Buy and HODL Shortlist: Uniglo.io (GLO), Cardano (ADA), Solana (SOL) and Ravencoin (RVN)

Long-term investment strategies, such as ‘HODLing,’ are crucial to accumulating wealth. The term ‘HODL,’ misspelling the word ‘hold,’ is an acronym for ‘holding on for dear life.’ It is one of the crypto industry’s most recognized and known strategies.

Finding quality cryptocurrencies among the endless abundance of available crypto assets can be a pain point for most investors. Therefore, we have curated a list of excellent crypto investments that should not be missing in any HODL Portfolio.

Uniglo (GLO) 

Uniglo is an ultra-deflationary, social cryptocurrency with utilities to defy any bear market. With its vault, digital assets back Uniglo’s token (GLO) like Tether (USDT), Decentraland (MANA), or Cool Pet NFTs (Non-Fungible Tokens). All assets are subject to constant evaluations and trading to produce a profit, slowly growing the vault’s value over time and effectively raising the floor price of the protocol.

The trading profits fuel a buy-back & burn of GLO tokens. Besides that, the protocol burns a percentage sum non-stop. Uniglo calls this deflationary tool ‘Ultra Burn,’ which could prove to be the solution to economic downturns.

Cardano (ADA)

Cardano is a layer-two chain founded by Charles Hoskins. It was often referred to as an ‘Ethereum Killer’ but has yet to prove its worth. Though it is one of the more significant decentralized finance projects, investors had to wait a long time to get the highly sought-after upgrades to the smart contracts and scalability of the blockchain. ADA is similar to Uniglo, a popular choice for every portfolio.

Solana (SOL)

Solana is another layer-two blockchain with high scalability, transaction speed, and low fees. SOL, the blockchain’s coin, is so famous it was once the fifth biggest cryptocurrency by market capitalization. The Proof-of-Stake (PoS) project is well-known for its ability to host smart contracts, dApps, and especially NFTs with low transaction fees compared to Ethereum (ETH).

Ravencoin (RVN)

Ravencoin is a modified fork of the father cryptocurrency, Bitcoin (BTC). Therefore, it uses a similar Proof-of-Work (PoW) mechanism. Still, investors can mine the coin RVN with their computers’ CPU instead of expensive and hard-to-get crypto mining hardware. The blockchain’s primary goal is to facilitate the digital issuance of assets and their peer-to-peer transfers.

In conclusion

Picking the right crypto assets is essential for the success of your long-term HODL Portfolio. With Uniglo (GLO), Cardano (ADA), Solana (SOL), and Ravencoin (RVN), you should have the ability to book extraordinary profits in the next bull run.

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