{"id":295511,"date":"2021-07-24T07:39:36","date_gmt":"2021-07-24T11:39:36","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=295511"},"modified":"2021-07-26T08:06:07","modified_gmt":"2021-07-26T12:06:07","slug":"5-best-cryptocurrency-to-buy-for-long-term-returns-july-2021-week-4","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cryptocurrency-to-buy-for-long-term-returns-july-2021-week-4","title":{"rendered":"5 Best Cryptocurrency To Buy for Long Term Returns July 2021 Week 4"},"content":{"rendered":"

Knowing the best cryptocurrency to buy can be challenging even now as the market recovers. In this article, we explore the 5 best cryptocurrency to buy for long term returns as we round up the second half of the year. Let’s jump right in.<\/p>\n

1. Bitcoin (BTC)<\/h2>\n

\"bitcoin<\/p>\n

Starting our list of 5 best cryptocurrency to buy is crypto bellwether Bitcoin. Created by a mysterious character named Satoshi Nakamoto, Bitcoin has drawn interest from far and wide. It is also the first decentralized virtual currency.<\/p>\n

As per trading volume and market share, Bitcoin is top of the ladder, with most cryptocurrency exchanges supporting the top digital asset.<\/p>\n

This has largely been due to Bitcoin’s deflationary tendency. Hardwired into its code by Nakamoto, there can only be 21 million BTC tokens ever created. This has aided BTC’s rise, with many institutional investors dubbing it the “digital gold.”<\/p>\n

Institutional adoption has also grown, with several key figures and companies adding Bitcoin to their treasury. A major player is the US software company MicroStrategy which reportedly owns more than 100,000 BTC in its treasury.<\/p>\n

Countries are also joining the Bitcoin wagon, and the first among a growing line of admirers is the Latin American nation El Salvador<\/a>. The small American state has approved Bitcoin as a legal tender after the US Dollars. Other North American nations are also considering the idea.<\/p>\n

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For the Marshall Islands, it said \"was once a nuclear test site for the US, and is composed of more than 1,200 islands.\" El Salvador was introduced with a picture representing Bitcoin. pic.twitter.com\/VNvFYRAskX<\/a><\/p>\n

— Raphael Rashid (@koryodynasty) July 23, 2021<\/a><\/p><\/blockquote>\n