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3 Cryptocurrencies to Buy and Hold Forever


Some people trade cryptocurrencies. They buy the digital coins and then sell relatively quickly. It's possible to make a nice profit when the winds are in your favor. On the other hand, this kind of short-term trading can be hazardous to your financial health when cryptocurrency prices begin to sink -- as we saw happen in the latter part of 2021.

Investing in cryptocurrencies for the long term is a different approach. Instead of trying to make a quick buck, the idea is to buy digital coins that have the potential to generate significant gains over the course of years or even decades. For investors with the patience to wait on game-changing returns, here are three cryptocurrencies to buy and hold practically forever.

Image source: Getty Images.

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Source Fool.com

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