Let’s say you have a pile of cash in one hand, and a pile of crypto in the other. Which one should you spend and which one should you hold onto? You don’t need a financial analyst to tell you to spend the one that’s going down in value (cash) and hold onto the one that’s going up in value (crypto).
In other words, if you’re a long-term investor and not a trader, then there’s no need to ever sell your cryptocurrency holdings. You can easily get a low-interest cash loan against them and spend that to buy whatever it is you would use the money for.
On that note, here are three cryptocurrencies that you especially should never, ever sell.
Uniglo (GLO) — a gift to early investors
Uniglo, is a crypto asset that you should never, ever sell. That’s because every time someone joins this investment DAO community they hand all GLO holders a little gift in the form of a donation to the treasury and a token burn. Moreover, when they leave the community (sell their GLO), they have to leave a small portion of their treasury share behind for the rest of us and also burn more tokens.
This assures that the value of the treasury (which backs the GLO token) is always rising and the circulating supply is always falling no matter which way the market is headed. Bull or bear. It doesn’t matter.
The treasury is invested in a wide variety of assets including crypto and tokenized real-world assets like gold, collectibles, and real estate giving GLO holders exposure to a diversified portfolio of long-term holdings. All investments are voted on by the Uniglo community (GLO holders).
The best part about the fact that you found this article is that GLO is currently in ICO mode. And the tokenomics of GLO greatly favor presale investors. A number of burns between now and launch assure gains for early investors before the token even hits exchanges. Moreover, all unsold tokens will be burned prior to launch which could mean a nice boost in price.
The private presale runs until mid-October. You can learn more and get in on the ICO at the Uniglo.io website.
Monero (XMR)
Like Bitcoin, Monero is a decentralized cryptocurrency. However, unlike Bitcoin, which is considered pseudonymous (with some detective work you can track users), users of the Monero network remain completely anonymous and transactions cannot be tracked to their source. There will always be demand for such a service.
Although XMR isn’t by nature deflationary, while the current inflation rate is only 0.9% per year, its estimated unintentional burn rate is 1.5%. Now might be a good time to bag a stack as the price has risen by about two-thirds in the past couple of months.
Bitcoin (BTC) — the apex cryptocurrency
Bitcoin is the premier hedge against inflation. While it might not be acting that way so far this year, if you zoom out and look at the big picture, you would be hard-pressed to find a better-performing asset. BTCs limited supply and high liquidity make it a strong store of value. If you hold onto BTC for a couple of decades it could set you and your family up for generations to come. Some pretty smart financial geniuses are predicting that BTC will hit $1 million by 2030 providing a 50X return on investment from here.
Again, the trick here is to buy and never sell. If you need cash, take out a loan against your crypto and spend the currency that’s going down in value.
Learn more here
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io