Best Sites For Long-Term Cryptocurrency Predictions For 2023 ; Here’s List
Cryptocurrency investing is, for a lot of serious investors, a long-term game from which they cash out only a couple of years after their initial investment. But, owning a cryptocurrency for such a long time can be tricky. It can’t be just some coin that skyrockets and then drops to zero. It has to be a coin that provides some real value to its users and is therefore likely to go up in value over the course of time. To find such a coin, one can use various sites that provide long-term cryptocurrency predictions for various coins.
The list of long-term crypto predictions websites is :
- CryptoPredictions.com
- Wallet Investor
- Longforecast
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CryptoPredictions.com
This website provides long-term cryptocurrency predictions up to 5 years in advance. These predictions are for each month of the year, with minimum, maximum, and average expected prices. CryptoPredictions’ homepage states that they scan historical exchange rates and other historical market data of cryptocurrencies and use these data to predict likely future price development. Currently, the website features predictions for over 14,000 coins, but new ones are added every day. To find a coin of your desire, the website allows you to filter among coins based on different categories, such as AI, sports, memes, real estate, music, etc. Interestingly enough, crypto investors outside the US can choose in which currency they want to see the predictions. There are 32 other currency options, including GBP, EUR, ZAR, and INR.
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Wallet Investor
WalletInvestor is one of the leading AI-based price predictors for the cryptocurrency market. It provides technical forecasts for more than 3,400 cryptocurrencies, 50,000 stocks, and thousands of Forex pairs. The forecasts are generated by Machine Learning algorithms designed by the firm.
The website provides both free forecasts for all visitors and additional features for members. WalletInvestor focuses on long-term trends in cryptocurrencies and gives forecasts for the next 7 days, 3 months, 1 year, and 5 years.
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Longforecast
Longforecast.com is a well-known cryptocurrency price prediction website. Based on previous data, the agency predicts the price using statistical and mathematical formulas. They consider market indicators such as correlation, cyclic recurrence, investor attractiveness, changes in asset availability, key market events, regulatory events, and algorithmic trading.
Unlike Wallet Investor, the platform only forecasts the top 25 cryptocurrencies’ prices (Bitcoin, Bitcoin Cash, Bitcoin Gold, Cardano, Ethereum, Ethereum Classic, Dash, Iota, Litecoin, Monero, Nem, Neo, Ripple, Stellar, Zcash Binance, Tezos, Bitcoin, EOS, and so on). You can also choose to have your forecasts translated into USD, AUD, or GBP. Longforecast claims to be using reliable models for long-term forecasting.
Things to Keep in Mind
- Due to the market’s massive volatility, relying only on predictions is not regarded as a sensible approach. If you seek an easy-fix answer to all of your difficulties, such as a price forecast, you are putting your substantial investments at risk.
- You can use these forecast platforms to make educated guesses about the future of cryptocurrencies but bear in mind that recent news and global trends can have a significant and unexpected influence on the price. However, if you want to maximize your return on investment while minimizing risk, you should do your own research.
- Always adopt a thorough research strategy that includes basic research, trading analysis, and extra tools such as predictions. Remember that while these predictions provide a good starting point when it comes to making long-term analyses, they should never be used as financial advice without doing your own due diligence.
- Depending on your preferences and needs, you might want to use a different site from the list, as each of the crypto prediction sites has its own characteristics.
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