Long-term crypto projects that you firmly believe in!

I am really enjoying the DeFi wave right now. There are lots of projects coming forth, they have incredible annual percentage yields (APY) and it is almost like it is easy to get rich. But, in the midst of this, there is a fear within me that says that it will not last forever. In some way, and some projects, for sure will stay around, but it can easily happen than many of them will fall apart as well.

After all, many projects finance the interest by what is paid by the new users coming to the platform. As a result, once new users stop arriving, there will be none to pay for the interest. Of course, you have the inflation thing as well, when you think of platforms that give you interest in their own native token, and somehow, they just mint new and new tokens to pay for the interest. But once again, when people stop being interested in the token, the value will decrease and turn to zero.

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Source: pixabay

In the midst of this, there are crypto projects that I firmly believe in and trust that have a bright future. One of those, Vechain, is a project I can see being around for a very, very long time, and I truly believe in the team and their mission.

I can also see clearly that coins such as Ethereum and Bitcoin will be around. But, what about all the others? If you think about the business world, then you have all sorts of stores, like ALdi, Lidl, Amazon, Walmart, Spar, and other brands. In other words, when it comes to blockchain technology, not everyone will use Ethereum or Bitcoin, but there is space for Cosmos, Solana, Avalanche, Cardano, and several others.

Which chains and projects will survive a long bear market?

This is one of my leading questions. Which projects will survive it if we would enter a long and depressing bear market like the one we experienced between 2017 and 2020? I know Vechain did, and so did Ethereum, Bitcoin, Cardano, and several others. But, I also know that quite a lot of projects fell through and didn't survive.

So, which are those projects that you believe in long-term, and that you wouldn't worry about, even if we went into a long bearmarket? I would love to hear your thoughts and explanations about why! :) If you come up with some good reasons, I might just join in and invest in it myself!

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