Three No-Brainer Cryptocurrency Stocks to Purchase Prior to the Next Big Rally

<p>Cryptocurrencies have been rallying significantly over the last couple of years, but this extended bull run has been quite unlike many others in the past. And, as the industry continues to grow in popularity, investors' opportunities to find new high-potential crypto stocks to buy and hold long-term continue to expand.</p> <p>Major cryptocurrencies such as Bitcoin and Ether are experiencing significantly longer rallies, and when they correct, they are far more resilient than in the past, frequently forming a new support level.</p> <p>This extended rally in cryptocurrencies dating all the way back to last year demonstrates the industry's new revolution and the investors who have entered the space and are committed for the long haul.</p> <p>Thus, with Bitcoin, Ether, and other major cryptocurrencies having recently pulled back slightly, now may be an excellent time to invest before the next big rally. As a result, here are three of the best cryptocurrency stocks to buy now at a discount.</p> <p>Among the most productive cryptocurrency miners</p> <p>Mining stocks are among the most risky in the space, but they also offer some of the highest growth potential. And while all of these stocks will benefit from the next major cryptocurrency rally, Hut 8 Mining has been the standout performer thus far.</p> <p>When conducting an analysis of a cryptocurrency mining company, two critical points should be kept in mind. What is the underlying cryptocurrency that it mines, and how valuable is it in the long run? In the case of HUT, this is primarily Bitcoin, indicating that it should continue to have tremendous long-term potential.</p> <p>The other factor to consider is the competitiveness of the company's operations. Cryptocurrency mining is all about constantly upgrading your computing power in order to remain competitive, and HUT 8 has been one of the best at this. Additionally, it holds over 5,000 of its own self-mined Bitcoin, which it believes is a prudent investment because it should appreciate in value over tim