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Topic: Altcoins as long-term investment ? (Read 1039 times)

newbie
Activity: 1
Merit: 10
September 20, 2017, 12:59:36 AM
#32
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.


BTC for long term hodling is most secure.

Others for diversification and long term hodling, I would recommend: ETH, EOS, NEO, QTUM, Waves...

If you're looking for a few pretty low profile and high potential coins for your portfolio, maybe: Stox, Wagerr, Bytom...

And finally, maybe a soon-to-happen ICO to consider contributing to: SocialX (SocialX.network).
member
Activity: 111
Merit: 10
September 20, 2017, 12:52:25 AM
#31
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.



For me the best alts outside bitcoins are ethereum, gridcoin and siacoin. I think investing in ripple is risky, good product and all that, but the fact that the developers have control over the coin, makes it a very scary prospect.

Can you please explain what kind of control devs have over ripple?
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
September 20, 2017, 12:48:03 AM
#30
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.


This is a good strategy, but in my opinion, Bitcoin should be at least 80%. Alts like LTC and ETH will rely on Bitcoin prices anyway so a further 15% should be in those established ones. I feel even 5% in "potentials" that cost say, less than $5 is enough, as you are banking on these rising much more over the long term. Holding these require more research and a bit of luck, but I might say you are in "safe hands" if you go for the ones with constant development. I too do not like checking every day and just hold.
full member
Activity: 812
Merit: 142
September 20, 2017, 12:42:33 AM
#29
I hold 40 %  my money in Bitcoin and 20 %  I invest for long term in Waves and Ethereum , and sometimes I buy  my 20 % in Litecoin, Dogecoin and Stratis.

You have made the good distribution of your money. Even I have almost similar sort of diversification for btc and ETH. Only for altcoins I do not invest in LTC, Stratis. Rather I go with Ripples, Monerao , ZCASH. If some times I feel the altcoins are being dumped I sell the coins and buy later when again its available at lesser price.
sr. member
Activity: 742
Merit: 250
September 20, 2017, 12:36:12 AM
#28
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.

Apart from investing in Bitcoin, altcoins are also a very useful long-term investment and it can be profitable. There are many types of altcoin on the cryptocurrency market, but we have to choose the most potent altcoins to be able to make a lot of profit. I usually choose based on the growth rate of each type of altcoin, the supply of reserves is clear, reputable and many people traded. Eth is a very good and potential altcoin, this is a lot of people know. Besides I also recommend Dash and Ripple, I think they are very potential and suitable for long term investment. This is just my personal opinion
full member
Activity: 360
Merit: 100
September 19, 2017, 02:19:34 PM
#27
I hold 40 %  my money in Bitcoin and 20 %  I invest for long term in Waves and Ethereum , and sometimes I buy  my 20 % in Litecoin, Dogecoin and Stratis.
sr. member
Activity: 647
Merit: 260
September 19, 2017, 01:06:59 PM
#26
Maybe you should buy some more Ethereum. Its good for your longterm bag, the price follows BTC in the most times! I also invested in Waves, Ardor and Stratis! I am going to chill these bags for a long time. Crypto will be great in the future guys! Smiley
sr. member
Activity: 462
Merit: 250
September 19, 2017, 01:01:48 PM
#25
Most of the altcoins available in the market are not fit for long term investment but there are some of the altcoins like ethereum, monero, litecoin and dash which have alot of potential and can show growth in future without any doubt.
sr. member
Activity: 686
Merit: 262
September 19, 2017, 12:56:37 PM
#24
Comparing altcoins on one scale is definitely not right. There are vast varieties of altcoins available including some preferred long term investment, some short term and some for day trading. Usually the top 10-20 are best for long-term holding. They have large cap and are quite popular, such coins experience volatility but once dump can recover easily. Short term holdings are usually best for ICO tokens, and some medium cap coins. Day trading are best for pump and dump coins. Risk increases with shorter time period.
sr. member
Activity: 602
Merit: 265
September 19, 2017, 12:54:42 PM
#23
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.



For me the best alts outside bitcoins are ethereum, gridcoin and siacoin. I think investing in ripple is risky, good product and all that, but the fact that the developers have control over the coin, makes it a very scary prospect.
sr. member
Activity: 392
Merit: 292
September 19, 2017, 12:47:56 PM
#22
I think you should diversify your portfolio as there are many altcoins which can show very good growth rates in future like ETHEREUM, LITECOIN, RIPPLE, WAVES and STRATIS. These altcoins can show growth in future as these altcoins are very very popular.
It is not only that he has to diversify his portfolio about altcoins but also he has to identify which altcoins are very good to invest in. I know those that you've mentioned are quite good enough in comparison to Bitcoin that is, but also he also needs to learn on how to earn those altcoins by not undergoing on just buying them. I mean, there are lot of ways to earn those altcoins, by different campaigns that is. Since Ethereum is 2nd to Bitcoin so, it is advisable to just find Tokens that have been forked in ETH, seemed to be more profitable.
full member
Activity: 235
Merit: 250
September 19, 2017, 12:05:12 PM
#21
Stratis is best altcoin for long-term investment. I believe it can reach the top. over eth. Just waiting more update from dev
full member
Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
September 19, 2017, 11:52:46 AM
#20
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.

how about waves i think this coin can get price like eth now in a few year again
sr. member
Activity: 317
Merit: 250
September 19, 2017, 11:25:38 AM
#19
I think you should diversify your portfolio as there are many altcoins which can show very good growth rates in future like ETHEREUM, LITECOIN, RIPPLE, WAVES and STRATIS. These altcoins can show growth in future as these altcoins are very very popular.
legendary
Activity: 882
Merit: 1001
September 19, 2017, 11:22:17 AM
#18
Etherum and litecoin are safe investment. Lots of new coins are using etherum as a platform. Some small ones Am holding are siacoin, OMG and syscoin.

I think most of altcoins will not be survive for a long time since there are too many factors that will affect the progress, just like a few years ago, a lot of Internet companies came out and only a few of them survived.
member
Activity: 63
Merit: 10
September 19, 2017, 11:19:07 AM
#17
Etherum and litecoin are safe investment. Lots of new coins are using etherum as a platform. Some small ones Am holding are siacoin, OMG and syscoin.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 19, 2017, 11:18:40 AM
#16
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.

add neo and waves they both have good potentials with what you are thinking to hold are all for long term goal I think you will be more stable after some years of
holding those coins and better to keep yourself in the safe site every time crashing is showing better to build strong foundation about those supported project that
you will hold.
sr. member
Activity: 2296
Merit: 360
September 19, 2017, 11:04:38 AM
#15
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.

Go for 70% bitcoin and 30% on ETH. This way its not hassle to mind on checking prices compared on having lots of coins but well its your own choice though if you do like to have lots of coin possesions rather than on ETH you can go with WAVES and LSK. I do have hopes for these coins too i can see its potential but well these suggestion arent accurate and not guaranteed but alteast we do see some hopes on this one.
full member
Activity: 406
Merit: 100
BAILOUT
September 19, 2017, 11:00:30 AM
#14
%70 bitcoin is a good idea, even though I don't agree with that all altcoins are not good for long term investment. I think it is better to hold bitcoin in the proportion of %40-70
full member
Activity: 364
Merit: 102
September 19, 2017, 10:52:54 AM
#13
Most of us do it the wrong way when it comes to alt coins. We try and play swing trades and sell ususally on 30-40%. Now image if people who bought VIA coin when it was at 2k would never have bought their lambos now! Find good coins and hold for couple of years!
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