Are research on altcoins for long term investment worth it?? - page 3.

dragon695

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Quote from: Lorokan on April 22, 2020, 05:07:06 AM

After checking through through altcoins,
their ieos,
the immediate pump after ieo,
The stable price and volume for few weeks, months,
And the sudden crash in price,

I want to say that any research on altcoin whatsoever is pure waste of time & energy. it's only the coin devs/team and that can guarantee someone the exact time to invest & exit, it is better to invest and hodl altcoins on the short notice and take profits.

Yes, I agree with your views on short-term speculation over long-term investments in the crypto market. Please allow me to state my opinion on this view. We can see the alts listed on big exchanges, soaring prices and then falling miserably and even the Dev team is no longer growing, this happens often. such as Celer, BTT, OATH, ONE. The reason behind that is the fomo of the community. After that fomo wave cooled down, it was time for people to sell their coins to look for other coins and make a profit. Basically, we can see that most people don't invest in technology. they speculate and expect immediate profit, when the prey is empty, people will leave.

CuriousGeorge

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Quote from: Krabby on April 29, 2020, 03:11:02 PM

Quote from: SacriFries11 on April 27, 2020, 12:23:58 AM

Quote from: soramon on April 26, 2020, 03:40:05 PM

From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.

In addition, not only ETH is only altcoin you can invest with. You can invest coins like BNB and LTC. These are the altcoins that are being still hype even it's launched long time ago. I prefer to invest in altcoins that are already present in the market rather than new altcoins. Many new released altcoins are struggles in surviving the volatility of the market.

Altcoins that exist in this market are always better than new altcoins. Currently, the new altcoins are difficult to survive in this market, their prices quickly collapse and there is no volume because of the bad market situation. If you want to invest in altcoins long term, it is better to choose the top altcoins in the market to be safe.

If you are thinking like that and how those new altcoins that launched on various IEOs have already can survive till this time. I have learned a lot from my past experience and as long as the new coins have a very good fundamental and it can sustain even longer even surpass the old coins who already exist.

cahbagus555

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Quote from: Lorokan on April 22, 2020, 05:07:06 AM

After checking through through altcoins,
their ieos,
the immediate pump after ieo,
The stable price and volume for few weeks, months,
And the sudden crash in price,

I want to say that any research on altcoin whatsoever is pure waste of time & energy. it's only the coin devs/team and that can guarantee someone the exact time to invest & exit, it is better to invest and hodl altcoins on the short notice and take profits.

when you're ready to hodl for a long time. It is better you do all that research on trading TA wise for btc & eth than any other altcoin whatsoever.

This is my ample opinion, i will like to further learn from suggestions

If we are careful in doing research on altcoin and right in investing, I think altcoin can provide huge benefits. Altcoin price movements may be unpredictable but sometimes the increase that occurs in one day can reach tens or even hundreds of percent

bgaf

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Maybe I agree with this, since IEO ever introduced I noticed that some investors are not looking into details or even paying attention to the concept and even purpose of the project. Their goal is simply just to join IEO then take some profit and wait again for another new IEO that will launched.

I am not pessimistic but the altcoin space has been like this and the value of the altcoin are just depend now on trading and no one care what development they have as long as the trading can give them profits. So we can say that altcoin projects has no interest now perhaps we should only look on old projects where development kept pushing not on these new ones.

Ridwan Fauzi

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Quote from: Kasabus on April 29, 2020, 06:41:26 PM

Quote from: soramon on April 29, 2020, 03:59:49 PM

It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.

Yes. Research is not a 100% guarantee that you will see good results at the end of the project. To be more practical, play safe by investing on bitcoin or ethereum because for sure, both of them will give profits in the long run. Other altcoins are still a waste of time since most of them still go to zero value after some time.

Investing in new project is not suitable to be choose for long term investment you'll ge a lot of lose in it. Choosing new project for short term investment is more suitable. Even, you aren't greedy you will get a lot of profit in it, like has happened a few times ago. Steem's developer has decided to hardfork and the result hive is new hardfork for steem coin. The hive coin is being listed on binance exchange so as there are a lot of people who buy this coin as much as he can. But as you can see now its price is increasing, it that mean the most investor has sold the coin to avoid a dump.

Kasabus

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Quote from: soramon on April 29, 2020, 03:59:49 PM

It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.

Yes. Research is not a 100% guarantee that you will see good results at the end of the project. To be more practical, play safe by investing on bitcoin or ethereum because for sure, both of them will give profits in the long run. Other altcoins are still a waste of time since most of them still go to zero value after some time.

soramon

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It is true i think doing that to new altcoins is such wasting of time. The risk for losing money is high and no guarantee that project will run smoothly. I think the safest ways is invest on bitcoin or etheruem. You can earns profit from there.

JungleOnion

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Lots of altcoins have a strong blockchain and community backing them up so it's worth getting involved before deciding to invest in it. If getting involved in a project yields significant results based on your criteria, then you can consider the idea of investing in a coin.

Just investing purely because of technical analysis won't get you far. Coins that can be analyzed technically are very few and at the top of the list, which normally would take a significant amount of capital to reach decent gains.

Krabby

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Quote from: SacriFries11 on April 27, 2020, 12:23:58 AM

Quote from: soramon on April 26, 2020, 03:40:05 PM

From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.

In addition, not only ETH is only altcoin you can invest with. You can invest coins like BNB and LTC. These are the altcoins that are being still hype even it's launched long time ago. I prefer to invest in altcoins that are already present in the market rather than new altcoins. Many new released altcoins are struggles in surviving the volatility of the market.

Altcoins that exist in this market are always better than new altcoins. Currently, the new altcoins are difficult to survive in this market, their prices quickly collapse and there is no volume because of the bad market situation. If you want to invest in altcoins long term, it is better to choose the top altcoins in the market to be safe.

SacriFries11

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Quote from: soramon on April 26, 2020, 03:40:05 PM

From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.

In addition, not only ETH is only altcoin you can invest with. You can invest coins like BNB and LTC. These are the altcoins that are being still hype even it's launched long time ago. I prefer to invest in altcoins that are already present in the market rather than new altcoins. Many new released altcoins are struggles in surviving the volatility of the market.

samcrypto

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Doing your research on new coins/tokens is worth it, and if you want to make your investment profitable you probably need to make research first. That's a normal scenario on the IEO's they usually pump on their first week but after that we can expect a big dump on that because of no more hype. I also don't like holding new coins/tokens for long term because I know they will dump and left be out in the market, its too risky to hold.

maxreish

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You are pertaining to the new altcoins who were managed by pump and dump schemes. Haven't you supposedly research on that too? Those teams and dev behind the project? Research is not useless as you have said, OP.

If you research well about the project's objective, products and team. You will gonna spot the legit and scam altcoins. We all started researching altcoins for long term investments. Aside from that, it is also important to read some good feedbacks from old investors before buying that particular altcoin.

Emilyearl

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Yes it's worth it. Despite the fact that the market situation few years from now isn't known but yet a research could save one from investing in scam projects. Holding an altcoin for long is not a good investment advice. Altcoins should be traded within a short time frame not long investment option.

soramon

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From my perspective rely on new project is not worth at all. Even you had long research no one can guarantee that project is legit. Most of new project turns into a scam or cant survive in long time. So, i suggest to invest on ethereum best altcoin so far.

shadowduck

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Quote from: Republikcoin.com on April 26, 2020, 02:01:13 AM

if you don't make use of the product they made, and that is included in the new project, I also prefer to get short-term benefits. however, I only hold back in the long run when I like their products, or when altcoin is included in the top altcoin. but, I think, it's natural to do research before you make a long-term investment. it applies to all altcoins.

research should always be carried out, but not only with a long-term investment. in the short term, it is even more dangerous to invest than in the long term. be careful because the market is too fast

Mulann2

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Research is not enough to guarantee longevity of any alt project especially new project in the market, already existing project that have been around for some years is more advisable, newly introduced project are more likely for very short term because they can surprise you at any time, better to choose existing project with some years of being around than a new project, they a lot less riskier.

Metall303

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Quote from: Esterklu on April 26, 2020, 04:03:51 AM

Yes, they are worth it, but the risk will still be high. Many of the projects that I have researched for a long time have brought me profit after entering the market. However, there are many other factors that cannot be predicted, so research does not provide a 100% guarantee.

Now the situation is not predictable at all. Research gives only 50 percent on the success of the project, because even those projects that I have been analyzing for a long time, then they turned out to be a scam. The market of new projects is now terrible.

cytpoway121

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The first basis in crypto currency is doing your own research, hence researchs are worth it.

Either you are buying as a trader, or stocking up as an investor or basically joining Bounty programs, doing your research, getting information and guidelines ahead will keep you abreast of what to expect

Esterklu

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Yes, they are worth it, but the risk will still be high. Many of the projects that I have researched for a long time have brought me profit after entering the market. However, there are many other factors that cannot be predicted, so research does not provide a 100% guarantee.

jhonjhon

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Such a long search and to find a long-term investment will lead to nothing. You can't rely on new projects that are existed today, most of them are just a scam and they'll soon out from the market once their intention are done. If we think about long-term investment, we will never go to that thorough research better to acquire the existing one which been in the market for many years.

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