Are research on altcoins for long term investment worth it?? - page 5.

kotajikikox

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

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

You have already mentioned there that it is BITCOIN or ETHEREUM is still in considering so why need for other currencies when these 2 is best for long term holding?

and besides why look for Newly created currencies when there are already existing with reputation and proven to be legit?

totoy4741

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Research is part if the on educating your self in the project and would how yoylu would make a move for investments. Success of the project would still depends on how the project will progress, develop and how the team will perform. There are some project with great potentials but the team just couldn't execute their plans really well so it end up a failure.

Doranile432

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I was once a long term holder but now I have a different mindset, please learn to take profits when they are available, that's the best way to earn and increase the quantities of your coins

crwth

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That's pretty much what has happened towards these years. Back then, it was the hype that there are a lot of ICO that is happening, and people starting to get over to that space and made money. The first ones who experienced that had the opportunity to profit a lot. When the time came when it's pretty well known, there are people who start taking advantage of this and started scamming people for their BTC. Then the ICO hype ended.

Then comes the IEO where it's almost the same, it's just that people are starting to make partnerships with big well-known cryptocurrency exchanges that would trade their tokens and possibly do the same thing like ICO. Pump and dump the coin.

This is my conclusion about altcoins for long-time investment terms, don't do it. It's just that there are already enough coins today and there seems to be a lack of actual applications of different coins. I would just like to trade the coins that I would be willing to HODL instead of trying to find the 10x, 100x, 1000x, coins.

Ifemini

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There are consequences for every action

I think trading or investment are individual choices i.e if i decide to invest on bitcoin, you can decide to invest on altcoin
Different individuals with different area of specializes

So don't allow yourself to be bullied around investment, stick to your skilled preference and always do your own research

Rengga Jati

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If it is a new altcoin, I think nowadays there are very few altcoins to have promising or potential future. So, even we do research, it is nor really worth for a long term purpose. But if we just target for a short term investment, picking new altcoins based on research is still acceptable or reasonable. It is very unfortunate but it is the fact.

kindbtc

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You are right i think if someone is entering the market for longterm perspective then risking his money with new projects is not a wise thing to do rather trade btc and eth on long timeframes and make some extra cash or accumulate more and more btc n eth for future appreciation.

Shallow

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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

New projects nowadays makes it look like research etc is a waste of time, I won't say it is entirely a waste of time, at least for the meantime it helped people to choose good IEOs they invested in and made good gains within the stipulated time. But considering long term investment on most altcoins, that is where the issues lies and from recent happenings, research rarely works, because, the team have every power of either improving or not of which most of the times they choose to lag behind while giving excuses hence the decline in the altcoin's price. In addition, it is good to know that, only a few project team works hard to improve hence making research on long term investment a good thing.

Surrapatt

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Quote from: Maackayon1 on April 22, 2020, 01:17:05 PM

Everyone is simply concerned about making profit. Altcoin invesment is with extra care and proper research. No forming of loyalist because it's a big risk. Preferably it's better to stick with the big guys.

That is a very natural thing to happen, because everyone clearly wants to look for profit, including you and me, there are no people in this world who are not looking for profit, so it is very natural and you have to understand.

Free1bitco.in

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Quote from: Akiko on April 23, 2020, 01:09:54 AM

If you plan to invest in an ICO project or any crowdfundinh forget about it. Even how you research a project if its from crowd funding it will not give you interest but most likely you will just lost your money ,in long term.

If you want to review a certain Altcoins project you should only focus on a running project that already available in the market not from new created one that will promise many big things ,but it will failed in The end.

reviewing projects that are currently underway is a good thing compared to choosing ICO, or you can choose IEO which is selling in popular markets. now many people see this as an opportunity. at present, there is no appropriate recommendation for an ICO. most ICOs are just a disappointment.

Akiko

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If you plan to invest in an ICO project or any crowdfundinh forget about it. Even how you research a project if its from crowd funding it will not give you interest but most likely you will just lost your money ,in long term.

If you want to review a certain Altcoins project you should only focus on a running project that already available in the market not from new created one that will promise many big things ,but it will failed in The end.

minairia3

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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

Thats right. IEOs are for short term investment. That excludes project that has somehow more potential. But these projects are rare, how many IEO projects have going down since the trend of IEOs? A lot right? Thats because people joining the launchpad are only securing the profits they earned then will just wait for another opportunity to enter again.

If you are for long term altcoins then choose those who survive for so long and forgot a long term idea for new projects. Thats crypto life cycle I am noticing from the beggining.

lienfaye

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An extensive research can lead you to a better project. So its a big help for us to know where to invest, its important especially nowadays that many projects do fail or scam in the end. Even you're planning to invest in a popular coins research is still a must to better understand the flow of the coins and to gain idea on what to expect if ever you plan to hold for long period.

mahilchii

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Research are always good for me I don't know how many people go through on researching but still it will give you a clarity on the project and security which is foremost important on crypto industry, you cannot blindly Invest on a coin and keep on holding for decades.

How come you will invest on a coin without knowing anything about that??? That's quite strange.. I suggest you to research multiple times before investing on a coin to avoid losing money.

Genemind

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Activity: 1596

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Doing your homework before investing will always be worth it instead of blindly picking a project to invest or joining they hype. There are tons of good projects out there that lacked support because most investors skip the part of doing their research when choosing a project. It will help you in choosing good projects with long-term potential.

meanwords

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You are too naive if you think researching is a waste of time for you. It will lead to your downfall soon as you will realized that you've fallen into someone's hand that which you can prevented if you only had researched. If you didn't search the projects background and history, how can you be sure that you can trust them with your money? what if you invested long enough and scammed when you didn't exit fast enough? research is the answer.

The only time you stop researching is when you are trying to invest in a top altcoin and other people does it to you.

Lexurdania

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Of course research is crucial when choosing altcoin for long-term investment. Some of the altcoins in the market are at high risk but if we choose altcoin which is at the top and traded at a large exchanger, I think our investment will be quite safe. Although there is no guarantee that altcoin will continue to rise, but at least with great liquidity, we will be easy to trade

Gab20

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That's why I stopped to bother myself investing in projects during token sale, except I am sure that the IEO will be profitable. Well, good to see that ICO is already gone because if there is still any, I will not invest at all. Most times, I just prefer to wait until trading starts.
While trading, if you are not greedy, you can be in control of your fund. You can determine when to sell and when to buy. Although, it is strategic and it is thing you can learn to do with no panic.

hahay

legendary

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If you feel that research is a waste of time and energy, then I just hope you don't complain if you end up investing in inappropriate projects because when there are lots of projects, then at least you are required to be more thorough if you still want to make a profit at the end. Everyone can randomly choose a project that you do without doing research, but the problem is those who complain because the efforts they made during the sales and marketing period did not give good results, be careful.

Youghoor

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Absolutely yes. Research in this industry will save you the trouble from all the chaff projects that are circulating in this industry with the purpose of running away with the funds of its investors. I don't think I would ever invest in any project without making a research about it first lol.

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