Topic: Are research on altcoins for long term investment worth it?? - page 6. (Read 853 times)
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.
in my opinion depending on what altcoin you choose, if you choose altcoin randomly and you don't understand the background of the project then you will be trapped, my suggestion is to choose a good altcoin in the top 100-200 Coinmarketcap, choose according to what you understand
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
You earned current market situation properly even you are new. After your information I would suggest to invest for long time when price dump in exchange. From now you you have keep your eyes on some altcoins like "CARTESI" project. Every time BTC pump then some altcoins must be pump huge. Stable coin pair listed coin price don't pump big percent. 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
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
That's what we have called that as the hype. 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
Sometimes you don't need to do a lot of research when you are facing a coin that was hyped by people. If you wanna go for longterm and invest into the existing coin ( in this case i meant an old one) And you have to need to do research. Short term play may bring less risk compared with long term.
You can't dismiss all research on altcoin is a pure waste of time and energy when research totally depends on yourself, of how you conduct your research. It isn't a waste of time at all if you know what kind of information you need to make clear, what thing you need to check. Better to research before invest or you risk of going invest blindly and that is not good.
A lot depends on market conditions as well, as you can see we are currently in long downtrend from couple of years and this may change soon but due to downtrend most new projects and coins will automatically suffer because there is no or low volumes for new coins in the market and due to negative sentiment in the market people avoid taking new positions. So it all depends on the market in bullish market even low quality projects and coins can pump massively.
Flash pumps do often occur when an IEO for a project ends. not infrequently when the list on the exchange price falls more than 80%.
but we must be selective in choosing projects because many projects that look good but ultimately scam
but we must be selective in choosing projects because many projects that look good but ultimately scam
Research is not truly a pure waste of time as you've labelled it. The market reacts to so many news and the whale factor makes it look as if though there's no stability. Research helps us to avoid scams in the name of altcoin projects, it helps us to identify key projects with potentials despite the turn in price of such projects over time.
Sometimes its worth it, but I like to bet on market trends. What's going to be popular, and why?
Everyone HATES KYC/AML when dealing with exchanges. It's a boring process that exposes your identity, something that goes AGAINST the real purpose of cryptocurrencies itself.
With the US dollar becoming digital in the future, and people who wants to deal with money off the grid, it's pretty easy to see where adoption comes in
I'm sure decentralized exchanges such as Blocknet's DEX will get insane volume and usage in the coming years from people who's SICK and tired of the current monetary system. If you own a node on the network, you can profit passively off the DEX trading fees, including their other services such as decentralized oracles, and a new and improved Infura solution.
With that said, I don't believe these projects will explode over night, but be pretty decent long term holds, and a great vehicle for a passive income for years to come.
Everyone HATES KYC/AML when dealing with exchanges. It's a boring process that exposes your identity, something that goes AGAINST the real purpose of cryptocurrencies itself.
With the US dollar becoming digital in the future, and people who wants to deal with money off the grid, it's pretty easy to see where adoption comes in
I'm sure decentralized exchanges such as Blocknet's DEX will get insane volume and usage in the coming years from people who's SICK and tired of the current monetary system. If you own a node on the network, you can profit passively off the DEX trading fees, including their other services such as decentralized oracles, and a new and improved Infura solution.
With that said, I don't believe these projects will explode over night, but be pretty decent long term holds, and a great vehicle for a passive income for years to come.
When betting on the long term, you must take into account the fact that in addition to the instability of the coin itself, we are also dealing with the instability of the market itself, and bitcoin in particular.
This globally affects all altcoins, sometimes extremely unpredictable. However, there are things that in any case will positively affect the price in the future - this is the demand for technology.
If a coin, no matter how much it costs now, has good potential in the future, then this will be a good investment, although no one will give guarantees.
This globally affects all altcoins, sometimes extremely unpredictable. However, there are things that in any case will positively affect the price in the future - this is the demand for technology.
If a coin, no matter how much it costs now, has good potential in the future, then this will be a good investment, although no one will give guarantees.
Those Altcoins also will lead you to lose.
There is nothing doing research, they are really helpful especially you are putting your money there.
Investing in such altcoins, especially during the ICO or IEO stage are extremely risky, but now IEO becomes popular and less risky compare to the ICO. But still, there are already lot of examples of IEOs that are already dumping off the floor after their pure hype launch.
There is nothing doing research, they are really helpful especially you are putting your money there.
Investing in such altcoins, especially during the ICO or IEO stage are extremely risky, but now IEO becomes popular and less risky compare to the ICO. But still, there are already lot of examples of IEOs that are already dumping off the floor after their pure hype launch.
Research is always helpful before investment. Now investment in altcoins are very risky if you don't find a good project. Although it is tough to find a good project now. I have seen many successful projects in the last few years but now almost all are dead except few ones. In the long run, i only suggest to invest BTC, ETH, XRP, LTC, XLM and few top coins but it should be remembered not to invest in shit coins.
It is true, research is just an initial step for you to gauge if a project has a potential or not. Once the project gathered enough funds for project developent, it all depends on the whole team how will they maximize the fund and how will develop the platform/product as well as marketing which will determine the growth in the long-run.
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
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
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