Topic: By now, is it worth to invest in major altcoins for the long term? (Read 1241 times)
February 24, 2020, 02:47:59 PM
Personally, I consider the most profitable investment is large coins such as Bitcoin, Ethereum and they will always be the most relevant and will make a profit on investment.
February 24, 2020, 02:30:24 PM
Major altcoins are still good to invest, I still recommend to invest in major altcoins for long term because most of the major altcoins has potential to increase more and can survive for long.
That's right, because top altcoins constantly fall in price and then grow in price to incredible heights and most importantly, all these altcoins are constantly expanding their technologies and capabilities and for these reasons we can trust these altcoins and invest in them. February 24, 2020, 02:25:14 PM
Long term holding is simply for major altcoins or those altcoins which are having large popularity such as ethereum and ripple. Just observe how these coins' market value behave. The market price as far as my observations, are a bit stagnant at a certain point. Although there are price downfall but in general, prices do play at a certain point.
The market price of the new ones or those which are included on minor altcoins' market value drops upon being listed on exchanges and that simply proves how popularity affects the market value of a crypto not only altcoin. The prices of these cryptos moves a lot in a downward motion unlike those of the 'big guns' of this industry.
The market price of the new ones or those which are included on minor altcoins' market value drops upon being listed on exchanges and that simply proves how popularity affects the market value of a crypto not only altcoin. The prices of these cryptos moves a lot in a downward motion unlike those of the 'big guns' of this industry.
February 24, 2020, 02:24:12 PM
My favorite and most advanced one is called GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. I also recommend you to have a closer look at guys' website, cause there is a lot of info available
That definitely sounds very attractive, I will have a closer look on my own and get back. Thanks for the recommendation
February 24, 2020, 02:24:01 PM
I have been hearing that even major altcoins are gradually losing its value.
For long term investment purpose, no more investing in major altcoins recommended?
Btw, has anyone experienced BISPEX exchange known as its insurance funding?
I have not tested the trading platform that you proposed, but I have an interesting opinion about investing in top altcoins. The fact is that when they say that many, if not all altcoins will die, then such people are disingenuous, because with such statements they push the market down to buy the best altcoins down there. At the moment, we see that with each new cycle of development of the crypto market, top altcoins showed new heights. If you want to find out if there will be another new peak, then you should take a chance and wait for this moment.
February 24, 2020, 02:23:56 PM
And what are the ones? Can you share? Of course, interested to know about most advanced ones you have in mind
My favorite and most advanced one is called GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. I also recommend you to have a closer look at guys' website, cause there is a lot of info available
February 24, 2020, 02:17:25 PM
No, I wouldn't say so. Talking about me, I am big fan of attending different events, especially musical. And thus, I noticed many issues on ticketing market - mostly connected with frauds. And found only one solution that sharply helps with bold tech and blockchain implementation
And what are the ones? Can you share? Of course, interested to know about most advanced ones you have in mind
February 24, 2020, 02:16:20 PM
I agree with you here, such straregy definitely makes sense. And as for you, are you having many industries you are following?
No, I wouldn't say so. Talking about me, I am big fan of attending different events, especially musical. And thus, I noticed many issues on ticketing market - mostly connected with frauds. And found only one solution that sharply helps with bold tech and blockchain implementation
February 24, 2020, 02:11:10 PM
From my point of view, it is important to evaluate the value, not the price. An interesting strategy is to choose the industry you are interested in and try to look for real solutions that solve some real problems. And I personally look at the ones that are coming with blockchain implementation
I agree with you here, such straregy definitely makes sense. And as for you, are you having many industries you are following?
February 24, 2020, 02:10:15 PM
From my point of view, it is important to evaluate the value, not the price. An interesting strategy is to choose the industry you are interested in and try to look for real solutions that solve some real problems. And I personally look at the ones that are coming with blockchain implementation
February 24, 2020, 12:35:22 PM
I have been hearing that even major altcoins are gradually losing its value.
For long term investment purpose, no more investing in major altcoins recommended?
Btw, has anyone experienced BISPEX exchange known as its insurance funding?
Let me start with one quick note - no one can recommend you to invest or not to invest, because it is strictly personal decision, so yeah.
Imho most of the altcoins won't make it through this decade with positive value gain results.
So you got to make sure what you are investing in - we are not in 2018 and market is showing signs of maturity not following btc all the way.
Each project has potential ,but you should believe in their results.
February 24, 2020, 12:15:31 PM
Once upon a Time almost all altcoins lose 70- 95percent of their value, that was the best time for anyone to have accumulated enough altcoins, by now they should be smiling because even without altcoin season some altcoins brings huge profits already e.g OKB token
February 24, 2020, 11:57:01 AM
No one can and no one should make that call for you. If you need investment tips, you shouldn't ask them from random people from the internet. Study the markets yourself and act accordingly. You are in danger of losing your money if you need someone else to make that decision for you.
Possibly Ethereum can be suggested to OP for long-term investment as this altcoin has been in the market making waves around. I have invested in Ethereum for a long term, this investment fetched me more profits than any other altcoins back in 2918, I can recommend this altcoin anytime any day. Though, this is not an investment advise, use with discretion. What worked for me may not work for you, wishes you an investment success in cryptocurrency.
February 24, 2020, 11:49:36 AM
I heard chromia and coti, both worth it for long term.
February 24, 2020, 11:23:26 AM
I have been hearing that even major altcoins are gradually losing its value.
For long term investment purpose, no more investing in major altcoins recommended?
Btw, has anyone experienced BISPEX exchange known as its insurance funding?
Then you heard the wrong thing, a typical example of a major altcoin is Ethereum, can you say it is losing its value. Another is BNB can you also say it is losing its value?. There is no argument there is always a time when the market dumps and all coins not only major altcoins will be hit but what signifies or shows how valuable some coins are is their ability to regain their price when there is a positive growth in the market. Ethereum for example dumped but this year it has regained its value although not as expected, but better than it was. Therefore, in my own way of doing things, Ethereum as a major altcoin is good for long term.
February 24, 2020, 10:57:24 AM
If what is meant is to invest in crypto which is in the top 50, I think it can be used as a long-term investment. Many projects that I think have potential for growth and if liquidity is a factor that needs to be considered, I think choosing crypto in the top 50 is a rational choice
Be sure to choose the best on the top 50. I'm telling you that it's a wise idea but don't get into that idea because they're all in that top number. Not everything that you can see there is worth of your time and money to invest. I see some good long term altcoins there but some of them are heavily out of my choice for some reasons. Generalizing the top 50 but be picky to choose the best out of them. 
February 24, 2020, 06:56:39 AM
I have been hearing that even major altcoins are gradually losing its value.
For long term investment purpose, no more investing in major altcoins recommended?
Btw, has anyone experienced BISPEX exchange known as its insurance funding?
Then you heard the wrong thing, a typical example of a major altcoin is Ethereum, can you say it is losing its value. Another is BNB can you also say it is losing its value?. There is no argument there is always a time when the market dumps and all coins not only major altcoins will be hit but what signifies or shows how valuable some coins are is their ability to regain their price when there is a positive growth in the market. Ethereum for example dumped but this year it has regained its value although not as expected, but better than it was. Therefore, in my own way of doing things, Ethereum as a major altcoin is good for long term.
February 24, 2020, 06:44:37 AM
Only if you were able to get a good position when you will be purchasing an altcoin, let just say you got ETH when it was below $200 then you are on the right spot. Something like that however for other tokens/coins, I don't see any that is worth the hold. Maybe, one would be BNB since innovation every now and then.
February 24, 2020, 03:55:18 AM
If what is meant is to invest in crypto which is in the top 50, I think it can be used as a long-term investment. Many projects that I think have potential for growth and if liquidity is a factor that needs to be considered, I think choosing crypto in the top 50 is a rational choice
February 24, 2020, 03:20:33 AM
Major top altcoins are good for long term investment but if you need money quickly you should consider Bitcoin, it's very good for short term and long term investment and the risks is limited unlike altcoins
bitcoin limited risk ? thats what you guys think maybe because it is old an old age coin but its still verry unstable . the risk is actually more higher on bitcoin than on altcoins but your right , altcoins works good if you are not in a hurry and if you just want to sit you money on it for a while , while still expecting something in return . not just major but minor altcoins are okay too invest too . its not good if people only focus on major altcoins because that wont give a balance to the crypto market .
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