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Topic: By now, is it worth to invest in major altcoins for the long term? - page 6. (Read 1258 times)

full member
Activity: 1470
Merit: 103
COMBO 2.0
You are really wrong by saying am sure no coins especially major ones lost their valuation Ofcourse their is market turbulence which is actually quite alright but dont expect anything major thats what i will say The best way to invest is to study the market am sure that will help you alot
hero member
Activity: 2464
Merit: 550
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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?



It seems like not all big altcoins have lost their value and there are still some that survive in the market, if you want to invest in altcoin, you have to study the market and know the risks you will take.
if you enter the world of cryptocurrency and invest in cryptocurrency when the price is high and enter to make an investment but the price is falling then he will be trapped at a high price, for example altcoin whose exchange rate is currently falling very deeply is ethereum, some time ago ethereum the price still expensive but for now the price is collapsing. so when you want to invest then I suggest you can be careful when choosing the right altcoin.
full member
Activity: 664
Merit: 100



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?



It seems like not all big altcoins have lost their value and there are still some that survive in the market, if you want to invest in altcoin, you have to study the market and know the risks you will take.
sr. member
Activity: 756
Merit: 257
Freshdice.com



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?



It must your absolute own decision in the end but to determine the worth of major alt coins, one need to study well the behavior of the crypto to the dynamic market. Some of the top altcoins right now might not survive the market in the future due to the changes in the trends in the market. Determining which crypto aside from bitcoin to be timeless is all speculation. All of them have risks so, do not invest unless you understand and accept those risks. One can also try to check out major alts that have real use case and have great chance to be adopted and used by significant number of people.
full member
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the top 50 most likely will make you some profit, while the rest are more like gambling, since its hard to find a good project under top 50
sr. member
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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?


You need to check on the top 10 altcoins on coinmarketcap, study and analyze some of them there is no need of seeking advice from anyone take a cursory look at some of those coins like XRP, BCH, LTC and host of others they had started to wake up, they had been like a sleeping giant thus this is the most appropriate time to buy and accumulate as the future market outlook brighter as far as the crypto market is concerned.
full member
Activity: 399
Merit: 100



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?


Major altcoins already increasing as Bitcoin price is increasing. For long term and huge investment major or top coin is the best. For low money and risky investment fresh altcoins is good after ICO or IEO this situation. Anyone can recommend you some major altcoins from those no one dump yet.
full member
Activity: 896
Merit: 108
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?
Instead of just hearing the issue, wouldn't it be better if you confirmed it yourself by analyzing? it's better than just being affected by fud and fomo. The rise and fall of altcoin prices is reasonable, even bitcoin is also the case, there will be times when it bounces again, so it needs analysis both fundamentally and technically. Of course, strong altcoins like ETH, Tron, XRP, etc. have good opportunities, especially with high functionality. But it can not be ascertained, only limited to predictions, take the opportunity with a safe way. dwyor.
hero member
Activity: 1008
Merit: 531



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?



Who said that major alts are declining in value?

In fact, in this current market, major alts have had sizable gains when compared to even BTC because of the fact that in the bear market these coins were significantly oversold leading to now a stronger recovery than  BTC, which fared much better within the bear market.

I'd actually continue to bet on them in the long run, especially with the likes of ETH, XRP, and other large caps which have high likelihood of getting picked up into institutional portfolios.
full member
Activity: 812
Merit: 102
Altcoins are now a very difficult situation. I would not consider them as investments, especially long-term ones. It's better to focus on bitcoin.
fvb
member
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I think that most people on this forum are not only waiting for an increase in their investment in basic coins.  But they also periodically buy tokens, also at the moment.  And not only from the top ten, but also new, promising tokens of various projects.  In any case, the most important thing in investments is a detailed study and analysis of projects.
hero member
Activity: 1260
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I think that you must have the main altcoins in your portfolio, but you should not rely on them as the best source of money income. the main altcoins will necessarily grow in price in a bull market, but I think that they will not bring big profits and that's why you should have other coins in your portfolio.
legendary
Activity: 3178
Merit: 1054
the market has changed so far, i can still recommend to invest to some altcoins. maybe just the major ones not the ones you haven't heard of before or had been existing for a long time yet the price didn't even go up.  the teams today are fooling investors by making its coin appear like ti has a value but in reality their volume it has in a day is just worth $10 for a very looong time. you'd best just pick the ones on the first page of CMC.
hero member
Activity: 2828
Merit: 611
Of course they are gaining value, look at ethereum, litecoin, eos, bnb, monero and what they have started years ago. Check their prices at the first day of every year and you will see that except that 2017 peak times for all (which bitcoin was damaged too) they have always gone up, they are basically amazing.

Definitely they may not gain too much value in bitcoin terms and that is sad, however bitcoin does go up greatly so its fine for altcoins to lose value in bitcoin pairing, looking at usd values they always have a good trajectory in the long term. Never give up on your hopes for the major altcoins, there are some horrible coins and they lose value and go down but the likes of the big coins I listed have a great future ahead of them and can be supported or even bought for your portfolio.
sr. member
Activity: 420
Merit: 250



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?


I not interested with investing in long term because not worth and look not interested have waiting long time to get much profit with some altcoin, I think best opinion when trading with short time because every day is earning and profit day because we use short time for trading without waiting more than one or two month receive profit from trading.
hero member
Activity: 938
Merit: 500
Even if they lose their value which I did not notice, still lay eggs in different baskets in order to reduce the risk of investment loss. In general I advise you to learn more about coins before investing.
sr. member
Activity: 658
Merit: 256
Freshdice.com
For me, despite of the down fall in the part of Altcoins, I still find it worthy to invest into the major Altcoins because they are the ones that are capable to have the potential of growing in terms of price and also worthy to be hold for long term investment. As the year 2020 enters our calendars, the price behavior was observed to be doing so well not just for the part of Bitcoin but also for the Altcoins as well specially for the top ranked Altcoins. This just proves that despite of having serious down falls, still Altcoins can be able to regain from its loss and be worthy for investment. So for me, investing into major Altcoins are still worthy for long term nowadays.
sr. member
Activity: 1610
Merit: 264
No. Just day trade them if you can. Invest time in learning day trading whenever you can. I've held quite few altcoins before but they were all just dumped. I held that coin since 2017 and it just went crap by 80% after a year, so I just decided to "erase" the coin.
member
Activity: 736
Merit: 11
indeed who said if investing in top altcoin is not recommended anymore? for me it is wrong. if there really isn't any other choice about altcoin investing, then I personally would prefer altcoin in the top 10 in the market, because I believe some of them have great potential and are worthy of investment in the long run.
full member
Activity: 644
Merit: 127
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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?
If I were you, I am going to invest now in bitcoin while the price of it is low since we all know that halving is about to happen. For sure, sooner or later the price of it will rise up even more. If you really want to invest on altcoin, you better do some research about it first and try to compare its long term effect in the bitcoin. Since I know that bitcoin is still better than altcoins in terms of long term effect into it. So, my suggestion is you should go to bitcoin while its price is not that high.
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