Topic: Do you believe in crypto long-term? - page 70. (Read 4193 times)
More and more people come here for easy money, but 90 percent of people burn, lose money and mostly go home, and those who stay understand that there is no easy money here)
Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
I believe long term in Bitcoin.
But not in any specific altcoin. Sorry but I can not see any of them being around the next 5 years.
Most of them are just vaporware. In terms of blockchain txns they are ghost towns.
Ethereum is technically totally flawed and broken. EOS isn't much better. And anything below the top 10 are just money grabs and coins to speculate with to make either more USD or BTC. That's the ugly truth imo.
Maybe in a few years there will a hand full of coins who can get some ground in a niche and deliver something useful. But right now there isn't anything on the horizon. But the space is still very young and wild west like. Patience is needed.
I think there is still some risk in holding it for a long time. It should be impossible for you to determine the future of the cryptocurrency. I think the cryptocurrency has a very good market before 2020.
I personally believe in long-term. But I don't think that the future is with bitcoin. It has quite significant technical limitations. One should pay more attention, in my opinion, to emerging alternative DLT platforms.
Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
I doubt that in cryptocurrency you can get a quick income with minimal effort. Here is the opposite. The more effort-the more income.
In the case of a long-term perspective, one has to believe only in bitcoin, all the rest is just so much hope!
the main purpose of people here is to make a profit but now Bitcoin and Ethereum more I believe to invest other than that I do not want to go there.
I think that some existing tokens and coins definitely have a long-term future, other coins and tokens are only suitable for speculation. Nobody can now predict which coins and tokens will survive in the long run.
Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
If you are asking about the long term holding then you should not be looking after the quick buck with minimum efforts! That one is sarcastic statement when considered together with the long term holding.
Crypto currencies always need time to get evolved within their projects then only big investors get attracted to them. Then only they make investment during the long course of time and thus gradually the prices start rising for such coins. Thats why they need to be held for the long terms and it works surely!
We did start from nothing mate,just like what bitcpin and ethereum price from past many years ago compare to know. What a big difference right? This thing helps me to trust and believe for long term mate. And i am holding those major coins for longterm, time to buy yours now
Absolutely, I think that cryptocurrencies are the future and that the day will come when they will be used on a daily basis by most people in the same way that credit cards or online banking are used nowadays.
For me, it depends on how the crypto market drives. As of now, cryptocurrencies are super unstable and really takes time for its price to go upward. Long term HODL is not actually a bad idea if you are a type of investor who treat cryptocurrency as a part time job or just setting a specific time when to sell it. Besides, most profitable altcoins like ETH, LTC, DASH and BTC takes a year for it to achieve the price where they are right now.
Yes I think it is going to grow much more than until now, and I am holding long term some of my coins and some tokens. I think that not everything is good anyway.
Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
Yes, I am making long term investment. I have held many altcoins since one year now and I have come to experience that it does work all the time. Also we should take note of one important thing here, when we do a long term investment then it could be the case that crypto project may failed in between. So thats upto us how to look forward in this long term type of holding process. But I surely believe in the long term holding only, it can give us more than 5-10x hikes in a year and some coins are literally going 500% or more. We also noted last years bitcoin's hike and other crypto's hike. So for better results always go for this method.
Maybe bitcoin and ethereum or those top 10 coins in coinmarketcap. But new coins? maybe not.
I only believe in bitcoin, because at the moment, most tokens are just hype, which worries me.
So if I'm allowed to keep it for a long time, then I'm only willing to trust bitcoin.
So if I'm allowed to keep it for a long time, then I'm only willing to trust bitcoin.
Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
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