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Topic: How reasonable is the long-term investment in Altcoins? (Read 2410 times)

brand new
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I'm sure if tech giants didn't keep their datasets, there would be much more promising projects in the AI field.That's why I'm so sure that $SNSOne with their open datasets will blow up very soon and the $SNS sky’s limit price.
brand new
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We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

wherever there is a risk, it depends on how we manage that risk. investment in bitcoin also has a risk if next year the bitcoin price stagnates !!!
but what we need to understand before investing in altcoins is, firstly to choose a good or potential altcoin and one that has developers and teams who work optimally to make their project a success, secondly we need to see whether the altcoin community continues to grow or decline, I think this is the most important It is important that we pay attention if we want to invest in altcoins.
legendary
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Leading Crypto Sports Betting & Casino Platform
Yes, I'm on the side of agreeing to short term investments in Alts options. I think not all alts are credible and good for long term hold, the problems in them are sometimes so complex and can make their project stop any time and result in a scam on the project. Unlike Bitcoin, which is independent and moves independently and guarantees significant growth every year.
But you must be very careful with short-term investments, more so when it comes to alts, because if BTC continues to fall it is likely that it could have a greater decline and investment in alt can be given as a possible long-term if you want. recover the investment and make a profit, because it is possible that the BTC will take time to rise and achieve a bullish rally, in addition to the fact that it has been seen that many investors are buying altcoins at the moment because they are cheap and represent a great opportunity.
full member
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Yes, I'm on the side of agreeing to short term investments in Alts options. I think not all alts are credible and good for long term hold, the problems in them are sometimes so complex and can make their project stop any time and result in a scam on the project. Unlike Bitcoin, which is independent and moves independently and guarantees significant growth every year.
full member
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i think, i do not agree with your opinion. all types of coins have risks including bitcoin.

indeed, most altcoins are not suitable for long-term investment, but don't say all types of altcoins. not all altcoins are bad for long term investment, some of them are very good even more profitable than bitcoin like ethereum and bnb.
legendary
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Leading Crypto Sports Betting & Casino Platform
I trust in top Altcoins as they are maintaining a good spot in the market so trust is there with top coins. Not Altcoins are good to hold for the long term. Yes, I also feel that holding altcoins for the long term is risky so always set the target but there are some exceptions also. We all see the market in a different way and everyone has a different opinion on this but I believe holding Ethereum and BNB for the long term is an ideal idea otherwise I also believe in holding altcoins for the short term.

I agree with you, I have only come across a couple of posts from 'people who say they trust new and nascent projects, which seem to me to be high risk, however at the moment ETH and BNB are usually two currencies that They react very quickly to BTC changes, but there are two more coins that I see potential and I think they can make a big bullish jump when BTC recovers and makes a bullish trend, and these coins are Solana and Matic, which which is a great time to buy, I see these coins at least x2 or x3 when BTC becomes bullish.
legendary
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casinosblockchain.io
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

I absolutely agree with you. Historical data of Coinmarketcap also proves this statistically. Data for 2013: https://coinmarketcap.com/historical/20130519/
Only Litecoin survived. Others have disappeared. Very bad news for long-term investors of the coins in this table... Data for 2015: https://coinmarketcap.com/historical/20150111/ On the other hand, it is an indisputable fact that the right projects make good profits. Projects such as Litecoin, Doge, XLM have made good gains for early investors.

I think it's a risky investment. Making the right investment is not easy. A quick profit and exit is a better option.
newbie
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Investing means preparing for the future.  Huh
Capital, expertise in trading, and a thorough understanding of risk
Psychology

Regardless matter whether we're talking about profit or loss, each instrument has its unique set of circumstances.
In the end, it's up to you.
1. Low pricing for altcoins
Short-term investments in cryptocurrencies like bitcoin and altcoins should be made only if the price rises a few pennies (growth in assets by hundreds of percent of the total altcoin capital).
Although we cannot guarantee that currencies with other fundamentals will likewise be delisted from Dex and the market.

There's no denying that Bitcoin is pricey per chip, but we can acquire it by multiplying its value by our capital, which means we can retail it. Of course, the coins have solid fundamentals and other popular ones don't guarantee they will be safe.
I pick a coin with solid fundamentals, even if it's a little risky, if the price is low 
hero member
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Eloncoin.org - Mars, here we come!
We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
Yes I agree with you. Now from altcoin expecting profit kike Bitcoin is totally waste if time. Short term profit is more profitable. Imagine solona or Axie Coin reached 200$+ in bullish cycle and now sol trading at the price 100$ while Axie 65$.
Short term profit is more profitable becuase real  profit is that which booked while only up down in your wallet is not called profit booking.
full member
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C O M B O
I agree with you long-term investing in altcoins is risky but not entirely true there are also good altcoins to hold in the long term,
In my opinion, good altcoins to hold in the long term, namely eth and bnb, these altcoins have proven to be good and continue to increase every year.
The two altcoins have indeed been good for a long time so almost everyone chooses them for long-term goals through their investments now, so there is no need to hesitate even though there are still risks because any choice in cryptocurrency is always tied with risk.
Ethereum and BNB also rank at the top of Coinmarketcap so there is no need to hesitate if you want to invest long term in both coins,
with long-term investment it seems more profitable,
what is clear is that the two coins are very feasible and safe for investment
full member
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SOL.BIOKRIPT.COM
I trust in top Altcoins as they are maintaining a good spot in the market so trust is there with top coins. Not Altcoins are good to hold for the long term. Yes, I also feel that holding altcoins for the long term is risky so always set the target but there are some exceptions also. We all see the market in a different way and everyone has a different opinion on this but I believe holding Ethereum and BNB for the long term is an ideal idea otherwise I also believe in holding altcoins for the short term.
hero member
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We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
I don't think so at all, I actually believe it depends on the Altcoin that you have invested in. I know many of us only believe that Bitcoin is good for long-term investments but there are also good Altcoin projects in that realm too. I remember when Cardano was first listed on Bittrex Exchange back in 2017, I believe it was less than $0.01 and it did an ATH of $3+ and we also see BNB to an ATH of $600+ and lets not even go to ETH. The Altcoin list can go on but you must invest in good Altcoin projects.
newbie
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Yes, I completely agree with you; it is true that some altcoins, such as eth, bnb, and others, have enormous market potential from year to year. However, there are more types of altcoins that become less and less marketable year after year than those that continue to rise year after year. It is preferable to use altcoins solely for trading rather than long-term investments. You should also check DAO maker, they let you participate without staking any platform tokens but the pool would be competitive. This would disrupt the launchpad model.
sr. member
Activity: 1414
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Whether to invest in crypto in the short term or in the long run it will usually depend on the individual but before that the market needs to be well researched. Get to know the currency you are investing in. Then invest in that currency from the research of others, one has to move forward by applying one's basic knowledge. At present, the value of all coins in the cryptocurrency market is low and fluctuating. If you make long term investments in BNB and Etherium coins in the cryptocurrency market then I think you will definitely get good profit from future investment.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I would say it depends on the market sentiment if the market sentiment is bull we can plan to hold for the long term otherwise, in my opinion, I will not hold for long because the market gives several chances to buy again but Bitcoin and Ethereum is an exception here for long-term investment. If we consider the last 1-year market movement we can see most of the coins drop and rise several times So it's better to hold for the short term because most of the time we can get a chance again also to buy again.

I think the same, if everything happens under a scheme where the investment is seen as investment and not as trading, the person who has invested in altcoin knows that they should wait as long as necessary until the BTC rises in price, at that time the hope that the altcoins rise is immense, this is where the investment of the altcoin should be monitored the most, since it is probable that some with luck can give x2 or x3 at once, since it excites some investors They are usually seen when they buy the currency in large quantities, at that moment it is when you can withdraw and see how far its maximum point can be.
sr. member
Activity: 2268
Merit: 275
the right long term investment is bitcoin but there are some altcoins that I think will continue to grow and will provide benefits if you hold it in the long term those coins are bnb, eth these two coins are coins with good fundamentals and will continue to grow every year.

True, if you want to invest long term bitcoin is a better place. Indeed there are also some promising altcoins as you said.
But it comes back to us as investors where to keep our money. All are equally good, and also have the same risk. But I see altcoins have a lot more risk than bitcoin.
sr. member
Activity: 1680
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Long-term investment in Bitcoin or Altcoin has a big risk but for Altcoin it does have a bigger risk when we enter to make long-term investment in altcoins, but before we enter into long-term investment we have to do research about altcoins so we are very confident to do it long term like for example some highly rated coins unless the coin is stable then there is no doubt to stay in long term investment.
full member
Activity: 2184
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SOL.BIOKRIPT.COM
I would say it depends on the market sentiment if the market sentiment is bull we can plan to hold for the long term otherwise, in my opinion, I will not hold for long because the market gives several chances to buy again but Bitcoin and Ethereum is an exception here for long-term investment. If we consider the last 1-year market movement we can see most of the coins drop and rise several times So it's better to hold for the short term because most of the time we can get a chance again also to buy again.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I think that long-term and short-term investments are the same as risk, nothing is safe except property investments such as land and gold, I myself prefer long-term investments rather than short-term reasons, the short term is too ambitious in looking for profit while long-term investments the risks we face are small the benefits we get are not much different.

You are right, when we talk about Real Estate and GOLD investments it is something else, what happens is that we are diversifying on assets that have support at all levels, and before the world of the traditional economy it is a plus to do so, it is like investing in the stock market, as in shares of Disney, Paypal, Amazon, are actions that their chart is bullish, because they have their good support, when we talk about altcoins it must be understood that the safest investment is with the altcoins that are below BTC or at least the first of the top 10 of CMC, and with the main characteristic that they will always be dependent on BTC.
newbie
Activity: 72
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For the time being, many investors are investing long-term in bitcoin because the price of bitcoin rises year after year. Anyway, You can look for DAO maker, they are pretty slick with their ORN launch! They have created an ROI of 155.76x! Going back, we can also invest in potential altcoins for the long term and make a large profit, although the risk of investing in altcoins is higher, but it depends on the coins we hold, so it makes sense to invest in some potential altcoins for the long term.
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