How reasonable is the long-term investment in Altcoins? - page 10.

globalpain

full member

Activity: 1260

Merit: 103

The OGz Club

Quote from: Joshapat on November 27, 2021, 10:00:56 AM

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.

I think it is a good place to invest because it is a promising project,
of course it depends on each person's research but if you see that it is an official sponsor of the UFC it will most likely be big in the future,
and we'll see what happens next

EmmaGod

jr. member

Activity: 230

Merit: 1

There's no doubt that short term trading is more lucrative, if one is able to trade and earn maximally but that is faced with a huge amount of risks. Long term investment could be the best especially for altcoin like ethereum, bnb, etc
These are projects with great use case and has a large community who are supportive and committed to the success of the project.

Joshapat

sr. member

Activity: 1526

Merit: 255

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.

vasu091254

copper member

Activity: 18

Merit: 0

It is up to you to invest in alt coin. But long term alt coin I prefer. You may have noticed that all the 1 to 100 coins currently in the coin marketcap were initially available in the market at a very nominal price, but now their value has increased. And gradually people's confidence is growing and all these projects are slowly gaining strength. So there are a lot of other things that we can get at a very small price right now, so by finding such good projects we can make a long term investment in it and get a good profit so I suggest you to make a long term investment in this.

JackieAinsley

jr. member

Activity: 152

Merit: 1

Quote from: tulusikhlas on November 21, 2021, 11:11:44 AM

It depends on the potential offered by the altcoin itself, because not a few altcoins also provide long-term benefits. it's just that analyzing their existence is hard to find. Due to competition and following the movement of the rising price of Bitcoin. If you look at Luna and the projects that have been launched, it's quite reassuring, especially Solana, of course, everyone already knows about her prospects for this one year.

Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73

kro55

sr. member

Activity: 1610

Merit: 301

*STOP NOWHERE*

Quote from: Natalim on November 26, 2021, 04:05:38 PM

Quote from: Muslimin mj on November 26, 2021, 02:58:16 PM

Quote from: tokyohd on October 19, 2021, 02:43:29 AM

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 disagree with your opinion. because everything in cryptocurrencies has risks. bitcoin and altcoins have the same risk. although bitcoin has proven that every year bitcoin is able to increase its price. but there are some altcoins that also follow the movement of bitcoin on the market exchange. I give an example like DOGECOIN.

They both possess the same risk, whether you invest for long term or short term, the main outcome is only dictated by how you manage your investments. With knowledge and skills in trading, that will minimize the risk and increase the chance of success, so that's the thing you need to improve as an investor so you'll become successful in investing.

Some investors need time to learn how to invest profitably, their experiences are very vital and they always reflect to learn from them.

@Muslimin, Where there is no risk? Is it risk-free if you deposit fiat money in the bank? Inflation is happening every year, commodity prices are rising, money is depreciating. Investing in Bitcoin is one of the least risky investments and is known as a safe haven asset to invest in the long term.

@Natalim, For doing crypto trading you must have proper knowledge about trading indicators and risk management. But in the case of long-term holding, there is no need for you to be aware of trading skills. Anyone can hold Bitcoin for long term, the minimum skill is good enough for hodling, just patience is the main thing in this case.

UDONNA

sr. member

Activity: 1162

Merit: 251

It is important to choose the right altcoins for your investment. It takes knowledge and intuition. But if you've guessed right, then your choice will reward you many times over. I invest in altcoins and believe in succes.

Natalim

hero member

Activity: 3038

Merit: 592

BTC to the MOON in 2019

Quote from: Muslimin mj on November 26, 2021, 02:58:16 PM

Quote from: tokyohd on October 19, 2021, 02:43:29 AM

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 disagree with your opinion. because everything in cryptocurrencies has risks. bitcoin and altcoins have the same risk. although bitcoin has proven that every year bitcoin is able to increase its price. but there are some altcoins that also follow the movement of bitcoin on the market exchange. I give an example like DOGECOIN.

They both possess the same risk, whether you invest for long term or short term, the main outcome is only dictated by how you manage your investments. With knowledge and skills in trading, that will minimize the risk and increase the chance of success, so that's the thing you need to improve as an investor so you'll become successful in investing.

Some investors need time to learn how to invest profitably, their experiences are very vital and they always reflect to learn from them.

Muslimin mj

member

Activity: 568

Merit: 18

Goldeth.io

Quote from: tokyohd on October 19, 2021, 02:43:29 AM

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 disagree with your opinion. because everything in cryptocurrencies has risks. bitcoin and altcoins have the same risk. although bitcoin has proven that every year bitcoin is able to increase its price. but there are some altcoins that also follow the movement of bitcoin on the market exchange. I give an example like DOGECOIN.

tsaroz

legendary

Activity: 2982

Merit: 1069

Quote from: tokyohd on October 19, 2021, 02:43:29 AM

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?

If we would see the price movement of popular coins like bitcoin and Ethereum, we could see crypto is the real winner in long term. But with increasing competition and diversity of function and use, it would be much difficult to predict which coins would give you good profit in long term. Bitcoin and Ethereum could be a safe bet but overall selecting a number of promising coins is ought to be profitable in long run. But as there are much sharp fluctuations in price in crypto, a short term trading and investing could be folds more profit than just holding.

andeluna

jr. member

Activity: 238

Merit: 2

Reasonable as long as you get the best altcoin to hold long term. So if you want long term investment in altcoin better to choose the best one the one that you think will change your life better analysis and research is the key to get the best altcoin for your long term investment.

sarmrakib

full member

Activity: 1292

Merit: 101

Vave.com

Quote from: tokyohd on October 19, 2021, 02:43:29 AM

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 think it will be always profitable to invest on long term on good coin .A good project never get failed to raise your profit for long term .So you need to choose the right coin to invest .We all know that how good to invest on btc but it is also profitable on altcoin if you choose the top ranked altcoin on the market .For example he who invested on Eth ,Neo,BNB has gotten huge profit from that .So it is always good to invest on altcoin and profitable if you can choose the right project .

kojektea

sr. member

Activity: 2296

Merit: 256

SecureShift.io | Crypto-Exchange

I don't agree with altcoins for the long term. It usually lasts up to 5 years at most. But altcoins that I often encounter only last about 2 years finally the bear market actually makes altcoin projects unable to develop their development. Unlike bitcoin and other top coins. They are already big in any way, they can survive even in a bear market.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Dannaey on November 23, 2021, 06:21:46 AM

If you are going to invest for long-term, either Bitcoin or Altcoins, you have to make sure that the project has a solid plan on their roadmap and have a good community. Having a good community gives you an idea that the project is a good one. Yes, it is reasonable to invest long term in Altcoins because it gives you a passive income that you can harvest in the future.

But, always do your own research as crypto world is very risky and we know there are a lot of projects out there that are just a rug and pull token.

Maybe you should consider bitcoin as a good investment since we already seen how well the project was, after more than 10 years
bitcoin still standing, with Alt project, there are any to choose from ETH to all alternative coins that are also moving upwards, not
just by the value but by the development, you just need to work with your research. It will save you a lot.

Dannaey

full member

Activity: 468

Merit: 100

Experience the Future of DeFi

If you are going to invest for long-term, either Bitcoin or Altcoins, you have to make sure that the project has a solid plan on their roadmap and have a good community. Having a good community gives you an idea that the project is a good one. Yes, it is reasonable to invest long term in Altcoins because it gives you a passive income that you can harvest in the future.

But, always do your own research as crypto world is very risky and we know there are a lot of projects out there that are just a rug and pull token.

fvb

member

Activity: 1470

Merit: 13

It depends exactly on the potential of the coin. That is, because of its usefulness for use by the crypto community. So there are altcoins for long-term investments.

nurulhmani1280wat

jr. member

Activity: 394

Merit: 1

XEGGEX

Quote from: tokyohd on October 19, 2021, 02:43:29 AM

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 totally agree with you i have tried it several times in the last few days now i hold like ethereum and bnb both have greatly increased the percentage in these last few days in the crypto market, if you invest short term it is better here, because this coin is very dependent on the value or supply of bitcoins.

tulusikhlas

sr. member

Activity: 1526

Merit: 252

It depends on the potential offered by the altcoin itself, because not a few altcoins also provide long-term benefits. it's just that analyzing their existence is hard to find. Due to competition and following the movement of the rising price of Bitcoin. If you look at Luna and the projects that have been launched, it's quite reassuring, especially Solana, of course, everyone already knows about her prospects for this one year.

aseprebel

full member

Activity: 630

Merit: 100

cogwise.io

altcoins have much to offer in terms of long-term investments. One simply needs to do the research before placing their bets. There are many alternatives when it comes to making investments. To make the decision over which crypto to choose. Make sure to explore the project. Read the whitepaper and check out its website.

Nasuhalugu

member

Activity: 414

Merit: 23

Investments still have risks, friends, whether it's long-term or short-term. Long-term investment is easier to determine profit targets.
If the profit that we put up has reached, then it can be immediately released. In long-term investment, it is easier for us to set targets. If it's a short-term investment, for me it requires many factors that we must consider and is risk-prone considering the condition of the token or coin price that can always shift from the initial prediction.

Topic: How reasonable is the long-term investment in Altcoins? - page 10. (Read 2410 times)