How reasonable is the long-term investment in Altcoins? - page 11.

ardydyon

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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?

hmmm. I don't agree with your opinion.
Bitcoin is indeed profitable if we invest in the coin for the long term.
One thing you should know that altcoins are also good for long-term investments.
Of course not all of them, but of the many altcoins, there are many coins that have good projects and have
good future ahead.
for example, let's look at eth, bnb, solana, there
it is an altcoin that has the potential to increase and continue to grow with the projects they have.
right now the hype is NFT game coins and metaverse. it is a good altcoin long term investment.
I suggest you do a deeper research about altcoins so that your mind is open, not only btc which is a good long term investment
altcoins also have the same potential as btc.

marcous

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Quote from: Woodie on November 19, 2021, 02:04:04 PM

I think for tokens that have been bought right from a token sale( ICO or IEO) i think long term holding is the way to go because sometimes price actually drops way below its initial price and recovery takes quite a while to get back, so before all this happens we have to be ready to hodl for a while , and when price is back where it all started then we reset our timers for the x100 or x1000 target gains which are the usual targets for altcoins.

It's easy to say but it won't always be easy to do because what you think doesn't necessarily go according to the plan that has been arranged, because there are also many cases of ICO and IEO tokens sinking to the lowest price but unable to bounce back because of the investors don't like it anymore

matchi2011

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Quote from: Rengga Jati on November 19, 2021, 07:33:37 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?

Yes, a full long term investment for altcoins is risker than Bitcoin.
However, if we want to make a long-term investment for altcoins, we must ensure that the altcoins have very strong and progressive fundamentals, including real use cases. So, the value of the coins will survive even for a long-term period.
Like what happened to Ethereum and BNB. they have these criteria. A
And if we are willing to have long term investment, I will also think about picking top coins (but not those that have no fundamentals or hype coins only like Doge or Shib, will not pcik them beause o the high risks.)

If you do your research, there's no problem holding a coin that you do believe will bring you good benefits,
you said all those important things that a holder should take place, real case usages and progressive development
are some of the quality that will ensure that your money will not be wasted.

Make sure to consider the team who created the coin and what are their backgrounds in terms of this business,
they are the main pilot so better to know how qualified they are to support the project.

letyouearn

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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 would select some altcoins fro longterm - the strongest ones. And some - for playing short-term investing. Most of the altcoins are too risky to hold them more then several months - that's true.

bitgov

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First of all, you must be aware that long term investement in crypto is completely different than long term investement on any other market. The cryptocurrency market is developing at an express pace and here even an annual investment can be treated as a long term.
Of course, long-term investments can pay off very well. It all depends on what team creates the project and whether it is able to implement all the assumptions that are in the Whitepaper. If you manage to find such a project, let me know, I will also be happy to invest in it long term

Rengga Jati

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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?

Yes, a full long term investment for altcoins is risker than Bitcoin.
However, if we want to make a long-term investment for altcoins, we must ensure that the altcoins have very strong and progressive fundamentals, including real use cases. So, the value of the coins will survive even for a long-term period.
Like what happened to Ethereum and BNB. they have these criteria. A
And if we are willing to have long term investment, I will also think about picking top coins (but not those that have no fundamentals or hype coins only like Doge or Shib, will not pcik them beause o the high risks.)

jostorres

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Quote from: Mpamaegbu on November 09, 2021, 02:40:06 PM

Everything in investment comes with risk, including Bitcoin. The only difference is that a lot of people have come to trust Bitcoin more than alts. It's not as if Bitcoin hasn't wiped some people's investments off by way of liquidation when it dips (which is often very volatile) but it's because diamond hands have refused to go away. These hands have continued to hodl and support Bitcoin through thick and thin. Nevertheless, there are alts also which have stood the test of time like Bitcoin and have been doing well on long term investment. ETH, BNB, Solana (just to mention but three) are worthy examples of alts on long term doing fantastically well in the market. The caveat for every investor should be to DYOR before going in, whether for a short or long term.

Those people usually end up getting into very high leverage trades in order to get wiped. Right now we are in such a huge price that aside from a few people who bought at 60k+ everyone else is in profit right now if they are spot trading. However, if you are doing 100x or even as high as 150x leverage in some places then you are going to end up with getting liquidated in bitcoin as well. The risky part there is not that it is bitcoin, which is not something risky in its nature but the fact that you are doing high leverage. Stay away from that if you do not want to lose everything you have and you are going to be doing fine.

However people do it because you could turn 1k into 1 million in just 10 good trades with x100 leverage if you know what you are doing, it is risky and you may get wrong even once and be destroyed but thats the type of risk people take for that type of profit.

UDONNA

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I have several altcoins (BAT, etc.) that I invested in 2017 and still hold them. They were released by serious projects that are still alive and continue to develop. I think a long-term investment strategy with altcoins like this is quite reasonable.

bastian466

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It makes a lot of sense when choosing well known altcoins like ethereum, ada and bnb. I like to choose altcoin investments that follow the movement of bitcoin with a two way strategy, long and short, it can be seen from its journey from year to year as a reference from which point we will start investing because data analysis is also very necessary

MAAManda

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Long Term Investment Will Be Very Good If Invested In Projects That Have Good Fundamentals, Like What New Technologies Are They Bringing? Who are the Backers? etc. As long as they bring something new to the crypto world, then your long-term investment will be great.

I Choose To Invest Long-Term In Oasis Network (ROSE) For Several Things, One Of Them Because They Bring New Things Like Privacy-Enabled Blockchain, Apart From That They Have A Very Qualified Team In Their Field, The CEO of Their Labs Is A Big Name Academician (Dawn Song), you can see her profile at the following link: https://www2.eecs.berkeley.edu/Faculty/Homepages/song.html

If You Want To Know More About Oasis Network (ROSE), You Can Visit Their Site Here: Oasisprotocol.org

Quote from: ?? on ??

I think it all depends on the alcoin itself. If some solid and promising project is taken as a basis, then it makes sense to invest money for the long term. The last project I chose for myself is Foho Coin. Foho ecosystem - a solid foundation for investment

Why did you choose to invest there? I Saw An Unhealthy Price Chart On That Project (FOHO) Roll Eyes

, See How Healthy Price Charts from Oasis Network (ROSE)

FOHO Coin (FOHO) Oasis Network (ROSE)

Woodie

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I think for tokens that have been bought right from a token sale( ICO or IEO) i think long term holding is the way to go because sometimes price actually drops way below its initial price and recovery takes quite a while to get back, so before all this happens we have to be ready to hodl for a while , and when price is back where it all started then we reset our timers for the x100 or x1000 target gains which are the usual targets for altcoins.

Hobo66

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Yes investing in altcoin for the long term is a wise decision. You are aware that cryptocurrency is fraught with dangers, so a long term investment can outweigh the risk of losing money. Altcoins can be used to make long term investments. Since there were so many people that invested in altcoins a short time ago. They are presently profitable because there price has risen especially in recent years.

Mpamaegbu

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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?

Everything in investment comes with risk, including Bitcoin. The only difference is that a lot of people have come to trust Bitcoin more than alts. It's not as if Bitcoin hasn't wiped some people's investments off by way of liquidation when it dips (which is often very volatile) but it's because diamond hands have refused to go away. These hands have continued to hodl and support Bitcoin through thick and thin. Nevertheless, there are alts also which have stood the test of time like Bitcoin and have been doing well on long term investment. ETH, BNB, Solana (just to mention but three) are worthy examples of alts on long term doing fantastically well in the market. The caveat for every investor should be to DYOR before going in, whether for a short or long term.

Hobo66

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Actually cryptocurrency is unpredictable. There is no assurance of obtaining benefit or loss of money. I think that it is related with the type of altcoin. Some time you invest for long term but the price just go higher in few days. Then it depends on you whether you are selling that altcoin or keep it for longer time of period. But there is no guarantee that the price will go higher more than this in next days. The altcoin for long term investment is Ethereum. It is consider as really good for long term investment.

darmin

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Investment in the long term can minimize the risk of loss. At least just need to hold back and not panic too much to sell as in daily trading. Especially if the altcoin chosen has a good team and project for the crypto industry. Of course, this will be a profitable altcoin for long-term investment. Ethereum, Cardano, BNB could be reasonable options to have.

shawon01

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I think the alert coin is not acting and reasonable for a long time. It's probably not a project because it doesn't last as long as we expect it to.
The qualification of alotcoin at which a good project will be cut for you and kept for a long time now I own a bald area in an effective area and did not disappoint me

Donald@_

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it depend on which coin you invest

BuNga_cute

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Quote from: MarjorieZimmermanGinger on November 07, 2021, 12:35:27 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?

There are several altcoins that can be used as long-term investments, not all of them have a big risk if we invest, for example Ethereum and Binance, these two coins are still categorized as altcoins, but actually these coins look quite good on the market and the possibility of long-term investment is also suitable for both coins, now both coins have reached their perfect value and trend in the market.

Bitcoin does make the most sense for a long term investment, so it is not surprising that many institutions finally decide to invest in Bitcoin
in the long term. While altcoins can be said to be risky, because most of the altcoins in circulation are just copycats from previous projects,
so a lot of altcoins in circulation become shitcoins in the end. Caution should be taken when choosing altcoins for investment, but that doesn't
mean there aren't good altcoins for long-term investments. Usually top altcoins make more sense for long term investments, because top altcoins
have strong fundamentals, that makes coins which are included in the top altcoins in popularity and demand continue to rise. That's what makes
the price of top altcoins continue to rise following the price of Bitcoin. I agree that ETH and BNB are top altcoins which are very worthy for
long term investment, we can see the performance of ETH and BNB this year shows a continuous increase. So many big investors finally decided
to invest in ETH and BNB in the long term.

LUCKMCFLY

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Quote from: SUPERSAIAN on November 07, 2021, 12:38:04 PM

No one can advise this. It is impossible to find the peak to get as cheap as it is the best. It is best to make a sales strategy. So you sell profit at certain pricing. Sometimes it is the highest level of the coin, but you do not realize it and you do not sell it, you can wait for years like this, think about it so that it comes to the same price.

In this statement you are absolutely right, because people quickly look for an opinion that can make them go out quickly to make a bet, but to recommend a long-term altcon is difficult, at least I am looking for a good looking altcoin, in the future but with the following criteria:

1.This one in CMC.
2.-Have a history, at least 2 or 3 years old, this so as not to fall for cheap scams.
3.-If it is listed in the first 10 of CMC better.
4.-That it has gone through at least 1 respectable market scheme, as a stage of accumulation and distribution.
With these criteria I only apply Wyckoff's theory to be able to analyze the market and voila, I decide if it is worth it or not.

SUPERSAIAN

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No one can advise this. It is impossible to find the peak to get as cheap as it is the best. It is best to make a sales strategy. So you sell profit at certain pricing. Sometimes it is the highest level of the coin, but you do not realize it and you do not sell it, you can wait for years like this, think about it so that it comes to the same price.

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