How reasonable is the long-term investment in Altcoins? - page 12.

MarjorieZimmermanGinger

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Quote from: tokyohd on October 19, 2021, 01:43:29 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.

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For me, the long-term investment of ALTCOINS is reasonable, if and only if I have confirmation that BTC is in a bullish trend and that a correction does not occur that brings the price of BTC to the levels of the accumulation or Re-Accumulation stage, because Only then is it quite profitable to buy and be in LONG in each Pair / BTC, That is the only justification I have to be in the long term in the altcoins, this learning I obtained in 2017 when BTC for the first time reached $ 20k, which which, everything was very fast, the whole market is green.

khiholangkang

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Quote from: tokyohd on October 19, 2021, 01:43:29 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 for the long term look for an altcoin whose platform will be widely used in the future, don't choose an altcoin that goes up just because the hype is certainly very high risk.
An example of an altcoin whose platform will be widely used is BNB.
Binance is the largest crypto exchange in the world, of course the more advanced the crypto world, the bigger Binance will be.

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Quote from: Rufsilf on November 07, 2021, 10:50:30 AM

Nope, it really depends on you which altcoin do you have in your portfolio or hold, both long-term and short-term investment has it's own risk so it has to be dependent on how you handle your coins. Neither of the coins have the most risk because all of the cryptocurrencies have tailed with extreme volatility that's why we can't really know when we can make profit or gain, it is just a matter of research and study to forecast what would likely to happen in the future but as I said it's not like you can predict it 100%

Currently, I'm holding ethereum, solana and cardano because they're the most likely to give me competitive returns than the other altcoins. I keep myself from having 5 or more coins to avoid losses, this way I can give much attention to my coins (4max).

Agreed, There are many popular altcoins that have remained unchanged even during this bullish time of Bitcoin.
Where Bitcoin has broken its previous ATH on several rounds, coins like BCH/NEO are far from their previous ATH, they are more dumping now.
Some altcoins like Ethereum, BNB have strong support teams that's why they are being pumped along with Bitcoin. So while holding altcoin you have to be very careful to pick the right coins.

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Quote from: tokyohd on October 19, 2021, 01:43:29 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?

Nope, it really depends on you which altcoin do you have in your portfolio or hold, both long-term and short-term investment has it's own risk so it has to be dependent on how you handle your coins. Neither of the coins have the most risk because all of the cryptocurrencies have tailed with extreme volatility that's why we can't really know when we can make profit or gain, it is just a matter of research and study to forecast what would likely to happen in the future but as I said it's not like you can predict it 100%

Currently, I'm holding ethereum, solana and cardano because they're the most likely to give me competitive returns than the other altcoins. I keep myself from having 5 or more coins to avoid losses, this way I can give much attention to my coins (4max).

2double0

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Quote from: tokyohd on October 19, 2021, 01:43:29 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?

While there were altcoins that stayed, lots of them went missing with time. Long term investment in altcoin is much better if that coin remains on exchanges and does not get delisted eventually, nor its price should go down so fast that investors panic sell it, else all your hodling period will be wasted. Keeping an altcoin which comes in top 50, and for much better and secured investment, top 10 must be hodl. All of them have a better chance at keeping up the price static and not to get delisted.

Ozero

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Quote from: tokyohd on October 19, 2021, 01:43:29 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 don’t think it’s worth agreeing with that. There are over 13,600 altcoins on this market. Among them there are quite promising ones, with excellent technology and functional characteristics, and a significant number of them have already outstripped Bitcoin in this regard. They are very useful and easy to use and therefore I do not see why one should be afraid to invest in them for the long term. Altcoins are developing rapidly and it is necessary to track them so that they do not become obsolete and that their teams do not commit irreparable stupidity.

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If you invest in top altcoins like ETH, BNB then I think it's worthy. Because these altcoins are very trusted. However, it is better not to invest in new Altcoin for long term. Because it is very risky. However, you can invest for short term. During the current bullrun, it would be wise not to invest in a Altcoin for long term. Because winter season is always very long.

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Quote from: tokyohd on October 19, 2021, 01:43:29 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?

Any of them can work, it's just all about you planning yourself strategically and investing at the right time in a particular coin. If you’re able to invest in a coin at the right time and your analysis is predicting that there’s more of an increase coming, then it wouldn’t be bad to keep holding that coin till you have made enough profit from it.

There are still altcoins that are worth investing for a long term and some of them are ethereum, Polygon, and I think solana will be worth it as well. Most of the coins that correlates with Bitcoin have a better opportunity of increasing on a long term . And moreover, if you plan on investing on a short term, you might as well miss it and end up investing at a time when the coin is about to crash. That’s part of the risks you always have to take in the cryptocurrency market.

Amboss9091

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We have been looking at the crypto industry for a long time. It all started with Bitcoin. People benefited from Bitcoin. ALTCOIN was born out of the benefits of Bitcoin. I think if we want to make a long term investment in altcoin we need to know its background. Investors have experienced areas of investment. It is said that altcoin can be a good medium for long term investment in cryptocurrency. In my opinion, it can be a good benefit in the long run. Given today's situation it is possible to participate in altcoin with small investment. But Not Possible To Buy Bitcoin In Very Small Amount .I agree with that.

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I think crypto is a way that can allow us to change the future, there are many opportunities for coins that can skyrocket up to 100x and this is a profit that we can only get by investing in crypto, for example, in 2015 I had more than 1600 ETH that I made from faucets, giveaways and buy, unfortunately I sold them all for less than $3, if I hold on till now then I can retire from office work.

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Quote from: tokyohd on October 19, 2021, 01:43:29 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?

A direct answer to your question from my own opinion is that Altcoins are generally short term projects, why would one consider hodling a pump and dump coin for a long period when they can take ROI when it presents itself, if you're an altcoin investor, then you'd most prolly be a short term investor, you put your money in one altcoin, when/if it brings returns you sell off and move over to the next one, with altcoins you're always quick to sell off so it doesn't dump on you. Having said that though, Ethereum is a somewhat different altcoin in my opinion, their ecosystem is growing pretty fast and it's turning into a worthy long term investment just like Bitcoin.

Teknisi88

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Many investors are starting to switch from the funds they have to Bitcoin instruments because of the clear profit offer and transparent process of transactions and price movements. As a limited asset and should not be printed arbitrarily, speculatively it is clearly needed in the long run.
Now many institutional investors are also starting to withdraw their funds to invest in Bitcoin.

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Quote from: noah tall on November 06, 2021, 01:55:48 AM

In the crypto market if want to earn by long term investment than you should to get 100% real signle about it. Because it the crypto we cant say about the movement up or down in the next minute. So be careful. And we didn't long term investment for gaining profit. But we do it is when we want to save it ... So we do in the stable coins..

A long-term investment is very risky. but keeping stable coins for the long term won't do you anything.
if it gets and holds a potential altcoin, I guess there is no doubt to see it future with upside. we are too afraid to hold long-term assets because we focus on short-term markets.
after buying long-term assets, then forget about the market and focus on another trading. remain consistent with the original plan. then you will win them all.

noah tall

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In the crypto market if want to earn by long term investment than you should to get 100% real signle about it. Because it the crypto we cant say about the movement up or down in the next minute. So be careful. And we didn't long term investment for gaining profit. But we do it is when we want to save it ... So we do in the stable coins..

kanayaTabitha

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Quote from: 19Nov16 on November 06, 2021, 01:28:51 AM

The reason I hold altcoins for the long term is because I hope to get a big profit of 100x even 1000x, now I invest a lot of new altcoins even though it's only $10 to $25, after that I will hold it for a long time and usually 2 things will happen, namely skyrocket or die, and this technique has made my bankroll grow more than 80x from my initial investment of just $150 last year.

Doing long term investment is not worth if you are hoping 100x - 1000x returns. Long time investment is just to secure our money is not getting down the value affected by inflation in the future and maybe the coins that worth long time holding will not make that much return in the future.
Coins that doing 100-1000x is only hype coins which many whales wants to pump it, so speculating on new projects is the only way to get that much return imo.

19Nov16

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The reason I hold altcoins for the long term is because I hope to get a big profit of 100x even 1000x, now I invest a lot of new altcoins even though it's only $10 to $25, after that I will hold it for a long time and usually 2 things will happen, namely skyrocket or die, and this technique has made my bankroll grow more than 80x from my initial investment of just $150 last year.

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Quote from: tokyohd on October 19, 2021, 01:43:29 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?

It depends, if you want to keep altcoins for long term make sure you buy then in bear market that's when youve lose 70-90% of their value already, holding them from here can take you three years for another bull market to come, and if you are already holding now Its better to sell once they go higher before bear market starts

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Quote from: nurulhmani1280wat on November 05, 2021, 07:52:42 PM

Quote from: tokyohd on October 19, 2021, 01:43:29 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?

that according to which alcoin we should invest, because many alcoins in the crypto market do not necessarily get a satisfactory income, but alcoins that produce in a short time the risk is very high like you said

we are in the market with complete control.
here we are free to do whatever regardless of risk and profit that is something that each investor must decide.
do they want to play it safe by buying coins that are already in a safe view for the long term such as eth and other fundamental coins.
or they want to get instant profit by adopting coin meme and join fomo but the risk is bigger than the first one. this is each individual's personal choice.

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Quote from: tokyohd on October 19, 2021, 01:43:29 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?

that according to which alcoin we should invest, because many alcoins in the crypto market do not necessarily get a satisfactory income, but alcoins that produce in a short time the risk is very high like you said

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