How reasonable is the long-term investment in Altcoins? - page 13.

TelolettOm

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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?

Not all altcoins are worthy of a long-term investment. Some may be legit but some may be shitcoins or dead coins after several years or even only months.
So, it depends on altcoin itself.
Some altcoins that have real use cases and good teams and fundamentals must be more suitable for the long term. But of course, we need to be and more careful in choosing altcoins. And new coins rising up with hype is not a good choice for long-term investment,t his is in my opinion because they commonly have higher risks.
However, if we are talking about top altcoins like ETH and BNB, they are worth it in the long term. They prove it so far.

Theones

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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?

Investing in altcoins will always be risky, whether it's a short term or a long term investment.
The only thing that can reduce this risk is your good analysis of the project and its dev team.
When it comes to whether to invest in altcoins on a short-term or long-term basis, in my opinion it all depends on the roadmap of the project.

letyouearn

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I would suggest to divide all the altcoins you are watching into 3 basic categories:
- Fundamental and strong (x2-x5 potential profit) - they will hardly disappear in the nearest years.
- Medium (x5-x10) - 30-60% of these projects will die quite soon, after the next big rally.
- Risky (more than x10 potentially) - enter, get your profit and quit fast without any doubts.

whiteblue

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Quote from: Iminingpro on November 04, 2021, 05:11:30 PM

Ethereum blockchain is very popular and most tokens use Ethereum blockhain. That is why many projects try to connect Ethereum blockchain with other blockhains.

Its popularity has only been in the past, while at this time many new projects only use the BSC or Polygon network to build their tokens and old coins that have used the Ethereum network have also started using several other networks such as BSC, Polygon and others.

Iminingpro

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Quote from: purka5 on November 02, 2021, 02:28:19 PM

It is very important to evaluate how useful will be the coin in future and what benefits it offers. Now there is more demand in unification. Here is more information to check - https://pacificdefi.medium.com/pacific-defi-listing-on-pancakeswap-wednesday-september-17th-4pm-utc-8b95f42825fe

Now many cryptocurrency projects try to connect Ethereum blockchain with other blockchains and unify all blockchains.
They offer their solutions to this problem.

Ethereum blockchain is very popular and most tokens use Ethereum blockhain. That is why many projects try to connect Ethereum blockchain with other blockhains.

perfect999

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Quote from: nekorakoeora on November 03, 2021, 10:30:02 AM

The risk will always be in the investment. Whether it's long or short term. But for long-term purposes cryptocurrencies are right to be an option because the risk is slightly smaller but time is uncertain. I even lost a few years in its improvement until cryptocurrencies could be this big now. There is still a lot of time and better development in the future in this crypto world and of course will support its value also continues to rise.

This is fact mostly we have risk factor in both way long or short because investment is all about risk, specially in cryptocurrency risk factor is some high because of unpredictable nature of crypto. Recently we have some good number of scam projects which are coming very quickly with some meme coins without any use case because scammers feeling currently this trend is working in better way, so they are keep pumping and having some good profit if someone wants to invest then surely he needs to have some better search and work out in project before investment.

Investing in meme coins are very risky as they can disappear any time with investors funds which will never been recoverable on any forum even it is for very short time invested.

nekorakoeora

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The risk will always be in the investment. Whether it's long or short term. But for long-term purposes cryptocurrencies are right to be an option because the risk is slightly smaller but time is uncertain. I even lost a few years in its improvement until cryptocurrencies could be this big now. There is still a lot of time and better development in the future in this crypto world and of course will support its value also continues to rise.

abralzain17

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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?

true, I agree with you that investing in Altcoins will have big risks. If the Altcoin chosen to invest has problems in its development and will be removed from the market, this is the risk of investing in Altcoins.
but we need to note together that not all invested Altcoins have a big risk, Cardano for example. if you invest in cardano in my opinion it is very good and it will reduce your investment risk. there are also other altcoins we need to look at, Ethereum, Bnb, matic, Polkadot and Tko. I think all these altcoins are good and the risk is small

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Quote from: Fatunad on November 01, 2021, 07:54:07 PM

Quote from: Hypnosis00 on November 01, 2021, 07:19:46 PM

Quote from: ?? on ??

for holding it is quite good but there are some things that must be done in the long term and there are some that are not too long,
but it comes back to your choice but I myself for altcoins prefer to buy and sell in the same season and when I get profit I immediately sell my altcoins and look for new ones.
but of course with coins that are already guaranteed and not meme coins

Not all investors were also able to hold long and I can call myself one of them. However, choosing the right coins for the long term is unarguable reasonable because before deciding to take this we know and we trust that these coins will give us the profit that we've expected. It is a matter of being reasonable also on managing our investment, doing the right things (is possible) even if it is either long-term or short-term investment have profitable results and that is really important.

We do have the full control of our investment yet decisions could really be altered along the way and there's no way that you could really able to tell on whats ahead because altcoins could neither not pump or would have those pumps randomly and this is where some people do really look upon on which they do keep holding their coins and checking it out once in a while. Long term investment with altcoins is considerable
but of course you would really be looking into those coins which does actually have the long term potential and finding one is really just like finding a needle on a haystack considering
on how many projects that we do have in the market today.

Yeah, choosing the right coins and those who have been proven for many years being consistent is the best option to take. This is the assurance that we have and we believe that everything will be fine. But when it comes to decision making, that is something that becomes more challenging as it can be affected by our emotions and mindset. And this is the most common reason why we fail to achieve our goal and end up losing our investment. This should have be taken seriously and keep our emotion controlled, otherwise.

purka5

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The reasonable limit is when you already get the target profit that you want to get. That's the limit on investing in the long term. Usually we are stuck with coins that rise too high. So that we forget the reasonable limit that makes us lose when we go back down.

It is very important to evaluate how useful will be the coin in future and what benefits it offers. Now there is more demand in unification. Here is more information to check - https://pacificdefi.medium.com/pacific-defi-listing-on-pancakeswap-wednesday-september-17th-4pm-utc-8b95f42825fe

Sebas.tian

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Quote

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?

Altcoin long term investment is reasonable but bitcoin long term investment is still more reasonable than altcoin investment, since we came out from pandemic. It is not easy to make suitable or reasonable income from altcoin investment because the price of altcoin is not too stable in this season. Altcoin Short or long term investment, it has a lot of strategies you need to make it successful.

JeWay

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Quote from: adamantasaurus on November 01, 2021, 10:09:50 PM

it all depends on the project, what use case there is, partnerships, etc. etc. A few years ago it was a lot easier to tell the long term holds over the shitcoins you just dump. But nowadays there are a lot of good and a lot of decent projects not all will make it. always take profit but if you believe in the project and think it will last through the bear run then leave some on the table no shame in that.

Leaving a few shitcoins on the table also has to risk luck because a desired possibility may not necessarily happen as desired, because what is being held is shitcoins, not coins that actually have potential through their actual use.

Rahman11

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If you are able to give time daily, then intraday can be an option for you. But, if you don't want the stress of monitoring the daily market movements, then go for long-term investing. Many people use both strategies for investing their money.

Dread Pirate Roberts

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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?

Talking about altcoins must specifically what altcoin is meant. if it's a kind of BNB. ETH . SOL or other popular altcoins still make sense for long term hold. but if about shitcoin . memes coin. and planning to hold lonng term coin like this, I don't think it's worth it. So basically it depends on the coin. In fact, there are also many success stories and people who get big profits from accidentally holding altcoins.

adamantasaurus

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it all depends on the project, what use case there is, partnerships, etc. etc. A few years ago it was a lot easier to tell the long term holds over the shitcoins you just dump. But nowadays there are a lot of good and a lot of decent projects not all will make it. always take profit but if you believe in the project and think it will last through the bear run then leave some on the table no shame in that.

Fatunad

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Quote from: Hypnosis00 on November 01, 2021, 07:19:46 PM

Quote from: ?? on ??

for holding it is quite good but there are some things that must be done in the long term and there are some that are not too long,
but it comes back to your choice but I myself for altcoins prefer to buy and sell in the same season and when I get profit I immediately sell my altcoins and look for new ones.
but of course with coins that are already guaranteed and not meme coins

Not all investors were also able to hold long and I can call myself one of them. However, choosing the right coins for the long term is unarguable reasonable because before deciding to take this we know and we trust that these coins will give us the profit that we've expected. It is a matter of being reasonable also on managing our investment, doing the right things (is possible) even if it is either long-term or short-term investment have profitable results and that is really important.

We do have the full control of our investment yet decisions could really be altered along the way and there's no way that you could really able to tell on whats ahead because altcoins could neither not pump or would have those pumps randomly and this is where some people do really look upon on which they do keep holding their coins and checking it out once in a while. Long term investment with altcoins is considerable
but of course you would really be looking into those coins which does actually have the long term potential and finding one is really just like finding a needle on a haystack considering
on how many projects that we do have in the market today.

Hypnosis00

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Quote from: ?? on ??

for holding it is quite good but there are some things that must be done in the long term and there are some that are not too long,
but it comes back to your choice but I myself for altcoins prefer to buy and sell in the same season and when I get profit I immediately sell my altcoins and look for new ones.
but of course with coins that are already guaranteed and not meme coins

Not all investors were also able to hold long and I can call myself one of them. However, choosing the right coins for the long term is unarguable reasonable because before deciding to take this we know and we trust that these coins will give us the profit that we've expected. It is a matter of being reasonable also on managing our investment, doing the right things (is possible) even if it is either long-term or short-term investment have profitable results and that is really important.

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Quote from: takngantuk on November 01, 2021, 04:54:39 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?

no, I don't agree with you. bitcoin is indeed the best crypto investment. but altcoins are not profitable for long term investment is wrong thinking. ethereum, bnb, cardano, polkadot, solana, avalanche, doge and shiba inu are a list of altcoins that have proven that long-term investment in altcoins is just as profitable as bitcoin. all back to the potential of the project, I know not all altcoins can be like the previously mentioned coins. but the opportunity to go rise high is always on the coins that have good quality and real progress in development. so don't think all altcoins are bad and not profitable in the long term.

There are really these altcoins that when hold for long term, their value get even more profitable exactly just like bitcoin. These coins have definitely real use case and that their community keeps growing from time to time so the longer time you tend to hold them, the more valuable their prices become. But these are only few of those altcoins we have in the market, majority are still profitable only for short term. Because altcoins are easily manipulated by big whales in the market or any significant news that can affect their prices. But if they have real use case, even how many price corrections happen, they will always recover same with bitcoin.

takngantuk

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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?

no, I don't agree with you. bitcoin is indeed the best crypto investment. but altcoins are not profitable for long term investment is wrong thinking. ethereum, bnb, cardano, polkadot, solana, avalanche, doge and shiba inu are a list of altcoins that have proven that long-term investment in altcoins is just as profitable as bitcoin. all back to the potential of the project, I know not all altcoins can be like the previously mentioned coins. but the opportunity to go rise high is always on the coins that have good quality and real progress in development. so don't think all altcoins are bad and not profitable in the long term.

perfect999

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Quote from: imamusma on October 28, 2021, 07:19:06 AM

Altcoins that have the potential to stay high and survive are the most successful Altcoins such as Cardano, Solana, Binance coin, and also Ethereum, because they will survive and have potential forever in the crypto space.

We have no guarantee for any altcoin to stay and survive for long time because it's very unpredictable market which can go in any way with no where it's need some good search and better knowledge if you want to invest in this for long term because before investing it is your complete right now have all data about product.

Right now, we have very few projects which are better in use case and have good future in these projects best is Ethereum, Binance, Solana and TRX may be some more are better but as I already mention it's need some more time for having details about them just use your own mind before doing anything is excellent for you and your investment.

Topic: How reasonable is the long-term investment in Altcoins? - page 13. (Read 2410 times)