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Topic: How reasonable is the long-term investment in Altcoins? - page 15. (Read 2410 times)

sr. member
Activity: 994
Merit: 441
If you want to invest Altcoins in the long run then your decision is very good. Because there are some coins that are pumping a lot after a very long day. So I would say it is better if you have to invest You will invest for a long time by looking at coins. If you can invest for a long time, you can get a lot of profit.
member
Activity: 728
Merit: 12
Altcoins can be long-term investments, but I recommend choosing altcoins that often trend and perform well, maybe like ETH and BNB. This is to prevent bad things from happening such as being deceived by shitcoins and others. For some other altcoins, I think for short term investment, this will certainly benefit you in the near future and you don't have to wait too long. Especially for those of you who suddenly need money this impromptu can actually help you.
member
Activity: 924
Merit: 18
https://imgur.com/yw8HFn9
Do you agree with me?
Agree with you. Because Altcoin is very good for short-term trading. But if you hold on for a long time, you can lose the key part.
hero member
Activity: 2926
Merit: 636
Neither bitcoin nor altcoins, but the fact is, this crypto industry is a risky & full of big games. If you can play it wisely than your dream will come true otherwise you might be lose everything. Btc can take you from $20k to $3k & altcoins like shiba can give you from $17 to around $8 million of dollar which is incredible. See the top100 currencies with billions of market cap, that was impossible if people think your idea as reasonable
It's safe to say that the success of altcoins is solely dependent on the success of bitcoin, if we will see bitcoin grow in the long run, then we can expect that the interest of the investors in altcoins will also grow.

Take this year, for example, thus far I can say that we have a bullish year, and because of that altcoins are also bullish, some even have a bigger increase compared to bitcoin. In the end, ask yourself if how long is your long-term investment because the future is always uncertain whatever altcoins you are holding.
full member
Activity: 799
Merit: 100
SOL.BIOKRIPT.COM
Neither bitcoin nor altcoins, but the fact is, this crypto industry is a risky & full of big games. If you can play it wisely than your dream will come true otherwise you might be lose everything. Btc can take you from $20k to $3k & altcoins like shiba can give you from $17 to around $8 million of dollar which is incredible. See the top100 currencies with billions of market cap, that was impossible if people think your idea as reasonable
newbie
Activity: 42
Merit: 0
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 a lot of altcoins are filling in the gaps that BTC can't do. ETH is the best, and oldest, example of that.
A lot of the alt coins I look at, I am looking at the tech. I also really love ones that I can stake. DIVI is a prime example of a coin that I am slowing DCA into. I love the core team, the tech and how they are trying to bring crypto to everyone. Not to mention how you can easily setup staking or a master node in few clicks in the mobile wallet. Easy passive income.

Yes i do know right? Many altcoins are really great, one of them that i trust is DIVI. We can stake DIVI too and get passive income daily if we still cannot provide and join to run nodes because it need so many amount of that. Really great that DIVI has the easiest masternode setup by far. Just a few click and its earning you crypto almost immediately. and no need to leave computer on, that's why i mean i love DIVI. Still early too for you guys to join, but pls do own research first for your safety and more learnings about crypto. It's not financial advice anyway, thank you have a nice day
legendary
Activity: 1722
Merit: 1014
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 suggest you to divide all altcoins into 3 different groups:
- fundamental and log-term coins - the ones you should hold and accumulate
- middle-risk coins - the ones that looks interesting and promising but you are not sure if they can survive 2 nearest years
- hype-coins - these are to be sold as soon as they make some good growth - and you won't invest more than 5% of your portfolio

Long-term investing is for the first group obviously. Maybe some coins from the second group can enter this category too.
hero member
Activity: 2954
Merit: 605
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?
One straight answer for you, invest those potential altcoins like ETH for this sake and it comes reasonably.
But if you were stupid enough to invest those shitcoins, no market volume, not listed to know exchanges (like Binance), I don't know where it goes. It is probably your investment will fail.
It really matters to have a good choice of investment, not just because someone had promoted and used his name to influence us but instead, it rather has to look at the capabilities of the project.
hero member
Activity: 2408
Merit: 584
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?
In a way, you’re right about that, because only a few of these altcoins that I have seen have been able to maintain their slow and steady increase over the years. But the majority of them are just not worth it if you’re talking about holding them for a long term. There are times they would pump heavily within a short time frame and after that they would go back to their early price before the price pump started.

This is usually how it is for most of them, so if you’re going to be investing long term you should look for those ones that have the tendency to keep on increasing in value over years, like Ethereum is one altcoin that has been maintaining its increase over the years, then another one I think is worth investing for a long term is Binance coin, it is just like Ethereum.
full member
Activity: 1258
Merit: 104
If you are looking for a dark horse, then definitely my choice falls on such a project as YAY Games. It seems to me that it is extremely important to have such a project during globalization. People don’t realize their potential, the roadmap looks insane.
If the project roadmap looks crazy, then the people who follow it are also crazy, because to me the project does not look like a dark horse, but rather looks like a project that is completely unknown to many people at this time even though you see it as a dark horse
newbie
Activity: 20
Merit: 0
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 a lot of altcoins are filling in the gaps that BTC can't do. ETH is the best, and oldest, example of that.
A lot of the alt coins I look at, I am looking at the tech. I also really love ones that I can stake. DIVI is a prime example of a coin that I am slowing DCA into. I love the core team, the tech and how they are trying to bring crypto to everyone. Not to mention how you can easily setup staking or a master node in few clicks in the mobile wallet. Easy passive income.

The main goal of Divi is to make crypto easy. Starting with their easy wallet, where you can send to your friends by simply tapping their username. No more confusing addresses!

I think you are dead on. DIVI helps new investors with get over some of the hardest hurdles with Crypto. Using the DIVI wallet contacts to send and receive any crypto the support (DIVI, ETH, BTC and LTC at the moment) makes it way less likely you will send it to the wrong person. All you need to do is choose the contact. Also, who does like passive income? Setting up DIVI staking vault is by far the one of the easiest cryptos I have staked so far.

Divi is such an amazing project. It provides simple and secure financial services to everyone, no matter where you are in the world. Which is awesome cause makes an easy experience to new users.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
I agree. Another point is, it depends on what altcoin it is. If it's Ethereum then you best hold it too just like Bitcoin. Profits in that currency are also in the future and this value could just be a chip of what's really coming when Ethereum 2.0 is done.
Now, for other altcoins, it would best suit to just buy and sell it. Don't fall in love with whatever sweet words they are telling in their medium or telegram groups. Keep on sucking all the profits as fast as possible and as long as you see a chance to do so.
newbie
Activity: 42
Merit: 0
Altcoins are a great option for crypto long-term investments. If you don't agree, then you probably don't know the rule "never put your money in something without knowing where it is going".Legit altcoins projects often have a roadmap to show investors that they’re in it for the long run. Most have long-term goals that will eventually take their crypto and vision to the moon. In turn, investors should also know that they should also be willing to strap in for the long term.
newbie
Activity: 4
Merit: 0
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 a lot of altcoins are filling in the gaps that BTC can't do. ETH is the best, and oldest, example of that.
A lot of the alt coins I look at, I am looking at the tech. I also really love ones that I can stake. DIVI is a prime example of a coin that I am slowing DCA into. I love the core team, the tech and how they are trying to bring crypto to everyone. Not to mention how you can easily setup staking or a master node in few clicks in the mobile wallet. Easy passive income.

The main goal of Divi is to make crypto easy. Starting with their easy wallet, where you can send to your friends by simply tapping their username. No more confusing addresses!

I think you are dead on. DIVI helps new investors with get over some of the hardest hurdles with Crypto. Using the DIVI wallet contacts to send and receive any crypto the support (DIVI, ETH, BTC and LTC at the moment) makes it way less likely you will send it to the wrong person. All you need to do is choose the contact. Also, who does like passive income? Setting up DIVI staking vault is by far the one of the easiest cryptos I have staked so far.
agree it is the best option DIVI
hero member
Activity: 3052
Merit: 606
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?

Actually, all altcoins has risk once you decide to invest or buy it. There is no such things here where you can trade that has no risk of course not!
And yes, I agreed that day trading is much more profitable compared to long term holdings although, you need to spend time to wait on it before you can have the high rewards to your holdings anyway.
And i believe that most of the altcoins are just only profitable for short term holding. But if you are investing in those top ten in CMC, you can be more confident that they are good for long term holding. As long as you are keeping those coins with good projects and have high potentials to be worth something more in the future, then keeping them for long term is worth the risk.

However, if you are investing from those low potential altcoins, expect that their prices will just easily pump and dump. So be more careful with them as you can end up in losing your capital if you are not cautious enough.
full member
Activity: 1190
Merit: 111
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?

Actually, all altcoins has risk once you decide to invest or buy it. There is no such things here where you can trade that has no risk of course not!
And yes, I agreed that day trading is much more profitable compared to long term holdings although, you need to spend time to wait on it before you can have the high rewards to your holdings anyway.
sr. member
Activity: 1540
Merit: 264
Next Generation Web3 Casino
Long term investment in bitcoin is worthy but long term investment in altcoins is risky.  Because it is not possible to say when the price of an Altcoin will go up. For example, at the time of the 2017 bullrun, Litecoin was ranked 3 coin and its price was up $300.  But during this bullrun, the price of Litecoin has crossed $200 for a short time. But other altcoins like BNB, ADA, DOT, LINK have much higher growth.
sr. member
Activity: 1876
Merit: 318
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 for long term is as reasonable as investing in Bitcoin. But you just have to make sure you invest of coins that are well known, being actively developed, has good use cases and solves current issues that other crypto currencies face. Like Ethereum and Solana are good altcoins that you can hold for long term. As long as you aren't investing in shitcoins, you will be fine. And make sure to do your own research before you invest in any coins.

Not all altcoins are bad for long term investment, there are some altcoins that I think are worth for long term investment. Although the number of
altcoins that reasonable for long term investments is not much, that's the importance of doing research and analysis before we decide to invest.
So that we do not choose the wrong projects, so my advice stop choosing projects based on other people's opinions, because other people's opinions
don't guarantee 100% accuracy. The investment should not only be in Bitcoin, it will be more profitable if we invest in several coins. Therefore
there is nothing wrong with investing in altcoins in the long term, but choose one that has real potential.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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 for long term is as reasonable as investing in Bitcoin. But you just have to make sure you invest of coins that are well known, being actively developed, has good use cases and solves current issues that other crypto currencies face. Like Ethereum and Solana are good altcoins that you can hold for long term. As long as you aren't investing in shitcoins, you will be fine. And make sure to do your own research before you invest in any coins.
hero member
Activity: 3080
Merit: 603
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?
They're full of risk and that's true. I agree to you and there are only a few altcoins that I'm considering long term. One is Ethereum and that's the one altcoin that I have on my stash.
It's very likely that everyone should hold it so that you'll be able to adopt the updates that are about to happen for it. You don't wholly invest that you have in many altcoins, full diversification isn't recommended if your goal is long term.
Agree, many alts have to stay in the market longer with a lot of updates, increments to be seen as truly a long term investment. Because when it has come to that point, even if they have risks, their risk is lower and the coin won't be gone in a short amount of time.
Yes, those that are reputable only has come with low risk because if you're with those new projects that are still unknown, they're giving you that much risk that you can't take.
They're viable in the long term if they're reputable already while the other projects that are not yet proven, they're the ones that has to strive to get known and continue with what they've started to become known.
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