How reasonable is the long-term investment in Altcoins? - page 17.

catblue

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Quote from: CryptoG99 on October 20, 2021, 10:31:30 AM

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 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.

I totally agree with what you say about DIVI being the easiest way to earn passive income with its staking or masternode.

DarkDays

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I think all it takes is a close look at ETH to determine if long-term in alts is a reasonable investment or not.

When picking the strong alts, when the main BTC market moves so will the strong ones eventually. It takes some time to get used to the pattern but never invest more than you're comfortable with losing.

Altcoins is what have made the lives of many people, the real question is which are these next alts to pop, and so that's the $1M dollar question...

elvism82

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I invest in Divi, and I do Hodl, without fear, I am patient and I trust my currency because I know that soon they will give me what I have waited for ... a great reward @Diviproject, has given me a very successful solution, by having passive income through their Masternodes with profits of 20% I am on my way to my dream of financial freedom.

wiss19

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

I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

Yes you are right; altcoins are not good for long term holding. Some altcoins like ethereum and BNB might be getting you profits if you hold them for years but in general, most of the altcoins are losing its value over the time at least in terms of BTC value. If you consider USD values then some altcoins might be getting you profits, but like many people here I like to calculate my profits and losses only in BTC levels and not in USD or any other fiats wise.

So, overall altcoins are good only for short-term investment and some coins may get you profits in long-term holding but for the search of one or two good coins, we cannot risk on hundreds of altcoins.

kang_kung

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Some altcoins can be held for the long term but the majority of altcoins should only be treated as short term though. I don't know since people have seen many altcoins being so high compare to themselves a few years ago and must think we have to hold altcoins as a long-term investment but not many altcoins able to hit that big.

kenan000

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Preferably with #divi and your new wallet you can rest easy, divi wallet has positioned itself at a very high level. Everyone is already talking about the project, do not stay behind.

CryptoG99

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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 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.

glendall

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there are many altcoins that can be used as long-term investments in my opinion, if we can see opportunities, basically all forms of investment have risks but for crypto it is much higher risk because the market is unstable so no one controls it.
it's true that altcoins are good for the short term because there are many new coins that can provide big profits if they are right we are choice

mafoja1

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I don't think there is a reason why investing in the market right now is because the market projection is a little better now so I think it would be better to invest now

Slon55koz

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Quote from: trauchot on October 20, 2021, 04:12:40 AM

Investing for a long term in top altcoins is a great option, because look by yourself to what price, for example, Ethereum has grown for the whole time, also there are a lot of top altcoins like Ethereum that have grown in price over several years and brought investors a huge profit, so investing for a long term in altcoins is a great option for getting a huge profit in the future, you just need to understand in which altcoins is the best to invest and for how long, and there are a lot of such altcoins, the same Ethereum, also BNB, Polkadot or Solana, so I invest very often for a long term in top altcoins for better profit, and in general, the cryptocurrency market has been growing very rapidly recently, so another pump of altcoins is expected soon.

Ethereum is the altcoin that many people trust. Recently, it has shown a very large growth and therefore I have no doubt that in the future it will show records in price. Investing in this coin is a very promising solution that will lead the investor to huge profits in the future. But you need to understand that investing for a long time requires investing free money.

trauchot

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Investing for a long term in top altcoins is a great option, because look by yourself to what price, for example, Ethereum has grown for the whole time, also there are a lot of top altcoins like Ethereum that have grown in price over several years and brought investors a huge profit, so investing for a long term in altcoins is a great option for getting a huge profit in the future, you just need to understand in which altcoins is the best to invest and for how long, and there are a lot of such altcoins, the same Ethereum, also BNB, Polkadot or Solana, so I invest very often for a long term in top altcoins for better profit, and in general, the cryptocurrency market has been growing very rapidly recently, so another pump of altcoins is expected soon.

dezoel

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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?

Yes, you’re right about that in some ways, because that’s how it works for most of the altcoins in the market, if you check the chart you will see that there are a lot of them that have had a huge increase in price only once in their history, and mainly when they were launched earlier, and after that they get dumped and never get pass half of that level any more.

But, it is not all of them that are like that, there are also good altcoins that are worth investing in for a long term. Ethereum is one altcoin that has been growing just like Bitcoin has been growing every year. Apart from Ethereum there are also the other ones and if you take your time you’re going to find them.

xmonkeyx

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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?

depending on the chosen Altcoin if the chosen is a popular Altcoin such as ETH, BNB or the like which is at the top on Coinmarketcap I think the same and Bitcoin has good prospects for long-term investment even at a much cheaper price than Bitcoin can reap huge profits bigger.
to increase the risk is also very commensurate with what will be obtained. unless you choose Altcoin Meme which has a very high level of risk if it is a long term investment.

bakasabo

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I would call a long term investment in alts very dangerous. After looking on how many projects appear, how many of them died, how few of them keep doing roadmap promises, and seeing how slowly alts update their ATH and gain positions in top, I would better stay with Bitcoin.

By looking on todays first page on coinmarketcap, I cant find anything where I would put my money in and just wait calmly. I would worry about every single major price drop, and pray for an alt to release something and community would really take it enthusiastically, so that price would jump. No like "team worked months 24/7, not some innovation is released" - and crypto community like "ok... +1% that day instead of +0.5%".

RussianEnglishTranslation

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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?

The returns in yield farms like spookyswap and Ref Finance are often over 150%, plus altcoins have lower market caps than Bitcoin and are easier to 10x. You aren't going to get rich investing a couple bucks in Bitcoin, but you could if you invest in the right altcoin.

btc78

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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?

Only few altcoin is best for long term investment because most of the coins aside from Bitcoin are just manipulated or no value at all for future.

meaning many of those are just created for scamming and no plans for long term as what Investors wanna see.

But coins like ranked such as Ethereum , Binance , Ripple or even USDT if you wanna keep safe but not those SHit coin that no plans at all.

Quote from: Cafex on October 19, 2021, 04:39:14 PM

It is very reasonable as long as you make the right choices. Of course, you can give shitcoins a chance also but you shouldn't have so big expectations about them.

try Shitcoin but never Put your funds for Long term , because in the end you will be a loser.

though Look at Shibs and Dogecoin in which labelled as Shitcoin but made a great pump earlier this year and one is still pumping now.

yazher

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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?

Depends on what altcoins are you talking about because there is risk everywhere you go and you only lower the chance of losing your capital when you don't rush everything and prefer to make research of every altcoin you are about to invest. If you don't take any necessary moves before investing, you are just increasing your chance to lose your investment since altcoins are prone to lose their price whenever the updates of their companies are not capable of stabling the price again.

TheUltraElite

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So anyway, I applied as a merit source :)

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?

It will depend on the altcoin in question, speaking in general they are not profitable in the long run. This is evidenced by the last few years charts were you can see that the price of most altcoins is way below the issuing price if they came from ICOs.

Why I say specific altcoin, because top 5 altcoins are going to perform well in the long run or at least mid-term.

Quote

I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

Risks are there in every speculative asset. But as a thumb rule, shitcoins are better traded in short term. There is no long term value in them. But there might be long term value in the top altcoins.

This is where one would need to take a risk and do some research.

michellee

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Yes, long-term investment in altcoin will be full of risks as the altcoin can drop deeper when the bitcoin price crashes. Bitcoin can back to the high price, but the altcoin is hard to back to increase, although some altcoin can do that, coins need a long time to recover. But if you can get the lowest price of the altcoin, you can hold it for the long term but we do not know how high the altcoin price will increase in the future. Maybe you need to search for the altcoin that has the potential to increase and try to buy at the lowest price so you will not have to worry.

Sanitough

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Quote from: bct-user on October 19, 2021, 05:39:34 PM

As long as choosing top altcoins, the risk of holding Bitcoin and altcoins for the long term is almost the same, not really different. So, don't worry if you want to hold top altcoins such as Ethereum, BNB coin, Stellar, Tron, Cardano, Polygon, or Theta. What you must do is to always keep attention on their social media or telegram groups. You need to check regularly how the project development and the price movement.

Yes. The risks are just the same. But if you are investing into altcoins that surges only when hyped, then those are good only for short term. Once you see the price is already good for selling and you'll eventually make profits from it, then sell them. Do not wait for another price increase because for sure the next thing will happen will only make you lose. Prices will dump eventually. But if you are holding potential altcoins, then you should not worry even if how many times price correction happens, they will always bound to recover just like bitcoin do.

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