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Topic: How reasonable is the long-term investment in Altcoins? - page 18. (Read 2439 times)

full member
Activity: 383
Merit: 100
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.
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
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 investment is risky and especially investing in the cryptocurrency market you always have to be ready to risk that at any moment your invested money will be evaporated and you may lose everything. After one night, you should divide your account into many aspects so that you can invest in many places, so you shouldn't focus 100% of your investment on one altcoin.
A little opinion about the individual altcoin should only invest in the short term and if the long term you should choose BTC is always the first choice of investors today although it is also risky, but in terms of risk BTC can % lower than many other atlcoins.
sr. member
Activity: 1036
Merit: 311
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 on the altcoin in question but generally crypto is full risk including Bitcoin due to its fluctuation in price but some crypto are worth more investing in than the others. Some crypto could be left on a long term investment while others could just be a short term investment. But deciding which investment plan to use for each coin depends on your own research and how good the project is alongside it's biggest investors, you could also consider it's ATHs then know how long you would like to hold but in all try eliminating greed
member
Activity: 392
Merit: 10
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. When it comes to long-term investments into altcoins, my "game plan" is like this: I would allocate most of the money for top altcoins like Ethereum as I trust them in the long run and I know the projects very well. And I would allocate some to shitcoins also just to give them a try. Who knows, maybe I can get lucky and make even more profit in them.  Grin
hero member
Activity: 2814
Merit: 526
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We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
If you feel the profit is enough then just sell it, I mean there is no reason to still keep it if you need the money. It just depends on the trader itself.

I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
No, short term investment also has risk too. You need to take care of everything if you want your short term investment going really well things like price movement even on the slightest is really crucial for short-term trader.
Guess what, some of the altcoins have potential if you hold it long enough. For example is SHIBA INU. Yes I know this coin is just a meme but if you had bought it a year ago you would had been a millionaire by this time.
member
Activity: 532
Merit: 25
It depends on what altcoins you decided to invest in. If to invest in Ethereum then 100% long-term investment will bring good profit. If to invest in some other alt from top-50, long-term investment is possible, but it’s better to check them every day, sometimes these coins can suddenly pump or dump. It’s better to put stop-limit orders on them and to trade a bit. However it’s definitely bad idea to make long-term investments in some uncertain alts. They can scam.
full member
Activity: 602
Merit: 102
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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?

Everyone may agree that bitcoin is a long-term investment, but not everyone will agree that altcoins are long-term investments, in altcoins there are many risks that we will encounter, if we make a long-term investment pattern, considering that not all altcoins can thrive in crypto, many altcoins which can not provide a selling value in a certain period of time, so the decision for the long term is not a good strategy.
full member
Activity: 673
Merit: 106
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, Personally, I want to reconcile the altcoin genres that tend to be suitable, something that will take short profits to grow profits in the long run. Most of the top 10 in the market are top quality coins for the long term and also for the short term. However, some new altcoins only have short- or medium-term benefits. I usually take the benefit of IDO to maintain the top coins.
jr. member
Activity: 139
Merit: 6
I think long-term investment in Altcoins is full of risks but short time investment is more profitable.

Depends. 'Altcoins' is a pretty broad term. If it's a centralized project with a million bells and whistles but that can be rugged by the founding team, or shut off liek a switch, you are right, and you should be super wary. But the major alts like xmr, eth, or really any coin that's decentralized as satoshi proposed, and carried by a large community with a stake in success and use case, then the risk is maybe more manageable than btc. ESPECIALLY if you calculate risk only as pure monetary risk/loss, btc has much further to fall. Still, btc's superior adoption ain't for nothin'!
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I think if the chosen altcoin is Ethereum or BNB then it makes sense to be a long-term investment, just look at the price of ETH now compared to 4 or 5 years ago, the price of ETH soared.
Yes, I agree that short-term altcoins are indeed more profitable, but not all altcoins are risky if invested long-term, depending on how big the development of an altcoin project is.

It is not just about dumb buys too though. Ethereum continued developing even after the 2017 crash,,, even after all the ICO scandals and all the gas wars.

BNB will do the same I think but hard to tell if people will keep on coming and using if others come up that are even cheaper and faster (which is the only selling point for BSC).
legendary
Activity: 2338
Merit: 1124
My personal opinion is, you should take altcoin investments by their name: as an alternative long-term investment that you shouldn't 100% rely on.
I would say that altcoins are not doing that bad against bitcoin in the long run, but these are just a few of them, like maybe 20 coins/tokens that will do better against bitcoin in the long run. The reason for that is the fact that bitcoin reached 1+ trillion dollar marketcap and we are expecting it to make higher returns, it will not be 2x anytime soon, but a coin that is like 20 million dollar cap reaching 40 million dollars is not really that hard.

This is why I believe that the altcoin world has a better chance to make you a lot more profit, it is not a short term deal because there are a lot of horrible ones but if you could find the good ones then you could make a good return.
full member
Activity: 547
Merit: 110
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 agree with you. maybe you should look for more information and references about altcoins.
Not all altcoins are full of risk and are only good for short-term investments. you can
investing in altcoins in the long term is the same as investing in btc long term.
can you imagine if you only invest in btc while altcoins are competing to develop their projects for the better and
their prices also go up considerably when invested long term.
examples of altcoins that are increasing in long-term investments
1.ETH
2.BNB
3.Cardano
4.solana
5.xrp and many other good altcoins to invest for the long term as their projects keep getting better and better.
member
Activity: 181
Merit: 14
$CYBERCASH METAVERSE
The only coin that I can invest money on and have zero worries is bitcoin and yes even in this bull market I can buy BTC at ATH will no worries because it's store of value is like no other but as for altcoins I prefer gathering them in bear markets only since they are highly volatile
member
Activity: 128
Merit: 13
www.fintropy.io
short term altcoin investment is highly recommended but long term is also good not bad depending on the altcoin ,you can see ethereum dogecoin which is very old in this altcoin ,hitting prices better than the past which is not so good ,bitcoin and altcoin are the same risk

Long-term investments definitely have good prospects if you choose the right altcoin, which has growth prospects in the future and is purchased at a low price. Such investments bring a positive mood and profit, as they are reliable. As for short-term investments, I do it in those coins whose reliability is not entirely sure, but which have prospects that have not yet been fully revealed.
hero member
Activity: 2156
Merit: 531
short term altcoin investment is highly recommended but long term is also good not bad depending on the altcoin ,you can see ethereum dogecoin which is very old in this altcoin ,hitting prices better than the past which is not so good ,bitcoin and altcoin are the same risk
copper member
Activity: 1400
Merit: 103
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?
Why does Bitcoin make more reasonable? Doesn't Bitcoin have a use and case and the more expensive the price, the higher transaction fee.
Altcoins that have use and cases I think make more reasonable in the longterm. Because the longer the platform of the altcoin will be more widely used, so the price will go up.
legendary
Activity: 1134
Merit: 1598
I think investing in altcoins can be very reasonable, if you know what you're doing and if the coins you invest in actually do have a future. Think of how profitable ETH has been in the last few years.

The only thing is, when you invest in an altcoin you invest in what you see now. You never know however if that coin will even exist anymore in a matter of years. Bitcoin is the king, so you would definitely hear about its downfall. Hearing about a downfall of a specific alt .. less likely.

Then, you should know that most alts lose purchasing power against BTC. There are very few that actually make it and are worth the investment when you consider the Altcoin : BTC ratio. If you think Bitcoin is the future, then it might in fact be smarter to simply buy it (even if it seems expensive right now) thank to invest in alts.

My personal opinion is, you should take altcoin investments by their name: as an alternative long-term investment that you shouldn't 100% rely on.
sr. member
Activity: 1722
Merit: 269
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 a lot of Bitcoin maximalist in the crypto space and of course also in this forum, that keep repeating, that every crypto coin except Bitcoin is a sh*t coin, but i strongly disagree with such a statement. Just look at ethereum for example. In terms of functionality and use cases it offers so much more than BTC. Bitcoin nowadays is not a payment method anymore for 99% of the people, but an investment asset just like Gold.
I am pretty sure, that if you choose the right altcoin you will make some nice profit and most likely a bigger one compared to an Btc investment.
sr. member
Activity: 1876
Merit: 259
Depending on the altcoin you choose, each altcoin has a different function, some are created just based on hype and some are to solve a problem from an existing one.
maybe meme coins and the like are not worth it for the long term, but altcoins like ETH,BNB, SOL, ADA and other top ones can be used for long-term investments.
legendary
Activity: 2170
Merit: 1789
If you choose the top 10 coins or so, probably you can do a four-year cycle like the bear-bull cycle. Buy on the bear cycle, hold it until the bull recovers and then sell, and then repeat. Other than that, long-term investment is really hard to justify since there's not enough data. I suggest you just use 10% of your capital or so to play with alts regardless whether you're aiming for mid-term or long-term investment and put the rest on BTC.
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