How reasonable is the long-term investment in Altcoins? - page 2.

superman184

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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?

We have to understand broadly between Bitcoin and Altcoins. Apart from Bitcoin are Altcoins. Long-term investment in Altcoins can also provide greater profits. Suppose you invest in Ethereum, Binance, and many other Altcoins that gain the trust of investors. If the price of Bitcoin increases, some popular Altcoins also increase immediately. Investors are currently not only looking at Bitcoin, they are also looking at several Altcoins for long-term investments.

ReiMomo

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We can go for long term investment on altcoins which are best in the market. We have ETH, BNB, Matic and etc which are really worth to go for a long term. I am sure most investors have chosen altcoins as well along with BTC. Yes I have invested in altcoins often and now too rather than BTC. Risk comes when you invest on a coin which is not performing well in the market. Analyze the best altcoin and you can confidently go for a long term. When BTC moves up, all other altcoins will follow it and yield you returns.

JooBra

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Quote from: K4C on January 21, 2022, 01:31:20 PM

I think in this time anyone want to invest in cryptocurrency so the very important point is that the person collect the information about all these things so i simply say that anyone how invest in this market so they gain a knowledge about all these important things .
And Altcoins are best i know Many Altcoins are go to the moon and they are very profitable to the people.

Altcoins give a bigger chance to make profit in long run. If you invest in SOL ADA FTM in long run up to 5years you will have a good profit.

K4C

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I think in this time anyone want to invest in cryptocurrency so the very important point is that the person collect the information about all these things so i simply say that anyone how invest in this market so they gain a knowledge about all these important things .
And Altcoins are best i know Many Altcoins are go to the moon and they are very profitable to the people.

LUCKMCFLY

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Quote from: Similificator on January 16, 2022, 11:02:47 PM

Quote from: matchi2011 on December 22, 2021, 06:19:52 AM

Quote from: dbc23 on December 22, 2021, 02:57:31 AM

Not all altcoins can be held for a long term return. Some are just meant to make good profit with the volatility then back off or take advantage of the hype get a good profit and abandon the project for another. Only a few altcoin can guarantee one a good return on a long term base. To hold on a long term means a deep research before holding

That's how the market works, you need to understand and you need to assess each project that you wanted to participate.
Not all are good for a long while, some are, but most of it is just plain hypes and only those who know the game well are there
one who really gains a good amount of compensations.

The fact of the matter is that as long as you make profits, timeframes won't matter. That is, if you as an investor invested first on knowledge either with money or time (paid or free knowledge) before investing on any asset. This is what'll make the difference between a winner and a loser. Now with how much you win or lose is a different story which depends on risk tolerance and experience.

But then again, there are those that are lucky as hell that win lottery-like jackpots on crypto investments which is very rare though.

You are right, really that in these times where the BTC market has not risen as everyone expects, I think that those who have investment in any currency should wait, first of all if BTC does well any Altcoin will do well, that's something sure, and for now it is difficult to determine what can happen in the market, many say that it can go up, but it is difficult to say what can happen, because now more than ever the market is very volatile, and tends to be misleading, in my case I have some altcoin but I prefer to leave that investment alone.

ZotDragon

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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?

Long-term investment in Altcoins, it's not bad idea because if you are invest in Altcoin like ada, matic, link, dot etc.. these coins are strong project and very good investment for long term vision.

Similificator

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Quote from: matchi2011 on December 22, 2021, 06:19:52 AM

Quote from: dbc23 on December 22, 2021, 02:57:31 AM

Not all altcoins can be held for a long term return. Some are just meant to make good profit with the volatility then back off or take advantage of the hype get a good profit and abandon the project for another. Only a few altcoin can guarantee one a good return on a long term base. To hold on a long term means a deep research before holding

That's how the market works, you need to understand and you need to assess each project that you wanted to participate.
Not all are good for a long while, some are, but most of it is just plain hypes and only those who know the game well are there
one who really gains a good amount of compensations.

The fact of the matter is that as long as you make profits, timeframes won't matter. That is, if you as an investor invested first on knowledge either with money or time (paid or free knowledge) before investing on any asset. This is what'll make the difference between a winner and a loser. Now with how much you win or lose is a different story which depends on risk tolerance and experience.

But then again, there are those that are lucky as hell that win lottery-like jackpots on crypto investments which is very rare though.

wajik-tempe

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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?

Depends on what altcoin you're invested in, i'm sure if we hold altcoins like ETH or BNB or anything that has strong fundamental and on the top of biggest marketcap out investment won't be full of risk since these coins has developing projects and future plans which means it very important to investors to know. So i think it's depends on the project not just about bitcoin and altcoin because there are thousands altcoins out there

Pelana vreo

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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?

short investments are profitable for memecoin, as it is now, but if you look at the list of top 10, everything started from low prices and some investors bought because of the large number of objects in the ecosystem of the blockchain network they created, for example Solana, I don't think the price went up like currently, but if you buy it early on then you have already profited more than 1000x and it will keep increasing because they have limited number of coins

LUCKMCFLY

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Quote from: Galley on January 10, 2022, 11:40:52 AM

How reasonable long-term investments in altcoins are can only be said in relation to a specific altcoin. Some live on for a couple of months on the strength, and are suitable exclusively for short-term trading, on which you can make great money if you have time, or lose everything. It all depends on luck. And they are in the majority. But there are also those in which I invest now, and I expect growth by the summer. It all depends on the development of the project.

Sometimes it doesn't just depend on the development, it also depends on how famous the project or coin becomes, because a few years ago I was in a very good privacy project, under which it had an excellent development and everything was going very well until it was They got involved with the investors and apart they did not want to list the currency in a level 1A exchange, from that moment the investors extracted their investment by lowering the price of their currency from 20USD to less than 1USD, this was something disastrous, and it never recovered, nor when BTC had its last ATH. This consideration should be taken into account, especially for new projects that come out.

tengui

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Quote from: asyakashi on January 08, 2022, 10:31:47 AM

I think bitcoin is also an altcoin. They have the same nature only have great trust so bitcoin becomes no.1 among other altcoins. When it comes to risk, I'm sure if you invest in coins with the order of 100 and below in coinmarketcap the risk is high. We have to trade at high volumes in order to see that the coin is of great quality.

no, bitcoin is not an altcoin. altcoins are alternative cryptocurrencies besides bitcoin and from this explanation we all know that bitcoin is not a part of altcoins. mostly the same nature as most of the altcoins are built on the framework built by bitcoin, however altcoins are created by adding some features that bitcoin does not have. but even though altcoins have some additional features bitcoin remains the most popular crypto.

Wawa2013

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Quote from: MascGreatCat on January 13, 2022, 11:40:33 AM

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 alt coin means you have to be very careful. Because if you think about investing in it for a long time, you have to choose the best alt coin, because it has a wide range, and because of that if you like it. If you make a mistake, you will not get the right return. Which one you choose to invest in is also important. If you are investing in someone new then their team is their future plan. Thinking about all this, what is the concept of the project, you should invest considering this.

Especially if we look at the majority of altcoins currently circulating are copycats from previous projects. So indeed, if we are not careful in choosing
altcoins for investment, we will only waste our money. Actually, there is no problem investing in altcoins in the long term, but we have to choose
the right altcoins. Then the percentage of investment in altcoins must also be lower than investment in Bitcoin. Because after all Bitcoin is the safest
for long-term investment. If we are not sure about the choice of altcoins we have chosen, then we should avoid long-term investments in altcoins
and just focus on holding Bitcoin for long-term. And the most important thing is never to trust 100% of other people's opinions, even though that
person is very experienced in the crypto world, does not mean the prediction is 100% accurate. So in choosing projects for investment, it must be
the result of research and analysis that we do ourselves.

magneto

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Quote from: savetheFORUM on January 14, 2022, 04:51:00 PM

Quote from: ?? on ??

You know, it feels like DAOLaunch is a kind of SpaceX in the crypto investing field. Their DVC-NFT system is an invention that will change all everybodies understanding about crypto trading

There are so many good smaller projects and coins in the market, but it seems that most of these projects are being overshadowed by Bitcoin and Ethereum. Just like when it comes to the smart chain side, you would always be seeing ethereum overshadowing most other platforms. Sometimes when you check, Ethereum is usually better than most of these new platforms , though they might seem to be better at first.

Because, come to think of it, if the new platforms were really that much good, then developers would have been abandoning the ethereum platform today, because these other new platforms are even promising better fees and faster transaction and so many other good features. But at the end we still see the developers choose Ethereum platform, because of one thing that might be lacking in the new platforms.

Exactly.

If you were to invest in alts for the long run, you need to make sure that you are holding blue chip projects that have proven themselves to be effective.

The worst thing that you can do when it comes to a long term project is not necessarily having low growth potential, but rather high volatility which may make you panic sell in the spur of the moment. There are so many "fad" coins out there that are just forks of existing projects that aren't worth a second look at.

savetheFORUM

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Quote from: ?? on ??

You know, it feels like DAOLaunch is a kind of SpaceX in the crypto investing field. Their DVC-NFT system is an invention that will change all everybodies understanding about crypto trading

There are so many good smaller projects and coins in the market, but it seems that most of these projects are being overshadowed by Bitcoin and Ethereum. Just like when it comes to the smart chain side, you would always be seeing ethereum overshadowing most other platforms. Sometimes when you check, Ethereum is usually better than most of these new platforms , though they might seem to be better at first.

Because, come to think of it, if the new platforms were really that much good, then developers would have been abandoning the ethereum platform today, because these other new platforms are even promising better fees and faster transaction and so many other good features. But at the end we still see the developers choose Ethereum platform, because of one thing that might be lacking in the new platforms.

MascGreatCat

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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 alt coin means you have to be very careful. Because if you think about investing in it for a long time, you have to choose the best alt coin, because it has a wide range, and because of that if you like it. If you make a mistake, you will not get the right return. Which one you choose to invest in is also important. If you are investing in someone new then their team is their future plan. Thinking about all this, what is the concept of the project, you should invest considering this.

bigE1669

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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?

It really depends on which altcoins. I think most altcoins will ''die'' in a way, if not completely unlisted, then just remaining low with barely any activity.

But some might really have a good future. If crypto can ever get a stable piece of the 200 trillion derivitaves market, surely some of these altcoins will be able to benefit.

Galley

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How reasonable long-term investments in altcoins are can only be said in relation to a specific altcoin. Some live on for a couple of months on the strength, and are suitable exclusively for short-term trading, on which you can make great money if you have time, or lose everything. It all depends on luck. And they are in the majority. But there are also those in which I invest now, and I expect growth by the summer. It all depends on the development of the project.

Farma

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Quote from: asyakashi on January 08, 2022, 10:31:47 AM

I think bitcoin is also an altcoin. They have the same nature only have great trust so bitcoin becomes no.1 among other altcoins. When it comes to risk, I'm sure if you invest in coins with the order of 100 and below in coinmarketcap the risk is high. We have to trade at high volumes in order to see that the coin is of great quality.

Altcoin is alternative coin besides Bitcoin, because it's all coins other than Bitcoin called Altcoin. So, Bitcoin is not Altcoin.
In addition, regarding investment, even investment in Bitcoin is also targeted, so the only reason for our long-term investment in Altcoin is because of its function we thought it would be really needed and hold the coin until it happened. The altcoin criteria that I hold for a long time may be like eth, BNB, there, soles, and other coins that have the same function, but popular today.

gmatej

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Quote from: Mehedi72 on January 10, 2022, 08:15:23 AM

Its True but can't agreed with whole statement cause long term investment in top altcoins, could also reasonable cause most of those always follow bitcoin rally but rest of altcoins could be risky for invest cause there's always chance to scam or turn into shitcoin in long run. Short time trade may profitable with altcoins but hype coins could be risky because sometimes they never come back on that position, from where you buy but you can do short trades if you can fit with those facts.

Yes, long term only in the top icons might be safe. But you have to do periodic check ups...

Mehedi72

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Its True but can't agreed with whole statement cause long term investment in top altcoins, could also reasonable cause most of those always follow bitcoin rally but rest of altcoins could be risky for invest cause there's always chance to scam or turn into shitcoin in long run. Short time trade may profitable with altcoins but hype coins could be risky because sometimes they never come back on that position, from where you buy but you can do short trades if you can fit with those facts.

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