Topic: How reasonable is the long-term investment in Altcoins? - page 8. (Read 2410 times)
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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?
Since 2017, I have been constantly buying Ethereum, even during the bear market, and to the present, I do not think that I did something wrong. For a long hold, you just need to make the right choice.I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
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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?
Yes, I agree with you, long term investment in bitcoin, Ethereum and other major crypto currencies are much safer than long term investment in random altcoins, though finding good altcoins and investing in them for short term is most times more profitable than investing in bitcoin or Ethereum for that same time frame.I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
But also, sometimes, we can be very lucky to find good altcoins to invest in for long term, but one has to monitor such investment closely as possible.
Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73
It is very important to evaluate the future potential of the coin to understand how useful the coin will be in the future.
The coin must be in demand and used to grow in price.
If a project offers a useful product people will use it and its coin or token will be in demand.
Articles in the medium allow understanding the idea of the project better to evaluate its future potential.
Active development of the projects attracts a lot of attention of investors and makes projects more popular.
It depends on the movement of that certain coin on the market, some tokens quickly rise while some takes time to yield. To my own candid advice, taking profits at the expense the value goes up is the best moment, either in short or long term period.
Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73
I agree that bitcoin is the most popular cryptocurrency for investment. A lot of tools for bitcoin investment appear now and there is a big demand in them.
But also there are Ethereum, BNB and other popular for investment coins that there are in big demand.
It is very important to evaluate the future potential of the coin to understand how useful the coin will be in the future.
The coin must be in demand and used to grow in price.
If a project offers a useful product people will use it and its coin or token will be in demand.
Investment is readiness
- Capital,
- Trading knowledge,
- Risk management
- Psychology
Speaking of profit or loss, each instrument has its own scenario
whether bitcoin or alt coin we record assets with flexible decimal numbers to buy.
Which one do you choose?
1. Altcoin Low priceswhen rising a few cents can get a windfall (increase in assets hundreds of % of altcoin capital) when losses can occur rugpul, micin coins / altcoins are more recommended short term. )
although we also can't guarantee that coins with other fundamentals can also be de-listed from Dex and the market.
2.Bitcoin is indeed expensive for each chip, but we can buy it according to the decimal times the capital, which means it can be retailed, of course the coins have strong fundamentals and other popular ones also don't guarantee it will be safer (it won't be too long if the analysis is correct).
I choose a coin that has strong fundamentals even though it's a little at least not too much risk if the price is cheap (cutlos)
Any reason to start choosing between bitcoin or altcoins?
Long term or short?
Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73
Many people use Bitcoin for long-term investments. But Bitcoin is overvalued.
Now many people are looking for new and prospective projects to earn more profit on them on the raise of the market.
I agree that bitcoin is the most popular cryptocurrency for investment. A lot of tools for bitcoin investment appear now and there is a big demand in them.
But also there are Ethereum, BNB and other popular for investment coins that there are in big demand.
I do not see the possibility and understanding of long-term investment in such assets, only short positions can give real profit, in the long run it is very difficult to understand which project will give real growth, because any negative informational reason can drop growth, and turn profit into loss.
The reason of course is that I want to get big profits, I hope the performance of the crypto that I hold can continue to skyrocket so that I can get big profits, now I invest some coins and I use them for staking so that I get 2 benefits, namely the results of staking and hoping the price will continue to rise.
Taking profits can be done from anywhere, whether investing or staking,it all comes back to each person's preference,
talking about long-term investments, of course the best choice in my opinion falls on the top altcoins
The long term here in my opinion cannot be determined by how long it takes. But how strongly do you hold back until the target is reached. Usually cryptocurrencies will pump or dump at a certain time. However, other times some even reach ath. That's our target. Maybe if it's expected to be more than a year.
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 700 trillion derivitaves market, surely some of these altcoins will be able to benefit.
But some might really have a good future. If crypto can ever get a stable piece of the 700 trillion derivitaves market, surely some of these altcoins will be able to benefit.
The reason of course is that I want to get big profits, I hope the performance of the crypto that I hold can continue to skyrocket so that I can get big profits, now I invest some coins and I use them for staking so that I get 2 benefits, namely the results of staking and hoping the price will continue to rise.
It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..
matic maybe suitable for long term investment but I don't agree with shiba suitable for long term investment ! although in the future no one knows what the price growth of shiba will be like but in my personal opinion it is a coin that is only for gambling or for fun not recommendyes, this is in your opinion and it's up to you to give feedback about shiba inu!. if today the shiba inu community is growing very rapidly and many people are holding shiba inu in their wallets to be used as future assets then it is very possible in my opinion the growth of shiba will be better than now, i see it from the shiba community today.
It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..
matic maybe suitable for long term investment but I don't agree with shiba suitable for long term investment ! although in the future no one knows what the price growth of shiba will be like but in my personal opinion it is a coin that is only for gambling or for fun not recommend Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73
Cryptocurrency industry constantly developing. That is why new opportunities appear. They allow to earn more money using cryptocurrency and price of cryptocurrency raise.
NFT is a new opportunity that allows to earn even more money. That is why NFT so popular now.
Many people use Bitcoin for long-term investments. But Bitcoin is overvalued.
Now many people are looking for new and prospective projects to earn more profit on them on the raise of the market.
It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..
Its all almost the mastery in determination of coins which altcoins you need to contribute. On the off chance that you depend in any unused ventures within the showcase of course its exceptionally unsafe and you do not know in case it can truly ensure a nourishment return after all, but in case you choose those beat altcoins within the advertise, well maybe you'll guarantee that they're sensible as well like bitcoin.In fact numerous speculators as of now knew how genuine a few of the alts ventures within the showcase particularly when it comes long term, so must make inquire about so that you simply have data which oftenly part of game for long run.
Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73
NFT now is a very modern trend. NFT are sold for very big prices and such big prices attract a lot of attention of users.
The prices of NFT are really high ant it attracts a lot of attention.
Cryptocurrency industry constantly developing. That is why new opportunities appear. They allow to earn more money using cryptocurrency and price of cryptocurrency raise.
NFT is a new opportunity that allows to earn even more money. That is why NFT so popular now.
Investing in altcoins that clearly have good prospects like SOL, ETH, BNB is a wise investment in my opinion. Especially if we don't have enough funds for btc investment, altcoins are the best choice.
It should be underlined, do not invest long-term in altcoins that do not have clear prospects and market power. It is better to use altcoins that do not yet have strong market power for trading, not for long-term investment
It should be underlined, do not invest long-term in altcoins that do not have clear prospects and market power. It is better to use altcoins that do not yet have strong market power for trading, not for long-term investment
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