How reasonable is the long-term investment in Altcoins? - page 9.

sulendra12

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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?

Long term in altcoin is kinda risky compared to Bitcoin in my opinion. Where Bitcoin is to be much expected you will get more profit than altcoin, especially if you don't know know what altcoin you are going to invest. Sure if you want to do long term investment altcoin with Ethereum and other good altcoins but for some random shitcoins, then it's recommended to avoid it.

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?

Again, it depends on what coins are you going to choose and the capability of each user.

nininyashka

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Quote from: METASENS on December 02, 2021, 08:43:22 AM

Quote from: JackieAinsley on November 26, 2021, 05:36:43 PM

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

There are lot of NFT created. But nobody knows which NFT will raise which will not raise.
Now NFT is a trend but the question is how long the NFT trend will last?
What it will be when NFT trends will finish?

Many people buy NFT hoping for their price grow. But now nobody knows from what the price of NFT depends, why NFT growth in price and how long such growth will continue.

mamesso

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Cryptocurrency is a type of investment that is very risky, both in the short and long term, due to the highly volatile nature of cryptocurrency. If an investor wants to invest in long-term altcoin, he must understand well that the chosen altcoin as a condition for investing will be successful or not.
It's a bit hard to say how reasonable long-term investing in Altcoins is, So investors must also be prepared to lose.

bakasabo

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From my point of view, if a person dont like to spend a lot of time doing research, calculating something, making difficult predictions, or simply dont have experience of doing anything like that, then a cheap meme alts on BSC network long-term investment can be a solution. A person just need to decide what amount of money he is able to lose, find as cheap as possible meme alts, buy each for a couple of dollars, instantly make sell orders with x10-x50 price and just wait.

Google+

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

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..

Only TRON and MATIC are suitable for long-term choices, while for Shiba Inu I personally still very much doubt it even though big pumps have come for Shiba Inu this year, but you have to be aware that it happened because of Hype and memecoin trend that is sticking out.

indo1

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Each coin has a different cauldron. Some are even for the long term there are also those made just for duplication in order to replicate a once successful project and try to take advantage of people's investments. Developers will run away after one hype.

Wildwest

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For now many investors who invest long-term with bitcoin because every year bitcoin always increases, but we can also invest in potential altcoins for the long term and there we can also get a big profit, although the risk of investing in altcoins is greater but it depends on the coins we hold, then it makes sense if we invest in the long term in some potential altcoins.

shawon01

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Here I think there is a different option of doing altcoin from there depending on some sorted altcoin coins which can be based on some hype and to solve some problems.
There are a lot of coins here that I think are very expensive

METASENS

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Quote from: E-wallet.io on December 01, 2021, 03:44:36 PM

Quote from: JackieAinsley on November 26, 2021, 05:36:43 PM

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

There are lot of NFT created. But nobody knows which NFT will raise which will not raise.
Now NFT is a trend but the question is how long the NFT trend will last?
What it will be when NFT trends will finish?

Many people buy NFT hoping for their price grow. But now nobody knows from what the price of NFT depends, why NFT growth in price and how long such growth will continue.

E-wallet.io

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Quote from: TmHsHel on November 29, 2021, 04:32:06 PM

Quote from: JackieAinsley on November 26, 2021, 05:36:43 PM

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 is now actively used in gaming. They attract a lot of attention and allows to earn more money. That is why NFT in gaming is very popular.

There are lot of NFT created. But nobody knows which NFT will raise which will not raise.
Now NFT is a trend but the question is how long the NFT trend will last?
What it will be when NFT trends will finish?

UDONNA

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Quote from: matchi2011 on November 29, 2021, 10:55:38 PM

Quote from: UDONNA on November 28, 2021, 04:17:03 PM

Quote from: Joshapat on November 27, 2021, 09:00:56 AM

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.

I agree with your choice, considering that this summer Crypto.com also partnered with the Formula-1 Racing Series for a total of $100 million. In my opinion, the tokens of some crypto exchanges are a worthy investment for the long term.

And they also own the name of Lakers homecourt (staple center) little by littlecrypto.com is moving upwards,
unlike with other hype coins where the pumpe is instant then expected dump come right after, the business
was plan carefully they use a lot of money for advertising and for sure it will generate income in the nearest future.

As soon as we talked about the prospects for the growth of Crypto.com , the price of their token immediately dropped. Perhaps this is pure coincidence and a temporary phenomenon, however, it always happens after the market "forecasts" expressed aloud. Grin

lockboxcapital

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Want to know more about Altcoins?

You can check out these videos
Altcoins & Shitcoins - https://youtu.be/txP3n9wKmgE & https://youtu.be/Kb5jU1TGFEY

velive08

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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?

In my opinion, a risky investment is if investors are not careful when choosing their investments!, for example investing in crypto, not all of them have a greater risk if we are able to read the opportunities to win. the point is, whatever altcoin you choose to invest in, you need to pay attention to the roadmap of the altcoin and the team and look at the use of the altcoin, if the altcoin has many uses for the future then you can only determine the investment pattern, whether by using long-term or long-term short. thus I think every investor will win their investment with big profit.

matchi2011

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Buy $BGL before it's too late!

Quote from: UDONNA on November 28, 2021, 04:17:03 PM

Quote from: Joshapat on November 27, 2021, 09:00:56 AM

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.

I agree with your choice, considering that this summer Crypto.com also partnered with the Formula-1 Racing Series for a total of $100 million. In my opinion, the tokens of some crypto exchanges are a worthy investment for the long term.

And they also own the name of Lakers homecourt (staple center) little by littlecrypto.com is moving upwards,
unlike with other hype coins where the pumpe is instant then expected dump come right after, the business
was plan carefully they use a lot of money for advertising and for sure it will generate income in the nearest future.

TmHsHel

jr. member

Activity: 98

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Quote from: ?? on ??

Quote from: JackieAinsley on November 26, 2021, 05:36:43 PM

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

Gaming industry is very big and prospective industry with a lot of users. It is growing fast. That is why many cryptocurrency projects offer a products on blockchain.

NFT is now actively used in gaming. They attract a lot of attention and allows to earn more money. That is why NFT in gaming is very popular.

UDONNA

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Activity: 1162

Merit: 251

Quote from: Joshapat on November 27, 2021, 09:00:56 AM

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.

I agree with your choice, considering that this summer Crypto.com also partnered with the Formula-1 Racing Series for a total of $100 million. In my opinion, the tokens of some crypto exchanges are a worthy investment for the long term.

vasu091254

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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.

dupee419

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Ethereum gave me a promising long-term investment, but as far as I can see, it seems to be that Bitcoin is still a worthy investment in the long run, they are called altcoins for a reason but I'm willing to continue investing in coins at their early stages, keep in mind that some of these coins will for sure be worthy to invest on, for the long run? I don't know, but I'm sure that at least one of the coins I've invested on, will be worthy for a long-term investment.

nurulhmani1280wat

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XEGGEX

I totally agree with you, long-term investment in altcoins is very high risk, I said and I have proven in 2018 until now, short-term investments are very profitable in altcoins.

ninabobo

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No I don't agree with u on this, there are many altcoins which are worth investing for long term, yah am talking from experience, investing in fundamental coins is very beneficial in the long run.

Take the L1 coins for instance, coins like solana, BNB, $Near are all doing fine in the long run, immediately people get know about their importance boom there go parabolic. And presently there is a new trend of altcoins which is the meta verse tokens, we can see coins like AXS, sand, PYR are all doing very well and for the long run they will keep yielding more profit for investors.
Play to earn games are really doing good, and my new catch is Hash Rush.

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