Investing for the long term in an altcoin is good idea? - page 2.

LDenis555

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Quote from: Sivanandam on November 23, 2017, 11:13:26 AM

Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.

Is it a good approach to stay invested for long term in the altcoin space?

It is a good idea to invest in altcoins for a long time. But it is important not to make a mistake with the choice of the coin you are going to buy. Your success depends on it.

Sendi blackspade team

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Quote from: suryanirwana16 on November 05, 2018, 10:40:02 AM

Ya, i think investing altcoin very good. Should be hold at least 5-7 month even 1 years more to get big profits.I believe it has potential pump until 50-70% So Just be patient!

I think your prediction is not proven this year. in fact, most of the ico this year despite being successful in sales but most have not been able to improve the price of their tokens on the market in a few months. even after the price increases the price of most tokens is very slow. many of the teams reasoned all due to market conditions, so their tokens were also affected.

suryanirwana16

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Ya, i think investing altcoin very good. Should be hold at least 5-7 month even 1 years more to get big profits.I believe it has potential pump until 50-70% So Just be patient!

luongdk

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Why not? Altcoins are worthy investment. Some of them will show good return on bullish market, there is no doubt.
I prefer hold my funds in Pchain and Neo (speaking about risky alts)

xenomorphe1

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It can be a good idea at the current prices. Altcoins are cheap now. If you believe in cryptos, it is a good idea.

ObroQ

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Quote from: Sivanandam on November 23, 2017, 11:13:26 AM

Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.

Is it a good approach to stay invested for long term in the altcoin space?

That depends on the capital you have, the coin/project you are planning to invest in and your goals. Alts can be a good source of profit as long as you know what you are doing.

Marry_OI

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Quote from: Sivanandam on November 23, 2017, 11:13:26 AM

...
Is it a good approach to stay invested for long term in the altcoin space?

I do not know about the investment. I am not a risk taker. I am not sure that alcoin will grow in the near future and therefore I am afraid to invest. If you are a risky person, you can try. I still believe that altcoin will grow.

kiranarora

newbie

Activity: 84

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According to my experience and seeing the condition of the market, it can be said that long time means i.e. investing altcoin for about 10-12 months. After 10-12 months the condition of the cryptocurrency market will be very good. By the way, the market will start booming in the next couple of months. This can be very useful.

drew314

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Well, it depends on your trusted coin which result of your research because every each altcoins has its year of improving and promising, its very unpredictable to happen it will strike, so if you invest make sure you have trust and confidence in your long term investment.

Papsie

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I feel like investing and holding long term is the best thinh I can do now, specially now that market is unstable and just in moment of recovering the loss . Selling at the dip is not a good idea so I must endure it and wait for a long time than take a risk to sell only I can get is a loss.

erox

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I think that's a bad idea. Altcoins give you a good profit in the short term, and it is very risky to buy them for a long time.

MrKasperOne

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quarkchain.io

Do not get tired of repeating. Before investing in long-term, study the project far and wide!
I offer for IOTEX long term.
He is still trading above ICO!

terible.hunter

member

Activity: 490

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Bitfresh - iGaming with 90s UI

It is difficult to say that now it will be beneficial in order for the investment to pay off in the end, because I believe that investment should be approached very carefully, especially considering the latest market trends.

Zero1One0

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Quote from: Sivanandam on November 23, 2017, 11:13:26 AM

Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.

Is it a good approach to stay invested for long term in the altcoin space?

If you think that one of these altcoins may equal or even surpass the mother coin - bitcoin - then it is good to research on the altcoins.

jcojci

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Be careful if you choose a long-term investment with the altcoin because you need to choose the right altcoin to buy so you can make a big profit in the future. Right now, there are too many altcoins that could be potential to rise in the future, and if you can buy at the low price, you will get much amount of the altcoin, and you can make a big profit too.

Miklight88

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Activity: 238

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GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI

Investing for long term is very lucrative but has time to get in which I think is now as many or almost all are done with 90%+ which I think is a best chance to buy more and many think holder is not a good investment now again , but I believe it is cause it has it's time for long holding and also time to sell.

Goodnuel

copper member

Activity: 381

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This is a good way to make gains over a long period of time on cryptocurrency. If you invest in a solid project that stays true to its Whitepaper and also have a strong team, the returns in a time will be worth it. And this is a good idea. One has to be really patient though as these altcoins may struggle initially.

sergey1301

jr. member

Activity: 336

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Investing in altcoin is a huge risk (I wouldn't do that). Altcoin, in the long run-it's a good idea (can grow 100-1000 times).

NewBet

hero member

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It is a good idea to invest in altcoins for the long term. There are a lot of good altcoins out there to invest in and if you find them you can end up making a lot of money from the coins in the long run. Just make sure that when you are investing in the coins you are doing enough research into the coins to make sure that they are actually viable coins.

Gabteb

sr. member

Activity: 812

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If Altcoin is good, i mean it has good features,hard working devs and strong communty ,then i think its good idea ,for example i can suggest DeepOnion as alt like that.

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