Topic: Investing for the long term in an altcoin is good idea? - page 5. (Read 3909 times)
I think investing in a promising altcoin for the long term is a good idea. Cryptocurrency is developing and Altos will grow in price.
I do not know who. For short-term choose Eth. Since in long-term investments if you study and analyze the market, you can determine that for periods from 1 to 5 years, it is better to choose bitcoin. Although everyone has his own opinion.
My opinion is if we want to invest in crypto in the long run as well as investing in Bitcoin, because I am sure it will be profitable. But I'm not sure of Altcoin, maybe for some.
Its not easy to be a long term investor in crypto, especially seeing the coin dip so hard and you will wishing you had sold them out at their ATH and gotten more of the coins at its dip
It is advisable to invest in cryptocurrency only the amount you are able to lose.These markets require a lot of knowledge to create quality, but there are many things to be found.
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?
Is it a good approach to stay invested for long term in the altcoin space?
Depends on which altcoin you are interested in. There are promising projects that are suitable for long-term investments. One of these I consider Caspian (https://caspian.tech), which right now offers a token challenge (https://bitcointalksearch.org/topic/ann-caspians-token-challenge-institutionalizing-crypto-asset-management-4886561). But most digital coins are not worth your attention, because they are non-competitive and die, never getting to the proper level.
Sure, its a good idea to invest in altcoin for long term as long as the altcoin has a bright future. Invest in altcoin that back up by a good community and possible has a stable exchange. These altcoins will not go down easily and your investment will grow here.
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?
Is it a good approach to stay invested for long term in the altcoin space?
Yes, find the best projects and invest longterm that is what i am doing.
I think that investing in an alternative cryptonomete is absolutely normal placement of funds. The question of what amounts to understand by investing. Having 1000 dollars you can invest in an unknown coin. And if you place 100,000 dollars, you need a deep analytical work. Now the company is entering the market, which will make it affordable to reduce risks when investing in the crypto currency market.
I think a very good idea) , especially in the fall when altcoins as it is now I think for them is a lot to take interesting coins
I think it is the only strategy to gain good profits. All you need is to find the right coin. The problem is that there are too many coins.
Although that we all know that in long term of investment of altcoin is risky but it is still a good idea for me, because if lucky attacks on you, you will becoming a wealthy person immediately.
Investing in Altcoin is really a good way, but the benefits and risks are always proportional, so the danger here is unusual, especially for Altcoin, the risk is multiplier, so it takes time to invest in Altcoin. A lot of research, try to screen out which real projects, so that your own risk will be smaller
yeah its a good ldea cause that was supposed to doo if youre an investore of crypto currency!! long term is veryvery risky thing todo but this long term had ah highest profit that can give or earnings in the future !! thats make investore go to the moon!!!
Yes. Although not all altcoins are worth investing in for a long term, most of them are only worth short term investments. There are quite a number of them that you can invest in for a long term, you just have to do your research and find one for yourself. Good thing is coins are way cheaper now than they used to few months back, so you can buy any good one and invest in it, then hodl for a long term.
It is not a totally bad idea, it is just that altcoins are more suited for short term investments or daily trading, but if you really believe that a coin is capable of archieving great things then go for it.
You should first determine that buying a coin can lead to risk. If you can not hold it in the next few years do not buy it. The profit depends on the type of money, learn about it and make a decision
If you invest in altcoins in the long run, I recommend investing in ETH, NEO, EOS, LTC, etc. These are altcoins that I believe will grow strongly in the near future.
It depends upon because we don't know how had a bull run in market it goes but mostly they are holding long term which it is good idea also in order to avoid losses and making sure not to regrets at the end.
To earn coins in different ways but there are two of the most popular method. The first way is to be a speculator and to speculate on the stock exchange. The second method is to invest for long term and wait for its interest in the Bank. Both of these options can bring you good profits only in the presence of a significant initial capital and brains))
If you invest in altcoins in the long run, I recommend investing in ETH, NEO, EOS, LTC, etc. These are altcoins that I believe will grow strongly in the near future.
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