Investing in cryptocurrency but which altcoins is good for long term holding? - page 6.

JeffBrad12

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Quote from: Pecunia non olet on May 30, 2020, 07:36:59 AM

What about ICON? They try to interconnect diffrent blockchains together, real partnerships with Korea's government, staking very very profitable - up to 13% prr year and the price is about 97% down since ATH price.

ICON is a good coin and it has a lot of potential like other major coins.

You should not compare the current price with ATH, it's better to create a comparison between the current price and initial price. The ath can be used only to determine how big the potential owned by ICON.

rajakulam

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for altcoin, I recommend Ethereum because many platforms have collaborated with ETH, which currently makes ETH ranked second at the moment, but all that can not be separated from the effects of the rise and fall of Bitcoin prices, while the list of other coins that you choose, it is better to be used for day trade investments.

Valzador

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I wonder why some people think that Bitcoin Cash has potential even though their team consists of a group of liars who want to take all of your money.

aioc

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Quote from: sukbir on May 29, 2020, 12:38:02 AM

Hi Guys i am planning to buy Bitcoin and few altcoins for long term holding. I want to hold at least two altcoins from my list. Can you guys suggest me it is safe to buy below altcoin for long term holding? Which Altcoin is your favourite and currently holding??

My Altcoins list: Bitcoin Cash, Ethereum, Litecoin, Zcash, Dash and Monero

It's easy to pick if you have a small amount the top 3 is good if you have more the top 5 is great and if you are investing a huge amount of money then the top 15 is the best preference, make sure that you allocate a good portion on the top 3 coins, at this current market situation avoid new coins but if a new coin catches your fancy, don't pour everything on it.

bitgolden

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I think the best in the long run is Ethereum, Ethereum prices have exceeded $600 in late 2017 or early 2018, that's my favorite altcoins

You did not follow when it hit $1000+ levels in 2018? Definitely it will again have big value in USD but I am afraid about having again same level of BTC values. I do calculate my altcoin profits only in BTC and not in fiat value because I do buy/invest altcoins only with bitcoins and not from my bank cards. So, for the people who chase profits in USD value, they can easily go up with highly reputaed coins like ethereum, litecoin and dash.

Quote from: Davian144 on May 30, 2020, 07:35:58 AM

holding Bitcoin in the long run is also no guarantee to get more profit, even though half of bitcoin has also happened, but if the demand does not increase then the price will remain the same as it is today, there is only a slight difference.

It is time for bull run hence even in short run as well bitcoin will get you guaranteed profits. But you cannot expect bull run to happen immediately following the halving; definitely bull run will take some time like how markets have reacted after every halving. You cannot measure about demands with bare eyes; demand may trigger bulls but only FOMO will do making it into the sky.

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Quote from: sukbir on May 29, 2020, 12:38:02 AM

Hi Guys i am planning to buy Bitcoin and few altcoins for long term holding. I want to hold at least two altcoins from my list. Can you guys suggest me it is safe to buy below altcoin for long term holding? Which Altcoin is your favourite and currently holding??

My Altcoins list: Bitcoin Cash, Ethereum, Litecoin, Zcash, Dash and Monero

Bitcoin is the best coin to hold for a long term period but altcoins is good for short term investment. Why not try to do trading with altcoin? I believed it can give you more profit for short term like ethereum,it has a good market movement for a short term. Also add BNB because i think this coin will increase more,just need more time ,so i think it's good to hold it for a long term.

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Quote from: hwteeer on May 30, 2020, 06:43:13 AM

Quote from: witbla on May 30, 2020, 06:42:42 AM

Hmm, as for recommend, probably only Brandtokens. io With the solution you are basically tokenizing your brand and rewarding the customers.Brand Tokens is an all in one platform to manage all your brand token needs. You can issue your own blockchain-based loyalty ERC20 token. List it on their exchange. Easily integrate tokens into your services. Reward your clients with tokens and give them perks in exchange. Multifunctional, as you can see. And I recommend you to have a look at their website to have a deeper understanding

This from your words sounds unique, I will Google them, thank you

Hey, you need to understand that it not every advise provided to you here can be follow because there are some puppet or shill advertiser who's purpose was to make their altcoin know to the public and having a good concept of an altcoin doesnt make it good for long term investment.
It better you choose from long existing coin which are listed on liquidity exchange site.

Pecunia non olet

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What about ICON? They try to interconnect diffrent blockchains together, real partnerships with Korea's government, staking very very profitable - up to 13% prr year and the price is about 97% down since ATH price.

Davian144

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Quote from: @baoli on May 30, 2020, 06:06:12 AM

I will suggest you buy and hold bitcoin for longterm, them altcoin should be for short term have a sale limit. For the altcoin litecoin and Ethereum are good. You can Add ADA and Monero

Yes, but holding Bitcoin in the long run is also no guarantee to get more profit, even though half of bitcoin has also happened, but if the demand does not increase then the price will remain the same as it is today, there is only a slight difference.

hwteeer

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Quote from: witbla on May 30, 2020, 06:42:42 AM

Hmm, as for recommend, probably only Brandtokens. io With the solution you are basically tokenizing your brand and rewarding the customers.Brand Tokens is an all in one platform to manage all your brand token needs. You can issue your own blockchain-based loyalty ERC20 token. List it on their exchange. Easily integrate tokens into your services. Reward your clients with tokens and give them perks in exchange. Multifunctional, as you can see. And I recommend you to have a look at their website to have a deeper understanding

This from your words sounds unique, I will Google them, thank you

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Quote from: hwteeer on May 30, 2020, 06:41:58 AM

Hey. What I would say, I am having pretty similar vision. Another aspect that makes sense - how team delivers experience. So I always conduct own analysis, evaluating many factors etc. So just wonder whether you have some advanced solutions to recommend

Hmm, as for recommend, probably only Brandtokens. io With the solution you are basically tokenizing your brand and rewarding the customers.Brand Tokens is an all in one platform to manage all your brand token needs. You can issue your own blockchain-based loyalty ERC20 token. List it on their exchange. Easily integrate tokens into your services. Reward your clients with tokens and give them perks in exchange. Multifunctional, as you can see. And I recommend you to have a look at their website to have a deeper understanding

hwteeer

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Quote from: witbla on May 30, 2020, 06:39:37 AM

Talking about further crypto path, from my point of view, focus is going to change a bit. What do I mean? Investors are now a bit tired of similar and simple tokens. So as I understand, the switch will happen towards more technological and valuable solutions

Hey. What I would say, I am having pretty similar vision. Another aspect that makes sense - how team delivers experience. So I always conduct own analysis, evaluating many factors etc. So just wonder whether you have some advanced solutions to recommend

witbla

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Talking about further crypto path, from my point of view, focus is going to change a bit. What do I mean? Investors are now a bit tired of similar and simple tokens. So as I understand, the switch will happen towards more technological and valuable solutions

@baoli

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I will suggest you buy and hold bitcoin for longterm, them altcoin should be for short term have a sale limit. For the altcoin litecoin and Ethereum are good. You can Add ADA and Monero

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Quote from: mk4 on May 29, 2020, 01:17:27 AM

I don't suggest holding altcoins for the long-term at all. If anything, altcoins for me are just great short-mid term trading opportunities. It's easy to assume that most altcoins will be obsolete sometime in the future though.

Especially the ones on your list, probably only Monero in my opinion has the chance of surviving in the future(but it doesn't automatically make it a good investment), assuming that Bitcoin's privacy doesn't get that much better. The rest? Total crap. I'm actually really interested in why you actually chose those six.

not all altcoins are bad, there is no one to hold one of them even coins like xvg, bnb, xlm and many more have increased by more than 1000%, so you have to really choose the right one before storing it for a long time.

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Quote from: sukbir on May 29, 2020, 12:38:02 AM

Hi Guys i am planning to buy Bitcoin and few altcoins for long term holding. I want to hold at least two altcoins from my list. Can you guys suggest me it is safe to buy below altcoin for long term holding? Which Altcoin is your favourite and currently holding??

My Altcoins list: Bitcoin Cash, Ethereum, Litecoin, Zcash, Dash and Monero

It is really good that you first considered Bitcoin to be in your portfolio because till date Bitcoin has proven to be the best coin to invest in and be calm with your investment unlike most altcoins. Also, looking at your list, I must say they are good and if am to select I will go for Ethereum first then Monero; this two altcoins have taken a unique stand in the crypto space thus will continue to be highly appreciated by users thus always keeping the coin valuable as it will continue to attract more attention.

el kaka22

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Your list already sounds too good but you are not mentioning about your portfolio percentage for bitcoins. Because, making it bigger as much as possible is more important because you must believe into bitcoin more than any other altcoins. I am holding 90% of my investments in bitcoins and for the est alone I am risking with altcoins. Only bitcoin will pave the path for bull markets and all altcoins will follow it. You can expect bitcoin to have 10 times growth in coming months and only after than altcoin may start their bull rally.

You may think about adding waves/grin/ada/ETN/doge/redd to your portfolio but only in less than 20% of your total investments. Please always be conscious about having 80% to 90% of your holding into bitcoins which will definitely help you to achieve your dreams for sure.

Listen to this community but take time to analyze on your own criteria and finally make your investment decisions with double checking about the potential of the coins you are going to invest with.

ethereumhunter

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Quote from: sukbir on May 29, 2020, 12:06:29 PM

Dear all thank you so much for your valuable time replying my question. I have decided to do long term investment for Bitcoin. I still regret now selling my 1.5 btc back in 2015 when price was £240 pound. I will try to make again 1.5 btc in future.

About Altcoin I will buy few of them just for short term investment.

Great. At least, you already decide what you did. Be careful if you use future trade because the bitcoin price will always change, and you need to control your emotion if you see the price is down. You don't have to regret what you got in 2015 because I am sure that you will recover you're lost this time. But you need to work hard to do that so you can achieve your goals in the future.

The altcoin can help you to make an additional profit in the short term, and you need to watch the market moves, so you don't miss the right time to sell your altcoin.

justdimin

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I would remove bitcoin cash from that list but all the others are quite legit and good and should be profitable in the long term. The only reason why I dislike bitcoin cash is not actually economical or financial, its more ethical. It was created by some big rich miners who wanted more of our money and change bitcoin into more like a miner paradise and when they couldn't do it they ended up creating their own made up coin so they could make more profit that way instead of bitcoin.

So, the whole purpose of that coin is to make the owners more profit, not you or anyone else but the creators. Definitely you could profit as well, if you profiting helps them profiting they will do that, but if you losing means they will profit they will do that as well so I do not trust it.

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@OP
The perfect altcoin for long term investment are Ethereum, Litecoin and Monero but you still need to invest caution.

Quote from: Ridwan Fauzi on May 29, 2020, 07:25:03 AM

Most of your list is good to be choose for long term holding. Especially ETH and Dash, you may need to split your fund for both altcoins.

Not most of the list are good. Dash have been accused several times, Zcash was said not to be anonymity as people think and Bitcoin Cash owner is knew as cheater and price manipulator and this may later causes dump in price of the 3 coins anytime.

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