Investing in cryptocurrency but which altcoins is good for long term holding? - page 7.

sukbir

member

Activity: 122

Merit: 13

🏆Bitcoin is king of Cryptocurrency World.

I don't mind holding btc for long term and ETH is also in my list

Quote from: Nazmul012 on May 29, 2020, 11:14:14 AM

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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 fine to buy and hodl bitcoin but let you know, bitcoin has a few possibilities to pump in this year. So maybe you should have to hodl it for too long to get good benefit. Besides etherium is the best choice if you want to hodl altcoins for long term

Nazmul012

full member

Activity: 799

Merit: 100

It's fine to buy and hodl bitcoin but let you know, bitcoin has a few possibilities to pump in this year. So maybe you should have to hodl it for too long to get good benefit. Besides etherium is the best choice if you want to hodl altcoins for long term

sukbir

member

Activity: 122

Merit: 13

🏆Bitcoin is king of Cryptocurrency World.

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.

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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

Here's my list

CRO, LINK, XTZ, OMG, and CRPT. Im holding these coins and earn some money from my passive income.

I can suggest you if that's safe to buy a coin from your list consider those coins were major coins that listed in so many exchange sites and they have the biggest liquidity in the market.

alisonwonder

sr. member

Activity: 882

Merit: 251

Quote from: MikeyVeez on May 29, 2020, 09:34:08 AM

Tell us why you have chosen Litecoin or Bitcoin Cash? Everytime I tell people, personally, ask yourself why would you buy these coins in the future? Do they offer something new, something revolutionary? No. Does Ethereum offer something new? Yes. So here is the question for your answer.

I think saving both coin bitcoin cash and litecoin has a very good potential to get a lot of profit, even though bitcoin cash is better than litecoin but litecoin still has potential, at least if from 100% it can be 70% for bitcoin cash and 30% for litecoin , while for ethereum I still doubt its development.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: mk4 on May 29, 2020, 12:17:27 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.

Well what you said is true that altcoin is better utilized in a short time to trade if it has an increase or potential either, I don't really expect full what they say like the altcoin season I think it will never be there again after seeing circumstances like this because the market has changed and investors no longer trust altcoin as a long-term investment.

Bitcoin is only one of the best coins if you have the intention to hold it for even longer.

numpadxx5

full member

Activity: 431

Merit: 108

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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

I would go for ethereum and bitcoin only for long term, I invested with this coins for a long now. It is the best time to buy this coin the price is very low not like 2017 or 2018. The Ethreum price increases when bitcoin price increase.
I suggest you to do some research first before investing with other coins.

MikeyVeez

full member

Activity: 896

Merit: 102

Tell us why you have chosen Litecoin or Bitcoin Cash? Everytime I tell people, personally, ask yourself why would you buy these coins in the future? Do they offer something new, something revolutionary? No. Does Ethereum offer something new? Yes. So here is the question for your answer.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Kang TB on May 29, 2020, 08:37:04 AM

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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

from your lists above i choose for Ethereum and monero
in my opinion both alts will become the best alts in the future

I don't usually invest in altcoins for long term holding because some of them only become undervalued in the future. I prefer to focus in bitcoin because i think i'm secured with it. But given those altcoins, i think there are more potentials for ethereum and litecoin to grow in the future. Just make a research too so you won't be mislead.

covfefe_

full member

Activity: 948

Merit: 105

Bitcoin Cash: Good community backing and they are more like paid developers than volunteers. Backed by Chinese crypto companies. They get's the world done. Good potential.

Ethereum: Leader in utility token and no real competition till date. Move towards POS would limit it's supply increasing price. Good potential.

Litecoin: Left by initial developer and fragmented community. No future.

Zcash: One of the good privacy centric coins. They do more and make noise less.

Dash: The best masternode privacy focused coin. Don't forget to stake.

Monero: The king of cryptonight.

Kang TB

sr. member

Activity: 1050

Merit: 250

Revolutionizing Reward Points

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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

from your lists above i choose for Ethereum and monero
in my opinion both alts will become the best alts in the future

kynaz

sr. member

Activity: 1078

Merit: 250

http://unidapp.app

Quote from: ethereumhunter on May 29, 2020, 07:42:44 AM

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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 better to buy bitcoin for long term holding because you will see the altcoin will increase and decrease, and sometimes you can panic to see the price go down deeper. Although bitcoin price can go down, the price will go down and back to the last higher price so maybe you can back to make a profit again because sometimes, when bitcoin increase, the price will be more than the last high price.
But if you still want to buy the altcoin, I suggest you buy ethereum, litecoin, bitcoin cash. For dash and monero, hm I am not sure you can try it to buy some amount.

Your portfolio is really good, but don't choose too many altcoins because it can make it harder to manage. I think holding only three coins is enough and have a reasonable investment strategy, and you absolutely can earn high profits. However, it would be best if you also took time to analyze this market because the volatility of the crypto market is difficult to predict and often makes investors panic.

Rubick99

member

Activity: 484

Merit: 11

The first one that you must buy is bitcoin, then another altcoins are litecoin and ethereum. Both ltc and eth already hit the bottom price in last 2 years. I think those alts are good assets for long term hold. Or if you want hold an exchange coin, go for BNB for sure.

semobo

full member

Activity: 1498

Merit: 146

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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

'Ethereum and litecoin could be better mid term investment and you can also add BNB into it, Monero could be a potential altcoin but there are some risks on holding it since the prices are not too much appreciable in the recent past months.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: sukbir on May 28, 2020, 11:38:02 PM

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 better to buy bitcoin for long term holding because you will see the altcoin will increase and decrease, and sometimes you can panic to see the price go down deeper. Although bitcoin price can go down, the price will go down and back to the last higher price so maybe you can back to make a profit again because sometimes, when bitcoin increase, the price will be more than the last high price.
But if you still want to buy the altcoin, I suggest you buy ethereum, litecoin, bitcoin cash. For dash and monero, hm I am not sure you can try it to buy some amount.

minairia3

sr. member

Activity: 1498

Merit: 326

Vave.com - Crypto Casino

Dont trust bitcoin cash their CEO is a dick and their platform totally advocate being centralized which is the reverse goal for Satoshi bitcoin. From your list, maybe I go for ethereum not because its the rank 2 but its the original smart contract platform and has a lot of affiliation on crypto space. Maybe some here are too rigid and close minded when it comes to altcoin but what do they know? They just simply saying lots of things as if they are genius in blockchain.

Investors are not stupid for investing on top altcoins if they gotta fall later on. There is a possibility but everything on crypto has risk too even bitcoin itself.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

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.

Although it is depend on your fund, I'll be prefer to choose one investment but I have at least one coin in the amount. I mean I'll be prefer to buy one bitcoin and forget to choose altcoin comparing I buy 0.1 or 0.2 bitcoin and I choose altcoin.

That is my strategy, you are free to choose as you want as long as you have your own analyst, yeah that is the important thing rather you ask some suggestion to reveal some good altcoins.

cryptothreads

hero member

Activity: 1274

Merit: 500

Quote from: mk4 on May 29, 2020, 12:17:27 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.

I think altcoin should only be a short-term investment, and you should consider selling when you have made enough profit. I am afraid of investing in altcoins because these coins are very risky, and if not careful, you will easily lose money.

Of course, if the altcoin season comes back, then I will tend to invest in altcoin because the altcoin season will bring huge profits for investors if there is a reasonable investment strategy.

Yudhisthir

full member

Activity: 1060

Merit: 103

www.Artemis.co

That would make a great portfolio for a long term investment. Though Bitcoin would be a safer bet, it has no room enough to increase in price at least in this circumstances. The transaction fees and scalability would restrict it below 20K while other coins as are cheaper as well popular with their own use and with smaller fees and better scalability for current volume could increase upto 10 folds in price.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

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.

Topic: Investing in cryptocurrency but which altcoins is good for long term holding? - page 7. (Read 1136 times)