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Topic: Long Term Investment Suggestion - page 20. (Read 3547 times)

legendary
Activity: 3122
Merit: 1398
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July 30, 2021, 01:20:20 AM
#12
As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin

If that's your suggestion then so be it. I like the positivity but don't expect too much as it might give you stress. Just try to balance and consider adding other coins for diversification purposes.

That's the reason why I don't like to mention some coins on my portfolio since I like everyone to research based on what they looked at in the market.

Just because we saw others getting profit on their list, it doesn't mean we will have the same result.
hero member
Activity: 2002
Merit: 578
July 30, 2021, 01:14:11 AM
#11
As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin
There are no guarantees about such bold prediction to be honest it's pure speculation in its sense. Most coins have fall since May but no one can predict what will have the higher profit in the long run remember these coins are still consider shitcoins. At least make some statement on why you choose these coins in the first place.
hero member
Activity: 2870
Merit: 642
July 30, 2021, 12:58:37 AM
#10
I like it better to put a higher percentage of capital with Bitcoin and Ethereum.
These altcoin goes higher when those two main coins pump up.
Also, there is like a grace period when a dump happens. Alts tend to drop instantly while BTC and ETH do it slower.
You can have some time to save your investment for the short run but if you do prefer long terms I'd still proceed with the better choice with low risk which I had already named.
hero member
Activity: 2786
Merit: 578
July 29, 2021, 08:00:56 PM
#9
Buy bitcoin.

This is the best recommendation that you will here from everyone if you're really for the long term. You're at the right hands if you're going to choose bitcoin before any other altcoins.

It's a saver for everyone's portfolio when most alts are down.
hero member
Activity: 2716
Merit: 588
July 29, 2021, 07:59:25 PM
#8
Correct me if I'm wrong, but your thesis is pretty much "buy these projects because they fell in price"?

At the very least at less tell us why you chose these coins in the first place. Because these are definitely not the only coins that dropped in price.

I have the feeling that the OP is a holder of Cake. Usual strategy of those holders that want to attract others to buy the coin they are holding.
Better follow your own instincts and not follow someone else's advice as most of the time they are holder of the coin or token they are promoting.
Cake is promising but you also need to assess your options on your own. Long term investment requires patience along the way.
Because once it is going down, panic will always be there if you have no strong belief on the project.
legendary
Activity: 2366
Merit: 1206
July 29, 2021, 07:56:42 PM
#7
Not all these coins mentioned above have the potential to gain profit in a long run.  Trust me, altcoins didn't deserve to hold for a long run targeting profit otherwise, Bitcoin has a better potential than these.  If you are willing to put a risk on these coins, it might it's just a matter of months because it seems one of those coins mentioned above was in a pump and dump.

Have you not notice that all altcoins prices will swing based on the moving direction of Bitcoin?
So potentially here that could give a guaranteed profit is only Bitcoin, but always remember that Bitcoin doesn't promise anyone to have a quick rich in just a single snap.  Just try to extend your patience and wait for a better profit, not those altcoins.
hero member
Activity: 2842
Merit: 641
https://duelbits.com/
July 29, 2021, 01:50:41 PM
#6
I'm not sure about the high margin of return, obviously all better than BTC and ETH in the long run.
When a bullrun occurs which is the highest profit margin, bitcoin or cake and dot? I think it will not exceed bitcoin and certainly altcoins will definitely have a hard time when the bears come and this is only reassuring for stakings who want to get cake from their exchange.

Choose a coin that has high potential properly in the future cake and dot will only follow in the footsteps of bitcoin that will fly.
I think that's too many bags to put in with $5k just for altcoins.
mk4
legendary
Activity: 2716
Merit: 3817
Paldo.io 🤖
July 29, 2021, 11:34:22 AM
#5
Correct me if I'm wrong, but your thesis is pretty much "buy these projects because they fell in price"?

At the very least at less tell us why you chose these coins in the first place. Because these are definitely not the only coins that dropped in price.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
July 29, 2021, 11:30:03 AM
#4
... like out of 100% investment, it is good to have 70% on bitcoin and the remaining 30% on altcoins for altcoins.

Only invest in altcoins if you're going to be able to keep track of them quite easily. If you're not, you might neglect to find out they've become insecure or something...



Until the end of the bullrun, bitcoin is going to be the best asset. At the time of the crash, alts will pick up dominance but probably only for around a month and you'll end up having to time it probably.

I wouldn't buy any alts also until eth slides back to below 0.03-0.04btc.

All of this is provided based on previous performance, and while it's not the best tracker and can fail - it's normally a pretty good place to start.
sr. member
Activity: 1582
Merit: 253
July 29, 2021, 11:12:57 AM
#3
As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin

It is easy to claim such thing but do you have any proof? You know, it's not easy to convince other to spend $5,000 into something without giving good explanation on why they should buy that certain coin, you just give them promises without any proof.
hero member
Activity: 2646
Merit: 713
Nothing lasts forever
July 29, 2021, 11:27:59 AM
#3
As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin

Whether or not the coins return high profit or not if you are planning to invest in any coin for a long term then you should make sure that the coin is potential.
You must do a thorough research on the project and the team to make sure you are investing your money in a good platform.
Even I have invested in one of the coins mentioned in your post and planning to hold it for the long term.
legendary
Activity: 1638
Merit: 1156
July 29, 2021, 10:57:28 AM
#2
If you those coin for long term obviously you'll loss since altcoin isn't good for long term investment, Bitcoin will perform better in the long run.

According to the chart, seems cake and dot could bring some profit for short term trade in current condition... while sol is pure pump and dump shitcoin.
Note : this is not financial advice
jr. member
Activity: 182
Merit: 1
July 29, 2021, 10:45:42 AM
#1
As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin
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