Topic: Long Term Invests - page 30. (Read 6519 times)

Many argue that hodl doesn't work the same way anymore, but one thing for sure, buy on dip and sell on peak. We are in the floor or near to it now. Time to accumulate slowly. We cannot rule out prolong consolidation period. It happened before, so be prepare to invest for the longer term.

Any suggestion what to buy on this bear market for long term investment hold at least 1 year ?

Must have Bitcoin for long term investment. Then can choose something from top 10 coinmarketcap, only then buy some risky altcoins

Nowadays all the coins are declining a lot, I think so many ideas for us to choose which coin we want to buy and keep in the long term, such as Bitcoin Ethereum waves and so on, so I think this is the right time to buy and saved and we will get a big profit.

My advice is still away from the shilled coins on  DYOR. I can tell tell you to buy ICX, XRB, REQ, XLM, TRX, ENG, VEN , ADA. Is that what you want to know? They are basically all near ATH. You have to dig to find coins that aren't pumped and have a real case for using the blockchain.

I would recommend it because bitcoin will always improve itself the best investment for the future.

For a very long time I recommend only Bitcoin and Ethereum

My longterm ALTCOIN picks -ETH. ETV NANO, NAS, GBX, IOST. And it will always be bitcoin

I think that during the falling market we must forget about long-term investment. If the bearish trend continues, then our investments may not bring profit at all. I think that now only a daily trading could be profitable.

BITCOIN INVESTMENT STRATEGY: LONG-TERM (HODL) VS SHORT-TERM (TRADING)

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 - Introduction
From my observations on Reddit, lots of people seem to have undefined or vague goals/investment strategy when it comes to their cryptocurrency investments. I've drawn up this post (quickly) as an attempt to help others devise reasoned and thought out goals and subsequently improve decision-making. I'll cover the characteristics of the long-term (i.e., the hodl) and short-term (i.e., trading) investment strategies, then outline what I personally do.

 - Long-term Strategy
First off, you have the long-term strategy, which is sometimes referred to as 'hodling' (for origins, see here and here. This is where you:

Invest in one-off or regular sums of bitcoin, or other favoured cryptocurrencies.
Secure and hold the investment for a long-term period (e.g., 1+ year), or until another condition is met.
This is the lowest effort and easiest strategy to adopt and is based on the assumption that the price of bitcoin (or your other favoured cryptocurrency) will see a rise in real-value over long-term time periods, for whatever reason. This is despite all the volatility which plagues the marketplace in the short-term. Once you've set yourself up, this is a passive investment strategy.

Despite its simplicity, it shouldn't be goal-less. Consider:

What cryptocurrencies are long-term winners? Amongst these winners, how do you want to allocate your investment(s)?
How are you going to invest? Will it be at specific times (e.g., payday) or when the value of target currencies hits certain boundaries which you consider 'cheap' or 'reasonable'?
What are your conditions for pulling gains out? Is it time-based, or value-based? What percentage, or what fiat value, would you draw out? Or are you intending to hold all of your capital in these cryptocurrencies indefinitely?
Are you prepared to lose all of your investment? If not, what conditions would you force yourself to sell-out (some, or all, of your position)?
Once you answer these questions, you have some semblance of a plan. Great!
You might choose this because you:

Just want to invest in the space in the easiest and simplest manner.
Don't have the time or motivation to invest actively.
Aren't confident in your technical analysis ability (or don't have any).
Have confidence that your investment choices are long-term winners.

 - Short-term Strategy
Then, you have the short-term (i.e., trading) position where you:

Invest sums in bitcoin, or other cryptocurrencies.
Hold the investment for short to medium-term periods (e.g., anything between minutes, hours, or months).
This is the highest effort approach which embraces the volatility of the marketplace, as it offers the opportunity to profit from drastic changes in prices over short to medium time periods. This is the opposite of the long-term strategy I defined above, which looks to evade the short-term volatility.

Some key characteristics (negative first) of this strategy are:

It can require a significant time investment.
It can be stressful if price movements go against your expectations/plans.
Requires some level of technical analysis ability.
Offers an opportunity for high percentage gains quickly.
The primary advantage is, as noted above, the potential for high percentage gains on your investments over short-term periods due to price movements. But, this is at the cost of a higher time investment and (probably) more stress.

If you're taking this approach, goals become even more important. Consider:

What cryptocurrencies have short and medium-term potential? Are there specific criteria which you'll set for any investment you make (e.g., volume, market cap., coin purposes, etc.,)?
What are your conditions for pulling gains out? What percentage of return do you desire when making your investments? Is that realistic?
What are your conditions for accepting losses?
Do you have a daily, weekly, or monthly target for profits? Is this worth your time compared to passive investment?
Defining these ahead of time gives you general guidelines, which you might break or bend under certain circumstances if you see an opportunity.
You might choose this because you:

Are confident in your technical analysis ability.
Want to generate returns quickly.
Have time which you're willing and able to invest - consistently.
Have a decent amount of capital which can be leveraged to generate sizable gains from percentage movements (which make your time-investment worthwhile).
Last Word
I don't think either approach is wrong. What is right depends on your circumstances, motivations, and goals. What's right for one person is the exact opposite of what another should do.

With that said, what's my approach? Put short, I hold about 70% of all my investments passively in currencies that I think, from my own research, have long-term potential and are 'safe' bets. Whatever happens for the next 1-2 years, I won't touch it. With the other 30%, I make short to medium-term bets on coins which are undervalued or volatile. If I think the market is overvalued, I might take everything out and keep it liquid - so that I can take advantage if/when the market corrects. Some people might actively trade all of their assets, but I don't have the inclination or time for that.

I personally follow these tenants:

I don't invest more than I'm willing to completely lose.
I write down my goals, plans, strategies, and targets. This helped me a lot.
I track everything, especially the performance of my active trading against bitcoin's passive performance. If I can't beat the passive performance of bitcoin, then I should just go 100% passive instead. What's the point in getting less reward for more work?
I don't always pull my profits out of winning cryptocurrencies. Instead, I mentally move the profits to my passive allocation and just pull out the initial investment.
I'm willing to adapt my strategy, but only after substantial thought and a mandatory cooling-off period.
Please do share your thoughts, as well as anything I might have missed!

 ***Additional Notes
I strongly recommend that you use a hardware wallet such as the Ledger Nano S or a Trezor for long-term storage of the most popular cryptocurrencies, such as bitcoin. I personally use a Ledger Nano S and think it's 100% worth the money for peace of mind.

I do not have much choice,, Only invest a small amount on eth,, bnb,, ins,, ada and trx,, Are there any other suggestions that I might consider if I have money later,,

Yes those coins you've mentioned are really solid altcoins with strong fundamentals but I suggest you would risk for the altcoins with price of less than $1 just do your own search on them the higher risk the higher reward atleast spend 20% - 10% of your portfolio because when bullrun comes you will be happy I am sure of that.

The same big names in the cryptocurrency world would definitely lead if this was made into a poll. I would say that the best coins to invest for long term include Bitcoin first and foremost. And then of course the second placer in terms of market cap, Ethereum. I would also be including Litecoin in my list. And then I would also include Cardano in my list. It would also be a better long term portfolio if it includes Ethereum Classic, Siacoin, Stratis, and Monero.

The coins that you had mention are profitable, I like the ethereum and neo. Also good for long term invest is bitcoin and price drops dramatically these days is our good chance to buy at this point. Yes I believe these coins are the best for long term hold as for me they had a good future as crypto.

Long term investments, i prefer at the best of all altcoins like ethereum, litecoin, neo, monero, dash and ripple. High opportunities and profits to have and invest at this coins now while it is very affordable at the market. All of this coins are worth hodling despite of cryptocoins are it's dips now but one thing for sure they will regains and bounce back and stands more valuable sooner.

Yes you are right with this one because those altcoins you've mentioned are the coins that has a really big future and really good for long term investment. We can't predict what will happen to them but one thing for sure they are really good.

Thats right but for me I'll be prefer to recognize the btc and eth token, although its big value for its value but in time to time there are profitable at the end. I'd rather choose those alt who's in the line with a trusted one and more valuable so that in future we can have more as we know if the alt is live tgen it will roll to the future with a high value as if the alt will organized flawlessly.

For me it we should invest in a long period of time, choose the most is bitcoin. All alternative coins are good and have potential, it depends to you how your going to invest it. If you make a long term of investment, make sure that you are ready to take a risk.

good to buy and keep the most ideal is BTC and ETH taking into account the market downturn that has been very strong in recent months and there is much uncertainty