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Topic: Static Currency - Five Years? (Read 697 times)

sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
November 12, 2019, 08:52:23 AM
#67
I think that it is quite possible to invest in Bitcoin and wait for 5 years to make a profit. After 5 years, Bitcoin will not have time to disappear because it has not even started to develop.
this is now one of the most correct strategies used by large players and smart investors. in addition, they use any tools to increase the amount of bitcoin in their portfolio
legendary
Activity: 2982
Merit: 1028
November 12, 2019, 06:44:09 AM
#66
If that such amount is a spare money, if I already have lots of it then I can go and aimed for long term investment and sets my plans. Everything depends from each opinions coming from investors who have that money. The amount of money will be the deciding factor if how will look for the
future. Many believes that if you will invest with bitcoin in such long period of time you'll be able to maximize the profits, It's up to your good research and patience to keep holding.
member
Activity: 700
Merit: 10
November 12, 2019, 05:33:40 AM
#65
Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?

You hope that, after 5 years or longer, the price of the currency will go very high.

Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?

At present, there are some coins that I hope to keep for the long term, at least 3 years. There are several choices of coins that can be used as an investment and if I think the coins have a good project and a solid team, I will be patient to hold them in the long run
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
November 12, 2019, 05:13:35 AM
#64
You have to admit that the value of each currency is constantly changing and unfortunately, it isn't changing for the better, what I can purchase with $10,000 now isn't what I would be able to purchase with $10,000 in the future, infact it's somewhere around lesser in the future calculating with the number of things I can buy with it, so keeping $10,000 static for 5 whole years definitely even somethig i can do or even something I would ever consider doing.
jr. member
Activity: 32
Merit: 1
November 12, 2019, 05:02:02 AM
#63
By using the word static, it means even after 5 years of waiting the fund will still be 10k without any increase. Static currency in crypto can also be refer to stablecoin and their usefulness is for hedging against volatility. If you are looking for a coin worth buying which you will leave for 5 years, I advise you to check Bitcoin out.
newbie
Activity: 31
Merit: 0
November 12, 2019, 02:10:54 AM
#62
I think that it is quite possible to invest in Bitcoin and wait for 5 years to make a profit. After 5 years, Bitcoin will not have time to disappear because it has not even started to develop.
sr. member
Activity: 1526
Merit: 251
October 03, 2019, 06:30:21 PM
#61
of course everyone is different, if I have 10k I will save it on bitcoin.
if the time period is 5 years, because only bitcoin has survived for 1 decade.
but if the numbers are short maybe I will also invest in altcoin. Well of course, if it's not profitable I will find which coins can make a profit.
full member
Activity: 1120
Merit: 101
October 03, 2019, 12:11:58 PM
#60
Do you think the price of such currency will rise, then? and what if it remains as static as possible? ;)it's stagnation when you're on one spot.
in 5 years no one will just stop without moving. You certainly know the nature of crypto, but if you invest in a long time it will be very risky because the market movement occurs very quickly. in 5 years anything can happen, maybe profit or loss.
full member
Activity: 482
Merit: 117
October 03, 2019, 11:59:23 AM
#59
Do you think the price of such currency will rise, then? and what if it remains as static as possible? ;)it's stagnation when you're on one spot.
member
Activity: 672
Merit: 29
September 19, 2019, 05:57:12 AM
#58
You can invest in a project and decide to sell it off next few months once there's a huge price movement. It's not about hodling up to 5yrs. Motive of investing in a project is to make profit at any given time
jr. member
Activity: 368
Merit: 2
September 17, 2019, 02:59:45 PM
#57
I guess you are just making mere hypothetical statement. But there is nothing like static cryptocurrency when you think of cryptocurrencies, each coin has its bad and good times. Moreover, anyone who wants to invest in crypto  wants to make profit whether on the short or long term basis hence they would always move with the coin which is making progress.
member
Activity: 845
Merit: 52
September 17, 2019, 02:56:07 PM
#56
For altoins that all are saying "sleeping giant" I won't put that much on it, I will rather invest in bitcoin and profitable altcoins and will see the static altcoin in 5years and will decide what to do with it. All these, from experience it's safer to leave your money than in new projects that promise going to space and will bring back freedom for holders.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
September 17, 2019, 02:28:29 PM
#55
I think it’s worth revising your option if all the coins go up and yours go down. Since on such a long-term, many projects with an unscrupulous team will be eliminated. I don’t even know what it is possible to choose for 5 years, looking at the screenshots of coinmarketcap many years ago, I want to trust only xrp, ltc, btc.
I think there will be new coins that can be trusted as much as the ones you are talking about. but now it’s not clear what kind of coins it will be
full member
Activity: 532
Merit: 108
September 17, 2019, 02:10:31 PM
#54
I think it’s worth revising your option if all the coins go up and yours go down. Since on such a long-term, many projects with an unscrupulous team will be eliminated. I don’t even know what it is possible to choose for 5 years, looking at the screenshots of coinmarketcap many years ago, I want to trust only xrp, ltc, btc.
legendary
Activity: 2464
Merit: 1102
July 23, 2019, 03:19:22 AM
#53
This is not possible; no currency stays stagnant for that long. Even if it is so, you shouldn’t invest in it. Rather I would invest in something more dynamic and moving like the BTC or ETH so that I can make more money by investing those 10k and after five years you will have a decent profit plus the money you started with. In static one, you will have exactly the same amount left after five years minus the profit.
He question is what will exactly make the coin static for that long, because if the project that produced such coin is really a working project, then it is impossible for the value to remain same for that long. Any coin that has even been static for 2 years should already be considered as a dead coin, because it shows that there is no demand for such coins again.

What make the value of a coin fluctuates; it is when demand and supply plays its role in the system. People must have need for it and then demand, while those who are capable of supplying it does so, so for a coin to remain static, then there is absolute zero demand for it, the only static coins I have seen is stable which we know that it is what they were created for already and they service their purpose.
full member
Activity: 353
Merit: 108
July 17, 2019, 01:40:43 AM
#52
This is not possible; no currency stays stagnant for that long. Even if it is so, you shouldn’t invest in it. Rather I would invest in something more dynamic and moving like the BTC or ETH so that I can make more money by investing those 10k and after five years you will have a decent profit plus the money you started with. In static one, you will have exactly the same amount left after five years minus the profit.
full member
Activity: 482
Merit: 117
June 11, 2019, 03:54:38 PM
#51
I don’t think there is a point in storing and investing in a static currency. Your money will be stagnant, you wouldn’t make any progress or money, and five years is a very long time   So better it’s not to invest in something that will remain static for next five years because after that period, your money will be the same, and you will be standing nowhere.
legendary
Activity: 2380
Merit: 1150
June 11, 2019, 12:52:22 AM
#50
I think it's hard for people to save their money that much in cryptocurrency except traders and it's not a holder. Too many people have fallen and are frustrated affected by the decline of bitcoin and eth last year and not a little money is lost.is there anyone who thinks?
You are right, the system of cryptocurrency is still quite not that perfect for reserve yet, but I believe we will get there. The so called USDT have also failed in their own part too, which makes it unreliable. So if anyone wishes to still try any coin for reserve, it will still be Bitcoin, just that one has to be sure that the time of making such reserve is when the price of Bitcoin is extremely low, and not at peak.

It is better to save our funds in Bitcoin when the value is very low, so that as it grows, it will be like getting interest for keeping money is a safe place. Which we all know that the interest we get in Bitcoin savings can never be compared to that of the one offered to us from a traditional bank.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
June 08, 2019, 01:57:28 AM
#49
now even though the market conditions have started static. but there are still many who still doubt the crypto currency. maybe there are still many people who are still traumatized by the red market two years ago. so the conclusion might be that the dicrypto people already have a lot of activity outside of crypto but that is for those who are impatient.
No matter the activities they get engaged to outside crypto, it can still never be as gainful as what they will get from cryptocurrency, some of the people that feel they lost their investment in the last red market where mostly the cause of the misfortune that befell them, because greed is what was their problem.

Bitcoin had already given them enough profit at a certain stage and also with a sign of pull back, but because they needed something that will get them fast and huge money, they failed to pull back before Bitcoin, believing in future figure that was never going to be a reality then. So what I expected was for them to have learnt from their mistake instead of quitting and use it to amend.
member
Activity: 442
Merit: 10
June 06, 2019, 06:48:43 AM
#48
Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?

You hope that, after 5 years or longer, the price of the currency will go very high.

Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
No, I will not do so. 5 years is a long time, if I have $ 10,000 I will not invest in a static coin and wait for it. Instead I will invest in the top 10 coins on the coinmacketcap. And try trading it daily
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