Suggestions for Long-Term Investment - page 11.

TelolettOm

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

XRP, TRX, and other similar currencies,

What are other similar currencies?
If we are talking about long-term investment, I will prefer to choose Bitcoin again for the long term, at least 4 and more years.
This is based on what happened right now, we can see the significant increase of Bitcoin so far, experiencing more new ATH during this bullish era although right now the price still hits low.

And about and XRP, we know that they are also top coins. But, I am not sure that I will pick them for long-term investment. It still offers higher risks than Bitcoin.
And moreover we know how the problem of XRP previously, it becomes also one of my considerations. Maybe there will be other problems again in the future.

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Quote from: Johnyz on July 15, 2021, 05:45:07 PM

Quote from: indah rezqi on July 15, 2021, 12:30:39 PM

Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

If you are serious about investing activity, it is better if you use $10,000 to buy ETH. Not that XRP, TRX coins are not good. In my opinion, ETH is more secure and the average person who invests in Cryptocurrency, prefers ETH coins. But it all depends on you.

Don't go all in, you have more options as much as possible but no doubt about the goodness of ETH and we know, it will become more expensive in long term. If you are into investments and only plans to hold and sell later on, your top priority should be BTC, ETH and BNB for me those are the most valuable crypto today that keeps on growing, TRX is also good but it's quiet slower than expected before.

BTC and ETH are good enough for your portfolio but don't start investing them in a big amount, otherwise, you won't recover once it fails. Just invest on the amount you can manage to lose.

Just make your own research dude. You will not gone wrong if you are your own choice because you believe it from your own point of view. And if ever you fail, i know you will be wiser next time you invest.

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Quote from: indah rezqi on July 15, 2021, 12:30:39 PM

Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

If you are serious about investing activity, it is better if you use $10,000 to buy ETH. Not that XRP, TRX coins are not good. In my opinion, ETH is more secure and the average person who invests in Cryptocurrency, prefers ETH coins. But it all depends on you.

Don't go all in, you have more options as much as possible but no doubt about the goodness of ETH and we know, it will become more expensive in long term. If you are into investments and only plans to hold and sell later on, your top priority should be BTC, ETH and BNB for me those are the most valuable crypto today that keeps on growing, TRX is also good but it's quiet slower than expected before.

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Quote from: aylabadia05 on July 15, 2021, 12:23:15 PM

Quote from: blockman on July 14, 2021, 02:41:25 PM

Instead of those altcoins, I highly recommend putting that in bitcoin and ethereum. There's more future to these coins but as long as you know where you are investing, that's much better because you don't rely on someone's decision. We all have our own style of investing and preference in choosing cryptocurrencies that we think that will fit our taste and will yield us profits so if your preferred are the ones that OP suggested do it but I'm telling what's mostly are investing to.

Right mate. I agree. Instead of investing in obscure coins, it is better if you venture to invest in more accurate coins like ETH. However, I recommend XRP and Top 10 coins to my friend, the account owner (Ayub83).

XRP is having trouble with regulation and is battling with SEC towards their issue. I don't recommend holding that coin but no one stops them to keep on working on their coin and with its transactions. I would just go with stronger coins that has been said and that's Eth.
It's been tested and is one of the best coins in the market and that's why I wouldn't go with other altcoins that I don't like. I only stay to those that I like.

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Quote from: Davian144 on July 15, 2021, 12:52:41 PM

Quote from: breathlessz on July 15, 2021, 09:21:09 AM

the most important thing to hold in the long term I think is just to be mentally prepared and don't be greedy to take profits. seems very easy to sound, but if we see price fluctuations it can disturb our mental. therefore we must be able to control emotions so that we focus on the initial goal when we start investing

It's just a technical and way to work in investment, but for a more accurate purpose here is to be able to choose good coins to place on the investment that we want to run, so that we can get some profit, regardless of the size of the big or small.

Short time leads massive profits but long time lead passive income. If you choose good coin to place on the investment things big. Every successful trader has been through hard time in their lives. Those trust over crypto cycle they should hold.

Davian144

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Quote from: breathlessz on July 15, 2021, 09:21:09 AM

the most important thing to hold in the long term I think is just to be mentally prepared and don't be greedy to take profits. seems very easy to sound, but if we see price fluctuations it can disturb our mental. therefore we must be able to control emotions so that we focus on the initial goal when we start investing

It's just a technical and way to work in investment, but for a more accurate purpose here is to be able to choose good coins to place on the investment that we want to run, so that we can get some profit, regardless of the size of the big or small.

agg2702

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I think you should do your own research on this because it's possible so if other people think it's good you don't necessarily think it's good because basically everyone has their own judgment and you have to do research for that.
besides that this can also be a lesson because basically we often see people here just following other people, especially to billionaires and hoping that there will be so many pumps, but he doesn't learn from the mistakes that have happened.
they don't see the impact that happens after the pump ends and gets a loss.
so do your own research but the research should be on coins that if you think are good at least rank 100 in CMC because I think ranking 100 cmc is very potential to be used as investment material.

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Quote from: indah rezqi on July 15, 2021, 12:30:39 PM

Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

If you are serious about investing activity, it is better if you use $10,000 to buy ETH. Not that XRP, TRX coins are not good. In my opinion, ETH is more secure and the average person who invests in Cryptocurrency, prefers ETH coins. But it all depends on you.

better to diversify our assets it we would buy coins worth of $10k , its huge money amount and we have to carefuly decided . Dont ever trapped in Hype of Fomo , always make double check before we decided to invest . Beside existing major project , we could looking for hidden gem that suitable for long term investors.

indah rezqi

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

If you are serious about investing activity, it is better if you use $10,000 to buy ETH. Not that XRP, TRX coins are not good. In my opinion, ETH is more secure and the average person who invests in Cryptocurrency, prefers ETH coins. But it all depends on you.

aylabadia05

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Quote from: blockman on July 14, 2021, 02:41:25 PM

Instead of those altcoins, I highly recommend putting that in bitcoin and ethereum. There's more future to these coins but as long as you know where you are investing, that's much better because you don't rely on someone's decision. We all have our own style of investing and preference in choosing cryptocurrencies that we think that will fit our taste and will yield us profits so if your preferred are the ones that OP suggested do it but I'm telling what's mostly are investing to.

Right mate. I agree. Instead of investing in obscure coins, it is better if you venture to invest in more accurate coins like ETH. However, I recommend XRP and Top 10 coins to my friend, the account owner (Ayub83).

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Quote from: breathlessz on July 15, 2021, 09:21:09 AM

the most important thing to hold in the long term I think is just to be mentally prepared and don't be greedy to take profits. seems very easy to sound, but if we see price fluctuations it can disturb our mental. therefore we must be able to control emotions so that we focus on the initial goal when we start investing

therefore in trading or long-term investment, the most important thing is psychological maturity. we can do good planning and analysis, but if what is in our psychology is not strong. then all can be useless. because panic and greed are actually the main enemies of a trader and investor who is on the way to maturity.

Ararbermas

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

actually they're a good option when it comes long term. But for me except this two assets there is still a lot of good and trusted project in the market to rely than this two, for example binance and ADA.. Indeed XRP and TRX are not that good these year unlike other top coin .. But probably there's a chance for next year. So if i were if you're really interested in it i suggest to add those coin what I've mentioned as well because for sure you can make a good profits afterwards.. Infact $10k is too big to invest, so much better to divide it incase what will happen in the future.

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Quote from: lepbagong on July 15, 2021, 06:55:28 AM

Quote from: ?? on ??

I think the bitcoin is the best long-term investment in the crypto, because BTC has very good potential besides that BTC also has a limited supply, so over time the price increases due to increasing the market demand,

until now indeed we have to admit that bitcoin is the best long-term investment (at a certain time, there are even trying to trade daily and quite promising).
because it is true what you say that every 4 years (Halving) there will be a reduction and at that time there will be a very attractive potential. because there is a decrease in supply but demand increases, causing a fairly high price. although it is possible that there are also many good altcoins that can also be used as investments, because currently there are many potential new altcoins growing.

the most important thing to hold in the long term I think is just to be mentally prepared and don't be greedy to take profits. seems very easy to sound, but if we see price fluctuations it can disturb our mental. therefore we must be able to control emotions so that we focus on the initial goal when we start investing

ipanks

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Quote from: 19Nov16 on July 14, 2021, 11:52:40 PM

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Simple. Bitcoin is fairly safe and stable. Not a financial advice.

There is no doubt that bitcoin and top 10 ranking are stable and profitable coins, I started investing in bitcoin when the price was $220 in 2015 and never lost when selling, always make bitcoin the first priority is a very good and promising thing than other types of investment .

When investing in bitcoin, we should know the time to sell to make a profit and buy back if the price is down. Bitcoin will be the main investment and we can use altcoin for the additional investment. But I am not sure if the altcoin can be a long-term investment as the altcoin will follow bitcoin price moves. If he wants to have a long-term investment, bitcoin will be his first choice and not altcoin because the altcoin can profit in the short term. So when the altcoin price increase in the short term, he can sell it and wait for the next moment to buy at a low price.

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Quote from: ?? on ??

I think the bitcoin is the best long-term investment in the crypto, because BTC has very good potential besides that BTC also has a limited supply, so over time the price increases due to increasing the market demand,

until now indeed we have to admit that bitcoin is the best long-term investment (at a certain time, there are even trying to trade daily and quite promising).
because it is true what you say that every 4 years (Halving) there will be a reduction and at that time there will be a very attractive potential. because there is a decrease in supply but demand increases, causing a fairly high price. although it is possible that there are also many good altcoins that can also be used as investments, because currently there are many potential new altcoins growing.

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

Looks like you want to invest for such a long time. then my advice is to consider at least to choose from the top 20 coins in the market which will need you to also invest your time to try to research about their recent development and roadmaps. As long as you dedicate your time to do those thongs, the probability of getting the right coins is quite high. unlike those people who randomly choose some coins to invest their money with, they often lose all their capital after several months. XRP and TRX are not a bad ideas though you also find some opportunity on the other top altcoins in the market as well.

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Quote from: Liamttw on July 15, 2021, 01:31:11 AM

Bitcoin is the mainstream currency among cryptocurrencies and has a long development time. Its scarcity will make it have great potential for appreciation.
Eth is also a relatively stable and potential currency. It has introduced smart contract technology and is widely used.

Remember,,, scarcity is a great concept but it is actually the deflationary nature of Bitcoin combined with perceived scarcity that makes it work. I think if you look at the majority of altcoins in this space almost all of them are "scarce" but almost all of them have no deflationary measure.

Scarcity alone is not what to look for. Tokens are not scarce:) This is just the "illussion".

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

well, if i have that kind of money i might go for ethereum and BNB. maybe you can earn big from owning TRX or XRP. however, I think the enormous potential still exists in BNB or ethereum. if you are looking for a long term, then these two coins are the main choice.

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

It's funny that you list XRP and TRX as good currencies in your statement Roll Eyes

. XRP is basically a centralized currency which is the complete opposite of everything that cryptocurrencies as a whole should stand for, being decentralized and give back power and control to normal people. Tron is basically also a meme-coin that is slowly but surely losing significance as there are now new ETH competitors like Cosmos, Polkadot and Solana. All of them are newer than tron but still managed to have already more projects running on their ecosystems then Tron has.
It's true though that in a bear market it is a good opportunity to buy some good and established coins that are just to expensive during a bull run but my picks for that would definitely not be XRP and TRX.

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Quote from: Ayub83 on July 14, 2021, 08:04:26 AM

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

its really a big missed for you to invest in that amount of money for those coins XRP and TRX in a long term run compared to those coins like BNB, BTC and ETH that has a big opportunity to make a big profit.

Topic: Suggestions for Long-Term Investment - page 11. (Read 2603 times)