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Topic: The Best Coin To Purchase For a 1+ year hold? - page 4. (Read 3996 times)

sr. member
Activity: 281
Merit: 250
bitcoin 2.0 version coins
sr. member
Activity: 262
Merit: 250
Now that's a toughie...I'd have to suggest DOGE, because its community is unkillable. The remarks about it being a "cult" just shows you its staying power and grit.

But whatever coin you pick...I seriously suggest a monthly dollar-cost-averaging plan. It's the only way you can reasonably cope with price volatility.

Yeah, I just do not know if DOGE will really rise in value...I just believe that while blockchain will continue to live, Bitcoin may not, and no one wants to miss the next wave of wealth distribution lol

Okay. I've got another one for you if you're more of a tech-head: Nxt. It's "the" Crypto 2.0 altcoin. Rapid innovations, huge development team, lots of services built on it. Not much in terms of revenue streams for these services, as yet, but if crypto takes off again Nxt will rise hugely.

The trouble is, you specified "one year" and Nxt may still be grinding away in its long-term trading range a year from now. If you're willing to lengthen your time horizon to (say) two or three years, Nxt is the way to go.

If there's any downside to Nxt, its the drawbacks of its tech-centered culture. They've put marketing and evangelizing on the back burner, it seems. There's nothing wrong with that, but it does imply that Nxt will take a long time before it really takes off.  

I have been involved in cryptos for a while (you can see my twitter), I've ran my own trading group, worked with devs etc. I think the sentiment in the altcoin market is shot, so now I would like to not deal with all of the BS and focus on 3-4 coins that deserve my money for the long haul. NXT is super cool, so is NHZ, but NXT is bigger. I will consider it more.

And yes, I do not mean 1 year to the dot, 2 years is fine, even 3. I mean 1+ years
legendary
Activity: 2044
Merit: 1005
bitshares or syscoin
legendary
Activity: 924
Merit: 1000
doge doesn't bring anything, don't invest in a meme ffs

hahaha I know, I have been having this dilemma for a very long time, but the community and acceptance is somewhat undeniable...

It is possible that in the long future, people will slowly forget about the meme, and the coin itself will prevail, then it will be just a funny story of how it got its name

That's one of the points I hinted at. It's kind-of funny seeing the crew around here repeat the mantra that "cryptocurrency is for use" and then turn around and sneer at the shibe community. If Dogecoin has one compelling feature, it's the fact that DOGE is already a "cryptocurrency for use."
legendary
Activity: 924
Merit: 1000
Now that's a toughie...I'd have to suggest DOGE, because its community is unkillable. The remarks about it being a "cult" just shows you its staying power and grit.

But whatever coin you pick...I seriously suggest a monthly dollar-cost-averaging plan. It's the only way you can reasonably cope with price volatility.

Yeah, I just do not know if DOGE will really rise in value...I just believe that while blockchain will continue to live, Bitcoin may not, and no one wants to miss the next wave of wealth distribution lol

Okay. I've got another one for you if you're more of a tech-head: Nxt. It's "the" Crypto 2.0 altcoin. Rapid innovations, huge development team, lots of services built on it. Not much in terms of revenue streams for these services, as yet, but if crypto takes off again Nxt will rise hugely.

The trouble is, you specified "one year" and Nxt may still be grinding away in its long-term trading range a year from now. If you're willing to lengthen your time horizon to (say) two or three years, Nxt is the way to go.

If there's any downside to Nxt, its the drawbacks of its tech-centered culture. They've put marketing and evangelizing on the back burner, it seems. There's nothing wrong with that, but it does imply that Nxt will take a long time before it really takes off. 
sr. member
Activity: 262
Merit: 250
doge doesn't bring anything, don't invest in a meme ffs

hahaha I know, I have been having this dilemma for a very long time, but the community and acceptance is somewhat undeniable...

It is possible that in the long future, people will slowly forget about the meme, and the coin itself will prevail, then it will be just a funny story of how it got its name
sr. member
Activity: 456
Merit: 250
doge doesn't bring anything, don't invest in a meme ffs
sr. member
Activity: 262
Merit: 250
Now that's a toughie...I'd have to suggest DOGE, because its community is unkillable. The remarks about it being a "cult" just shows you its staying power and grit.

But whatever coin you pick...I seriously suggest a monthly dollar-cost-averaging plan. It's the only way you can reasonably cope with price volatility.

Yeah, I just do not know if DOGE will really rise in value...I just believe that while blockchain will continue to live, Bitcoin may not, and no one wants to miss the next wave of wealth distribution lol
legendary
Activity: 924
Merit: 1000
Now that's a toughie...I'd have to suggest DOGE, because its community is unkillable. The remarks about it being a "cult" just shows you its staying power and grit.

But whatever coin you pick...I seriously suggest a monthly dollar-cost-averaging plan. It's the only way you can reasonably cope with price volatility.
sr. member
Activity: 262
Merit: 250
In your opinion, what is the best coin to seriously invest in long term?

(example: DOGE, DRK, XRP, Ethereum, BC, etc...)

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