To keep coin long term - page 3. | Bitcointalksearch.org

tvplus006

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To the Moon

Quote from: Oshosondy on April 28, 2021, 02:16:13 AM

Quote from: mk4 on April 28, 2021, 02:10:43 AM

This is mainly a bitcoin forum, so the answer would be pretty obvious.

Just a correction, advice about investing in bitcoin is not about this forum being a bitcoin forum, it is just about bitcoin being an asset, that if we invest today, we will gain after a while.

There are a large number of altcoins on the market, and investing in them can bring a profit hundreds of times more than what BTC can bring. But the risks of investing for a long period of time are also very high. It is for this reason that investors choose bitcoin and other top altcoins for a long-term hold.

Altcoinsintel

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

Sadly you will find out soon that prices are inflated and maybe you will start having profit but eventually "coins" will draw back and reach prices they had before the pump. This will be the dump phase, and you should be getting ready to dump and not thinking about long term hodl. There are so many examples of investors losing their money having invested in what they thought was "top" projects with "strong" teams.

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

The best coin to hold for the long term is only bitcoin because bitcoin is the leader in the crypto market. But it is difficult to know which altcoin will be good to hold for the long term because we have so many altcoins that almost all of them can increase in the long term. I can only suggest you hold altcoin for the short and medium term so when you see the price increase, you need to sell it and wait for some time to buy back the coin at a low price.

virasisog

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Most people will advice their preferred coin. DYOR it is the best way to determine what coin do you think has a huge long-term potential. Investing in new coins is risky since most are pumped and dumped once listed. There are a lot of coins there with good use case, active team and great partnership with huge companies.

Amejoaquim

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If you're looking for safe investment then just go buy big coins in top 5 CMC.

But if you dare to take more risk, then you should find another good alts with small marketcap which is like arpa, bake or many others good coins with small market cap.

Bitstar_coin

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We can only suggest some that are top in cmc to you but it is left for you to dyor before making an attempt to buy, always do research, understand the positive and negative aspect then decide,
If you are looking long term as a newbie in crypto I would suggest btc, eth bnb, maybe some xrp and ada depending on your wallet, this are top and trusted coins to buy for long term, good luck.

xianbits

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

Welcome, newbie. Actually, you will be able to decide it yourself as you go along on this journey. You will learn things as you go by and with that learnings, you will then be able to answer your question. Well, considering their answers here is good but not everything will work for you.

jerrison

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I can only but say to you that the industry is made for those who know what patience means. Investors who consider the crypto space as one that is worthy of their investment should properly understand the term HOLD as it is key to making profit. You have to HOLD coins for them to appreciate before you take profit.

Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

beerlover

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

I understand your first question like what are the things we need to do for keeping a coin for long-term, right?
I guess we need to invest only what we are having as a surplus fund; it means you should not invest your committed money; because you're going to lock your investment for years so you should not expect any returns or exiting before reaching targeted price levels. More importantly you should invest only your affordable level of money which means even your investment turns negative then you should not worry about that.

Bitcoin must be the best one for for long-term holding plans. If you are investing your non-committed money and you are able to wait for years then you can easily get 10x returns for your money. There are some other altcoins are there as well but I'm sure none of them could beat bitcoins in terms of high returns.

Rampagoe004

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To invest in bitcoin and altcoins in the long term of course we have to research for ourselves how the development of the coin is suitable for us to invest because in investing we must have our own confidence because the risks we face are very large, investing in the long term we have to choose a coin that has high potential so that later we do not suffer big losses, then bitcoin, ethreum and BNB are the best options for now.

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

If I can give you suggestion for long term investment, I think you should invest on Bitcoin, Ethereum, Binance, XRP.
I think Ethereum will be huge in the future, but for now Bitcoin is decreasing in price, so maybe you can invest on it to gain profit in the future.

finaleshot2016

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

The number 1 altcoin that can be kept forever is ADA - Cardano.

Why? there's a lot of investors and it is one of the top cryptocurrencies with a huge trading volume. If you check their roadmap, Cardano is very promising as it will compete with other blockchains and definitely, DeFi craze will also start whenever it's accessible right now. It has also a scalability solution that the other blockchains are experiencing.

The price is still 1.40$, buy it now before it becomes 10$ or 100$ like BNB!

aprilnot

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

The only coins that are eligible for a long-term hold are bitcoins. but if you want to take a little risk you can invest in big altcoins like etherum, bnb, polkadot, cardano, litecoin, monero, and others. in fact coins with a large market cap are all worth investing in the long term. live how you judge but always look at what trends are popular, like currently ethereum may be profitable but the situation is less favorable to investing. On the other hand, the BNB is more profitable because it is popular.

iTradeChips

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Well, if you are going to ask me about holding coins long term, I think I only have 2 words that would describe my experience with long term holding coins. That would be patience and research. We all have this desire to be financially independent and many have been counting on their cryptocurrency investments. Their attempts will be futile if they do not have the patience and the proper research of the coins they are trying to invest with. Some say you must have the proper mental capability of waiting and not getting affected with the ups and downs of trading and I think they are correct.

Psynthax

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Long term? bitcoin and any other major altcoins that are still top 5, they are really good for long term as long as when you buy it you're not buying it at too high of a price or maybe wait until there's some dump and buy at the dips. See these coins price chart from the day they was created until right now you'll know what I mean. Meanwhile other coins that are below top 5? there's some that actually are hidden gems but to find it you need to make thorough analyzation as well as making sure you know the risk involving holding these coins.
But tbh, with eth for example, you can stake it or become validator if you have the money, it could double the profit you may get in the future, then again it depends on your preferences. Just choose whatever fits you and your vision.

Adar Korin

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It wouldn't hurt to get some paper wallets for a few alts coins and bitcoin and drop $100 on each then put them away for a couple of years then see how they are going. (You can always top up with $100 at a time into each of them in turn).

bitkanu

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You must go for the top-tier coins. that will give you a guarantee for long-term investment. You can try to pick some coins like bitcoin, finance, ethereum, XRP, and all of top 10 CMC.
That will be the best choice for you consider when you wanna hold it for the long term and you will need a liquid asset that
I think that others will also give suggestions to pick the major coins.

yazher

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Quote from: Coin_trader on April 28, 2021, 06:32:27 PM

Quote from: Charles-Tim on April 28, 2021, 02:04:32 AM

Quote from: dansus021 on April 28, 2021, 01:56:59 AM

i know bitcoin expensive but you can start with technique "Dollar Cost Averaging"

I do not think bitcoin is expensive if 1 satoshi can worth a value, what investors should mainly focus on is its deflationary aspect and its long term increasing marketcap which will still skyrocket its price as it is still at its early age (meaning? More people and institutions will still buy it). So, the advice to go for bitcoin is a great idea.

If the transaction fee rate in Bitcoin will not decrease over time just like what we are experiencing right. I will believe on your quoted word above on how expensive Bitcoin is. On electrum wallet. It cost me 0.0015BTC plus minus just to send some of my money. The mempool problem is really a huge downside of Bitcoin. Imagine owning 0.005BTC below then the fee is almost half it while the price in fiat skyrocket. Grin

It's the same on ETH but they fixed this kind of problem a few days ago. the transaction fees are now back to normal.

As for the OP's question, I recommend BNB, ETH, and BTC. these Cryptocurrencies are most likely won't die soon and they will secure your long-time holding.

Princejebs

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

To keep a coin for a long term, I hope you are prepared to hold no matter the market sentiment and also the outcome when it does not favour at the end?
Sometimes market changes as aweel as the trend. I hope you know that and you are also aware of the volatility accompanied by this market.
To enjoy crypto, you have to hold for long term but at times its always good to consider opportunity cost. Why hold coin when your target has been hit? It's always a greedy mindset that's does this, don't include this as a Habit.

GeorgeJohn

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Quote from: kalihunter on April 28, 2021, 01:45:31 AM

Hello community here,

I am newbie here and happy to join here.

My ask is what will be your advices about keeping a coin long term ? Which coin is worth for it?

any ideas will be appreciated.

Keeping a coin at period of time, determine the kind of investment you want to, really keeping coin is one of the major method use of generating revenue or multiplying values of coins, from perspective it's encouraging to buy coin and hold for sometimes because it can rise or fall, so the evaluation or the possibility of getting increase is higher than the probability of it to get low, so from these concept it good for everybody to purchase coin and hold for sometime before selling.

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