Topic: Trend or long term projects? - page 10. (Read 1790 times)

Tread Coin investment has a big risk involved, which can be dump by the dumpster if the project is not strong enough that really cause zero value return investment. In other words Long term investment is a rest of mind investment that gives a huge return profits investment, such as Bitcoin is good for a long term holding and what is very important is the entry point of investment and is all applicable to other alt-coins investment.

Your approach of considering long term projects and current trend is reasonable strategy in the volatile world of cryptocurrencies. Examining the history of crypto landscape reveals, that there are only two coins, Bitcoin and Ethereum those have long term growth potential and stability, despite the fact that during the bearish market their value can also drop to the extent of 80% or even more.

The trends are never permanent they keep changing, therefore given the transient nature of trends, it is advantageous to engage in trending coins for short term trading activity rather than committing long term holding.

I think that it is necessary to adhere to one strategy or another depending on the volatility of the market. Sometimes you need to uncover your long-term orders to save your money, and sometimes vice versa. Here it is necessary to approach this task comprehensively.

In the world of crypto, it is really difficult to predict which coin will make a profit.  I am inclined to trust long-term projects, but it is also important to follow trends.  Perhaps the option with a balance between stability and trends will give a better result.

DOT has a bad business model which thats why there aren't many projects in its ecosystem. Their recent update of Dot 2.0 looks promising and that can be game-changing for it though i am not too confident about the project's price due to its token unlock events. ADA is doing somewhat better than DOT but there are better alternatives of ADA so i am not going to put it in my portfolio either. Those meme projects you are talking about we all know those were manipulated by whales. Otherwise there is no reason for them to pump as they don't have any usecase or business model that can make profit for the project.

I think when it comes to altcoins, it's all about hype and trend. If you talk about long-term investment in altcoins, I think that refers to the time period before the project's initial launch. When the project has been launched, the trend and height is over the moon and those project seems to do well for that time being. After that, despite the bull market or bear market, it can't grow itself. So I think these coins are good for short-term trend trading. They do not have the ability to make you profitable in the long run.
There are some coins that are different from these kinds of project. They have made their own reputation over time and they are good choice for long term. But the profit compared to trend coins are not high. If you want to maximize your profit you should focus on trendy coins. If your goal is to hold for long then Bitcoin is the best choice. If you want to invest into other coins then it should focus on short term profits.

When it comes to altcoin,  then you just have to gamble with it,  because it is hard to speculate what direction the market will go and for most of the alt coins,  their have short term market make up that make them to only thrive for a while and them fade off unlike Bitcoin that have long term perspective altcoin is not like that.

But if you fine any project that have provable long term ecosystem support,  it could be a good investment choice for long term basis,  but anything outside that prove of ecosystem support it should be consider for only short term investment at all time.

Very remarkable, sol pulled a fast one on everyone who thought the blockchain was dying and could not be revived. This is the reason why the majority of farmers did not qualify for the jito airdrop because only a couple of wallets farmed the airdrop.
The number of users coming into sol has been very high since the Jito announcement.
People always go where the money is and right now sol blockchain is where the money is and so far the blockchain has given high rewards to farmers.
If anyone refuses to jump into this current trend to benefit from it, it will be sad because a smart investor should learn how to be flexible and adapt quickly to change for optimum profit maximization.

If we are in the market for the sake of making fast profits then we don't have any problem with long time project.
We need to invest our find in short term projects that can give us fast profits so that we can make as quick profits possible for us. For those that are very interested in long term project that are nit rushing after project to make quick bucks, then we need to invest in projects like Bitcoin and many of the old crypto projects that has a very strong team and community backing.

That's the weakness of holding a coin that is trending. When the trend ends, something will definitely happen, such as a decrease in interest in it, so we have to invest in altcoins that have an all time trend. The point is, we have to be smart in exploiting the current event situation so we will be the winners, so we have to be able to rely on both, long term and investing according to trends

I think both of these things are equally good, I just suggest that you take advantage of every incident in the crypto market, if a coin is trending and has the potential to make a profit, why not, but if it's for the long term, I suggest you think about it even more mature, because long-term projects have very big risks, but if you choose coins that have potential such as ETH, Binance, and BTC, I don't think there's anything wrong with that.

I have simplified it into two aspects as follows:

1. Short term profit: I usually don't go with the trend like NFT or meme but when I am in for some quick profits and I have enough time to actively monitor the market then I go with the trend and as I have previously mentioned I had utilized the risky USTC to get 8x profit. But I never get into these trends or coins which I know that it has no value but pumping just because of bull run if I don't have enough time because it has potential to make you rich or even make your portfolio zero in blink of a second.

2. Long term profit: I invest in these long term projects which don't go crazy and remains stable during bull and bear run but have a active dev team and have potential of sure shot profit at some point of time. I do this on a regular interval along with my monthly investment into Bitcoin.

Conclusion: If we have time and enough experience into algo trading or play smart with SL/TP then we can try following trend provided we can control our sentiments. Else go for long term projects.

I have had several issues concerning trending coin. And I don't think if this coin has a long term value. With my level of understanding about altcoins, I think those which have lasted for long and we'll known by people are good coin to invest in. Trending coin will leed people to invest. After which the price grow a little, and people Will start to sell off continuously until it fall to 0. coming back to it's original price would become a very big problem. Because there is no more investors to buy and hold.

Just because you didn't had the opportunity to be early in some of this coins you mentioned of not been profitable doesn't mean others didn't. I remember very well that DOT was sold for $0.29 at the ico price and it did made an all time high of $55 dollar and is trading today around $7.2, that's like 25x from the ICO price and the listing price was even lower which some many people got below $1 and $2, this investment is justified to be okay for people that bought at lower price exception of investors that bought at high price.

Cardano(ADA) was also profitable for may people because during that pump, I know a very good friends that made something good from Ada that they will never forget. I'm not sure you chose the right coins for bull and bear, in fact Ada did pumped more than 25% within the last 24 hours.

Ordi, pepe, floki and other rest of tbe meme coins were developed for fun until people took it seriously and it did pumped and since it's a meme without any quality which Elon Musk established from doge, people don't care or bother to do research and it's frustrating to see people lose money on this coins, it's dangerous to invest in something that is made for fun. No product, no roadmap, nothing to back the project but hype and talk and what do you think will happen after the hype? They will fade and die.



Learn to diversify your portfolio with different altcoins, split your investment into them, either short or long term, you will see a proofit from the and problems like these can be avoided.

I think it is important to focus on the use case and credibility of the team before deciding to invest in any coin/token, and assessing the long term potential. The history of cryptocurrencies vindicates that these factors matter most and eventually act as catalyst for the coin to outperform.

It is true that DOT and ADA didn't perform to the expectation of their investors during the early days of ongoing mini bull run, but for the past one week they have demonstrated substantial growth, with their price doubling what it was one month ago.

Buy them according to what you need.
Some investors like it long-term so they will just pick the most reputable one in the market and then keep it somewhere safe for long-term holding. An asset.
Other investors do like to play with the market because they have the time to do so unlike the first one. So, picking those who move a lot due to hype and trends would be the best choice for them. The strategy here is to never fall in love with one project or coin. You must have a cold heart to sell it if you see profits and just leave it there rotting afterward.
They may not be traders but they are selling whenever they feel like it's enough for them. I've done it once but it takes a lot of effort to monitor the price and social media to see if the trend is still alive or not because one mistake could mean all your investment getting rekt.
In the end, it's your choice. If you do not have the time to follow one coin every day or week then just leave those coins that move a lot due to trend.

In my view, it's feasible to navigate both trending and longterm projects in your investment strategy. When participating in trending crypto, emphasizing short-term goals and staying vigilant in selling opportunities is crucial. Simultaneously, maintaining a solid understanding of market dynamics is essential. A key consideration is to always have a reserve of funds, enabling you to invest in coins you believe will trend, ensuring you're well prepared for potential opportunities.

Finding the potential altcoin is like looking for a needle in a haystack so we need to have the luck to make money or capital that is enough to shift the market. So all we can do is to go with the trending coin and mostly for short term or else you need to believe a coin that really has potential and is willing to lose the capital because not every potential crypto project ends up profitable.

You have a choice of both, you can choose a long-term investment with a larger percentage but you can have a project trend that explodes but you have to be a gambler sometimes indeed trending projects always generate higher profits that we think and there have been many projects coming with high token values that clearly give you profits, although it is not recommended to be long-term on a new token.

You can see some tokens have exploded they have also generated from various airdrops up to hundreds of dollars that have been earned, it should follow the new project from the beginning that contributed a lot.

If you do not have the expertise in analyzing new projects it is better not to do it, because not all new projects will produce just more losses because it is like gambling.

I think we should also take look on the trend nowadays. Like putting some on the latest tech or projects that are risen up. Not all long term or old projects can always retain their position on the market thats why we need to look for something new and can have a good upside. Not all projects can do a lot of pumping so we should follow trends too.