Which Cryptocurrency is best for long term investment? - page 13.

hd49728

legendary

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Quote from: yazher on June 28, 2021, 06:44:35 AM

As for the moment, ETH and BNB would be enough and you won't need to hodl anything else because of the current bearish trend. BNB has its own unique strategy when there is some kind of unlikable situation on the market. They can still make their own new development and overcome the others with their innovative approached industry of the crypto.

If Binance launch their own main net for Binance Smart Chain, BNB will have price more than $1,000.

I kinda agree with you, Ethereum and BNB are best to pick for holding. Others like Polkadot, Solana are too young and they will become real big cryptocurrencies next 4 years if their teams can keep their projects moving through a next big bear market.

Ethereum and BNB have to went through the 2018 and 2019 bear market in order to achieve what they have nowadays.

Ziskinberg

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When we are talking about the best coin for long-term investment, no doubt that it was Bitcoin.
But if we are talking about a long-term investment, all of the OP's list is worth investing in. However, it is wise to choose which coin we think is more profitable but importantly, we know how to manage it. Considering that we are aiming for a long-term goal, it needs more patience as well and we know the situation how tricky the market was.

yazher

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As for the moment, ETH and BNB would be enough and you won't need to hodl anything else because of the current bearish trend. BNB has its own unique strategy when there is some kind of unlikable situation on the market. They can still make their own new development and overcome the others with their innovative approached industry of the crypto. However, You also need to give yourself some time to think about whether there will be another chance for them to be successful this time like they did last year. Sometimes when a bearish market is currently happening you will see most of the cryptocurrencies have fallen their prices and that's because everybody is panicking and they just randomly sold their coins without a second thought.

MadeMen

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I'm more comfortable investing in Bitcoin and ethereum for long term because they've been around for a longer duration in the industry and they hold a significant percentage of the coin market capitalisation. I doubt one could ever go wrong with Bitcoin because no matter the dip, bitcoin always come back greater.

hd49728

legendary

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Not your keys, not your coins!

Quote from: prabhupawarr on June 28, 2021, 03:50:47 AM

1. Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency.
2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.
3. Binance Coin
4. Cardano
5. Polkadot (DOT)
6. Ripple (XRP)
7. Litecoin
8. Tron (TRX)
9. Polygon (MATIC)
10. WazirX (WRX)

Bitcoin is the best and safest from 10 coins you brought here.

Tier 2 good coins:
- Ethereum
- BNB
- Polkadot
I choose them because they are coins from real platforms, with big communities.

High risk and should avoid coins:
- XRP
Do you know about SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

Tessnik

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Bitcoin is the best coin for long term investment due to it price stability and market visibility, of curse there are some other good altcoins that also have long term potentials such as 100x coin which is not on the list you posted. The is no daught that BNB and litexoins are also long term viable coins. So in all the top 100 coins are all potential profit coins.

Gozie51

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I believe Ethereum will be a good profiting coin in the long time because it's platform keeps being used by many projects. Another is BnB. BnB has a very active community and the CEO keeps working hard to promote and guard his business. Binance is one of the biggest exchanges and that is BnB strong advantage.

NewRanger

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maybe you could add solana and wootrade in your list, i think you miss these project meanwhile alot investors start filling their bag. from list above , coins that must collected in my bag were bitcoin , ethereum , bnb and then i will add solana and wootrade. i am believe due their technology in smart contract will get more investors if market recovered again. And another hidden gem in NFT project was VulcanForged, its could be the MMPOG pioner in crypto market.

ethereumhunter

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The only bitcoin will be the best coin for long-term investment. The other coin is an altcoin and for me, that will give the profit in the short term. But you can use it for long-term investment but you need to be careful because the price can go down anytime following bitcoin price. Ethereum, bnb, dot, litecoin, matic can be the other coins for the investment but as I said before, the price will follow bitcoin price so there will be a downtrend for the altcoin and you need to prepare for that.

livingfree

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No doubt bitcoin will be always the bet of our lives as the best long term investment for cryptocurrencies.

2nd choice is Ethereum and as you have included BNB, these two are battling for the smart contracts as both of them are being chosen by several projects that are developing new trend.

Like NFTs and games.

prabhupawarr

newbie

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1. Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency.
2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.
3. Binance Coin
4. Cardano
5. Polkadot (DOT)
6. Ripple (XRP)
7. Litecoin
8. Tron (TRX)
9. Polygon (MATIC)
10. WazirX (WRX)

Topic: Which Cryptocurrency is best for long term investment? - page 13. (Read 2046 times)