Which Cryptocurrency is best for long term investment? - page 8.

BuNga_cute

full member

Activity: 1736

Merit: 116

Quote from: aylabadia05 on July 08, 2021, 04:56:48 AM

Quote from: prabhupawarr on June 28, 2021, 04:50:47 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)

For investment, I dare directly answer Bitcoin and Ethereum. However, if it is a long-term investment, I do not dare to give a definite answer. I think, Bitcoin (BTC) is one of the few cryptocurrencies that is safe for long term investment. Again, I can't guarantee 100%.

Indeed, there is no 100% surety guarantee of profit for investing in cryptocurrencies, even if we choose Bitcoin, the risk is still high. But compared
to other cryptocurrencies, the opportunity for Bitcoin to generate profits is indeed greater, then investing in Bitcoin in the long term I recommend.
For the safest altcoins probably Ethereum for long term investment, but it does not guarantee 100% profit too. Therefore the importance of
investing money that we can afford to lose, so that if the worst happens we are better prepared to deal with it.

Liamttw

member

Activity: 126

Merit: 19

Bitcoin is best for long-term investment. Bitcoin is the king of encryption, and it has a certain position in cryptocurrency. Bitcoin has the strongest liquidity in the market, has a certain value, and it has been around for a long time, has withstood various tests, and is a reliable and relatively safe currency. Bitcoin also has great potential for future development.

aylabadia05

hero member

Activity: 1540

Merit: 772

Quote from: prabhupawarr on June 28, 2021, 04:50:47 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)

For investment, I dare directly answer Bitcoin and Ethereum. However, if it is a long-term investment, I do not dare to give a definite answer. I think, Bitcoin (BTC) is one of the few cryptocurrencies that is safe for long term investment. Again, I can't guarantee 100%.

jinneas

member

Activity: 116

Merit: 23

For ordinary investors, Bitcoin is the most suitable for long-term investment. The price of Bitcoin has doubled many times since it first appeared, and many people have made profits by investing in Bitcoin. In addition to Bitcoin, you can also invest in eth in a small amount, eth can be regarded as an innovation. Its transaction volume and liquidity are also very strong, and it is also a very good profitable currency.

$anounimus$

sr. member

Activity: 1610

Merit: 294

www.licx.io

Quote from: ?? on ??

if you look at the safest investment, I think bitcoin is an option, but if we want a bigger profit, maybe altcoins are an option. but for me I will only choose 3 assets to invest, namely btc, eth, and bnb. all three may not skyrocket like doge, but at least they are safe coins to invest and will give good profit too

Yes, that's right, because it has been very visible in the last three years that the three cryptocurrency assets can stay in a good position and are able to provide very good profits for their holders, because holding cryptocurrency assets is not only about how much the asset can be pumped, but how strong he could stand at such a high price.

BETTYUI

jr. member

Activity: 37

Merit: 1

Bitcoin is the most suitable cryptocurrency for long-term investment. It promotes the development of digital currency. Altcoins are based on Bitcoin. Bitcoin has withstood the test of time. Now a large number of users are beginning to invest in Bitcoin. Bitcoin has relatively strong technical support and high security, so many people are willing to invest in Bitcoin and profit from it. Altcoins are only suitable for short-term investment and profit, long-term investment will have higher risks.

Louis Harper

jr. member

Activity: 50

Merit: 5

For me as a newbie, I am definitely more inclined to invest in Bitcoin and Ethereum, because these two are relatively mainstream cryptocurrencies at the moment, and the relative risk for me is smaller than other altcoin projects. I Friends around me have also made a lot of money by investing in other altcoin projects, but they told me that I may not know the market well, and it is easy to lose money. After long-term verification, only Bitcoin is rising steadily. And although Ethereum did not increase much, it is relatively stable and has great potential. As a novice long-term investment, I choose to hold Bitcoin and Ethereum.

xSkylarx

hero member

Activity: 2352

Merit: 594

My top picks aside from bitcoin are ETH, BNB, SOL, MATIC, ENJ, and XMR because they have many future plans in their projects.

It is good that most of us pick the top cryptos in coinmarketcap as long-term investment, unlike newbies that I see on social media platforms that they worship shitcoins and see it as a good investment. They will put a lot of money for every shitcoin that will become a trend riding the hype thinking that it would really make them rich. They didn't research properly what they've been investing into, only early buyers benefit from these shitcoins and once it pumped a lot they will just dump it leaving new investors at loss.

rn4j0r

newbie

Activity: 65

Merit: 0

I'm going hard on Cardano, DOT, ALGO, ETH, and BTC

NicNacCoin

sr. member

Activity: 1330

Merit: 451

My favourite cryptocurrencies in my personal wallet for long term periods..
Binance coin
Bitcoin
Ripple
Shiba Inu
Ethereum
Betfury
Dogecoin

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Based on the list you provided, no doubt it would be best to choose bitcoin and ethereum. They both have been dominating the market for a very long time. They both have a huge community support along with active developers. So if you are looking for long term investment, I don't think you will be regretting holding those two. Just look at the charts and see how far they have come in terms of value. The rest of the coins that you have mentioned are just a hit or miss.

nhaila

sr. member

Activity: 993

Merit: 250

Moonbet.io

Quote from: hichamito37 on July 07, 2021, 10:41:45 AM

Bitcoin is the best answer, for a long-term investment. about altcoins you can choose any name you want. All altcoins listed above are very good and can be invested for long term. But keep in mind that the bitcoin price determines the value of the remaining alts.

Bitcoin the all time the best Cryptocurrencies for long periods investment but there are some altcoins which also have better performance for longer periods investment like Binance coin, Ethereum and dogecoin. You can also invest Shiba Inu for longer periods investment.

Helpme_please

member

Activity: 633

Merit: 10

Quote from: hichamito37 on July 07, 2021, 10:41:45 AM

Bitcoin is the best answer, for a long-term investment. about altcoins you can choose any name you want. All altcoins listed above are very good and can be invested for long term. But keep in mind that the bitcoin price determines the value of the remaining alts.

bitcoin price will increase after halving and for long term purpose its very good. if we open price history after halving , it is soar extremely, no one doubt its price could each 64$. Major altcoin in market could survive in market due their developtment progress, and if we can find , i am confidence we will get muliply profits.

Reid

hero member

Activity: 2912

Merit: 642

Bitcoin had always been my priority when it comes to purchasing cryptocurrencies.
Don't even need to think twice, I just do it. But, when it comes to altcoins it always gives me a difficult time to pick.
Ethereum is the next priority, but when its price goes up, I tend to doubt if I need to buy it or just go back to investing it with Bitcoin with a higher chance of profit.
After those two it's way more confusing. Cheesy

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: prabhupawarr on June 28, 2021, 04:50:47 AM

2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.

eth and btc are both cryptos but if there is a difference between the two that is eth is an altcoin and has the ability to create a crypto called tokens .
this can be the Verry edge of eth on why it was a good investment .
Other new coins can be like eth but they cannot copy the trust that eth already built in the community because eth is older than them .

hichamito37

sr. member

Activity: 730

Merit: 250

Vave.com - Crypto Casino

Bitcoin is the best answer, for a long-term investment. about altcoins you can choose any name you want. All altcoins listed above are very good and can be invested for long term. But keep in mind that the bitcoin price determines the value of the remaining alts.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: lienfaye on July 05, 2021, 09:40:21 PM

Quote from: Chato1977 on July 05, 2021, 09:28:56 PM

Quote from: Oxen_Project on July 05, 2021, 09:26:10 PM

Just look for solid dev teams building real products. Don't get caught up in the shilling, look at fundamentals and be patient.

OP is asking "Which Currency" , meaning he does not understand how to find one and you are just shitposting about to look for Solid Dec and real products things that is obviously what we all know from the start.
but the thing is is it really easy to find one?
because if this is truly happening then we are all Richer by now.

Op stated his own list of cryptocurrencies for long term invesment, its just shows that he did his own research already to come up with that list.
Anyway I agree that its not easy to determine if the project is solid or has potential (especially those new ones sprouting). Thus established coins are still the best pick (like bitcoin, eth and bnb) when it comes to long term investment.

Based from the lists above, bitcoin will always be the best for long term investment. It will always be the crowd's favorite. But bnb and ethereum are still next to bitcoin. Well bitcoin and these two altcoins have different utility case so when it comes to long term investment, i think these 3 coins should always be on the top.

However, since the market is very unpredictable so i'm not closing doors to other coins because they might be more profitable in the near future, who knows? The fact that you know how to manage your coins, then it will still generate profits in the long run.

isaac_clarke22

sr. member

Activity: 1596

Merit: 264

Quote from: DrBeer on July 07, 2021, 09:34:16 AM

~

Well yeah for startups, it surely is still low. The real game begins when that startup starts to show its age.
Bitcoin pushed through a lot of years that is why I just bought a tiny bit back in 2017 when I was still starting up, also my misinterpretation to its usage became crystal clear to me.

DrBeer

legendary

Activity: 3752

Merit: 1864

The cue ball, as an investment object, has its own peculiarities. Compared to some companies or startups, his income is lower. Given the speculative nature of the cryptocurrency market, and the "seasonality", bitcoin belongs to the category of investments "buy, wait 2 (3,4,5) years". Only there is a nuance - then it is necessary to fix it in fiat / stables so as not to get a twitching eye and early gray hair, after watching the next fall

And then the cycle will repeat with different "height" of the bitcoin price

lienfaye

hero member

Activity: 2912

Merit: 629

Quote from: Chato1977 on July 05, 2021, 09:28:56 PM

Quote from: Oxen_Project on July 05, 2021, 09:26:10 PM

Just look for solid dev teams building real products. Don't get caught up in the shilling, look at fundamentals and be patient.

OP is asking "Which Currency" , meaning he does not understand how to find one and you are just shitposting about to look for Solid Dec and real products things that is obviously what we all know from the start.
but the thing is is it really easy to find one?
because if this is truly happening then we are all Richer by now.

Op stated his own list of cryptocurrencies for long term invesment, its just shows that he did his own research already to come up with that list.
Anyway I agree that its not easy to determine if the project is solid or has potential (especially those new ones sprouting). Thus established coins are still the best pick (like bitcoin, eth and bnb) when it comes to long term investment.

Topic: Which Cryptocurrency is best for long term investment? - page 8. (Read 2002 times)