Investing for the long term in an altcoin is good idea?

[cozujeye]

too difficult to foresee the crypto fore, I mean in the event that we spare the run would we be able to get a misfortune or for the advancement of altcoin sanagat difficult to anticipate canapa in light of the fact that altcoin trade simply occurs in the market alone we can not trade it in other like banks and as his so for its improvement might be hampered in its sole carefulness

[andongdanisi]

In my opinion, Investing for the long term in an altcoin is not a good idea. Most altcoins will drop sharply as soon as they are listed. More than 70% of altcoins will eventually lose more than 90% of their value.

[Kewulea]

Putting resources into Altcoin is a consistent activity for me. This gave me great benefit. In any case, to have the capacity to settle on a long haul interest in an Altcoin is a smart thought, it relies upon the Altcoin that the speculator picks. Having Altcoin reasonable for here and now venture, there is Altcoin appropriate for long haul speculation ... As I would see it to contribute long haul for an Altcoin I would pick venture for ETH.

[[BosS]]

I believe that investing in altcoin is worth it, but you need to be very careful and selectively choose a certain coin. To trace where its development is going and determine for itself at what stage it will bring profit.

[VanessaHall15]

This is true for the time being. I see that all the Altcoin coins have fallen abruptly. But in a short time, in the next few months, I think Altcoin's price will be better.

[ice098]

This is true for the time being. I see that all the Altcoin coins have fallen abruptly. But in a short time, in the next few months, I think Altcoin's price will be better.

There some altcoin is worth it for long term investment like Ethereum, so investing in Altcoin is good idea, also some Altcoin have potential so possible to rise its value even more. Then if you invest in Altcoin it also valuable and profitable besides, nowadays many people are going to Invest in Altcoin because of being affordable of it then it also cn bring you good profit. Just choose wisely which Altcoin is you're going to invest or else its better to invest to those have potential.

[tredingaltec]

crypto security can be entered by large travelers and middle class even an investor who has minimum capital so everyone has the opportunity here to invest in it

[BitcoinLoan]

This is true for the time being. I see that all the Altcoin coins have fallen abruptly. But in a short time, in the next few months, I think Altcoin's price will be better.

There some altcoin is worth it for long term investment like Ethereum, so investing in Altcoin is good idea, also some Altcoin have potential so possible to rise its value even more. Then if you invest in Altcoin it also valuable and profitable besides, nowadays many people are going to Invest in Altcoin because of being affordable of it then it also cn bring you good profit. Just choose wisely which Altcoin is you're going to invest or else its better to invest to those have potential.

It is the investors with the long-term perspective that overcome short-term fears and comfortably ride out the natural vicissitudes of financial markets. Buying and holding any altcoins has always provided the best returns in the long run.

[manismanja]

in my opinion that is a very good idea because the condition of the altcoin price is still very cheap and the price is only around $ 1 even under $ 1 and if you have a lot of capital you can invest in the altcoin and wait until the price becomes very expensive. do not let you buy an altcoin that has no development, I recommend buying localcoinswap.

[Chiyoko]

Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.

Is it a good approach to stay invested for long term in the altcoin space?

Its depends on what are the coin you invest because i believe that altcoin will pump soon. All we need to do is to be patience because not all coin this few month is very low.

[00DKM@]

Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.

Is it a good approach to stay invested for long term in the altcoin space?

Yes, holding is always the preferred method to redeem interest rates on the crypto market.
To me, ETH is an altcoin that is full of standards to hold in the long run. The trend and importance of ETH is enormous. It is holding the mission of the altcoin market with over 90% of other projects being exploited on its own platform. Therefore, it is best to prioritize holding ETH in the long run, in combination with diversifying a few altcoin in the short term.

[wdelius]

Be careful with holding most alts for the long term. Most alt tops are VERY short. You have small windows to sell for big profit.

[Stragomagus]

If you invest in altcoins in the long run, I recommend investing in ETH, NEO, EOS, LTC, etc. These are altcoins that I believe will grow strongly in the near future.

[adorathris]

To earn coins in different ways but there are two of the most popular method. The first way is to be a speculator and to speculate on the stock exchange. The second method is to invest for long term and wait for its interest in the Bank. Both of these options can bring you good profits only in the presence of a significant initial capital and brains))

[white_star]

If you invest in altcoins in the long run, I recommend investing in ETH, NEO, EOS, LTC, etc. These are altcoins that I believe will grow strongly in the near future.

It depends upon because we don't know how had a bull run in market it goes but mostly they are holding long term which it is good idea also in order to avoid losses and making sure not to regrets at the end.

[truongtheanhc3]

You should first determine that buying a coin can lead to risk. If you can not hold it in the next few years do not buy it. The profit depends on the type of money, learn about it and make a decision

[Bromote]

It is not a totally bad idea, it is just that altcoins are more suited for short term investments or daily trading, but if you really believe that a coin is capable of archieving great things then go for it.

[Aliya Taj]

Yes. Although not all altcoins are worth investing in for a long term, most of them are only worth short term investments. There are quite a number of them that you can invest in for a long term, you just have to do your research and find one for yourself. Good thing is coins are way cheaper now than they used to few months back, so you can buy any good one and invest in it, then hodl for a long term.

[jmix2018]

yeah its a good ldea cause that was supposed to doo if youre an investore of crypto currency!! long term is veryvery risky  thing todo but this long term had ah  highest profit that can give or earnings in the future !! thats make investore go to the moon!!!

[moeth]

Investing in Altcoin is really a good way, but the benefits and risks are always proportional, so the danger here is unusual, especially for Altcoin, the risk is multiplier, so it takes time to invest in Altcoin. A lot of research, try to screen out which real projects, so that your own risk will be smaller