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

[aligator2017]

If you are an investor who can withstand the pressure of the market, it is the best way for you to make sustainable profits. Moreover, you have to have real money, so invest long term. success !!!!

By the by it is really serious matter what we should consider being "real money"
And thats why I choose longterm also. Only big timeframes can make you rich

[huanzhong644306]

It is really a good choice to invest in shanzhai currency in the long run, because this is our future, good shanzhai currency will definitely improve.

You must pay attention to the quality of the counterfeit money, if you invest some of the junk counterfeit money, you may lose all the investment.

[gasanali]

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?

It can be really good idea if you will only. Find a particular coin which will have a possibility to stand the long-run corrections and to be able to live under those pressures. Than it is worthy.

[florinda0602]

Really it can be a good idea for perspective investments. But you need to carefully consider the appropriate choice of promising coins.

It depends on how the good coin is, there are lots of altcoins out there but only few remains good and ok for long term investment. Ethereum and bitcoin are the two recommended coins for long term.

[$9million]

Sure. Investing for long term in an Altcoin is a brilliant idea because altcoins are becoming more stronger and popular so it will survive in the future.

[mandeepcrypto]

Long  term investment is good but it is very risky.For bitcoin I am pretty sure you will good profit but altcoin is very unpredictable.So do the research properly.

[Wicked Sick]

It is a good idea if you understand the market. When you know what you are doing then making the best decisions for your investment comes very easily to you. Altcoins can be quite volatile so you need to watch out for them, this is where doing your own research comes in handy because through your research you will know what to expect

[Razick]

It is a good idea only if the altcoin that you are investing in is one that is viable for the long term. If you are investing in a new coin then you should make sure that you are only investing in the coin for the short term otherwise you might just end up with worthless coins in your hands. if you are investing in coins like ethereum or litecoin then you are good to be investing for the long term.

[wasaisi]

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?

Maybe you should try it so you can feel how long-term investments in altcoins are. I once made a big profit because I held the coins I got from bounty up to 5 times the price compared to before going up.

[e@symode]

In general, this is not a bad idea, because I think that such actions will obviously have to help people understand and understand whether they understand all their work in cryptocurrency correctly, it seems to me a good step.

[jtbcoins]

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?

I think that invest in some ICO and hold coins for long time is a good idea. Not a good idea to buy some coins on exchange from 1 year project and wait for something.

[Gabteb]

If Altcoin is good, i mean it has good features,hard working devs and strong communty ,then i think its good idea ,for example i can suggest DeepOnion as alt like that.

[NewBet]

It is a good idea to invest in altcoins for the long term. There are a lot of good altcoins out there to invest in and if you find them you can end up making a lot of money from the coins in the long run. Just make sure that when you are investing in the coins you are doing enough research into the coins to make sure that they are actually viable coins.

[sergey1301]

Investing in altcoin is a huge risk (I wouldn't do that).  Altcoin, in the long run-it's a good idea (can grow 100-1000 times).

[Goodnuel]

This is a good way to make gains over a long period of time on cryptocurrency. If you invest in a solid project that stays true to its Whitepaper and also have a strong team, the returns in a time will be worth it. And this is a good idea. One has to be really patient though as these altcoins may struggle initially.

[Miklight88]

Investing for long term is very lucrative but has time to get in which I think is now as many or almost all are done with 90%+ which I think is a best chance to buy more and many think holder is not a good investment now again , but I believe it is cause it has it's time for long holding and also time to sell.

[jcojci]

Be careful if you choose a long-term investment with the altcoin because you need to choose the right altcoin to buy so you can make a big profit in the future. Right now, there are too many altcoins that could be potential to rise in the future, and if you can buy at the low price, you will get much amount of the altcoin, and you can make a big profit too.

[Zero1One0]

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?

If you think that one of these altcoins may equal or even surpass the mother coin - bitcoin - then it is good to research on the altcoins.

[terible.hunter]

It is difficult to say that now it will be beneficial in order for the investment to pay off in the end, because I believe that investment should be approached very carefully, especially considering the latest market trends.

[MrKasperOne]

Do not get tired of repeating. Before investing in long-term, study the project far and wide!
I offer for IOTEX long term.
He is still trading above ICO!