I’d like to invest $5000 for long term hold. Should I buy these altcoins? Please correct my list if I am not on the right track.
1-Ripple
2-Cardano
3-NEM
4-Litecoin
5-Ethereum classic
6-EOS
7-Vechain
8-0x
Thanks
Most of your coins are reasonably safe. you may loose some money or gain reasonable profit.
depending what you want. Most of these coins will not give you huge gains but at the same time they won't screw you big time either
I wouldn't do cardano ( despite the huge hype ). ripple is one of the safest coins may do x2 or a bit more, could decrease 30% or so
nem , eth c, litecoin also similar i suspect.
Maybe choose something which can give you more profit in between the safe coins. there are a lot of choices....verge, reDDcoin, deepbrain etc i have invested in recently. they probably won't loose you much at this moment if you buy in this price range. In other threads you will have a big list of other potentially growing coins.
best growth potential have most risk involved.
For f sake....some shitcoins like neo gold lol it may be a scam but could get you good profit lol.
We only come up with names when they have increased in value significantly, before that it is just gambling , i wouldn't do that right now. Making you 5000 into 15-20 is more than goo enough i think.
Good luck , if you find a good opportunity, let us know lol