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Author Topic: The long term way is down  (Read 801 times)
Rasa nanas
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March 04, 2022, 11:01:04 AM
 #121

No way in every market based project there is always a term exist called long term hold. In crypto many new crypto coming on daily basis with their purpose to society but only few of them will work better. Some will go big in long term plan. We should make plans according to projects base and our understanding. There will be always some space for long term calculations.
the problem is we don't know which new altcoin is good for long term investment because it is very difficult to predict the future of a project.
many new projects earn millions of dollars on token sales but when they are on the market the price becomes very low and eventually becomes a dead coin. long-term investment in new projects does have a very high risk and choosing big altcoins like BNB and SOL is much better.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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March 04, 2022, 11:02:06 AM
 #122

I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?

Bitcoin price movements this year tend to experience a correction and it seems difficult for us to expect ATH to be achieved in 2022, especially this year it seems that bitcoin has received a lot of negative sentiment from those who don't like bitcoin, besides the war that took place between Russia and Ukraine clearly made the future of bitcoin will be very difficult to predict, but the opportunity to reach ATH of course will probably happen again in the next few years, but now what we need is courage and patience in holding bitcoin for a long time.

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