Accumulating, good or bad?

[Ailmand]

I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?

Accumulating is good, if what you are going to accumulate are altcoins with good long-term potential. Take note, that most altcoins nowadays are dying, and we don't know if it will still bounce back once the market starts recovering. So, invest and accumulate wisely.

[acheampong64]

 accumulating is very good but only if you accumulate what's worth accumulating. If you just buy anything anywhere you might end up with a load of coins worth nothing and you wouldn't be able to do anything with it lol.

[masterkiller]

If you see a market situation that is currently experiencing a massive price decline, of course we can use it to start investing for long-term conditions, because we will not know that maybe the altcoins we have will be more valuable than Bitcoin, and we won't know in the next few years we will be billionaires because of something we think is small at the moment

[Korkorjkk]

I think it is better to diversify your holdings and not invest in only one coin.  Long term holding is good and you can accumulate much profit but it will be better if you invest in more than one coin so that you can share in both profit and loss.