Kongxx (OP)
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June 02, 2019, 05:05:01 AM |
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
You hope that, after 5 years or longer, the price of the currency will go very high.
Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
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AltcoinsBattle
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June 02, 2019, 05:25:50 AM |
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What do you mean by static currency? To be able to earn, the currency must be dynamic. The currency whose price does not change, will only retain your funds. If I buy any asset, I will try to make a plan for the progress (rapid price move up/down, a long no progress).
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magicrypto
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June 02, 2019, 10:11:16 AM |
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
You hope that, after 5 years or longer, the price of the currency will go very high.
Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
You want to invest in static currecy and waiting a huge raising? WHAT? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Static(stable actually) coin is USDT for example ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Stable coins = static coins, they got dollar peg for example.. Other regular coins are not static, but volatile, most of them very volatile ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Lakai01
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June 02, 2019, 10:30:51 AM |
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I think you mixed something up. Ideally, your static/stable currency is exactly worth 10k in 5 years, otherwise it wouldnt be stable If you want to increase your chances to double your investment you should have a look at not so stable coins like ETH and BTC, chances are higher that they are worth more than today in eg. 5 years. But also the opposite may be true.
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sri.bima
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June 02, 2019, 10:40:34 AM |
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I don't seem willing. If I have that much $ 10,000, I will use it to do large-scale crypto trading and invest in a place that I consider feasible to produce a balanced profit. Because for me 5 years, not a short time and that does not necessarily produce the right one.
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mickey_miner
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June 02, 2019, 10:45:32 AM |
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
You hope that, after 5 years or longer, the price of the currency will go very high.
Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
I would not be able to keep the coin for 5 years, because the market is changing very quickly if the project did not show itself in 2 years, then I would get rid of the coins.
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Novatech8
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Sovryn - Brings DeFi to Bitcoin
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June 02, 2019, 10:49:20 AM |
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For every good coins that's worth keeping for that long must show its true potential in just 2years ,there roadmap must be followed up as they stated and with very good working product too
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rachman mahesa
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June 02, 2019, 10:53:14 AM |
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For every good coins that's worth keeping for that long must show its true potential in just 2years ,there roadmap must be followed up as they stated and with very good working product too
2-3 years is enough. Because if you have to wait for 5 years, I think it will decline again at that time. So if indeed a long time must always be seen also the development of coins that we keep. Because when ATH happens we never know when it happened.
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Enzo05
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June 02, 2019, 12:30:00 PM |
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Five years for me is too long and I think I can only have it for about 2 or 3 years. I'll invest to bitcoin and eos to be honest as they are the coins that I am able to see profitable for long term hold. Additional to that price of crypto change so fast as in almost per second so its either I get profit already after 2 years or I lose profit.
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Jpti
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June 02, 2019, 12:37:21 PM |
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I am not always in favour of holding coins for as long as five years. But in fact, I do not favour holding even for a short term. Rather I would buy just a few months ago after the market starts increasing. The crypto market is highly volatile and the market goes up and down from time to time. So in this context, for me holding coins for long is not beneficial that much.
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dizzy1996
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MoonDeFi
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June 02, 2019, 01:31:40 PM |
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The question is ambiguous but quite simple, if I wake up I see that the token in which I invest on a long-term basis has good development prospects, I will study it initially and then I will make a decision since in 5 years much can happen and I don’t really want to risk my money.
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Ucy
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June 02, 2019, 05:02:54 PM |
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Depends on why the currency is "static". Are the developers nolonger active? Is the coin kept static on purpose? Is the project still viable and solid? These are things I would verify before deciding on whether to continue holding or not..
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anobtc
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June 02, 2019, 05:31:10 PM |
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
You hope that, after 5 years or longer, the price of the currency will go very high.
Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
What do you mean by using the word "static". It's mean that your coin's price unchanged? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Like USDT, PAX or something like that. I guess you refer the solid and legit coins, right? I think to make the safest, you should hold BTC.
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oli123
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June 02, 2019, 05:56:08 PM |
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I think 5 years is also a lot - some altcoins do not survive even a year. You would have to be really lucky and sell after 5 years with a big profit. A year to two years is enough. But I would rather invest the money in bitcoin or ethereum. There is a really big risk of putting more than $ 10,000 in something that you don't know will survive for 5 years. I should not have the patience of 5 years to wait and watch as the price evolves.
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bitcoindusts
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June 02, 2019, 06:15:34 PM |
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
You hope that, after 5 years or longer, the price of the currency will go very high.
Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
You can hardly see static or unchanging value in cryptocurrency, most of them are volatile and some just die. So if you see and keeping an eye on a particular cryptocurrency, you will be able to tell if there will be hope for it or none. Why wait uncertain for 5 years if you can profit from your money in 1-2 years with other currencies? You are the boss of your own money.
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shakesbear
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June 02, 2019, 06:21:34 PM |
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Large amount money, and for a long time I would invest only in Bitcoin ETH and Litecoin, in equal parts, in these guys I'm sure.
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Adriano2010
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June 02, 2019, 06:39:22 PM |
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Well so much money in a coin which stay at some range, i will not invest on, i will search some coins which over time proves that give a good profit if buy and hold for longer.
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Classica35
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June 02, 2019, 09:07:53 PM |
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
That is a huge amount to start with. If you are just coming in into the crypto space or you are just planning to to become an investor, i will urge you not to deal with such amount. Instead, you can just make use of a limited amount of money to learn the basic, which will give you more assurance if it is what you truly and really need.
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yesyes18
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June 02, 2019, 09:16:05 PM |
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Please I don't really get your question. Maybe a little info to clarify what you mean by a static coin may help. Moreover, there's one thing I can tell you for sure that, Bitcoin in the long-term is a good choice to make. There are plenty of potentials for Bitcoin to make it way up in the next years ahead. So yeah, I'd chose Bitcoin over stable coins (if that's what you meant by a static coin).
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livingfree
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June 02, 2019, 09:19:34 PM |
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$10,000 is such a large amount for me and I can't let that amount sleep with a static cryptocurrency without that kind of small guarantee that I've something in return in the near future.
I am patient but with this kind of question, it's like you're throwing away money for something that you don't have to. And what's this coin that you're asking here? are you thinking of doing this and let that money sit around for that crypto for 5 years?
I'll do this but only for bitcoin/eth.
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