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Author Topic: Static Currency - Five Years?  (Read 610 times)
dddudidd
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June 04, 2019, 01:06:51 AM
 #41

now even though the market conditions have started static. but there are still many who still doubt the crypto currency. maybe there are still many people who are still traumatized by the red market two years ago. so the conclusion might be that the dicrypto people already have a lot of activity outside of crypto but that is for those who are impatient.
eagleman
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June 04, 2019, 05:48:29 AM
 #42

If $ 10,000 is all my money for investment, then I will make my crypto portfolio of various coins and spend some of the money for long-term investments.
I won't just dive to random coins just to claim that I have various investment with different crypto's.

My standard would be quality over quantity, it's better to have the best of the best rather than have a lot of it but with poor quality. Those coins like bitcoin obviously and Ethereum.
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June 06, 2019, 10:09:28 AM
 #43

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 don’t get everything that you said here that much, because the only static coin I know are stable coins which are not for investments because they are simply there to continue retaining the value of your fiat since they are peg to 1 usd.

The other way I think is if you mean coin that is not increasing now in the market, which if it is by that, yes I will, provided the coin is not at its peak and if the project in question has a very great product and team that I am sure will make the said project work very fine within that time frame, so it is worth investing in the, but why not join the train of BTC that is already in its uptrend now and we know it will continue increase now till ATH.
fathur01
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June 06, 2019, 10:31:50 AM
 #44

I am ready to invest this amount only in a project that can become an important part of the future ecosystem of the blockchain industry. Also, it should have partnerships with large cryptocurrency startups and support of investors and the community. Investing in a project that has small trading volumes and has only promises is very risky.
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June 06, 2019, 10:41:45 AM
 #45

I will not invest in static coins, and the investment value is 10k for 5 years, really thats is a long time. I don't think it will be useful, the potential for profit is very small. if you crypto enthusiasm with 10K funds you can gain more profit by many ways.
Ifychuks
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June 06, 2019, 10:57:26 AM
 #46

First off, am not will to invest such a sum of money in a static coins, not to talk of leaving it for good 5 years. Do you know what will happen in that 5 years? Thats a big risk. I rather trade with the fund and maximize profit daily.
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June 06, 2019, 11:18:59 AM
 #47

No, of course it's crazy in my opinion and unnecessary risk. First of all, the project should have a road map that will determine the vector of its development in the coming years. If the project is developing, then a key event should be assigned for each quarter, which indicates that the work is carried out according to the schedule and there are no delays. And this should be accompanied by volatility and the currency can not be static for a long time.

thehulkk
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June 06, 2019, 11:48:43 AM
 #48

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?
No, I will not do so. 5 years is a long time, if I have $ 10,000 I will not invest in a static coin and wait for it. Instead I will invest in the top 10 coins on the coinmacketcap. And try trading it daily

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bitgolden
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June 08, 2019, 06:57:28 AM
 #49

now even though the market conditions have started static. but there are still many who still doubt the crypto currency. maybe there are still many people who are still traumatized by the red market two years ago. so the conclusion might be that the dicrypto people already have a lot of activity outside of crypto but that is for those who are impatient.
No matter the activities they get engaged to outside crypto, it can still never be as gainful as what they will get from cryptocurrency, some of the people that feel they lost their investment in the last red market where mostly the cause of the misfortune that befell them, because greed is what was their problem.

Bitcoin had already given them enough profit at a certain stage and also with a sign of pull back, but because they needed something that will get them fast and huge money, they failed to pull back before Bitcoin, believing in future figure that was never going to be a reality then. So what I expected was for them to have learnt from their mistake instead of quitting and use it to amend.

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RealMalatesta
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June 11, 2019, 05:52:22 AM
 #50

I think it's hard for people to save their money that much in cryptocurrency except traders and it's not a holder. Too many people have fallen and are frustrated affected by the decline of bitcoin and eth last year and not a little money is lost.is there anyone who thinks?
You are right, the system of cryptocurrency is still quite not that perfect for reserve yet, but I believe we will get there. The so called USDT have also failed in their own part too, which makes it unreliable. So if anyone wishes to still try any coin for reserve, it will still be Bitcoin, just that one has to be sure that the time of making such reserve is when the price of Bitcoin is extremely low, and not at peak.

It is better to save our funds in Bitcoin when the value is very low, so that as it grows, it will be like getting interest for keeping money is a safe place. Which we all know that the interest we get in Bitcoin savings can never be compared to that of the one offered to us from a traditional bank.
bvg96634
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June 11, 2019, 08:54:38 PM
 #51

I don’t think there is a point in storing and investing in a static currency. Your money will be stagnant, you wouldn’t make any progress or money, and five years is a very long time   So better it’s not to invest in something that will remain static for next five years because after that period, your money will be the same, and you will be standing nowhere.
NoirSuccubus
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July 17, 2019, 06:40:43 AM
 #52

This is not possible; no currency stays stagnant for that long. Even if it is so, you shouldn’t invest in it. Rather I would invest in something more dynamic and moving like the BTC or ETH so that I can make more money by investing those 10k and after five years you will have a decent profit plus the money you started with. In static one, you will have exactly the same amount left after five years minus the profit.
SquallLeonhart
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July 23, 2019, 08:19:22 AM
 #53

This is not possible; no currency stays stagnant for that long. Even if it is so, you shouldn’t invest in it. Rather I would invest in something more dynamic and moving like the BTC or ETH so that I can make more money by investing those 10k and after five years you will have a decent profit plus the money you started with. In static one, you will have exactly the same amount left after five years minus the profit.
He question is what will exactly make the coin static for that long, because if the project that produced such coin is really a working project, then it is impossible for the value to remain same for that long. Any coin that has even been static for 2 years should already be considered as a dead coin, because it shows that there is no demand for such coins again.

What make the value of a coin fluctuates; it is when demand and supply plays its role in the system. People must have need for it and then demand, while those who are capable of supplying it does so, so for a coin to remain static, then there is absolute zero demand for it, the only static coins I have seen is stable which we know that it is what they were created for already and they service their purpose.
Shepard777
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September 17, 2019, 07:10:31 PM
 #54

I think it’s worth revising your option if all the coins go up and yours go down. Since on such a long-term, many projects with an unscrupulous team will be eliminated. I don’t even know what it is possible to choose for 5 years, looking at the screenshots of coinmarketcap many years ago, I want to trust only xrp, ltc, btc.

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September 17, 2019, 07:28:29 PM
 #55

I think it’s worth revising your option if all the coins go up and yours go down. Since on such a long-term, many projects with an unscrupulous team will be eliminated. I don’t even know what it is possible to choose for 5 years, looking at the screenshots of coinmarketcap many years ago, I want to trust only xrp, ltc, btc.
I think there will be new coins that can be trusted as much as the ones you are talking about. but now it’s not clear what kind of coins it will be


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September 17, 2019, 07:56:07 PM
 #56

For altoins that all are saying "sleeping giant" I won't put that much on it, I will rather invest in bitcoin and profitable altcoins and will see the static altcoin in 5years and will decide what to do with it. All these, from experience it's safer to leave your money than in new projects that promise going to space and will bring back freedom for holders.
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September 17, 2019, 07:59:45 PM
 #57

I guess you are just making mere hypothetical statement. But there is nothing like static cryptocurrency when you think of cryptocurrencies, each coin has its bad and good times. Moreover, anyone who wants to invest in crypto  wants to make profit whether on the short or long term basis hence they would always move with the coin which is making progress.
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September 19, 2019, 10:57:12 AM
 #58

You can invest in a project and decide to sell it off next few months once there's a huge price movement. It's not about hodling up to 5yrs. Motive of investing in a project is to make profit at any given time

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October 03, 2019, 04:59:23 PM
 #59

Do you think the price of such currency will rise, then? and what if it remains as static as possible? ;)it's stagnation when you're on one spot.
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October 03, 2019, 05:11:58 PM
 #60

Do you think the price of such currency will rise, then? and what if it remains as static as possible? ;)it's stagnation when you're on one spot.
in 5 years no one will just stop without moving. You certainly know the nature of crypto, but if you invest in a long time it will be very risky because the market movement occurs very quickly. in 5 years anything can happen, maybe profit or loss.

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