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Author Topic: Static Currency - Five Years?  (Read 664 times)
gaston castano
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October 03, 2019, 11:30:21 PM
 #61

of course everyone is different, if I have 10k I will save it on bitcoin.
if the time period is 5 years, because only bitcoin has survived for 1 decade.
but if the numbers are short maybe I will also invest in altcoin. Well of course, if it's not profitable I will find which coins can make a profit.
Roktrtmen
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November 12, 2019, 07:10:54 AM
 #62

I think that it is quite possible to invest in Bitcoin and wait for 5 years to make a profit. After 5 years, Bitcoin will not have time to disappear because it has not even started to develop.
Snowwy
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November 12, 2019, 10:02:02 AM
 #63

By using the word static, it means even after 5 years of waiting the fund will still be 10k without any increase. Static currency in crypto can also be refer to stablecoin and their usefulness is for hedging against volatility. If you are looking for a coin worth buying which you will leave for 5 years, I advise you to check Bitcoin out.

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K4C
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November 12, 2019, 10:13:35 AM
 #64

You have to admit that the value of each currency is constantly changing and unfortunately, it isn't changing for the better, what I can purchase with $10,000 now isn't what I would be able to purchase with $10,000 in the future, infact it's somewhere around lesser in the future calculating with the number of things I can buy with it, so keeping $10,000 static for 5 whole years definitely even somethig i can do or even something I would ever consider doing.

andika2018
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November 12, 2019, 10:33:40 AM
 #65

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?

At present, there are some coins that I hope to keep for the long term, at least 3 years. There are several choices of coins that can be used as an investment and if I think the coins have a good project and a solid team, I will be patient to hold them in the long run
Pamadar
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November 12, 2019, 11:44:09 AM
 #66

If that such amount is a spare money, if I already have lots of it then I can go and aimed for long term investment and sets my plans. Everything depends from each opinions coming from investors who have that money. The amount of money will be the deciding factor if how will look for the
future. Many believes that if you will invest with bitcoin in such long period of time you'll be able to maximize the profits, It's up to your good research and patience to keep holding.
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November 12, 2019, 01:52:23 PM
 #67

I think that it is quite possible to invest in Bitcoin and wait for 5 years to make a profit. After 5 years, Bitcoin will not have time to disappear because it has not even started to develop.
this is now one of the most correct strategies used by large players and smart investors. in addition, they use any tools to increase the amount of bitcoin in their portfolio

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