crwth (OP)
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July 26, 2019, 04:31:15 AM |
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. |
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samcrypto
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Vave.com - Crypto Casino
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July 26, 2019, 04:37:29 AM |
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I’d convert my bitcoin to some altcoins like ETH and BNB because I know those are the good coins to hold for. They grow a lot compare to other coins and beside having more coins will always be better than to just hold bitcoin alone, which for me is a very risky investment. Converting your bitcoin to altcoins is not a risk, its the trust you give to those altcoins.
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SabrinaBianka
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July 26, 2019, 04:37:38 AM |
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. For me in my opinion I focused on the technology of the coin if this is a good investment and also to their marketing strategy if how they spread to the world their project. In the reality the more you fame the more you have investor right? Like bitcoin, Bitcoin is only the 1st cryptocurrency and we respect his technology because that is a new generation of money. But if we think twice there is no other utility right? Its only because bitcoin is now very famous. |
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fuer44
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July 26, 2019, 04:44:53 AM |
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. Don't be pessimistic, there are indeed many projects that eventually die and developers no longer care, but there are still projects that the development team continues to work hard on and the coins last long. You can take an example in an international project, where they continue to develop their projects, and can survive until now. for long-term investment, we will get profits. |
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SvonioneFromMangoCoinz
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https://streamies.io/
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July 26, 2019, 05:44:15 AM |
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I'm a person who loves Ethereum technology, they have a talented founder and a great team of devs. They always give the best products and respond and appreciate positively from the crypto investor community.
The way I usually trade bitcoin with ethereum is because I want more Ethereum than the money I spend.
You know, Bitcoin has been growing very well lately, and growing higher than its peers.
I took advantage of this to buy more Bitcoin, wait until Bitcoin increased, ETH reduced the price, I would use Bitcoin to buy more than ETH.
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Taras2017
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July 26, 2019, 09:11:18 AM |
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I spend on altocoins no more than 5% of my altofolio thinking of short-term, too. For example, I tend to invest in projects that are at the pre-burn stage so to speak. In 90% of case, the price will get higher. The next goal is TAN token, another burning is at the end of this month.
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qomariah95
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July 26, 2019, 11:51:15 AM |
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- You believe you could profit in the long-term
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments. Because they could die in the middle of the road. So, if they die, of course you don't benefit. Unlike the case if for the top altcoin of course it will be able to get long-term profits.[/list] |
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Darker45
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🙏🏼Padayon...🙏
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July 26, 2019, 12:07:35 PM |
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I own around 10 altcoins, not including those shitcoins which I already set aside without the least effort to monitor since I have no more hope for them. The topmost reason when I buy altcoins is due to technology. But, funny as it may seem to you, it has to have a name as well. If the technology seems amazing and yet there is too slow a progress in their coin's value, I won't buy it. At the end of the day, the reason why I invest in a coin with disruptive or innovative technology, not to mention real-life use, is that it will hit the investors hard and the value of the coin will explode.
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ali115112
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July 27, 2019, 10:25:49 PM |
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As you know if you will buy Bitcoin than this is safe investment for long run but if you buy any other altcoin than its not sure that you will get much profit but i suggest should invest in trading on daily bases and make profit from trading .
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nemey
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Catena X
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July 27, 2019, 10:57:29 PM |
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Well, actually I rarely invest in the coins using my BTC. Sometimes, converting the BTC into altcoins may be good enough, however, if we don't know the exact project to invest, we may get nothing. In this case, the reason for investment using BTC for altcoins includes the right choice of the coins itself, how the coin prospect in the future, and also technology that is implemented.
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gangem07
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July 27, 2019, 11:40:25 PM |
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. Bitcoin and any other alts like ethereum is such a good investments for a long term they have good developer and smart contracts and some experts says that btc and eth reach 10x more in the future. |
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kawetsriyanto
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Free Bitcoins Every Hour!
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July 27, 2019, 11:51:49 PM |
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I do not agree with this. If this is for the new altcoin, of course there is no guarantee that they can be used for long-term investments.
Yes. I also never put my money to invest in new altcoins for long term. I think it is a truly wrong decision for sure. Most of the new altcoins are only about pump-dump once they are listed on exchanges. After several months, many turned to have very cheap prices. Why don't to buy old coins, like Bitcoin and Ethereum for long term assets. I think it should be a better idea than keeping new altcoins. Currently, I am not really interested in new altcoins, I prefer to choose top coins for trading or investment. |
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tsaroz
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July 28, 2019, 01:25:59 AM |
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. The first three are true for me. I have highly limited the number of alts I invest in as they have performed poorer than bitcoin this year. When I invest, technology is an important aspect to consider. What the token/coin intends to achieve, how user friendly the coin is and most importantly, its current and future market. Developers and community is another factor, it's what would led the coin in long term. And of course every investor expects a good profit in long term. |
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pwnsauce
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July 28, 2019, 01:49:24 AM |
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. I'm primarily invested in Altcoin, and very rarely hold high amounts in BTC. While the reasons that you list are true in many cases, there are other advantages to holding altcoin, I'll list 3: 1. Staking! Since altcoin really refers to any crypto other than Bitcoin (BTC), the only options for POW is one of many different altcoin options. 2. Privacy Bitcoin does not provide anonymity only pseudonymity. For crypto to full replace cash worldwide it need to provide the same anonymity as cash, many altcoin chains provide this. 3. Diversity of Portfolio While it is true that, right now, Bitcoin is doing very well but leaving many altcoins in the dust. Many altcoin investers whom were properly diversified during the past couple years saw much smoother movement in their profolio than those simply holing BTC, while these folks in this situation may currently be down from those who held BTC alone. In time bitcoin scalability issues as well as the two other items I mentioned have the ability to revive the altcoin market. Hope that helps to clear up why some of us choose to hold our crypto in altcoin rather than bitcoin, and in the end isn't that what cryptocurrency is really all about? Choice. |
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monster2
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July 28, 2019, 03:21:27 AM |
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Certainly switching I bitcoin to other altcoins as the price rises just like ETH and BNB because these two altcoins are very likely to increase the price.
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INVECH - SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE - INVECH (https://bitcointalk.org/index.php?topic=5052844.0) |
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maxreish
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July 28, 2019, 04:19:34 AM
Last edit: July 28, 2019, 09:53:41 PM by maxreish |
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I don't simply invest in altcoin because of it's name only. I DYOR and I only chose those altcoins that are well established and have a strong beliefs that those coins will give me profits not just in the long run but whenever I trade them. The developer and the team has a big impact, too but I always look for each purpose. If a project has a possible goal, it may look successful.
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kingpin4321
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July 28, 2019, 05:36:31 AM |
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I have thought of this topic because I don't invest much in altcoins,
I was an investor in altcoins when altcoin was profitable and I because bitcoin price was not easy to pay for. At the turn of the bear market and bitcoin price fell I switched to bitcoin investment and as we would have it altcoins lost strength, no I will not sell my bitcoin to splash the money on altcoin |
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vanya.pronin.1983
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July 28, 2019, 10:21:44 AM |
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I have created my portfolio 1,5 years ago and I am investing more every month. The reasons for that are great prices and project updates, so I am buying more of those coins that are already in my portfolio. Furthermore, I am trying to add at least one new coin per month as well.
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o.ogurlu
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July 28, 2019, 11:34:45 AM |
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To be realistic, the purpose of my investments is generally to make a long-term profit. And i usually prefer coins which in the Top20. Sometimes I am buy from the tokens too of that project to support the projects which i like. But even in that, I thinking that, I can sell in the long run when the coin / token price reaches a certain amount.
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bubislav
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World's First Crowd Owned Cryptocurrency Exchange
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July 28, 2019, 11:53:05 AM |
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l would like to mention that l like absolutely invest ETH. That is why, it has more chance than another altcoins. It will eternal best altcoin. You can be on the right track, if you buy and hold it. l would really like to say that it is worthwhile. Personally, l find it extremely profitable. It is absolutely fantastic that we live in the era of high-tech.
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