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Author Topic: Which crypto is good for long trading?  (Read 1267 times)
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January 09, 2020, 08:44:56 PM
 #21

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..

Back in June 2019, you also ask the same thing here: https://bitcointalk.org/index.php?topic=5154115.msg51461126#msg51461126

More than half a year has passed, at least you should have an idea now on what coins should you choose. Not because someone got profit trading a particular coin, you will have the same experience with them. It's a matter of managing it along the way.

People have different preferences and you have to make your own.

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January 09, 2020, 08:48:58 PM
 #22

If you're asking which coins/tokens to have a long position in, you're pretty much just asking which coins to invest in.

Tell you what, if you don't want to exert your own effort into doing research on which projects actually could be a good long-term investment, then you probably shouldn't be doing investing in general. Do something else you're willing to actually spend time in instead.
Asking question here in the forum is also another way of doing personal research about which particular altcoins or project to invest for future benefit or profit. If you don't believe so, which other place should be better for one to first hand information about a particular altcoins or project.
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January 09, 2020, 09:15:57 PM
 #23

No one really knows which crypto is going to be good for long term trading. The price of crypto currencies are extremely volatile. No one can predict whats going to happen to the coins in the future. Most of the price predictions are just normal guessing, that's it. The prices of crypto currencies are affected badly by almost every major events taking place in the world. Look at the recent price pump because of the events taking place between the US and Iran, but as soon as it has been declared that they are not willing to go on a war, the price started to fall once again.
Do your own research and find out for yourself which coins are actually good for long term trading. People over here will be biased towards the coins they have invested.

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January 09, 2020, 10:14:46 PM
 #24

For a huge number of altcoins existed today, definitely, it will take time for you to study them all and analyze their market performance. And for that, I'll suggest not to go deeper just choose on the top altcoins https://www.investopedia.com/tech/most-important-cryptocurrencies-other-than-bitcoin/
Don't make yourself stressed about searching cause it is just a waste of time. If you know how to read/analyze their market chart for you to easily choose the best and profitable one because that is the only way it helps you, and that is a simple tip that I could give.
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January 09, 2020, 11:10:04 PM
 #25

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..
If its long term, I go for BNB and ETH. BNB so far has performed well and this company is very well managed so expect that this company will stay on top of its game since they keep on developing their exchange site and they keep on expanding to have a better reach of the market. ADA is also a good choice for long term holding.
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January 09, 2020, 11:35:57 PM
 #26

I will choose XRP and EOS, even look's slow but the price and volume is stable. Has stable movement become good indicator to use it based long term period, if you're expert the point is play with quantity. Long term period strategy need to see chart history about movement and developer progress, if you doing that 90% analysis journey already done, 10% rest only about choosing the right coin.

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January 09, 2020, 11:40:03 PM
 #27

There are coins that follow Bitcoin like LTC or BCH and with those you're still better with Bitcoin. You'll get the same effect but have a safer investment.

You can also try coins that follow the trend in general but can act up like Waves. Those are more risky but can offer big profit if you get lucky and catch the pump.

Anyway, I'd stay with Bitcoin.
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January 09, 2020, 11:59:54 PM
 #28

I wouldn't bother asking people on Bitcointalk which cryptocurrencies are worth going long on. The number of shills and delusional bag holders on this forum is unbelievable.

With that said, I recommend that you take a look at what major hedgefunds are investing in, since they have likely done the research necessary to identify whether a crypto asset looks strong over the long term.

You can normally see their portfolio spread by looking through the hedgefund spec sheet.

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January 10, 2020, 01:08:38 AM
 #29

There are coins that follow Bitcoin like LTC or BCH and with those you're still better with Bitcoin. You'll get the same effect but have a safer investment.

You can also try coins that follow the trend in general but can act up like Waves. Those are more risky but can offer big profit if you get lucky and catch the pump.

Anyway, I'd stay with Bitcoin.
I'm really confident regarding the current condition right now. But I always giving my shot more on Bitcoins rather than considering altcoins even it belongs to the top altcoins. And due to the fact that investing crypto is a risky thing, we should have carefully chosen the right coin/s for either short or long-term trading. We shouldn't just focus on the price today but to look deeper of its potentiality in the future.
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January 10, 2020, 01:56:15 AM
 #30

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..
So far, I prioritize bitcoin and ethereum. I think it is a coin that will have a very high price today. Until now, the two coins have the most recommendations in crypto trading issues, especially bitcoin because this year there will be halving soon.
besides that, I think top altcoin like XRP, BNB, BCH, LTC, Monero, and others can also be considered.

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January 10, 2020, 04:04:29 AM
 #31

if for the long term only Bitcoin is safer and more stable, well even though there is down a price but that is normal I guess. but if you choose Altcoin, there are several Altcoins that you might be able to trade like TRX.  at least you check in the Coinmarketcap to find popular coins and you can join their telegram group for example while monitoring the development of their products and communities

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January 10, 2020, 04:18:19 AM
 #32

For a long term I have coins which I invest is bitcoin and eth. Aside from this, you can of course search which is most profitable since we have top coins in the market. Many crypto enthusiasts suggest which coins for long term but, of course, make your own judgment also.
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January 10, 2020, 04:24:09 AM
 #33

Asking question here in the forum is also another way of doing personal research about which particular altcoins or project to invest for future benefit or profit.
"Personal research", suuuuure. More like spoonfeed-me-information-even-though-there's-so-much-information-on-the-internet. If it was actually "personal research", the questions would be very specific rather than "where to put my munnyz?".

If you don't believe so, which other place should be better for one to first hand information about a particular altcoins or project.
The internet in general! Search engines like Google exists for a reason- to make research a lot easier!

And if what I said is not enough and if you still want tips,

1. Read the whitepaper
2. Do research on what the developers/companies doing concerning the project
3. General background check
4. Research on how the current supply was generated
5. etc

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January 10, 2020, 04:30:31 AM
 #34

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..
Just like what others said dont rely with suggestions here its best to conduct your own research to have a better understanding on the particular coin. You will invest your hard earned money so be careful because anyone can suggest a coin that they want to shill.

Anyway I cant think of any coin for long term holding aside from bitcoin because its proven to be profitable if you hodl for long period. Well it depends on you which coin you prefer.

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January 10, 2020, 04:45:06 AM
 #35

I am a little bit confused, are you asking about trading coins or good alts for investment?  Both are different for me. There is no longer trading, it's hodl! For hodl purpose, after Bitcoin, you should pick the top coins like ETH, LTC, EOS, BNB, LINK, ATOM and so on! Because there is less risk. But yet you should research yourself before investing in any coins, don't follow someone's prediction, strategy, make your own!

Bitcoin is gonna hit 100K usd
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January 10, 2020, 05:47:59 AM
 #36

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..
yeah you can buy Bitcoin or Bitcoin and Bitcoin ,this is Halving season of Bitcoin so there is no perfect investment but Bitcoin if you want to be sure in profit.

but if you are really looking for altcoins?then better go for the next top currency EThereum,Ripple and Binance.

having these 3 in your folio for long time at least year or more?can assure you of making good amount on profit in future.









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January 10, 2020, 06:00:23 AM
 #37

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..
I am not expert, only believe with big coins in coinmarketcap. And altcoin that i hold for long term for now is ETH. Although dumped, i don't think want to sell it as long i still can make earning from my real job. Maybe i hope ETH will pumped again when bitcoin pump come.
Actually everyone is waiting for the moment of the Bitcoin Pump and one of the biggest things ahead is Bitcoin Halving, So we must ready for it. I personally also still believe in coins that are in the top 10 in coin marketcap, and I will continue to hold until their new ATH was reached again.
Some people maybe wait that bitcoin pump include me, but sometime there are other people who warn us,  hope they only want to warn us people so not really rely on bitcoin halving and when it is not like our expectation we not too dissapointed with that. Just afraid if people say that we must be careful because they only want cheap price to buy bitcoin.

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January 10, 2020, 06:02:45 AM
 #38

Well maybe ethereum is a good option or some top altcoins but no one will guarantee you a time frame to make a profit from, but anyway is your choice and sometimes make take longer than you expect to make a good profit.
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January 10, 2020, 06:28:18 AM
 #39

I guess if you want to hold the coin for the long term, bitcoin is the best coins that you can invest. I am not sure if you choose the altcoin will give you a big profit in the future unless you can get a very low price, so you don't have to worry about the fluctuating of the coin price. But maybe you can check on the top 10-20 coin list, and if you can buy at a low price, you can hold that coin, but you need to be careful because if bitcoin price is down, that coin will also down, and you don't know how far the price will drop.



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January 10, 2020, 07:52:50 AM
 #40

Hello people! I'm just wondering.. Aside from bitcoin, what are the other crypto that you are trading? And do you have any recommendation? Thanks in advance..
Kinda depends on what you want out of a coin isn't it? I mean if it is a high high return with high risk then you could always invest your money into some IEO that is coming out new and potentially could make you 30x of your money or lose 80% of all your money as well, you flip a coin there and hope you are right. If you want steady but surely growth over years, I am pretty sure there is no other like bitcoin, you should always consider that in your portfolio when you make one.

If you want both a bit steady but also risky, so in the middle of bitcoin and new coins, you could pick something out of top 10, however I would advise against bch, bsv, xrp, those are coins that are controversial, you can like them or hate them but having them on your portfolio will always be risky. Coins like eth, ada, dash, ltc, eos, bnb, monero would all be pretty decent ideas.

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