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Author Topic: Which coin do you prefer to hold for more than a year?  (Read 1092 times)
Asuspawer09
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January 17, 2020, 11:05:25 PM
Last edit: January 24, 2020, 01:35:09 PM by Asuspawer09
Merited by CryptopreneurBrainboss (1)
 #21

I personally prefer to hold bitcoin and ethereum. They are good coin and more potential to hold for long term.
For it is XRP for most of the popular altcoins in the market this XRP has a lot of potential in the market. Unlike bitcoin which has a high price in the market could also have a high demand and a high transaction fee because of the demand. Compared to XRP which doesn't have high transaction fee at the same time you could invest for a high volume of long term investment for sure we already see the market price of XRP pumping in the market for the past month and I think this is one of the best altcoins in the market that is alternative to bitcoin. There is also an advantage since it doesn't have so many users so for sure there is no traffic in the network sending this tokens, the transactions could take less than 5 seconds and a very low transaction fee that is less than 1 cent is I think to make it a great investment.

And still, I think bitcoin for long term investment is still great and even for short term investment since bitcoin market price is volatile like what is happening in the market today the dump from 12k $ to 7k$ and then now it is starting to recover to 8k-9k$ which is really a great news for a lot of investors.

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January 17, 2020, 11:10:54 PM
 #22

For holding for a long time, there is no better coin except Bitcoin! The crypto market's pumps and dumps depend on Bitcoin's movement! So, this is the best coin for investment. Therefore Ethereum, TRX, XMR, LTC are the best from the altcoins section, and I prefer them too. If everything happens according to the previous records of Bitcoin halving, then there will be huge growth in these altcoins!

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January 17, 2020, 11:13:31 PM
 #23

there are many actually but certainly I will always guard and survive for a very long period of time that is bitcoin ,other alt only for trading with a short time only but always keep ethereum usdt too for trade of course because its mandatory
Bitcoin is always my first choice because its always been profitable not just in holding but even in trading coins. We can also count on to ethereum especially if its reach its ATH again but i don't think when will it happen again. But with bitcoin, there are bigger chances to make huge profits after a year of holding.

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January 17, 2020, 11:22:23 PM
 #24

Even theres a lot of good new project appear in the market I'm always stick to Bitcoin and Ethereum why? Because for a long term run we cannot know if those new project can survive but I'm sure bitcoin and ethereum will continue to dominance in the future and more people will surely know the benefits of cryptocurrency. Tobe honest on a long run we cannot know what will happen to the price of bitcoin and ethereum.

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January 17, 2020, 11:32:27 PM
 #25

I am not a true holder, but if I had to choose, I would choose ETH and BTC to hold it in the long run. I hold a little ETH in my wallet, as a gas reserve for the transaction, if the price of the ETH pump hopefully becomes more valuable. Well, I'm more interested in trading than being a holder, I don't know, it's just a matter of my interest.

Even theres a lot of good new project appear in the market I'm always stick to Bitcoin and Ethereum why? Because for a long term run we cannot know if those new project can survive but I'm sure bitcoin and ethereum will continue to dominance in the future and more people will surely know the benefits of cryptocurrency. Tobe honest on a long run we cannot know what will happen to the price of bitcoin and ethereum.
I also think so. To be a quality token or coin and have a strong market interest, it takes a lot of time, so it's better to choose coins and tokens that have proven quality.

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January 17, 2020, 11:38:09 PM
 #26

Ethereum is a big no for me, I keep saying it, it is a wastr of time holding it when I did. For two years my lose was bigger than the gain. And moreover, it was not only about the gain, little new development are been done.
I hold mostly Bitcoin, Japanese Ethereum and few other  altcoins. I really have high hopes for them and the changes they will bring in the long run. Most importantly seeing more people transacting will this coins will be great joy.
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January 17, 2020, 11:49:23 PM
 #27

Proven by time and any market behavior that bitcoin has been consistent all of this time. There's no need to replace it from my portfolio that's why I have allocated a larger portion for it rather than with any altcoin.

Ethereum is also good, I'm still good with this coin and waiting for the positive result of what it's going to do with the PoS replacement. Although sometimes when I'm alone and realizing, I almost give up with this coin.

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January 17, 2020, 11:57:09 PM
 #28

will be many surprises this year. after the recent rise in bitcoin prices. it became interesting to wait because it looks like altcoin has gone up. ex: btg and several other coins. I hold eth and BCNEX, I think this is a potential coin for the long term.

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January 18, 2020, 12:09:46 AM
 #29

Holding more than a year is not suitable for me, I do not have high patience to hold my coin in years, I'm a trader but I'm also a trend follower. The meaning of the trend follower is I will only buy and hold if the trend is in bullish. I want to build a solid portfolio that consists of few altcoins and bitcoin. Ethereum and bitcoin is now in my watchlists again because it seems that there will be a market reversal that will happen.
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January 18, 2020, 12:47:40 AM
Merited by Sled (2)
 #30

If you are looking for a long-term investment, it is only Bitcoin could give you assurance of gaining profit. However, It is not 100% that you can double or triple your money in a year cause we know market volatility that will change its course in the future.

Other than that, we could also consider the top 5 altcoins but ain't good for a long-term hold (just for me). It all depends the market position and as a holder/investors, we also have to track our coins every now and then to check if we are in good or not.

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January 18, 2020, 01:16:42 AM
 #31

Choosing Bitcoin in my opinion is appropriate, if it is to hold for a period of one year.
Altcoin which I hold in a year must be established in the market and has the potential to increase every year such as BNB, LTC, and dash.
I believe these three altcoins will follow the price of the BTC.
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January 18, 2020, 01:22:33 AM
 #32

I personally prefer to hold bitcoin and ethereum. They are good coin and more potential to hold for long term.

I personally can't see 1year+ holding potential in any major cryptocurrency (BTC, ETH, XRP, LTC, BTH etc.), but they're profitable enough to hold for 1-3 months.
But I noticed great sideways activity in NEO charts and how I use it like safe place to hold big funds I yet don't know where to put in.
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January 18, 2020, 01:36:56 AM
 #33

Choosing Bitcoin in my opinion is appropriate, if it is to hold for a period of one year.
Altcoin which I hold in a year must be established in the market and has the potential to increase every year such as BNB, LTC, and dash.
I believe these three altcoins will follow the price of the BTC.
Unlike any market situation bitcoin will give profit out of the investment. With bitcoin I never go with a targeted holding, I just hold practicing buy/sell to get small profit out of the difference. This will help in making the holding value increase little by little. Apart from bitcoin the next big thing in the market is ethereum. I try to buy a small amount of ethereum whenever there is small excess amount in hand after meeting all the daily needs.

Bitcoin and ethereum contribute increased percentage while other altcoins with low price on the top order as well as few altcoins having increased trading volume.
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January 18, 2020, 01:54:27 AM
 #34

For long-term storage, I did choose bitcoin and until now I'm still little by little bought it. For altcoin, it seems I am still a little doubtful, I better play short term only when profit is visible, I will sell.
I am sure mid-2020 to 2021 will be a very good year for bitcoin itself.



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January 18, 2020, 01:58:54 AM
 #35

It is indeed the two of the best coins to hold for more than a year, if you want less risk then go for those two. But I personally prefer Binance coin to hold, the coin have more potential to grow as they are burning some tokens quarterly and no doubt that their binance chain are still growing with top class altcoins in the market.
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January 18, 2020, 01:59:03 AM
 #36

Choosing Bitcoin in my opinion is appropriate, if it is to hold for a period of one year.
Altcoin which I hold in a year must be established in the market and has the potential to increase every year such as BNB, LTC, and dash.
I believe these three altcoins will follow the price of the BTC.
I also have a lot of options for the time being but currently should only hold Bitcoin and some good coins in top 100 because these are very popular options for everyone. I think LTC, DASH, BNB can help you to make good profits in the long term but you should consider selling if possible because this market is often very volatile and can not predict what will happen next.

Of course, the investment decision is yours and no one can intervene so make the right choice for your investment.

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January 18, 2020, 02:04:31 AM
 #37

I know that Ethereum is good, but just for short term holding. moreover ethereum is still on bearish market now
I'd prefer to hold Bitcoin for long term. awaiting for next All Time High

For me, Holding altcoin for long term is often risky, it is just good for short term.
altcoin is often pump more than 10% in minutes, if we can take advantage, we could be rich in short time too.

 
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January 18, 2020, 02:06:06 AM
 #38

I personally prefer to hold bitcoin and ethereum. They are good coin and more potential to hold for long term.

Bitcoin, ethereum litecoin Dogecoin are just some of the coins that I comfortable holding even if the market is bleeding even there news of FUDS I just knew that no matter what happens, these coins will perform better and will rally, they have proven their worth overtime, so I have no second thought holding them long term.

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January 18, 2020, 02:07:36 AM
 #39

Considering the nature of the altcoin market, holding unto a particular coin for more than a year will not be the wisest investment plan. The entire nature of the altcoin market is suitable for daily trading or margin trading rather than holding the coin for more than a year. It might be worth less than the initial amount you purchased it. The year 2018 and 2019 are typical example of how it is unsafe to hold altcoins for a long time.
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January 18, 2020, 02:22:20 AM
 #40

I personally prefer to hold bitcoin and ethereum. They are good coin and more potential to hold for long term.

when we enter the cryptocurrency the two coins we must have are bitcoin and ethereum. both coins are indeed more suitable for long-term investment. You can also choose some of the top CMC coins as a reference. I also have several altcoins which in my opinion have a large enough potential to increase and can last a long time in the altcoin market, namely Litecoin, Doge and EOS. and always do your own research before choosing a coin.

 
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