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Author Topic: By now, is it worth to invest in major altcoins for the long term?  (Read 1184 times)
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January 22, 2020, 07:35:16 PM
 #81




I have been hearing that even major altcoins are gradually losing its value.

For long term investment purpose, no more investing in major altcoins recommended?



That was 2018-2019 rule, bro. For now I would say it's time to begin investing not only in BTC but in main altcoins too. Crypto Spring is near, buy low, sell high, not in reverse Wink

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January 22, 2020, 08:47:10 PM
 #82




I have been hearing that even major altcoins are gradually losing its value.

For long term investment purpose, no more investing in major altcoins recommended?



I do not know where you heard about major altcoins losing value, All crypto currency tokens has dropped  in value, and doing remarkably well considering that we are in the bearish run.

But then, when you consider tokes such as litecoin, mixin etc, then i would say altcoins are doing great, as a trader, all you need to do is figure out an investment strategy that works well with your choices and emotions.

Always dyor any time its investment related
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January 22, 2020, 09:08:48 PM
 #83


I have been hearing that even major altcoins are gradually losing its value.

For long term investment purpose, no more investing in major altcoins recommended?

What do you think? I am pretty sure you have done your analysis of the market. Have you seen that the altcoins are losing its value in the long run? Did you just go through the new coins or the ones that have existed and is being being used on regular basis? What conclusion did you come to? If you haven't done all these research of your own, then please don't invest on anything. Don't rely on peoples opinion/suggestion. Do your own research. This is your money and you will be risking your money, not us. People don't really care if you make a bad investment based on their suggestion since its not their money that you are going to lose.

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January 22, 2020, 09:21:39 PM
 #84




I have been hearing that even major altcoins are gradually losing its value.

For long term investment purpose, no more investing in major altcoins recommended?


That's right, for a good investment you need not only a good asset (coin), but you also need a suitable time and a suitable plan. Without the last two, it will not be an investment but a hassle

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January 22, 2020, 09:45:13 PM
 #85

a slightly wrong assumption in my opinion if only associated with loss of value in just a few years.

the main requirement for an asset is to always move in a tiered volume ratio. This can't be considered bad even if altcoin touches ATL again, the most important thing is that the circulation of transactions is always consolidating. All altcoins experience the same thing only because dominance is currently held by bitcoin, altcoin will have its own time in the next few opportunities.



 

 

 

 

 

 


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January 22, 2020, 09:58:09 PM
 #86

It is also important to know those supporting a project and analyze the product with its liquidity. I was surprised to see some absent project on the CMC and coingecko. It must have started with exchange delist before removal from the marketcap, coins like ICONOMI, Verisatum etc. they were on the top 100 coin on the marketcap for many months. So high marketcap does not mean anything especially for new projects.

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January 23, 2020, 12:05:57 AM
 #87




I have been hearing that even major altcoins are gradually losing its value.

For long term investment purpose, no more investing in major altcoins recommended?



That was 2018-2019 rule, bro. For now I would say it's time to begin investing not only in BTC but in main altcoins too. Crypto Spring is near, buy low, sell high, not in reverse Wink
Yes. This year is a good start for all traders and investors as btc price started the year with a higher price and eveb some good altcoins too. We should look forward into major altcoins too especially that halving is already near and that we can expect more chances of making profits again once the market becomes stable again.

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January 23, 2020, 05:30:00 AM
 #88

Im not losing hope when it comes to altcoins hence I believe major coins are still worth investing, you just have to conduct your own research to know if the particular coin is worth investing or not.

Just because we experience long bearish trend for alts doesnt mean it cant recover back anymore. If the coins has potential no matter how long it takes it will bounce back once alts season started. So if believe in alts, you will invest despite of the bad news circulating around for altcoins.

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January 23, 2020, 05:49:00 AM
 #89

we have to see the market development, personally I think investing in the top altcoin can already be started but a gradual buy is indeed a safe way for now, with small funds to secure funds from market risks. and the most important thing is to see the price action on the invested altcoin, and use accuracy when you want to start it.

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January 23, 2020, 05:51:13 AM
 #90

For investment in major altcoins in my opinion is still recommended at this time, although indeed a few days some major altcoins
has decreased prices. But the price decline is still within reasonable limits, after a few weeks ago several major altcoins had risen
following the price of bitcoin. And now it's just being corrected down, because I'm sure in the next few weeks the price will rise again.
So if you want to invest in major altcoins now is the right time, because the price is down.

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January 24, 2020, 02:21:34 PM
 #91

Well, you can profit off exchange tokens like BNB and ecxx even in a bear market
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January 24, 2020, 03:40:52 PM
 #92

Losing value of some major altcoins os due to volatility and that is normal. Almost all of them depends on the Bitcoin price movement. I will not say that major altcoins are 100% fail-free but they are there in years so we can say that they will stay. It is still.you decision if you will invest on them in long-term.
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January 24, 2020, 07:12:26 PM
 #93

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January 24, 2020, 07:25:59 PM
 #94

For Long term, it is not a bad idea. I think majority of ones portfolio should be in BTC though. A little percentage can be in alts coins.

BTC contro;ls the market so basically is it lesser risk.
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January 25, 2020, 03:18:14 PM
 #95

For Long term, it is not a bad idea. I think majority of ones portfolio should be in BTC though. A little percentage can be in alts coins.

BTC contro;ls the market so basically is it lesser risk.
Altcoins especially ethereum are making a decent percentage of the long term investors along with bitcoin. Bitcoin is the leader of all altcoins and if one wants to have profits in short term, altcoins are best for the job. Altcoins fluctuate sometimes on daily basis as well and usually on week basis. There is no doubt that maximum of the portfolio shall comprise of bitcoin followed by famous altcoins to be safe.

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doomloop
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January 26, 2020, 05:30:59 PM
 #96

For Long term, it is not a bad idea. I think majority of ones portfolio should be in BTC though. A little percentage can be in alts coins.

BTC contro;ls the market so basically is it lesser risk.
Altcoins especially ethereum are making a decent percentage of the long term investors along with bitcoin. Bitcoin is the leader of all altcoins and if one wants to have profits in short term, altcoins are best for the job. Altcoins fluctuate sometimes on daily basis as well and usually on week basis. There is no doubt that maximum of the portfolio shall comprise of bitcoin followed by famous altcoins to be safe.
All veteran users of crypto currencies know where bitcoin stands and which altcoins desperately follow the price movements of bitcoin. Ethereum is undoubtedly among the top altcoins that walk on the steps of bitcoin in regard of price. For short term, I personally prefer and suggest top altcoins such as VET, instar, ethereum. Though ethereum might not show big fluctuations of weekly basis but rest do.

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January 26, 2020, 05:44:15 PM
 #97

Investing on altcoins were really good. Whether it is bitcoin or any of the cryptocurrency, whoever had patience to hold has profited out of the same. In general long term holding increase the profitability than going for short term benefits. When it comes to major altcoins there is assurance of growth, and the trust it has gained throughout keeps the market stable without big collapse.
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January 27, 2020, 05:20:20 PM
 #98

For investment in major altcoins in my opinion is still recommended at this time, although indeed a few days some major altcoins
has decreased prices. But the price decline is still within reasonable limits, after a few weeks ago several major altcoins had risen
following the price of bitcoin. And now it's just being corrected down, because I'm sure in the next few weeks the price will rise again.
So if you want to invest in major altcoins now is the right time, because the price is down.


invest in the type of potential coins or large altcoins there is no right time to start to invest in them, if we believe in the growth of the coins themselves in the future and of course have to do research in advance about the altcoin we will choose, so that later we will not will be trapped into investing the money we have in the type of junk coins that cannot last long

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January 27, 2020, 05:26:29 PM
 #99

Of course, altcoin is still suitable for you to invest in the long term. But you need to carefully choose altcoins because there are thousands of altcoins in this market, and most of them are scams. So you need to choose the best altcoins to invest in the long term. Go to coinmarketcap and choose the top altcoins there.

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January 27, 2020, 05:31:00 PM
 #100

In my opinion, if you want to invest in the long run, it is recommended to choose the best coins in the market, especially like Bitcoin, Eth, Eos, & BNB. they are coins with great potential for future investment. and if you have invested with top coins, it is important for you not to panic and stay patient while waiting for the market to improve.
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