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Author Topic: By now, is it worth to invest in major altcoins for the long term?  (Read 1184 times)
yamasis (OP)
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January 21, 2020, 08:58:05 AM
Last edit: January 28, 2020, 01:36:39 AM by yamasis
 #1



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?

Btw, has anyone experienced BISPEX exchange known as its insurance funding?
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January 21, 2020, 09:08:18 AM
 #2



No one can and no one should make that call for you. If you need investment tips, you shouldn't ask them from random people from the internet. Study the markets yourself and act accordingly. You are in danger of losing your money if you need someone else to make that decision for you.

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January 21, 2020, 09:10:50 AM
 #3




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?


Which big Altcoin has lost its value? I think you are wrong to see it, maybe you see BCH and BSV as the second shitcoin, this might be the same big altcoin as your mind or as shitcoin, so far the other big altcoins don't lose their value it's just that they are in the bear market so it's difficult to develop value even bitcoin , but it seems like there have been many big altcoins that have risen in price since yesterday, it seems like the right time to invest long term where all altcoins are gradually recovering, but trade at your own risk.

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January 21, 2020, 09:14:18 AM
 #4

Just do your own research and go for it, but you can read some crypto enthusiasts feedbacks, analyze it but at the end of the day you are the one who will make the decision. It is your choice, following a signal is not recommended, most of them are scammers fooling people to buy at a certain price so they can dump.
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January 21, 2020, 09:30:49 AM
 #5

depending on how you respond, crypto requires investors / traders to keep the cryptocurrency ecosystem running. if we or you stop here and don't take any action, then it's the same as wanting cryptocurrency to die slowly. That's right, now choosing Crypto for short-term and long-term trading is going through a difficult time, but by doing analysis and research, it seems like not all big altcoins have bad credibility. try to learn again
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January 21, 2020, 09:37:27 AM
 #6

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?
Major altcoins can be considered as the most reliable investment after btc. So, they are not worse than the newly listed projects. So what interests me is if we do not recommend investing in them, will you just invest in btc? It would be better to accept these prices. Because you have no other option to trade by eliminating such altcoins.
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January 21, 2020, 09:40:39 AM
 #7

in investing it should focus on research done alone, but the current altcoin for me is suitable for short-term investment and trading. while the long-term investment I think is still too large in risk, it would be better at this time to trade only and for long-term investment I would prefer bitcoin
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January 21, 2020, 10:38:01 AM
 #8

      The risk of losing your investment is much higher when you invest your money in someone else who is not so known. If you want to invest a large amount of money, for your peace of mind it is advisable to invest them in top currencies (such as ethereum, cardan, onthology). You can risk small amounts on unknown altcoins.
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January 21, 2020, 10:40:03 AM
 #9

in investing it should focus on research done alone, but the current altcoin for me is suitable for short-term investment and trading. while the long-term investment I think is still too large in risk, it would be better at this time to trade only and for long-term investment I would prefer bitcoin
When compared to bitcoin, bitcoin is a coin that is suitable to be invested in the long run, but actually it does not rule out the possibility that some altcoins have great potential to be held in the long term like eth or ltc, which until now I still hold it. It is true that you say that altcoin is very suitable to be traded and held in the short term, but it all depends on the choice of each person in making decisions and opportunities.

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January 21, 2020, 12:13:06 PM
 #10

I have been hearing that even major altcoins are gradually losing its value.
Don't just listen to it but look at the market, you don't have to be dependent with the people's voice if you can look it on your own. Since the bear market of 2018, majority of the altcoins lost their value and they are just starting to recover.

For long term investment purpose, no more investing in major altcoins recommended?
All in for bitcoin? It's a yes.

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January 21, 2020, 12:42:51 PM
 #11

This really only depends on your own thoughts. You can't refer too much to the opinions of others. Otherwise, you will lose money. I think you will scold others. Investment is considered by yourself, so that you make money and lose money, all by yourself. For newbies, I suggest having space for time. Read more encrypted books. To learn about Bitcoin,...

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January 21, 2020, 12:59:02 PM
 #12

I've been in the crypto industry for a fair amount of time and I haven't heard major altcoins that's been losing it's value. Just dropping price, yes. But not losing its value because every cryptocurrency have its own uses which can still be used no matter its value so i don't think only the price drops.

If you mean losing value is decreasing the price of a certain coin, well it's a natural scenario that you can find on the market we may say that we are on the bearish market for a period of time but it will soon be back to the bullish market you just need to have patience  Wink


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January 21, 2020, 01:02:51 PM
 #13




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?


Not every altcoin is going to die so you can actually invest on them when the prices of bitcoin is going to explode because it will also results in major altcoins o spike up from their current price.
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January 21, 2020, 01:09:28 PM
 #14




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?


Long term is actually better to Bitcoin because the price is quite far if there is an increase or otherwise it makes Bitcoin suitable for the long term. It's actually a good altcoin can also be the origin of choosing with a really good project but it is better for short term only.

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January 21, 2020, 01:15:20 PM
 #15

Even when major / reputable coins are down, they still have the ability to raise prices unlike shitcoins which, when dropped in price, will have a hard time rising and eventually become dead coins. That's why it's better to buy these major altcoins now because we can definitely make a big profit here. Especially when bitcoin prices start to rise.
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January 21, 2020, 01:24:23 PM
 #16

      The risk of losing your investment is much higher when you invest your money in someone else who is not so known. If you want to invest a large amount of money, for your peace of mind it is advisable to invest them in top currencies (such as ethereum, cardan, onthology). You can risk small amounts on unknown altcoins.
i agree on what you have said that dont invest in a project that is not known cause the risk will be higher compared to projects that is already on top 100 coins which will give you high percentage to get profit.

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January 21, 2020, 01:25:55 PM
 #17

Even when major / reputable coins are down, they still have the ability to raise prices unlike shitcoins which, when dropped in price, will have a hard time rising and eventually become dead coins. That's why it's better to buy these major altcoins now because we can definitely make a big profit here. Especially when bitcoin prices start to rise.
That is something that often happens to new coin where when they are listed in exchange, the price slowly decreases and disappears. It is true that it is better to invest in a large altcoin or top altcoin to minimize this and also minimize the possibility of getting large losses. But do not forget to observe and determine at what point you will buy the coin and make no mistake in making decisions.
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January 21, 2020, 01:39:02 PM
 #18

For long-term investments, I am a little hesitant on altcoin, both large and in the development stage. Long-term investments in altcoin are far more risky to lose, fluctuating prices are very difficult to predict. But if just trading altcoin is indeed more profitable quickly compared to bitcoin, of course your prediction must be really valid or in accordance with what will happen. My advice is the most important analysis or research and find an accurate reference or source, then do what you have to do. A secure portfolio allocation that is for bitcoin no less than 50% of your total investment.

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Adriano2010
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January 21, 2020, 01:41:56 PM
 #19

Yes is still worth to invest in altcoins with a good history and even if they nor bring profit in short time we should really wait for altcoin bull run, but if have enough money choose also bitcoin.
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January 21, 2020, 01:46:27 PM
 #20




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?



If you are not going to invest in major coins in the market, then it's better to not invest at all, major altcoins have proven their worth over the years, these have all the volumes, define the market, and these major altcoins are the reason why the industry is moving forward, it's the new coin that are holding crowdfunding  that you should not invest, because of uncertainty in their future. 
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