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Author Topic: By now, is it worth to invest in major altcoins for the long term?  (Read 1201 times)
plvbob0070
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February 22, 2020, 04:57:56 PM
 #141

The major altcoins in the market or simply the top rank crytocurrencies that you see in the Coinmarketcap is totally suited for the long term investment. To be honest, it is worth it to invest in major altcoin and I know majority of members here are holding different top performing altcoins such as Ethereum, Ripple, Binance Coin and many more.

To OP, the major altcoins in the market will never lose it's value and in fact, every year passes and more people will start supporting it, the more chances it will become more valuable in the future that's why stop thinking that they will gonna lose their value and maybe try to focus on diversifying your investment so once the market will rapidly go up, you can gain better profit.
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February 22, 2020, 06:26:36 PM
 #142

you can go and visit coinmarketcap, here you should consider top 20 altcoins and do some research about those, also check some team profiles and social activities on their official pages. The best you found could be help for you.
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February 24, 2020, 12:36:04 AM
 #143

Check this coin out. Windingtree.com - $lif.

This is a token, which the tream isn't trying to hype, to fill their own pockets. They are building a big platform, for airlines/hotels. They already have many partnerships with big brands.

https://twitter.com/windingtree/status/1230462368599224321

Big news will be released on 6 march.
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February 24, 2020, 01:09:14 AM
 #144

The major altcoins in the market or simply the top rank crytocurrencies that you see in the Coinmarketcap is totally suited for the long term investment. To be honest, it is worth it to invest in major altcoin and I know majority of members here are holding different top performing altcoins such as Ethereum, Ripple, Binance Coin and many more.
Thats true popular coins are still the best when it comes to long term investment. Holding well-established coins has an advantage compared to new coins because you dont need to worry that it might become shitcoins in the future. So if these top coins decrease in value, take the chance to accumulate.

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February 24, 2020, 02:00:02 AM
 #145

You,ve been hearing that major ot those top altcoins are losing their value.

But have you seen it yourself if they really are? As far as I can see, its price is starting to grow right now compared to last year, maybe you are considering shitcoins as your major altcoins?

About bispex, sorry to say but I don't use that exchange so I can't provide you a valid statement about their insurance funding.
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February 24, 2020, 02:27:57 AM
 #146

Major altcoins are still good to invest, I still recommend to invest in major altcoins for long term because most of the major altcoins has potential to increase more and can survive for long.
.

That's true only lunatic people will risk their money on those new projects. Almost all of new projects being introduced even at IEO of major exchange still go down and its really not that feasible unless the project can sustain value and liquidity. But this market is full of clowns who keeps playing with this.

Just think about this, those altcoins have started to be a small project in the beginning and have survived the bloodbath, which is normal in crypto market cycle.

This indeed the right way, but in terms of progress like the previous pioneered project such as eth, eos, trx they are totally different with these new ones whom only thinking is making value and trade in more exchange. We need something that focus on platform and real use cases. Not only value at market.

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February 24, 2020, 05:25:57 AM
 #147

The major altcoins in the market or simply the top rank crytocurrencies that you see in the Coinmarketcap is totally suited for the long term investment. To be honest, it is worth it to invest in major altcoin and I know majority of members here are holding different top performing altcoins such as Ethereum, Ripple, Binance Coin and many more.
Thats true popular coins are still the best when it comes to long term investment. Holding well-established coins has an advantage compared to new coins because you dont need to worry that it might become shitcoins in the future. So if these top coins decrease in value, take the chance to accumulate.
major coins will always get fund allocation frome each traders and investors. so we will always see high liquidity on it, and price tend to rise slowly. investors will try to get as much as they can major coins in their bag when its price dumped in bearish market condition. so far major coins will get high portion our fund than coins outside top 10 cmc.


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February 24, 2020, 07:06:00 AM
 #148

Major top altcoins are good for long term investment but if you need money quickly you should consider Bitcoin, it's very good for short term and long term investment and the risks is limited unlike altcoins

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February 24, 2020, 07:20:33 AM
 #149

Major top altcoins are good for long term investment but if you need money quickly you should consider Bitcoin, it's very good for short term and long term investment and the risks is limited unlike altcoins

bitcoin limited risk ? thats what you guys think maybe because it is old an old age coin but its still verry unstable  .  the risk is actually more higher on bitcoin than on altcoins  but your right  , altcoins works good if you are not in a hurry and if  you just want to sit you money on it for a while , while still expecting something in return  . not just major but minor altcoins are okay too invest too  . its not good if people only focus on major altcoins because that wont give a balance to the crypto market  .
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February 24, 2020, 07:55:18 AM
 #150

If what is meant is to invest in crypto which is in the top 50, I think it can be used as a long-term investment. Many projects that I think have potential for growth and if liquidity is a factor that needs to be considered, I think choosing crypto in the top 50 is a rational choice
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February 24, 2020, 10:44:37 AM
 #151

Only if you were able to get a good position when you will be purchasing an altcoin, let just say you got ETH when it was below $200 then you are on the right spot. Something like that however for other tokens/coins, I don't see any that is worth the hold. Maybe, one would be BNB since innovation every now and then.
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February 24, 2020, 10:56:39 AM
 #152



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?

Then you heard the wrong thing, a typical example of a major altcoin is Ethereum, can you say it is losing its value. Another is BNB can you also say it is losing its value?. There is no argument there is always a time when the market dumps and all coins not only major altcoins will be hit but what signifies or shows how valuable some coins are is their ability to regain their price when there is a positive growth in the market. Ethereum for example dumped but this year it has regained its value although not as expected, but better than it was. Therefore, in my own way of doing things, Ethereum as a major altcoin is good for long term.

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February 24, 2020, 02:57:24 PM
 #153

If what is meant is to invest in crypto which is in the top 50, I think it can be used as a long-term investment. Many projects that I think have potential for growth and if liquidity is a factor that needs to be considered, I think choosing crypto in the top 50 is a rational choice
Be sure to choose the best on the top 50. I'm telling you that it's a wise idea but don't get into that idea because they're all in that top number. Not everything that you can see there is worth of your time and money to invest. I see some good long term altcoins there but some of them are heavily out of my choice for some reasons. Generalizing the top 50 but be picky to choose the best out of them.

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February 24, 2020, 03:23:26 PM
 #154



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?

Then you heard the wrong thing, a typical example of a major altcoin is Ethereum, can you say it is losing its value. Another is BNB can you also say it is losing its value?. There is no argument there is always a time when the market dumps and all coins not only major altcoins will be hit but what signifies or shows how valuable some coins are is their ability to regain their price when there is a positive growth in the market. Ethereum for example dumped but this year it has regained its value although not as expected, but better than it was. Therefore, in my own way of doing things, Ethereum as a major altcoin is good for long term.
After all, big altcoins are always worth investing in the long term but this only works when these projects have a trusted community and have been growing steadily for a long time. However, this market will have ups and downs that people can easily recognize, the responsibility and the opportunity to profit will not only belong to the project, it will be an extra part of our responsibility in this process, if we engage in the right stage and price, the investment will become great in the long run or vice versa,  eth is a good example if we bought from last year, we were profitable this year

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February 24, 2020, 03:49:36 PM
 #155

I heard chromia and coti, both worth it for long term.

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February 24, 2020, 03:57:01 PM
 #156



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.

Possibly Ethereum can be suggested to OP for long-term investment as this altcoin has been in the market making waves around. I have invested in Ethereum for a long term, this investment fetched me more profits than any other altcoins back in 2918, I can recommend this altcoin anytime any day. Though, this is not an investment advise, use with discretion. What worked for me may not work for you, wishes you an investment success in cryptocurrency.

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February 24, 2020, 04:15:31 PM
 #157

Once upon a Time almost all altcoins lose 70- 95percent of their value, that was the best time for anyone to have accumulated enough altcoins, by now they should be smiling because even without altcoin season some altcoins brings huge profits already e.g OKB token

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February 24, 2020, 04:35:22 PM
 #158



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?

Let me start with one quick note - no one can recommend you to invest or not to invest, because it is strictly personal decision, so yeah.
Imho most of the altcoins won't make it through this decade with positive value gain results.
So you got to make sure what you are investing in - we are not in 2018 and market is showing signs of maturity not following btc all the way.
Each project has potential ,but you should believe in their results.
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February 24, 2020, 06:10:15 PM
 #159

From my point of view, it is important to evaluate the value, not the price. An interesting strategy is to choose the industry you are interested in and try to look for real solutions that solve some real problems. And I personally look at the ones that are coming with blockchain implementation
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February 24, 2020, 06:11:10 PM
 #160

From my point of view, it is important to evaluate the value, not the price. An interesting strategy is to choose the industry you are interested in and try to look for real solutions that solve some real problems. And I personally look at the ones that are coming with blockchain implementation

I agree with you here, such straregy definitely makes sense. And as for you, are you having many industries you are following?
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