Are research on altcoins for long term investment worth it??

[cytpoway121]

I was once a long term holder but now I have a different mindset, please learn to take profits when they are available, that's the best way to earn and increase the quantities of your coins

This is just the best of words i preach and love to hear.
As a trader, you must always keep your emotions aside, and ensure that you take your profits once the opportunity show.

In trading, there are several opportunities to take profit, and you cannot allow emotions at all.
Continue to do your own research

[pixie85]

It's not a waste of time if you like it. Some people will find the most trivial things entertaining so if you like to look for that one altcoin that's really worth it be my guest.

Long term investing in altcoins is very risky because many projects get abandoned by their teams and don't receive updates. For small coins with low market cap it's like a death sentence. Some other projects are centralized like XRP and those also can disappear if the company faces bankruptcy or dissolvement.

[HunterUnchained]

Surely, it's only wise to make complete findings and research about any investment venture you wish to undertake. Investment in crypto altcoins in no different. You need to thoroughly research on the foundation of the project, the team involved, the partnerships and above all the genuine nature of the project and the solutions it offers. If you can get concrete answers to some of these questions surrounding your research, it will form a basis for your investments. You can't just go about investing haphazardly on just about any project. If you do this, you will be exposing yourself to immense risks.

[r32godzilla]

Ethereum could be an interesting altcoin for long-term investment, finally they develop the long-awaited Ethereum 2.0 update, finally we see who will dominate the market with smart-contracts.

[pikkie]

Ethereum could be an interesting altcoin for long-term investment, finally they develop the long-awaited Ethereum 2.0 update, finally we see who will dominate the market with smart-contracts.

if you buy ethereum for a long-term investment I think it will provide a very high risk because the price of ethereum can collapse immediately, but it doesn't hurt if you dare to try it might be able to get a lot of profit from ethereum.

[XCANA]

I wouldn't agree on the long-term investment with altcoins reason be that, many of  these altcoins aren't good for long-term investment because of their early dumping from hunters or investors like your type. I have been holding some of my altcoins from 2018 and the prices had started going down to zero which is painful to me seeing my investment going down to zero. I will advise anyone to be more careful while making investment decision on altcoins especially this era of scammers taking over the cryptocurrency business. Most project dumped their token on investors.

[bittick]

Ethereum could be an interesting altcoin for long-term investment, finally they develop the long-awaited Ethereum 2.0 update, finally we see who will dominate the market with smart-contracts.

if you buy ethereum for a long-term investment I think it will provide a very high risk because the price of ethereum can collapse immediately, but it doesn't hurt if you dare to try it might be able to get a lot of profit from ethereum.

That's only your opinion but when it's too risky to buy it as our long term investment and what about those coins who placed below ethereum in term of market capitalization? is that mean if those coins are not even really worth to be buy by everyone here?

[naureen978]

Research is mandatory part if you want to enter/join any project or business firstly you should research on that project before join or invest in it. otherwise, you may loss your money or time.

But if you have free time like now most of places are lock-down thou you can try few new project who offering just promote them for reward. Join them and get few bucks in your pocket wisely.

Thank you

[Perfect35]

I was once a long term holder but now I have a different mindset, please learn to take profits when they are available, that's the best way to earn and increase the quantities of your coins

This is just the best of words i preach and love to hear.
As a trader, you must always keep your emotions aside, and ensure that you take your profits once the opportunity show.

In trading, there are several opportunities to take profit, and you cannot allow emotions at all.
Continue to do your own research

While we think of the profit that we make or will make, we should also think of the possibility of losing. If we already have this in mind, we will know when to stop-loss, which is very important. While trading, there are times that there will be a general fall in the market and sometimes it might affect just the coin that is being traded. Whichever of the two, it will help you to know which strategy to use in gaining back your money and perhaps make profit.
If a coin is not profitable, that does not mean that others will not. You can switch.

[Valzador]

when you're ready to hodl for a long time. It is better you do all that research on trading TA wise for btc & eth than any other altcoin whatsoever.

For the bitcoin part, I agree, but for ether, I don't agree, we can debate this issue.

A little insight for you, xrp is more feasible for long-term investment compared to the ether, because there are so many xrp partners, you can see it at https://ripple.com/customers, try to compare it with ether which is a coin supported by the community, we already understand that company support is better than community support, you can disagree with my statement, now I ask, what are the factors that make ether worthy of being chosen as a long-term investment?

[Danslip]

Before joining in any project or choosing altcoins we should make own research, it is so important in my view. But no doubt sometimes researching takes really a bit a long time and can be called wasting-time. But it is absolutely worth l mean without making any research it is really risked joining project or maybe invest. We can not trust anyone about invests, even though wasting-time we have to make it.

[adzino]

Altcoins doesn't include only IEOs, ICOs and projects. There are also other well known and well established altcoins. Try looking into it. All those altcoins I am talking about does have some value and is used by everyone. So investing for a long term on these altcoins is actually a really good choice.
And yeah, its a waste of time looking at those new projects. Most of them are just scam.

[Youghoor]

Yeah, but only if they are coins that have good use case worth looking into. Look for coins that have working products in this industry and i can say coins like $DIVI, $BNB, $LINK are good choices that you can choose from.

[kceekcee]

Researchs are worth it, you must always remember.
Either you are a bounty hunter, a trader or an investor, you must always do your own research and get basic information, assumptions and facts before going into a trade.

[shadowdio]

researching the project is not waste of time but if for you it is waste of time then you should invest in the top cryptocurrency. New cryptos can be more risky but it can go pump if people interested the project, more people will buy.

[bitcoinst]

When betting on the long term, you must take into account the fact that in addition to the instability of the coin itself, we are also dealing with the instability of the market itself, and bitcoin in particular.
This globally affects all altcoins, sometimes extremely unpredictable. However, there are things that in any case will positively affect the price in the future - this is the demand for technology.
If a coin, no matter how much it costs now, has good potential in the future, then this will be a good investment, although no one will give guarantees.

[Ifemini]

To be very frank, Researches on long term investment are worth it, especially if you are able to pick the right gems from your research works.
Altcoins long term investment can give you 100x and even 500x if you can choose the right project.

Always do your own research.

[OasisDre]

Here is what I do about altcoins, don't get me wrong altcoins have biggest ROI so all I do is go for IEO projects on binance and dump after the IEO is over, then buy back Bitcoin or Ethereum, these are the two coins I trust the most

[Furryball]

It's not that easy to pick good altcoins out of many and new altcoins are more risky option, Im in loss today because I choose the wrong altcoins and they keep dumping in value, the only chance I have left to recover is if another altcoin season begins

[hiburak]

I totally disagree. While the majority of the cryptos are not worth for long term investment, there are a lot of gems hidden and waiting to be explored by the investors.

The fundamentals of every crypto is different. So, it is better to do some deep research to understand whether a token is overvalued or undervalued.