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Author Topic: Which virtual currency is suitable for long-term investment?  (Read 418 times)
Zeehaxan
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December 28, 2020, 06:15:14 PM
 #21

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term. although bitcoin and ethereum are center of focus for big financial institutions such paypal and the rest of the fintech giants.

Yeah staying in coins from top10 or 20 is the best thing to do because they have got the maximum acceptance in the market already. Analysing the current prices i think eth and tron are good to buy as they are still below previous highs so potential is high.

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December 28, 2020, 07:14:24 PM
 #22

The main advantage of investing long-term in cryptocurrency investing is maximizing profits, and minimizing losses.
and in my opinion besides bitcoin the best choice for long-term investment, the top 10 altcoins can also be relied upon for long-term investment and besides that are coins that have been around for a long time and are trusted which in my opinion will provide good returns in the long term and most importantly have to be patient .

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December 28, 2020, 08:05:47 PM
 #23

The main advantage of investing long-term in cryptocurrency investing is maximizing profits, and minimizing losses.
and in my opinion besides bitcoin the best choice for long-term investment, the top 10 altcoins can also be relied upon for long-term investment and besides that are coins that have been around for a long time and are trusted which in my opinion will provide good returns in the long term and most importantly have to be patient .

not all in the top 10 alts can be trusted right now. just look at xrp which is in the top 4, and this one is somewhat fragile to touch because of the current issue with the SEC. imo, btc and eth are the safer choices for the moment. eth with the ongoing development with their 2.0 version will likely increase their price once phase 1/2 has been rolled out. though there are promising ones like BNB and LINK but need to be very careful if you want to store it for long term. what im trying to say here is that if you are eyeing for long term investment, you need to carefully choose those alts as no one will choose that for you. and to play safe, better trust the established alts.

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December 28, 2020, 08:25:09 PM
 #24

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term.

No need for further explanation, just stick with BTC.

Jumping on other coins requires advanced self-knowledge and not just because others suggested it to you. Results may vary depends on how we managed it.

There are promising and good coins out there but since your mindset is already targeting a good return out to your hard-earned money at 100%, it's difficult to give you a set of lists that will come to my own preference. Spend time analyzing on your own and try to pick only at least 1 or 2 for now if you really want to test other altcoins.

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December 28, 2020, 09:03:33 PM
 #25

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term. although bitcoin and ethereum are center of focus for big financial institutions such paypal and the rest of the fintech giants.


Bitcoin and gold are relative good virtual currencies in the blockchain space that you can invest in on the long term. Bitcoin is bullish long term while gold has always retained  a consistent value over the years. You should not worry about centralized institutions that tries to privatize bitcoin; focus on satoshi itself and do our own research.
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December 28, 2020, 09:37:41 PM
Last edit: January 04, 2021, 11:38:21 PM by seleme
 #26

There are dozens of similar altcoins and you are free to use invest in any of the mentioned alternatives cryptocurrencies here. Choose the project wisely and be sure to check the latest updated news from the team on social media. It is never late to find the paying one unless you are looking for the perfect altcoin investment which never exists.

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December 28, 2020, 09:57:08 PM
 #27

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term. although bitcoin and ethereum are center of focus for big financial institutions such paypal and the rest of the fintech giants.

Stick with top 10 excluding stable coins then you're good to go.
Dont tend to go with low ranks or low caps just for the hope on making tons of profits because its never been a precise thing that every low cap will rise.
It is some sort needing some luck for it to be pumped by some whales and if you do able to buy it early then youre lucky but in most cases
people who do make out investment with this do really end up on holding shitcoin and useless tokens into their stash.

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December 28, 2020, 10:19:00 PM
 #28

Here you need to be careful if you want to save altcoins for the long term, because at the moment altcoins can not promise
100% profit. Unless you trade short trades, maybe you can  take a little  advantage of the altcoin  habits when  they pump
and dump. If you really want long-term altcoins, maybe you can choose ethereum.

/font]
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December 28, 2020, 10:28:06 PM
 #29

contrary to what a lot of people will say, i dont believe investment in cryptocurrencies is a viable long term investment for most people
this is especially true for people who do not have a lot of funds to invest.
this is because the level of uncertainty surrounding cryptos is too high and you never really know the right crypto to invest in

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December 28, 2020, 10:48:59 PM
 #30

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term. although bitcoin and ethereum are center of focus for big financial institutions such paypal and the rest of the fintech giants.
You've just had the idea and said the best crypto to invest in the long term, bitcoin. You can add Ethereum with bitcoin as these two are the most preferred but put bitcoin into priority. Is that a problem if most of the biggest financial institutions are investing in bitcoin?
They are helping it to grow in value and that's why you don't have to doubt if you know what's in it for bitcoin. Ride the train while you can.

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December 28, 2020, 11:29:00 PM
 #31

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term. although bitcoin and ethereum are center of focus for big financial institutions such paypal and the rest of the fintech giants.


If you are looking for stable altcoins, I would suggest you Ether, Binance coin and Polkadot.

But if you want to make a bigger ROI, you will have to risk with newer projects and IEOs.
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December 28, 2020, 11:56:22 PM
 #32

It must be some legit coins like LINK, binance or any other top coins that already developed a proper product. There only reason caused by those coins have long term product that can generate the profit for the platform. Binance coin is fully utilized coin and it might go even higher in the future. You should avoid to invest in the shit scam coin.
It's not all of top ranker coins are worthy to be owned.

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December 29, 2020, 07:00:56 AM
 #33

I personally think that the most suitable coin for long-term investment is Bitcoin. Bitcoin is an old currency. Moreover, Bitcoin has now broken its historical high, and the prospects must be good. It's time to go to ZB.com to buy more Bitcoin.

Yes, I think so too. For long-term investment, it must be Bitcoin. Bitcoin has experienced many plunges and surges, as well as management and control issues, but it still has come to the present firmly, indicating that it has passed the test of time. I also plan to go to ZB.com to stock up.
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December 29, 2020, 07:22:37 AM
 #34

It's no brainer that the long term coin is the one which has huge market capitalization otherwise it's gonna have such huge volatiltiy that within days the price could change drastically.
You just should stick with major coins if you really intend to invest for long-term or do staking at the same time while waiting for another bullrun.

Also, you need to consider how healthy the people behind a projects are and what I mean by that is their planning, roadmap, etc.

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December 29, 2020, 07:53:31 AM
 #35

Not all coins or tokens that come from the trading platform are eligible for the long term. some of the coins that come from platforms like TEN don't have a very good development. Their coins are traded at very cheap prices. The only good coins I see coming from the platform are BNB from Binance, OKB from OKEx, and HT from Huobi. other than that I don't believe the platform coins are any good in the long run.

 I support ETH. Ethereum is almost impossible to break the chain after you choose a platform, it just makes less money. But Bitcoin is different. It may collapse at any time. And now some people are playing QETH on ZB.com. Its liquidity is guaranteed, Compared to the traditional eth, it was different. This 0.1ETH saves tens of thousands of yuan. And the node is maintained by the platform, and the income is issued according to ETH2.0.
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December 29, 2020, 08:19:17 AM
 #36

Taking a look at the crypto industry, there are lot of potential crypto asset to invest into for a short and long term. But as an investors, long term is more preferable for me , from your opinion, what will be the best crypto asset that worth my hard earn money l can invest into  for a long term. although bitcoin and ethereum are center of focus for big financial institutions such paypal and the rest of the fintech giants.


I think you need to first decide on the number of coins you want to hold this will give you a clear picture of how your Portfolio will look like, but most preferably holding 2 or most 4 is better, so that you don't go about spreading your funds on shitcoins.
Now before choosing a coin for long term holding since that is your category, you need to understand what the team are working on and their long term goal as well, it is this long term goals of the team that will make your long term holding worth it, if not, you will lose out at the end. Therefore, with all these in mind, I believe the best coins to hold for long term is Bitcoin and Ethereum, these coins till date are the best in all ways. Also, if it interests you to increase it to four, then BNB and ADA can be on the list.

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December 29, 2020, 09:01:52 AM
 #37

There are a huge number of cryptocurrencies in which you can invest for long-term, but for this you need to wait for the correction of the entire cryptocurrency market and then you can safely invest in cryptocurrencies and I would advise you to invest for long-term in bitcoin, ethereum, link or binance coin.
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December 29, 2020, 09:08:06 AM
 #38

If you are looking for long term investment, best go for the ones that has been in the market for a while and is well known. Go for coins that has active community and huge support. Coins like you said, bitcoins and ethereum are the one with least risks for long term investment. Avoid those that are new or aren't well known. Don't fall for the hyped coins. Most of them are scam and shit coins.
If you still want to invest in different altcoins, then put most of the investment in bitcoin and ethereum while using the rest for other coins.

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December 29, 2020, 10:32:01 AM
 #39

Its time for altcoin
 If you want long term investment my choice is to hold TWT, BNB,ETH token
These all coins have potential to high pump.

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December 29, 2020, 10:56:23 AM
 #40

Its time for altcoin
 If you want long term investment my choice is to hold TWT, BNB,ETH token
These all coins have potential to high pump.

Bitcoin has great potential for appreciation, and its return on investment is the highest in the world. Therefore, i would prefer long-term investment, l  read the ZB.com market research report to know when to buy and hold for profitability.
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