Is it worth investing in coins you believe in?

[mulia sabee]

Yes of course. Basically we will put our money in the tokens we believe as potential and would give us profit in due time. We will never put our money in the tokens that we don't believe to have a bright future regardless if it is about DeFi or NFT. Then base on our preference be will hold it for long term or just for short term depends on our target method

You could share with us your target methods and investment methods. In my view, I don't believe in any hype trends like DeFi, NFT, IDO or IEO. We know that nothing is good in all cases. We don't invest in any coins without believing it. Without some big exchange support, we shouldn't invest ( a big portfolio) for a long time. Low exchange support can be bought with the money.

In my opinion, there are only two methods of investing, the first is the long term and the second is the short term. as well as in investing with digital currencies. if the coin you believe has a better future then buy it now by holding it for the next few years. most importantly digital currency can give us a decent profit.

[Davian144]

In my opinion, there are only two methods of investing, the first is the long term and the second is the short term. as well as in investing with digital currencies. if the coin you believe has a better future then buy it now by holding it for the next few years. most importantly digital currency can give us a decent profit.

Everyone will see a general view on every investment, which is profitable, because that is the end goal, so everyone who wants to invest in the long term because he has great patience, then the choice is in Bitcoin, Ethereum and BNB.

[Niobeh]

Coming from stocks, I deem crypto investing quite different, and I am still to get my complete understanding behind it. When talking about stocks, there are a lot of people and investors that tend to spend their money on businesses or shares they firmly believe in.
Talking about cryptos, I see a lot of people cashing out on short term for quick money, but the question is, is it worth playing it like that or better to consider the project behind the coin long-term? Regarding stocks for instance, Nvidia is a share I really do believe in and the sentiment itself is what keeps me holding the stock no matter the market. There was a huge dip in May, similar to what the crypto market is facing now, and although difficult to hold, I strongly believed in the long-term.

Regarding coins, I struggle to understand the approach people have. I am, by no means, expecting people to run down details on what they do, as we are not here to give financial advice, but a small explanation on how you address your investments: both short-term and long-term. Similarly to the stock mentioned above, I do have the same kind of interest for coin Oracle ($ORA), it’s quite new so I don’t expect many to know it. I really believe in the platform they want to create (just for context it’s a NFT market for ideas, so you just buy others’ ideas) and I would like to see their project created and support them long term, but how popular is the cashing out in cryptocurrencies? Everyone seems to be spamming to the moon to the moon, but most people seem to be selling.

If you fully trust that coin (provided that you thoroughly analyze it) then you should go with it all the way. We cannot predict what might happen in the future so you just have to be fully aware of various things like news or events that affect your investment so you will know when to pull out or hold, never let your emotions take over you, whether its short term or long term. Both of them could go sideways and it will affect all of us emotionally but control your feelings. Always expect the unexpected. Do have a backup plan.

[mulia sabee]

In my opinion, there are only two methods of investing, the first is the long term and the second is the short term. as well as in investing with digital currencies. if the coin you believe has a better future then buy it now by holding it for the next few years. most importantly digital currency can give us a decent profit.

Everyone will see a general view on every investment, which is profitable, because that is the end goal, so everyone who wants to invest in the long term because he has great patience, then the choice is in Bitcoin, Ethereum and BNB.

depending on one's favorite digital currency, but your advice is also very correct in my opinion to suggest investing in Bitcoin, Ethereum and BNB.

[Eureka_07]

We can't give accurate answer if it is worth it or not. But if you have chosen a very good coin that has a very good potential based from their whitepaper, roadmaps, etc, that would definitely that would be worth it. Not every coin, but most IMO.

[willhuber]

I believe it's worth trying. Just like stocks, in cryptos you have to do your research work, study and strategize your positioning before investing. Back the project that you think has got potential.

[guydin]

I think it's best to share money, I mean don't keep money in one place, my advice to several places or other profitable projects. The higher the profit, the higher the risk automatically, I make crypto a short term investment, so I should always active and know the latest information from the projects that I follow.

Actually, there are cases when crypto can be a long-term investment as well. For example, holding fundamental currencies or staking your assets on reliable platforms. What you are definitely right is that you should diversify, as it can decrease your risk and give you a bigger profit if you invest in different spheres. For example,you hold BTC, but also trade different altcoins on small sums.

[indrakusumaindra]

Definetly long term is the best way to invest in cryptocurrency, i do hold coins almost 3 years and its the best decisions so far. DYOR is the best advice before buying coin and also you should not following hype and stay away from coin which promise you to the moon without any solid reasons.

[kapalmabur]

Definetly long term is the best way to invest in cryptocurrency, i do hold coins almost 3 years and its the best decisions so far. DYOR is the best advice before buying coin and also you should not following hype and stay away from coin which promise you to the moon without any solid reasons.

In my opinion, both long-term investments and short-term investments in cryptocurrencies have the same opportunity,
it all depends on the coins we have so indeed before investing we have to do our own research and analysis,
if we have coins like bitcoin and ethereum it is very good for long term investment

[marilynmanson21]

when investing in a project, the most important thing is sustainability for the long term, users should not chase shitcoin value where they are also pumping and dumping coins and you may not be able to escape the dump.
If you have faith that a coin is in good shape and that the roadmap is quite achievable, there is nothing wrong with investing in a coin that you believe in. However, understand that there are certain risks that come with it. in investing in altcoins,

[simpelplan]

Yes because I trust the technology and projects that each coin or token issues. I’ve spent a lot of research on it, it has the potential to grow in the future. Like for example, I want to hold it for a long time, it is for long investment. If the market goes down, just hold it until it recovers. If I ever grow big, it will be a win-win situation for me. and MATIC is one of them.

[Lantind]

Yes because I trust the technology and projects that each coin or token issues. I’ve spent a lot of research on it, it has the potential to grow in the future. Like for example, I want to hold it for a long time, it is for long investment. If the market goes down, just hold it until it recovers. If I ever grow big, it will be a win-win situation for me. and MATIC is one of them.

Matic is indeed developing at the moment, but you also need to look at some other Altcoins that are also developing very well and even surpassing Matic and are also very suitable to be held in the long term, for example Ethereum and Cardano.

[akirasendo17]

I think one of the reasons for a person success is believing in what he thinks or feel has a future, but we should not only believe we must put an effort to research and look a coin, background, and people who run it because sometimes they are trying to deceive a person, and wrongly spends it all, and in the end that persons go bankrupt, believing and research is the most important things that we should have if we are really into cryptocurrency, we should not be contented with a whitepaper and a tweet.

[conected]

I think one of the reasons for a person success is believing in what he thinks or feel has a future, but we should not only believe we must put an effort to research and look a coin, background, and people who run it because sometimes they are trying to deceive a person, and wrongly spends it all, and in the end that persons go bankrupt, believing and research is the most important things that we should have if we are really into cryptocurrency, we should not be contented with a whitepaper and a tweet.

- Yes, trust has many types but to make a clear and simple distinction in investing, we can divide it into two basic sources such as belief as an instinct of the body for the purpose of protecting the belief of worship, the other form is trust with the most objective expertise and the most practical knowledge of an investor. The best stance is still as you say, knowledge adds to faith but it is quite rare for people to have such meticulousness, preferring to be stubborn with their worship

[israt1@]

If anyone ever thinks of stocking, I suggest some advice for them. Consider the token you want to stock. First notice how many tokens they have in total and how many exchanges they have. Choose a token to stock. Lastly, consider the above tokens in the market to stock.

[Plinteng]

Basically we are going to put our money in coins that we believe have great potential in the future and I purposely bought some of the top coins especially BTC, ETH, BNB for the long term and some other coins I have researched for the short term.

[Meysa_richa]

Talking about cryptos, I see a lot of people cashing out on short term for quick money, but the question is, is it worth playing it like that or better to consider the project behind the coin long-term?

Everyone has a different type in this Cryptocurrency, but all of them are definitely the goal is to make a profit. 
Therefore, many people quickly sell the coins they buy, of course it is done because they feel they have made a profit. 
But not a few of them invest in the long term here, but usually for long term investments people will put their money in certain coins that they believe will continue to increase such as Bitcoin and Ethereum.
And I think it's all worth doing, as long as we benefit.

[retnoanjani]

Definetly long term is the best way to invest in cryptocurrency, i do hold coins almost 3 years and its the best decisions so far. DYOR is the best advice before buying coin and also you should not following hype and stay away from coin which promise you to the moon without any solid reasons.

with a note that we really choose a project that has strong fundamentals and has a good rating on coinmarketcap. if we choose the right coin, the longer we hold it, the greater the chance of profit. but keep in mind that holding on for a long time is not a guarantee that you will get more profit than those who don't hold back. Crypto is full of surprises, no matter how long you hold it in, as long as you get the moment right you will get a lot.
one strategy can't be applied to all coins, so we have to really adjust ourselves which one is the most effective. This takes patience, so never stop learning.

[livingfree]

Basically we are going to put our money in coins that we believe have great potential in the future and I purposely bought some of the top coins especially BTC, ETH, BNB for the long term and some other coins I have researched for the short term.

You did well, Plinteng.

Those are the coins that we usually invest in and that's how you do it before you invest. You have to research before you believe into that coin.

Because believing without a basis, that doesn't make sense and you're not using your money well if you're like that.

[Lantind]

Basically we are going to put our money in coins that we believe have great potential in the future and I purposely bought some of the top coins especially BTC, ETH, BNB for the long term and some other coins I have researched for the short term.

Everyone is like that, so the choice that is very generally always focused on BTC, ETH, and BNB, because it is a choice that is always believed by many people other than newbies who are not familiar with good cryptocurrencies, but apart from that you can also choose coins- coins that are suitable for the long term such as Matic, Cardano, and Polkadot.