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Author Topic: Which Cryptocurrency is best for long term investment?  (Read 1994 times)
prabhupawarr (OP)
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June 28, 2021, 08:50:47 AM
 #1

1. Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency.
2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.
3. Binance Coin
4. Cardano
5. Polkadot (DOT)
6. Ripple (XRP)
7. Litecoin
8. Tron (TRX)
9. Polygon (MATIC)
10. WazirX (WRX)
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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June 28, 2021, 09:25:58 AM
 #2

No doubt bitcoin will be always the bet of our lives as the best long term investment for cryptocurrencies.

2nd choice is Ethereum and as you have included BNB, these two are battling for the smart contracts as both of them are being chosen by several projects that are developing new trend.

Like NFTs and games.

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ethereumhunter
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June 28, 2021, 10:15:43 AM
 #3

The only bitcoin will be the best coin for long-term investment. The other coin is an altcoin and for me, that will give the profit in the short term. But you can use it for long-term investment but you need to be careful because the price can go down anytime following bitcoin price. Ethereum, bnb, dot, litecoin, matic can be the other coins for the investment but as I said before, the price will follow bitcoin price so there will be a downtrend for the altcoin and you need to prepare for that.

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June 28, 2021, 10:52:19 AM
 #4

maybe you could add solana and wootrade in your list, i think you miss these project meanwhile alot investors start filling their bag. from list above , coins that must collected in my bag were bitcoin , ethereum , bnb and then i will add solana and wootrade. i am believe due their technology in smart contract will get more investors if market recovered again. And another hidden gem in NFT project was VulcanForged, its could be the MMPOG pioner in crypto market.
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June 28, 2021, 11:06:52 AM
 #5

I believe Ethereum will be a good profiting coin in the long time because it's platform keeps being used by many projects. Another is BnB. BnB has a very active community and the CEO keeps working hard to promote and guard his business. Binance is one of the biggest exchanges and that is BnB strong advantage.

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June 28, 2021, 11:19:28 AM
 #6

Bitcoin is the best coin for long term investment due to it price stability and market visibility, of curse there are some other good altcoins that also have long term potentials such as 100x coin which is not on the list you posted. The is no daught that BNB and litexoins are also long term viable coins. So in all the top 100 coins are all potential profit coins.
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June 28, 2021, 11:21:32 AM
 #7

1. Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency.
2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.
3. Binance Coin
4. Cardano
5. Polkadot (DOT)
6. Ripple (XRP)
7. Litecoin
8. Tron (TRX)
9. Polygon (MATIC)
10. WazirX (WRX)
Bitcoin is the best and safest from 10 coins you brought here.

Tier 2 good coins:
- Ethereum
- BNB
- Polkadot
I choose them because they are coins from real platforms, with big communities.

High risk and should avoid coins:
- XRP
Do you know about SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

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June 28, 2021, 11:25:00 AM
 #8

I'm more comfortable investing in Bitcoin and ethereum for long term because they've been around for a longer duration in the industry and they hold a significant percentage of the coin market capitalisation. I doubt one could ever go wrong with Bitcoin because no matter the dip, bitcoin always come back greater.
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June 28, 2021, 11:44:35 AM
 #9

As for the moment, ETH and BNB would be enough and you won't need to hodl anything else because of the current bearish trend. BNB has its own unique strategy when there is some kind of unlikable situation on the market. They can still make their own new development and overcome the others with their innovative approached industry of the crypto. However, You also need to give yourself some time to think about whether there will be another chance for them to be successful this time like they did last year. Sometimes when a bearish market is currently happening you will see most of the cryptocurrencies have fallen their prices and that's because everybody is panicking and they just randomly sold their coins without a second thought.

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June 28, 2021, 11:49:10 AM
 #10

When we are talking about the best coin for long-term investment, no doubt that it was Bitcoin.
But if we are talking about a long-term investment, all of the OP's list is worth investing in. However, it is wise to choose which coin we think is more profitable but importantly, we know how to manage it. Considering that we are aiming for a long-term goal, it needs more patience as well and we know the situation how tricky the market was.

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June 28, 2021, 12:01:10 PM
 #11

As for the moment, ETH and BNB would be enough and you won't need to hodl anything else because of the current bearish trend. BNB has its own unique strategy when there is some kind of unlikable situation on the market. They can still make their own new development and overcome the others with their innovative approached industry of the crypto.
If Binance launch their own main net for Binance Smart Chain, BNB will have price more than $1,000.

I kinda agree with you, Ethereum and BNB are best to pick for holding. Others like Polkadot, Solana are too young and they will become real big cryptocurrencies next 4 years if their teams can keep their projects moving through a next big bear market.

Ethereum and BNB have to went through the 2018 and 2019 bear market in order to achieve what they have nowadays.

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June 28, 2021, 02:25:15 PM
 #12

1. Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency.
2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.
3. Binance Coin
4. Cardano
5. Polkadot (DOT)
6. Ripple (XRP)
7. Litecoin
8. Tron (TRX)
9. Polygon (MATIC)
10. WazirX (WRX)

For first 3 coins, bitcoin, ethereum and BNB, long up to 5 years will be very profitable, I never doubt even though the current price is dropping, while the rest of the coins above are only for short-term even daily trading.

Thank you
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June 28, 2021, 02:52:57 PM
 #13

BTC is best for sure. And i think you can't deny that ETH is the second one.
I like also LTC and i think BCH has a good potential.
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June 28, 2021, 03:36:58 PM
 #14

Bitcoin and Ethereum should be on everyone portfolio for long term hold, While All others crypto can be used for a mere speculation and day trading. but for long term HOLD those 2 is the best among thousands of crypto coins/tokens.

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June 28, 2021, 03:43:46 PM
 #15

Definitely it's BTC, though there are crypto whose goal is for long term development or it can benefit in the future. However due to markets volatile some crypto wasn't able to survive the competition among different projects and only those who are already exist along with btc like eth can be trusted for long term. Same with companies like BNB who have a reputable exchange.

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June 28, 2021, 03:53:39 PM
 #16

If you were to check what type of investments were involved in the long type term of investment category, gold is definitely one of the strongest to be held. And with that information in mind, you can already correlate what I'm trying to say. As we are in the digital age, Bitcoin is considered as the modern gold as its concept is almost the same altogether.

I will still choose BTC as the long-term one and short-term towards the other coins that you have included. What I mean by short-term is that it's going to be traded continuously by trading and speculating it daily.

That's what I do with ETH.

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June 28, 2021, 04:06:47 PM
 #17

Long term best investment is bitcoin, the original crypto currency which gave origin to all altcoins. At this point I think it's a bit dangerous to think about altcoins being good long run investments, because they are becoming too similar when compared to their pairs... Ethereum had the advantage of running its own network, making possible for many developers to create their own projects on this network. However, new networks are being developed as well, like Binance one which also work on its own, so Ethereum doesn't have the same status it had before. On the other hand, nothing threats bitcoin. That is why it's definitely the best investment option.

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June 28, 2021, 04:13:42 PM
 #18

Hold it all and exit when the market peaks. Buy lots of Bitcoins and altcoins in turn. Maybe next year we will face a bear market so stay calm and act right. I used to believe the market would go up forever but that was wrong and I lost most of my money in the bear market.
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June 28, 2021, 07:12:07 PM
 #19

You have mentioned all my favorite altcoins in your list. I have invested all my money in some coins from your list, which are Ethereum, Cardano(ADA), Polygon(Matic), and Trx. I suggest you add ARPA to your list because it is also a strong project and will increase in the future. I have investd in it for long term.

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June 28, 2021, 08:06:27 PM
 #20

~
Right now as of this dip <40k.
Why not buy more don't we? Smiley

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Well that's the thing. "....when the market peaks" but when is it gonna happen though.
Just throwing down that market will face bear trend isn't gonna just do.
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