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Author Topic: Which Cryptocurrency is best for long term investment?  (Read 1992 times)
flip4flop
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September 25, 2021, 11:19:10 PM
 #221

I guess it really depends on what your risk tolerance is. ETH and BTC would be the top two if you just want to dollar cost average in over time and continue to build a position. If you are more speculative I would follow some of the larger projects that have some institutional backing behind them. For me its ALGO, ADA, SOL and AVAX in pretty much that order currently since SOL and AVAX have gone up a ton latley.  You could also get into some projects like STRONG, PLANETS, or HNT that continue to expand their networks and partnerships with these major projects.
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September 26, 2021, 08:47:43 AM
 #222

In my opinion, among the coins that the op mentioned above, there are some coins that have great potential for us to invest, both for the short term and for the long term.
 These include Binance coin, Cardano, and polygon(Metic), as well as tron(TRX) for short-term investments.
 While for me personally the most important thing is bitcoin and ethereum for us to invest in the long term.
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September 26, 2021, 09:12:43 AM
 #223

I think cryptocurrencies that have a high market capitalization are the right choice for long-term investments, such as BTC, ETH, BNB, Cardano, polkadot, Litecoin, and Solana, because these coins are very potential, so they have a great opportunity to grow in the future.
Not all coins or cryptocurrencies can be suitable for the long term, some of what you said are more suitable for the short term like Polkadot and Litecoin, because both coins are often slow in terms of movement in the market, unless the market is experiencing a bullrun based on the Bitcoin pump constantly.
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September 26, 2021, 12:19:02 PM
 #224

Bitcoin is always the goto for long term investment if thats what you want.. the price is more stable and we all know Bitcoin is the top most crypto and for the second i would still rather take ethereum …. Binance bnb has been really doing well and i dont think any of that is changing soon and thats just the way it is

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September 26, 2021, 12:40:40 PM
 #225

In my opinion, there are many cryptocurrencies that are very worth investing in in the long term, but the most obvious are BTC ETH BNB Cardano polkadot litecoin and Solana, this crypto is very good to be a long-term investment priority, because this coin has very good potential and prospects  , of course provide greater profit opportunities in the future.
Yes, for Bitcoin I think there is no doubt about investing by implementing a long-term investment pattern, but apart from Bitcoin, Ethereum and Cardano will invite doubts if you invest in it if you apply it long-term. But it all depends on the choice and willingness of a trader in doing so, of course everything that is done is research and analysis has been done by a trader first.
That's right, everyone has their research and planning in managing the investments they make. included in selecting the asset to be purchased.
Cardano is probably the one I don't really like in the long run. the products developed have also not received much enthusiasm from the market.
I prefer MATIC and BNB in the long run. maybe 2-3 years in the future I will still hold it.
As you said before that in investing we have our own principles, just like you don't like cardano it is your own principle.
since 2019 i invested in cardano when the price was still 0.1$, now it has reached 2.2$, is it not good for long term? maybe in the future Cardano will reach 5 or 7 $ !!

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September 26, 2021, 01:01:04 PM
 #226

I knew the answer to this question ever since I made my first investment 4.5 years ago - Bitcoin. Simply, I can't find a currency that looks attractive at current levels. Cardano, Solana, BNB.etc are backed up with good technology, but they looks overpriced. Then we have coins like Litecoin and BCH that are priced at more affordable levels, but to be frank I don't see any future potential with these coins. One coin that I would never consider is Ethereum. Too overpriced and the ETH 2.0 rollout turned out to be a big flop.
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September 26, 2021, 01:07:36 PM
 #227

Bitcoin is always the goto for long term investment if thats what you want.. the price is more stable and we all know Bitcoin is the top most crypto and for the second i would still rather take ethereum …. Binance bnb has been really doing well and i dont think any of that is changing soon and thats just the way it is
Although BNB is still operating as you can see now, but in general BNB is also no less good to invest in the long term because until now there are still many BNB users and the BSC network so there are still better opportunities and potential for BNB for the future

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September 26, 2021, 01:07:46 PM
 #228

Just as the list is in the OP, Bitcoin and Ethereum will always rank up high because they have high demand which can give us some guarantee of our coins not losing value in the long term but then again the real value also comes from these smaller projects because they are oftenly getting new investors who might pump money in these projects and value will go up,we just have to keep our ears to the ground to know of any such developments happeningin the crypto ecosystem.

R


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September 26, 2021, 01:28:45 PM
 #229

Of the 10 coins on the OP list, I have selected 4 of the best cryptocurrency for long-term investment. Hopefully my investment choice this time is not wrong.

- BITCOIN
No doubt, investor will always choose Bitcoin as the most profitable investment vehicle. because Bitcoin has shown its quality as the number 1 coin in the world.

- ETHEREUM
Ethereum is also a very good choice, Ethereum is the second cryptocurrency that has a bright future after Bitcoin. Ethereum is a blockchain-based platform for developing decentralized application and smart contracts.

- BNB
Binance coin is one of the many cryptocurrency that has shown significant improvement, Binance rising popularity has had a positive effect on the price of BNB coin. In order to maintain the price, Binance perform the process of burning the circulating coin every four month. for this reason many people believe the price of BNB coin will continue to increase in the future.

- CARDANO (ADA)
Cardano should also be taken into account by investor, CARDANO has the same Concept as Ethereum, Cardano has also been developed as a platform for decentralized applications and smart contract.

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September 28, 2021, 07:50:24 PM
 #230

I dont think investing long term in altcoins would be highly profitable… Bitcoin been the first tier crypto currency is still the number one crypto to invest in for long time purposes and ethereum could also be highly profitable for long time investment…. Bnb and solana are also some altcoin you can invest in

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September 28, 2021, 07:55:39 PM
 #231

Bitcoin is good, but it can't give good profit, because if it reaches 100K$ we will only get 2x
 So I think we should invest in altcoins, like BNB, SOL, ADA, Ethereum, FTT they will touch the peak in near future.

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September 28, 2021, 08:11:27 PM
 #232

For the long term obviously investing with bitcoin and ethereum becomes the main choice, in view of the growth from year to year the coin is growing well.
But for investments with small capital BNB becomes the right alternative. Because BNB is developing well and I am sure in the future it will reach a high price.

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September 28, 2021, 08:41:45 PM
 #233

For the long term obviously investing with bitcoin and ethereum becomes the main choice, in view of the growth from year to year the coin is growing well.
But for investments with small capital BNB becomes the right alternative. Because BNB is developing well and I am sure in the future it will reach a high price.
And aside from BNB, if you still have money to invest, you can also split some portion of your investment with ADA and SOL.
types of assets, which also moving along with known projects that intend for continuous development,
before investing, it's always a have to do your research and make sure to familiarize yourself with the projects.

It helps not to panic if you see downtrend from the market, strong hands mostly maximized their earnings.

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September 29, 2021, 06:52:15 AM
 #234

Old question but i will answer it base on my opinion. Crypto currency that is best for a long term investment for Bitcoin and ethereum. In the past few years they still in top on all the altcoin in the market thats why no doubt that this two crypto coins is the best investment for long term holding. Every year they make a history of their price pumping and see whats their price now thousand dollars that other cant afford to have one.

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September 29, 2021, 07:10:20 AM
 #235

Tron is a great choice for the long term of the choices you provide. Tron also has a large community. advanced technology, and incredible transaction speed. And also the usual very cheap transactions.

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September 29, 2021, 07:35:26 AM
 #236

Tron is a great choice for the long term of the choices you provide. Tron also has a large community. advanced technology, and incredible transaction speed. And also the usual very cheap transactions.

If Tron is so cool, why not so many projects are made on it? Perhaps there are some underwater stones in Tron? I personally find it a bit complicated to use. I always forgot about bandwidth and energy. Few times I was in situation, when I need to make a transaction, but I have ran out of energy.

Tell me please last things Tron made or upgraded in their blockchain technology? Or what they plan to do. Because that would impact on a future price growth. I bet you cant name anything. That is why Tron will follow market directions, and not make a huge grow by itself. Doubtful investment imho.

R


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September 29, 2021, 01:14:48 PM
 #237

For myself it is clear bitcoin is very good for the long term. Considering the credibility of btc so far so good. However, it is possible that ETH is also very good to be used as a long-term investment. These are my two best options. Which has given a change in the economic aspect of my life.

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September 29, 2021, 01:20:26 PM
 #238

When it comes to long-term investments, the top coins in the market are the best choices to continue with. I see Bitcoin being the most favorable one. We have witnessed many times that people made a lot of profit in it and they even got rich. When it comes to altcoins, I see Ethereum and BNB as the best choices among the top altcoins. And Solana is also a promising project that it can be preferred also.
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September 29, 2021, 02:37:54 PM
 #239

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)
Based from the experience on my friend, first is bitcoin then next is ethereum. I say he has a lot of patience because she managed to hold her earning (bitcoin) last 2017 or 2018 up to now then hold she sold some eth last year and still on her wallet right now. Although she hold small bitcoin and sold small amount of eth, it is still a good investment. She holds because her reason is she can't buy or own bitcoin once more if she sold it already. She also believes that bitcoin will grow more so she will earn more.

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September 29, 2021, 02:42:58 PM
 #240

Most of the people invest in different coins. All pf the users have different point of views. But in my opinion, I think that Cardano and Ethereum are best for long term investment. You should buy these coins and hold it for long term investment. It will give you  much more advantages and will give you more profit after holding for long time.

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