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Author Topic: Which cryptocurrency do you decide to invest in for the long-term?  (Read 793 times)
jinneas (OP)
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July 07, 2021, 08:25:04 AM
 #1

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

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July 07, 2021, 09:07:20 AM
 #2

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

You are in the Bitcoin area of the forum. So here the main answer will probably be: "Bitcoin, obviously".
If you want more useful answers, you may want to move this topic to Altcoins area - either Altcoin Discussion, either Speculation (Altcoins).

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July 07, 2021, 09:07:26 AM
 #3

If you are just getting into the game then I would say just buy bitcoin and Ethereum until you fully understand both these primitives.

There are too many scams that will entice you if you don't know what to look out for.

I've been a Bitcoiner since 2010, and currently working on TheStandard.io, a next-generation stablecoin, and lending protocol.
The Standard Protocol Announcement thread
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July 07, 2021, 09:23:52 AM
 #4

I would suggest anytime of the day bitcoin since it's already been tried and tested already, a lot of FUDs and negativity have been afflicted to bitcoin but it still has been going strong to this day. Maybe I would put ethereum in the second.

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Roy Asher
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July 07, 2021, 09:28:34 AM
 #5

Novice’s recommendation Bitcoin, unlike most currencies, is that it does not rely on specific currency institutions to issue and is generated through a large number of calculations, and Bitcoin is relatively the most stable. In the past ten years, the price has been rising despite fluctuations.
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July 07, 2021, 09:34:34 AM
 #6

Novice’s recommendation Bitcoin, unlike most currencies, is that it does not rely on specific currency institutions to issue and is generated through a large number of calculations, and Bitcoin is relatively the most stable. In the past ten years, the price has been rising despite fluctuations.
I think the timeframe is just another reason for investing in bitcoin plus bitcoin is much more famous than any other cryptocurrencies out there because if you ask people who don't know a thing or two about cryptocurrencies, they will likely think of bitcoin first. But a disclaimer, don't ask for investing advice on this forum without doing your own research on cryptocurrencies because you are as good as dead if you are going to follow what other people says on how you invest, invest wisely.
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July 07, 2021, 09:37:41 AM
 #7

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?
Bitcoin is the top crypto coin I recommend...

besides that, I also slightly recommend you to buy Matic, Polkadot, and Tron. but you should also do your own research as it is important that you don't blame others for whatever might happen to your investment.



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July 07, 2021, 09:38:13 AM
 #8

Which cryptocurrency is more valuable and has appreciation potential?

Bitcoin is the Cryptocurrency that's more valuable and has the potential for appreciation for the following reasons.

1) It is the widely accepted asset in the investing community. It is the only coin with the highest attention from lots of investors.

2) Bitcoin is one of the most stable cryptocurrencies, with the longest history. According to Steve Ehrlich, CEO and co-founder at Voyager Digital, "Bitcoin is a scarce digital currency and store of value. While still volatile, it tends to be one of the most stable cryptocurrencies, with the longest history, and has been the most consistent and best performing investment asset year after year for the last 10 years."

3) There's a limit in the global supply of Bitcoin. For this reason many investors consider it very valuable.

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July 07, 2021, 09:42:26 AM
 #9

Bitcoin.
It's the best recommended crypto to be bought by newbies like you. It's the choice of everyone that's looking to have a long term investment in cryptocurrencies.
You can start your own crypto investment by having a bitcoin-only portfolio as a start and when you think that you've studied enough the market. You can start diversifying with altcoins.

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July 07, 2021, 10:02:13 AM
 #10

You should invest in bitcoin if you want to use that coin for the long term because the altcoin can not fill what you want. The altcoin follows bitcoin so if bitcoin is down, it will follow down too. But with bitcoin as your investment, you will see that the price will increase so high and we already saw that before. This year, the bitcoin price increases so high, but now, the price drops, so you will have a chance to buy bitcoin right now before the price starts. I advise you to buy bitcoin continuously as the price can get down again before it is up, so if you can buy at many lower prices, you can sell it when the price starts increasing.

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July 07, 2021, 10:03:02 AM
 #11

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

You will get bitcoin as main suggested by all of us here also you can grab BNB since CZ is doing great and binance is so successful then for tokens which I am tracking right now since the potential is big is AXS and SLP this token is made by Axie infinity team and those tokens are so  useful on their gaming platform that's why I can say that they are good to hold for longterm. You can also select the Ethereum,Sol and matic since in future this coin will break more ATH since this is been used by token devs for their projects.

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July 07, 2021, 10:29:41 AM
 #12

Which cryptocurrency is more valuable and has appreciation potential?

Check coinmarketcap and pick among the top 15, those are good picks for me especially eth and bnb aside from bitcoin ofcourse. The top 15 aside from doge and stablecoins like BUSD, USDT, and USDC have solid projects and usecases. Their development is continues and the devs are transparent about their progress and future plans. It is a good time to buy them now as the market is in a consolidating state, those coins already pumped a lot from the previous rally so earning profit from them would be easy once the market goes up again.
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July 07, 2021, 11:29:44 AM
 #13

Bitcoin would probably be the top answer, but if you want other options to spread your portfolio, go look up the top coins in the market. They should be in general good investments in the long-term and if you even manage to find a good project that you can invest in for a few months, then that's even better though looking it up would take a LOT of time imo. If you're looking for only a single coin though, then Bitcoin. It's pretty much proven its worth throughout its existence of 10 years.

R


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July 07, 2021, 11:38:02 AM
 #14

Me personally BTC and ETH are two cryptocurrencies that are taking different paths and serve different purposes. But it all boils down to what you think crypto is and what you want to get out of it. That will determine the spectrum of investing as well as the life cycle of those investments. What's good or bad to invest in is a personal opinion at the end of the day.

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July 07, 2021, 11:39:42 AM
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July 07, 2021, 12:54:05 PM
 #16

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?
Some will aslo mention you shitcoins available in the market at this time due to their profitability in small pumps but in reality they will not give you any returns and only thing you will get is loss and the best is to invest in top coins that have strong development in future and good blockchain technology and prices are boosting like ETH,BNB,SOL,ADA,DOT and have billion dollars of market cap and have potential to rise and are way down at this time so you can diversify between them but this altcoins follow btc so if you can have it on priority basis.

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July 07, 2021, 01:39:43 PM
 #17

only bitcoin obviously Smiley

there is no altcoin that can grow in the long run and even if they grow they will never grow remotely as bitcoin. but even if you don't agree with this fact the other reason is that you said you are new, and as a newcomer you should never enter a manipulated market of altcoins.

There is a FOMO brewing...
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July 07, 2021, 01:41:50 PM
 #18

If in my opinion, I will invest in BTC or ETH, I am completely assured and confident that these 2 coins in the future will be very profitable and multiply many times the amount I invest now. because these coins to my knowledge have a good foundation and a strong community that is hard to die for.

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July 07, 2021, 01:54:51 PM
 #19

Bitcoin and Ethereum are still young; huge growth potential is still there, both being the most popular coins guarantee a secured long-term operation.
Both feel secured to invest, so I choose both ETH and BTC.

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July 07, 2021, 02:32:49 PM
 #20

In terms of long term investments, bitcoin and ethereum will be the best choice for me. Not only because they are currently at the top but also because of the potential they hold that may make them dominate even more in the future. Though there are still a lot of other altcoins where you can diversify your investment, I would still choose to stick where I can be certain and where I can secure my future with which are through bitcoin and altcoin. You're free to invest wherever you want as long as you analyze it carefully first.
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