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Author Topic: Which cryptocurrency do you decide to invest in for the long-term?  (Read 793 times)
monineklutak
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July 07, 2021, 03:26:00 PM
 #21

If you want a long term investment can always choose to invest in bitcoin, bitcoin is the best currency to invest in the long term as its value rises year by year, investing only in one coin is not enough, you still have to find othe coins to inevst in a long term and I suggest you the BNB and ETH, these are the coins that I am investing in a long term.
It is true that the three coins between Bitcoin, Ethereum and BNB are good coins for the long term,
but we can also invest in other altcoins and maybe we need to do some research first

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July 07, 2021, 07:59:30 PM
 #22

Bitcoin and Ethereum are more likely the best option for long term investment, not only because of their value, but for example Ethereum has a wide variety of development options that rea being used in many new concepts that are changing our lives, so it means that it has a bright future to look forward to, and bitcoin has a large and supporting community so no matter what happens and now matter how hard things get it will always be on top, and the current situation really shows it.
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July 07, 2021, 10:17:04 PM
 #23

If we looking for long-term investment in the cryptocurrencies market, no doubt that Bitcoin and Ethereum would be the most recommended currency here. Both of them have decent ROI so far particularly for Bitcoin, you could check its ROI by visiting market cap sites such as coinmarketcap[1] or coingecko[2]. Just a little advice, don't too much rely on someone analysis would be wise to learn either fundamental or technical analysis by yourself then apply it, dwyor.

[1] https://coinmarketcap.com/
[2] https://www.coingecko.com/
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July 07, 2021, 10:30:21 PM
 #24

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?

The answer 10 out of 10 times will always be bitcoin.  Start there build yourself up with bitcoin and then it'll bits and pieces of other alts.  Don't be fooled by the last run up, in bad times alts really bite it.  Don't let anyone sway you otherwise.

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July 08, 2021, 05:49:09 AM
 #25

Of course it is investing in Bitcoin. In the long run, you can invest in some value coins, and you can also learn about Ethereum. You can also take a look at the early altcoins。https://bitcointalk.org/index.php?board=159.0
The most important thing is your investment. You must have sufficient funds and patience to maintain a good attitude. Don't completely listen to other people's suggestions, have your own judgment, and learn more about this knowledge.
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July 08, 2021, 06:24:05 AM
 #26

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'll have to decide it for yourself. We have some experienced to tell like coins that we have chosen for long term investment but this will just give you confusions because we have a lot to tell.

Just a piece of advice, choose wisely. DYOR and consider those coins that have a good trading volume and on the top List in CMC. Any potential goin is worth to hold because cryptocurrency may flactuate any time that will give you some profits in time.
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July 08, 2021, 07:56:45 AM
 #27

I put most of my money on bitcoin and the 10% or so in some chosen potential coins like ETH, AXS, SLP and Polkadot. Although it's not a lot, I am happy that I have a diverse investment even if it's just a little.

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July 08, 2021, 01:01:02 PM
 #28

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?

For a newbie, I suggest before investing, you must study first the history of cryptocurrency in general. Read about the cryptocurrency's nature, the do's and don'ts before entering. You must first know the basics and fundamentals before risking because crypto is already known as a risky investment, but it will be riskier if you'll dive into it without proper knowledge about it. One must know the simple background and the strategies in order to understand the complex things later on. You can watch video tutorials on YouTube so that you can have the gist and grasp the knowledge imparted to you fully.

But to answer, my personal picks were bitcoin, etherium, and BNB. These coins really showed potential over the years and most likely their price will soar as well in the future. Do your research first. Ask your friends that are into crypto for suggestions. They may be of help, but don't rely on them alone. You must still do your part.
monineklutak
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July 08, 2021, 01:17:27 PM
 #29

I put most of my money on bitcoin and the 10% or so in some chosen potential coins like ETH, AXS, SLP and Polkadot. Although it's not a lot, I am happy that I have a diverse investment even if it's just a little.
It's better to invest in multiple coins like you already did than to invest in just one coin,
I think by investing in some coins the opportunity to get a bigger profit as long as the coin we choose is really potential,
the most important thing before investing we must do research on coins so that we don't make the wrong choice

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July 08, 2021, 02:29:54 PM
 #30

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?

For long term investment, say two to three years, then it is advisable to invest in Bitcoin or Ethereum.  Such investments are 'safer' on the long run compared to altcoins. At least, you should do this until you've have learnt what it means to trade and trade successfully.
If however you are looking at short term gain, then the best thing to do is to trade altcoins. Altcoins can move 2x or 3x in a few months unlike bitcoin. You, however, should be careful because there are so many coins out there with no potential.

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July 09, 2021, 01:57:55 AM
 #31

Newbies who have just entered the currency circle still choose some mainstream coins, which are suitable for long-term holding, and there are more short-term altcoins, but I am very optimistic about HTMoon. I plan to hold it for a long time. I believe it will bring surprises to me in the future.
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July 09, 2021, 02:36:55 AM
 #32

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're a newbie in crypto so its better to take time gaining knowledge first to understand how to choose a good coin and how to prevent ending up investing in shitcoins.

Anyway In my portfolio I have bitcoin, eth and bnb. These coins has potential and profitable for long term investment. However it doesnt guarantee a sure profit because there's always risk and the market is unpredictable. Thats why conducting your own research is a must, its not advisable to rely your decision based on other people's suggestions.

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July 09, 2021, 03:29:08 AM
 #33

If you want to invest in Bitcoin, then you can do it without much of research. Because it is almost guaranteed that Bitcoin will give good returns in the long run. But the same can't be said about the altcoins. Out of the 10,000-15,000 altcoins in existence now, I don't expect more than 100-200 to survive in to the long term. So you need to be cautious before investing in the alts. Even investing in an established altcoins such as Ethereum or Cardano will not give guarantee that in the future they will remain relevant.

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July 09, 2021, 04:07:40 AM
 #34

It's important, first learn about the movement and development of market prices and examine price trends, what is worth learning is of course the top coins that have long had strong prices on market developments, Bitcoin & Ethereum. Should not be too much, it's good to make this as another investment with some, make it an alternative/complementary income side of your activities.
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July 09, 2021, 05:26:42 AM
 #35

~
It's better to invest in multiple coins like you already did than to invest in just one coin,
I think by investing in some coins the opportunity to get a bigger profit as long as the coin we choose is really potential,
the most important thing before investing we must do research on coins so that we don't make the wrong choice
I agree but I have to say that before diversifying, as a beginner, you should be focusing on coin with the biggest potential of them all before diversification because you first have to increase your capital before diversifying, you can skip this though if you have a lot of money.

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July 09, 2021, 01:20:26 PM
 #36

I believe bitcoin will be suit a long-term investment. People who joined in cryptocurrency will agree that they will try to buy as many bitcoins as possible, especially if the bitcoin price is down a lot. But you should know that bitcoin has volatility and many people are already losing their money because they panic and do not think that they only need to hold their bitcoin. I hope after you buy bitcoin for the first time, you need to hold on to your bitcoin tight and do not panic if the price is down because that will be your chance to buy more bitcoin.

If you can hold your bitcoin for more, I am sure you will profit in the future. You can see bitcoin history and bitcoin price already hit $64k as the new ATH this year. The price can increase and hit the next ATH anytime so you need to prepare yourself.



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July 09, 2021, 02:56:27 PM
 #37

bitcoin and ethereum because they are both established proof of worth and blockchain. They have also list of projects using bitcoin and ethereum networks. And also some altcoins like Binance, Cardano, XRP, polkadot and uniswap. because they have potential to be like bitcoin and ethereum. because these altcoins have the capabilities that bitcoin and ethereum do not have.

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Cling18
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July 09, 2021, 03:09:51 PM
 #38

Bitcoin and Ethereum would be the best investment for beginners in crypto rather than taking risks in new altcoins. These two are good for long-term investment and their profitability has been visible for years. Just learn how to deal with top coins first before trying to deal with the volatility of other altcoins.
imstillthebest
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July 09, 2021, 03:31:39 PM
 #39

welcome aboard and good thing that you dont invest imediately but you have taken the time to register and seek for help in this forum .
your not like the newbies that quickly jump and fail at their first try and worst they dont comeback again because they think cryptos are a scam and now to answer your question ,
it was bitcoin that have both the qualities your looking for . btc is begginer friendly and doesnt need heavy analysis , you only need to hodl it and comeback later once it moon .
TheGreatPython
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July 09, 2021, 04:47:25 PM
 #40

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?
Everyone will keep saying the big names, there is no way out of that. Bitcoin, ethereum, bnb, and a few like that will be the ones that will be worth something in the end and you will have to handle that, I know you wanted some other answer but there is no other answer to this question. So just keep your money in those big name ones if you are a newbie and you will be fine, I know it doesn't sound as great because most people want to make a huge return but it is fine to make a little return when you can instead of risking for a huge return then make nothing at all and even lose your money.

Nobody in their right mind will offer you advice that will be risky when you are looking for long term, but know that if you say long term and in 3 months you see 50% drop in price and get scared and sell that means you were not ready for long term, it happens and you have to still wait it out.

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