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Author Topic: Suggestions for Long-Term Investment  (Read 2542 times)
mrjoy15
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July 15, 2021, 06:12:42 PM
 #61

the most important thing to hold in the long term I think is just to be mentally prepared and don't be greedy to take profits. seems very easy to sound, but if we see price fluctuations it can disturb our mental. therefore we must be able to control emotions so that we focus on the initial goal when we start investing
It's just a technical and way to work in investment, but for a more accurate purpose here is to be able to choose good coins to place on the investment that we want to run, so that we can get some profit, regardless of the size of the big or small.
Short time leads massive profits but long time lead passive income. If you choose good coin to place on the investment things big. Every successful trader has been through hard time in their lives. Those trust over crypto cycle they should hold.
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July 15, 2021, 09:18:46 PM
 #62

Instead of those altcoins, I highly recommend putting that in bitcoin and ethereum. There's more future to these coins but as long as you know where you are investing, that's much better because you don't rely on someone's decision. We all have our own style of investing and preference in choosing cryptocurrencies that we think that will fit our taste and will yield us profits so if your preferred are the ones that OP suggested do it but I'm telling what's mostly are investing to.
Right mate. I agree. Instead of investing in obscure coins, it is better if you venture to invest in more accurate coins like ETH. However, I recommend XRP and Top 10 coins to my friend, the account owner (Ayub83).
XRP is having trouble with regulation and is battling with SEC towards their issue. I don't recommend holding that coin but no one stops them to keep on working on their coin and with its transactions. I would just go with stronger coins that has been said and that's Eth.
It's been tested and is one of the best coins in the market and that's why I wouldn't go with other altcoins that I don't like. I only stay to those that I like.

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July 15, 2021, 10:45:07 PM
 #63

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.
If you are serious about investing activity, it is better if you use $10,000 to buy ETH. Not that XRP, TRX coins are not good. In my opinion, ETH is more secure and the average person who invests in Cryptocurrency, prefers ETH coins. But it all depends on you.
Don't go all in, you have more options as much as possible but no doubt about the goodness of ETH and we know, it will become more expensive in long term. If you are into investments and only plans to hold and sell later on, your top priority should be BTC, ETH and BNB for me those are the most valuable crypto today that keeps on growing, TRX is also good but it's quiet slower than expected before.
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July 15, 2021, 11:05:46 PM
 #64

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.
If you are serious about investing activity, it is better if you use $10,000 to buy ETH. Not that XRP, TRX coins are not good. In my opinion, ETH is more secure and the average person who invests in Cryptocurrency, prefers ETH coins. But it all depends on you.
Don't go all in, you have more options as much as possible but no doubt about the goodness of ETH and we know, it will become more expensive in long term. If you are into investments and only plans to hold and sell later on, your top priority should be BTC, ETH and BNB for me those are the most valuable crypto today that keeps on growing, TRX is also good but it's quiet slower than expected before.
BTC and ETH are good enough for your portfolio but don't start investing them in a big amount, otherwise, you won't recover once it fails. Just invest on the amount you can manage to lose.

Just make your own research dude. You will not gone wrong if you are your own choice because you believe it from your own point of view. And if ever you fail, i know you will be wiser next time you invest.

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July 15, 2021, 11:09:57 PM
 #65

XRP, TRX, and other similar currencies,
What are other similar currencies?
If we are talking about long-term investment, I will prefer to choose Bitcoin again for the long term, at least 4 and more years.
This is based on what happened right now, we can see the significant increase of Bitcoin so far, experiencing more new ATH during this bullish era although right now the price still hits low.

And about and XRP, we know that they are also top coins. But, I am not sure that I will pick them for long-term investment. It still offers higher risks than Bitcoin.
And moreover we know how the problem of XRP previously, it becomes also one of my considerations. Maybe there will be other problems again in the future.

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July 15, 2021, 11:12:39 PM
 #66

Mine are with Waves, Ark, and Opacity


Been a big believer as of late in Opacity... Plus they release 2.0 tomorrow and it's on fire right now
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July 15, 2021, 11:21:30 PM
 #67

Go truely at present scenario
I will call you there token

1. My defi pet token current price around 4$ it can go upto 20$ or more in just 2-3 months so you can invest in these coin
2. TRX current price is 0.05$ JUST wait for the market to became normal and see it's price touching high even tronpad is launched but price still remain low so must hold it
3. Luna Current price is 6.50$  LUNA a coin which had uses in the real world so its value definitely pump so keep an close eyes on these token

Last and more importantly these is not a financial Advice it is just my past experience and my own opinion
Do your Own research before Investing !

Hello TheSe is Christiano RONALDO
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July 15, 2021, 11:26:53 PM
 #68

XRP, TRX, and other similar currencies,
What are other similar currencies?
If we are talking about long-term investment, I will prefer to choose Bitcoin again for the long term, at least 4 and more years.
This is based on what happened right now, we can see the significant increase of Bitcoin so far, experiencing more new ATH during this bullish era although right now the price still hits low.

And about and XRP, we know that they are also top coins. But, I am not sure that I will pick them for long-term investment. It still offers higher risks than Bitcoin.
And moreover we know how the problem of XRP previously, it becomes also one of my considerations. Maybe there will be other problems again in the future.
Xrp still have risk due their problem with SEC, its been for many times they must face SEC in the court.This thing will really make investors scare and worry if someday they lose. We still face uncertainity if this problem continuesly occur in future. There are another coins or project have better potential , for example solana that be trend now.
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July 16, 2021, 08:00:55 AM
 #69

better to diversify our assets it we would buy coins worth of $10k , its huge money amount and we have to carefuly  decided . Dont ever trapped in Hype of Fomo , always make double check before we decided to  invest . Beside existing major project , we could looking for hidden gem that suitable for long term investors.
Yes friend. It is very important to be careful in making investments, because the figure of $ 10,000 is quite large for some people who are just starting out in the investment world. Ethereum is one of the better Altcoins in my opinion than other coins for investment.

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July 16, 2021, 08:12:54 AM
 #70

actually they're a good option when it comes long term. But for me except this two assets there is still a lot of good and trusted project in the market to rely than this two, for example binance and ADA.. Indeed XRP and TRX are not that good these year unlike other top coin .. But probably there's a chance for next year. So if i were if you're really interested in it i suggest to add those coin what I've mentioned as well because for sure you can make a good profits afterwards.. Infact $10k is too big to invest, so much better to divide it incase what will happen in the future.
I would advise the same thing, but depends on the total of a person as well. If you have a million dollars then investing 10k is not a big deal, if you have 20k then investing 10k is half of your money so that changes everything. I would say that do not invest more than 2-3% of your portfolio towards coins like XRP and TRX that are centralized, XRP is centralized as we all know how, and TRX is sort of centralized because Justin Sun decides on the future of it.

I have to say it is not really that much of a big problem if you are investing only a small portion of the money, but it would become a huge problem if you end up investing a ton of money into it. I am not saying that we should be ignoring them, but we should be so much hopeful about them neither, just know that in crypto world sometimes everything goes up together and maybe you can take advantage of that.
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July 16, 2021, 10:02:25 PM
 #71

Xrp still have risk due their problem with SEC, its been for many times they must face SEC in the court.This thing will really make investors scare and worry if someday they lose. We still face uncertainity if this problem continuesly occur in future. There are another coins or project have better potential , for example solana that be trend now.
This is one of the reasons.
Although everyone has their own choice, it may need to consider about the fundamentals and also the current problem that will probably influence the future.
For trading, TRX and XRP may be worthy, but for a long-term investment, let's see the exact decision of the current problem will not happen again.


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July 17, 2021, 06:35:58 AM
 #72

Both were good coins and good investments but I prefer XRP for long term investment although the case is still on going and it's really risky but if they win the case then for sure this could bring XRP go pump the price.

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July 17, 2021, 09:28:55 AM
 #73

For now, for those who have fresh money, it is very good to invest in my opinion. The choice is not only xrp. trx or something else. What we have to anticipate is how to set the right time to enter the market because BTC corrections occur every day following negative sentiment.

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July 17, 2021, 11:35:07 AM
 #74

I think that the most profitable and safe long-term investments are fundamental currencies like bitcoin and ethereum, but in addition to this you can consider different indexes, for example, DeFiPulse Index (DPI).
One more suggestion is yeild-farming and staking. You can find a reliable project and lock your money there and just receive your interests.

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July 17, 2021, 12:15:23 PM
 #75

If you think about the use of XRP today because of its fast transaction and cheap fee, you will appreciate it, but because it is long-term discussed here many disagree with it because of unfinished cases or issues and in its centralization being outside the nature of crypto. And if I consider TRX, I will of course prioritize BTC in the list, followed by ETH and BNB which should not be really ignored.

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Saisher
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July 17, 2021, 12:40:51 PM
 #76

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

Why of all coins you mentioned XRP and TRX first what's with the coin, what's is stored for them, why not Binance, DOT, and Ethereum that has proven their value in the market, on Trx until now it has not broken its old all-time high, and on XRP, the SEC is not yet resolved this coin is having an issue I prefer you mentioned coins that are on the top 3.
campusnet
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July 17, 2021, 12:43:46 PM
 #77

According to the present market scenario, several good currencies, such as XRP, TRX, and others, are decreasing due to various causes.I recommend investing at least $10,000 in XRP, TRX, and other similar currencies, since these coins will soon yield a significant profit margin.

Why of all coins you mentioned XRP and TRX first what's with the coin, what's is stored for them, why not Binance, DOT, and Ethereum that has proven their value in the market, on Trx until now it has not broken its old all-time high, and on XRP, the SEC is not yet resolved this coin is having an issue I prefer you mentioned coins that are on the top 3.
I think TRX and XRP for the long term are still at risk. does not mean the asset is bad. but we know how the problems of the two coins.
it's better as you say. there are BNB, ETH, and DOT that we can rely on for the long term.
we have an asset that is less risky than the two assets in question. why not choose a better and safer one.

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July 17, 2021, 01:03:10 PM
 #78

If you think about the use of XRP today because of its fast transaction and cheap fee, you will appreciate it, but because it is long-term discussed here many disagree with it because of unfinished cases or issues and in its centralization being outside the nature of crypto. And if I consider TRX, I will of course prioritize BTC in the list, followed by ETH and BNB which should not be really ignored.
Even though XRP has an unsolved problem, XRP developers find their way to keep their momentum. But consider for a long-term investment, just like you said, it wasn't a wise choice for me as well.
Of course, the leading coins are more preferred when talking about long-term investment. And it is considered less risky than new coins.
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July 17, 2021, 01:13:24 PM
 #79

What are your standards in picking coins for a long-term hold? As for me, those coins still have their potential yet I would still prefer other top coins like Ethereum and BTC when it comes to holding. I find holding these coins more secured and I believe that these coins still have a huge potential to reach a good price again in the future just like what happened in the previous bull run.
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July 17, 2021, 05:28:27 PM
 #80

For now, for those who have fresh money, it is very good to invest in my opinion. The choice is not only xrp. trx or something else. What we have to anticipate is how to set the right time to enter the market because BTC corrections occur every day following negative sentiment.

We are now talking about the fact that we have a good opportunity for investment, although not everything is so clear on the market. And if the price of bitcoin moves down, it will pull the entire cryptocurrency market with it. For such a case, we must have stablecoins at our disposal in order to buy coins at a low price.

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