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Author Topic: Long Term Investment Suggestion  (Read 3545 times)
kumar009854 (OP)
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July 29, 2021, 02:45:42 PM
Merited by dragonvslinux (1)
 #1

As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin
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July 29, 2021, 02:57:28 PM
 #2

If you those coin for long term obviously you'll loss since altcoin isn't good for long term investment, Bitcoin will perform better in the long run.

According to the chart, seems cake and dot could bring some profit for short term trade in current condition... while sol is pure pump and dump shitcoin.
Note : this is not financial advice

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July 29, 2021, 03:27:59 PM
 #3

As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin

Whether or not the coins return high profit or not if you are planning to invest in any coin for a long term then you should make sure that the coin is potential.
You must do a thorough research on the project and the team to make sure you are investing your money in a good platform.
Even I have invested in one of the coins mentioned in your post and planning to hold it for the long term.

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July 29, 2021, 03:30:03 PM
 #4

... like out of 100% investment, it is good to have 70% on bitcoin and the remaining 30% on altcoins for altcoins.

Only invest in altcoins if you're going to be able to keep track of them quite easily. If you're not, you might neglect to find out they've become insecure or something...



Until the end of the bullrun, bitcoin is going to be the best asset. At the time of the crash, alts will pick up dominance but probably only for around a month and you'll end up having to time it probably.

I wouldn't buy any alts also until eth slides back to below 0.03-0.04btc.

All of this is provided based on previous performance, and while it's not the best tracker and can fail - it's normally a pretty good place to start.
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July 29, 2021, 03:34:22 PM
 #5

Correct me if I'm wrong, but your thesis is pretty much "buy these projects because they fell in price"?

At the very least at less tell us why you chose these coins in the first place. Because these are definitely not the only coins that dropped in price.

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July 29, 2021, 05:50:41 PM
 #6

I'm not sure about the high margin of return, obviously all better than BTC and ETH in the long run.
When a bullrun occurs which is the highest profit margin, bitcoin or cake and dot? I think it will not exceed bitcoin and certainly altcoins will definitely have a hard time when the bears come and this is only reassuring for stakings who want to get cake from their exchange.

Choose a coin that has high potential properly in the future cake and dot will only follow in the footsteps of bitcoin that will fly.
I think that's too many bags to put in with $5k just for altcoins.

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July 29, 2021, 11:56:42 PM
 #7

Not all these coins mentioned above have the potential to gain profit in a long run.  Trust me, altcoins didn't deserve to hold for a long run targeting profit otherwise, Bitcoin has a better potential than these.  If you are willing to put a risk on these coins, it might it's just a matter of months because it seems one of those coins mentioned above was in a pump and dump.

Have you not notice that all altcoins prices will swing based on the moving direction of Bitcoin?
So potentially here that could give a guaranteed profit is only Bitcoin, but always remember that Bitcoin doesn't promise anyone to have a quick rich in just a single snap.  Just try to extend your patience and wait for a better profit, not those altcoins.

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July 29, 2021, 11:59:25 PM
 #8

Correct me if I'm wrong, but your thesis is pretty much "buy these projects because they fell in price"?

At the very least at less tell us why you chose these coins in the first place. Because these are definitely not the only coins that dropped in price.

I have the feeling that the OP is a holder of Cake. Usual strategy of those holders that want to attract others to buy the coin they are holding.
Better follow your own instincts and not follow someone else's advice as most of the time they are holder of the coin or token they are promoting.
Cake is promising but you also need to assess your options on your own. Long term investment requires patience along the way.
Because once it is going down, panic will always be there if you have no strong belief on the project.
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July 30, 2021, 12:00:56 AM
 #9

Buy bitcoin.

This is the best recommendation that you will here from everyone if you're really for the long term. You're at the right hands if you're going to choose bitcoin before any other altcoins.

It's a saver for everyone's portfolio when most alts are down.

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July 30, 2021, 04:58:37 AM
 #10

I like it better to put a higher percentage of capital with Bitcoin and Ethereum.
These altcoin goes higher when those two main coins pump up.
Also, there is like a grace period when a dump happens. Alts tend to drop instantly while BTC and ETH do it slower.
You can have some time to save your investment for the short run but if you do prefer long terms I'd still proceed with the better choice with low risk which I had already named.
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July 30, 2021, 05:14:11 AM
 #11

As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin
There are no guarantees about such bold prediction to be honest it's pure speculation in its sense. Most coins have fall since May but no one can predict what will have the higher profit in the long run remember these coins are still consider shitcoins. At least make some statement on why you choose these coins in the first place.
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July 30, 2021, 05:20:20 AM
 #12

As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin

If that's your suggestion then so be it. I like the positivity but don't expect too much as it might give you stress. Just try to balance and consider adding other coins for diversification purposes.

That's the reason why I don't like to mention some coins on my portfolio since I like everyone to research based on what they looked at in the market.

Just because we saw others getting profit on their list, it doesn't mean we will have the same result.

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July 30, 2021, 06:02:56 AM
 #13

As per the current market situation, many good coins are falling due to dot, cake and many other reasons. I would suggest buy cake, sol, and such coins for at least 5k amount, and soon those coins will return high profit margin
Do not forget to buy bitcoin because bitcoin is great for long-term investment. You can invest in altcoin but I think for the long-term investment, the altcoin price will be too volatile and I think you need more patience to buy at every lower price for the altcoin. I do not suggest holding altcoin for a long-term investment, but I consider that the altcoin will be good to hold if that is just for the short-term.

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mk4
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July 30, 2021, 06:12:05 AM
 #14

Buy bitcoin.

This is the best recommendation that you will here from everyone if you're really for the long term. You're at the right hands if you're going to choose bitcoin before any other altcoins.

It's a saver for everyone's portfolio when most alts are down.

I would go out of a limb here and tell op to NOT buy bitcoin.

Why? Because I'm not for investing in things you don't understand. And if it's the case that OP doesn't have any bitcoin, it's highly likely that he/she doesn't understand it in the first place. I think it's highly unlikely for a person to understand bitcoin, and not think it's a good investment.

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livingfree
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July 30, 2021, 07:38:18 AM
 #15

Buy bitcoin.

This is the best recommendation that you will here from everyone if you're really for the long term. You're at the right hands if you're going to choose bitcoin before any other altcoins.

It's a saver for everyone's portfolio when most alts are down.

I would go out of a limb here and tell op to NOT buy bitcoin.

Why? Because I'm not for investing in things you don't understand. And if it's the case that OP doesn't have any bitcoin, it's highly likely that he/she doesn't understand it in the first place. I think it's highly unlikely for a person to understand bitcoin, and not think it's a good investment.
He suggested cake, sol and other altcoins.

That gives the idea that he understands cryptocurrencies as he understands those altcoins so he understands what bitcoin is. But yeah, if he don't understand it.

He should stay to what he understand but that's just a recommendation if he wants to listen to suggestions.

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Cling18
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July 30, 2021, 07:48:12 AM
 #16

If you those coin for long term obviously you'll loss since altcoin isn't good for long term investment, Bitcoin will perform better in the long run.

According to the chart, seems cake and dot could bring some profit for short term trade in current condition... while sol is pure pump and dump shitcoin.
Note : this is not financial advice


Bitcoins is really the best choice when it comes to long-term investment but there are also good altcoins that are worth holding. As for me, we should still be skeptical in picking coins to hold because not all altcoins could last long so long-term holding would fail. We should consider the potential of a coin and not just its hype.
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July 30, 2021, 08:12:13 AM
 #17

Have you check their technical analysis before suggesting those coins here? If not, those coins may or may not recover well as you expected. Im not also sure how did you know those coins will give us some high profit margin? I mean, there are many established coins that proved their capability and potential.

And we are talking about long term investment here, if those suggested coins can be seen potentially for long term like improving their project system, partnership, etc.,  then there is still a chance that it can be keep up with some old altcoins .
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July 30, 2021, 09:38:34 AM
 #18

Seriously I won't really recommend those coins to anybody to buy I don't really trust them if you are buying for a short term they are not bad to buy but if you are holding for long term I won't advise anybody to buy those coin I can only recommend just three coins for people to buy which include bitcoin, Ethereum and Binance coin(BNB). Those are the three coins I can recommend to buy if you are buying for a long term or even a short term I believe if you buy this coins you will definitely be in good profits in the next few year's.

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July 30, 2021, 09:52:25 AM
 #19

Real estate, bitcoin, blue chip stocks and index funds are some of the long-term investments that I can think of at the top of my head and I think that they are some of the best way that I can make money out of because I have seen the profits of those four that I have mentioned although, blue chip needs a lot of money to reliably help you make a passive income but it's definitely worth it.
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July 30, 2021, 10:38:22 AM
 #20

Real estate, bitcoin, blue chip stocks and index funds are some of the long-term investments that I can think of at the top of my head and I think that they are some of the best way that I can make money out of because I have seen the profits of those four that I have mentioned although, blue chip needs a lot of money to reliably help you make a passive income but it's definitely worth it.
Real estate and bitcoin for me are already enough for the long term. While having an additional business and source of income through employment, that's good to sustain all of those long term investments that I'm trying to build. ETH is also a good candidate for long term as it's also part of many holders choice. But just for the sake of safety and assurance that you've bought a coin that won't be gone in the long run, it's bitcoin because for the choice of altcoins, you'll never know what's with most of them.

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