LONG TERM INVESTMENT REMAINS THE BEST

[hatshepsut93]

honestly, i am shaking on my knees. i can not believe that a 10usd dollar investment on shibu inu worth 4 million dollars now. if you have invested 10usd on shiba inu on the december 31, 2020. Now the value of your holding is over 3 million. i am still struggling to understand how crypto is not a good way to invest. the future is still bright and i believev more funds will move into cryptp. the time now to pick better projects and invest in it is not over.

Is anyone using SHIB in real life? Or DOGE? Do people pay with it for their purchases? Do people use it to send money overseas? Do people use it in online stores? The answer to all those questions is no. And it will not change. There's already Bitcoin, the coin that is backed by enough PoW to not worry about attacks, and the code that is reviewed by thousands of world-class experts. Meanwhile SHIB's or DOGE's value is based on Elon Musk's meme tweets. If you think this is an example of a good investment, you will just lose money over and over trying to catch the newest pump.

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[Stalker22]

honestly, i am shaking on my knees. i can not believe that a 10usd dollar investment on shibu inu worth 4 million dollars now. if you have invested 10usd on shiba inu on the december 31, 2020. Now the value of your holding is over 3 million. i am still struggling to understand how crypto is not a good way to invest. the future is still bright and i believev more funds will move into cryptp. the time now to pick better projects and invest in it is not over.

What about this little altcoin you're seeing skyrocketing in value right now? Think about it, what's the source of that value? Its value will go back to zero once the euphoria is over.
Maybe they won't go all the way back to zero, but they will never surpass the value of the underlying coin in the long run.

[Pmalek]

Let me show you something.
This source shows dead coins and tokens. Projects that have been abandoned and no longer exist.

It currently shows a count of 1673 different assets.
If you go back a few months to February 2021, the same site used to show 1551 coins. That's a difference of over 100 assets in 8-9 months. That tells you a lot about altcoins.

I doubt that's the place Solana is going, but it's certainly a place that many alts will reach or be close to reaching.
If you hold too many alts, ask yourself: what is it that they do that Bitcoin can't? Why would I be interested in getting paid in Shiba Inu? Because Elon said so, because he bought a Shiba Inu puppy and posted it on Twitter?

[TheNineClub]

I completly agree that long term investments work, however that's not to say that short ones don work and that a longer period of hodl is the only way to go. It all depends on the presonal preverences and goals of the investor, and both types of investing can yield good returns if approached in a smart way.

[CryptopreneurBrainboss]

Don't bank on this altcoins in the long run as they all lose value against bitcoin. While you think you're profiting in fiats, you would had been better off holding Bitcoin and as such you're losing in satoshi.  With altcoins you just seized the opportunity they present to get gains and stack up more satoshi.  Don't even think you would be profiting in the long run. With short term views, you'll be thinking you made the best decision but give the market more 5/10 years and other alts will come replace that which you owned and the cycle continue that way making them lose support. Yesterday it was Ethereum, today it's Solana tomorrow another project will be come out.

[Poker Player]

Don't bank on this altcoins in the long run as they all lose value against bitcoin. While you think you're profiting in fiats, you would had been better off holding Bitcoin and as such you're losing in satoshi.  With altcoins you just seized the opportunity they present to get gains and stack up more satoshi.  Don't even think you would be profiting in the long run.

Yes, long term investment in crap gives you shitty returns at best, and you usually end up losing it all. The OP has surely figured out that it's better in the long run than to be eating your head off and losing money trading in the short term, but the best long term investment is in premium assets like Bitcoin.

[Issa56]

Seriously investing in Cryptocurrency from my own experience I believe it is d best most expecially bitcoin but if you plan on investing in other coins I think you will have to do your dip research first because currently now there are lot's of scam coins now so we just have to be very careful if we are investing in altcoins but in bitcoin you don't really need any research.

[Marykeller]

Honestly, cryptocurrency has always been a long term investment not a get rich quick scheme. That's why it's always advised to invest with your spare money. I do find it very funny when people complain of losing their money from bitcoin investment just in a short interval. Forgetting the fact that very crypto investment requires time and patience to be able to see your investment grow

[Rengga Jati]

Holding may be good, but for certain coins.
We must know and analyze at first whether the coins have real and logical fundamentals and use cases or not.
Long-term holding is also a very risky mover if we are holding shitcoins, it may be dead coins.
But for some coins or tokens that have strong fundamentals and also real use cases, it may be filling or promising.
DO your own research not for following other people. DYOR is the best whether you will hold or not

[aysg76]

Shitcoins pump and dump every day. Each of these shitcoins you named are recently pumped. For example Fantom started at 3600 satoshi and after 3.5 years it has gone back up to reach 3800 satoshi! While it was 2700 satoshi last month. Same with Solana but with better pump, it started pumping 2 months ago and surpassed its last year's price (it is a new shitcoin). Same with AXS.

You see none of these are natural gains. All these are pumps. A price rise that only happens in 1-2 weeks is not going to last either. In other words this "long term investment" that you are talking about and the profit you are talking about was only gained in this very tiny window.
So why bag hold shitcoins that only pump in a couple of days?!!! Why not buy that shitcoin while it is starting to pump and then dump it before others do to get your profit out?

Exactly and this is what they ignore the most and ask what's wrong.Most of the newbies who entered the market in hype suffer loss because they don't want to do research and simply want to make millions with investing in those shitcoins available in the market.They are altcoins which have no future, security and utility and how could people believe them? This is because they see they favourite person endorsing those shitcoins as they try to manipulate the market to make personal profits and when market crash the funds vanished from the market.

See this is situation of the holders of shitcoins when the prices start tumbling : https://www.instagram.com/reel/CU4b6Jdpgb9/?utm_medium=copy_link

For those who are visionary and want guarantee profits and secured deflationary future ahead invest in Bitcoin as it is the future.The best advice should be this to the newbies not how to hold any shitcoins.

[Cookdata]

Whatever works for you, you should do it since, as you have pointed out, counseling someone through investing may or may not work out.
While it is simple to record profits in a bull market, it may not be as simple in a bear market.
Another point to consider is that there are ways to make money in a short amount of time without having to wait a long time.
What works for you might not work for someone else.

[SquirrelJulietGarden]

Yeah, Most of the time fundamentals will govern on crypto project especially with those project backed by huge and famous VC like Bluezilla, Almeda Research, Binance and many more. Project backed by this strong VC will surely get successful in the long term ni matter what happened on crypto space.

Investors will look at backers and sponsors of a project to consider whether that is a good project. They can do their research or simply rely on the names of backers and sponsors. Many investors simply believe in the research and decisions of famous backers and investors.

It is not good but at least they have big names to believe in.

[ShowOff]

Investors will look at backers and sponsors of a project to consider whether that is a good project. They can do their research or simply rely on the names of backers and sponsors. Many investors simply believe in the research and decisions of famous backers and investors.

It is not good but at least they have big names to believe in.

Usually these investors are not long term holders who are ready to support the project for a long time. I'm pretty sure they will sell their shares once the distribution is complete and trades start to open as we have seen so far. I agree with most people that there are so many altcoin that one should not consider investing in long term because we have seen so many failures that befall altcoin projects especially for new altcoin. Altcoins are short-term investment assets with a profit target that may be smaller in an effort to minimize the risk of pump and dump.

[excro]

To be honest, I've always seen hodling as the best option. You just have to look at the graphs 1 year from now: 440%. Here's your answer.

[The Cryptovator]

Yes, I agree with it long time investment is definitely a good decision. But the only and one condition is you have to choose a good coin for that. Otherwise definitely will feel that long-term investment is bad. I have a bad experience with long-time investment but this fault is mine. Because I have chosen the wrong coin and the worst coin ever. But it does not mean long time investment is bad, it is bad for me. So the most important thing is where you are investing, if it is BTC then fine. BTC is always better than any other coin because if you can hold it with patience it will never give you loss.

[Rruchi man]

1; DO your research properly for any crypto you want to invest in.

How can one be certain that he or she has properly done their research on a crypto they want to invest in?  Sometimes if you really plan on HODLing for a long period, i think its best you pitch your investment under already existing strong projects that are popular among majority of investors, stack investments up and keep HODLing.

[GeorgeJohn]

Yes, I agree with it long time investment is definitely a good decision. But the only and one condition is you have to choose a good coin for that.

I personally acknowledge this point of yours, because it's not all the coins that can be hold for long time period, yes of course an investor is meant to invest for long time frame but measure have to be taken by knowing the rudiments of the coin first before investing or adventuring into it, nothing is absolutely wrong to keep a coin but the problem is how prominent or influential and volatility is the coin.

[Synerggy]

HoDL is the way to financial freedom in crypto space, I'm saying this right now because all majority of the coins I sold for quick profits have grow over 2000% profit over time, this happens in just 4years cycle, I used to hold million doge coin, I have over 1 million YOUC token and now it's 0.65$ pls do the math, I would have become a millionaire today

[Barinekapaul]

i have decided to do this no matter the market movement. Bull or Bear. i will invest and Hold on quality projects.

It's a choice or will I say a strategy or what one is good at that drives how one goes.
Long term is good to you and most people because of most times, the capital invested, and the target.

Also, having short time trade is beneficial to some people also as the profit is derived instantly, and as such,
risk of loosing the capital in the long run is minimized.

so choosing a strategy is dependent on the person and the goal he or she wishes to derive and achieve at the end.

[pawanjain]

Dollar Cost averaging has always been the best for long term investing in bitcoin. If you are looking for holding long, make sure you have set up a period and follow that all time. For Bitcoin, it has barely been loss in case of a long term holding.
By the way, I guess you better know how much risky investing in altcoin; more riskier when it comes to long time investment.

Dollar Cost Average is 'The Best' strategy for a long term holder. For me especially, long term investment has made out really good profits.
But why do you say that long term investment in altcoin is more riskier ?
I have been holding an altcoin for a long term which did really well. It's just that we have to make sure we are investing in a good coin and not in a shitcoin.
We never know but sometimes an altcoin can give out more returns than bitcoin. At least that's what has happened to me.