How reasonable is the long-term investment in Altcoins?

[tokyohd]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

[1714928063]

1714928063

[dhemasm]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

It's depends on which altcoins you invest but basically all form of investment have an risk but for crypto it's much higher since the market was volatile so no one controlling it but beside like that it's still good option if you choose some good altcoin with clear prospect and real use case but on the other side for short-term i think it's much better since most of altcoin out there right now didn't have any real use case like meme based coin or anything like that.

[poodle63]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?

If that's not reasonable and how is it possible there are lots of new millionaires from altcoins? Imagine those who have been investing in binance when the price was around 50 cents and this time they are enjoying their life with multi millions USD on their pocket. can you still call that as a non reasonable investment? If you got legit coin and it can make you to be a new millionaire.

I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

Investing in bitcoin will always involve the risk in your investment. Imagine you have been invested in bitcoin when the price was around 60k and it drops to the 30k. The same thing happened with altcoin as well.
Both have big risk as crypto was very volatile. I do agree if altcoin is more profitable right now caused by it has small cap compared with bitcoin.

[crwth]

It depends on the altcoin for sure. I think of different scenarios like below.

• You buy shitcoins
• You buy notable projects

If you have bought shitcoins = short term
If you have bought notable projects = long term

My personal experience is that if I buy shitcoins because of hype, I would immediately sell them once I have reached a good gain with my trade.
When I believe in a project, I would buy a considerable amount that I can afford and then make sure that I'm okay with it if it goes to zero value. If the project has staking involved, I will stake it for a long-time to make sure I don't mess with my balance and sell too early.

[rijaljun]

It actually depends on what coin you are holding if it is some meme coin or shit coin I don't think it's reasonable for holding but if it is something like ETH, BNB, SOL and DOT I think it is reasonable to hold this coin for a long term investment. I think for other coins like DOGE, SHIB and others I think it is suitable for short term investment.

[Cryptoababe]

Long term investment in major Altcoins is also as reasonable as long-term investment in bitcoin. Imagine if you have bought ether, doge, ADA and some major Altcoins in 2017. Isnt that reasonable enough?.
So, long-term investment on Altcoins really depends on what kind of Altcoin you wanna invest on.
So I don't agree with you.

[Ararbermas]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

it's actually depends which altcoins you want to invest. If you rely in any new projects in the market of course its very risky and you don't know if it can really guarantee a food return after all, but if you choose those top altcoins in the market, well perhaps you can assure that they're reasonable as well like bitcoin.. Indeed many investors already knew how legitimate some of the alts projects in the market especially when it comes long term,  so must make research so that you have information which still can survive in long term.. Not those new projects because it's unpredictable.

[Al Qiyamah]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

I think if the chosen altcoin is Ethereum or BNB then it makes sense to be a long-term investment, just look at the price of ETH now compared to 4 or 5 years ago, the price of ETH soared.
Yes, I agree that short-term altcoins are indeed more profitable, but not all altcoins are risky if invested long-term, depending on how big the development of an altcoin project is.

[aprilnot]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

the risk is commensurate with the profit earned. so altcoin investment is also worth considering. it's not a matter of reasonable or not, but we are talking about opportunity. bitcoin is good, everyone knows that. but for those who are new to crypto investing, buying bitcoins will not generate much profit. what's more with a small amount, it doesn't even pay off unless bitcoin is bull high. so altcoins are another consideration for those who are new to investing here. a low price with no less good potential, a reason to invest. Solana, BNB, Polkadot, ethereum, doge, shiba inu, are a list of altcoins that provide huge ROI for investors. and in the future, there will always be altcoins like this. so a long term investment in an altcoin is worth it, as long as the coin has potential.

[JeffBrad12]

That's an old thing to be discussed again before bitcoin goes to the 60k and i remember that so many people were blaming bitcoin caused by it was not a reasonable investment and some people even said that as a scam. I do believe if you're going back to 10 years ago and you will be saying the same thing as what you have said about altcoin right now. Any investment will make you deal with the risk. if you didn't wanna get the risk and you must not deal with crypto. That depends on what kind of coin/token that you have picked it from the market. None was given the recommendation to deal with the garbage coin aka shitcoin/memetoken.

There will always be a hidden gem and the only chance for you to be rich through discovering the hidden gem that will become big cap crypto.  Altcoin was reasonable to be used in the long term and I'm also using altcoin for the long term. I got almost 50x ROI from there. that's the power of altcoins.

[joniboini]

If you choose the top 10 coins or so, probably you can do a four-year cycle like the bear-bull cycle. Buy on the bear cycle, hold it until the bull recovers and then sell, and then repeat. Other than that, long-term investment is really hard to justify since there's not enough data. I suggest you just use 10% of your capital or so to play with alts regardless whether you're aiming for mid-term or long-term investment and put the rest on BTC.

[inanilujimi]

Depending on the altcoin you choose, each altcoin has a different function, some are created just based on hype and some are to solve a problem from an existing one.
maybe meme coins and the like are not worth it for the long term, but altcoins like ETH,BNB, SOL, ADA and other top ones can be used for long-term investments.

[Jackl87]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

There are a lot of Bitcoin maximalist in the crypto space and of course also in this forum, that keep repeating, that every crypto coin except Bitcoin is a sh*t coin, but i strongly disagree with such a statement. Just look at ethereum for example. In terms of functionality and use cases it offers so much more than BTC. Bitcoin nowadays is not a payment method anymore for 99% of the people, but an investment asset just like Gold.
I am pretty sure, that if you choose the right altcoin you will make some nice profit and most likely a bigger one compared to an Btc investment.

[20kevin20]

I think investing in altcoins can be very reasonable, if you know what you're doing and if the coins you invest in actually do have a future. Think of how profitable ETH has been in the last few years.

The only thing is, when you invest in an altcoin you invest in what you see now. You never know however if that coin will even exist anymore in a matter of years. Bitcoin is the king, so you would definitely hear about its downfall. Hearing about a downfall of a specific alt .. less likely.

Then, you should know that most alts lose purchasing power against BTC. There are very few that actually make it and are worth the investment when you consider the Altcoin : BTC ratio. If you think Bitcoin is the future, then it might in fact be smarter to simply buy it (even if it seems expensive right now) thank to invest in alts.

My personal opinion is, you should take altcoin investments by their name: as an alternative long-term investment that you shouldn't 100% rely on.

[_IRMAN]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

Why does Bitcoin make more reasonable? Doesn't Bitcoin have a use and case and the more expensive the price, the higher transaction fee.
Altcoins that have use and cases I think make more reasonable in the longterm. Because the longer the platform of the altcoin will be more widely used, so the price will go up.

[Doell]

short term altcoin investment is highly recommended but long term is also good not bad depending on the altcoin ,you can see ethereum dogecoin which is very old in this altcoin ,hitting prices better than the past which is not so good ,bitcoin and altcoin are the same risk

[Slon55koz]

short term altcoin investment is highly recommended but long term is also good not bad depending on the altcoin ,you can see ethereum dogecoin which is very old in this altcoin ,hitting prices better than the past which is not so good ,bitcoin and altcoin are the same risk

Long-term investments definitely have good prospects if you choose the right altcoin, which has growth prospects in the future and is purchased at a low price. Such investments bring a positive mood and profit, as they are reliable. As for short-term investments, I do it in those coins whose reliability is not entirely sure, but which have prospects that have not yet been fully revealed.

[Williamm07]

The only coin that I can invest money on and have zero worries is bitcoin and yes even in this bull market I can buy BTC at ATH will no worries because it's store of value is like no other but as for altcoins I prefer gathering them in bear markets only since they are highly volatile

[ardydyon]

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

I don't agree with you. maybe you should look for more information and references about altcoins.
Not all altcoins are full of risk and are only good for short-term investments. you can
investing in altcoins in the long term is the same as investing in btc long term.
can you imagine if you only invest in btc while altcoins are competing to develop their projects for the better and
their prices also go up considerably when invested long term.
examples of altcoins that are increasing in long-term investments
1.ETH
2.BNB
3.Cardano
4.solana
5.xrp and many other good altcoins to invest for the long term as their projects keep getting better and better.

[RealMalatesta]

My personal opinion is, you should take altcoin investments by their name: as an alternative long-term investment that you shouldn't 100% rely on.

I would say that altcoins are not doing that bad against bitcoin in the long run, but these are just a few of them, like maybe 20 coins/tokens that will do better against bitcoin in the long run. The reason for that is the fact that bitcoin reached 1+ trillion dollar marketcap and we are expecting it to make higher returns, it will not be 2x anytime soon, but a coin that is like 20 million dollar cap reaching 40 million dollars is not really that hard.

This is why I believe that the altcoin world has a better chance to make you a lot more profit, it is not a short term deal because there are a lot of horrible ones but if you could find the good ones then you could make a good return.