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Author Topic: How reasonable is the long-term investment in Altcoins?  (Read 2375 times)
Ngewex Yuk
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October 21, 2021, 03:46:55 PM
 #61

The biggest reason is that at this time crypto is still a trend, and many millionaires are investing in crypto. It is hard to say whether cryptocurrencies will last for the long term or not, many things are unexpected and when the market looks like it is going to skyrocket but the price drops again, this is normal.

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October 21, 2021, 06:16:37 PM
 #62

I think long term investment is not risky but short term investments are risky because market has been through unexpected fluctuations in the last one year wherein we have seen some altcoins pumping 10x and then dropping back and staying at 2x value of what it was before pump, our entry points matters a lot and if we have entered right before the  take off then we will be in profit for short term if we use stop loss and if we are entering the market when it's already in full fledge then there are greater risk of losing out. I dont belive in short term invetsment unless we take entry at rock botton price.

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October 21, 2021, 06:56:13 PM
 #63

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?
They're full of risk and that's true. I agree to you and there are only a few altcoins that I'm considering long term. One is Ethereum and that's the one altcoin that I have on my stash.
It's very likely that everyone should hold it so that you'll be able to adopt the updates that are about to happen for it. You don't wholly invest that you have in many altcoins, full diversification isn't recommended if your goal is long term.
Agree, many alts have to stay in the market longer with a lot of updates, increments to be seen as truly a long term investment. Because when it has come to that point, even if they have risks, their risk is lower and the coin won't be gone in a short amount of time.
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October 21, 2021, 07:00:40 PM
 #64

The only altcoin I hold long term is ETH. Everything else has its cycle just like altcoin season
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October 21, 2021, 07:38:39 PM
Last edit: October 21, 2021, 09:43:36 PM by Hamphser
 #65

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?
When it comes to profitability then there's no doubt that Altcoin could really give that probability or possibility on making bigger profits than with Bitcoin but doesnt mean that it wouldnt really be worth for you to invest

because we know on whats the advantage of diversification but of course you would really need to have that financial capacity or capability on doing that and we know that not all would really be having that kind of
money to spend.

If you do see or consider altcoin to invest on then go ahead.Just be sure that you're dealing with the right one or something that has potential.

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October 21, 2021, 07:42:47 PM
 #66

The biggest reason is that at this time crypto is still a trend, and many millionaires are investing in crypto. It is hard to say whether cryptocurrencies will last for the long term or not, many things are unexpected and when the market looks like it is going to skyrocket but the price drops again, this is normal.
With altcoins, i know they're more on short term investments because altcoins are mostly seen affected with pumps and dumps. When you see an altcoin that has skyrocket today, sell it quickly when you think you'll be in profits already, because if you still let it sleep in your portfolio, you might be seeing it dumping the next day. Not all altcoins but i can say a lot of them. So they are no good for long term holding as they easily change their prices based on the current events and updates.

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October 21, 2021, 08:15:37 PM
 #67

It's quite reasonable to treat some altcoins as long term investments. For example, ETH definitely an altcoin for long term investment. Not every altcoins are full of risks, you know. Risk is a normal thing to have in altcoins since risk is equal to gain.
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October 21, 2021, 08:51:23 PM
 #68

The #divi project has been so successful that the truth is one of the best #altcoins, without a doubt this 2021 will come great gains from the currency
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October 21, 2021, 09:16:53 PM
 #69

Passive income is an investment that generates long-term benefits, I recommend Divi, a cheap and easy to use currency, which offers you passive income in a simple and safe way, its Masternodes are very good and generates positive results ... Divi is a currency that, although undervalued, has great potential, its passive income is very profitable, it is an easy digital currency with a borderless financial ecosystem that uses freedom and financial inclusion. I am excited about Divi, it is one of the best options for those who want to start investing with cryptocurrencies, Divi offers you the best #Staking and #Masternode, with the excellent opportunity to obtain a considerable ROI and very easy to install with one. . click. What is your profit margin? from 18 to 23% profitability.
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October 21, 2021, 09:41:49 PM
 #70

Finding a project that you can stick with during the bear and bull market cycles will make your life that much easier. DIVI is a project that has been performing well giving Staking rewards ranging from 22% to 24% per year. Users will be able to utilize Divi decentralized stakeout vaults, making stakeout accessible to everyone.
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October 21, 2021, 09:45:47 PM
 #71

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?
They're full of risk and that's true. I agree to you and there are only a few altcoins that I'm considering long term. One is Ethereum and that's the one altcoin that I have on my stash.
It's very likely that everyone should hold it so that you'll be able to adopt the updates that are about to happen for it. You don't wholly invest that you have in many altcoins, full diversification isn't recommended if your goal is long term.
Agree, many alts have to stay in the market longer with a lot of updates, increments to be seen as truly a long term investment. Because when it has come to that point, even if they have risks, their risk is lower and the coin won't be gone in a short amount of time.
Yes, those that are reputable only has come with low risk because if you're with those new projects that are still unknown, they're giving you that much risk that you can't take.
They're viable in the long term if they're reputable already while the other projects that are not yet proven, they're the ones that has to strive to get known and continue with what they've started to become known.



 

 

 

 

 

 


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October 22, 2021, 12:20:07 AM
 #72

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?
Investing in altcoins for long term is as reasonable as investing in Bitcoin. But you just have to make sure you invest of coins that are well known, being actively developed, has good use cases and solves current issues that other crypto currencies face. Like Ethereum and Solana are good altcoins that you can hold for long term. As long as you aren't investing in shitcoins, you will be fine. And make sure to do your own research before you invest in any coins.

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October 22, 2021, 12:45:07 AM
 #73

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?
Investing in altcoins for long term is as reasonable as investing in Bitcoin. But you just have to make sure you invest of coins that are well known, being actively developed, has good use cases and solves current issues that other crypto currencies face. Like Ethereum and Solana are good altcoins that you can hold for long term. As long as you aren't investing in shitcoins, you will be fine. And make sure to do your own research before you invest in any coins.

Not all altcoins are bad for long term investment, there are some altcoins that I think are worth for long term investment. Although the number of
altcoins that reasonable for long term investments is not much, that's the importance of doing research and analysis before we decide to invest.
So that we do not choose the wrong projects, so my advice stop choosing projects based on other people's opinions, because other people's opinions
don't guarantee 100% accuracy. The investment should not only be in Bitcoin, it will be more profitable if we invest in several coins. Therefore
there is nothing wrong with investing in altcoins in the long term, but choose one that has real potential.

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October 22, 2021, 03:01:10 AM
 #74

Long term investment in bitcoin is worthy but long term investment in altcoins is risky.  Because it is not possible to say when the price of an Altcoin will go up. For example, at the time of the 2017 bullrun, Litecoin was ranked 3 coin and its price was up $300.  But during this bullrun, the price of Litecoin has crossed $200 for a short time. But other altcoins like BNB, ADA, DOT, LINK have much higher growth.
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October 22, 2021, 06:30:50 AM
 #75

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?

Actually, all altcoins has risk once you decide to invest or buy it. There is no such things here where you can trade that has no risk of course not!
And yes, I agreed that day trading is much more profitable compared to long term holdings although, you need to spend time to wait on it before you can have the high rewards to your holdings anyway.

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October 22, 2021, 08:10:53 AM
 #76

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?

Actually, all altcoins has risk once you decide to invest or buy it. There is no such things here where you can trade that has no risk of course not!
And yes, I agreed that day trading is much more profitable compared to long term holdings although, you need to spend time to wait on it before you can have the high rewards to your holdings anyway.
And i believe that most of the altcoins are just only profitable for short term holding. But if you are investing in those top ten in CMC, you can be more confident that they are good for long term holding. As long as you are keeping those coins with good projects and have high potentials to be worth something more in the future, then keeping them for long term is worth the risk.

However, if you are investing from those low potential altcoins, expect that their prices will just easily pump and dump. So be more careful with them as you can end up in losing your capital if you are not cautious enough.

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October 22, 2021, 09:12:49 AM
 #77

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 a lot of altcoins are filling in the gaps that BTC can't do. ETH is the best, and oldest, example of that.
A lot of the alt coins I look at, I am looking at the tech. I also really love ones that I can stake. DIVI is a prime example of a coin that I am slowing DCA into. I love the core team, the tech and how they are trying to bring crypto to everyone. Not to mention how you can easily setup staking or a master node in few clicks in the mobile wallet. Easy passive income.

The main goal of Divi is to make crypto easy. Starting with their easy wallet, where you can send to your friends by simply tapping their username. No more confusing addresses!

I think you are dead on. DIVI helps new investors with get over some of the hardest hurdles with Crypto. Using the DIVI wallet contacts to send and receive any crypto the support (DIVI, ETH, BTC and LTC at the moment) makes it way less likely you will send it to the wrong person. All you need to do is choose the contact. Also, who does like passive income? Setting up DIVI staking vault is by far the one of the easiest cryptos I have staked so far.
agree it is the best option DIVI
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October 22, 2021, 09:42:28 AM
 #78

Altcoins are a great option for crypto long-term investments. If you don't agree, then you probably don't know the rule "never put your money in something without knowing where it is going".Legit altcoins projects often have a roadmap to show investors that they’re in it for the long run. Most have long-term goals that will eventually take their crypto and vision to the moon. In turn, investors should also know that they should also be willing to strap in for the long term.
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October 22, 2021, 09:45:06 AM
 #79

I agree. Another point is, it depends on what altcoin it is. If it's Ethereum then you best hold it too just like Bitcoin. Profits in that currency are also in the future and this value could just be a chip of what's really coming when Ethereum 2.0 is done.
Now, for other altcoins, it would best suit to just buy and sell it. Don't fall in love with whatever sweet words they are telling in their medium or telegram groups. Keep on sucking all the profits as fast as possible and as long as you see a chance to do so.

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Mariaverde
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October 22, 2021, 02:08:50 PM
 #80

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 a lot of altcoins are filling in the gaps that BTC can't do. ETH is the best, and oldest, example of that.
A lot of the alt coins I look at, I am looking at the tech. I also really love ones that I can stake. DIVI is a prime example of a coin that I am slowing DCA into. I love the core team, the tech and how they are trying to bring crypto to everyone. Not to mention how you can easily setup staking or a master node in few clicks in the mobile wallet. Easy passive income.

The main goal of Divi is to make crypto easy. Starting with their easy wallet, where you can send to your friends by simply tapping their username. No more confusing addresses!

I think you are dead on. DIVI helps new investors with get over some of the hardest hurdles with Crypto. Using the DIVI wallet contacts to send and receive any crypto the support (DIVI, ETH, BTC and LTC at the moment) makes it way less likely you will send it to the wrong person. All you need to do is choose the contact. Also, who does like passive income? Setting up DIVI staking vault is by far the one of the easiest cryptos I have staked so far.

Divi is such an amazing project. It provides simple and secure financial services to everyone, no matter where you are in the world. Which is awesome cause makes an easy experience to new users.
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