How reasonable is the long-term investment in Altcoins?

[Amboss9091]

We have been looking at the crypto industry for a long time. It all started with Bitcoin. People benefited from Bitcoin. ALTCOIN was born out of the benefits of Bitcoin. I think if we want to make a long term investment in altcoin we need to know its background. Investors have experienced areas of investment. It is said that altcoin can be a good medium for long term investment in cryptocurrency. In my opinion, it can be a good benefit in the long run. Given today's situation it is possible to participate in altcoin with small investment. But Not Possible To Buy Bitcoin In Very Small Amount .I agree with that.

[SirLancelot]

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?

Any of them can work, it's just all about you planning yourself strategically and investing at the right time in a particular coin. If you’re able to invest in a coin at the right time and your analysis is predicting that there’s more of an increase coming, then it wouldn’t be bad to keep holding that coin till you have made enough profit from it.

There are still altcoins that are worth investing for a long term and some of them are ethereum, Polygon, and I think solana will be worth it as well. Most of the coins that correlates with Bitcoin have a better opportunity of increasing on a long term . And moreover, if you plan on investing on a short term, you might as well miss it and end up investing at a time when the coin is about to crash. That’s part of the risks you always have to take in the cryptocurrency market.

[ZaraCB]

If you invest in top altcoins like ETH, BNB then I think it's worthy.  Because these altcoins are very trusted. However, it is better not to invest in new Altcoin for long term.  Because it is very risky. However, you can invest for short term.  During the current bullrun, it would be wise not to invest in a Altcoin for long term. Because winter season is always very long.

[Ozero]

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 think it’s worth agreeing with that. There are over 13,600 altcoins on this market. Among them there are quite promising ones, with excellent technology and functional characteristics, and a significant number of them have already outstripped Bitcoin in this regard. They are very useful and easy to use and therefore I do not see why one should be afraid to invest in them for the long term. Altcoins are developing rapidly and it is necessary to track them so that they do not become obsolete and that their teams do not commit irreparable stupidity.

[2double0]

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?

While there were altcoins that stayed, lots of them went missing with time. Long term investment in altcoin is much better if that coin remains on exchanges and does not get delisted eventually, nor its price should go down so fast that investors panic sell it, else all your hodling period will be wasted. Keeping an altcoin which comes in top 50, and for much better and secured investment, top 10 must be hodl. All of them have a better chance at keeping up the price static and not to get delisted.

[Rufsilf]

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?

Nope, it really depends on you which altcoin do you have in your portfolio or hold, both long-term and short-term investment has it's own risk so it has to be dependent on how you handle your coins. Neither of the coins have the most risk because all of the cryptocurrencies have tailed with extreme volatility that's why we can't really know when we can make profit or gain, it is just a matter of research and study to forecast what would likely to happen in the future but as I said it's not like you can predict it 100%

Currently, I'm holding ethereum, solana and cardano because they're the most likely to give me competitive returns than the other altcoins. I keep myself from having 5 or more coins to avoid losses, this way I can give much attention to my coins (4max).

[LittleBitFunny]

Nope, it really depends on you which altcoin do you have in your portfolio or hold, both long-term and short-term investment has it's own risk so it has to be dependent on how you handle your coins. Neither of the coins have the most risk because all of the cryptocurrencies have tailed with extreme volatility that's why we can't really know when we can make profit or gain, it is just a matter of research and study to forecast what would likely to happen in the future but as I said it's not like you can predict it 100%

Currently, I'm holding ethereum, solana and cardano because they're the most likely to give me competitive returns than the other altcoins. I keep myself from having 5 or more coins to avoid losses, this way I can give much attention to my coins (4max).

Agreed, There are many popular altcoins that have remained unchanged even during this bullish time of Bitcoin.
Where Bitcoin has broken its previous ATH on several rounds, coins like BCH/NEO are far from their previous ATH, they are more dumping now.
Some altcoins like Ethereum, BNB have strong support teams that's why they are being pumped along with Bitcoin. So while holding altcoin you have to be very careful to pick the right coins.

[khiholangkang]

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?

If for the long term look for an altcoin whose platform will be widely used in the future, don't choose an altcoin that goes up just because the hype is certainly very high risk.
An example of an altcoin whose platform will be widely used is BNB.
Binance is the largest crypto exchange in the world, of course the more advanced the crypto world, the bigger Binance will be.

[LUCKMCFLY]

For me, the long-term investment of ALTCOINS is reasonable, if and only if I have confirmation that BTC is in a bullish trend and that a correction does not occur that brings the price of BTC to the levels of the accumulation or Re-Accumulation stage, because Only then is it quite profitable to buy and be in LONG in each Pair / BTC, That is the only justification I have to be in the long term in the altcoins, this learning I obtained in 2017 when BTC for the first time reached $ 20k, which which, everything was very fast, the whole market is green.

[MarjorieZimmermanGinger]

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 several altcoins that can be used as long-term investments, not all of them have a big risk if we invest, for example Ethereum and Binance, these two coins are still categorized as altcoins, but actually these coins look quite good on the market and the possibility of long-term investment is also suitable for both coins, now both coins have reached their perfect value and trend in the market.

[SUPERSAIAN]

No one can advise this. It is impossible to find the peak to get as cheap as it is the best. It is best to make a sales strategy. So you sell profit at certain pricing. Sometimes it is the highest level of the coin, but you do not realize it and you do not sell it, you can wait for years like this, think about it so that it comes to the same price.

[LUCKMCFLY]

No one can advise this. It is impossible to find the peak to get as cheap as it is the best. It is best to make a sales strategy. So you sell profit at certain pricing. Sometimes it is the highest level of the coin, but you do not realize it and you do not sell it, you can wait for years like this, think about it so that it comes to the same price.

In this statement you are absolutely right, because people quickly look for an opinion that can make them go out quickly to make a bet, but to recommend a long-term altcon is difficult, at least I am looking for a good looking altcoin, in the future but with the following criteria:

1.This one in CMC.
2.-Have a history, at least 2 or 3 years old, this so as not to fall for cheap scams.
3.-If it is listed in the first 10 of CMC better.
4.-That it has gone through at least 1 respectable market scheme, as a stage of accumulation and distribution.
  With these criteria I only apply Wyckoff's theory to be able to analyze the market and voila, I decide if it is worth it or not.

[BuNga_cute]

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 several altcoins that can be used as long-term investments, not all of them have a big risk if we invest, for example Ethereum and Binance, these two coins are still categorized as altcoins, but actually these coins look quite good on the market and the possibility of long-term investment is also suitable for both coins, now both coins have reached their perfect value and trend in the market.

Bitcoin does make the most sense for a long term investment, so it is not surprising that many institutions finally decide to invest in Bitcoin
in the long term. While altcoins can be said to be risky, because most of the altcoins in circulation are just copycats from previous projects,
so a lot of altcoins in circulation become shitcoins in the end. Caution should be taken when choosing altcoins for investment, but that doesn't
mean there aren't good altcoins for long-term investments. Usually top altcoins make more sense for long term investments, because top altcoins
have strong fundamentals, that makes coins which are included in the top altcoins in popularity and demand continue to rise. That's what makes
the price of top altcoins continue to rise following the price of Bitcoin. I agree that ETH and BNB are top altcoins which are very worthy for
long term investment, we can see the performance of ETH and BNB this year shows a continuous increase. So many big investors finally decided
to invest in ETH and BNB in ​​the long term.

[Donald@_]

it depend on which coin you invest

[shawon01]

I think the alert coin is not acting and reasonable for a long time. It's probably not a project because it doesn't last as long as we expect it to.
The qualification of alotcoin at which a good project will be cut for you and kept for a long time now I own a bald area in an effective area and did not disappoint me

[darmin]

Investment in the long term can minimize the risk of loss. At least just need to hold back and not panic too much to sell as in daily trading. Especially if the altcoin chosen has a good team and project for the crypto industry. Of course, this will be a profitable altcoin for long-term investment. Ethereum, Cardano, BNB could be reasonable options to have.

[Hobo66]

Actually cryptocurrency is unpredictable. There is no assurance of obtaining benefit or loss of money. I think that it is related with the type of altcoin. Some time you invest for long term but the price just go higher in few days. Then it depends on you whether you are selling that altcoin or keep it for longer time of period. But there is no guarantee that the price will go higher more than this in next days. The altcoin for long term investment is Ethereum. It is consider as really good for long term investment.

[Mpamaegbu]

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?

Everything in investment comes with risk, including Bitcoin. The only difference is that a lot of people have come to trust Bitcoin more than alts. It's not as if Bitcoin hasn't wiped some people's investments off by way of liquidation when it dips (which is often very volatile) but it's because diamond hands have refused to go away. These hands have continued to hodl and support Bitcoin through thick and thin. Nevertheless, there are alts also which have stood the test of time like Bitcoin and have been doing well on long term investment. ETH, BNB, Solana (just to mention but three) are worthy examples of alts on long term doing fantastically well in the market. The caveat for every investor should be to DYOR before going in, whether for a short or long term.

[Hobo66]

Yes investing in altcoin for the long term is a wise decision. You are aware that cryptocurrency is fraught with dangers, so a long term investment can outweigh the risk of losing money. Altcoins can be used to make long term investments. Since there were so many people that invested in altcoins a short time ago. They are presently profitable because there price has risen especially in recent years.

[Woodie]

I think for tokens that have been bought right from a token sale(  ICO or IEO) i think long term holding is the way to go because sometimes price actually drops way below its initial price and recovery takes quite a while to get back, so before all this happens we have to be ready to hodl for a while , and when price is back where it all started then we reset our timers for the x100 or x1000 target gains which are the usual targets for altcoins.