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Author Topic: How reasonable is the long-term investment in Altcoins?  (Read 2383 times)
tsaroz
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November 24, 2021, 02:12:26 PM
 #181

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 we would see the price movement of popular coins like bitcoin and Ethereum, we could see crypto is the real winner in long term. But with increasing competition and diversity of function and use, it would be much difficult to predict which coins would give you good profit in long term. Bitcoin and Ethereum could be a safe bet but overall selecting a number of promising coins is ought to be profitable in long run. But as there are much sharp fluctuations in price in crypto, a short term trading and investing could be folds more profit than just holding.

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November 26, 2021, 06:58:16 PM
 #182

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 disagree with your opinion. because everything in cryptocurrencies has risks. bitcoin and altcoins have the same risk. although bitcoin has proven that every year bitcoin is able to increase its price. but there are some altcoins that also follow the movement of bitcoin on the market exchange. I give an example like DOGECOIN.

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November 26, 2021, 08:05:38 PM
 #183

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 disagree with your opinion. because everything in cryptocurrencies has risks. bitcoin and altcoins have the same risk. although bitcoin has proven that every year bitcoin is able to increase its price. but there are some altcoins that also follow the movement of bitcoin on the market exchange. I give an example like DOGECOIN.

They both possess the same risk, whether you invest for long term or short term, the main outcome is only dictated by how you manage your investments.  With knowledge and skills in trading, that will minimize the risk and increase the chance of success, so that's the thing you need to improve as an investor so you'll become successful in investing.

Some investors need time to learn how to invest profitably, their experiences are very vital and they always reflect to learn from them.

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November 26, 2021, 08:17:13 PM
 #184

It is important to choose the right altcoins for your investment. It takes knowledge and intuition. But if you've guessed right, then your choice will reward you many times over. I invest in altcoins and believe in succes.
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November 26, 2021, 08:38:48 PM
 #185

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 disagree with your opinion. because everything in cryptocurrencies has risks. bitcoin and altcoins have the same risk. although bitcoin has proven that every year bitcoin is able to increase its price. but there are some altcoins that also follow the movement of bitcoin on the market exchange. I give an example like DOGECOIN.

They both possess the same risk, whether you invest for long term or short term, the main outcome is only dictated by how you manage your investments.  With knowledge and skills in trading, that will minimize the risk and increase the chance of success, so that's the thing you need to improve as an investor so you'll become successful in investing.

Some investors need time to learn how to invest profitably, their experiences are very vital and they always reflect to learn from them.

@Muslimin, Where there is no risk? Is it risk-free if you deposit fiat money in the bank? Inflation is happening every year, commodity prices are rising, money is depreciating. Investing in Bitcoin is one of the least risky investments and is known as a safe haven asset to invest in the long term.

@Natalim, For doing crypto trading you must have proper knowledge about trading indicators and risk management. But in the case of long-term holding, there is no need for you to be aware of trading skills. Anyone can hold Bitcoin for long term, the minimum skill is good enough for hodling, just patience is the main thing in this case.

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November 26, 2021, 10:36:43 PM
 #186

It depends on the potential offered by the altcoin itself, because not a few altcoins also provide long-term benefits. it's just that analyzing their existence is hard to find. Due to competition and following the movement of the rising price of Bitcoin. If you look at Luna and the projects that have been launched, it's quite reassuring, especially Solana, of course, everyone already knows about her prospects for this one year.

Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73
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November 27, 2021, 09:53:39 AM
 #187

It is up to you to invest in alt coin. But long term alt coin I prefer. You may have noticed that all the 1 to 100 coins currently in the coin marketcap were initially available in the market at a very nominal price, but now their value has increased. And gradually people's confidence is growing and all these projects are slowly gaining strength. So there are a lot of other things that we can get at a very small price right now, so by finding such good projects we can make a long term investment in it and get a good profit so I suggest you to make a long term investment in this.

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November 27, 2021, 02:00:56 PM
 #188

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.


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November 27, 2021, 02:10:30 PM
 #189

There's no doubt that short term trading is more lucrative, if one is able to trade and earn maximally but that is faced with a huge amount of risks. Long term investment could be the best especially for altcoin like ethereum, bnb, etc
These are projects with great use case and has a large community who are supportive and committed to the success of the project.
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November 28, 2021, 07:24:32 AM
 #190

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.
I think it is a good place to invest because it is a promising project,
of course it depends on each person's research but if you see that it is an official sponsor of the UFC it will most likely be big in the future,
and we'll see what happens next

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November 28, 2021, 09:22:05 AM
 #191

No I don't agree with u on this, there are many altcoins which are worth investing for long term, yah am talking  from experience, investing in fundamental coins is very beneficial in the long run.

Take the L1 coins for instance, coins like solana, BNB, $Near are all doing fine in the long run, immediately people get know about their importance boom  there go parabolic. And presently there is a new trend of altcoins which is the meta verse tokens, we can see coins like AXS, sand, PYR are all doing very well and for the long run they will keep yielding more profit for investors.
 Play to earn games are really doing good, and my new catch is Hash Rush.

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November 28, 2021, 10:04:53 AM
 #192

I totally agree with you, long-term investment in altcoins is very high risk, I said and I have proven in 2018 until now, short-term investments are very profitable in altcoins.

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November 28, 2021, 11:55:42 AM
 #193

Ethereum gave me a promising long-term investment, but as far as I can see, it seems to be that Bitcoin is still a worthy investment in the long run, they are called altcoins for a reason but I'm willing to continue investing in coins at their early stages, keep in mind that some of these coins will for sure be worthy to invest on, for the long run? I don't know, but I'm sure that at least one of the coins I've invested on, will be worthy for a long-term investment.
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November 28, 2021, 04:37:04 PM
 #194

Investing in alt coin means you have to be very careful. Because if you think about investing in it for a long time, you have to choose the best alt coin, because it has a wide range, and because of that if you like it. If you make a mistake, you will not get the right return. Which one you choose to invest in is also important. If you are investing in someone new then their team is their future plan. Thinking about all this, what is the concept of the project, you should invest considering this.

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November 28, 2021, 09:17:03 PM
 #195

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.
I agree with your choice, considering that this summer Crypto.com also partnered with the Formula-1 Racing Series for a total of $100 million. In my opinion, the tokens of some crypto exchanges are a worthy investment for the long term.
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November 29, 2021, 09:32:06 PM
 #196


Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73

Gaming industry is very big and prospective industry with a lot of users. It is growing fast. That is why many cryptocurrency projects offer a products on blockchain.

NFT is now actively used in gaming. They attract a lot of attention and allows to earn more money. That is why NFT in gaming is very popular.
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November 30, 2021, 03:55:38 AM
 #197

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.
I agree with your choice, considering that this summer Crypto.com also partnered with the Formula-1 Racing Series for a total of $100 million. In my opinion, the tokens of some crypto exchanges are a worthy investment for the long term.

And they also own the name of Lakers homecourt (staple center) little by littlecrypto.com is moving upwards,
unlike with other hype coins where the pumpe is instant then expected dump come right after, the business
was plan carefully they use a lot of money for advertising and for sure it will generate income in the nearest future.

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November 30, 2021, 06:06:15 AM
 #198

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?

In my opinion, a risky investment is if investors are not careful when choosing their investments!, for example investing in crypto, not all of them have a greater risk if we are able to read the opportunities to win. the point is, whatever altcoin you choose to invest in, you need to pay attention to the roadmap of the altcoin and the team and look at the use of the altcoin, if the altcoin has many uses for the future then you can only determine the investment pattern, whether by using long-term or long-term short. thus I think every investor will win their investment with big profit.

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November 30, 2021, 05:56:57 PM
 #199

Want to know more about Altcoins?

You can check out these videos
Altcoins & Shitcoins - https://youtu.be/txP3n9wKmgE & https://youtu.be/Kb5jU1TGFEY
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November 30, 2021, 06:36:36 PM
 #200

The purpose of long-term hold is to get big profits, good projects of course take time to skyrocket so with long-term hold we have the opportunity to get big profits, if you have big money then invest in crypto.com (monaco card), this is a big company that is the official sponsor of the UFC so that CRO will skyrocket if we hold it long term.
I agree with your choice, considering that this summer Crypto.com also partnered with the Formula-1 Racing Series for a total of $100 million. In my opinion, the tokens of some crypto exchanges are a worthy investment for the long term.

And they also own the name of Lakers homecourt (staple center) little by littlecrypto.com is moving upwards,
unlike with other hype coins where the pumpe is instant then expected dump come right after, the business
was plan carefully they use a lot of money for advertising and for sure it will generate income in the nearest future.
As soon as we talked about the prospects for the growth of Crypto.com , the price of their token immediately dropped. Perhaps this is pure coincidence and a temporary phenomenon, however, it always happens after the market "forecasts" expressed aloud. Grin
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