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Author Topic: How reasonable is the long-term investment in Altcoins?  (Read 2430 times)
E-wallet.io
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December 01, 2021, 08:44:36 PM
 #201


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

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.

There are lot of NFT created. But nobody knows which NFT will raise which will not raise.
Now NFT is a trend but the question is how long the NFT trend will last?
What it will be when NFT trends will finish?
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December 02, 2021, 01:43:22 PM
 #202


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

There are lot of NFT created. But nobody knows which NFT will raise which will not raise.
Now NFT is a trend but the question is how long the NFT trend will last?
What it will be when NFT trends will finish?

Many people buy NFT hoping for their price grow. But now nobody knows from what the price of NFT depends, why NFT growth in price and how long such growth will continue.
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December 03, 2021, 04:13:55 AM
 #203

Here I think there is a different option of doing altcoin from there depending on some sorted altcoin coins which can be based on some hype and to solve some problems.
There are a lot of coins here that I think are very expensive
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December 03, 2021, 06:41:04 AM
 #204

For now many investors who invest long-term with bitcoin because every year bitcoin always increases, but we can also invest in potential altcoins for the long term and there we can also get a big profit, although the risk of investing in altcoins is greater but it depends on the coins we hold, then it makes sense if we invest in the long term in some potential altcoins.

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December 03, 2021, 06:59:27 AM
 #205

Each coin has a different cauldron. Some are even for the long term there are also those made just for duplication in order to replicate a once successful project and try to take advantage of people's investments. Developers will run away after one hype.

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December 03, 2021, 08:05:25 AM
 #206

It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..
Only TRON and MATIC are suitable for long-term choices, while for Shiba Inu I personally still very much doubt it even though big pumps have come for Shiba Inu this year, but you have to be aware that it happened because of Hype and memecoin trend that is sticking out.

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December 03, 2021, 08:06:50 AM
 #207

From my point of view, if a person dont like to spend a lot of time doing research, calculating something, making difficult predictions, or simply dont have experience of doing anything like that, then a cheap meme alts on BSC network long-term investment can be a solution. A person just need to decide what amount of money he is able to lose, find as cheap as possible meme alts, buy each for a couple of dollars, instantly make sell orders with x10-x50 price and just wait.

 
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December 03, 2021, 01:39:19 PM
 #208

Cryptocurrency is a type of investment that is very risky, both in the short and long term, due to the highly volatile nature of cryptocurrency. If an investor wants to invest in long-term altcoin, he must understand well that the chosen altcoin as a condition for investing will be successful or not.
It's a bit hard to say how reasonable long-term investing in Altcoins is, So investors must also be prepared to lose.

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December 03, 2021, 08:19:02 PM
 #209


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

There are lot of NFT created. But nobody knows which NFT will raise which will not raise.
Now NFT is a trend but the question is how long the NFT trend will last?
What it will be when NFT trends will finish?

Many people buy NFT hoping for their price grow. But now nobody knows from what the price of NFT depends, why NFT growth in price and how long such growth will continue.
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December 04, 2021, 08:58:22 PM
 #210

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
Long term in altcoin is kinda risky compared to Bitcoin in my opinion. Where Bitcoin is to be much expected you will get more profit than altcoin, especially if you don't know know what altcoin you are going to invest. Sure if you want to do long term investment altcoin with Ethereum and other good altcoins but for some random shitcoins, then it's recommended to avoid it.

I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?
Again, it depends on what coins are you going to choose and the capability of each user.

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December 05, 2021, 04:06:29 AM
 #211

Investing in altcoins that clearly have good prospects like SOL, ETH, BNB is a wise investment in my opinion. Especially if we don't have enough funds for btc investment, altcoins are the best choice.
It should be underlined, do not invest long-term in altcoins that do not have clear prospects and market power. It is better to use altcoins that do not yet have strong market power for trading, not for long-term investment

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December 05, 2021, 03:59:31 PM
 #212


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

NFT now is a very modern trend. NFT are sold for very big prices and such big prices attract a lot of attention of users.
The prices of NFT are really high ant it attracts a lot of attention.

Cryptocurrency industry constantly developing. That is why new opportunities appear. They allow to earn more money using cryptocurrency and price of cryptocurrency raise.

NFT is a new opportunity that allows to earn even more money. That is why NFT so popular now.
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December 05, 2021, 04:19:57 PM
 #213

Its all almost the mastery in determination of coins which altcoins you need to contribute. On the off chance that you depend in any unused ventures within the showcase of course its exceptionally unsafe and you do not know in case it can truly ensure a nourishment return after all, but in case you choose those beat altcoins within the advertise, well maybe you'll guarantee that they're sensible as well like bitcoin.In fact numerous speculators as of now knew how genuine a few of the alts ventures within the showcase particularly when it comes long term, so must make inquire about so that you simply have data which oftenly part of game for long run.

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December 06, 2021, 05:05:56 PM
 #214

It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..

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December 06, 2021, 09:46:00 PM
 #215


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

Cryptocurrency industry constantly developing. That is why new opportunities appear. They allow to earn more money using cryptocurrency and price of cryptocurrency raise.

NFT is a new opportunity that allows to earn even more money. That is why NFT so popular now.

Many people use Bitcoin for long-term investments. But Bitcoin is overvalued.
Now many people are looking for new and prospective projects to earn more profit on them on the raise of the market.
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December 06, 2021, 09:55:19 PM
 #216

It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..
matic maybe suitable for long term investment but I don't agree with shiba suitable for long term investment ! although in the future no one knows what the price growth of shiba will be like but in my personal opinion it is a coin that is only for gambling or for fun not recommend

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December 07, 2021, 07:54:00 AM
 #217

It all depends on how you choose the coins to invest in, if you choose a good altcoin with clear prospects and real use cases, you will get a lot of profit. In my opinion, for other coins such as Matic, Shiba, Tron and others, I think they are suitable for long-term investments. have a nice and useful day..
matic maybe suitable for long term investment but I don't agree with shiba suitable for long term investment ! although in the future no one knows what the price growth of shiba will be like but in my personal opinion it is a coin that is only for gambling or for fun not recommend

yes, this is in your opinion and it's up to you to give feedback about shiba inu!. if today the shiba inu community is growing very rapidly and many people are holding shiba inu in their wallets to be used as future assets then it is very possible in my opinion the growth of shiba will be better than now, i see it from the shiba community today.

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Gudhal Untu
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December 07, 2021, 09:19:47 AM
 #218

The reason of course is that I want to get big profits, I hope the performance of the crypto that I hold can continue to skyrocket so that I can get big profits, now I invest some coins and I use them for staking so that I get 2 benefits, namely the results of staking and hoping the price will continue to rise.
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December 07, 2021, 09:34:27 AM
 #219

It really depends on which altcoins. I think most altcoins will ''die'' in a way, if not completely unlisted, then just remaining low with barely any activity.

But some might really have a good future. If crypto can ever get a stable piece of the 700 trillion derivitaves market, surely some of these altcoins will be able to benefit.

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December 07, 2021, 09:56:10 AM
 #220

The long term here in my opinion cannot be determined by how long it takes. But how strongly do you hold back until the target is reached. Usually cryptocurrencies will pump or dump at a certain time. However, other times some even reach ath. That's our target. Maybe if it's expected to be more than a year.

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