How reasonable is the long-term investment in Altcoins?

[judaspriest]

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.

Taking profits can be done from anywhere, whether investing or staking,
it all comes back to each person's preference,
talking about long-term investments, of course the best choice in my opinion falls on the top altcoins

[jeungo]

I do not see the possibility and understanding of long-term investment in such assets, only short positions can give real profit, in the long run it is very difficult to understand which project will give real growth, because any negative informational reason can drop growth, and turn profit into loss.

[Violetta87]

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

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.

I agree that bitcoin is the most popular cryptocurrency for investment. A lot of tools for bitcoin investment appear now and there is a big demand in them.
But also there are Ethereum, BNB and other popular for investment coins that there are in big demand.

[Uang_kartal]

Investment is readiness

• Capital,
• Trading knowledge,
• Risk management
• Psychology
  
  Speaking of profit or loss, each instrument has its own scenario
  whether bitcoin or alt coin we record assets with flexible decimal numbers to buy.
  
  Which one do you choose?
  1. Altcoin Low priceswhen rising a few cents can get a windfall (increase in assets hundreds of % of altcoin capital) when losses can occur rugpul, micin coins / altcoins are more recommended short term. )
  although we also can't guarantee that coins with other fundamentals can also be de-listed from Dex and the market.
  
  2.Bitcoin is indeed expensive for each chip, but we can buy it according to the decimal times the capital, which means it can be retailed, of course the coins have strong fundamentals and other popular ones also don't guarantee it will be safer (it won't be too long if the analysis is correct).
  
  I choose a coin that has strong fundamentals even though it's a little at least not too much risk if the price is cheap (cutlos)
  
  Any reason to start choosing between bitcoin or altcoins?
  Long term or short?

[Iminingpro]

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

I agree that bitcoin is the most popular cryptocurrency for investment. A lot of tools for bitcoin investment appear now and there is a big demand in them.
But also there are Ethereum, BNB and other popular for investment coins that there are in big demand.

It is very important to evaluate the future potential of the coin to understand how useful the coin will be in the future.
The coin must be in demand and used to grow in price.
If a project offers a useful product people will use it and its coin or token will be in demand.

[Bollexz1]

It depends on the movement of that certain coin on the market, some tokens quickly rise while some takes time to yield. To my own candid advice, taking profits at the expense the value goes up is the best moment, either in short or long term period.

[bblack234]

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

It is very important to evaluate the future potential of the coin to understand how useful the coin will be in the future.
The coin must be in demand and used to grow in price.
If a project offers a useful product people will use it and its coin or token will be in demand.

Articles in the medium allow understanding the idea of the project better to evaluate its future potential.
Active development of the projects attracts a lot of attention of investors and makes projects more popular.

[Fivestar4everMVP]

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?

Yes, I agree with you, long term investment in bitcoin, Ethereum and other major crypto currencies are much safer than long term investment in random altcoins, though finding good altcoins and investing in them for short term is most times more profitable than investing in bitcoin or Ethereum for that same time frame.
But also, sometimes, we can be very lucky to find good altcoins to invest in for long term, but one has to monitor such investment closely as possible.

[liqidoxgen]

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?

Since 2017, I have been constantly buying Ethereum, even during the bear market, and to the present, I do not think that I did something wrong. For a long hold, you just need to make the right choice.

[tulsathrowaway777]

People always want to make easy money. The fact that Sin City (SIN) allows you to earn money for gaming just doesn’t leave any other possibilities but to grow up in the near future

[kleMaGRiG]

Dexsport is a platform that provides unique opportunities for players who want to bet, and be rest assured that their payouts for winning won’t be delayed or conspicuously taken away.

[geegaw]

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?

Since 2017, I have been constantly buying Ethereum, even during the bear market, and to the present, I do not think that I did something wrong. For a long hold, you just need to make the right choice.

Based on your presentation, the long term view of altcoins should also be different, should not be too dry and just assume bitcoin is everything to the market and us, to be able to rise to the top position as today, except for the potential, the initial communication with altcoins as well as the mutual complementarity is also undeniable with bitcoin. Ethereum and BNB, most recently Sol and many other ecosystems, they are not just a group of flowers that bloom in the short term, they are the flowers that bloom in the long term as long as we try to cultivate and be patient, altcoins have made great progress and will no longer stagnate like in the past

[Kadal Ijo]

Usually good projects always take time to complete their mission, and I like to invest in new listed coins because the potential for skyrocketing is very large, besides that I also use the tools on the chart to be able to determine which coins are worth making long-term investments.

[Alisha FR]

this should look back on market conditions, if short term investment can be profitable i agree with you. But if there is a decline in whether to sell it and take a loss? I think this needs to be reconsidered, I choose short term investments if the market is profitable, but when there is a downturn then I hold it. Or we have to make a profit target, if it has been achieved then we immediately take it.

[Mahanton]

I wonder how YAY Games is gaining popularity so rapidly. Not long ago nobody had even heard about YAY Games and now its 24-hour trading volume reaches more than 1M dollars

Either a fake pump or simply they do get such recognition or attraction into  the market because having such increase would be most likely have that reason.
So if you decided to make  investment then do some research and mind off  if this one would  really be that for long term basis or would really be just good
for short term ones.You couldnt really  tell because once interest and demand would be there  then it would might stay for a while.

[chaser15]

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?

Being profitable can be achieved both by long-term or short-term investment.

Bitcoin for example is a long-term investment but it doesn't mean you have to hold for long. It's not what it meant. On the way, you should sell also your Bitcoin and regain back some during a dip. That's the long-term investment they are referring meaning you actively trading that coin for a long and sticking with that as it was profitable to do so.

The same will be applied to those good altcoins that already prove worthy to invest in the long run.

[Marcorey]

Any investment has risks, but for encryption, whether it is Bitcoin or altcoins, the risk is much higher. Generally speaking, the initial price of altcoins is low, and short-term investments will make good profits. If they are held for a long time, they may plummet and cause economic losses. Whether it is long-term or short-term, it depends on the currency you choose to invest in.

[Uang_kartal]

People always want to make easy money. The fact that Sin City (SIN) allows you to earn money for gaming just doesn’t leave any other possibilities but to grow up in the near future

Can you provide a link to the website? let me visit and understand. is this a metaverse coin, shitcoin, NFT or what?

we are discussing altcoins/bitcoins (types of security) and the reasons why, rarely long or short
,Can you explain the features of the project you mean?

[nikita2020]

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

Many people do not understand the cryptocurrency technology and articles in medium allows to understand better the technology and the main idea of the project.
They help to know about every stap of the development of the project and understands it future potential.

If people want to earn money on cryptocurrency, DeFi and NFT they must earn the technology and understand how it work.
Only in such case it is possible to stable earn money on the cryptocurrency market.

[LUCKMCFLY]

In the long term it is very difficult to maintain an investment, mainly if we base that long-term investments are safe in stocks or safe currencies, in this case there is only one infallible strategy, which is to buy any currency and wait for BTC to start with the bullish trend, because when starting with a bullish trend it is normal for all currencies to start to rise, and this is due to the dependence of BTC on any altcoin.

That is why the only safe investment that will never give losses is BTC, BTC represents the toughest action in the Crypto market and also is the only currency that has a life of its own.