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Author Topic: How reasonable is the long-term investment in Altcoins?  (Read 2383 times)
iv4n
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December 15, 2021, 06:19:06 PM
 #261

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?

Don't let others tell you is it reasonable to hold some alt... maybe people forgot, but Bitcoin was on that side as well! Invest in alt you think it's good, that has something to offer! Of course, knowing the team behind and following the development of the project is advisable! When I got into crypto Ethereum was 15 cents, more or less, and on many places, including this forum, we could see how it's one big scam, and look where it's now! So the bottom line is simple, if you trust yourself you should trust the decisions you made when you invested in alts!

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yeamin.rsl
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December 15, 2021, 10:07:08 PM
 #262

I think for long-term investment in altcoins is profitable if you can put your money to the right coins like Ethereum,BNB or other solid projects.
For example I bought some waves three years ago and look at the price of waves now, i made good profit from waves.
But i also put some money in some new coins and now those coins are dead and i lost that investment.
So it's important where you are putting your investment.
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December 15, 2021, 11:28:20 PM
 #263

All altcoins come with new ideas and products, there is no harm in investing in altcoins because some altcoins have good fundamentals, if you choose memecoins / new coins created just for fun, then you need to spend a lot of time watching the development of the project because many memecoins have done Rugpull

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December 15, 2021, 11:40:28 PM
 #264

I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

Our profit depends on how we manage it. Why point it on coin being on long-term or short-term? Even a coin is profitable enough, without our best way of managing our portfolio, the result will only lead to losing. Even you only choose Bitcoin, without a good strategy, you will still end up losing. The point here is, long-term or short-term, regardless of the coin, make sure you will do everything to make it profitable to you.

It's already clear enough that Bitcoin or altcoins like ETH, BNB, etc are worth it for long-term investment. But to make it worth it, it all depends on our actions.

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nurulhmani1280wat
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December 16, 2021, 01:18:00 AM
 #265

there are several altcoins in the crypto market how do we know from the projects we can invest in long term, and how good the movement is, i just choose like ethereum, bnb and ADA i think they make sense to keep these coins for investment, they are old projects that has been tested and able to survive when bearish comes.

I only use Dogecoin, shiba and Avax for short term investments because the risks are very high.

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Crypto-Ivan
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December 16, 2021, 02:16:26 AM
 #266

Any investment has risks, but cryptocurrency investment risks will be greater. The crypto market is very volatile, and you can choose some good altcoins with clear prospects to invest, and there are still opportunities for profit.
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December 16, 2021, 02:53:10 AM
 #267

Any investment has risks, but cryptocurrency investment risks will be greater. The crypto market is very volatile, and you can choose some good altcoins with clear prospects to invest, and there are still opportunities for profit.

Investment risk in cryptocurrency may varies because there are coins that has no fundamental and some with strong fundamental. Eventhough investing on crypto is still higher compared to other investment instrument but investing on strong fundamental coins like BNB and ETH is quite low risk compared to invest on new crypto projects. In crypto higher risk higher return, so it's the interesting thing about crypto investing, the investors could choose their own risk level about investing.
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December 16, 2021, 04:19:03 AM
 #268

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?
Long term investment is reasonable in bitcoin but altcoins i dont think is a solid reasonable, i know that both is risk when you invest for long term, but in bitcoin the advantages is encouraging indecencies that bitcoin prices interchange during long stays, altcoins have the ability to reduce to zero if it's placed for two years and seven months long stays why bitcoin stays such it is going to have another shape of profit that is difference shape to the origin
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December 16, 2021, 04:51:40 AM
 #269

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 compared to bitcoin, nothing can match it because bitcoin always gives good returns in the short, medium and long term it all depends on who manages it and also takes advantage of the best moments when it is profitable.
and for altcoins it all depends on which coin you choose for the long term and I think the top 10 altcoins can still provide very good returns for the long term depending on your belief and analysis. and for Ethereum and BNB I think it holds promise for the long term.

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Bollexz1
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December 16, 2021, 06:17:41 AM
 #270


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.

The popularity isn't really because of the developed gameplay but due to the certainty of steady income its giving. NFT undoubtedly is one of the top ways to make million bucks in crypto nowadays.

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METASENS
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December 16, 2021, 10:23:40 AM
 #271


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 prefer to invest money in Bitcoin for a long term. The price of Bitcoin continue to raise and such raise attracts a lot of people to Bitcoin and cryptocurrrency.
Many people thing that cryptocurrency market will continue to grow in 2022.
A lot of people use cryptocurrency for investment purposes and they continue to use it in 2022.

Many altcoins grow in price even more that Bitcoin. That is why people are looking for a new and prospective projects for investment.
Bitcoin is overvalued now and it is impossible to earn much on Bitcoin investment.
But if to invest in prospective project at the seed stage of pre-sale it is possible to earn much more money.
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December 16, 2021, 10:42:10 AM
 #272

Many altcoins grow in price even more that Bitcoin. That is why people are looking for a new and prospective projects for investment.

This is only true of the short-term however, during a bull market, like in 2021 or 2017. In the long-term 99.9% of these projects lose their value against Bitcoin, not gain it.
The only reason you don't hear about these projects is because they aren't in the Top 100 anymore and no-one talks about them...

Bitcoin is overvalued now and it is impossible to earn much on Bitcoin investment.

That's ironic as the reason I've been taking satoshi profits for the past 6 months, since investing in altcoins earlier in the year, is because I find many overvalued right now.
I don't think it's impossible to earn much on a Bitcoin investment, as you can trade altcoins in order to stack more satoshis for the long-term Wink
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December 16, 2021, 11:26:12 AM
 #273

Investing in the long term certainly makes a lot of sense for altcoins, because currently there are many potential altcoins that we can rely on for the long term and this has often been done by large investors and has long been in the crypto world, so if you have capital then investing in altcoins such as ethereum, BNB, polkadot and polygon is the right choice then never hesitate with altcoins today.

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December 16, 2021, 11:39:10 AM
 #274

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 agree to the fact that short term investments is more profitable, but that would be for good traders. I know day trading is a risky venture, but for those experts it's an oil well. This is because the volatile nature of the market could give them the opportunity to make profits daily from the market and that can't be equated to the pumps we have once a while.
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December 16, 2021, 01:50:23 PM
 #275

The opportunities for big profits can only be found in cryptocurrencies, this is a good opportunity to become rich, if Elon Musk is able to profit millions of dollars per week by investing cryptocurrencies then we must try to follow Elon Musk's smart steps.
Elon Musk's investment is not only in cryptocurrencies and not all cryptocurrency coins are liked by Elon Musk so you should also pay attention to this because Elon Musk is not an angel that you have to follow continuously.

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December 16, 2021, 02:05:29 PM
 #276

Altcoins can be more profitable in the short term. While searching for gem coin, try not to lose the money you have, I've known many people who lost their capital while saying that I will make quick money in a short time. All of them realized that the project they had invested in was a shit later. Even when investing in altcoin, it is necessary to carefully look at the project, the whitepaper and most importantly its objectives and invest accordingly.

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December 16, 2021, 03:51:29 PM
 #277

I have learned many things in the crypto world and made it my hobby, whatever it is, it will definitely find its own way. gambling, playing metaverse games or as a talented investor looking for loopholes. Of course for me I know the world of crypto money that works if we know how to manage it in every field. back to each other we can achieve it.??

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December 17, 2021, 04:14:52 PM
 #278

I think this kind of investment is the most reasonable, because it is almost impossible to know where the market will go. We can only guess, suggesting to ourselves that we are predicting the price. Regarding the coin hold, I'm definitely for it, because even in a bad situation, good growth can happen! For example, during the recent market downturn, the same NEAR kept its positions and even shot up with a candle, and its holders did not regret that don't sell it under the pressure of the market and the news background!
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December 18, 2021, 03:52:08 AM
 #279

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?

Even in Bitcoin is full of risk dude never forget that, the only difference is that in Bitcoin it was already has a strong community investors for more than 1 decades. But even there is a full of risk in the altcoins I would rather to invest into this one rather in Bitcoin, due to there is a high chances for me to earn huge in the future as long as you choose the right altcoins of course.

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December 18, 2021, 04:09:41 AM
 #280

Altcoins are more profitable if we enter early compared to bitcoin, it's not about whether it's reasonable or not because all have different calculations, for example If you buy BTC you only get a maximum 10-30% profit with a static investment but if you invest in altcoins the profit can reach up to 1000% but with a high risk too. this is why altcoins are so sexy compared with bitcoin

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