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Author Topic: How reasonable is the long-term investment in Altcoins?  (Read 2428 times)
judaspriest
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February 15, 2022, 10:36:26 PM
 #361

I agree with you long-term investing in altcoins is risky but not entirely true there are also good altcoins to hold in the long term,
In my opinion, good altcoins to hold in the long term, namely eth and bnb, these altcoins have proven to be good and continue to increase every year.
The two altcoins have indeed been good for a long time so almost everyone chooses them for long-term goals through their investments now, so there is no need to hesitate even though there are still risks because any choice in cryptocurrency is always tied with risk.
Ethereum and BNB also rank at the top of Coinmarketcap so there is no need to hesitate if you want to invest long term in both coins,
with long-term investment it seems more profitable,
what is clear is that the two coins are very feasible and safe for investment

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February 16, 2022, 02:56:57 AM
 #362

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. Now from altcoin expecting profit kike Bitcoin is totally waste if time. Short term profit is more profitable. Imagine solona or Axie Coin reached 200$+ in bullish cycle and now sol trading at the price 100$ while Axie 65$.
Short term profit is more profitable becuase real  profit is that which booked while only up down in your wallet is not called profit booking.









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sushil
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February 16, 2022, 02:59:41 AM
 #363

Investing means preparing for the future.  Huh
Capital, expertise in trading, and a thorough understanding of risk
Psychology

Regardless matter whether we're talking about profit or loss, each instrument has its unique set of circumstances.
In the end, it's up to you.
1. Low pricing for altcoins
Short-term investments in cryptocurrencies like bitcoin and altcoins should be made only if the price rises a few pennies (growth in assets by hundreds of percent of the total altcoin capital).
Although we cannot guarantee that currencies with other fundamentals will likewise be delisted from Dex and the market.

There's no denying that Bitcoin is pricey per chip, but we can acquire it by multiplying its value by our capital, which means we can retail it. Of course, the coins have solid fundamentals and other popular ones don't guarantee they will be safe.
I pick a coin with solid fundamentals, even if it's a little risky, if the price is low 
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February 17, 2022, 01:47:20 PM
 #364

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 absolutely agree with you. Historical data of Coinmarketcap also proves this statistically. Data for 2013: https://coinmarketcap.com/historical/20130519/
Only Litecoin survived. Others have disappeared. Very bad news for long-term investors of the coins in this table... Data for 2015: https://coinmarketcap.com/historical/20150111/ On the other hand, it is an indisputable fact that the right projects make good profits. Projects such as Litecoin, Doge, XLM have made good gains for early investors.

I think it's a risky investment. Making the right investment is not easy. A quick profit and exit is a better option.

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February 18, 2022, 11:48:19 PM
 #365

I trust in top Altcoins as they are maintaining a good spot in the market so trust is there with top coins. Not Altcoins are good to hold for the long term. Yes, I also feel that holding altcoins for the long term is risky so always set the target but there are some exceptions also. We all see the market in a different way and everyone has a different opinion on this but I believe holding Ethereum and BNB for the long term is an ideal idea otherwise I also believe in holding altcoins for the short term.

I agree with you, I have only come across a couple of posts from 'people who say they trust new and nascent projects, which seem to me to be high risk, however at the moment ETH and BNB are usually two currencies that They react very quickly to BTC changes, but there are two more coins that I see potential and I think they can make a big bullish jump when BTC recovers and makes a bullish trend, and these coins are Solana and Matic, which which is a great time to buy, I see these coins at least x2 or x3 when BTC becomes bullish.

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February 19, 2022, 01:04:44 AM
 #366

i think, i do not agree with your opinion. all types of coins have risks including bitcoin.

indeed, most altcoins are not suitable for long-term investment, but don't say all types of altcoins. not all altcoins are bad for long term investment, some of them are very good even more profitable than bitcoin like ethereum and bnb.
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February 19, 2022, 04:36:54 PM
 #367

Yes, I'm on the side of agreeing to short term investments in Alts options. I think not all alts are credible and good for long term hold, the problems in them are sometimes so complex and can make their project stop any time and result in a scam on the project. Unlike Bitcoin, which is independent and moves independently and guarantees significant growth every year.
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February 27, 2022, 07:30:43 PM
 #368

Yes, I'm on the side of agreeing to short term investments in Alts options. I think not all alts are credible and good for long term hold, the problems in them are sometimes so complex and can make their project stop any time and result in a scam on the project. Unlike Bitcoin, which is independent and moves independently and guarantees significant growth every year.
But you must be very careful with short-term investments, more so when it comes to alts, because if BTC continues to fall it is likely that it could have a greater decline and investment in alt can be given as a possible long-term if you want. recover the investment and make a profit, because it is possible that the BTC will take time to rise and achieve a bullish rally, in addition to the fact that it has been seen that many investors are buying altcoins at the moment because they are cheap and represent a great opportunity.

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