LUCKMCFLY
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December 24, 2022, 03:53:12 AM |
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snip~... Buy dip and hodl for a long term so you can able to make huge profit.
Holding for 5 years, 10 years - that is the meaning of long-term. Yet, holding for too long guarantees nothing for a huge profit but for sure, we can get bigger rewards compared to short-term investors. But of course, it really matters the coins we choose to hold because not all of them are worthy, many of them are worthless and just a waste of time. Bitcoin and Ethereum are good coins for the long term. We should not miss the opportunity we have today for this will somehow change someday. snip~... Buy dip and hodl for a long term so you can able to make huge profit.
Holding for 5 years, 10 years - that is the meaning of long-term. Yet, holding for too long guarantees nothing for a huge profit but for sure, we can get bigger rewards compared to short-term investors. But of course, it really matters the coins we choose to hold because not all of them are worthy, many of them are worthless and just a waste of time. Bitcoin and Ethereum are good coins for the long term. We should not miss the opportunity we have today for this will somehow change someday. Well yes, eventually Bitcoin may be the best investment, and ETH may be a not so safe investment, after the mioviemtnos that Buterin did it is something that I did not like at all, that means that he wants to continue being the agent controlled by the market, and in any ecosystem where control or decentralization exists, always for my personal criteria, that is useless, because a person who wants to control everything for me is harmful and Buterin has achieved that, that's why every time someone asks me What is the best investment or what I recommend you buy, I will always say Bitcoin, because for me it is the safest.
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Rigon
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December 24, 2022, 09:33:08 PM Last edit: December 24, 2022, 11:48:04 PM by Rigon |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time converted to shitcoin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money.
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MoonOfLife
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December 24, 2022, 11:18:04 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time sheet is converted to coin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money. For cryptocurrencies, bitcoin is considered the safest option but not the most profitable. It depends on each person's preference, if you like safety, then bitcoin is the choice, but if you want high returns and can accept the risk, then altcoin is the choice. Not everyone should invest in bitcoin, the cryptocurrency market is highly diverse for everyone to choose from according to their preferences.
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AmoreJaz
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December 24, 2022, 11:41:44 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time sheet is converted to coin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money. For cryptocurrencies, bitcoin is considered the safest option but not the most profitable. It depends on each person's preference, if you like safety, then bitcoin is the choice, but if you want high returns and can accept the risk, then altcoin is the choice. Not everyone should invest in bitcoin, the cryptocurrency market is highly diverse for everyone to choose from according to their preferences. my take on this - though btc may not be profitable as compared to other alts, but with btc, you are sure that this top currency won't disappear without a warning. most new alts can easily be dumped by their respective devs. yes, you may gain huge if you entered and exited at the right time, but who knows when such timings will happen? only those coin owners or developers. this is why they are the ones pocketing their profits with their creations. better be sure with your investments rather than gamble with these new alts.
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NicNacCoin
Sr. Member
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December 24, 2022, 11:58:33 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time sheet is converted to coin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money. For cryptocurrencies, bitcoin is considered the safest option but not the most profitable. It depends on each person's preference, if you like safety, then bitcoin is the choice, but if you want high returns and can accept the risk, then altcoin is the choice. Not everyone should invest in bitcoin, the cryptocurrency market is highly diverse for everyone to choose from according to their preferences. People never want to take risks. They always want a safe haven. I have also seen many people become completely destitute by investing in ALT coins. Even though investing in Bitcoin is not very profitable according to you, but investing in Bitcoin is very reliable. At present the market is dumping a lot, those who have invested from the high level market have the possibility of recovery even if they have to wait for a long time. But those who invested in some altcoins at the high end of the market and suffered losses in this dumping market are unlikely to recover later. So although investment in Bitcoin is less profitable, Bitcoin investment is very reliable.
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TheUltraElite
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So anyway, I applied as a merit source :)
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December 25, 2022, 05:15:55 AM |
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People never want to take risks. They always want a safe haven. I have also seen many people become completely destitute by investing in ALT coins. That is why they want a "safer" haven and that is bitcoin>altcoins. Even though investing in Bitcoin is not very profitable according to you, but investing in Bitcoin is very reliable. As compared to altcoins, yes. There are other uncertainties in bitcoin too like buying price, government crackdown, exchanges getting hacked and all. Still we can be assured that the support of bitcoin being large we will not sure rock bottom prices before buying starts. But those who invested in some altcoins at the high end of the market and suffered losses in this dumping market are unlikely to recover later. Not everyone understands this and they hope for big gains while the coin is hyped and then lament about losses in the bear market.
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xSkylarx
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December 25, 2022, 10:16:00 AM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time sheet is converted to coin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money. For cryptocurrencies, bitcoin is considered the safest option but not the most profitable. It depends on each person's preference, if you like safety, then bitcoin is the choice, but if you want high returns and can accept the risk, then altcoin is the choice. Not everyone should invest in bitcoin, the cryptocurrency market is highly diverse for everyone to choose from according to their preferences. I don't see where the safest point is in Bitcoin, as it is highly volatile and a lot of people can lose money in just a night. Once you invest in it, it has a high risk and a high return. I don't know what coins are going to mean, but if you look at bitcoin in the previous years, you'll see that the price of bitcoin keeps increasing over time and that it is also becoming more difficult to own one as the price is higher than in previous years. Altcoin is also a good investment, but again, it is volatile, and we are not sure which coin has a chance to get into ATH as the price of it is mostly dependent on bitcoin or ETH.
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Cling18
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December 25, 2022, 02:37:05 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time sheet is converted to coin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money. For cryptocurrencies, bitcoin is considered the safest option but not the most profitable. It depends on each person's preference, if you like safety, then bitcoin is the choice, but if you want high returns and can accept the risk, then altcoin is the choice. Not everyone should invest in bitcoin, the cryptocurrency market is highly diverse for everyone to choose from according to their preferences. I don't see where the safest point is in Bitcoin, as it is highly volatile and a lot of people can lose money in just a night. Once you invest in it, it has a high risk and a high return. I don't know what coins are going to mean, but if you look at bitcoin in the previous years, you'll see that the price of bitcoin keeps increasing over time and that it is also becoming more difficult to own one as the price is higher than in previous years. Altcoin is also a good investment, but again, it is volatile, and we are not sure which coin has a chance to get into ATH as the price of it is mostly dependent on bitcoin or ETH. When it comes to long-term investment, Bitcoin will always be the best option. You don't have to apply any complex strategy but rather just buy during the dip and sell when the market recovers or when we reach our targer profit. Aside from Bitcoin, well-established coins like ETH and BNB are also good choices. It's risky to buy non-established altcoins if our purpose is a long-term investment because some altcoins are just profitable in a short-term run.
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Fondarchand
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December 25, 2022, 03:06:02 PM |
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Invest according to your fund and do not invest too much in just a single coin as you know that whenever the situation become against your your thoughts then it is alarming for you to get rid of your money. Just make a plan and invest accordingly, put cash in more than a single coin. Buy during this down market and keep holding for several months then it will improve your success.
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MoonOfLife
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December 25, 2022, 03:34:26 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Bitcoin is the best currency to invest in. If you are a long term investor then you must invest in Bitcoin. There are many altcoins once they go down from the market they can never go back to that position again. And one time sheet is converted to coin. People invest in all these coins.becomes and demoralizes their investment. So investing should always be done with good thinking. Now is the best time to invest. Right now if you can invest in bitcoin and hold long term you can make a lot of money. For cryptocurrencies, bitcoin is considered the safest option but not the most profitable. It depends on each person's preference, if you like safety, then bitcoin is the choice, but if you want high returns and can accept the risk, then altcoin is the choice. Not everyone should invest in bitcoin, the cryptocurrency market is highly diverse for everyone to choose from according to their preferences. my take on this - though btc may not be profitable as compared to other alts, but with btc, you are sure that this top currency won't disappear without a warning. most new alts can easily be dumped by their respective devs. yes, you may gain huge if you entered and exited at the right time, but who knows when such timings will happen? only those coin owners or developers. this is why they are the ones pocketing their profits with their creations. better be sure with your investments rather than gamble with these new alts. Why not invest in both? I will still invest in bitcoin, and it will still make up the majority of my portfolio, I still invest in altcoins, but it will only be a small part, and if there is a risk, then it will be insignificant. To be profitable when investing in altcoins, just have a plan, accept a small profit, then I think it's still safe to play.
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Nrcewker
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December 25, 2022, 04:18:05 PM |
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I believe that no strategy works the second time. Everything that works is just pure luck and good calculations. If your calculation and predictions are good, then definitely you can minimise the risk. Basically the strategy for long term investment should be, how we can minimise the risk involved. Forget about the profits, basically during long term trades, most traders think how they can stop losses. And at last select the coin which is solid and constant for long term of time. Usually Bitcoins are the ideal pick for these types of investments.
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RealMalatesta
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December 25, 2022, 05:56:48 PM |
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I believe that no strategy works the second time. Everything that works is just pure luck and good calculations. If your calculation and predictions are good, then definitely you can minimise the risk.
A strategy needs to be updated so that it can work all the time but you must still need to go for stoploss and technically derived target level so that a strategy will be working forever or else you can exit at small loss. The reason for having stoploss level in your trade is that no strategy is perfect against market fluctuations. So, with stoploss function, we can believe into all strategy all the times given that time to time posses are happening as well. The simple trick here we need to consider is, stoploss should be half of what we are having as target level so that we can manage the losses at minimum against profitable trades.
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tjtonmoy
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December 25, 2022, 07:14:17 PM |
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As an investor, i think you need to know also something about trading too. Otherwise, you will lose to traders. Good market movement knowledge will also help. I don't like to just buy and hold. My main goal would be to increase the assets, not the funds. So to do that, specially in a bear market situation like this, is to DCA. Dollar cost averaging. This can help to smooth out the impact of price fluctuations and reduce the risk of buying at the top of a market cycle. I will DCA on altcoins if they show some potential. And on the other hand, as a long term investment, I will choose BTC.
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TheGreatPython
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December 25, 2022, 08:14:01 PM |
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Invest according to your fund and do not invest too much in just a single coin as you know that whenever the situation become against your your thoughts then it is alarming for you to get rid of your money. Just make a plan and invest accordingly, put cash in more than a single coin. Buy during this down market and keep holding for several months then it will improve your success.
That "plan" is what OP is trying to ask. Trading in concrete is about buying things cheap and selling them for higher so yeah it' kind of true that you find the potentially good coins during the bear run and sell the off during the bull market. One common strategy I use is short selling overhyped coins during the bull run. Basically you need to spot the coins that are in green suddenly and don't have a solid product to back the price and just short sell those coins and once the price drops, buy them and repay at cheaper price ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
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GeorgeJohn
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December 25, 2022, 11:27:30 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
You are right, and second investment doesn't have a break, you can as well invest in any time you feel like investing, because i have noticed that Bitcoin investment it's something people do watch over and over before investing in Bitcoin, because of the bearish market, and another about it, is that altcoins is not a what you can invest on, because they is every tendency that your investment with altcoins can die on the way.
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jaberwock
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December 26, 2022, 10:18:42 AM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
You are right, and second investment doesn't have a break, you can as well invest in any time you feel like investing, because i have noticed that Bitcoin investment it's something people do watch over and over before investing in Bitcoin, because of the bearish market, and another about it, is that altcoins is not a what you can invest on, because they is every tendency that your investment with altcoins can die on the way. But what altcoins you guys are talking about? Maybe you forgot already that there are also alts with great potential on them. There are new altcoins as well which might be given a big break when the right time comes. They can be great to HODL for long term in addition with our Bitcoin investment. Investing in BTC can be done in anytime but a lot of people still prefer to invest whenever there is a bear market. This is where you can get the most out of your money. The only way to become successful in long-term Hodling is to have a good amount of patience. Not checking the market oftently or your portfolio can be a good thing too so that you will never be distracted on your long term goals.
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xSkylarx
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December 26, 2022, 12:45:08 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
You are right, and second investment doesn't have a break, you can as well invest in any time you feel like investing, because i have noticed that Bitcoin investment it's something people do watch over and over before investing in Bitcoin, because of the bearish market, and another about it, is that altcoins is not a what you can invest on, because they is every tendency that your investment with altcoins can die on the way. Unless you've invested in a top-5 altcoin, which is safer than new coins, but most new coins nowadays are going to die over a period of years due to no development or the developers leaving to start another coin. I just recalled that most of the new coins that have been going out will last for 2-3 years as the devs will not be abandoning it and they will really complete their roadmap so it will be a successful project, but now, mostly, they are just on half of their roadmap and will then be gone. I think it is because of a lack of funds or because they really want to scam people.
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Xinarae*
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2022, 01:44:43 PM |
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Bitcoin is good currency for long term investment this coin is at the top of the crypto market risks are very low The way the market is moving right now is likely to continue for some time. So those who are looking to invest right now, should take steps wisely if you are new to the cryptocurrency market you need to do a little more research on your investments. And those who are old investors must change their strategy you need to research this entire market better to adapt to the new situation.
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GeorgeJohn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2022, 04:28:20 PM |
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The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
You are right, and second investment doesn't have a break, you can as well invest in any time you feel like investing, because i have noticed that Bitcoin investment it's something people do watch over and over before investing in Bitcoin, because of the bearish market, and another about it, is that altcoins is not a what you can invest on, because they is every tendency that your investment with altcoins can die on the way. Unless you've invested in a top-5 altcoin, which is safer than new coins, but most new coins nowadays are going to die over a period of years due to no development or the developers leaving to start another coin. I just recalled that most of the new coins that have been going out will last for 2-3 years as the devs will not be abandoning it and they will really complete their roadmap so it will be a successful project, but now, mostly, they are just on half of their roadmap and will then be gone. I think it is because of a lack of funds or because they really want to scam people. Not all the new coins can die off, the thing is that you have to look for altcoins that have the potential, because those coin's you feel that doesn't have long term can have a long staying during the bearish market, but the problem is to know the potentiality first, knowing the potentiality will determine the length of the coin.
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Slow death
Legendary
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December 26, 2022, 10:27:39 PM |
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there are things that I've read lately that shock me but that most of the time I haven't commented on but today I decided to comment on such a thing, and the following: there are people who believe that holding for 10 years is something good and advantageous, they think that by doing hodl for 10 years you will be guaranteed to get high profits but you have to think that 10 years is a long time, people are not immortal, and also bitcoin will not be the best currency forever
let's imagine that a person is 44 years old, so that person cannot take the risk of buying bitcoin to hold it for 10 years because currently life expectancy is very low, reaching 54 years old is no longer as easy as in the past and at that time governments may be putting in place tougher laws that would make the price of bitcoin start to become more stable and people start using bitcoin as a currency and not as a means of making long term profit
I hope people start to think that even in the long run there's still a lot they need to consider before doing this.
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