The goodness of long-term investing in cryptocurrency

[SquallLeonhart]

From what I see in OP's topic, he only shows and explains what can be benefits and criteria if you are a class of long-term investors here in the world of crypto. And in addition to that, OP also shared based on his experience how to chosse and gave a criteria in a cryptocurrency although he did not say or specify what crypto is good for long-term investment.

There is truth in what he said in his statement and there is a point as well, it is a given that bitcoin is leading in long-term investing.
Now, when it comes to another cryptocurrency, it is not correct that others say that bitcoin is only one good for long-term investment, for me this is a wrong belief and view as a crypto enthusiast.

You can't say which coin will go up high in the future, because that coin may not grow to be that big, however you can share what kind of coin could go up, and that would be a lot better.

I personally have my own understanding that bitcoin-ethereum-bnb trio will always go up, but is there a guarantee to that? Of course not, so that means maybe the idea is that you should invest into already trusted coins, according to my portfolio at least, some may think otherwise and say something else. All in all, it is the idea that we should invest into, not the coin itself and that way we could make a good return for sure, it would be very profitable for all.

[o48o]

Otherwise i agree and you have good points but not with one of them

3. Market Share - It's also important that the cryptocurrency we buy is in the top market, for example in the top 20 altcoins like that. Like many investors, it is popular and many institutions, companies, and or well-known personalities invested here.
Although in the stock market it is the same, usually those at the top of those good stocks or blue chip companies are good for long-term investing.

Why does it have to be top market? They might as well could have reached their top value or their growth rate could be very slow as they don't have much room to grow compared to small caps. The fact that something is high doesn't mean it could last several years.

2. Remember, the past is past

Also, what does this mean? Because it sounds like you are ignoring past somehow. We can learn from the past. That's the only thing we can learn experience from. Also from the past we usually know what kind of tech we should invest to in long term.

[Finestream]

* Not Risky

Maybe a better term is "less risky". Although we do know how volatile cryptocurrencies are compared to stocks, forex, gold, and real estate, at least responsible long-term investments negate the effects of constant ups and downs in the market. But I will never call long-term cryptocurrency investing not risky. If it is not risky at all then there is no need to create tips like watching its volatility and investing only a portion we can afford to lose. If there is no risk, then we can just all-in invest all our funds allocated for long-term goals.

   - I stand corrected for this you've mentioned Sir, thanks for the heads up. I just posted the wrong term for this one, anyway long term is good only if anyone are sure about the coin that will give a nice profit in the future. And the risk might only come in if you feel doubt about the coins you'd like to buy and at the end of the day you still like to invest in it.

That is why the portion of invest what we can afford to lose is very suitable for the long term in my own assessment and perception as well.

Every investment has its own risks, but there is quite advantage if you do it for long term because aside of reducing the risk, the returns or profits are much bigger than short term duration. But of course, if you invest in long term, make sure to invest in those coins with high potentials particular with bitcoin. Although the risk is quite bigger due to its high volatility, but we all know the volatility of bitcoin keeps us being thrilled and excited to gain higher rewards in the process.

[Rengga Jati]

1. Understand what you’re investing in.
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* Less Risky - Because you have only invested in the market for the long term, You just term or hold, there's nothing to get rid of and you can't opportunities will miss out on the market because they have invested,

These two things should be closely related. Long-term holding will be less risky when we know what we are investing. We will get very worthy holding results if we only have top coins. And here, I'm just thinking about Bitcoin. And even if I want to look at altcoins, maybe only Ethereum and BNB. For other altcoins, this will be very risky, especially after the LUNA tragedy. So, know in advance whatever we invest. Don't let us do long-term holding on shit coins which will actually result in dead coins.

Crypto Criteria for Long-Term Investing

Sometimes, scam projects or shit projects also have prepared their projects to be good enough, they may be good at all of these lists. But finally, they are worth nothing after several periods. If we are investing in the next projects, nothing will guarantee although they always promise high profits. We cannot trust them 100% because sometimes, too-good-to-be-true projects are also worrying.

[AmoreJaz]

1. Understand what you’re investing in.
----------
* Less Risky - Because you have only invested in the market for the long term, You just term or hold, there's nothing to get rid of and you can't opportunities will miss out on the market because they have invested,

These two things should be closely related. Long-term holding will be less risky when we know what we are investing. We will get very worthy holding results if we only have top coins. And here, I'm just thinking about Bitcoin. And even if I want to look at altcoins, maybe only Ethereum and BNB. For other altcoins, this will be very risky, especially after the LUNA tragedy. So, know in advance whatever we invest. Don't let us do long-term holding on shit coins which will actually result in dead coins.

Crypto Criteria for Long-Term Investing

Sometimes, scam projects or shit projects also have prepared their projects to be good enough, they may be good at all of these lists. But finally, they are worth nothing after several periods. If we are investing in the next projects, nothing will guarantee although they always promise high profits. We cannot trust them 100% because sometimes, too-good-to-be-true projects are also worrying.

and so far, this is only true for btc. when it comes to alts particularly new ones, i don't think it is good for them to consider as less risky for long-term investments, when in fact most of them have short lifespan. as we have seen, most alts decline their value few months after they were introduced in the trading market. only few or those top alts have shown strong position in the market.

[drwhobox]

When we talk about investments, whether for the long or short term, there are always dangers associated with those investments. But the advantage of holding for the long term, particularly if you are investing in a potential coin such as Bitcoin, is that it frees you from the stress caused by the daily changes in the market because you are confident that the coin in which you have invested will increase in value in the future.

Long term investment is stress free while short term investment is stressful but more profitable.

[wastagnn]

When we talk about investments, whether for the long or short term, there are always dangers associated with those investments. But the advantage of holding for the long term, particularly if you are investing in a potential coin such as Bitcoin, is that it frees you from the stress caused by the daily changes in the market because you are confident that the coin in which you have invested will increase in value in the future.

Long term investment is stress free while short term investment is stressful but more profitable.

Long-term investing doesn't work with altcoins, it works better with Bitcoin.

Investing in Bitcoin guarantees profits in the long run. While altcoins can also bring us huge profits, many tokens only exist for a while. So in some cases, short-term investing in altcoins can be more profitable.

[Sayeds56]

Cryptos are really underestimated when it comes to long term investments. People shows more trust on FDs, SIPs and golds for long term investment. I mean they do it so as they don’t have complete knowledge on the cryptos. Cryptos can really be a great asset to invest for long term. And if we compare the history stats, then definitely the investors have got more than 100x profits in some years. I completely agree that the risk involved is pretty high, but guess what the returns is also high. Now we need to just analyse the risk and invest accordingly for long term in these brilliant cryptos.

I agree with your opinion that good crypto projects in general and Bitcoin in particular, are the best assets to hold for long term and no other class of asset can compete with Bitcoin when we compare the growth it achieved (Bitcoin returns are outstanding). It has registered tremendous growth during the past 15 years. But we need to be very choosy in picking crypto assets, Bitcoin and Ethereum are considered best investments for long term and make good research before investing in all other projects.

However, most experienced investors already knew which altcoins they would be investing in, whereas newcomers will always buy bitcoin because it is well-known and provides a guaranteed profit in the long run. If you don't want to hold a bitcoin, the top five altcoins are the best to invest in because they are safe and secure. For the time being, avoid new coins because they are not safe and usually die after a few months, unlike well-known and established coins where you can get news every day and keep track on a daily basis.

Though Investing in new project is risky because we don't know how they will perform in the market and whether it will be listed on good exchanges but still we can get some reliable information through research work before we risk our funds in such projects.

What you must do & know before investing:

1- Read the white paper fully and focus on use case
2- Credibility of the team behind the project
3- Performance of existing projects in the same sector
4- Tokenomics

[Semar Mesem]

If we want big profits then we have to be patient and make it a long term target, most people are impatient so they immediately sell assets when they see a profit of 10% or less, as long as what we hold is top ranking coins then long term holding will be profitable.

[Kelvinid]

If we want big profits then we have to be patient and make it a long term target, most people are impatient so they immediately sell assets when they see a profit of 10% or less, as long as what we hold is top ranking coins then long term holding will be profitable.

Long-term holding could have some benefits - earning a huge profit is likely possible.
But also, you can't underestimate new coins that usually just pump in short-term (x1000) which becomes the favorite of some investors.
It seems important to know how to assess a certain project to invest in because even though it was belong to the top 10 or top 20 coins in the CMC, we can't assure that holding them long-term will give huge rewards. Unless we invest in Bitcoin and Ethereum as we know the capabilities of these coins for many years.

[justdimin]

Though Investing in new project is risky because we don't know how they will perform in the market and whether it will be listed on good exchanges but still we can get some reliable information through research work before we risk our funds in such projects.

What you must do & know before investing:

1- Read the white paper fully and focus on use case
2- Credibility of the team behind the project
3- Performance of existing projects in the same sector
4- Tokenomics

I would also add socials to this as well. It doesn't mean just because a place has 50k followers then it equals to a successful project, of course anything with a lot of followers could still fail. However, it is also important to note that anything with no followers will definitely fail, there is no doubt about that at all. Just because a place has 50k+ followers doesn't mean it will profit you, but if it has 50 followers then it will DEFINITELY not profit you.

So, you should always check that before you invest into a project, and see if they have any or not, having none means that it's not going to be a good project and that will be a trouble for you for sure.

[lienfaye]

* Easy - So, because it's less stressful, this kind of investing is easier, you don't need to be an expert or a good trader. You know how to analyze, signals, charts, and more. That's why you don't need those because you will only invest once, or if you always do something simple and that is just buying buy.

It's easier compared to being an active trader. But it doesn't mean there's a guaranteed profit since investing for long term is also risky. That's why before you invest it's important that you know what you're doing and aware of the possible situation that can happen. Take time to learn and do a research for the coins that you would like to invest in because a good coin is unlikely to be delisted in exchanges and will not turn to zero value if it is established and has a real use case. So don't just blindly invest because it's your hard-earned money that you will put at risk.

[yazher]

If we want big profits then we have to be patient and make it a long term target, most people are impatient so they immediately sell assets when they see a profit of 10% or less, as long as what we hold is top ranking coins then long term holding will be profitable.

We only need to choose the right coin to invest preferably those that are only recently starting and we need to make sure that they are legit and they're actually making development and updates to give their investors satisfaction and tranquility for their heart about their investment in their project. Because holding for long is a huge challenge and only a few people are courageous enough to do that. Because when they see the temptation of hype in other coins, others will rush to migrate to those projects and sometimes they made a good decision but some of them failed because they invested in the pump-and-dump project.

[Wexnident]

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

* Easy - So, because it's less stressful, this kind of investing is easier, you don't need to be an expert or a good trader. You know how to analyze, signals, charts, and more. That's why you don't need those because you will only invest once, or if you always do something simple and that is just buying buy.

I reckon you still need some semblance of being a good trader, you are still going to understand what the investment you're going for is about after all, and whether or not it would actually last that long for your investment to bear fruit.

[SirLancelot]

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Both long term and short term has their own advantages and disadvantages so don't just say that one of them is only better while the other is the best. The advantage of long term investing is that it allows you to earn more profit but the disadvantage of it is that it may take a long time for the price to pump. In short term investing, there's less waiting time but there's also less potential in terms of gains.

When investing we don't just buy but it's important to pick the coins properly. We can do this by analysing. A signal is also useful as it can tell us if it's now ready to sell. Last but not the least is the chart. It gives us an overview of how the coins perform.

[Jackl87]

Good day to all the community here in this forum, Do you want to know why cryptocurrencies are good for long-term investment? Why is it okay to invest in the long-term and what are the strategies and criteria to choose cryptos that we can invest in?

Thanks for your write up. That really contained a lot of information especially for people that are new to this space. I have always been the long term hodler type of crypto investor, even though i know that you can make more profit if you are actively trading, but this also automatically means that you can also make way more mistakes and the chances that you are losing your investment completely is way higher than if you just buy and hold for a longer time. I think that the current market conditions are good to invest into projects that are already established because now you get them for like 1/5th of the price that we had to pay a year ago or so.

[Sanitough]

I would totally agree with you if you only talked about bitcoins and no other cryptocurrencies. However, if you said that altcoins are also suitable for long-term investment, I would disagree with your statement. Altcoins can also give us big profits, but they only last for a while or cannot sustain their growth. They are not like bitcoins that always recover from a drop. Many say that holding top altcoins will generate profits, but they still need to learn that, over time, the top altcoins will be replaced by newer altcoins.
Long-term investing is only true for bitcoin, not for altcoins.

Altcoins are just considered clones from bitcoin, so they can never survive for long term as clones are just good at the start but become obsolete later on. But with bitcoin, long term investing will prove its utility cases and will gain more users because of that. And that bitcoin long term investing will increase the chance to gain guaranteed profits especially when the market is already in bullish season.

[blockman]

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Long-term is ideal with most but short terms are more likely with the newbies because they're at the learning stage and after experiencing it, they'll summarize and have a conclusion that long-term investments are really the best choice.
Yeah, it's not a risk-free strategy but you're able to mitigate the risk and you can mend some of your losses depending on how you'll react to the market based on what it is currently showing. Needless to say, on a personal note, long-term did me well and thought me how to become disciplined in investments.

[bhooscream]

* Less Risky - Because you have only invested in the market for the long term, You just term or hold, there's nothing to get rid of and you can't opportunities will miss out on the market because they have invested, it's just you The others are in and out of crypto, so of course, if you are outside of crypto, you will miss the other opportunities here.

This is a dilemma to say that long-term investment in altcoins is less risky. Because we learn from LUNA. Long-term investment may end on the dead coin. We know that many new projects are commonly shit coins. And we cannot guarantee the top altcoins will last forever or not. That is why investing for long-term periods doesn't mean that we don't do anything and just leave them in our wallets. We must also see the progress of the projects, and see the situation including if there is FUD or not. Because once we are too late to know the FUD, we may lose our money even if we have invested for a long time. Please, learn from what happened to FTX and also Luna so far.
I agree if we are doing long-term investment for Bitcoin, yeah, this is will less risky than altcoins.

[Silberman]

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Long-term is ideal with most but short terms are more likely with the newbies because they're at the learning stage and after experiencing it, they'll summarize and have a conclusion that long-term investments are really the best choice.
Yeah, it's not a risk-free strategy but you're able to mitigate the risk and you can mend some of your losses depending on how you'll react to the market based on what it is currently showing. Needless to say, on a personal note, long-term did me well and thought me how to become disciplined in investments.

Newbies due to their lack of knowledge prefer short term trading over long term investing, and they have this preference because of the higher profits they can supposedly get by trading, but what they choose to ignore is that only a very small minority of traders get those profits while the rest get losses, and it is not until they begin to lose money they realize their mistake and then they try to switch to long term investing, however after losing so much money when trading the markets it is difficult for them to hold their coins for long enough to get profits in this market.