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Author Topic: Share your favorite long-term coins and why  (Read 814 times)
Alonso_
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Today at 09:27:58 AM
 #61

We are holding Bitcoin for long term but I won't say that it offers "quick ROI".

This is where many newbie investors are hyped with. When people say that they can get that return quickly, they're investing without due diligence.

So they end up being surprised when they have bought at low price and then the price gets lower.

One way or another, BTC remains one of the few assets that perform well over the long term. Well, traders and investors who want to try their luck and make a quick profit will likely be more interested in investing in various alts that occasionally surge many times over in a short period and then crash back down.
You’re very correct, and I absolutely agree with you, I have bitcoin at a high esteem, bitcoin remains the best coin in terms of long term investments, I’m not going to say everything is guaranteed with bitcoin but in a situation that we have other options, long term is more appealing in terms of doing a long term investment.

Personally I see bitcoin as the main assets in terms of making investments with Bitcoin, and every cryptocurrency depends on bitcoin to thrive.

Emitdama
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Today at 10:31:21 AM
 #62

To be honest I like Bitcoin for long term investment because it offers a very quick return on investment. I also like Bitcoin for risk free investment because it allows you to save money for life. In the past people who bought Bitcoin and held it for a long time made huge profits. Many big institutions and investors are dreaming about Bitcoin and are announcing its price in millions of dollars. Again, different countries are holding Bitcoin as a reserve. So in terms of best currency and low risk Bitcoin is the best and you can be safe in the long run.
Bitcoin is the one true answer, while there are other coins that you could be interested in, that doesn't mean that you should leave bitcoin to the side. If you have some crypto, but no bitcoins at all, then you are making a big mistake. As long as you have most of your money in bitcoin, then you are going to do fine, and I personally believe that while it is going to be tough, it is not going to be impossible and we could make some money out of this as well.

This is why the best way to move forward would be buying up bitcoin. Since this is altcoin speculation, I will say that after you get bitcoin, look for trusted top 10 coins as well, both bitcoin and those other top ten should cover %90+ of your portfolio, then you can do silly small tokens for fun with the rest.

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