Share your favorite long-term coins and why

[CucakRowo]

Are memes on the Solana network benefiting Solana, or are they the ones deriving a series of opportunities from the Solana network to make their own performance? Most meme coins will first consider a particular network and the conditions that surround it before they make their choice to use a particular one. I think Solana has got all they may require when it comes to network affordability and the reliability they also enjoy using it preferably to launch their meme coins than any other network.

it's a symbiotic deal, both sides feed off each other.
Memecoin use Sol's cheap fees, and speed to mint tokens and dump them on degens chasing a quick buck    
Sol, meanwhile, gets a massive user base, and heavy trading volume and a pile of network fees without breaking a sweat.
Imo.. it's a smart play by Sol.
It gets to put the network through its paces during periods of heavy trading while bringing more users and capital into the ecosystem.
That gives it more resources to keep improving the network and gradually expand into more real world applications.

[JaanusRaim]

I DCA Namecoin because I bet the current price ratio about 100000:1 is not justifies for the first and second cryptocurrency. NMC failed as a utility coin but as a memecoin and collectible it competes with DOGE. At the same time, I expect the price of NMC to fall even further in the short term (at least when expressed in US dollars), driven by the bursting of the stock market bubble.

[Odusko]

I DCA Namecoin because I bet the current price ratio about 100000:1 is not justifies for the first and second cryptocurrency. NMC failed as a utility coin but as a memecoin and collectible it competes with DOGE. At the same time, I expect the price of NMC to fall even further in the short term (at least when expressed in US dollars), driven by the bursting of the stock market bubble.

Regardless of how the hype may look, Namecoin will just be like one of those memecoins that won't fit for the long term journey, and should not be considered, I don't know how you arrive at this conclusion about the Namecoin potential to compete with coins like doge coin, but even at that level of progress, doge coin is still not among coins to be considered for long term holding, it value is low and unstable for such a goal.

[free-bit.co.in]

I DCA Namecoin because I bet the current price ratio about 100000:1 is not justifies for the first and second cryptocurrency. NMC failed as a utility coin but as a memecoin and collectible it competes with DOGE. At the same time, I expect the price of NMC to fall even further in the short term (at least when expressed in US dollars), driven by the bursting of the stock market bubble.

Regardless of how the hype may look, Namecoin will just be like one of those memecoins that won't fit for the long term journey, and should not be considered, I don't know how you arrive at this conclusion about the Namecoin potential to compete with coins like doge coin, but even at that level of progress, doge coin is still not among coins to be considered for long term holding, it value is low and unstable for such a goal.

Wait, Namecoin? Isn't that one of the first Bitcoin forks, launched back in 2011?

Even with that kind of head start, according to CMC, its market cap is only around $20M, and trading volume is extremely low. It barely listed on any exchange at all.

@JaanusRaim, mind telling us what potential you're seeing here that got you putting money into it? Cause imo it's worse than even a memecoin, and it's not even in the same league as DOGE.

[kawetsriyanto]

I DCA Namecoin because I bet the current price ratio about 100000:1 is not justifies for the first and second cryptocurrency. NMC failed as a utility coin but as a memecoin and collectible it competes with DOGE. At the same time, I expect the price of NMC to fall even further in the short term (at least when expressed in US dollars), driven by the bursting of the stock market bubble.

If you read the topic, we are talking about the favorite coins for holding a long term. So, this Namecoin is one of your favorite coins for holding? Are you sure? 
I just check this coin in CMC, it is just random coin with rank #648 there: https://coinmarketcap.com/currencies/namecoin/. TBH, I don't see anything special with this coin. I even feel scared to see the future of this coin because it seems its price too far from its best price (ATH) -91,3% now. Don't you check the price graph? Unless you want to make a hype of this coin, I suggest you DCA to a more convincing coin. DCA Namecoin seems not a really wise choice! However, it is up to you, it is your own money.

[Fantazy999]

As a speculator who once reached the top 4 in ROI on Binance, I can tell you one thing: It is always more profitable to be a speculator! In spot trading, you’ll never have enough capital to keep averaging down. And perhaps the most interesting point is that 90% of the coins that existed in 2023–2024 have already been delisted! Eventually, another 90% will face the same fate—delisting. If you buy at the wrong time, you could end up losing 10x your investment—so, in what way is spot trading actually advantageous? Only speculators make money in this market! As for "holders"—just look at how they wait 2–3 years, hoping to at least break even! Take the XRP "cult," for instance—they waited 8 years just to get back to their entry price! Spot trading is like a prostitute: the money is technically yours, but everyone else gets to use it—except for you. All you’re left with are the coins you’re holding.