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❓ASK Would you invest for the long term in a currency other than BTC?

onlyprofits

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The vast majority of reports on long-term investments have as their central theme the queen of cryptocurrencies, BTC, they talk about their behavior, their price, their future, investors. Less is said about the other altcoins.
I am not particularly a long-term investor, in the near future I will, it is necessary to have a short, medium and long term investment portfolio.
My question is:
What cryptocurrency other than BTC would you invest in for the long term?
 
I invested on Ethereum, Litecoin, and XRP, there're other altcoin too that i've invested, but i only invest a small amount on it. It's good to invest on other cryptocurrency to maximize the profit in my opinion.
 
I invested on Ethereum, Litecoin, and XRP, there're other altcoin too that i've invested, but i only invest a small amount on it. It's good to invest on other cryptocurrency to maximize the profit in my opinion.
The split investment methods you adopted is a very good one ,you will hardly loose from it, another coin you can try to invest on is YFI coins ,it is growing faster now.
 
The vast majority of reports on long-term investments have as their central theme the queen of cryptocurrencies, BTC, they talk about their behavior, their price, their future, investors. Less is said about the other altcoins.
I am not particularly a long-term investor, in the near future I will, it is necessary to have a short, medium and long term investment portfolio.
My question is:
What cryptocurrency other than BTC would you invest in for the long term?
Of course if Bitcoin can make it from grass to Grace , I believe other cryptocurrency will be able to make it too when their times comes . Thus , yes I will and am already doing so now
 
All these investment requires patients , tron was rising fast as at last two weeks but since I invested it has been struggling to beat 0.035 but I still very optimistic so the same should go for BTC investors.
 
I invested on Ethereum, Litecoin, and XRP, there're other altcoin too that i've invested, but i only invest a small amount on it. It's good to invest on other cryptocurrency to maximize the profit in my opinion.
I have always been impressed with Litecoin and always pay attention to that coin. Maybe it is instincts or something, but I feel it is going to do very well. It will be worth the investment.
 
When investing in a cryptocurrency you must be mentally prepared that sometimes its price will drop, that is why I associate investing in a cryptocurrency is a long-term investment. See what has happened to BTC from its birth until today, the one that has endured and has not despaired has made a lot of money.
 
Almost all the coins are reading negative in their value now Tron, Ethereum, Stellar, bitcoin even YFI, I see it as opportunity to buy and wait for longer time because it will surely rise.
 
Almost all the coins are reading negative in their value now Tron, Ethereum, Stellar, bitcoin even YFI, I see it as opportunity to buy and wait for longer time because it will surely rise.
You always buy a low price and you expect to sell at a higher price if the intention is to trade, now if the intention is to hold, then you can buy right now
 
Absolutely. Some coins have real potential. I have a small amount of $ in lots of coins which I plan to hold long term just in case any of them take off. if i put a lot into anything except bitcoin or ethereum i will track the coin in case it starts to get too risky. Coins I have more faith in include OMG, digibyte (inexpensive atm, long term potential, more risks) - zcash, Litecoin (not cheap but well established and I think they will last, I don't know what to expect in terms of long term growth but I do expect stable increase in price but not explosive)
 
Almost all the coins are reading negative in their value now Tron, Ethereum, Stellar, bitcoin even YFI, I see it as opportunity to buy and wait for longer time because it will surely rise.

this is great advice. Now people are hesitant to invest because they're afraid of short term drops but long term many coins are undervalued because the entire alt coins market is hurting right now. I will take your advice, my friend.
 
It will be good if you buy but if you check some of them now they on green light again with some of them having about 7% rise so may be you relax when they are red.
 
this is great advice. Now people are hesitant to invest because they're afraid of short term drops but long term many coins are undervalued because the entire alt coins market is hurting right now. I will take your advice, my friend.
The second reason why people don't fully go to small coin investment is the fact that there are too many of them and thus one is posted with the challenges of knowing which one to go for
 
The second reason why people don't fully go to small coin investment is the fact that there are too many of them and thus one is posted with the challenges of knowing which one to go for
Maybe some people are just lucky or they read through their white paper. I also feel some of the top traders in popular exchange/trading platform may know features they consider on coins.
 
All the cryptocurrencies they have named have potential, the one I know the least about is Digibyte. What @ Joseméndez says is a great reality, there are too many coins and most of it is lost in this vast ecosystem. I advise to be guided by the Coinmarketcap list and from there see how the project is organized, observe the community of followers and any other detail that you consider important.
 
It will be good if you buy but if you check some of them now they on green light again with some of them having about 7% rise so may be you relax when they are red.
You're right. It's smart to check the chart and compare the price now to what it was in the past. Several coins have dropped a high % but they're coming down from a massive pump so they are still over valued. Meanwhile, some are green for the last 24 hours but still down overall. That's based on what I estimate their value to be. I don't know anyway to calculate exactly what it is truly worth.
 
Maybe some people are just lucky or they read through their white paper. I also feel some of the top traders in popular exchange/trading platform may know features they consider on coins.
Yeah. My question is how can one gain such knowledge these top traders posses in order to be able to identify a potential coin ? , And what do you mean by a white paper ?
 
I think I'll invest on defi tokens as it has become the rave of the moment. Defi tokens from reputable platforms tend to skyrocket these days coupled with the fact that there supply is limited.
It is the trend of the moment because most of the token on DeFi are constantly on the rise though split investment is better.
 
It is actually trending now but let us be very careful of the kind of defi project or tokens we invest on because of scammers.
 
Excellent proposal to invest in a DEFI project, but I would see it more as a short or medium term investment, since a bubble is forming in the DEFI that at any moment can explode

I'm looking for a worth altcoin to buy and stake for many years whith no attention to temporary oscillations. We can help each other to find such opportunity.
So far the best long-term opportunities are BTC, ETH, LTC, CRO, and LINK. Please, study their, their projects, their price history and their news so that you have a broader opinion of them.
 

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