cryptocurrency is one of the best long-term investments is it?

[ekoyulio20]

In your opinion, whether cryptocurrency can be an option in making long-term investments? and what advice would you give to do that? whether to buy bitcoin or the like?

[Fenix]

In your opinion, whether cryptocurrency can be an option in making long-term investments? and what advice would you give to do that? whether to buy bitcoin or the like?

Cryptocurrency is similar to the securities market, but it has a very high price volatility. In these markets, some types of cryptocurrencies can be held for an extended period of time. These are mainly the ones that are listed in the top few tens of the CoinMarketCap table (with the exception of stablecoins, which are not intended for profit), as well as some little-known tokens. However, given the high price volatility of the cryptocurrency, it is still better to partially sell the cryptocurrency at obvious peaks in its price and buy when it drops significantly. In these cases, the effect on profit is much better.

[Andruha1993]

Yes, cryptocurrency is one of the long-term profitable investments. Especially if you have invested in such a popular coin as Bitcoin. It must be profitable.

[Gurjasmeet Singh]

Yes ofcourse, crypto currency is a one of the best platform for longtime investment. But if you're interested in the investment crypto currency. Then l advice you can invest in bitcoin who have give good earnings in future. I think so.

[KryptoBull]

Everything depends on the goals and methods of investors. If he were a trader, it would be a short term investment with fast returns, if he were an ICO/IEO investor, it could be the medium term vision, if he really waits for the time when BTC price reaches 1M USD, which will be long term.
There is one more form, it is the ones who decide Hold to die

[yohananaomi]

In your opinion, whether cryptocurrency can be an option in making long-term investments? and what advice would you give to do that? whether to buy bitcoin or the like?

Crypto is a long-term investment when it first started to be known, but with the changing developments now crypto can be an investment that can be done quickly with accurate analysis. like bitcoin every time changes quickly occur if you are good at analyzing well then you will quickly get lucky.

long-term investment seems like it can no longer be a mainstay for crypto, always at any time you have to see the developments that occur because changes are not due to a long time, even just a matter of minutes, significant changes can occur.

[Jaguar]

There are three types of tokens:

1: Security token - are tokens that equate to an ownership stake in a company.

2: Utility token - is a token that only has value in the use of a system.

3: Commodity token - are tokens backed by a standard assets that already have an independent value such as gold, oil or a sovereign currency.

You can search and find the best tokens suits your long term desire investment neither in security, utility, and commodity token investment.

[Duckenth]

In your opinion, whether cryptocurrency can be an option in making long-term investments? and what advice would you give to do that? whether to buy bitcoin or the like?

I said yes, that this Cryptocurrency can be used for long-term investment.
However, to secure our assets from loss, I suggest that we only invest in top-ranking Cryptocurrencies such as Bitcoin and Ethereum, and other coins that have proven to have a potential future and a good price.
Because if we choose the wrong Crypto coin, then the risk of losing we will experience is very large.

[Joyjoyce0]

Yes, crypto is one of the best long time investment. But make sure you do diligently research on the particular project you intend to hodl for long time. Some projects that were hot 5 years back are now shits.

[damsix]

Did the OP forget Ethereum?
Did the OP forget the first price of Bitcoin?

It is true that now it is very difficult to see the price of good altcoins and tends to go down in price.
You can see now that the good token is DIA, where the first time the ICO price was under 1 USD and after listing on OKEX it was 3 USD, good luck!

[ShadowCrypto]

But the US has more money than the interest, there is just no willingness to actually pay back the loan as of now, the national debt is odious, impossible to pay off. If every person gathered every dollar, every penny out of the sofa, every last cent, and sent it to the federal reserve, US would still owe interest on the loan.

[Istiak]

There is no doubt about that cryptocurrency is one of the best for long term investments. You should have a strategy for investing in crypto. My suggestion is to split your whole balance into half and buy BTC with half and with other half split that too in many portions and buy other top alts with that. This way you can distribute your risk.

[labonikhatun]

Crypto is a very good currency for long term investment the demand for crypto is higher than other currencies and is slowly gaining much popularity. Of course I would recommend investing in crypto although cryptocurrency prices have fallen there is a lot of potential for growth there is nothing to be disappointed about crypto is a very lucrative currency.

[Jaephoenix]

Yes, its a good long time investment, if you choose your investment well and proper. Some investments are not gonna give you any profit, no matter how long you keep them

[trauchot]

It is, but before investing in any cryptocurrency, you need to study its capabilities, technologies, ideas and everything completely related to this cryptocurrency in order to know what the company that owns this cryptocurrency is capable of and what can be expected from this cryptocurrency in the future.