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Author Topic: cryptocurrency is one of the best long-term investments is it?  (Read 9767 times)

Offline azmirihaque

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #15 on: August 20, 2020, 04:40:41 PM »
I think you should not invest in cryptocurrency for long term at this moment. There has a high risk in long term investment. Because crypto price fluctuates more and more and so its price may decrease for long term. We see that ethereum is one of the best coin in the crypto market but its price is now very much lower than the year 2018 though its price has some what increased from the lowest point. So, I think, short term investment is safe. 

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #15 on: August 20, 2020, 04:40:41 PM »

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Offline Hometown

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #16 on: August 21, 2020, 06:32:09 PM »
Obviously cryptocurrency is a long-term investment. If you invest in short term periods then I surely talk that you don't get nothing from cryptocurrency. But Ethereum and bitcoin, Binance coins are very important to long term investment.

Offline Bobcrypto

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #17 on: August 21, 2020, 06:49:03 PM »
It is absolutely, a good investment opportunity on the long run, no doubt about it and can also very good on  the short term investment purpose: in cryptocurrency market, anything can happen. There are times that investment on bitcoin/altcoins will bring in huge returns in a very short period of time and I think crytop investment depends on individuals plans.

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Offline ranaprime

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #18 on: August 21, 2020, 07:00:37 PM »
It is true. Investment should be long term if any one wants to make good profit from any invest particularly in crypto currency. In crypto currency there are lots of coins here but some are fake so at first try to make your investment secure by choosing good coin then long term investment will be effective.     

Offline Fawpac2

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #19 on: August 21, 2020, 07:46:42 PM »
Actual cryptocurrency is not a long-term issue. You need more than luck to succeed in affiliate business. In fact, if you buy a coin that will give you a lot of value in the future, you need to know better. If the value of the coin is good, you can buy and hold it for a long time. However, it is better not to hold on to cryptocurrency for a long time. Because if you hold for a long time, you will go on the path of a lot of losses. So I would say cryptocurrency should not be done long term.
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Offline @chison

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #20 on: August 21, 2020, 09:57:15 PM »
With the wave of things I think it is a long tern investment. Only and only if you bought the right token, have a safe place to keep it and hope the developers are consistent with their plan. Imagine the prices of BTC, ETH , XRP, XLM, Link , Doge , etc 7 years ago when compared to now.
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Offline I-Bit

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #21 on: August 21, 2020, 11:57:49 PM »
I agree that investing in crypto is one of best long term investment. Crypto asset is still young but it has big potential to be a great value in the future. There are many people already earned big rofits from crypto investment. We can follow them to take advantage from crypto as well.

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #21 on: August 21, 2020, 11:57:49 PM »


Offline vanjava

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #22 on: August 22, 2020, 01:37:57 AM »
Yes I highly recommend you to buy and invest bitcoin because the enthusiasts of bitcoin are increasing every year and it will increase the volume of bitcoin and then the price will increase, it is very suitable for long-term investment.
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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #23 on: August 22, 2020, 10:45:20 AM »
Actually, if you're smart enough, it's the most profitable market out there, better than Stocks, Forex ... you name it.
For example, check Solaria, launched in April in exchanges, already made x14 ROI.
That means if you bought it with $1000 in April you would've made 14k in like 4 months. you won't be able to make this ROI in Stocks or Forex without having 99.99% risk.

The volatility of the crypto market make it the most profitable & the most dangerous too.
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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #24 on: August 22, 2020, 11:11:05 AM »
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?

Whether long term or short term, depends on the circumstances of the market conditions. Like if you purchase Bitcoin at higher price, you have to wait if fall the market or if you purchased at low price, you can sell it short time if you get profits but holding for more time can give you more profits. Basically, time period depends on the market and your strategies.

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #25 on: August 22, 2020, 12:33:43 PM »
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?

Whether long term or short term, depends on the circumstances of the market conditions. Like if you purchase Bitcoin at higher price, you have to wait if fall the market or if you purchased at low price, you can sell it short time if you get profits but holding for more time can give you more profits. Basically, time period depends on the market and your strategies.

Yow it does not apply to all cryptocurrencies. I have held a few altcoins before and ended up losing even more. Most of these cryptos gets a pump and dump that is why we cannot just randomly hold any time of crypto. The best choices are to peak top cryptos like XRP and ETH because for sure they will last a very long time in the crypto market as many uses these type of coins.
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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #26 on: August 22, 2020, 05:30:27 PM »
We all see that most projects have a Roadmap for 5-10 years, because building a foundation and creating a community to realize a revolutionary idea takes a whole process. Putting a token into life and its ecosystem is not as simple as listing or trading it on exchanges.
For real investors: cryptocurrency is a long-term investment in the future.
For the majority of participants: crypto is a fast way to make money.
The choice lies in the goals and methods of each person's investment.
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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #27 on: August 22, 2020, 07:26:34 PM »
Of course cryptocurrency is the best way of investment process within short term periods and long term periods. Obviously Ethereum and bitcoin is the best choice of long term investment.

Offline bigcash2011

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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #28 on: August 22, 2020, 10:20:31 PM »
Diversification is best because we do not know which coins will move how much, so buying top quality coins should be the strategy. My pickings will be:
Btc
Eth
Ada
Neo
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Re: cryptocurrency is one of the best long-term investments is it?
« Reply #29 on: August 23, 2020, 09:32:30 AM »
Goal for gold and precious stones.
Bitcoin called as gold in cryptocurrency.
Potential altcoins considerable as Precious stones.
Some potential altcoins can be found in top rank like top 100.
Some promising altcoins with potential is just in the beginning. Maybe they are in rank 200 down or not yet listed.
It is important to research and read the whitepaper and roadmap to have something to expect in the future.
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