Post
Topic
Board Altcoin Discussion
Re: Altcoins as long-term investment ?
by
PhucS
on 20/09/2017, 05:36:12 UTC
Right now 99% of my holdings are in BTC, the other 1% ETH.

I´m looking to diversify my portfolio a little, the thing is I´m not a trader, I would like to invest in other crypto with the same mentality I follow when I buy bitcoin, which is basically buy, hodl and forget about them. Are there any altcoins that match this criteria ? Or this mentality applies mostly to bitcoin ? I don´t intent to keep checking prices every day.

I was thinking maybe 70% BTC, and 30% equally divided between LTC, ETH,RIPPLE and others.

Apart from investing in Bitcoin, altcoins are also a very useful long-term investment and it can be profitable. There are many types of altcoin on the cryptocurrency market, but we have to choose the most potent altcoins to be able to make a lot of profit. I usually choose based on the growth rate of each type of altcoin, the supply of reserves is clear, reputable and many people traded. Eth is a very good and potential altcoin, this is a lot of people know. Besides I also recommend Dash and Ripple, I think they are very potential and suitable for long term investment. This is just my personal opinion