I am really liking the Lunyr project for the long term and can see this coin reach its all Time high again. What do you guys think of this coin in the long run. I've invested quite a bit but plan to hold until December-February next year. I just want to know what you think. And if not this coin, what coins should I invest my money in that have a good project?
Thanks for the help guys.
I think that in the long run, it'll be hard for these small cap coins to gain traction and become mainstream. Especially when they are not an actual currency or platform that facilitates for other crypto businesses, like BTC/XMR/ETH.
Although looking at the charts, it seems like Lunyr has indeed been in consolidation mode, and has proven to have huge potential when things get hyped up. Pumps seem to come periodically and it seems like another one is due very soon. The fact that it's listed on Binance and Bittrex, two major exchanges, also helps.
Whether it's by end of year, nobody knows. But the rule of thumb of investing in alts is that you should be prepared to hold for as long as when the next bull market comes by. Same with Lunyr.