Post
Topic
Board Speculation (Altcoins)
Re: Investing for the long term in an altcoin is good idea?
by
LARSBAK
on 19/08/2018, 23:28:19 UTC
Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.

Is it a good approach to stay invested for long term in the altcoin space?

not all altcoins are suitable for long-term investments, I think altcoins at low prices are more suitable for short-term investments. Altcoin that can be used for long-term investment is ethereum.