Post
Topic
Board Speculation (Altcoins)
Re: Buying for a long term.
by
Chachacoin17
on 28/05/2019, 09:07:58 UTC
For long term i will invest on ethereum, i think is the only who can bring some profit and even if market drop ethereum will not drop so much as other altcoins.
Seriously, I guess not. Ethereum like other altcoin too, its price will fall drastically if there is comes a crash. Look at the ATH in 2017, $1400 is the ATH at that time and its price fall below $150 when the crash came. So, it's same with other altcoin because the investor of cryptocurrency has the same perspective when decide to buy, sell and hold.

Yes, anything can happen in the market due to a huge fluctuation in 2018, makes the altcoin prices to decrease their value in the market. Which at one case we have seen the price of ETH has fallen below the price to 90$. So we might see an even higher trend in the current situation in the coming days.

I'm sure the 2019 trend will be better than 2018, the number of scam projects makes 2018 the worst year, my crypto assets drop from $ 8,000 to only $ 520, and now it rises again to $ 2200 hopefully the market continues to improve.

 The market may brought high volatilization, still many of us are positive and confident that this current pump wil continue to grow persistently profitable. Bull trend occurence will difinitely show by the right time and what we had witnessed recently is a good step beyond thrive, just widened our patience and hold moreover untill we reach the desirable peak.