Post
Topic
Board Speculation (Altcoins)
Re: Some Alts for long run investment.
by
dg2010
on 13/07/2020, 03:32:49 UTC

As a pos coin, Dash is a great one for long term investment and ETH is definitely the best one after choosing BTC. But eth won't be able to surpass bitcoin in the current markets. In future , it may be happened because of more adoption than the adoption rate of Bitcoin. As far from the history, not only eth's price but also other altcoin's price is mainly depend on the Bitcoin's price movement. So we just need to wait for the bull run of the Bitcoin and after that we hope to see the altcoin bull run.
if you want to minimize the risk, just choose bitcoin and ethereum. maybe dash, bnb, and other popular altcoins also have potential, it's just that the risk is still too big compared to choosing bitcoin and ethereum. for this reason, I think everyone has their own reasons for choosing bitcoin and ethereum.
The entire market these days tend to be fluctuating and that might not work well for a newbie who is looking for a short term profit. A lot of them are getting scared and selling at a loss because they are yet to understand the system. Investing in either ETH or BTC has the likelihood of bringing good profit, particularly for ETH and that is because of the upcoming update.
If you invest safely, the profits you will make will be very small. The market is always changing day by day and new coins will be given more attention. In my opinion, you should plan to choose the coins outside the top 100 because those coins are very good if you know how to invest properly. I still choose to invest in BTC and ETH but only use 20% of my assets because I am no longer interested in these two coins anymore.