Post
Topic
Board Altcoin Discussion
Re: Investing in cryptocurrency but which altcoins is good for long term holding?
by
Shallow
on 05/01/2021, 07:02:17 UTC
Hi Guys i am planning to buy Bitcoin and few altcoins for long term holding. I want to hold at least two altcoins from my list. Can you guys suggest me it is safe to buy below altcoin for long term holding? Which Altcoin is your favourite and currently holding??

My Altcoins list: Bitcoin Cash, Ethereum, Litecoin, Zcash, Dash and Monero


It just feels like most times, it is good to just stick to few altcoins for long term and others for just short term, when I say short term I refer to Ethereum or Litecoin and when I say short term I refer to the whole lot in the crypto space. Now looking at a case scenario, XRP is facing a serious issue with SEC which no one knows what the outcome will be and on the other hand, many privacy coins are facing delisting from exchanges thus making their future somewhat uncertain. So to be sincere, if you want to consider holding for long term, then stick to Ethereum, at least to a great extent it has proven to be a decentralized and transparent platform. If you want to go for more, then take a look at Litecoin as well.