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
Before investing, you must consider the risks that will occur in the future, especially if you say you want to invest for the long term. As we have seen, entering the year 2021 we are surprised by two big news that hit the top coins, the first was the RIPPLE which experienced a very significant price decline, the second happened to DASH, ZEC and XMR to be removed on the bittrex exchange. It looks like a lawsuit from the SEC will partially destroy the crypto industry, So you need to do some deep research before investing.