Post
Topic
Board Speculation (Altcoins)
Merits 1 from 1 user
Re: Long Term Investment Suggestion
by
Fredomago
on 21/10/2021, 15:05:32 UTC
⭐ Merited by LUCKMCFLY (1)
At the moment I would bet in the long term for LUNA, it is one of the currencies that is giving the best performance, according to cointelegraph its analysts have this short-term analysis:



Quote
The LUNA/USDT pair could now rise to $45.01 where the bears are likely to offer a stiff resistance. If the price turns down from this level but rebounds off the breakout level at $39.75, it will suggest that bulls have the upper hand.
Source: https://cointelegraph.com/news/price-analysis-10-20-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

The price is very good to enter, I think that if the BTC market continues to rise we can reach a good ath for part of this currency, it is what can be observed when seeing the volume.

I see your point, Luna is being traded inside top exchange and with how this coin performed, there are lots of potential that it will create a good hypes, better to invest if you are willing to take the risk and if you really capable of handling whatever the cycle or correction that will take along the way, do your DYOR and allow yourself to keep digging with the project that you are aiming to invest with.



Well since it was a long term investment, BTC and ETH even though have very expensive transaction fees and cost to invest, still stand above of the rest cryptocurrencies. You looking for something to hold for the long term, not something for daily trade or use, remember?

No wonder as there are still lots of people and supporters who buy and hold these two assets, still many investors who believes that BTC and ETH are the most profitable assets in the long run.