Post
Topic
Board Altcoin Discussion
Re: I'm sure altcoins will pump if we hold long
by
freedomgo
on 23/10/2021, 18:18:38 UTC
I agree with your statement, storing Altcoins for a long time will make a person Rich by earning huge profits. but not everyone is able to do it except those who have excess money.
Those who have more money will also not be able to do it if their patience is not enough and not big, because it can only be done by those who have enough patience and also enough capital for it, and one more thing is that not all Altcoins can provide great benefits even if it has been held for a long time.

true, of course not all altcoins can give someone a lot of advantages.
Of course, altcoins that can provide benefits for their holders are altcoins that have uses for the future. Usually I myself will rely on the performance of the developer and, Team, And study the project roadmap if I want to hold an Altcoin.
That is why investing and holding altcoins is a big challenge for us because not all altcoins really are good for long term holding. Its a lot different from bitcoin wherein as long as you hold it for long term, you'll definitely earn huge profits in the future. But with altcoins, you need to invest in those well established altcoins that have real use cases so that its demand will never stop and will continue to increase, and if it happens, then expect that its value too will always increase and would give you huge profits after holding it for long term.