Ninjastic
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Board Altcoin Discussion
Re: How reasonable is the long-term investment in Altcoins?
by
LaCucina
on 22/12/2021, 09:37:09 UTC
Quote from: altixz on December 21, 2021, 09:02:06 AM
Quote from: JackieAinsley on November 26, 2021, 10:36:43 PM

Now a lot of promising altcoins appear. One of the most promising direction to use altcoins is gaming. Cryptocurrency allows a lot of opportunities for gamers, here is an article about some of them https://medium.com/e-money-com/defi-gaming-platform-elfin-kingdom-to-explore-e-moneys-suite-of-stablecoins-616e66e8bf73

All altcoins are different. A lot depends on altcoins and the demand for them. First of all it is necessary to develop a project and create demand for it. If the project is useful has a developed an ecosystem and a lot of users the demand is such a project will raise and the price of the tokens will raise too.

I think that the best altcoin for investment is Ethereum because a lot of meme coins, DeFi and NFT use Ethereum blockchain.
Also now is a very popular Binance Smart Chain. It means that BNB is very prospective too.