Post
Topic
Board Altcoin Discussion
Re: Besides BTC and ETH what coins would you invest in long term?
by
TheUltraElite
on 23/12/2021, 04:55:01 UTC
I am not talking about crap coins or coins "du jour" that are hyped today but seem to fade as time goes on
Every new coin that is coming up needs to create a hype so without saying, it is always going to be a crap coin in the end. Without the hype they would never get any social media or new media attention.

Quote
So what legit coins do you see blossoming in the future long term? i am interested in investing in them.
Bitcoin only. Bitcoin is still in its early phase and it is still cheap than what it can possibly priced in fiat currency when the minting of new bitcoins officially ends.

Just consider asking this same question back in 2010 and the answer would have been same, and you would have bought bitcoin in a large amount - how much possible profit would you have today if you did not sell all this while?

Quote
ill add another question on top of this one, is -snip- hype coins today that hot today but not tommorow?
Many projects are having a vision, but majority lack an intrinsic market making capability, a method to spend the coins but not selling them on exchanges, like a natural burn method which can drive a demand for buying and that can grow the price organically. Not being able to spend your tokens anywhere leads to an exchange stagnation.