Quote from: hamba laeh on Today at 06:55:55 PM

Quote from: tokyohd on October 19, 2021, 06:43:29 AM

We all know that long term investment in Bitcoin is reasonable but how reasonable do you think long term investment in Altcoins is?
I think long-term investment in Altcoins is full of risks but short time investment is more profitable. Do you agree with me?

I agree if bitcoin as a long term investment. but I don't agree that investing in altcoins is full of risks. because all coins have risks. so to minimize risk, we must be able to choose altcoins that have the potential to increase in the future and can be used as long-term investments. and don't make the mistake of choosing altcoins as a long-term investment, because many altcoins live only temporarily.

For the long term holding altcoin is surely risky. you can take profit from altcoin by holding short term there is no problem, But if you holding altcoin for the long term then no doubt you will lose your capital at some point. If you take Ethereum as example of altcoin and say that all altcoin is like Ethereum then it will be purely wrong. Ethereum is performing well in this bullrun but till now a maximum of alt's are in below from their previous ATH. There are not enough fundamental supports on altcoin, that's why most of them (ex:BCH, NEO, XLM...) are failed to break their previous ATH.