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 absolutely agree with you. Historical data of Coinmarketcap also proves this statistically. Data for 2013:
https://coinmarketcap.com/historical/20130519/Only Litecoin survived. Others have disappeared. Very bad news for long-term investors of the coins in this table... Data for 2015:
https://coinmarketcap.com/historical/20150111/ On the other hand, it is an indisputable fact that the right projects make good profits. Projects such as Litecoin, Doge, XLM have made good gains for early investors.
I think it's a risky investment. The number of losers is greater. Making the right investment is not easy. A quick profit and exit is a better option.