Quote from: Henrobakkara on Today at 04:32:53 PM

Quote from: bounceback on Today at 03:38:42 PM

Quote from: Editbar on October 10, 2022, 02:11:05 PM

This is important especially at this point in the market because we are so low already with the prices of cryptocurrencies however the old saying is if we go down 80 nothing is stopping us from going down another 80 so we want to identify the best times to be buying altcoins for those longer-term swing trades

Buying old coins? so I think only bitcoin is the only old coin that is worth buying and making it a long-term investment because if we look so far only bitcoin can provide large returns for us when the bull market comes, last year I bought some LiteCoin coins (LTC) at a price of around $350 when the market was experiencing an upward trend and hoped that the coin could benefit me but after making a purchase with it suddenly the market collapsed until now so that I had to experience a decrease in half the value of my total portfolio.

I am ok with the Bitcoin investment for the long term but I don't agree that Bitcoin is the only old coin worth buying for the long term, however, would have bought BNB over Litecoin because, over time, I have noticed that BNB also recovers in price quicker than most other Alts. So when it comes to investing for future profits, BNB is my top 2 with Bitcoin and Ethereum.

Actually, if we can do research and analysis properly, we will find some old coins that are suitable for investment choices. As you said not only is
Bitcoin a good old coin for long term investment, there are some old coins which are also good for long term investment. Like Ethereum, BNB,
XRP and LTC are actually on the list of profitable long-term investments. But because in recent years LTC's performance has been declining,
I don't recommend investing in large amounts of LTC. Likewise with XRP, since XRP has had problems with the SEC, it is a bit risky if we invest
in XRP in large amounts. Our main focus if we want long-term investment in old coins, I highly recommend buying BTC, ETH and BNB. Because
the three old coins have shown a fairly stable performance and tend to continue to rise in recent years, so it will be very profitable to hold long-term
in the three old coins.