Post
Topic
Board Altcoin Discussion
Re: The goodness of long-term investing in cryptocurrency
by
Rengga Jati
on 05/12/2022, 23:12:33 UTC
1. Understand what you’re investing in.
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* Less Risky - Because you have only invested in the market for the long term, You just term or hold, there's nothing to get rid of and you can't opportunities will miss out on the market because they have invested,
These two things should be closely related. Long-term holding will be less risky when we know what we are investing. We will get very worthy holding results if we only have top coins. And here, I'm just thinking about Bitcoin. And even if I want to look at altcoins, maybe only Ethereum and BNB. For other altcoins, this will be very risky, especially after the LUNA tragedy. So, know in advance whatever we invest. Don't let us do long-term holding on shit coins which will actually result in dead coins.

Crypto Criteria for Long-Term Investing
Sometimes, scam projects or shit projects also have prepared their projects to be good enough, they may be good at all of these lists. But finally, they are worth nothing after several periods. If we are investing in the next projects, nothing will guarantee although they always promise high profits. We cannot trust them 100% because sometimes, too-good-to-be-true projects are also worrying.