Post
Topic
Board Altcoin Discussion
Re: The goodness of long-term investing in cryptocurrency
by
Jackl87
on 07/12/2022, 21:28:13 UTC
Good day to all the community here in this forum, Do you want to know why cryptocurrencies are good for long-term investment? Why is it okay to invest in the long-term and what are the strategies and criteria to choose cryptos that we can invest in?

Thanks for your write up. That really contained a lot of information especially for people that are new to this space. I have always been the long term hodler type of crypto investor, even though i know that you can make more profit if you are actively trading, but this also automatically means that you can also make way more mistakes and the chances that you are losing your investment completely is way higher than if you just buy and hold for a longer time. I think that the current market conditions are good to invest into projects that are already established because now you get them for like 1/5th of the price that we had to pay a year ago or so.