Post
Topic
Board Speculation (Altcoins)
Re: Existing/established altcoins or new ones?
by
kawetsriyanto
on 02/04/2024, 21:17:17 UTC
Will it be the existing altcoins or the new ones which will give more profits? I mean would you go with coins like SOL, INJ, ETH and BNB or some recent projects like JUP, BONK for upcoming bull run?
It depends on the goal. For the long term investment, I prefer to hold established altcoins because it will be quite safe to a long time. Moreover, if the altcoins have been proven to always continue the development. It is a good reason to hold the altcoins for a long time. But if the altcoins have bad issues, I recommend to avoid holding for a long time. It is too risky if the altcoins can be delisted from the exchanges. However, for a short term holding, it is no problem to buy new altcoins. But make sure they are potential altcoins, we don't buy random new altcoins!