Alts for long term investment

in cryptocurrency •  7 years ago 

Long term investments: GNT, STEEM, UBQ, Gulden, Litecoin, Decred, Siacoin, Maidsafecoin

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No detailed reasons why you think they are long term investment?

litecoin has quick transaction block times and miner payout times are quicker, low total circulating supply so price could see a huge gain still, and with the bitcoin fork eminent people will be switching over to alts, decred is also a great transaction coin so that could be another safe switch from bitc. Sia could solve huge problems that could take hours in minutes so it could be great for putting to use a lot of unused computer power, by allowing people to get paid by offering up their unused part for "rent" essentially, big companies who run through large coding and data would need this in the future. Just a few for example @vladmerge

Enjoyable post Nice to see I'm not the only one who thinks like this. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need more indept investment analysis. I found this great website: https://www.coincheckup.com They researched and analyzed every tradable coin out there from a investment, team, product, transparency perspective. Really interesting.

Solid article. I was about to post a similair thread. It always surprises me how people still sell when a crypto goes down. I mean just invest in solid coins and skip the shady ones. Crypto is here to stay. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I was wondering if anyone of you uses: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. See: https://www.coincheckup.com/coins/Gulden#analysis To check Gulden Indepth analysis