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RE: What is the Best Cryptocurrency to Hold?
it very much depends on your personal situation. how much do you have to deploy, short and long term objectives, knowledge of particular coin etc..
it very much depends on your personal situation. how much do you have to deploy, short and long term objectives, knowledge of particular coin etc..
Hi, Thanks for responding, I am actually looking at long term objectives, such as one to five years. As for knowledge, I think I am just a newbie who has just experimented with bitcoin and dogecoin.
as a long term investment you should be looking at 5-10 years. so you need to do research yourself to assess which coin can survive this long, or rank coins by probability that could survive. :) if you plan to speculate, then any coin will do as speculation usually ends up same for all - loss. to sum up, leave it alone if you don't plan to spend significant time for research. otherwise, take sum of money that you can totally lose, put it in a highest survival probability coin and leave it for few years.
@blockchainbug, this is very informative, thank you so much :)