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.
"Marijuana enhances our mind in a way that enables us to take a different perspective from 'high up', to see and evaluate our own lives and the lives of others in a privileged way. Maybe this euphoric and elevating feeling of the ability to step outside the box and to look at life's patterns from this high perspective is the inspiration behind the slang term "high" itself." -- Sebastian Marincolo
I would say LIR , letitride coin . See their official thread , you will know the support it has .
https://bitcointalk.org/index.php?topic=1511021.0
Hi @absy107, LIR definitely looks promising with the dividends. Thanks for letting me know :)
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 :)
"Marijuana enhances our mind in a way that enables us to take a different perspective from 'high up', to see and evaluate our own lives and the lives of others in a privileged way. Maybe this euphoric and elevating feeling of the ability to step outside the box and to look at life's patterns from this high perspective is the inspiration behind the slang term "high" itself." -- Sebastian Marincolo