What is the Best Cryptocurrency to Hold?

[james9n]

Hi Steemit,

Just wondering what cryptocurrency should I hold to, beside Steem of course :D

Any Idea? 

Comments

[absy107]

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

[james9n]

Hi @absy107, LIR definitely looks promising with the dividends. Thanks for letting me know :)

[blockchainbug]

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..

[james9n]

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.

[blockchainbug]

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.

[james9n]

@blockchainbug, this is very informative, thank you so much :)