People often ask me, “We are spot traders. Please suggest some good coins that we can hold for the long term.”
My answer is that if you are truly a spot trader and can hold your investments for 6 months to 1 year, you should focus on top coins like $BTC , #ETH , and #BNB .
These are established cryptocurrencies, unlike coins such as $IRYS or $BIRB which can experience sudden pumps followed by sharp crashes.
Let’s look at the top coins:
Bitcoin is in a very attractive price zone. If you buy here and hold, it could potentially cross $90K or even $100K in the coming months.
Ethereums is also a promising coin and is currently trading near a strong support zone. Buying and holding it could potentially lead to a move above $3K in the coming months.
BNB is Binance’s native coin, and I believe Binance has strong reasons to support its ecosystem. BNB is personally my favorite coin. I am holding it myself, and I believe it could potentially cross $1K in the coming months.
These are my suggestions for anyone looking to hold crypto for the long term. If you are a long-term holder, consider buying these coins and then be patient for the next few months.
As for futures trading, it can also be profitable if you follow proper risk management. You can trade smaller coins, including altcoins, and potentially make good profits, but always remember that the risks are much higher.
Always DYOR and manage your risk, and never invest more than you can afford to lose.
#Hua_BNB
My answer is that if you are truly a spot trader and can hold your investments for 6 months to 1 year, you should focus on top coins like $BTC , #ETH , and #BNB .
These are established cryptocurrencies, unlike coins such as $IRYS or $BIRB which can experience sudden pumps followed by sharp crashes.
Let’s look at the top coins:
Bitcoin is in a very attractive price zone. If you buy here and hold, it could potentially cross $90K or even $100K in the coming months.
Ethereums is also a promising coin and is currently trading near a strong support zone. Buying and holding it could potentially lead to a move above $3K in the coming months.
BNB is Binance’s native coin, and I believe Binance has strong reasons to support its ecosystem. BNB is personally my favorite coin. I am holding it myself, and I believe it could potentially cross $1K in the coming months.
These are my suggestions for anyone looking to hold crypto for the long term. If you are a long-term holder, consider buying these coins and then be patient for the next few months.
As for futures trading, it can also be profitable if you follow proper risk management. You can trade smaller coins, including altcoins, and potentially make good profits, but always remember that the risks are much higher.
Always DYOR and manage your risk, and never invest more than you can afford to lose.
#Hua_BNB
