Looking for the top 15 Altcoins for Long Term Hold, first I shared some of my history, experience and story within the cryptocurrency markets. I've been looking at these coins for a while now, these are great easy money making opportunities if you have the patience to understand how it all works, or the patience to be able to buy and hold to wait for the right time to sell for profits (follow instructions).
In my first article on this topic, we looked at Bitcoin, the King of all the cryptocurrencies, and we then moved on to some others altcoins such as Litecoin (LTC) and Ether (ETH). You can read all of the content here: Top 15 Altcoins for Long Term Hold (Part I - The First 5).
Top 15 Altcoins for Long Term Hold (Part II - The Next 5 + 11)
In the first article we saw alternative coins that had big market cap., some of these being the second and fifth biggest of all, after Bitcoin. Now, we will take a look at some alternative coins that are less "well known", they are well known but not by many people outside of the cryptocurrency markets. While basically everybody with a computer or phone has heard about Bitcoin, most of the people that know about the coins we will be visiting now are already involved in buying and selling altcoins within these markets.
Let's start by taking a look at five (5) random alternative coins (Altcoins) that are good for long term holding. To buy now that the altcoins market is bearish, so that you can sell later when the altcoins market becomes bullish (check 'Part I' for additional information on this part).
Each time a bull market cycle comes, most of the Altcoins tend to go up and challenge their all time high or even reach a new all time high. Once this period is over, most of the coins go to sleep until the conditions are right again (the market decides) for another "wave" up. We want to position ourselves now, so that when the next bull market comes we can maximize profits. We maximize profits by buying as close to the bottom as possible, to later sell all when the market is really hot.
(The following coins are in no specific order)
1. Vertcoin (VTC)
One of the main pointers for me making the choice as to which altcoins are best for long term holding, are the charts. Why you might ask? Because it doesn't really matter about the news, hype, "developers" team, etc., these factors definitely, and obviously, strongly affect the price of a coin, but for coins that have been around for a long time and are considered strong, the charts can give you very good clues as to what might happen in the future.
Look at Vertcoin for example, VTC, huge potential. December was the month when the bull market really hit its peak, pushing most of the altcoins to the top, VTC had its run pretty early, in late October and by early December it already started its decline. VTC can be one of the first coins to wake up when the next run starts.
You can aim to earn at least 3x with this coin when the next bull market starts. This is based on the last all time high. If this all time high is broken, as it normally happens with strong altcoins, then you can expect crazy earnings, as much as 3x to 7x or even more...
(Continues in the update section)