Well, for the past couple months or maybe the last month at least, Bitcoin has been going up like crazy. Not just Bitcoin, but also Ethereum and even Litecoin is up. Some other alt coins are up also. So the question is what coin should I hold for long term?
I did some research and I think Ethereum and Bitcoin are good for long term hold. Although Litecoin could also be, so is XRP (Ripple). However I think it’s either Bitcoin or Ethereum, Bitcoin would be my first choice and Ethereum would be second. It does not matter if you asked me, because when Bitcoin is down, most likely 99% chance Ethereum (ETH) will go up right away. When Bitcoin is up, Ethereum will most likely go down immediately, however as time go by within days or less Ethereum will catch up with Bitcoin.
The bottom line is, between Bitcoin and Ethereum is good hold for long term. Those others crypto coins will died before Bitcoin and Ethereum died. If Bitcoin and Ethereum died then most likely no cryptocoins will survive.