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Topic: All you can do is hold your ALTs for a few years - page 2. (Read 39392 times)

legendary
Activity: 1890
Merit: 1003
depending on your strategy, if you do have a source of income from other places and don't really need money in the near future you can save it for the long term. but in my opinion it's not very useful when pump / dump happens you can get a profit in a short time if you are reliable.
Looks like right attitude. The potential of some altcoins are unqestionable but it doesn't make sense to go all in with lifetime savings. The possibility of getting rich decreases every day, so better to keep risk management.
sr. member
Activity: 1876
Merit: 259
keep hold is not the right choice anymore if the altcoin we invest is not in the top 10 CMC.
there is a time we have to cut losses and take risks to trade because not all altcoins have a good future.
member
Activity: 476
Merit: 10
Before the current rise of the market simply did not make sense to sell most altcoins because the price was very low. Altcoins are all different and among them there are many hopeless who can not make a profit. To keep all the coins in a row is not very reasonable.
jr. member
Activity: 448
Merit: 5
yes, it's a very good idea to hold your altcoins for a few years because I'm sure that over time the value of your coin holds bigger so I'm also sure that you earn more here.
full member
Activity: 1148
Merit: 116
Anyone who is interested in long term holding must find other source of income to survive for years to come ,I'm fully into crypto which many called a bad idea but I have my way around it ,most times long term holding brings better profits only if you choose your altcoins more wisely because many altcoins won't be around for years to come
full member
Activity: 1554
Merit: 101
depending on your strategy, if you do have a source of income from other places and don't really need money in the near future you can save it for the long term. but in my opinion it's not very useful when pump / dump happens you can get a profit in a short time if you are reliable.
jr. member
Activity: 262
Merit: 2
I will never do that for holding my altcoins for such a long time that there is no guarantee that you will earn a lot because of altcoins now falling and not recovering better if you sell your altcoins immediately when you rise its price to make a big profit.
full member
Activity: 966
Merit: 111
I have actually been patient with the altcoins in my portfolio. Most of them have gone below 90% of ICO price but I still believe that the coins will give me profit in as much as am still holding the coin.
If there is no increase in altcoin for too long you have of course you have to think again to sell it. Because, if it doesn't have the potential to increase, you can't just trust. Because the time that will determine the altcoin is appropriate or not for you to endure until now
full member
Activity: 672
Merit: 100
I have actually been patient with the altcoins in my portfolio. Most of them have gone below 90% of ICO price but I still believe that the coins will give me profit in as much as am still holding the coin.
sr. member
Activity: 1988
Merit: 275
No, I prefer to buy alts and sell within month, then select another coin and get profit again. long term isn't for me anymore.
Only top 10 crypto is appropriate for a long term, but not shitcoins

Crap coins are not really for long-term investments. If you will hold onto it like a prized possession, you will end up broke and distress in life. Short-term trading with most of the alts will give you good returns if you know the strategies in trading.

I think the OP's mindset have changed by now because most alts without purpose have been dead already. Very few keep on struggling even with great developers.
sr. member
Activity: 2338
Merit: 365
If you haven't already sold your ALTs simply hold if your project is decent. If the project has no future sell and buy into a decent project. This is all you can do to recover your loss without putting in more money. It will probably take a couple of years to recover your loss!

Some ALTs will never recover from this crash!

It is an ugly situation!
I am doing this, HOLD some coins that have not been exchanged, hoping that the next few years can be exchanged.  although it is very heavy, this is the best decision that can be done at this time.
sr. member
Activity: 1456
Merit: 253
Margin Trader
No, I prefer to buy alts and sell within month, then select another coin and get profit again. long term isn't for me anymore.
Only top 10 crypto is appropriate for a long term, but not shitcoins
member
Activity: 798
Merit: 38
The idea of holding altcoins for many years might be quite risky. Although, it is a good idea which can profit one a lot.
Then sometimes, a project team might be very slow with their milestones, so it is better to just waiting that case, until the major part of the milestone that will pump the price has been actualized.
jr. member
Activity: 420
Merit: 3
Most of the times, people find it difficult to identify projects that have the possibility of lasting long enough to hold and by that, will not give it a second thought before dumping.
I have been holding some altcoins now for more than two years, yet nothing positive is coming out from them.
sr. member
Activity: 987
Merit: 254
Do you remember Fantom project? So I believe that VRA token can repeat their success Smiley And CZ added VRAB on Binance DEX for swapping. This is the first ever time in the history. So definitely the guys are unique

Wow, sounds extremely interesting and attractive, thanks a lot for sharing. Will definitely need to explore more about Verasity, so far more than impressed

Binance has brought a lot of value to all of the first projects it has ever undertaken. verasity will be one of them again. it seems to make sense to invest a little at this point.
newbie
Activity: 84
Merit: 0
Do you remember Fantom project? So I believe that VRA token can repeat their success Smiley And CZ added VRAB on Binance DEX for swapping. This is the first ever time in the history. So definitely the guys are unique

Wow, sounds extremely interesting and attractive, thanks a lot for sharing. Will definitely need to explore more about Verasity, so far more than impressed
newbie
Activity: 98
Merit: 0
With what exactly? Can you please provide more details on the records they break? Connected with exchanges?

Do you remember Fantom project? So I believe that VRA token can repeat their success Smiley And CZ added VRAB on Binance DEX for swapping. This is the first ever time in the history. So definitely the guys are unique
newbie
Activity: 84
Merit: 0
Verasity is a disruptive video sharing platform designed to pivot the online video ecosystem by enabling a direct and transparent relationship between viewers, content creators and advertisers. And they already have a fully working platform + active users. And yeah, it is very widely dicsussed these days cause the guys are breaking records Wink

With what exactly? Can you please provide more details on the records they break? Connected with exchanges?
newbie
Activity: 98
Merit: 0
Verasity? Hmm, sounds very familiar, isn't it a VRA token? Seems that I have seen VRA many many times lately. Why is it so in demand? What is the platform about?

Verasity is a disruptive video sharing platform designed to pivot the online video ecosystem by enabling a direct and transparent relationship between viewers, content creators and advertisers. And they already have a fully working platform + active users. And yeah, it is very widely dicsussed these days cause the guys are breaking records Wink
newbie
Activity: 84
Merit: 0
Agree with you. But talking about me, additionally, I look at the value product brings. Kinda can it already be used and how can users benefit from using it. Cause this is also about prospects. For example, have you heard of Verasity project, widely discussed these days?

Verasity? Hmm, sounds very familiar, isn't it a VRA token? Seems that I have seen VRA many many times lately. Why is it so in demand? What is the platform about?
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