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Topic: Be careful of alts you hodl (Read 25120 times)

copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
August 02, 2019, 10:42:52 PM
So many red in the street of crypto now as btc is pushing up again and if on hold any bad alts at the moment , then the person is gone for a good with all his funds as they are surging in USD but dumping in btc value, why so many will not even see the light of the day any more.
member
Activity: 714
Merit: 14
August 02, 2019, 07:50:48 PM
Of course, it is good to stay cautious especially on the type of coins an investor holds. Not all the altcoins are capable of surviving on the market because some of the coins may lack what it takes for a coin to succeed. An investor must pay attention to the various factors responsible for the success of a coin before deciding to hold.
full member
Activity: 602
Merit: 111
August 02, 2019, 01:34:02 PM
I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.
yes you are right in many times the gold currency can not perform well for long time so that everybody needs to aware and make the clear mindset about how long we need to hold and how their ability is these are the things will decides the value of the currency
full member
Activity: 1498
Merit: 146
August 02, 2019, 01:33:04 PM
I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.
yes really true we need to be more careful in this type of situation when the Crypto market not very well and holding is very difficult in this situation because our mindset will change in each and every situation while the value is not going well 1 days sometimes a value not also we cannot do with the so be careful on what we are investing
sr. member
Activity: 1078
Merit: 256
August 02, 2019, 11:20:10 AM
now only coins that are potentially and truly maintained by a team that can be top of the coinmarketcap. because now there are many coins left and become junk coins and removed from many exchanges. so before making long-term hold, you should be more careful in choosing the altcoin
That's right before engaging to any long term project you need to learn more about the future of the coins, it's hard and very tough but once
you find the right coin to invest then you'll get a huge benefits as there's always a good chance for the projects to bounce up and make things
better just needs to wait and make things better again inside the market.

hero member
Activity: 1470
Merit: 504
August 02, 2019, 11:19:49 AM
It is true ,there are too many coins from suspisious projects on the market, I prefer investing my money only in solid projects with a honest CEO and a good team.
If we can, we should stay away from projects that don't yet have so much trust because this is very risky. and also the trading volume is still low because there are currently so many projects like this and in the end have experienced a substantial price decline
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
August 02, 2019, 08:50:31 AM
now only coins that are potentially and truly maintained by a team that can be top of the coinmarketcap. because now there are many coins left and become junk coins and removed from many exchanges. so before making long-term hold, you should be more careful in choosing the altcoin
sr. member
Activity: 939
Merit: 256
August 02, 2019, 07:56:12 AM
the long term in crypto for me is just BITCOIN apart from that there is absolutely no investment for me in the long run.
Not only BTC. ETH, LTC, XLM, NEO ... these are the best altcoin and it will grow with BTC. In my assessment, in this market in the next 5-10 years, only a few altcoin will be truly alive. And they are altcoin in the current top 10
jr. member
Activity: 188
Merit: 1
August 02, 2019, 04:35:13 AM
Yes, holding Altcoin that has the ability to learn about Altcoin must be strong, keep it up-to-date every day, long-term holding is a tough dose for every Hold when not understanding the Altcoin. unsafe, sell them as soon as possible, thank you for your good advice.
hero member
Activity: 888
Merit: 500
August 02, 2019, 03:22:57 AM
Some projects really surprise me as to how they turn out to be shit within a very short time. We need to be very careful with the coins we hold, if you don't believe much in a project, convert the coin to a more stable one instead of holding a coin that will turn out to be shit.

Sometimes some projects will quickly fall sharply after being pumped after listed exchange. And then some traders not holders did not escape big losses as they suddenly dropped sharply, making them invisible to become holders.  Cheesy
sr. member
Activity: 1876
Merit: 259
August 02, 2019, 02:59:18 AM
the long term in crypto for me is just BITCOIN apart from that there is absolutely no investment for me in the long run.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
July 31, 2019, 03:14:01 PM
This is absolutely true. We have to be extremely careful with the altcoins we choose to hold for long term as many will be dead after a long time. Be very sure the team is capable and devoted to ensure the project vision is achieved and also check the development progress. If there is no development  for long, it's a red flag.
full member
Activity: 406
Merit: 101
July 31, 2019, 02:58:10 PM
To be honest; I regret hodling most of my altcoins for long. They should be sold as soon a possible.

I spent weeks studying each of the altcoins I hodl, even going as far as identifying use cases. They all seemed prospective solid team and idea, but just take a look at CMC.
You need to choose the right projects for long-term investments and for short periods.  It is very important you are right.  You can overdo it and lose everything.
sr. member
Activity: 1078
Merit: 256
July 31, 2019, 11:56:54 AM
You should not keep more than ~25% from your holdings in altcoins.

Crypto market is cyclical, bull and bear periods will come, but overall altcoins will not behave better than Btc on longterm.
You need to keep your assessment continuously there's always a cycle and if you able to work with it, holding can still be good for your investment, it's the timing that needs to learned in order to be able to be compensated, with every moves that you take and every decisions that you will going to choose, you need to be careful not to be trapped it's your obligations to keep trying to benefits with you assets.
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
July 31, 2019, 11:23:56 AM
I do not dare to hold a new coin with a very long time, if the price in my opinion is good, I immediately sell. I have a few coins dead because I hold too long.
full member
Activity: 546
Merit: 100
simply getting the job done
July 31, 2019, 10:39:09 AM
I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.
for altcoin I think there is no obligation to hold long-term holdings. because right now it's better to hold altcoins that have the potential to be like ethereum, so when holding a hold I think I have to be more careful than getting a big loss.
Not all altcoins are good for the long term. especially for projects that are just finished in the sale of the IEO or ICO. it's better to invest in altcoins that are clearly visible on the market than the new altcoins listed on the market. there is still a lot that will happen, there is even the possibility that the team will disappear and the project will be stopped.
full member
Activity: 812
Merit: 100
July 31, 2019, 10:36:10 AM
I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.
for altcoin I think there is no obligation to hold long-term holdings. because right now it's better to hold altcoins that have the potential to be like ethereum, so when holding a hold I think I have to be more careful than getting a big loss.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 31, 2019, 03:37:31 AM
Beejng careful is just an understatement. I don't hold coins now unless I see something valuable about the project that will make me hold such coin. The only coijn I can confidently and comfortably hold is Bitcoin or Ethereum. I can remember holding a coin that uptil today is my biggest regret.
investment problems with any digital currency, of course, confidence and patience are very necessary capital and as investors must be able to take advantage of every opportunity that will be obtained in investing with our chosen coins.
With every chosen coins we take we need to fully believe that the market will move forward even if it's already experiencing a tragic fall there's still a good sign that it will bounce back because of the usage that it's going to deliver, choosing project accordingly will give you enough patience to wait and make things still possible to work and keep yourself on hold, you have to be precise that you are willing to take the risk waiting.
jr. member
Activity: 1162
Merit: 1
Base.protocol
July 31, 2019, 01:24:29 AM
You just said it all. Always check where the community are and the kind of discussion going on. Some projects really don't worth your headache.
sr. member
Activity: 1036
Merit: 250
August 09, 2019, 04:19:29 PM
In my opinion, the cryptocurrency market is so risky and unpredictable that the most correct strategy is to make a profit for short periods of time. In the long run, many tokens can change their position in the rating lists several times or disappear altogether.
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