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Topic: Be careful of alts you hodl - page 12. (Read 25095 times)

sr. member
Activity: 840
Merit: 250
July 21, 2019, 04:09:56 PM
To be honest I am surprised of this information. Now I should be even wary even with the likes of ethereum and xrp. But I hope it is not going to go down in the next few years since those two are very promising.
indeed that is what happened and we cannot be sure and in my opinion we must be more careful in choosing because at the moment the risk is very big and I think your hope is the same as the other things
sr. member
Activity: 882
Merit: 282
July 22, 2019, 05:08:28 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.
Holding some of these coins or tokens we have is take a very high risk because some of them  are not going to survive in the long term and keep holding them is going to  make you lose the whole of your investments on those coins. I remember that I invested in a coins in 2017 during the cryptocurrency boom. Today the project is dead and when it was listed in the market if I sold then I could have made huge profits then. Bitcoin and some few coins  are going to survive especially when the libra coin hit the market and that means you will lose if you hold till those coins became valueless.
jr. member
Activity: 448
Merit: 2
July 22, 2019, 04:58:06 AM
#99
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.
one thing I have always know for sure is that many of this project will die off either in the long term or short term. Soon, we will only see stronger projects with good use in the market.
sr. member
Activity: 1056
Merit: 251
July 21, 2019, 02:53:03 PM
#98
You need to be very careful when choosing altcoins for long-term investments.  As for me, top altcoins are most suitable for this.  I would trust them more.
member
Activity: 574
Merit: 12
Kuvacash.com
July 22, 2019, 04:45:31 AM
#98
I think long term investors should be more concern about the subject matter because some project(s) team do not really care about their investors; which is very bad.

Investors should look out for potential projects with a real and usable products.
newbie
Activity: 24
Merit: 0
July 22, 2019, 03:29:12 AM
#97
Ever since i got blown out on some altcoins, i have decided not to follow hype but to take my time in carrying out due research on the project before joining the investors. Most investors suffer from hypes and are blinded by the promises made the team rather than go extra length to know more about the project and the team of developers.
sr. member
Activity: 1428
Merit: 251
July 22, 2019, 03:15:24 AM
#96
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.

I agree, when we choose altcoin as an investment, we must be careful. Many altcoins are not supported by a product or are supported by a strong team. Safe options for altcoin are those in the top 10 coin market because they already have products and are also traded in great value
jr. member
Activity: 140
Merit: 2
July 22, 2019, 02:22:11 AM
#95
Absolutely not all coins are worth holding just  look into the future of the coin you try to hold for the future and see it uniqueness in the upcoming years and draw your conclusions. Most coins  we hold are worthless.
jr. member
Activity: 93
Merit: 1
July 22, 2019, 01:53:30 AM
#94
Yes always, lot of scams and people cheated, for safety of your money still the best to hold main coins and some good alts.

I am focusing now on(which I always hold)

BTC
ETH
LTC


While investing some resource on alt projects that I strongly believe to be strong players in their own field later in the future

Monero
Zcash
Ebakus
sr. member
Activity: 1246
Merit: 254
Trphy.io
July 21, 2019, 11:27:35 PM
#93
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.
Can you show what the coin is, because if I noticed that the coin in the top 20 is always good for us to make a long-term investment. I believe if we choose coins in top 20 at coinmarketcap and hold it for long term Investment then we will get the profit.
full member
Activity: 1022
Merit: 100
July 21, 2019, 11:20:44 PM
#92
that's a common thing in the crypto world, some coins that die because they are no longer able to compete with new projects, but some are still surviving until now because they continue to make the latest investment in their coins, I have a few coins that are indeed quite famous in the past 2 years, but until now the token shows no improvement at all.
member
Activity: 224
Merit: 10
July 21, 2019, 04:28:56 PM
#91
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.
storiqa comes to mind,  so much hype about that project,  I thought it's gonna be a project to hold for long time, but Nigga was so wrong,  learnt some lessons from it,  never trust any coin in this space 
full member
Activity: 434
Merit: 100
July 21, 2019, 11:19:48 PM
#91
yes. It is true.
it is very difficult to predict coins for a long time.
a coin is certainly very difficult to be in the top position, especially when there are so many new coin coins. of course the competition is getting harder.
for altcoin I think it's better to set up day trades to be safer
sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
July 21, 2019, 11:12:49 PM
#90
I think it is better if we are making ourselves updated on the coins you have. If you think that that coin losses its price and can't reach your desired price, let it go and find another coin. Be a good investor and being a good investor is being updated all the time.
we have to move on from  old coins to new coins to recover our loss there.as traders we have to quicky changes strategy if something wrong happen in our portofolio.don't just hold it till its value in cheapest price.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
July 21, 2019, 02:49:02 PM
#89
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.
But there are some altcoins where exist for too long time as well so we need to find the right kind and also the reputed project team if we want to whole that token are kind for more than 2 years.
full member
Activity: 304
Merit: 100
July 21, 2019, 10:56:26 PM
#89
I think it is better if we are making ourselves updated on the coins you have. If you think that that coin losses its price and can't reach your desired price, let it go and find another coin. Be a good investor and being a good investor is being updated all the time.
member
Activity: 149
Merit: 25
July 21, 2019, 10:29:56 PM
#88
Too many people look at what the coin promises rather than the development team and actual technical information.
sr. member
Activity: 644
Merit: 250
July 21, 2019, 02:17:28 PM
#87
You should always carefully behave with new coins.  And the best of all is to simply exclude them from your wallet.  I only trust old coins.
sr. member
Activity: 2436
Merit: 343
July 21, 2019, 10:17:24 PM
#87
Yes, it may become nuisance to HODL too much Alts. If you don't want to get stressed, you should choose wisely and limit your ALTs on your portfolio. Why would you waste your time on monitoring unstable Alts. You can have from top 10 to top 20 as an option to bag.

It is a matter of our choice and I have to decline also those coins that aren't performing well even it belongs to the top 20 altcoins in the market. We have to be practical and ain't gonna be in good to hold for many years with zero percentage inclement. It is better to put some more in a single coin or two rather than of spreading into numerous coins. It'll be safe by then.
sr. member
Activity: 2366
Merit: 366
July 21, 2019, 10:14:56 PM
#86
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.

This is precisely the reason why I am trying to minimize my altcoins right now. I am also making the same constant monitoring of altcoins. And I notice that altcoins are dying as easily as they are also multiplying easily. They are replacing one another too quickly. I therefore think that HODLing of altcoins is very risky. The competition is very tight and the technology is also very fast. One huge altcoin today could be replaced tomorrow.
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