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Topic: Be careful of alts you hodl - page 14. (Read 25120 times)

copper member
Activity: 308
Merit: 1
July 21, 2019, 11:22:53 AM
#70
Alts are more dangerous than Bitcoin when it comes to volatility and dumping, the hardest is that they hardly recover quickly after dump unlike btc, most alts are yet to get to 1/3 of their all time high while btc has done more than half and remained relatively higher above it. Hold but me smart about it.
hero member
Activity: 1694
Merit: 629
July 21, 2019, 11:20:46 AM
#69
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.

We need to do serious research on long-term investments, constantly follow the market and have a wide knowledge about our portfolio. Especially in today's market conditions, it is necessary to think very carefully that many projects have lost value in price. On the other hand, if we look at the market history, we will reach the conclusion that we should never invest in a single option with all the money. Unfortunately, there are various damage options, such as nearly 100% depreciation, the loss of tokens or coins from the market, or scam projects.
member
Activity: 341
Merit: 10
July 21, 2019, 11:20:24 AM
#68
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.
That's right. What should we do to avoid that situation? I really want to hear from you about this. I joined Crypto 2 years ago but i didn't a good player. So, Can you tell me what the tokens i should choose to buy?

Have a nice day bro!!
full member
Activity: 826
Merit: 105
July 21, 2019, 11:13:36 AM
#67
That's very common thing in this kind of market. Thousands altcoins born to replace bitcoin, and now, where are they after all
Just bitcoin standing, even eth and xrp, 3 years ago they just nothing but some shit coin, but who knows, some day there will be another coin that replace 2nd and 3rd, but 1 thing for sure, bitcoin would not be replaced so soon
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
July 21, 2019, 10:50:46 AM
#66
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.

2013 is a developing year for the Cryptocurrency, it is in its infancy and some of these are a clone of Bitcoin that cannot generate support from the community because there are too many coins coming in the market, the source code is open anyone can create their own coin.
Also to note that the market capitalization is relatively low compared to now that's why the changing of position between the alts top ranks are very common although the code for bitcoin is open source but most of the time they are just cloning bitcoin with different name.
member
Activity: 143
Merit: 10
July 21, 2019, 10:45:25 AM
#65
You are right. A lot of coins have a price only while high btc rates.
A lot of projects doesnt have real value
member
Activity: 686
Merit: 11
July 21, 2019, 09:21:53 AM
#64
That is extremely apt! Apt in the sense that we have so many  do this and end up been regarded as failures of all times. Hence,  a need to be very careful putting one's lot into any project without due diligence.
member
Activity: 658
Merit: 10
July 21, 2019, 10:30:17 AM
#64
When there is no story to save coins in the long run. But I'm sure ETH can survive. But, I hesitate to last long term. Apart from ETH coins, I did not dare to survive.
legendary
Activity: 2450
Merit: 1047
July 21, 2019, 10:23:28 AM
#63
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.

2013 is a developing year for the Cryptocurrency, it is in its infancy and some of these are a clone of Bitcoin that cannot generate support from the community because there are too many coins coming in the market, the source code is open anyone can create their own coin.
member
Activity: 448
Merit: 10
July 21, 2019, 09:05:55 AM
#62
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.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
July 21, 2019, 10:12:58 AM
#62
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 get that experience too btw. Because i hold some tokens since i join bounty campaign from first time. And it not really good at development. Maybe holder altcoins or maybe tokens for long time is not a good idea.
member
Activity: 686
Merit: 10
July 21, 2019, 09:52:37 AM
#61
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 once saved the Titanium Bar (TBAR) token for a year from the bounty. When I receive the token the price is still around $ 7,000 and I don't sell it right away because I still want to save it. After a few months, I checked the price again and it turned out to be ash. I don't know what caused it, but from this, I began to diligently check the progress of the projects that I had followed.
member
Activity: 249
Merit: 10
NeedforTurbo https://needforturbo.com/
July 21, 2019, 09:43:19 AM
#60
You are right, we have be careful to save altcoin in the long run, there are currently 2 altcoins that I have bought cardano and tron, I have researched two coins, the volume of their project concept is also very popular. I believe that holding coins long-term is very profitable
member
Activity: 483
Merit: 10
terra-credit.com
July 21, 2019, 09:41:47 AM
#59
Yes, this happens especially to low market cap coins that are not active at social media sites and github, investors are losing their patience and selling coins for very low price.
I think that what investors do is very rushed. why they sell the assets they choose for investment. they should already know how and when the project will develop. except in the plan that has been created by the developer and it turns out that the project is not running.
sr. member
Activity: 1176
Merit: 265
July 21, 2019, 09:38:02 AM
#58
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, this happens especially to low market cap coins that are not active at social media sites and github, investors are losing their patience and selling coins for very low price.
sr. member
Activity: 1582
Merit: 253
July 21, 2019, 08:02:54 AM
#57
there are coins that was in the spotlight before, but now it was abandoned and it turns out scam or devs are inactive anymore..
now there are a lot of such coins. the teams quit because they can no longer develop and instead of telling the truth to investors they just run away with money
therefore if you love the money it is better to invest in clear coins such as the top 100 coins because by choosing the coin it will not be scam or fraudulent. the problem with increasing time is that more and more coins are failing or rubbish
hero member
Activity: 983
Merit: 502
July 21, 2019, 09:33:15 AM
#57
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.
Altcoin works without a product, and without application will die. There are many altcoin that have died since I came to know this market. And it is best to find and choose which altcoin is really good and have the product and hold
full member
Activity: 1638
Merit: 122
July 21, 2019, 09:25:42 AM
#56
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 it is very regrettable and also now more and more new altcoins that can kill  the old altcoins that we already know if they do not make progress on their projects the altcoin will probably be eliminated by the new altcoin that have good inovation.

Thats almost impossible to happen  . so far i have never seen an old coin that dies because of the dominance of the newer coins  .  sure new coins can shine and if they show their worth they can remain but older coins will also remain too because they already gain reputation to the public  . only those real bad coins will come and go   . @op  , how can we be careful on the alts that we hold if we already hold a bad coin ?  Prevention is better than cure , we must prevent our self from purchasing unecesary coins because you cant do any care once you already bought them.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 20, 2019, 10:41:25 PM
#55
Altcoins which have deviated from their master plan as detailed on the roadmap is a no no for me. Also circulation supply as against the total matters to me too because it directly affects price of assets
You have to assess and make sure you fully understand things regarding the project, hold whenever you are ready to take the risk and make sure that in this waiting game you can work with time and opportunities,.
member
Activity: 672
Merit: 10
July 21, 2019, 09:11:31 AM
#55
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 it is very regrettable and also now more and more new altcoins that can kill  the old altcoins that we already know if they do not make progress on their projects the altcoin will probably be eliminated by the new altcoin that have good inovation.
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