Topic: Be careful of alts you hodl - page 2. (Read 25110 times)
Definitely. That's why its important to know the kind of alternative coins you are investing. Don't follow the hype and crowd and regret later. Research about the particular coin you want to invest.
I remember coins which were hot a few years ago like blackcoin and earthcoin. Gladly I sold all my altcoins on time. there are just way too much altcoins to pick out the right ones.
for altcoin it must be a little careful because the hype at the beginning is painful, especially if we are too sure to make them a long-term investment, I myself often get stuck because I can't compare the proper alt and the improper alt.
The risk of each altcoin holder is a dump, you should be more careful with bitcoin price movements.
because the price of altcoin is determined by the issue and demand for bitcoin.
at least you have a target buy, sell.
because the price of altcoin is determined by the issue and demand for bitcoin.
at least you have a target buy, sell.
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.
don't hold altcoin too long ... because many altcoins can't grow properly so many altcoins are lost in market turnover ... moreover you've been holding altcoins since 2013 ... this is a very long time to hold altcoin ... especially altcoin that doesn't have good growth and doesn't have a consistent developer in launching the latest products from the projects they have developed .. so be carefully of alt you hodl..
Alts are not for long term my opinion. You take a profit from a alt, you move to next. If you are not a trader, risker then stay with bitcoin. Safer but slower profit.
No Risk, No Gain!
No Risk, No Gain!
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.
Of course, you should always be careful, especially when it comes to investments. And investments in cryptocurrencies are even more risky, so soberly weigh all the risks. You need to hold only promising coins of projects that have already established themselves in the market. Unfortunately, many altcoins are weak projects with a weak idea, so their life cycle will be short.
Point is, how do we know the tokens to hold or not hold? The market is full of surprises because sometimes the projects you think will underperform starts doing good. So I my opinion this is a hard decision to make
I was only lucky with long-term investment. Since then, I began to invest more money in this direction, but so far, luck is not on my side. I have been storing some tokens for more than a year and so far the price for them is less than the price at which I bought them.
Therefore, you should choose and research altcoin you need to invest. But I think choosing altcoin to invest is always a wise decision when investing long term. Be careful in selecting altcoin, check carefully. 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.
If we look at it since the advent of the altcoin. There are most altcoins that are dead, but there are also high altcoin prices. I think the altcoin that we hold must have influence for the future. Suppose that altcoin creates a blockchain, market, etc.
so you need to be vigilant and also be careful before making a decision by investing in the long term and to minimize the risk you need to invest with potential altcoin like ethereum or even better it is highly recommended with bitcoin.
I couldn't agree more. I've started following and getting altcoins last 2017 but I am not sure where they are now 
I don't even know if they are still trading. Seems like I've threw away my investment by joining the hype that year, I loss all my hopes after BTC and altcoins value dropped. Anyway, I am trying to revive my love for crypto now but probably I'll just focus on one or two coins, so it won't hurt me like before 
I don't even know if they are still trading. Seems like I've threw away my investment by joining the hype that year, I loss all my hopes after BTC and altcoins value dropped. Anyway, I am trying to revive my love for crypto now but probably I'll just focus on one or two coins, so it won't hurt me like before 
When we hold a coin then we will immediately continue to monitor price developments, well when ROI has increased very high, of course we must make a sale first before buying it again to save it for the long term, so by doing so the risk of losing assets is very small because if we see it from 2013 until now there are indeed some tokens that have lost their ATH moment so they are very difficult to get back up especially because there are many new tokens.
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 is the law of nature, new projects overlap. Better, stronger will replace old projects. And also because it is the tactical change of sharks, they no longer collect and push old coins, so it dies slowly. In order to earn money in the crypto market, you need to adapt to this, and should only hodl the top 20 coins because it is harder to die than the garbage coins.
This is exactly why you need to be selective with your altcoins, because 70 percent of all altcoins that are now on CMC will not overcome the next five years. Try to think about perspective of those tokens and not about profits of tomorrow.
I was only lucky with long-term investment. Since then, I began to invest more money in this direction, but so far, luck is not on my side. I have been storing some tokens for more than a year and so far the price for them is less than the price at which I bought them.
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 couldn't agree more. After ICOs, some of them are just gone. That is why I only hold a few coins belonged to the top 10 in market cap and hold more Bitcoins. Because I trust Bitcoin that will last when everything is backing out, these new coins, even they are a good one eventually die because they do not have strong dedication for their project to succeed.
The crypto ecosystem is full of unexpected surprises in terms of instant increase in the market value of altcoins. But I think it is advisable to hodl altcoins with good market cap and volume. Such coins have a lot of potential of increasing their market value...
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.
You always need to know when to sell and for what purpose , and then with any coin you can stay in the eternal investor , as the market is very strong and fast changing , and coins in the top as well.
Of course, if you are a holder, you should always look at your investment or monitor market conditions. otherwise you won't know when to sell or keep holding with your coins.
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