Topic: Do we really need to hold altcoins - page 14. (Read 2351 times)
withhold or not altcoin that we have. it depends on the circumstances of the situation merket gan. if I had an altcoin I would have kept it. because now the price is already improving. but according to the news I read .in June the altcoin price is likely to be much more expensive when compared to the current price ..
yes the conversation is indeed better to hold BTC because all altcoin still follow btc but i this year tried to hold Ethereum and do sales if there is free time
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
It is true, most of altcoin rely on the price of bitcoin, but still not all the people can afford to buy a single bitcoin but it is a different story for altcoins you can purchase many even though you're not releasing thousands of dollars. And also take note not all altcoins rely on bitcoin there are also circumstances that Altcoin increase even though bitcoin is not increasing its price.
It depends on your investing personality. Bitcoin rises after good news, altcoins rise after great rumors about development. Most altcoins have underdeveloped/unfinished codes so potential is higher with investing.
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
It is true. The altcoin price depends heavily on bitcoin. If bitcoin falls then the altcoin price will be much lower, but if bitcoin rises altcoin prices will follow but can not boost bitcoin. Holding bitcoin will be more profitable.
If these are good coins, then it is better to hold them. If not, then I see no reason to hold them. Better immediately sell.
actually if we want to invest with altcoin or bitcoin sell and hold it is necessary to do. at this time if you want to invest with altcoin pretty good, not just investing bitcoin try altcoin also good.
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
Most people just trade altcoins to accumulate for bitcoin but I really think that a lot of alts have an original purpose, something that simply bitcoin can't do.
Especially the ones created specifically for one purpose (for example look at supercomputers, sonm, golem, xel and rlc)
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
Altcoin is quite high risk, but if we can choose altcoin correctly then we can get a great profit. Utilizing the action of dump and pump can make us gain profit, it is actually more to a strategy because with a good strategy then we will be able to produce something satisfactory. 
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
Not necesary because if you already earn a good profit for that then you can sell your tokens anytime you like. I am a long term trader but if i see that i have a good profit already in my tokens i would sell haft of them and take my capital then my profit will hold for a long term. Holding is the best and easy and also low risk in crypto trading thats why pro traders usualy recomend hold.
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
Yup we need to hold strong Altcoins.entire crypto depends upon BTC,when BTC increases Altcoins increases and vice versa.I am holding those coins which are based on solid project and have great potential to grow exponentially.in my crypto portfolio I have ETH a high profile altcoins and now a days growing,I will hold it for long time.other Altcoins which are presently undervalued and will grow tremendously are also part of my crypto basket like ADA,NEO,MIOTA,EOS.
It all depends because for me altcoins have two categories, those major coins that is good for long term holding like what we do to bitcoin while the other altcoins are just for day trading. By separating those altcoins you will know which are belong to major coins and they are ethereum, bitcoin cash and other known altcoins that are on top of the market as of today. And if you are a day trader I know you have idea what are those coins that's good just for short term investment and not for holding for a long time.
it is true alt price depends on bitcoin, if you have a lot of money you can use it for bitcoin investment but if you have little money, you can use it to buy altcoin and if you want a long term investment then dogecoin is a good investment and has great potential with very low price less than one dollar.
I think if you really believe in the altcoin and the project, then yes, hodl.
If not, then you can try to trade and exchange for more profit.
If not, then you can try to trade and exchange for more profit.
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
Yes, you are right but I think altcoin can give you multiple times of profit even if it relies on BTC.
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
we don't really need to hold coins but because we want to earn profit we want to hold altcoins. well it is true that altcoins are dependent to bitcoin but there are altcoins that give you more profit by holding them. altcoins give more options which can give you more profit if you choose the right one.
It depends on you it's your own free will wether you don't want or invest in alts. There's many potential altcoins so for me it's okay to hold alts, I myself holding alts and I can say it's worth holding for.
nobody can deny the fact that if bitcoin falls, altcoin will fall too and some of them will fall even bigger.
so the real question is why do some people think if they hold altcoins they are diversifying? diversification is true only when you are investing in something that does not rely on the same thing you have already invested in.
on top of it investing for long term is only good if you are investing in something that has a real future not speculative one. altcoins are pure speculation and because of that their future is very risky.
so the real question is why do some people think if they hold altcoins they are diversifying? diversification is true only when you are investing in something that does not rely on the same thing you have already invested in.
on top of it investing for long term is only good if you are investing in something that has a real future not speculative one. altcoins are pure speculation and because of that their future is very risky.
I respect her opinion but what I see is that there are some altcoins that have more usage than bitcoin and they have the potential to grow in the future. My conclusion is that its ideal to hold bitcoin and other good altcoins.
Someone told me it is better to hold btc rather than altcoins that she doesn't see any reason why people hold altcoin. She noticed altcoins rely heavily on btc that whenever btc fall they also fall with btc. What is your take on this?
Depends on the altcoin of course. I think the top 10 or so coins are definitely worth holding.
The more small and volatile coins, you might try trading those or shorting
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