Topic: Do we really need to hold altcoins - page 2. (Read 2351 times)
Our main task is to invest in the right altcoins that will survive and not disappear as 90 percent. I would advise to invest in Red Pulse, Apex, Refereum
from my 1 year experience on the crypto currency. i always keep alt only. alt is very good investment compare to btc. if we need to invest on btc , we have invest lot of. but in alt we can start with little money. if you find potential alts you are rich.
these days my picks are
PRL
ZIL
SENC
these days my picks are
PRL
ZIL
SENC
Yes its probably true that investing into altcoins can be more profitable compared to bitcoin, because of the cheaper price of altcoins. But it's truly difficult to find a good and reliable altcoins that you can trust in investing your money for a long period of time, it really takes a lot of time in researching and reviewing of there project before you find a good and reliable altcoin that you can trust, unlike in bitcoin that is already proven and tested by so many investors from this forum.
The situation of the market is slowly gaining the momentum, so it is good to hold the coins until the price starts increasing. In the mean time, people who hold the coins will always get benefits with the increased price of all altcoins.
The final decision will be yours , if you do not want to hold your bitcoin or anything it's your choice and no one can dectate you.
Make sure that your decision have wise decision like doing any reseach because you don't do that maybe you will failed in the future.
Make sure that your decision have wise decision like doing any reseach because you don't do that maybe you will failed in the future.
It's right that altcoins rely on bitcoin price movements. But you can make daytrading by altcoins and increase your bitcoin amount.
Bitcoin affects altcoin prices because when you trade altcoins, you buy bitcoin first or ethereum most of the time. You have the option to be safe and just hold bitcoin because it is the most likely coin that will last for a long time but if you wanted to increase the amount of bitcoin you hold then it would be better to buy altcoin and then sell it if its bitcoin value increase. There is no need to hold altcoins but it is a great way to increase your bitcoin or for some ethereum holdings.
It's right that altcoins rely on bitcoin price movements. But you can make daytrading by altcoins and increase your bitcoin amount.
There's many potential alts, for me it's okay to hold alts. But i don't want to hold alts If it can not give me some profit what i need. Beside that, i think they are more fast recovering than the bitcoins.
Yes we really need to hold alts but let me explain something. It is obviously clear that there are more than 1500 coins/tokens and they all can be called altcoins. If hold alts just aim top 100-200 cmc, others for speculation reasons only!
I think that investments will have a better result for us than daily trading. By investing, we provide security for ourselves, in the sense that when trading, we can lose more, especially if there is no experience. 
Yes we really need to hold alts but let me explain something. It is obviously clear that there are more than 1500 coins/tokens and they all can be called altcoins. If hold alts just aim top 100-200 cmc, others for speculation reasons only!
Crypto currency is a very risky investment. That's why you have to make a decision about whether you are ready to take risks or not. After all, no one will give you a guarantee that your investments will give you a profit.
I see. As what my co member has told me regarding this matter,altcoins is not a must to hold. Crypto is created with a number of purposes it's either necessary or necessity. According to him, if you intend to hold for a very long period of time it may result to frustration however,if you have this mind set of being quick and happy go lucky ability then you can sell at your best. It doesn't matter. And,I believe that both are profitable.
Crypto currency is a very risky investment. That's why you have to make a decision about whether you are ready to take risks or not. After all, no one will give you a guarantee that your investments will give you a profit.
it depends to the altcoin that you are holding.. its better to hold a altcoin that has a great future.. all you need to do is to do some research and observation about your altcoin that you are holding.. be wise and be observant
Yes, altcoins can be a pretty promising option for investment. Many coins now have a promising development concept, so it's worth choosing the right option from time to 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?
Yes, of course, we still need to hold some Altcoin that has good potential for the future. Yes, although I know that Bitcoin cannot be matched by other coins we also should not focus on just one coin.
actually, I think holding or selling depend on which coins we bought. If it has a good team and product, you should hold until its product is made instead of selling it. You can get big profit
Agree. If BTC falls, then all the altcoins price falls and when BTC rise, then all the altcoins will rice. Bitcoin is the mother of all altcoins and the price trend directly impacts the other altcoins and what ever they are popular or potentially good also they will react to the movement of Bitcoin price. The crypto market is trending in such a way and this is what happens all the time.
if we are expecting profits from long time then we should hold coins we should nt sell the coins in loss we should feel panic when the market is in downtrend better to buy at dips and sell in profit
Some alts have value that can be grow with time. But I know alts that we can forget forever and not need it. That's why it's right to decide what we hold and what sell without doubt
I think that half of your fund should be allocated for investments and purchase of BTC. And the second half of the funds is better distributed among several reliable altcoins.
i agree, our investment should always be kept in 2 part: one for Bitcoin and one for other altcoins, because bitcoin has already popular for long time so the profit can be less than altcoins, thay is why we choose to invest in altcoins instead, w can easily earn profit from rising of an new altcoin and easily get double or tripple the amount of money we invested, so having both bitcoin and altcoins is really important. 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?
Theories and values as well as the market effect are relativistic. It can happen nice and effectively with these people. but compared to others is the opposite. At times, because altcoins are quite cheap and gain more attention. Therefore, you can keep altcoin to grow better profits.Jump to: