Topic: Don't just hold your altcoins for a long time! - page 9. (Read 1411 times)
It depends on different altcoins. If you hold the top altcoins in this market, it will surely be profitable in the long term. But if you hold altcoins in addition to the top 50 coinmarketcap, the altcoins will likely die or lack volume in the long term because every day we will have better new projects to replace them.
Don't hold some good but random altcoins for a long time. If you still want to hold then don't leave their telegram group or other social accounts, check updates on a regular basis. Because if you just hold and keep it in a wallet for 2 years then who knows after 2 years your coin's value may turn into zero value, because of the swap!
I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
That's very unfortunate. But you are here in the forum every time, the team should have update the ANN thread they created here for all to know about the updates. This is also something of the teams responsibility, shouldn't they have the perpetual swapping?
I have hold some coins too which there is an update to Bitfence Honeypot (HYN) which right now is bittrix and this time they are also migrating to EOS platform from ETH. The old projects are waking up
The title of the thread does not give a good caption of the OP post, however. Its a well written post which will help every coins holder especially long time holders. It might not be applicable to ethereum and some top coins because their updates will be everywhere. The way things change now is too quick and some of the CEOs dont disseminate information efficiently, so its important to stay in the telegram as long as you hold their coins.
Using blockfolio you can't miss out any useful news about the coins you are holding, I have been able to keep track of my portfolio using blockfolio, with this app you will always stay updated without missing any useful news
This happened to me and I really regret that I have too much confidence that I would gain a good profit through my holdings in time without exerting too much effort. I wish I have checked on my holdings' telegram so I got updated but I already lost the opportunity of earning through it. That's a lesson learned for most of us.
This is the common mistake of long term holders, they don't give enough effort to keep an eye on their investment which is too simple to do.Holding for a long time is also risky since updates like this one might happen. There are also few instances that they change contract addresses that's why keeping an eye on our investment should be done.
I think it was done by the developer to continue to force users to keep turning their coins. We know coins can continue to live from supply transactions. so when you defend it for almost 2 years it's quite a long time that should have helped the development of the coin.
Holding altcoins for a longer term is disastrous, many have lose their wealth on altcoins. Although am not a good investor of altcoins, but have invested much in some altcoins which later landed me in loose. Am now very caution of how long I have to hold my altcoins before sell. This singular act have ruin a friend life in 2017. He invested in one project then hoped that it profit yield positive, but the rivers was the case as he run at lost. I don't hodl altcoins on a long-term.
I lost many coins because of swap things!
There's no perfect strategy, reduce fees is the right answer. You should have plan with safety tools, such as stop loss and money management, if you have it I believe your lost will reduce. I think you need fix your swap strategy because I don't see safety in there. Keep learning and always choose bitcoin for long term period strategy.
This happened to me and I really regret that I have too much confidence that I would gain a good profit through my holdings in time without exerting too much effort. I wish I have checked on my holdings' telegram so I got updated but I already lost the opportunity of earning through it. That's a lesson learned for most of us.
Holding altcoins in a long term is good as long as you are 100% sure for the coins you hold for a long time dude.
The only risk or problem I see with it is that when hold the wrong coins in the long term. It means, in the end it will be a waste
of time only for hold em in a long term. So, we should be wise in choosing or investing altcoin in the market.
The only risk or problem I see with it is that when hold the wrong coins in the long term. It means, in the end it will be a waste
of time only for hold em in a long term. So, we should be wise in choosing or investing altcoin in the market.
Taking profits at the right time is good, but I think for some quality altcoins with use-case are good to hold in the long-term.
The problem here is the picking of those projects with use cases. Not much have these and even major coin listed are just traded without any use case. Take for example Binance. Not all tokens there have use cases. They say Binance listed only good one but I doubt that all of them are good. Some are just laid to get listed so better avoid trusting all altcoins listed not every project is good.
Maybe you are right but I am not willing to sell altcoin which in my opinion is not the time to sell, I mean I have not gotten enough profit from that altcoin even though I got it from a bounty campaign. Maybe it's too naive to expect a lot, but I'm still waiting for the altcoin season to occur again. 
if we have faith to our coin or token from bounties campaign, we could hold it for long time till all roadmap finished developted. i know just holding could not maximize our profit, but when we sell it on wrong moment it could be big mistake for us. i am ever felt this, when i sell my coin suddenly its price continue rising alot. altcoin season will coming soon , and hopefully our assets value could increase alot. 
I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
If you have invested in something then it is your duty to keep track of it. I am not here to support INS team or agree to the terms on which INS is swapping but as far as I have seen the team is working non stop and the implementation of the product in real life is possible. They dont want people to dump their token in the hype of "Mainnet", I guess they have a point there.
Many teams are doing lots of stuff in either delaying or deceiving the investors to hold them to the project. Swapping and holding of INS might prove profitable.
Don't hold some good but random altcoins for a long time. If you still want to hold then don't leave their telegram group or other social accounts, check updates on a regular basis. Because if you just hold and keep it in a wallet for 2 years then who knows after 2 years your coin's value may turn into zero value, because of the swap!
I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
One day I heard someone saying he can't hold altcoins again or mostly new altcoins, then I asked why and his reply was, due to swapping. Many people have lost their assets all as a result of swapping hence I don't blame people who tend to stick to top altcoins to avoid unnecessary stories. The team will always clamour, holding but when you hold , swapping takes place and if you weren't informed, that's it. At the same time, it then shows that any coin you are holding, ensure to always visit the telegram group for updates, and if you are a type that want to hold for very long time, then go for top altcoins.
Maybe you are right but I am not willing to sell altcoin which in my opinion is not the time to sell, I mean I have not gotten enough profit from that altcoin even though I got it from a bounty campaign. Maybe it's too naive to expect a lot, but I'm still waiting for the altcoin season to occur again.
Investing in altcoins can be a bit complex, because you don't know the new altcoin that will scam and you don't know the old alt that will eventually lambo. The fear is always there so the temptation to always hold and buy more when it looks saved. New alctoins sometimes dump their project to create market awareness then will later dump to its original value or even below.
Either way, risk was and will always be associated with regards to investing in crypto space, and in real life too. You just have to pick among the potential altcoins were the best thing to root in. The catch here is that, sometimes, the one you put on high hopes turns to go on an opposite direction. Thus, supposedly the short term holding became the longer one having the same expectation that sooner, when the right time comes it would have at least a decent price, though unworthy of the time you invest with it. ~~~
Market volatility is normal for all types of cryptocurrency. Until now the price of altcoin continues to follow the movements of bitcoin prices, but without the development of the developer, I am sure there isnt much demand in the market. Holding potential altcoin I think is not a bad thing to do because this potential altcoin is an investment instrument suitable for the long term. I like the top 10 altcoins in cmc for long-term investment, I hope you like it too.
In this kind of situation, you should be responsible when you are holding a coin. Whether it is one of the top altcoins or not.
Not because the coin that you are holding is very low, doesn't mean that you will just leave it behind for years.
Keeping yourself updated for the project is a must, it is your responsibility to avoid getting your investment put to waste.
Not because the coin that you are holding is very low, doesn't mean that you will just leave it behind for years.
Keeping yourself updated for the project is a must, it is your responsibility to avoid getting your investment put to waste.
~~~
Market volatility is normal for all types of cryptocurrency. Until now the price of altcoin continues to follow the movements of bitcoin prices, but without the development of the developer, I am sure there isnt much demand in the market. Holding potential altcoin I think is not a bad thing to do because this potential altcoin is an investment instrument suitable for the long term. I like the top 10 altcoins in cmc for long-term investment, I hope you like it too.
Investing in altcoins can be a bit complex, because you don't know the new altcoin that will scam and you don't know the old alt that will eventually lambo. The fear is always there so the temptation to always hold and buy more when it looks saved. New alctoins sometimes dump their project to create market awareness then will later dump to its original value or even below.
Don't hold some good but random altcoins for a long time. If you still want to hold then don't leave their telegram group or other social accounts, check updates on a regular basis. Because if you just hold and keep it in a wallet for 2 years then who knows after 2 years your coin's value may turn into zero value, because of the swap!
I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
I completely agree especially if you are holding an altcoins that have no strong reputation yet like it is not listed as top 20 or top 50 in coinmarketcap as there is a big risk that the price of the altcoins that you are holding will turned to nothing. I lost many coins because of swap things! Recently Insolar is swapping their token, I did not know about it, because I have been holding for two years but did not care enough as the price was very low! Today I was checking the Coinmarketap android app and saw Insolar coin increased by 530% but their ticker is XNS when I knew it was INS! So, I joined their telegram and get the updates about the swap! Unfortunately, If I fail to swap on time then all of the value of my holding coins will be zero! So, except Bitcoin, Ethereum, don't trust any coin for just buy and hold for a long time, rather keep updating yourself!
This will happen once the team will abandon the project or their marketing is not moving so their demand continues to shrink instead of growing. Monitoring them regularly is very important even if you cannot do it daily then find a time to monitor them even in weekly basis so you will not loss that big if the prices will continue to decrease.
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