Topic: Holding Altar coins seems foolish ? (Read 533 times)
The best time is to invest in altcoins before bullrun of cryptocurrency. Now is the best to invest in top coin or trading with top coin. Before bullrun top coin price will up until this, you can trade. Now holding altcoins is seems to be a foolish.
I was scratching my head thinking what the heck is ALTAR coin?
And then I tried search and found again a thread which this OP had written before this one which is this https://bitcointalksearch.org/topic/now-i-want-to-buy-some-kind-of-alternate-coinswhat-kind-of-coins-can-i-buy-5178510
I was actually thinking this is a coin which the Catholics are using
Its a bit too late to sell them now. You might just keep them and wait will the market turns good again.same thoughts here.lol
never encountered altar coin. So he meant alt coin by this post.
most of the altcoins are not worth your time and effort. reading their title thread alone will give you hint where the project is heading
based from my experience, very few altcoins are worth to hodl. tbh, I only trust BTC for long term hodling
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.You need to truly understand what it means to hold in a benefiting manner. Although, it has its own risk, but it is more beneficial. There are lots of altcoins, apart from the top ones, that have been yielding a lot to investors. If you want me to mention them, I can do that and there are more in that line, mist especially with upcoming profits.
It is not really foolish to hold alt. The only foolish thing I see is buying a worthless alt at high price. Some alt are very profitable while majority can reck you and send you to village. The only alt I personally like holding is BNB and eth out side this two token the rest is a no no for me.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.
It was necessary to fix losses earlier. But I think that you need to once again analyze your portfolio and understand what altcoins should be kept on, and which are already doomed. And some of them are better translating into bitcoin.
Hey, that’s a pity. Maybe you should reconsider your trading strategy? It’s easy to lose track of things as life spins too fast these days.
It is not all altcoins that are not good to hold for long. I will say it depends on which type of altcoin you are holding and the value that the coin carries. We may not be able to conclude that all altcoins are bad because there are still good ones among them. One of the things I think is very important is to know the value and future prospects of altcoins we want to trade with before investing into them. Though this season is not really good for majority of altcoins, but one can still benefit from good ones if they are discovered. Holding of altcoin is not a bad idea if the coins are good value .
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited. I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.So I just thinking the safes way to invest in altcoins only short term investment even when I took investing in an IEO I always choose short term investment even when its token has listed on the exchange which is mean the IEO event is come to an end I'll sell them immediately although I got a small profit such 2x return of investment but I always be greatfull of it.
what do you mean by altar coins ? is that a new kind of crypto ? or that is only a typo and you mean to say altcoins ? you said you have an investment but you also mention the word trading , im confuse on your position tbh . if your a short term trading , you shouldnt go for altcoins because they are less volatile than btc . btc is the best for short term trader/trading . whenever you hold coins you loose because maybe you pick the wrong altcoins or you dont know how to timed your moves . in order to get rid of it you must practice on how to trade/invest and you need to study if what cryptos are good for investing and trading .
How long do you keep it, I think many people are not clearly distinguish between trade and hold, if hold then you should take into account the long term and should not check the value of the assets you hold often.
Holding altcoins is not foolish but it depends on the altcoins you hold. It's good to understand that taking risk of investment without proper due diligence is wrong, but taking calculated risk is cool. It's not about having many altcoins on your portfolio, what I normally do is that, I select very few altcoins with huge potentials and hold with peace of mind. Even if they dump, there is still hope of uptrend since the project development for such coin will be great.
Get rid of what exactly? Your cheap coin or your tendency to lose whenever you hold a coin? I guess you should simply stop investing in coins just for the monetary gains . This will make you to always research for quality rather than be greedy. I bet most investors would fail if you ask them what the projects they are interested in aim to achieve, how they will go about achieving the goals and how viable are the goals.
Most altcoins are not suitable for long-term investments. You should make long-term investments in bitcoin, and short-term investments in altcoins. Following these rules you can earn money, but you should choose the right coins for investment.
Long term investment for Bitcoin will always be a good choice when you are involved in this market. Holding Alts is very risky, and you need to be optimistic when you place your money after doing your research. It will add more potentials to succeed whatever coin you support. It's a matter of how well you plan everything before dealing with this industry.Make yourself comfortable in each project that you're going to invest your money to. It's not foolishness if you have broader knowledge about the project to work with.
I think you choose wrong altcoin to invest, oneday i failed same as you, i learned to choose the altcoin carefully, some altcoin may provide a profit.
Only after a while we can understand whether it made sense to keep altcoins or not. For example, I doubt that some altcoins will bring me profit, but I take risks and keep most of the altcoins that I consider promising. Some altcoins keep buying until their price is very low.
Just make sure to hold altcoin for short term only and play long term with bitcoin and this is the best decision.
I have ever experienced like you too when i was holding coin it goes down so hard but when i sold it and it was going to the moon
I wouldn't say no but, holding altcoins for a long-term to me looks great but this has to be a promise altcoins and not some random scam projects we have seen recently. Some few years back, I hold some altcoins utill last year before I sold out my portfolio with little profit, but at least I made some profits. The most profitable long-term investment I have seen in this industry is Bitcoin, for one to make reasonable profit on long-term investment bitcoin is the best. This industry need Patience for one not to regret at last. I have ever experienced like you too when i was holding coin it goes down so hard but when i sold it and it was going to the moon
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.first, what did you mean by altar coins, is this a kind of altcoin ? if yes, please show me a link to this coin
or did you mean altcoin ? because i never heard about this coin buddy
if you mean altcoin, i think its better for you to hodl only a solid and good altcoin project, such as ethereum and BNB
Pretty sure he meant altcoins, not altar coins. And if it's a solid project, I agree, might as well hold at these prices. It could be worth it to diversify, put some money into bitar coin too.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.first, what did you mean by altar coins, is this a kind of altcoin ? if yes, please show me a link to this coin
or did you mean altcoin ? because i never heard about this coin buddy
if you mean altcoin, i think its better for you to hodl only a solid and good altcoin project, such as ethereum and BNB
I'm also holding some altar coins myself, thees however were tokens I got from bounty campaigns. I think I fall inlove to it sadly they didn't fall for me. The profit would have been enormous that I can buy a lot of things, I thought its foolish to sell its during that time since I think the market will eventually shift to bull. I never though this will take more than years. I guess we're all left to hold these altarcoins.
I believe bitcoin will back to 19000 one day, so i hold bitcoin for that day, sometimes i buy bitcoins but most my invest in btc.
i think current marketing is really bad but its the chance of baging some strong alts.like ADA,BNB,LINK,DROP and etc.
but also i think you should do your own research about market.
but also i think you should do your own research about market.
Yes it's foolishness to an extent holding alter coins. Every time there's market shake out, alter coins suffer loss. Holding alter coins isn't foolishness in all round it turns out good sometimes.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.What the hell is Altar coins? or do you mean alternative coins, or altcoin for short?
Anyways, what can you except to hold those coins. We are still in the bearish market and it's really hard to make money with this kind of trend. Unless you are a experience trader and really knows how shorting really is. Although it is still hard to short altcoins to begin with.
Of course there are ways to get rid of it by dumping your altcoins. How long have been holding though? Most holders here takes years to hold their coin and wait for the price of it to go in a upward trend before dumping.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.It is very simple to say that you do not do research before deciding on what to hold. Even if you cannot do that by yourself, you might have a friend who knows how to make good choices, perhaps due to his experience or knowledge of crypto. Then gradually, you might learn how to get them done in the process.
Also, when you make mistakes, try to learn from them. They might be useful in future.
Well i have different opinion as i think selling at such low prices or near bottom is foolish approach and rather it is time to buy and accumulate more of serious alt coins as it will average out and give you more profit when bulls will take over the market but make sure you pick high quality alts only with active development teams and proven reputation.
That's probably the way to go. Most alts are at or close to their all-time lows in relation to btc pairings. Unless we are talking about moving to a better opportunity and taking a minor loss, probably now isn't the best time to sell.
Exception being if we are talking about junk. If it's some 500-1000+ rated coin with no development and some ridiculous real world use, and hardly any volume, then it might be time to just take the loss and move to something else. But even there, ideally time it right so it's as minimal a loss as possible.
It should be alternative coins = alt coins.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.
Well i have different opinion as i think selling at such low prices or near bottom is foolish approach and rather it is time to buy and accumulate more of serious alt coins as it will average out and give you more profit when bulls will take over the market but make sure you pick high quality alts only with active development teams and proven reputation.
Holding altcoins is not foolish as you have said because am a fan of altcoins and toll now I have made a significant profit from my investment. Altcoins holding is not like our normal investment, ensure to invest on a long-term basis than on a short-term. I think the reason behind your failing in altcoins investment is because you do that on short-term basis.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.
I was scratching my head thinking what the heck is ALTAR coin?
And then I tried search and found again a thread which this OP had written before this one which is this https://bitcointalksearch.org/topic/now-i-want-to-buy-some-kind-of-alternate-coinswhat-kind-of-coins-can-i-buy-5178510
I was actually thinking this is a coin which the Catholics are using
Its a bit too late to sell them now. You might just keep them and wait will the market turns good again.Lol same here, the first thing I saw when I search altar coins is the currency in Idle heroes. Anyways, almost all altcoins continous to bleed for more than a year now. There are some that were pumped but it was short lived and goes back to bleeding again. I believe, if you are in a losing position, hodl is a better option as long as the altcoin have a solid team of developer, huge community and active trades. If not and it has idle volume then the best thing is just sell them and forget about your loses, move on and learn from your experience. Do your thorough research next time you buy another altcoin.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.It depends on where you have invested. If you have invested in BTC, you wont regret. I guess same might be applicable for ETH, ADA, TRON, DASH, LTC etc.. Rest all is like gambling.
I was scratching my head thinking what the heck is ALTAR coin?
And then I tried search and found again a thread which this OP had written before this one which is this https://bitcointalksearch.org/topic/now-i-want-to-buy-some-kind-of-alternate-coinswhat-kind-of-coins-can-i-buy-5178510
I was actually thinking this is a coin which the Catholics are using
Its a bit too late to sell them now. You might just keep them and wait will the market turns good again.I had no idea what he was referring to either, then just assumed he meant alt coins in general.
Careful with that Catholic coin idea -- never know, it's just ridiculous enough for someone here to actually make it. Donate to the church using Altar coin! Automatic 10% tithing POS + free rosary beads with every masternode!
Holding of altcoin is a better option to earn profit. You need to analysis fully before to inverse your money in altcoin. Some of the less potential altcoin also available in the market. You should not get to it.You need to inverse in good altcoin like ETH, to get more profit from it.You can earn double the profit it ETH ,if you hold it for long term .
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.Just decide on where you would able to take advantage as long you can get greens then you are doing well.
Just make sure to hold altcoin for short term only and play long term with bitcoin and this is the best decision.
I have ever experienced like you too when i was holding coin it goes down so hard but when i sold it and it was going to the moon
I have ever experienced like you too when i was holding coin it goes down so hard but when i sold it and it was going to the moon
I was scratching my head thinking what the heck is ALTAR coin?
And then I tried search and found again a thread which this OP had written before this one which is this https://bitcointalksearch.org/topic/now-i-want-to-buy-some-kind-of-alternate-coinswhat-kind-of-coins-can-i-buy-5178510
I was actually thinking this is a coin which the Catholics are using
Its a bit too late to sell them now. You might just keep them and wait will the market turns good again.
Kind of a weird thread ... alts now are in an obvious bear market, so trying to play them short term for profit can be tricky. There is no set mindset of 'hold alts short-term' only though. Look at 2017/18, if you use that mindset back then you'd lose out on like 10x profits. That was then, this is now, however ... same rules won't apply if all you do is look at things short-term.
Anyway, if the OP's goal is to get some quick profits during a week or two, crypto probably isn't for him, or at least alts aren't. But if he's at a big loss, I wouldn't suggest he sell either, as all that does is lock in the loss.
Depends on what coins he holds and if there is at least potential profit there eventually. If it's a garbage coin then I'd say consider taking the loss, if a decent alt, consider riding it out.
Anyway, if the OP's goal is to get some quick profits during a week or two, crypto probably isn't for him, or at least alts aren't. But if he's at a big loss, I wouldn't suggest he sell either, as all that does is lock in the loss.
Depends on what coins he holds and if there is at least potential profit there eventually. If it's a garbage coin then I'd say consider taking the loss, if a decent alt, consider riding it out.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited.
It caused by you are buying your coin at the wrong timing. Remember this when you are trying to buy an asset and make sure you are getting it when it was getting dumped so hard. But it looks like this time the market is more difficult to predict caused by the bitcoin impact can't be avoided and even there was huge news come and it doesn't even give a little pump to the altcoins.
Just make sure to hold altcoin for short term only and play long term with bitcoin and this is the best decision.
I have ever experienced like you too when i was holding coin it goes down so hard but when i sold it and it was going to the moon.
Just make sure to hold altcoin for short term only and play long term with bitcoin and this is the best decision.
I have ever experienced like you too when i was holding coin it goes down so hard but when i sold it and it was going to the moon.
I had some investment. What I understand in a short period of trading.Altar coins are foolish to hold long.Whenever I hold coins, I lose.Is there any way to get rid of it? If you know please be benefited. Jump to: