Topic: Holding Altcoins can get you Rekt - page 10. (Read 1107 times)
It's not simply because holding altcoin, the thing that makes your investment jumping down is because you just keep the coin without looking at market condition, of the coin, or even cryptocurrency and investment market in general. Obviously you can't hold any coin forever not even bitcoin, eventually when you see a good price you have to sell it.
I like to focus on top coins in the coinmarketcap. Because the top coins have a huge potential to reach the market when Bitcoin get stable. There are a lot of coins in the coinmarketcap. But you need to choose good coins with own research.
Often times I read various posts of people/traders/investors preaching HODLing some altcoins for years and so on thus I took some to research on altcoins 3years and guess what? Most of the altcoins in 2016 are no more to found anymore. You can take a deep look as well via https://coinmarketcap.com/historical/20160103/
My candid advise is to trade with the five senses intact and not with emotions. Don't get on some shitcoins with the intention to hold for years else you might get rekt.
My candid advise is to trade with the five senses intact and not with emotions. Don't get on some shitcoins with the intention to hold for years else you might get rekt.
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