Holding Altcoins can get you Rekt - page 4.

mickey_miner

sr. member

Activity: 910

Merit: 250

Proof-of-Stake Blockchain Network

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

This is quite a normal situation, the same thing happens with ordinary companies. The most important goal is to find a project that will not close and will develop for many years and will bring its investors a large profit.

irixo10

full member

Activity: 1078

Merit: 104

GoMeat - Digitalizing Meat Stores - ICO

You are right, certainly right and can't be disputed; many of these altcoins are no where to be found and the worst is that, many are also getting worthless with each passing day. Holding is good actually, but holding coins without carrying out a little study to know if it's worth it or not is totally bad. Also, you made striking point and that is, most people hold or trade with emotion and it has done more harm than good to them. In addition, most people also hold because someone told them to, but the person won't be quick to tell them when to sell. Holding most altcoins nowadays is bad, we should all endeavour to be careful and know when to let go.

pant-79

hero member

Activity: 994

Merit: 502

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

I agree! Most especially the shitcoins which can reduce your thousands of dollars to hundreds in minutes. More so, over 70 percent of top 100 coins on coinmarketcap have tanked from its ico price at the moment. Now imagine of you are a holder which bought during ICO.

posi

hero member

Activity: 2268

Merit: 579

Vave.com - Crypto Casino

Quote from: Zich on September 27, 2019, 11:22:29 PM

Holding any coin or token will make you REKT if you buy it on Top. Analyze the market then find best moment to buy LOW

Despite the fact that the altcoin market is highly manipulated I still dont believe that holding altcoin can get ones rekt because the last time I checked all altcoin doesn't have the same concept, potentials, trade volume, and innovation. Besides, the only thing that can make ones rekt is not knowing the right features to look out for before selecting an altcoin.

passwordnow

hero member

Activity: 3108

Merit: 577

Leading Crypto Sports Betting & Casino Platform

I still think that few altcoins are good for investing. The wrong insight of many altcoin investors is that the coin that they recently bought is going to the moon without thinking that the coin they've just invested isn't really good because they didn't research about it.
And by thinking that price would be as like as bitcoin is very wrong, consider the supply of that token and other things like volume, developers and usecase.

FaucetKING

sr. member

Activity: 1246

Merit: 306

Of course holding non sense coins/tokens will make you lose and get "rekt" sometimes. Just go to any cryptocurrency exchange and look at the amount of the shitcoins being traded there, peoples still believe in "Buy wait sell" way, it's old i think. That doesn't mean that it doesn't work ... it does work but you must be lucky and you must at least have some knowledge. Don't just buy 100 Btc and invest them in a coin that you felt like it will fly, lol, you'll get rekt. Instead, be wise and take a look on the graphs/roadmaps.

janedt

sr. member

Activity: 430

Merit: 250

true dat is why i only holding top 10 altcoins like ltc eth xrp bnb doge and more i hold these coins bcos its more safety compared by other new altcoins if you hold a new altcoins you prepare to get rekt because new altcoins can get rekt easily

Bagani

member

Activity: 375

Merit: 18

send & receive money instantly,w/out hidden costs

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

I don't like the idea at all, holding altcoins will get you rekt if you pick some shitcoins but if you deeply research about the projects that have usecases that will benefit in the long run then I must say that it will not get you rekt. Imagine if you hold top altcoins when they are just starting up. Imagine you are holding ETH,EOS and NEO in they're early days, too much profit on your side.

voltesbit777

sr. member

Activity: 910

Merit: 251

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

Now is 2019, altcoins now has a big difference compared to 2016 from that time up to now there are new potential coins that has been added in the market already. And I feel you also, but not all altcoins are shit, especially now if you are going to search it first will find out and discover if that coins is potential or not. Moreover, if you are going to hold a coin for a years I suggest you to hold Ethereum, Bitcoin, Xem, Eos, Waves. Never hold an altcoin that has no good volume and don't have any promising in the future.

barnes13

hero member

Activity: 1274

Merit: 521

7enius - Your Cryptocurrency Marketing Consultant

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

Not all altcoin is shitcoin. So you need choose wisely to invest your money on it. Do with your own research. There are still many projects that are serious about building projects and dedicating themselves to achieving their goals. Abandoned projects are if the project does not develop at all. So all projects must be transparent about the progress they are working on to inform investors and their communities.

alicea

hero member

Activity: 1050

Merit: 501

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

Trading with emotion can be your one-way ticket to getting rekt. HODLing can sometimes be good but it's always a good idea to put a stop-loss and take-profit on investment.

Cheesus

sr. member

Activity: 692

Merit: 254

terra-credit.com

Holding altcoins for a long time is not a good idea anymore. Invest in the early phase, if you get enough profit to sell them and buy Bitcoin. Most of the altcoins have no future at all because they have no use cases! Though we have some great altcoins like NEO, BNB, XLM, LTC and some others but we have to be aware of new altcoin investing!

hashman

legendary

Activity: 1264

Merit: 1008

Holding altcoins can get you REKT or can make you Rich.
No need to go back far away from 2017. If you invested on right altcoins at the beginning of 2017, you could get your financial freedom at the end of 2017.
In a year you could win more than you need in your entire life.
Btw if you invested on “right” altcoins at the beginning of 2018, and hold them strictly, you would be totally REKT ☹️

Zich

legendary

Activity: 1190

Merit: 1000

Holding any coin or token will make you REKT if you buy it on Top. Analyze the market then find best moment to buy LOW

awik p

full member

Activity: 1526

Merit: 111

Pepemo.vip

Quote from: shimbark123 on September 27, 2019, 11:16:57 PM

The logic is not good. So this means that if you hold bitcoin, it can get you rekt? No. This is not it. I remember hodling ADA and somehow it bloomed and made me good profit. Made me 800 dollars that time. Did that made me rekt?? I just included btc on my statement since it has the same risk as investing in altcoins.

That's why, it's wise being wise in trading crypto.

both bitcoin and altcoin, I think it's the same in reacting to it, but altcoin has bigger fluctuations and smaller market capitalization than bitcoin, so if we can take advantage of opportunities, I think we will win. and of course it requires a more thorough analysis

shimbark123

sr. member

Activity: 574

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

The logic is not good. So this means that if you hold bitcoin, it can get you rekt? No. This is not it. I remember hodling ADA and somehow it bloomed and made me good profit. Made me 800 dollars that time. Did that made me rekt?? I just included btc on my statement since it has the same risk as investing in altcoins.

That's why, it's wise being wise in trading crypto.

J1mb0

hero member

Activity: 983

Merit: 502

I usually focus on the top 20 currencies in the market, which are good and reputable projects. The focus on large altcoin projects on the market helps me avoid risks and lose money.
Some altcoins that I am currently investing in are:
ETH
BNB
LTC

meliodas

sr. member

Activity: 742

Merit: 329

CryptoTalk.Org - Get Paid for every Post!

Quote from: 19Nov16 on September 27, 2019, 06:18:17 PM

Quote from: litepool.ru on September 27, 2019, 05:45:16 PM

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

If you want to hold altcoin for a long time, you need to choose carefully because it will probably die at any time. I myself never hold altcoin for a long time. Only BTC or ETH

That's right, I'm regret because there are too many hold altcoins and many have died because they prove to be a scam, for the long term surely hold top 25 is the best choice.

Even holding the top 25 altcoins in the market is not a guaranteed investment. Most of the altcoins that are going into that ranking is based on hype and you should not follow the hype because most of the time, when the hype is over then the price of the altcoin will start to go down. It is better if you will invest some time to investigate and do some research to check if the altcoin is worth it to hold for long term investment.

19Nov16

sr. member

Activity: 1722

Merit: 252

Quote from: litepool.ru on September 27, 2019, 05:45:16 PM

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

If you want to hold altcoin for a long time, you need to choose carefully because it will probably die at any time. I myself never hold altcoin for a long time. Only BTC or ETH

That's right, I'm regret because there are too many hold altcoins and many have died because they prove to be a scam, for the long term surely hold top 25 is the best choice.

litepool.ru

full member

Activity: 531

Merit: 100

Quote from: Ashes4Beauty on September 18, 2019, 12:39:57 AM

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.

If you want to hold altcoin for a long time, you need to choose carefully because it will probably die at any time. I myself never hold altcoin for a long time. Only BTC or ETH

Topic: Holding Altcoins can get you Rekt - page 4. (Read 1132 times)