I feared new altcoins might be left out - page 5.

orcobbe

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Quote from: udlredlo on January 29, 2020, 01:27:50 PM

And I believe that another very important component is the reliability of exchanges today. Even though

From my point of view, much depends here, but vast majority is still choosing online wallets. However what I have noticed - there are more attacks on exchanges, so there is a shift to hardwallets

udlredlo

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And I believe that another very important component is the reliability of exchanges today. Even though leading exchanges are working on improving reliability, there is still much to work on. What is your attitude towards such kind of wallets? Or you are more on hardwallets side?

South Park

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Quote from: Viscore on January 25, 2020, 05:46:54 PM

There's no room for you in crypto if you fear, you should be strong and willing to take the risk or order for you to succeed.
New altcoins are created because they have a new idea and actually people likes new idea, they'll only fail if they can't compete with the existing altcoins in the market, in the end, only the strong will survive so when investing, choose the strong ones, regardless if its old or new.

New altcoins are created most of the time so the developers of those coins get profits out of them, people need to stop being so naive, when the whole thing with icos began you may had a point, people were creating projects because they saw they could try to improve upon the technology of bitcoin and they decided to give it a try, but now we know that most of those coins are going to fail because they are not really trying to surpass bitcoin anymore and the developers are just trying to enrich themselves.

Viscore

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Live with peace and enjoy life!

There's no room for you in crypto if you fear, you should be strong and willing to take the risk or order for you to succeed.
New altcoins are created because they have a new idea and actually people likes new idea, they'll only fail if they can't compete with the existing altcoins in the market, in the end, only the strong will survive so when investing, choose the strong ones, regardless if its old or new.

Spider A4

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Quote from: Questat on January 17, 2020, 08:04:10 AM

Old or new, there is no difference for altcoins, the only difference is whether it's legit or not.
When there is a bull run, if we based on the last trend, even the shitty coin will pump and there's no need to dump everything as this market is big enough to accommodate even the scam coins because there are new comers who are greedy enough investing without ensuring they have enough understanding on crypto. they might again think it's an easy way to make quick money.

I agree actually no big difference with new or old cryptocurrency. Now there are no bull run but many shitty coins pump much. Without investors a lot of altcoins have good price and trade volume less so what it’s significant value? Nothing.

Newcomers don't know enough about all of the altcoins. Sometimes they emotionally will invest money in worst place.

nakata121

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

Actually it never hurts to invest in a new alt coin, especially if indeed altcoin continues to grow in exchange, but now in reality the new altcoin is not able to develop in a timely manner like the old altcoin which already has a large community and maybe this is caused by fears of traders and investors because of many new altcoin projects that led to shit coin and fraud]

Ss4sukE

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if I were in your position, I would still hold the top altcoin and also invest my money in bitcoin too. for me the new altcoin is quite risky when compared to the top altcoin in the market, my advice you need to compensate. I mean invest in top altcoin and also in btc.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Endikadija on January 20, 2020, 07:11:10 PM

Quote from: kesmex on January 20, 2020, 06:03:09 PM

Quote from: SlimShadyMmp on January 20, 2020, 05:00:11 PM

Just depending on the coin you should be very careful of what you throw out some can actually turn gold so if i were you i will check details careful then making some basic assumptions and analysis might help you out but dont just sell like that

new altcoin projects are already used to have a price of almost -99%, but you should not have to sell it, just save it, and wait until the project really works, if successful then the price will return again.

Even if that was having a fully working product doesn't mean if the price of coin will be recovered instantly. I have seen so many projects have been loosing 99% from its ico price and then they have made a good product but the price still remain the same. It's a difficult thing to bring it back again. The only chance to do mass marketing

And that is because most of the value of a coin like that comes from speculation, a working product is not going to make a lot of difference, it is not something that I like but I have acknowledged this is the case and most likely nothing is going to change during the next years that will modify the behaviour of investors, so what you can do? Avoid those projects and concentrate only in the ones that are actually recognized by their product and the only coins like that are the ones at the top.

calandra78

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Quote from: cryp24x on January 23, 2020, 10:46:54 AM

Investing on new altcoins especially those acquired or earned in a Bounty Campaign is like gambling, you will win when it goes with Bitcoin's price. But if it doesn't move to the top and affected of a dump then you will loose lots of money. I guess we need to select altcoins that are good and have a trending tendencies.

most of that will happen in the long run for really good projects. take a look at projects that are now successful from the start that have a bounty campaign. like the DENT project that used to be very cheap and took more than a year to build their market so that the price could increase.

Kambal2000

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Quote from: cryp24x on January 23, 2020, 10:46:54 AM

Investing on new altcoins is like gambling, you will win when it goes with Bitcoin's price. But if it doesn't move to the top and affected of a dump then you will loose lots of money. I guess we need to select altcoins that are good and have a trending tendencies.

They should be self funded and they should be proven their platform first before they will finally have a new set of investors, we were all tired seeking for new project and at the end of the day just turning out to be scam, that's why we cannot blame them, and for those new altcoins, they are still welcome just they need private investors first that will help them.

cryp24x

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Investing on new altcoins especially those acquired or earned in a Bounty Campaign is like gambling, you will win when it goes with Bitcoin's price. But if it doesn't move to the top and affected of a dump then you will loose lots of money. I guess we need to select altcoins that are good and have a trending tendencies.

junkerr

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Quote from: VDraci on January 23, 2020, 10:17:09 AM

Quote from: Chrystora123 on January 22, 2020, 12:14:09 PM

Quote from: Greatchu on January 15, 2020, 08:40:25 AM

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

I have the same fear as you but I still believe that some new coins will be big in a long time. on average I only sell half the new coins that I receive from the bounty program, IEO/ICO investment, or Airdrop. collecting and HODL a few new coins will not be in vain.

The most dangerous coins to hold are the coins we earned from bounties, 99% of bounty project already lost 90% of their value, only very few has good value now, i made a mistake holding few bounty tokens and they end up worthless, just a fair warning though

not everything is like that. although the tokens of many bounties have experienced a large decline but it is a long-term project. they need time to strengthen their markets with good updates. and it all depends on the project that is running.

VDraci

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Quote from: Chrystora123 on January 22, 2020, 12:14:09 PM

Quote from: Greatchu on January 15, 2020, 08:40:25 AM

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

I have the same fear as you but I still believe that some new coins will be big in a long time. on average I only sell half the new coins that I receive from the bounty program, IEO/ICO investment, or Airdrop. collecting and HODL a few new coins will not be in vain.

The most dangerous coins to hold are the coins we earned from bounties, 99% of bounty project already lost 90% of their value, only very few has good value now, i made a mistake holding few bounty tokens and they end up worthless, just a fair warning though

Cacingkemi

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Quote from: huu78 on January 22, 2020, 06:32:31 PM

Some projects are left behind because they feel unsuccessful as the Dev launches a platform but there is no glance from the different communities or investors, the result they go without completing the roadmap. But in some good projects, it's not that way so it depends on the project and their community is still crowded, so don't worry. If in doubt sell and buy Bitcoins for the future.

yes, we don't need to worry while related projects have strong teams and even coins already have big names on various exchanges. it is likely that if the related project is sufficiently potential then in the future of course the team will continue to develop and even promote it so that it can attract more investors

coin-investor

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

There's really nothing to fear about, in fact it's better that we have a purge so that only the best coin in the market will remain, so the developers will not be lazy to update the platform and the community and they are also active in marketing their project, it's good for the community and it's good for the industry, and every investor will not lose his investment.

StephenieDuong

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I'm only hold altcoin that can be trade directly into usd because those altcoins have good liquidity and price not too depend on bitcoin pump/dump. I think those altcoins must have some good advantages to be trade directly to usd and holding these will have me to stay safe when market crash.

huu78

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Some projects are left behind because they feel unsuccessful as the Dev launches a platform but there is no glance from the different communities or investors, the result they go without completing the roadmap. But in some good projects, it's not that way so it depends on the project and their community is still crowded, so don't worry. If in doubt sell and buy Bitcoins for the future.

NavI_027

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

What are these coins you are pertaining about? As fas as I remember moat of the alts rise up too during bitcoin's bull run, hmm Huh

.

Anyway, If I'm in your position I will definitely sold out all the tokens from different "promising ICOs" you've got Roll Eyes

. I know you will get losses due to this move but at least you already cut your mistake earlier rather than seeing it getting even worse. If I were you, I will only invest to bitcoin but if there's really a strong need in your heart to invest in alts then why not. I advice you to only pick with stronger foundations like bch, ltc or doge. Besides those coins are more reputable. Good luck

.

robelneo

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

I will that if I am in your position, I have long sold all my altcoins because for me Bitcoin is the coin that should be the main portfolio, but I don't discount all the other top altcoins in the market, only those altcoins that are performing badly in the market, I still have the top 5 altcoins in the market because they have my full trust.

boris singer

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as long as the new altcoin still proves to be good in a high-reputation exchange, you don't have to have excessive worries. If you are in doubt, then you can still choose bitcoin and do daily scalping on altcoin in an effort to get quick profits and stay on the main coin pairs, no need to buy and hold it for too long if you're not too sure.

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