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Topic: I'm sure altcoins will pump if we hold long - page 15. (Read 1859 times)

legendary
Activity: 2268
Merit: 1655
To the Moon
The altcoin season comes regularly when the dominance of bitcoin decreases. Therefore, a good trading strategy is to buy altcoins at a low price when BTC dominance is high. At such moments, you can profitably buy altcoins with a "discount" of 30-70% of the current price.
legendary
Activity: 3248
Merit: 1402
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Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
There are thousands of altcoins, and many of them won't pump no matter how long you wait because they were useless in the first place / were made by a company that committed an exit scam / didn't have a strong community behind them. So it's not as easy as buying random tokens and waiting. But if we're talking about strong projects that already received a lot of attention and have high market capitalization (excluding Doge and similar artificially pumped coins, which can be a very risky choice), then it's likely that buying some and waiting for a few years will result in profit (although, of course, this won't happen for all of them).
sr. member
Activity: 1722
Merit: 269
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

I agree with you. Of course you can always be more efficient and make bigger profits if you are an active trader that actively sells at highs and rebuys at dips in order to increase your holding but of course that way of investing also brings a lot of risks with it as every time you do a trade you are also in danger of making a mistake. If you just buy a project that you are convinced of and hodl it for a certain amount of time then of course the potential mistakes that you can make are very limited and therefore it is safer. The only big mistake that you can make is to invest into a altcoin that will not be around in a few years anymore, like 99% of all those meme-coins that are appearing at the moment.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time.
Now I appreciate your long term vision, but having seen the market for the last 6+years, I am of the opinion that long term hodling is good for bitcoin and probably the top 5altcoins apart from the forked coins. Rest of the coins are all going to end up in a pump and dump while bitcoin keeps going up.

You may have some shitcoin in your bag and you are not getting a chance to sell them - I can assure you that your thought on its future is genuine but the reality is that they will probably never comes back up again, and even if they do, they will not be enough to break even the money you spent buying them. This is sad but true. Since the crypto markets are unregulated, many projects have gone bankrupt or just plain scam/hostile takeover.

So I am sure that bitcoin will pump if you hold long but shitcoins will not break even in the long term.
copper member
Activity: 1400
Merit: 103
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
I always recommend to my friends who are new and want to dive into the crypto world to hold long term as opposed to short term trading.
Because if you look at history, all coins that have good fundamentals will always go up from year to year.
Trading is good, but if you don't have enough skills it will be difficult to make a profit.
legendary
Activity: 1722
Merit: 1014
"I'm sure altcoins will pump if we hold long" - that's right if we are talking about fundamental altcoins, with strong teams and historical background. If you buy some new crappy memecoins and hold it for years - you will be disappointed Smiley
hero member
Activity: 2156
Merit: 670
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If that is the top coin, exactly.
But if they are new coins, I personally will not set for a long term hold, if:
- The team is also new
- They don't offer a real roadmap or use case of the product
- They are not listed on top exchanges
and some other details

But, if they're created by some popular people how to have a good track record, I will consider it.
But, once more, I will take low risks by only holding top coins, for new coins, I will prefer to set a target price in order to take profits.
legendary
Activity: 2534
Merit: 1233
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
Agree- if we hold potential coins
Disagree- if we hold shitcoins
At the beginning of a project, it's hard to identify which have potential altcoins and which are shitcoins.  Because at the first glance, they seem good to be true, and also when you check the roadmap everything is fine.  I have seen many projects that seem good at the start but after months they end up in shitcoins.

Considering potential altcoins to hold in a long term are those in the top 10 in CMC.  For sure they have the potential upon holding in a long term but all of these was depend on the Bitcoin price of course which leads to the market price position.

So in this case, if you want to pump altcoin it might be good if you will also hold Bitcoin and allocate a large percentage of Bitcoin in your portfolio. 
member
Activity: 812
Merit: 10
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Set your target and if it hit take some profit and lock then in tether and let the rest ride that will be my suggestion but still if you have some kinda trust of the project and probably looks into the future then by all means hold all your coin but I wont not do that if I were you Staying strong and and holding half way is probably the best case
full member
Activity: 625
Merit: 100
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

I will ask, what is the purpose of holding a coin or some different sets of coins for a long time when the coin is already yielding profits in a bull run, or what will one be holding a coin for when the project is asleep or silent over the years?
The purpose of holding a coin is to make out profit from it, and a coin that will survive and has the plan of survival will work towards it. The introduction of staking is a very good way to maintain a coin's price and quality, cause if one is receiving a reward for holding a coin, then the interest of selling it off will be limited.
sr. member
Activity: 2828
Merit: 344
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Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
Agree- if we hold potential coins
Disagree- if we hold shitcoins

As per to see that the market is growing, the holding has a bigger chance to make a huge profit. But it was also a big challenge for those who have only limited source of income and most it happens that some holders are urged to sell their crypto because of some emergencies.

Maybe I can hold 1-2 years depending on the market situation but for sure I don't hold forever. I rather enjoy spending my investment rather than dying holding our coins.
full member
Activity: 1582
Merit: 132
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For some altcoins, it may be, for hype coin, the coin will pump very significantly in a very quick time, but be careful because mostly they will dump after at all.
For shitcoin, better not to hold them because they may be dead coins
For worthy altcoins with a strong team, good fundamentals and logic, real use case, they may have their chance to pump.

So it means that not all altcoins will pump.
hero member
Activity: 1106
Merit: 527
It will pump if its a good altcoin but if not, don’t expect too much.
There’s a lot of risk to be consider if you are planning to hold with the good altcoins, know what are those risk and if you’re ready just hold the best options. Beside, this market proves to be good in long term investing, and we are still aiming for a great peak.
In fact, you should also consider the possible usage of that altcoin that you have to choose to put in your portfolio.
There are too many altcoins that turn to shitcoin and I have many of them in my wallet, there is no value and others reduce too much the value because it is abandoned by the owner. You need to choose properly and make sure you have done research on it and it should be there is their own blockchain system. The existing top 10 altcoins maybe good but of course they will pump up depend on the bitcoin moves.
full member
Activity: 826
Merit: 100
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Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

I think it's not as easy as you think, because not all altcoin whose prices will pump if we hold for a long time, there are even some altcoin whose prices continue to fall and make us lose our money, therefore you have to choose and research altcoin that are you want to invest in the long term before you buy it, because investing in altcoin has a big risk even though the profit can be very big too if the project is successful.
legendary
Activity: 2268
Merit: 1655
To the Moon
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

I don't agree, because if you want to hold for the long term, then I recommend you to hold Bitcoin rather than altcoin, because in my opinion altcoin are riskier than Bitcoin, therefore I never invest in altcoin for the long term and always sell my altcoin when the price has increased according to the target that I want.

This is what bitcoin maximalists usually say. It is impossible to equate all altcoins with each other, since they are also all different. And everyone knows that in addition to bitcoin, there are many more good coins, such as BNB, SOL, DOT, which also need to be held for a long time to make a big profit.
full member
Activity: 2128
Merit: 180
It will pump if its a good altcoin but if not, don’t expect too much.
There’s a lot of risk to be consider if you are planning to hold with the good altcoins, know what are those risk and if you’re ready just hold the best options. Beside, this market proves to be good in long term investing, and we are still aiming for a great peak.
hero member
Activity: 3080
Merit: 603
Not everyone is going to hold forever and you have to remember that all of us are here for the profits. So if there's an opportunity to sell at a good and profitable price, you can't stop someone and say that you should've hold together until forever and until the price goes to the peak. What if the peak is already on that time and you've missed it because you've encouraged to hold and you haven't seen the peak again? It's a very situational thing to hold and you have no guarantee that everyone will also hold as you want to hold and promote it.
hero member
Activity: 1666
Merit: 723
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Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
In actual sense every cryptocurrency holder have a target, and some people don't reason the increment of coin to free their coin or sell their coin provided that they have actualize their target via storing the coin, i know vividly that is highly acknowledgeable to save a coin for long time period, the reasons of holding a coin is because of profit, so it's very understandable that when a target of investor manifest the next option is to sell in order to make a profit or a gain, except a situation the investor wants an additional time base on the market structure.
full member
Activity: 2086
Merit: 193
Holding is not an assurance that you can make money, it will always depend on the market trends and the altcoins you are holding. If we are heading into another bear market, that is the best time to buy more so don’t panic if you see such red candles again. Holding is always a huge decision to make, i do agree that you must hold and know when to sell, taking profit is also possible just don’t panic selling.
sr. member
Activity: 2044
Merit: 314
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Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
Hold with your strategy because everything is possible to happen and its ok to take profit most of the time since the market is pump and dump, you can earn more if you know how to this properly.

Holding is risky as well because you are missing the opportunity on many cases to take profit. The altcoins trend right now are on the sideways and there’s a possibility for a new bottom of the market if Bitcoin didn’t pump again. So always hold with a plan, and hold good altcoins only.
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