Topic: Is hodling alts dangerous? - page 17. (Read 4449 times)
Holding altcoin doesn't look dangerous to me if the coin you hold are potential one and are stable with good promising potentials but if the coin is not a potential one, it might be dangerous to hold as the coin may take time to grow in the market and some may crash at the end.
It is not dangerous, but it is not being as profitable as it was a few months/years ago in where you used to make a x2 every two months or so, now it is more than difficult because of the market conditions
Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
It is not paradox. It is simply a case of competition. The better and more quality products and projects will always rise and win over those projects that are not at all rising to the competition. This is a healthy environment. It will effectively remove mere shitcoins and pump and dump coins that are not at all interested to pursue product development and seal new partnerships.
Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
It would be dangerous if you just rely on one altcoin while the market goes down. However, if you diversify by just buying more than one altcoin, I don’t think it would be considered dangerous. You know why? If others go down in value, at least others are going up. Diversification is necessary. Try to put in your mind that it’s never recommended to put all of your eggs in a single basket.
Good point to look at Coinmarket cap lists from 1 year ago, and from 2 years ago, and 3 years ago. Guess how many have fallen out of the Top 50 or Top 100. Of course holding alts is dangerous. Crypto is risky. Bitcoin is risky. But risk is everywhere, you can hold your national currency and it is a huge risk. US dollar is a risk. Just ask those countries whose currency died thanks to hyperinflation. They lost everything.
Diversify, even if you believe in only a few coins, just diversify. That's the name of the game.
Diversify, even if you believe in only a few coins, just diversify. That's the name of the game.
I think you can get so much more profit from altcoins so to me the risk is worth it, yea alot of them may stay stagnant or lose value but I think if you diversify enough you will make a killing eventually and then you can secure your profits whether it be in BTC/USD/Metals/or Land. 
Always trust in your instinct and check the trends.If you scared to hold altcoins go to bitcoin, for me holding altcoins are profitable I'm not scared about the fud news, I wisely choosing coins for my long term hold I choose from the top 15 altcoins because I really believe the top 15 coins are in strong stabilities in the marketcap.
Why it would be dangerous? came on guys, we all know that holding alts has always been profitable and there is nothign that can change that, we all know that it is one of the most profitable thing to do after all
it depends on the atlcoin that you are holding. If the team of that coin is very productive then it's good to hold it.
It is dangerous is a way that we do not know who and how long the community will support that specific crypto but if we will not take that risk and danger we will witness its pump but also need to update it always and if it started to dump you can quickly sell and buy other cryptos.
I invested fee only to those altcoins who are danger to become dead soon. Because sometimes the coin like the coin who are possuble become dead the price will increase and you will gain more profit. Like the coin who are the price like 100 satoshi each because sometimes they increase very high. Im very happy because I gain more profit to those altcoin who I hold and that's danger because anytime they have possible become dead but they increase .
It depends on the altcoin you are holding. I dont see any problem on holding a trustworthy altcoin. Reliable coin creators develops a reliable altcoin, we should be careful in choosing.
Yeah that's true, as long as you know the progress of altcoins your holding and it has a good product then you should not to worry as this will somehow provide growth in the market soon. Hold only those worthy altcoins as not all altcoins will succeed in the future.
there is a possibility that holding altcoins are very dangerous, but its all depends on what altcoins you are holding because. for example you hold an altcoin for a long time and in the future it got delisted in exchange so you probably lose your money. Thats why when your holding your altcoin you should be active always in exchange if they got a notification in delisting and altcoin. Holding some good alts also can earn a lot of money also. thats why you need to choose a good altcoin to hold.
Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
As long as you hold Altcoin that has good potential, I do not think this is a danger. Instead, you will get many benefits from what you hold. Most importantly you should be able to find a good Altcoin and promise you to resist in the short and long term. Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
So is holding bitcoin, if you had and bought bitcoin at 20k, you could have lost a ton of money, obviously shitty altcoins lost even more value. An investment is always risky tho, as long as you are not pouring your entire portfolio in 1 shitty altcoin you should be fine.
Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
Yes, hodling alts for too long is very dangerous. Many people make the mistake and "believe" in their coins while price is irrantionaly spiking. Always sell during altcoin season peaks. Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)
Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
I can say that NO. Holding alts is not dangerous if you just bought altcoins that is quality and the project has special features or purpose Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox
I do not think holding altcoin is dangerous, though it can be when the coin is not a good one but generally, as long as the coin is a good and potential one with good qualities and can remain stable even when the market is not doing fine. You only need to be convinced that the coin is agod one and be sure of how best to hold to avoid loss.
Holding any random Altcoin can be dangerous,
However if you do research into the projects, and see they have a solid team, a complete roadmap and are hitting release targets then the altcoin will surely do well.
I tend to only invest in altcoins that I will use personally, that way if they don't do as well as I had hoped I can still use the tokens myself.
However if you do research into the projects, and see they have a solid team, a complete roadmap and are hitting release targets then the altcoin will surely do well.
I tend to only invest in altcoins that I will use personally, that way if they don't do as well as I had hoped I can still use the tokens myself.
Yes, holding altcoins is dangeorus. but the question to ask is, which altcoins? For starters, take a look at the top 30 coins today on cmc and compare that with the top 30 coins 2 years ago.
You will see that only like a dozen coins still exist. So when searching for which altcoins are dangerous or which will survive, you already have "inside" information: what made these few ones survive and the rest gone to either oblivion or much lower parts of the table? Only then can you have a better idea about which "new" coins, e.g., Multiversum will have the ability to survive the coming years. Those ones are the ones you want to make a bet on.
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