Topic: Is hodling alts dangerous? - page 19. (Read 4473 times)
If you invest in a market that is down, it is very risky but if you choose the long-term investment in this market then I think you should not be too worried because the potential development of this market is extremely large. Set specific goals for your head and follow the plan set out to stay active in this market.
Lmao, during the last year, i bought bitcoin at $1000, and then i sold at $3000, i stopped holding because i saw it as dangerous, but now i am more than convinced about bitcoin and how crypto works in here, you should not dump at any price
I don't think a long-term strategy is a good idea anymore.
Profits need to be fixed periodically, otherwise you can endlessly look at the growing and then falling market and so on.
Profits need to be fixed periodically, otherwise you can endlessly look at the growing and then falling market and so on.
Depends on the quality of the project. If the project is reliable, then you need to HOLD , if not, just for luck. Hold recommend to everyone who does not know how to trade and does not have enough funds to invest in different projects.
If you don't know when to cash out and how to react when your coin is going down it could be really dangerous for your invested money.
Well, not to say that it is very dangerous, but on this case there is certainly no doubt some fears, and they need to be reduced to a minimum, and I think not much tro and interfere.
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
I don't think when the new tokens added to market, current market coins will go down. In my opinion, if a coin prove that it is a reliable and promising con, I think it can grow independently of other tokens or coins.
In my opinion, I do not think holding altcoins are really dangerous as they are some good altcoins that have the stability and potential t yield big profit as long as you have taken your time to review the composition of the team members, their white paper, their road map and their goals. Though there are some scam altcoin that can be dangerous when invested in as they will not yield profit but when time is take before investing in altcoin, they are always promising rewards.
not so long, hold for a year or 2 at most
You cannot generalise alts and it would be better if you can be more specific. If you're talking about alts like etherum litecoin neo etc, then no, there's no risk in holding them for long term. Anytning that is listed on reputable exchanges like binance, bittrex etc will always give you good returns no matter what. On the other hand if you're holding some shit coin which is only listed on one exchange, then you should be cautious to hold them for long term.
i cant say it was dangerous, but its better if we dont hodl on alts. especially alts with small value
this questions applies to any cryptocurrency you are holding because of one factor, and that is volatility. I believe no alts is exempted when the news/fud hits the market, look at those charts and news for the past few months. Can you say that only BTC is endangred or the alts itself when the market started collapsing. I believe alts and btc has a relative connection to balance each others chart and value.
Holding alternate cryptocurrencies is not dangerous at all as long as these alternate coins are highly potential to rise back whenever it falls down and grow even more in the future. In fact, it is very good to have multiple cryptocurrencies in your wallet than only having a few.
please tell me why it would be something dangerous to do? it is normal, and i think that everyone in here is holding some altcoins, and there is nothing wrong with that.
I really enjoy to have some alts, and i am making profit out of them
I really enjoy to have some alts, and i am making profit out of them
It is dangerous if you do not have the belief that the coin will potentially rise.
preferably hold a reliable coin such as xrp, ltc and eth. It is better
preferably hold a reliable coin such as xrp, ltc and eth. It is better
Holding alts can be dangerous if you do it for longer than a cycle in crypto. The reason is because there is no guarantee you will ever get back to that point in either USD or BTC. The danger therefore lies in becoming a bag holder and if you don't take precautions to mitigate this risk then you won't be around long.
Holding of altcoin is not dangerous if it's value gone it will stay to our wallet forever. It will bring a mess in our wallet but we no choice because no one can predict if a coin will be gone or it will be successful. So we need to be smart to choose the coin have potential and it will last the value.
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
I have a mixed opinion about this matter because there were some altcoins in my experience which did very well in market but most of the alt coins vanished from the market or their value is getting low day by day. I use to sell when there is only a little profit above the ico price.
Depending on the dangerous definition. If it's just a hold and we know the coin is good, I think it does not matter.
Of course some altcoins will be dangerous, but if you do your own research and really believe in the project and team than hold.
Of course some altcoins will be dangerous, but if you do your own research and really believe in the project and team than hold.
It completely depends on the way we treat them because if you wait patiently we can able to see the potential about them. Holding long time will also kill us we have to move according the market situations.
well, it depends on the circumstances, and the kind of coin you are in. of course in the business world, everything is risky, but with that risk you will learn a lot. well, so far, I have also arrested some altcoin, and my decision is certain, I will hold it until the price is high, and as per my estimation. Jump to: