Topic: Is hodling alts dangerous? - page 21. (Read 4473 times)
I wouldn't really call it dangerous but its pretty much risky so yeah. Altcoins can move and move and if you are not patient person you may lose everything you got in blink of eye. I would suggest to invest in bitcoin.
It all depends on the coin. Some coins are dangerous to hodl, because if the team does not work well, the price will fall. Therefore, it is always necessary to monitor the project.
If you leave your money in some coins without checking them frequently, yes holding is dangerous. If you check them, holding is not dangerous and it's good for the entire community. No doubts about it.
No not dangerous I and many others believe the next big alt run is around the corner. I have my eyes on this project, what do you think? https://bitcointalksearch.org/topic/ann-meet-the-people-making-crypto-mainstream-3085831
Imo this is one you want to have in your portfolio, they are the first arbitrage exchange.
Imo this is one you want to have in your portfolio, they are the first arbitrage exchange.
It all depends on the coin. Some coins are dangerous to hodl, because if the team does not work well, the price will fall. Therefore, it is always necessary to monitor the project.
It's true that this market is so risky / dangerous.
But what makes you think holding altcoins are dangerous? Do you think holding bitcoin would be safer?
hmm....
Personally, I would prefer holding altcoins over bitcoin at the time being. Bitcoin is an old crypto currency and it's pretty lame in my opinion (slow transaction, expensive fees, overloaded blockchain) while in the other hand with altcoins you can have the exact opposite (fast-to-instant transaction speed, low fees, etc). The only reason why bitcoin is prioritized over altcoins is because bitcoin is the first cryptocurrency ever known therefore people still choose bitcoin. But what about the future? I'm pretty sure altcoins will win over bitcoin in the future especially if crypto will be used in real life for daily purposes.
But what makes you think holding altcoins are dangerous? Do you think holding bitcoin would be safer?
hmm....
Personally, I would prefer holding altcoins over bitcoin at the time being. Bitcoin is an old crypto currency and it's pretty lame in my opinion (slow transaction, expensive fees, overloaded blockchain) while in the other hand with altcoins you can have the exact opposite (fast-to-instant transaction speed, low fees, etc). The only reason why bitcoin is prioritized over altcoins is because bitcoin is the first cryptocurrency ever known therefore people still choose bitcoin. But what about the future? I'm pretty sure altcoins will win over bitcoin in the future especially if crypto will be used in real life for daily purposes.
Curious, why is it dangerous to hold your altcoins? It is much riskier if you decide to sell them, and choose the wrong period when they are cheap. I am always holding the most expensive alts and BTC.
Very dangerous if hold a bad coin, we should be more careful choosing a coin that will hold.
yes let eth, XRP, LTC is a worthy coin to hold.
or some of the ERC20 tokens that have a large community and the team runs the roadmap well.
yes let eth, XRP, LTC is a worthy coin to hold.
or some of the ERC20 tokens that have a large community and the team runs the roadmap well.
its not difficult, but it is true that you can lose a lot of money if you are holding shitty coins, like those who were just released and made a x5 and you bought it on the top of the chart, then, you would lose a lot of money because of that
I think holding altcoins is the best strategy. Don’t forget to diversify your portfolio. Some coins can rise and others can stay on the same price level
Holdy altcoins is beneficial when it's not for more than 1-2 years, and then provided that you constantly keep track of the rate of those coins that you have. This also applies to the Ethereum.
Holding alts is not dangerous because some of alts is good for holding in long term. It depends to coin if it is scam coin I think that one is dangerous to hold because is wasting time to hold nothing gonna happen to that coin. That's why we need to find a good alts to hold that give us a profit.
holding altcoins is dangerous only if your portfolio is composed by pump and dump shitcoins that don't have a real project but are all about speculation; with these if there is a bearish period you risk to loose almost all the value, some coins lost 90% from january! if you hold solid projects it's less likely to loose everything because many will hold even during a downthrend because they believe in the project. said that i think that bitcoin and ethereum are one step above all others coins regarding the safeness of the investiment, i don't think that btc will ever go back to 1000 and if it does that it would mean that the whole market is dead.
Thats true in a way, with all the ICO’s and campaigns nowadays. Add the growing demand of technology and people. There is a possibility that this might happen but not with in a snap. ICO will take a little time before it gains value comparable with the major coins right now. Hodling for a while and loosing will only happen if you do not pay attention to the current market of your alt coin. Hope everything change for the better.
If to hold the purpose for long time, and the coin which you are going to hold is one of popular coins, then for me it isn't dangerous to hold her. But if it is one of newborn coins, I wouldn't advise you to do it, but the last decision still remains to yours. If you know the potential of it in the future, then follow gold.
It will depend on wjat kind of altcoins you are HODLing as there are altcoins that are either was out performed by another altcoin or not as popular or it is not circulated and traded in the market. That is why evaluating an altcoin and checking in graphs and analyzing it is important.
Holding my bullet dick is dangerous
First you choose the the best coin before invest. So it important for the investment then get profit. If need for the coin information check the market place then invest. Most of the people check the market coin price then invest. So if check the market price then get more ideas and information. It time to acct. So time is important for this process. It any time to change the price.
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 think Altcoin is not dangerous if you can choose Altcoin which is good and promising for the present or future. Token-tokens in ICO can be very profitable if we can choose it with detail. If you really want to buy Altcoin, you have to choose if Altcoin is indeed the best. Do not let you choose wrong. 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 completely depends upon the situation of the company, Of course, holding the altcoin is always risky but we have to think before holding it. All altcoin will not give short-term profits and we have to wait until the price starts increasing. If you don't have any patience better leave the market.
Have an Altcoin it would be very dangerous for you if you get carried away the emotion to have the advantage. And all the Altcoin you buy without thinking of the development and potential of the coins. And when prices go down you feel anxiety and emotion, the coins you are selling when market prices fall. Finally, you have to lose money with a very nominal lot.
Of course very risky. But the whole crypto market is risky. Maybe the riskiest investment instruments are cryptos.
If you think this is dangerous this market is not for you.
You can invest your money in the banks for a less dangerous investment.
Holding, trading and everything regarding the investment is very high risk.If you think this is dangerous this market is not for you.
You can invest your money in the banks for a less dangerous investment.
You said in the bank is the best choice? I think so. We can separate 2 saving to reduce the risk as our previous idea. Diversification is always the first choice mate.
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