Topic: Is hodling alts dangerous? - page 38. (Read 4497 times)
It can be dangerous but making investments into to solid projects with working products as well as clear advancing roadmap should minimize the risk. Plenty of pretty solid altcoins out there that will see big rising once the spotlight is finally shone on them amongst the huge number there is today.
of course, no one know the future and we can only predict based on our knowledge and experience. so, if you do not have enough knowledge, you should choose famous coins to invest.
I think, holding coins makes sense only when you are sure of the project, have studied all its aspects and you can see the work of team.
in any case, it is worth the risk.
if out of ten of your coins, at least one will fly to the moon, it will justify all the investments in the rest.
in any case, it is worth the risk.
if out of ten of your coins, at least one will fly to the moon, it will justify all the investments in the rest.
If you don't really have enough knowledge on the coin that you are holding then it's a yes. And even if knew that the coin is promising, there's competition, issues, problems inside the team, financial, and schedules that you need to watch that will indicate if it still worthy to hold or it's time to sell.
An experienced investor constantly monitors his portfolio of tokens and knows when to sell them, and when to stand. And you thought that investors just bought and are waiting for ?? and there is nothing to analyze in the process? 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
in this topic, you are discussing about holding Altcoins from ICOs,however i suggest you should not investing in ICO coins, because it is dangerous with ICO coins, usually the first time the token of ICO get listed on exchanges, you should never hold but sell, because most investors will sell, making the value of that coins drop heavily, and wait until the market very low to buy with cheaper price again. 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
Hodling low market cap coins with no product to show are dangerous. While projects with a working product and dedicated dev team are safe. The drop in price is always going to be temporary and going to recover today or tomorrow.
I have a feeling that this year we will have more project die or value go to zero, attime when scrolling down CMC, most of the projects on it are nothing IMO or do not need to have a token, but since ICO is the new black in the space everyone wants to have a cut of the pie. One need to be very careful before investing into some of these project so one won't turn into bagholder
It's obvious that there's no need for so many substitution COINS in the market, so sell all
Holding alts will always depend on your best decision. Just like you said, not every coins can survive long enough just like bitcoin. Technology is evolving and those who cannot catch out will be left out. Knowing the product you are investing in is very important as well. You need to monitor you coins as well from time to time cause no one knows what will happen. Sometimes you have to harvest the coins when it's ripe before it became rotten.
There is nothing dangerous if you hold the altcoin in the top 10. If you hold the rubbish. really worrying. be careful with them
I disagree with you. There is always risk while investing in crypto. Every investor should remember this and be able to manage risks. But investing in the TOP-10 is really not as risky as an investing in shitcoins.
No, it is not all the time. Before hodling some altcoins, we should first see the potential of it to grow after years of development. It is important at the first place because if you don't do it, you can't know it can. We should also feel the community supporting it so we can notice the positive feedbacks so the devs behind it can have confidence to continue developing its feature.
If you don't really have enough knowledge on the coin that you are holding then it's a yes. And even if knew that the coin is promising, there's competition, issues, problems inside the team, financial, and schedules that you need to watch that will indicate if it still worthy to hold or it's time to sell.
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
Holding altcoins is a very risky thing, so fast price changes make most people always haunted by panic. Altcoins is still not too possessed. Good public trust, especially nowadays a lot of ico ending with a scam. It further aggravates the image of altcoin, so for me too that holding altcoins for too long can be detrimental. All we have to do is to pay attention to the price of altcoin at the beginning because usually at that moment dev often do the pumping of the coin. 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
In my opinion, it is better to make your own research and trust your guts.
The most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on ICO stage right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
Most people avoid holding alts because they feel that they can get a better ROI from cheaper alts. This is true but you are fully exposed to the wild swings of bitcoin and and other cryptocurrencies, also risk being left in the dust when bitcoin goes full bull and alts start getting dumped. But considering the volatility I think better choose a good alts when you want to hold. The most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on ICO stage right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
In my opinion, it is better to make your own research and trust your guts.
The most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on ICO stage right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
The most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on ICO stage right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
I don't think its dangerous though holding comes with a lot of risk, we'll never know when will the price will dump or surge this is why we need to be mindful in holding, specially when its a new coin, I won't mind if its in top 10 like eth or btc but if its a new coin then anything can happen. So holding with care is necessary.
Yes, I'm practically passive here and you do not control what you do. For me, a more suitable type of earning can be trade or investment for a short period. But cold storage is a little scary. 
I don't think its dangerous though holding comes with a lot of risk, we'll never know when will the price will dump or surge this is why we need to be mindful in holding, specially when its a new coin, I won't mind if its in top 10 like eth or btc but if its a new coin then anything can happen. So holding with care is necessary.
Some alt coins genuinely have technological advances to offer and some real use. Further down you got though you just get coins using the same code and offering nothing original. Prices will begin to stabilize soon however these whales will continue their game...it's going to be a constant roller-coaster however worthwhile coins will survive.
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
My friend holding alts is not dangerous although the price will accelerate or down below but this is what we called a strategic process to fullfill our income.Its not about dangerous but on how you can be responsible enough in terms of responsible making to make it more successful for altcoins holding process. 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
Alt coin 80% of them which created by 2013 is death because its very high risk investment more then half of them is scam project just like ico nowadays. I did not surprise if 90% of ico wil be death too. The only one way to avoid it is always devirsify your investment and only choose legit and strong fundamental alt. Use case of alt also important.
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