Topic: Is hodling alts dangerous? - page 45. (Read 4477 times)
There are many altcoins that are worth holding. To make sure I'd keep researching about certain coins of my targets and monitoring the progress of their projects. You need to know who's behind the project, the team itself along with their behavior in the forum. Also worth noting the community who's mining or trading this coin, market cap and trade volume number can be a good object to monitor.
I wouldn't say holding alt coins is dangerous, but protecting your wallet from hackers is definitely more of a priority. A lot of coins won't last, so research is definitely a key factor in deciding.
Not every coin that has been released could survive in the market, it all depends how the team managed the marketing and its not easy tough. Learn to do research about the coins and you will found out which coin has the biggest chance to have a good market responses.
Depend on what coin you are holding,
if you are holding a useless coin that has no future and development then all such coin is dangerous to hold, if you target such coins then don't buy at the all-time high price, always buy at all time low price so that when you change your mind then you can easily sell that without any loss.
In future, a lot of such coins will come in the market so beware invest only on those who try to do things differently.
if you are holding a useless coin that has no future and development then all such coin is dangerous to hold, if you target such coins then don't buy at the all-time high price, always buy at all time low price so that when you change your mind then you can easily sell that without any loss.
In future, a lot of such coins will come in the market so beware invest only on those who try to do things differently.
It's really depend on the alt coin that you hold.
If you hold the scam-shit-pump-dump coins then you need to worried, like a lot.
Please do your research before put your money all in. Only good project/ alt coin that will sustains in the long term.
If you hold the scam-shit-pump-dump coins then you need to worried, like a lot.
Please do your research before put your money all in. Only good project/ alt coin that will sustains in the long term.
Yes you are right it depends on the investors hands if they hold that coins it will not die and it's value are also increasing but we sell them too quickly it's value will be very low people are also don't like to invest that type of currencies.
That's why do your own search is a must before holding any altcoins you can lessen the danger of losing your money. Because if you not do your own search very well you will be afraid why? because you don't know what are you holding the capabilities of that coin or potential of that coin in the future you don't know and it will result that to panic selling when the market goes down and you will lose your money.
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
so the market really has such a tendency when good coins that have had great prospects dying but this trend is not common to all coins. Many coins that already exist for many years live and flourish now.
so you need to carefully select the projects for investment
It's really depend on the alt coin that you hold.
If you hold the scam-shit-pump-dump coins then you need to worried, like a lot.
Please do your research before put your money all in. Only good project/ alt coin that will sustains in the long term.
If you hold the scam-shit-pump-dump coins then you need to worried, like a lot.
Please do your research before put your money all in. Only good project/ alt coin that will sustains in the long term.
Yes you are right it depends on the investors hands if they hold that coins it will not die and it's value are also increasing but we sell them too quickly it's value will be very low people are also don't like to invest that type of currencies.
I don't see any harm in holding altcoins especially in times like this , when all the coins are down like this. If you panick and sell your coins cheap you will regret selling them when they explode in the future. They always does. It is really rare for a coin to completely disappear after a crash. It just take various time for various coins.
If holding goal is for a long term and the coin you're going to hold is one of the popular coin,then for me its not dangerous to hold. But if it is one of the newly born coin,i wouldn't advise you to do holding,but the last decision is still yours. If you know the potential of it in the future then go for the gold.
For me, that's not the case. my cousin has long been a bitcoin whose alt coin is being held for a long time in the future is bigger. thank you for reading.
totally no, many altcoins has the ability torise up and give you income, just for me i invested in XVG because i bellieve that this coin will have the next coin in the market.
Actually not all alts are end in success some did not. Many ICOs that enter to crypto but not all become lucky. The strongest will stay. All alts have the potential in the first place of introduction that's why the dev. push eagerly the project to launch to see what will be the possible things to happen. There are altcoins that in the first stage didn't succeed but in the second time of entering in crypto again they become successful because they improve the development. Holding alts is dangerous and not because who knows the end of the ICO. No one but only the day's to come.
It's really depend on the alt coin that you hold.
If you hold the scam-shit-pump-dump coins then you need to worried, like a lot.
Please do your research before put your money all in. Only good project/ alt coin that will sustains in the long term.
If you hold the scam-shit-pump-dump coins then you need to worried, like a lot.
Please do your research before put your money all in. Only good project/ alt coin that will sustains in the long term.
Holding alts is not dangerous. But not protecting your account from hackers is the one that is dangerous. There is no huge problem when it comes to the values of alt coins right now. For me, we are still in the normal green days where coins will continue to rise up.
I don't think that holding alts is dangerous. For other people it maybe depends on the situation if that alts is worth holding. There are hundreds of coins available, and there is a tendency for most to overlook the fundamentals of the coin and make investment decisions based on hype. This is especially common since many don’t understand the mechanics of the coins they invest in. They tend to just follow the hyped crowd.
Holding alts has the potential of being more dangerous, but everything in crypto depends on various internal and external factors. Since the price of most alts are pegged to BTC but also are expressed in Fiat values it leads to a multiplier effect when market volatility occurs. This means that holding alts can be very dangerous, or very profitable. The name of the game is making your best guess.
Why should holding alts be dangerous? There are altcoins that are considered as good investments and the road map is a better guide when to hold and sell your alts. Nothing is definite in the world of cryptocurreny and its volatility can give us a positive or negative impact in our investments. Just keep playing with investments that you can afford to lose. Investing beyond our means could lead to a bigger problem that could put an imbalance on our resources. Remember that trading is gambling in a different platform.
Holding alts is never dangerous if you dont hold shitcoins. You will have big gain after crash is end. you must have patient and never sell on panic. We are begining of big futurre so this price are still to low. There will be big pump after crash end. you will miss if you sell !!
Holding alts is not dangerous. But not protecting your account from hackers is the one that is dangerous. There is no huge problem when it comes to the values of alt coins right now. For me, we are still in the normal green days where coins will continue to rise up.
holding alts are not dangerous if you will study every altcoins that has a posibility to go to the moon, and what alt coin you will hold, just like what happened on CARDANO, its just like a wild card that goes to 6 (now) on coinmarketcap. when it was on its peak its on top 2. always remember to read and study. those altcoins will be our backup if bitcoin will drop again just always be careful on what altcoins you will invest.
For sure, there is risk in holding altcoins. But this risk worths holding the coins. It's needed in other word, and if you get profit, the risk of holding would be the supporter of your profit.
I think it's better to warn yourself and not invest now. Attachments should be done only when the dynamics of growth is good and you are sure that it will be preserved and all this is not fraud
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