Topic: Is hodling alts dangerous? - page 46. (Read 4497 times)
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.
I don't think holding altcoins is dangerous and sometimes it even gives you a good amount of profit when holding it for long term. Although I'm not saying this in general but so far as I have observed, when it reaches a month or more the value of that certain altcoins mostly or most of the time increases its value but not all the time (also depends on the market).
It depends which type coins portfolio you have,If you hold stable coins it can be profit oriented in long run.Buy cheap and hold surely will earn good profit and will be beneficial.
Correct since there are type of coins which has questionable use and some of them are totally shit so selecting the correct net with existing running platform is a must for choosing so that risk upon holding some coins will be lessen and chances to gain will became more higher. But we shouldn't expect hard upon holding but instead we should look for good experiences on it so that we may know the flaws of each actions we take.
Its really dangerous for us to hold such coin and its true.
Experience is good teacher for us to make our decision better than previous. So keep fighting..
I think there's more new money pouring into crypto every day, so the theory that there's limited money causing old coins to lose value is flawed. I think more correct, would be to look at whether the technology in those old coins has been superseded, causing a true loss in value due to them no longer being the best at what they do.
Sad but true. It is very risky to hold altcoins. There are many many altcoins in the market and their exchanges differ from one and another. So it is so hard to dump in market crash position.
The best way is to look for projects with a decent website, a meaningful white paper and a reliable team. I also believe in cryptocurrencies with solid backing. A good example is Nebula Network (waiting for ICO) which has backing in cloud resources and have mechanism of emission tied to their supply.
Holding altcoins is still in your wallet is still a good investment if you know how to execute your trades well on crypto-currencies exchanges, the trading market would be very boring if only bitcoin exist on it, it would be much better to have more choices to trade in the market rather than just bitcoin.
It could be dangerous means the monetary loss of holding the coin which is not in demand by the mass and not in use anymore. So, always invest in the Altcoin which is growing demand among the public all over the world.
Actually it’s rewarding from my point of view. Holding coins mean you are not selling your coins when they are down. What i learnt from this market is nothing lasts forever. If your coins are down a lot they will probably recover and reach even higher. Don’t panic and think your coins are dead or they will stay worthless forever. Panicking is our worst enemy.
holding is only rewarding if you hold a potential coin that has a high succes rate because not all coins can possibly increase and pump.
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Holding coins mean you are not selling your coins when they are down.
of course hodling means you hold them, and selling is an act of selling. You hold your coins because your using them as a form investment.Quote
Don’t panic and think your coins are dead or they will stay worthless forever. Panicking is our worst enemy.
so your saying that panicking can cause for the coin to become stagnant and stuck for being dump? no , it doesnt matter even if you panic or not because the coins will always go own their own way. But yeah panic wont help you at all and it can only make the situation worst. Much better if you can just keep calm and hodl.
As the bitcoin price continuously rising to $11k, this will be good chance for altcoins to grow. Hodling is always a risk but you won't be profitable in this business if you will not take a risk. You just need to know when you will sell your altcoins and don't wait for landing it to the moon. Be smart to decide.
Actually it’s rewarding from my point of view. Holding coins mean you are not selling your coins when they are down. What i learnt from this market is nothing lasts forever. If your coins are down a lot they will probably recover and reach even higher. Don’t panic and think your coins are dead or they will stay worthless forever. Panicking is our worst enemy.
You are right holding altcoins can be extremely profitable. I know that some of top altcoins (maybe XRP) increased 70 000% during year, it means if you had invested $100 at the beginning of the year, you would have $70 000 by the end of the year.
But i also agre that many alts don't survive.
So my conclusion: Buy and keep well-known alts to obtain to several times growth a year.
But i also agre that many alts don't survive.
So my conclusion: Buy and keep well-known alts to obtain to several times growth a year.
It depends which type coins portfolio you have,If you hold stable coins it can be profit oriented in long run.Buy cheap and hold surely will earn good profit and will be beneficial.
Correct since there are type of coins which has questionable use and some of them are totally shit so selecting the correct net with existing running platform is a must for choosing so that risk upon holding some coins will be lessen and chances to gain will became more higher. But we shouldn't expect hard upon holding but instead we should look for good experiences on it so that we may know the flaws of each actions we take.
Altcoin prices mostly not independed. Their trend is depends on bitcoin. when bitcoin makes sharp moves, altcoins also drops. Thus holding altcoins are a little bit dangerous. But if you can achieve to buy a good altcoin, profit is so good comparing with bitcoin.
Its depends what altcoins you hold.There are many altcoins out there, some are shitcoins and the other are much pretty good in long term holding.Depends on your strategy and what plan do you have just in case you want to hold an altcoin.
For me I just hold altcoin if it has a future and i always research about the coin that i wanted to invest so that i will minimize my losses in the long term.
For me I just hold altcoin if it has a future and i always research about the coin that i wanted to invest so that i will minimize my losses in the long term.
There are some alts worth hodling
Ether, anonymous coin like monero and zcoin are good
Neo, if hodl is in place, you would have gained from it
https://www.coingecko.com/en/price_charts/neo/usd
Ether, anonymous coin like monero and zcoin are good
Neo, if hodl is in place, you would have gained from it
https://www.coingecko.com/en/price_charts/neo/usd
I think not, hold altcoin thus will make the coin being detained are becoming increasingly expensive, that's the reason a lot of investors who hold the coin with the long-term because the price will definitely be getting up again.
If you don't do a proper research it might be. Since altcoin varies every now then, hold it and watch the market value. If the value goes dump for almost 30% of it's initial value then it's time to sell it. Always do some research before mingling into business.
If you hold unstable and not growing coins its wastage of time and dangerous also hold leading coins having worth and future stability like ;Bitcoin,Etherum,Ripple etc.
If market goes down hold for long term it will give good profit.
If market goes down hold for long term it will give good profit.
Dangerous in what way? You may be in danger when people know that your wallet is worth hacking, you know, people most check wallet especially when its posted on your wall.
Everyones wallet here are posted on their profile but the problem is that who among them are the best target for a hacker. Answer is none unless you just give your private key to someone and that someone could get in to your wallet and you just got to wish that your crypto is isn't there but you are too late to notice that it has being sent to someone's wallet address. Jump to: