Topic: Is hodling alts dangerous? - page 50. (Read 4477 times)
No, the hold is the best strategy in trading because it can minimize losses and most importantly be able to get greater results when compared to the investment in the short term.
High risk high reward 
It is not dangerous but actually more profitable if you check the coins carefully and hold most top ranked coins
avoiding any that look scams.
And anyhow.. it would be dangerous or not, it depends on the altcoins that we picks, considering all altcoins have a different futures.avoiding any that look scams.
If for the ICO, it would be profitable if we really succeeded in knowing/deepening an ICO that can be sure it will be successful.
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).
Holding will always give good returns because already when compared to last year the price of the coin increased a lot. So it is always good to hold the coin in order to make huge profits and at the same time you also need to find potential in the company also.
i think holding an old altcoin for this time its a bad investment, but when you buy ICO coin at this moment and hold for 3 month or more its a good invest, try search and studying your ICO coin first before invest.
Avoid lesser known and not widely-used cryptocurrencies, there is always a possibility of risk. It may later turn to scam or the developer or creator may just use the currency to create a pump and dump coin. Some are only created the coins to earn money and victimizes a lot of would be investors. An altcoin that created with many flaws will not last long and it will eventually cease to exist.
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 altcoin has nothing to give danger to anyone.but the thing is the one who chooses those coin to hold.if he didnt make a best research in every specific alts that will be held in his folio if holder will be careless regarding about choices then thats when danger comes on your funds 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 it's actually very very dangerous...
For your health for example.
The need to be in front of CMC all day in stead of working
bad influence on your relationships
dreaming about cars, boats, moon trips...
For your health for example.
The need to be in front of CMC all day in stead of working
bad influence on your relationships
dreaming about cars, boats, moon trips...
It is not dangerous but actually more profitable if you check the coins carefully and hold most top ranked coins
avoiding any that look scams.
avoiding any that look scams.
It is dangerous if you really bought them with real money. Else, the risk is that the coin is dead and can't be traded anywhere.
It can also give you more profits if the value of the alt has increased.
nope then how do you get capital if you do not use real money dude? I think altcoin trading is risky because the price is very unstable/volatile and dangerous to hold because there are so many altcoins dead in a short time, you know that right ? so if you want to hold altcoin for long time. better look for altcoin that has a big community and keep growing like ETH, WAVES, XRP, Stellar. It can also give you more profits if the value of the alt has increased.
xvg, ada, xlm, trx are some coins with good development, low in price and sound technology. its good time to invest in those and hold for near long term.
XVG is a complete scam. Saying that it has "good development" and "sound technology" just makes it obvious that you have done zero research whatsoever. You are either just repeating what someone else has told you with zero thought, or you are bag holding that trash and hoping for the price to go up so you can get out. It is dangerous to hold altcoins when btc is in a bear market. I sold all my alts.
It is dangerous to hold altcoins when btc is in a bear market. I sold all my alts.
xvg, ada, xlm, trx are some coins with good development, low in price and sound technology. its good time to invest in those and hold for near long term.
XVG is a complete scam. Saying that it has "good development" and "sound technology" just makes it obvious that you have done zero research whatsoever. You are either just repeating what someone else has told you with zero thought, or you are bag holding that trash and hoping for the price to go up so you can get out.
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 think that it depends on the amount of money invested in these alts, if the money you have on them is no were high in compare with the money you hold for investments, can't see the danger.
xvg, ada, xlm, trx are some coins with good development, low in price and sound technology. its good time to invest in those and hold for near long term.
I guess for me it is not dangerous to hold altcoins if it is came from bounty and airdrop. there will be a RISK in holding altcoins if you invest from it by buying more altcoins.
It is a kind of natural selection, weakly project are dissapear and great ones survive and develop. Crypto market is a new for economy but the main rules are simular.
I'm not sure that holding altcoins is that dangerous. Most of alts are trading in pair with BTC or ETH only, so if BTC will gain value, alts will, too. This is too common answer, but this is the idea.
It could be dangerous maybe IF they don't know what to do like, when to sell, until when to hold, forget to sell and those are just the factors that could be dangerous in a way that you will lose any of your investments if you are too careless to notice and watch your investments. It is required that every alt holders should have an explicit knowledge before investing. of course this is dangerous because there are so many altcoins that drop and dont come back again and I think it's just a safe ethereum for long-term investment
sometimes we have to take risks to make big profits dev, if you have a potential coin I do not think you should be afraid to hold it because it will greatly benefit you in the future. but if the coin you hold is less effective it would be better not to hold it for a long time. Jump to: