Topic: Is hodling alts dangerous? - page 55. (Read 4497 times)
Not at all if altcoins are good (e.g: NEO, WAVES, ETH, ETC, XMR, etc), I hodl some altcoins and they rise exceptionally. So it is not a bad idea to hold altcoins but make sure they are good solid coins.
i dont see holding alts as a dangerous thing. The most important is if you will invest in alts make sure you know everything in it, do some research on the coins you plan to hold and dont put all your money. Save for the worst case scenario. be prepared everything can happen. Actually i earn good in trading them while holding some of my alts coin.
I don't think so if you invested on good and reliablre altcoins. There are alts which are risky than others specially if you didn't do your research well. Altcoins are becoming popular now and many are investing and hodling. Altcoins are profitable if you hodl fo long term. You should monitor your alts and if you see you are earning or price goes up you should decide at once and sell them then buy new altcoins.
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 get your point. You telling us that the marketcap in old coin move to other ico coin and make the exist coin get lower price. Is that what you mean?
If so, yes you are right. Some not popular coin will be dead because thats just circulation of money. So new coin raise, unpopular exist coin might die. So to make holding not dangerous, you must decide to in mvest in popuar coin like etherium, waves and other.
I think that holding alt coins is fairly dangerous. I believe most alt coins will trend towards 0 in the future.
Absolutely not, even though altcoins are still dependent on the value of btc some of them are worth holding. It is up to us,meaning it is our decision whether or not it is dangerous because if you hold a wrong/bad altcoin(ex.if you just made the decision based in your intuition not by doing a research about the coin) for sure you will lose a lot but thats fine since mistakes are the best lesson that we can have in this business.
I never felt anything dangerous holding the altcoin but the dangerous thing is when the price is increasing if we don't sell at the point. It is going to be the really foolish thing because already you are making the profit on the investment you made. Plan yourself before making any investment.
In my opinion, holding alts is not dangerous at all but holding alts is risky if you don't have good ones because it's like a gamble if you hold alts that doesn't have potential. I suggest that you should study alts that has a good project and investors.
it should be noted by traders because at this time a lot of altcoin that does not provide an advantage. altcoin will not be harmful if it is held in the long run but the altcoin should have good potential. so if you want to hold altcoin it does not matter if it has good altcoin and potentially.
In my opinion, holding alts is not dangerous at all but holding alts is risky if you don't have good ones because it's like a gamble if you hold alts that doesn't have potential. I suggest that you should study alts that has a good project and investors.
When compared to Bitcoin, altcoin will take time to increase their price but it completely depend upon bitcoin. Now a days crypto are attracting many people around the world. So we have to hold as long possible until we make some decent 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
If you are too afraid in investing in altcoins then just always monitor your investment and if you already double your investment and maybe some profit then pull out your original investment and invest it in another altcoins. In this way, you are in a win-win situation because what is left is just your profit so whatever happens, whether the price goes up or down you did not lose anything. You should also invest in altcoins that has an active team and are always up to date with their projects because investors like those coins that are updated and follow their roadmap. Diversify your investments so that if other coins goes down, maybe others are doing well so you are safe.
As long as you do your own search very well before Hodling a coin there is nothing dangerous on that because if you really believe on their project and team you will not doubt whatever coin it is. Always remember those Hodlers always the winner especially on the bull market and it's coming soon.
Not sure what you exactly mean.
Invest in projects with a solid roadmap, excellent team and a community and you will be fine.
If you throw money are pump and dump copycat shit coins you will loose in the long term
Then this thing should really be avoided on all cost but the main question here is that on how you would spot those kind of projects? Back in the past you can able to identify a shit project compared to potential ones but now on recent days even shit coins do already have a good whitepaper and any graphics that would really be attractive as an investor which would turn out to be shit later on.This is why its not really guaranteed to talk about evading possible scam projects completely. Invest in projects with a solid roadmap, excellent team and a community and you will be fine.
If you throw money are pump and dump copycat shit coins you will loose in the long term
If you pick the right one then you can make big gains holding altcoins. Some will rise much faster and higher than bitcoin so sticking with just one coin will give you slow progress. It is better to diversify and then trade your altcoins for other altcoins. Right now, do some research on LISK and see why now is a good time to invest
It depends of the alt.
IMO even in top10 there is really stupid projects very dangerous to hodl. Just check out the fundamentals and see if the price makes a minimal sense in the overal crypto world. If not, it might keep going up but it's dangerous as hell.
IMO even in top10 there is really stupid projects very dangerous to hodl. Just check out the fundamentals and see if the price makes a minimal sense in the overal crypto world. If not, it might keep going up but it's dangerous as hell.
Holding altcoin is not as dangerous as you think. Altcoin rates mostly influenced by Bitcoin rates as well as Ethereum. However, investment in ICO and hold the risky price is very high because if the token index, there will be two cases that the rate of rapid increase or decrease very quickly, will cause enormous losses for investors if ICOs is not potential.
Yeah holding alts is dangerous and super risky, you dont know what will happen one day if your still holding them.
But if those alts has potential they are worth holding for.
But if those alts has potential they are worth holding for.
Holding Alts is not dangerous, as long as their roadmap is not crippled. In fact, altcoins in some cases are more profitable in the short term than BTC as they show relative 2x, 3x, ... 10x within short periods of time. Bitcoin can only jump that high once in a while and then come down again. But this alts have a remarkable way of surpassing one's expectation, catching you off guard.
Crypto self is dangerous 
So many fake and scam ICO's now.
But with the comming regulars i hope it will be better.
So many fake and scam ICO's now.
But with the comming regulars i hope it will be better.
So long as you're hodling top altcoins with good teams and project roadmaps, it should be just fine.
It helps to pay attention to their ANN threads on here or social media chatter as well.
It helps to pay attention to their ANN threads on here or social media chatter as well.
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