Topic: Is hodling alts dangerous? - page 56. (Read 4477 times)

not, but you need to do a research about what coin you are holding mate
so, you didn't holding a shitcoins,,
read the whitepapaer carefully to know more
and yes its danger, if you holding a shitcoins

Everything is risky. Trading is like the gambling! You must enter the market with the money you are willing to lose. We all have certain doubts and we are all afraid for the future of the specific coin that we are holding. The truth is that most of the coins will vanish and only the strongest will prevail. It isn't everything in technologies that are getting improvements. Investors are the ones which are pumping the coins with the high demands.

If the certain goals and plans are achievable for the specific coin that certain coin has the bright future. There are too many ICOs nowadays but without proper analyzation don't hope for the success and big profit. Currently, most percents of the traders are dumping the coin after the ICO had ended; even if the ICO was successful because there are too many scams around and with that beliefs, even the good projects fail.

Lack of faith is the main problem today; Bitcoin is relatively safe but for how long; maybe some other altcoin will come which will push him aside. Ethereum is on the right track to do this. Trust in yourself and you can gain the nice amount of the profit if your analyzation was thorough.

Don't listen to other people advice because there are many of the traders that are led by the false guidings that maybe some other investor has recommended to them. Recommendations in the trading groups are one big closed circle that can lead all the traders in a group to demise.

Be yourself and trust to yourself and with a proper investment you never know, maybe you will get rich one day!

Of course it is dangerous.  What do you expect?  that every alt keeps on rising?  Now that would be too easy, wouldn't it?  If these things can go +200% in a week, do you really expect them not to come down?  BTC is dangerous and alts are even more dangerous.  But that's the fun part actually.  If BTC goes down, alts go even more down.  If btc recovers, they tend to recover even more.  It's a pity you can hardly trade usd to alts (I own).  Now that would be fun trading!

it will not be dangerous even if you hold altcoin in any amount. altcoin that is currently low value is not set for success by dev and his team they let when their successful ico achievement did not continue to develop the ico because it already gains. so do not be surprised if many altcoins are of low value.

Holding alts that you pick simply out of gambling is dangerous but holding quality projects will not be anymore dangerous then holding bitcoin alone. This is all highrisk is a speculative market, just don't make things more high risk by not choosing quality projects and buying into hype like bitconnect

it depends on what you hold and think about it before doing something, set it up correctly that you will be holding on
see who the team is and the road map or participate in a discussion like telegram then you'll be fine

dangerous sounds....too risky but alts just like bitcoin have their bad and good days and altcoins like ethereum are less dangerous as you have put it, if i must be truthful i think their alts that are better rewarding than btc itself

If you believe that you found really good alt that should stand out when there is blood in the streets go for it. If you don't trust said altcoin then don't simple as that.

90% of current coin will be dead until 2020 only best will survive, because everyday we have like 10-50 new coin

I agree, there is so much new projects with solid value in the background - thats the future of the cryptocurrency world.

I personally think that the new coins have more potential and i move my investment in new and quality coins, this when happens on a massive level the money moves from old coins to new ones and old ones seem to loose spark and value.

Actually its really tough to say, I think without holding, trading is the best option to get money, and I do this now,  I thought everyone agree with me

It's not realistic to expect from every coin to be successful, but with a good research you could find a decent number of good ones.
While holding them follow the market and those coins. If you notice something you have a time to react. It is your investment and you need to secure it.

It may be risky to keep them or  sell them. If their value rises, you will be sorry to have sold them.

Yes, it's dangerous, most of them will end up on zero eventually I expect, but you only need one to truly moon to make up for all the others.

Diversifying therefor is the key.
I think you can compare it with Venture Capitalists who invest in start-ups.
For them the real risk is not in investing in 1 or 2 extra companies that end up bankrupt.
Missing out on the next Google is the real risk for them.

I find it not more risky then holding bitcoin .
But it is a very volatile space so when you compare it to regular investments it is pretty risky.

Maybe they are saturated with old coins which don`t give them much hope, then they move on to new coins in hopes of getting a better profit from old coins.

That is human nature, they always leave the old stuff after getting new stuff, and that's something we need to do.

Dangerous or not, everything depends on the coins you buy.
Hodling alts are actually harmless if we choose an established coin.

it actually differs from this project to the project. the market is slowly improving, I think you should not sell your altcoins

Holding is dangerous if you're holding shit coins. Try to diversify your portfolio and perform due diligence before you get them. I have many shit coins in my wallet now, they're really a mess and a pain in the neck.

Of course not.
It's just depends on what you hold. Of course some shitcoins will be dangerous, but if you do your own research and really believe in the project and team than HODL.