Good tactic for what? If you just buy and HODL then what does that accomplish?
Buying and HODLing is a decent strategy if you're wealthy and have income streams. But what if you don't? The goal should be to make profits no matter what your business is.
Topic: Is hodling top 10 Marketcap coins a good tactic? - page 14. (Read 2291 times)
You only have to take a careful look at the top 10 coins in terms of market cap over the years. What you will see there is that the coins are changing. The top 10 coins in market cap years ago are not anymore the top 10 coins now. The coins came and go. New coins replaced them. But then those new coins were also replaced by other new coins. Bitcoin is the only coin that is there right from the start until today. And it remained the top 1.
This is a big statement about Bitcoin and altcoins.
This is a big statement about Bitcoin and altcoins.
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If we stick to the list of the top 10 coins on CMC or CoinGecko, I'm not sure it will be able to provide very big profits because the situation now is very different from previous years. For now, maybe investing in the top 10 coins list might give hope of making a profit but will the list stay like that in the next bull run or altcoin season? No one knows.
Maybe it's a one time investment and then we hold our chosen coins for a certain amount of time but if the coins can't increase, we certainly won't be able to make a profit. Only research from time to time can give us an advantage in choosing the right coin. But I'm sure each of us must have plans and strategies that can provide benefits in the future because that's what we want to achieve later.
Maybe it's a one time investment and then we hold our chosen coins for a certain amount of time but if the coins can't increase, we certainly won't be able to make a profit. Only research from time to time can give us an advantage in choosing the right coin. But I'm sure each of us must have plans and strategies that can provide benefits in the future because that's what we want to achieve later.
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@OP, I think to avoid confusion for newbies in case they don't research but only look at ROI, OP you should add the market capitalization column.
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@OP, I think to avoid confusion for newbies in case they don't research but only look at ROI, OP you should add the market capitalization column.
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You might be right. I'll do that later. In fact i could just remove the amount column and put it there. (from past to time of writing)...
The problem lies in discovering new projects that have demand, which is very difficult because the current currencies with a high market capacity will not continue to achieve such heights and you will find that they have been replaced by new currencies and so on.
- This strategy is not suitable for beginners, but for experts who have technical and analytical knowledge.
- It will not be suitable for all years, but only when the market is in a bubble.
- This strategy is not suitable for beginners, but for experts who have technical and analytical knowledge.
- It will not be suitable for all years, but only when the market is in a bubble.
Even when you back the best horse, it could fail and "VHS wins again". Most of the time it's pure luck and right contacts.
Also, your choice of date (24.10.20XX) does not give facts.
It was random date from the day i started looking into this, it could have been any date. I am not sure what facts you are referring to.
The problem lies in discovering new projects that have demand, which is very difficult because the current currencies with a high market capacity will not continue to achieve such heights and you will find that they have been replaced by new currencies and so on.
- This strategy is not suitable for beginners, but for experts who have technical and analytical knowledge.
- It will not be suitable for all years, but only when the market is in a bubble.
Also, your choice of date (24.10.20XX) does not give facts.
- This strategy is not suitable for beginners, but for experts who have technical and analytical knowledge.
- It will not be suitable for all years, but only when the market is in a bubble.
Also, your choice of date (24.10.20XX) does not give facts.
Please don't make make a thread to lure a newbie to invest in shitcoins, if they're only look on the percentage without doing a research they will say ETH and BNB are better than Bitcoin because ETH and BNB price is surge higher than Bitcoin, also ETH and BNB didn't loss too much like Bitcoin.
The main factor is the date that the @OP use, he's choosing a particular date that make BTC performance isn't in good condition.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
The main factor is the date that the @OP use, he's choosing a particular date that make BTC performance isn't in good condition.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
It's a well known fact that if you hodled bitcoin from the start you would done well. But that's not the point now is it?
Nor is it relevant, because if i had gone back one more year to 24.10.2012, there wouldn't been real alternatives,
nor i could find any chart data. And back then btc marketcap would have been $119M,
(that would be nr 176 marketcap right now.)
So obviously it had room to grow in retrospect, like shitcoins have now. Question is: how much more room there is?
I was just pointing out that that they all were considered as low caps at some point, so you might want to take
a look at low caps to get gains (that's why i mentioned shiba).
And most of people in crypto are profit maximalists that don't care as much about
Fundamentals or code, nor do they understand them. I wouldn't judge them as they make most of the liquidity.
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I really think that this whole we buy 100$ with of coins and in 10 years we're rich and not doing anything else needs to stop.
I really think that this whole we buy 100$ with of coins and in 10 years we're rich and not doing anything else needs to stop.
I actually agree with all your points, but i realize that i don't know how much more room there still is to grow. I thought that ETH marketcap
was way too high when it was $12 so maybe don't listen to me
... But eth and btc now? maybe 10x? And even that could take years. That's why i was talking about low caps as an alternative. As with buying low caps i have made most of my money.
This is certainly true, and if OP fully updated the rankings from 2009, it is evident that bitcoin has the highest ROI compared to the other cryptocurrencies.
Can you remind me what btc marketcap was in 2009? Did you get my point about low caps?
Please don't make make a thread to lure a newbie to invest in shitcoins, if they're only look on the percentage without doing a research they will say ETH and BNB are better than Bitcoin because ETH and BNB price is surge higher than Bitcoin, also ETH and BNB didn't loss too much like Bitcoin. The main factor is the date that the @OP use, he's choosing a particular date that make BTC performance isn't in good condition.
But if you look closely at all the tables over the years, it is easy to see that bitcoin has always dominated the top and other altcoins will mostly be replaced or dropped in rank year by year. Don't just care about ROI but ask why bitcoin is always at the top of the list.
@OP, I think to avoid confusion for newbies in case they don't research but only look at ROI, OP you should add the market capitalization column.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
This is certainly true, and if OP fully updated the rankings from 2009, it is evident that bitcoin has the highest ROI compared to the other cryptocurrencies.
I am hoping that there's a change we all might still get rich with this tactic and just by hodling. So let's wait and see. Good luck everyone.
Meriting you for the effort with the portfolios, but completely disagree with this.
It's impossible for everyone to get rich by just buying and holding coins, let's cut inflation out of the equation as its irrelevant if we talk about coins purchasing power in the future so for everyone to be at least 3rd world country rich you would need trillions in value getting into this, and not only that, but you will need trillions more as people are exchanging their coins for other things of value or for fiat, percentages are deceiving if we do a raw market cap value, and oversimplify things you will see that in all its history cryptos have managed to get valued at 3 trillion, for an x10 spike to happen and for everyone to be happy including the ones buying at 60k you will need 30 trillion, let's think this is possible and even that won't make everyone rich, not by a long margin.
I really think that this whole we buy 100$ with of coins and in 10 years we're rich and not doing anything else needs to stop.
Quote
In 24.10.2021 top ten coins were
...
LUNA
...
LUNA
Just lol.
I also believe that once this bear season is over, there will be some top coins that will not be able to recover and will be replaced by some new and more potential coins which is inevitable. The altcoin market is always like that, they will always change after every cycle, so to be honest, investing in the top 10 except BTC and ETH, all the rest is very risky.
The good tactic in a bear market in my opinion is to focus mainly on BTC and ETH, the rest look for new gems in the market instead of the top altcoins. For example, the recent Aptos project could also be new gems that will replace someone in the next bull season.
It’s a certain fact that altcoins in the market do not stay for long in their marketcap position, either they fall on the bottom or just gone eventually like a thin air. Even established altcoins that are on top of the list cannot sustain their position, except for ethereum and bitcoin that have been very consistent in their market position. So I’d say hodling long term for those top coins do not guarantee profits in the end. But with bitcoin and ethereum, history proves it that they can always gain sustainable profits. The good tactic in a bear market in my opinion is to focus mainly on BTC and ETH, the rest look for new gems in the market instead of the top altcoins. For example, the recent Aptos project could also be new gems that will replace someone in the next bull season.
I think blind investment to top altcoins is never that great. Thinking about Tron especially. I would never invest and hold it because its nothing more than speculative coin now. But if you dig a bit in top 25 coins and their future projections, it can be great to find coins. I feel like Bitcoin, Ethereum and BNB will still stay as market dominator coins, I don't think I can imagine 4 one in that league. But I feel like there is great possibility to see new coin that should be part of your hodl wallet.
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Please don't make make a thread to lure a newbie to invest in shitcoins, if they're only look on the percentage without doing a research they will say ETH and BNB are better than Bitcoin because ETH and BNB price is surge higher than Bitcoin, also ETH and BNB didn't loss too much like Bitcoin. The main factor is the date that the @OP use, he's choosing a particular date that make BTC performance isn't in good condition.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
I agree. It is interesting to see that ETH, XRP and DOGE have a certain age and are today in the top ten. I don't see all three staying there for the next 10 years, though. Maybe one of them will, like ETH or XRP, because apart from bitcoin it is clear that there will be cryptocurrencies that will be important and continue to be used, but betting on bitcoin is betting on a safe value, while with cryptocurrencies it is more uncertain, because bitcoin is fundamentally different from the rest and investors know that.
Please don't make make a thread to lure a newbie to invest in shitcoins, if they're only look on the percentage without doing a research they will say ETH and BNB are better than Bitcoin because ETH and BNB price is surge higher than Bitcoin, also ETH and BNB didn't loss too much like Bitcoin. The main factor is the date that the @OP use, he's choosing a particular date that make BTC performance isn't in good condition.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
What can I say if the project who make the biggest ROI and it's survive for around 14 years is only Bitcoin.
I also believe that once this bear season is over, there will be some top coins that will not be able to recover and will be replaced by some new and more potential coins which is inevitable. The altcoin market is always like that, they will always change after every cycle, so to be honest, investing in the top 10 except BTC and ETH, all the rest is very risky.
The good tactic in a bear market in my opinion is to focus mainly on BTC and ETH, the rest look for new gems in the market instead of the top altcoins. For example, the recent Aptos project could also be new gems that will replace someone in the next bull season.
The good tactic in a bear market in my opinion is to focus mainly on BTC and ETH, the rest look for new gems in the market instead of the top altcoins. For example, the recent Aptos project could also be new gems that will replace someone in the next bull season.
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