Topic: Is hodling top 10 Marketcap coins a good tactic? - page 2. (Read 2291 times)

Maybe for others that's a good tactic, but for me it can be the others that are in the top 10, I agree that it's really good to hold in the long-term. But not everything is okay for me. Because in my opinion there is nothing in the top 10 that is better to hold than those.

And for sure what I think and do, they may be doing and thinking too. Because there are many other altcoins in this industry that they also think can provide better profits in the future, although there is risk, but the investors who do this will definitely be willing to take a risk here.

Lots had been anticipating for that situation about ETH is about to reach up BTC domination in the market but it did end up on not to happen and still bitcoin was still dominant in the market. About those altcoins

below on which it would really be having that interchangeable position on which it would really be just that normal that they would really be shuffling and of course it would really be depending on the demand.
We've seen that some of projects had been kicked out of the rank and there are ones who do able to climb up on the ladder and make themselves placed into those ranks.

Good tactic? Possible because most of those projects placed on the top ranks are good ones. Although this market had suffered extreme correction but still these coins do able
to hold up their position which does simply shows that they are really that indeed a good project which does have strong support and other fundamentals.

If you're referring to the time when ETH was getting really close to Bitcoin's No. 1 position and the "flippening" looked like a probable scenario, when BTC had ~38% market dominance compared to ETH's 31% - then I have a slightly different memory of that time. I remember that had a massive positive impact on ETH's price as a lot of people, who didn't really care about ETH too much, started buying it just to hedge against the mentioned flippening (there was a huge hype around that, with flippening-watch websites popping up etc.). So I don't think that ETH's fall from that 31% was a result of people thinking the market cap was too high, but the other way around - because it was getting high, it allowed it to get even higher to the peak of 31%. But eventually, all hypes die out.

People can't really predict the world events and that was based on the past like every prediction. When fundamentals on some high cap alts are as bad as now, it's natural that people will focus on coins without a company or funding behind them. I recon that people will soon start to trust alts again as nothing new happens for a while. These court cases will take so much time that be might be over next bull cycle before there's any kind of result available. Which side will end up winning this is anyone's guess.

"10x"? That number is not based on anything. It's true that lower caps have more room to grow, but that only applies if they have any future to begin with. And no one knows if they do.


Depends, i remember when eth was high on the marketcap, people thought it was too high to move as much as lower caps. Turned out that there was so much room to grow and ETH ended up being the most profitable altcoin, even when it started from top. Top was relative to todays marketcap, but we don't know what the cap for highest marketcap will be.

The altcoin’s opportunity to rise is same as the opportunity to fall. I mean altcoins are very risky if we hold it in our wallet. These coins are basically millions in number, and hence they always fluctuate in price. Yes buying the top 10 coins listed can reduce the risk of getting losses, but still the risk will be equivalent to make you lose half of your money in couple of days. Bitcoins and Ethereums are according to me are the best coin for slow investment. Their marketcap is also high and we also know how the coins behave.

It's hardly ever a good tactic. Altcoin pump is usually delayed compared to Bitcoin and alts are the first to drop. They also tend to tank harder than BTC + the composition of the top 10 keeps changing over time, so if you want to stick to this tactic, you'd have to rebalance periodically, which also generates costs/losses.
Meanwhile, despite all the bearish news, Bitcoin's dominance has risen to over 48%. I remember some experts saying around a year ago that BTC will unlikely cross 40% and that it'll be losing dominance over time.

Holding a coin which is at a strong fundamental level or strong market capitation is absolutely not in doubt, whether it's bnb or eth or any other coin that is top 50 cmc, of course there's nothing to worry about friends. The downward rally has become a normal thing and I don't think you need to worry because bnb will definitely go up again this year or next year and the current decline is the effect of falling btc prices. Coins that have strong fundamentals like bnb, of course, their price movements follow the price of btc.

Yes, I also hold a few coins for now, but I don't feel that things are burdened in my mind about this decline because I am accumulating coins in the DCA way and I'm sure that one day the price of the coins we buy will have a significant upward rally. Well one thing that I might stay away from is coin memes because they have no development or product that would allow us to hold them in our portfolio.

I have been loyal with holding to 10 marketcap coins but right now seems not good tactic, right now many bad news coming from every where and cryptocurrency easy dropped to lower price when getting bad news. Last three weeks I invested with BNB coins when price above $320 and right now dropped drastically under $230. Its my mistake when holding with top 10 marketcap coins but before investing in BNB still hold another top 10 marketcap coins but price still drop under 30%.

But not all top 10 marketcap coins is bad tactic for holding because another my holding Ethereum success raise to higher price, my investment entry with ETH when price drop on $1,200 and still hold right now waiting for back to all time high price. Do your own research when holding with top 10 marketcap coins before have wrong tactic which one potential coins have to hold and not.

People would be thinking up on this kind of moment on which they would be realizing that getting x2 or x3 on Bitcoin would really be hard nowadays but come to think that we do still have that bull run and on ever 4 year cycle which means that we cant really be able to tell on how far it would really be able to achieve into those years but i cant really blame out people on looking into other alternatives on which they
would literally be finding up ways on dealing with altcoins or on other top ranking coins in the market.

Even myself do really make out some diversification on some top ranking coins on my port on which i didnt really go all in with Bitcoin. We know that diversification do really make out that kind of
possible benefit when the market do make out some bull run. We cant really be able to tell on which one would fly and which one would really be left behind.
If you do put up on the right spot then profits would be something that significant.

That's a weird take.
What do you mean Bitcoin is expensive compared to others? What metrics are you looking at? Price per coin, market cap?
If I offered you a newly created token at $0.01 each would you buy it just because it's "cheap"?
Sure, it's possible that some altcoins will go x10 or more overnight, but that will not happen for all of them (many will drop to zero and die). And unless you can predict exactly which of them will pump and when (which you can't) then, historically speaking, holding BTC is a much more profitable option, as explained somewhere at the beginning of this thread.

Because it can be said that it is the initial foundation for us in starting to invest or anything related to the future that we hope for.
However, planning is important and we must always remember that a plan is one of the most vital things that must exist, even though sometimes in this case we also cannot expect it to always be good but at least as long as there is planning that we do then we will still stay on track without deviating and fixing unexpected conditions without having to start from scratch.
When indeed being in bitcoin has been planned from before with the condition that we are ready with the knowledge that we continue to learn and others that support it, of course we will be a little better than deviating from the original plan when we want to be in bitcoin but are distracted just because we see the pump in shitcoin.

I understand and I quite agree with desvirifaction it is something that is quite important but in other conditions when saying bitcoin is too expensive forever maybe you will continue to lag behind in my opinion.
Indeed in this case when looking at the price bitcoin is clearly the single most expensive when compared to the altcoins you said but that doesn't mean there is no way to buy it. We are also not required to buy 1 bitcoin or even more than that at once, therefore there are strategies that are carried out such as when we buy by means of DCA or wait in the current decline.

As investors we have to divide money into many types of investment types, like we know that bitcoin is already very expensive compared to others, so a good opportunity is to buy altcoins, the opportunity for altcoins to rise is 10x greater than bitcoin because most altcoins are cheap, and of course it's a good idea if we hold the top 10 rankings because it's safer.

There are several points that I can get in this regard and for the first I agree with saying that we must have careful planning when investing because as you said this is how we manage our finances, of course in this case we must have good planning from the start because it would be very stupid if we did invest without any planning and preparation.
On the other hand, talking about the shitcoin discussed in this case which of course still relates to the top 10 coins there, of course we also realize that it is a condition where many people are comfortable with the coins that are there but in the end it remains the same actually bitcoin is always being the beginning and the end there is nothing else than that, as for the other numbers, even though there are many opinions, they return to conditions where this depends on themselves, although in this case the good advice is, of course, to stay in bitcoin, not with the others.

Investment is a form that has risks and whether you realize it or not, things like this cannot be changed.
As you said, just being in bitcoin for now obviously doesn't mean we will get a definite profit because indeed this is only hopeful by looking at the progress in bitcoin but that doesn't mean the possibility of profit is certain here.
Even though it's like that, of course for this it's worth it for bitcoin because we know the track record for them as for the others, especially shitcoin, it's not wrong to say it's gambling in the hope that there will be whales pumping there and of course this is not recommended but if it is still intend there I might emphasize that the word investment was omitted because indeed these are 2 different things when looking at shitcoins and saying investing there is in my opinion wrong because indeed it only depends on luck to bring them to hype not the belief that they will be profitable.

That's how it should be, but sometimes it seems like DYOR is a bit of a ruse nowadays because everything feels normal even if we make mistakes over and over again just because the word DYOR seems to be a defense.
Pumpamentals  I love this word lol. But when it comes to shitcoin I'm still the same as my previous view because it's not an investment but a gamble with the hope of "pumpamentals" as you said so there's no need to find a lot of excuses with the word DYOR or whatever because projects like this won't last long considering it's just hype.
In being in a coin like this with the word Investment I think it is too much because regardless it is gambling with style and DYOR there is just a classic excuse that is only an excuse when the shitcoin that is believed to be pumped does not go well.

I still feel that it is a mistake when we talk about Investment but have no prior planning.
Careful planning starting from the condition of the financial division, the target where we will start and where we will stop must be seen from the beginning because this in my opinion is like a prerequisite when we want to do it well. When doing without planning from the beginning and just entering I think it's the same as betting.

Now in this case we also have to realize that even though investment will not always go well because it is in bitcoin alone still has conditions where we are still uncertain whether it will go well or not but of course we have to see what projects we see because indeed if only projects centered on memecoin or shitcoin are getting more and more for now I still feel that there is no need for further research on this because indeed the conditions will still remain the same, namely pump and exit quickly because projects like that will not last long.

You are not really describing anything new... yeah sure the problem seems to be worse with some projects as compared with others in terms of whether any of the raised money ends up getting spent on actual development rather than hookers, lambos and blow.

There's a bit of a disincentive for the receivers of the money to actually development if they receive $millions and even $100s of millions without hardly any strings attached and hardly no one to hold them accountable.. to the extent that they might have had started out with actual integrity to actually try to do the thing that they said that they were going to do with the money.

Investing in coins in the top 10 ranking is risky already because investment is not without a risk. There is no guarantee that the top 10 coins will remain the top 10 coins after 365days. But the risk is reasonably manageable than investing in top 100 coins. In the top100 coins, investments there I rather call it gambling than investment because as you said above, they have low liquidity and can be manipulated easily by whales which will make much number of X or still plunge one to huge losses.
But then, investment outside the top 100 coins is totally insane by this time.
But when the cryptocurrency market started newly, we did excellently well, but now, the project developers are something else and they have the mindset of scam even before building the project.

When talking of investment sometimes I sees it to be as something we don't really planned for it but rather wanting to invest since the news around keeps flying coin z is doing well so people who are easily attracts with much profits would eventually dive into without taking an appropriate measure or to determines if they could bear the lost when the investment turned against.

Sometimes we can classify investment to be a 50/50 game because you and I might not foresee the future of the project but we are only and always optimistic of being positive that something good would come out of the project, and if it happens that it doesn't go according to how we planned and predicted possibly ran into lose then the slogan of "DYOR" takes effects without knowing and people thinking that something like this is inevitable and may happened to anyone out there.

Psychology of you (me) making profits in any investment is so uncertain why because you don't have a vision eyes to see the next hour or what tells about the next person in singular relation to what they may harness whatever they have ventured into as investment.
usually, when it goes in a wrong way people might think and thought one is lagging behind what it should know about related project or coin they have decided to venture into as called of investment, that is why as for me when passing info or conveying some information to any relatives the first thing that usually usher from me is bitcoin is the best alternatives but investing in altcoin is not secured and guaranteed for any reason so, chose wisely and do not let others known about your failures.

I have came to witnessed those who are being moved and controlled by hype and over washed media influencers who are eagerly there attract investors probably being paid for such silly acts without knowing that newly investors are entrapped for a self gain and profits to increased maximization of wide spread of the project to hit the targeted audience. The better people start thinking straight about altcoin and shitcoin the better they stopped making losses but what happened is that, people never cease to share good testimonies about project why because they are fortunate enough to have gotten the information on time to have invested before others that's why those who invested lately are always a victim of leaving empty token them while some people calls it lost of investment that always results "DYOR".

You seem to be so close o48o - yet also so far.

The safest asset in "crypto" is bitcoin.. there is nothing even close - even though various shitcoins might pump and dump around the price of bitcoin, there are no fundamentals to give the various shitcoins value beyond how they are pumping around bitcoin and how they are tied to bitcoin, even if they might have some short-term periods in which they pump more than bitcoin...

And the other thing is that you are likely correct that people who have traditional wealth are struggling to figure out where to place various aspects of their value, whether it is in equities, property, commodities, bonds (and cashlike products) and crypto.. and within the classification of crypto, there is likley no need to go beyond bitcoin .. even though surely there are folks who want to diversify for the mere sake of diversification and they might believe that there could be some value to diversify in within crypto when there is no real need to go through such additional diversification since bitcoin already captures the space and already provides whatever possible (and likely) lack of correlation to those other markets - even when a lot of people get confused in regards to the extent to which bitcoin is correlated to those other markets or not, which largely seems to be a failure to zoom out and a failure to understand bitcoin.. ..

So maybe there could be some smart people who might figure out ways that value might come from diversifying beyond bitcoin within the crypto space, and likely they would have just gotten lucky rather than really seeing where the value is at and where you want to put your wealth (at least the crypto portion of your investment portfolio) which is likely almost exclusively into bitcoin - except maybe some small ventures into some other shitcoins that might be seen as a kind of outlier possibility.. and may or may not be in the top 10 of coins if there might be some ways that they might be considered to be something to include whether on a shorter time line or maybe even a longer timeline. .

....but it would likely best to be quite judicious in terms of making choices beyond bitcoin and for sure there are some interesting attacks going on in recent times that contribute to quite a bit of uncertainty regarding more banks to go down or even more banking relations (whether in bitcoin or crypt) or even delisting of coins on exchanges that could cause exchanges to shut down or to relocate or even to rug pull users during these kinds of times... so of the outcomes could relate to things that might actually happen, but sometimes there can be contagion and snowballing that merely comes from things that are thought could happen.


DYOR should translate into figure out bitcoin your bitcoin strategy first before even considering investing into shitcoins, and if you invest into any shitcoin, be really sparing in regards to the shitcoin(s) that you choose.. and perhaps some DYOR might help, to the extent that pumpamentals can even be figured out - if anyone is investing based on pumpamentals.. or if they come to the conclusion that some kind of a shitcoin has long term staying power and they have a possible long term investment into that shitcoin based on its ability to have long term staying power, and yeah if a lot of shitcoins are being invested into, then surely it might not be possible (or easy, or practical) to DYOR on each of the coins, so we likely realize that people are not really engaging in DYOR... especially if they have not even figured out bitcoin first, because if they figure out bitcoin first, they may well realize that they do not need to DYOR on various scam projects that are in the space (whether in the top 10 or further down the CMC list of shitcoins).


Oh gawd.. lots of dilution in your various proposed possible strategies there eightdots.  Sounds pretty dumb to go beyond buying one or two coins, besides bitcoin, but hey whatever, normies have their theories and their ways to make sure that they ensure that they continue to persist in their condition of having fun staying poor.

This situation is directly proportional to the expectation of the person. How many x can a coin that has entered the top 10 and proven itself can do in total. If a certain amount of increase is enough for the investor and does not want to take too much risk, he may prefer these coins. Such investors can split their money to buy certain coins. I give an example; Let them allocate 60% of their money for the top 10 coins, and the remaining 40% for lower ranks or new projects. I think it makes more sense this way. Every investor should act with their own decisions, so I don't think I will buy all the top 10 coins directly.

In order to catch large increases, as you said, the coins after the first 100 can also be looked at.

In the current situation, I think the word "DYOR" is too much of a last resort to make things that are actually risky seem normal.
For example, when in Shitcoin and getting instant profits there we always say that it is a very good thing when following the hype and maximizing profits there but on the other hand when we are trapped in that, of course the same reason continues to repeat itself and is considered normal because of the word "DYOR".
Even if it does say that as a reminder that we should research further but that doesn't mean it can be used for all conditions I think.
Being in shitcoin many times and continuing to fail as if everything is okay because of DYOR I think it really becomes a condition where everything seems to repeat itself and those who do it never understand and learn further that being there only costs time, energy and money. The high expectation of the shitcoin pump sometimes always blinds the eyes that something like this even though I wouldn't say this is wrong but I think it's a little bit inappropriate.