Is hodling top 10 Marketcap coins a good tactic? - page 7.

Ryu_Ar1

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Quote from: BALIK on May 01, 2023, 04:43:35 AM

Quote from: Ryu_Ar1 on April 26, 2023, 03:39:17 PM

Quote from: Inspiron14 on April 25, 2023, 01:17:03 PM

it can be said to be a good tactic if you don't want to take high risks,
because Coinmarketcap's top 10 can be said to be 90% guaranteed very good fundamentals and even if bullish comes then the top 10 can go up to 2x,
but if you want to take risks by investing in altcoin gems like in the top 1000 rank maybe, then you can get 1000x if you are lucky.

I actually feel that the top 10 is also a very high risk because seeing from the top 10 it is only filled by a few stable coins and of course you can see shitcoin there especially for number 8 now Grin

I personally feel that to be in altcoins of any kind for the top 10 is clearly very high risk regardless.
The conditions are a little complicated if you really force it even though there are some coins that mostly expect the heights of ETH and BNB for example but that is clearly still far greater risk than bitcoin.
I probably wouldn't say they're bad in this case, but of course bitcoin is the obvious choice and only number 1 to look at of course.

Investing in altcoins is very risky compared to bitcoin, but the higher the risk, the higher the return. I am not interested in investing in old altcoins because to me, investing in altcoins should only be classified as short and medium term. But except for ETH, it is riskier than bitcoin, but it is also the top safe to invest in this market, and I think it will give a higher return than bitcoin.

In 8th place is dogecoin, it is shitcoin, but you have to agree with me it has been around longer than we think, and many potential altcoins like LTC or EOS...All fall behind, but Doge is still here with us, even bringing huge profits to many.

If you are here to invest in technology and looking for a solution to replace the outdated fiat system, bitcoin is the perfect choice. But if you are for profit, there are many options besides bitcoin. I mean, we still invest in bitcoin, but don't miss other opportunities.

Well what you said is true when you don't miss the slightest opportunity you have, but on the other hand in this case everyone is also free to do anything in their own way as long as they are aware of the risks they will face later.

For me, I don't want to do something like that because it crosses my own boundaries. let's say in this case I am a coward not to jump into altcoins in Investment, but on the other side of my view, I prefer bitcoin and I will do it completely there regardless of others because it goes back to the much higher risk there.
Although indeed in this case bitcoin is also still not a guarantee for that but indeed it is a risk that must be taken and my limits remain there without regard to others.

carlfebz2

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Quote from: BALIK on May 01, 2023, 04:43:35 AM

Quote from: Ryu_Ar1 on April 26, 2023, 03:39:17 PM

Quote from: Inspiron14 on April 25, 2023, 01:17:03 PM

it can be said to be a good tactic if you don't want to take high risks,
because Coinmarketcap's top 10 can be said to be 90% guaranteed very good fundamentals and even if bullish comes then the top 10 can go up to 2x,
but if you want to take risks by investing in altcoin gems like in the top 1000 rank maybe, then you can get 1000x if you are lucky.

I actually feel that the top 10 is also a very high risk because seeing from the top 10 it is only filled by a few stable coins and of course you can see shitcoin there especially for number 8 now Grin

I personally feel that to be in altcoins of any kind for the top 10 is clearly very high risk regardless.
The conditions are a little complicated if you really force it even though there are some coins that mostly expect the heights of ETH and BNB for example but that is clearly still far greater risk than bitcoin.
I probably wouldn't say they're bad in this case, but of course bitcoin is the obvious choice and only number 1 to look at of course.

Investing in altcoins is very risky compared to bitcoin, but the higher the risk, the higher the return. I am not interested in investing in old altcoins because to me, investing in altcoins should only be classified as short and medium term. But except for ETH, it is riskier than bitcoin, but it is also the top safe to invest in this market, and I think it will give a higher return than bitcoin.

In 8th place is dogecoin, it is shitcoin, but you have to agree with me it has been around longer than we think, and many potential altcoins like LTC or EOS...All fall behind, but Doge is still here with us, even bringing huge profits to many.

If you are here to invest in technology and looking for a solution to replace the outdated fiat system, bitcoin is the perfect choice. But if you are for profit, there are many options besides bitcoin. I mean, we still invest in bitcoin, but don't miss other opportunities.

And this is what others love and this is why they do take much risks whenever they do see that it is something that worth considering that they do make out some comparison in between prices compared into the present and into those previous years on which couldnt blamed then on if ever they would be having a target on acquiring top #10 coins in the market and would be accumulating it year by year continously.

Well basing up into those numbers then we could actually say that there's really a future on holding up for longer time aspect.This would rather be just a test of patience since not all really that
having that long line specially on waiting time. This is why they would really be that impulsive on taking up actions just because they cant really just wait more longer.

Good tactic? Success rate based on OP was indeed that great because if we do see on how high coins been able to reach out then you could really say that it is really
that worth than on making your fiat stay on your bank account which you do receieve ><1-3% per annum. Cheesy

GigaBit

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Quote from: Pejoh Asu on April 29, 2023, 09:26:06 AM

Of course this is a good strategy, holding top 10 is a safe way because projects that are already in the top 10 have great capital strength so they will continue to grow, the best thing is to hold 10 ranks and hold in the long term, never sell when you lose because it is always there is a time to sell with profit.

The top 10 coins include Bitcoin, Ether, and BNB. Investing in these coins is definitely less risky. Some say that coins ranked in the top 100 by market cap are almost all good coins. But I don't agree with that logic. Because there are many coins that have a lot of trading volume but are not included in the top exchanges. All those coins fell back from the 100 ranking at some point. But surely all the coins in the top ten are ahead in terms of reliability. I would suggest to choose Bitcoin first for investment and if an investor invests in any of the top 10 rankings considering his financial status he will be able to earn a good amount in the long term investment.

KiaKia

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I don't like holding the top 10 coins in my portfolio, apart from Bitcoin and Ethereum I don't see any other that's worth holding for the long term, things change very fast and the best projects in the crypto space today might lose their position in the next bull market, do not be fooled by those top altcoins, they can't always be in the same position as new ideas are been brought to the blockchain every time.

The next big altcoins that will take over the top 10 list in the coming bull market will be different, that's why it's better to go for new projects that are very popular, they have the hype and money to become the next big alt in 2025, the likes of Aptos, SUI, Arbitrum and many new upcoming projects.

Davian144

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Quote from: Pejoh Asu on April 29, 2023, 09:26:06 AM

Of course this is a good strategy, holding top 10 is a safe way because projects that are already in the top 10 have great capital strength so they will continue to grow, the best thing is to hold 10 ranks and hold in the long term, never sell when you lose because it is always there is a time to sell with profit.

Don't think that the top 10 rankings are always occupied by the same coin every year because for the top six to ten ranks there is always the potential for change because the competition for demand and supply volumes is very close. So that you also need to think about and look at carefully besides the option to hold everything for a long time, although in general it's not bad to hold everything (coins that are in the top 10).

But you also have to be very aware that in the following year there could be another coin that enters the top 10 ranking to shift the existing coins so that makes everyone think that those that are already in the top 10 in terms of ranking will never last long. However, for the first to the top five ranks, I'm sure that it won't be so easy for the others to move (unless there are moments that can make them move) to a lower rank.

BALIK

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Quote from: Ryu_Ar1 on April 26, 2023, 03:39:17 PM

Quote from: Inspiron14 on April 25, 2023, 01:17:03 PM

it can be said to be a good tactic if you don't want to take high risks,
because Coinmarketcap's top 10 can be said to be 90% guaranteed very good fundamentals and even if bullish comes then the top 10 can go up to 2x,
but if you want to take risks by investing in altcoin gems like in the top 1000 rank maybe, then you can get 1000x if you are lucky.

I actually feel that the top 10 is also a very high risk because seeing from the top 10 it is only filled by a few stable coins and of course you can see shitcoin there especially for number 8 now Grin

I personally feel that to be in altcoins of any kind for the top 10 is clearly very high risk regardless.
The conditions are a little complicated if you really force it even though there are some coins that mostly expect the heights of ETH and BNB for example but that is clearly still far greater risk than bitcoin.
I probably wouldn't say they're bad in this case, but of course bitcoin is the obvious choice and only number 1 to look at of course.

Investing in altcoins is very risky compared to bitcoin, but the higher the risk, the higher the return. I am not interested in investing in old altcoins because to me, investing in altcoins should only be classified as short and medium term. But except for ETH, it is riskier than bitcoin, but it is also the top safe to invest in this market, and I think it will give a higher return than bitcoin.

In 8th place is dogecoin, it is shitcoin, but you have to agree with me it has been around longer than we think, and many potential altcoins like LTC or EOS...All fall behind, but Doge is still here with us, even bringing huge profits to many.

If you are here to invest in technology and looking for a solution to replace the outdated fiat system, bitcoin is the perfect choice. But if you are for profit, there are many options besides bitcoin. I mean, we still invest in bitcoin, but don't miss other opportunities.

ancafe

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Quote from: salad daging on April 30, 2023, 02:49:43 AM

Ethereum has a good ecosystem than the others but still that risk will always be there including bitcoin too but bitcoin will be much better because it has a long history with increases in maintaining it so that many people dare to invest in bitcoin as the main given the significant increase and has a cycle that many people always wait for every 4 years.

I'm not too sure about altcoins because there is a greater risk in times of decline that it is difficult to recover, while bitcoin is a more dominant asset among large investors or other institutions, about experiencing negative market conditions and you holding bitcoin of course the key is only patience to wait because the price will one day recover.

We should stop talking about risk whenever it comes to investing, because almost all forms of investment in this world are quite risky, but what we need to talk about is steps to minimize this risk. There is a saying that we often listen to, if someone doesn't dare to take risks, then they should be in their comfort zone and not get involved in investing.

This reason actually makes us choose bitcoin because basically bitcoin can minimize the risks arising from investments by waiting for the next recovery process if a correction occurs, while altcoins are difficult to recover on the market when a correction occurs, because altcoins usually follow the bitcoin process.

rby

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Quote from: Nrcewker on April 29, 2023, 08:45:37 AM

Holding top 10 coins can be a good idea. It’s good to hold these coins, as these coins marketcaps will be comparatively higher than other cryptos and hence the chances of facing losses will be less. These coins will be great to earn steady but small profits. But if you want quick and greater profits then you have to analyse the market and choose the best coins according to the profits algorithms. I would suggest that less profit is better than high risk profits. Rest is upto you guys.

We have many people believing many different things on the cryptocurrency market and that is why it is advisable to do your own research at any time before invest. While drawing conclusions from the OP, you will understand that for couple of years, top 10 coins have been on a steady profit and not even small margin profits. Example is the BNB which had increased so much within 3yrs.
We have different believers in the market which I can categorise as;

Bitcoin believers (These set of people do not think that any other coins apart from BTC is worth it
We have the top 10 altcoin believers such as described by Op
We have shit coin and meme coin gamblers who hope for huge return within a small space of time

It is best to do what works for you for years, but for newbies who hasn't got patterns yet should start with bitcoin and first study the industry and how it works.

salad daging

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Quote from: ancafe on April 30, 2023, 01:24:00 AM

If you intend to invest in altcoins then ETH is the closest source that is far more reliable, regardless of the risks and price fluctuations and market conditions that affect it. But I agree more if people prioritize bitcoin, because it has been proven to be much more reliable when people hold it, every decision depends on how someone wants to use it and all forms of investment are never free from the risks that arise.

If someone wants to keep cash flow safe, then bitcoin is the closest source that can be relied on, they only need patience to wait for the process to increase when the market returns negative and simply bitcoin can maintain the value of the investments we run, so there is no need to worry about losing money under any circumstances.

Ethereum has a good ecosystem than the others but still that risk will always be there including bitcoin too but bitcoin will be much better because it has a long history with increases in maintaining it so that many people dare to invest in bitcoin as the main given the significant increase and has a cycle that many people always wait for every 4 years.

I'm not too sure about altcoins because there is a greater risk in times of decline that it is difficult to recover, while bitcoin is a more dominant asset among large investors or other institutions, about experiencing negative market conditions and you holding bitcoin of course the key is only patience to wait because the price will one day recover.

ancafe

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Quote from: Ryu_Ar1 on April 26, 2023, 03:39:17 PM

I actually feel that the top 10 is also a very high risk because seeing from the top 10 it is only filled by a few stable coins and of course you can see shitcoin there especially for number 8 now Grin

I personally feel that to be in altcoins of any kind for the top 10 is clearly very high risk regardless.

Of all the cryptocurrencies that exist and are registered they have a level of risk, but the difference is that for altcoins and shitcoins it doesn't make sense to invest, except for people who are ready to accept risks and know potential altcoins.

Quote from: Ryu_Ar1 on April 26, 2023, 03:39:17 PM

The conditions are a little complicated if you really force it even though there are some coins that mostly expect the heights of ETH and BNB for example but that is clearly still far greater risk than bitcoin.
I probably wouldn't say they're bad in this case, but of course bitcoin is the obvious choice and only number 1 to look at of course.

If you intend to invest in altcoins then ETH is the closest source that is far more reliable, regardless of the risks and price fluctuations and market conditions that affect it. But I agree more if people prioritize bitcoin, because it has been proven to be much more reliable when people hold it, every decision depends on how someone wants to use it and all forms of investment are never free from the risks that arise.

If someone wants to keep cash flow safe, then bitcoin is the closest source that can be relied on, they only need patience to wait for the process to increase when the market returns negative and simply bitcoin can maintain the value of the investments we run, so there is no need to worry about losing money under any circumstances.

shinratensei_

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generally these top coins are the ones that gonna experience the bullrun first hand, but the thing is, they mostly already have high value, so therefore you should find good entry by waiting until some of them got their value cut down more than half and then invest, back then when we are at bearish season investing in these coins was really beneficial, so many of them actually losing 80% of their value, for veteran that time was certainly their season of making an entry towards the high ranked coins in general and make some good profit once trend is changing even if these coin just did some recovery they already generating massive profits.

but certainly such chance didn't come twice within short time frame but i still think that currently investing in these coin would still give you good profit only if you patience enough until next bullrun coming.

Pejoh Asu

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Of course this is a good strategy, holding top 10 is a safe way because projects that are already in the top 10 have great capital strength so they will continue to grow, the best thing is to hold 10 ranks and hold in the long term, never sell when you lose because it is always there is a time to sell with profit.

Nrcewker

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Holding top 10 coins can be a good idea. It’s good to hold these coins, as these coins marketcaps will be comparatively higher than other cryptos and hence the chances of facing losses will be less. These coins will be great to earn steady but small profits. But if you want quick and greater profits then you have to analyse the market and choose the best coins according to the profits algorithms. I would suggest that less profit is better than high risk profits. Rest is upto you guys.

Ryu_Ar1

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Quote from: Inspiron14 on April 25, 2023, 01:17:03 PM

it can be said to be a good tactic if you don't want to take high risks,
because Coinmarketcap's top 10 can be said to be 90% guaranteed very good fundamentals and even if bullish comes then the top 10 can go up to 2x,
but if you want to take risks by investing in altcoin gems like in the top 1000 rank maybe, then you can get 1000x if you are lucky.

I actually feel that the top 10 is also a very high risk because seeing from the top 10 it is only filled by a few stable coins and of course you can see shitcoin there especially for number 8 now Grin

I personally feel that to be in altcoins of any kind for the top 10 is clearly very high risk regardless.
The conditions are a little complicated if you really force it even though there are some coins that mostly expect the heights of ETH and BNB for example but that is clearly still far greater risk than bitcoin.
I probably wouldn't say they're bad in this case, but of course bitcoin is the obvious choice and only number 1 to look at of course.

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Quote from: bittraffic on April 24, 2023, 08:17:36 PM

Since OP's last update 24.10.2021, he lost an amount of his investment as all of these top 10 coins had dived down. It was the time of bull run but when the bears started the value was drained.

I think he should be investing during the time of the bear market or the time when he can assume the market had bottomed. Let's say Nov-Dec 2022, then he could have made profits. Or this week could still be a good time to start the 10 top coin investment journey. Then check out the value during the bull run after halving. The value should be something to brag about.

Time was chosen because i happened to gather the data in 24.10. And it was the bear market then. In hindsight you obviously know when market is bottomed to put your money in, and i feel that if i waited and tried to make it look like i invested absolute bottom, it would be cheating. And my latest virtual portfolio (24.10.2022) is still back up 15.19%
https://www.cryptocompare.com/portfolio-public/?id=605715

And i hope i don't need to explain that these are not portfolios with real money in them, they are examples. I don't have real money in them. And if i had, that loss of 24.10.2021 portfolio would be a nothing compared to other gains. I will be doing follow up with 24.10.2023 data

Nwada001

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Anyone who is looking to cash out real quick 5–10x of their investment won't go for the top 10 listed coins or tokens, the reason being that those who have made it to the top have already gained more than enough to give a 10x in a short period of time. It's only when one wants to think of risk reduction measures that the person will choose those top 10 coins, and those who have a long-term investment plan mapped out to hodl for long and not just after a quick coin.

Anyone after getting something huge real quick on the market always goes for coins that they think they will rug pull immediately, which are coins below the top 100 on the market ranking, but those coins are always there with a higher risk.

Those who have invested in tron (TRX) in the past year have just been rotating in one place for the past few months and years, but that kind of investment is less risky because its price is hardly so hard, and even when it does, it still revives in a short time.

Quote from: dragonvslinux on April 24, 2023, 02:49:02 PM

Also to point out is that out of the 23K coins listed on coinmarketcap for example, only around 2600 actually have a registered (verfiable) market cap. If you look at P27 for example, the market caps drop to $0. So when discussing the overall total market cap of cryptos, it's not cacluated by the 23,000+ that exist, but only the 2600 that have a registered criculating supply. Just thought I'd trough that fact into the mix as many assume the total market cap is calculated by all cryptos, whereas it's only around 11%. Obviously these market caps don't acknowledge available liquidity, but otherwise they are relatively reliable to compare different shitcoins.

Thanks for this tip. Before now, your explanation was exactly how I made my own assumption: even the shitcoins with little volume and liquidity are added up to the sum of the total crypto market capitalization.

Inspiron14

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it can be said to be a good tactic if you don't want to take high risks,
because Coinmarketcap's top 10 can be said to be 90% guaranteed very good fundamentals and even if bullish comes then the top 10 can go up to 2x,
but if you want to take risks by investing in altcoin gems like in the top 1000 rank maybe, then you can get 1000x if you are lucky.

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Quote from: bbigtart on April 25, 2023, 11:01:11 AM

If someone is only relying on investing in the top 10 market cap coins, they might be disappointed if those coins don't generate a sizable return. In addition, if they only invest $500, the profits made may not be significant, especially if the price of Bitcoin remains stable or even declines in the next few years.

So, crypto investments should be made with caution and need to be considered carefully. In addition, you should not only rely on investing in a few coins, but diversify your portfolio by choosing coins that have good profit potential and well-managed risks. However, my choice of investment is still the most important bitcoin because bitcoin never disappoints.

I understand that you prefer to keep Bitcoins as a long-term investment rather than actively trade with altcoins. Every investor has different preferences and there is no right or wrong choice in this regard.

However, what we should also know is that altcoins also have huge profit potential, especially if you do proper analysis and research before trading for profit, such as ETH and BNB. Not all altcoins are the same, and some of them may have interesting fundamentals with high potential returns.

However, in the end, the decision to trade or hold Bitcoin is the best choice for the future and I think the goal of all investors is to save as much Bitcoin as possible. Everyone will be comfortable with bitcoin without having to worry and we can also make consistent profits, which is a good thing.

bbigtart

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If someone is only relying on investing in the top 10 market cap coins, they might be disappointed if those coins don't generate a sizable return. In addition, if they only invest $500, the profits made may not be significant, especially if the price of Bitcoin remains stable or even declines in the next few years.

So, crypto investments should be made with caution and need to be considered carefully. In addition, you should not only rely on investing in a few coins, but diversify your portfolio by choosing coins that have good profit potential and well-managed risks. However, my choice of investment is still the most important bitcoin because bitcoin never disappoints.

Lanatsa

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Quote from: uswa56 on April 25, 2023, 12:18:45 AM

Quote from: CageMabok on April 24, 2023, 11:02:57 PM

Quote from: MiF on April 24, 2023, 03:08:43 PM

Holding top 10 marketcap coins a good tactic, because market cap is one of the basis that we can say that the coin is good for holding the market cap of the coins describes what kinds of coin we invest or how popular it is, good altcoins like eth an bnb has a high market cap and they are popular means they are legit and good to buy and hold.

Altcoins like ETH and BNB are great, but I often use them as just my trading assets to take a little profit at a given moment because I prefer to keep Bitcoin for a long time so I don't trade Bitcoin. Taking small profits from trading altcoins is also a tactic as these profits can also be pooled to buy Bitcoins and store them for a long time. I do this because I have always loved releasing Bitcoin at a cheap price into the market so I made the option to trade altcoins only because I don't have as much affection for all altcoins as I have my love for Bitcoin.

regardless of whether you like it or not but in my opinion trading the top 10 Altcoins is still very profitable like BNB and ETH, at a much lower price than Bitcoin it is possible to reap a lot of profits compared to the profits that can be obtained by trading Bitcoin with the same percentage of capital.
if to save for a long time it is a little risky compared to Bitcoin, but the benefits that will be obtained are still quite worth it.
i up to now still choose to keep some top coins, i think it will be very profitable in future.

When it comes to selection of coins on which one you would really be trading or investing would be entirely depending into your own preference since we do really have different approach when it comes to our investment whether we would really be just solely focus on Bitcoin or would really be tending out to diversify as much as we could. We arent that blind nor numb enough not to determine or not to notice in comparing about potential income or profits specially on longer years to come. In comparison about those old years upto the present, then we've seen on how far we do able to reach out.
There are ones who had been replaced into its ranking or placement on the ranks and there are ones who do retain which does simply imply that they are really that a solid or good project to have on.

I cant say about being a good tactic specially if you do go all in, but if you do have doubts or anxiety when it comes to decisioning or whatsoever then it would be better if you do
stick out with the current best one which is Bitcoin. Doesnt matter whether you would be holding it for long term or would be actively trading it.

Topic: Is hodling top 10 Marketcap coins a good tactic? - page 7. (Read 2291 times)