Topic: Managing Your Altcoin Assets - page 3. (Read 14929 times)
if that happens to me then I will sell that has value and swaps into the form of bitcoin or ethereum, and examine one by one whether or not it has value. maybe you can check your erc20 address in deltabalances if the token has become trash you can just throw it away or save it as a memory.
It is difficult to manage assets when the red market is like now, always following the latest updates and news is important because many coins continue to drop and are worthless.
I also have same issues. Most of the coins I have from bounty tasks. Since now almost every project is asking to use their specific(partner) wallet to receive bounty rewards, my altcoins are stored in different places(and down the line I am not sure if I can keep track of all or them). Also these coins are not listed to a good exchange or a single exchange where I can collate all those to one platform and do sell or trade.
However, I would like to hold all my assets until I get very good returns. My investment goal will be for long term and will be watching market all the time and meanwhile collecting more altcoins.
Lets see which will be next bitcoin
However, I would like to hold all my assets until I get very good returns. My investment goal will be for long term and will be watching market all the time and meanwhile collecting more altcoins.
Lets see which will be next bitcoin
I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
In a bear market naturally all the coins will fall and you will seem that all the coins and you should get rid of , but I wouldn't advise doing this if you got from the bounty and airdrop these coins , forget it for a year and a year bound to be growth My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
I've come to realise that there are so many shitcoin in the cryptocurrency space and these shitcoin are basically altcoin. Several altcoin derived from airdrops and bounties are turning to shitcoin. The best way for managing the situation is to convert your altcoin to ethereum or bitcoin and hold only altcoin that have a realistic chance of getting high return in the future. Only few altcoin are worth holding.
I would keep holding all the coins until the new bullrun starts. During bullrun any of your coins will grow and if you don't need any coins you will be able to exchange them for ETH or BTC. But in any case, you should learn more about your coins to determine which of them are promising, and from which it is necessary to get rid of.
What you need to do is group your Portfolios based on tokens utility, then time of hodl long term short term or for swing trade. That way you know when to sell your tokens and when to hodl.
In 2018 I sold many minor altcoins and almost all coins that have their own blockchain except for biggest ones... I couldn't manage so many tokens.
I advise you, if you can't decide, sell half of the coins what you have. I hope you have not lost too much money. Then you should wait until the market recovers itself.
You better check one by one altcoin that you have. for bounty tokens and ICO, it's better to check the telegram, whether their team is actively developing their project or not. That way, you can decide to sell the tokens or not. For airdrop tokens, you better sell them. There's no point in keeping it.
Hold a good altcoin that you think will increase in the future. Because the crypto market will be slow to recover quickly. So you just hold the altcoin with the potential to increase in value in the future.
If that were me, i will select all the coins that still has value when sold, especially coins that i get from bounty. and for the coins that i get from the market/ICO i will keep them until the price is right again.
You should frequently evaluate the alts potential to decide if it worth to keep them or sell.
Verify if the team respects constantly the milestone, if volumes are ok on exchanges, if marketing is done correctly, as without marketing, a project does not exist, no matter how good it is etc.
Well i think we are all wanted to earn here, and nobody wanted to loss thier asset. So I think evaluating is always an important task to do as investors, we really need to have an update and we also need to control our self emotion because crypto is really unstable and we can also loss a huge amount of profit on it if we don't have the interest to evaluate everything. Verify if the team respects constantly the milestone, if volumes are ok on exchanges, if marketing is done correctly, as without marketing, a project does not exist, no matter how good it is etc.
You should frequently evaluate the alts potential to decide if it worth to keep them or sell.
Verify if the team respects constantly the milestone, if volumes are ok on exchanges, if marketing is done correctly, as without marketing, a project does not exist, no matter how good it is etc.
Verify if the team respects constantly the milestone, if volumes are ok on exchanges, if marketing is done correctly, as without marketing, a project does not exist, no matter how good it is etc.
I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
I recommend you to rebalance your portfolio. Do some research about your projects, look at activities in social media, Github, forums. If projects looks like abandoned, sell it and reinvest in trusted altcoin or BTC. My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
before deciding to sell your altcoin assets, you must know one by one first whether the coins you have are already registered in the exchange market. it's good if you do not believe in the growth of coins that you hold in the future, when the type of altcoin that you have already has a high enough value in the market immediately to make a sale, from the sale you can change it back to some potential coins such as bitcoin and ethereum because these two types of coins have good potential for the future
You can never buy on bottom or sell on the top (although sometimes it can happen coincidently), sell your coins for better ones which can bring you passive income, or just gamble on potential good coins you just might get rich haha!
I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
before deciding to sell your altcoin assets, you must know one by one first whether the coins you have are already registered in the exchange market. it's good if you do not believe in the growth of coins that you hold in the future, when the type of altcoin that you have already has a high enough value in the market immediately to make a sale, from the sale you can change it back to some potential coins such as bitcoin and ethereum because these two types of coins have good potential for the future
With the current market conditions it would be better if you hold the altcoin assets that you have, because selling now has not got maximum results, wait until the market rises and you can sell it so that it will benefit, and you must patiently wait for the market to rise again
The market influence is quite large, so most altcoins will definitely experience price declines. It's a good idea to look for information regarding sales through websites or social media or official chat groups from tokens that you hold. You must pay attention to it so you don't lose the right timing.
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