Topic: Managing Your Altcoin Assets - page 5. (Read 14929 times)
I don't think having that amount of different Altcoins is a good idea in holding because it is too many coins that some of it turns to shitcoins. If I have athat kind of situation I would choose to hold only a better currency that have a potential growth in the future and not those currency that will gives me headache.
To be frank, you should have done your research before investing. It is not too late to do now. To make it easier, you might want to start from your biggest holding, do research on the project and determine whether to hold or sell.
Researching and studying those assets of yours will be able to give you some ideas which coins to be hold and which coins is to be sold, the market is so volatile make sure to hold strong coins that have larger communities as surviving is the name of the game, if chance permits you hold those promising coins especially if you have some that inside top 20 Alts keep it for long term investment. To be frank, you should have done your research before investing. It is not too late to do now. To make it easier, you might want to start from your biggest holding, do research on the project and determine whether to hold or sell.
No matter how you conduct a study, it will not save you from fraudsters. You're wasting time. Chera was extremely disappointed with the project. URUN collected a lot and even went to the stock exchange. And after 2 weeks turned into a scam. Even if you study the project. This is not a guarantee of successful investment.
To be frank, you should have done your research before investing. It is not too late to do now. To make it easier, you might want to start from your biggest holding, do research on the project and determine whether to hold or sell.
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 think the coins we get from airdrop and bounty will be better if we sell them directly, when the coin is listed on one of the exchanges there will be a very rapid decline.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
and it would also be nice to hold 10-20 coins but for hundreds I don't think that's good.
You should wait for the beginning of the bullish trend, then all the coins will begin to grow and you will be able to decide which ones are worth selling and which ones to continue holding. But it is best to learn how to analyze projects and have a strategy for how to deal with a particular coin.
If you do not know what parameters it is worth evaluating a particular project, I advise you to sell your coins and exchange them for ETH and BTC. In my opinion, this is the safest and most reliable solution, as these are the two best cryptocurrencies on the market.
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
You should select some of those coins that really doesn't has a good value or the future of that coin is not so good. Sell all of those coins and keep all the coins that has a good future. 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
you made a mistake! you bought too many altcoin but you do not know which altcoin really is good ? Now, I think you should hold them until the bull market appears to see how?
Open up a portfolio and you are good to go. In addition I have an excel table that helps my to identify everything that I am doing in this industry at the moment. Blockfolio is an awesome app, that would help you to manage your coins.
in fact, asset management only relies on applications without taking preventive actions when there are changes in the market, it is also futile. We should not rely too much on third-party applications, it also aims to prevent the account from being hacked because in some cases, third-party applications can be used to enter someone's account.
In the end, they will become a shit or worthless coin so you better let go of those altcoins as soon as possible or you will regret not selling them during their peak season. I understand the confusion you are in right now but I also experience the same way when I was very active in bounty hunting and airdrops. Unfortunately, i regret holding those altcoins for long term and some of them still existing on my wallet where their price drops down for up to 90%.
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
In this bad market, we all have the same problem because our tokens and coins value already dropped in the market.
When you got some tokens from reward, i think you need to observe the ICO company of your token.
If they have a potential product in their project and keep developing their roadmap, dont sell it yet until they their product adopted.
I try to minimize all transactions with cryptocurrency. I do not have anything to pay with electronic money in this period of time, so most of the cryptocurrency savings are stored in my hardware wallets like Trezor for example.
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
I hold most of tokens that I had managed to gain for free, because I hope for some of them to become expensive, but I cannot be sure about all of them.
Managing a lot of altcoins asset is very difficult because not all of them will be profitable but first of all you should be eliminate the coins which have no value and it's necessary and keep the rest for your portfolio and for good reference you can check at coinmarketcap that if your coins including to top 100 i think it decent to hold
Most times I'm following the only one rule - altcoin should be on top 100 according to CMC, and the project should be really exciting for me/if not then token price should be not dumping but growing if possible. Within current market conditions, the example will be MGO, if I may. It continuously grew last months and is rising up in Top 100 list as well. Also, the project seems to be promising for me. That's why I'm hodling/buying more of those right now.
That might work if you don't want to hold hundreds of different coins. Most of those will be "dead coins" sooner or later but you are always able to sell during higher price to increase net worth or at least try not to sell while the price is lower than during ICO. Try to focus on exact number of those (for example, hold 3 different alts at max). It will be easier for you to manage portfolio as well. 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 advice is you have to sell it in part, but before doing so you have to filter them first to determine which tokens are worth to holding or not. Although this is difficult to do and takes a lot of time but you have to do it anyway, otherwise you will have difficult to managing it and even forget to sell it. Because I have experienced the same thing as you. 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
During the ICO crisis, I realised how many mistakes were made by me during this period, so now I stay away from altcoins. I bought some BTC during last drop and I will hold them.
Most times I'm following the only one rule - altcoin should be on top 100 according to CMC, and the project should be really exciting for me/if not then token price should be not dumping but growing if possible. Within current market conditions, the example will be MGO, if I may. It continuously grew last months and is rising up in Top 100 list as well. Also, the project seems to be promising for me. That's why I'm hodling/buying more of those right now.
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
Well, the market is almost upredictable, so I cannot be sure that all tokens I hold will be demanded, but some of ICOs should give this world some good projects.
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