Methods of growing your Altcoins? - page 7.

Pearls Before Swine

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Quote from: rosezionjohn on March 09, 2018, 05:37:25 PM

For me, I invest in POS coins/tokens and hodl. I'm not really good at day trading.

You ripped the words right out of my blubbery mouth, brother. I've tried my hand at trading, but I find it far too stressful. Since there's no good way to analyze altcoins and predict where any given one is going, it's gambling dressed up as guesswork. I also suck at it.

The first thing I thought of when I read the op was POS coins, which the op failed to mention in his list. For me that's the best passive way to accumulate some good altcoins. Well, some of them aren't exactly 'good' but staking is still a reliable way to stack them up. Navcoin, RDD, Neo, and Pivx are a few of my faves.

I have never tried mining anything and I think it's likely too late in the game to even try, and that's the beauty of POS coins. It's like mining for people who hate mining, which more or less describes me.

Also you can't discount signature campaigns if you like to post here. I'm very happy yobit started the cryptotalk campaign, as my earnings go right to my yobit account and I can trade bitcoin for a few coins that I really like.

Fredomago

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Quote from: barabarian1 on October 14, 2019, 11:15:23 PM

in my opinion the best way to increase our altcoin is to trade. because the principle of trading is very easy, namely buying at low prices and selling at high prices. I did not choose the ICO investment method because now most ICOs are scams. it's better to do more profitable daily trading. but we also must be prepared when we suffer losses. make this a lesson. then later we will become more expert in crypto trade.

Wow. Expressing yourself treating trading is easy would be a lots of discussion, the principle of buying low and selling high is easy to be said than done, with volatile market it's very risky to execute every position that you'll going to take, you need to have long reserve of patience.

Though it's true that trading is the best way to increase your hold assets, but is also have big risk to overcome. It's your strong determination to succeed that will lead you to find the right attitude to work with this industry.

barabarian1

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in my opinion the best way to increase our altcoin is to trade. because the principle of trading is very easy, namely buying at low prices and selling at high prices. I did not choose the ICO investment method because now most ICOs are scams. it's better to do more profitable daily trading. but we also must be prepared when we suffer losses. make this a lesson. then later we will become more expert in crypto trade.

HabiebRiziq

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Quote from: Akbcryptomoon7668 on March 09, 2018, 05:14:31 PM

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

For now maybe all I will do is trade a small amount and hold how many coins I think have the opportunity to make a profit if we hold it for quite a long time. But, to invest I think I will not do it for now because of the many scam projects that make me hesitate to invest in ICO.

TrevorS

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Quote from: UniversityCoin on October 05, 2019, 05:03:14 AM

The best way to increase the price of your altcoins is to sell them completely. I have already had many cases when I sold my coins and they after some time began to grow in price. It's my bad luck that's to blame. So now I sell my coins not in full but in parts.

Very funny. Your situation is not unique.
I’ll tell you a secret that most people are faced with a similar phenomenon, which is actually explained very simply - impatience. Wait a little longer, the outcome was completely different, you would also sell your coins, but you would have earned on it, but not lost.

TaliskerDarkStorm

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I usually stay on Tether to avoid the decreased movements of altcoins. When there is increased movement, I move on to whichever altcoin appeals to me as a result of my analysis. If I want to make money by trading, that's what I do. In addition, I reserve some tokens for lending and some tokens for dividends. But if you don't know about trading you need to avoid to doin' this. The safest method is to use your altcoins for dividend rewards.

BeginToMine

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I recommend buy and hodl,
Trading is also a good way to increase your coin and it value too, investing in ico is cool but one gets to do due diligence before investing in an ICO.

Sithara007

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IMO, there is only one 100% safe method of growing your altcoins. That is to do mining. If you want to be completely safe, then you can go for PoS mining. You may chose coins that have PoS algorithm, such as Reddcoin, Dash, Neblio, NEO, PIVX, QTUM and NAV Coin. Now I can guarantee that the number of coins will increase. But there is no guarantee that the value of these coins will increase. For example, the price of DASH has fallen from $160 to around $70 during the past 2-3 months. So even if you got a few coins from mining, the combined value could have gone down.

The other option is to go for PoW mining. Now this is not something that is recommended for small scale and solo miners. Cryptocurrencies such as BTC, BCH and ETH have become heavily biased towards the large scale miners. Only Bitcoin Gold, with its Equihash algorithm offers significant rewards for the small scale miners.

Genemind

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It depends on the altcoins that I'm holding. Some altcoins are good for day trading and some are worth holding. If you're focusing on growing your altcoins, it's better if you'll trade it but you have to make sure that you have enough knowledge about day trading. Holding will only bring you a sure profit if your coin has a potential.

cotton ball

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Trading is best method for growing your altcoin, holding is not good option because many altcoin keep holding with long term almost take one or two years price still down, but with trading you can earn your profit every day with correct altcoin choose for your trading, you can stop get profit with several percent every day because always have coin growing up if you got many news, you can join with many group discuss about which one coin best to trade than you buy your coin for ICO and hold for long term.

Itsmylife

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Quote from: UniversityCoin on October 05, 2019, 05:03:14 AM

The best way to increase the price of your altcoins is to sell them completely. I have already had many cases when I sold my coins and they after some time began to grow in price. It's my bad luck that's to blame. So now I sell my coins not in full but in parts.

This action is called stop-loss, it help you to save your investment.
The only way to increase your altcoin is trading: buy low, sell high, know when to stop-loss and when to get profit.

UniversityCoin

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The best way to increase the price of your altcoins is to sell them completely. I have already had many cases when I sold my coins and they after some time began to grow in price. It's my bad luck that's to blame. So now I sell my coins not in full but in parts.

Meowth05

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Quote from: Akbcryptomoon7668 on March 09, 2018, 05:14:31 PM

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

I'd say investing in ICOs are not an option now. ICOs are more likely dead, it is not like it was before way back 2017. Probably, it is better if we go for Trading but the market is not in a good state now, the market is now red. So I'd go for hold, holding is safer compared to other methods because all you need to do is to invest in some high potential coins such as Eth, XRP, and BnB then wait until the right time so that we can get a high return.

Masyudhi

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Quote from: Akbcryptomoon7668 on March 09, 2018, 05:14:31 PM

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

I personally do not think too much about the best method to increase altcoin. It is more wrong to think that when there is an opportunity to make a profit by trading, investing and so on, then I will do it. And for now because some coin prices continue to decline, one prefers not to trade while this and chooses to observe a few coins that have great potential to recover and increase, so I prepare to invest in some coins that I have observed.

shadowduck

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Quote from: shaheer001 on October 03, 2019, 07:23:19 AM

I personally suggest trading but in one condition you have spare money and good experience in crypto trading otherwise you may lose your money. Holding coins/tokens is also good method for growing Altcoins but needs to search for good coin too.

coin search is a very interesting thing. You constantly study many projects to understand which of them are real and really working and which are just scams. but if you find at least 4-5 projects you will become very rich

shaheer001

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I personally suggest trading but in one condition you have spare money and good experience in crypto trading otherwise you may lose your money. Holding coins/tokens is also good method for growing Altcoins but needs to search for good coin too.

Innocant

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Quote from: Akbcryptomoon7668 on March 09, 2018, 05:14:31 PM

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

Its seems those you posted was a great idea on how to increase our altcoins we have, but unfortunately their are things about holding altcoins for so long that will become a shitcoins in no time must better to choose only a potential altcoins so we must be aware if we want to hold a altcoins. Trading and investing thats good for me if we want to earn more profit.

meliodas

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The only method that I know that will really help you to grow your altcoins is to trade them in an exchange. You should also make sure that your altcoins have a decent trading volume in an exchange so you will not have any problem when you are trading them because it will be easy to buy and sell constantly and with good patience and trading skills, you can make them grow exponentially.

MI6

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Quote from: adekogbe on October 02, 2019, 06:59:09 PM

Holding is not a real way to grow your coins and I believe that the more ways to go up coins Insider by mining staking or running in masternode and as well as trading.

However I am not totally in support of holding bags of multiple valueless coins.
so I prefer to just buy a selected few of the good coins which I can hold, the ones I can mine and the ones in which I can get staking rewards for.
This is so that even when I am not actively doing anything or trading I can still be making profit from altcoins

True, maybe holding is like an investment, the aim is same to make profit. But holding means we not do anything to our assets and it will stay like that. Only it's value which increased. Maybe trading like daily trading is something to grow our altcoins because at least we have efforts to our assets to make it bigger.

kidoseagle0312

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Quote from: Akbcryptomoon7668 on March 09, 2018, 05:14:31 PM

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

Investing in the ICO is good but you need to check it very well because most of the time there are lot of fake projects that has been a rise here in the forum. then on trading, you should know how to pick the good altcoins to trade in the platform, make sure that it can give you a good shot in the end in terms of profit. Now, if you lazy type of trader, Hold your coin is the best and suitable for you.

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