Topic: The Need to Reconsider Holding altcoins (Read 1226 times)
Holding Altcoins are really in need to be reconsidered because not only Bitcoin is profitable but Altcoins as well. Every cryptocurrency has the capacity and capability to improve their prices so whether it is Bitcoin or an Altcoin, all are worthy to be hold on as long as you have made the right choice of choosing a potential Altcoin with good credibility as well. Reconsidering holding Altcoin is good because we must value their existence in the market like what we are all have been doing for Bitcoin. We have a vast world of cryptocurrency which mainly or mostly composes of Altcoins so it is really in need to reconsider holding Altcoin like what we do on holding into Bitcoin because like it, Altcoins do also possess the capacity and capability to grow and improve its price attracting potential investors.
You say in two years if holding altcoin will be worth millions of dollars but what happens if the market is in a bearish trend in 2 years any altcoin will die like now all altcoins are making atl prices and if you bought altcoin last year you have lost thousands of percent this is what you call investment
Most people do not bother themselves to think about all the things that could happen, they only see the positive side of things and while that can be a great personality trait to have in most aspects of your life when it comes to trading and investing that is a terrible trait to have because that means you are not going to evaluate the risks that you are taking in a correct way and when you lose your money you are going to wonder why this happened and while in that instance you will blame the coin in which invested the truth is that you are also responsible for what happened. 
The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived. Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily.
One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it
BLOCKV
https://coinmarketcap.com/currencies/blockv/
and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/
A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.
So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.
They can be considered if the market is in good condition but right now the market is not good enough yet therefore many of the investors are playing safe as they only consider investing in top 10 so the risk of their investment is not that high. One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it
BLOCKV
https://coinmarketcap.com/currencies/blockv/
and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/
A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.
So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.
The two altcoins are ranking 200+ and 500+ in coinmarketcap therefore the risk of these two altcoins in this season of the market is pretty high compared to other coins that were favored by the big investors like bitcoin,ethereum and etc.
There's no doubt that holding some altcoin could be very lucrative and that explains why one should be careful in choosing the right altcoin to hold. In considering the right altcoin is best to check if the project has a real use case which is marketable in the present market and has the tendency to be desired by several people.
I have always found interesting how most people only concentrate on the upside and how much money they can get by holding altcoins, when the results of holding altcoins should be clear to anyone, just look at ETH which is the second most successful coin, it is still giving losses of 88% to those that bought at the ATH and are still holding, and that is the second best coin in the market, what do you think is happening with the coins that are not so good? Yes some of them are giving 99% losses and some of them gave 100% losses and their investors will never recover their money.Altcoin is riskier than Bitcoin because investors trust Bitcoin more. With the increasing number of scams on new projects and also the poor performance of many altcoins in the market, altcoin is making less and less attractive to investors
There's no doubt that holding some altcoin could be very lucrative and that explains why one should be careful in choosing the right altcoin to hold. In considering the right altcoin is best to check if the project has a real use case which is marketable in the present market and has the tendency to be desired by several people.
I have always found interesting how most people only concentrate on the upside and how much money they can get by holding altcoins, when the results of holding altcoins should be clear to anyone, just look at ETH which is the second most successful coin, it is still giving losses of 88% to those that bought at the ATH and are still holding, and that is the second best coin in the market, what do you think is happening with the coins that are not so good? Yes some of them are giving 99% losses and some of them gave 100% losses and their investors will never recover their money. There's no doubt that holding some altcoin could be very lucrative and that explains why one should be careful in choosing the right altcoin to hold. In considering the right altcoin is best to check if the project has a real use case which is marketable in the present market and has the tendency to be desired by several people.
You can fool new users by huge marketing and by the end of its run, the developers will make a shit ton of money and the look for other ways to scam people, you cannot test the intelligence of the investors all the time, we saw many scams and you cannot find investors for shitty projects with advertisement alone, if you really have a working product approach angel investors rather than looking for investors in the open market and so alt coin market means it is a fine line as there are only a top ten market that can be successful even when there is a bull run in the market so select those wisely rather than investing in pump and dump shit coins. 
i think it will be an alts accumulation during next 2 weeks with main cryptos mooving 10% range.
Did you mean about the accumulation period? The prive moving range can't be a good reason to determine when will be the best time to accumulate more altcoin and just try to take any bearish market as the best time to accumulate more altcoins. it's really wrong to say if the bullish market becomes the best time to accumulate more altcoin. i think it will be an alts accumulation during next 2 weeks with main cryptos mooving 10% range.
Did you mean about the accumulation period? The prive moving range can't be a good reason to determine when will be the best time to accumulate more altcoin and just try to take any bearish market as the best time to accumulate more altcoins. it's really wrong to say if the bullish market becomes the best time to accumulate more altcoin.
A agree totally with you regardining holding altcoins.
If we consider how litecoin has improved in prices over the past few weeks, the green light is there.
We just need to do proper researches before investing, in other to avoid fomo and fud.
Always dyor.
If we consider how litecoin has improved in prices over the past few weeks, the green light is there.
We just need to do proper researches before investing, in other to avoid fomo and fud.
Always dyor.
You say in two years if holding altcoin will be worth millions of dollars but what happens if the market is in a bearish trend in 2 years any altcoin will die like now all altcoins are making atl prices and if you bought altcoin last year you have lost thousands of percent this is what you call investment
There's no doubt that holding some altcoin could be very lucrative and that explains why one should be careful in choosing the right altcoin to hold. In considering the right altcoin is best to check if the project has a real use case which is marketable in the present market and has the tendency to be desired by several people.
If we won't choose the right altcoin then it will be us who will lose the fund or worst even our hard-earned money, that's why we really need to be vigilant. Lets always remember, we should not go to war without proper training and enough bullet. So, always be careful and watch out how market works. 
then i guess you know the one to pick up. not a lot have a real use yet. or even are marketable.
Vr will be first alts to moon imo, as they can be desired and marketed by new generation in the next decade to shop, trade, exchange virtual assets and also real asset threw virtual connected, secured platforms like vatoms.
VR is the future but all the projects that I saw in previous years have failed. VR is now actively developing, but its connection with the blockchain has not yet been implemented. Of course, I continue to invest in such projects because it is not at all clear when the brilliant project will appear that will change the rules of the game in this area. Vr will be first alts to moon imo, as they can be desired and marketed by new generation in the next decade to shop, trade, exchange virtual assets and also real asset threw virtual connected, secured platforms like vatoms.
then i guess you know the one to pick up. not a lot have a real use yet. or even are marketable.
Vr will be first alts to moon imo, as they can be desired and marketed by new generation in the next decade to shop, trade, exchange virtual assets and also real asset threw virtual connected, secured platforms like vatoms.
Vr will be first alts to moon imo, as they can be desired and marketed by new generation in the next decade to shop, trade, exchange virtual assets and also real asset threw virtual connected, secured platforms like vatoms.
There's no doubt that holding some altcoin could be very lucrative and that explains why one should be careful in choosing the right altcoin to hold. In considering the right altcoin is best to check if the project has a real use case which is marketable in the present market and has the tendency to be desired by several people.
You're absolutely right but altcoin much decreased and the many factors that make a big 100 coinmarketcap all altcoin I am very hesitant to withstand a lot of projects that are difficult to pump hard enough ico price for the largest investors already out and selling all of its assets.
i think it will be an alts accumulation during next 2 weeks with main cryptos mooving 10% range.
Portfolio rebalancing is one of the most important parts, you cannot hold the same altcoins forever. But investing big amounts right now, by selling alts that dropped by x10, is not the best idea at the moment and I would definitely wait.
Wait for what? If an altcoin has lost more than 90% of its value and it is not one of the top coins in the market I can assure you that such a coin is not going to ever recover, it is better to sell it now and obtain whatever you can out of it, I know that no one wants to do that because it is really difficult to admit that you have made a mistake and that such a mistake has cost you some much money but if you want to improve as a trader that is something that you will have to do.Holding altcoins for the long term has never been a good idea, you should always be ready to get rid of them in the case something goes wrong but newbies keep ignoring this advice and they suffer the consequences of it.
None of those two options seems that attractive right now and I get it but compared to investing in altcoins they are great options.
It's best to sell your altcoins when the price is right for you. Do not get too greedy but also make sure you make a good profit. If you feel the profits are good enough you can sell. If the price drops after that you can always buyback. Only keep good coins with value based on what they can be used for a long term. EVerything else just sell while the progit is in the green esspecially if you have a lot invested. With smaller investment d you can take more of a risk and hold on to them for longer.
Totally agree on your thought but people doesnt recognize the steady upward trend, they want a pump like 300-500% growth in a week or a month. People do believe that these type of growth will be there in all of cryptocurrencies which is highly impossible. There are many altcoin concepts which is sustainable and have growth in the long term when the project is implemented so holders should think of all the angles before selling everything.
I think the first thing we should do is to reconsider the reason why we think the need to hold any of those altcoins more than just a 'better than bitcoin standard'.
Also, an important aspect when considering holding altcoin is if that coin has a chance to grows and will be valued accordingly or not.
Also, an important aspect when considering holding altcoin is if that coin has a chance to grows and will be valued accordingly or not.
The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived. Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily.
One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it
BLOCKV
https://coinmarketcap.com/currencies/blockv/
and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/
A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.
So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.
One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it
BLOCKV
https://coinmarketcap.com/currencies/blockv/
and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/
A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.
So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.
If you say the two altcoins above are more profitable to invest, we need to try it first before drawing conclusions whether it's good or not. therefore maybe we can invest in two or one of the altcoins you mentioned.
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