The Need to Reconsider Holding altcoins - page 6.

BChydro

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Quote from: upyem2k on November 17, 2019, 11:05:06 PM

I no longer care about holding any tokens anymore as I am. I will sure sell my tokens in its first hour of exchange listing. Past experience has taught me that. There are series of tokens I hodl in the past that are now useless in my wallets.

If you are investing in shit coins then there is the risk of not getting listed in any exchanges, so avoid those decisions unless you collected those in a bounty, i am not investing in any alt coin for years but i am holding some coins which i mined and invested in the past and i am waiting for the market to rise to sell everything and some i will be holding forever Undecided

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upyem2k

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I no longer care about holding any tokens anymore as I am. I will sure sell my tokens in its first hour of exchange listing. Past experience has taught me that. There are series of tokens I hodl in the past that are now useless in my wallets.

taufik123

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There are also some coins that have increased like that. At first it didn't have a price, but after 2-3 years it started to go up and it was very surprising. But be careful first, the unnatural increase is indeed genuine or just manipulation to increase market enthusiasm and make investors interested. Don't get caught up in FOMO. I have altcoin up to hundreds of Altcoins from the bounty, but I still hold it because there is currently no price. There are some coins that have good potential in the future but are still under development. I am sure there are some of my coins that will be valuable in the coming year when the market situation has improved.

Bitfling

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Quote from: samuraijin on November 17, 2019, 03:53:20 AM

Quote from: Goodvalony on November 15, 2019, 09:08:19 AM

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.

obviously of course I still choose the top 100 cmc top, because it's more secure when bitcoin price movements go up and they also go up, blockv and thorecoin are a bit strange for their prices to go up maybe because the pump group or I don't know in the bear market it's hard to get the best Altcoin except from TOP 100 CMC, I might be safer to keep it

Agree, I would also prefer coins that are in the top 100 coinmarketcaps, because they already have liquidity and an attractive investor base. Speculating on coins that are still traded in small exchangers may be too risky unless the coins are backed up or have a partnership with a reputable company

lue wang

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Quote from: Goodvalony on November 15, 2019, 09:08:19 AM

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.

This fake surge of BLOCKV can't be model for anyone. After joined crypto market, this two coin gives me hope. One is binance coin another is ThoreCoin. After February I was surprised to check ThoreCoin. We should make different plan for altcoins.

Brunus

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My altcoins came from a series of relatively successful bounties, but a year ago they lost almost all their value.
Rather than get rid of them for a change, I prefer to keep them as a souvenir.
And then, you never know

aramine

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I actually know about Thorcoin which is trading on one small exchange. It's actually not about holding a while, it's about what to hold. With the current reality of the market, only 3 or 4 coins might be able to do well in the long term and the big question is how to spot such coins and this is very di for everyone of us. Profiting from holding altcoins is just a game of luck.

slaman29

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Quote from: sikke on November 17, 2019, 02:48:19 AM

Quote

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.

Unlikely.

Coins like these happen once in a blue moon, and there are many more examples of coins that went to absolute zero and have a dead chain essentially and never have recovered in 2-3 years time.

Don't blindly hold. I think that's the most rational thing to do. Only hold if you have reason to. If there are no long term fundamentals to back up your decision to hold then it's really a dumb thing to do .

Yeah, and look, even if most of us did hold these shitcoins and waited for 2 years and we GOT that x100 price we're all waiting for, imagine all of us trying to sell? I bet you, orders would totally not hold. One big whale dumping and the rest of us slower ones would see our coins turn to shite. Again. And overnight.

If you have shitcoins, Hold if you already lost over 90% I'd say. Put it into Bitcoin and then never worry again.

Pamadar

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Quote from: DabsPoorVersion on November 17, 2019, 03:52:03 AM

Quote from: LouVandetta on November 17, 2019, 03:41:57 AM

Not gonna lie, some altcoins might've survived in these kinda bad market conditions and some ain't that good. People nowadays tend to hold a more stable coins. But as op mentioned, the alts that you're holding might worth million in the next two years or so. So it means we're taking a very big risk if it's a long term holding. When we see that the price almost hits very low we need to make the loses very little, and sell it off.

Not to mention we don't have any assurance that those alts will bounce back up. Some might've recovered and has a higher value than what it used to have, but the others weren't so lucky. Considering how almost every alts have to struggle to achieve its value now. Choose wisely.

The possibility is still there, as long as you hold, those chances will remain in you. Even if we had a bearish market, in the long run, those altcoins might become the reason to make him reach. And It is also a good decision to cut losses if those coins show a massive decrease in price and spend it on a better coin.

Cut loses is very difficult with fluctuating market the timing might harmed your investment, though there's always a good possibilities when
you fully understand the situation and you can take the risk of waiting for the next market trend. Getting good profits once you know the
potential projects to invest your money. Do good research and allow yourself to expand your knowledge towards this market.

btcdie

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Quote from: samuraijin on November 17, 2019, 03:53:20 AM

Quote from: Goodvalony on November 15, 2019, 09:08:19 AM

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.

obviously of course I still choose the top 100 cmc top, because it's more secure when bitcoin price movements go up and they also go up, blockv and thorecoin are a bit strange for their prices to go up maybe because the pump group or I don't know in the bear market it's hard to get the best Altcoin except from TOP 100 CMC, I might be safer to keep it

I agree with your opinion. altcoin with ranks that are not dominant are very vulnerable to market manipulation, sometimes the pope can do this. The Pope could have done FUD news and it would be good to take the opportunity to make their tokens multiply.

Your opinion top 100 in cmc is a place that I think is safe for investment, but the dominant fluctuating price is suitable as trading. Top 100 in cmc ROI makes more sense than in lower ranks.

samuraijin

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Quote from: Goodvalony on November 15, 2019, 09:08:19 AM

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.

obviously of course I still choose the top 100 cmc top, because it's more secure when bitcoin price movements go up and they also go up, blockv and thorecoin are a bit strange for their prices to go up maybe because the pump group or I don't know in the bear market it's hard to get the best Altcoin except from TOP 100 CMC, I might be safer to keep it

DabsPoorVersion

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Quote from: LouVandetta on November 17, 2019, 03:41:57 AM

Not gonna lie, some altcoins might've survived in these kinda bad market conditions and some ain't that good. People nowadays tend to hold a more stable coins. But as op mentioned, the alts that you're holding might worth million in the next two years or so. So it means we're taking a very big risk if it's a long term holding. When we see that the price almost hits very low we need to make the loses very little, and sell it off.

Not to mention we don't have any assurance that those alts will bounce back up. Some might've recovered and has a higher value than what it used to have, but the others weren't so lucky. Considering how almost every alts have to struggle to achieve its value now. Choose wisely.

The possibility is still there, as long as you hold, those chances will remain in you. Even if we had a bearish market, in the long run, those altcoins might become the reason to make him reach. And It is also a good decision to cut losses if those coins show a massive decrease in price and spend it on a better coin.

rahmathidayat93

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Quote from: KnowelsB on November 17, 2019, 01:06:17 AM

Altcoin I may reconsider holding should be either exchange tokens or altcoins that has taste the hit of time like ETH, BCH, XRP and some good ones out there aside them nothing again.

True, if you want to make a lot of profit, then hold altcoin born from exchanges or tokens that have been hit on various exchanges, but the thing to remember is the risk of loss is also greater, and if we hold a stable token or coin then the risk of loss is very little , although the benefits are also small.

LouVandetta

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Not gonna lie, some altcoins might've survived in these kinda bad market conditions and some ain't that good. People nowadays tend to hold a more stable coins. But as op mentioned, the alts that you're holding might worth million in the next two years or so. So it means we're taking a very big risk if it's a long term holding. When we see that the price almost hits very low we need to make the loses very little, and sell it off.

Not to mention we don't have any assurance that those alts will bounce back up. Some might've recovered and has a higher value than what it used to have, but the others weren't so lucky. Considering how almost every alts have to struggle to achieve its value now. Choose wisely.

abeecrypto

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True. Some token might look worthless now but might spring to high prices in the future. I think its all about how one has researched before getting into buying or receiving such tokens. If I have tokens that I believe have viable products and a professional team, I am holding them. After all, the crypto market is down, right now.

Zeke_23

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Quote from: sikke on November 17, 2019, 02:48:19 AM

Quote

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.

Unlikely.

Coins like these happen once in a blue moon, and there are many more examples of coins that went to absolute zero and have a dead chain essentially and never have recovered in 2-3 years time.

Don't blindly hold. I think that's the most rational thing to do. Only hold if you have reason to. If there are no long term fundamentals to back up your decision to hold then it's really a dumb thing to do .

That's why he said that OP might consider his decision before taking an action. "you might be holding a token that worth millions in the next 2 years."
It happens once in a blue moon and this might be it.

But the decision will still depend on OP, he can exchange it to a better altcoin in the market to at least guarantee of making a profit when bull run comes.

Wildwest

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I see that the old altcoin has become shitcoin and worthless, as well as many new altcoin projects that can be very profitable. We know which altcoins will be highly valued and which projects can make us profitable, all must be with strong technical analysis, but for now the altcoin in my wallet that is shitcoin I discarded and I collected a new one

sikke

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Quote

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.

Unlikely.

Coins like these happen once in a blue moon, and there are many more examples of coins that went to absolute zero and have a dead chain essentially and never have recovered in 2-3 years time.

Don't blindly hold. I think that's the most rational thing to do. Only hold if you have reason to. If there are no long term fundamentals to back up your decision to hold then it's really a dumb thing to do .

KnowelsB

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Altcoin I may reconsider holding should be either exchange tokens or altcoins that has taste the hit of time like ETH, BCH, XRP and some good ones out there aside them nothing again.

Aabcde

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Quote from: TheClownSong on November 16, 2019, 12:42:51 AM

Quote from: Aabcde on November 15, 2019, 09:14:13 PM

I think blockv and thorecoin are only some unclear coins or tokens that are only aimed at looking for developers' profits. Yes it can be profitable if we understand how to play the dev. But the fact is I won't hold coins or tokens like this for a long time. If you already see a profit, just sell it. I just think this is just a pump and dump with a limit supply strategy or other. I better buy the top 10 cryptos than the coins or tokens. This is safer for me.

Too risky if you hold altcoin that is not widely known and also has a liquidity that is not too large. For altcoin, I tend to choose to invest in altcoin which is in the top 10 or at least the top 50 coinmarket. Amid the unclear market conditions, in my opinion the safest choice is not too much to speculate and choose to hold bitcoin

I'm not saying that I hold altcoin which I don't know as the op mentioned. And isn't it clear that I prefer to buy the top 10 cryptos based on CMC.
On the other hand, we have to be extra careful in exploring the world of crypto because there are so many people who want to take our money in a very subtle way. Everything can happen when it comes to money.

Topic: The Need to Reconsider Holding altcoins - page 6. (Read 1246 times)