Topic: The Need to Reconsider Holding altcoins - page 9. (Read 1226 times)

I agree with you that selling off 100% of a particular good altcoin  is not always the best decision, but not in all situations. Sometimes when you discover a project has no vision over time, it's wise to dump your entire holdings. Talking about the tokens you mentioned, do not always look at very big percentage increase when truly they don't even have good trading volume. If a coin does 1000% within 24 hours with 100$ volume, it's as good as 0% change.

That's why I don't sell my altcoins.In the hope that at least one of them will make me rich.lol.In any case, sooner or later, but the season of altcoins will someday come.

That is if you see the coin to have a fighting chance in the altcoin race. If not then you;d have to wonder why it got into your wallet and your best move is to dump it before it turned zero. Most of the time the people who evaluate the project is right about them being shitcoin.

No half measures to be done, just dump them and buy back incase you find out they are actually good as they say they are.

Simply an advise that: some altcoins are possible to give good profit at the long run if we keep being patient by hodling. Another lesson from the advise is that, if we decide to sell, we should keep out some incase it might rise very well and become wealth.

I still hold some altcoins, but I hold more of bitcoin. There are still some good altcoins with good teams,  project reviews and of course some are structing a new roadmap for Q1 2020. I wouldn't advise throwing all bags of altcoin thinking it all shit. The good project with potential team still good for holding and we keep buying new project with good fundamentals.

If some altcoins that hit its bottom while the team still are up to make some updates and new features and you can still see its thriving after the bear market, I guess its fair to invest to it. You can't just say a token rely much to ETH since most of the altcoins rely to BTC. There are altcoins that has its own blockchain with all the products being launched already but the price still is less than $0.01 and I think the coin still deserves a chance this coming bullrun if the developers are still up to make improvements and new roadmaps.

Blockv though is something suspicious, its just too sudden. You might have to wait and see what cause the uptrend.

Only altcoins with good usecase will be the only option for hodling. Others should be for probably short term trading and not advisable to hodl. The Season is almost here and it is best we stock up our portfolio with reliable altcoins that will definitely be of benefits during altcoins season. We keep waiting, we keep hodling and we keep hoping it comes soon because it very close.  

We've actually been talking about the same thing for about 2 years. Cryptocurrencies continue to progress with a long cycle. At the end of each cycle to date, we are talking about a market that has reached higher points than before. Therefore, it may not be right to evaluate the current prices. I think we should wait a little while for the evaluation of altcoins.

Seems you are more concerned about the price of the cryptocoins (and their ROI) than what they have to offer.
You should probably take a look at the coins daily volume and total supply... not that encouraging in my opinion.
I wonder why Blockv price increased by about thousands of percent in a short time. Was it pumped or something?

Yes, but this is unlikely when the market is no longer bubble. Rich tech billionaires thanks to the growth of the internet bubble.
The crypto bubble once existed but it broke. Besides, the good alts also gradually become strong discount over time. It cannot be kept at a good price due to too much manipulation and no close commitment between investors and the team.
I just want to hold the alts when I know their true operation and there must be a commitment between the investors and the team about holding the token and supporting the team.

That isn't likely, especially not with tokens.  You gave 2 examples, but those are the rare exceptions to the rule that most coins and tokens aren't worth buying or even getting for free.  Airdrops still take up time, and that's more valuable than most of these crap tokens are.

All good points and honestly I've never even heard of thorecoin or blockv, so I seriously doubt they're anything close to what op is hyping them up to be.  The smart play would be to ignore tokens altogether and to own only coins in the top 20 on coinmarketcap, if you own altcoins at all.  If you think those shit tokens and coins are going to be the next bitcoin, you're deluding yourself and are gambling on a remote possibility.  That's not worth the time or effort in my opinion.

2 years is a very long period of time, whereas we need living expenses every month. How do you overcome this? This is a tip from me, if you have $1000 you can divide it into several parts. For example, $300 for the long term, $ 500 for the short term, and the rest for reserve funds. By using this method, you will not have any difficulties to meet the needs of life in a month. Good luck, man!

I think the point @op is trying to make is whatever coin you are holding be it the 2 stated above or something else, think before selling off everything especially when there is a little potential in that coin, you never know how this might turn around so fast,
There is nothing wrong in leaving 10% of the the coin and sell 90% if you so badly want to sell.

i understand your point of view but most times, what people care about is the current market trends and prices. bitcoin which is the number one currency with all use case hit over 18k in 2018 and made people billionaires while some people are crying recently due to that bull market.
i am trying to say that you never know where your furtune lies. shit tokens or coins. money is money and people are making it,

blockv is just a token, how can you say "these altcoins have risen" ? lol  : /    if blockv was serious they wouldnt rely on ETH would they? lol its up 6000% today, talk about no liquidity :O
and thorecoin is the biggest scam ive seen this year for sure, i wouldnt touch that with a 10 foot pole, it looks like the LEOcoin guys are back at it haha
Do you not think a coin worth that much would be on  a SINGLE reputable exchange? that coin looks like noone will touch for when the gov shuts the scam down they dont wanna be involved :O so sketchy!
So have fun shilling noob, but everyone should already know when people suggest junk? its to try make people buy their bags, im really sry you have bags of these  DYOR next time!

what exaclty are you trying to say. your point is baseless and it is not clear. please explain your self clearly.

with supports as possessing of different customs on unit on qualification the work on investing gives with one of returns as investors to collects as least on excessive to secure of worse as waste to collects with numbers of minimum value on nominals with profit on finest with the terms of plan.

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.