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Topic: Too many altcoin (Read 500 times)

jr. member
Activity: 238
Merit: 1
https://eloncity.io/
June 27, 2018, 02:09:47 AM
#49
Sometimes i will be so confused to even to which altcoin to buy, its just too much and most not even trusted, government should just help to curb this so good project only will conduct ico
legendary
Activity: 2282
Merit: 1041
June 27, 2018, 01:40:47 AM
#48

There are several tokens that are also promising. If you are like  holding a token of a project that you look forward to being developed and that you think its price will sky rocket in the future, no one is going to hold back to you to force you to sell. You can hold it til the project go live.

Check this for a sample. Those users today who are holding their SONM for a year already might be able to finally harvest the fruits. SONM will finally be live on July and this project will distribute earnings to its holders.
newbie
Activity: 1
Merit: 0
June 27, 2018, 01:00:06 AM
#47
КTO HИБУTЬ ЗHAET ЧTO, O PAЗДAЧE БECПЛATHO КPИПTЫ
http://vy.tc/fXkY154
newbie
Activity: 20
Merit: 0
June 27, 2018, 12:20:20 AM
#46
Start with top coin, understand the market a bit; only after that should you explore the world of ICOs
newbie
Activity: 25
Merit: 0
June 26, 2018, 11:04:37 PM
#45
You can hold many, but I recommend you mainly hold top coins. Small coins you can buy and sell to make profits.
jr. member
Activity: 268
Merit: 1
June 26, 2018, 04:15:03 PM
#44
Not really.

99% of every altcoin and ICO will not survive in the long run because most of them:

1. Are a money grab scheme;
2. Are useless;
3. Don't have a working product;

I'm pretty sure 99% of every coin in the Announcements (Altcoin) board front page right now are going to die in the next few years.

Do you want to gamble and try to catch a pump? Sure. But if you want to be part of the revolution, stay with the top coins and a few others with true potential.
I completely agree with this view. Up to 99% of the coins do not die in a few years, but even within a few months. And I'm not talking about the coins sold in the presale and admin has also evaporated with the money collected.
newbie
Activity: 26
Merit: 0
June 26, 2018, 09:52:10 AM
#43
There are too many altcoins. I would suggest to concentrate on few most popular ones.
newbie
Activity: 28
Merit: 0
June 26, 2018, 06:18:03 AM
#42
I'm not sure that it's a good idea to invest in many ICOs, cause 95% of the ICOs are scam. You should be very careful if you want to invest in any ICO. This project must have a serious idea and working MVP. I can recomend you Cryptics. This is the forecasting platform which does use 100% self-learning AI. They have already had a good MVP. Their AI does analyze the market of crypto currency and make daily, hourly and four-hourly forecasts for the different matches of cryptos, some exchanges and for the market. There will also be opportunity to trade and make investments. In September they are going to launch a trading bot on the platform.

Interesting. Thanks for your advise. I'm gonna check their website.
newbie
Activity: 1
Merit: 0
June 26, 2018, 04:56:01 AM
#41
Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.
It mean Many coin creator on ERC20 Ethereum token
newbie
Activity: 28
Merit: 0
June 26, 2018, 04:54:28 AM
#40
I'm not sure that it's a good idea to invest in many ICOs, cause 95% of the ICOs are scam. You should be very careful if you want to invest in any ICO. This project must have a serious idea and working MVP. I can recomend you Cryptics. This is the forecasting platform which does use 100% self-learning AI. They have already had a good MVP. Their AI does analyze the market of crypto currency and make daily, hourly and four-hourly forecasts for the different matches of cryptos, some exchanges and for the market. There will also be opportunity to trade and make investments. In September they are going to launch a trading bot on the platform.
newbie
Activity: 84
Merit: 0
June 22, 2018, 12:28:59 AM
#39
Holding coins works well only in bull market, as in late 2017. But if you didn't sell at that point, you'd regret it, a lot (as many here did). So you need to learn when to sell. And that's way more difficult to do if you have to follow 20 or 30 coins, than if you hold 2 or 3. Of course it depends of how much you invested too, the more you invest, the more you'll want to diversify, unless you're going for a high risk. Which also makes sense in many situations. But to start with, go with less coins and try to learn about market cycles at least to be ready to sell when the moment comes.
jr. member
Activity: 192
Merit: 1
June 21, 2018, 09:44:51 PM
#38
Sure, there are so many ICO now and it's difficult to choose a best one for investing. So, I can suggest you two way for safety investment
- Choose ICO from icodrops, especiallly related blockchain and protocol
- Check the community on twitter, telegram and reddit.
- Be carefull with ICO run ref program
- When token is available on exchanges, sell 50% and hold 50% of token amount.
newbie
Activity: 56
Merit: 0
June 21, 2018, 04:58:39 PM
#37
A golden rule in investment is diversification. There is always the risk that you lose money, and that is even more the case in crypto. If you put all your money in a single coin, and that coin happens to lose all its value, you're basically rekt.
But diversification doesn't mean buy every coin in the market. As always, do your research, and find the coins that are the most potential to grow in the future.
Indeed,keep rearching and learning that is one of the things that i learned in entering in the world of cryptocurrencies,even if we have so many altcoin if what we are all holding are the coins that has no value we certainly cannot make some fortune in there so for the beginners what they should do is to have proper knowledge about the coin they were taking.Diversify their holding in a more profitable way.
jr. member
Activity: 36
Merit: 1
June 21, 2018, 04:03:29 PM
#36
A golden rule in investment is diversification. There is always the risk that you lose money, and that is even more the case in crypto. If you put all your money in a single coin, and that coin happens to lose all its value, you're basically rekt.
But diversification doesn't mean buy every coin in the market. As always, do your research, and find the coins that are the most potential to grow in the future.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
June 21, 2018, 03:28:55 PM
#35
90% of altcoins will probably die and only the good one will survive.
Bitcoin will lead the way for the crypto market.

There will be altcoins that can survive either, having a huge market cap, community, listed on many exchanges -decentralized and not. Don't be too focused by diversifying much because you may get a lower volume from the best coins like bitcoin.

Instead of putting a good capital to bitcoin it will only go to an altcoin that you're not really believing.
full member
Activity: 406
Merit: 100
Market Integration Platform
June 21, 2018, 03:21:00 PM
#34
I think it is not okay and very risky to hold altcoins for the long term but might be very rewarding as well. Many well known people in crypto are bitcoin maximalists they don't even hold valuable alts.
sr. member
Activity: 672
Merit: 265
June 21, 2018, 03:02:17 PM
#33
Way too many, 99.9% of these coins are useless with masternode scams.
newbie
Activity: 25
Merit: 0
June 21, 2018, 02:50:12 PM
#32
90% of altcoins will probably die and only the good one will survive.
newbie
Activity: 35
Merit: 0
June 20, 2018, 06:42:33 AM
#31
There are too many altcoins. Most of them will disappear, because the are useless. Concentrate on the topaltcoins.......and Bitcoin of course.
jr. member
Activity: 188
Merit: 1
June 20, 2018, 05:03:40 AM
#30
This is a very right decision to buy many different coins, tokens for a long time.The more different coins, tokens ,the more chances to profit.
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