why do you keep allcoins? - page 10.

Silver80

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Quote from: rozak on July 25, 2021, 10:27:22 AM

indeed some people sometimes have optimism in planning long-term investments in new projects.
closest I believe 1-2 years of project development. if the good investment can change the initial plan to be longer if you see an attractive market opportunity.

sometimes i also do it like you, but i mostly sell it not to hold it like you on the top coin but because the speculation is just rising and due to "end of the month" i cash it out slowly just to fill my wallet

Silver80

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Quote from: ?? on ??

I save altcoins because it can have a positive impact in the future, of course I only save etherem, because I think investing with etherem can save capital, besides this altcoin is more profitable than BTC, because the productivity is very high in the crypto market, even though the current price ETH dropped drastically but I'm still optimistic that ETH will rise again,

if you race only on ETH you will not think of it as a market panic because the only coin so it doesn't "bloat its head" , and it will cool down, hope you keep your ETH safe for the future. hopefully not like "apam" cake

kaya11

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Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

The coin will not die unless some major issues come up, a company security breach, an inside job and more. If it is still on the market and are being traded in high volumes then it is safe to say it will still go on. Even there are better projects popping up, even the system is slower than the new ones, the fact that Bitcoin, Ethereum, and other top coins are still standing is a sole proof that newer coins cannot always win and they have still room to grow. I thought once that Bitcoin cannot go beyond 20k USD but my instinct proves me wrong or eth couldn't go beyond 1K USD. That's just says the older coins have good foundations and still kicking out of new ones.

And as for me, even the shittiest coins I have now still remains in my wallet, there was a time that this coin were valued at the peak, one of each costs around 800 dollars but did not managed to sell. So I'll just wait for the right time and if that moment do not come, I will just let them rot in there for a lifetime.

Silver80

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Quote from: Coyster on July 25, 2021, 10:15:55 AM

The thing is, the issue with holding altcoins is that they are more or less short term projects and they can pump and dump in a flash making it pretty difficult to hodl Altcoins for the long term. Many projects I can prolly refer to as "lottery coins" have produced large returns at one time or the other for a few people, but they are not coins that you consider hodling for the long term, thus that's what makes Bitcoin, Ethereum and a few other dex crypto better options than the majority of altcoins.

If it's old coins, sometimes I agree with you, but for new coins circulating at the beginning of this year I'm not sure they will be easy to pump in the future and even they can disappear in the market.

drwoo

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Well, alt coins keep us busy researching right? New technologies coming up, new features, all the stuff you can change about Bitcoin or add to it. Alt coins essentially are the playing field for innovators and researchers. New stuff is tried out and you can see how it is received by the market. They are necessary to ultimately also improve Bitcoin. You could always implement successful and important new features into Bitcoin as well.

tvplus006

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There are such old altcoins, the number of which you need to constantly increase in your wallet if you want to get a big profit in the future. Everyone chooses their own coin to invest from this abundance at their own risk, but most continue to buy ethereum as a coin with great potential for growth.

Hobo66

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There are very small amount entered to altcoin like Btt as compare to whole market and we believe that If some good money enter here we will see very Good profit from here. We can get even 10x. Previous pump cannot stop it.

asriloni

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Quote from: FloridaKid on July 25, 2021, 09:59:26 AM

Altcoins are more profitable than BTC that's why I have more altcoins than BTC in my portfolio but I don't keep all coins for long because some crypto projects are only good for short term investment only,

Agreed, the chance that already offered by altcoin to get profit is far bigger than the major coin, when we are seeing it based on the how much price that can be reached and then it makes sense if people are keeping their altcoins.
There are some cases about someone has become the whale caused by he was only holding is altcoin. That being said that if altcoin is just a way to be another millionaire for sure.
When you are entering into the major coins and you will always need to pay a lot to get good profit

DOH!

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Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

The birth of altcoins is trust from the bitcoin blockchain. It was born, adjusted and changed to meet the needs and overcome the disadvantages of close changes, most of which are practical utilities. Each altocin project has its own mission about what it means to exist and continue. What is good we often hold for speculation or profit. There are a lot of altcoins that are becoming scapegoats for manipulation, hype, it's still happening. Each one definitely has his or her own altcoin stack. I don't think I can confidently go with Doge, Shiba... Lol

lumeire

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Quote from: RussianEnglishTranslation on July 26, 2021, 02:32:35 AM

One of the best solutions is to just buy a stakeable token monthly and in the next bull run, slowly sell off the staking rewards. I'm personally staking NEAR and Celo. NEAR has some of the highest staking rewards and Celo is backed by the WEF and Bill Gates.

Highest staking rewards also translate to higher inflation rates, right? If so, then the token will be less valuable in future as compared to today, unless the team has other plans with the token and is constantly evolving the token then it would be valuable to invest into.
I personally like to invest in the newly launched tokens on the Binance smart chain and just hold them for a couple of weeks to max a month or so, if the price doesn't rise like 10x or so then I keep them for some more time and if the price go beyond my expectations then I sell the tokens, but this is a high risk high reward strategy and I have lost money in many scam tokens as well, so not a big fan of holding low market cap coins for longer time intervals.

danherbias07

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If the altcoin is meant to be kept then yes. Since Bitcoin it have been the hype to make other coins as a store of value.
Happened with Ethereum and XRP even though it is not their purpose. We want to see demand skyrocket and that's one way to do it. It's the sad truth that will be difficult to erase. We will just keep on repeating that same idea until maybe we got bored with it or a new hype comes out.
Before, I mostly use Ethereum to send money to anything, now I can't even use it anymore regretting the fees affiliated in it.

anandaijun

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Quote from: GatotKaca on July 26, 2021, 02:39:24 AM

Quote from: anandaijun on July 26, 2021, 02:29:29 AM

Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

Of course expect more profits than the base price. But in reality, things can happen the opposite of expectations. Personally, I would not hold on to a coin or token for long when the price has already increased from the base price. Except for coins like BNB or other coins that still have the opportunity to increase in price.

if the coin you hold still has greater development potential, you will definitely be strong to hold it even though the price is in decline.
but for coins that have fallen too much and there is no progress in the market. I believe the hype momentum that followed bitcoin could be the moment for us to sell it.
More simply, we have to know when we are going to buy or sell an asset. planning from the beginning sometimes is different. but we must be ready to make a different plan when facing the market. Most importantly, don't be greedy and panic.

If the conditions are as you describe, it's not only me who is ready to hold on for a long time, but you and other people will also be more prepared. This case does not apply to non-beneficial coins. But coins like ETH, BNB and other stable coins.
Of course I have prepared a second plan in investment activities to anticipate things that I do not want.

GatotKaca

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Quote from: anandaijun on July 26, 2021, 02:29:29 AM

Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

Of course expect more profits than the base price. But in reality, things can happen the opposite of expectations. Personally, I would not hold on to a coin or token for long when the price has already increased from the base price. Except for coins like BNB or other coins that still have the opportunity to increase in price.

if the coin you hold still has greater development potential, you will definitely be strong to hold it even though the price is in decline.
but for coins that have fallen too much and there is no progress in the market. I believe the hype momentum that followed bitcoin could be the moment for us to sell it.
More simply, we have to know when we are going to buy or sell an asset. planning from the beginning sometimes is different. but we must be ready to make a different plan when facing the market. Most importantly, don't be greedy and panic.

RussianEnglishTranslation

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One of the best solutions is to just buy a stakeable token monthly and in the next bull run, slowly sell off the staking rewards. I'm personally staking NEAR and Celo. NEAR has some of the highest staking rewards and Celo is backed by the WEF and Bill Gates.

anandaijun

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Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

Of course expect more profits than the base price. But in reality, things can happen the opposite of expectations. Personally, I would not hold on to a coin or token for long when the price has already increased from the base price. Except for coins like BNB or other coins that still have the opportunity to increase in price.

Xampeuu

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Quote from: DarkIT on July 26, 2021, 01:59:45 AM

Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

Most people hold the altcoin which had good history.The altcoin will be considered as a good one.Only if that coin sustain in the market more than a 2 years.Some less potential altcoin will get out of the market in two to three months.Maybe a year,but you should not keep your investment on such less potential one.It will be identified only after good analysis.

but sometimes even though it has lasted more than 2 years, some altcoins also don't show much development, so the price is also not good. therefore in investing in altcoins I think you can choose altcoins at the top of coinmarketcap, which have a large capitalization, so they will feel safe if held in the long term

rozak

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Quote from: sirminesalot on July 26, 2021, 01:43:12 AM

A good fundamental coins are not in peak right now, i'm sure there are more price growth in the future, so i will just keep my money to invest in good fundamentals like BTC,ETH,BNB which already have strong network and used anywhere. Although they will not make any crazy growth like other small coins, it give me more safe feeling about my inevstment and i don't have to check it's price every day because i know i'm holding coins that have a very bright future

if you hold fundamental assets as you mentioned. believe me, it is a long-term plan that is attractive and definitely profitable.
right now the market is looking good, most of the altcoins and bitcoins are also getting a pump rally. but the momentum could be lost for this year. we must prepare a strategy in case of a dump. but if you make long-term plans long enough, and are not worried about the value of your assets declining. no problem by staying focused on your current investment.

DarkIT

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Quote from: Silver80 on July 25, 2021, 08:07:15 AM

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.

if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

Most people hold the altcoin which had good history.The altcoin will be considered as a good one.Only if that coin sustain in the market more than a 2 years.Some less potential altcoin will get out of the market in two to three months.Maybe a year,but you should not keep your investment on such less potential one.It will be identified only after good analysis.

sirminesalot

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A good fundamental coins are not in peak right now, i'm sure there are more price growth in the future, so i will just keep my money to invest in good fundamentals like BTC,ETH,BNB which already have strong network and used anywhere. Although they will not make any crazy growth like other small coins, it give me more safe feeling about my inevstment and i don't have to check it's price every day because i know i'm holding coins that have a very bright future

ChaoChibai

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The simple answer of your question is because I still believe and hope that altcoins will be profitable in the future. So that is why I still keep my altcoins especially ethereum. I believe that ethereum will have a nice future because ethereum has a core value that is so important in the crypto market. Also so many alts that has a good value and a good project. It is just a matter of time until the price of alts will increase.

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