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Topic: why do you keep allcoins? - page 7. (Read 1761 times)

sr. member
Activity: 1414
Merit: 326
July 28, 2021, 11:43:56 PM
But we usually target profits not from how long we're going to hold back . However, how much profit is x2 of the capital we invest. However, the problem I often encounter is that we are usually so greedy that it is difficult to get the profit we expect.
You have to analyze the market properly and hold the currencies if you become greedy you will lose everything it is better to hold the altcoins. If you choose the right currency you will notice the benefits and the risk is much less if you wait a long time you will get more profit than expected.
full member
Activity: 673
Merit: 105
July 28, 2021, 11:43:49 PM
Altcoins are more profitable than BTC
I partially agree, are altcoins big profits? sure, but there are thousands of altcoins you have to choose right to achieve big profits but the risks of altcoins are also huge. I also believe altcoins have a future if they fit in and solve the problems that remain in niches. While, bitcoin is unique, bitcoin accounts for more than 60% of the total market capitalization. This is very important. Personally, I would choose both to invest.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
July 28, 2021, 11:02:06 PM
yeah, this is what I'm thinking of all night long. Been there, done that. It's a dilemma for me. However, I've never held a project that I don't have faith in it. I only held to a project that I have confidence would be there for a long time run. I'm not a short-time trader because I'm not good at trading but I enjoy analyzing a project with good fundamentals and team members. Not seldom do I feel nervous to trade, that's why I prefer to sell it when I think it's near to its full potential and at the right time. Silly maybe, but it's only me.
member
Activity: 280
Merit: 11
July 28, 2021, 02:54:55 PM
It all depends on the project which you are holding. If it is still active and updating the community daily, then it has chances to go up. But If a project is pumped in past and again dumped and their team members are not updating the community with new news then it will never pump again. In case of Doge the Elon Musk shilled about it. That's why we saw a pump.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
July 28, 2021, 08:25:24 AM
#99
Always my choice is perfect trading, long time holding is not my preferable system. at the end lot of altcoins are live in trading sites from where we can buy best bulling cryptos for sell in near future to earn lovely profit.
Everyone has a different version of trading, there are those who hold Bitcoin for the long term and trade with Altcoins for the short term, because every trade is for profit and the strategy is within each.
full member
Activity: 966
Merit: 102
July 28, 2021, 08:14:43 AM
#98
Depends on the perspective of the users but I think it's more on greed than really supporting the coin. Usually those users who waited 2-5 years were really a big investors and like me I don't do that of course I will not wait into something that I'm not sure what will happen, so it's more about being greedy than really supporting and hoping for the coin to pump like hell.
sr. member
Activity: 1428
Merit: 250
July 28, 2021, 08:14:13 AM
#97
Always my choice is perfect trading, long time holding is not my preferable system. at the end lot of altcoins are live in trading sites from where we can buy best bulling cryptos for sell in near future to earn lovely profit.
full member
Activity: 910
Merit: 101
July 28, 2021, 07:24:55 AM
#96
I believe in the altcoins I have. even a long time. because in my mind is if bitcoin experiences a pump altcoins will also experience a pump and that is a great opportunity to get bigger profits
The old altcoins that are already popular are coins that are always faster to follow the Bitcoin trend,
so it doesn't matter if we keep it too long or keep it waiting for the Bitcoin pump.
full member
Activity: 770
Merit: 101
fLibero.financial
July 28, 2021, 06:33:47 AM
#95
I have seen many fundermentally based price pump and a shady coordinated pump !  The formar is as a result of true value been created , generated and applied while the later is simply a trap to grab money from unsuspectng traders and investors! Having said this, It usually take some effort and general support for a coin to rise in price. A pump coin bought at the top may never rise to it's ATH again. So,  there is no need keeping such coin!
sr. member
Activity: 1722
Merit: 269
July 28, 2021, 05:40:58 AM
#94
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?

I am also one of those guys that is hodling his coins for a long time and of course i already missed a lot of opportunities already to sell the coins at their ATH and then buy them back afterwards way cheaper. Their are multiple reasons for that. Firstly i see investments into crypto pretty much as gambling and i only invest small amounts of FIAT that i can afford to lose completely without having any impact on my life. Secondly i have to hold the coins for at least 1 year here in my country or i have to pay taxes on the profits i made and i don't want to do that no matter what. The last reason is the most important one and it affects everyone, during the ATH at the coins you just don't know that they will drop 90% withing the next few weeks.. if would have known that before of course i would have sold them even though i had to pay taxes.
So now i wait for the next altcoin run because until i hold most of my coins long enough to avoid paying taxes.
member
Activity: 414
Merit: 23
July 28, 2021, 05:27:24 AM
#93
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?
There are two meanings I get from the topic you created, first I saw you ask why so many people hold new coins for a long time. Second, new coins keep popping up.
If it's true what you mean is like my first assumption, of course they hold the coin because they hope the price will rise at least 3 x from the initial price.
Before I give further response, can you clarify the meaning of the topic you created in this thread?
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
July 28, 2021, 05:09:37 AM
#92
The first thing to understand before embarking on any long term holding of a coin is know a great deal about the coin and its team, that is, the team have a big role to play here, if they are working then you can be sure that in the future it will pump again but if they aren't, then the token might be worthless, some team might even slowly abandon the project. Also know that, not all coins that pump to ATH will surpass that ATH again, hence the reason to be careful of the coin in question.
Also, with the rate new coins are coming up, makes it somehow hard to keep tabs of old coins, especially those coins whose team are not too active, therefore always sell when in profit to get your capital and profit, then you can decide to hold a small bag just in case there is a turn in event in the future.
hero member
Activity: 2128
Merit: 520
July 28, 2021, 05:07:16 AM
#91
Ya i will wait 2 years 3 years it doesnt matter, im fall in love with most of my coins since i love the community and how the team visions realized.
Also, i think the coins still undervalued and the price can pop up anytime.
If you love your coin too much, then it will be very difficult for you to let go, because someone who falls in love with the coin, he will not see how much it costs, but he will see the name and positive side of the coin even though the community is not too big.

Good factor from the coin you are investing, the more you engage with the development the more you really aiming for more,

to the point that you already forget that there's cycle where dump may take place, but along those lines since you really love your

asset then selling is not the first option but to continue buying and holding for much higher benefits.
jr. member
Activity: 840
Merit: 6
July 28, 2021, 04:59:36 AM
#90
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?
Altcoins have better potential for profit. That's why I bought NEAR and Celo. Both have staking and are backed by VC investments of millions of dollars.
hero member
Activity: 2030
Merit: 705
July 28, 2021, 04:38:27 AM
#89
Ya i will wait 2 years 3 years it doesnt matter, im fall in love with most of my coins since i love the community and how the team visions realized.
Also, i think the coins still undervalued and the price can pop up anytime.
If you love your coin too much, then it will be very difficult for you to let go, because someone who falls in love with the coin, he will not see how much it costs, but he will see the name and positive side of the coin even though the community is not too big.
full member
Activity: 1176
Merit: 105
Chainjoes.com
July 27, 2021, 10:35:39 PM
#88
Just like BTC, I see an opportunity to increase profits, but not necessarily holding altcoins outright. I saw things go wrong when I started accumulating BTC and after the market started to boom I pushed investment into top altcoins. That's how I've applied to this growth spurt, and I think a lot of people see that, and they're waiting to be able to use it.
member
Activity: 177
Merit: 50
My Dream Comes True
July 27, 2021, 10:31:38 PM
#87
Honestly, I rarely and almost never hold coins in years unless it's from a bounty which is very sadly priced. I'm the type of person who doesn't want to be so greedy, if it feels like it's already profitable enough then I will sell it. as a long term holder, there are many things that need to be considered, sometimes we can get multiple profits but that doesn't mean all coins if we keep it for a long time will go up. Just do research carefully.
full member
Activity: 434
Merit: 101
July 27, 2021, 10:15:25 PM
#86
setiap orang memiliki rencananya sendiri, bagi saya untuk menyimpan altcoin yang pada dasarnya bagus, tidak apa-apa. yang menjadi masalah ketika kita membeli koin dengan harga tinggi ini yang berbahaya. Jadi kembali ke rencana perdagangan masing-masing
full member
Activity: 758
Merit: 104
July 27, 2021, 07:21:29 PM
#85
Ya i will wait 2 years 3 years it doesnt matter, im fall in love with most of my coins since i love the community and how the team visions realized.
Also, i think the coins still undervalued and the price can pop up anytime.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
July 27, 2021, 07:00:29 PM
#84
With the capital we have we are free to invest on any of the cryptocurrency available on the market. Particularly Bitcoin being high price, people prefer to invest on low price coins. This is one of the major reason why People keep altcoins. There are altcoins that has given very big return out of the investment in a much shorter time period. It is always a good choice to have multiple assets than everything invested on a single asset.
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