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Topic: Why people are holding Altcoin? (Read 1877 times)

jr. member
Activity: 178
Merit: 2
April 19, 2018, 08:39:59 PM
Because now is only a matter of time, the correction of the increase at the end of 2017 and the price will come back again starting in August 2018
newbie
Activity: 196
Merit: 0
April 19, 2018, 08:32:42 PM
It is an option they use in the midst of this turbulent Crypto market price.
They believe that Altcoin will bring good profit.
They ignore the risks and stay firm in their Altcoin stance and will sell them when the price of Altcoin has gone up.
full member
Activity: 373
Merit: 100
April 19, 2018, 08:26:04 PM
some of them are really investor of certain project.. if you really believe that a project will be successful holding that token will give you high profit..
Yes I agree with you. For me, people are holding altcoin because they believe that it will help them in some instances. They also believe that they can be rich in altcoin. There are many reasons why people are holding altcoin and one of the reasons is for financial purposes.
newbie
Activity: 66
Merit: 0
April 19, 2018, 08:01:10 PM
Well I think maybe they love altcoin and are hoping altcoin prices will rise soon. So they're holding their altcoins for maximum profit, they are just waiting for the right time to sell them.
member
Activity: 602
Merit: 10
April 19, 2018, 07:58:34 PM
Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?

Some altcoin have back up by real company and already have product. Its like holding stocks with undervalued market cap and its opportunity to make big profits from alts. Like what happen right now, bitcoin price steady at $8000 but bitcoin dominant down to 38,9% because altcoin dominant in transaction right now
newbie
Activity: 35
Merit: 0
April 19, 2018, 07:55:53 PM
in my view they are holding the existing altcoin probably because they want to wait for the price to grow and provide a good income. and it could be that they want the investments made to be profitable because for now the price of altcoin in exchange is unpredictable.
sr. member
Activity: 644
Merit: 250
April 19, 2018, 07:44:16 PM
people hold alternative crypto-currencies because they have a chance to grow by thousands of percent. Especially those that have low capitalization now.
newbie
Activity: 53
Merit: 0
April 19, 2018, 07:24:49 PM
It is incredible, but most people is holding altcoins because they have that hope of seeing everything going x100 in a few months from now.

I saw a lot of people saying that Ripple was gonna make more than x100 in a year, and it did (last year)

I still believe in that Ethereum is the one that will be a game changer during the last quarter of this year



Yes this is possible with the way it happened in other altcoins last year, I'm hoping it will happen to some again this year.
member
Activity: 203
Merit: 10
April 19, 2018, 07:22:28 PM
Having and holding an altcoin is a big privilege and opportunity for us to earn more than our usual income. People hold because of this reason.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
April 19, 2018, 07:14:58 PM
It is incredible, but most people is holding altcoins because they have that hope of seeing everything going x100 in a few months from now.

I saw a lot of people saying that Ripple was gonna make more than x100 in a year, and it did (last year)

I still believe in that Ethereum is the one that will be a game changer during the last quarter of this year

newbie
Activity: 126
Merit: 0
April 19, 2018, 07:11:53 PM
They are holding because some of them like the project but they are not good in trading. So holding makes it the most logical and profitable way to go so you won't miss any price action when the altcoin rallies. Some altcoins will give you better returns if they over run bitcoin in a certain period of time.
copper member
Activity: 8
Merit: 0
April 19, 2018, 06:50:46 PM
The value of altcoin rises simultaneously so As one of them we're holding altcoin because of it's potential in the future where we can profit x2-4 of the value of token when it started

That pretty much sums it up  Cool
member
Activity: 294
Merit: 17
April 19, 2018, 06:47:54 PM
There is much bigger potential for profit(and loss) with altcoins, people love new promising projects, even without a proper background sometimes.
sr. member
Activity: 1414
Merit: 260
April 19, 2018, 06:41:42 PM
They hold of their toke because they want some profit or else they hold because the price of the token they hold are in a small value for now. Even me if my token is on a low price maybe i will going to hold it first and wait on when my token be in the moon.
newbie
Activity: 100
Merit: 0
April 19, 2018, 05:58:05 PM
 The value of altcoin rises simultaneously so As one of them we're holding altcoin because of it's potential in the future where we can profit x2-4 of the value of token when it started
full member
Activity: 448
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
April 19, 2018, 05:34:09 PM
Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?
because by holding Altcoin can be increased in terms of price. with the increase in the price of profits earned is also large. so it is necessary to hold the coin for a moment.
jr. member
Activity: 238
Merit: 7
April 19, 2018, 05:21:23 PM
As the crypto market is volatile so it doesn't mean that if the coin value is dropped it won't ascend afterward, coin value depends on supply/demand. And as so people will buy altcoin even knowing that it is risky investment & regardless of volatility at a low price so they can sell it at a higher price it is just a form of investment for them. Even some altcoin can give you more profit in short-term if you chose carefully which coin has potential to arise 5x-10x times. Simple fact is that sometimes you have to take risks in your life to get a fruitful reward.
full member
Activity: 476
Merit: 100
April 19, 2018, 04:46:42 PM
I, as well as many in this market hold the altcoins for one obvious reason: not to sell in minus. Nobody wants to sell at a loss it is obvious. All wait for growth of the coins in the future. I believe in technologies of projects which I keep in a purse. In the cryptocurrency market the patience is very important, otherwise you will achieve nothing!
full member
Activity: 1316
Merit: 108
April 19, 2018, 03:43:41 PM
Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?
It should be borne in mind that virtually all of the crypto currency, except bitcoin, is altcoyin. Bitcoin is not in the best shape now. It would be, on the contrary, amazing. if people did not keep altcoyins. In addition, now many altcoins have even much better qualities than bitcoin. In addition, bitcoins are universal in their purpose, while the created tokens have very different characteristics and are very useful in different specific branches of our multifaceted life. The future is for the altcoyins.
hero member
Activity: 658
Merit: 500
April 19, 2018, 03:29:29 PM
There are several reasons to hold a token, if one feels the future of the project is good, nomatter what the current market says, another is, if one don't want to sell below the ICO price, if will be very difficult for me to be sell tokens I bought below the cost price
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