Why people are holding Altcoin? - page 15.

Amajaa

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Quote from: Evakotel on April 11, 2018, 07:54:15 AM

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?

Main reason why many are holding simply because they want good profit.. Why sell right away when there is big chance to earn more than on its current value.. And maybe some are holding because they loss some of their investment and waiting for green day..

Neoscape

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Bounty Management? https://t.me/Luminos17

I think they hold altcoin because one of them is an investor on the altcoin, the second because they get from the mining and altcoin selling price has not reached the target they want and the last they buy altcoin with expectation the price reaches the target until they get huge profit.

V1lpu

member

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Why do people holding assets other than gold?

topkhai

member

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if you sell your coins when prices down it is a dumb choice. only a fool does that, the best option either when the volatile market is waiting until the market normal again, and you can get more at a time like this, I think it is the right choice

rancidgash

hero member

Activity: 735

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Quote from: Evakotel on April 11, 2018, 07:54:15 AM

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?

I think, if somebody holding your altcoins, he is doing this for get bigger profit. Some altcoins are better in long term investments. So i do not think so it is love, rather they want to get more, i can name this " be greedy "

illnino

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Quote from: Evakotel on April 11, 2018, 07:54:15 AM

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?

I know some people who just forgot about their cryptocoins. In such a way they have become fairly prosperous people. But this is not a rule of course. Most people keep their coins to get profits in future.

mel1978

full member

Activity: 518

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Quote from: Evakotel on April 11, 2018, 07:54:15 AM

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?

People are holding coins because they are believing of that coins to have a high potentials in the future. Altcoin has a greater help too because it is very profitable especially if you buy it at very low price and sell at very high price. There are also free alts given as airdrop and a lot of people here are registering on it because they are earning on it.

tonylewisverdu

newbie

Activity: 28

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holding through the up's and downs is an easier method to trading daily. the market is such that without experience and luck day trading could lose you a lot of money so many prefer to hold and go for long term gains.

Soroskatona

jr. member

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Because they expect something bigger to happen with that alt, resulting to a higher ROI than it would be with other coins, such as BTC or ETH. Or they jsut see the fantasy in it. I believe thats the main reason.

marksayson

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Activity: 420

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Its not all about gaining profit. Some of it even when the price of that coin really goes down, they didn't care. All they care about is the purpose of that coin. Some of it are just waiting for the updated roadmap .And didn't chase for a quick profit. They aim for the true purpose of the altcoin.

Onews1990

full member

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Merit: 100

In my opinion, people are holding Altcoin, because they are believe it will soar in price. But right now the market isn't stable movement to up.

Paul karet

newbie

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Quote from: Evakotel on April 11, 2018, 07:54:15 AM

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?

sometimes people hold alcoint just waiting for high market prices. because the collection of alcoint is very vulnerable to market changes.

semes

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Activity: 713

Merit: 31

You can increase the amount of Bitcoin in your hand in 2 ways. The first is to buy Bitcoin with USD in your hand. The second is trade. When buying and selling bitcoin, the most commonly used method in the stock markets is the Bitcoin price. Traders trading in USD and ETH have very low daily volumes. Personally, the most important issue for me is to increase the number of Bitcoins I have. So I do not really care what the USD value is now. Because Bitcoin will rise to very serious numbers in the future. And then the price of Bitcoin will be discussed again and it will be valid worldwide. For this too, the more the amount of Bitcoin that is owned, the better. Although I have had some serious opportunities in some periods, unfortunately I did not evaluate very well. But these are all experiences. Anyway, if I come to the real question, my only goal in keeping my Altcoin is to increase the amount of BTC I have. This can also be achieved by the fact that the other coin I hold up against Bitcoin. But in the crypto world there is always a risk. I never know what will happen.

kakade

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Your questions actually represent the answers to them. Yeah, many people still hold altcoins (I myself do it) because I believe that the altcoins will recovery soon, I mean, some altcoins probably. Even the changes are not changing significantly, we can see the progress. Some of them are in green even some still red. Loving altcoins become part of this life today because altcoins have helped somebody to change their life. We also commonly have certain strategy why we still hold our altcoins, one of them is still waiting for the price to rise up and will not make a worse price by panic-sale.

wuvdoll

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Quote from: tsaroz on April 11, 2018, 08:04:57 AM

People believe in altcoins. They believe in a future with cryptocurrency.
They believe cryptocoin is the future and no force can stop it's growth.
There are crest and trough in every business, crypto are relatively new and has more than 90% population out of it's reach.

A lot of people surely believe not just in altcoins, but in the sense that the project they are holding may get bigger in the long run and make them as rich as they would want to be based on the increase in value. The sure thing is that those who have held even during dark times when the crypto market bled and even bought more are the ones who always enjoy the best moment when those altcoins end up doing great in the long run and that is how it has always been and I do not think anything is changing that.

davidroux

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Activity: 625

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io.ezystayz.com

i think the reason people want to hold altcoins for long term to earn money, if they choose the right coin, they can get money when altcoins go up in the future. for some people who dont like trading, it's a choice to earn money in the coinmarket

jojowar

member

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People hold altcoins because they know that these altcoins have potential to increase its value and make profit on it.

Vispilio

legendary

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For spectacular gains of course. When Bitcoin makes 10-15x, promising altcoins with strong tech, team and unique use cases make 100x and above. Check the pattern for the last couple of years.

One savvy guy even published it here he turned 10,000 USD to 1,000,000 USD just holding 5-7 altcoins within 8 months during 2017. So you do your own judgement...

normanderecho

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Quote from: aardvark15 on April 12, 2018, 08:28:02 AM

Quote from: Evakotel on April 11, 2018, 07:54:15 AM

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?

Why not hold an altcoin? I don’t really see much of a difference in holding altcoins verses holding Bitcoin as long as you are holding an altcoin that you think is a good project with potential. We’re really investing in potential either way. Bitcoin is still risky and many of us held Bitcoins a few years ago when it was even more risky and had less value.

I think theres many reason why people continue hold on altcoin like people hold it because people think it the price will goes up again.theres other people hold it because people waiting to rise again and to get a good profit someday.

kier010

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Merit: 100

they hold because they are waiting for its price to grow. bitcoin and altcoins main purpose today are earn profit. because it is volatile price change every time so they can profit if the price goes up.

Topic: Why people are holding Altcoin? - page 15. (Read 1856 times)