Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mashed_Potatoes on February 18, 2018, 03:37:54 PM



Title: Do you believe in "coin loyalty"?
Post by: Mashed_Potatoes on February 18, 2018, 03:37:54 PM
I wanted to get everyone's opinion regarding continuing to hold coins that may be slipping back in development and/or market cap that you have held for awhile. Would you be ahead or behind had you hold/sold?



Title: Re: Do you believe in "coin loyalty"?
Post by: Crasengover on February 18, 2018, 03:45:33 PM
I hold only those coins which I believe the most promissing and have a huge growing potential. So I don't really care about their current price, until their market cap is still lower than I expect. I always set a profit level which I wanna gain from each coin I hold, so I sell a coin only when I reach it.


Title: Re: Do you believe in "coin loyalty"?
Post by: Crypto_Day_day on February 18, 2018, 03:49:14 PM
it all depends on your believe in those coins. the markets change all th time and the volatility is super high.

im holding for a while and it goes up and down.... in some i lost and some gained but my view is for 2 years from now...


Title: Re: Do you believe in "coin loyalty"?
Post by: nakamote on February 18, 2018, 05:06:00 PM
I wont be holding coins that doesnt have any potentials in the future,of course you will only hold coins which are worthy to hold and coins which you have known that it will have some good value in the future.Good coins will always find their way to be at the top if these coin are worthy enough the community will invest to it,but if its not dont expect too much.


Title: Re: Do you believe in "coin loyalty"?
Post by: Classica35 on February 18, 2018, 05:10:37 PM
Well, it depends on the nature of that coin, considering how proactive the developer and the team is. I believe that i good coin held for long, will do greatly well, but the growth is not always constant.


Title: Re: Do you believe in "coin loyalty"?
Post by: aalborg on February 18, 2018, 05:32:03 PM
I think nobody will hold coins that don't promise good return in future. The market changes too fast and projects must change with them. There should be a rule change or die. If I see news good news about coin, about the team and etc. I would hold. But I can't call this "coin loyalty"


Title: Re: Do you believe in "coin loyalty"?
Post by: Maheshkumar_Hrangkhawl on February 18, 2018, 05:39:53 PM
I wanted to get everyone's opinion regarding continuing to hold coins that may be slipping back in development and/or market cap that you have held for awhile. Would you be ahead or behind had you hold/sold?

If you want to make money, then you should make the decision using your brain. If you use your heart for that, then you are more likely to lose your investment. This is a hard lesson which I had learnt in 2017.


Title: Re: Do you believe in "coin loyalty"?
Post by: aces777 on February 18, 2018, 05:58:00 PM
There is no thing as coin loyalty in cryptocurrency trading. If you want to earn then you gotta be smart instead of loyal/ Use your brain instead of heart. If you think the coin will bring you loss, just don't hodl anymore. No need of loyalty there.


Title: Re: Do you believe in "coin loyalty"?
Post by: bryant.coleman on February 18, 2018, 06:09:38 PM
It is always hard to sell coins which gave you good returns in the past. For example, Litecoin gave me 10x returns in the second half of 2013, and I held on to most of my LTC coins even when it got destroyed by the other alts in 2015-16 (I finally sold most of my LTC in 2017, and now I regret that decision).


Title: Re: Do you believe in "coin loyalty"?
Post by: sourish on February 18, 2018, 06:20:17 PM
In the world of cryptocurrencies bitcoin holds a very definite coin loyalty, no matter what the denial. That said, as far as the other coins go, projects, popularity, market cap, usefulness etc are major but interchangeable factors for becoming attractive investment favorites.