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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Bitco55 on April 05, 2024, 02:00:47 PM



Title: A few crypto questions.
Post by: Bitco55 on April 05, 2024, 02:00:47 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.


Title: Re: A few crypto questions.
Post by: Jawhead999 on April 05, 2024, 02:13:43 PM
Yeah in order to earn you need to exchange your cryptocurrency to other asset (not entirely must exchange to fiat) because if you didn't sell it, it just an unrealized profit.

If no one want to buy your coins, it means you loss your money. Before coins price went to $0 (no one buy it), the price will keep declining from $1, $0.5, $0.0001, $0.0000001 etc.


Title: Re: A few crypto questions.
Post by: btc78 on April 05, 2024, 02:50:14 PM
And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?

Cryptocurrencies are mostly not used as actual currencies hence why a lot of people take advantage of the price difference between a specific cryptocurrency and a specific fiat currency. Since you can not use cryptocurrencies in most places, the only way to actually get profit is if you exchange it to your local currency.

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Meaning, the hodling is just for the value to increase over a while and then you still trade it right?

Trading basically happens in short amount of time compared to holding wherein you literally hold on for dear life. Even if the price fluctuates, you would still be holding your coin close to you.

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And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Yes you can hold altcoins if there is enough supply. If you want to gain profits, of course it’s better to choose a coin that has or will have huge returns in the future.


Title: Re: A few crypto questions.
Post by: Orpichukwu on April 05, 2024, 02:50:41 PM
Holding along will help you wait till the coin you are holding adds value, and once you have seen enough value that you are certain that if exchanged, you will see profit, then you can be able to exchange that coin for either a stable coin or a fiat . 
 
When people talk about hodls and hodlers here in this forum, it's not all coins that's meant to be held for a very long time because there are coins you will hold for a long instead of the coin to give you profit, you will end up losing what you invested in the coin. 
 
coins and mean to be held till you see profit, then you sell it and take profit. They are not meant for decoration in one's wallet; if they are not moved from one wallet to another or used as a medium of exchange, then there is no real value attached to them.


Title: Re: A few crypto questions.
Post by: livingfree on April 05, 2024, 03:00:32 PM
You're actually right.

In order for someone to taste that profit, he/she has to sell the crypto that they're holding. If they're not going to sell then it remains as paper gains until they hold the actual cash.

If no one is going to buy from them, then the value of that coin might decrease. It's always applicable about the law of supply and demand and that's how it goes with holding altcoins and yes, we can hold altcoins but there will be a definite time that we have to sell for profit.


Title: Re: A few crypto questions.
Post by: Reatim on April 05, 2024, 03:18:56 PM
Think about cryptocurrencies as an asset.

Basically a good or a product you can either buy or sell on a marketplace. Now imagine the most valuable asset you have. Most likely if it is pricey, there’s only one reason for that: less supply and more demand.

If it is rare and say there is only 1 product everywhere yet almost half of the people in the world wants the product for themselves don’t you think they’ll want to take it out of your hands? Yes, many would be willing to pay just to own that product.

Now it is up to you whether you want to sell it now wherein lots are wanting and offering money or you can wait until its value goes up.


Title: Re: A few crypto questions.
Post by: aioc on April 05, 2024, 04:09:00 PM

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you?
Then it's not an altcoin anymore it has become a shitcoin and since its a shitcoin no way you can sell it if no market or exchange it is listed, if you're buying an altcoin be sure that you have done your research on that altcoin and you follow its development and quick to dump it you notice that there are signs that the dev will do a rug pull.

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You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
It depends on the altcoins you're holding if it's in the top 50 then you're still good but beyond 100 you have to check the altcoin from time to time if it's still worth holding.



Title: Re: A few crypto questions.
Post by: electronicash on April 05, 2024, 04:23:34 PM

they recommend holding because if you actively trade, you are going to lose. holding means you are going to trade to fiat at a certain especially when the bull season is almost over.

if you want to earn, you will need to trade to accumulate the quality of your altcoin holdings which is also risky. usually, it's done when you think the price drops, you sell for a stablecoin and then buy back the tokens when you think the price is about to shoot up again.


Title: Re: A few crypto questions.
Post by: AbuBhakar on April 05, 2024, 04:32:40 PM

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Then you will stuck holding with shitcoins that doesn’t have any value because no one wants to buy it. This is the reason why you should avoid shitcoins because it’s not for long term holding. Only Bitcoin is the best coin to hold long term while rest should be traded when you already have profit.

To make it clearer, exchange has liquidity available to absorb your tokens so you can sell anytime. Your only problem is when you buy a coin without any liquidity because you can’t sell your token anymore and will end up holding valueless token.


Title: Re: A few crypto questions.
Post by: jrrsparkles on April 05, 2024, 04:47:49 PM

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?
That's how every investment works, you choose to Hold until the assets you are holding reaches your goal price then you sell it for fiat.
Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
Yes, Usually Holding can be defined as very long term trading and trading usually when someone buy/sell more often.
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
 

If no one is buying and selling the coins you have in your wallet then the value will be going down. Most of the altcoins become dead project over time which means the coin/token will be in your wallet but it doesn't have any value at all.


Title: Re: A few crypto questions.
Post by: cryptoaddictchie on April 05, 2024, 04:50:34 PM
So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
Well you wanna confirm if an altcoin can be demandable or not. Probably depend on their potential and yes theres a possibility that your token wouldnt be buy or sold for a profit too. But there are some you fan guaranteed profits like big and popular altcoins. To be able to know if your profited then converting it to usdt or stable is the way on how to know the money you earned.


Title: Re: A few crypto questions.
Post by: Kelward on April 05, 2024, 05:25:07 PM
It's important to research altcoins before buying them because there are more scams than legit, if you're unlucky and invest in a scam project, they'll turn to shitcoin on you and you'll not be able to make any profit off it. An investor without sufficient knowledge about the crypto market is better off buying Bitcoin, which is the most reputable and it's a store of value that no matter how long you hodle it, your ROI will keep increasing. Also it's more safer buying top altcoins, their values doesn't diminish and turn to shitcoins, because they've also gained reputation in the crypto space.


Title: Re: A few crypto questions.
Post by: Sophokles on April 05, 2024, 07:07:59 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

It doesn't matter how you do that but as long as you are making money, that's okay. Holding is safe for most people as most of them don't know how to trade. So it is a safe bet for them and in most cases trader don't have the nerve to raid a 100X rally. They book profit early on, but a holder can raid most of it as he doesn't have any plan to book profit as long as the market is doing well and the project as well. Some people can trade effectively so trading is the best choice for them.


Title: Re: A few crypto questions.
Post by: Yaunfitda on April 05, 2024, 07:32:39 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
Yes, it's HODLing by definition if you are not going to sell your crypto and just let it sit in your wallet for sometime, so either short term (maybe 6 months), or long term (6 months to a year). And if you decided to sell it to take your profits then you have to deposit it to a exchange and trade it to your local fiat.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
Obviously if you buy an altcoins and there are no activities or at least there are more sellers than buyers then the price will go down and it means you are going to lose money if you buy at the price that is higher than the current price. Of course, you can HODL an altcoin, but you need to be very careful what kind of altcoin you are going to invest and HODL. And that's where you need to research or what we call DYOR (Do Your Own Research) will enter.


Title: Re: A few crypto questions.
Post by: Stalker22 on April 05, 2024, 09:09:33 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

You are basically right, hodling is a long-term strategy where you buy and hold crypto, hoping its value will increase over time. You can then sell it for fiat at a profit later.  But that is not the only way. i.e. you dont have to exchange it for fiat currency specifically because in many parts of the world you can actually spend cryptocurrencies by buying goods and services, just like you do with fiat money. So you dont have to use exchanges at all.

As far as altcoins are concerned, this is a risk that exists with any investment asset. What happens to your investment in, for example, gold if prices plummet and no one wants to buy gold for whatever reason? What happens to your investments in shares and bonds if the company or county goes bankrupt? Real estate - the same thing. But even your fiat money is not safe. There are numerous cases of hyperinflation where currencies have become practically worthless, wiping out people's savings.

There are thousands of altcoins on the market, and new ones are created daily. Some of them have the potential to increase in value, but this does not mean that they are without risk.


Title: Re: A few crypto questions.
Post by: wheelz1200 on April 05, 2024, 09:13:21 PM
If you don't know what you are doing then buying amd holding is definitely what you want to do, don't try to beat the market.  And in terms of altcoins you ask a very good question.  If it's an obscure coin that no one is trading you can still hold that coin but it having zero to nothing value does you no good.  So don't get caught holding the bag of some fringe altcoin, you will lose you stack that way.


Title: Re: A few crypto questions.
Post by: ajiz138 on April 05, 2024, 09:36:05 PM
So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
Yes it is true that holding is better than trading, but on the contrary when you are already skilled in trading you will say trading is much better than holding which is waiting for long profits.
So holding is for long term, trading is you looking for profit every day from trading.

This means that you buy altcoins that are not in demand in the sense that there is no liquidity, so it is important in altcoins to never buy unpopular or newly listed coins, say meme coins or the like.
Because there are still many altcoins that have no value you cannot sell.


Title: Re: A few crypto questions.
Post by: Wiwo on April 05, 2024, 09:52:32 PM
When the coin is not listed on an exchange that means there I no way for you to trade it with a buyer, such coins are acquired from the team/developers during the ICO pre sale period,  most of those coins never made it to the exchange and investors money got stuck with them, but when you hold a coin that is listed on the exchange it means you can trade it in which ever ways both buying and selling, at this stage what you talk about is the value of the coin wether is above your bought price or below that price.

Most time some coins become worthless meaning no more buy or sell order for them, this means you lost the value and at that point it worthless,  this is the reason altcoins are most dangerous for of investment and can be call gambling since in most cases you can't predict them and sometimes also there are short term speculative assets.


Title: Re: A few crypto questions.
Post by: Zaguru12 on April 05, 2024, 10:31:49 PM

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?


Yes holding a coin is less risky than trading because trading actually requires lots of technic and also it is risky again most especially if it is future trading.

Also you can make use of your cryptocurrency not just by converting it to fiat currency but also you can use it to buy other things and treat it like the fiat currency because it is a currency itself. The bitcoin is even preferable for cross border transactions.

There is no way you can’t be able to sell your Altcoins or even swap them to their parent coins if there are tokens. The only time you can’t sell is when the coin’s developers rug pull and it went down to zero or dust amount. That’s why it is always advisable not to hold Altcoins for a very long term because it is a gamble to do that most especially if they are low caps


Title: Re: A few crypto questions.
Post by: Ben Barubal on April 05, 2024, 10:35:01 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

     In the first place, you should not fight or compete with trading and holding; they are both important in this industry. Because holding is equivalent to saving for the future, trading is equivalent to being considered a skill that, when learned correctly, can be used for life.

     That's why, if you know something, I am pretty sure you will not buy a crypto that you know has no potential; instead, what you will buy is the one that has a demand that you know will not lose buyers and sellers.


Title: Re: A few crypto questions.
Post by: Dailyscript on April 05, 2024, 10:37:11 PM
I know where you are driving to. Altcoins should not be hold for long compared to Bitcoin. There is high risk that all of you investment would be gone in just a twinkle of an eye if you invest in the wrong altcoins, while some may fall completely to zero value because there is no buyers again in the market. Am a victim of such things. I bought MEMV after some hype on Bitmart and after the pump during one night i gained some profit but i still chose to hold it for two days if there would be more pump and greater profit but that night it all fell down. Investment of $400 became $32. Now the coin has no value in Bitmart anymore.

My perspective for investment in altcoins had changed completed i am now convinced that every investor should take his profit onece he have that sweet gain instead of keeping it for some time. Altcoins cannot be trusted in the long run.


Title: Re: A few crypto questions.
Post by: Mate2237 on April 05, 2024, 10:59:21 PM
That is why you are to invest in the altcoins that listed in the popular exchanges and not the ones that not in any exchange. When you are investing you to make research before you invest and the things to look at before investing in the community support of the coin and how the population of the coin and is the coin a stable coin or it is a decentralized project. Those are some of the basic things you have to know before investing. Many people fall to know these things before investing in those altcoins and memecoins and later regret in them.

And also look at the network to know if it is free to invest or not and to know the transaction fee which is the most important thing to know before embarking on the investment.


Title: Re: A few crypto questions.
Post by: oktana on April 05, 2024, 11:15:16 PM
To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.


Title: Re: A few crypto questions.
Post by: Saisher on April 05, 2024, 11:27:13 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?


The worst thing that can happen when investing in altcoins is when the altcoins are not in the market anymore, it happens on new coins or coins coming from hype and shilling so to avoid this do not buy coins that come from the hype, if there is no buyer of the altcoins that you're holding then you have loss your investment.
I don't recommend holding altcoins for a long time, there should be a point that you dump it when the market price is crashing.


Title: Re: A few crypto questions.
Post by: Volimack on April 06, 2024, 04:39:11 AM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
Holding altcoins in good currency gives good profit. You need to be careful before investing. There are lots of altcoins out there but you shouldn't go with all of them for investment. After analyzing the market you can keep some coins but if there is little profit leave it do not go for long term investment. Altcoins are more likely to be lost there are many new coins that are scams.


Title: Re: A few crypto questions.
Post by: sekalitas on April 06, 2024, 06:17:00 AM
So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
Whether hodling or  trading is better depends on the specific altcoin, your investment goals, and your belief in its potential.  Some altcoins are better suited for long-term holding due to strong underlying technology and potential for future growth.  Top altcoins often fall into this category, while others are better for short-term trades based on quick price movements.

the hodling is just for the value to increase over a while and then you still trade it right?
most of it yes, but Some altcoin offer staking rewards (similar to interest) for holding them, or provide access to a particular blockchain's services.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Well, if nobody wants to buy the altcoin and it has zero volume on exchanges, you're essentially stuck with it. The coin will just sit in your wallet, perhaps becoming a kind of collectible.  However, there's always the slim chance the coin could regain popularity. Or, you might try to influence the crypto community to reignite interest in the coin, attracting potential buyers.


Title: Re: A few crypto questions.
Post by: Belarge on April 06, 2024, 12:59:58 PM
To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.
Altcoins are everywhere in the market. Who's complaining about selling and buying coin? That's not even a problem or challenge to consider, rather there are more tangible techniques to follow and that's one of major reasons we have exchanges were we can single-handedly buy coins and also trigger sell. It's possible to always have our best chances before us because the slightest mistakes might just see us actually having detachable losses. Holding on the promising project will definitely hits harder for gigantic profits.


Title: Re: A few crypto questions.
Post by: Denamen on April 06, 2024, 01:04:12 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
I don't understand the first. The second thing you said is right. Sometimes, the coin you hold will become trash. No one will buy it anymore. And that is investing, not just buying and hodling will make you rich. You must buy and hodl many good coins, potential coins. Remember, almost 50 of the top coins from 2014 are dead. Only around 5-10 survived.


Title: Re: A few crypto questions.
Post by: Beparanf on April 06, 2024, 01:10:08 PM
To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.
Altcoins are everywhere in the market. Who's complaining about selling and buying coin? That's not even a problem or challenge to consider, rather there are more tangible techniques to follow and that's one of major reasons we have exchanges were we can single-handedly buy coins and also trigger sell. It's possible to always have our best chances before us because the slightest mistakes might just see us actually having detachable losses. Holding on the promising project will definitely hits harder for gigantic profits.

Exchanges can delist a coin/token once there’s no trading volume for this while DEX can have a liquidity issue once there’s no interested user willing to provide liquidity to the liquidity pool. On these event, you can’t sell your tokens anymore and it’s happening frequently to all those tokens that has a weak fundamentals.

Exchange is just a host for trading but it’s still up to the users and the team for the liquidity of tokens on the exchange in able to sustain trading. There’s tons of shitcoin out there is worthless because it’s not listed anymore on CEX while the DEX liquidity pool is too thin to make a trade.

So make sure to check the liquidity and trading volume of the token before you enter.


Title: Re: A few crypto questions.
Post by: coin-investor on April 06, 2024, 03:23:40 PM


So, we all say that hodling is better than trading, yeah?
It's better if you know how to trade but if you cannot allocate time and effort then Hodling is the best thing that you can do.

Quote
And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?
Yes, to make a profit from your investment you should be able to liquidate it on profit.

Quote
Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins
I don't recommend holding altcoins, altcoins are very much different from Bitcoin, you can hodl it for a number of years and you will expect profit in the future, on altcoins if you hodl it without monitoring its performance in the market you will be surprised that you lose your investment, of course it depends on altcoins there are altcoins that perform better.


Title: Re: A few crypto questions.
Post by: |MINER| on April 06, 2024, 03:29:19 PM
Although holding and trading are two completely different things, the two are compared in one category.  If one is not good at trading then holding is better for him.  But not all coins can be held.  Because there are many such coins which are scam.  There are many alt coins and meme coins that initially have a high market price but see a high price and then hold while the price drops and face losses.  And if someone is good at trading, then trading is better for him.  Because trading can be very profitable.  But trading is not for everyone.


Title: Re: A few crypto questions.
Post by: deathcode on April 06, 2024, 03:38:30 PM
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

yes I hold altcoins but not for long term. We must make our investment plan for each asset. There are altcoins that are suitable for the short term or vice versa for the long term and are quite safe.
If the altcoin is already listed on an exchange then you can sell it on that exchange. You can see the trading volume and you will see how much interest the market has in the altcoin you want to sell. The higher and more demand, the better the growth in asset value. it is like the nature of the goods being traded.


Title: Re: A few crypto questions.
Post by: synchronym on April 06, 2024, 03:40:24 PM
First of all you need to decide where you want to invest. If you want to trade alt coin you definitely can. But I will tell you if you want to invest in kypto currency then definitely you can invest in bitcoin. Because many people are successful by investing in bitcoin. Alt coin is not bad but bitcoin investment is much better than alt coin investment. I myself don't invest that much in alt coins because alt coins have had success but I have had more success investing in Bitcoin. So I will always choose the alt coin Bitcoin and I will recommend this to anyone else.


Title: Re: A few crypto questions.
Post by: rojan on April 06, 2024, 04:40:50 PM
Although holding and trading are two completely different things, the two are compared in one category.  If one is not good at trading then holding is better for him.  But not all coins can be held.  Because there are many such coins which are scam.  There are many alt coins and meme coins that initially have a high market price but see a high price and then hold while the price drops and face losses.  And if someone is good at trading, then trading is better for him.  Because trading can be very profitable.  But trading is not for everyone.
There is a lot of difference between holding and trading. Like holding some good coins there is a chance to earn good profit in future. In trading if we start trading in new condition then there will be more chance of loss than profit. So I think holding and trading both.  There is a lot of risk involved. I am busy trading most of the time between holding and trading because we can get more profit in a very short period of time so I prefer trading.


Title: Re: A few crypto questions.
Post by: Coyster on April 06, 2024, 04:58:00 PM
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
This thing can only happen with altcoins, many of them become worthless after sometime and you cannot sell them to anyone, in that case you become a bagholder, this is the reason why it is advisable to hodl altcoins only for the short term. Having said that, another way to avoid this is that you should stay away from new altcoins and buy established coins that have been around for a longer time, newer projects are quicker to fail, thus there is definitely more risk when you buy them.


Title: Re: A few crypto questions.
Post by: Bushdark on April 06, 2024, 05:14:20 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
It is time for you to understand how the crypto market works especially for altcoins.
If you buy a token and you felt like selling them, all you have to do is to go to Coinmarketcap cap and search for the token so that you can know the exchanges that are trading it. This could help you sell your token especially going to the exchange and create account so that it will enable you to sell it if you don't see anyone that is ready to buy it from you. And if no exchange is trading it, then you have lost money.


Title: Re: A few crypto questions.
Post by: AnonBitCoiner on April 06, 2024, 05:51:37 PM
Holding altcoins in good currency gives good profit. You need to be careful before investing. There are lots of altcoins out there but you shouldn't go with all of them for investment. After analyzing the market you can keep some coins but if there is little profit leave it do not go for long term investment. Altcoins are more likely to be lost there are many new coins that are scams.

A person cannot buy every coin therefore the focus of everyone is to invest in that coin that can give them huge profit so in desire of having huge and quick profit people often choose wrong coins but I think we have not to be fall into greed but give some time to research.

If someone is not taking the risk to invest in new coins then there are also lots of previously originated coins the success of which is not hidden but people choose quick method of earning instead of secure one. Many new coins just disappear and they have no future as a result of which people fails to trust all altcoins.


Title: Re: A few crypto questions.
Post by: batang_bitcoin on April 06, 2024, 09:07:13 PM
Those unpopular altcoins can be sold if there is someone who's willing to purchase it from the owner. We do see some small volumes of it and the exchanges themselves might delist those little volume altcoins and that's why they can just do p2p from it when there is no longer an exchange that lists it. But how come an altcoin comes to it? very rare when the developers are inactive then that's for sure but if they've been too active and working hard for it, instead of having lesser supported exchange, there will be more of them.


Title: Re: A few crypto questions.
Post by: Rengga Jati on April 06, 2024, 09:58:13 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins. 
This will depend on each target person or holder. Sometimes, there are holders who actually make investments or holdings from one bearish era to a bullish era. And then the elbow is like that. To be able to accumulate coins during bullish times and to be able to take profits during the next bullish period.

However, there are also those who are long-term holders who don't really have a benchmark year. it's just that they hold for a very long period of time. For example, several holders who held Bitcoin from 2013 until now are still continuing to hold it. So it's back to each person to do it and achieve their target.

Personally, it's more like a bearish and bullish cycle. because taking profits when bullish is my goal to make a profit. Meanwhile, after the bullish era is over, I will withdraw some of it and leave it for the next investment in the future bearish era as capital.


Title: Re: A few crypto questions.
Post by: Adbitco on April 06, 2024, 10:14:39 PM
For altcoin I won't encourage to hold all altcoin there are some specific altcoin you should hold than holding whatever coin you just jump into. Yes you are right, trading coin gets you profits and holding also get you profits, but holding a reputable coin for long gets you in a better profits than just trading them immediately and lose money. Let say you buy bitcoin worth $1,000 at $50k and you traded it at then and made $1100 and someone hold his coin at $50k and it moves from that price to 73k as the current ATH how much did you think that person is making without any stressed. Again trading reduces the numbers of bitcoin or altcoin you are holding, if you are holding 0.5BTC while trading it you might lose some percentage and it will be 0.45btc instead of 0.5btc.


Title: Re: A few crypto questions.
Post by: Mpamaegbu on April 07, 2024, 06:42:09 AM
So, we all say that hodling is better than trading, yeah?
Nope, I ain't one of those who believe hodling is better than trading. For me, nothing compares to trading but you've to be good at it to profit from it. Why let your coin lie there when you can afford to trade it and increase its quantity if you know how to trade? Those who scream hodling is better know they can't trade and that's why they choose to play safe by hodling. From whatever angle you look at it – as a project or as an investor, trading increases the value of a project because it subjects it to the market where forces of demand and supply play on it. Hodling doesn't have that ability. Bitcoin was able to attain its value from the 10,000 BTC exchange for two pizzas, remember that famous exchange?

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And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
Whether popular or not, you can resell whatever alts you buy provided there's no rugpull on it and liquidity is still there. Again, whenever you're buying alts, especially on Dexs, don't add them using monikers/names. Get their CAs (Contract Addresses) to add them. That way you're extremely sure of what alts you're dealing with.


Title: Re: A few crypto questions.
Post by: Marvelman on April 07, 2024, 08:47:38 AM
I get why people wanna hodl coins instead of cashing out right away.  You're hoping the price keeps climbing so your stash grows fatter by the day.  But it's a total gamble.  Those graphs could just as easy go down instead of up, right? Like playing the slots in Vegas.   

Sure, you need actual money to buy stuff in the real world.  Eventually youd sell some crypto to get that, I guess. And altcoins?  High risk, high reward.  A few might blast off to the moon.  But for every one that makes people rich, a hundred turn out more useless than the junk crammed in my garage.   

So hey I ain't saying hodling can't work out.  People have definitely made bank doing it.  Just don't expect it to be some magical road to being a millionaire.  Youre spinning a wheel, you know? It takes some luck.


Title: Re: A few crypto questions.
Post by: God bless u on April 07, 2024, 10:55:52 AM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

Look it all depends on you and your mindset.Trading is also a good option but with low profits. If you trade altcoins it will probably give you 1x or 2x on your investment but if you hold the right coin at the right time it can give you up to 30x-100x.

Now let's do some maths if you trade daily and for instance let's assume you're profitable on a daily basis. It'll take 20 days to get that profit and you'll stress as well. But are all trades profitable? No. Do all trades give 2x? No. So people who have spare money like to get some sort of chance of multiplying them on altcoins.


Title: Re: A few crypto questions.
Post by: Briankimp1 on April 08, 2024, 11:48:51 AM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

What happens after holding is simple, The aim of holding is to gain profit afterwards in any such case that you don’t succeed, it simply means your altcoin has now become a shitcoin.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins?

You have to be very careful buying altcoins, you must do a proper research to clear any doubts before going into any altcoin because you might be looking at a shitcoin with the eye of an altcoin unknowingly, which can lead to a total loss of investment.



Title: Re: A few crypto questions.
Post by: KingsDen on April 08, 2024, 12:09:32 PM
So, we all say that hodling is better than trading, yeah?
When did we all agree on this?
A successful trader should be better than an amateur hodler. There's no easy way to success in cryptocurrency, it all depends on how much you and how well to apply what you know.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
It is nice you buy altcoins with value and not shitcoins that are not listed in any popular exchange. Do not fall victim of shitcoins listed and sellable on only one exchange.


Title: Re: A few crypto questions.
Post by: AVE5 on April 08, 2024, 12:55:46 PM
AltCoins or any crypto currency can be traded for another coin of your choice as this case maybe.
If you're also being in doubt that may just end up holding and stocking invaluable coin then you can earlier on be concious and only Invest on populous coin that trading and exchanging for fiats wouldn't be a dump asset to you. Prevention is usually better than to cure.


Title: Re: A few crypto questions.
Post by: Tipstar on April 08, 2024, 02:21:08 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

Hodling signifies the ever increasing price of coins. No one is telling you not to trade or sell at profit but its a good idea to have some coins on your portfolio as the coins are hitting their all time high every cycle and you might miss out when there's a large bull.
Traders might earn more than hodlers, there's no significant price change in bitcoin in last 3 months but good traders have doubled their money even on the sideways market. But while trading, the exit point should be placed at a larger range so you don't miss out on x2 or x4 or x10, specially for newer altcoins.


Title: Re: A few crypto questions.
Post by: Yatsan on April 08, 2024, 04:42:05 PM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

Misconception of what trading is and I guess it was comprehended literally. You might be referring to dy trading which is characterized by buying low and selling high. It is holding for a period of time until you're satisfied with profit which is the time you'd be exchanging it to fiat to buy something or make use of it. However perhaps you are about to buy a car and the company accepts crypto, then there's no need to swap it to fiat. All cryptos will be bought in the market as long as there is a volume. Indeed there are those which value have been sleeping and not having a volume that could give you trouble on selling it, but why would you engage on those coins in the first plaace wherein there are established ones already to free you from this worry. Altcoins can be held some are consistently increasing in the long run and one big example is Ethereum. It is normal to misunderstood some concepts and it is the right thing that you've asked. We just tend to generalize things if we know nothing much of it but that's not to close the doors from learning.


Title: Re: A few crypto questions.
Post by: yazher on April 08, 2024, 09:41:58 PM
First of all, if you buy some altcoins, it's up to you whether you hold it for long or just wait for the price to increase a little bit and then sell it just like what others are doing right now but most of them are willing to sacrifice a few hundred dollars just to invest on some new altcoins in order to experience massive increase in price so that they can earn huge amount of income from it. It's just like a gamble but with a higher chance because you don't just invest blindly rather you make some good research first before investing so that you won't waste your money investing in shitcoins since there are lots of them right now in the crypto market.


Title: Re: A few crypto questions.
Post by: lalabotax on April 08, 2024, 09:46:17 PM
So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
This is also the value of holding. Holding doesn't mean only to hold without taking profits. Of course,  the main reason of holding is to gain higher profits. And holding is to reach certain target of the price. Even it is small or high, this will depend on how long you are holding and the rate that you can achieve.
In this situation, we always need certain rates to take profits, depending on the coins.

after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
That is why we have to be really careful when choosing a clinic for holding. So don't just buy coins, especially hype coins for holding. Because not all altcoins are able to survive and develop in the market. so many of them end up becoming shit coins. Therefore, make sure we choose a top coin that really has good potential, fundamentals and use cases, as well as an active and professional team.


Title: Re: A few crypto questions.
Post by: Abu-Naim on April 08, 2024, 09:57:49 PM

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Investing in bitcoin is a storing value, your money will
Be safe and you will get value of what you invested since inflation will hardly affect your savings because the future we see in bitcoin.

On altcoins, if you buy altcoins with low liquidity, you may not be able to sell them, but if altcoin is listed in any were be it an exchange or on a smart chain like BSC, ETh or any other one, you can easily sell them the way you buy them. The only difference with bitcoin is that, altcoins have teams control the project which can be broken through one or two misunderstandings, while bitcoin is decentralized and no one can temper with it.


Title: Re: A few crypto questions.
Post by: oktana on April 08, 2024, 11:02:55 PM
To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.
Altcoins are everywhere in the market. Who's complaining about selling and buying coin? That's not even a problem or challenge to consider, rather there are more tangible techniques to follow and that's one of major reasons we have exchanges were we can single-handedly buy coins and also trigger sell. It's possible to always have our best chances before us because the slightest mistakes might just see us actually having detachable losses. Holding on the promising project will definitely hits harder for gigantic profits.

I think you missed it. The point is that not all altcoins end up getting listed. Just today I was speaking to someone about it. He was blissfully talking about how many whatever coins he had and I told him that the number isn’t what matters but the value. So, if you get into a shit coin, hodling won’t give it value. No matter what happens, if it’s worthless, you can never exchange it for money. You would not see any exchange list it as well.


Title: Re: A few crypto questions.
Post by: babygun on April 08, 2024, 11:35:23 PM

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Investing in bitcoin is a storing value, your money will
Be safe and you will get value of what you invested since inflation will hardly affect your savings because the future we see in bitcoin.

On altcoins, if you buy altcoins with low liquidity, you may not be able to sell them, but if altcoin is listed in any were be it an exchange or on a smart chain like BSC, ETh or any other one, you can easily sell them the way you buy them. The only difference with bitcoin is that, altcoins have teams control the project which can be broken through one or two misunderstandings, while bitcoin is decentralized and no one can temper with it.

Nobody can predict the future and you never know what can happen. Crypto is very volatile and while we are in a bull market right now, it can quickly change. I am cashing out a part of my crypto when certain numbers are hit but already made sure that I got my investment back.


Title: Re: A few crypto questions.
Post by: GreatArkansas on April 09, 2024, 02:51:58 AM

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Investing in bitcoin is a storing value, your money will
Be safe and you will get value of what you invested since inflation will hardly affect your savings because the future we see in bitcoin.

On altcoins, if you buy altcoins with low liquidity, you may not be able to sell them, but if altcoin is listed in any were be it an exchange or on a smart chain like BSC, ETh or any other one, you can easily sell them the way you buy them. The only difference with bitcoin is that, altcoins have teams control the project which can be broken through one or two misunderstandings, while bitcoin is decentralized and no one can temper with it.

Nobody can predict the future and you never know what can happen. Crypto is very volatile and while we are in a bull market right now, it can quickly change. I am cashing out a part of my crypto when certain numbers are hit but already made sure that I got my investment back.
The simplest answer is it's more likely you are trading here, where you buy low, and sell it high so you can make profits.
This is easy to say but difficult to execute, a lot of investors or traders already lost a lot of money. So it is still not guaranteed, bull market or bear market, it's still risky.


Title: Re: A few crypto questions.
Post by: KupaCrypto on April 09, 2024, 06:38:38 AM

Most platforms supports buying and selling through Bitcoin, and most places don't support it, so it depends on where you are,  if your country doesn't support it then you change it to a Fiat before use, but Yes BTC is a long term investment so as such you Hodl.

Most altcoins are risky to invest in, that why I tell anyone that wants to invest in an altcoin to carry out a comprehensive research and bear in mind it is a 50-50 chance for a DIP or a rise in price and values,  some years ago (Early years of BTC) investors didn't really know what was coming, but after the ups and downs of BTC look at where we are today, so the same goes for other altcoins, don't expect a shirt term profit, make a long term investment on this altcoins and Hodl it,  they might not surge in price as Bitcoin, but they will make a significant rise in price, but if the altcoins start experiencing a DIP then take it to be a 50-50 , either a profit or a loss,


Title: Re: A few crypto questions.
Post by: irhact on April 09, 2024, 08:13:43 PM
I think you missed it. The point is that not all altcoins end up getting listed. Just today I was speaking to someone about it. He was blissfully talking about how many whatever coins he had and I told him that the number isn’t what matters but the value. So, if you get into a shit coin, hodling won’t give it value. No matter what happens, if it’s worthless, you can never exchange it for money. You would not see any exchange list it as well.

I don't like to hold new altcoins that haven't listed on an exchange due to this, alot of altcoins are going unlisted as the Investors can't do anything when they don't get listed. I was going to the bounty board as I was looking for any altcoins from that board that I can invest into for the bull market but I noticed that many altcoin aren't listed after they're done with their bounty and for those that are listed for trading, they're not listed on good exchanges with high training volumes.

For the bounty hunters that were holding their tokens for future profit instead of selling for the little profits that they can get when the tokens got listed, they'll be regretting and this is why holding new altcoins isn't always a good thing to do. If I invested into an altcoin and I see an opportunity to take profits, I'll do that first before anything else as alot of altcoins don't make it far after they're launched.


Title: Re: A few crypto questions.
Post by: AnonBitCoiner on April 10, 2024, 07:55:12 AM
The simplest answer is it's more likely you are trading here, where you buy low, and sell it high so you can make profits.
This is easy to say but difficult to execute, a lot of investors or traders already lost a lot of money. So it is still not guaranteed, bull market or bear market, it's still risky.

That's true people often think that it is as easy as words describes but in reality it is something more complicated because buying and selling cannot only provide you profit but a better and worthy coin will identify about your profit.

I think traders faces more difficulties and more losses than investors and the main cause of investor's loss is that they sometimes hold useless coin which ends by giving them nothing in return. Market always remains risky but expert people utilize their knowledge in order to reduce their losses otherwise market is quickly changing in a matter of seconds.


Title: Re: A few crypto questions.
Post by: EarnOnVictor on April 10, 2024, 09:03:27 AM
Bro, you should cool down, you are the one talking it farther than necessary with too many philosophical relations to simple things. However, let me try my best to answer your questions.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?
Of course, HODLing is better than trading. It's not in earning but the risk involved. You will gain more in trading if you know it, but the HODLing is safer, which makes people term it better. But you are wrong in the second part, you can only exchange your fiat for cryptocurrency and own it before you can profit from it. Not the other way round. The moment you exchange your cryptocurrency for fiat, you are divesting it.

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Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
I think the terms trading and investment are causing confusion here, but note, the two could be used interchangeably. At times, before you invest, trading must first occur. The moment you exchanged your fiat for cryptocurrency, you just traded. But keeping it without trading it further on the futures/margin market means that you're actually investing it.

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And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins?
This is why you should not go for shitcoins. I will not dare to buy the altcoin I won't easily be able to exchange through popular exchanges. And I sell off those they enlisted initially and later delisted. The good part is that they announce it before making such a move.

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Can you even hodl altcoins?
Of course! Anything you can do with Bitcoin can also be done with altcoins. Imagine buying Solana in 2022, you would have made at least 20 times your investment provided you keep it till now. Is that not HODLing? HODLing is buying your asset and keeping it for a long duration of time.


Title: Re: A few crypto questions.
Post by: Wexnident on April 10, 2024, 11:24:05 AM
So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
It's long term vs short term, long term is a lot more comfortable (at least to me) since you don't need to mind the market all the time, short term is basically you needing to pay attention to the market always, find good coins, buy low sell high, trader stuff. So basically yes, you still trade it.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
You can hodl them, I believe top coins would prove that if you hodl them in the past you would've still profited. And as for altcoins that don't sell, well, the sell order is just there. Meaning the coins are stuck with you unless you sell it to a guaranteed buy order price. That's the problem with hodling just any other coin, it's not a guarantee that it's going to sell, that's why people plan out what they buy.


Title: Re: A few crypto questions.
Post by: moneystery on April 10, 2024, 11:39:37 AM

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?


if there are no more offers from the market, then that means you are holding a shittoken, since there are no more takers for it. if it is a good token, then there is still interest in the token and you can sell it easily on the exchange/swap platform, it's very simple. so if you want to hodl a token then make sure that the token is a token that has good potential and can be easily exchanged on a swap platform or exchange.


Title: Re: A few crypto questions.
Post by: peter0425 on April 10, 2024, 11:51:08 AM
Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

while it is imposible that no one will buy the coins that you are selling because this will only happen if that coins are being abandoned and dead then that will be the only reason why this will never be sold.
and also? you have a lot going on your head? because you wanted to think about nonsense lol.


Title: Re: A few crypto questions.
Post by: rodskee on April 10, 2024, 11:59:59 AM
AltCoins or any crypto currency can be traded for another coin of your choice as this case maybe.
If you're also being in doubt that may just end up holding and stocking invaluable coin then you can earlier on be concious and only Invest on populous coin that trading and exchanging for fiats wouldn't be a dump asset to you. Prevention is usually better than to cure.
actually this is not what OP is asking instead the word "WHAT IF" is the thing here,
that he is asking about the coin that after you bought and when you decide to sell there are
no one that is buying and for me this is more than impossible to happen because unless the coin
is delisted in a certain exchange or being blocked by the government ? there is no way that
you will not find buyers of your coin.


Title: Re: A few crypto questions.
Post by: oktana on April 10, 2024, 08:47:01 PM
I think you missed it. The point is that not all altcoins end up getting listed. Just today I was speaking to someone about it. He was blissfully talking about how many whatever coins he had and I told him that the number isn’t what matters but the value. So, if you get into a shit coin, hodling won’t give it value. No matter what happens, if it’s worthless, you can never exchange it for money. You would not see any exchange list it as well.

I don't like to hold new altcoins that haven't listed on an exchange due to this, alot of altcoins are going unlisted as the Investors can't do anything when they don't get listed. I was going to the bounty board as I was looking for any altcoins from that board that I can invest into for the bull market but I noticed that many altcoin aren't listed after they're done with their bounty and for those that are listed for trading, they're not listed on good exchanges with high training volumes.

For the bounty hunters that were holding their tokens for future profit instead of selling for the little profits that they can get when the tokens got listed, they'll be regretting and this is why holding new altcoins isn't always a good thing to do. If I invested into an altcoin and I see an opportunity to take profits, I'll do that first before anything else as alot of altcoins don't make it far after they're launched.

It isn’t a bad thing as well to hold new altcoins. But we should be realistic; a lot of things can go wrong and you have to admit it before you invest so you’re not stuck believing that it must be a successful investment. So. If you have the money and the risk mindset, take a shot, but it’s just a shot.