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Every thing has session,also they is time for everything, base on the current situation of alt-coin is very good to invest on them, mostly does one that has prospect, and also some exchange coin good to invest and is profitable in future.
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Note: This is not about how to identify good coins to HODL
This is about how you can be a good long term holder
1. You must have another source of income
Either in crypto space or outside crypto space you must have other source of income,there was a time when i used to rely on coins i hold for monthly income but most time they failed me because some altcoins takes more than a month to add value. You can learn trading or find a better job to get constant income for your daily needs.
2. Not all altcoins are good for long term holding
Some altcoins are too weak to have better value overtime,these coins only add value to price once in a blue moon,WHY?because the power of demand is too low and they have no working product,i belief that working product is what makes a coin have many more investors
3.HODL Only Altcoins With Real Use Case
There are different categories of coins with use cases,many use case are weak use case,for example using fashion designer to back a token is a weak use case to me because it means you can only use the token to buy the designer wears and many will call this a real use case? no it wont do very well.
Make sure that the real use case of every altcoins you hold will be very reasonable,the products backing them up must be something that is different and will catch the eye of investors,the usefulness must be outstanding .
4. Stay Updated Always
Opportunity comes but once as many know it,so always stay updated about crypto,read crypto news online and keep tracks on your altcoins so that you wont miss future updated or even token swaps,some altcoins i hold have already switched to MainNet and im glad i dont missed the opportunity,you can use blockfolio app to track your altcoins.
Altcoin season is what many are waiting for,even new projects are waiting for altcoin season to return before they get listed on exchanges,im sure of one thing and that is good things dont come easily,today is bitcoin turn to reign and one day altcoins will have its day as well.
Your right, HODL for a long time is not easy at all, mostly no other source of income as it stated above is very bad, because they are some, volume of demand on alt-coin is very low and is not much courage to hope on it, as a daily means of income. Secondly is good to have other means of income as a delay need and also invest on cryptocurrency as the case may be. |
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That is true, because cryptocurrency is a decentralized currency peer to peer in exchange trading platform. Hence, is very good to implement to other platform, not only a particular exchange token named as it stated earlier, secondly it will be added more advantage towards the industrial as already has the origin where it created and keep spreading globally on difference exchange.
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Theseis a very good one to know investment of Alt-coin duration, and i think, this a right time to invest on alt-coin, which can be BTC or ETH, or at a lower rate of investment, EOS, XRP, Litcoin, Qtum and many more, base on the current price is more profitable in the future. Hence you can invest on Hydax, HDX token, and the ICO is going live.
Good luck.
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Ethereum ERC20 Tokens are highly accommodate other alt-coin in the cryptocurrency industry, and i believed that the current market prize will be gradually going up and the current price is vey good to invest in Ethereum ERC20 Tokens and is more profitable in future.
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Bitcoin is a digital currency as that is perfectly working at any time, which we can convert to our daily living, which depends the level of operation, How ever, the price of BTC is keep fluctuating as it stated at the article you posted, and is a reality things we are facing, Finally bitcoin is a financial freedom.
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Trading platform, where other alt-coin are trading and your holding a particular coin that is not yet trading, put it has already listed on exchange, which no volume yet, that really show that is has not started trading at that point, just be patient with the team, and people has been saying good things about the project. which they is good-news to share soon.
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Bitcoin is a digital currency which required you're time or resources to earn a bitcoin in the cryptocurrency industries, hence, for a non-crypto users, you have to bear in mind that bitcoin is an asset, which can not be free, but have to show working before earning bitcoin.
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That is a very good idea, from the steps you stated above and i have tested three out of six and is working perfectly in the cryptocurrency platform and i have been getting paid, secondly as we all know that bitcoin is a digital asset, which can be converted to a local currency at any point in time, finally thanks for sharing more idea of earning bitcoin.
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Bitcoin has many trust site to buy bitcoin and also trade at any time, therefore, the few list you can buy bitcoin are, BitMEX, CoinBene, IDAX, HitBTC, Extracted, LATOKEN, Hydax Exchange.. And many more
Goodluck
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The price of bitcoin and other alt-coin has been fluctuating down with a weak strength, of price to go back at initial price of $15000 and above, instead the price keep down below, like wise other alt-coin. Hence is very good to invest, and is going to be more profitable in future. Because bitcoin has the prospect in future.
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Sir, Please update my Twitter and LinkedIn Week 1 Report on spreadsheet Thanks |
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Before registering on any exchange, they must be a terms and condition, before accepting to proceed, hence any victim of account hacked is majorly caused by the user device, attacked by virus, thefore is good to have a strong password and Google Authentication to secured your account.
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You have said it all, because every successful project has been conducted by a team work, the interaction with the investors matter a lot, Secondly the prospect of the project, with a Road map and other thing that describe the future of the project, that we make to motivate on the project.
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Our delay job or work has to been derive joy and happiness while doing Job as a lifestyle, hence there is depressed while doing the job always. that means something serious wrong and you know your self where you are missing it, therefore change strategy while doing the job. by doing the right thing at the right time.
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One thing you need to know is change, every system get changing as the world is moving higher with technologies in advance version, Hence payment of bounty hunter as a reward have to beer the patient of the time delay rewards and also more useful in future time.
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