A few crypto questions.

[peter0425]

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.

[rodskee]

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.

[oktana]

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.