Are you a bagholder? Which altcoins do you hold?

[Kolder]

Im not a bag holder that holds a lot of alts but i do have some coins which are stored on wallets not small enough though but still consider as decent. I have ETH,XMR, XAUR and some DOGE too but im not expecting too much on those alts thats why i decide to hold up as long as i can and sell off if i see the price is just fine for me to gain profits.

XAUR and Doge are no longer profitable coin.  It is waste of time and money on bagging that two coin.  Only ETH and XMR are the best to hold until the end.  They are the counterpart of bitcoin in my opinion

[cryptogear]

Personally I'm not a bagholder of any coin. But also IMO it's pretty risky anyway. You better diversify your investments and stick with multiple but smallers holdings in different coins.

[TRoze]

I'm holding just Monero and Ethereum and plan to long term.  As of now Ive made almost 5x my initial investment from just buying early and holding.  But I'm sure the prices will fall back down a bit, so who knows it just might be time to sell a bit of my stash. 

Although this is the only ones I hold, there are many I'm interested in such as, Ripple, Bytecoin, Tether, Golem, Edgeless, Waves, Ardor, Augur, Factom, Lisk, Zcash, Potcoin, Nxt, MaidSafeCoin, and maybe a few others.  But I would maybe buy one or two out of that list, but most likely will just stick with what I got. 

[phr0stbyt3]

I don't holding so many coins would actually make any sort of sense as most of the coins you are holding have very less chance of an increase in price so it most likely after few months you will be in huge loss plus managing of so many coins is also another headache.
But currently I hold a few eth and monero. Btc is of course.

Yeah most of my holdings won't go anywhere for sure, but since I earned most of them via faucets, I've got nothing to lose. My real investments are into Ethereum, Dash, Litecoin, Monero and Ethereum Classic. Perhaps, one day when some of the altcoins I hold, pumps in price, I would have the opportunity to make a substantial amount of profit, but until them I would just stick with the previously mentioned coins for the long term.

Glad to see that you're holding Monero too. Personally, I see it as a better anon coin than ZCash due to the fact that it enforces anonymity with its ring signatures. I hope that more darknet markets would accept XMR, to help increase traction in the exchanges, making it the most valuable anon coin around. 

Sometimes I think that it should sell everything for BTC

Because just stand in my wallet and do not do anything with them.
I primarily mean of DOGE and BCN, have them a lot but do not have some value

DOGE and BCN are very cheap, and while having much of them gives you little to no value, they're quite fun for tipping and micropayments. Transaction speeds are way faster for Bitcoin, so these alts make it ideal for everyday payments. They could be of great use towards helping spread mainstream adoption of cryptocurrencies. Just my thoughts. 

I agree doge literally sends as fast as paypal but i basically think it is of no use as it just like a why should i make payments with dogecoin when there is no change in price at all. I remember i planned for buying an item for 100$ which was some 0.08 but i was tired so i decided to buy next day and the pirce increased overnight i guess i ended up buying at 0.067 or something. Just using dogecoin would be useless as it is irreversible and it is really risky

[harizen]

In terms of long term holding, I preferred NEM/XEM which I started buying and hold it last year without even looking at it's price while on the progress. They have a slow progress in terms of price but I see that this coin will shake the world of exchanges soon.

Recently the price gained for almost 200% - 400% after being downed for the range of 400-600 sats for about half a year. Really a good progress for those bagholders. But even with that rise, I just watched it since it's all about HODL.

[andrei56]

In crypto land, there are a variety of cryptocurrencies to choose from, since the inception of Bitcoin. Many of them provide innovative ways for us to transact in our daily lives.

Some have advanced features and higher transaction throughtput than Bitcoin, and others are just cloned from BTC's codebase.

While the majority of altcoins are pump and dump, there are very few of them which are worth holding.

That is to say, we sometimes end up holding the bag when an specific altcoin massively declines in price.

Nevertheless, I would like to know if you are a bagholder of altcoins, and which of them do you hold into your wallet?

As for me, I hold plenty of altcoins like Casinocoin, Virtacoin, Litecoin, Dogecoin, Dash, Ethereum, Ambercoin, LiteDoge, Tekcoin, Stratis, MonetaryUnit, Teslacoin, and many more (the list is extensive) Due to the many altcoins I hold for a pretty long time, I consider myself as a bagholder.

What about you? 

Wow that is a long list, besides bitcoin the only other coin that I hold is Monero,  it is the only one I believe has potential, I know there are other great coins, but to me the potential of Monero is the greatest and that is why I hold some.

[e-coinomist]

I own about 5+ different tokens and for 4 of them, i'll wait a decent pump then exit. Only eth has backed up potential to moon.

That tragically sounds like someone who has given up on all BTC mooning promises. And ETH beeing still in an experimental state, besides BTC proven rock solid!

[e-coinomist]

About masternode shares, I think there is a site called Masternode.me which allows you to buy shares of a masternode, and receive dividends out of it. The idea is great, but in my case, I would prefer to own a full masternode and receive full earnings.

The itchy part is about true ownership. How do you "secure" the ownership of a node partition? Falling for a ponzi lures around that corner, too. People selling shares of a node that does not even exist.

Similar to cloud mining. I once owned mining contracts on Poloniex. They had been free tradeable. Poloniex still exists. Those MNS1 (??) shares are gone, I sold before things went south. Payouts would have never ROI'ed anyways.

[jack1111]

I prefer holding multiple tokens to focusing on one and wait it to pump, recently, Ether, Dash, and Monero generated huge profits for their bagholders, some new potential coins will do the same. I think Ether and Monero believers got big profit in short time compared with other type of investments. The crypto world is getting wider and there are good opportunities, currently, I hold ICN and Time.

[shamzblueworld]

Not a bag holder of any at the moment, but I do own some small amounts of a couple of altcoin.
But I do want to be a bag holder of at least 5 small alts, for the main reason OP stated of course.
Just evaluating my options at the moment though.

[electronicash]

i don't hold any coin besides those that get pumped. if there is one thing that a newbie should learn in this crypto trading, its to dump whatever they are holding until such time they need to back  because its being pumped.  else just dumped the altcoin you hold and watch the market which coin is pumped.

[Abiky]

XAUR and Doge are no longer profitable coin.  It is waste of time and money on bagging that two coin.  Only ETH and XMR are the best to hold until the end.  They are the counterpart of bitcoin in my opinion

Agree. Both XAUR and DOGE are only meant to be used for quick transactions, but not as a store of value nor as a means for long term investing. As for ETH and XMR, they have been performing quite well with prices reaching all time highs (especially ETH). If you're considering holding good alts, then that would be the top 5 cryptocurrencies like ETH, DASH, XMR and ETC.

These last ones are very ideal for long term investing, as they have a constant uptrend in price. Still, if you're bagholding a wide list of altcoins, I'd recommend you to get rid of most of them, to keep your list short and be able to manage them easily. Having too much altcoins can be troublesome, especially having to setup wallets for every one of them. Just my thoughts. 

[BayAreaCoins]

I hold some DASH, but I'm really sweating it at the moment... not looking real good for us who bought at these levels :-/.

Thank god I hold some Clamcoins to hedge with my Bitcoins, so my DASH loss don't be so bad, but I could still see DASH being worth 10 for 1 Bitcoin.

[e-coinomist]

I hold some DASH, but I'm really sweating it at the moment... not looking real good for us who bought at these levels :-/.

Thank god I hold some Clamcoins to hedge with my Bitcoins, so my DASH loss don't be so bad, but I could still see DASH being worth 10 for 1 Bitcoin.

Hodling DASH would require any amount size that qualifies for running a master node. I think there's 45% of the network's revenue accumulating. I would not buy X.Y DASH merely in the hope of a pump, placing them on a shelf to collect dust.

[Oilacris]

Im not a bag holder that holds a lot of alts but i do have some coins which are stored on wallets not small enough though but still consider as decent. I have ETH,XMR, XAUR and some DOGE too but im not expecting too much on those alts thats why i decide to hold up as long as i can and sell off if i see the price is just fine for me to gain profits.

XAUR and Doge are no longer profitable coin.  It is waste of time and money on bagging that two coin.  Only ETH and XMR are the best to hold until the end.  They are the counterpart of bitcoin in my opinion

I already observed that thing too but i wont decide to sell those coins on cheaper prices and i would choose to hold up and forget about it and might someday i would be shocked when price do rise (hopefully ) but i still didnt expect too much on those coins but as long they are on my posession selling would not be on this time.

[andrei56]

i don't hold any coin besides those that get pumped. if there is one thing that a newbie should learn in this crypto trading, its to dump whatever they are holding until such time they need to back  because its being pumped.  else just dumped the altcoin you hold and watch the market which coin is pumped.

The problem is you cannot predict when a pump is going to  happen and that is why it is better to invest before the pump that way you get to ride the whole wave and earn even more because of it, if you wait you could lose your chance to earn with a coin.

[Abiky]

The problem is you cannot predict when a pump is going to happen and that is why it is better to invest before the pump that way you get to ride the whole wave and earn even more because of it, if you wait you could lose your chance to earn with a coin.

Yes. Most altcoins are highly volatile, making it hard to predict when a pump is going to occur. Sometimes, when you think that a pump is going to happen, you being to massively invest into an altcoin, later giving you unexpected results as the coin declines in price.

There are some pump groups which take a specific coin to pump it in price at any point in time, but be aware that making profit here is not guaranteed and you could lose more than what you have initially invested.

Nevertheless, always stay safe, and when choosing an altcoin to invest, make your own research about the dev team involved, its community and other things to ensure that you will make the right decision when putting your money into it. Just my thoughts.   

[JasonXG]

Personally I'm not a bagholder of any coin. But also IMO it's pretty risky anyway. You better diversify your investments and stick with multiple but smallers holdings in different coins.

This is exactly what I do. Here is a good example. Let's say you "win" with your investment and make 7 wins and 3loses if you use the same amount each time you will profit. If you only pick one and its the losing one then you lose as if you had lost all 10 times.

[electronicash]

Currently a bag-holder of two altcoins only:

-Monero (XMR)
-ZCash (ZEC)

Waiting for their good pumps to sell them, and then be the bagholder of ZClassic.

those coins are going to be useless by the next years to come all because of the new coins with better anon features, unload your burdens and dump th0se shits before someone dumps the first.i bag some of them back then but i see the future believe me i'm from china.

[Abiky]

those coins are going to be useless by the next years to come all because of the new coins with better anon features, unload your burdens and dump th0se shits before someone dumps the first.i bag some of them back then but i see the future believe me i'm from china.

Yeah. As most anon coins are full of hype, they will eventually be replaced by another anon coin with better features. If you look at Dash, it has been experiencing frequent price uptrends, but I believe that this is a result of hype since there are better anon coins, in my own opinion, like Monero which enforces anonymity via ring signatures.

That is why, most of these altcoins are just pure speculation, and cannot be considered for long term investments. If you want to stay safe, just stick with Bitcoin and good old Litecoin, which has been stable in price during its time in the markets.

Thanks to BTC's price devaluation because of the scaling debate, I could buy in cheap coins, before prices rebounded back to their previous levels. It's a win-win for those who invest early into the pioneer cryptocurrency. Just sharing my thoughts.