CirePogi03 (OP)
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January 20, 2018, 10:31:51 AM |
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How long to hold a cryptocoin/altcoins to earn good profits?
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Gabz999
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January 20, 2018, 11:02:11 AM |
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It depends on you sir! If you see that coin still developing its project and making it more productive by the developer maybe you can consider that to hold for as long as you want. Also if you think you are okay with the price of that coin you can sell that immediately but, if you're not satisfied then continue holding it.
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BlackPanda
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January 20, 2018, 11:50:54 AM |
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It depends on you sir! If you see that coin still developing its project and making it more productive by the developer maybe you can consider that to hold for as long as you want. Also if you think you are okay with the price of that coin you can sell that immediately but, if you're not satisfied then continue holding it.
Sometimes an altcoin depends on how the team designing the coin will do the development. This could mean a vision and purpose of the coin, besides what the coin will do so as to maintain and increase its popularity in the future. If it is clear, maybe it could be a consideration to buy and do Hold. But for me it's better to sell coins that we have when the price has increased, it is the simplest strategy and not troublesome of course. For me simplicity in doing strategy becomes an important thing. If we are too busy in taking care of the analysis and strategy we do then we can be charged thoughts so that the results will not be satisfactory. |
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akamit
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January 20, 2018, 12:10:29 PM |
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How long to hold a cryptocoin/altcoins to earn good profits?
It completely depends on your decision. You are the only person who sets the goal to exist with a certain profit. Such as 2x 5x 10x 100x ?? And no one can tell you how long it may take to reach your goal which you set for your return on investment. Decision to hodl may vary coin to coin, projects to projects... I mean, if you have invested in a good project then it may worth to hodl for a long time and look for a good return. I'm still hodling a coin since Nov 2016. You can see now how long it may take to get your desired profit...  |
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DaMut
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January 20, 2018, 12:17:13 PM |
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sometime you do not need to wait it for a long time to bear the fruit but sometime you need to wait it for a while.
everything is depend on your goal and your strategy,
if you want to double it,you need a little bit more time compared to them who want to increase it by a few percents.
ideally it should be quarterly or yearly.
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VitKoyn
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January 20, 2018, 12:19:27 PM |
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How long to hold a cryptocoin/altcoins to earn good profits?
It depends on the altcoin and how much is the profit you want to get before selling it. But for me most altcoins are not good for long term investment (not all) because of the pump and dump and the whales that are manipulating the market, that is why I prefer short term trades when investing in altcoins, so that I can buy in dips and sell when it gets pumped by big investors. But it is still depends on you, if you think that coin have a potential to survive in future and can grow more then do it (it can be more profitable), because cryptocurrencies are speculative investment. |
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sartorpc
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January 20, 2018, 12:43:35 PM |
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For me it is a mix of certain things like:
- Chart analysis
- Development
- Marketing / Adoption
You should check these 3, if you feel it is going up in the long term or its just a hyped alt that will die shortly after hype... just do your own research and do your best!
A good advice is to try and sell at ATH, but it is still risky!
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BitcoinHodler
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January 20, 2018, 01:04:12 PM |
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it depends on what coin, and when you enter it. for bitcoin, any time you buy it doesn't matter it will be a good HODL  in long term you will be in good profit. altcoins depends on the coin but if you enter right before the pump you can hold it for a short time to get the biggest profit and then get out. but if you get in late after the pump is already over then you have to either dump with a big loss your keep waiting and praying that it gets pumped again maybe in 6 months or 1 year from now so you can get your money out. |
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Mpamaegbu
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January 20, 2018, 01:16:10 PM |
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How long to hold a cryptocoin/altcoins to earn good profits?
I take it that you are referring to already existing coins and not those at ICO stages. Well, holding to make profit from these coins does not necessarily depend on how long one holds them. What is supreme is the news around the coin and how fast they record gains. |
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dewynijhof
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January 20, 2018, 01:27:41 PM |
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usually if you want to have profit from holding cryptos, it must take at lesat 6 months for you to see will the coin have the chance to bring us high profit or not, within 6 months if you don't see much risen of its value then you should sell to invest in another altcoins.
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okissabam
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January 20, 2018, 01:35:45 PM |
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It really depends on you if how long you would want to hold on to your coins because there are some who would want to withdraw their coins after a month or a year or 5 years. So whichever it is convenient for you then hold it for as long as you want and can.
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BobBct
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January 20, 2018, 01:36:18 PM |
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It depends at the coin you want to hodl of course, but if you wan't a descent profit hold that coin for maybe 6 months and you can get a very descent amount of profit.
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enhu
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January 20, 2018, 02:14:26 PM |
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It depends at the coin you want to hodl of course, but if you wan't a descent profit hold that coin for maybe 6 months and you can get a very descent amount of profit.
6 months is never enough. Why did you invest to a coin or a project in the first place? If you invested on Reality-Clash all for profit you can already dump it once it gets listed on big exchanges like kucoin or on binance as its price could go about +10%. But if you invest because you like the technology and wants to see how the token can be used in the game then hold it until the project is completely released and witness how its going to be used in the platform. |
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Tynovten_
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January 20, 2018, 03:24:42 PM |
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It all depends on you too long is also not good because the altcoin price change at any time and you will never know for sure. sometimes there are good altcoins and have a good future, but the DEV. cheat so that the altcoins are bleak. to keep your altcoins you have to be active in the sosmed.
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yanto@1977
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January 20, 2018, 04:55:43 PM |
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How long to hold a cryptocoin/altcoins to earn good profits?
No one can give the correct answer because the have different strategy and mindset. Most people will say 6 month - 1 year but that is relative, so I believe you must find your sell area ( take profit ) it self. Besides that, good profit also has number and some people really need only 50% not 100%. People say need only 50% because that's strategy to grow up fund not take profit direct into wallet. Up to you and see you next time. |
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starsnshamrocks
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January 20, 2018, 04:55:50 PM |
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That is a question, which cannot be answered. Some
rockets launch straight after the ICO, other very belated and others will keep performing into the opposite direction until they are worthless.
Just look up the performances of coins by using charts, scroll back to their beginning (their first listings on exchanges) to where they stand now ..
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Pamadar
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January 20, 2018, 05:01:17 PM |
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That is a question, which cannot be answered. Some
rockets launch straight after the ICO, other very belated and others will keep performing into the opposite direction until they are worthless.
Just look up the performances of coins by using charts, scroll back to their beginning (their first listings on exchanges) to where they stand now ..
Yes, you should need to be more updated when holding a certain project as we knew that there's a lots of sway in this market, knowing how your coins perform will lead you to decide whether its already time to sell or you needed to wait for some time to gain much bigger profits, crypto project is like a gem if you found it in the right place and time then you will really earn a lot. |
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Scallywag
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January 20, 2018, 05:13:55 PM |
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I think if you believe in this market you should hold it for at least a year and even more i think , because most of the top 10 could have been bought very cheap at one point.If you would have held the nem airdrop which was free you would have been a millionaire if you sold at the right moment.
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pimvinken
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January 20, 2018, 05:45:08 PM |
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i believe when you choose to invest in altcoins should hold for at least a year to see will the coins become value on the market, but if not, you should sell to cut losses and invest in a new altcoin from ICOs if that altcoin don't have any dramatic change in the future.
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cryptocrusher
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January 20, 2018, 05:45:21 PM |
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How long to hold a cryptocoin/altcoins to earn good profits?
This depends entirely on the coin and the circumstances, sometimes the best profits will come within a day, sometimes not for many years. It's really something you need to consider each situation uniquely. As an average I would say a few months will normally be the span between cycles, that is high to low trends, but over those months most coins grow as well. |
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