Is hodling alts dangerous?

[adzino]

Yeah, holding altcoins actually have higher risk  than holding bitcoin. The price of altcoin fluctuates more thus increases the risk of losing money (or creates a way to make some quick profit, if you know what you are doing) when the price drops. Moreover the altcoin market is more saturated, new coins become a competition for older coins thus the older coins starts to die.

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[longyenthanh]

I think hodling altcoins are not dangerous. You can avoid it, the only thing which you must do is systematic watching your altcoin and sell it in suitable time

[Minecache]

Investing in crypto is both dangerous and profitable. We do not have to invest all our money in crypto. But only in crypto you can get a very big profit. Each of us must understand whether he is ready to take risks for high profits.

[rezurect]

Depends what your definition of dangerous is.
When you are holding the wrong ones it can cost you a lot of money.

[ajoy]

I don't think so, that hodling altcoin will be dangerous, depending on the project built, that can improve the prices if that altcoin building the great project

[rey.fudz15]

it depends for me, if you are holding coins which doesn't have a good amount of marketcap and trading volume i think yes that's a risky investment and holding such coins can lead you to loss unless you earn it through bounty program.

[Mahanton]

it depends for me, if you are holding coins which doesn't have a good amount of marketcap and trading volume i think yes that's a risky investment and holding such coins can lead you to loss unless you earn it through bounty program.

If you are earning tokens thru bounty programs then you wont really lose any money but somehow you do just waste up your effort or the chance on making money if you do still hold up your coins for long term.This is why it does still need wise decisions on when to go out and secure profits since not all the times price do pump out because after that there would be always a hard dump.

[normanderecho]

it depends for me, if you are holding coins which doesn't have a good amount of marketcap and trading volume i think yes that's a risky investment and holding such coins can lead you to loss unless you earn it through bounty program.

If you are earning tokens thru bounty programs then you wont really lose any money but somehow you do just waste up your effort or the chance on making money if you do still hold up your coins for long term.This is why it does still need wise decisions on when to go out and secure profits since not all the times price do pump out because after that there would be always a hard dump.

I think alts holding is not dangerous because many investors holding it in longtermway and become a rich persons.for me it depends of your strategy if how you do a techneque so that you can get a great profit.alts is not a dangerous for me because of people and trusted to hold and sell.

[Tanhdoit]

Alts are dangerous in general for investing. Look at how many coins/project that has literally failed. I read somewhere that 90% of new ICO have failed since 2017. If you believe in the project and willing to hold it long term then anything is possible.

[IntelligentIdiot]

If you are well informed to the alt coins you've invested then there is really nothing to worry about. Right? I mean come on guys, why ask such a question I find well too bizarre for the lack of words. If you don't know what you are engaging with then avoid cryptos as a whole.

[happyroloa]

I do not think it will be dangerous. there are very nice projects

[abaidudez]

Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)

Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox  

I cant really tell when is the right time or right year for altcoins to rise. The movement of the price of bitcoin and altcoins depend only on the demand of people around the network. The price will change in a matter of days or weeks or even months. So it's just a matter of guessing but like bitcoin there will be time that it will rise more and will stay to that price so need to choose what alt to invest but don't base on time base on what it's project will be if people will like it. So I can tell it is never dangerous to hold but risky if you invested a lot and you chosen the wrong altcoin you invested. But don't lost hope maybe there will be time that it will rise up again.

[Cryptodaddy05]

There’s nothing inherently wrong with hodling altcoins like you would bitcoin, but it would be foolish to just put altcoins ir Bitcoins in the bottom drawer and come back years later expecting to find they are all worth a fortune - for the reasons you mentioned that coins can fall out of favour and die for many reasons, including hard forks/developers abandoning the coin/coins with improved and better technology coming along etc.

Assuming you’re going to stay invested through the market bull runs and crashes each year, I believe your portfolio should be managed with sensible trading to ride the various waves of bitcoin and then larger altcoins and then smaller altcoins up in the bull phase with profits being taken from each wave into your core holdings of bitcoin +/- the best altcoins for the crash that will always follow. You should try to be ahead 2-3x with your capital after each bull-run and crash. Many investors have just bitcoin as the ‘core’ holding in that statergy, but I’m happy to have what I think are the best and most promising altcoins as well as BTC - such as NEO and ZIL.

[kere hore]

dangerous if you always freak out when the price of coins down. actually, if altcoin holds the longer thus very promising because of course the result will be getting up and getting higher than the initial price you hold come.

[andrino]

Somehow it is. Most frequently the alts that was not well develop by dev to last for a long time in cryptocurrency. Alts that defeated is the dangerous to hold because it have no value at all or simply it is useless anymore. No change to recover. But not all alts have the same Destiny in crypto land.

[mware]

holding alts can be dangerous, this can be profitable or loss. look for a coins that has good potential in the future to holding rather than choosing a coins without potential. this can reduce the risk of loss

[jayes]

I dont see anything dangerous by holding altcoins. I think dangerous is who are holding altcoins especially if the market price too dip. 

[onetwostep]

People have to say hold. No matter how dangerous it was, it was already very harmful and so nobody sells their hand. If there is no danger or risk, the gain is also small.
So we are investing altcoin despite the danger

[Johnny134]

It's a high risk high reward situation ... You might lose all your $ (you should be aware as to not invest more than you can afford to lose), but you could strike gold with a few alts. Best of luck !

[apur688]

I think holding altcoin is not too dangerous as long as you are not careless in investing. Make sure that you invest in altcoins that have great prospects and potential for success. Keep an eye on market conditions and altcoin and dollar inflation. Follow some of the best channels in investment and trading affairs so you do not miss important information. So you can hold altcoin according to your destination within a certain period. The benefits you will get will be in accordance with what you expect. thank you