Is hodling alts dangerous?

[Orrechorre]

In my opinion, I do not think holding altcoins are really dangerous as they are some good altcoins that have the stability and potential t yield big profit as long as you have taken your time to review the composition of the team members, their white paper, their road map and their goals. Though there are some scam altcoin that can be dangerous when invested in as they will not yield profit but when time is take before investing in altcoin, they are always promising rewards.

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[catapult]

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 don't think when the new tokens added to market, current market coins will go down. In my opinion, if a coin prove that it is a reliable and promising con, I think it can grow independently of other tokens or coins.

[BillyTalent]

Well, not to say that it is very dangerous, but on this case there is certainly no doubt some fears, and they need to be reduced to a minimum, and I think not much tro and interfere.

[longyenthanh]

If you don't know when to cash out and how to react when your coin is going down it could be really dangerous for your invested money.

[BurakXel]

Depends on the quality of the project. If the project is reliable, then you need to HOLD , if not, just for luck. Hold recommend to everyone who does not know how to trade and does not have enough funds to invest in different projects.

[gracer88]

I don't think a long-term strategy is a good idea anymore.
 Profits need to be fixed periodically, otherwise you can endlessly look at the growing and then falling market and so on.

[MiningSensei]

Lmao, during the last year, i bought bitcoin at $1000, and then i sold at $3000, i stopped holding because i saw it as dangerous, but now i am more than convinced about bitcoin and how crypto works in here, you should not dump at any price

[zero9119]

If you invest in a market that is down, it is very risky but if you choose the long-term investment in this market then I think you should not be too worried because the potential development of this market is extremely large. Set specific goals for your head and follow the plan set out to stay active in this market.

[biksa]

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 

Whether a particular altcoin will remain popular depends on how powerful and relevant the technology behind it is. You should carefully choose which of altcoins to hold, be confident in their prospects and not be afraid of the release of ICO on the market.

[Allura74]

If you invest in a market that is down, it is very risky but if you choose the long-term investment in this market then I think you should not be too worried because the potential development of this market is extremely large. Set specific goals for your head and follow the plan set out to stay active in this market.

I think the severity of being danger is not high but still it involve some risk and that is normal in a crypto world because of being decentralized system, the market changes is unpredictable and therefore in holding altcoins it is advisable to monitor and track the movement of a particular coin that we are holding to minimized some risk.

[chocolaty]

I don't see any other danger it may pose to an individual than bankruptcy. Alts are not anonymous but you can hide under pseudonyms. You'll be safe unless you signed up for some KYC that required your personal information. There are risks in altcoins but its not really that dangerous. It depends on how you use your alts. If you think you've never been involve in any illegal activities such as money laundering then you are safe.

[jdgranfiel]

It depends on the altcoin you are holding. I dont see any problem on holding a trustworthy altcoin. Reliable coin creators develops a reliable altcoin, we should be careful in choosing.

[Re.won14]

Yes it is, because you never know when will the value fall. But if you are confident with the coin and this gain a lot of trust then nothing to worry because new coins will never over power them.

[Azael12]

I think holding alts is not that dangerous, you just need to know if that alt is safe to hold so you can benefit if its price go high.

[fia_naila]

Not only holding alt is dangerous holding crypto is dangerous especially if the money you invest is money you can not afford to lose. Holding alt have good return if you hold the right alt like ethereum and litecoin. Everything have its own risk and return ratio. And for long twrm hodler they have smaller risk.

[bhoybitcoin]

Its not dangerous but too risky. Holding altcoins has the good and bad effect at the same time. Bad because during the bearish season, all you can do is look at your portfolio while your investments are falling down. Good because once they reach the up trend, your holdings gain double or sometimes triple of the amount that you loss. You can be a millionaire in altcoins.

[trickyriky]

It all depends on the coin. Some coins are dangerous to hodl, because if the team does not work well, the price will fall. Therefore, it is always necessary to monitor the project.

Yes, it depends. However, if you make the analysis and choose very profitable altcoins, you should better hold them. I am talking about NEO, ETH, and Waves.

[furkantugra]

You must not hodl everytime, at the bear market all altcoins drops %50-60 so it is bad for hodling altcoins, but at the bullish market you must hodl altcoins also, I dont hodl btc at bull.

[pugi2]

Not only holding alt is dangerous holding crypto is dangerous especially if the money you invest is money you can not afford to lose. Holding alt have good return if you hold the right alt like ethereum and litecoin. Everything have its own risk and return ratio. And for long twrm hodler they have smaller risk.

Any coin has different way how to threat since it has different cap and popularity too.
For me if the coin like top 10 market cap the longer we hold might be more higher chance we have. As we know all investment is has its own risk so always choose something that compatible with ourselves.

[Aptekary]

You must not hodl everytime, at the bear market all altcoins drops %50-60 so it is bad for hodling altcoins, but at the bullish market you must hodl altcoins also, I dont hodl btc at bull.

and yet the risks are always there, although you should always use the bear market to buy cheap coins. To date, the prospect is rather vague, But every user expects only the best in the near future.