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Author Topic: Is hodling alts dangerous?  (Read 4430 times)
Aion2n
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June 13, 2018, 05:43:50 PM
 #881

It depends on what altcoins to keep in your wallet. There are many coins not worthy of attention. After latest events they will fall heavily in price, or disappear. But there are many good alcoins that will recover in value. Therefore, there can be no unequivocal answer to your question.
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June 13, 2018, 06:30:36 PM
 #882

It varies from coin to coin so cannot lump them all together. Some good ICOs are up nicely in this correction while most top coins are down.
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June 13, 2018, 11:31:06 PM
 #883

It depends on what altcoins to keep in your wallet. There are many coins not worthy of attention. After latest events they will fall heavily in price, or disappear. But there are many good alcoins that will recover in value. Therefore, there can be no unequivocal answer to your question.
Yes and besides that, the idea of crypto evaluation is also important to be explained a bit. Before making investment in altcoin, you should have the ability to differentiate between those risky and those giving good return. Also if you are trading for short term, you will be better off altcoin and holding them for some time might even maximize your profit more. Besides you can trade with ETH and Bitcoin as well and they give good return in long term trading.

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June 13, 2018, 11:48:55 PM
 #884

For me,  holding is not dangerous as long as you are holding a trusted and good coin like ETH and BCH for instance. Those coins are very worth it and for keeps.
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June 14, 2018, 03:34:12 AM
 #885

Not sure what you exactly mean.

Invest in projects with a solid roadmap, excellent team and a community and you will be fine.

If you throw money are pump and dump copycat shit coins you will loose in the long term


In fact you should just make sure that you'll invested on some existing project that proves that your money wouldn't be wasted. Some alts are just focusing on giving up value with their coin and don't even care about their project to continue in short it was all just imaginary that's why don't be surprised why those alts are all dead now.
I think otherwise. to hold would be great for the future for Altcoin itself because the level of security that is on Altcoin will increase with the running of the hold. therefore I strongly advise holding the Altcoin that you have for its security and its development to further increase.

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June 14, 2018, 03:58:52 AM
 #886

If you hold not potential coin for sure your money is danger because they have big chance the price to decrease or to dump and if that happen your money will be gone so you need to choose good altcoin for your safety.

 
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June 14, 2018, 05:10:47 AM
 #887

More than six months ago, it was very profitable. And now on the contrary - profitable to trade altcoins. I hope that the situation will change soon after the market correction.
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June 14, 2018, 05:58:49 AM
 #888

depending on the coin you hold, if the coin has good potential then holding is one of the best ways of trading. but if it is just shitcoin then holding will be the starting point of your loss.
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June 14, 2018, 06:15:08 AM
 #889

If you hold not potential coin for sure your money is danger because they have big chance the price to decrease or to dump and if that happen your money will be gone so you need to choose good altcoin for your safety.
To keep alcoin for a long time and certainly be profitable, the first thing you have to choose is the potential altcoin and project useful for the future economy, if you choose the right project and hold the longer the altcoin of You will increase the price.
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June 14, 2018, 06:28:37 AM
 #890

Don't get panic due to current price fluctuation. Crypto currency market is always volatile and anything can happen at any time. For sure all the altcoins price would be recovered soon and you need to just wait for the price to rise and hold your coins until then. The skill you need to have here is patience and if you have lost of that you can succeed.
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June 14, 2018, 06:29:24 AM
 #891

totally, one can get rekt if he bought a top
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June 15, 2018, 01:04:40 PM
 #892

all investments do have risks as well as withholding some altcoins, holding altcoins at enormous risk. but if you are smart in trading then the risk will be a huge advantage
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June 15, 2018, 02:02:41 PM
 #893

It als involves risk because there are possibilities that you will lose your money even you hold it for a year it will really depend on the team if they have a workin product there is a high chance of pump

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June 15, 2018, 02:13:35 PM
 #894

I have a lot of altcoins that i've been holding on for a long period of time. If you trust the developer and seeing a lot of development then it's not dangerous to invest their project.
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June 16, 2018, 08:09:00 AM
 #895

The whole market and all the technology is simply permeated with risk and dangers. But  every one of us investing in the alts stops before this, of course no. It is even good that there are problems they contribute to changing the strategy or come up with new alternative solutions. So there are no dangers in this.

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June 16, 2018, 09:11:05 AM
 #896

The whole market and all the technology is simply permeated with risk and dangers. But  every one of us investing in the alts stops before this, of course no. It is even good that there are problems they contribute to changing the strategy or come up with new alternative solutions. So there are no dangers in this.
for me it is harmless. if the coin you hold does have a very good quality, I think it will be a good investment in the future. that way you do not have to doubt what you're holding right now. well, now the price of crypto is red, but when bitcoin prices rise, I'm sure the price of our assets will also increase.
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June 16, 2018, 11:13:56 AM
 #897

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  Huh

 There is a lot of truth in what you said. I think the only cryptocoin that’s proven itself medium-term is bitcoin, and that with its large team of top developers and good ‘brand awareness’ I believe it will hold its value in the crypto market long term as a crypto currency and store of wealth. A sensible crypto portfolio should therefore be at least half bitcoin, and for some investors it’s all bitcoin. But most crypto investors want to diversify risk, and have half their portfolio in altcoins and they therefore run into the dilemma you raised. Current blockchain technology is fairly primitive compared to the centralised technology that runs the world, and most of the current blockchain projects and dApps built to run on them while they may give good short or medium term gains will probably not be the long term big gainers in crypto as more advanced blockchains and protocols and dApps are released in the future that can take on the current centralised big companies.

I therefore have half my portfolio in bitcoin, and half in altcoins that I’m very selective about choosing - looking for mainly quality cryptocureencies and later gen blockchain and protocol projects that have good user cases and teams. I am mindful that big profits from an altcoin in the portfolio like I have with one at present doesn’t mean it will be a big winner in 10 years, and I take profits into bitcoin keeping the portfolio balanced. And I’m ready to move funds into better altcoin projects as they get developed and released the next ten years, forming the basis of Blockchain Technology that I believe will win out over a lot of the current big centralised companies in business and the internet etc. And I’m very glad to be one of the very earliest 0.1% of users and investors in bitcoin and blockchain tech, and to always be learning more and more about this exciting area and gaining invaluable experience from my investing and research. I’m sure that all of us investing in this area now will make a lot of money the next 10-15 years with sensible flexible investment in bitcoin and the blockchain tech current and to come! Good luck with your investing despite that dilemma you’ve identified!

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June 16, 2018, 11:21:07 AM
 #898

Bottoms are always more risky, according to ETH and BTC. But it is high in proportion to its earnings.

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June 16, 2018, 11:33:08 AM
 #899

90% of current coin will be dead until 2020 only best will survive, because everyday we have like 10-50 new coin

Not all situation that holding altcoins are dangerous because it depends upon the value of every coin/token you have. And also depending if it is scam or not then beware of hackers.
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June 16, 2018, 11:41:39 AM
 #900

It depends on you, because if you buy at high and sell when market goes down any strategy for you will be dangerous. Of course it's not dangereous if you're holding coins with good project and solid team. Checking everytime any altcoins and sell coin that can't make something good. I sell sometimes my altcoins when I see that porject don't have any progress or when team don't know what to do. So no in general it's not dangerous if you're controling situation.
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