Is hodling alts dangerous?

[abuzubu]

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 

[ASHLIUSZ]

I don't find holding of altcoins to be dangerous, because among the entire altcoins listed on coinmarketcap very few grew while bitcoin was declining in value. But now as the price of bitcoin has started to increase, most of the altcoins too started to increase. This confirms profit on holding of altcoins.

[7Seas]

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

[Mevz]

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.

[iwillhodl]

Altcoins are clearly high risk high profit investment, yes if you won't do proper research - it is dangerous. But when you are sure about your alt, made good research, you can't name it dangerous at all. Cryptocurrencies are future and no one will stop it.

[trumper]

Most of them will fail, it depends on which coins you hold. If you hold coins with no chance, then you are very likely to fail with them in the future. Good coins may die as well.

[anjuara29]

I think alts holding is not dangerous because altcoin holding is a good think when we can get profit. First of all you have understand that, altcoins are pumping and sometimes are dumping. When alts are dump that is the best time to buy coins and when they pump that is the best time to sell. So i don't think alts holding is dangerous.

[Tanhdoit]

You need to be careful with altcoins because some will fail and some will be succeed. I, honestly, think the best way to make money is altcoins. The big coins are safer bets, but ultimately it is up to you.

[bratko99]

Of course not.
It's just depends on what you hold. Of course some shitcoins will be dangerous, but if you do your own research and really believe in the project and team than HODL.

[fempat]

Holding is dangerous if you're holding shit coins. Try to diversify your portfolio and perform due diligence before you get them. I have many shit coins in my wallet now, they're really a mess and a pain in the neck.

[paulk11087]

it actually differs from this project to the project. the market is slowly improving, I think you should not sell your altcoins

[Bonsaiav]

Maybe they are saturated with old coins which don`t give them much hope, then they move on to new coins in hopes of getting a better profit from old coins.

That is human nature, they always leave the old stuff after getting new stuff, and that's something we need to do.

Dangerous or not, everything depends on the coins you buy.
Hodling alts are actually harmless if we choose an established coin.

[ohlawdy]

I find it not more risky then holding bitcoin .
But it is a very volatile space so when you compare it to regular investments it is pretty risky.

[FredStringbet]

Yes, it's dangerous, most of them will end up on zero eventually I expect, but you only need one to truly moon to make up for all the others.

Diversifying therefor is the key.
I think you can compare it with Venture Capitalists who invest in start-ups.
For them the real risk is not in investing in 1 or 2 extra companies that end up bankrupt.
Missing out on the next Google is the real risk for them.

[neolite]

It may be risky to keep them or  sell them. If their value rises, you will be sorry to have sold them.

[Iggor]

It's not realistic to expect from every coin to be successful, but with a good research you could find a decent number of good ones.
While holding them follow the market and those coins. If you notice something you have a time to react. It is your investment and you need to secure it.

[kafnan]

Actually its really tough to say, I think without holding, trading is the best option to get money, and I do this now,  I thought everyone agree with me

[qazgroup]

I personally think that the new coins have more potential and i move my investment in new and quality coins, this when happens on a massive level the money moves from old coins to new ones and old ones seem to loose spark and value.

[Moons Trader]

I agree, there is so much new projects with solid value in the background - thats the future of the cryptocurrency world.

[darth_cryptorider]

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