Is hodling alts dangerous?

[okala]

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 

It is quite dangerous for one to hold some alts but not all the altcoins are dabgerous as some of them with high market capitalization has done very well and investing in them now is like buying the future. Most of them have a bright future and I believe there are not going to die like those coins thar you have referred to in 2013.

[Bedak Johnsons]

certainly not, if you hold altcoin with the patient and within a long-term then the benefit will be big and certainly not dangerous because your money will be safe.

[phr0stbyt3]

Mad there is a big difference between altcoin and ico , altcoins are all the existing coins while ico are introducing new coins with no purpose , main reason for ico is to raise that huge enormous funds like how kodak is doing to save their stupid business and like all other ico.
I made more profit from holding altcoins than making bitcoin if you have some sense its possible for you also

[judeafante]

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 

There are some exceptions to this, some Ico turns out to be a good investment, the recent one is Electroneum but the potential is not yet achieved, and there are coins in that year that is still up like Dogecoin and litecoin, the best criteria is still are the people behind that project and the kind of platform they are going to implement.

[Omtamvan]

dangerous if you include people who panic in hold for too long and getting a panic if the coin failed to rise. hold the coin is perfectly safe and natural, safe because the risk of loss is getting smaller.

[sabakamedvet]

Of course, but then again ETH was a altcoin (is maybe the corect term?) before. Crypto in general should be treated carefully. I took my gambling budget and put it into crypto, still not in with the house...

[mace15]

dangerous if you include people who panic in hold for too long and getting a panic if the coin failed to rise. hold the coin is perfectly safe and natural, safe because the risk of loss is getting smaller.

Holding alts may dangerous if no development at all of a certain coins. It can be dangerous when you are into panic selling too emotions will indeed bring a failed holding alts. The best is we should hold those worth and big projects altcoins.

[Doovla]

There is no room for panic here. It's all normal in crypto world - ups and downs. Specially in this kind of period - repeating same as 4 years behind ous.(you can check graphics if you are curious)
So , if project is bulding good reputation with sponsors back up and community growth , just hold tight!

[BeGoods]

Anything in these markets can be dangerous given the volatile nature of them. The better question you should be asking is: what coins have actual use cases? Those are the ones that will survive past a couple years

Thats true I think it will depend on the altcoin you choose. if you choose a potent altcoin like Ethereum of course the risk will be smaller. but the risk will still exist because the entire crypto has fluctuations. dangerous or indefinite will depend on your knowledge and skill in choosing altcoin. altcoin is dangerous to hold because many altcoins are alive in just a short time. look for altcoins that have good long-term plans and trustworthy.

[squidiot438]

You can hold some alts with a small portion of your capital, but it is definitely not safe to place the majority of your holdings in them especially for small caps.

[nndep3m]

It of course depends on the alt. You need to research it to verify whether it's legitimate or a scam. If it's legitimate and has a decent roadmap with goals that will monetize the token you're holding then hodling it isn't dangerous.

[DeepChipolino]

Of course, there is a risk. Even if you carefully select your coins.
To reduce the risk, you can monitor your positions and sell the some part on a big rise (pump). So guaranteed to take at 0 or even in plus, and positions.

[Backtothefuture]

The danger as I see it is, overspending, throwing money at things you haven't got.. without doing your research.  Everything has a risk, it's just justifying the risk you're taking will be worth it.  Only you know the answer to that...

[Hamstead]

You can hold some alts with a small portion of your capital, but it is definitely not safe to place the majority of your holdings in them especially for small caps.

Not totally dangerous nor it high risk of we just hold our coins,  it matters only how we keep them in a wallet. It actually talking about how secure is our wallet where we put and hold our coins,  and also it matters how used it in exchanger sites. Mostly we've been hack due to our own mishandling and carelessness of our account.

[Xxxurrrad]

It depends on what kind alts. Some of them look very stable and promising. It is dangerous to buy very little-known alts, but even they can give a good profit.

[sendohmarin]

yes your opinion is correct. in my opinion the technology must always evolve, and certainly there are advantages of the old technology. I think for the price it is not stable, and that too not only 1 altcoin, but the whole altcoin. in my opinion, as long as the coins you get are free, and bonus. it will not matter if you save it. as long as the coin is still valid, you still get the money

[illete]

Market crash happens,It doesn't mean it is dangerous at that moment  you just hold for long term and when market go up the cash out,or re invest in others coin.

It is good investment should diversify which will minimize the losses.

[Neo.op]

projects that do not work will absolutely die so we have to find quality projects like waves,neo,etp,eth quality projects always make money

[xenomorphe1]

It is dangerous if you really bought them with real money. Else, the risk is that the coin is dead and can't be traded anywhere.
It can also give you more profits if the value of the alt has increased.

[nopedope89]

It sure is dangerous. But the high profits are led by small investors like ours.