Is hodling alts dangerous?

[Musstang]

It is logical that many old coins die, it was, is and will be.
Someone develops, but someone just ends up supporting his coin. But there are a lot of those who are constantly developing that also pleases.

[NorihiroName]

I think that holding them now is safer than selling them now. If we compare selling the on the January point or holding - of course, it'd be better so sell them at that time, but now we just have to hodl.

[Eleven86]

How come this will turn to be a dangerous? To say the fact, it would be more beneficiary and help you to grow your funds, capitals, wealth and assets. Altcoins has made many millionaires. You have to look at this first before even thinking that this would turn as a dangerous stuff. Just need to wait and move forward as per the price of altcoins you have bought.

[myfranco]

Maybe dangerous if you are holding longer period for the Altcoin that is not legit and no viable project in long-run. So, If you have invested in the Altcoin without any paperwork to take the profit and exit. But, Altcoin that is a legit project and you have done your study then keep it longer period. Some of the good Altcoins are Litecoin, Dogecoin, BNT, CVCOIN, STQ, DIMCOIN etc.

These are good Altcoins? Man, are you sure you're making money in this market?

[Stavri]

holding, trading any cryptocurrencies in crypto market is dangerous. because first there is hacking risk. like you can try to be safe as much as possible of course using hardware wallets, safe computers etc but you can not reduce the risk to zero.

[seymenyunus1654]

Holding is not a game. If you don't know where will you sell it will not happy end. I think if you bought your coins at a good place. Holding is not
dangerous. Strategy is important. Decide your buying place and selling price then do it.

[JHED1221]

You need to be careful to altcoins because some of them are scam just invest in projects with solid team and plan for the future.

[tuliobrothers]

Yes,  there are some risk in investing with altcoins specially with ICO because some are just a Scam ICO but if you will invest in a very trusted coin like ethereum,  the risk is very low when you hold it for long.

[f0rzef]

Hold in any case is very risky, especially when you do not have insider information about the project and its real affairs and plans for the future.

[gracer88]

The long-term investment strategy is a good option, but only if you hodl  promising coin.
Also you need to fix the profit - I sell 50% when the coin grows 2-3 times.

[mornabo]

The long-term investment strategy is a good option, but only if you hodl  promising coin.
Also you need to fix the profit - I sell 50% when the coin grows 2-3 times.

I think the first condition to hold altcoin is that the coin promises to be hold. has great potential in the future. of course that potential can be seen from their project, technology that brought, and large users. make sure you hold the coins that have these specifications so the risk will be reduced and the possibility of profits will be even greater

[Getmon]

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 

This is a technological battle. It is not really a battle of which comes first and which comes earlier or later. The competition is about which offers a better solution to existing problems. And so it does not matter whether a coin came much earlier for as long as they constantly inject new innovation and updates to their product. This is very vital because crypto is moving fast. There are always new projects that offer something new all the time. If the ones that came first cannot cope with the current technological demands and competition, they will eventually fade. 

[jakezyrus]

Participating in different bounties and airdrops, I have come to the conclusion that holding altcoins for too long is not profitable because they tend to fall significantly in price over its value during the ICO period, so I prefer to sell my altcoins as soon as possible as soon as I get some good profit.

you need to be patient if ever their value had fall because there is always a posibility  that they can recover in the right time and yes it is normal for their value to drop after an ico or whenever the coin hits on an online exchange because people especially bounter hunters are selling their coins. but if you only invest on some non ico altcoins  , you cant expect this problems to happen. rather you may only experience a normal price fluctuations.

[dewynijhof]

i know holding altcoins at this time is quite a risky move, because we never know will the altcoins drop again, the market is still under the huge down trend and can not get out, so any fluctuation of altcoins at this time can be very dangerous, so we don't have much choice but keep holding and waiting for a little longer until the market has the chance to recover in the future.

[defc0de]

Depends on your definition of "dangerous". Holding anything as long term investment carries risk all the time, it's just a matter of picking the right project or coin to hold, and forget about it in the long run. That's why it's always best to do your own research before investing in anything, and also only invest money that you can afford to lose as well. One example I can give you is when I started investing in DeepOnion. I joined their airdrop program a few months back, and their rules included buying Onions to be part of the program, you will have a percentage base on how much you own. So I bought a few coins and after a few months, DeepOnion's value went up to almost 25USD from my 5USD buy price. If you check now though, it went back to 2USD. From there you can see that markets go up and down so be always ready to take or prepare yourself for losses. I am not selling though as I believe in the project, and besides I have weekly stakes from the airdrop. It's a pretty good privacy coin that runs on the TOR network and is currently being update to include their latest stealth address feature (DeepSend). DeepOnion's price in on fire sale right now, so I suggest to get some as well as who knows how high this coin can go.

[Apex Investments]

Understand that everything in the crypto space is highly speculative.  Find projects with real potential and a solid team and backing.  Remember, its the team that will have to implement their roadmap.  There's a lot of growth potential in this space but also the potential to lose your entire investment. The important thing is to limit the amount of risk in each investment (no more than 5-10% per investment) to limit your exposure and the chance you lose all your chips

[fiorilia]

It is not. hold the coin thus gives an advantage. In addition, to avoid losses by holding coins in the old one, it will also make a surprise because the price of coins continues to rise. Thus a dangerous is when trade coins daily since it is definitely a when experiencing a panic moment in a long time the coin has decreased, and it will make us automatically sell because of fear of loss gets bigger.

[Lazada]

It is not. hold the coin thus gives an advantage. In addition, to avoid losses by holding coins in the old one, it will also make a surprise because the price of coins continues to rise. Thus a dangerous is when trade coins daily since it is definitely a when experiencing a panic moment in a long time the coin has decreased, and it will make us automatically sell because of fear of loss gets bigger.

I strongly agree with you that the panic will make things worse. When we buy a coin we must be confident in our emotional control ability. Everyone who is patient and able to keep his composure then they will get a satisfactory result, believe me if you focus yourself then you will achieve what you want.

[tisumagic]

Holding alts is not dangerous,especially when it is listed to coinmarketcap,.If you want to hold an alts,check it first,its project,the community behind it. Many alts are popular,better to invest on it than to a newly coin which may dump sooner, invest on a coin which has an stable career on market.

any some altcoins is dangerous to hold them for the long time, check it on bittrex some altcoins is already delisted
and di remove at coinmarketcap too.

it is true holding altcoin should only for short term, let alone coin is a new coin, because later will risk will be erased from the market, because the price is not going up in a long time and no demand

[removebeforeflight]

Holding altcoins is dangerous some times for some coins but not for  all the alt coins. Few altcoins are performing well in the past and now. You have to choose which alt coin is the best and invest on it. Road map, white paper, company reputation and advisors behind the project with the nack up team need to be analyzed thoroughly to step in to ICO coin buying.

If you miss any of the above mentioned key things analyzing incorrectly then you may land up in a loss. Always be cautious when choosing ICO.