Is hodling alts dangerous?

[shendy]

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 

If you can choose an Altcoin that has good prospects and promises for the present and the future, I do not think that would be a danger. You will be a danger if you invest in Altcoin which is not the good development and also the price. So you must be careful in choosing the Altcoin you want to invest, let alone invested in the long term. You have to choose a really good coin and the price can be very high.

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[spyderbilt]

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 

If you can choose an Altcoin that has good prospects and promises for the present and the future, I do not think that would be a danger. You will be a danger if you invest in Altcoin which is not the good development and also the price. So you must be careful in choosing the Altcoin you want to invest, let alone invested in the long term. You have to choose a really good coin and the price can be very high.

If the altcoin is now stored potentially good when dihold in the long run it is not a problem may be an opportunity to increase in terms of prices will occur, otherwise it may get a high profit. so hold coins I think will not be as dangerous as long as the coins are potentially.

[BagzMM]

I agree that holding alts are dangerous same as holding bitcoin , there was just lot of risk when investing on alts compare to bitcoin since most of the alts can be easily manipulated , there was lot of return on alts and lot of risk also , so if you have a big risk appetite you could invest on alts and you may gain a lot of returns in the near future.

Yes, you have a point in there. Holding alts is also dangerous it is because it is part of a crytocurrency market.We all know the volatility of the thread so we must be more cautious of what is happening in crypto market.

[Konstantin19]

I do not think that the altcoins will fail today! I calculate for the growth of this currency this year as well.

[SimasB]

I think diversification in the key. Just like any other investment.

[lananh2024]

Altcoins rõ ràng là có rủi ro cao về đầu tư lợi nhuận cao, có nếu bạn không nghiên cứu thích hợp - điều đó rất nguy hiểm.

[mrphilippine]

based on my opinion holding of Altcoins are not really dangerous unless you haven't review the composition of the team, the white paper, their road maps, their goals after launching their ICO. On this industry you must have patience to review all the related contents so that you can anticipate or predict your holdings and investment to increase in the future. Best of Luck finding good profitable Altcoins

[onebtcforlife]

It completely depends on the way we treat them because if you wait patiently we can able to see the potential about them. Holding long time will also kill us we have to move according the market situations.

[Farma]

It completely depends on the way we treat them because if you wait patiently we can able to see the potential about them. Holding long time will also kill us we have to move according the market situations.

well, it depends on the circumstances, and the kind of coin you are in. of course in the business world, everything is risky, but with that risk you will learn a lot. well, so far, I have also arrested some altcoin, and my decision is certain, I will hold it until the price is high, and as per my estimation.

[mumpungiso]

Depending on the dangerous definition. If it's just a hold and we know the coin is good, I think it does not matter.
Of course some altcoins will be dangerous, but if you do your own research and really believe in the project and team than hold.

[mwaqar17]

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 have a mixed opinion about this matter because there were some altcoins in my experience which did very well in market but most of the alt coins vanished from the market or their value is getting low day by day. I use to sell when there is only a little profit above the ico price.

[coinluisa]

Holding of altcoin is not dangerous if it's value gone it will stay to our wallet forever. It will bring a mess in our wallet but we no choice because no one can predict if a coin will be gone or it will be successful. So we need to be smart to choose the coin have potential and it will last the value.

[stronghands4lyfe]

Holding alts can be dangerous if you do it for longer than a cycle in crypto. The reason is because there is no guarantee you will ever get back to that point in either USD or BTC. The danger therefore lies in becoming a bag holder and if you don't take precautions to mitigate this risk then you won't be around long.

[mamesso]

It is dangerous if you do not have the belief that the coin will potentially rise.
preferably hold a reliable coin such as xrp, ltc and eth. It is better

[MiningSensei]

please tell me why it would be something dangerous to do? it is normal, and i think that everyone in here is holding some altcoins, and there is nothing wrong with that.
I really enjoy to have some alts, and i am making profit out of them

[pocketfullofpoke]

Holding alternate cryptocurrencies is not dangerous at all as long as these alternate coins are highly potential to rise back whenever it falls down and grow even more in the future. In fact, it is very good to have multiple cryptocurrencies in your wallet than only having a few.

[Katashi]

this questions applies to any cryptocurrency you are holding because of one factor, and that is volatility. I believe no alts is exempted when the news/fud hits the market, look at those charts and news for the past few months. Can you say that only BTC is endangred or the alts itself when the market started collapsing. I believe alts and btc has a relative connection to balance each others chart and value.

[kenzio2016]

i cant say it was dangerous, but its better if we dont hodl on alts. especially alts with small value

[teosanru]

You cannot generalise alts and it would be better if you can be more specific. If you're talking about alts like etherum litecoin neo etc, then no, there's no risk in holding them for long term. Anytning that is listed on reputable exchanges like binance, bittrex etc will always give you good returns no matter what. On the other hand if you're holding some shit coin which is only listed on one exchange, then you should be cautious to hold them for long term.

[spencer13]

not so long, hold for a year or 2 at most