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Author Topic: Is hodling alts dangerous?  (Read 4446 times)
Notrem
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June 08, 2018, 07:16:58 AM
 #801

Why it would be dangerous? came on guys, we all know that holding alts has always been profitable and there is nothign that can change that, we all know that it is one of the most profitable thing to do after all

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June 08, 2018, 07:45:36 AM
 #802

Always trust in your instinct and check the trends.If you scared to hold altcoins go to bitcoin, for me holding altcoins are profitable I'm not scared about the fud news, I wisely choosing coins for my long term hold I choose from the top 15 altcoins because I really believe the top 15  coins are in strong stabilities in the marketcap.
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June 08, 2018, 08:06:55 AM
 #803

I think you can get so much more profit from altcoins so to me the risk is worth it, yea alot of them may stay stagnant or lose value but I think if you diversify enough you will make a killing eventually and then you can secure your profits whether it be in BTC/USD/Metals/or Land. Smiley

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June 08, 2018, 08:20:56 AM
 #804

Good point to look at Coinmarket cap lists from 1 year ago, and from 2 years ago, and 3 years ago. Guess how many have fallen out of the Top 50 or Top 100. Of course holding alts is dangerous. Crypto is risky. Bitcoin is risky. But risk is everywhere, you can hold your national currency and it is a huge risk. US dollar is a risk. Just ask those countries whose currency died thanks to hyperinflation. They lost everything.

Diversify, even if you believe in only a few coins, just diversify. That's the name of the game.

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June 08, 2018, 08:32:04 AM
 #805

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

It would be dangerous if you just rely on one altcoin while the market goes down. However, if you diversify by just buying more than one altcoin, I don’t think it would be considered dangerous. You know why? If others go down in value, at least others are going up. Diversification is necessary. Try to put in your mind that it’s never recommended to put all of your eggs in a single basket.

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Periodik
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June 08, 2018, 08:38:32 AM
 #806

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

It is not paradox. It is simply a case of competition. The better and more quality products and projects will always rise and win over those projects that are not at all rising to the competition. This is a healthy environment. It will effectively remove mere shitcoins and pump and dump coins that are not at all interested to pursue product development and seal new partnerships.
Cryptostocks
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June 08, 2018, 09:26:52 AM
 #807

It is not dangerous, but it is not being as profitable as it was a few months/years ago in where you used to make a x2 every two months or so, now it is more than difficult because of the market conditions
atomicgroup
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June 08, 2018, 09:39:44 AM
 #808

Holding altcoin doesn't look dangerous to me if the coin you hold are potential one and are stable with good promising potentials but if the coin is not a potential one, it might be dangerous to hold as the coin may take time to grow in the market and some may crash at the end.
Soroskatona
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June 08, 2018, 09:42:23 AM
 #809

Sort of, as they are like dark horses. You don't really know what an update will bring, which direction will they go for, etc.
You can gain massively when the market is going upwards, and lose out a lot when going downwards. Alts tend to be more volatile than BTC.
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June 08, 2018, 12:22:37 PM
 #810

Whatever you are holding right now involves risk whatever it is even if you flip the world and vice versa. The thing is if you really want a bigshot all you need is to hodl and wait until your greed is satisfied. This is a game who's the bravest and toughest only survives. Those who play safe may earn some but not the big ones.

 
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June 08, 2018, 12:49:22 PM
 #811

Holding altcoins or any coins for that matter is dangerous of you don't hold them in a hardware wallet. Hahah .
Jokes aside if you do enough research and believe in the project then there is no need to worry.

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June 08, 2018, 02:19:57 PM
 #812

It is definitely risky with the high volatility in the crypto market.
As all ventures, there are lossess and gains.
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June 08, 2018, 02:36:47 PM
 #813

No, why it would be dangerous? it is a very safe thing to do, only that you need to hold good coins that you know that they are not gonna get dumped by a lot and you are gonna lose everything.

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June 08, 2018, 02:49:53 PM
 #814

I think so. It is very risky to store altcoins, they can both give a big profit and can also fall the same way, while there is no confidence in the success of the altcoins and in the end you can lose everything.
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June 08, 2018, 02:52:33 PM
 #815

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

perhaps yes it has a risk, but it's not dangerous if you holding a good coin. so will be better if you doing a research about the coin itself before you invest, like see his project, platform, and their mission.
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June 08, 2018, 04:26:46 PM
 #816

Unfortunately, that's how the crypto market work, the weakness coins die, only the strongest with good objectives can survive and win good price. But holding altcoins is the safeiest option in crypto, the only thing which you must do is find good coin will win
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June 08, 2018, 04:47:58 PM
 #817

Holding altcoin doesn't look dangerous to me if the coin you hold are potential one and are stable with good promising potentials but if the coin is not a potential one, it might be dangerous to hold as the coin may take time to grow in the market and some may crash at the end.
For me there is always some risk when you are investing in crypto, cause coins which you could be in 90% sure that they will pump could just surpise suddenly, so there is always some danger.
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June 08, 2018, 05:06:20 PM
 #818

It is always risky to hold the altcoin for long term because if you choose right coin it will give you good returns in long term but if you choose scam coin it is not good to hold them for long term. Everything depends on the coin we choose but we have to decide before investing.
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June 08, 2018, 05:13:59 PM
 #819

It depends on the altcoin you are holding. I dont see any problem on holding a trustworthy altcoin. Reliable coin creators develops a reliable altcoin, we should be careful in choosing.
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June 08, 2018, 05:24:32 PM
 #820

it was dangerous in mid of january but not anymore. all coins / tokens are already down , lose a lot value so i dont think will go down anymore. now we all are waiting for big bull run. so hold until next pump.
btc will reach 11k and than big pump will start.

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