Is hodling alts dangerous?

[jenktosar]

I think not dangerous, but that depend what altcoin you will hold. Because there a lot altcoins can be choose, but not all it has good future. You must analyze it at the market and you must have good speculation of it. So the conclusion, no danger but to be patient and wisely.

[Riga]

Yes, it's very dangerous. Crypto currency is a very risky operation. If you are confident in your abilities and are not afraid to lose your capital, then you can invest in an alternative coin.

[CoachApril]

Most of the coins from 3-4 years ago are nearly gone. That is the nature of cryptocurrency, coins cannot live without investors, supporters in short their community. People move to better coins to gain more income, so the old ones disappear.

That's most of the small altcoins that never really contributed anything in the first place, most of the tokens and coins from 2014/2015 that actually contributed something, or at the very least had some kind of significant backing, are still alive and kicking. A lot of the newer tokens are stronger than some of those other cryptos ever were, and I have a feeling they'll be sticking around for a while. I also have to say that i am getting paid to promote Fanchain, but I do believe it is a unique and viable concept that'll last for a long time simply because of the effect it can have on one of the biggest markets in America: sports.

Thanks for the support, Yakamoto. FanChain has very large ambitions... but importantly, we have the team, connections and expertise to make meaningful progress. Like you said: We believe that the cross-over between sports and cryptocurrency is unique: it's mainstream, global, and ripe for disruption (in fact, sports media is in the middle of a complete overhaul in many ways already -- with viewing trends shifting to social and OTT).

[Isaackim]

It depends with the company/project. If they have a product out and a product has a good future depending on market niche and team, then it is worth holding its coin.

[^BuTcH^]

I don't really think it is that dangerous, but you have to sort out projects and pay attention to token analysis.
That's why I don't invest in shitcoins , but prefer stable projects with low cap and MVP.

[bhobafett]

Altcoins for long term holding is ok as long as you can monitor their prices all the time specially if you're full time in crypto. Its good to have a lot of altcoins in your portfolio but you also need to check every coin's prices to know which one will be needed to sell to to hold. During corrections or down trend, prices are very disappointing because all of them are starting to fall down. Sell them if you need to avoid bigger money loss .

[yndye]

It depends with the company/project. If they have a product out and a product has a good future depending on market niche and team, then it is worth holding its coin.

It would depend on the altcoin and what is the altcoin's role in the project. If it is a valuable project and it has a potential to be use by many people in the future then it would be just alright to hold it for long as long as you continuously monitor the project and check if the team is still following the roadmap and active in the community. It gives you a peace of mind if the team is serious with the project because they will always update the investors and its community of what's going on. Partnerships to other blockhain companies is also a good way of assessing if the altcoin is good or not.

[Boldmaxx]

 Some altocoin have good prospects and it's good to hold such coin. But mostly, I will rather invest in ethereum and few other coin. Can't take the risk with the current market condition.

[Reza1893]

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 

All investment is have a risk, but we can reduce the risk with our research and reading the strategy. Better to invest the money at platform or coin that has the strong community and project.

[clarkgeneral86]

I don't really think it is that dangerous, but you have to sort out projects and pay attention to token analysis.
That's why I don't invest in shitcoins , but prefer stable projects with low cap and MVP.

Although you analyze very carefully there are still mistakes in the current market. Many people have chosen projects that are promising, but in the end, the price is only 1/3 or 1/4 of the price when purchased.

[bhoybitcoin]

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 

Maybe your talking about the bullish period during the last month of 2017 and the first quarter of this year. All coins are really bullish during that all time high. Holding altcoins are not dangerous but very risky specially those holding many altcoins. You need to look at their prices most of the time to avoid loosing profit. You also need to act fast during the bearish so that you will not loss some amount. You need to be pessimistic sometimes so that you will not loss bigger amount.

[Lostan]

Holding altcoins and other crypto assets is not dangerous (if you choose the right ones).
You lose only when you sell alts.

[Gheka]

It depends with the company/project. If they have a product out and a product has a good future depending on market niche and team, then it is worth holding its coin.

It would depend on the altcoin and what is the altcoin's role in the project. If it is a valuable project and it has a potential to be use by many people in the future then it would be just alright to hold it for long as long as you continuously monitor the project and check if the team is still following the roadmap and active in the community. It gives you a peace of mind if the team is serious with the project because they will always update the investors and its community of what's going on. Partnerships to other blockhain companies is also a good way of assessing if the altcoin is good or not.

Accuracy, team and task, contribution of the project to the community crypto, it will help us know that we have the danger in holding or not, however, we can not be too subjective and too dependent on these factors. Because this is a battlefield among investors, millionaires, even billionaires, the influence of these people can cause the market to collapse, if they want to destroy a project, good or potential projects can not be against them, therefore, holding altcoin is always a danger to a certain extent, we will need to have a reasonable purchase and sale plan, can not believe blindly and only know the hold in the long run

[Ghypatt]

I think it it depends on which coin you are hodling. Most altcoins have gain grounds and are set to hit the moon once the market turns green. However, there are many of them out there that are set to die off because probably the project lacks solid grounds.

[dadabosade67]

There is nothing wrong if you hold alts dude! Alts are the future. Maybe BTC is down so the new kings can take over the market. The problem is choosing the right one!

[teamsah5416]

It all depends on the market state and the way you keep your crypto as well. If the market goes down then holding alternative coins will lead you to big losses. But if the market goes up, holding such coins can increase your capital several times.

[oseikuf44]

I don't think so, apart from bitcoins, all other coins are altcoins. There are many altcoins that have become profitable than even the rate of bitcoin price appreciation. Holding altcoins is for diversification sake, which is a good investment decision.

[granchio]

In my opinion, holding altcoins is can be so profitable or it can give big losses. In my way of thinking, you can rise your chance to make good profits by doing research about the coins and also by following the news and comments about it.

[B.A.S.]

It's true that it's dangerous. But if you want to play big, the winner is much more. I chose altcoin .

[Teamsah165454]

i dont think that hodl altcoin is dangerous. it depends on the potential of the token that you holding. if you think that your token has a very good potential in the near future. its better to hodl it. hodl by your own risk. but for me it depends in the holder of the token.