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Author Topic: Methods of growing your Altcoins?  (Read 3623 times)
Genemind
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October 14, 2019, 03:08:32 PM
 #341

It depends on the altcoins that I'm holding. Some altcoins are good for day trading and some are worth holding. If you're focusing on growing your altcoins, it's better if you'll trade it but you have to make sure that you have enough knowledge about day trading. Holding will only bring you a sure profit if your coin has a potential.
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October 14, 2019, 04:16:57 PM
 #342

IMO, there is only one 100% safe method of growing your altcoins. That is to do mining. If you want to be completely safe, then you can go for PoS mining. You may chose coins that have PoS algorithm, such as Reddcoin, Dash, Neblio, NEO, PIVX, QTUM and NAV Coin. Now I can guarantee that the number of coins will increase. But there is no guarantee that the value of these coins will increase. For example, the price of DASH has fallen from $160 to around $70 during the past 2-3 months. So even if you got a few coins from mining, the combined value could have gone down.

The other option is to go for PoW mining. Now this is not something that is recommended for small scale and solo miners. Cryptocurrencies such as BTC, BCH and ETH have become heavily biased towards the large scale miners. Only Bitcoin Gold, with its Equihash algorithm offers significant rewards for the small scale miners.


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October 14, 2019, 05:00:41 PM
 #343

I recommend buy and hodl,
Trading is also a good way to increase your coin and it value too, investing in ico is cool but one gets to do due diligence before investing in an ICO.

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October 14, 2019, 05:01:06 PM
 #344

I usually stay on Tether to avoid the decreased movements of altcoins. When there is increased movement, I move on to whichever altcoin appeals to me as a result of my analysis. If I want to make money by trading, that's what I do. In addition, I reserve some tokens for lending and some tokens for dividends. But if you don't know about trading you need to avoid to doin' this. The safest method is to use your altcoins for dividend rewards.
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October 14, 2019, 05:16:53 PM
 #345

The best way to increase the price of your altcoins is to sell them completely. I have already had many cases when I sold my coins and they after some time began to grow in price. It's my bad luck that's to blame. So now I sell my coins not in full but in parts.

Very funny. Your situation is not unique.
I’ll tell you a secret that most people are faced with a similar phenomenon, which is actually explained very simply - impatience. Wait a little longer, the outcome was completely different, you would also sell your coins, but you would have earned on it, but not lost.

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October 14, 2019, 06:45:59 PM
 #346

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

For now maybe all I will do is trade a small amount and hold how many coins I think have the opportunity to make a profit if we hold it for quite a long time. But, to invest I think I will not do it for now because of the many scam projects that make me hesitate to invest in ICO.
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October 15, 2019, 04:15:23 AM
 #347

in my opinion the best way to increase our altcoin is to trade. because the principle of trading is very easy, namely buying at low prices and selling at high prices. I did not choose the ICO investment method because now most ICOs are scams. it's better to do more profitable daily trading. but we also must be prepared when we suffer losses. make this a lesson. then later we will become more expert in crypto trade.

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October 15, 2019, 04:40:14 AM
 #348

in my opinion the best way to increase our altcoin is to trade. because the principle of trading is very easy, namely buying at low prices and selling at high prices. I did not choose the ICO investment method because now most ICOs are scams. it's better to do more profitable daily trading. but we also must be prepared when we suffer losses. make this a lesson. then later we will become more expert in crypto trade.

Wow. Expressing yourself treating trading is easy would be a lots of discussion, the principle of buying low and selling high is easy to be said than done, with volatile market it's very risky to execute every position that you'll going to take, you need to have long reserve of patience.

Though it's true that  trading is the best way to increase your hold assets, but is also have big risk to overcome. It's your strong determination to succeed that will lead you to find the right attitude to work with this industry.

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October 15, 2019, 04:46:23 AM
 #349

For me, I invest in POS coins/tokens and hodl. I'm not really good at day trading.
You ripped the words right out of my blubbery mouth, brother.  I've tried my hand at trading, but I find it far too stressful.  Since there's no good way to analyze altcoins and predict where any given one is going, it's gambling dressed up as guesswork.  I also suck at it.

The first thing I thought of when I read the op was POS coins, which the op failed to mention in his list.  For me that's the best passive way to accumulate some good altcoins.  Well, some of them aren't exactly 'good' but staking is still a reliable way to stack them up.  Navcoin, RDD, Neo, and Pivx are a few of my faves. 

I have never tried mining anything and I think it's likely too late in the game to even try, and that's the beauty of POS coins.  It's like mining for people who hate mining, which more or less describes me.

Also you can't discount signature campaigns if you like to post here.  I'm very happy yobit started the cryptotalk campaign, as my earnings go right to my yobit account and I can trade bitcoin for a few coins that I really like.
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October 15, 2019, 06:54:51 AM
 #350

Daily trading is the finest way of growing our altcoins and btc portfolio in day trading we get many opportunities to book profits where holding been a misconception that we make profits
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October 15, 2019, 07:32:48 AM
 #351

What I do is trade and hold. I trade tokens that are considered potentially giving daily profit. Whether it's a definite coin or a coin that is just hype. And I hold tokens or coins for the long term like bitcoin. I will sell it later after the 2020 halving event. This holding can be a savior if trading is losing. Hopefully the results will be satisfying later.



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October 15, 2019, 07:54:07 AM
 #352

Daily trading is the finest way of growing our altcoins and btc portfolio in day trading we get many opportunities to book profits where holding been a misconception that we make profits
Trading is one of the effective way to grow our altcoins but it takes time, effort and it depends on the movement of the market. Daily trading is not easy too, some of I know daily traders chose to become a long term holder rather than doing trades everyday because of the stress and headaches everytime their expectation didnt happen.

For now the best option for me is to hold and set a target price when to sell. Alts are not showing improvement and there's no signs of bull run so I think its best to wait until bull run occur.





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October 15, 2019, 08:37:55 AM
 #353

Investing requires your intellectual reasoning in crypto. You don't have to invest without having good strategy and plan. The only method I do follow, is to invest in growing altcoin> hodl it for some time> sell it when there's profit.

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plast555
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October 16, 2019, 07:32:57 PM
 #354

I choose dividend to spent my altcoins. I mean, invest in. The best way to gain passive income is to share dividends with platforms. More example I use Bethash for dividend for now. The ratios are pretty juice. And you can gain your dividend rewards in 24 hours by staking your tokens. It's an easy way to earn money when you're sleeping.

Of course, other platforms exist for dividends. But Bethash is the most profitable at this moment.
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October 18, 2019, 10:28:56 PM
 #355

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?


Best way for me to grow my altcoins is definitely through trading. I will get 10 times what am holding through trading. However,  a good trader can easily find way out of this.
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October 20, 2019, 11:54:20 AM
 #356

All of those are great methods. Try all of them to find out which one is better for you. Some people are good in trading, some people are better in promoting. You will never find this out, until you try them all.
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October 20, 2019, 11:59:04 AM
 #357

IMO the best way to increase the amount of altcoin we have is to trade, it's just that I don't really recommend this to people who are just trading. on the other hand, I increase the assets that I have by holding back while waiting for an opportunity. other ways you can also do with investment, but I don't recommend investing in ICO but if you see that the project has a good concept, that might be a consideration.
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October 20, 2019, 12:01:14 PM
 #358

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?


Trading is a good option to enlarge our portfolio on altcoin. Right now many altcoin prices are falling against bitcoin and I think this is the right time to buy altcoin which is in the top 50 coinmarketcap

Currently the best way to grow our assets from altcoins is daytrading, because the movement of altcoins is quite agile but not diving and jumping too far.
Taking a percent until 3 percent profits is quite nice in this market condition and don't forget to set a stop loss also
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October 20, 2019, 12:28:43 PM
 #359

Hi! Everyone

What do you think is best methods to increase your Altcoin.

Invest in ICO?
Trading?
Hold?
Others?

It all depends on the expertise that uses it and everything listed above is a good method.
I will choose to trade if the market situation supports trading, but if the market is bad I will hold it back.

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October 20, 2019, 12:36:25 PM
 #360

it depends on your skill, because everyone has different skill. there is a good crypto trader, there is a good developer, etc
but as far i know, the fastest way to grow altcoin is trading crypto, so learn more about trading
starting from basic trading like basic technical analysis, excercise, and never give up, until you are very wealthy from crypto trading

 
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