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Author Topic: Why people are holding Altcoin?  (Read 1813 times)
xpazer
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April 19, 2018, 07:16:11 PM
 #401

Most ICOs are issuing tokens to raise fund to develop their projects which might have to take sometime to develop into finished products ready for the market. Committed investors believing in the potential of the projects are willing to hold the coins till the value of the projects is fully price in before they sell for good profit of which it can be 10x.

And someone of this will be fail by the time, i never put faith in such certain promises. By the time, how can i know what happened  Wink
South Park
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April 19, 2018, 08:00:38 PM
 #402

Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?
someone holds their coins in hopes that their coins will continue to rise. besides that by holding Altcoin will increase their prices as well as their development. so many are holding their coins.
The risks of holding altcoins are very high, there are some altcoins like ethereum that are very safe, but ethereum is the exception rather than the rule, most altcoins disappear after just a few months and some after a few years and it's obvious that when those coins disappear you do not want to be the one that is still holding those coins so if you are holding altcoins like that you are taking a huge risk.

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Coroline
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April 19, 2018, 08:05:58 PM
 #403

I think people keep altcoin because its price is still cheap, and potentially up bigger than bitcoin. maybe that's what causes altcoin likes people.
makuny
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April 19, 2018, 08:20:14 PM
 #404

in my opinion, people will hold for long time while they hope to earn high.
buy cheap sell high.

this i make with 5 tokens .. after 3 months now x3 by all.
i hold with the hope x5-x10 Wink
thepo1m
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April 19, 2018, 08:29:29 PM
 #405

There are several reasons to hold a token, if one feels the future of the project is good, nomatter what the current market says, another is, if one don't want to sell below the ICO price, if will be very difficult for me to be sell tokens I bought below the cost price
Spaffin
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April 19, 2018, 08:43:41 PM
 #406

Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?
It should be borne in mind that virtually all of the crypto currency, except bitcoin, is altcoyin. Bitcoin is not in the best shape now. It would be, on the contrary, amazing. if people did not keep altcoyins. In addition, now many altcoins have even much better qualities than bitcoin. In addition, bitcoins are universal in their purpose, while the created tokens have very different characteristics and are very useful in different specific branches of our multifaceted life. The future is for the altcoyins.

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costgranda
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April 19, 2018, 09:46:42 PM
 #407

I, as well as many in this market hold the altcoins for one obvious reason: not to sell in minus. Nobody wants to sell at a loss it is obvious. All wait for growth of the coins in the future. I believe in technologies of projects which I keep in a purse. In the cryptocurrency market the patience is very important, otherwise you will achieve nothing!
deevan
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April 19, 2018, 10:21:23 PM
 #408

As the crypto market is volatile so it doesn't mean that if the coin value is dropped it won't ascend afterward, coin value depends on supply/demand. And as so people will buy altcoin even knowing that it is risky investment & regardless of volatility at a low price so they can sell it at a higher price it is just a form of investment for them. Even some altcoin can give you more profit in short-term if you chose carefully which coin has potential to arise 5x-10x times. Simple fact is that sometimes you have to take risks in your life to get a fruitful reward.
Memeicomel
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April 19, 2018, 10:34:09 PM
 #409

Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?
because by holding Altcoin can be increased in terms of price. with the increase in the price of profits earned is also large. so it is necessary to hold the coin for a moment.

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baby25
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April 19, 2018, 10:58:05 PM
 #410

 The value of altcoin rises simultaneously so As one of them we're holding altcoin because of it's potential in the future where we can profit x2-4 of the value of token when it started
Innocant
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April 19, 2018, 11:41:42 PM
 #411

They hold of their toke because they want some profit or else they hold because the price of the token they hold are in a small value for now. Even me if my token is on a low price maybe i will going to hold it first and wait on when my token be in the moon.
totholio
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April 19, 2018, 11:47:54 PM
 #412

There is much bigger potential for profit(and loss) with altcoins, people love new promising projects, even without a proper background sometimes.
raymnt
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April 19, 2018, 11:50:46 PM
 #413

The value of altcoin rises simultaneously so As one of them we're holding altcoin because of it's potential in the future where we can profit x2-4 of the value of token when it started

That pretty much sums it up  Cool
jamiebear
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April 20, 2018, 12:11:53 AM
 #414

They are holding because some of them like the project but they are not good in trading. So holding makes it the most logical and profitable way to go so you won't miss any price action when the altcoin rallies. Some altcoins will give you better returns if they over run bitcoin in a certain period of time.
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April 20, 2018, 12:14:58 AM
 #415

It is incredible, but most people is holding altcoins because they have that hope of seeing everything going x100 in a few months from now.

I saw a lot of people saying that Ripple was gonna make more than x100 in a year, and it did (last year)

I still believe in that Ethereum is the one that will be a game changer during the last quarter of this year


Rlyn
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April 20, 2018, 12:22:28 AM
 #416

Having and holding an altcoin is a big privilege and opportunity for us to earn more than our usual income. People hold because of this reason.

deeryemeles
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April 20, 2018, 12:24:49 AM
 #417

It is incredible, but most people is holding altcoins because they have that hope of seeing everything going x100 in a few months from now.

I saw a lot of people saying that Ripple was gonna make more than x100 in a year, and it did (last year)

I still believe in that Ethereum is the one that will be a game changer during the last quarter of this year



Yes this is possible with the way it happened in other altcoins last year, I'm hoping it will happen to some again this year.
oneidentity
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April 20, 2018, 12:44:16 AM
 #418

people hold alternative crypto-currencies because they have a chance to grow by thousands of percent. Especially those that have low capitalization now.
Bumblebee200
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April 20, 2018, 12:55:53 AM
 #419

in my view they are holding the existing altcoin probably because they want to wait for the price to grow and provide a good income. and it could be that they want the investments made to be profitable because for now the price of altcoin in exchange is unpredictable.
Bitfling
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April 20, 2018, 12:58:34 AM
 #420

Why people are still holding their altcoincoin in this volatile market?

Do they really love their altcoin?
Are they waiting for the price goes up?
What is your reason for holding?

Some altcoin have back up by real company and already have product. Its like holding stocks with undervalued market cap and its opportunity to make big profits from alts. Like what happen right now, bitcoin price steady at $8000 but bitcoin dominant down to 38,9% because altcoin dominant in transaction right now
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