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Author Topic: Too many altcoin  (Read 222 times)
yhancel20
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June 16, 2018, 03:05:36 PM
 #1

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.
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June 16, 2018, 03:09:05 PM
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 #2

Not really.

99% of every altcoin and ICO will not survive in the long run because most of them:

1. Are a money grab scheme;
2. Are useless;
3. Don't have a working product;

I'm pretty sure 99% of every coin in the Announcements (Altcoin) board front page right now are going to die in the next few years.

Do you want to gamble and try to catch a pump? Sure. But if you want to be part of the revolution, stay with the top coins and a few others with true potential.

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June 16, 2018, 03:15:54 PM
 #3

Buying and holding altcoins for long will waste both time and money. Better invest your time in exploring this world. Only then decide which coins to invest in.

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June 16, 2018, 04:12:21 PM
 #4

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.
Better buy someones good coins if the double value withdraw what you invested and hold remainder.
Slow death
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June 16, 2018, 04:25:19 PM
 #5

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.

as many have said, many icos are created by scammers and have no use in real life, however there are some good projects like ETH and NEO, but these projects will not give you a big profit in the long run, in my opinion you can do 3x at most with ETH or even NEO, but with bitcoin is another history, buy bitcoin and Hold for years that is the best option

Better invest your time in exploring this world.

time does not stop, while OP is observing the world, opportunities will be running out

stomachgrowls
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June 16, 2018, 04:41:13 PM
 #6

Not really.

99% of every altcoin and ICO will not survive in the long run because most of them:

1. Are a money grab scheme;
2. Are useless;
3. Don't have a working product;

I'm pretty sure 99% of every coin in the Announcements (Altcoin) board front page right now are going to die in the next few years.

Do you want to gamble and try to catch a pump? Sure. But if you want to be part of the revolution, stay with the top coins and a few others with true potential.
Definitely right!

I would even say 98.8% of them arent really giving or contributing new Innovation but rather just copying others project idea to get a market share but they arent totally worth of to invest. I do only consider BTC and ETH. Nothingless.

Diversifying isnt bad but you would really need to took the risk to make money. If you can do such thing then do it with full awareness.


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vintages
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June 17, 2018, 06:47:31 AM
 #7

What you should stick to and keep in mind whenever you are investing in altcoins is the authenticity cause it makes no sense to have many coins yet the majority of them are useless coins. So, its best to hold five to ten worthy coins than have fifty of them which will turn out to be shit coins. Because like the other user have said, they are many altcoins which will not survive in the long run.

yhancel20
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June 17, 2018, 07:27:09 AM
 #8

Not really.

99% of every altcoin and ICO will not survive in the long run because most of them:

1. Are a money grab scheme;
2. Are useless;
3. Don't have a working product;

I'm pretty sure 99% of every coin in the Announcements (Altcoin) board front page right now are going to die in the next few years.

Do you want to gamble and try to catch a pump? Sure. But if you want to be part of the revolution, stay with the top coins and a few others with true potential.

Yes .definitely.it is better to gamble with the coins that really on top.so for newbies that really want to learn and earn.it is not a mistake to buy an altcoin as long as you knew their background.if it is worth to invest or not.let's not practice the panick buying when there is new coin in the market.so even there's a lot of altcoin circulating in the market don't be too hype to buy.
jekainvestor
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June 17, 2018, 01:22:12 PM
 #9

You are quite right - there are too many altcoins, and too many of them will not survive - too much competitors that are stronger very often. But buying only top coins you may loose different other opportunities, very often some altcoins become unpredictably the top coins as a result. But of course you should learn everything in details before earning something.

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June 18, 2018, 10:44:46 AM
 #10

Think it's normal to keep money in altcoins
MVT_Freedom
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June 18, 2018, 12:26:15 PM
 #11

There are not so many altcoins that could really give a great ROI.
There are too many shitcoins, and technically there can come around at anytime a better 'project' then the one you've invested in.
reflector
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June 18, 2018, 01:08:24 PM
 #12

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.

Why not mate, there are plenty coins coming to the market but all are not ICO projects are getting listed on the exchange so we have to check the good background contained project to invest mate. There are plenty of ICO rating websites to check the real worthy projects mate.
Then you do check the project with your strategy bro.

If you want to invest on the altcoins use CMC site to fidn the more information whether it is useful and potential one to invest or not.


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yhancel20
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June 18, 2018, 01:57:41 PM
 #13

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.

Why not mate, there are plenty coins coming to the market but all are not ICO projects are getting listed on the exchange so we have to check the good background contained project to invest mate. There are plenty of ICO rating websites to check the real worthy projects mate.
Then you do check the project with your strategy bro.

If you want to invest on the altcoins use CMC site to fidn the more information whether it is useful and potential one to invest or not.
I definitely try that suggestion of yours mate.i already learn a lot from this thread,and hoping to continously learn more.and surely being more sensitive in buying some alt.😊
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June 18, 2018, 04:29:11 PM
 #14

Everyday ico is launching, how will they survive. Every ico is reaching softcap so waha ppl are doing is, they are investing then selling, then investing in another one...
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June 19, 2018, 10:36:45 AM
 #15

I think you can make good money on that. But the most difficult thing is to choose the right altcoins price which will grow exactly.

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June 19, 2018, 10:46:28 AM
 #16

I try to keep all the alts till its listed officially on any top-50 exchange. By that time it will cost the most, after that it goes down
until you loose everything
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June 19, 2018, 10:57:34 AM
 #17

Most of them are useless, and there are not many real projects. So it is the real project that can survive for a long time.
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June 19, 2018, 02:21:31 PM
 #18

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.
if the coin has good functionality, and having a trusted and growing project may be suitable for hold
all coin must develop from the beginning it depends on you choose which coin will be made investment
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June 19, 2018, 03:24:09 PM
 #19

Hey guys,do you think it is ok to buy and hold different altcoins for long especially that there are so many new coi s releases by ICO.

you can buy any coin you see it profitable but for long time you should always choose the best altcoin.
remember when you will see a good coin is dumped very much then should buy that coin and hold until it's go high.
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June 19, 2018, 05:31:30 PM
 #20

There are too many projects in here , good or bad . But I am very thanks for here , it brings me to a new word .
I like cryptocurrency and like here . Hopes you will enjoy these like me . But I have to say , lots of projects in here maybe spam , so you should look careful about these project . Grin

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