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Author Topic: Managing Your Altcoin Assets  (Read 14929 times)
Ezekay (OP)
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October 27, 2018, 04:21:00 PM
 #1

I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.

My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
trofim21
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October 27, 2018, 05:38:36 PM
 #2

I advise you to sell some of them, and in the second half I advise you to hold on for a long time, I believe that the market will grow strongly and, therefore, I continue to invest in promising projects, here is one of their #swachhcoin. The project will pay people for their trash. At the moment the bonus is 5%, you can buy coins by the end of October. I advise you to see the project.
jeffthebaker
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October 27, 2018, 05:49:43 PM
 #3

Sounds like you bought a whooooole load of horseshit, OP. Many of your coins have probably already withered to zero. Maybe pick out your favorites (10 MAX), sell the ones you aren't too keen on that have done fine, and hold everything else until you can dump it at worthwhile prices. Good luck.
Awesomus Maximus
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October 27, 2018, 05:57:57 PM
 #4

We can't help you if we don't know the coins. As a general rule, keep the ones that are among the top 100 or so on coinmarketcap but know that there is no guarantee that any one of them will survive. Maybe there are decent but not so popular coins among them, but even so, if no one is interested in them, they may easily be forgotten and drop to zero value.
bigcash2011
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October 27, 2018, 06:01:06 PM
 #5

From what i understand from your post is that you have accumulated hundreds of coins from bounties, airdrops and bought some at exchanges, my sincere advice will be to sell most of the useless and low quality coins and hold eth or btc instead that will surely yield you nice profit over longterm.

Kofiy
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October 27, 2018, 06:07:59 PM
 #6

My advise for you is to sell some of them. The truth is that not all of them will worth keeping for long, just do research about them so thsr you will know the ones worth keeping for long term hodling. You can use the fund from the ones you sold to buy some already established coins.

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October 27, 2018, 06:38:18 PM
 #7

I think you need to first calculate your capital loss. More possibility maybe you have the capital loss. ICO coins not that much good choice whose price fall over the 70% over the ICO price. It's better to sell those coins. In major coins you can hope for recovery.

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October 27, 2018, 06:40:56 PM
 #8

I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.

My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
That is too bd if you don't kow your assets so the problem is with you,you can use some of the portfolio apps which can be helpful to track the value of your coins in frequent times and also can see the price increase and decrease so you can decide whether to sell or not.

Cryptomilz
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October 27, 2018, 06:49:57 PM
 #9

I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.

My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies

As a newbie, you needed guidance and shouldn't have entered the crypto world by pumping money into investments in ICOs. Coins earned from bounties and airdrops should have been the learning ground for you, would have helped you know which coins to hodl and the ones to sell immediately upon receipt. That being said, I think you should take a holistic review of the coins in your portfolio, seek info about them in their various communities. Sell the ones you think have no progress made by the devs of such projects and keep the ones who're active, but have been hit by the current bears market condition. Good luck man!
aji567
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October 27, 2018, 07:10:51 PM
 #10

I think you have to sell coins or tokens that have been registered on exchangers before the price has decreased. My advice is to sell those that already have a selling value and hold some that are appropriate for the long term.
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October 27, 2018, 08:20:06 PM
 #11

Altcoins are fantastic projects with positive vibes
Every decision should be based on your research work and knowledge

You must monitor carefully and tidily or you could end up in more debt in this bearish period
Always dyor
sacskate
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October 27, 2018, 08:35:22 PM
 #12

I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.

My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies

i advice you to do your research and sell the shitty ones onlu HODL strong one recommended from top 20 coins in CMC as they have established development and strong team
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October 27, 2018, 08:41:36 PM
 #13

That's what will happen if you don't know what you are buying. Hundreds of different altcoins? how much bitcoin would be the equivalent of those? my tip to you is to sell most of them already before your portfolio go worthless. But study and see on how much is the value of that coin would be, you need to spend some time for it. I won't ask what are those coins because that's a lot but I'm pretty that most of those coins value is around $5 right?

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vit05
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October 27, 2018, 08:50:14 PM
 #14

Most will actually turn into shit or it will be a scam. That's why we keep so many. Every 20 that do not result in anything, one reaches 1000x higher values in a few days. And that's where you should sell. An exorbitant profit with a single project pays for all the prejudice of others.
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October 27, 2018, 08:52:23 PM
 #15

Right managing of your altcoins can bring you extra profit and will help you to save your funds. But you shouldn't do too much movements , you can make simple mistakes that will decrease your balance

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October 27, 2018, 09:02:42 PM
 #16

I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.

My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
If you're investor, you must think as investor and not supporter. If i investor, after i see i get profit, i will sell it and change to new project, buy other coins. And not hold it for a long time.

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Kelvinovie2
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October 27, 2018, 09:12:04 PM
 #17

You should check for coins or token you have made profit from, you can either sell and move to other project or cash out for bethlter offline investment, and for the other shitcoins since you were holding until they turn shit then I guess you will have to hold till lambo that's if that's ever going to happen, but it's crypto anything is possible.
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October 27, 2018, 09:14:55 PM
 #18

I have about 200 different coins and tokens on my wallets. There are coins for long term, for them I created separate wallets and I'm not going to sell them before the product is launched.  But most of the remaining coins (about 90% of the holding) I am ready to sell at the first opportunity, as soon as there is a profit of at least 100-200%. But I don’t sell everything, usually 60-70%.

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October 27, 2018, 09:18:38 PM
 #19

My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
My advise is to sell those coins that are not on the top 20 on CMC and convert to coins which you can hold for longer period. In my experience it is hard to manage our portfolio if we only have little time on crypto.

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October 27, 2018, 09:27:51 PM
 #20

A lot of coins have no potential, the team slowly disappears, developers release very basic updates, and you know it was just a pump and dump creation. When they hit the exchanges, dump them and consolidate into good altcoins with a real team and active development
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