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Author Topic: Managing Your Altcoin Assets  (Read 14926 times)
ccsang
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October 29, 2018, 03:22:03 PM
 #41

not only you, I've a lot of altcoin already turn to shit coin right now, if I sold all of them early, at least I can gain profit, after 1.5 year experience, I already know that how to identify it's a potential altcoin or shitcoin, however, you must spend a lot of time to check the project development progress, community channel, roadmap and online reviews, not just sit in front of computer and check crypto market daily
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October 29, 2018, 03:24:14 PM
 #42

there is no guarantee for now to hold many altcoins for so long, the listing price may look good, but it will go far down even the price will die after so long, it's better to hold a few coins that already have good performance, such as allocating on eth or bitcoin
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October 29, 2018, 03:31:17 PM
 #43

Looks like you have not sold your coins for years, well if you want to reduce your collection to handle properly first you should hold only top 50 coins from marketcap. It will reduce your 60 to 80% of coins I think because most of your coins are from air drops and bounties.
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October 29, 2018, 03:33:57 PM
 #44

I have a similar situation as you. Hundreds of different coins on different wallets . And if for the coins that are traded on centralized exchanges there is the possibility to control, for others, trading on which is only on eitherdelta or forkfelta, no. It is necessary to manually check each asset.  Well I think in the near future something will be invented to solve this problem.



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nyia
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October 29, 2018, 03:34:11 PM
 #45

I think you just have to wait again for the BTC price increase, because I think if BTC goes up then the altcoin or token will be affected as well
Robotbitcoin22
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October 29, 2018, 03:37:10 PM
 #46

I think you just have to wait again for the BTC price increase, because I think if BTC goes up then the altcoin or token will be affected as well
Invest not when they increase. but indeed when the market is experiencing a decline and that's where we analyze that the market is very good for us to invest
Bonwin
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October 29, 2018, 03:46:12 PM
 #47

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
The unfortunate thing I that your wallet is private to you, so you cannot assign anyone to manage it for you. Which means that you will have to do it yourself.
If you have  too many  coins in your portfolio that you seem not to be able to manage, then you should sell some. Proper management of portfolio does me updating yourself with what might be happening or that will happen in the crypto space as regards the coin, which will then inform your decision.
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October 29, 2018, 04:00:50 PM
 #48

if you want to know which one will hold and will be released, you must follow the progress of the project. whether through telegram discussions or others. what is clear is that everyone will never know if they do not follow the development of the project itself
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October 29, 2018, 04:08:55 PM
 #49

About prompt you something very difficult. As I see, you have three options:
First sell everything now and consciously buy tokens that you think are good;
The second option is to wait for a tuzemun and sell then;
The third option is to wait for something to grow and sell.

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October 29, 2018, 04:12:35 PM
 #50

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 also faced the same problem and decided so, I watch my assets and sell them after a sharp increase. According to my observations, almost immediately after the growth of the coins, they go to correction and you can try to make money on it, I check all the coins I received for bounty a couple of times a day, it is not difficult and does not take much time.

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HAKHALI
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October 29, 2018, 04:21:30 PM
 #51

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
Do a focused study on each coin , how much is the purchase price and how much is it now? Is this coin has a future or not? Then take the decision , i think  this depends on if you Are  an investor for  short  or long term ..
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October 29, 2018, 05:26:36 PM
 #52

there is no guarantee for now to hold many altcoins for so long, the listing price may look good, but it will go far down even the price will die after so long, it's better to hold a few coins that already have good performance, such as allocating on eth or bitcoin

There are also many alts worth investing on that just eth and btc but you're right. Going for lesser known alts may be a bit of a gamble now since not many of them have good following. Some can go way down after listing and can take forever to recover.

 
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herurist
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October 29, 2018, 05:39:14 PM
 #53

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 think you need to sell all your asset and change it into currency, market situation is not good for any activity. If you decides sell all it might lost value but it will safe your asset from biggest lost because in my calculation, this down trend will keep running until next year. Think my advice and good luck to you.

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October 29, 2018, 05:48:50 PM
 #54

It would be better if you mention the list of coins that you have stored in your wallet. I suggest that you sell some that you don't think are potential, and only become trash in your wallet. So it doesn't really make you bother thinking about it. Don't sell everything, wait for the market to strengthen again. Thank you.
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October 30, 2018, 04:11:15 PM
 #55

Managing more than 10-15 coins is a huge ask since you have to be updated continuously as to market situations. This is an immense effort which requires long hours of gathering information. researching, predicting and finally deciding on what to do with the coins. I don't know how you decided to go for hundred different coins at first place. Perhaps it's better you scale it down.
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October 30, 2018, 04:11:30 PM
 #56

I think it is better to keep the best 10-15 altcoins at max and sell or get rid of rest of them. Managing more than that will be a huge pain as you have to be updated with their latest information all the time. And also most of your altcoins are probably lost or loosing its value so sort it out and keep the best ones.
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October 30, 2018, 04:11:48 PM
 #57

It is advised to sell the almost dead altcoins. Research the market for the prices and keep the ones that are showcasing potential with their prices.
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October 30, 2018, 04:12:04 PM
 #58

Looks like you have got a lot of coins that does not have any value. I think you need to analyze the market first, look for the coins that still got enough to make something in the market. Hold them and get rid of others.
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October 30, 2018, 04:33:51 PM
 #59

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
This should be easy you need to sell most of your coins, it seems to me that you got excited about the market of cryptocurrencies and you bought more coins than you can handle and that is not good, keep only 10 to 20 coins and do not increase that number until you feel comfortable managing them.
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October 30, 2018, 04:53:56 PM
 #60

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
It's best to sell all the tokens you get from bounty and airdrop. Sell them as soon as possible because it will turn into shit in 2019, and only retain the potential altcoin. And altcoin in the top 100 if you have

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