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Author Topic: Managing Your Altcoin Assets  (Read 14926 times)
Lisa110386
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November 30, 2018, 06:40:21 AM
 #101

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 all depends on what coins you have in your portfolio. If these are  shitcoins, then I think they should be immediately sold, if they have a price. And for these funds to buy more promising coins from the top 100. If these are good prospective coins, then I advise hodl. I advise you to subscribe to news channels in telegrams to track news on coins and listings.
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November 30, 2018, 06:51:52 AM
 #102

do research on each coin. not to be confused between the two that has a good future and no. for it then it should at least be doing analysis and have knowledge of the crypto further. of the many that exist of course not all the coins will be able to give a large profit and the rest will slowly become trash.

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kiryamikronov
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November 30, 2018, 06:51:58 AM
 #103

Now all coins and tokens falling with a huge speed, my advice is to hold them to market recovery. Then the situation will be more clear and you will be able to decide which crypto currencies have a future and which are dying.

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niublity
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November 30, 2018, 06:52:33 AM
 #104

This kind of management is very difficult. You may only have 1-2 so many coins in the future, so it is difficult to judge. Other bad coins should be sold, and it makes no sense to hold them. But you must not sell promising coins.

TomInVa57
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December 08, 2018, 10:08:24 AM
 #105

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

Most of free tokens never reach exchanges. That is why I prefer to invest new tokens by buying them on exchanges, it seems to be some kind of guarantee.
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December 08, 2018, 10:25:36 AM
 #106

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

Most of free tokens never reach exchanges. That is why I prefer to invest new tokens by buying them on exchanges, it seems to be some kind of guarantee.
If you mean airdrops, then do not pay attention to this activity at all, since the percentage of real earnings in this activity is very low. But nevertheless, if you take the entire amount of the Coin that is in stock, then 50 or 70 percent will still bring a good profit.
leexhin
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December 08, 2018, 10:27:38 AM
 #107

Most of my airdrop and selfdrop tokens are already sold if you are lucky to get an airdrop or selfdrop that have a value I suggest that you should sell it if you think that it doesn't have a potential.
But for your investment through ICO and some of the token that you bought I think you should learn to cut loss and manag your fund well.
pharaon
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December 08, 2018, 10:45:35 AM
 #108

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 have a question for you: why did you buy / accumulate so many coins that now you cannot control them and monitor their development? I advise you to spend some of your time and figure out what needs to be done with each of the coins, for example, exchange some for Bitcoin or ETH.
MegaPost
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December 08, 2018, 01:05:59 PM
 #109

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

Well, the market is almost upredictable, so I cannot be sure that all tokens I hold will be demanded, but some of ICOs should give this world some good projects.
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December 08, 2018, 01:15:01 PM
 #110

Most times I'm following the only one rule - altcoin should be on top 100 according to CMC, and the project should be really exciting for me/if not then token price should be not dumping but growing if possible. Within current market conditions, the example will be MGO, if I may. It continuously grew last months and is rising up in Top 100 list as well. Also, the project seems to be promising for me. That's why I'm hodling/buying more of those right now.
Alexeu00011
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December 08, 2018, 01:19:34 PM
 #111

During the ICO crisis, I realised how many mistakes were made by me during this period, so now I stay away from altcoins. I bought some BTC during last drop and I will hold them.
moneyvolutions.com
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December 08, 2018, 01:20:02 PM
 #112

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
My advice is you have to sell it in part, but before doing so you have to filter them first to determine which tokens are worth to holding or not. Although this is difficult to do and takes a lot of time but you have to do it anyway, otherwise you will have difficult to managing it and even forget to sell it. Because I have experienced the same thing as you.
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December 08, 2018, 01:28:02 PM
 #113

Most times I'm following the only one rule - altcoin should be on top 100 according to CMC, and the project should be really exciting for me/if not then token price should be not dumping but growing if possible. Within current market conditions, the example will be MGO, if I may. It continuously grew last months and is rising up in Top 100 list as well. Also, the project seems to be promising for me. That's why I'm hodling/buying more of those right now.
That might work if you don't want to hold hundreds of different coins. Most of those will be "dead coins" sooner or later but you are always able to sell during higher price to increase net worth or at least try not to sell while the price is lower than during ICO. Try to focus on exact number of those (for example, hold 3 different alts at max). It will be easier for you to manage portfolio as well.
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December 08, 2018, 01:56:22 PM
 #114

Managing a lot of altcoins asset is very difficult because not all of them will be profitable but first of all you should be eliminate the coins which have no value and it's necessary and keep the rest for your portfolio and for good reference you can check at coinmarketcap that if your coins including to top 100 i think it decent to hold

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December 08, 2018, 02:02:08 PM
 #115

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 hold most of tokens that I had managed to gain for free, because I hope for some of them to become expensive, but I cannot be sure about all of them.

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December 08, 2018, 02:54:06 PM
 #116

I try to minimize all transactions with cryptocurrency. I do not have anything to pay with electronic money in this period of time, so most of the cryptocurrency savings are stored in my hardware wallets like Trezor for example.
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December 08, 2018, 04:14:51 PM
 #117

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

In this bad market, we all have the same problem because our tokens and coins value already dropped in the market.
When you got some tokens from reward, i think you need to observe the ICO company of your token.
If they have a potential product in their project and keep developing their roadmap, dont sell it yet until they their product adopted.

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December 08, 2018, 04:19:04 PM
 #118

In the end, they will become a shit or worthless coin so you better let go of those altcoins as soon as possible or you will regret not selling them during their peak season. I understand the confusion you are in right now but I also experience the same way when I was very active in bounty hunting and airdrops. Unfortunately, i regret holding those altcoins for long term and some of them still existing on my wallet where their price drops down for up to 90%.
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December 08, 2018, 04:25:05 PM
 #119

Open up a portfolio and you are good to go. In addition I have an excel table that helps my to identify everything that I am doing in this industry at the moment. Blockfolio is an awesome app, that would help you to manage your coins.

in fact, asset management only relies on applications without taking preventive actions when there are changes in the market, it is also futile. We should not rely too much on third-party applications, it also aims to prevent the account from being hacked because in some cases, third-party applications can be used to enter someone's account.

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February 26, 2019, 08:29:51 AM
 #120

you made a mistake!  you bought too many altcoin but you do not know which altcoin really is good  ?  Now, I think you should hold them until the bull market appears to see how?
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