All you can do is hold your ALTs for a few years

Of course yes, the market has been crashed very hard right now I am really saddened after watching the CMC on a daily basis and worrying about the Investment. But still hopes are alive and I am very confident about the market that bull run will make a quick comeback.

Well, for some coins a couple of years is not a time term. I can wait. Moreover, I initially knew when I invested in several projects, that I would have to wait year or two. Therefore, I'm not upset. Of course, I would like the market to recover faster but nothing depends on us.

Yeah , I have always said that , trading in cryptocurrency better be as a second job , The income out of it is really unstable and you can't count on it as a constant income , real life has real expenses and it doesn't wait for the bitcoin to rise again!
So I do keep my altcoins and forget all about them and probably get back to the old ways like stock market again and designing again to improve my income!

All the coins with less experienced team and without any innovative idea will surely die of during this crash. If you hold such coins. Just sell them and cut down your loss

You could just wait till the market recovers and for the alt-coin finish all the plans that they have in their road map to have their coin or token in full function.

Quote from: Tilbrook007 on December 07, 2018, 01:03:44 PM

If you haven't already sold your ALTs simply hold if your project is decent. If the project has no future sell and buy into a decent project. This is all you can do to recover your loss without putting in more money. It will probably take a couple of years to recover your loss!

Some ALTs will never recover from this crash!

It is an ugly situation!

well, I think you see from a negative point of view. maybe we won't hold for several years, but only a few months. well maybe our expectations are too big, but that's what the holders expect in this situation

How can new people understand in a good or bad project they have invested? those who are already long time in the market they do not panic and calmly hold their portfolio

First, when I think about holding a certain altocoin. I have to consider whether the altcoin is worth the hold or not. So I've eliminated the case of altcoin that can not be recovered in the future, eliminating a risky case for me.

yep hold your coins if their project is decent, that could gives you profit in the next year or 2. These bad market only a potential coins will survive and the shit coins will die.

It is a fact that some alts will never recover.

But into a better project and hold it for a long term. Ive seen some of my alts are doing pretty bad but I will hold them no matter what the situation is.

Yes! It is advisable to hold altcoin till next year and let look what will happen after new year.

Quote from: Tilbrook007 on December 07, 2018, 01:03:44 PM

yes we have no choice but to hodl and wait for the final momment when cryptocurrencies regain its strength. it is just a part of the cycle and we are all moving up again.

It takes iron patience to wait 2 years until altcoin recovers. And in general, there are no guarantees that it will start growing and will be in demand.

why not hold the asset for few year again, than we sell with low price, i'm prefer for hold the altcoin until the price 0 than sell them and make loss my money in shitcoin

If you follow the price of the previous year, this has happened. we need a long time to hold maybe more than 3 years. but I think it's more ruined especially looking at eth prices. This is the lowest price I've ever seen. currently preferring to secure assets.

I do not agree with the fact that for a few years, as already small but have experience in the market and say that a lot of violas will die out in 19 year, so what's the point to keep them if they depreciate,and will cost a penny at best, and maybe even just evaporate, and all your investments will be in an empty place, so it is better to still head now to monitor the situation

Yeah, it seems that its going to be a long hold for people who bought when the price of bitcoin was around 15k and all the altcoins were at their peak. So i think there is no other option but to forget about the coins for the time being.

If everything is so bad with Altcoins, what prevents to translate them all into Bitcoin? Or maybe you should tie with cryptocurrency? Why such deep fears to experience

Changing one altcoin for another seems reasonable now. But one should choose carefully now - this is not very obvious decision. For example everybody hopes that ethereum is the best choice now, but I doubt it will rise to the former heights.

Quote from: Benarand on December 07, 2018, 05:24:36 PM

It takes iron patience to wait 2 years until altcoin recovers. And in general, there are no guarantees that it will start growing and will be in demand.

of course, if you prefer to hold them, you must wait in longer time before the price is growup again, 1-2 year again is long time for wait the market growing