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Author Topic: All you can do is hold your ALTs for a few years  (Read 39354 times)
Lindell
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December 07, 2018, 07:16:06 PM
 #41

It's very disappointing to invest in untrusted coins that in the first case was good but after few months they become inactive. Holding for one to two years is advisable when the coins are very promising and you have the assurance of profit.
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December 07, 2018, 07:19:23 PM
 #42

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!


This is a serious blow. Catastrophe. Investors who have been waiting for their projects have nothing to get. I think this market continues to fall. Trust is undermined.

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December 07, 2018, 07:42:28 PM
 #43

Without an iota of doubt,  the best Strategy is to hold your investments because most altcoins have depreciated in price more than normal which is not encouraging to all investors but like the saying, the patient dog eat the fattest bone. Keep holding till the market pick again that's if you are holding a good token
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December 07, 2018, 08:05:12 PM
 #44

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!
I also do not see any reason to sell my coins, because I think this is not a good bargain, but I don’t set myself a temporary limit on storing my tokens. It is necessary to monitor the market situation and hope to improve market conditions.

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December 09, 2018, 12:49:05 PM
 #45

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.

An ETH alternative is Cardano
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December 09, 2018, 12:57:08 PM
 #46

Yes , some will never recover from this dip and some will, just a matter of selective in project that will be good for your thinking and base on your research , most of the likely ones to survive are the old projects that has a very good project and product to back their project with a very active team .

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December 09, 2018, 01:04:06 PM
 #47

very less number of people will be able to keep their currency for such a long time. if by the end of 19 year the market does not grow, then it will be dead for a very long time

   Yes, Patient is the key. Having a crazy crypto market as we have right now. it is better to hold on and wait until the market recover. We may have low price value on our ALT Coin yet we have all the options to hold on. Market Volatility is very high, massive sell off affects the status on the market. low confidence by the investors also contribute on the drops of the market yet i believe it will make such recovery soon. Hold on..
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December 09, 2018, 01:10:43 PM
 #48

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!
I agree that now we need to try to keep our coins and tokens longer. And you need to be prepared for the fact that they will still fall in price in the coming months. However, I still do not think that it will take several years to restore the cryptocurrency market. I believe that even if the market still falls in the next few months, it will be restored all the same in the second half of next year.

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December 09, 2018, 01:16:13 PM
 #49

Yeah i know some tokens will never recover again. But there is a chance for the price will up again and it take long time for sure. If you have a potential token you must monitor it & have patiance. I hope this current condition will be better on next year.

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December 09, 2018, 01:49:33 PM
 #50

 If you sell all of your keeps at a very bad condition of crypto then you already at lose on the huge deficit but if you extend your patience for a long time then there is a probability that you will recover when the bull is gonna happen.

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dreico
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December 09, 2018, 02:16:47 PM
 #51

This advice looks very good, because now thinking about the sale will be the wrong decision, but the retention is a little better in this regard.
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December 09, 2018, 02:26:22 PM
 #52

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!
It depends on your patience sometimes waiting is not good enough for many people. But in crypto sometimes waiting for longtime has good result but not all the time for me im not a fan for long time hodling its kinda boring for me!
bering
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December 09, 2018, 02:45:45 PM
 #53

Just like you say that if those altcoins decent to hold then i probably will do that but the future of altcoins is more unpredictable than bitcoin that some of altcoins might be will be dead without recover again but only several altcoins could survive and the price could be bounce back however before hold first of all we have to choose the right altcoins to do so and this is the hard part i think

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December 09, 2018, 02:59:32 PM
 #54

Those shitcoins never recover and will be wiped out in the market without you noticing if you keep holding it so you are correct, we should immediately sell those and switch to an altcoin that really have a potential in long term holding. Besides, it may take time before bitcoin and these altcoins to recover but will not take a couple of years. 3 to 5 years is enough for bitcoin to reach an all time high and most altcoins will surely follow once that happen. Holding is one of the best strategy to earn a decent income.
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December 09, 2018, 03:27:14 PM
 #55

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!
It depends on your patience sometimes waiting is not good enough for many people. But in crypto sometimes waiting for longtime has good result but not all the time for me im not a fan for long time hodling its kinda boring for me!
people come to invest into cryptocurrency hoping to become rich overnight which is impossible you need to have patience when it comes to investment and stuff, your assets wont grow that much if you sell it quickly after the price rise, its true that holding for a long time doesn't produce a good result remember there will be always a bigger predator, these people can move the market if they decide so, they saw the oppurtunity to sell it at its ATH which 19-20k, next time sell your coins at ATH along with the whales.
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December 09, 2018, 03:40:25 PM
 #56

If we are late in the sale of altcoins that we have from following the prize of course it will take a very long time for us to sell at a reasonable price because with the fall in the price of BTC it is certainly very influential with the price of altcoin that has just entered the market so we can only do patience and it would be nice if it turns out the coin has the potential does not hurt to buy it when the price falls.
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December 09, 2018, 03:54:43 PM
 #57

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!
it is true that the current situation can be said to be very difficult and bad, because prices in the market do not show a significant development or not in accordance with what was previously expected. but I don't think there is a need to hold our altcoins for that long, we better turn the assets we have to trade on altcoins that can be profitable. although the benefits are not much but it is better than having to wait a year.

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December 09, 2018, 04:00:38 PM
 #58

Now i collceted 45 types of cryptocurrencies with this bear market duration. So i think year 2020 all major cryptocurrency prices will be up. Anyway i hold my coins one or two years to reach my prices.

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December 09, 2018, 04:01:11 PM
 #59

It's very disappointing to invest in untrusted coins that in the first case was good but after few months they become inactive. Holding for one to two years is advisable when the coins are very promising and you have the assurance of profit.
There is no guarantee of profit and will never be on the cryptocurrency market. well, maybe when the market will be regulated, but even then it will just reduce the risk of loss, but does not guarantee profit
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December 09, 2018, 04:02:14 PM
 #60

Be careful with holding alts for few years.
I am prefer hold only strong coins, 90% of today alts cant survive in the next year

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