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Coroline
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July 03, 2019, 05:42:57 PM |
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- You might end up holding dead coins if the project gets abandoned
- You might miss swaps and end up holding worthless tokens
- Delisting of coin/token and you miss the withdraw period (in case you store coins/tokens on exchanges)
Take time to follow news/updates on the coins/tokens you invested to minimize the above listed risks. Checking up their telegram/discord/social media once or twice a month will help. it's true that I experienced that when I held a coin to invest and when I opened the coin it was removed from the market authors if you knew that there were no updates on telegrams or other social media and finally the token was dead and for now I had to monitor the coin at any time which I invest if I don't want to repeat it again and it will make a loss |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ridha inoue
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July 03, 2019, 05:46:02 PM |
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hold altcoin in long time is not bad decide.
look ETH, BNB, Cardaoo and other altcoin is growing so good same like Bitcoin.
so why it have some risk if hold Bitcoin is not have a risk.
risk is always be there but how can we control it that will no risk there.
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM |
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rosezionjohn
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July 03, 2019, 06:29:55 PM |
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Take time to follow news/updates on the coins/tokens you invested to minimize the above listed risks. Checking up their telegram/discord/social media once or twice a month will help.
You can also add here, check all your emails. I had a coin that was delisted on an exchange and I was not able to withdraw because I did not see all the notices sent on my email. |
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cunguks
Full Member
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Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
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July 03, 2019, 06:36:51 PM |
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Delisted coins are usually announced on the social media pages of both project and pre-listed exchange. Giving a priority to the exchange related mails can save a lot of time if such case happens ever. Long term holders should be afraid of such events.
it is a risk for long-term investment in new coins. for some old coins that are already strong like ethereum I don't think they will be removed from the exchange list. |
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ahmed04
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July 03, 2019, 06:38:15 PM |
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This issue will always be relevant. Few people think about what to sell their coins at the right time the most difficult task. This is complicated by the fact that we do not know the market opportunities and do not have analytical data.
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monalia
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Merit: 14
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July 03, 2019, 06:57:18 PM |
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I want to ask you one thing, can you can us with your erc20 to show how many tokens you are using right up with your earning or investment buddy. I always love to invest on alts and font mind hold that for long term. If that is really worth it will grow higher in one day when the value was emerging. We always need to be choosy investing on any cryptocurrency.
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romero121
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July 03, 2019, 07:03:39 PM |
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Always being active on the market will not let us get into risk. Even if we have the worthless tokens or altcoins we can make the right move at the right time. Just because we've planned to keep hold for a much longer time period, we should not leave as it is. This is where people get into risk, and following regular updates will keep us away from loss due to delisting and swaps.
Also we should not stick to targeted profits, it is always good to go with the market. Even after holding long term we won't profit big with some coins on which we could've missed the opportunity to trade in between when the market was progressive.
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adzino
Copper Member
Hero Member
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Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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July 03, 2019, 07:08:56 PM |
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- You might end up holding dead coins if the project gets abandoned
- You might miss swaps and end up holding worthless tokens
- Delisting of coin/token and you miss the withdraw period (in case you store coins/tokens on exchanges)
Take time to follow news/updates on the coins/tokens you invested to minimize the above listed risks. Checking up their telegram/discord/social media once or twice a month will help. This is going to happen if you invest on some random new coins. So, if you are want to hold altcoins, then invest on coins that are well known and has been on the market for a very long time. Just make sure you do your research before investing on a new coin. If you store your coins on an exchange, this shows that how irresponsible you are and you deserve to lose your coins (sounds harsh but thats the truth). |
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eidoscore
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Activity: 723
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STABILA [STB] - Decentralize The Financial System
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July 03, 2019, 07:39:25 PM |
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I should have sell most of the coins I'm holding now but I refused thinking that they will grow in the future but I'm glad I'm not a relying type so I still keep hunting for more coins ,so I have better ones I never thought I would have today ,not all coins are worth holding for long term
for condition like now even bitcoin price are increased but altcoin price undervalued and if this condition keep running in long time i think many investor or trader are frustated for looking market condition |
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Cryptrx
Jr. Member
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Merit: 1
Worlds Simplest Cryptocurrency Wallet
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July 03, 2019, 07:45:20 PM |
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Any long term hodler who doesn't check in from time to time will have himself to blame because a lot can happen. Delisting, exit scam, price dump and so on. It's best to hodl proven coins for long term than just any coin.
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Tungsten-1
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July 03, 2019, 08:39:21 PM |
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Always being active on the market will not let us get into risk. Even if we have the worthless tokens or altcoins we can make the right move at the right time. Just because we've planned to keep hold for a much longer time period, we should not leave as it is. This is where people get into risk, and following regular updates will keep us away from loss due to delisting and swaps.
Also we should not stick to targeted profits, it is always good to go with the market. Even after holding long term we won't profit big with some coins on which we could've missed the opportunity to trade in between when the market was progressive.
The secret behind the billions of Warren Buffett is nothing but investment and investment in stocks that were not purchased by all out there. So despite the low value addition in Altcoins, you should really invest your trust in it. And there is risk in every investment for you do not know when the market would crash but you have to beat the market cycle and hence crash to make money. |
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romanij
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July 03, 2019, 08:44:00 PM |
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A lot seen cases when people often cry that they didn't sell their coins. Other people, on the contrary, complain that they have a lot of impaired tokens in their portfolio. Therefore, try to visit the expanses of this forum more often and follow the news on the crypto-currency exchanges.
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Cianix
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July 03, 2019, 09:16:44 PM |
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Updating news is publishe in Telegram and Twitter. You can check every week before hold any token for long time. This rules for new altcoins in crypto.
Now generally it is better to refrain from investing in long, as it is better to buy those coins that are included in the bullish trend and then buy , as you can buy the coin that just falls and does not rise. |
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otong
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July 04, 2019, 02:05:41 AM |
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I only keep altcoin in the top 10, so it is safer than holding altcoin, even though the profit may not be equal, but safety is still a priority.
indeed, fundamentally every investment with a digital currency, crypto and altcoin currencies all have risks and advantages for each and as an investor we must be able to choose any investment that has a low risk and if you are sure of what you invest the greater the risk you get benefits to be gained |
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Mighty_crypt
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Merit: 21
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July 04, 2019, 02:13:58 AM |
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Long term hold is only safer if you are holding top 20 crypto coins and tokens ,its even more risky if your coins and tokens are new projects and their will be no guarantee that they will live for long but yet we still have new projects that will make it to top 20 someday ,my advice is to stick with doing better research
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Menawi12
Member
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Activity: 700
Merit: 10
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July 04, 2019, 05:18:08 AM |
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- You might end up holding dead coins if the project gets abandoned
- You might miss swaps and end up holding worthless tokens
- Delisting of coin/token and you miss the withdraw period (in case you store coins/tokens on exchanges)
Take time to follow news/updates on the coins/tokens you invested to minimize the above listed risks. Checking up their telegram/discord/social media once or twice a month will help. I agree, I have several altcoins that have no value because the project fails or there is no development. In addition there is no transaction value on the market that makes the price fall very deep. Indeed investing in altcoin is very risky and we should choose altcoins that have large transactions and traded on large exchangers |
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Kasabus
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July 04, 2019, 06:01:25 AM |
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Long term hold is only safer if you are holding top 20 crypto coins and tokens ,its even more risky if your coins and tokens are new projects and their will be no guarantee that they will live for long but yet we still have new projects that will make it to top 20 someday ,my advice is to stick with doing better research
Obviously that is true since top 20 has the most volume in the market, therefore the team had the funds and at the same time they are inspired to develop the project further, but please put in mind as well that top 20 could result to less profit compared to the riskier but undervalued assets below top 20. |
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Ekyfitri
Sr. Member
Offline
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
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July 04, 2019, 06:04:13 AM |
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Obviously that is true since top 20 has the most volume in the market, therefore the team had the funds and at the same time they are inspired to develop the project further, but please put in mind as well that top 20 could result to less profit compared to the riskier but undervalued assets below top 20.
you are right, it all depends on price movements in the market. if they are unable to increase trade I think it will be an investment that does not make a profit. we must be able to analyze assets that have the highest possible market movements. |
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Callanta787
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July 04, 2019, 06:22:36 AM |
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There are risks in holding tokens or coins and at the same time there are risks in quickly selling coins and tokens while you can ,this is just normal procedures of crypto ,risks is involved in every corner of crypto
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Reid
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July 04, 2019, 06:32:03 AM |
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Must be checked once a week. It cannot be just left there to rot for there are a lot of times they change rules or swap it to have a higher amount of tokens.
I have like 10 erc20 tokens which are all dust now. Didnt even saw what happened. Most of them reached the soft cap but yet still got bankrupt.
Another is left in an exchange which now doesnt exist anymore. They say they are just updating but it had been a year.
So those exchange are black holes too. Careful with that. Better make a wallet for it.
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