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Author Topic: Be careful of alts you hodl  (Read 25066 times)
tippytoes
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July 25, 2019, 10:50:22 PM
 #161

Nearly all altocoin are garbage and are unable to increase value in the long term.  You need hold Bitcoin and the rest of the market should only choose 3-5 Altcoin and only spend about 20% of the money available to them.

Most altcoins are really worthless and a lot of them are already delisted in their respective exchanges. Be careful in altcoins that are pump and dump. More than likely, you will be left as bag holder with crap tokens or coins. Bitcoin is I guess still the best coin to hold in long-term. No one beats the original!  Grin
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July 25, 2019, 11:16:41 PM
 #162

I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.
Correct.Most of the coins died after initial hype.But most of the coins as of now has  a good value just like ethereum and bitcoin.I recommend hold these coins for a long term for sure this will be a good profit in the future.

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freedomgo
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July 25, 2019, 11:18:52 PM
 #163

I suggest buying Coins released by Exchange ... the Example like BNB from binance. The BNB is a trustworthy exchange, so long as that coin falls, there is certainly hope to rise again. if you rely on the hype of a new coin, it requires luck
I have the same idea, buying exchange coin like BNB, KCS , and Houbi coin is a great investment, this exchange would continue to operate and make money and that would make them compete which would result to improve on the exchange. Also, considering an increase of adoption over time, the coin value might grow.

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July 25, 2019, 11:20:03 PM
 #164

I was just looking at the coinmarketcap table since 2013,
2013 may as well be an eon ago in the world of altcoins--I don't know how many new altcoins have come to market since then, but I'm pretty sure they number in the hundreds.  Thus it isn't surprising that those once "popular" on Coinmarketcap 6 years ago no longer are.  I don't care for the market cap metric when it comes to cryptocurrency anyway.

As far as being careful with the coins you hold, there's no way to tell which ones are going to retain their value, their popularity, or their developer support over time.  A lot of them promise great things, but in reality most are just get-rich-quick schemes for the people who crank them out.  My advice would be to hold off on buying any brand-new coin entirely and wait until there's some history behind it before even considering a purchase.

I'm happy with the few PoS coins I own, because even if they don't increase in price (or even decrease), I'm still earning more coins.  That's the investing philosophy I have in the stock market as well.  If a stock doesn't pay a dividend, I'm not interested in it.

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nabilapimpo
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July 25, 2019, 11:31:33 PM
 #165

The statement that you say is true that we should be careful with the altcoins that we have. Some of the altcoins that I have are dead and this is the result of Bounty coins. Before we buy Altcoin, we must be able to do some good research and learn to be smarter. Not to get stuck in a coin that does not have a good prospect in the future.

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July 25, 2019, 11:49:10 PM
 #166

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
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July 25, 2019, 11:53:37 PM
 #167

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
Hey, no sense in exchanging to BTC, bro. Altcoins are more perspective. I personally mine ETH, great volume of trade and fast payback on ETH
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July 25, 2019, 11:56:24 PM
 #168

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
Hey, no sense in exchanging to BTC, bro. Altcoins are more perspective. I personally mine ETH, great volume of trade and fast payback on ETH
What miner do you use for such fast payback ratios? I bought myself a Z11 model but only one piece.
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July 26, 2019, 12:04:33 AM
 #169

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
Hey, no sense in exchanging to BTC, bro. Altcoins are more perspective. I personally mine ETH, great volume of trade and fast payback on ETH
What miner do you use for such fast payback ratios? I bought myself a Z11 model but only one piece.
I have 5 S17 Pro models, bought from globemining com. A decent asic selling site, have you seen it?
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July 26, 2019, 12:06:37 AM
 #170

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
Hey, no sense in exchanging to BTC, bro. Altcoins are more perspective. I personally mine ETH, great volume of trade and fast payback on ETH
What miner do you use for such fast payback ratios? I bought myself a Z11 model but only one piece.
I have 5 S17 Pro models, bought from globemining com. A decent asic selling site, have you seen it?
Oh, I have purchased there as well, but standard S17 model, not a pro. Did you bought a long time ago?
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July 26, 2019, 12:11:07 AM
 #171

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
Hey, no sense in exchanging to BTC, bro. Altcoins are more perspective. I personally mine ETH, great volume of trade and fast payback on ETH
What miner do you use for such fast payback ratios? I bought myself a Z11 model but only one piece.
I have 5 S17 Pro models, bought from globemining com. A decent asic selling site, have you seen it?
They are selling in US? Or in EU? Is it possible to order outside us?
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July 26, 2019, 02:38:19 AM
 #172

I suggest buying Coins released by Exchange ... the Example like BNB from binance. The BNB is a trustworthy exchange, so long as that coin falls, there is certainly hope to rise again. if you rely on the hype of a new coin, it requires luck
I have the same idea, buying exchange coin like BNB, KCS , and Houbi coin is a great investment, this exchange would continue to operate and make money and that would make them compete which would result to improve on the exchange. Also, considering an increase of adoption over time, the coin value might grow.
exchanges coins like mentioned above have good future.if market totally recovered and many huge investors came in, they will operate more services to investors and traders.and ofcourse it will give them more fee transactions and profits that could provide more feature to their customers.if traders and investors satisfied with this, they will buy this exchange coins.

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July 26, 2019, 07:49:40 AM
 #173

Is there any sense in holding altcoins or better to exchange them immediately on BTC? And what altcoins better to mine?
Hey, no sense in exchanging to BTC, bro. Altcoins are more perspective. I personally mine ETH, great volume of trade and fast payback on ETH
What miner do you use for such fast payback ratios? I bought myself a Z11 model but only one piece.
I have 5 S17 Pro models, bought from globemining com. A decent asic selling site, have you seen it?
They are selling in US? Or in EU? Is it possible to order outside us?
Globemining is selling worldwide, however I have bought in US. I guess in EU shipping is a bit more expensive.
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July 26, 2019, 07:53:35 AM
 #174

And why you recommend globemining over other sites? Or used options on crowd markets?
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July 26, 2019, 08:18:18 AM
 #175

And why you recommend globemining over other sites? Or used options on crowd markets?
That's because globemining was the only shop I have ordered to. There are not so many such stores in fact, especially in US. But I can strongly advise to rely on their professionalism
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July 26, 2019, 08:20:37 AM
 #176

And why you recommend globemining over other sites? Or used options on crowd markets?
That's because globemining was the only shop I have ordered to. There are not so many such stores in fact, especially in US. But I can strongly advise to rely on their professionalism
I wish they had a free shipping cost... As when I ordered I have paid 100 USD to see my order being shipped to my location  Roll Eyes
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July 26, 2019, 09:04:51 AM
 #177

I agreed with you , i also know some coins that was started at good price but now they are not well or removed from exchanges or swaped to other token or coins, so should not buy or hold any unkonwn coin or token.

Altcoin is indeed high risk and many factors cause it. One factor is that the project does not work according to the roadmap and the developer team starts leaving the ongoing project so that the project fails. This makes investors start selling at any price

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July 26, 2019, 09:32:36 AM
 #178

It can drive us crazy, I think it's not just me but for the majority of the crypto market participants. Its growth and dump are too sudden and fast. It seems that long-term investment will be better for our mood. Should keep calm before everything happens.

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July 26, 2019, 10:11:34 AM
 #179

I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.

There aren't many altcoins that can last for years. This is because altcoin is a risky investment and investors always choose new projects as an investment tool to gain profits quickly. Usually a coin that can last for years is a coin traded on a large exchanger and has good liquidity, but even then it is also not a guarantee that the project is good
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July 26, 2019, 11:15:41 AM
 #180

I have countless coins in my portfolio whose value fell from ATH to 1 sats and most of them raised loads of money during the ICO era.

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