Be careful of alts you hodl

[Flezy]

Those altcoins that died or became a shadow of themselves are hyped coins thus trending at the time being and dieing off at the long run. On the other hand, those who had something solid are waxing strong even till today and this is the type of projects we should be looking at or holding; projects with long term sustainability.

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[mr_random]

Many of those alt coins that do not work well or projects that do not come true are seen at the end of the day scam. They should be real projects and coins for many years as a top coinmarketcap and must be invested well. Should be verified and invested.

The projects with real working products will be considered by the crowd but the scam projects will continue to scam as much as possible sufferers. Invbesting to the proper projects have some requirements from each investor. An investor should understand and accept the risks associated with the volatile financial markets.

[ali115112]

As i also suggest that don't hold unknown or not well reputations coin , you should always hold top 20 coins and should set your stop loss sothat you don't need to hold long run.

[desticy]

Little by little the old altcoins give way to the new. Therefore, it is important to get rid in time of coins that in the future do not have much chance of growth compared to their newly minted counterparts.

[Tapyaks72]

Little by little the old altcoins give way to the new. Therefore, it is important to get rid in time of coins that in the future do not have much chance of growth compared to their newly minted counterparts.

 

But there  are still who dominate until now it still exists, those are coins that  we need to benchmark, we should study why it exists that long, how the roadmap being developed,  it is our guide in selecting real coins that don't just vanishes by the time.

[Dannaey]

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.

Yes, that is right. I have a few coins who reached a good price in 2017 but suddenly just disappear and decided to not continue. Even those coins who are existing until now but the price is very very low compared to what I bought them. It is a big factor why this happened because of the sudden decrease in Bitcoin's price.

[rhodelmabanal]

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.

Yes, that is right. I have a few coins who reached a good price in 2017 but suddenly just disappear and decided to not continue. Even those coins who are existing until now but the price is very very low compared to what I bought them. It is a big factor why this happened because of the sudden decrease in Bitcoin's price.

Getting rid of shitty coin value cannot be stopped and since we're still not recovering from that worst situations, we cannot move on. If we're carefull and decisive enough during 2017, maybe we're not this kind of hopeless right now. You're not alone thinking this way mate, because many of us felt the agony.

[odukoyaewatomi27]

You are very right. The best thing to look out for when choosing a good altcoins to hold (especially for long term) is a good product and the longevity of the project. Most projects are just after the initial profit and then go into extinction.

[Kings5050]

This is a very good advice, although am a newbie but when I got started my friend was quick to advice me on the type of tokens to hold and I followed his direction. What I have learnt is, most altcoins have nothing to show for they are just hype and that's all; reason most die off sooner than later.

[jonaire99]

Always do a research first on the coins you want to invest and hodl, Coins with active developers and supportive teams will surely stay long in the cryptomarket. These developers keep upgrading or innovating their coins to meet the challenges that lies ahead thus keeping also their coin on the top of the market.

[renault18turbo]

You should be very careful with alts. Back in time I had many altcoins and I had no time to monitor each of them. So I lost a good part of my holdings

[Hans Groober]

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.

No need to store all altcoins for a long time. Sell them as soon as the price rises and you have the opportunity to earn. You can also sell and fix losses if the price is constantly falling and there are no prospects for growth.

Only altcoins from the top 20 list can be stored for a long time.

[retnoanjani]

Always do a research first on the coins you want to invest and hodl, Coins with active developers and supportive teams will surely stay long in the cryptomarket. These developers keep upgrading or innovating their coins to meet the challenges that lies ahead thus keeping also their coin on the top of the market.

Projects that are working products and real uses, will certainly always innovate and develop projects. Then the analysis is very important to determine the right time to sell and hold. By understanding the roadmap, we will also find out the team's seriousness in developing the project.

[Razerglass]

Always do a research first on the coins you want to invest and hodl, Coins with active developers and supportive teams will surely stay long in the cryptomarket. These developers keep upgrading or innovating their coins to meet the challenges that lies ahead thus keeping also their coin on the top of the market.

Projects that are working products and real uses, will certainly always innovate and develop projects. Then the analysis is very important to determine the right time to sell and hold. By understanding the roadmap, we will also find out the team's seriousness in developing the project.

It is meaningless to think about the loses. I don't invest in the small projects that never will reach the goal of the whitepaper. Projects usually have goals which they don't reach in the bear market and they take responsibility after blaming the bad market circumstances.

[Musekay]

I think before going in for the hodl, you have to read well about the alts and see what they aim for on the long run and how they aim to acheive that.

[samcrypto]

You should be very careful with alts. Back in time I had many altcoins and I had no time to monitor each of them. So I lost a good part of my holdings

I also made a mistake like that before, and now that altcoins are gone and have no value at all. We have to take care always because even the strong altcoins can also go down, so watch always. If you have many coins better to reduce it with the most effective coins that you have, more holdings meaning more stress to me.

[Leo]

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 are lots of shitcoins in coinmarketcap,  Cmc is more concerned about the trading volume,  irrespective of if the coin is having a good team or working products,  so I won't be surprise if lots of coin on coinmarketcap are no longer there

[blue_hurricanger]

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.

It's not fair to take 2013 as a point since back then, cryptocurrency was quite young and immature. Not many good coins back then so there's a reason why they've gone if we looking at today.

[simpelplan]

if you want to invest in the long run, make sure you choose the top coins or altcoins in the top 10 at CMC, most of them have further price developments, but you also have to pay attention to the market situation including the coins you invest, and not recommended if you invest in dead coins or don't have price developments. this is very risky

[Aryleeto]

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.

New technologies always come and old go , I think you should not keep many coins in them because there is always the risk that the coin will disappear and will cease to develop.