Be careful of alts you hodl

[killat]

You should not keep more than ~25% from your holdings in altcoins.

Crypto market is cyclical, bull and bear periods will come, but overall altcoins will not behave better than Btc on longterm.

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[asajapheth]

To be honest; I regret hodling most of my altcoins for long. They should be sold as soon a possible.

I spent weeks studying each of the altcoins I hodl, even going as far as identifying use cases. They all seemed prospective solid team and idea, but just take a look at CMC.

[Chicky213]

Yeah many coins development are ignored by the team after they got profit, we must be carefully whenever holding altcoins for long term, always up to date with the newest information from that project. Don't you hold some coin that will be delisting on market, that is sign they are no more hope to grow up.

You made alot of sense, one need to follow the progress of any altcoins which they hold,especially if it's not among the Top 20 coins listed. Go through their Telegram Community, visit their social media pages and find out new information about them.

[Xalata]

Some projects really surprise me as to how they turn out to be shit within a very short time. We need to be very careful with the coins we hold, if you don't believe much in a project, convert the coin to a more stable one instead of holding a coin that will turn out to be shit.

[mdenys]

It is true ,there are too many coins from suspisious projects on the market, I prefer investing my money only in solid projects with a honest CEO and a good team.

[VIP BTC]

a number of tokens die after the initial hype because they cannot strengthen the tokens after listing, this is necessary because they do not have budget funds when starting a project because we know that after registering the market moves to buy tokens they have a lot of inventory. so to choose a long-term project you must look at the number of supply tokens before holding the tokens.

[xOdiumNostrumx]

Well, there will always be a natural selection as it is on every financial market, so why the crypto one would be an exception. If you really want to optimize your portfolio, you have to constantly be up to date with the projects that you are holding, so you can eliminate them if they are under-performing. 

[ilovefeetsmell]

Of course, the first thing you have to do when you invest in cryptos is to study the market and the coins you are interested

I already invested in a lot of coins, like 15 different coins at the same time, and with this thought I lost some money
Now I prefer to have 5 coins in my portfolio and only solid coins, now I feel better and gaining money

Way back in 2017, I worked hard to make money but I ended nothing. All tokens I'd recieved from my previous campaign has lost its value. The team and developers neglected their responsibilities in their project.

I hold my tokens before because I believe that the longer you hold, the value will increase but I was wrong. I know all of us regret it for holding the token for a long time. I wouldn't say that all tokens are the same, it is up to you on how much you believe on alts.

[safem]

I want to agree with you that there is a need to be absolutely careful with regards to the coins that one is holding for long period of time. Some coins whose prices were initially high on CMC during their first launch in exchange are actually worthless now. Majority of them kept going down even when the market is rising gradually. It will not be a thing of surprise if after a while they are no more in existence on CMC. We need to monitor our coins and that we have been holding for a long time. If need be, we may sell them on time so as not to loose on both ends.

[joinfree]

Holding altcoins can be a real danger as most of them turns out to be come shit coins. I was holding several altcoins back in 2017 but now they are worth nothing and the lesson that i have learnt from this is to hold much of Bitcoin and few other altcoins probably Ethereum. For the upcoming ICOs and IEOs it is best to hold them for a while and sell it off once its price increases over the market.

[Bay_Harbour_Butcher]

I strongly agree with you, because not all coins have a good development and community, and in the end the coins will only end up disappearing, because investors will definitely sell all the coins they have, so that development and community are very important in the survival of a coin

[cryptofirm]

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.

thats why we must do our deep research first before decide to invest on any cryptocurrency my friend
and dn't forget to think about the risk and rewards,
anyway, for me the safest alts to invest in long term is the TOP 10 alts in the coinmarketkap

[thunderbitz2717]

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.

You are correct mate, We must be sure about the altcoins for long term.  Majority of them actually are good in hype but in the end it turned into nothing. Always look for the top coins in the market that listed at the coinmarketcap in which is top 10 coins. And one of the good for long are Ethereum, ADA, Waves, Pundix, Vet, and Nem.

[Rafiqul]

In fact, some coins without development and community will lost their value in the long term, we must to be carefull with the coins we use to hold.

I think, you are right. Before going to hodl alts, you need to read well about their plan, aim and how they want to acheive.

[fvb]

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.

Basically, the tokens of many projects obtained from the bounty, I try to transfer to BTC, ETH or other coins from the top ten.  Or tokens of new projects, which are long and thoroughly analyzed.  I certainly have little experience, but the strategy is already bearing fruit, although there have been many losses and disappointments.  The main thing is to move forward and not despair.

[forexandcryptoauditor]

You have made a very good point. If we hold the Alts for long term and does not look for it's updates, there are chances that project is not moving  or dead.
I have observed another situation of token swaps. If we don't pay attention to the updates, there are chances that your Alts gets swapped with other platform and thus your tokens and Investment can become obsolete.

[princerepon]

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.

You are absolutely right. Many coin's jump in the market and after couple of months there's value drop so much. Actually you need to check very carefully that project which you interested. Watch their movement, analysis there road map, see their social activity and more thing. If you think things going to wrong don't to be late sold your coin. We all know about Bitconnect. 

[louisBSAS]

With price movements in the crypto market over the past year, I was finally convinced that it was not worth keeping altcoins for a long time. As soon as they become higher than the price at which you bought them, sell better and do not wait long.

[freedomgo]

With price movements in the crypto market over the past year, I was finally convinced that it was not worth keeping altcoins for a long time. As soon as they become higher than the price at which you bought them, sell better and do not wait long.

That's the right thing to do, I should have made a good profit if I sold early but we can't go back to the past or undo our wrong decision.
Also, it's not smart to sell it now because altcoins are down a lot, we need to be more patient and wait until it will have its own rally.
Investing is really unpredictable, we think past trends will repeat but it didn't but still we need to be patient all the time.

[swiftbits]

Not all business succeed, 5 years maximum for some, if they pass through it, they probably made a great one, there's a lot of cryptocoins out there, commonly ERC tokens climb up its price when it hit the market and eventually goes down lower than its original price, but looking on the bright side, some coins succeed and helped people gain profit.