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Author Topic: Be careful of alts you hodl  (Read 25066 times)
sarrpora
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July 21, 2019, 10:08:25 PM
 #81

Generally, I agree with you, but I also evaluate the innovations. And as for now, are there any advanced projects you follow?

Well, there are 2 main ones, but the most advanced is pukkamex - have you heard of them? The guys are rather popular and are very widely discussed these days
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July 21, 2019, 10:09:26 PM
 #82

Well, there are 2 main ones, but the most advanced is pukkamex - have you heard of them? The guys are rather popular and are very widely discussed these days

Pukkamex sounds very familiar, must have heard of them from several friends. But would be great if you can briefly remind me what they are bringing
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July 21, 2019, 10:10:31 PM
 #83

Pukkamex sounds very familiar, must have heard of them from several friends. But would be great if you can briefly remind me what they are bringing

Well, pukkamex is the world’s first leveraged cryptocurrency derivative trading platform that shares its revenue with its token holders. And it is easy to use for the beginner and powerful enough for the most experienced trader. Basically, pukkamex offers features never seen before Wink
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July 21, 2019, 10:14:57 PM
 #84

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.


Exactly mate to minimize and avoid loses holding some shitcoins we need to regular monitoring if have an improvement to get decision quick if we need to sell it quick before too late to deleted into exchange market list. Holding shitcoins is very risky but some of this is give more chance to get earn huge profits.
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July 22, 2019, 01:43:58 AM
 #85

Yes, it may become nuisance to HODL too much Alts. If you don't want to get stressed, you should choose wisely and limit your ALTs on your portfolio. Why would you waste your time on monitoring unstable Alts. You can have from top 10 to top 20 as an option to bag.

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July 22, 2019, 02:14:56 AM
 #86

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.

This is precisely the reason why I am trying to minimize my altcoins right now. I am also making the same constant monitoring of altcoins. And I notice that altcoins are dying as easily as they are also multiplying easily. They are replacing one another too quickly. I therefore think that HODLing of altcoins is very risky. The competition is very tight and the technology is also very fast. One huge altcoin today could be replaced tomorrow.
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July 22, 2019, 02:17:24 AM
 #87

Yes, it may become nuisance to HODL too much Alts. If you don't want to get stressed, you should choose wisely and limit your ALTs on your portfolio. Why would you waste your time on monitoring unstable Alts. You can have from top 10 to top 20 as an option to bag.

It is a matter of our choice and I have to decline also those coins that aren't performing well even it belongs to the top 20 altcoins in the market. We have to be practical and ain't gonna be in good to hold for many years with zero percentage inclement. It is better to put some more in a single coin or two rather than of spreading into numerous coins. It'll be safe by then.

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July 22, 2019, 02:29:56 AM
 #88

Too many people look at what the coin promises rather than the development team and actual technical information.

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July 22, 2019, 02:56:26 AM
 #89

I think it is better if we are making ourselves updated on the coins you have. If you think that that coin losses its price and can't reach your desired price, let it go and find another coin. Be a good investor and being a good investor is being updated all the time.

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July 22, 2019, 03:12:49 AM
 #90

I think it is better if we are making ourselves updated on the coins you have. If you think that that coin losses its price and can't reach your desired price, let it go and find another coin. Be a good investor and being a good investor is being updated all the time.
we have to move on from  old coins to new coins to recover our loss there.as traders we have to quicky changes strategy if something wrong happen in our portofolio.don't just hold it till its value in cheapest price.

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July 22, 2019, 03:19:48 AM
 #91

yes. It is true.
it is very difficult to predict coins for a long time.
a coin is certainly very difficult to be in the top position, especially when there are so many new coin coins. of course the competition is getting harder.
for altcoin I think it's better to set up day trades to be safer
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July 22, 2019, 03:20:44 AM
 #92

that's a common thing in the crypto world, some coins that die because they are no longer able to compete with new projects, but some are still surviving until now because they continue to make the latest investment in their coins, I have a few coins that are indeed quite famous in the past 2 years, but until now the token shows no improvement at all.

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July 22, 2019, 03:27:35 AM
 #93

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.
Can you show what the coin is, because if I noticed that the coin in the top 20 is always good for us to make a long-term investment. I believe if we choose coins in top 20 at coinmarketcap and hold it for long term Investment then we will get the profit.

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July 22, 2019, 05:53:30 AM
 #94

Yes always, lot of scams and people cheated, for safety of your money still the best to hold main coins and some good alts.

I am focusing now on(which I always hold)

BTC
ETH
LTC


While investing some resource on alt projects that I strongly believe to be strong players in their own field later in the future

Monero
Zcash
Ebakus
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July 22, 2019, 06:22:11 AM
 #95

Absolutely not all coins are worth holding just  look into the future of the coin you try to hold for the future and see it uniqueness in the upcoming years and draw your conclusions. Most coins  we hold are worthless.

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July 22, 2019, 07:15:24 AM
 #96

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.

I agree, when we choose altcoin as an investment, we must be careful. Many altcoins are not supported by a product or are supported by a strong team. Safe options for altcoin are those in the top 10 coin market because they already have products and are also traded in great value

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July 22, 2019, 07:29:12 AM
 #97

Ever since i got blown out on some altcoins, i have decided not to follow hype but to take my time in carrying out due research on the project before joining the investors. Most investors suffer from hypes and are blinded by the promises made the team rather than go extra length to know more about the project and the team of developers.
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July 22, 2019, 08:45:31 AM
 #98

I think long term investors should be more concern about the subject matter because some project(s) team do not really care about their investors; which is very bad.

Investors should look out for potential projects with a real and usable products.
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July 22, 2019, 08:58:06 AM
 #99

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.
one thing I have always know for sure is that many of this project will die off either in the long term or short term. Soon, we will only see stronger projects with good use in the market.

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July 22, 2019, 09:08:28 AM
 #100

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.
Holding some of these coins or tokens we have is take a very high risk because some of them  are not going to survive in the long term and keep holding them is going to  make you lose the whole of your investments on those coins. I remember that I invested in a coins in 2017 during the cryptocurrency boom. Today the project is dead and when it was listed in the market if I sold then I could have made huge profits then. Bitcoin and some few coins  are going to survive especially when the libra coin hit the market and that means you will lose if you hold till those coins became valueless.
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