Be careful of alts you hodl

[kampretuser]

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 once saved the Titanium Bar (TBAR) token for a year from the bounty. When I receive the token the price is still around $ 7,000 and I don't sell it right away because I still want to save it. After a few months, I checked the price again and it turned out to be ash. I don't know what caused it, but from this, I began to diligently check the progress of the projects that I had followed.

[1714694863]

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[1714694863]

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[udidrone]

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 get that experience too btw. Because i hold some tokens since i join bounty campaign from first time. And it not really good at development. Maybe holder altcoins or maybe tokens for long time is not a good idea.

[fortunecrypto]

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.

2013 is a developing year for the Cryptocurrency, it is in its infancy and some of these are a clone of Bitcoin that cannot generate support from the community because there are too many coins coming in the market, the source code is open anyone can create their own coin.

[MisterLangley]

When there is no story to save coins in the long run. But I'm sure ETH can survive. But, I hesitate to last long term. Apart from ETH coins, I did not dare to survive.

[oxgroth]

You are right. A lot of coins have a price only while high btc rates.
A lot of projects doesnt have real value

[bitkanu]

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.

2013 is a developing year for the Cryptocurrency, it is in its infancy and some of these are a clone of Bitcoin that cannot generate support from the community because there are too many coins coming in the market, the source code is open anyone can create their own coin.

Also to note that the market capitalization is relatively low compared to now that's why the changing of position between the alts top ranks are very common although the code for bitcoin is open source but most of the time they are just cloning bitcoin with different name.

[(o)(o)ilikeboobs(o)(o)]

That's very common thing in this kind of market. Thousands altcoins born to replace bitcoin, and now, where are they after all
Just bitcoin standing, even eth and xrp, 3 years ago they just nothing but some shit coin, but who knows, some day there will be another coin that replace 2nd and 3rd, but 1 thing for sure, bitcoin would not be replaced so soon

[hohuan101]

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.

That's right. What should we do to avoid that situation? I really want to hear from you about this. I joined Crypto 2 years ago but i didn't a good player. So, Can you tell me what the tokens i should choose to buy?

Have a nice day bro!!

[BitcoinTurk]

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.

We need to do serious research on long-term investments, constantly follow the market and have a wide knowledge about our portfolio. Especially in today's market conditions, it is necessary to think very carefully that many projects have lost value in price. On the other hand, if we look at the market history, we will reach the conclusion that we should never invest in a single option with all the money. Unfortunately, there are various damage options, such as nearly 100% depreciation, the loss of tokens or coins from the market, or scam projects.

[CryptoIyke]

Alts are more dangerous than Bitcoin when it comes to volatility and dumping, the hardest is that they hardly recover quickly after dump unlike btc, most alts are yet to get to 1/3 of their all time high while btc has done more than half and remained relatively higher above it. Hold but me smart about it.

[#Darren]

There would be always a lot of coins that won't make it in the future, thats why it is very important to monitore every single asset that you are holding to be up to date and not to lose a lot of money if something gets worse.

[Shymko]

You are right. A lot of coins have a price only while high btc rates.
A lot of projects doesnt have real value

Agree, there are many altcoin that are not real value. A few days ago I read an article, they said that the real value of XRP is only about $ 5 billion. I'm really bewildered if altcoin continues to collapse in the coming months.Even the price may drop 5-10 times from the present

[NeelMariaWarner]

yes that is what we need to be aware of before investing in the long term, not just investing with dead coins. my advice if investing in the long term you need to invest in altcoins that are already listed in the top 10 at CMC. but you also have to always remember to always look at the market situation and the coins that you have invested.

[kalstarzz]

we have to be very extra-careful now in choosing alt for our hold, because there are currently too many alt down. but we also should not be too negative on alt, because in reality there are alt that have a pretty bright future.

[emberbekas]

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.

That is why when we hold unpopular coins, especially new coins, we will need extra effort to follow the development of these coins, if not, we may be late to make the necessary decisions. It will be different if we hold popular coins / coins that are already well-established, which of course will be convenient to maintain because news about such coins will be easier to obtain.

[Rahman11]

That's a cruel situation for altcoin holders! my advises for holders no need to hold for long-term all alcoins, most of altcoins will can't survive for long time! you can hold just prime coin like ethereum litecoin bch etc.

[aimata27]

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 too invested on altcoins before that are now dead. Most of them are only active on the first but when the bear market came all of their development stopped. This is why we need to be more careful on altcoins that we are going to invest in.

[azimeert]

In my opinion, the choice of the altcoin is rather important, cause there are many criteria that matter a lot. And as for you, what do you pay attention to?

[sarrpora]

In my opinion, the choice of the altcoin is rather important, cause there are many criteria that matter a lot. And as for you, what do you pay attention to?

As for me, I start with evaluating the idea, then proceeding to team, then to value product brings. And in my opinion, there are some very advanced projects these days

[azimeert]

As for me, I start with evaluating the idea, then proceeding to team, then to value product brings. And in my opinion, there are some very advanced projects these days

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