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Author Topic: Be careful of alts you hodl  (Read 25066 times)
bastian466
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July 24, 2019, 06:36:23 PM
 #121

That is why if we hold coins we must always check the progress at any time whether or not to move actively do not be careless because information is very important to determine the short term decision that will be taken

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1714472429
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July 24, 2019, 06:42:05 PM
 #122

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.

Infact, their is no coin or token worth holding for most of the new project as long as I am concern. It is better to sell off during the HYPE and protect your capital. Most of them will failed to surface after a period of 5 years since they don't have strong fundamental. We need to be extra watchful and careful on the type of project we choose to hold for long and not for short period

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July 24, 2019, 07:50:03 PM
 #123

That's if you are looking at short term because for me am looking at long term investments but all the same your observations are so real and pure.. One must be careful which ever place he place his investments
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July 24, 2019, 08:20:31 PM
 #124

yes you are right some without progress we have to be really careful if we hold alts make sure we check frequently,if the project does not have updates immediately take off before it's too late,and I personally for long-term investment, I chose the top alts.

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July 24, 2019, 09:01:59 PM
 #125

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 right, you know this is one of the disadvantages o see with holding cos at time you can't tell what will happen in the nearest  future and that's why once I see I have made enough profit, I sell off

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July 24, 2019, 09:17:56 PM
 #126

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.
Its just shows that only the valuable alts will stay and not all altcoins are able to maintain their position especially if investors are dumping to take profit.

Hold well-established altcoins to ensure its not going to be a shitcoin in the future. Conduct a research and dont rely with others suggestions.

Chainsmokers
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July 24, 2019, 10:01:04 PM
 #127

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.
What coins are you talking about, at least you can share your experience with others about the coin and maybe the cause of the coin is almost non-existent. Indeed, we need to be careful with the investments we make, it is very necessary to observe the market movements from day to day to decide the next step we will take with the coins we are holding.
Karlinz
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July 24, 2019, 10:19:36 PM
 #128

I don't think holding too long alts to be a very smart decision, their tend to be huge volatility around alts than Bitcoin and it is known that during dump, altcoins hardly recover faster than Bitcoin, so one should be careful of how much alts he intends to hold and how long. Have seen someone whose total alts portfolio dropped from about 2btc to less than 0.03btc

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July 24, 2019, 11:01:31 PM
 #129

Do you believe it's feasible for another undertaking with no underlying wellspring of subsidizing (no ICO or anything like that) to make it? Back toward the beginning of crypto, it appears as though it was workable for a venture to be fruitful if there was a smart thought to expand upon since there weren't numerous different projects around. Nowadays, there are a large number of projects. By what method can a newcomer get took note?
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July 24, 2019, 11:09:21 PM
 #130

I prefer to use top10 coins, other coins are the bulllshit, which was created during the hype around crypto industry
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July 25, 2019, 12:16:21 AM
 #131

The problem with holding altcoins is that at times we let our emotions before our senses, we feel attached to a certain altcoin that even when it becomes illogical to keep holding we still make excuses and keep believing that it will moon soon.
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July 25, 2019, 12:47:33 AM
 #132

Most altcoins failed woefully and as such where overtaken by others; this is one of the signs that shows that blockchain is growing. There are many projects coming up nowadays, if they fail to bring in more innovative solutions they will not last long term because this space is now highly competitive.
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July 25, 2019, 01:00:11 AM
 #133

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.
Usually this happens due to the fact that developers simply do nothing with the project, do not produce a work product, but it also happens that they simply cannot, due to lack of funds or time.
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July 25, 2019, 01:44:23 AM
 #134

Altcoins future has now turn to a more scary unknown future and its already spreading on the news that altcoins may never get back to their all time high ever again even if bitcoin hits 100k,scary indeed
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July 25, 2019, 01:53:14 AM
 #135

Altcoins future has now turn to a more scary unknown future and its already spreading on the news that altcoins may never get back to their all time high ever again even if bitcoin hits 100k,scary indeed
Yes, we must be careful in choosing Altcoin that we will hold for the future, we must invest in Altcoin which is really good, like Ethereum, BNB, XRP and Top 100 CMC which I feel have security and have a strong team in inside it.
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July 25, 2019, 03:22:36 AM
 #136

I think we shoul be aware what we hodl or we stay updated from time to time on what we hold, because it is important so that we are aware what is going on and what is happening in our coin we hold. If we are not updated then there would come a time we didn't expect that some of we hold is non existent alredy in the market, or the coin is delisted. So we should be following their social media accounts and other sites so that we know what is new abou what we hold.
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July 25, 2019, 03:28:25 AM
 #137

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.
So many shitcoin in 2017 when ICO booming, i think top 20 altcoin is good for long term and IEO coin right now still good for short term investment and risky for long term..
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July 25, 2019, 04:00:50 AM
 #138

Coinmarketcap might have delisted the coins due to lack of volume, but it doesn't mean they are out of the market.
Things will change once the market will again be as good as in 2017, or even better, then suddenly we will see them added back again in the coinmarketcap.

Risk is already present in the market, everyone should be careful all the time, not only with altcoins but also with bitcoin.

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July 25, 2019, 04:30:14 AM
 #139

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.

Right, maximum altcoins that i hold are now almost vanished. I am undone by holding altcoins. Previously we knew hold is gold but now hold is the main cause of becoming loser. If altcoins doesn't started to stop decline, maximum altcoins will be ruined in the near time.
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July 25, 2019, 04:46:00 AM
 #140

Coinmarketcap might have delisted the coins due to lack of volume, but it doesn't mean they are out of the market.
Things will change once the market will again be as good as in 2017, or even better, then suddenly we will see them added back again in the coinmarketcap.

Risk is already present in the market, everyone should be careful all the time, not only with altcoins but also with bitcoin.
I agree. altcoin which has no potential for more potential to exit the coinmarketcap because of its minimal volume. although this applies to all coins, including bitcoin, but I think bitcoin is the safest, because it has the greatest liquidity.


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