Jannyh
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Activity: 994
Merit: 4
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July 25, 2019, 05:12:37 AM |
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We really need to be careful when making a choice to pick altcoin so we don't get devastated at the end,we should do some serious research, we also need to know the team backing the project before investing. Once you know you are holding a potential coin, then you will have the feeling of security.
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Turkish88
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July 25, 2019, 05:21:02 AM |
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Cryptos are developing, old projects replaces with the new one. By this reason most of projects now gone from the market. Others gone because it was simple scam
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Help to Ukrainian citizens ETH donations adress - 0xe23CB47AC32F0b8750d4D0Dd4e160Fa6F8fF30EF
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Dpat
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Activity: 798
Merit: 3
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July 25, 2019, 06:10:57 AM |
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This is very true that many of the ICOs that were evolving in the year 2027 is now abolished and no of their data is available anywhere whether it be the Coinmarketcap or any website. One of the coin which I remembered very well named as Prospectors Gold is now maybe vanished. But, then I get the profit from it well. So, be careful of your investment upon the cryptocurrency which you are going to invest.
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btc78
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Activity: 2548
Merit: 216
Eloncoin.org - Mars, here we come!
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July 25, 2019, 06:16:47 AM |
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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.
And also be Careful to the Place you checked prices because some of them are misleading with fake trades just like what CoinmarketCap does ,maybe some of the coins that exist is not real and same thing with those non existing But you are right because good coin today is bad tomorrow,the legit now tomorrow is scam Better to buy the top 20 currency instead it’s more safer and you will be confident to hold for long
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hazidofasa
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Activity: 28
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July 25, 2019, 06:19:38 AM |
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Yes, you're right we all have to be very careful to hold of altcoins because every altcoin can't give you profit for the long term. There are many altcoins but few are trustable for long term benefits like Moozicore WORLD’S FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN https://tokensale.moozicore.com/
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dstyl
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July 25, 2019, 07:00:15 AM |
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I always keep this in mind. Alts are risky if you dont know what you're doing.
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zzortyx
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Activity: 588
Merit: 11
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July 25, 2019, 07:54:18 AM |
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If the domination of bitcoin will grow at a pace such as now, the altcoins will continue to fall. Too much has been lost in the alts in 2018 and nobody wants to risk more.
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Darker45
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Activity: 2632
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July 25, 2019, 08:52:12 AM |
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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.
Part of being careful is to HODL your coins at the same time exerting some effort tracking down their progress every now and then. You do not just buy altcoins and then leave it idle in your wallet without even getting some news as to its development. That is utter foolishness! Lest you will find out later on that the altcoin you have been HODLing has already long been decomposed.
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ophyrim
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July 25, 2019, 08:55:32 AM |
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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.
Yea you are absolutely right. Because of the coin/token inflation, even many good projects are going to die. I always say that HODL is not a good strategy for altcoins, especially for small marketcap alts. Of course, you can HODL ETH or XRP. but HODL mainly BTC.
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allanr
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July 25, 2019, 10:25:06 AM |
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I just hold several altcoins in 2 years. 2 years ago my assets were estimated 1000$++ and now just 50$
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ducdr
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Activity: 147
Merit: 10
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July 25, 2019, 02:03:51 PM |
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I just hold several altcoins in 2 years. 2 years ago my assets were estimated 1000$++ and now just 50$ Yeah, your investment story discloses the fact that there are losers among investors. Not all investors will get profits from their investments. Now, let's tell us the truth, because I believe (from what you disclosed) you invested in so many shit altcoins with hope that they will rocket to the Moon. Unfortunately, the opposite scenario happened, and you got losses.
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Baihaki Khaizan
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July 25, 2019, 02:15:08 PM |
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yes you are right, and this is a learning for all of us, even though I am still a newbie but some of the coins that I saw also experienced a very drastic decline and this is very worrying for everyone who still holds lots of coins.
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daenarys_stormborn
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July 25, 2019, 02:17:19 PM |
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yes it is true, the altcoins that you invest in the long run do not mean you do not have to monitor, because the development of the project behind the altcoins has an effect on the price of the coin in the market, if the project is stalled, of course the coin price will decrease due to missing its trust and attractiveness of investors
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Febo
Legendary
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Activity: 2730
Merit: 1288
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July 25, 2019, 03:00:19 PM |
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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.
Marketcaps went up considerably. So coins that were topping the coinmarketcap in 2013 still exist and are much more expencive then back then but that dont make them stay on top of coinmarketcap anymore. Lately a lot of non mined or premined or btc blockchain forks come on CMC and normal pow coins just cant compete with them. If you want to have proper picture you need to slice CMC by some criteria.
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senyorito123
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July 25, 2019, 08:28:48 PM |
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For me I always hodl coins that made a strong market in the past years and survive the bear market many times
Always hold the coin which you think the future is bright and in coming time the coin will gain more popularity and the increase in demand will lead to rise in the price as well. Research plays a vital role in holding any of the altcoins. So invest accordingly. If we're keen in doing research, that could provide us better inputs regarding what type of coin you're holding. The community it belongs always give us the opportunity to gain confidence along with its growth in the marketplace. Somehow we should be careful with the unknown alts that didn't have good reputations, probably you'll be holding and growing it worthless in the future because it won't gain a profitable price.
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kram31
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July 25, 2019, 08:39:16 PM |
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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 so many alts whose not in CMC but they are good to invest in. Remember that dont look at CMC as it is an additional step for a project to get notice and demand. What you should go is for the alts and its team to be in the future. CMC and EXCHANGE is agood thing to have for more than 50 percent pump before, but hey! we are not in 2017 anymore. WAKE UP! get on the project!
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Eildosa
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July 25, 2019, 08:57:04 PM |
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It's the truth. We can say that each season has its own altcoins, but then they die and are replaced by new ones. I have always believed that altcoins are most suitable for trading, and for the long term it is best to use bitcoin.
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Iyanu14
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Activity: 795
Merit: 10
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July 25, 2019, 09:30:10 PM |
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You are absolutely right about whag you observed it's a fact a lot of those who too the chart then have gone into extinction, we have to be mindful of coin we hold.
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Tosyn2
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Activity: 566
Merit: 10
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July 25, 2019, 09:56:18 PM |
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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 very correct, we need to be very careful when it comes to investing in Altcoins. I will advise that is better to be on the side of caution by investing in the top coins, especially those that fall between one and ten.
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ilovealtcoins
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Merit: 263
SmartFi - EARN, LEND & TRADE
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July 25, 2019, 10:47:43 PM |
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Nearly all altocoin are garbage and are unable to increase value in the long term. You need hold Bitcoin and the rest of the market should only choose 3-5 Altcoin and only spend about 20% of the money available to them.
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