Be careful of alts you hodl

[Bitze]

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.

the basic question is simply what is the reason for keeping these ALTS.

when it comes to fast profit, the best possible time to sell must of course be caught.
when it comes to adaptation in real life, there is no good time for the sale. because then you have to hold and use them until the end.

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[sgenuine]

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.

My friends advised me not to keep for a long time not a single coin except Bitcoin and Ethereum. Many coins come and go, the main thing is to have time to sell these coins at the maximum price. Therefore, I try to sell new coins as quickly as possible if the price of them has risen.

First, why should you listen to your friends? Learn everything about cryptocurrencies and take a decision about what to do with them further yourself. At least, even if you lose, you will not have any reason to blame buddies and quarrel with them. This is a positive moment.

The negative moment is that you need to be ready to spend really much time on all this stuff. But it is needed for sure.

[cliber]

Be careful if anyone intends to hold. See some considerations before that is done. If the coin is unclear or still not well known, I don't think it's the right solution at this time.
The right Ethereum altcoin is for hold...
Good luck always...

[b1boy]

I think we shoul know what we hodl or we stay refreshed now and again on what we hold, since it is significant with the goal that we know what is happening and what's going on in our coin we hold. On the off chance that we are not refreshed, at that point there would come a period we didn't expect that some of we hold is non existent alredy in the market, or the coin is delisted. So we ought to pursue their web based life records and different destinations with the goal that we realize what's going on abou what we ho

[Krabby]

It is best not to hold altcoin for too long. BTC and ETH are the best option for long term holdings. I saw a lot of altcoin in the top 10 from 2013-2015. and until now all of them are dead and no longer appear in coinmarket

[Broiler78]

I always see the prices of altcoins that I hold, so I can be sure when I will sell and buy. the point is not to hold the altcoin for so long, because it's quite risky. unless you hold the king altcoins "ethereum".

[TheICE007]

This is very true, before investing in any coin one should be able to do a very thorough investigation and research to know more about the coin, also knowing the team behind the project is key, after your research, if you are convinced, then you buy else you ignore.

[No One]

I have also noticed many of these coins which have been hyped in the beginning and vanished all of a sudden. WeAreSatoshi is one of examples of such hyped and scammed coins. Crypto market has become a good place for scammers to scam people. We all must discourage scamming.

[cryptonewbie]

Which is one very big reason why you should never buy and hold any token or.coin because of the hype surrounding it, thankfully there is something called Stop-loss that people tend to ignore these days. It helps a lot but ensure you never keep your funds in unsecure exchanges.

[dvdrewritable]

 Many of those alt coins that do not work well or projects that do not come true are seen at the end of the day scam. They should be real projects and coins for many years as a top coinmarketcap and must be invested well. Should be verified and invested.

[carriagehoodlum]

Many of those alt coins that do not work well or projects that do not come true are seen at the end of the day scam. They should be real projects and coins for many years as a top coinmarketcap and must be invested well. Should be verified and invested.

there are not many new projects that can maintain their existence on the market. the altcoin has finished trading, it may disappear from the talk of the person after one year the project is running. then the developer disappears and no one will know about it.

[Pelana vreo]

When I hold an altcoin for a long time, then I have to know the risk, there are many altcoins that die in 2018 and now I have seen many new altcoins, I will sell the altcoins that I hold if the price continues to fall for several reasons and will buy return if there will be signs of an increase from the altcoin that I have sold. This situation is difficult but the crypto price can change at any time

[andra73]

"All the glitters is not gold" which is something can be related to the altcoins as well,since the market is filled with lot of cryptos but not all those cryptos can turns a crypto currency like bitcoin so you can't make profits by holding those shit coins.

some altcoins even die shortly after they are listed on the market and raised by investors. those who can survive are those who really have future progress to be accepted by the market.

[pdutta]

We must be careful with the coins use to hold for long term and always up to date with new information from the project. Many altcoins projects died in the previous time because the project developers could not reach the people as the expected.

[Samuel4]

This is a very good observation. Most altcoins are vanishing by the year. So one has to be extraordinarily careful as most developers are interested in making their profit instead of working on the project to improve the price

[Marble777]

yes of course we are all always vigilant in every investment we have made, not only investing and then waiting for prices to rise but always monitoring the coin price charts and market conditions every day, so we can know the percentage of the coins we invest, if there are no more price developments further certainly exchanging and buying with other coins.

[Noruka]

This is not that much surprising I think because many of them didn't succeed in building a vibrant ecosystem, but that is what you need to succeed.

[zombi11]

Just dont look below top 20 on market.

[Rimueng tuha]

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.

Yeah, indeed we have to be careful with the coins we hold and we have to be aware of what coins we have. Other than that, if we do hold coins then every day on a regular basis or at least two days ago we must see the development of prices in the market. This aims to get the best chance. We must not lose the opportunity to get a big profit. Indeed something big is certainly balanced with a big effort so you must continue to be patient.

[KuraJamban]

There are hundreds of new altcoins that release almost every day. People can easily make it without thinking about the use of their coins.
I suggest investing only on Altcoin who stand on top of Coinmarketcap like BNB (Binance) who can keep the value stable.