Byakuga
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August 03, 2019, 04:10:03 AM |
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in 2017 almost all altcoins i was holding are shitcoins because back then i dont know how to find out if a project is a quality project until many of my altcoins died while holding them
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Plinteng
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August 03, 2019, 09:35:25 AM |
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in 2017 almost all altcoins i was holding are shitcoins because back then i dont know how to find out if a project is a quality project until many of my altcoins died while holding them
none of that was unexpected. and not only you who experienced it, I also experienced it. and I realize that all of this happened because of our own mistakes in making that decision, and I think not all new or old coins will continue to grow well in the future because I am sure there will be a time when they are truly worthy of investment or will die become worthless shitcoin.
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PuertoLibre
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August 03, 2019, 11:26:21 PM Last edit: August 04, 2019, 01:40:17 AM by PuertoLibre |
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in 2017 almost all altcoins i was holding are shitcoins because back then i dont know how to find out if a project is a quality project until many of my altcoins died while holding them
Holding promising projects will give a decent return on the investment, otherwise, you will get nothing at the bull run. Quality projects are not much and choosing good projects with real working products takes time. Shitcoins are there just for one reason: Pump and dump. So many red in the street of crypto now as btc is pushing up again and if on hold any bad alts at the moment , then the person is gone for a good with all his funds as they are surging in USD but dumping in btc value, why so many will not even see the light of the day any more.
Red is the colour of the dumpers who have no patience to see the green. BTC value doesn't have the 100% correlation with the market price, altcoins also have a 50% of project vision and 50% of other aspects like the index price of top cryptocurrencies.
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john alex young
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August 05, 2019, 07:36:55 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.
I was also surprised to see the coinmarketcap ladder. Everything changes from the first... Now it's not good to hold a coin. Only certain coins have an increased chance of being suitable for hold like ETH. Other coins seem to me not good for holding.
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leader2704
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August 05, 2019, 07:43:47 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.
Agree, let's choose coin with solid tech and a team who know how to do business development. Lack one of these 2 elements can REKT you
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freedomgo
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August 05, 2019, 08:05:50 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.
Agree, let's choose coin with solid tech and a team who know how to do business development. Lack one of these 2 elements can REKT you All the pointers has to be followed, however, the hardest part is to verify if the team really has the capability to run the project, their reputation alone if they have will not ensure success to the project, we are still at a high risk in that matter, so it's advisable to not just focus on limited projects, but hold more.
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zulfi125
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August 05, 2019, 12:51:26 PM |
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As you know most of the project is launched their own profit and interest that the reason most of the coins are dead now after launching into exchanges and coinmarketcap.
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thiscomm
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August 05, 2019, 01:14:52 PM |
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I think that's the destiny of a crypto. indeed like that they will continue to rise and fall in price. there are when they are above there also when they are below. but when we want to make or buy crypto for a long-term investment, we can often read the news and check developments in the coin marketcap first so we can conclude and find out whether the coin we invest in is good and will be profitable in the long run later.
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Freescan
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August 05, 2019, 01:59:13 PM |
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it depends on how the coins you invest in, if they have a strong team and many users tend to produce good things. long term investment is highly recommended with potential coins or altcoin like ethereum, BNB is one of them. I am very confident in the development of this altcoin
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sammy21
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August 05, 2019, 02:04:55 PM |
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when the market is bearish as it is now is the time to buy coins and hold them to market bullrun. to choose a coin that we will hold for long therm certainly requires careful analysis and calculation, so it must be careful before we decide to buy the coin.
the market is indeed in a confusing state. sometimes it goes up but there is also a decrease that occurs. I was afraid to invest, but if I did not take risks, then I would never get trading experience and profits.
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aji567
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August 05, 2019, 03:15:14 PM |
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do not hold too long altcoin that has no credibility. we recommend holding altcoin king "ethereum" much better. Don't get caught from Altcoin junk or shitcoins.
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labenea
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The Standard Protocol - Solving Inflation
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August 05, 2019, 04:08:46 PM |
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yes we will always be careful with this investment, I mean not only cautious but we also have to always monitor the market situation because at any time the coins you invest can experience sharp price drops, but if you invest with a few potential or registered coins at the top 10 at cmc I think you don't need to worry because they always have trading volume every day and there are lots of holders too
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Caishen_Project
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August 05, 2019, 05:34:21 PM |
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Over the time I have always been having issues with holding altcoins, if at all I wanna hodl any altcoins, believe me it has to be ETH or LTC, anything apart from that,I will put my money on BTC
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KrosaKz
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August 05, 2019, 06:43:42 PM |
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Of course, if you are a holder, you should always look at your investment or monitor market conditions. otherwise you won't know when to sell or keep holding with your coins.
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Aryleeto
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August 05, 2019, 06:55:08 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 always need to know when to sell and for what purpose , and then with any coin you can stay in the eternal investor , as the market is very strong and fast changing , and coins in the top as well.
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minersday
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August 05, 2019, 09:41:17 PM |
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The crypto ecosystem is full of unexpected surprises in terms of instant increase in the market value of altcoins. But I think it is advisable to hodl altcoins with good market cap and volume. Such coins have a lot of potential of increasing their market value...
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blackhawkeye1912
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August 05, 2019, 09:53:00 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.
I couldn't agree more. After ICOs, some of them are just gone. That is why I only hold a few coins belonged to the top 10 in market cap and hold more Bitcoins. Because I trust Bitcoin that will last when everything is backing out, these new coins, even they are a good one eventually die because they do not have strong dedication for their project to succeed.
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Hans Groober
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August 05, 2019, 09:58:57 PM |
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I was only lucky with long-term investment. Since then, I began to invest more money in this direction, but so far, luck is not on my side. I have been storing some tokens for more than a year and so far the price for them is less than the price at which I bought them.
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cichaescut
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SYNCHROBIT
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August 05, 2019, 11:03:05 PM |
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This is exactly why you need to be selective with your altcoins, because 70 percent of all altcoins that are now on CMC will not overcome the next five years. Try to think about perspective of those tokens and not about profits of tomorrow.
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robattfield
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August 05, 2019, 11:16:34 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.
that is the law of nature, new projects overlap. Better, stronger will replace old projects. And also because it is the tactical change of sharks, they no longer collect and push old coins, so it dies slowly. In order to earn money in the crypto market, you need to adapt to this, and should only hodl the top 20 coins because it is harder to die than the garbage coins.
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