Ararbermas
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August 25, 2019, 07:56:59 AM |
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Once altcoin is dead there's no way for it to be resurrected even in altcoin season. Because it completely abandoned. So better to pick those still own a value to assure after the season you'll get good return. Anyways we cannot tell more if there's a good progress of altcoin on this year since the circumstances still stagnant. So lets wait for more results.
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Vishnu.Reang
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August 25, 2019, 07:57:11 AM |
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Yeah right ,, don't get your hopes up with coins that don't have a good development, you better focus on other things or you can invest in bitcoin. because bitcoin is very profitable for long-term trading and investment. Right now Bitcoin looks like the most attractive option, as the other coins are going down in value. Very few of the new projects are successful, and the ICO market has been in hibernation for a while. But in the short term, I don't expect any big movements with Bitcoin. If there is going to be a spike, that will occur only after the block reward halving in 2020.
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baigreen
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August 25, 2019, 08:01:38 AM |
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What can we know today. Look, the spiculants will still show their opinion. You say keep only good coins. And they will speculate and stimulate the growth of the bad ones in order to earn more on them.
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key4co.in
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August 25, 2019, 08:15:22 AM |
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I agree with you on the point that people should stop holding coins without use case for long term. Personally I hold very few altcoins, not always exceeding 5 on my portfolio. My major criteria to continue holding a coin is project development and use cases, not even hype. Some overhyped coins will doom you more in the long run, especially when the project development seems stagnant(or zero project development).
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bittraffic
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August 25, 2019, 08:18:36 AM |
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I doubt that. The older the coin the more it will have a good value if it survives this long bear market. ETH is an altcoin, BNB and DASH are also an altcoin I don't think you can ignore them because the potential to profit from these coins are greater than the newer ones today. The coins that are coming out though thru IEO may have the popularity from the new investors of cryptocurrencies.
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maxreish
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August 25, 2019, 09:16:36 AM |
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Easy to say but hard to choose which really the altcoins to be hold and which altcoins to be ignored. With the thousands of altcoins out there in the crypto market, I always choose the coins that are on the top list in coinmarketcap.com. And yeah, somehow it really is amazing and surprising that they are performing well. Right altcoins makes us profitable, I remembered my other altcoins that seems to be useless and no value now.
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lienfaye
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August 25, 2019, 09:54:24 AM |
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Well it is advisable to hold only coins that is well-established and has real use cases.
I have many shitcoins in my wallet and even the bull run occur before it didnt gain any value.
So its better to invest in a popular coins.
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Rustamm
Member
Offline
Activity: 532
Merit: 18
Bitcoin lover!
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August 25, 2019, 10:03:42 AM |
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It’s true, I try to get rid of all the shitcoin that I have in order to acquire as many valuable altcoins as possible, which have the prospect of growth and development in the future. If we get rid of shitcoin, then earlier they will disappear from the market and the altcoin season will begin. It is better to support useful projects and invest in them, so we ourselves will help them grow.
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sulendra12
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August 25, 2019, 10:28:40 AM |
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2017 is in the past now and dont expect shitcoins will bring you profit like it did in the past,you have to review your portfolio and make sure that every tokens and coins you holding are worth been hodl.
Not all of them are shit imo, you can try look at Yobit exchange for full of shitcoins and if you are patient and have luck beside you then you can get something from there like in the past. Yet, the chances to get that is nearly to zero since it will die quicker. Try not to pick coins because they are mineable or they have actualized POS,coins without genuine use case will bite the dust additional times and lose esteem,this is 2019 and crypto world is reshaping, make the smart move
Back then, even shit POW coins were considered tradable for short span amount of time. But in 2019, thing is really different now.
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Vektrum
Member
Offline
Activity: 420
Merit: 14
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August 25, 2019, 11:04:13 AM |
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As an interesting example, look at the EGT coin chart on coimarketcap. At the beginning of the year, the price of this coin was $0.0005 and today its price is $0.02 - this is an example of the fact that the price of any coin can grow and make a profit. But these are isolated cases that do not mean that any shitcoin can go up several tens of times.
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The Cryptologist
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August 25, 2019, 11:35:11 AM |
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Yep, shitcoins has no magic anymore and will not bring profit in altseason if it ever comes. Before, there is always a standout shitcoin of the month from nowhere who reached 100x or above but 2018 and 2019 past and those scenario did not happen. You guys should be ahead of the news and these rich traders are making new strategy that we should be aware of so we know what type of altcoins we are going to buy.
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jojosmith783532
Newbie
Offline
Activity: 145
Merit: 0
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August 25, 2019, 02:54:08 PM |
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There are more and more shitcoins that are seeing the light in crypto market, so I would suggest to invest in most popular crypto currencies, because they are too big to fail. Invest in Stellar, Bitcoincash, Ethereum or Litecoin and you won't miss it.
think you missed xrp
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ethereumhunter
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August 26, 2019, 04:04:58 AM |
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We need to rearrange the coins we have so we only hold the potential coins in the wallet. I already did that in a year and a half ago after bitcoin is down the lower price. I see that many of the altcoins I have are getting down too, and after research to find out more information, I try to cut loss the coins that I think will not worth in the future. Then I change to buy another coin which I think it will give me the profit, and now, I see that some of the coins that I purchased are increases this year.
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Enzo05
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August 26, 2019, 04:09:42 AM |
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I still don't sell some of my tokens I got from airdrop. I already stop joining airdrop anymore because for me it's not profitable at all. I just invest to tokens/Altcoins that has deflationary feature like EQL because I know in the future it will become worth it.
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xOdiumNostrumx
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August 26, 2019, 09:04:28 AM |
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The OP is probably right and this alt season wont be similar to the 2017 one as there will probably be cleansing of a lot of shitcoins which will slowly die off, but I am still crossing my fingers for some PnD action on mine, so I will have a chance to dump them at much higher prices as atm.
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qweqwe2121
Member
Offline
Activity: 630
Merit: 13
Crypto ✪ Enthusiast
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August 26, 2019, 09:19:35 AM |
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I'm a little confused, what's with coins that can be mined? coins that can be mined into coins with the longest period. And the shitcoins that you refer to are not profitable, it might be a very useful coin. We have a slightly different view.
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Bitbtc8
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August 26, 2019, 12:14:25 PM |
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I still don't sell some of my tokens I got from airdrop. I already stop joining airdrop anymore because for me it's not profitable at all. I just invest to tokens/Altcoins that has deflationary feature like EQL because I know in the future it will become worth it.
Just because it has deflationary feature doesn't make it a better project worth investing on,many deflationary tokens are dead and abandoned and many keeps showing up,after witnessing what BOMB token has become i started trying out few deflationary tokens as well but its just a 'try your luck' scheme to me
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suvo05
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August 26, 2019, 12:29:15 PM |
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2017 is in the past now and dont expect shitcoins will bring you profit like it did in the past,you have to review your portfolio and make sure that every tokens and coins you holding are worth been hodl. Try not to pick coins because they are mineable or they have actualized POS,coins without genuine use case will bite the dust additional times and lose esteem,this is 2019 and crypto world is reshaping, make the smart move
Sometimes it's really hard to judge a coin that wheather the coin is shitcoin or a genuine one. No one expects a shitcoin in his portfolio. During the ICO even the shitcoins comes with it's fake real uses how you can verify that they are telling the truth or not!!
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ophyrim
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August 26, 2019, 12:38:57 PM |
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2017 is in the past now and dont expect shitcoins will bring you profit like it did in the past,you have to review your portfolio and make sure that every tokens and coins you holding are worth been hodl. Try not to pick coins because they are mineable or they have actualized POS,coins without genuine use case will bite the dust additional times and lose esteem,this is 2019 and crypto world is reshaping, make the smart move
I totally agree I am not a BTC maximalist, I am holding some big alts at the moment but in the near future, many of alts are going to be useless. If you are investing in the alts that have a genuine use case.
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guoyu78
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August 26, 2019, 01:10:31 PM |
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2017 is in the past now and dont expect shitcoins will bring you profit like it did in the past,you have to review your portfolio and make sure that every tokens and coins you holding are worth been hodl. Try not to pick coins because they are mineable or they have actualized POS,coins without genuine use case will bite the dust additional times and lose esteem,this is 2019 and crypto world is reshaping, make the smart move
In order for you to truly invest in a product with genuine real use case, you must then be ready to strictly depend on projects that already established because it would be absolutely impossible for you to know any project that is new with real use case because it has not been tested and has not stayed in the market for us to really know if they will pass the test of time or not, and even the ones that are already in the market, it takes extra precaution to really know which one will stand the test of time. A project might have real use case now, and the thing may not have that high urge to drive it to the promised land, so as we are concerned about the real use case of the project, we must also be concerned about its team also because without the team, the product s nothing.
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