The Need to Reconsider Holding altcoins

[VDraci]

Especially for those who have no penny to invest but are capable of promoting new projects, bounty tokens like tokoin or gowithmi should be kept safe or lock away in your wallet because it is positive that these kind of coins will bring holders huge return on future

[1714294676]

1714294676

[Dalmar]

maybe luck is only in favor of gambling, but it depends on you bet for the purpose of winning or losing, this is only an example and I do not intend to offend you. but once in a while if you are ready, you can try it there to feel the challenge.
and in crypto investment depends on how you manage your financial management, the coins you invest, how active the team and dev are in product development and it is important to use real coins or have been registered in a large market.

It's not necessary that it needs to be in large market. I prefer investing in companies or projects that have continuous plans and updates in their project who also partnered with trusted company as it gives more chance for them to gained investors like what link is doing now partnering with those that are in larger Market than they are.

In the normal market conditions, I also have thought like you but the reality slaps hard to the face of scary investors. The partnership news doesn't move the prices of the newly listed altcoin and only big companies are able to move the market price with marketing tactics. The large exchange's reputation helps the project to be accepted by all types of crypto investors.

[jacafbiz]

Please people should try as much as possible to do their research, one thing I see in the space now is inside trading, most of these so called VCs have inside knowledge of what is going to happen before an announcement is made and trade it, make money at the expense of others. If you see someone shilling you a coin think twice

[acdc]

It is right to think before selling everything, but we will never know when the currency will appreciate. How long will it take 1 year or 10 years for me to wait for the currency to appreciate again?
My strategy is simple, I invest in one of the biggest coins in the market instead of investing in junk coins and waiting in vain.

[Kiefner]

Although now is not a very favorable time for altcoins, but you still need to be very careful. There are coins that gave great hope, but now turned into nothing, but there are also coins that are not worth selling now. Times will improve and there is a chance to get a decent profit from them.

[Cherylstar86]

It is right to think before selling everything, but we will never know when the currency will appreciate. How long will it take 1 year or 10 years for me to wait for the currency to appreciate again?
My strategy is simple, I invest in one of the biggest coins in the market instead of investing in junk coins and waiting in vain.

If you are wealthy person for sure you can wait it for a very long period of time. What I mean is like the difference between those user that can wait for too much time and a user that can't wait due for some reasons like they really need money in which they have no choice but to sell their holding altcoins as they really need it as soon as possible that certain amount.

[Soots]

maybe luck is only in favor of gambling, but it depends on you bet for the purpose of winning or losing, this is only an example and I do not intend to offend you. but once in a while if you are ready, you can try it there to feel the challenge.
and in crypto investment depends on how you manage your financial management, the coins you invest, how active the team and dev are in product development and it is important to use real coins or have been registered in a large market.

It's not necessary that it needs to be in large market. I prefer investing in companies or projects that have continuous plans and updates in their project who also partnered with trusted company as it gives more chance for them to gained investors like what link is doing now partnering with those that are in larger Market than they are.

Long term investments on a project with huge plans for the future could gain better potentials, instead of quick rising one. That's what we need as a holder before making such decisions on venturing serious investments for our expected profits. Actually it isn't easy to deal with this kind of situation, and we must choose briefly what altcoin asset should be your best preference.

[PavelMed]

Stories about the fact that there are coins that now cost nothing, and in two years they will cost millions, are not related to the current situation. There was a hype, here are the coins and understood. And now, with the new hype, new coins will appear, which will grow, but about those that are now, we can not be remembered.

[TastyChillySauce00]

Although now is not a very favorable time for altcoins, but you still need to be very careful. There are coins that gave great hope, but now turned into nothing, but there are also coins that are not worth selling now. Times will improve and there is a chance to get a decent profit from them.

At least to bet on altcoin is also not a bad decision consider about altcoin will always here forever. That just the matter about how good the development of altcoin. It's better to invest in a project that has a bright future. The decent profit will come to good altcoin. This time people must focus on how they can get the quality over the quantity. An altcoin that has already present by the utility usage of altcoin itself. People must aware if altcoin is not always become a bad story

[BeManga]

The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived.  Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily.
One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it

BLOCKV
 https://coinmarketcap.com/currencies/blockv/

and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/

A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.

So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.

well the market is unpredictable and if you will only depend because it reaches a high price before that's not a good idea
because they're a lot of coins with the same graph and it becomes really hard to differentiate want to coin will survive in the next price rise
you can gain big profit from investing in altcoin but the risk is so high

[Firefoxx]

Truth is, there are good altcoins out there but what one need is to search and do thorough research and investigations to know if team are still available or has decamped and if there are really product. Once you see there's good movement from team there are needs to reconsider such Altcoin/altcoins

[Katashi]

Holding altcoins for few months or years will not guarantee that you gain profit because what really matters is how the team develop their platform or product to increase the demand for the coin. I recommend that if you have a bag of a dead project or shit coins then stop holding them and sell it immediately if still available because you won't gain anything for holding so long.

[perfect999]

You really have some facts there, I think that we need to have our investment in these coins as future investment because we might never know exactly what will become of them in the future as many people never thought that bitcoin too could develop to this extent after some years of its establishment.

Nevertheless, we still have to be very careful in the type of project that we hold for future also, we have to really do a great research on them to ensure that the project is worth keeping our trust I and also, since we can really guarantee the success of any project now or in the future, every money we put in such investment must be money that we are sure we can part away with easily or money we can really afford to lose.

[ajiz138]

The junk coins that I have in my personal swallow might also experience extraordinary increases. But I have some altcoins that are good but the price is very cheap compared to ICO. Projects that continue to be developed may become extraordinary projects and achieve ATH again. Nothing is impossible in the crypto world, everything can happen in an instant.

[Swordsoffreedom]

Holding altcoins for few months or years will not guarantee that you gain profit because what really matters is how the team develop their platform or product to increase the demand for the coin. I recommend that if you have a bag of a dead project or shit coins then stop holding them and sell it immediately if still available because you won't gain anything for holding so long.

My experience with this situation is reach and I need to agree with you. Most altcoins don't have any use or they have a use but world simply isn't ready for them. One could say, Ok, the world is not ready YET but if I wait long enough... My answer is, If you wait long enough, the coin will die because developers will move on to another project and community will also forget about it.
There are some exceptions and projects worth waiting for and they have some kind of source of funds to pay developers even when Altcoin price is low so the project doesn't die. This is rare tho. Just look at CMC top100 and you'll see many altcoins and tokens from a year or two ago are not there anymore.

[Oyimeelijah]

The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived.  Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily.
One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it

BLOCKV
 https://coinmarketcap.com/currencies/blockv/

and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/

A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.

So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.

Your post was actually impressive up till i saw thorecoin and blockv. Like seriously?  The both coins are a no no for me, i cant imagine myself holding such coins when there are millions of altcoins with potentials out there. Have u heard of how investors lamented about thorecoin? I bet you dont know the negative aspect of the above mentioned coins

[agentx44]

The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived.  Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily.
One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it

BLOCKV
 https://coinmarketcap.com/currencies/blockv/

and
THORECOIN
https://coinmarketcap.com/currencies/thorecoin/

A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off.

So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.

I agree. There are instances wherein the old altcoin you are currently holding gets larger value as time passes by. If you are holding lots of old and new altcoins at the moment, it would be best if you are going to wait till the new altcoin season has come. It will surely pay off, the long wait you endured so just be patient and trust that the market will bring great rise to altcoins the soonest. Do not commit a mistake that you would regret you whole life, be smart and wise with all of your decisions and it will surely bring you great results.

[#Darren]

Portfolio rebalancing is one of the most important parts, you cannot hold the same altcoins forever. But investing big amounts right now, by selling alts that dropped by x10, is not the best idea at the moment and I would definitely wait.

[joshy23]

Portfolio rebalancing is one of the most important parts, you cannot hold the same altcoins forever. But investing big amounts right now, by selling alts that dropped by x10, is not the best idea at the moment and I would definitely wait.

Knowing what project you have inside your portfolio is the most important thing that investors needs to understand, you need to be very careful with what you will going to hold, it's a matter of doing your best finding the right project. Allowing yourself to investigate and observe how things will work out you never know what will happen in the next couple of years.

[Youghoor]

With Altcoins investing and holding,  you need to have some level of plan and knowledge about the entire altcoin space and market. Your plans should include the duration at which you will be investing into that particular crypto coin.  Having a time duration for your altcoin investing gives you some level of understanding on changes seen in the altcoin market. Plans, knowledge and understanding are what any investor needs to control their level and margin of profit or loss. It also help the investor to know when to hold or sell...