Hodl altcoins or..?

[Youghoor]

Holding coins especially altcoins for a very long time is not the best of ideas because most of them end up as useless projects without any real value on the market. Unless you have done a good research about the project I would not advise you to hold any coin from an IEO or ICO. Many crypto investors have lost huge amount of money during 2017 and 2018.

[mirakal]

Holding coins especially altcoins for a very long time is not the best of ideas because most of them end up as useless projects without any real value on the market.

Yeah, based on my experience, its not really good, even with coins that has good trading volume, it could also fail in the long run, the most stable is only bitcoin not altcoins, so holding altcoins is really a high risk, we can even take ETH for an example, it dump below $100 from almost $1400 of ATH.

Unless you have done a good research about the project I would not advise you to hold any coin from an IEO or ICO. Many crypto investors have lost huge amount of money during 2017 and 2018.

We all do research, but its just that the future is not in our control anymore, even devs are saying that every time investors are blaming the project when it dump.

[ahyadinnn]

Holding coins especially altcoins for a very long time is not the best of ideas because most of them end up as useless projects without any real value on the market. Unless you have done a good research about the project I would not advise you to hold any coin from an IEO or ICO. Many crypto investors have lost huge amount of money during 2017 and 2018.

holding altcoin is indeed very risky if in a long time because the value always goes down can not last long, maybe you can hold the main coins such as bitcoin, eth, eos and others, I used to hold the initial neblio coin for $ 1 / coin in 2017 but in the end it dropped by half, fortunately I didn't keep the coin too long

[DevilSlayer]

If you want to get huge losses then hold it,  holding altcoins is not suitable strategy for me but still you are the one who will decide at the end of the day. I just want to day trade it because I have potential to earn in juat swing or momentum play of an altcoin. If you will hold make sure that you will buy liquid altcoins with high volume innorder for you to lessen the risks. There are now many people who regretted their decisions after they hold their altcoin but it still up to you.

[rodskee]

Which altcoins are you hodling?

Majority is Ethereum and Binance(BNB) because these 2 is what i believe that may bring me Good amount of profit after this crisis ends.

I didn't sell any altcoins that I'm holding lately (i probably should), however, is it a smart idea to buy them now or wait a bit more?

yeah but you should have sold when the price still up first week of this month and bought again Low on that same day as the Fall happens within 16 hours

What are you holding? and what will you do?

stay holding for now because we have no chance of selling as we are in the dip,unless we badly need because of this pandemic so maybe some of us will sell sooner or later.

[gaston castano]

for now I think you are a little late because prices have gone up from a drastic decline late last year.
but buying now is also possible because there will be halving in the next 40 days.
hopefully it will be the beginning of a market increase.

[Retainly_Collie]

It was too late for me to sell the ETH I was holding, a few weeks ago I bought some ETH to hold but unfortunately, its price had collapsed and now I have lost more than 40%. Now that I continue to hold it and wait for the market, it may be a long time before I can get my profits back.

[Dr.Osh]

If you want to get huge losses then hold it,  holding altcoins is not suitable strategy for me but still you are the one who will decide at the end of the day. I just want to day trade it because I have potential to earn in juat swing or momentum play of an altcoin. If you will hold make sure that you will buy liquid altcoins with high volume innorder for you to lessen the risks. There are now many people who regretted their decisions after they hold their altcoin but it still up to you.

actually, I'm one of the people who will hold Altcoin right now, specifically ethereum. what you said will be right when prices continue to fall, but that is the risk. however, if prices recover, altcoin prices will also recover, especially ethereum. however, there is always a risk from that. it can be a big advantage when the market moves to your liking. so far, I feel that prices will really recover

[SheriffEl]

Previously I tried to be a daily trader but encountered a failure, so now I have switched to holding for long.
Here are the coins that I am holding:
Bitcoin
Bitcoin Cash
Litecoin
Ethereum
Binance Coin
Stellar

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

[bison]

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

[SheriffEl]

If you want to get huge losses then hold it,  holding altcoins is not suitable strategy for me but still you are the one who will decide at the end of the day. I just want to day trade it because I have potential to earn in juat swing or momentum play of an altcoin. If you will hold make sure that you will buy liquid altcoins with high volume innorder for you to lessen the risks. There are now many people who regretted their decisions after they hold their altcoin but it still up to you.

actually, I'm one of the people who will hold Altcoin right now, specifically ethereum. what you said will be right when prices continue to fall, but that is the risk. however, if prices recover, altcoin prices will also recover, especially ethereum. however, there is always a risk from that. it can be a big advantage when the market moves to your liking. so far, I feel that prices will really recover

Agreed, time to fill our alt bags!

[SheriffEl]

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

higher the risk= higher profits! haha

[distr@yopmail.com]

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

higher the risk= higher profits! haha

You indeed say, but when the risks faced are not carried out with sufficient abilities and skills it will be the same as being stupid. people experienced in daily trading and long-term investment have good skills in choosing and trading. when a beginner wants to risk his fortune in the market like now maybe it is stupid.

[SheriffEl]

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

higher the risk= higher profits! haha

You indeed say, but when the risks faced are not carried out with sufficient abilities and skills it will be the same as being stupid. people experienced in daily trading and long-term investment have good skills in choosing and trading. when a beginner wants to risk his fortune in the market like now maybe it is stupid.

I completely agree with you. However, you should follow one of the most important rules of crypto. Only trade with money you can afford too loose

[ballerin and giroud]

It was too late for me to sell the ETH I was holding, a few weeks ago I bought some ETH to hold but unfortunately, its price had collapsed and now I have lost more than 40%. Now that I continue to hold it and wait for the market, it may be a long time before I can get my profits back.

Short term holding will never give you a huge profit, you will still hold if there is a high increase because you want more profit that you get. Although you bought ETH at $100 lasf year then will still hold, you already know that halving event will come and you will make it as the final destination. This is why I set my strategy when I bought cryptocurrency, if my intention is for short term strategy then I will set the profit that I must get so when the price has successfully reached then I will sell my asset and kick my greedy. But when my intention was for long term then I shouldn't look any information that spread, just ignore how much fall the price and focus on hold that will be better.

[Baimovic]

it must, if you save crypto assets that do not have a price development then it is better to sell then replace with another top crypto. right now I still keep some of the top altcoins and would rather wait until the market fully recovers and the price of crypto returns significantly.

[vella85]

I used to hold a lot of shitcoins when I first got into crypto but some of them can help grow your stacks for the top coins which is what I have been able to do. PoS and Masternode coins have really help me out on stacking ETH, LINK, LTC and XRP, as we have seen a lot of MN's are scams but there are some good ones that turn a profit and can be used to help build your top coin stacks even Bitcoin if you choose to stack more sats.

[Kasabus]

it must, if you save crypto assets that do not have a price development then it is better to sell then replace with another top crypto. right now I still keep some of the top altcoins and would rather wait until the market fully recovers and the price of crypto returns significantly.

The market is still in a recovery phase so there are still chances to buy more potential altcoins and bitcoin that will surely grow from long term holding. If we have hold altcoins already, i guess holding it even more will not make us lose so better not to sell them today.

[SistaFista]

I hold several altcoins that i found interesting because their project.
If you confused whether you want to hold or not, just find out about how good is their project friend,
you will know that you must hold the coin or just sell and find other coins to hold.

[lienfaye]

It was too late for me to sell the ETH I was holding, a few weeks ago I bought some ETH to hold but unfortunately, its price had collapsed and now I have lost more than 40%. Now that I continue to hold it and wait for the market, it may be a long time before I can get my profits back.

As long as you dont sell your eth then you're not losing your money. Wait for a price increase, it might take a long period but for sure it will bounce back. Im holding eth as well and didnt expect the price to decline, I thought this year is good for crypto because of the event that can change the movement of the market. But its really unpredicted, lets just wait for another bullish market.