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Author Topic: KEEP HODLING ETH - XRP - NEO ???  (Read 927 times)
tbterryboy
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June 09, 2020, 04:23:23 PM
 #61

I of course had to have some of my coins diversified. But more recently I've thought of converting all three of these cryptos I own into BTC & only holding Bitcoin. I do like ETH and think that the smart contracts are great and there is a lot to build on. XRP is completely hated by the crypto community, but even if they deemed it a security the asset would probably still increase in value. NEO is Chinese and could see huge upside if adopted in that region. But Bitcoin, oh man, Bitcoin is going to the freaking moon. I'm convinced. What do you guys think about these 3 cryptos ? Can't wait to see the feedback on this lol.
As per the basics of investment rule of diversification, you must hold variety of coins so that you can escape if anything unexpectedly happen. Just to stay within the basics investment rules, I am doing like 90% of my investment into bitcoin and only for the rest of 10% I am going for other altcoins. It means I will never suggest anyone to go for holding only bitcoins. But, you may hold bitcoins in major portion of your portfolio.

In this way we may miss out some good coins which will be having rapid growth but at the same time considering how many people are getting disappointed after investing into altcoins, it would be much better to keep our investment for altcoins up to only 10%.

This is sometimes called like taking calculated risk. Yes, we are going as per the diversification rule still we are going risk free as well.
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June 09, 2020, 04:32:01 PM
 #62

I of course had to have some of my coins diversified. But more recently I've thought of converting all three of these cryptos I own into BTC & only holding Bitcoin. I do like ETH and think that the smart contracts are great and there is a lot to build on. XRP is completely hated by the crypto community, but even if they deemed it a security the asset would probably still increase in value. NEO is Chinese and could see huge upside if adopted in that region. But Bitcoin, oh man, Bitcoin is going to the freaking moon. I'm convinced. What do you guys think about these 3 cryptos ? Can't wait to see the feedback on this lol.

These two coins have been continuously dumped since the last bull run. There is no accurate calculation of how many investors have lost their funds by investing in these coins. I don't think it will be profitable to hold these two coins. Because investors are now more interested in Bitcoin than altcoin. You may see suddenly pumps and dumps on these coins, but this makes it difficult for you to make a big profit.

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June 09, 2020, 04:54:59 PM
 #63

It doesn't hurt if you turn the three coins into bitcoin but for me personally will keep holding it and will even continue to buy when there is the right moment, different perceptions about XRP and other coins don't matter if we remain confident because after all, we who do hold and we are ready with the risk. So it is enough to do what we believe because after all the price of each coin in the crypto market will definitely reach an all time high again, be patient.

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June 29, 2020, 08:40:02 AM
 #64

Just hodl isn't useful nowadays. Considered structured deposits, or staking on eth in the future
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June 29, 2020, 09:15:43 AM
 #65

Just hodl isn't useful nowadays. Considered structured deposits, or staking on eth in the future
It doesn't make sense if you are holding shitcoins but if you are holding ETH, BTC, or any potential coins, it's kinda worthy of it. Of course, we ha choice and that holding are also a matter of the capability we have, but if we don't have patience and can't really manage to keep it, it will always give you trouble.

I understand the high-risk in holding for we don't know what will happen next. But we have an option to take its either a short-term or long-term holding. But for sure, most crypto holders will choose short-term as we know how volatility is getting worse at this time
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June 29, 2020, 09:26:26 AM
 #66

It doesn't hurt if you turn the three coins into bitcoin but for me personally will keep holding it and will even continue to buy when there is the right moment, different perceptions about XRP and other coins don't matter if we remain confident because after all, we who do hold and we are ready with the risk. So it is enough to do what we believe because after all the price of each coin in the crypto market will definitely reach an all time high again, be patient.
maybe I'll take your advice, but I'll change it a little. I might leave ETH to hold, and the rest will be converted to BTC. Well, we all have our own perspectives on potential altcoins. so far, I believe ETH will provide a high price for its hold in the future. so, for now, I might hold ETH and leave the others.

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June 29, 2020, 09:43:44 AM
 #67

maybe I'll take your advice, but I'll change it a little. I might leave ETH to hold, and the rest will be converted to BTC.

If you feel more comfortable holding Eth together with Bitcoin it's better doing that, your own analysis will convert positive results to your investment.

Well, we all have our own perspectives on potential altcoins. so far, I believe ETH will provide a high price for its hold in the future. so, for now, I might hold ETH and leave the others.

Make your decision according to how you manage your research, lower risk as long as you are knowledgeable with the assets that you'll going to support.

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June 29, 2020, 12:38:37 PM
 #68

Diversifying is a good strategy when investing not only in crypto.

For me bitcoin is my top priority when I invest in crypto because btc already prove that its worthy to hold either for short or long term. So I will allocate huge portion to btc in my overall capital.

On the other side eth is top altcoin and like btc it is already here for years and manage to survive in bearish trend thus these two coins are my choices.

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June 29, 2020, 01:13:41 PM
 #69

Eth and Neo are good to hold but XRP is not good investment for me because as you can see the price is not improving unlike ethereum the price is slowly increasing and possible it will reach $300 this year.

Yes, ethereum and neo are good but don't forget xrp can back to increase again. Maybe xrp needs more time to increase and make another ATH after the other altcoin surge, but I think with the price still at a low price, many people want to buy more xrp. Ethereum will have the biggest chance to increase in the next bull run because ethereum has big support so far, but that will depend on how good bitcoin price moves this year.

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June 29, 2020, 01:53:57 PM
 #70

I don't want to comment about XRP, because I have taken a negative viewpoint against that coin ever since I became active in the world of cryptocurrency. But regarding NEO and ADA I'm a bit more optimistic. I am grouping these two currencies together, since they are similar (NEO and ADA). NEO is having one of the best codes and algorithm for any cryptocurrency and although it has dropped out of the top-10 list, I am 100% sure that it will make a comeback sometime in the future.
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April 19, 2021, 03:20:05 PM
 #71

Honestly, I can't say that I do know of a great application for ethereum smart contracts. Other than these 3 coins I think Monero has potential, and maybe Dogecoin. What other coins are on your radar that are not in the top 100? There are literally over 5 thousand different types of crypto currencies created out of thin air, its insane! Coins fall off the cap every day, in recent years of course regulations have become more strict and the addition of new coins has been less.
My radar says that you, like the majority, choose coins to hold based on market speculation and intuition, not on the potential in the tech behind the project. I can agree with you that Monera is promised coin due to its unique caracteristics  being anonymous, fast, and secure. However, i can't find the reasons why you picked Doge Coin which is almost a useless coin after being left by its community Devs.
I suggest you to take a look at tokens developed at top of Mimble Wimble protocole like Grin, i ensure you that you will be fascinated by them instead of all the shits in the actual market.

I’m curious now that this post has aged a bit what you think of Monero and Doge now? I ended up holding on everything and they’re doing okay. Wish I actually bought Doge when I mentioned in my response to you lol I’ve actually never owned any.

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