DDante
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June 13, 2020, 11:44:00 AM |
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For altcoins I prefer to plan for short term holding, I believe that coins that are worth holding for a very long time are top 10 altcoins and Bitcoin itself, the most dangerous projects re new coins, they can turn very badly in just a year
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Ken_terrance
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Making Smart Money Work
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June 13, 2020, 11:58:59 AM |
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The term 'most trusted' that you use is on you, not everyone trust those projects you made mention, next time go for better altcoins like BNB Token, Tezos, Harmony, cosmos, ETH, ETC, etc
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Byakuga
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June 13, 2020, 12:05:53 PM |
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Don't ever trust any project in crypto space, even if they are doing so well today tomorrow might be disastrous, this is why many crypto experts recommend people to invest only what they can afford to lose
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rahmatullah9305
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June 13, 2020, 12:12:16 PM |
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Don't ever trust any project in crypto space, even if they are doing so well today tomorrow might be disastrous, this is why many crypto experts recommend people to invest only what they can afford to lose
If I read from the OP discussion, it seems like he didn't make a total investment, but there were also tokens or coins that he got through the ICO promotion at that time, because in 2017 and early 2018 the average ICO was successful and paid all participants, both it is the investor and bounty participant. |
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Nellayar
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Roobet supporter and player!
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June 13, 2020, 12:13:23 PM |
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I bought PTON, AMBIT coin and EosEx. Lol, all of them died already. They said that they will give the future for their investors but there is no future I see till now. All of them were just telling lies and they don't really care about their investors.
Until now, all of the coins I bought are useless though there are some that gives me profifs. Most of ICOs until today is scam and good only for fundraising but after that, expect that your capital will burn from nothing, just like you throw your money in ocean.
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OasisDre
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June 13, 2020, 12:15:17 PM |
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I bought PTON, AMBIT coin and EosEx. Lol, all of them died already. They said that they will give the future for their investors but there is no future I see till now. All of them were just telling lies and they don't really care about their investors.
Until now, all of the coins I bought are useless though there are some that gives me profifs. Most of ICOs until today is scam and good only for fundraising but after that, expect that your capital will burn from nothing, just like you throw your money in ocean.
Sorry to hear about your loss, new projects always have something good to attract investors, they will claim that their project is the best but on the long run the project will fade away, for now I prefer investing my money on Bitcoin instead of altcoins, they are too risky |
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Russlenat
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June 13, 2020, 12:28:02 PM |
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Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
If you have been holding altcoins before the bull run in 2017, you will be thankful because you'll be able to sell it at a good profit during the bull run, but if after the bull run you accumulated, you will really feel the pain like investors have, but it doesn't mean holding altcoins is meaningless as it depends on the timing and if you continue to believe, you will hold it until the price increase with no worries. |
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ije07
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Undeads.com - P2E Runner Game
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June 13, 2020, 12:28:40 PM |
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but not all tokens generated from ICO in 2017 are bad or do not have a high selling point at this time, if you don't mind can you mention that token? basically this depends on the project you are participating in, if the team is active and the product is still developing i think the price of the token is not bad.
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Winscosinally
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June 13, 2020, 12:30:30 PM |
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Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
I don't know the projects but if they are still active there is a chance they can turn to new leave in future but if they aren't active like they used to be it's better to opt out for Bitcoin or other top 10 altcoins |
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casperBGD
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Merit: 1151
Nil Satis Nisi Optimum
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June 13, 2020, 12:37:44 PM |
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Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
I don't know the projects but if they are still active there is a chance they can turn to new leave in future but if they aren't active like they used to be it's better to opt out for Bitcoin or other top 10 altcoins agree, active projects could go up, if there is on-going development, that should be enough to hold those coins, at least for me, since development could bring future progress and products, if there is no team and active development, those coins are probably doomed, and i would leave them away, of course you should think for yourself |
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memed97
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June 13, 2020, 12:38:42 PM |
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The term 'most trusted' that you use is on you, not everyone trust those projects you made mention, next time go for better altcoins like BNB Token, Tezos, Harmony, cosmos, ETH, ETC, etc
Yes, but most of the projects you mentioned did not appear at the end of 2017 and in early 2018, for more details try to trace back existing projects at the end of 2017 and early 2018. |
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Kong Hey Pakboy
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June 13, 2020, 12:40:16 PM |
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Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
Holding your coins in a long term is a risk because you cannot really say if the promising project that you thought will really give you a huge profit in the future. That is why I never hold the coins that I earned in a bounty campaign in a long term because I already know that this might happen someday. |
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20kevin20
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June 13, 2020, 12:43:27 PM |
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Holding useless coins is meaningless, you chooses bad projects and now you are putting blame on all altcoins, next time make sure you choose better altcoins in the market, do strong research and diversify your money
Only few projects are legit with a vision for the future. Actually, it's probably only a handful of them. ICOs have been scammy since the beginning when there's been an insane explosion of shitcoins with fairytale whitepapers that were sold through ICOs. Choosing which coins are fine and which aren't is an easy job if you study them. The thing is, they'll never get past BTC so most alts will mostly only pump & dump during stable Bitcoin timeframes. |
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qigong13
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June 13, 2020, 12:51:56 PM |
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You should know better as don't hodl unknow, unpopular crypto that long and should have sold even for a loss back then. Please don't blame the strategy of hodl long term because of your fault.
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gwaposakon
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June 13, 2020, 12:53:31 PM |
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Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
I can relate to you on this. My crypto wallets right now are full of coins that were once very promising cryptos. Maybe it is my weakness that I hold on to these coins and their projects that eventually were dumped in the market. Having learned my mistakes, I ventured into trading. and slowing I somewhat regained some of the value I lost. |
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LbtalkL
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June 13, 2020, 12:53:56 PM |
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I should say you are not holding the most trusted, genuine, and good projects, because of what happened in you. If it is a really good and trusted project it should survive no matter what the market is, either bear or bull. But as you say it became nothing so it is a sh*tcoin, pump and dump project, only exist on bullrun. Avoid projects like that and run a review carefully, I trust projects which have years of existence and have truly a working product or platform but I don't close my doors with newly created projects with potential.
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cabron
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June 13, 2020, 12:54:24 PM |
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Its going to be meaningless when its got not value after waiting for a long time but if these tokens grew its value, you wouldn't say it's meaningless to wait that long.
Early 2018 is just a bad year to start looking altcoins if you just notice. Most of the holders are all selling because its the start of the crypto bear market. You are not just the only one who was devastated by the collapse. Many of us lost money too. The worse thing is that this covid19 which makes this a tragic calamity of all times.
But now that we learned our lesson, there is still a chance for us to regain what's lost. Stick to valuable coins only.
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sangjoewara
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June 13, 2020, 01:00:40 PM |
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If you want to hold altcoin long term, then you have to choose the best altcoin in this market. ETH, BNB, XLM .. these are the best altcoins you should buy. If you buy tokens from an ICO, I believe that 99% of those projects will die or collapse in the future
Yes, the tokens that you mentioned are indeed the best Altcoins on the market, but if we look at the price conditions at the end of 2017 until now it is very different, meaning that if we ever buy tokens that you say at the end of 2017, so now we are still at a loss. |
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Malam90
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June 13, 2020, 01:11:05 PM |
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Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
I was holding many tokens in the last part of 2017 and after the first quarter of 2018, most of the tokens became valueless. Some of the tokens got delisted totally from coinmarketcap or even from any exchange. I had to face huge losses of my investment. Now i am a small trader because i have lost my assets which i invested and tried to hold even after getting 100% pump. Now i realized that when i get pump of my holding coins, it is wise decision to take profits in the pocket. |
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helloinox
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June 13, 2020, 04:11:14 PM |
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This is the reason why you never put your trust in one thing solely. Think it as the common diversity advice that doesn't put your eggs in one basket only. If you stay too emotionally attached to something, in this case, the trust then you will make a wrong decision (hold it for too long) and hurt yourself.
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