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reliable
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June 24, 2020, 10:15:12 AM |
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Looking at the chart of altcoin market, it is clearly seen that every alts now are at its lowest level and are preparing for the next alt season. Which indicates long accumulations if not yet...
How about hodling any coins from ETH, to any alts until Top 50, except, for those alts which did not passed top 50 market caps - cause normally they are literally pump and dump. So by hodling, I think for about 5 years from now. I think, I think..., it may definitely change your life, for the better, if not I highly doubted. Well if you hodl at least 20 alts, some might loss but most of it might gain profits. If only you are not too attached on the fiats, maybe you will hodl it by more than 5 years.
Someone agreed?
if you believe with your plan just do it mate because you will need a lot of patience, remember 5 years is not short, this is very long period time buddy and anything can happend in crypto space Experimenting with 50 coins for 5 years in crypto where the market volatility is very high would just be risky only. Though if someone has extra money and does not matter much to them then yes, it is a good idea to hold the coins and forget it for some years. But that is good ideally with the top coins or the ones which really has good potential to grow and not with any of the coins. I would if have to experiment would just do it with 10 coins max. |
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lienfaye
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June 24, 2020, 10:20:23 AM |
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There is nothing wrong in holding coins that aren't on top altcoin ranks on coinmarketcap, some coins with low market cap today will perform better tomorrow or even make it to top 20 ranks on coinmarketcap, it's all about doing research and taking risks, I'm presently holding ESH and Veil, not very popular but they have high chance of doing me big favour in future
I agree, im holding some alts that is not included on top 10 coins of cmc but I believe of the potential of these coins thats why I hold it. Im also a long term holder and been doing this for few years already, I can say that popular alts has a high chance of growth and can give potential profit. But I think it depends on the coin on how it will progress in the future whether its among on top 50 or not. |
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cabron
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June 24, 2020, 10:35:02 AM |
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You can have a lot of the tokens to hold but you really have to be that rich to bag a lot of them to get rich. Don't just bag about 10 ETH or 10 LINK that would be too few even if LINK price ATH reach up to $100 you still just have $1000 in the end if you dumped at the right time. You much ave success if you buy thousands of it. Probably 50K of ADA, 10K of CRO and some like 1000 EOS.
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Shohag123
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June 24, 2020, 11:20:31 AM |
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There is no surety that after 5 years or 10 years you will gain from altcoins you are holding.Okay i can give you a example of mine.I am a Neo fan and i have decided i will not sell my coin at any cost and i am holding my coin from 2018 and now 2020.I have bought neo in the price of 60$,70$ and even 40$ and
now Neo is trading at the price of 10-12$.So you can understand my situation.
Its good if you wanna hold some altcoins for long time.But you have to know your exit points.When you will sell your coin you have to decide the fixed amount of profit.After somedays or after 1 years your altcoin price may be double,then you have to know you will sell or hold.And if you think i will hold more days for more benefit it can go down to half from your current price.Then people can't take this and naturally everyone will panic and they may sell their coin.
Overall you first decide how much profit you want then you can buy top 20 altcoins for holding a long time.Hopefully it will help.
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someone703
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June 24, 2020, 11:25:58 AM |
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There is nothing wrong in holding coins that aren't on top altcoin ranks on coinmarketcap, some coins with low market cap today will perform better tomorrow or even make it to top 20 ranks on coinmarketcap, it's all about doing research and taking risks, I'm presently holding ESH and Veil, not very popular but they have high chance of doing me big favour in future
How do you know if there will be growth opportunities in the future? I came across these 2 altcoins at coinmarketcap, nothing too impressive. There are thousands of altcoins like this in this market and it will not be able to make you profitable in the long term |
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LazerPanther
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June 24, 2020, 12:32:54 PM |
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I think the majority of top-50 altcoins will be dead or unusable after 5 years. There are only few projects worth such a long investment, Bitcoin and Ethereum are among of them.
I don't think so, most of the altcoins in the top 50 coinmarketcap will continue to develop and release products. Because those are the best projects and are getting a lot of attention from investors |
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kkaroul4
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June 24, 2020, 12:40:56 PM |
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There is nothing wrong in holding coins that aren't on top altcoin ranks on coinmarketcap, some coins with low market cap today will perform better tomorrow or even make it to top 20 ranks on coinmarketcap, it's all about doing research and taking risks, I'm presently holding ESH and Veil, not very popular but they have high chance of doing me big favour in future
How do you know if there will be growth opportunities in the future? I came across these 2 altcoins at coinmarketcap, nothing too impressive. There are thousands of altcoins like this in this market and it will not be able to make you profitable in the long term In the future you cannot guess but we can analyze a project of its current development and the communication team on social media will provide answers to the research saying whether such a project is good or not to proceed as an investment or indeed there is no potential and the same with other projects |
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iv4n
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June 24, 2020, 12:43:04 PM |
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I think the majority of top-50 altcoins will be dead or unusable after 5 years. There are only few projects worth such a long investment, Bitcoin and Ethereum are among of them.
I don't think so, most of the altcoins in the top 50 coinmarketcap will continue to develop and release products. Because those are the best projects and are getting a lot of attention from investors It's a question how many coins will stay in top 50 in next 5 years. One thing is constant in universe, and in the crypto market as well, changes. I agree that bitcoin and ethereum will stay on top, as they are now, you can see that interest from people, but all others are fighting hard for their spot under these two! Compare the beginning, coins that existed before, and how many times we saw coins replacing each other. We can expect some changes in the next 5 years, who can predict them can make a lot of money. |
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Clegive8V
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June 24, 2020, 01:03:41 PM |
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It is better to know which currencies will last for several years and which currencies will expire in the coming years?
Not all altcoins are good investments, some of them are models that will lead you to lose all your money because their market value is zero.
bitcoin and eth is the best model and more than 99% of all altcoin will go to zero.
Top 50 is too many altcoins and you will lose 50% of them.
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minairia3
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June 24, 2020, 01:05:46 PM |
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If you are going to compare at least 2 to 3 years from now with the top 50. You will noticed that there are coins/tokens that have been replaced and only few retain into the top 50. Most likely these are eth, xrp, xlm, neo, ada and some exchange coins such as bnb. Then other projects are being replace and removed by a more dominant project. Cosmos are just new and still they managed at the top. Also you cant ignore the compound that are now at the top 20 of cmc and really pump hard since they started trading. Not sure if top 50 even few years from now can retain their position but I do know is those I mentioned will be there for a while.
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gwaposakon
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June 24, 2020, 02:27:57 PM |
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Looking at the chart of altcoin market, it is clearly seen that every alts now are at its lowest level and are preparing for the next alt season. Which indicates long accumulations if not yet...
How about hodling any coins from ETH, to any alts until Top 50, except, for those alts which did not passed top 50 market caps - cause normally they are literally pump and dump. So by hodling, I think for about 5 years from now. I think, I think..., it may definitely change your life, for the better, if not I highly doubted. Well if you hodl at least 20 alts, some might loss but most of it might gain profits. If only you are not too attached on the fiats, maybe you will hodl it by more than 5 years.
Someone agreed?
Looking at the unpredictable nature of the crypto market, the success of any altcoin I think is also uncertain. With just one wrong marketing move, it could signal its fall. But the best bet you can have right now for a chance for success is to stick on the top 50 coins. at least these coins have a good community and project behind them. |
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darewaller
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June 24, 2020, 05:07:57 PM |
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How about hodling any coins from ETH, to any alts until Top 50, except, for those alts which did not passed top 50 market caps - cause normally they are literally pump and dump. So by hodling, I think for about 5 years from now. I think, I think..., it may definitely change your life, for the better, if not I highly doubted. Well if you hodl at least 20 alts, some might loss but most of it might gain profits. If only you are not too attached on the fiats, maybe you will hodl it by more than 5 years.
How do you hold 50 alts that you don't even know where they are heading to in the next five years? And don't forget that any new coin can come out from nowhere and still make that top 50 list, even up to the top 20 list, and the ones you're calling the top 50 can still crash tomorrow. You're just not just sure yet where things will be heading to.. if I'm going to be holding any coin for that long, I will just go straight up for Bitcoin and invest in it and hold for five years or till the next bull run. One thing I know for sure is that if I invest now in bitcoin I will be able to make profit within the next one or two years. That must be a biggest guarantee which you cannot find nowhere else even with stocks on this pandemic times. Instead of looking for many altcoins, you may choose only one asset which will get you comparatively better ROI. |
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republicrypto
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Keep it Simple guys :)
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June 24, 2020, 10:18:32 PM |
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I think the majority of top-50 altcoins will be dead or unusable after 5 years. There are only few projects worth such a long investment, Bitcoin and Ethereum are among of them.
Maybe just few top 50 als will be dead my friend not in majority Because the top 50 als is a solid als with strong dev team and community Regards |
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24Kt
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June 24, 2020, 10:55:07 PM |
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How about hodling any coins from ETH, to any alts until Top 50, except, for those alts which did not passed top 50 market caps - cause normally they are literally pump and dump. So by hodling, I think for about 5 years from now. I think, I think..., it may definitely change your life, for the better, if not I highly doubted. Well if you hodl at least 20 alts, some might loss but most of it might gain profits. If only you are not too attached on the fiats, maybe you will hodl it by more than 5 years.
How do you hold 50 alts that you don't even know where they are heading to in the next five years? And don't forget that any new coin can come out from nowhere and still make that top 50 list, even up to the top 20 list, and the ones you're calling the top 50 can still crash tomorrow. You're just not just sure yet where things will be heading to.. if I'm going to be holding any coin for that long, I will just go straight up for Bitcoin and invest in it and hold for five years or till the next bull run. One thing I know for sure is that if I invest now in bitcoin I will be able to make profit within the next one or two years. That must be a biggest guarantee which you cannot find nowhere else even with stocks on this pandemic times. Instead of looking for many altcoins, you may choose only one asset which will get you comparatively better ROI. Very tough if you look at all those in top 50, even top 10 is hard. BTC is still the first choice to hold long term as you can never go wrong with it. But other alts, it is hard to identify their fate as it depends mostly on their developers. If the devs decide to cash out and move on, your alt is gone. But of course, you can invest on some of them, but you should do your own assessment before investing. |
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Helpme_please
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June 24, 2020, 11:41:23 PM |
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I think the majority of top-50 altcoins will be dead or unusable after 5 years. There are only few projects worth such a long investment, Bitcoin and Ethereum are among of them.
Maybe just few top 50 als will be dead my friend not in majority Because the top 50 als is a solid als with strong dev team and community Regards top 50 filled by good projects, not all of them will dead but maybe replaced by another project which is have better quality. today and in future we will see blockchain technology will developted with many varian and technology and if these top 50 could not follow this changes they will replaced and investor move their money to better projects. |
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michellee
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June 25, 2020, 01:32:10 AM |
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Very tough if you look at all those in top 50, even top 10 is hard. BTC is still the first choice to hold long term as you can never go wrong with it. But other alts, it is hard to identify their fate as it depends mostly on their developers. If the devs decide to cash out and move on, your alt is gone. But of course, you can invest on some of them, but you should do your own assessment before investing.
He can avoid investing in altcoin if he is worried about the volatility of the altcoin price, and only invest in bitcoin. Maybe he can try to analyze only on top 10 altcoins, so he doesn't have to spend more money in analyzing to find the coin to invest. That is why we need to search for the right coins, so we can make a profit, and don't invest in the newcomer because it is hard to analyze that coin. But the most important is we know how much money we need to use to invest. |
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DabsPoorVersion
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June 25, 2020, 01:50:27 AM |
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Very tough if you look at all those in top 50, even top 10 is hard. BTC is still the first choice to hold long term as you can never go wrong with it. But other alts, it is hard to identify their fate as it depends mostly on their developers. If the devs decide to cash out and move on, your alt is gone. But of course, you can invest on some of them, but you should do your own assessment before investing.
He can avoid investing in altcoin if he is worried about the volatility of the altcoin price, and only invest in bitcoin. Maybe he can try to analyze only on top 10 altcoins, so he doesn't have to spend more money in analyzing to find the coin to invest. That is why we need to search for the right coins, so we can make a profit, and don't invest in the newcomer because it is hard to analyze that coin. But the most important is we know how much money we need to use to invest. That's true, he can invest directly to bitcoin if he is really worried about the price movement of altcoins, Even in top altcoins in the market, it is still unsure for everyone to invest without analyzing it. Regarding the new altcoins, I agree, we shouldn't invest until we have our own research about the altcoin because most of them are just after of making money out of their investors. |
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basicnecromancycr
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June 25, 2020, 05:04:52 AM |
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Hodling for at least 5 years requires a combination of steel of will and stone of nerves. Just think about it, what would be the motivation to keep when your money doubled? The increase chance always equals to decrease one. It's a tough job to complete.
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cryptoknightt
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June 25, 2020, 05:14:05 AM |
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true we can see the picture alt ranking above, they have survived the market crisis at the end of early 2018 until now.
while alt which is not good does not survive and many have been replaced with new ones.
I agree alt like eth, xlm, link, bnb and other top ranks will be fine in the next 5 years, even experiencing a rapid increase if the ALT season has arrived
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Dondeon
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June 25, 2020, 06:27:57 AM |
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Holding top 50 coin does not guarantee anything if I may say. This is cryptocurrency, so you should know that anything can happen. Nothing is certain as far as this space is concern and that is why everyone need to be careful when making any decision. Don't put your money in top 50 coin expecting to be rich in the future.
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