shata (OP)
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June 23, 2020, 12:43:40 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?
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Furryball
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Activity: 490
Merit: 19
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June 23, 2020, 01:45:38 PM |
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If you recklessly choose altcoins because you want to make it big in future you will end up been disappointed, forget 'for the sake of making it big' and focus on spotting the quality projects out of many dumb projects in crypto space, belief me they are many
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Fesatmas
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June 23, 2020, 02:14:52 PM |
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Difficult to see or hold with 50 altcoin is overcome because it is currently difficult for altcoin to be the season as desired, therefore I prefer in the short term compared to the long term with no meaning.
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FireBallex
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Activity: 462
Merit: 19
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June 23, 2020, 02:25:14 PM |
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I'd rather hold few good altcoins and focused mainly on top projects like Bitcoin and Ethereum than holding 20 altcoins unless all the 20 are old projects like Monero , dash , litecoin, neo etc, if you are mainly focusing on new altcoins I pity you, just invest what you can lose, the choice is yours to make.
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traderethereum
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June 23, 2020, 02:32:33 PM |
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Rather than holding 50 altcoins at the same time, I prefer to keep bitcoin for a long time because I see that the altcoin will go down every year, and as we see now, all of the altcoin prices have down at the lowest price. So you can imagine if you bought that altcoin at a high price, how you can hold your emotion to see the altcoin price is down from time to time until the price reaches the bottom price like today. But if you hold bitcoin, although the bitcoin price is down for one year, you will see that the bitcoin price can increase, and the price can break the high price, and back to the last highest price.
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ene1980
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June 23, 2020, 02:34:24 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... I am holding a few altcoins which i purchased when the price was really low for the long term and i still hold Cardano, Tezos i cashed out my initial capital and some profits yet holding and then i am holding TRON. Just an experiment to see how the market will react in the next rally and what all coins will rise, i do hold some alts that are dead and lost a lot of money in them but the overall experience is not that bad and the important part is make sure that you hold the coins that have an established team for the long term.
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Vishnu.Reang
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June 23, 2020, 04:36:11 PM |
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I am someone who tried HODL since 2017 January. I will tell you the truth. Not a single altcoin or token that I held for the long-term gave me good returns. Perhaps I was unlucky and I chose the worst coins possible. Or perhaps most of the altcoins and tokens are not suitable for long-term holding. At least 50% of the coins that I held are no longer traded. They are either dead or dormant.
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Festac
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Activity: 210
Merit: 10
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June 23, 2020, 04:42:30 PM |
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Having many altcoins in your portfolio doesn't increase your chances of success at all, it's all about quality over quantities, shit coins will always be shitcoins, not all altcoins are good for long term hold, most are just going to be bullish for a short period of time, I personally don't like holding altcoins for long term
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tsaroz
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Vave.com - Crypto Casino
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June 23, 2020, 04:48:04 PM |
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That would be a safe way to invest and profit if the expected bull run happens. But if the bull run didn't come up within the next 5 years, 50% of those top 50 (25) coins would be replaced by the newer ones. I would not recommend people to jump into 50 coins but to go with 5 to 10 coins you believe in. Holding till you get a good profit too might not be a good idea as there are no certainty of a bull.
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ice18
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June 23, 2020, 04:49:15 PM |
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Having many altcoins in your portfolio doesn't increase your chances of success at all, it's all about quality over quantities, shit coins will always be shitcoins, not all altcoins are good for long term hold, most are just going to be bullish for a short period of time, I personally don't like holding altcoins for long term
he is talking the top 50 altcoins in cmc I dont think you consider this as shitcoins because this altcoins are one of the best in the market and has huge volumes.
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ecnalubma
Sr. Member
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Merit: 420
www.Artemis.co
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June 23, 2020, 04:56:58 PM |
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Depending on the altcoin that you will hold some of them could really worth a fortune in the near future as long as you did a research before you accumulate them. 3 or 5 years is good enough considering that most of those projects made good progress already over time, majority of the investors are good with that strategy.
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batang_bitcoin
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June 23, 2020, 05:01:41 PM |
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20 is just too much for me. I'm okay with holding Ethereum but not everything that's on the top 50 are good for me. If the amount of money that I'll invest and spread for those coins, it's wiser to invest that money to bitcoin and Ethereum. With at least these two best cryptos, you can maximize your profit and you don't have to doubt their potential. Maximizing with that quantity of alts for at least 20 is really a lot.
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Pecunia non olet
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PayAccept - Worldwide payments accepted in seconds
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June 23, 2020, 07:16:31 PM |
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If you hold Bitcoin, then you would have better profit than if youl hold portfolio from coins from top 50. You should realize it to prevent future losses when you fall into FOMO when altcoin season happen. Remember, that altcoin season last only few months, but Bitcoin is bullish 10 years!
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LbtalkL
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June 23, 2020, 07:54:21 PM |
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If it will have a run almost like bitcoin it is worth it. From 2009 until now it is more than 10 years, the growth of bitcoin is huge, I believe some altcoins can do it too. Yeah, I agree, the top 20 or 10 is a much safer choice right now. It has more chance of recovery after a market crash. Don't ever trust new projects with an unknown reputation. Considering you are planning to hold for 5 years, within those years you need to stick with your plans and not be affected by fuds, if good thing happens and we are having Bullrun sooner it is a good profit for holders.
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oscarftw
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June 23, 2020, 08:19:06 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?
There will be high chances, where are the big options. Highest investment is always profitable, if you are good at research. 5 years is more than I imagined. Altcoins Bear market is passing almost 2 years, now it could need more than 2 years for the next bullrun. Little money can't change your life, your investment should be over 20k USD. Only except for the top fresh coin which coin volume will go down in the future..
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StephenJH
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June 23, 2020, 08:32:45 PM |
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5 years are so more than expected, l don't think everybody can make so long investment, it is really a long time to wait for success and maybe it will not come. On the other hand nowadays in my mind investing in altcoins is not as profitable as you expected, instead of altcoins l would invest in BTC. l think it is more profitable than altcoins investment.
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Rengga Jati
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June 23, 2020, 08:49:56 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 do you know and determine that it is preparing for the next season? When is the next seasons? There is a lost of predictions and we cannot believe it directly. 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
For me personally, I will prefer to hold some top coins that may have good chance to reach its ATH again. However, I'm not a kind of person holding many coins. I will hold no more than 5 coins for a long term investment. They are of course (BTC and ETH for short and long term), compound, and also BNB. They are the most valuable as I think. If I'm looking for other new coins for holding, probably there may be some coins that are out of the top 50 but they have a good increase and also real use case. Coins likely DEP, APOD, and also LYN may have that chance although they are not popular enough. I may hold them for longer time although it is not many.
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qazgroup
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Activity: 1022
Merit: 20
RiveMont
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June 23, 2020, 08:51:38 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?
5 years is a lot of time, you are literally asking people to hodl till next bull run, under the current market scenario holding good alts for 2 years will be enough to benefit from the next big bull run if the market repeats the same cycle like we saw in 2017-18.
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shoreno
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June 23, 2020, 08:53:18 PM |
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5 years are so more than expected, l don't think everybody can make so long investment, it is really a long time to wait for success and maybe it will not come. On the other hand nowadays in my mind investing in altcoins is not as profitable as you expected, instead of altcoins l would invest in BTC. l think it is more profitable than altcoins investment.
success does not come in a short period of time . if you cant wait then dont try to expect for it . its been almost 3 years now but alts dont show a massive increase yet . we still have 2 years left . 5 years of waiting is already enough . i dont believe that no alts will show a good growth within that time frame . you cant compare alt to btc because we also knew that btc is more profitable and profits wont take much time too occur but we cant just left alt in building
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cryptofirm
Sr. Member
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Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
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June 23, 2020, 10:56:55 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?
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
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