How do you feel about altcoin long-term performance?

[rat03gopoh]

I do exclude any altcoins from being held long term. I only buy and hold them for at least a month when there is good news about their development, the rest is for day trading. After all, Altcoins are an unhealthy asset. The price movement sometimes goes against the flow due to internal factors of the company. In the past, I've lost a lot holding new altcoins.

[MCobian]

I don't agree with the opinion that holding long-term altcoins will lose our money. Because there are several altcoins that
are great for long term investment,  so if you want to invest in altcoins you have to be able to choose the right altcoins.
My advice is to choose altcoins that have high volume, and are also popular, this will make them recover very quickly
if the price drops. But don't compare it to Bitcoin which recovers very quickly, altcoins recovery is relatively longer.

[jademaxxiss012]

Bitcoin is really a good digital currency though it is independent on its own as currency and no one could regulate it except if the creators or founder itself would like to manipulate the system. However,  I can't be sure also if system could be manipulated because the blockchain itself had under gone 51% attack but I do not know if it was successful or not. But the good thing bitcoin remain good and that should be something we should be happy about it.

[tsaroz]

Anyway you look at altcoins, they are all disappointment. But still, we need to keep looking them in different ways.
Ethereum and other popular alts have not reached their all time high or not rose in comparison similar to bitcoin. But what we should also consider is altcoins are not bitcoin, they have their own use case and the price change similar to bitcoin could have an adverse effect on it's use.

[CryptoLogo]

Anyway you look at altcoins, they are all disappointment. But still, we need to keep looking them in different ways.
Ethereum and other popular alts have not reached their all time high or not rose in comparison similar to bitcoin. But what we should also consider is altcoins are not bitcoin, they have their own use case and the price change similar to bitcoin could have an adverse effect on it's use.

In the long run, there really isn't much point in choosing altcoins. As practice shows, they are too dependent on bitcoin and do not recover properly after major drops.
Bitcoin as an independent unit looks much better, because in general, the whole trend of the existence of bitcoin can be called positive.

[hatshepsut93]

Anyway you look at altcoins, they are all disappointment. But still, we need to keep looking them in different ways.
Ethereum and other popular alts have not reached their all time high or not rose in comparison similar to bitcoin. But what we should also consider is altcoins are not bitcoin, they have their own use case and the price change similar to bitcoin could have an adverse effect on it's use.

They only have hypothetical advertised use-cases, and serious investors understand that and avoid them. This is the reason why institutional investors are picking Bitcoin over any altcoin.

I don't agree with the opinion that holding long-term altcoins will lose our money. Because there are several altcoins that
are great for long term investment,  so if you want to invest in altcoins you have to be able to choose the right altcoins.
My advice is to choose altcoins that have high volume, and are also popular, this will make them recover very quickly
if the price drops. But don't compare it to Bitcoin which recovers very quickly, altcoins recovery is relatively longer.

This is a poor advice, volume and popularity don't guarantee that a recovery will happen, there's no connection here. Also, the point of long-term investing isn't recovering from losses, the point is having high returns, and altcoins have no reason to yield high returns over long time - for that to happen, they would first need to actually deliver on their promises, and even here they fail. Take Ethereum for example - who uses it as a "world computer"? Ethereum team promised that everything will be moved to smart contract and centralized system will be abandoned, but the only thing ETH achieved is an ecosystem of tokens, which are mostly used for scamming.

[cassavachips]

In the long term, we could see good and bad altcoins. Even though their prices have dump, they continue to survive and innovate because all crypto prices are so volatile.

I have never regretted holding several altcoins like ETH and LTC. Because there will be times for them to go up and down. The most important thing is not to buy at a price that is too high.

[bttmember]

Bitcoin is already 20% higher than it's previous ATH: $20,000 -> $24,000

Ethereum is 2 times lower than its ATH in USD and more than 4 times lower than its BTC ATH. Bcash used to cost a whopping $12,000 at one moment, now it costs $300. XRP went from $3 to $0.6

And these are top coins, so I'm not even going to start recounting how many coins went to zero in the last few years.

It's pretty clear that holding any altcoin for years will lose your money, either by losing compared to BTC, or by straight up losing USD value.

I know there is a lot of disappointment in the community regarding the performance and price of altcoins but i think this was expected now we cannot do anything but just see btc mooning to 100k or even more and then we can expect the alts to move big but only after btc jas found new peak.

[Ryker1]

I really feel indifferent and uneasy when it involves altcoins because one thing is clear; most altcoins are not bullish on the long term which means you just simply cannot buy the dip and hope for a yearlong pump; instead an altcoin could get delisted and perish in weeks. Only bitcoin, etherum and few other altcoins are bullish long term.

Well, I have some altcoins and tokens in my wallet. Some of them are listed and some of them are abandoned by the owner. I don't expect too much in low-value altcoins, sometimes I think that they are worthless and just a decoration in my wallet that I have these nonsense altcoins. Altcoins that on the top of the Coinmarket cap has a potential it seems good but the rest, I don't know if they are good in long term holding performance, they are just hype and perhaps they will able to gain mass adoption, but at the end, they will get dump and becomes useless altcoin.

[Sled]

The growing number of altcoins makes the market more alive and full of competition but somehow, many were also becoming dead as they are abandoned by their developers which is also a factor that people will ignore them and focus on Bitcoin.
I'm still holding altcoin but only Ethereum, yes, I have some bounty rewards in the past but they are all dead now, that seem worthless, and not to mind them anymore.

[chanler]

This is the bullish time of Bitcoin, but not yet for altcoin season, There may be still waiting for the right moment after Bitcoin really reaches the highest ATH again and being quite stable at that rate. Altcoins season, I am pretty sure, will be coming., However, we are still waiting for it right now. yeah, it may be quite different from the previous alt season that was almost similar time with Bitcoin Bullrun, but his time is likely late.

[AssociatesBumble579]

Bitcoin is a stable coin at all. Its rate is higher than the other coins. In this situation, it would not be wrong the Altcoin is in a down coin. Defi is most important for Increasing the Altcoin value Because in last year BTC was counted as down coin a but at the same time ALH was higher than another. So, In this calculation the legit description is the ratio of ATH value depended on the father coin value, When a father coin value going to high than the son coin.

[Bitstar_coin]

Not all alts have a good long term performance, this is the reason why am finding it difficult to decide whether to hold some alts long term or short term, if you look at project like waves, link, bnb ..... etc in same category, some have appreciated over time while others have done nothing but depreciate over time, as a result of this, it is hard to pinpoint what alts can perform better in long term because it important to know this.

[HerbertMarcel]

Everyone thought that ETH will pump up after the ETH 2.0 launch well it did well for this time . And bitcoin is like the center point of crypto currency so its user base will never go down look at the market now. Altcoins continue to evolve and many of them have a real product that they serve.

[bitcoinst]

Many have waited 3 years to sell their altcoins, and are still waiting.
They fell so low in price that they will never recover to the levels at which they were bought. Bitcoin is the way out.
Buying at the bottom, of which there were already several, you can increase your capital several times. The main thing is not in a hurry.

[BitindaHouse]

Even if all these factors of the fall are taken into account, many people can make money on it, and they earn not bad money, especially in second-rate countries ... in India, Pakistan, Belarus, of course, for an American citizen it will not be interesting, because this is not the money for which you have to work so hard.

[NextDoor125]

I don't think so, because most coins are growing very fast, such as BTC, ETH, BNB, XRP, . They are already double their pervious price, if you invest this type of coins then already you're in loss, and other things if you invest in a new altcoin for long-term performance then you are a challenge and risk because you have to fight with the best coin. And I'm pretty sure those coins are trading well in this market, and you just waste your money with your new coin. And if you have the best altcoins then I prefer you should go with long-term performance, because those coins are profitable and give you good feedback. Maybe in the future, it's going into the sky.

[Fivestar4everMVP]

There are still several altcoins that's worth holding, and this alts have proven themselves, for example, Ethereum is an alt but if I hold it, I would be bothered or afraid of it ever going to zero, Infact, Ethereum might even one day over power bitcoin if care is not taken, there are still some other alts that are also as good as Ethereum, but finding and investing in them is the opportunity am looking for.
But to share my thought, I believe alts also have a very bright future but not every alts, it's just the serious few that does.

[coinswebid]

Bitcoin is already 20% higher than it's previous ATH: $20,000 -> $24,000

Ethereum is 2 times lower than its ATH in USD and more than 4 times lower than its BTC ATH. Bcash used to cost a whopping $12,000 at one moment, now it costs $300. XRP went from $3 to $0.6

And these are top coins, so I'm not even going to start recounting how many coins went to zero in the last few years.

It's pretty clear that holding any altcoin for years will lose your money, either by losing compared to BTC, or by straight up losing USD value.

but i believe top altcoins such as ethereum is a good coins to hold mate
as we see now, ethereum already break its ATH, and i'm sure other top altcoins will follow to except xrp

[GreekCoiner]

Seems that it was the gaming/NFTs time to run now. Since ENJ, MANA and now SAND pumped, I guess that long-term holders should be happy.