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Author Topic: why do you keep allcoins?  (Read 1845 times)
Luffygroove
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July 29, 2021, 03:02:06 AM
 #101

yeah, this is what I'm thinking of all night long. Been there, done that. It's a dilemma for me. However, I've never held a project that I don't have faith in it. I only held to a project that I have confidence would be there for a long time run. I'm not a short-time trader because I'm not good at trading but I enjoy analyzing a project with good fundamentals and team members. Not seldom do I feel nervous to trade, that's why I prefer to sell it when I think it's near to its full potential and at the right time. Silly maybe, but it's only me.

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July 29, 2021, 03:43:49 AM
 #102

Altcoins are more profitable than BTC
I partially agree, are altcoins big profits? sure, but there are thousands of altcoins you have to choose right to achieve big profits but the risks of altcoins are also huge. I also believe altcoins have a future if they fit in and solve the problems that remain in niches. While, bitcoin is unique, bitcoin accounts for more than 60% of the total market capitalization. This is very important. Personally, I would choose both to invest.
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July 29, 2021, 03:43:56 AM
 #103

But we usually target profits not from how long we're going to hold back . However, how much profit is x2 of the capital we invest. However, the problem I often encounter is that we are usually so greedy that it is difficult to get the profit we expect.
You have to analyze the market properly and hold the currencies if you become greedy you will lose everything it is better to hold the altcoins. If you choose the right currency you will notice the benefits and the risk is much less if you wait a long time you will get more profit than expected.
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July 29, 2021, 04:10:46 AM
 #104

Somewhere around 10,000-15,000 different altcoins and tokens exist as of now. Out of them, I would say that 100-200 may be having good future potential. In my part, the only altcoins that I hold in significant numbers are BCH and ETH. I would like to hold some ADA as well, but now it has gone up by too much. Unless there is a big correction with Cardano, I don't have any plans to invest in this coin. One issue is that I need to create the wallet, in case I want to own ADA. Creating Cardano wallet has easy BTW, compared to the early days when we had to install Daedalus.

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July 29, 2021, 04:24:05 AM
 #105

Somewhere around 10,000-15,000 different altcoins and tokens exist as of now. Out of them, I would say that 100-200 may be having good future potential. In my part, the only altcoins that I hold in significant numbers are BCH and ETH. I would like to hold some ADA as well, but now it has gone up by too much. Unless there is a big correction with Cardano, I don't have any plans to invest in this coin. One issue is that I need to create the wallet, in case I want to own ADA. Creating Cardano wallet has easy BTW, compared to the early days when we had to install Daedalus.

Ada's price goes more than $2.40 back in May of this year, so the price today could be the lowest possible as you could get as it's like the correction price. You may not see it dip below $1 but you can keep waiting who knows, a bug could be discovered and the price could plummet.

If there is a token to keep, It'd the ones I could lend or stake on DEFI platform. There are so many of them that you could profit from APY like WAVES or EOS which is cheaper.

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July 29, 2021, 04:28:06 AM
 #106

It would be good to know that long term hodlers are really profiting very much, take for an instance BNB was around $20+ as of last year, checking the prices movement you will see $BNB hit a all time high of $700+, definitely who hodl Binance right from when it was $20 last year would surely be having insane gains, well for me I think it would be better to have a take profit for altcoins because price do fluctuates you can certainly make a cool profit and still loose it  to the market except you intend on holding for years or you strongly believe that the project will do better in future.

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July 29, 2021, 04:56:13 AM
 #107

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.


if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?

This is what people in the crypto world want, significant profits are not enough, instead they hope the price can match btt, while doge was at a pretty perfect bargaining price, unfortunately the price couldn't be maintained.

Most of these coins are able to grow in the next 3 or 5 years, meaning that the process of strengthening in the market will take quite a while, given that so many new coins are emerging and are not able to provide meaningful value for people to invest.

To reach the top of the best coins, it takes a long time to fight. Otherwise, the coin will not last long in the market at a stable price. Something that starts slowly, will most likely last a long time in the market and the price will remain stable under any conditions.

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July 29, 2021, 07:00:02 AM
 #108

Waiting for a risky project to pump is waste of time and money. If you want to wait for 2,3 years then invest in a Strong project. BTC, ethereum, and ADA will be best for investment. There will be daily 2 or 3 projects which pumped only for once. So take a right entry in crypto, because it is full risky.
Long term investment as you said is something that is certain to be profitable and will always increase in the future, but what is certain is the coins that can produce clearly bitcoin and ethereum and probably a small number of the best ranked altcoins.

but if anyone wants to do daily trading or short-term investments there is also no problem if the coin movement is very active and can take from the difference that occurs, but right now the situation is indeed not improving and the analysis can be wrong it can be detrimental.

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July 29, 2021, 08:28:10 AM
 #109

ETH, BTC these coins that I will always keep in some % of my portfolio at any big price. These coins are fundamental and there is no doubt that the demand for them will only grow in the future.
There are other reasons for all other coins / tokens. In the end, someone has to keep all these "candy wrappers" Grin
One of the other fundamental reasons why I'm also still holding onto the altcoins I own today is, it's because the demand for them in the market is still so great. In addition, when I searched for information about its development on Telegram, the team provided quite interesting information. One of the coins that are growing quite fast is Citizen finance. a few days ago the price was pump, and it reached quite a high price. well, there are still many projects that have such potential. So, choosing to hold potential coins is still a pretty good decision when you know where the project is going.

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July 29, 2021, 08:50:58 AM
 #110

ETH, BTC these coins that I will always keep in some % of my portfolio at any big price. These coins are fundamental and there is no doubt that the demand for them will only grow in the future.
These coins are worthy to hold even it takes long period before you can take profit because btc and eth are already well-established and proven to be a good investment.

Aside from btc and eth, I only keep coins that has potential and likely to grow in the future. I prefer the coins that already existing for years and though I also have new coins/tokens included in my portfolio but they're only few.

Im holding to gain in the future with a set price on when to take profit. Then repeat the process of buying again (at low price much better) then hold and sell.
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July 29, 2021, 09:29:15 AM
 #111

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.


why keep it when you're already profitable, just sell it all later if it goes down buy again and go up a little sell it, don't need to think too much about it

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July 30, 2021, 03:43:46 AM
 #112

Until the next bull run comes. I don't keep that much altcoins in my stash but I know what I'm keeping is one of the top altcoins and I don't have to worry about how long I'm going to hold it so there is no problem holding it because it's one that I can rely on for altcoins. Even if I have to wait for so long, I don't mind since I've tested myself to hold such coins in a long time and I succeeded by doing that. In that case, it means that whether it takes 1 year or more, that's totally fine to me as I hold it.
Procedure that is quite tested to keep allcoin, there is no best patience to get extraordinary results, sometimes some people will feel the need to learn to you

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July 30, 2021, 03:53:45 AM
 #113

while new coins are popping up all the time, still waiting for him to peak again?
I hope-BCD-this year can break-ATH-at least $100-my hope.

Btt-doge has passed ATH-I'm not interested in that Altcoin, I'm saving some BCD for future, don't know 2-4 years, for sure I'm expecting a win.
you can sponsor it up to ±ATH $100 BCD price by joining the pump and dump program, achieving expectations with their support

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July 30, 2021, 05:12:58 AM
 #114

It would be good to know that long term hodlers are really profiting very much, take for an instance BNB was around $20+ as of last year, checking the prices movement you will see $BNB hit a all time high of $700+, definitely who hodl Binance right from when it was $20 last year would surely be having insane gains, well for me I think it would be better to have a take profit for altcoins because price do fluctuates you can certainly make a cool profit and still loose it  to the market except you intend on holding for years or you strongly believe that the project will do better in future.
Last year I didn't think BNB could go that high. at that time coin exchange was not so popular, right? but look how fast the trend is changing, and coin exchanges are starting to get more attention, even being traded globally on other potential exchanges. indeed there are projects that run fast and slow, sometimes I think that luck also plays a big role in this ecosystem, too many surprises. even projects that we consider bad can go up significantly, and vice versa.

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July 30, 2021, 10:52:09 AM
 #115

I will say use cases and growth Imagine buying Ethereum ico at less than a dollar You will be a millionaire by now if you didn't sell Same scenario apply to fundamental strong coins Basically Eth will take time to turn 50% but alt can turn 200% in a short while just follow fundamentals first so you don't get rekt
learning the basics sometimes requires a teacher to learn or specialize, some people know that by learning autono but it requires careful observation and extraordinary flexibility, both btc and other allcoins

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July 30, 2021, 12:14:23 PM
 #116

Most altcoins has good future of doing well with great profits for investors who invest in it. Altcoins is another coins just like Bitcoin which had done well over long time of it's existence. The choice of Knowing which altcoin to invest in, is the major problem of investors trying to flitter a futuristic coin from meme coin without life. A lots of altcoins are in the market with good interface and developers presenting promising advantage for investors who buy the coin, increasing the risks of investors of knowing which coin that could be successful in the crypto market.

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July 30, 2021, 01:10:20 PM
 #117

There are top-rated altcoin that must be stuck into and be kept. Altcoin like ethereum,  polkadot,  bnb are believed to rise in the future.  There are other type of altcoin with potential e. g Dodo,  xrp,  etc  But other altcoin that are trending coin or experimental altcoin should not be kept in my view!

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July 30, 2021, 01:13:27 PM
 #118

that's because greedy human nature keeps them afloat and holding tokens that have reached their peak, for people who have had bad experiences in the past, because selling too late won't do that
it all depends on the assets and planning of the investors themselves. we will not know how investors make their investment plans. he may indeed have long-term goals that will give him a greater advantage.
all of that happened because of the belief in the project he supported. if for a new altcoin I'm sure such an event will not happen.

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July 30, 2021, 01:25:34 PM
 #119

I'm holding altcoins because at least it's not very smart to invest all your money in one asset. I'm holding everything in ownr wallet but i'm using only coins that been here for a while like ETH, LTC, BCH.
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July 30, 2021, 02:11:33 PM
 #120

many of us are aware that sometimes the coins that have recently gone up are quite drastic, even though we have made quite significant profits, but still hope that in the future it will rise more than the coins btt, doge and others rose from the golden age they have peaked now.


if that happens how long do you have to wait 2 years, 3 years, 5 years or...?

while new coins are popping up all the time, still waiting for him to peak again?
I hodl my coins because I have the believe that someday it will be worth more than the price now, its just like asking a bitcoin hodling why he's still holding unto his coins, selling at a low price is always regrettable alot of people can testify to that, which is more reason why hodling tends to pay more, even CZ once wrote on twitter that "if you can't hodl you can't be rich" and it's actually true, it doesn't matter how long you hold as far as you believe that the price will be much higher in the future then that's a more reason to hold.

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