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Author Topic: why do you keep allcoins?  (Read 1829 times)
Silver80 (OP)
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July 25, 2021, 12:07:15 PM
 #1

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?

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July 25, 2021, 12:19:12 PM
 #2

If the project doesn't die then it could go up. BTT and DOGE are good projects and you can see it due to their volume. Waiting for years is going to be your problem because it's a waste of time. BTT had shown significant growth last bullrun. I'm not an investor of it but seeing how long it will take, I would have sold it already in exchange for BTC.

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July 25, 2021, 12:52:37 PM
 #3

If the project doesn't die then it could go up. BTT and DOGE are good projects and you can see it due to their volume. Waiting for years is going to be your problem because it's a waste of time. BTT had shown significant growth last bullrun. I'm not an investor of it but seeing how long it will take, I would have sold it already in exchange for BTC.
most of the old players do the same thing, they sell other coins and accumulate it on btc and on ETH so they have price stability and very accurate predictions, and both coins have a huge impact on the price of other coins even though sometimes like TRX has its own market prey,  I hope the BTC is collected very attractively and even a citizen is used for applications when the price is fantastic, the spirit of collecting BTC from the bounty project or aidrop, boss

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July 25, 2021, 01:32:21 PM
 #4

The only altcoins I have are coins I’m using for something. There are some unique services that are only offered by certain blockchains and are unable to be done on Bitcoin’s blockchain. I don’t believe in buying coins just for the greater fool theory, but if you believe in the blockchain there is good reason to support it.

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July 25, 2021, 01:59:26 PM
 #5

Altcoins are more profitable than BTC that's why I have more altcoins than BTC in my portfolio but I don't keep all coins for long because some crypto projects are only good for short term investment only, at one point in time you have to let go before it's too late , it's always good to take profits

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July 25, 2021, 02:15:55 PM
 #6

The thing is, the issue with holding altcoins is that they are more or less short term projects and they can pump and dump in a flash making it pretty difficult to hodl Altcoins for the long term. Many projects I can prolly refer to as "lottery coins" have produced large returns at one time or the other for a few people, but they are not coins that you consider hodling for the long term, thus that's what makes Bitcoin, Ethereum and a few other dex crypto better options than the majority of altcoins.

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Silver80 (OP)
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July 25, 2021, 02:27:02 PM
 #7

The only altcoins I have are coins I’m using for something. There are some unique services that are only offered by certain blockchains and are unable to be done on Bitcoin’s blockchain. I don’t believe in buying coins just for the greater fool theory, but if you believe in the blockchain there is good reason to support it.
so you will sell existing coins get from bounty and airdrop programs and make coins that you think can be used, emm that's also a pretty good idea especially you are a donator whose coins continue to exist and disappear after you share them, good job for donator😁😁😁

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July 25, 2021, 02:27:22 PM
 #8

I will not withhold coins from new projects. especially, for now, you can see most new projects just create hype then dump badly.
when I get a profit I will leave the market and switch to the top market altcoins. that's what I often do to benefit from new projects. although sometimes regret not withholding coins from the new project that made the pump after I sold it. but that's just a few projects.

indeed some people sometimes have optimism in planning long-term investments in new projects.
closest I believe 1-2 years of project development. if the good investment can change the initial plan to be longer if you see an attractive market opportunity.



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July 25, 2021, 02:31:18 PM
 #9

New coins will only be pumped when the trend is still happening whereas if we wait for it to peak again in a long time I'm not sure this can last and usually new coins will die in the middle of the journey especially most coins now are memes that have no definite product .

So for me this won't last much longer, especially for years, it's better to use it when it's still a trend, don't just wait because you want to pump it again, it's still impossible going forward

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July 25, 2021, 02:42:59 PM
 #10

New coin = new chain, I will always try to do that as long as the new legit coin has already been introduced to the market. it doesn't matter how much ROI can be reached by the new coins as long as im in profit and im fine.
I can get out from the market anytime as I want. There's no need to feel worried about that when you are in a big profit.
I can also get out from the market when i got profit and use some of this profit to invest in new coin.

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July 25, 2021, 02:50:09 PM
 #11

When a project is coming in market with some real use case which will benefit uses the the early entry gives huge profit. Bit we need to recognise the potential in early stage. Altcoins are profitable but not as secure as bitcoin as they are controlled by team. I don't keep altcoins for years except the coin has extreme potential.
Simple thing to me, Make money from alts by trading in short term and convert it into btc and hold for long term.
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July 25, 2021, 02:56:09 PM
 #12

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?

It is difficult to determine exactly in time whether it will be in a year, 3 or 5 years, because it mainly depends on the price of Bitcoin. Big increases in altcoins and tokens occur mainly when Bitcoin's price bull run occurs. Unfortunately, it's hard to say when the new ATH will come on the BTC price, but I hope it will be this year. So my answer is that the best time to sell will be the next ATH for the Bitcoin price, and I think it will happen in the next few months.

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July 25, 2021, 03:07:45 PM
 #13

Altcoins are more profitable than BTC that's why I have more altcoins than BTC in my portfolio but I don't keep all coins for long because some crypto projects are only good for short term investment only, at one point in time you have to let go before it's too late , it's always good to take profits
I think if you are a bounty man or a trader it is natural that there are many allcoints in your portfolio, both large and small just for profit, this style is suitable for traders without having to hold coin.

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July 25, 2021, 03:39:48 PM
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Altcoins is my favorite investment, therefore I still have several potential altcoins, such as the eth and the bnb, I will not sell them before I make a profit, even though currently these two altcoins have dropped dramatically, but I am still optimistic if ETH and BNB will create a new ATH again,
hahaha, so you bought it at a high price, the spirit to keep it if these 2 coins I doubt will not go up in the future, but I'm sure for the next 2 years it will be difficult to surpass the new ATH again.

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July 25, 2021, 03:48:27 PM
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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?
Active traders don't have to wait too long for a coin to increase, because they will always see opportunities on all the coins that are already in the crypto space, so new coins that have a good roadmap will always be targeted by many people like SOV, PYR, ICP and others too.

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July 25, 2021, 03:49:55 PM
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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?

some people hold Altcoins for assets and wait for the price to rise until they make huge profits.
DOGE prices will not go down and run out even though there are many new coins popping up because DOGE coins are already famous and have a lot of fans, this is why DOGE holders don't want to sell all the DOGE coins they have.

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July 25, 2021, 03:55:14 PM
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Instead of BTC altcoins have a big use-case and big investor market. In the case of BTC, most of the people were holding it to make a profit when it goes up but for Altcoin, it provides a decent profit through trading in a very low pump dump because of its low price with a big holding amount. So, keeping an altcoin Instead of BTC is also a profitable side but always be sure to keep a separate blockchain coin instead of tokens because it has more chance to give a good return than tokens, In my opinion.
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July 25, 2021, 04:09:32 PM
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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?
Most of the coins in my wallet are from shitty bounty campaigns. It's not that I want to keep it but it just I have no choice but to keep it because there is no market to sell it so I just let the coins buried there.
However, stuff like Doge and any old classic coins are considered have potential because it's been long known from the community and sometime these coins would rise up in the future.

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July 25, 2021, 04:23:58 PM
 #19

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.

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July 25, 2021, 05:29:19 PM
 #20

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 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.

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