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Author Topic: why do you keep allcoins?  (Read 1756 times)
Baihaki Khaizan
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July 26, 2021, 08:28:15 PM
 #61

As a bounty hunter I have held coins for quite a long time, even though at certain times the coin prices have started to soar and it is time for me to sell them, but because I am a beginner and not so quick to find accurate information, the coins I hold don't have any  value again.  so I learned from past experience, so now I no longer hold the coin for too long, if the selling value is suitable, then I sell it immediately.
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July 26, 2021, 08:36:56 PM
 #62

I keep some alts that appear to be good ones or reasonable ones for the possibility of earning good profit when there is a bull season, although not all alts can give good profit because most of them usually die off earlier than expected, more reason why holding alts is not very advisable, most of my alts o get as reward from bounty,  few of them I hold because of the project, majority I sell because they don't appear to be good for long-term.
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July 26, 2021, 09:00:24 PM
 #63

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?

yes new coin popping up every day and many new coin fail every day too, therefore the risk of investing in new coin is very big, so I prefer to invest in old coin which are definitely increasing, even though it takes a long time (more than 3 years) than I invested in new coin, but not until 3 months the project has failed and I lost my money.

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July 26, 2021, 09:17:59 PM
 #64

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?

yes new coin popping up every day and many new coin fail every day too, therefore the risk of investing in new coin is very big, so I prefer to invest in old coin which are definitely increasing, even though it takes a long time (more than 3 years) than I invested in new coin, but not until 3 months the project has failed and I lost my money.
Well there are coins that are really good to invest at. Just be picky and do not put all your money to a single basket. Specially if you haven't reviewed your investment thoroughly. Cryptocurrencies are high in volatility so be careful to be liquidated.
I could agree that those coins that thrived are still worth hodling and investing for.

odukoyaewatomi27
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July 26, 2021, 11:08:37 PM
 #65

I keep altcoins to make profit and increase the value of my portfolio...
Not all altcoins will be successful in the cryptocurrency market, some will fail and some will bring profits, the secret to growing your portfolio is to not be greedy and to always take profits in the bullish market, dont wait till the prices of cryptos start to fall before you panic and sell your altcoins for lesser prices
You can always reinvest when the prices are lower

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July 26, 2021, 11:56:57 PM
 #66

Altcoins are becoming an investment alternative to Bitcoin because of the potential benefits it offers. Altcoins in the crypto market reach more than 7000 coins and tokens, we should be careful to choose a good altcoin for investment, because many altcoins whose price movements are very extreme, not to mention projects that are just pump and dumps that can harm new investors.
The best altcoin choice in my opinion is the altcoin that is in the top 50 coinmarketcap because it already has a loyal investor base

I think we also cannot generalize that top 50 in marketcap are the best altcoin to invest, we should analyze first before we invest. I've ever holding XRP and XLM 4 3 years ago and those coins are on top 10 marketcap those days, i bought around 4$ and the price crash in one day. The price didn't even recover to 1$ although BTC already reach it's all time high this year. So top coins in market cap doesn't mean it's always good for an investment because anything could happen in crypto
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July 27, 2021, 12:14:06 AM
 #67

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 have still a lot of altcoins that are in my wallet, hose altcoins are mostly from the airdrops that i have been participated since 2017. I earned good profits from some of the altcoins that i received but mostly of them until now have no movements and seems to be scam coins. I keep altcoins until now to make profits even though not that much but still gaining profits from them.

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July 27, 2021, 12:56:26 AM
 #68

What I think about this is that the issue with investing with altcoins especially with those at the lower tier, is that these projects might serve as short term and there is a high risk on this. The frequent pump and dump on the coins and the possible influence Bitcoin gives to the alts is also factors that makes these altcoin very risky to invest. I keep ETH and BNB among other small ones. The thing here is, good research is the key to what good altcoin you can invest with.

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July 27, 2021, 01:09:45 AM
 #69

I hold the coin depending on the progress of the project.
If the project and the team really work according to the roadmaps they write, then I will wait for it to be completed.
Because I am optimistic if the project they are founded seriously is not impossible the project has a good future.

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July 27, 2021, 01:31:57 AM
 #70

I kept altcoin because I believed that bitcoin can be overtake by one of these altcoin someday! I know that bitcoin is the foundation of all crypto so it does't mean that bitcoin will be stay forever on the top of the ranks in cryptocurrency. Someday it will vanish on the #1 rank for me and one of my alt coin is the next one. So if you ask me what is alt coin is that? Its Elrond.
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July 27, 2021, 02:12:17 AM
 #71

I still believe and keeping all my precious altcoins in my wallet from the bounty campaign i participated since 2018 up to now. I sold half of the rewards and put the remaining coins into long term plan as for the future profit like doge and some other coins who has a bright future in coming years.
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July 27, 2021, 04:02:11 AM
 #72

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.
Very true, but in recent days BTC has gone up so that it affects the charts of some coins, although the increase has not been able to penetrate the ATH of the heyday made by Elon but for some who buy at low prices for some time it has produced a "new car".
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July 27, 2021, 09:57:00 AM
 #73

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.
if seen as active traders, they never wait for the right time, they just make a profit by selling and buying new coins with mature predictions.
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July 27, 2021, 03:39:22 PM
 #74

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.
There used to be rumors that Dogecoin was a trash coin because it didn't have a limit but who would have thought that now it is an influential coin coin
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July 27, 2021, 03:43:28 PM
 #75

if seen as active traders, they never wait for the right time, they just make a profit by selling and buying new coins with mature predictions.
It is difficult to make predictions ripe because the market is not a raw egg that can be fried until cooked, so active traders must also use their time to make profits in a matter of days.

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July 27, 2021, 03:51:10 PM
 #76

There used to be rumors that Dogecoin was a trash coin because it didn't have a limit but who would have thought that now it is an influential coin coin
Dogecoin is not trash, but a meme coin that has no real use, and if you read such rumors, then the person who said it I think doesn't really know Dogecoin, so do you know when Dogecoin was born? if you don't know try to search on google and read well.
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July 27, 2021, 04:10:30 PM
 #77

I still believe and keeping all my precious altcoins in my wallet from the bounty campaign i participated since 2018 up to now.
There are some differences between coins and tokens. As far as I know tokens are given as reward through bounty campaign not altcoins.
The most important thing to hold a long term is to choose the right coin.  You will definitely get profit if the judgment is correct.
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July 27, 2021, 04:56:57 PM
 #78

There used to be rumors that Dogecoin was a trash coin because it didn't have a limit but who would have thought that now it is an influential coin coin
Dogecoin is not trash, but a meme coin that has no real use, and if you read such rumors, then the person who said it I think doesn't really know Dogecoin, so do you know when Dogecoin was born? if you don't know try to search on google and read well.
maybe in the past dogecoin was considered a crypto asset that did not have a viable future. a lot of people are talking about this coin meme. but now that Elon has started his drama, everyone thinks Dogecoin has changed the crypto market. Everyone knows how hype Dogecoin created in the market this year. we get something big from dogecoin.
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July 27, 2021, 05:19:32 PM
 #79

In your title, do you mean altcoins?. For me, I keep many altcoins. I only keep altcoins that I made a research rather than keeping altcoins because of trends from people that  have influence.

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July 27, 2021, 05:23:46 PM
 #80

There are some differences between coins and tokens. As far as I know tokens are given as reward through bounty campaign not altcoins.
The most important thing to hold a long term is to choose the right coin.  You will definitely get profit if the judgment is correct.
More or less like that, because between coins and tokens there are clearly fundamental differences, such as coins that already have a platform and there are tokens that use their platform, so it's clearly different from tokens that only run on other platforms.

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