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Author Topic: why do you keep allcoins?  (Read 1756 times)
Mahdirakib
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July 30, 2021, 02:16:08 PM
 #121

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!
Agree with you. If anyone has the plan to hold altcoins then he/she should choose those top rated altcoins and also those alts which have higher potential to increase in future. But I don't think dodo have higher potential to increase like the other alts you mentioned. Investing in new coins can't be worth always. And trending altcoins can be kept for a short time. I hold few alts like LTC, TRX, ETH as they have higher potential to increase.

R


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July 30, 2021, 04:09:09 PM
 #122

new coins isnt a threat to old coins that we have if that new coins are only a meme or junk coins and if we believe that old coins that we have do have a certain purpose .
 there is no exact time frame if how long we will wait but for me i can wait until i earn like a thousand dollar or more for each kind of coin i own  because for me that is already a good amount .
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July 30, 2021, 04:17:28 PM
 #123

new coins isnt a threat to old coins that we have if that news are only a meme or junk coins and if we believe that old coins that we have do have a certain purpose .
 there is no exact time frame if how long we will wait but for me i can wait until i earn like a thousand dollar or more for the coins that i hold because for me that is already a good amount .
old coins usually have strong fundamentals and also a large community so that old coins can last quite a long time compared to new altcoins that are popping up on the market today, maybe new coins are only suitable for short-term investments or use the ping pong system in trading, Usually new altcoins have fomo after being listed on the market so many people buy them but new altcoins are very risky for us to hold for a long period of time because these altcoins can be at risk of losing price (worthless) again.

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July 30, 2021, 04:51:45 PM
 #124

new coins isnt a threat to old coins that we have if that news are only a meme or junk coins and if we believe that old coins that we have do have a certain purpose .
 there is no exact time frame if how long we will wait but for me i can wait until i earn like a thousand dollar or more for the coins that i hold because for me that is already a good amount .
old coins usually have strong fundamentals and also a large community so that old coins can last quite a long time compared to new altcoins that are popping up on the market today, maybe new coins are only suitable for short-term investments or use the ping pong system in trading, Usually new altcoins have fomo after being listed on the market so many people buy them but new altcoins are very risky for us to hold for a long period of time because these altcoins can be at risk of losing price (worthless) again.

yes mate old coins exactly work like this and if there are bad old coins that are only a few but today there are so many bad new coin and only few are good .
their price only depends on the current hype so if we invest on them we make sure that we monitor the market frequently so that we can trade and exit .
 They are not worth to hold for too long because once this hype is over they are also over .
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July 30, 2021, 07:22:09 PM
 #125

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?
If me i will sell if there are urgent condition or maybe it can give me profit. That is why sometimes i regretted why i made that decision because sometimes my coins that already sold really get pumped but i don't have any other choices than feel grateful with it, so i am not wait for years, as long it profit maybe good amount of money and worth of waiting, i will sell my coins.

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July 30, 2021, 07:52:19 PM
 #126

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,
Ethereum has that potential but don't you think bnb will be affected with the recent Binance developments and likelihood of its current CEO stepping down?? If these don't affect it Binance coin will be among the best coins we have on the market and am going to be securing some.

Personally I buy and hold some of altcoins because they are a gem for me. I will not hold them if they are not potential and strong platform that will help to build crypto.
How do you determine the potential because we have many good projects and no-one ever talks about them.  Potential investors like Elon are out there drawing support for meme coins which are not big on innovations.
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July 30, 2021, 07:59:17 PM
 #127

someone saves altcoins maybe to make long-term investments, because a trader may have already done research on the chances that some types of cryptocurrencies will return to set new records.
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July 30, 2021, 08:15:16 PM
 #128

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?
Being patient is a key factor in crypto investments. To be sure your that you have chosen the right altcoin and to be able to estimate the pop up time you need to know their roadmap, their goal, and they have to be transparent unless you wont be able to track them. In any case if you are looking for safe and long term investment, I recommend you stick on the well-established altcoins and has been around in the business for several years already. Very good examples are ETH, LTC, XRP, ADA - my portfolio is packed with these coins. I am also keeping a fair amount of Stakenet's XSN in my bag. An underrated hidden gem which I believe will going to pump real big in the coming months.
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July 30, 2021, 09:37:14 PM
 #129

I sometimes still hold altcoins because I see the huge potential in these tokens, I'm here talking about the long term and it's all been proven in some of the tokens that I hold reach their ATH

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July 30, 2021, 10:50:20 PM
 #130

Personally I would hold some altcoins that do have good prospects like eth. We know that eth has a good and stable price. It's true that not all altcoins are good for long-term investments, therefore for other coins which I think are still relatively new but have good prospects, I will sell them anytime if I feel the price is good. We know that it is true that currently many new altcoins are emerging where we must be able to choose a good coin in the market. So indeed, with this many new coins, we must also be able to select the coins we will invest, which coins are good for long-term investments and which coins are good for short-term investments.

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July 30, 2021, 11:00:43 PM
 #131

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 depends on the coin, every coin is different from the other coins some coins get a pump when they hit the market, some coins took a long time, sometimes it even reaches years to develop and gets pump in the market, so if you are going to buy and support a coin be sure to be ready on the time frame where the coin will get a pump, I am holding coins that I thought is ready to pump but until now nothing happens.

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Silver80 (OP)
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July 31, 2021, 01:06:04 PM
 #132

When someone already sold his old coin at peak price and he knows that if the coin doesn't have more potential to go up and then he must jump to the another cryptocurrency to get the same way.
This is a speculative market when all of people in here to make money from the market. Some people were betting in the new coins caused by it has better potential than the old coin to grow.
Just look at how BNB was overtaking the litecoin in the past. That proves that if the new coin can be more reliable than old coin.
2 - 5 years of waiting? it's not a problem as long as it can make you to be the next millionaire.
sometimes being the next billionaire is full of careful speculation, sometimes speculation doesn't work because certain people appear who influence,when it comes to BNB sometimes it's beyond speculation.
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July 31, 2021, 01:11:48 PM
 #133

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?
Storing Altcoins certainly hopes that there will be a time when the coin will increase in price. Of course what is stored is coins that have potential, such as ETH, BNB and others that have a stability level of 2 to 5 years in the future, although new coins appear all the time as you say. If the coins are not useful, how can they be stored for a long period of time.
most people don't take risks with new allcoins, except they are more confident in allcoins ranked 2 to 50, although sometimes there are coins that last a long time even though they are new
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July 31, 2021, 01:18:06 PM
 #134

Sitting tight for quite a long time will be your concern since it's a misuse of time.I trust the BTC is gathered alluringly and surprisingly a resident is utilized for applications when the cost is phenomenal. I don't keep altcoins for quite a long time with the exception of the coin has outrageous potential. Straightforward thing to me, Make cash from alts by exchanging present moment and convert it into btc and hold for long haul.

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July 31, 2021, 01:19:16 PM
 #135

most people don't take risks with new allcoins, except they are more confident in allcoins ranked 2 to 50, although sometimes there are coins that last a long time even though they are new
some new projects with long-term potential are usually very aggressive to develop cooperation with the exchange. because they know it's important to build communities and markets. many partnership events strengthen their communities and markets.
actually, new projects with long-term potential can be seen within 1 year of their development on the market.
but most are looking for something that is not risky. because many top market assets are worth investing in. Why should you choose an asset that is too risky?

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July 31, 2021, 01:51:16 PM
 #136

most people don't take risks with new allcoins, except they are more confident in allcoins ranked 2 to 50, although sometimes there are coins that last a long time even though they are new
some new projects with long-term potential are usually very aggressive to develop cooperation with the exchange. because they know it's important to build communities and markets. many partnership events strengthen their communities and markets.
actually, new projects with long-term potential can be seen within 1 year of their development on the market.
but most are looking for something that is not risky. because many top market assets are worth investing in. Why should you choose an asset that is too risky?

Not risky means Bitcoin especially when the prices are starting to climb after it's been at the bottom for months. Some of us are also liking to trade our BTC to altcoins if they see some developments to a project or when they figure that the price of the altcoin is nowhere else to go but up. I have bought some altcoins countless times in the past and have made it doubled sometimes 5x if I just hold it for weeks when there is bull run.

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July 31, 2021, 02:17:29 PM
 #137

Talking about Bitcoin, Ethereum, BNB, Matic, TRX I am ready to wait as long as it will be required to have a big new bull run. But in terms of altcoins that I don't really believe in, I am used to selling them as soon as I see them decreasing by more than 5%. I don’t see any point in holding not very promising altcoins. They just  may not recover after the next big bear market,and you will be left with plenty of useless coins.
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July 31, 2021, 02:23:13 PM
 #138

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?
Of course everyone has different reasons why we have to keep an altcoin for a long time, but behind all the reasons, of course, profit is the main factor for us to hold an altcoin, just like I have held btt and tron ​​for quite a long time and if you see that the two altcoins have fundamentals and also a strong community, of course I am very sure if later the prices of the two altcoins can be quite high, as happened to Dogecoin some time ago, can you imagine how much profit you get if you buy Dogecoin when the low price was $0.0024 last year and held it for only a few months? and those are some of the reasons people hold old altcoins instead of taking the risk to hold new altcoins that do not have a clear (fundamental) future at all.

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July 31, 2021, 02:33:24 PM
 #139

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?
Bitcoin and altcoins aren't the same. Different altcoins provide different use cases and features. Most people invest in those coins because they want to make quick profit. If the project or the coin has good development and community, highly likely the project will succeed, causing the price to go up. Hence people hold those altcoin hoping to make some good profit. Once they make the profit, most of them go back to bitcoin. This is how the market usually works (and why you will be seeing that when the price of bitcoin is bullish, altcoins don't seem to have the same bull run).

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July 31, 2021, 02:44:57 PM
 #140

this also happened to me .. i have a coin that i have left for a long time..but no power to pump it for almost years the price is still stagnating there. Maybe I didn't expect it to come back, I thought it was my failed investment. I will never sell it.. who knows at some point or when the coin could pump even better.. hope but not too hopeful.
You have to update information including liquidity for coins that have been added to the portfolio, many changes occur in projects without us knowing and there are even projects ending in scam, if holding top coins maybe you can check the portfolio because your portfolio balance may have increasing market growth effect.

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