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Author Topic: I'm sure altcoins will pump if we hold long  (Read 1816 times)
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October 14, 2021, 08:24:06 PM
 #61

Maybe not all of the altcoins in the market, but the promising ones will definitely pump a lot in the future. Some shitcoins also can boom unexpectedly. But I always choose to invest into more credible altcoins. By saying credible, I mean that the ones that I examined the project in detail and decided as it is one of the promising projects. We should be very sensitive about our investments in the end.  Smiley
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October 14, 2021, 09:02:54 PM
 #62

Holding coin for a very long time is really good and it yield profit, but it depends on how strong the project team and how good the project is, because some sheet coins end up as dead coins. So holding coin is good but always keep focus on the project by following all their handles for information and some promotion about the coin.

And some are yielding profits and some not, it's like that in the crypto world! Of course, I would include timing in this, some coins had their peaks already and they will not return to their previous heights, while some will...
Crypto is a world for itself, and while some people like to generalize and look for patterns I don't think it's really possible with crypto, simply there are too many surprises around, and it's hard to make a long term plan that is completely safe and without the risks! So the bottom line is, hold what you really believe in, who knows what the future is bringing!

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October 14, 2021, 09:07:27 PM
 #63

I guess the way the market is looking right now, altcoin will pump massively if we hold long for future. Since bitcoin price has hit $60k few days ago show that altcoin is about to pump for those long term investors to start earning reliable profits from their investment.
According to some researchers, anyone that can hold altcoin more than 2 to 3 years will be part of this progress when the price pump they will be involve in profits makin. Since altcoin price was not stable over some months now, show it will soon increase before the end of this month to enable those that hold for long to make something good from their long term investment.  

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October 14, 2021, 09:24:28 PM
 #64

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

It depends on what altcoins you are holding. Not all coins have the same good future and are worth holding for long. You should not hold for long based on the speculation that their price will be pumped more. Don't buy the hype. Keep a coin to hold for long based on fundamentals and how you see the development is progressing.

It's not wrong to sell. You can buy it back later on. The key is, you know how to play your coins. But if you are a true believer and decide to hodl to death, it's up to you.

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October 14, 2021, 09:30:38 PM
 #65

well it depends ,agree yes if you hold an altcoin that is in great demand by every project ethereum is one of them but don't agree if you hold a token that will only be pump and then dump then immediately there is no value in market like shit token ,long term hold must also assess the quality quantity and popularity ,there will be a time when the community plays a role

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October 14, 2021, 09:33:17 PM
 #66

Not holding any altcoin makes a profit as you say, it depends on the altcoins you are holding. If you hold shitcoins for a long time and wait for them to be pumped it's just a waste. From the beginning of October until now, we have only seen bitcoin pumps and alt almost sideways. If bitcoin crashes then altcoins will make a new bottom, so you should make sure you are holding top altcoins on CMC.

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October 14, 2021, 09:46:55 PM
 #67

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
I've said this a couple of times already around the forum, and I don't mind saying it again: you don't just hodl (any) coins, that's somewhat the reason why research is a very important and indispensable aspect of crypto investment, and it is expected of an investor to have done his or her research effectively before going on to invest.

Why this research is necessary is to know the kind of coins you're going to invest in, and to also find out if they are long or short term projects, thus it's not only about hodling, it's actually more of what coins are you holding; if they are pump and dump coins, the best thing to do is to take profits when you get them, but if they are long term projects then we can now talk about hodling it for a long time.

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October 14, 2021, 09:55:04 PM
Last edit: October 18, 2021, 10:22:31 PM by seleme
 #68

Learn the market cycles and keep invest during bear season. Holding long term will definitely help you to sell at a higher price unless you are impatient. Trading short-term is not recommended for obvious reasons. Short-term trading should be full-time, not everyone has the time to watch the market and decide which pair goes up or down, in my opinion. Swing trading or at least doing long-term investment have a higher potential for average Joe since they don't find time to analyze the market with limited knowledge.

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October 14, 2021, 10:15:11 PM
 #69

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
Sure the altcoin pump is going to happen but you need to consider the background and future of investing in that coin? . If only invest in shitcoins then I think it will be very hard to pump back especially for memes it only inflates the price with temporary hype and will drop quickly after that, invest in atlcoins such as ETH , BNB , ADA , XRP , SOL ... Most recently SOL is one of the atlcoins with a strong ecosystem

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ardydyon
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October 15, 2021, 12:43:23 AM
 #70

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
I agree, I also have a lot of altcoins that I keep for the long term.
long-term savings for altcoins must be seen from the marketcap project and also the community.
Altcoins that have good fundamentals are very worthy of long-term investment because the value of the altcoin will grow rapidly.
for example, the coin that I bought was available, at that time I bought it at a price of 1 $ now we see the price is at 2 $ more.
so it is highly recommended to keep long-term altcoins with good fundamentals.

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October 15, 2021, 02:18:14 AM
 #71

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

This is a dangerous fallacy.

You're assuming that over the long run, cryptos will only go up. This is far from the truth.

I agree that holding good quality altcoins is going to give you much more profits than if you traded them short term. But this does NOT mean that you will be able to make money holding every single altcoin - look at Peercoin, LBRY credits, etc. who were all deemed to be good projects in the past and are now worthless.

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October 15, 2021, 02:23:45 AM
 #72

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

This is a dangerous fallacy.

You're assuming that over the long run, cryptos will only go up. This is far from the truth.

I agree that holding good quality altcoins is going to give you much more profits than if you traded them short term. But this does NOT mean that you will be able to make money holding every single altcoin - look at Peercoin, LBRY credits, etc. who were all deemed to be good projects in the past and are now worthless.
so it all lies in our ability to choose the right assets for long-term investment. because being listed on an exchange is not enough to make a coin survive in the market.
only altcoins with projects that get support from the community and with proper development will bring us profits in the long run. most of the altcoins that have no development will only last 1-2 years they are on the market. and then they are gone.
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October 15, 2021, 03:22:37 AM
 #73

IMHO, it's not about how we can hold long, but it's the art of trading. Do you want to keep holding it even if you see big profits in front of your eyes? and then dump after that? Crypto itself is about volatility so naturally, the price will go up and then facing some correction or even be dumped. A strong holder is good, which means we believe in the project but be a smart holder too. If there's a big pump why not sell it? we can re-buy when the price is dumped.

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October 15, 2021, 03:51:22 AM
 #74

I agree that holding good quality altcoins is going to give you much more profits than if you traded them short term. But this does NOT mean that you will be able to make money holding every single altcoin - look at Peercoin, LBRY credits, etc. who were all deemed to be good projects in the past and are now worthless.

Maybe the OP hints at the possibility of reviving dead coins. Imagine that one day some wealthy trader starts to massively buy some worthless altcoin on cryptocurrency exchanges. As in a dream, people will sell him this altcoin long abandoned by its team. I think there are no more such traders after many supposedly promising projects conducted ICO campaigns and defrauded investors in 2017.



By the way, the title of the thread looks a little misguiding. According to the CoinGecko listing, the current number of alternative cryptocurrencies is 9738. I don't know what altcoin the OP is talking about, but I'm almost sure the best coin to hold long-term is Bitcoin.

Therefore, I disagree with the OP. No one sane will pump a random altcoin.
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October 15, 2021, 04:48:24 AM
 #75

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
As long as you’re holding a good cryptocurrency there is a good chance that you’re going to benefit from it on the long run. But it’s not a must that you’re going to be a long term holder, there are people who also prefer to be trading for a short term, so whatever you think is working for you, you should be focusing on that. You’re not going to do something just because everyone else is doing it, what they are doing might not be the thing that will work out for you.

So, it is best to plan yourself properly and make the right choice. I know a lot of people who are not going long term but they are doing well, and I also know people who are just out for long term and nothing else, and that’s also working out for them.
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October 15, 2021, 05:02:44 AM
 #76

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
As long as you’re holding a good cryptocurrency there is a good chance that you’re going to benefit from it on the long run. But it’s not a must that you’re going to be a long term holder, there are people who also prefer to be trading for a short term, so whatever you think is working for you, you should be focusing on that. You’re not going to do something just because everyone else is doing it, what they are doing might not be the thing that will work out for you.

So, it is best to plan yourself properly and make the right choice. I know a lot of people who are not going long term but they are doing well, and I also know people who are just out for long term and nothing else, and that’s also working out for them.

The best thing to do when you are dealing with crypto is to buy assets that have real potentials.
lots of coins are available but only a few that have real usages, if you are planting your investment
buying those top coins is good for long-term hold. Just take time to do your research so you have
 better overview of the assets that you will going to invest your money.

Alts will pump if enough supports are provided by the community. Also, you need to follow the
developers, they are the key factors in the success of the project they created.

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October 15, 2021, 06:16:05 AM
 #77

check this point •  to determine the profit you want before investing, so that you will know when is the right time for you to sell cryptocurrency that you invest.
•  If you are holding a reputable project though, you have the option to just keep holding until you need money for an emergency.
•  I think you should make a suitable goal before buying any coin and when goal achieved simply secure your profit and make new investment in other coin you think this might be raise and you Can collect profit
•  fix your expectations which must not be over 20 times higher. Altcoins pump can be fixed by analysing the total supply, volume and exchange. Top exchange listed altcoins have a high chance to high pump. During bullrun single announcement is enough to return high profit. I think 5 times is enough from a single altcoins bought before bullrun.
•  to sell you winning tokens/bag is when there is huge volume backing the price up and you will be able to get good price for it, selling and locking profit up is very important because you are sure you have something locked in bank for your self, just don't sell all at once, scale out gradually because you can' predict the top
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October 15, 2021, 06:20:49 AM
 #78

The opportunity for the altcoin to have time to pump will comes, even if that will happen in a short or long time. The problem is we do not know when the pump will come and how long we will hold. Sometimes, when the pump comes, we do not try to sell some amount instead of waiting for more because we want to make a bigger profit. That will not be right because after the pump finish, the price will be back to the lower price and it will stay for some time and we will miss the right time to sell the coin.
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October 15, 2021, 02:28:04 PM
 #79

Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

To earn more is to risk more. In order to harvest more need to plant more. That's right but don't forget that not all coins are good to hold for long term. Just chose to hold the top coins and with promising future.

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October 15, 2021, 02:58:52 PM
 #80

Generating passive income in the blockchain industry continues to grow and is getting more and more popular. Blockchain businesses have also adopted several methods, providing a service commonly known as mining.
As these products become morely secure and reliable, they can be a great choice as a source of income.

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