Hoddle or day trading

[MrcMrc]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

[blockman]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If you're in a profit and you can not wait any longer for it to increase, that's the best thing to do right now and that's to sell. Most of the tokens from the ICOs are likely dropped in prices already.
But except those that have became successful to this date. A lot also became popular and successful so it also depends to the token that you're holding. If you see not that much hope on it, might get your money back even you're in a loss on it.

[harizen]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Do some research manually at each. Find their respective discussion group and pulse the community there e.g Telegram, Bitcointalk ANN thread, etc. Lurk every day and try to find a good reason if it makes sense to believe in that project. Check also their market price and if the volume is healthy.

For those tokens that are now dead according to your view, obviously, just forget them totally. You can't even sell them in the first place.

[lobo13hf]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If your ico token didn't perform well and then sell your ico tokens and move to the legit token. This is the best way for you to avoid your lose and take back your money to invest in another coin that has promising future. You can analyze the fundamental of your coin again whether it's worth to hodl or not. As far as i know if that didn't perform well and your token may dead anytime and it has no good development progress.
My advice for you to do your own research. if that's bad development progress and then sell your token but otherwise if that has a good development and you can hodl it for a bit longer.
The development needs the time but the performance of tokens must also be considered as an important thing for sure. That depends on result from your DYOR

[Baofeng]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Well the profit taking should be during the huge boom of ICO in 2018 because some of them are really dead as you have said. Anyway, my piece of advise is that you should sell them and move to other coins that has been going up instead of letting your capital sleep on those dead coins. But before moving, choose wisely, DYOR on my next projects are you going to invest, best of luck.

[MrcMrc]

Do some research manually at each. Find their respective discussion group and pulse the community there e.g Telegram, Bitcointalk ANN thread, etc. Lurk every day and try to find a good reason if it makes sense to believe in that project. Check also their market price and if the volume is healthy.

For those tokens that are now dead according to your view, obviously, just forget them totally. You can't even sell them in the first place.

Am already in losses for most of my holdings in fact some have become worthless and at this point am thinking of diversifying my investment that is why am contemplating diving into trading to recover from my losses.

[goinmerry]

Am already in losses for most of my holdings in fact some have become worthless and at this point am thinking of diversifying my investment that is why am contemplating diving into trading to recover from my losses.

To diversified or not, the result is still not clear. Since you are in confusion, it's time now to try what you think. Sell those with currently have values if you think no way their price will be pumped in the future.

Since most of your holdings are now in losses, I think the best way is to already accept those losses and move on. Make a fresh start and this time, choose a coin that is already listed in the market.

It's really common to see that some projects who held an ICO before are unable to have a good run and the worst, totally dead now.

[Doell]

I'm not sure what you're keep whether it's worth or not ,so I can't advice for sure ! if at this time you want to make a profit it seems a little late because the bull market has been missed ,pull back again depending on what altcoins you have now !

Am already in losses for most of my holdings in fact some have become worthless and at this point am thinking of diversifying my investment that is why am contemplating diving into trading to recover from my losses.

day trading must be focused and do it with knowledge ,if you believe and you can then do it mate ! I agree with goinmerry "try what you think" because maybe almost all of your assets become worthless if you hold them for long term from now

[Jating]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Well the profit taking should be during the huge boom of ICO in 2018 because some of them are really dead as you have said. Anyway, my piece of advise is that you should sell them and move to other coins that has been going up instead of letting your capital sleep on those dead coins. But before moving, choose wisely, DYOR on my next projects are you going to invest, best of luck.

Exactly, he is already late and for sure there's no more profit on his token he bought during the ICO craze. And obviously, you don't expect it to be still competing in 2020 as the trend has changes to NFT and others like staking and swaps.

So no need to hold them, better sell them even if the OP suffers a lost. That's the nature of crypto though, if you stay too long to hold a shitcoin, you will be trap.

[alisonwonder]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If the coin you hold is still alive and can be traded, then immediately exchange it and put your funds in coins that are already popular, because it helps you a little from the problem of loss, but if it is dead, then there is no more specific way to processing the rotting garbage in the crypto space.

[TelolettOm]

have you analyze the tokens?
I will personally think about these:
- If their projects are still on progress with certain good development, active team, and more top exchanges to list, you may consider to hold for  while, but if nothing, better to sell before being dead coins
- If the coins are still having good trading volume or market cap circulation, it may be still a way to rise up, but if no, better to sell before dead coin'
- If the price is higher when ICO< better to sell
I mean that if it is worthier to hold, maybe we can hold it at least until next early year probably in altcoin seasons. But if their chance to survive is very small, better to save the capital of  the money at first

[bittick]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding

You're saying that if your token was dead and does it make sense to hodl your dead token now? that's a non sense thing. If you're think that your dead token has no potential and then cutloss it and trade it for another token. is that mean you can still get some money from your dead token right? If that's true and sell your dead token asap while bitcoin is still starting to go to the moon again as it's already break out.

or start trading them to make instant profits what will be your advice in this situation.

Try to use it in day trading but i think that you have understood about the risk by using your money for the daily trading in the market. If you can deal with the risk in daily trading and that looks so nice to use money from your dead token for daily trade to recover your lose.

[sheenshane]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Comments above of mine were right, check the progress of the project if there's a development.

Check their social media like Twitter or Telegram if they're still active.
Gather information if where the coins could be listed, it should be listed on a known exchange.
Analyze very well if the project has a real product that could be used in order for the project will survive and turn into shitcoin.
It's up to you now, it's better to hold a coin that could be on the top of the CMC like Bitcoin and Ethereum.

Because IMO, new projects are very risky to hold especially in a long term.

[Teraboy]

I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If you're thinking you can't generate more profit from what you have been holding and you should need to hodl your coin even longer caused by it will become a sleep money in your wallet. I thought that if you must have taken the risk by trading it in the market. Do your own research. Sometimes even a zombie project can wake up from its sleep but there's no guarantee if that will become a legit coin agian. So many zombie coins will have zero value. This will make the hodlers can do nothing to at least get a small amounts of their money from the market. You're only wasting your time if you keep hodl your shit token in your wallet that almost dead. If that is still having a good development progress and you can think again to hodl it but when it goes into the opposite thing and then move from there.

[Strongkored]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Maybe you can mention the names, could be there will be members on this forum who have enough information about the altcoins you have bought from ICO so that you can get the right advice but the decision is yours.
I would prefer to sell if in a profit position.
Pay attention to all developer promises if they fail several times to fullfill the promises that have been written on the roadmap or whitepaper it would be better to sell them, it can be an indication that they are not capable enough to develop theirs coins or projects.

[cryptomaniac_xxx]

For me it's kind late isn't it? The OP is talking about ICO and that is around late 2017 and early 2018. Not sure why he waited many years before he thinks it will be the time to sell because the best opportunity was during it's prime years around that time.

And as he said, it's dead so as much as you check their telegram or social media platforms, you might not find any updates from the development team.

[Coin_trader]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Day trading if the market is volatile and there's no confirmed trend while hoddling if there's a clear uptrend channel pattern on the charts. There's a perfect time for both strategy to be use efficiently and you should know how to use it rather than doing 1 strategy at all. But if we are talking about Bitcoin only as investment. Hoddling is the best for that particular coins.

[lienfaye]

It actually depends on the altcoins that you currently hold. There are coins (the established ones) that might pump hard if you hold for long period and there's a coins ideal for short term. If you want to make profit then think what's more beneficial for you, is it to day trade or to continue to to hold?

If you cant see any future for your coins then sell it now while it has value otherwise hold if it has potential.

[Pahom]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

One good strategy is to sell after listing on exchange and then continue following this project. It is a common thing that many tokens roll back, but then if it is a solid project, its price will stabilize and you can buy it again if you like it. Nevertheless, if you think that it is a very cool project, you can try to hold, but actually, it is a red market now, so I would rather you sold, but it's up to you.

[ajochems]

Day holding is best compare to the holding. For holding you need to wait for huge time. But the time variation was huge and people over the day trading will earn huge amount as compared to long term trading. But 70 percentage of the people look into the loss instead of the profit.Holding is only solution and you can profit from it.