Is hodling top 10 Marketcap coins a good tactic?

[Hamphser]

Not just meme projects, but I believe the altcoin market is gambling. Why do I say that? Look at altcoin projects that all die, being replaced after each bear season ends. There is no project that can stick with us for a long time, if there is, we can only mention ETH as the only case. The rest may not die entirely but also cannot recover or return to the old ATH, let alone make a profit for us. Previous replacement projects have always claimed that they have new, superior technology...blah..blah..., but so far, none have been put to practical use. Because they are all unlike bitcoin, they are created for the purpose of selling tokens, while bitcoins are created for the purpose of being a payment method.

That's so true.

I've been there and tried to get myself with meme coins but I was no good. It made me bare losses and I never tried it again. It's certainly is a gamble and those that we're seeing making profits, that's good for them.

But, it's not always a good day for them and those making a lot of money there have also have a huge losses before and just learned from their mistakes while some, it's pure luck.

We do have recently that meme coin season where most of them do reach out certain multipliers after several hours of its launching and a couple of days on which these things do really pump out like crazy.

When the hype is really there then it do even shoots up more but on the time the hypes gone or its already that overbought then for sure it would really be next is to die.Rinse and repeat and this is why its not really that ideal on dealing with it and holding it for long term. Once you are really that dealing with meme coins then you should know on when to get in and when to get out asap.

SPeaking or talking back about holding top 10 altcoins wouldnt assure out success unless if you do go all in with Bitcoin alone but with having those top 10 altcoins then we cant be sure
on where or what coins would be staying and which one would really be kicked out on ranking.

[1714831585]

1714831585

[1714831585]

1714831585

[19Nov16]

I think a good strategy is to hold the top 10 rankings, a large market cap and reaching more than $ 5 billion is safer, of course we need other strategies, for example we have to be patient and not panic when there is a decline, as long as we can be patient to hold then we have the opportunity to earn big profits.

[Negotiation]

I think the best way to start investing in anything is to look at your financial goals. No one can tell when a currency will turn lower so I think investing in bitcoin is a better strategy than holding the top 10 market cap currencies. Long term investment will give good profits if you can keep a strong hand and don't panic to sink $2 always join the bitcoin community. You don't necessarily have to buy the whole coin, you can buy bitcoins and monitor it, and you can always add at any time.

[BenCodie]

From face value it looks like the strategy does not work...However, if you were to compare entry points over 2 - 4 years, you will see that in this period of time that you can't lose. Unfortunately, DCA'ing $1-$10 might not help you to achieve astounding wealth like 2020 and beforehand. There is still opportunity though. DCA $50-$500 a week diversified into the top 10-20 will still yield fantastic returns over the next 2-3 years.

So, is holding top 10 market cap coins a good tactic? In the long run, definitely. The better tactic is to dollar-cost average weekly in addition to long-term holding.

[GelatikKembar]

Each trader has their own strategy, as well as the top 10 coinmarketcap altcoin hold strategy,
yes that's not wrong because the top 10 have fundamentals that you can't doubt, so your investment will be safe in your wallet,
but to get a high ROI it's not possible we get there because the ROI of the top 10 is already very high.

[Franctoshi]

If you want to play safe in the market going with investing in the cryptos wich has made it to the top 10 is a good idea when looking for good crypto projects with use cases, But despite the fact that those coins are in the top list does not guarantee them risk free, for instance there some coins that was ones up a time in that top 10 table but are no where to be found today, So always stick to doing your own research and invest with the money you can afford to lose.

[bitLeap]

If you want to play safe in the market going with investing in the cryptos wich has made it to the top 10 is a good idea when looking for good crypto projects with use cases, But despite the fact that those coins are in the top list does not guarantee them risk free, for instance there some coins that was ones up a time in that top 10 table but are no where to be found today, So always stick to doing your own research and invest with the money you can afford to lose.

I still don't feel it was the right decision.
Even though there is nothing wrong with that because basically it depends on the decision of everyone who is here, we must be aware that conditions like this will actually make things worse, especially for those who are just here.
Maybe indeed the top 10 can be said to be something that is really good, but of course we also have to be aware that the ranking of the top 10 does not mean that all of them can be used as tools for investment, even in this case there is only 1 that is worthy and that is the king who is always in the first position, namely bitcoin .
It doesn't matter before or now the top 10 rankings have always been a reference for some people, but when we look at the conditions in the top 10, of course we know how dangerous it is to choose an altcoin in this regard.



Currently for the top 10 on CMC is this. two stable coins which of course we know this is not feasible. 1 coin meme with the pump and dump condition broken by influencers at number 9. The problem with the SEC that doesn't go away at number 6 and the nuisance problem for Sol and many more.
This is just a condition that is like false hope so indeed I think if long-term investing, only 1 is very feasible and it remains at number one.

[Davian144]

I think a good strategy is to hold the top 10 rankings, a large market cap and reaching more than $ 5 billion is safer, of course we need other strategies, for example we have to be patient and not panic when there is a decline, as long as we can be patient to hold then we have the opportunity to earn big profits.

Being patient and not panicking is actually not part of the strategy, even though these two things are a must for those who are holding certain cryptocurrency assets for a certain time. Meanwhile, looking at cryptocurrencies that are located at a certain rank by considering the amount of volume that has been generated is clearly included in the strategy because it is sought so that someone is not wrong in buying cryptocurrency assets, especially now that there are so many cryptocurrencies on the market which not all of them have to be considered good.

[pawel7777]

Meanwhile, looking at cryptocurrencies that are located at a certain rank by considering the amount of volume that has been generated is clearly included in the strategy

What do you mean by that? If you're still talking about strategy of investing in top 10 cryptos, then you won't be considering volume at all. Unless you intend to change the strategy and invest in the top 10 coins by volume, not by market cap. But I don't see any benefit of doing that. I get the risk of investing in low volume coins, but you won't find such in the top 10.

[o48o]

Each trader has their own strategy, as well as the top 10 coinmarketcap altcoin hold strategy,
yes that's not wrong because the top 10 have fundamentals that you can't doubt, so your investment will be safe in your wallet,
but to get a high ROI it's not possible we get there because the ROI of the top 10 is already very high.

You can definitely doubt the fundamentals of top 10 coins. Bitconnect was once one of them. So was Luna. And those are quite recent. Back in time there were coins that didn't win the adoption game on the top.

-cut-
People who are investing in altcoins should really be aware of the risks involved so that they don't blame it on Bitcoin, because that's what most people do; they can have bad experiences with altcoins and blame it on Bitcoin.

I would say that they are aware of the risks. Most people are just investing more they can lose even if they are aware of those risks.
There are ton of gambling addicts trading and using markets as their live casino that's based on real world events.

From face value it looks like the strategy does not work...However, if you were to compare entry points over 2 - 4 years, you will see that in this period of time that you can't lose. Unfortunately, DCA'ing $1-$10 might not help you to achieve astounding wealth like 2020 and beforehand. There is still opportunity though. DCA $50-$500 a week diversified into the top 10-20 will still yield fantastic returns over the next 2-3 years.

So, is holding top 10 market cap coins a good tactic? In the long run, definitely. The better tactic is to dollar-cost average weekly in addition to long-term holding.

DCA only works if your coin is not going to die. If it is you are slowly losing just more and more money.

[carlfebz2]

I think a good strategy is to hold the top 10 rankings, a large market cap and reaching more than $ 5 billion is safer, of course we need other strategies, for example we have to be patient and not panic when there is a decline, as long as we can be patient to hold then we have the opportunity to earn big profits.

Being patient and not panicking is actually not part of the strategy, even though these two things are a must for those who are holding certain cryptocurrency assets for a certain time. Meanwhile, looking at cryptocurrencies that are located at a certain rank by considering the amount of volume that has been generated is clearly included in the strategy because it is sought so that someone is not wrong in buying cryptocurrency assets, especially now that there are so many cryptocurrencies on the market which not all of them have to be considered good.

Trying to look around about on the current number coins in the market which it doesnt really signify that all of them would fly even if we do speak about bull run. Holding top 10 altcoins doesnt assure that you could make profits but its better rather than on buying those coins/tokens which doesnt really have any real use case. The most important thing on here is that you should really set up a selling point whether you are holding top coins or not and then buyback when the bear market comes. You could really be able to utilize on making profits without the need on waiting up for long years before you could see some new all time high.
You could eventually buy more in the bottom if ever the bear market approaches. On this way, you wouldnt really be making yourself getting stressed just because of that long wait.
If you do see that holding top coins is a good tactic then it would really be your entire choice whether you would be sticking into your plan or would really be making out
some alterations if needed or something you do see as a better option to be made.

[Nwada001]

I think a good strategy is to hold the top 10 rankings, a large market cap and reaching more than $ 5 billion is safer,

Reaching the top 10 doesn't necessarily mean that those coins can't fail, and even having a billion-dollar market capitalization doesn't guarantee asset safety. In fact, coins that have reached the top 10 and have a larger market capitalization sometimes turn out to fail people more, especially when people put much hope in them. FTX exchange token and Luna were also among coins with a billion-dollar market capitalization, but did that stop projects from facing the challenges before them? he Top 10 reduces the amount of risk we should worry about, but it doesn't actually guarantee anything negative won't happen to one's investment. We just have to be careful and still watch our invested tokens or coins closely, irrespective of which coins or tokens they are, so that we can stop losing before it becomes too late.

[MoonOfLife]

I think a good strategy is to hold the top 10 rankings, a large market cap and reaching more than $ 5 billion is safer,

Reaching the top 10 doesn't necessarily mean that those coins can't fail, and even having a billion-dollar market capitalization doesn't guarantee asset safety. In fact, coins that have reached the top 10 and have a larger market capitalization sometimes turn out to fail people more, especially when people put much hope in them. FTX exchange token and Luna were also among coins with a billion-dollar market capitalization, but did that stop projects from facing the challenges before them? he Top 10 reduces the amount of risk we should worry about, but it doesn't actually guarantee anything negative won't happen to one's investment. We just have to be careful and still watch our invested tokens or coins closely, irrespective of which coins or tokens they are, so that we can stop losing before it becomes too late.

Agree, top 10 or top 5 does not guarantee those projects will be safe and always profitable. Let's look back and see where the top altcoins like EOS, LISK, and BCH... have disappeared. I haven't even seen anyone mention them, let alone profit. Investing in altcoins, old or new, is gambling and potentially risky. Always research and analyze before investing, and do not be too subjective with high-capitalization projects.

[JayJuanGee]

From face value it looks like the strategy does not work...However, if you were to compare entry points over 2 - 4 years, you will see that in this period of time that you can't lose. Unfortunately, DCA'ing $1-$10 might not help you to achieve astounding wealth like 2020 and beforehand. There is still opportunity though. DCA $50-$500 a week diversified into the top 10-20 will still yield fantastic returns over the next 2-3 years.
So, is holding top 10 market cap coins a good tactic? In the long run, definitely. The better tactic is to dollar-cost average weekly in addition to long-term holding.

DCA only works if your coin is not going to die. If it is you are slowly losing just more and more money.

Not only does your coin not die, but also your coin should generally be trending up by the time that you want to cash out.. or at least to potentially also be able to hold its value at a price that would have had been higher than the average price that you ended up buying into it.

I would imagine that there are going to continue to exist an overwhelming majority of zombie coins or quasi-zombie coins that generally are dying or going to die.... and having ongoing downward spiraling of their prices, adoption and use-cases - absent their ability to figure out some kind of a use case or to prevent themselves from going into such status... surely many coins already try to market themselves on the impression that they either have a current or a future use case, and so sometimes they are able to keep up some aspects of their price and/or the appearances that they are not a downwardly spiraling project.

Bitcoin is not exempt from such consideration - and surely part of the reason that bitcoin remains valuable (and perhaps one of the only valuable cryptos) is because it has been envisioned and create in such a way that emphasizes the sound money angle and resilience to attack that continues to build and to be reinforced through ongoing building of its network effects (largely those seven outlined by Trace Mayer in 2015).. Surely there can be various shitcoins that continue to survive, even with bitcoin as the strongest and soundness of monies - because it could take decades and maybe even into the hundreds of years for value to really gravitate and to be pegged on bitcoin or some kind of a coin/project that would need to take over bitcoin's network effects in such a way that it would need to be something in the neighborhood of 10x better in order to actually take over the king.

So what I am suggesting is that if bitcoin is not able to continue on its current trajectory in terms of being the soundest of monies and ongoingly resilient to attack, then bitcoin could also end up as a downwardly spiraling project in terms of its price, and that would be the argument (and likely minority scenario) against investing into BTC and DCAing into it... which so far does not seem to be the case that bitcoin is anything other than one of the best of bets (if not the best) that is currently available in terms of front-loading and continuing to invest into it (asymmetric bet to the upside).. in these likely early days of its adoption... and the main precautions would be to NOT overdo the aggressiveness of your approach towards investing into bitcoin and to stay focused on where the value is at (instead of getting distracted by crap imitator coins and the bitcoin wannabes that are in the top 10 and throughout the coinmarket cap of top coins - absent some short-term reasons to hold or play with some of those coins for spending, trading and short-term gambling purposes rather than long-term investing purposes that should mostly emphasize accumulating and holding bitcoin and perhaps diversifying into some other assets for the purposes of riding volatility - which also could involve a certain amount of stable coins too.. and likely some assets outside of the bitcoin space such as equities, commodities, property or other ways to hold wealth that might fit with your lifestyle and aspirations) so that any of us is able to stay in the game of building our bitcoin stash and continuing to have bitcoin down the road rather than getting tricked or forced out of the understanding that bitcoin remains the king and there is no other asset or currency that even comes close to it in terms of having a strong, resilient and future-oriented investment thesis.

I think a good strategy is to hold the top 10 rankings, a large market cap and reaching more than $ 5 billion is safer, of course we need other strategies, for example we have to be patient and not panic when there is a decline, as long as we can be patient to hold then we have the opportunity to earn big profits.

Being patient and not panicking is actually not part of the strategy, even though these two things are a must for those who are holding certain cryptocurrency assets for a certain time. Meanwhile, looking at cryptocurrencies that are located at a certain rank by considering the amount of volume that has been generated is clearly included in the strategy because it is sought so that someone is not wrong in buying cryptocurrency assets, especially now that there are so many cryptocurrencies on the market which not all of them have to be considered good.

Trying to look around about on the current number coins in the market which it doesnt really signify that all of them would fly even if we do speak about bull run. Holding top 10 altcoins doesnt assure that you could make profits but its better rather than on buying those coins/tokens which doesnt really have any real use case. The most important thing on here is that you should really set up a selling point whether you are holding top coins or not and then buyback when the bear market comes. You could really be able to utilize on making profits without the need on waiting up for long years before you could see some new all time high.
You could eventually buy more in the bottom if ever the bear market approaches. On this way, you wouldnt really be making yourself getting stressed just because of that long wait.
If you do see that holding top coins is a good tactic then it would really be your entire choice whether you would be sticking into your plan or would really be making out
some alterations if needed or something you do see as a better option to be made.

To me it sounds like a real losing strategy to both dilute your bitcoin investment by getting distracted into various top 10 cryptos, including having ideas to value them as if they were something like bitcoin and to contemplate buying more of them on dips, as if they were like bitcoin.

Sure, if you assess something (like bitcoin) to have fundamental value, then you buy on dips and you engage in various strategies to increase your holdings (of something like bitcoin), but if you categorize all top 10 in the same way as you are categorizing bitcoin, then you are both diluting your bitcoin investment and you may well end up losing a shit ton of money, especially if you were to engage in some kind of an equal distribution.. such as using 1/10th of your periodic investment cashflow to buy each of the shitcoins in the top 10 (not referring to bitcoin as a shitcoin, just the others)...and by the way, I don't have any problem with figuring out ways to go in and out of stable coins, as if they were pegged to the dollar (and hoping that they do not lose their peg), but stable coins are not an asset that you should expect to gain value over time, but instead to be losing value at the same expected rate of the dollar - and hopefully not losing more than that (but having perhaps more liquidity options than the dollar - and thus perhaps some greater utility than the dollar).

[Dr.Bitcoin_Strange]

Investing in altcoins, old or new, is gambling and potentially risky. Always research and analyze before investing, and do not be too subjective with high-capitalization projects.

One thing I have noticed about altcoins is that, every year, there's always a replacement for the already-existing shitcoins. It's likely that those failed projects in the previous year have abandoned the project and created a new one with a different name so that people will not realize it's them, and while people don't notice that it's just the same shitcoin project that scammed them the previous year, they still get convinced to invest in the same old project that has just resurfaced with a different name, road map, vision, and mission, which they will still end up abandoning and creating another project in another year.

What I always say to anyone who wants to invest in altcoins is that he or she should just have it in their mind that putting their money into altcoins is as risky as gambling, which is a game of luck. It doesn't matter whether it's an old coin or a new token; altcoins are just what they are.

[Nwada001]

Investing in altcoins, old or new, is gambling and potentially risky. Always research and analyze before investing, and do not be too subjective with high-capitalization projects.

One thing I have noticed about altcoins is that, every year, there's always a replacement for the already-existing shitcoins. It's likely that those failed projects in the previous year have abandoned the project and created a new one with a different name so that people will not realize it's them, and while people don't notice that it's just the same shitcoin project that scammed them the previous year, they still get convinced to invest in the same old project that has just resurfaced with a different name, road map, vision, and mission, which they will still end up abandoning and creating another project in another year.

What I always say to anyone who wants to invest in altcoins is that he or she should just have it in their mind that putting their money into altcoins is as risky as gambling, which is a game of luck. It doesn't matter whether it's an old coin or a new token; altcoins are just what they are.

Exactly but this don't just happen with old or dead projects, it's a continuous process for centralized token/project owners like what they do is create something from the beginning make names out of it, one successful projects and people are already looking up to them, and when you such big hype coming, and your already existing project which have a great potential might seems to have reached the profit limit the developer was expecting, instead of a continuous actions and progressive upgrade on its network what they do is leave the current project at it's current level and propose something new which they will claim to have a different purpose which one token could have solved entirely this is just to create new token and request for finds which will go into their private pocket, and most people usually fall victims of such project thinking is something they are going to make huge profit out of it, not seeing the scam scheme behind all of that.

A typical example of such an act is Tron and its entire foundation; either they directly create a new token or they will indirectly and publicly fund a new project under its network, owing the highest share of the project and attracting potential victims to their new project.

[Franctoshi]

I still don't feel it was the right decision.
Even though there is nothing wrong with that because basically it depends on the decision of everyone who is here, we must be aware that conditions like this will actually make things worse, especially for those who are just here.
Maybe indeed the top 10 can be said to be something that is really good, but of course we also have to be aware that the ranking of the top 10 does not mean that all of them can be used as tools for investment, even in this case there is only 1 that is worthy and that is the king who is always in the first position, namely bitcoin .
It doesn't matter before or now the top 10 rankings have always been a reference for some people, but when we look at the conditions in the top 10, of course we know how dangerous it is to choose an altcoin in this regard

Currently for the top 10 on CMC is this. two stable coins which of course we know this is not feasible. 1 coin meme with the pump and dump condition broken by influencers at number 9. The problem with the SEC that doesn't go away at number 6 and the nuisance problem for Sol and many more.
This is just a condition that is like false hope so indeed I think if long-term investing, only 1 is very feasible and it remains at number one.

I agree with you but literally not everyone wants to have investment only on Bitcoin and considering the fact that some new or old investors might be looking into diversifying their crypto portfolios which is part of the game, So despite all odds it's more preferable to deal with the devil you know than the angel you do not know, at least this coins did something that brought them up the table and in the case of diversification I would prefer choosing one or two coins from the top 10 that meets my research.

[Ayers]

Investing in altcoins, old or new, is gambling and potentially risky. Always research and analyze before investing, and do not be too subjective with high-capitalization projects.

One thing I have noticed about altcoins is that, every year, there's always a replacement for the already-existing shitcoins. It's likely that those failed projects in the previous year have abandoned the project and created a new one with a different name so that people will not realize it's them, and while people don't notice that it's just the same shitcoin project that scammed them the previous year, they still get convinced to invest in the same old project that has just resurfaced with a different name, road map, vision, and mission, which they will still end up abandoning and creating another project in another year.

What I always say to anyone who wants to invest in altcoins is that he or she should just have it in their mind that putting their money into altcoins is as risky as gambling, which is a game of luck. It doesn't matter whether it's an old coin or a new token; altcoins are just what they are.

What you say is absolutely true, that's how the altcoin market works, but I think many people don't realize it. And that is also why I always advise people not to invest in old altcoins, no matter how potent they are, newer projects will replace them in the next bull season. I don't hate someone investing in altcoins because it actually has a higher return potential than bitcoin. If they are interested in investing in altcoins, I always encourage people to stay away from old altcoins when the bear season comes and choose newer projects. Altcoins are only suitable for short-term investment and, once profitable, never reinvest and think they have long-term potential. It's all just gambling and money games.

[JayJuanGee]

Investing in altcoins, old or new, is gambling and potentially risky. Always research and analyze before investing, and do not be too subjective with high-capitalization projects.

One thing I have noticed about altcoins is that, every year, there's always a replacement for the already-existing shitcoins. It's likely that those failed projects in the previous year have abandoned the project and created a new one with a different name so that people will not realize it's them, and while people don't notice that it's just the same shitcoin project that scammed them the previous year, they still get convinced to invest in the same old project that has just resurfaced with a different name, road map, vision, and mission, which they will still end up abandoning and creating another project in another year.

What I always say to anyone who wants to invest in altcoins is that he or she should just have it in their mind that putting their money into altcoins is as risky as gambling, which is a game of luck. It doesn't matter whether it's an old coin or a new token; altcoins are just what they are.

What you say is absolutely true, that's how the altcoin market works, but I think many people don't realize it. And that is also why I always advise people not to invest in old altcoins, no matter how potent they are, newer projects will replace them in the next bull season. I don't hate someone investing in altcoins because it actually has a higher return potential than bitcoin. If they are interested in investing in altcoins, I always encourage people to stay away from old altcoins when the bear season comes and choose newer projects. Altcoins are only suitable for short-term investment and, once profitable, never reinvest and think they have long-term potential. It's all just gambling and money games.

Fuck shitcoins.

it does not matter if they are old or new, and I think that is part of the point that Dr.Bitcoin_Strange was making.

You want to get in on the new scam that is just like the old scam, except that you realize that it "might" have pumpamentals because it is new?  What a dumb way to think about how to invest your time, energies and capital - especially, when you have a new and emerging quality asymmetric investment like bitcoin staring you in the face in which it is likely the greatest peace-time transfer of wealth is going to continue to take place, and you want to fuck around with shitcoins rather than trying to learn about and focusing on the king?  You are likely never going to even learn what is bitcoin (or even build a meaningful bitcoin position) if you are so distracted into chasing the next scam (merely because it happens to be the latest and greatest "new" scam). 

Good luck with chasing scams, and/or believing that their is value in looking at the top 10 or the top 100 coins, instead of focusing on bitcoin, you are likely going to need a lot of luck if you think like that and follow through with actions in accordance with that kind of lack of focus thinking.

[STT]

Most trackers are capital based in bias which would mean mostly BTC is held by far anyway.    If you had the tracking to constantly update and alter that bias before closing to the highest volume hours that might be a tool worth having then and deploying.    Most of us will be inaccurate and I wouldn't want to hold all of the top10 coins equally as I dont think this will perform well enough to justify holding some of the losers vs the winners in that group though 10 is small its going to involve loss of some.