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Author Topic: Altcoins that are good for long hodling in this season.  (Read 908 times)
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October 28, 2023, 10:45:08 AM
Merited by The Sceptical Chymist (3)
 #41

I believe will saw the new shift of many altcoins price that made the green light to remain stable in some days to make some altcoins hodlers to make a new decision to apply for potential altcoins that will make their profits surplus when the real bull run show up in the market soon. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market. Do you think this two altcoins are good in long hodling in this season? Because I have seen some reason that made me to apply for long term in this little shift of the price of altcoins which the bull run will show up fully next week.

Just for some demonstrations. Take a view at this two image below:



The first image is Ether, from it's all time high loss in red, the % needed to reach there all time high. Similarly bnb



BNB, from it's all time high loss, the % needed to reach there all time high.

What am I trying to show you? Just because you met them at that price doesn't mean they are not at loss for some people and from there current market cap, to attain back the previous all time high, there is much more money to be mint from stablecoins to move that price.

Another factor that will determine the growth of the two coins you mentioned is that two image, they are going to face a lot of hardship in going back there because many holders are waiting for the price to pump. Where will they get another 215B dollars to move the prices, not to talk of bnb as well.

My little advice, as you plan to hold to hold for long term, stick with that in mind but having much assumption of saying they will not loss is overconfidence coming from you, you never can tell what will happen tomorrow. Buy, secured them in a personal wallet and hold for long term and be optimistic while holding.

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October 28, 2023, 09:25:46 PM
 #42

I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market.
Ethereum is the king of altcoins, meanwhile Binance is the coin of the best exchange in the world. Sure, these altcoins are good for the long term investment, they have very clear fundamentals and very potential to keep growing in the future. Moreover, because of their popularity, there are many investors that are already involved in these altcoins. So, they have big market caps and supported by strong communities. These matters are enough to be the reasons of trusting them for a long run.

However, it is not impossible that we can have negative results if we don't have strong mentality to hold them. Whenever there is a big FUD attacking them, it can leads us to do panic selling. When someone sells their coins in panic, he/she may sell for a loss. So, we must avoid to sell any coin in panic. Selling at panic can ruin the dreams of gaining good profits in the future.


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October 28, 2023, 11:25:35 PM
 #43

I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market.
Ethereum is the king of altcoins, meanwhile Binance is the coin of the best exchange in the world. Sure, these altcoins are good for the long term investment, they have very clear fundamentals and very potential to keep growing in the future. Moreover, because of their popularity, there are many investors that are already involved in these altcoins. So, they have big market caps and supported by strong communities. These matters are enough to be the reasons of trusting them for a long run.

However, it is not impossible that we can have negative results if we don't have strong mentality to hold them. Whenever there is a big FUD attacking them, it can leads us to do panic selling. When someone sells their coins in panic, he/she may sell for a loss. So, we must avoid to sell any coin in panic. Selling at panic can ruin the dreams of gaining good profits in the future.


its just matter of having target, of course is someone isn't having target they get swayed pretty easily by the current market sentiment therefore also get swayed by the panic and then make really bad and unwise decision of outrightly selling the investment that they supposed to hold for long.
its also why buying at the right price when you are going to invest is such important thing, it reduces the chance of your loss and also give you peace of mind that you are buying at the very bottom and whatever market direction the coin gonna have, it won't be worse, even if it still fell down, it won't fell down much.
thats the advantage of buying at the right prices.

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October 29, 2023, 08:07:59 AM
 #44

I believe will saw the new shift of many altcoins price that made the green light to remain stable in some days to make some altcoins hodlers to make a new decision to apply for potential altcoins that will make their profits surplus when the real bull run show up in the market soon. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market. Do you think this two altcoins are good in long hodling in this season? Because I have seen some reason that made me to apply for long term in this little shift of the price of altcoins which the bull run will show up fully next week.
If ETH and BNB should be placed in the long list because its fluctuations depend mainly on the main trend from bitcoin, unlike altcoins that exaggerate the trends that do not create much value and are only pump/dump short term.
But risk or profit should also be planned from the beginning to avoid stress during investment. It seems that recently the bitcoin movement has brought a more exciting atmosphere, I also see many people talking about it memecoin before that but I personally can only spend time researching the top ones at the current stage to be able to speculate on what might happen. But anyway, when it comes to longterm investing, the goal is to wait until the profit makes you feel satisfied and exit if you want.









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October 29, 2023, 01:34:03 PM
 #45

Do you think this two altcoins are good in long hodling in this season?
Altcoins are generally short term projects because quite a lot of them are nothing but pump and dump. Ethereum has been in the market for a long time and despite the fact that there's been a lot of bad decisions from the developers/founder, especially in the decision to move from POW to POS and make Ethereum a whole lot centralized, it might still be the only altcoin that is worth hodling. Mind you that you shouldn't hodl too many altcoins, especially for the long term (if not you'll become a bagholder), sell your alts when you have made ROI on them, and even if they are dumping, sell them to cut your losses.

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October 29, 2023, 04:56:18 PM
 #46

Right now the market is facing a possible flight to the moon, so it's worth saving up for an investment, so try taking part in a Fairspin tournament, play their games or bet on TFS - it's a great chance to win some extra money.
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October 29, 2023, 09:18:03 PM
 #47

. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling...
Honestly, when talking about long-term holding for altcoins, these two coins, namely ethereum and BNB, are indeed the most popular choices or for me they are the top altcoins that I must have. Of course, after Bitcoin, because Bitcoin is the first cryptocurrency that must be owned for both short and long term investments in crypto.

 If we look at the market cap itself, both eth and bnb also have quite good market caps and we don't need to do any more trading volume. However, we also have to remain alert to all the issues that often hit altoins. So no matter how much we love altcoins, I think we should still not be all in on it.

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October 29, 2023, 10:17:13 PM
 #48

I guess Ethereum and Binance are very good in long hodling because...
~
If you will look at their past performance, both of them have been on the top ever since especially Ethereum, and that increases the trust towards the investors. Well, we know that every investment has risk, but I believe that the higher the market cap is, the lower the risk.

Both Binance, and Ethereum are good long term coins... or only Ethereum. Some might disagree with it, and will tell that BNB is also a good long term coin to hold since it's the most popular CEX currently. I know that, but I'm not a fan of holding exchange coins. Ethereum on the other hand has always been, and will always be a good long term coin to hold, and add also the fact that you can still earn rewards by holding it thru staking.

Overall, both are good coins to hold IMO, but I'll choose Ethereum over BNB if I will be asked. Just make sure as well that you will sell all or most of your holdings during the bull run. Don't fall in love with them. Cheesy

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October 30, 2023, 05:39:25 AM
 #49

. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling...
Honestly, when talking about long-term holding for altcoins, these two coins, namely ethereum and BNB, are indeed the most popular choices or for me they are the top altcoins that I must have. Of course, after Bitcoin, because Bitcoin is the first cryptocurrency that must be owned for both short and long term investments in crypto.

 If we look at the market cap itself, both eth and bnb also have quite good market caps and we don't need to do any more trading volume. However, we also have to remain alert to all the issues that often hit altoins. So no matter how much we love altcoins, I think we should still not be all in on it.
At least to me those are the only two altcoins that are worth to hold for the long term, I know there are many users here that prefer to hold coins like XRP, solana, cardano or TRON, and even if I think they are worth to trade and profits can be generated this way, the distance between those coins and ethereum and BNB is simply to wide, however I will not deny that I am particularly risk averse and I prefer to only hold bitcoin as this is the safest choice in this market.
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October 30, 2023, 12:24:19 PM
 #50

Do you think this two altcoins are good in long hodling in this season?
Altcoins are generally short term projects because quite a lot of them are nothing but pump and dump. Ethereum has been in the market for a long time and despite the fact that there's been a lot of bad decisions from the developers/founder, especially in the decision to move from POW to POS and make Ethereum a whole lot centralized, it might still be the only altcoin that is worth hodling. Mind you that you shouldn't hodl too many altcoins, especially for the long term (if not you'll become a bagholder), sell your alts when you have made ROI on them, and even if they are dumping, sell them to cut your losses.
All altcoins are in a huge decline but it doesn't mean that they are not worth holding. Many of them still have a profit potential and one of them is ETH. But we could just think that holding them for many years will give us huge profits because they are not, unlike Bitcoin. Earning a profit from these altcoins still lies on the market condition. We just hold them if necessary but sell them if needed as well. Investing and holding in altcoins should be timing, a reason why we should know how to analyze the market situation before buying is because once we fail to do that, the results seem to be really disappointing.



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October 30, 2023, 04:47:18 PM
 #51

There are many alts present in the market. But it really becomes difficult to choose one for long term investment. So yes we need to narrow down some factors to find the ideal coin for ourselves. We have to choose the coin with large marketcaps and trading volume, this will ensure the popularity of the coin. Now we have to also choose a coin which has some value and not considered as memecoin. Hence If I had to invest, I will go for ETH, BNB and LTC. These coins are already popular and will surely give me some good profits in the long run.

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October 30, 2023, 07:19:47 PM
 #52

There are many alts present in the market. But it really becomes difficult to choose one for long term investment. So yes we need to narrow down some factors to find the ideal coin for ourselves. We have to choose the coin with large marketcaps and trading volume, this will ensure the popularity of the coin. Now we have to also choose a coin which has some value and not considered as memecoin. Hence If I had to invest, I will go for ETH, BNB and LTC. These coins are already popular and will surely give me some good profits in the long run.
If we talk about future prospects, it is better not to invest in altcoins at all. Only bitcoin has shown growth throughout history. There are probably no other coins besides eth that are constantly growing. You need to be able to guess the market cycle, where is the bottom and where is the top, at least not accurately. Then it will be enough to have a profit on altcoins.

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October 30, 2023, 08:49:36 PM
 #53

I believe will saw the new shift of many altcoins price that made the green light to remain stable in some days to make some altcoins hodlers to make a new decision to apply for potential altcoins that will make their profits surplus when the real bull run show up in the market soon. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market. Do you think this two altcoins are good in long hodling in this season? Because I have seen some reason that made me to apply for long term in this little shift of the price of altcoins which the bull run will show up fully next week.

I think BNB is very suitable for long-term investment with its deflationary nature. It's the flagship of the Binance exchange. It is a coin that will definitely be in my long term altcoin basket. However, its centralized structure and being an exchange coin creates uneasiness. FTX is a bad example.
Ethereum is a must have coin for long term investment. Most importantly, the fact that it is the largest cryptocurrency after Bitcoin may be one of the reasons to invest strongly in Ethereum. Another is Ethereum's dominance in various cryptocurrency use cases. This means that the demand for Ethereum tokens is likely to increase in the future and there could be an increase in the value of ETH when broader market factors become favorable for the cryptocurrency market.

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October 31, 2023, 12:13:56 PM
 #54

There are many alts present in the market. But it really becomes difficult to choose one for long term investment. So yes we need to narrow down some factors to find the ideal coin for ourselves. We have to choose the coin with large marketcaps and trading volume, this will ensure the popularity of the coin. Now we have to also choose a coin which has some value and not considered as memecoin. Hence If I had to invest, I will go for ETH, BNB and LTC. These coins are already popular and will surely give me some good profits in the long run.
If we talk about future prospects, it is better not to invest in altcoins at all. Only bitcoin has shown growth throughout history. There are probably no other coins besides eth that are constantly growing. You need to be able to guess the market cycle, where is the bottom and where is the top, at least not accurately. Then it will be enough to have a profit on altcoins.
Well, investing seems to be different when we just talk about holding. Because Altcoins are still investing in short-term deals but if we talk about holding for many years, I could agree that Bitcoin seems to be a fit for that particular goal. I couldn't say that choosing altcoins is a bad idea but what went wrong is buying useless coins like meme coins and hyped projects. Profit really matters in choosing the right coins but of course, we have to stop assuming that we can earn 1000x from them.

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October 31, 2023, 01:21:19 PM
 #55

There are many alts present in the market. But it really becomes difficult to choose one for long term investment. So yes we need to narrow down some factors to find the ideal coin for ourselves. We have to choose the coin with large marketcaps and trading volume, this will ensure the popularity of the coin. Now we have to also choose a coin which has some value and not considered as memecoin. Hence If I had to invest, I will go for ETH, BNB and LTC. These coins are already popular and will surely give me some good profits in the long run.
If we talk about future prospects, it is better not to invest in altcoins at all. Only bitcoin has shown growth throughout history. There are probably no other coins besides eth that are constantly growing. You need to be able to guess the market cycle, where is the bottom and where is the top, at least not accurately. Then it will be enough to have a profit on altcoins.
Well, investing seems to be different when we just talk about holding. Because Altcoins are still investing in short-term deals but if we talk about holding for many years, I could agree that Bitcoin seems to be a fit for that particular goal. I couldn't say that choosing altcoins is a bad idea but what went wrong is buying useless coins like meme coins and hyped projects. Profit really matters in choosing the right coins but of course, we have to stop assuming that we can earn 1000x from them.
Yes, you are right about not thinking that cryptocurrency is easy to make money. Even if someone was able to make a big profit, greed has robbed many of that profit. You should always be able to take your money and wait, even if it takes a few years.

.
HUGE
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October 31, 2023, 04:06:59 PM
 #56


while you want to hold an altcoin for long term, it best be earning while stored in a wallet. there are several things you might wanna consider before picking one.
you best buy while its price is cheap like in the bear market and the project has long-term plans and has a solid trusted team as well.

one that i could suggest is the Cardano because you can stake them, you can earn ADA every week i think if you are going to stake the tokens. and by the bull market, you can easily unstake them and sell them for profit.









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October 31, 2023, 05:24:28 PM
 #57

Most altcoins are not ideal for long term holding and one altcoin that performed really well in the last bull run usually doesn't do well in the next one. As an example look at SOL coin performance in the last bull run it was astonishing. If SOL even touches its last ATH then its market cap will be more than 100 billion, which is not reasonable to think about a project like Solana. It already shows how vulnerable the network is. Other major altcoins have their problems.

So if you are looking for altcoins to invest in for the next season then I suggest you pick a new project that has strong fundamentals and support. Look for projects that weren't on the trend in the last bull run. The meme project was trending in the last bull run so there is a nominal chance it will be again. Tradefi, Web3, AI, GameFI are some categories that you can consider looking for. If you look at ongoing development category-wise, then it's clear that DeFi and GameFI are trending right now. For the other category RWA, AI doesn't have so many projects on them so it will be easy for you to choose your top alt from them. Decentralized social media is also a potential topic for the next altseason.









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"I could either watch it
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kentrolla
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October 31, 2023, 05:49:19 PM
 #58

Most altcoins are not ideal for long term holding and one altcoin that performed really well in the last bull run usually doesn't do well in the next one. As an example look at SOL coin performance in the last bull run it was astonishing. If SOL even touches its last ATH then its market cap will be more than 100 billion, which is not reasonable to think about a project like Solana. It already shows how vulnerable the network is. Other major altcoins have their problems.

So if you are looking for altcoins to invest in for the next season then I suggest you pick a new project that has strong fundamentals and support. Look for projects that weren't on the trend in the last bull run. The meme project was trending in the last bull run so there is a nominal chance it will be again. Tradefi, Web3, AI, GameFI are some categories that you can consider looking for. If you look at ongoing development category-wise, then it's clear that DeFi and GameFI are trending right now. For the other category RWA, AI doesn't have so many projects on them so it will be easy for you to choose your top alt from them. Decentralized social media is also a potential topic for the next altseason.

Aligned with your opinion as I have made similar post earlier and we look at last two bullrun we have not seen any Altcoin achieving ATH both the time and it would be a wrong bet to go with Altcoin which has propped in the previous bullrun and rather go for emerging altcoins which has the potential and the project prospect which is need of the hour.

I would rather hodl bitcoin because bitcoin is the first coin to go bonkers during bullrun and then altcoins starts pumping and we need to utilise the spur o moment because it's not advisable to hodl as it may take ages to recover the investment if the market dumps and I have experienced this numerous times at the initial days of my investments. But we can gamble by investing into Altcoin when it hits rock bottom and wait for months or even a year or two to multiply value of our investment.









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"I could either watch it
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Sophokles
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October 31, 2023, 06:04:36 PM
 #59

Most altcoins are not ideal for long term holding and one altcoin that performed really well in the last bull run usually doesn't do well in the next one. As an example look at SOL coin performance in the last bull run it was astonishing. If SOL even touches its last ATH then its market cap will be more than 100 billion, which is not reasonable to think about a project like Solana. It already shows how vulnerable the network is. Other major altcoins have their problems.

So if you are looking for altcoins to invest in for the next season then I suggest you pick a new project that has strong fundamentals and support. Look for projects that weren't on the trend in the last bull run. The meme project was trending in the last bull run so there is a nominal chance it will be again. Tradefi, Web3, AI, GameFI are some categories that you can consider looking for. If you look at ongoing development category-wise, then it's clear that DeFi and GameFI are trending right now. For the other category RWA, AI doesn't have so many projects on them so it will be easy for you to choose your top alt from them. Decentralized social media is also a potential topic for the next altseason.

Aligned with your opinion as I have made similar post earlier and we look at last two bullrun we have not seen any Altcoin achieving ATH both the time and it would be a wrong bet to go with Altcoin which has propped in the previous bullrun and rather go for emerging altcoins which has the potential and the project prospect which is need of the hour.

I would rather hodl bitcoin because bitcoin is the first coin to go bonkers during bullrun and then altcoins starts pumping and we need to utilise the spur o moment because it's not advisable to hodl as it may take ages to recover the investment if the market dumps and I have experienced this numerous times at the initial days of my investments. But we can gamble by investing into Altcoin when it hits rock bottom and wait for months or even a year or two to multiply value of our investment.

All the altcoins were created to solve one or multiple specific problems. That problem became irrelevent or something more attractive came to the industry that investors ignored the previous one. That's why altcoin projects that don't have any innovation and are still holding on to their old principals and goals fade away slowly. A new project emerges that offers better approaches to those problems and even offers other features and tech on top of it. 

Bitcoin's motto was to create a decentralized monetary system that is still relevant which keeps bitcoin one of the best performing crypto assets. Other projects tried to offer better service than bitcoin but they didn't get much community support, and those networks weren't as decentralized as bitcoin. Those projects offered better scalability but they weren't that decentralized, secure and scalable at the same time which led to their downfall.









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Bushdark
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October 31, 2023, 06:12:29 PM
 #60


while you want to hold an altcoin for long term, it best be earning while stored in a wallet. there are several things you might wanna consider before picking one.
you best buy while its price is cheap like in the bear market and the project has long-term plans and has a solid trusted team as well.

one that i could suggest is the Cardano because you can stake them, you can earn ADA every week i think if you are going to stake the tokens. and by the bull market, you can easily unstake them and sell them for profit.
Altcoins are good options for us to make extra fast profits from the market if we know how to buy and sell them with some good projects.
The market is open to different projects and if us to invest in a particular altcoin project, we need to make plans for ourselves and calculate how much we intend to spend on a certain intervals. There are some altcoins we don't even have to hold for a long time since they are prone to crash when there is no enough momentum and liquidity to keep them on frequent trend.
There are many altcoins I'm the market that had crashed because the team are not experienced or ready to do frequent marketing to keep the coin on a steady momentum.









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Mars,           
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