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Author Topic: Altcoins that are good for long hodling in this season.  (Read 912 times)
DaNNy001
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October 31, 2023, 06:16:44 PM
 #61

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.


I personally think the reason for this panic selling is base on the poor mentality and inability to hold but I won't blame anyone who actually sell off their coins because apart from Ethereum which am very confident with , all other altcoins is just a matter of skeptism because one moment that are flying high in the sky and the next crashing down just like the candle sticks when trading synthetics. It's take discipline for one to hold even during a dip because it's just like losing your money when you still have the power to alter the outcome but choose not to and instead just hold it even when the price is going down.

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October 31, 2023, 08:39:08 PM
 #62

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.

I wouldn't recommend holding altcoins for such a long period of time either, since most the altcoins will eventually die down after several months while the chances of it pumping up again purely depends on how the team behind that project will develop their coin making it attractive again in the eyes of the investors.
We have seen a lot of shitcoins going down eventually, that should be enough of an indicator to not rely on altcoins for a long term holding. Maybe a top 10 altcoin can be an exemption.

R


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October 31, 2023, 10:45:37 PM
 #63

I wouldn't recommend holding altcoins for such a long period of time either, since most the altcoins will eventually die down after several months while the chances of it pumping up again purely depends on how the team behind that project will develop their coin making it attractive again in the eyes of the investors.
We have seen a lot of shitcoins going down eventually, that should be enough of an indicator to not rely on altcoins for a long term holding. Maybe a top 10 altcoin can be an exemption.
I think the short term nature of altcoin is only when the altcoin is having low market cap and trading volume it could be delisted anytime.
meanwhile altcoin with huge market cap tend to just persists for many period of bullrun in which in this case, coin like ethereum, matic, and many more are still doing well after all these years.
if its just some random altcoin even worst shitcoin then we should be afraid holding it even for more than one bullrun session since most of the time they will just turn into dust.
so far, my holding of ethereum has been quite fruitful, it has given quite the profit, but of course not as much as investing in some new altcoin which also have the risk, but at least with ethereum, there's no risk of suddenly delisted.

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October 31, 2023, 10:59:29 PM
 #64

while you want to hold an altcoin for long term, it best be earning while stored in a wallet.
Like putting that on a stake? That's a good idea when you have nothing to do with that altcoin and that wallet of yours is supporting the staking of that token. Yes, you earn while waiting for your coin to get some bump for its price. But make sure the wallet where you'll stake gives you the full control.

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.
Always watch the market and see for those opportunities that will give you the idea if the coins you want to buy are currently cheap or not. Because the majority of them have gone through with the bear market and past their all time highs.



 

 

 

 

 

 


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November 01, 2023, 06:00:54 AM
 #65

any new promising project are also good for long hold.  If we can find a good project with huge potential, it can possibly give us a life-changing profit if we happen to be one of the pioneer of that promising project.


I am not in support of your comment, new projects should be observed carefully before making a huge sum of investment into them, as we don't know the result or the behavior the coin will exhibit after a while. In my own opinion I would say new coins are not to be used for long term holding and mind the amount you invest in it, as sudden disappointment are not always handle with the right state of mind, so please avoid Anything that might lead to depression after your trusted system disappoints you.
Another thing to also consider before diving into new altcoins holding is that most times these coins are very volatile, so decision to make a long term holding should also be centered on the behavior of the coin and especially when it makes any new good developments.
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November 01, 2023, 07:55:07 AM
 #66

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 can testify that both Etheruem and BNB are very good long-term tokens, for the time I held them, they may have been slow but they were steady. But then, it won’t be difficult for people who invest in them to experience negative results now that a lot of people are coming into crypto thinking that the interest happens like magic. I can tell for a fact that when I was making my gains, someone was losing their money because they probably lost patience. People love quick money, many may say it’s too slow just because they’ve heard of some cryptos that have skyrocketed within a short time, and hence, taking out the investment at the wrong time.



 

 

 

 

 

 


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November 01, 2023, 08:33:01 AM
 #67

Bull run is initiated in 2024 and every individual are in desires to make more investment but they should also think that if they choose coin that guarantees your profit then they can easily make money otherwise there will be no effect of bear or Bull market for them. Ethereum is better coin that can give you more profit as in 2024 halving will increase the price of each and every coin.

Beside Ethereum, Matic and Sol can also play well role in one's success but we should not rely completely on altcoins because they have no guarantee therefore use minimum amount to invest in altcoins. It will be true if we say that during halving the price of altcoins will increase but we don't know that when bear season initiate what will happen with altcoins as they can give profit but they can also leave the space suddenly.

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November 01, 2023, 12:29:03 PM
 #68

I can testify that both Etheruem and BNB are very good long-term tokens, for the time I held them, they may have been slow but they were steady. But then, it won’t be difficult for people who invest in them to experience negative results now that a lot of people are coming into crypto thinking that the interest happens like magic. I can tell for a fact that when I was making my gains, someone was losing their money because they probably lost patience. People love quick money, many may say it’s too slow just because they’ve heard of some cryptos that have skyrocketed within a short time, and hence, taking out the investment at the wrong time.
Investment can turn into good profits or heavy losses in the system. Accumulating profits is not easy, we just need to apply common sense and also implement good strategy and patience, with these points, one can easily generates enormous profits from the market. Choosing an altcoin for long-term, though it's also risky and mostly affected by the bearish season. Ethereum and BNB are promising altcoins in the market, buying them for longterm is an excellent decision, I will stick to bagging these altcoins in bear season, that's the only way to have good entries and chances of hitting good profits.

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November 01, 2023, 12:54:46 PM
 #69

Two coins which you have mentioned are good for holding. But many are there too. Like XRP, Near, ATOM, ADA, Matic. One of the member also suggested to you that top 50 altcoin on Coinmarketcap are good to hold and I also agree with his/her suggestion. And in the bull season these coins can give a good profit. So you should buy some of them for future profit. Best of luck dear.

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November 02, 2023, 01:16:14 PM
 #70

Bull run is initiated in 2024 and every individual are in desires to make more investment but they should also think that if they choose coin that guarantees your profit then they can easily make money otherwise there will be no effect of bear or Bull market for them. Ethereum is better coin that can give you more profit as in 2024 halving will increase the price of each and every coin.

Beside Ethereum, Matic and Sol can also play well role in one's success but we should not rely completely on altcoins because they have no guarantee therefore use minimum amount to invest in altcoins. It will be true if we say that during halving the price of altcoins will increase but we don't know that when bear season initiate what will happen with altcoins as they can give profit but they can also leave the space suddenly.
Most of the old projects that had been in the market apart from Ethereum, might not give us a strong bullish momentum because people are now realizing that investing in new strong projects can give a lot of profits with time. There are new projects that are been launched in the market almost every week, if we can set our eyes in the good ones, we can be fortunate to make heavy profits from them if we are early investors just like the way Pepe exploded with massive profits. There are lots of profits we can make from altcoins if we are ready and lucky to buy the right altcoins that would give us the kind of profits we want.

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November 02, 2023, 04:08:36 PM
 #71

It makes sense that you are keeping an eye on market trends. Remember, the cryptocurrency market can be extremely volatile and unpredictable. It's essential to do thorough research, diversify your investments, and consider the long-term potential and utility of the altcoins you're interested in. Always invest responsibly and be prepared for the risks involved in cryptocurrency trading. Yes, it is possible to profit from altcoins, but it requires a solid and good plan, reliable data and industry research. Search for accurate and relevant information, and get someone else's opinion to learn more about it. To do this well you can know the latest market trends and see the pros and cons of the projects.  It can help you to create a well-defined plan along with your own recent reviews and observations.

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November 02, 2023, 09:38:10 PM
 #72

It makes sense that you are keeping an eye on market trends. Remember, the cryptocurrency market can be extremely volatile and unpredictable. It's essential to do thorough research, diversify your investments, and consider the long-term potential and utility of the altcoins you're interested in. Always invest responsibly and be prepared for the risks involved in cryptocurrency trading. Yes, it is possible to profit from altcoins, but it requires a solid and good plan, reliable data and industry research. Search for accurate and relevant information, and get someone else's opinion to learn more about it. To do this well you can know the latest market trends and see the pros and cons of the projects.  It can help you to create a well-defined plan along with your own recent reviews and observations.
And despite doing all of that chances are you may not obtain any benefits from investing in those altcoins, I am not saying to discourage people about their intentions to invest in those coins, I am simply stating the truth, and this is because the number of altcoins is so high that is not reasonable for a single person to evaluate all of those coins and there will always be a bias on the coins you select to study, and unless you know this market very deeply it would not be rare for you to invest in several scams and waste your money that way.
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November 03, 2023, 12:28:51 AM
 #73

Currently,  Solana or SOL coins have good movement progress after their price crashing from $200 and dropped until $15, last several days have good moment with SOL coin success raise higher price more than 100% started from $20 and success up until $46. Current price still stable around $40 but many people still frustrated when memorizing with SOL coins dropped drastically and difficult raise to ATH again or any bad potential happening in the future will back to lower price.

Do your own research but looking the potential seem SOL is good altcoin for long term holding, they have faster way up to higher price than other altcoin with slowly and need long time getting profit and raise to higher price. Have alternative with ETH and BNB for long term holding in altcoin, exactly with BNB have been dropped very lower price under $230 than their higher price usually above $300.

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November 03, 2023, 04:46:36 AM
 #74

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.

You are absolutely right, altcoins have shown decent moves during the past weeks when Bitcoin price broker the phsological barrier of $30,000 and currently trading above $34,600 which reflects new investment in crypto currencies markets. Regarding holding alt coins for long term , it is important to choose assets those meet your investment goal. However, my favorite alts are Ethereum. BNB and Solana, as these coins have established their credibility overtime, thanks to their strong use case and dedicated development teams continuously working to enhance their networks.









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November 03, 2023, 01:45:09 PM
 #75

Investing in altcoins can be profitable, but it also carries high risks. Markets can be unpredictable, so be careful and invest responsibly. Altcoins are types of cryptocurrencies that expose fairly problematic projects of cryptocurrencies other than Bitcoin. These Altcoins are usually geared to be short-term projects. Many of these smaller projects have a high probability of rapid price appreciation and price decline. These projects can generally be affected by small market prices, which can cause the difference between increased and lower prices. Altcoins can change the situation, so a start to keeping it stable is to monitor your portfolio. Besides, having confidence and knowledge is very important so that you can be fearless and make reliable decisions in the future.

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November 03, 2023, 03:04:44 PM
 #76

  In these times, there are many altcoins so far to tell if there are any potentials to give us money in the future. So it's an advantage for rich people to invest in potential cryptocurrencies that are top-listed in the market; at least the top 20 can say if you are safe to invest in the top 20 you see.

  Now, if you are in doubt, you can do some research first, so you won't be disappointed in that matter. One of the good long-term holdings that can be said to bring us a smile on the face of profit in the future is Polygon, Arb, Bonk, Pepe Coin, BnB, Ethereum, and others.

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November 03, 2023, 04:28:52 PM
 #77

Quote from: Ben Barubal
  In these times, there are many altcoins so far to tell if there are any potentials to give us money in the future. So it's an advantage for rich people to invest in potential cryptocurrencies that are top-listed in the market; at least the top 20 can say if you are safe to invest in the top 20 you see.
I came to discovered that Eth and BNB are in the right position to make their customers smile, if they can use this opportunity to buy those altcoins and hodl like 4 or 5 months before they can sell to value the altcoins more than other cryptocurrencies in the market. There are many altcoins in the market but there are few potential altcoins that can give you what you want in the future if you invest on them, but Eth and BNB are among the potential altcoins that can put smile on your face when the price rise higher in the market.

Quote
Now, if you are in doubt, you can do some research first, so you won't be disappointed in that matter. One of the good long-term holdings that can be said to bring us a smile on the face of profit in the future is Polygon, Arb, Bonk, Pepe Coin, BnB, Ethereum, and others.
Yes, those altcoins your mention can give you profits but you need to involve long term before you will be able to achieve what will put smile on your face, but if you invest in Eth and BNB now, there is a hope you will achieve massive profits both short and long hodling because their teams are capable to make it happen in the market.


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November 03, 2023, 04:49:11 PM
 #78

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.
Ethereum and BNB are right behind Bitcoin. We have seen the Bitcoin market rise the most in quite some time, but the relative altcoin market has risen less. In particular, BNB has risen less than Ethereum. Ethereum has a lot of market growth but this BNB is growing very little. The reason is that the SEC (Securities Exchange Commission) has blocked this BNB. SEC (Securities Exchange Commission) BNB is not allowing the market to grow. But leaving the SEC will certainly increase BNB considerably. Here OP you are talking about holding BNB and Ethereum I don't know how much BNB will rise between these two coins. But you can definitely keep these two coins on the top of the investment because these two coins will definitely increase when the crypto currency market grows.

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November 03, 2023, 06:28:07 PM
 #79

And despite doing all of that chances are you may not obtain any benefits from investing in those altcoins, I am not saying to discourage people about their intentions to invest in those coins, I am simply stating the truth, and this is because the number of altcoins is so high that is not reasonable for a single person to evaluate all of those coins and there will always be a bias on the coins you select to study, and unless you know this market very deeply it would not be rare for you to invest in several scams and waste your money that way.
need to see what Altcoins are held and used as long-term investments. because not all altcoins can provide large profits in the long term, except for altcoins that are trusted with continued development. Just a general example like ETH which has good potential in the future and is suitable for long-term investment, follows the price of bitcoin and has many fans. So don't choose altcoins that you don't trust or even memecoins that only appear during the hype and then get thrown away. Many scammers create altcoins just to trap new ones and take all their investors' money.
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November 03, 2023, 08:25:44 PM
 #80

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.

You are absolutely right, altcoins have shown decent moves during the past weeks when Bitcoin price broker the phsological barrier of $30,000 and currently trading above $34,600 which reflects new investment in crypto currencies markets. Regarding holding alt coins for long term , it is important to choose assets those meet your investment goal. However, my favorite alts are Ethereum. BNB and Solana, as these coins have established their credibility overtime, thanks to their strong use case and dedicated development teams continuously working to enhance their networks.
The altcoins market is growing very fast and for those of us that knwo how to select and invest in good altcon projects are the ones that make good profits from the Crypto market. Normally looking at Bitcoin and holding Bitcoin alone might not give us a very good profits but when we diversify our investments into different coin projects, we can be est assured that we are going to be making good profits from the market. If some of the coins we are holding is not moving well, we can be rest assured that others will be moving significantly.









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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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