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Author Topic: How to find and hold in Atlcoin effectively?  (Read 743 times)
Freddie Boyer
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June 13, 2024, 07:36:24 AM
 #81

Staking is also a good way to make money, especially if the platform actually brings in that kind of money

Especially if you have a Launchpad item and we can participate by holding tokens that have been determined by the exchange and staking. I think the risk is small and in terms of profit it is also suitable but it depends on the amount we stake.

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Sayeds56
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June 13, 2024, 10:39:01 AM
 #82


The major work here should be finding them and nor even holding.

Certainly, the key is to find such coins that can transform your fortune if you hold them during the period when they are in development stage and building  real life utility of their products. I think such gems can likely be found in Artificial Intelligence (AI), Social DEFI and Real World Assets (RWA). I believe that these sectors hold the potential to be the driving narrative of cryptocurrencies market in the near future.









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Yokkattannee
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June 13, 2024, 06:12:57 PM
 #83

in my opinion, it is a tough task to find a new altcoin to invest in. I consider it high risk to invest in new altcoin (s). However, there are things I will look out for in a potential new altcoin: Team members reputation and experience in similar projects, success and status; Purpose/aim of establishing the token/coin; Token utility; Future relevance in the crypto space; Technology behind the token; Listed exchanges or anticipated listing dates; Partnerships, etc. I will look out for the above mentioned attributes if I have to invest/hold a new altcoin. I will advice that for long term, only hold Bitcoin, Ethereum  or older altcoins. Avoid holding new altcoins (meme coins included) for long term and only hold what you can afford to loose.
It might make sense, but that's if we apply it and prepare to lose what we have. But I prefer to get new coins in a safe way without having to spend money to buy them because most of them are high risk. So while there are many alternatives to get them for free why invest in them. Hunting for more coins and storing more of them might pay off (albeit uncertainly) especially meme coins as they are very risky.

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June 13, 2024, 07:23:34 PM
 #84


The major work here should be finding them and nor even holding.

Certainly, the key is to find such coins that can transform your fortune if you hold them during the period when they are in development stage and building  real life utility of their products. I think such gems can likely be found in Artificial Intelligence (AI), Social DEFI and Real World Assets (RWA). I believe that these sectors hold the potential to be the driving narrative of cryptocurrencies market in the near future.
Unfortunately scammers also know this information and they are going to release most of their coins on those fields, hoping to scam as many people as possible, and the worst part is that they will succeed as many people will be unable to tell apart good projects from the bad ones, so I really think that once the price of bitcoin begins to grow up at an accelerated rate, the number of scams we see on this market will go through the roof.



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Kristiyana
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June 13, 2024, 08:07:18 PM
 #85

Staking is also a good way to make money, especially if the platform actually brings in that kind of money

Especially if you have a Launchpad item and we can participate by holding tokens that have been determined by the exchange and staking. I think the risk is small and in terms of profit it is also suitable but it depends on the amount we stake.

There is still a big risk to participate on Launchpad because you cannot participate without buying some of the coin and sometimes even after buying the chances of successful listing is not even certain because there are so many people who has fallen victim of launchpad and till now there investment on it become waste, so there is no investment that risk is not involved.

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avarnet
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June 14, 2024, 05:48:05 AM
 #86

I also think the same as you, not everyone will be able to stop the altcoin they hold from continuing to decline drastically, every time there is a new step we can learn about the positive things in trading which are really needed in crypto. In general, in order to be able to stop altcoins from dropping, each coin held must have: strong fundamentals research regularly have a solid team have future goals because it is really needed in developing coins to the top level.

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Essential10
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June 14, 2024, 06:08:26 AM
 #87

in my opinion, it is a tough task to find a new altcoin to invest in. I consider it high risk to invest in new altcoin (s). However, there are things I will look out for in a potential new altcoin: Team members reputation and experience in similar projects, success and status; Purpose/aim of establishing the token/coin; Token utility; Future relevance in the crypto space; Technology behind the token; Listed exchanges or anticipated listing dates; Partnerships, etc. I will look out for the above mentioned attributes if I have to invest/hold a new altcoin. I will advice that for long term, only hold Bitcoin, Ethereum  or older altcoins. Avoid holding new altcoins (meme coins included) for long term and only hold what you can afford to loose.
Yes, the chances of losing money from new projects are very high these days. When a new project is launched many times considering the overall aspect of the coin it seems that the coin is good but later the coins are not successful. But not all, two-a project will be a good success if you can analyze well with experience, then you can invest in new projects. I like bitcoin and ethereum coins for long term holding but there are still many top tier old coins that didn't react even during bitcoin's peak. But I think there are some top level coins like Solana, BNB which could be good investment in the upcoming Bullran.

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