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Author Topic: On a scale of 1-10, how confident are you in your holdings?  (Read 381 times)
Joseph-P (OP)
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February 28, 2024, 01:45:40 PM
 #1

I came across a post today by an influencer who expressed strong confidence in the potential of most coins he holds, projecting multi-billion dollar market caps over the next 12-18 months. While this might seem overly confident, it's understandable considering the current bullish momentum in the market.

However, his talk made me contemplate my own holdings and the level of confidence I have in their long-term potential. To provide some context, my major holdings are some of the top 100 tokens according to Coingecko- $Sol, $Matic, $Bgb, and $Doge. When it comes to my memecoin holdings, which I'd rather not mention to avoid spreading FUD, it's difficult to determine if they can maintain stability over such a long period. So on average, I would rate my confidence in all the crypto I hold at 6/10. In a way, I suppose I'm gambling on both short and long time frames.

I'd like to know your own situation too. For both short and long terms, how confident are you in the cryptos you hold right now?
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February 28, 2024, 02:16:47 PM
 #2

haha, It is very hard to scale out of ten well if I scale my confidence for my investment will be 5 out of 10 haha, Because the best thing is that never make hopes too high in the crypto industry so that so would not feel disappointed in case your case will not hit the price. You should have both optimistic and minimistic hopes to feel good in the space of cryptocurrency.

You have aforementioned some of your holdings $Matic and $Solana are good choices in my honest opinion because both projects have strong ecosystem and use case. Matic can touch or reach the price of $6 in the long-term investment. Well, would you like to share your thoughts on these projects like where you see them in the long-term investment? Solana has distributed a lot of airdrops about one month ago if there are still contributing any further airdrops so I am not aware of it as I am not much updated about these airdrops. Must share if you know about it. Many Thanks

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February 28, 2024, 02:40:55 PM
 #3

I came across a post today by an influencer who expressed strong confidence in the potential of most coins he holds, projecting multi-billion dollar market caps over the next 12-18 months. While this might seem overly confident, it's understandable considering the current bullish momentum in the market.

However, his talk made me contemplate my own holdings and the level of confidence I have in their long-term potential. To provide some context, my major holdings are some of the top 100 tokens according to Coingecko- $Sol, $Matic, $Bgb, and $Doge. When it comes to my memecoin holdings, which I'd rather not mention to avoid spreading FUD, it's difficult to determine if they can maintain stability over such a long period. So on average, I would rate my confidence in all the crypto I hold at 6/10. In a way, I suppose I'm gambling on both short and long time frames.

I'd like to know your own situation too. For both short and long terms, how confident are you in the cryptos you hold right now?
I am confident of the continuation of this bullrun that's been happening for a while now, however because i am busy with by life and because of energy crisis, i didn't have steel nerves to invest more then i can afford, so i didn't invest anything. And while it's painful to watch moon rockets from the sidelines, i am constructing a solid plan, which makes it possible for me to save money enough to buy back in. I could dca for sure, but amounts would be just too tiny to be worth the hassle.

I wouldn't buy doge or bgb, mostly because i don't like exchange tokens, and i don't know anything about fundamentals of bgb, and doge into my eyes has none. But if i have learned anything from my time in this market, it's basically anyone's guess which is a good pick. Fundamentals are just a matter of perspective here and tribalism makes every choice seem like wrong one, number people disagreeing with you strongly will always be plenty.

But i wouldn't listen to any influencer that does technical analysis, or estimates about the marketap / price targets, or anyone that are shilling their own bags or who are shilling for money.
Following them for financial advices is a bad idea, even if they always say that they are not giving a financial advice (they definitely are), for legal reasons.



It's imho a good idea to watch influencers for tech reviews, news, rumors, interviews (even though those are totally paid ones), research and plain facts.

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February 28, 2024, 04:17:35 PM
 #4

It depends on which holdings! I have a core bag with BTC/ETH/SOL that I'm very confident with, even if it crashes a good chunk. Whereas I also have a borderline-shitcoining bag(high beta, very risky) where a single bad-enough decision by the project team would cause me to sell it immediately.

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February 28, 2024, 04:30:03 PM
 #5

I'd give it a 3. BTC has performed well but my other alt choices looks not great at the moment. Not much of my saving converted to Crypto and about 20% of it being held in USDT in a staking.
I just checked. My BTC holding just went over in value to my USDT holding. Solana has not moved much and I have lost half of the value invested in a defi token I don't want to talk about. I do regret about not holding enough bitcoin and alt at the moment but I'd be sure to start selling BTC in small batches so that I won't miss on the bull. I'm pretty sure I'll have another chance to buy bitcoin below 50K so selling BTC above is not a bad idea.



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February 28, 2024, 04:36:17 PM
 #6

It depends on which holdings! I have a core bag with BTC/ETH/SOL that I'm very confident with, even if it crashes a good chunk. Whereas I also have a borderline-shitcoining bag(high beta, very risky) where a single bad-enough decision by the project team would cause me to sell it immediately.
Holding all depends on the project we are holding in our arsenal and that is what is going to determine whether we have to keep going or we have to sell paet of our holdings to make money from the market. Crypto market has so many project available and they keep increasing as others are crashing out making investors to keep losing there funds. All we have to do is to look for good project to hold so that we can keep making profits from the holdings of such project.









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February 28, 2024, 04:46:48 PM
 #7


i have just the same rate like 6/10 but i'm always ready to sell them all when the time is right. but i'm confident enough that these tokens are not going to become a scam in the future since they are already up on the market since 2017. so even if i don't sell them before the bear market begins, these tokens will still have a value. but this is going to be a gamble too especially when the future isn't very much unknown to us.

 $Sol, $Matic, $Bgb, and $Doge. seems a good choice of investment though but to all we invest, it's still going to be different depending on the price we start buying these altcoins.









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February 28, 2024, 04:56:56 PM
 #8

While it is not possible to guarantee the future of our investment with 100% confidence. However, considering the robust bullish trend in Bitcoin, as today it is trading above $60,000, and likely to make new all time high in coming weeks. This positive development and ongoing participation of financial institutions suggest that our investments in the crypto market from a year ago have the potential to yield significant profit.









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February 28, 2024, 05:23:32 PM
 #9

I am confident about 9 out of 10 about my holding. I know what i am doing and i have a strategy for how i will manage it in the bull run. I can be wrong or my trade can go in the opposite direction but i convinced myself why i am holding a project and i am trying to make sure its not a copy cat of another project. I tried to be unique in project selection and beware of the diversification. So even if my portfolio failed to fill my expectation i hope it won't cause me any losses.









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February 28, 2024, 08:16:00 PM
 #10

If you are invested in crypto and the capital invested is important to you, then you must be completely convinced, otherwise I would sell immediately. Because Bitcoin has no underlying intrinsic value, unlike, for example, companies that have products, real estate, land, knowledge and patents. In addition, companies generate economic value. Therefore, with crypto investments, you need to be 100% convinced.
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February 28, 2024, 08:27:01 PM
 #11

I came across a post today by an influencer who expressed strong confidence in the potential of most coins he holds, projecting multi-billion dollar market caps over the next 12-18 months. While this might seem overly confident, it's understandable considering the current bullish momentum in the market
...............................
I'd like to know your own situation too. For both short and long terms, how confident are you in the cryptos you hold right now?
For Bitcoin -> I am confident enough 10/10
ETH -> it is 8/10
Other top coins -> 6/10
Shit coins that are still in my wallets since the previous bullish era -> 0/10  Grin

So, the answer is that it will really depend on the coins that we are holding and how ready we are in this crypto investment. Moreover, if we are using our free money to invest.

R


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February 28, 2024, 08:32:30 PM
 #12

I came across a post today by an influencer who expressed strong confidence in the potential of most coins he holds, projecting multi-billion dollar market caps over the next 12-18 months. While this might seem overly confident, it's understandable considering the current bullish momentum in the market.

However, his talk made me contemplate my own holdings and the level of confidence I have in their long-term potential. To provide some context, my major holdings are some of the top 100 tokens according to Coingecko- $Sol, $Matic, $Bgb, and $Doge. When it comes to my memecoin holdings, which I'd rather not mention to avoid spreading FUD, it's difficult to determine if they can maintain stability over such a long period. So on average, I would rate my confidence in all the crypto I hold at 6/10. In a way, I suppose I'm gambling on both short and long time frames.

I'd like to know your own situation too. For both short and long terms, how confident are you in the cryptos you hold right now?

I think these coins could be promising, considering how well they did in the last bull market. But, we can't be certain about ones we don't track when things got bad in the bear market. It's the bag holders, the team behind it, and the development that can give us an idea of how it'll perform this time around. If you want to shake things up, add a few new coins to your portfolio!

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February 28, 2024, 08:55:11 PM
 #13

Supposedly, it should be 10/10 as it was our choice and we chose to invest and hold that coin/s because we trust it and are confident that it will give us profit in return. If we think we are not on that level, then why we chose that coin? Better sell them if we don't have such level of confidence and invest another.
As I was holding ETH, I was 100% confident that I would never regret it later. Besides, I have no reason to do that either knowing that this project is been known for its potentiality and has been playing some important roles in the crypto space which certainly stay long and continues to grow.

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February 28, 2024, 08:56:26 PM
 #14

Well, there's the core part of my investment which consists of top coins like BTC, ETH, and others which I'm pretty confident in, probably an 8 for those ones. Then there are other coins out there in my wallet obtained from either airdrops or just some coins I bought on a whim. They are risky, but it's an amount I'm prepared to lose and would be willing to sell immediately after profit comes up, unlike my core investment which I hodl instead.

At the very least though I'm pretty confident most of said coins I invest in aren't some scammy or hyped-up project, so I can afford the wait for them. But well if they are, I'd just take the lose since I can't do anything about that lol.


R


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February 28, 2024, 08:57:23 PM
 #15

I would rate my confidence in all the crypto I hold at 6/10. In a way, I suppose I'm gambling on both short and long time frames.

I'd like to know your own situation too. For both short and long terms, how confident are you in the cryptos you hold right now?

I have a high rating on my confidence in all the coins I'm holding there's no use holding a coin that you have doubts about performing in the market, I have it 8/10 on altcoins and 10 on Bitcoin and Ethereum, all the coins I'm holding have proved their worth in the market both on short and long term, I don't trust new coins or tokens right now because many of these are just meme tokens that rely on pump and dump and shilling their platform.

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February 28, 2024, 09:25:23 PM
 #16

Well, it's pretty hard to scale your confidence when it comes to altcoin holdings especially when you have a bag of altcoins which are way too far from the ranking in CMC even though it's a promising project and team behind it. But with BTC, ETH, and other top 10 alts in your bag, that should be enough to scale your confidence above 5 or 6 out of 10. I could easily say 7 if there is enough BTC or ETH in your bag, because these two are the foundation for either long term or short term perspective.
I think Doge would be a good asset in addition, but I won't have enough trust towards it in a long term perspective. Memecoin may suddenly crash at anytime, too risky in my opinion.

R


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February 28, 2024, 10:00:10 PM
 #17

in trading I don't want to lose if the price goes down so I hold until the price goes back up. it's not a matter of confidence but my choice is to be ashes or profit. if the price goes down I prefer to stake the coins I have while waiting for the price to go up again.
so all coins confident 10









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February 28, 2024, 11:13:25 PM
 #18

I don’t currently have any holdings, but I will tell you this; Don’t make any decision because of influencers, the word influencers should tell you this already. Many of them aren’t even influencers but wanna be. Today they’ll tell you there will be a pump and you’ll see a dump, and vice versa. They may give you facts that are actually true but they don’t know tomorrow because it is all speculation. Hodl what you believe in and don’t let his confidence tempt you.

But why would someone even hodl a token they don’t have confidence in?



 

 

 

 

 

 


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

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February 28, 2024, 11:23:37 PM
 #19

If you have BTC then that should count as 10/10. But I don't have a lot of holdings to think of as they're like the typical, BTC,BNB an ETH. So for me that's already a 10/10 and I've got more stash in BTC and that's why I am not moved and waiting for some more increase for the next year to come. The market is just getting started and there's more to see but everyone is getting crazy with these gains that we're seeing through Bitcoin. While most of the alts don't move at all, today, there goes the memecoins but I don't think that they'll ever be stable as Bitcoin for the next 2025.



 

 

 

 

 

 


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February 28, 2024, 11:55:37 PM
 #20

I'd like to know your own situation too. For both short and long terms, how confident are you in the cryptos you hold right now?

I have looked into a lot alts and many of them has remained the way they were, majority of them has not done more than %50 YTD since we started the year but altcoins like Injective protocol and Solana are the old coins that has recovered very well and what I noticed is that many investors don't trust altcoins like before, people now even trust bitcoin more than even the altcoins, it could be because of the collapse after profits, last year this time during halving some altcoins were already outperforming Bitcoin merely looking at the chat but now many of them are not pumping.

We need a lot of confidence in altcoins and the only way we can achieved that is if and if altcoins are been pumped and don't crash like the way things were in the last bull run. Even if there is going to be sell off which is normal, it should be that everyone will sell and abandoned the team including th team.

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