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April 05, 2024, 10:37:11 PM
 #21

I know where you are driving to. Altcoins should not be hold for long compared to Bitcoin. There is high risk that all of you investment would be gone in just a twinkle of an eye if you invest in the wrong altcoins, while some may fall completely to zero value because there is no buyers again in the market. Am a victim of such things. I bought MEMV after some hype on Bitmart and after the pump during one night i gained some profit but i still chose to hold it for two days if there would be more pump and greater profit but that night it all fell down. Investment of $400 became $32. Now the coin has no value in Bitmart anymore.

My perspective for investment in altcoins had changed completed i am now convinced that every investor should take his profit onece he have that sweet gain instead of keeping it for some time. Altcoins cannot be trusted in the long run.

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April 05, 2024, 10:59:21 PM
 #22

That is why you are to invest in the altcoins that listed in the popular exchanges and not the ones that not in any exchange. When you are investing you to make research before you invest and the things to look at before investing in the community support of the coin and how the population of the coin and is the coin a stable coin or it is a decentralized project. Those are some of the basic things you have to know before investing. Many people fall to know these things before investing in those altcoins and memecoins and later regret in them.

And also look at the network to know if it is free to invest or not and to know the transaction fee which is the most important thing to know before embarking on the investment.









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April 05, 2024, 11:15:16 PM
 #23

To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.



 

 

 

 

 

 


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April 05, 2024, 11:27:13 PM
 #24

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?


The worst thing that can happen when investing in altcoins is when the altcoins are not in the market anymore, it happens on new coins or coins coming from hype and shilling so to avoid this do not buy coins that come from the hype, if there is no buyer of the altcoins that you're holding then you have loss your investment.
I don't recommend holding altcoins for a long time, there should be a point that you dump it when the market price is crashing.
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April 06, 2024, 04:39:11 AM
 #25

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
Holding altcoins in good currency gives good profit. You need to be careful before investing. There are lots of altcoins out there but you shouldn't go with all of them for investment. After analyzing the market you can keep some coins but if there is little profit leave it do not go for long term investment. Altcoins are more likely to be lost there are many new coins that are scams.

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April 06, 2024, 06:17:00 AM
 #26

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
Whether hodling or  trading is better depends on the specific altcoin, your investment goals, and your belief in its potential.  Some altcoins are better suited for long-term holding due to strong underlying technology and potential for future growth.  Top altcoins often fall into this category, while others are better for short-term trades based on quick price movements.

the hodling is just for the value to increase over a while and then you still trade it right?
most of it yes, but Some altcoin offer staking rewards (similar to interest) for holding them, or provide access to a particular blockchain's services.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Well, if nobody wants to buy the altcoin and it has zero volume on exchanges, you're essentially stuck with it. The coin will just sit in your wallet, perhaps becoming a kind of collectible.  However, there's always the slim chance the coin could regain popularity. Or, you might try to influence the crypto community to reignite interest in the coin, attracting potential buyers.

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April 06, 2024, 12:59:58 PM
 #27

To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.
Altcoins are everywhere in the market. Who's complaining about selling and buying coin? That's not even a problem or challenge to consider, rather there are more tangible techniques to follow and that's one of major reasons we have exchanges were we can single-handedly buy coins and also trigger sell. It's possible to always have our best chances before us because the slightest mistakes might just see us actually having detachable losses. Holding on the promising project will definitely hits harder for gigantic profits.

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April 06, 2024, 01:04:12 PM
 #28

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
I don't understand the first. The second thing you said is right. Sometimes, the coin you hold will become trash. No one will buy it anymore. And that is investing, not just buying and hodling will make you rich. You must buy and hodl many good coins, potential coins. Remember, almost 50 of the top coins from 2014 are dead. Only around 5-10 survived.

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April 06, 2024, 01:10:08 PM
 #29

To hodl (hold) isn’t just about Bitcoin. It includes any currency at all. So altcoins can be hodl-ed. However, you can’t hodl a shit token hoping that someday it’ll have some value. This is why you need to do proper reach before you invest in anything (especially cryptocurrencies). Some coins never get even the slightest of value. But then, if you’re buying some popular altcoins, it can’t be possible that no one wants to buy them from you.
Altcoins are everywhere in the market. Who's complaining about selling and buying coin? That's not even a problem or challenge to consider, rather there are more tangible techniques to follow and that's one of major reasons we have exchanges were we can single-handedly buy coins and also trigger sell. It's possible to always have our best chances before us because the slightest mistakes might just see us actually having detachable losses. Holding on the promising project will definitely hits harder for gigantic profits.

Exchanges can delist a coin/token once there’s no trading volume for this while DEX can have a liquidity issue once there’s no interested user willing to provide liquidity to the liquidity pool. On these event, you can’t sell your tokens anymore and it’s happening frequently to all those tokens that has a weak fundamentals.

Exchange is just a host for trading but it’s still up to the users and the team for the liquidity of tokens on the exchange in able to sustain trading. There’s tons of shitcoin out there is worthless because it’s not listed anymore on CEX while the DEX liquidity pool is too thin to make a trade.

So make sure to check the liquidity and trading volume of the token before you enter.

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April 06, 2024, 03:23:40 PM
 #30



So, we all say that hodling is better than trading, yeah?
It's better if you know how to trade but if you cannot allocate time and effort then Hodling is the best thing that you can do.

Quote
And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?
Yes, to make a profit from your investment you should be able to liquidate it on profit.

Quote
Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins
I don't recommend holding altcoins, altcoins are very much different from Bitcoin, you can hodl it for a number of years and you will expect profit in the future, on altcoins if you hodl it without monitoring its performance in the market you will be surprised that you lose your investment, of course it depends on altcoins there are altcoins that perform better.

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April 06, 2024, 03:29:19 PM
 #31

Although holding and trading are two completely different things, the two are compared in one category.  If one is not good at trading then holding is better for him.  But not all coins can be held.  Because there are many such coins which are scam.  There are many alt coins and meme coins that initially have a high market price but see a high price and then hold while the price drops and face losses.  And if someone is good at trading, then trading is better for him.  Because trading can be very profitable.  But trading is not for everyone.

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April 06, 2024, 03:38:30 PM
 #32

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

yes I hold altcoins but not for long term. We must make our investment plan for each asset. There are altcoins that are suitable for the short term or vice versa for the long term and are quite safe.
If the altcoin is already listed on an exchange then you can sell it on that exchange. You can see the trading volume and you will see how much interest the market has in the altcoin you want to sell. The higher and more demand, the better the growth in asset value. it is like the nature of the goods being traded.









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April 06, 2024, 03:40:24 PM
 #33

First of all you need to decide where you want to invest. If you want to trade alt coin you definitely can. But I will tell you if you want to invest in kypto currency then definitely you can invest in bitcoin. Because many people are successful by investing in bitcoin. Alt coin is not bad but bitcoin investment is much better than alt coin investment. I myself don't invest that much in alt coins because alt coins have had success but I have had more success investing in Bitcoin. So I will always choose the alt coin Bitcoin and I will recommend this to anyone else.

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April 06, 2024, 04:40:50 PM
 #34

Although holding and trading are two completely different things, the two are compared in one category.  If one is not good at trading then holding is better for him.  But not all coins can be held.  Because there are many such coins which are scam.  There are many alt coins and meme coins that initially have a high market price but see a high price and then hold while the price drops and face losses.  And if someone is good at trading, then trading is better for him.  Because trading can be very profitable.  But trading is not for everyone.
There is a lot of difference between holding and trading. Like holding some good coins there is a chance to earn good profit in future. In trading if we start trading in new condition then there will be more chance of loss than profit. So I think holding and trading both.  There is a lot of risk involved. I am busy trading most of the time between holding and trading because we can get more profit in a very short period of time so I prefer trading.

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April 06, 2024, 04:58:00 PM
 #35

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
This thing can only happen with altcoins, many of them become worthless after sometime and you cannot sell them to anyone, in that case you become a bagholder, this is the reason why it is advisable to hodl altcoins only for the short term. Having said that, another way to avoid this is that you should stay away from new altcoins and buy established coins that have been around for a longer time, newer projects are quicker to fail, thus there is definitely more risk when you buy them.
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April 06, 2024, 05:14:20 PM
 #36

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.
It is time for you to understand how the crypto market works especially for altcoins.
If you buy a token and you felt like selling them, all you have to do is to go to Coinmarketcap cap and search for the token so that you can know the exchanges that are trading it. This could help you sell your token especially going to the exchange and create account so that it will enable you to sell it if you don't see anyone that is ready to buy it from you. And if no exchange is trading it, then you have lost money.









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April 06, 2024, 05:51:37 PM
 #37

Holding altcoins in good currency gives good profit. You need to be careful before investing. There are lots of altcoins out there but you shouldn't go with all of them for investment. After analyzing the market you can keep some coins but if there is little profit leave it do not go for long term investment. Altcoins are more likely to be lost there are many new coins that are scams.

A person cannot buy every coin therefore the focus of everyone is to invest in that coin that can give them huge profit so in desire of having huge and quick profit people often choose wrong coins but I think we have not to be fall into greed but give some time to research.

If someone is not taking the risk to invest in new coins then there are also lots of previously originated coins the success of which is not hidden but people choose quick method of earning instead of secure one. Many new coins just disappear and they have no future as a result of which people fails to trust all altcoins.



 

 

 

 

 

 


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April 06, 2024, 09:07:13 PM
 #38

Those unpopular altcoins can be sold if there is someone who's willing to purchase it from the owner. We do see some small volumes of it and the exchanges themselves might delist those little volume altcoins and that's why they can just do p2p from it when there is no longer an exchange that lists it. But how come an altcoin comes to it? very rare when the developers are inactive then that's for sure but if they've been too active and working hard for it, instead of having lesser supported exchange, there will be more of them.



 

 

 

 

 

 


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April 06, 2024, 09:58:13 PM
 #39

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins. 
This will depend on each target person or holder. Sometimes, there are holders who actually make investments or holdings from one bearish era to a bullish era. And then the elbow is like that. To be able to accumulate coins during bullish times and to be able to take profits during the next bullish period.

However, there are also those who are long-term holders who don't really have a benchmark year. it's just that they hold for a very long period of time. For example, several holders who held Bitcoin from 2013 until now are still continuing to hold it. So it's back to each person to do it and achieve their target.

Personally, it's more like a bearish and bullish cycle. because taking profits when bullish is my goal to make a profit. Meanwhile, after the bullish era is over, I will withdraw some of it and leave it for the next investment in the future bearish era as capital.

R


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April 06, 2024, 10:14:39 PM
 #40

For altcoin I won't encourage to hold all altcoin there are some specific altcoin you should hold than holding whatever coin you just jump into. Yes you are right, trading coin gets you profits and holding also get you profits, but holding a reputable coin for long gets you in a better profits than just trading them immediately and lose money. Let say you buy bitcoin worth $1,000 at $50k and you traded it at then and made $1100 and someone hold his coin at $50k and it moves from that price to 73k as the current ATH how much did you think that person is making without any stressed. Again trading reduces the numbers of bitcoin or altcoin you are holding, if you are holding 0.5BTC while trading it you might lose some percentage and it will be 0.45btc instead of 0.5btc.

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