HODL is much more suitable for altcoins than BTC nowadays

[Churchillvv]

Well we’ve heard you, please go check out the newest altcoin/shitcoin and see how you can hold it till it becomes 0.0000 then you will understand that bitcoin is not what to be compared with shits that are mostly created for rug pull or scams, in a general word pump and dump shits, of course some coins may be good I mean altcoins which are under performing today but doesn’t have no relation to comparing them to bitcoin in terms of hold.

[sleepfirefly]

Altcoins market is undervalued (and many single altcoins in this market are strongly undervalued). Bitcoin is clearly overvalued.


HODL is suitable for undervalued coins.

altcoins are not undervalued, they are not receiving as much demand because there have been an underwhelming quality of altcoins in recent years a lot of the altcoins being created are just money making schemes and actually have no character or real purpose

the altcoin market may also be too saturated now, too much memecoins being created due to how easy it is to make one nowadays which reduces the quality of altcoins being offered in the market

[Taskford]

Altcoins market is undervalued (and many single altcoins in this market are strongly undervalued). Bitcoin is clearly overvalued.


HODL is suitable for undervalued coins.

altcoins are not undervalued, they are not receiving as much demand because there have been an underwhelming quality of altcoins in recent years a lot of the altcoins being created are just money making schemes and actually have no character or real purpose

the altcoin market may also be too saturated now, too much memecoins being created due to how easy it is to make one nowadays which reduces the quality of altcoins being offered in the market

Seems OP got caught up on the idea that those low valued altcoins would possibly give them easy huge profit. But the fact that they reach unto that point and didn't get much volume and demand that means the dev itself failed to sustain his alt and didn't manage to create good developments to help them get demands.

So that means people investing on that shitcoins are prone to lose their money rather than gaining something. So instead of thinking about holding those type of alts they better HODL Bitcoin and have good patience to deal with it for long term because there's more chance that they can earn with this coin than those low value alts.

[Emitdama]

Altcoins market is undervalued (and many single altcoins in this market are strongly undervalued). Bitcoin is clearly overvalued.

HODL is suitable for undervalued coins.

I disagree, if you look at select altcoins then you might be right, but those are only a few, whereas if you look at the market as a whole, as in all of altcoins, then holding alts is still a bad idea. It means, if you really want to hold long term, there are only a few rare select coins that you can do this with, we can't just say "altcoins" as in like you can buy and hold any coin you want, that's a big market, there are tens of thousands of altcoins out there, which means it would be bad for you.

I would suggest that if you really want to do this, then you need to make sure that you are seeing only the good ones. Or better yet, just go with bitcoin for long term, and trading with altcoins that you think will do good on short term.

[GeorgeJohn]

Do you know that not all the price of coin that the price increases constantly some price of coins increase the also decrease with some of the interval, so using a particular coin price to evaluate other coins price it will really affect but I believe that what we need to do is that we have to understand that the price of Bitcoin today and price of altcoin today will it be different from their prices in next month that is to show that no cryptocurrency prices that is constant it to always fluctuate in price and that has been the nature of cryptocurrencies

[SOKO-DEKE]

Most altcoins are pump and dump and if that is the case, what is the point of holding something that will just be pumped at the beginning and dumped later after a few days or months? In the end, they become dead projects, and they will never wake up again. So, saying that holding altcoins is more suitable than holding Bitcoin is very wrong.do you know that it is even Bitcoin patterns that all the altcoins follow, so altcoins do not have their own way. In fact, almost all the projects out there nowadays are scams projects and anyone who invests in them will just likely later regret .My question is now is how many altcoin projects have come into the crypto industry and are now nowhere to be found? The point is that Bitcoin is the best for holding and it will always be. It has proven this in many ways and history speaks clearly about it.

[Stormisover]

Disagree with that, despite the current price of Bitcoin (BTC) that some people think is high, I think Bitcoin (BTC) is still one of the best assets to HODL. This is because the price of Bitcoin (BTC) has been growing well year after year & its increasing adoption over time has also made its price better. Compared to altcoins, they have smaller capitalization & lower liquidity, which makes some of them possibly unstable if we hold them.

When we mean hold it is all about Bitcoin, i even wonder why op coud make such comparison about Bitcoin and altcoins when Bitcoin plays a king role in the crypto market, it has a limited supply of only 21 million and we know the implications of this in the crypto market compared to the supply of altcoins, Bitcoin has proven it'self so many kind of ways, it has the hold potential and of course it's rising wider spread adoption and demands, i usually tell anyone that if you are considering holding a coin go for Bitcoin, hold should be for a long period of time.

[Dunamisx]

Was it because of the recent fall that makes some think that bitcoin is not more suitable for long time hold, when we don't know what may comes after this time, the benefits of holding is that there's this assurance of the market rising and then we don't know how soon this could be any moment from now, than when we are not holding and then think the market will go dip the more, because is always been consistent, when it falls, it then rises.

[Hispo]

I conclude that HODL strategy is much more suitable for altcoins than BTC nowadays - just because the altcoins (as a whole market - not every single altcoin in this market) are undervalued relative to their equilibrium long-term price. Equilibrium price of the asset is determined by its value (in the case of cryptocurrencies this means image, perceived usefulness, acceptance rate). Altcoins prices are generally lower than their values at the moment.
As Warren Buffett says — 'Price is what you pay. Value is what you get'.

Altcoins market is undervalued (and many single altcoins in this market are strongly undervalued). Bitcoin is clearly overvalued.


HODL is suitable for undervalued coins.

That is very situational, though.
Because most of alternative currencies which are launched on the market are pretty much useless or are shitcoins which are supposed to be avoided, even currencies which seem to have a good real use case can get a pump at launch and then get flat lines a while after people get their hands on those of those tokens.
Holding in the long term only works with deflationary assets which are time proven and are truly descentralized, Bitcoin is one of them, and depending whom you ask Ethereum could be one as well, even though it does not have a deflationary supply.

If you choose shitcoin to hold in the long term, then you will carry that bag for the rest of your life with no profit out of it.

[TastyChillySauce00]

Well we’ve heard you, please go check out the newest altcoin/shitcoin and see how you can hold it till it becomes 0.0000 then you will understand that bitcoin is not what to be compared with shits that are mostly created for rug pull or scams, in a general word pump and dump shits, of course some coins may be good I mean altcoins which are under performing today but doesn’t have no relation to comparing them to bitcoin in terms of hold.

Yeah OP don't know that altcoin could go as low as 0 because there's always new altcoin and projects grow and die unlike bitcoin that's considered as a digital gold.

There is no such thing as undervalued altcoins if there is a chance for it to go to zero and the chance is pretty huge. Just one DAO and governance mistake is enough to doom the coin and send it to 0.

[Odusko]

In terms of risks= Bitcoin is less risk inclined than altcoins, so we shouldn't put much confidence in altcoins all together, but Bitcoin at least we have some level of consistency in terms of price movement and recovery that keeps us at peace when we invest in Bitcoin for long term but we can do same with altcoins.

[JaanusRaim]

Well we’ve heard you, please go check out the newest altcoin/shitcoin and see how you can hold it till it becomes 0.0000 then you will understand that bitcoin is not what to be compared with shits that are mostly created for rug pull or scams, in a general word pump and dump shits, of course some coins may be good I mean altcoins which are under performing today but doesn’t have no relation to comparing them to bitcoin in terms of hold.

Yeah OP don't know that altcoin could go as low as 0 because there's always new altcoin and projects grow and die unlike bitcoin that's considered as a digital gold.

There is no such thing as undervalued altcoins if there is a chance for it to go to zero and the chance is pretty huge. Just one DAO and governance mistake is enough to doom the coin and send it to 0.

You put it very clearly "There is no such thing as undervalued altcoins". Saying so you represent the vast majority - the vast majority of nowadays people feel similar way. Most think that cryptocurrencies have no fundamental value as well. They are just a scam, only pump and dump projects.

Cryptos (except Bitcoin) are not felt like "real" assets today. There is no need to say anything more 

[Abiky]

I conclude that HODL strategy is much more suitable for altcoins than BTC nowadays - just because the altcoins (as a whole market - not every single altcoin in this market) are undervalued relative to their equilibrium long-term price. Equilibrium price of the asset is determined by its value (in the case of cryptocurrencies this means image, perceived usefulness, acceptance rate). Altcoins prices are generally lower than their values at the moment.
As Warren Buffett says — 'Price is what you pay. Value is what you get'.

Altcoins market is undervalued (and many single altcoins in this market are strongly undervalued). Bitcoin is clearly overvalued.


HODL is suitable for undervalued coins.

All of the top-ranked altcoins in market cap are undervalued. ETH hasn't even reached $5k yet. And don't get me started on Litecoin. This last one has a finite supply of 84m coins, while still retaining Bitcoin's core principles of decentralization and censorship-resistance. Some time ago, LTC used to be called "Silver to Bitcoin's Gold". And for a very good reason. Another undervalued coin would be Monero. Way "cheap" considering all of the benefits it provides to end users.

Altcoin season is talking a lot longer than usual, so our only option would be to "HODL" and wait. The big deal would be the approval of spot ETFs by the SEC. Especially for major alts such as Solana, Litecoin, and XRP. I'd pay close attention to the market, just in case. Who knows if acting now will make you rich in the future?

[Churchillvv]

Well we’ve heard you, please go check out the newest altcoin/shitcoin and see how you can hold it till it becomes 0.0000 then you will understand that bitcoin is not what to be compared with shits that are mostly created for rug pull or scams, in a general word pump and dump shits, of course some coins may be good I mean altcoins which are under performing today but doesn’t have no relation to comparing them to bitcoin in terms of hold.

Yeah OP don't know that altcoin could go as low as 0 because there's always new altcoin and projects grow and die unlike bitcoin that's considered as a digital gold.

There is no such thing as undervalued altcoins if there is a chance for it to go to zero and the chance is pretty huge. Just one DAO and governance mistake is enough to doom the coin and send it to 0.

You put it very clearly "There is no such thing as undervalued altcoins". Saying so you represent the vast majority - the vast majority of nowadays people feel similar way. Most think that cryptocurrencies have no fundamental value as well. They are just a scam, only pump and dump projects.

Cryptos (except Bitcoin) are not felt like "real" assets today. There is no need to say anything more 

Almost all shitcoins/altcoins have owners or founders not a decentralized system of control but centralized which at the end of the day just a single allegation will bring a $100 dollar worth of shitcoin into 0.05 in less than 24hrs, this not an alleged claim but true which we can see on so many creators of cryptocurrencies that were accused and at the end their coins failed almost instantly after conviction. So shitcoins are shitcoins there is not second guess.

[suhadi88]

Almost all shitcoins/altcoins have owners or founders not a decentralized system of control but centralized which at the end of the day just a single allegation will bring a $100 dollar worth of shitcoin into 0.05 in less than 24hrs, this not an alleged claim but true which we can see on so many creators of cryptocurrencies that were accused and at the end their coins failed almost instantly after conviction. So shitcoins are shitcoins there is not second guess.

Not only does it last 24 hours, but it's even shorter, with some lasting only 3 hours. The price immediately drops to the lowest point, even if we chase it and add more funds, they won't hesitate to hit it again, until the zero you mentioned above $100 becomes 0.05, or even worse, and it makes us emotional because we bought it. Shitcoin is a money-draining machine for users on the exchange. So your statement say shitcoin is still shitcoin, no need to hesitate any longer is 100% correct.

[Churchillvv]

Almost all shitcoins/altcoins have owners or founders not a decentralized system of control but centralized which at the end of the day just a single allegation will bring a $100 dollar worth of shitcoin into 0.05 in less than 24hrs, this not an alleged claim but true which we can see on so many creators of cryptocurrencies that were accused and at the end their coins failed almost instantly after conviction. So shitcoins are shitcoins there is not second guess.

Not only does it last 24 hours, but it's even shorter, with some lasting only 3 hours. The price immediately drops to the lowest point, even if we chase it and add more funds, they won't hesitate to hit it again, until the zero you mentioned above $100 becomes 0.05, or even worse, and it makes us emotional because we bought it. Shitcoin is a money-draining machine for users on the exchange. So your statement say shitcoin is still shitcoin, no need to hesitate any longer is 100% correct.

Right! Altcoins are not long term possessions they are just get and dump shits, so basically buying them should be only for the purpose of making a quick profit for those who will be able to risk it, buy and sell once their is an upward indicator that it the basic necessity of altcoins, so from the perspective of op altcoins are never to used in the same sentence as HODL, infact that word is basically only meant for bitcoin.

[Jegileman]

You’re just saying things without bringing out facts, how can you convince your audience to believe what you’re saying and prove what you’re claiming it is in this your post? Bitcoin is still the best in terms of HODL and if there is any altcoin that has performed better than Bitcoin in terms of long term HODL, then mention it here and we can see its past historical performance in the market that has made it beaten Bitcoin in terms of long term.

[nelson4lov]

[...]
Altcoins market is undervalued (and many single altcoins in this market are strongly undervalued). Bitcoin is clearly overvalued.


HODL is suitable for undervalued coins.

Undervalued by what metrics? The current altcoin space is designed in a flawed way that mainly benefits teams, insiders and their VC investors. See popular tokens like TIA, would you say it is undervalued right now given its current value proposition is near zero? It's an infrastructure project that provides DA to other projects and if anything, these altcoins projects are overvalued with propped up price.

Your argument for Bitcoin being overvalued vs most of these worthless altcoins is wrong.

[Bd officer]

I don't think the hodl strategy is more suitable for altcoins. Bitcoin was the best to hold in the past and will be the best in the future. Do you know which altcoins to hold that will give you good profits? Of course not, because there are so many shitcoins in the market, it is difficult to find the best coins among them. There are many who have held altcoins in the past and have suffered losses but have not been able to recover. But Bitcoin has proven in the past that if you hold Bitcoin for a long time, it is possible to make good profits, so Bitcoin is the best to hold.

[laspol65]

Well we’ve heard you, please go check out the newest altcoin/shitcoin and see how you can hold it till it becomes 0.0000 then you will understand that bitcoin is not what to be compared with shits that are mostly created for rug pull or scams, in a general word pump and dump shits, of course some coins may be good I mean altcoins which are under performing today but doesn’t have no relation to comparing them to bitcoin in terms of hold.

Altcoins are pumped into the market for a short period of time and some Altcoins are not pumped into the market but are dumped and take people's money. But Bitcoin has been in the market for a long time and has benefited people so far. Those who have traded Bitcoin in the high market will have a chance to profit if they keep it for a long time but there will be less chance of loss. Because there is a high possibility of Bitcoin price increasing later, but Altcoins are constantly coming into the market and destroying people's money.