HODL is much more suitable for altcoins than BTC nowadays

[indah rezqi]

~~ Snip ~~

You are right. Most of the investors who held the coins you mentioned made high profits. But I don't think altcoins are reliable for long term holding. In the future, we may regret not buying and holding these top alts at this time. I believe that good times are also waiting for investors who can buy ETH, SOL, BNB and hold them for the long term.

I am really confused by your 2 statements:
1. You have doubts about the future of altcoins.
2. You regret not being a part of it.

Essentially, everything traded in the crypto market has its own potential, but not all of them can provide you with long-term returns. There have been too many altcoin failures in the past and the list will likely continue to grow in the future. If you believe in the potential of some altcoins, then try to invest in them in amounts you can afford to lose, but you may have to admit that bitcoin tends to perform better in the long term.

Honestly I see very few investors who have made profits from altcoins. Most of the investors who have made profits are from Bitcoin holders. Many investors consciously want to avoid gambling in alternative ways.

We never know how many investors have managed to get returns from altcoins, but I'm sure the number is also large. Everyone will surely exploit the market and will find good potential in anything possible, so if it is about making profits, then you probably don't need to ignore altcoins completely. If your investment goal is to hedge in the long term, then it is best to avoid altcoins, bitcoin is certainly more suitable for that purpose.

[Ahli38]

How are you able to figure out if an altcoin is undervalued though? there are many altcoins with 0 rev, shouldn't their overall valuation goes to zero? yet they still have some good market cap in the market even it isn't reaching billions.
Altcoin being undervalued is mostly illusion. Many of them deserve to go zero because these altcoins have no product market fit to begin with yet they still have some valuation because people like to speculate.
My point being, sometime just because an altcoin has dumped so hard and may give you a sense of being undervalued isn't actually undervalued at all. Maybe it's time for the market to reveal its true deserving price which is close to zero.

Undervalued altcoins can actually be seen in their teams or even their communities. And the use case also needs to be checked to see if it has a truly useful purpose. Many altcoins do not live up to their claims. Their vision and even their mission often deviate from reality. Graduall, such altcoins will begin to fade away as people lose trust in them. And most likely this will cause them to experience a sharp decline or even approach to zero. Only altcoins with clear fundamentals will survive while the others will disappear from circulation. So I personally believe that altcoins without a clear vision or fundamentals are not worth holding.

[gunhell16]

How are you able to figure out if an altcoin is undervalued though? there are many altcoins with 0 rev, shouldn't their overall valuation goes to zero? yet they still have some good market cap in the market even it isn't reaching billions.
Altcoin being undervalued is mostly illusion. Many of them deserve to go zero because these altcoins have no product market fit to begin with yet they still have some valuation because people like to speculate.
My point being, sometime just because an altcoin has dumped so hard and may give you a sense of being undervalued isn't actually undervalued at all. Maybe it's time for the market to reveal its true deserving price which is close to zero.

Undervalued altcoins can actually be seen in their teams or even their communities. And the use case also needs to be checked to see if it has a truly useful purpose. Many altcoins do not live up to their claims. Their vision and even their mission often deviate from reality. Graduall, such altcoins will begin to fade away as people lose trust in them. And most likely this will cause them to experience a sharp decline or even approach to zero. Only altcoins with clear fundamentals will survive while the others will disappear from circulation. So I personally believe that altcoins without a clear vision or fundamentals are not worth holding.

The real battle still comes down to the use cases of new altcoins rising in the crypto space. If the use case or utility is poor, they’ll have a hard
time, encouraging investors to buy that kind of asset.

But if investors see future potential, especially if they see big-name partners backing the project, the community
will definitely swarm it.

[Emeraldo]

How are you able to figure out if an altcoin is undervalued though? there are many altcoins with 0 rev, shouldn't their overall valuation goes to zero? yet they still have some good market cap in the market even it isn't reaching billions.
Altcoin being undervalued is mostly illusion. Many of them deserve to go zero because these altcoins have no product market fit to begin with yet they still have some valuation because people like to speculate.
My point being, sometime just because an altcoin has dumped so hard and may give you a sense of being undervalued isn't actually undervalued at all. Maybe it's time for the market to reveal its true deserving price which is close to zero.

Undervalued altcoins can actually be seen in their teams or even their communities. And the use case also needs to be checked to see if it has a truly useful purpose. Many altcoins do not live up to their claims. Their vision and even their mission often deviate from reality. Graduall, such altcoins will begin to fade away as people lose trust in them. And most likely this will cause them to experience a sharp decline or even approach to zero. Only altcoins with clear fundamentals will survive while the others will disappear from circulation. So I personally believe that altcoins without a clear vision or fundamentals are not worth holding.

From what I have been seeing in the market and the way the launch of altcoins have been reducing, it looks like investors are now realizing that investing in most of the new altcoins can be a scam and people have been avoiding presale launch if it is not done by a reputable exchange. Coin launch were very high few years ago but it has started depreciating maybe because so many people have been unfortunate buying the wrong projects that gave them loses. Altcoins investment can be seen with two eyes because if you make a mistake to invest in the bad project, it can lead to lose of capital.

[Agbe]

Op that means you don't understand the crypto market. Since when I join the crypto world, I have not seen any coin doing well more than bitcoin. Instead, bitcoin control all other coins in the market. Okay example. Just visit the Market now and tell me if other cryptocurrencies (altcoins) are doing well in the market as bitcoin price is going down. When bitcoin was $125+k Ethereum price was $5+k and now that the price of bitcoin is $87k, the price of Ethereum is $2+k and Ethereum is the second cryptocurrency in the market and if Ethereum is low then others are dust in the market. So I don't know where you get the information that stable coins are more better than bitcoin in term of holding. Wrong theory.

[dzungmobile]

Op that means you don't understand the crypto market. Since when I join the crypto world, I have not seen any coin doing well more than bitcoin. Instead, bitcoin control all other coins in the market. Okay example. Just visit the Market now and tell me if other cryptocurrencies (altcoins) are doing well in the market as bitcoin price is going down. When bitcoin was $125+k Ethereum price was $5+k and now that the price of bitcoin is $87k, the price of Ethereum is $2+k and Ethereum is the second cryptocurrency in the market and if Ethereum is low then others are dust in the market. So I don't know where you get the information that stable coins are more better than bitcoin in term of holding. Wrong theory.

Holding is only safe and profitable with best and strongest cryptocurrencies. It's Bitcoin, Ethereum, BNB, Ripple and some old altcoins. With new altcoins, be very careful with them as even new top altcoins each year, each market cycle can be abandoned by their team, scams or die with time. Last market cycle, there are two top altcoins with death spirals, LUNA from Terra and FTT from FTX exchange.

The cryptocurrency market snapshots over years with overviews on top altcoins can show how altcoins are very weak and dangerous, even they are top coins.
https://coinmarketcap.com/historical/

[WatChe]

Undervalued altcoins can actually be seen in their teams or even their communities. And the use case also needs to be checked to see if it has a truly useful purpose. Many altcoins do not live up to their claims. Their vision and even their mission often deviate from reality. Graduall, such altcoins will begin to fade away as people lose trust in them. And most likely this will cause them to experience a sharp decline or even approach to zero. Only altcoins with clear fundamentals will survive while the others will disappear from circulation. So I personally believe that altcoins without a clear vision or fundamentals are not worth holding.

There are thousands of alts in the market and it's becoming a challenge to find the right alt for investment. Every team of new alt coin, claim innovative features as marketing strategy. It's a reality that majority of new alts are abandoned by team soon after there launch or turned out to be scam. That's why new alts must be avoided or one can go for it if he has done through research on the project. Top alts like Eth, BnB are considered best for investment. They are high in price but have the potential to give good return in the long run. 

[Juse14]

Op that means you don't understand the crypto market. Since when I join the crypto world, I have not seen any coin doing well more than bitcoin. Instead, bitcoin control all other coins in the market. Okay example. Just visit the Market now and tell me if other cryptocurrencies (altcoins) are doing well in the market as bitcoin price is going down. When bitcoin was $125+k Ethereum price was $5+k and now that the price of bitcoin is $87k, the price of Ethereum is $2+k and Ethereum is the second cryptocurrency in the market and if Ethereum is low then others are dust in the market. So I don't know where you get the information that stable coins are more better than bitcoin in term of holding. Wrong theory.

Sorry sir but ETH has never been above $50k so far including in the current cycle ETH did not get the highest point of $5k, this is something that needs to be accepted that Altcoin is not worth holding for too long the risk is losing what we invest and I agree that bitcoin is the best, there is nothing better than bitcoin even when we buy bitcoin at the peak price of the previous cycle we can get profit from holding long term in this cycle up to $126k, and stable coin is just a representation of fiat that we use everyday with every year count experiencing massive inflation too, but if it is for temporary holding before buying bitcoin at a cheaper price again it is indeed a good choice.

[Victorybit1]

Undervalued altcoins can actually be seen in their teams or even their communities. And the use case also needs to be checked to see if it has a truly useful purpose. Many altcoins do not live up to their claims. Their vision and even their mission often deviate from reality. Graduall, such altcoins will begin to fade away as people lose trust in them. And most likely this will cause them to experience a sharp decline or even approach to zero. Only altcoins with clear fundamentals will survive while the others will disappear from circulation. So I personally believe that altcoins without a clear vision or fundamentals are not worth holding.

There are thousands of alts in the market and it's becoming a challenge to find the right alt for investment. Every team of new alt coin, claim innovative features as marketing strategy. It's a reality that majority of new alts are abandoned by team soon after there launch or turned out to be scam. That's why new alts must be avoided or one can go for it if he has done through research on the project. Top alts like Eth, BnB are considered best for investment. They are high in price but have the potential to give good return in the long run. 

Altcoins are always like this and that's why it's always tricky and advice to do proper research before involving yourself in the act of buying a said altcoin for the purpose of holding it for long term. There are so many altcoin in the market that can even a veteran confuse when it comes to the selection of the right and appropriate coin, because alot of them are on the market for exit scam purpose while some are purely with the act deceit

[Antona]

Op that means you don't understand the crypto market. Since when I join the crypto world, I have not seen any coin doing well more than bitcoin. Instead, bitcoin control all other coins in the market. Okay example. Just visit the Market now and tell me if other cryptocurrencies (altcoins) are doing well in the market as bitcoin price is going down. When bitcoin was $125+k Ethereum price was $5+k and now that the price of bitcoin is $87k, the price of Ethereum is $2+k and Ethereum is the second cryptocurrency in the market and if Ethereum is low then others are dust in the market. So I don't know where you get the information that stable coins are more better than bitcoin in term of holding. Wrong theory.

LOL yeah the "stablecoins are better for holding" theory is a new one, that's just for avoiding volatility, not for growth your point about BTC controlling the market is basic but so true it's the tide when it goes out every boat drops, seeing ETH at half its ATH while BTC is near its highs just proves the pecking order.

[tech30338]

Op that means you don't understand the crypto market. Since when I join the crypto world, I have not seen any coin doing well more than bitcoin. Instead, bitcoin control all other coins in the market. Okay example. Just visit the Market now and tell me if other cryptocurrencies (altcoins) are doing well in the market as bitcoin price is going down. When bitcoin was $125+k Ethereum price was $5+k and now that the price of bitcoin is $87k, the price of Ethereum is $2+k and Ethereum is the second cryptocurrency in the market and if Ethereum is low then others are dust in the market. So I don't know where you get the information that stable coins are more better than bitcoin in term of holding. Wrong theory.

LOL yeah the "stablecoins are better for holding" theory is a new one, that's just for avoiding volatility, not for growth your point about BTC controlling the market is basic but so true it's the tide when it goes out every boat drops, seeing ETH at half its ATH while BTC is near its highs just proves the pecking order.

If they are going to hold stable coins they are not after the profit, but safety of not losing value, but its not the best way since your money is going to be the same after 5-10 years since the token you have chosen is for not losing value but never gets any profit, i would suggest buying Ethereum or anything that is in the market, but not meme coin, your will be doomed there, the reason is that your money will have higher value after five years for sure , if loses value it will not be that high so there is a risk but small, but the reward is better.

[Abiky]

Sorry sir but ETH has never been above $50k so far including in the current cycle ETH did not get the highest point of $5k, this is something that needs to be accepted that Altcoin is not worth holding for too long the risk is losing what we invest and I agree that bitcoin is the best, there is nothing better than bitcoin even when we buy bitcoin at the peak price of the previous cycle we can get profit from holding long term in this cycle up to $126k, and stable coin is just a representation of fiat that we use everyday with every year count experiencing massive inflation too, but if it is for temporary holding before buying bitcoin at a cheaper price again it is indeed a good choice.

It's why investing in altcoins is a losing game. Not even ETH holders have been lucky. The dream of ETH reaching a price of $5k is getting farther each day. I'm not saying that it won't happen. But it's taking a lot longer than usual for ETH to produce actual results. BTC is the one crypto that's been taking the spotlight. Institutional investors continue to buy it, leaving ETH behind in the dust. That's odd, since ETH also has its own spot ETFs. While capital inflows have increased a bit ever since the SEC gave the "green light" to institutional investment firms, they're in no way as comparable as Bitcoin.

I guess altcoins are more of a long-term thing. And by long-term, I mean far away in the future. On the bright side, the prolonged bearish market gives everyone the opportunity to buy alts at a discount. Who knows? Maybe our patience will finally pay off someday. We'll see what happens...

[Antona]

Sorry sir but ETH has never been above $50k so far including in the current cycle ETH did not get the highest point of $5k, this is something that needs to be accepted that Altcoin is not worth holding for too long the risk is losing what we invest and I agree that bitcoin is the best, there is nothing better than bitcoin even when we buy bitcoin at the peak price of the previous cycle we can get profit from holding long term in this cycle up to $126k, and stable coin is just a representation of fiat that we use everyday with every year count experiencing massive inflation too, but if it is for temporary holding before buying bitcoin at a cheaper price again it is indeed a good choice.

It's why investing in altcoins is a losing game. Not even ETH holders have been lucky. The dream of ETH reaching a price of $5k is getting farther each day. I'm not saying that it won't happen. But it's taking a lot longer than usual for ETH to produce actual results. BTC is the one crypto that's been taking the spotlight. Institutional investors continue to buy it, leaving ETH behind in the dust. That's odd, since ETH also has its own spot ETFs. While capital inflows have increased a bit ever since the SEC gave the "green light" to institutional investment firms, they're in no way as comparable as Bitcoin.

I guess altcoins are more of a long-term thing. And by long-term, I mean far away in the future. On the bright side, the prolonged bearish market gives everyone the opportunity to buy alts at a discount. Who knows? Maybe our patience will finally pay off someday. We'll see what happens...

It's a classic cycle of disappointment the narrative shifts fast ETH $5k felt inevitable last bull run, now it feels distant. The institutional preference for BTC is the clearest signal they want the simplest hardest asset alts are for when retail euphoria returns, and who knows when that will be, accumulating slowly is the only sane play