Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Amphenomenon on January 09, 2024, 03:31:22 PM
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners. Just few days after new year this happened :Market dip hit crypto traders with over $650 million in long liquidations last week (https://www.theblock.co/post/227643/bitcoin-price-crypto-long-liquidation). This gives more reasons to avoid trading especially for beginners, since traders may usually fall into pump and dump Schemes and trading especially when trading Altcoins. Its advisable to HODL but the reason I made this post is about from the fact that, we know the surety of HODLing bitcoin, it can be HODL for over a decade but this is not true for most altcoins. Though I have 2 altcoins I can advice anyone to HODL which are Solona and Ethereum while I may have surety of HODLing altcoins for at most 2 years maybe with an exception of Ethereum which I may HODL longer.
I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
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How do you know an altcoin will be good for HODLing?
Mostly, I analyze the fundamentals of the altcoins. I only invest in the altcoins that have strong fundamentals. And I usually choose the top 50 altcoins for my long term holding. I rarely invest in new altcoins because most new altcoins aren't trustable. Many of them are scams and failed projects.
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I usually hold for 4 years. It is because we have 4 years cycle of bullish-bearish. I buy the crypto coins during the bearish season, then I will take profits in the bullrun/bullish season. I repeat my investment every 4 years, I think this is the safe target to take in the crypto assets.
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so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Indeed, for beginners, it is better to just hold because trading has a higher risk than loading, especially if you do future trading. Unless we already have sufficient understanding and competent risk management. This is to avoid all risks of losing money quickly in the crypto business. because trading is not an easy thing, it is full of complications.
1. If for holding, it would be better to choose the main coin, namely Bitcoin. As for altcoins, choose at least top coins, which have strong fundamentals, a professional team, a high market cap, and an ongoing project, at least this will be safer than with hype coins. for example, we can hold ETH, MATIC, ADA, BNB, XRP, SOL, and other top coins.
Stay away from hype coins kr wjatever new coins that only based on its viral and have no further agenda.
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I know that hodling have no liquidations, and it's far better than trading in terms of risk, but I think buying a coin without enough knowledge to hodl is not a good idea since there are lot of investors who put their investments into sleep because the price went below their buying price, and it's true to year 2021. Lot of investors who bought at the peak where they thought that price will continue to increase, but the price went in the opposite direction. So if you have enough knowledge, you could minimize the risks of being one of them.
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The advantage of altcoins is that they generally have greater utility than Bitcoin. The more utility a token has, the more likely it is to last longer. Why altcoins are better for your portfolio
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True that trading have more risk compare to that of holding. Like a day back just because of the ETF news alot of people experience liquidation due to the pump and dump, traders STL (stop loss) where even triggered causing them to sell in losses.
But most of us that where holding didn't even bother selling ours we just keep holding because we no that after experiencing a dump it surely experience a pumb again.
Before hold most altcoins I actually do some deep researches first, because most altcoins are being use as scamming project mostly new coins. That why I love holding the main altcoins. To be honest don't actually have a fixed duration in holding coins just sell when I feel like, or depending to the coin performance. But most time holding long is the best though.
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How do you know an altcoin will be good for HODLing?
Mostly, I analyze the fundamentals of the altcoins. I only invest in the altcoins that have strong fundamentals. And I usually choose the top 50 altcoins for my long term holding. I rarely invest in new altcoins because most new altcoins aren't trustable. Many of them are scams and failed projects.
True I guess the top 50 really minimise every risk since they have built trust and have a utility value.
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I usually hold for 4 years. It is because we have 4 years cycle of bullish-bearish. I buy the crypto coins during the bearish season, then I will take profits in the bullrun/bullish season. I repeat my investment every 4 years, I think this is the safe target to take in the crypto assets.
indeed buying in the bear and selling in bull using the 4 year span I guess this actually works well but I bet this would work much better with DCA especially since most coins hit significant dip in the mid of the 4 year
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The advantage of altcoins is that they generally have greater utility than Bitcoin. The more utility a token has, the more likely it is to last longer. Why altcoins are better for your portfolio
Aren't you wrong in saying this compared to altcoins and bitcoin? While you say with utility many altcoins will last a long time? Try analyzing again how many altcoins fail, even though they have a lot of utility, it doesn't guarantee that when the founder wants to run away and throw away all the tokens, it will be a failed project, not all altcoins can last long, I don't believe that, except Bitcoin, one of them will survive. long with high capital.
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I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
If we talk about altcoins then it's just a guess not something that there are precise indicators to be able to judge which altcoins are worth holding, because if we look at ETH, BNB or some other altcoins that are currently stable but at the beginning, they were all in doubt in the minds of investors and when investors continue to hold them it is just a form of speculation.
As for how long it depends on how well it is developed and also what altcoins you hold, those that are already stable are worth holding for the long term but new altcoins are not very feasible for the long term.
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I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
First, I will choose an altcoin to hold based on the background of the owner and creator of the altcoin and based on the partners and large investors who are behind the project that I hold. And most importantly, we can see positive ecosystem development in the altcoin project that we held at that time. Examples of altcoins that I hold are layer 1 (ETH, AVAX and others) and AI category Altcoins (AGIX and others).
I'll probably hold onto the altcoins I've accumulated until the bullrun really gets very high. That is, when people start FOMO, that's when maybe I will sell the altcoins that I have collected.
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How do you know an altcoin will be good for HODLing?
Try analyzing the coin that will be HODLed, especially from its background. If that makes you confident, then choose that altcoin, but it will still be a risk if you don't choose the right altcoin.
Continuously, many people HODL on altcoins with large capital, for example ETH and BNB, so this is still worth HODLing. Once again, this project is never in doubt because it has a strong community.
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Don't HODL altcoins for too long, if the profit is enough for you then just let go of ownership of the altcoin, because I'm not really sure if you HODL for too long it will actually have a bad impact in the future.
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I held xym for 2 years and it never recovered in the bull run. Even if the project has potential, utility or strong team buying and holding when the price has risen or during its release its risky. Buy and hold a good altcoin when the price is under valued.
For your question
1. There are lots of indicators individuals use like the market share, community, team , utility , total supply and not excluding how good is their advertisement. A coin whose utility can be used frequently would have a higher chance of survival than one people barely make use of.
2. Its subjective. Holding doesnt have specified time frame. It all depends on what your goal is. Personally i would say buying after Bitcoin halving correction and selling after its peak thats the highest i can go for an altcoin. But i prefer selling in the form of DCA after different profit but always making sure there remain some on my portfolio.
Like trading holding is risky. FTT despite its strength still fell. Dont buy a dip that arised from a flaw of a coin foundation/fundamentals.
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If you hold cryptocurrency or Bitcoin, you should know how to research a potential coin in this crypto business. First of all, look at its tokenomics, or check coinecko or coinmarketcap, so we can see how many daily volumes and marketcaps it has and if there is a history of previous bull runs.
And if you can see that this is a low cap, you can take a risk as long as the volume trade is good every day. Also, look at its updates on social media, and the demand for coins is a lot. Anyway, we can say that it can give you a good profit in the future, even in the short-term and even in the long-term. But, of course, you still have to do it.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners.
As for me, I even see trading more safe than holding for anybody, this is not even on beginners alone, you can't keep on with the use of altcoins always and be trading them without avoiding some level of risk unlike when you are holding which is more dangerous to because you don't know what may comes out of the coin, you can keep holding for long without the coin performing well and at the cause, it may also get down and fail, but trading could always only include a short period of holding before trading any coin.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
1. TBH, none of the altcoins are good for HODLing, because altcoins is made according to the current trend, for example back in 2021 it was NFTs, then in 2022 it was metaverse, and at the end of 2023 the trend of AI started now it is the trend of L2 and L3 projects. These trends overtake the potential of previous trends which is bad for us (investors, yeah we are investors because we are investing for the long term). So, in short, I won't do holding in altcoins with the thought that they could give me more or equal results that BTC can give me.
2. I am currently holding none, and the time to hold a coin should not be fixed, like even for BTC as well, if you think now is the good time to book some profit then we should not hesitate to do so, because booking profit at least make us confident about our decisions and we can also retake an entry at some good point later in time.
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2. I am currently holding none, and the time to hold a coin should not be fixed, like even for BTC as well, if you think now is the good time to book some profit then we should not hesitate to do so, because booking profit at least make us confident about our decisions and we can also retake an entry at some good point later in time.
Truly the time frame to HODL is individual preference but there may be a maximum years that hold surety of getting gains especially when it comes to altcoins and that is the reason for this topic
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Determining if an altcoin is good for HODLing involves thorough research into its fundamentals, team, use case, and community support. The duration for HODLing depends on your investment goals and market conditions. I don't personally hold any assets, including altcoins, as I am a computer program. Always do your research and consider your risk tolerance before investing.
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HODLing has always been a safer strategic option, especially when the market is on a downturn. While with Bitcoin, I believe it's essential to choose a long-term perspective, selecting altcoins can be challenging. Personally, I prefer established projects like Solana and Ethereum for more extended HODLing, possibly up to ten years.
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HODLing has always been a safer strategic option, especially when the market is on a downturn. While with Bitcoin, I believe it's essential to choose a long-term perspective, selecting altcoins can be challenging. Personally, I prefer established projects like Solana and Ethereum for more extended HODLing, possibly up to ten years.
Choosing a project that is already established and has clear fundamentals should be a priority if it is for the long term. Because choosing a new altcoin whose potential has not yet been seen is much riskier. Unless it is for the medium or short term.
Hodling Btc is indeed the most comfortable to do, especially if you are accumulating using the DCA strategy since the bearish market occurred. So that when the bull run market comes, we can see our portfolio growth being very positive. Likewise in altcoins the DCA method can be done like in Ethereum etc.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners. Just few days after new year this happened :Market dip hit crypto traders with over $650 million in long liquidations last week (https://www.theblock.co/post/227643/bitcoin-price-crypto-long-liquidation). This gives more reasons to avoid trading especially for beginners, since traders may usually fall into pump and dump Schemes and trading especially when trading Altcoins. Its advisable to HODL but the reason I made this post is about from the fact that, we know the surety of HODLing bitcoin, it can be HODL for over a decade but this is not true for most altcoins. Though I have 2 altcoins I can advice anyone to HODL which are Solona and Ethereum while I may have surety of HODLing altcoins for at most 2 years maybe with an exception of Ethereum which I may HODL longer.
I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
My Answers to your 2 Questions:
1: There is no actual and 100% accurate way to find altcoins good for Hodling, what people mostly do is they buy and HODL reputable and well-established altcoins. but when it comes to new and upcoming projects, those who are newly listed or those who are in their token sale phase, then people try to conclude necessary due diligence, read other people's reviews, or decide to buy that because of someone else an influencer or someone (which is not a good idea btw)
2: Speaking of myself. I've been Hodling some LUNC tokens since their crash, they were so cheap. even cheaper than any memecoin, so I bought around $30 worth of them and holding them until now, it is just a fun holding, it'll either make me rich or not. I don't have plan to sell them until a significant price mark.
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Determining if an altcoin is good for HODLing involves thorough research into its fundamentals, team, use case, and community support. The duration for HODLing depends on your investment goals and market conditions. I don't personally hold any assets, including altcoins, as I am a computer program. Always do your research and consider your risk tolerance before investing.
Honestly, I don't see anything bad or wrong with holding altcoins. As long as you know how to look legit or not be able to make a profit, it's really a good opportunity. Because in altcoin you can really earn 100x up to 1000x and sometimes even reach 2000x more compared to Bitcoin.
Although the level of risk in altcoins is really high, you should be aware from the beginning that you should not expect to take profit from the capital that you will use in that matter. As long as we don't always forget the DYOR (do your own research),.
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Honestly, I don't see anything bad or wrong with holding altcoins. As long as you know how to look legit or not be able to make a profit, it's really a good opportunity. Because in altcoin you can really earn 100x up to 1000x and sometimes even reach 2000x more compared to Bitcoin.
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In reality, it is when finding a good enough Altcoin or memecoin with a strong community this will provide 100x or even 1000x more profits.
I've seen this kind of thing happen to $PEPE that I never thought could achieve such an incredible increase and even with just $1 could generate hundreds of thousands of dollars in profits if it came in early on the purchase.
Trying to invest and look for the latest memecoin or shitcoin is like catching a knife from a height, which has a fairly high risk but can give tremendous returns when entering the right altcoin.
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coins or altcoins are created because of trends, so I will choose altcoins according to the current trend, for example the L2 coin trend, because ethereum transaction costs are high, I use Arbitrum, Linea, Manta to look for tokens and NfT to trade and I think I will hold for 5 next year, because no one knows when the coin price will up or down
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Many people Holding Altcoin form longtime. Most of them bought it past bull session and from then holding altcoin because after that bear market huge dump all altcoin. I think their wait is almost over good time is coming. For ETF approve and upcoming halving bitcoin and all cryptocurrency and Altcoins price increasing and it will continue. So i think now time for buy Altcoin and Hold it. If we hold altcoin we will huge gain there has no doubt. I think it is best and perfect time for Hold altcoin.
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We all know that Altcoins generally are not worth holding for long term but if someone wishes to hold then
My advice on HODLing is that , look for Altcoins which moves in correspondence with BTC movements I won't suggest any but from your research you could find coin that moves along with Bitcoin. Also I believe Bitcoin influences Altcoins generally but there are some significant differences between General Altcoins and those who moves according to Bitcoin movement pattern
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Crypto currency trading is gradually increasing day by day because it creates a large market volume for people who wants to earn from the online era specially crypto market. we the people have the scope for earning a large by trading from the crypto market because it is more or less easy to trade as if people once learn from trading can earn easily from buying or selling, holding, staking, liquidity mining and so one. So i will prefer all the people who are smart in the online they can make or prepare them as a trader.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I think most of the time that altcoin investment is always risky and it is done in most losses if held for a long time. But we all know it is best and less risky when you invest in bitcoins other than altcoins. But the best altcoins for me to hold are ETH and BNB these coins are reliable and good to hold for long term. But I don't dare to hold long for future in all other coins because it can get damaged at any time and chances of losing money are high.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
For Altcoins, I don't dare to Hold because Altcoins always have problems and are more complex.
Many altcoins start out great and then die in the middle of the road, this is very sad and this is bad for us when we become Hodlers.
Bitconect, perhaps in 2017, is a ridiculous fraud scheme because it is structured and planned, not to mention that the one that is still hotly discussed is FTX.
Now I only keep Bitcoin in my wallet and for altcoins I don't dare to buy it, even for Ethereum I don't hold it because I don't have enough money to buy it and to buy it I also use GAS transactions to send ERC20 tokens.
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I do not trust altcoins except for Ethereum. My experience with altcoins taught me not to trust them in the long term because they are not guaranteed, and we have seen how altcoins that were thought to be strong coins collapsed.
Unlike Bitcoin and Ethereum, I do not advise you to hold in the long term, especially if you will invest a large amount of capital. However, if you have a small amount of capital to venture, there are many Altcoins that may achieve you 10x - 100x. But this is an Unsecured adventure that may succeed or fail.
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I do not trust altcoins except for Ethereum. My experience with altcoins taught me not to trust them in the long term because they are not guaranteed, and we have seen how altcoins that were thought to be strong coins collapsed.
Lol! I think most of this Altcoins are established for just a particular future payment or future large transaction after that they get dumped forever leaving the investors in a depressed situation :P. Moreover, people are now getting wise in the way they invest in Altcoins but developers kept on making more , we just hope it reduces
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coins or altcoins are created because of trends, so I will choose altcoins according to the current trend, for example the L2 coin trend, because ethereum transaction costs are high, I use Arbitrum, Linea, Manta to look for tokens and NfT to trade and I think I will hold for 5 next year, because no one knows when the coin price will up or down
trending coins are good for short term investment and trading, but you can't hold them for long term. because if an altcoin is in trending now, that might not be in trending after some months, which i think is probable.
so for HODLing purpose it is always better to pick those coins which are good for long term. which have use case for every time. like EVM blockchain coins such as ETH, BNB, Polygon.
L2 are good in general.
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If planning to hold ALT coins exclusively for a long time, my first choice would be Ethereum, BNB, Matic, XRP and other coins. Now many people may ask me why I mentioned the names of these coins when there are so many coins in the market and why I will hold these four coins for a long time instead of holding other coins for a long time. First of all there is the matter of reliability, I will invest in the coin that I consider safe and the coin that has more reliability and will give a good amount of return and hold it for a long time. Considering various aspects its four coins look good to me these four coins may not look good to many. Coin choice is a personal matter for the investor. Different coins may look good to different investors for different reasons, but for me these four coins are always the best.
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coins or altcoins are created because of trends, so I will choose altcoins according to the current trend, for example the L2 coin trend, because ethereum transaction costs are high, I use Arbitrum, Linea, Manta to look for tokens and NfT to trade and I think I will hold for 5 next year, because no one knows when the coin price will up or down
trending coins are good for short term investment and trading, but you can't hold them for long term. because if an altcoin is in trending now, that might not be in trending after some months, which i think is probable.
so for HODLing purpose it is always better to pick those coins which are good for long term. which have use case for every time. like EVM blockchain coins such as ETH, BNB, Polygon.
L2 are good in general.
I think it's also good if we trade with trend coins to earn income every day in short-term trading, so that every day we have a very interesting job... but if trend coins are made into long-term coins maybe it's a very bad idea because usually trend coins are Just for a short time, maybe in the next few months the coins will return to normal as usual.
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I don't find it right to hodl altcoins... Of course, major altcoins are generally reliable, but we all know the recent performance of EOS and LTC, which were once seen as major altcoins, or we all know the performance of XRP in the last bull season. None of these coins reached their ATH levels in the last bull season. Of course, I would like to say that I consider Ethereum in a separate category from other altcoins, but I look at it as a profit-oriented rather than a long-term investment tool. I'm a bit pessimistic about it...
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
if it is about holding alt coins, then I would immediately think about top coins. not referring to new coins even though they are very famous and have gone up a lot recently. because the goal is for holding, I will choose the top coin and have a high market cap as well as strong use cases and fundamental points.
I don't think I'm the type to hold altCoins for a very long time. The longest may be 4 to 5 years, or depending on the bearish and bullish cycles of the era. so every time there is a white run, I will choose to take profit if possible and enter the target price that I want to achieve.[/list]
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- As long as you know how to look for potential altcoins, it is good to do that if you are sure that it will give you a good profit in the future. Because I do it myself. I see more hope that I can achieve my dream in life through altcoins.
So this is the time, whether others agree with me or not. There are many potential altcoins in the market right now, to be honest, as long as you know how to look or search. And I am one of those who know how to look.
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I am actually a Bitcoin person so I don't like to do much research on altcoins. But the recent market showed us a different scenario. Altcoins pumped the market and Bitcoin didn't show that much movement compared to it. Maybe now it's time to focus more on Altcoins.
But the question is, which is the best choice for long-term HODLing with Altcoins? If you are an experienced trader or investor, you can make a profit out of almost every coin by following the trend and hype but not everything is best for long-term holding. For this, I will suggest going for something that has a good history of being a long-term asset in the alternative crypto market.
But if you find something decentralized, you should choose that. They are the best for long term.
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coins or altcoins are created because of trends, so I will choose altcoins according to the current trend, for example the L2 coin trend, because ethereum transaction costs are high, I use Arbitrum, Linea, Manta to look for tokens and NfT to trade and I think I will hold for 5 next year, because no one knows when the coin price will up or down
trending coins are good for short term investment and trading, but you can't hold them for long term. because if an altcoin is in trending now, that might not be in trending after some months, which i think is probable.
so for HODLing purpose it is always better to pick those coins which are good for long term. which have use case for every time. like EVM blockchain coins such as ETH, BNB, Polygon.
L2 are good in general.
You may be right in the other things you said, but we still need to be more careful in choosing the altcoins that we choose, there are a few things you mentioned that are also what I am doing with DCA at the moment, and Matic is one of them because I can see this is a rally entering the right time of the bull run, to be honest.
And in these times, honestly speaking, I see a lot of potential altcoins that have the potential to make a good profit in the future. I just don't have enough money to buy these altcoins that I know are little by little. That's all I can do right now. I just hope I can accumulate all the altcoins I want to have.
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I am actually a Bitcoin person so I don't like to do much research on altcoins. But the recent market showed us a different scenario. Altcoins pumped the market and Bitcoin didn't show that much movement compared to it. Maybe now it's time to focus more on Altcoins.
But the question is, which is the best choice for long-term HODLing with Altcoins? If you are an experienced trader or investor, you can make a profit out of almost every coin by following the trend and hype but not everything is best for long-term holding. For this, I will suggest going for something that has a good history of being a long-term asset in the alternative crypto market.
But if you find something decentralized, you should choose that. They are the best for long term.
I think in order to be willing to HOLD a token for a few months to a few years, investors need to conduct fundamental analysis to predict the long-term growth potential of that project: how big that field will be in the future, how many % of market share will the project capture, how much $B the total capitalization can reach. Without a well-founded belief, HOLDing a token is very difficult!
I'll give an example to illustrate: in my portfolio, DOT is a much weaker recovery token than AVAX and IMX. Many other investors sold DOT to invest in other tokens, and I congratulate them when they got higher profits than DOT holdings. Personally, I still believe in the future of cross-chain and the potential price increase of DOT in 2025. I'm not sure DOT can reach $200 in 2025, but I will continue to hold DOT until BTC shows signs of a reversal after creating the peak.
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Hey guys, how are you doing? I have seen that things with Alts are very Different from how they are with bitcoin , for Example I am always aware of doing things well and trying to Win with the bitcoin mvoietosn, I don't think that Things with alts me go Wrong , at one time I didn't Maintain alts, but I think I bought at the worst time, when bitcoin was almost at $69k and then the market started to fall and I had to quickly sell my investment, at that time you had two Altcoins but I sold them and I changed them to USDT, which then BTC fell , I did see the movement.
I ask this because I know that altcoins when bitcoin goes down, altcoins bleed too much and that is something that is reflected insofacto , now , many are Waiting for the alt season , which if I am not mistaken since 2017 we have not seen it, that is something that we can notice and that some wait with a lot of patience, of course this is what I sense that can happen, it's not that it's what is going to happen, but I do know that Things for me with altcoins because I Always take more care of them, Trust is greater with Bitcoin.
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I don't find it right to hodl altcoins... Of course, major altcoins are generally reliable, but we all know the recent performance of EOS and LTC, which were once seen as major altcoins, or we all know the performance of XRP in the last bull season. None of these coins reached their ATH levels in the last bull season. Of course, I would like to say that I consider Ethereum in a separate category from other altcoins, but I look at it as a profit-oriented rather than a long-term investment tool. I'm a bit pessimistic about it...
That's why investing in altcoins may just be safer in the short and medium term. We buy in bearish markets and sell in bullish markets. That's all we can do in altcoins. But there are also several altcoins which this season actually have new ATHs. so that many altcoin holders will definitely make a profit after holding it for the long term.
And the altcoin I mean is INJ.
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I don't find it right to hodl altcoins... Of course, major altcoins are generally reliable, but we all know the recent performance of EOS and LTC, which were once seen as major altcoins, or we all know the performance of XRP in the last bull season. None of these coins reached their ATH levels in the last bull season. Of course, I would like to say that I consider Ethereum in a separate category from other altcoins, but I look at it as a profit-oriented rather than a long-term investment tool. I'm a bit pessimistic about it...
That's why investing in altcoins may just be safer in the short and medium term. We buy in bearish markets and sell in bullish markets. That's all we can do in altcoins. But there are also several altcoins which this season actually have new ATHs. so that many altcoin holders will definitely make a profit after holding it for the long term.
And the altcoin I mean is INJ.
With so many altcoins, it is a challenge for us because it will confuse us. Many atcoins are predicted to have a good future, but in the end they don't achieve anything for years. on the other hand there are also altcoins that we don't predict to achieve something in the future, they can actually reach higher prices.
There is no guarantee of that, maybe one option is to choose a coin that is in the top 10, yes it can be one of the choices if we want to invest in altcoins.
I myself prefer to invest in alcoins for a short time to take profits, after that I can use the profits to invest in bitcoin.
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That's why investing in altcoins may just be safer in the short and medium term. We buy in bearish markets and sell in bullish markets. That's all we can do in altcoins. But there are also several altcoins which this season actually have new ATHs. so that many altcoin holders will definitely make a profit after holding it for the long term.
And the altcoin I mean is INJ.
With so many altcoins, it is a challenge for us because it will confuse us. Many atcoins are predicted to have a good future, but in the end they don't achieve anything for years. on the other hand there are also altcoins that we don't predict to achieve something in the future, they can actually reach higher prices.
There is no guarantee of that, maybe one option is to choose a coin that is in the top 10, yes it can be one of the choices if we want to invest in altcoins.
I myself prefer to invest in alcoins for a short time to take profits, after that I can use the profits to invest in bitcoin.
Well that is a wiser course of action. Because I also do that. But I personally still have a medium term investment in altcoins. But I only buy when a big event is about to happen. Like Avax, where the fundamental news has clearly spread and also received confirmation. So when the price was still around 13 USD I entered and even now I'm still holding it. Apart from Avax, I also have other collections.
But mostly I only buy altcoins according to the trending season. And I always sell it immediately when I have a profit.
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How do you know an altcoin will be good for HODLing?
Honestly, I don't know how to know which coins are good to hold, so far I have only held the top coins, most new coins from bounties and airdrops were not bought with my money.
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
for me personally. not play for a yearly period for profit, but in % for profit if I have made a profit I will release my coins and buy them again when the price drops around 50% of the profit I made
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I don't know how to know which coins are good to hold
you can choose the top coins in the big market, in Binance there are many potential coins with the largest community
one thing that the Binance team also gave the warning to the members which are the coins with high volatility. so you easy to hold good coins there
when the price drops around 50% of the profit I made
maybe you need wait to bearish season to buy -50% of the price, I prefer to buy little by little and sell again at the right time
holding altcoins when the bullish season is the best way to gain more profitable
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I think in order to be willing to HOLD a token for a few months to a few years, investors need to conduct fundamental analysis to predict the long-term growth potential of that project: how big that field will be in the future, how many % of market share will the project capture, how much $B the total capitalization can reach. Without a well-founded belief, HOLDing a token is very difficult!
Exactly HODLing a token is very difficult and dangerous maybe :D ,is it even advisable to hold a token for a year?? and also, almost all altcoins has their purpose and most of them get dumped after the purpose has been served so your holding should based on a proper knowledge and understanding of the purpose of such a token and I guess it's FA:)
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I don't find it right to hodl altcoins... Of course, major altcoins are generally reliable, but we all know the recent performance of EOS and LTC, which were once seen as major altcoins, or we all know the performance of XRP in the last bull season. None of these coins reached their ATH levels in the last bull season. Of course, I would like to say that I consider Ethereum in a separate category from other altcoins, but I look at it as a profit-oriented rather than a long-term investment tool. I'm a bit pessimistic about it...
Altcoins are good investment though, people hold them not because they really want to, if Bitcoin can give them that protection and at the same time give them huge profits, they will only hold Bitcoin in their wallet but it is not. This is why many people like altcoins simply because of the profits but the challenge of the risk is what I fear the most in altcoins.
XRP was the big gem in 2023 because they won the battle against SEC about been a security but the court grant them "not guilty" and they won the case which lead to the rise of the coin, beyond that now there is no any benefit that I'm seeing coming.
Litecoin on the hand was influence because of it's halving that happened but didn't gain a lot traction like Bitcoin use to do and now it's acting like it might not go anywhere again but maybe with Bitcoin growth it will. I just think later 1 and layer 2 coins are still worth holding for now.
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How do you know an altcoin will be good for HODLing?
I start by knowing their launch date, their high and low price, the teams behind it, their roadmap, their circulating supply, and how much was raised from investors.
Knowing about these mentioned factors would help me to know whether I am to invest in the altcoin, and at what price.
I mostly prefer coins that have stayed in the crypto space for 6 months and above, to know when how profitable they will be in the future(for short term purposes anyway).
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Currently, I am not hodling much. It is only bitcoin that I am hodling patiently, waiting for the bull run to take effect so that I can sell some part of it and hodl the rest for many years even I am going to buy some during the bearish market
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
There are risks HODLing altcoins, especially those altcoins that launched in the last three years, the market share for altcoins is very competitive, it used to be if you were going to launch a new chain, investors would support it, and it is easy to attract and launch a community, it's different now, there are so many chains competing so if you're going to HODLing altcoins be sure to follow its development.
If the developers are capable and have the motivation to complete the roadmap, so many developers left the project after they made a fortune on their project, so be quick to dump if you see the developers have no intention to pursue the project.
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With so many altcoins, it is a challenge for us because it will confuse us. Many atcoins are predicted to have a good future, but in the end they don't achieve anything for years. on the other hand there are also altcoins that we don't predict to achieve something in the future, they can actually reach higher prices.
There is no guarantee of that, maybe one option is to choose a coin that is in the top 10, yes it can be one of the choices if we want to invest in altcoins.
I myself prefer to invest in alcoins for a short time to take profits, after that I can use the profits to invest in bitcoin.
Well that is a wiser course of action. Because I also do that. But I personally still have a medium term investment in altcoins. But I only buy when a big event is about to happen. Like Avax, where the fundamental news has clearly spread and also received confirmation. So when the price was still around 13 USD I entered and even now I'm still holding it. Apart from Avax, I also have other collections.
But mostly I only buy altcoins according to the trending season. And I always sell it immediately when I have a profit.
Well true, fundamentals are one that can be used as a basis for buying altcoins, usually fundamentals are very influential on the existence of altcoins that will increase in the future. I also do the same thing about this.
I think almost everyone does that, but we also don't get carried away by emotions and don't want to be left behind. For example, when the price has risen and reached ATH we have to consider everything because in my opinion it is part of FOMO. Because if we do that maybe we should hold it longer, because by the time other people have already taken profits, we are late and just entered the market.
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With so many altcoins, it is a challenge for us because it will confuse us. Many atcoins are predicted to have a good future, but in the end they don't achieve anything for years. on the other hand there are also altcoins that we don't predict to achieve something in the future, they can actually reach higher prices.
There is no guarantee of that, maybe one option is to choose a coin that is in the top 10, yes it can be one of the choices if we want to invest in altcoins.
I myself prefer to invest in alcoins for a short time to take profits, after that I can use the profits to invest in bitcoin.
Well that is a wiser course of action. Because I also do that. But I personally still have a medium term investment in altcoins. But I only buy when a big event is about to happen. Like Avax, where the fundamental news has clearly spread and also received confirmation. So when the price was still around 13 USD I entered and even now I'm still holding it. Apart from Avax, I also have other collections.
But mostly I only buy altcoins according to the trending season. And I always sell it immediately when I have a profit.
Well true, fundamentals are one that can be used as a basis for buying altcoins, usually fundamentals are very influential on the existence of altcoins that will increase in the future. I also do the same thing about this.
I think almost everyone does that, but we also don't get carried away by emotions and don't want to be left behind. For example, when the price has risen and reached ATH we have to consider everything because in my opinion it is part of FOMO. Because if we do that maybe we should hold it longer, because by the time other people have already taken profits, we are late and just entered the market.
Well, it's true that this is what we need to be most aware of and what we must avoid, namely FOMO. Maybe those who are experienced in trading altcoins will not fall into the FOMO trap. But for beginners, sometimes they are still influenced by hype and become afraid of missing out so they enter when prices are high.
Emotional control or emotional management is important in crypto trading. Because without good emotional management, sometimes a trader can experience large losses. Because the indicators of fear and greed will be difficult for them to understand, which will result in them having difficulty determining when to enter and when to exit.
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I don't find it right to hodl altcoins... Of course, major altcoins are generally reliable,
You mean major altcoins are generally shitcoins, right? because I don't think major altcoins are reliable. in CoinMarketcap there are around 8700 Coins/Tokens listed. and only 200 or a maximum of 300 of them can be considered Good altcoins. Rest of them all are shitcoins and not worth Holding.
You can only use them for trading short term if there is any good signals, or you can earn them from bounty or airdrops programs and sell them whenever you get a chance.
If anyone looking for a good altcoin for holding long term then he should consider an altcoin within top 100 list. or just stick with Bitcoin. which is best option for holding.
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I don't find it right to hodl altcoins... Of course, major altcoins are generally reliable,
You mean major altcoins are generally shitcoins, right? because I don't think major altcoins are reliable. in CoinMarketcap there are around 8700 Coins/Tokens listed. and only 200 or a maximum of 300 of them can be considered Good altcoins. Rest of them all are shitcoins and not worth Holding.
You can only use them for trading short term if there is any good signals, or you can earn them from bounty or airdrops programs and sell them whenever you get a chance.
If anyone looking for a good altcoin for holding long term then he should consider an altcoin within top 100 list. or just stick with Bitcoin. which is best option for holding.
Can you identify which top altcoins you say can give us profit in a short period? I can say that most of the altcoins are shitcoins. Is that also among the 300 that you are talking about? Do you have that list? Why don't you give the names of the coins so that somehow we can help other crypto communities here so they can get a profit?
As many say that the rest of the altcoins are shitcoins when you hold many cryptocurrencies that you say are shitcoins, Maybe the other one you hold is years old but has no value, but at least you are hoping that one day it might suddenly give you a profit. Whether you admit it or not, whether it's a shitcoin or not, it still can't make a profit. In short, all cryptos can make a profit for us; it just depends on what we do.
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Well true, fundamentals are one that can be used as a basis for buying altcoins, usually fundamentals are very influential on the existence of altcoins that will increase in the future. I also do the same thing about this.
I think almost everyone does that, but we also don't get carried away by emotions and don't want to be left behind. For example, when the price has risen and reached ATH we have to consider everything because in my opinion it is part of FOMO. Because if we do that maybe we should hold it longer, because by the time other people have already taken profits, we are late and just entered the market.
Well, it's true that this is what we need to be most aware of and what we must avoid, namely FOMO. Maybe those who are experienced in trading altcoins will not fall into the FOMO trap. But for beginners, sometimes they are still influenced by hype and become afraid of missing out so they enter when prices are high.
Emotional control or emotional management is important in crypto trading. Because without good emotional management, sometimes a trader can experience large losses. Because the indicators of fear and greed will be difficult for them to understand, which will result in them having difficulty determining when to enter and when to exit.
People will do 2 things in an investment in altcoins, the first they will do FUD so that many people are afraid and the second they will exaggerate the news so that many people get FOMO.
Doing the second is none other than because they have entered early, they want prices to skyrocket because many people are affected by FOMO and when it works then they will take advantage.
Usually those who do this are people who are already a community and their movements are organized, because if they succeed they will get a lot of benefits.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
1. I will choose the altcoins that have strong fundamentals and the progress of the altcoins are clear enough. If we want to safe choosing the altcoins, we can choose the top 50 altcoins. I think most top 50 coins are good coins, they already trusted enough.
2. I usually hold for 4 years. I follow the 4 years cycle to take profits. Now, I am holding some crypto coins since 2022, I bough many coins at that time. I set the target to sell in 2024-2025.
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1. I will choose the altcoins that have strong fundamentals and the progress of the altcoins are clear enough. If we want to safe choosing the altcoins, we can choose the top 50 altcoins. I think most top 50 coins are good coins, they already trusted enough.
2. I usually hold for 4 years. I follow the 4 years cycle to take profits. Now, I am holding some crypto coins since 2022, I bough many coins at that time. I set the target to sell in 2024-2025.
The top 50 altcoins are a very wide selection. I prefer to choose altcoins in the top 10–20 on Coinmarketcap so that, in that way, I can minimize risks that might occur at any time. The large number of altcoins in circulation makes traders confused, but this problem can be overcome well when you know the important points that can give altcoins high prices.
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The top 50 altcoins are a very wide selection. I prefer to choose altcoins in the top 10–20 on Coinmarketcap so that, in that way, I can minimize risks that might occur at any time. The large number of altcoins in circulation makes traders confused, but this problem can be overcome well when you know the important points that can give altcoins high prices.
trading Top 10-20 coins is good.
Those coins are more stable than top 50 coins.
Although not stability in crypto currency market.
TBH, I prefer used bitcoin, Ethereum, BNB, SOL and DOT
I like to choose coins which have high volume.
Always learn about the coins and the character.
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- How do you know an altcoin will be good for HODLing?
if it is about holding alt coins, then I would immediately think about top coins. not referring to new coins even though they are very famous and have gone up a lot recently. because the goal is for holding, I will choose the top coin and have a high market cap as well as strong use cases and fundamental points.
Absolutely yes, I think top coins for hold.
Bitcoin , Ethereum, BNB, Solana, Ripple, DOT, Cardano, Avax.
The coins that I mentioned are very potential and popular.
Don't invest or hold in meme coins.
As many people said meme coins are just hype and FOMO.
Not suitable for long term investment.
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I think If we want to hold the top coins, maybe hold for two or three years.
Because ATH will always happen every four years.
So, buy when bearish the hold for 2-3 years.[/list][/list][/list][/list]
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How do you know an altcoin will be good for HODLing?
Mostly, I analyze the fundamentals of the altcoins. I only invest in the altcoins that have strong fundamentals. And I usually choose the top 50 altcoins for my long term holding. I rarely invest in new altcoins because most new altcoins aren't trustable. Many of them are scams and failed projects.
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I usually hold for 4 years. It is because we have 4 years cycle of bullish-bearish. I buy the crypto coins during the bearish season, then I will take profits in the bullrun/bullish season. I repeat my investment every 4 years, I think this is the safe target to take in the crypto assets.
- It's a pity that during the bearish season, I didn't buy the top altcoins in the market to accumulate them. I only started last year because I also have expenses that must be prioritized. Then, when I have enough, I can buy altcoins little by little through DCA, as most long-term holders do.
Right now some of my cryptocurrency holdings are Matic, Shib, Bonk, Arb, Bnb, and Qtum, and I won't say the others that I hold as long as all my crypto holdings are top-listed altcoins.
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I know that hodling have no liquidations, and it's far better than trading in terms of risk, but I think buying a coin without enough knowledge to hodl is not a good idea since there are lot of investors who put their investments into sleep because the price went below their buying price, and it's true to year 2021. Lot of investors who bought at the peak where they thought that price will continue to increase, but the price went in the opposite direction. So if you have enough knowledge, you could minimize the risks of being one of them.
You can invest on top altcoin without good knowledge about crypto or altcoins. top altcoins means Ethereum, Binance Coin, Solana, TRON, etc...those altcoins are already very popular and enough to generate good profit for long term investment. you must have to invest for long term to get a good amount of profit but if you are panic seller then you will instead of profit
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trading Top 10-20 coins is good.
Those coins are more stable than top 50 coins.
Although not stability in crypto currency market.
TBH, I prefer used bitcoin, Ethereum, BNB, SOL and DOT
I like to choose coins which have high volume.
Always learn about the coins and the character.
In my opinion, trading in the order of coins 10–20 will be very risky, and there is no guarantee of profit. It will only make you depressed because the capital you have is divided among the many altcoins in circulation. It is better for you to buy coins in order 5–10, and after that, you can save or wait until the price goes up. Usually, this doesn't require a long process. Bitcoin, Ethereum, and BNB still remain my best choices.
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In my opinion, trading in the order of coins 10–20 will be very risky, and there is no guarantee of profit. It will only make you depressed because the capital you have is divided among the many altcoins in circulation. It is better for you to buy coins in order 5–10, and after that, you can save or wait until the price goes up. Usually, this doesn't require a long process. Bitcoin, Ethereum, and BNB still remain my best choices.
Yeah good opinion, trading in top 10 coins is better.
I have used bitcoin , Ethereum, BNB, ripple and Solana.
But BTC, ETH, BNB are my favourite coins for trading.
Trading always has risks, if we want to do in low risk, we can be a holder.
But it requires a long time and free funds.
People say cold money.
I do both, trading and holding.
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I know that hodling have no liquidations, and it's far better than trading in terms of risk, but I think buying a coin without enough knowledge to hodl is not a good idea since there are lot of investors who put their investments into sleep because the price went below their buying price, and it's true to year 2021. Lot of investors who bought at the peak where they thought that price will continue to increase, but the price went in the opposite direction. So if you have enough knowledge, you could minimize the risks of being one of them.
You can invest on top altcoin without good knowledge about crypto or altcoins. top altcoins means Ethereum, Binance Coin, Solana, TRON, etc...those altcoins are already very popular and enough to generate good profit for long term investment. you must have to invest for long term to get a good amount of profit but if you are panic seller then you will instead of profit
Investing in long term is good because even the price fluctuates, at the end of the day you can still generate good profit, this is good if you only have a little amount of knowledge. But if you have enough knowledge, especially if you're good in trading, short term investment is good because you can maximize your profit since you can take advantage of the retracement of the price in the market. No cryptocurrency in the market that always make an upward move without retracement, there's always a retracement.
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- There is nothing wrong if we hold altcoins, as long as you are sure about the coins you hold. It is said that it is better to put eggs in different baskets. Just don't forget to always do your research. And let's do it as investors who are willing to afford to lose.
But it's still better to hold long-term and also do short-term to earn a profit so that we have passive income at least, right? And besides, many people are doing this in the crypto industry in this field.
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Investing in long term is good because even the price fluctuates, at the end of the day you can still generate good profit, this is good if you only have a little amount of knowledge. But if you have enough knowledge, especially if you're good in trading, short term investment is good because you can maximize your profit since you can take advantage of the retracement of the price in the market. No cryptocurrency in the market that always make an upward move without retracement, there's always a retracement.
We are talking about future event here and the devs won't tell you the time their token will pump if its a very shitty one so it just requires being active but can one be active all the time?? Nope and this is why you need to invest in what is solid . I'm not saying don't invest in altcoins but know the ones you will dive in if they are really worth your time, money and efforts
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- There is nothing wrong if we hold altcoins, as long as you are sure about the coins you hold. It is said that it is better to put eggs in different baskets. Just don't forget to always do your research. And let's do it as investors who are willing to afford to lose.
But it's still better to hold long-term and also do short-term to earn a profit so that we have passive income at least, right? And besides, many people are doing this in the crypto industry in this field.
Yep. you are right. we should always do research
If we HODLing Bitcoin, it's 100% right, no more questions.
But if we talk about Altcoins, the question is not whether it is right or wrong but what Altcoins we hold.
Putting eggs in different baskets is good, but first, make sure that the eggs we put in the basket are of good quality.
Long-term or short-term is just a strategy. It all depends on the investment goals of each investor.
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Yep. you are right. we should always do research
If we HODLing Bitcoin, it's 100% right, no more questions.
But if we talk about Altcoins, the question is not whether it is right or wrong but what Altcoins we hold.
Putting eggs in different baskets is good, but first, make sure that the eggs we put in the basket are of good quality.
No doubt that research is a must to do before we decide to invest in any coin. Even if we invest in Bitcoin, we must do a research, at least doing a research to know the time for buying and selling. Although Bitcoin is safe to invest for a long time, it won't be true to invest without knowing the price history. Meanwhile for altcoins, all of them are very risky. We must find out which altcoins have bigger potential. And kindly avoid to invest in altcoins with bad news.
Yes, diversify our assets is better. We can invest in Bitcoin and some trusted altcoins.
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In my opinion, trading in the order of coins 10–20 will be very risky, and there is no guarantee of profit. It will only make you depressed because the capital you have is divided among the many altcoins in circulation. It is better for you to buy coins in order 5–10, and after that, you can save or wait until the price goes up. Usually, this doesn't require a long process. Bitcoin, Ethereum, and BNB still remain my best choices.
Yeah good opinion, trading in top 10 coins is better.
I have used bitcoin , Ethereum, BNB, ripple and Solana.
But BTC, ETH, BNB are my favourite coins for trading.
Trading always has risks, if we want to do in low risk, we can be a holder.
But it requires a long time and free funds.
People say cold money.
I do both, trading and holding.
Here OP probably discussed about holding ALT coins and by hold we mean holding coins for a long period of time. Bitcoin is always the best for holding coins for long term but there are some ALT coins outside of Bitcoin that an investor can hold on to if desired. When it comes to holding ALT coins I always trust BNB Ethereum Matic these three coins. You may have mentioned some other coins that are good enough to hold but to me these three coins seem to be the safest among ALT coins.
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Here OP probably discussed about holding ALT coins and by hold we mean holding coins for a long period of time. Bitcoin is always the best for holding coins for long term but there are some ALT coins outside of Bitcoin that an investor can hold on to if desired. When it comes to holding ALT coins I always trust BNB Ethereum Matic these three coins. You may have mentioned some other coins that are good enough to hold but to me these three coins seem to be the safest among ALT coins.
I think ALT tokens are more like altcoins in general because the price movements depend on developments in this forum. When many people use this forum, it will provide price movements for ALT. It is better to trust BNB or Ethereum, which have very useful products for many people, and perhaps the risk level is smaller than ALT.
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Here OP probably discussed about holding ALT coins and by hold we mean holding coins for a long period of time. Bitcoin is always the best for holding coins for long term but there are some ALT coins outside of Bitcoin that an investor can hold on to if desired. When it comes to holding ALT coins I always trust BNB Ethereum Matic these three coins. You may have mentioned some other coins that are good enough to hold but to me these three coins seem to be the safest among ALT coins.
I think ALT tokens are more like altcoins in general because the price movements depend on developments in this forum. When many people use this forum, it will provide price movements for ALT. It is better to trust BNB or Ethereum, which have very useful products for many people, and perhaps the risk level is smaller than ALT.
As you already know, BNB and Ethereum have products that are very useful for many people and have smaller risks. The teams owned by these two large platforms are also very experienced and have full support from Binance, which definitely provides higher security. Both have a network. There are different blockchains, and of course, they are always developing to be better.
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Investing in long term is good because even the price fluctuates, at the end of the day you can still generate good profit, this is good if you only have a little amount of knowledge. But if you have enough knowledge, especially if you're good in trading, short term investment is good because you can maximize your profit since you can take advantage of the retracement of the price in the market. No cryptocurrency in the market that always make an upward move without retracement, there's always a retracement.
The prices must fluctuate, that's the reason we get profits. If the prices don't fluctuate, we can get profits.
Yes, it is no problem to learn trading and we can begin trading if we have knowledge. Although many people don't suggest trading, everyone has the right to trade. I am sure many people will do holding and trading at the same time. Indeed, it can optimize the chance of bigger profits.
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Well I will still say everything Is trading but we have different choice of trading which is either holding or the normal trade and as you've said no one is limited to trading so far you understand you and only you will suffer any incurred loss NMW.
Thus, either you choose normal trade or trade inform of investment there's still a risk attached
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The prices must fluctuate, that's the reason we get profits. If the prices don't fluctuate, we can get profits.
Yes, it is no problem to learn trading and we can begin trading if we have knowledge. Although many people don't suggest trading, everyone has the right to trade. I am sure many people will do holding and trading at the same time. Indeed, it can optimize the chance of bigger profits.
That is what causes trading to be the right place to make money easily because it only takes advantage of price movements that exist on the exchange, whereas what will influence price movements is only through the news circulating so that the rise and fall of cryptocurrency prices will be fast and will provide a lot of benefits. Good luck to those who can ride its wave.
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That is what causes trading to be the right place to make money easily because it only takes advantage of price movements that exist on the exchange, whereas what will influence price movements is only through the news circulating so that the rise and fall of cryptocurrency prices will be fast and will provide a lot of benefits. Good luck to those who can ride its wave.
Trading is good way to gain profit whic we can make mone from price movements.
We should can take advantage of volatility of crypto, especially maybe use bitcoin and Ethereum.
Several friends also use BNB for their trading.
But trading is not easy.
We should have good analysis, skill , and monitor the trend market.
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No doubt that research is a must to do before we decide to invest in any coin. Even if we invest in Bitcoin, we must do a research, at least doing a research to know the time for buying and selling. Although Bitcoin is safe to invest for a long time, it won't be true to invest without knowing the price history. Meanwhile for altcoins, all of them are very risky. We must find out which altcoins have bigger potential. And kindly avoid to invest in altcoins with bad news.
Thanks. Good advice :)
Investment is a game for adults, not a kid. There are always risks that we have to bear in every decision.
The bigger the money we invest, the bigger the risk we have to bear.
Crypto is an investment asset that has the highest risk compared to other investment assets but can also provide a high profit. High-risk, high return
Keep reading, learning, and updating the news. Stay safe, guys...
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Newbies are not usually advised to go into trading while they don't have proper knowledge yet about cryptocurrencies. Before anyone can start trading, they must have good knowledge about cryptocurrencies, liquidity, volatility, security risks and precautions, and lastly, fund management.
A trader who doesn't have good knowledge about the volatility of so many alt coins can just invest in any kind of random coin and get liquidated instantly. Some newbies don't know about the term liquidation. If a trader doesn't even know the meaning of some trading terms and words, how can they perform very well in trading?
Another thing I want to talk about is the way some newbies ingage in trading all kinds of coin pairs; they don't only relay on two or three pairs, but you will see them jumping from one pair to another. For example, some traders only trade Bitcoin/USDT and ETH/USDT and make a profit, while others trade different pairs every day and run into losses.
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Newbies are not usually advised to go into trading while they don't have proper knowledge yet about cryptocurrencies. Before anyone can start trading, they must have good knowledge about cryptocurrencies, liquidity, volatility, security risks and precautions, and lastly, fund management.
Because, it's really, Trading is very risky and not every newbie is suitable to do the activity, with the high risk. But the problem is that many newbies are interested to do trading, moreover with future because they are seeing other people who are doing future trading can gain very big profits. This is a big problem actually for the newbies itself because they don't learn at first, only expect and think about high profits, without understanding its risk. This is bad to know this fact. Hopefully there are many more newbies that understand about this basic concept of trading and will go for trading if they are really able to do and ready to do. And this is exactly much better for newbies to do investment, moroever in the Bitcoin.
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Newbies are not usually advised to go into trading while they don't have proper knowledge yet about cryptocurrencies. Before anyone can start trading, they must have good knowledge about cryptocurrencies, liquidity, volatility, security risks and precautions, and lastly, fund management.
A trader who doesn't have good knowledge about the volatility of so many alt coins can just invest in any kind of random coin and get liquidated instantly. Some newbies don't know about the term liquidation. If a trader doesn't even know the meaning of some trading terms and words, how can they perform very well in trading?
Agree. Newbies must have knowledge about trading and crypto first before they start to trade. It is a must to do, they will have no idea about trading in a proper way without knowledge. Sure, they will get difficulties if they don't have knowledge, it will be hard to deal with the market volatility and trends in crypto market.
Newbies must focus on learning, they must avoid to invest as well. Investing in crypto coins also need good knowledge. It is impossible to succeed in trading or investing without knowledge.
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Users who do not have experience and knowledge about trading must be at a disadvantage if they go to trade. Before starting a trading business a user needs to gain experience about the crypto market and the volatility in the market and when the market is pumping and dumping. Moreover, one should always start a business with caution and never start training without sufficient funds. However, it is always risky for a user to start trading in altcoins with the expectation of high profit. Both holding and trading are risky in altcoins but holding bitcoins can be profitable, while in altcoins it can lose money at any time.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
1. A bit of research, a bit of knowledge towards the project, a little bit of instinct, and a little bit of luck. :D Seriously, I've been investing into altcoins for a long time already, and excluding meme coins (because they are simply shitcoins), all of the altcoins that I invested with ends up giving me some small to huge profits. I mean ALL. My strategy? Don't sell at a loss. :D If you need to hold it for years, and as long as you trust the project then do it. :). Kind of funny, but that worked pretty fine with me.
2. It depends. My strategy is that, I will always sell all of my altcoins during the bull run, so sometimes, I hold an altcoin for a year, sometimes in 2 or 3 years. Which coins am I holding? ATOM, TIA, and SUI composes a huge portion of my altcoin portfolio, and the others are just a small fraction (around 3-5%).
Overall, holding altcoins is very exciting because it's more volatile compare to Bitcoin. It will be more exciting if you will be holding altcoins that are at at least at the bottom 100. Of course always do your research before investing because anytime, these altcoins can just go down in price, and you might end up at a loss.
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It is true that holding altcoins can bring more benefits, but the risks are much higher. Altcoins have the potential to get wiped out of the market very easily and siphon off many investors' money. So I'm basically more confident to invest in Bitcoins because the chances of getting wiped out from the market are very low. FTX, LUNA and many other platforms are completely destroyed from the market so I invest small amount of money for fear of losing money. And have invested more money in Bitcoin from which I am ready to get huge benefits. "Bitcoin is supreme" for long-term holdings, and Ethereum naturally has to do.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
1. A bit of research, a bit of knowledge towards the project, a little bit of instinct, and a little bit of luck. :D Seriously, I've been investing into altcoins for a long time already, and excluding meme coins (because they are simply shitcoins), all of the altcoins that I invested with ends up giving me some small to huge profits. I mean ALL. My strategy? Don't sell at a loss. :D If you need to hold it for years, and as long as you trust the project then do it. :). Kind of funny, but that worked pretty fine with me.
2. It depends. My strategy is that, I will always sell all of my altcoins during the bull run, so sometimes, I hold an altcoin for a year, sometimes in 2 or 3 years. Which coins am I holding? ATOM, TIA, and SUI composes a huge portion of my altcoin portfolio, and the others are just a small fraction (around 3-5%).
Overall, holding altcoins is very exciting because it's more volatile compare to Bitcoin. It will be more exciting if you will be holding altcoins that are at at least at the bottom 100. Of course always do your research before investing because anytime, these altcoins can just go down in price, and you might end up at a loss.
- You're not the only one doing what you're doing mate, there are many of us here who don't just rely on just one asset in the crypto space to make a profit. Because we believe that it is not enough to put eggs in one basket.
That's why what we do is we save a lot of eggs and hide them in different baskets because everything we can see that will make a profit we will invest here whether short or long-term.
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Newbies are not usually advised to go into trading while they don't have proper knowledge yet about cryptocurrencies. Before anyone can start trading, they must have good knowledge about cryptocurrencies, liquidity, volatility, security risks and precautions, and lastly, fund management.
A trader who doesn't have good knowledge about the volatility of so many alt coins can just invest in any kind of random coin and get liquidated instantly. Some newbies don't know about the term liquidation. If a trader doesn't even know the meaning of some trading terms and words, how can they perform very well in trading?
Agree. Newbies must have knowledge about trading and crypto first before they start to trade. It is a must to do, they will have no idea about trading in a proper way without knowledge. Sure, they will get difficulties if they don't have knowledge, it will be hard to deal with the market volatility and trends in crypto market.
Newbies must focus on learning, they must avoid to invest as well. Investing in crypto coins also need good knowledge. It is impossible to succeed in trading or investing without knowledge.
That's right, in starting a business like investing in cryptocurrencies you have to have a lot of knowledge and have a lot of information about crypto... for beginners they have to find out how to become a professional investor and also have time to monitor market movements even they have to communicate with many people about crypto trading...
If they have done all that, I'm sure they will slowly find out how to get a lot of profit from what they invest
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When choosing altcoins for HODLing, I tend to stick to established and widely recognized projects, such as Ethereum ,Solana, DOT, LINK. They have a strong technological innovation potential.These projects have strong fundamentals and support in the community.It is important to highlight that altcoins are generally riskier and subject to greater volatility than Bitcoin and other major cryptocurrencies.Altcoins for holding, which I personally always consider from the top 20 CMC, then the coins are more risky, I’m not always sure about them.
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Having a certain strong one that you hold for a long time is not really that bad, its actually a good idea, I think it would actually be a nice thing for people, I do support that. However, it also means that we are looking into "all" altcoins in this discussion and I can say that %99 of them are shit, and they are not worth holding. Remember, when you think of alts yourself, you think of maybe five, if lucky ten names, not 150, and we have tens of thousands of them out there in the world. So it is clear that you have to make a correct choice, it would not be smart to make a move that would not be a solid high level one.
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My Altcoins experience didn't have a very strong influence on my mind because when I got altcoins for free I immediately sold them.
Maybe in the past on altcoinstalks there were also some bounties that paid with altcoins and now there are still those, but when I got the tokens I immediately sold them.
I don't have a good experience holding altcoins because I have a very busy real job and have a wife at home and need a lot of living expenses to survive in this real world. Maybe it will feel different for those who are not married and don't have a wife.
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I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
You are not the only one with this curiousity and one thing that really marvelled me was when one of my friend actually clear me about a fact which was the fact that Bitcoin itself started like every altcoin out there with little or no value at all and it grew overtime as people start buying and using it so there is every tendency that a particular altcoins can replicate such but I made him understand one important difference between the two coins, which I told him that the decentralization of Bitcoin is what made it unique and special because the government can actually just hod anyone response and forced them to do their biddings.
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My Altcoins experience didn't have a very strong influence on my mind because when I got altcoins for free I immediately sold them.
Maybe in the past on altcoinstalks there were also some bounties that paid with altcoins and now there are still those, but when I got the tokens I immediately sold them.
I don't have a good experience holding altcoins because I have a very busy real job and have a wife at home and need a lot of living expenses to survive in this real world. Maybe it will feel different for those who are not married and don't have a wife.
Hold reward from bounty is very risky. Because I see many bounty coins are worthless at the next several years. Why we must hold the altcoin from bounties. I think signature campaign which paid in BTC is better to hold than you hold altcoin from bounty. If we want hold altcoin, I suggest you hold top coins, not from bounty.
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My Altcoins experience didn't have a very strong influence on my mind because when I got altcoins for free I immediately sold them.
Maybe in the past on altcoinstalks there were also some bounties that paid with altcoins and now there are still those, but when I got the tokens I immediately sold them.
I don't have a good experience holding altcoins because I have a very busy real job and have a wife at home and need a lot of living expenses to survive in this real world. Maybe it will feel different for those who are not married and don't have a wife.
Hold reward from bounty is very risky. Because I see many bounty coins are worthless at the next several years. Why we must hold the altcoin from bounties. I think signature campaign which paid in BTC is better to hold than you hold altcoin from bounty. If we want hold altcoin, I suggest you hold top coins, not from bounty.
While there are some that eventually become valuable altcoins, there are not many of them. There is actually nothing wrong with holding altcoins from bounty results because we get them for free just by joining the campaign. But if we want to sell it then that's not wrong either.
I think it's better to sell it and then buy more valuable coins. Or if we believe altcoins from bounties can be very valuable coins, we can hold as much as 20% for example, for the other part we can sell, then buy bitcoin, or whatever we want.
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Users who do not have experience and knowledge about trading must be at a disadvantage if they go to trade. Before starting a trading business a user needs to gain experience about the crypto market and the volatility in the market and when the market is pumping and dumping. Moreover, one should always start a business with caution and never start training without sufficient funds. However, it is always risky for a user to start trading in altcoins with the expectation of high profit. Both holding and trading are risky in altcoins but holding bitcoins can be profitable, while in altcoins it can lose money at any time.
So true. That's why Bitcoin is much safer for beginners. Meanwhile, altcoins can sometimes be riskier for beginners. But one interesting thing is that beginners sometimes enter the world of crypto first by getting to know altcoins. Whether it's from an airdrop or something like that. Only then will he realize that Bitcoin is much safer than altcoins. But in crypto trading, even old crypto users sometimes are still not skilled at trading and the reason is usually not because they don't have analytical insight but usually because they still can't control their emotions in trading itself.
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My Altcoins experience didn't have a very strong influence on my mind because when I got altcoins for free I immediately sold them.
Maybe in the past on altcoinstalks there were also some bounties that paid with altcoins and now there are still those, but when I got the tokens I immediately sold them.
I don't have a good experience holding altcoins because I have a very busy real job and have a wife at home and need a lot of living expenses to survive in this real world. Maybe it will feel different for those who are not married and don't have a wife.
Hold reward from bounty is very risky. Because I see many bounty coins are worthless at the next several years. Why we must hold the altcoin from bounties. I think signature campaign which paid in BTC is better to hold than you hold altcoin from bounty. If we want hold altcoin, I suggest you hold top coins, not from bounty.
I think the same, when things are tried to be made better, because we are witnesses that they must be done so that we have the best possible in rewards, epro is as it says, if they pay the rewards we must do everything possible to take advantage of everything that is It is in our hands to change them at once and that it does not remain there until it expires, because it is very unpleasant to hodl to a token or a reward that at one time is worth I don't know about $50 and then at the same time you want to change it it is worth 5usd, that is something to be very angry about, we must always be very intelligent in the crypto world, we cannot miss opportunities.
To make the difference at all times we don't have to have a plan, if it's a signature reward or something like that, let's know about tokens, there's no need to think about it, you don't have to get too attached or even ask it hodl, I like this forum because they have very There are ptions to see the altcoins and how or what is the most Advisable thing to do with them or not and that I am very Pro-Bitcoin.
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Newbies are not usually advised to go into trading while they don't have proper knowledge yet about cryptocurrencies. Before anyone can start trading, they must have good knowledge about cryptocurrencies, liquidity, volatility, security risks and precautions, and lastly, fund management.
A trader who doesn't have good knowledge about the volatility of so many alt coins can just invest in any kind of random coin and get liquidated instantly. Some newbies don't know about the term liquidation. If a trader doesn't even know the meaning of some trading terms and words, how can they perform very well in trading?
Another thing I want to talk about is the way some newbies ingage in trading all kinds of coin pairs; they don't only relay on two or three pairs, but you will see them jumping from one pair to another. For example, some traders only trade Bitcoin/USDT and ETH/USDT and make a profit, while others trade different pairs every day and run into losses.
That's why a good suggestion for newbies is not to make hasty decisions when conducting trading in crypto businesses. It's hard to convince the newbies because they were just hyped without doing any research about cryptocurrency or Bitcoin.
Although all they know is that it is good to hold, they don't know if the coin they are holding has real potential or not, except for Bitcoin, which we know is proven and tested in this field.
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I don't hold altcoins. The only altcoin I have held for 2 years now is Shiba . And I didn't intentionally hold it. It is just that it crashed on me and I have been holding it right from the last bull run and I am currently in almost -80% losses. I cannot seem at lose and I just keep holding till the next bull run if something miraculous can happen.
The only altcoins that have the capacity to be held for long time is Ethereum and BNB. Others are yet to prove themselves.
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That's why a good suggestion for newbies is not to make hasty decisions when conducting trading in crypto businesses. It's hard to convince the newbies because they were just hyped without doing any research about cryptocurrency or Bitcoin.
Although all they know is that it is good to hold, they don't know if the coin they are holding has real potential or not, except for Bitcoin, which we know is proven and tested in this field.
The advice not to rush into crypto trading is especially important for beginners. Taking decisions without adequate research and knowledge can result in huge losses. Many beginners get hypnotized by the hype and potential for huge profits in crypto without understanding the risks. They just want to “hold” the coin without knowing whether it has potential or not.
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That's why a good suggestion for newbies is not to make hasty decisions when conducting trading in crypto businesses. It's hard to convince the newbies because they were just hyped without doing any research about cryptocurrency or Bitcoin.
Although all they know is that it is good to hold, they don't know if the coin they are holding has real potential or not, except for Bitcoin, which we know is proven and tested in this field.
The advice not to rush into crypto trading is especially important for beginners. Taking decisions without adequate research and knowledge can result in huge losses. Many beginners get hypnotized by the hype and potential for huge profits in crypto without understanding the risks. They just want to “hold” the coin without knowing whether it has potential or not.
Experience needs along time to gain it. So, It's nature for newbies if they just know hype of the coins. They didn't know about anything in crypto, they should learn about crypto, project, man behind the team.
I'm not a senior investor, At the beginning I started to learn about crypto and asked to other . For newbies, just hold top coins is good way to do. Don't buy because hype and FOMO
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Experience needs along time to gain it. So, It's nature for newbies if they just know hype of the coins. They didn't know about anything in crypto, they should learn about crypto, project, man behind the team.
I'm not a senior investor, At the beginning I started to learn about crypto and asked to other . For newbies, just hold top coins is good way to do. Don't buy because hype and FOMO
Hype and FOMO are one of the problems in the cryptocurrency world: many people have become victims of these two factors, and most of the victims are people who are new to cryptocurrencies.
We can't blame them, because I think the cause is the lack of knowledge they had at the time. But with experiences like that, they can learn more and try to deepen their knowledge on how to invest in this cryptocurrency.
Everything comes with experience, but it takes a long time to gain experience. And they may have to go through difficult times.
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We can't blame them, because I think the cause is the lack of knowledge they had at the time. But with experiences like that, they can learn more and try to deepen their knowledge on how to invest in this cryptocurrency.
Everything comes with experience, but it takes a long time to gain experience. And they may have to go through difficult times.
agreed, experience needs along time to gain. We can't blame newbies, maybe at the past when we come to crypto world we also just read about hype and FOMO, didn't know how to research and analysis the coins and projects.
I also agree with several opinions above, better to buy top coins if we don't have knowledge about crypto.
I also hold BTC, ETH, BNB, XRP, SOL and lately I bought DOT.
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I don't hold altcoins. The only altcoin I have held for 2 years now is Shiba . And I didn't intentionally hold it. It is just that it crashed on me and I have been holding it right from the last bull run and I am currently in almost -80% losses. I cannot seem at lose and I just keep holding till the next bull run if something miraculous can happen.
The only altcoins that have the capacity to be held for long time is Ethereum and BNB. Others are yet to prove themselves.
If you are holding an altcoin then the price of the altcoin you are holding experiences a price decline and also you are experiencing a very large loss of 80% in conditions like this it is better for you to hold it until you have no loss or gain.. holding the altcoin system is better short term than long term and we have to monitor it all the time so that if there is a price increase or vice versa you can take quick action.
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Experience needs along time to gain it. So, It's nature for newbies if they just know hype of the coins. They didn't know about anything in crypto, they should learn about crypto, project, man behind the team.
I'm not a senior investor, At the beginning I started to learn about crypto and asked to other . For newbies, just hold top coins is good way to do. Don't buy because hype and FOMO
Hype and FOMO are one of the problems in the cryptocurrency world: many people have become victims of these two factors, and most of the victims are people who are new to cryptocurrencies.
We can't blame them, because I think the cause is the lack of knowledge they had at the time. But with experiences like that, they can learn more and try to deepen their knowledge on how to invest in this cryptocurrency.
Everything comes with experience, but it takes a long time to gain experience. And they may have to go through difficult times.
If a beginner invests in crypto without much knowledge about the world of crypto, it will make him confused about investing and will even make him fall, that's why in investing we have to understand everything and also have to learn more or seek more knowledge. otherwise a beginner will reduce failure in his investment.
should we turn on crypto development? I don't think so, because that's the mistake of beginners who don't want to learn about crypto and the world of the crypto market.
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If you are a smart savvy investor then never invest in Altcoins. People who invest always invest in good coins and plan for long term. If you are an investor who invests in Altcoins then it will not be good for your money at all and you will always have the fear of losing your money. Altcoins are not for long term investment but you can invest in Bitcoin it will always give you financial stability and profit. Because investing in Bitcoin is not risky, but when you invest in Altcoins it will always be risky, so always invest with thought while investing.
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That's why a good suggestion for newbies is not to make hasty decisions when conducting trading in crypto businesses. It's hard to convince the newbies because they were just hyped without doing any research about cryptocurrency or Bitcoin.
Although all they know is that it is good to hold, they don't know if the coin they are holding has real potential or not, except for Bitcoin, which we know is proven and tested in this field.
The advice not to rush into crypto trading is especially important for beginners. Taking decisions without adequate research and knowledge can result in huge losses. Many beginners get hypnotized by the hype and potential for huge profits in crypto without understanding the risks. They just want to “hold” the coin without knowing whether it has potential or not.
Those experienced in crypto differ but there are many investors who are encouraged to invest in crypto only by advice from others or little knowledge. People who don't have the knowledge to judge how good or bad a project is can never expect anything good from crypto. If those investors choose to keep altcoins in their investments, it is entirely risky. Investing in altcoins can be profitable but in this case an investor must choose good coins. There are some altcoins in which the investor has a high chance of losing, while there are some in which the investor can get good returns over a long period of time. We know that Bitcoin is the best investment to invest in but investing in altcoins is also not bad for enough money and various reasons. Ether and BNB, XRP Ada these coins are reliable enough to invest.
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We can't blame them, because I think the cause is the lack of knowledge they had at the time. But with experiences like that, they can learn more and try to deepen their knowledge on how to invest in this cryptocurrency.
Everything comes with experience, but it takes a long time to gain experience. And they may have to go through difficult times.
agreed, experience needs along time to gain. We can't blame newbies, maybe at the past when we come to crypto world we also just read about hype and FOMO, didn't know how to research and analysis the coins and projects.
I also agree with several opinions above, better to buy top coins if we don't have knowledge about crypto.
I also hold BTC, ETH, BNB, XRP, SOL and lately I bought DOT.
Exactly, it is undeniable that many of us who have been in this crypto space for a long time may have started from the hype, how many coins exploded and became the attention of many people, which may have raised curiosity about what cryptocurrency is.
And it is not impossible that many of us who initially felt the loss at the beginning of crypto, but now can be much better. That is the result of experience and knowledge that continues to grow. with a note that we must also continue to update our knowledge over time.
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Exactly, it is undeniable that many of us who have been in this crypto space for a long time may have started from the hype, how many coins exploded and became the attention of many people, which may have raised curiosity about what cryptocurrency is.
And it is not impossible that many of us who initially felt the loss at the beginning of crypto, but now can be much better. That is the result of experience and knowledge that continues to grow. with a note that we must also continue to update our knowledge over time.
At first I got to know crypto from being a bounty hunter on the BTT forum, and heard the hype about the coin and I bought it. Thank God, I made a lot of profit.
But in the following years, I experienced losses due to wrong analysis and greed.
Knowledge and experience can be gained through loss. Quite annoying but I learned from it.
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Exactly, it is undeniable that many of us who have been in this crypto space for a long time may have started from the hype, how many coins exploded and became the attention of many people, which may have raised curiosity about what cryptocurrency is.
And it is not impossible that many of us who initially felt the loss at the beginning of crypto, but now can be much better. That is the result of experience and knowledge that continues to grow. with a note that we must also continue to update our knowledge over time.
At first I got to know crypto from being a bounty hunter on the BTT forum, and heard the hype about the coin and I bought it. Thank God, I made a lot of profit.
But in the following years, I experienced losses due to wrong analysis and greed.
Knowledge and experience can be gained through loss. Quite annoying but I learned from it.
Well, experiences like this will actually be very valuable for us. Don't let us think that only good experiences, but bad experiences will make us better. I believe that successful people are people who have experienced bad experiences which ultimately made them better for the future.
Your experience illustrates that you are a person who can learn from experience, and that is what is needed. I have also experienced the same thing, ignorance, greed are things that have not escaped my experience, and that makes me even better now.
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At first I got to know crypto from being a bounty hunter on the BTT forum, and heard the hype about the coin and I bought it. Thank God, I made a lot of profit.
But in the following years, I experienced losses due to wrong analysis and greed.
Knowledge and experience can be gained through loss. Quite annoying but I learned from it.
Unfortunately, currently there are no coins like that anymore, and many people are turning to airdrop because their targets are increasing due to very high community support. When the project that is being built starts to enter the airdrop community, it will provide many users. and, of course, improving developers to get users very quickly.
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- How do you know an altcoin will be good for HODLing?
For long term holding just hold top altcoins as every altcoins does not have the ability to fulfil your hopes. For getting success for altcoins don't forget to invest in Ethereum because Ethereum always shows more pump than any other altcoin and is one of the most trustable coin after bitcoin.
New projects has no surety because no one has any experience with such altcoins and many of them are created just for collection of money. New altcoins should be sell when they give you profit while top altcoins should be holded for longer time so keep searching about altcoins is needed whenever we choose it for longer term.
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For long term holding just hold top altcoins as every altcoins does not have the ability to fulfil your hopes. For getting success for altcoins don't forget to invest in Ethereum because Ethereum always shows more pump than any other altcoin and is one of the most trustable coin after bitcoin.
You are right, top coins are the safest and most profitable coins to hold for a long time, but bitcoin is number one, the best of crypto currency.
Ethereum is the second. You can choose other potential altcoins too, such as BNB, SOL and DOT.
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You are right, top coins are the safest and most profitable coins to hold for a long time, but bitcoin is number one, the best of crypto currency.
Ethereum is the second. You can choose other potential altcoins too, such as BNB, SOL and DOT.
Of the altcoins you mentioned, I prefer Ethereum, BNB, and SOL to buy and store because these three coins have strong support on exchanges and have products that are widely used in society, so they will provide quite good price movements and are very suitable for long-term storage.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Maybe or not no one can say about with guarantee what's is going happening in the future. For holding Bitcoin is the best but if you don't have large fund the invest on it with dca method for long-term. But in case of altcoin the one an only coin I would like to suggest that Etherium coin. I wouldn't mention the cex coins.
I am mentioning etherium coin and I can't gave the surety but I can say that if anyone wanna make big profit from these then he might wait 10 year at least. Like now bitcoin then will be the etherium.
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You are right, top coins are the safest and most profitable coins to hold for a long time, but bitcoin is number one, the best of crypto currency.
Ethereum is the second. You can choose other potential altcoins too, such as BNB, SOL and DOT.
There is no doubt that bitcoin is the top coin among all other crypto coins but if we talk about altcoins then Ethereum is the top coin among altcoins and is a second most successful coin after bitcoin.
Yes BNB, Solana and DOT are good choices for investment in altcoins and if we keep them for long term then we will have huge profit. I think it will be better if we choose bitcoin, Ethereum and some other less risky altcoins for investment so in such situations risk will be lower and profit will be higher but selection should be done with the help of sharp and active mind.
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You are right, top coins are the safest and most profitable coins to hold for a long time, but bitcoin is number one, the best of crypto currency.
Ethereum is the second. You can choose other potential altcoins too, such as BNB, SOL and DOT.
There is no doubt that bitcoin is the top coin among all other crypto coins but if we talk about altcoins then Ethereum is the top coin among altcoins and is a second most successful coin after bitcoin.
Yes BNB, Solana and DOT are good choices for investment in altcoins and if we keep them for long term then we will have huge profit. I think it will be better if we choose bitcoin, Ethereum and some other less risky altcoins for investment so in such situations risk will be lower and profit will be higher but selection should be done with the help of sharp and active mind.
That's right buddy, bitcoin and Ethereum are the best coin for hold long term. If other coins , sorry I still have doubt. But for short term maybe below 1 years we can buy BNB, Solana, Polkadot and LINK.
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You are right, top coins are the safest and most profitable coins to hold for a long time, but bitcoin is number one, the best of crypto currency.
Ethereum is the second. You can choose other potential altcoins too, such as BNB, SOL and DOT.
There is no doubt that bitcoin is the top coin among all other crypto coins but if we talk about altcoins then Ethereum is the top coin among altcoins and is a second most successful coin after bitcoin.
Yes BNB, Solana and DOT are good choices for investment in altcoins and if we keep them for long term then we will have huge profit. I think it will be better if we choose bitcoin, Ethereum and some other less risky altcoins for investment so in such situations risk will be lower and profit will be higher but selection should be done with the help of sharp and active mind.
That's right buddy, bitcoin and Ethereum are the best coin for hold long term. If other coins , sorry I still have doubt. But for short term maybe below 1 years we can buy BNB, Solana, Polkadot and LINK.
I've been very alert to the hio, in general Btc will always send the logical output because what does Bticoin mean, and the most reliable coin for me is ETH, but despite your predictions, what is your point of view of Monero? It is known that Monero is about privacy and many companies are currently having problems with KYC and their registrations in exchanges, in casinos and everything that has to do with identification, so Monero may be because its price is somewhat stable, it varies very little , but isn't it a safe currency? Because the moment they Begin to see this Currency as safe for transactions, they will begin to consider it as one of the best.
Then its price due to its use can grow, of course, this will happen at the time that the people get tired of giving so many identifications and begin to see the importance of the currency, and I think it is very logical, I don't know if I explain myself , But for me this currency has a lot of Survival Capacity.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Maybe or not no one can say about with guarantee what's is going happening in the future. For holding Bitcoin is the best but if you don't have large fund the invest on it with dca method for long-term. But in case of altcoin the one an only coin I would like to suggest that Etherium coin. I wouldn't mention the cex coins.
I am mentioning etherium coin and I can't gave the surety but I can say that if anyone wanna make big profit from these then he might wait 10 year at least. Like now bitcoin then will be the etherium.
Holding for how many years, this is what we have to think about. If you buy now to hold until next year's bullish season, we can choose topcoins such as Ethereum, BNB, XRP and Solana, this is still safe because it only holds for 1 year. but if it sticks in the long run, bitcoin is the best. And for altcoins I only recommend ethereum.
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Its not a bad thing to hodl altcoins, but we have to make a target towards the way we are making our holding, we cannot just afford holding without having a significant target or time frame to cover for the timing, holding is as good as when we are after a specific target, this will be our aim on profitability and how we can be more confident in it, we are also being careful of not missing out during our target period on time duration in other not to missed out the purpose for holding when we should have released.
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The advantage of altcoins is that they generally have greater utility than Bitcoin. The more utility a token has, the more likely it is to last longer. Why altcoins are better for your portfolio
Holding altcoins is very dangerous and risky, especially those altcoins that are very low in popularity rating and trading volume and liquidity are very low in the coinmarket. However, those coins that are very popular in the coin market and the trading volume is very high, and there is no problem with the liquid, investing in those altcoins is not risky, but any time those coins undergo a correction in the market with a big pumping. For example, in 2022, Solana had maxed out at $5, but currently the coin is pumping up to $120.
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Its not a bad thing to hodl altcoins, but we have to make a target towards the way we are making our holding, we cannot just afford holding without having a significant target or time frame to cover for the timing, holding is as good as when we are after a specific target, this will be our aim on profitability and how we can be more confident in it, we are also being careful of not missing out during our target period on time duration in other not to missed out the purpose for holding when we should have released.
That's right and usually Altcoins always have their own season. So we have to know when the altcoin season starts and ends. So that we can estimate when we can enter and when we have to get out. Holding altcoins like ETH and BNB for the long term for me can still be done. But for altcoins with a not so big ecosystem. And some seasonal altcoins such as AI, Game and other categories then I prefer to buy and keep it during the season only. Like if currently the AI narrative is still very warm then I can buy since before the narrative occurs and then I will sell when the narrative has formed a hype.
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For long term holding just hold top altcoins as every altcoins does not have the ability to fulfil your hopes. For getting success for altcoins don't forget to invest in Ethereum because Ethereum always shows more pump than any other altcoin and is one of the most trustable coin after bitcoin.
You are right, top coins are the safest and most profitable coins to hold for a long time, but bitcoin is number one, the best of crypto currency.
Ethereum is the second. You can choose other potential altcoins too, such as BNB, SOL and DOT.
That's right, and that's what I'm doing right now when I want to hold crypto for the long term. The risk is because when we base our investment on the top altcoins, for sure, the chances of us getting a profit on the coins are high.
To be honest, it's hard to take a risk on cryptos that aren't included in the top altcoins. That's why it's important to have knowledge when choosing potential altcoins that can give us future profit, even if they're still new in the cryptocurrency field.
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Holding altcoins is very dangerous and risky, especially those altcoins that are very low in popularity rating and trading volume and liquidity are very low in the coinmarket. However, those coins that are very popular in the coin market and the trading volume is very high, and there is no problem with the liquid, investing in those altcoins is not risky, but any time those coins undergo a correction in the market with a big pumping. For example, in 2022, Solana had maxed out at $5, but currently the coin is pumping up to $120.
If we are holding random altcoins, it may be very dangerous. But if we are holding top altcoins, I think it is quite safe. That's why we must focus on collecting top altcoins, those altcoins with good history. We can check the price movement, check the project development, and we check the current update of the project.
Solana has pumped very well, but it has a bad news lately. be careful to buy Solana!
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If we are holding random altcoins, it may be very dangerous. But if we are holding top altcoins, I think it is quite safe. That's why we must focus on collecting top altcoins, those altcoins with good history. We can check the price movement, check the project development, and we check the current update of the project.
Solana has pumped very well, but it has a bad news lately. be careful to buy Solana!
I agree with you, top coin is the best choice in investors in crypto. I only hold the top coin for the log term.
your suggestion about Solana, I agree. I have it but not much.
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Solana has pumped very well, but it has a bad news lately. be careful to buy Solana!
What bad news do you mean? Source?
And do you think this Bad news will significantly impact the price?
Sorry, I don't follow news about Solana very well. I would appreciate it if you could explain further.
And I think this information may be helpful for all members.
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Solana has pumped very well, but it has a bad news lately. be careful to buy Solana!
What bad news do you mean? Source?
And do you think this Bad news will significantly impact the price?
Sorry, I don't follow news about Solana very well. I would appreciate it if you could explain further.
And I think this information may be helpful for all members.
I heard Solana shut down their network. This is what makes bad rumors. but in my opinion Solana is a good coin, and still worth holding until bullish next year. Solana is now very popular, although not as popular as ethereum and BNB
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Altcoins are very risky to hold but Ethereum and BNB are comparatively less risky. So if you want to hold for a long time then you definitely can. Now is the best time to hold because the halving is in April 2024, so in the year after the halving, the price of Bitcoin and other Altcoins will increase the most. So investing now will definitely reap the benefits, so invest fast.
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Altcoins are very risky to hold but Ethereum and BNB are comparatively less risky. So if you want to hold for a long time then you definitely can. Now is the best time to hold because the halving is in April 2024, so in the year after the halving, the price of Bitcoin and other Altcoins will increase the most. So investing now will definitely reap the benefits, so invest fast.
It is better not to rely too much on most of the ALT coins in the market because over-reliance on these coins can cause you to lose money. However, although not all coins can be trusted, there are some coins in the market that can be trusted and can be invested in for a long time. You mentioned two of the best coins here where you tried to discuss BNB and Ethereum. These two coins are quite strong and investing in these two coins is much less risky. As there is relatively less risk involved in investing in these coins, those who are interested in investing in ALT coins can invest in these two coins for long term.
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I heard Solana shut down their network. This is what makes bad rumors. but in my opinion Solana is a good coin, and still worth holding until bullish next year. Solana is now very popular, although not as popular as ethereum and BNB
Hmm... This is not the first time the Solana blockchain has faced a network outage or downtime in block production.
Solana developers offer a scalable solution with faster transaction processing times and lower gas fees than Ethereum, but network-related issues persist.
Shut down and restart the network. They blew up the Mainnet many times. This is not good.
Thanks for sharing...
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Hmm... This is not the first time the Solana blockchain has faced a network outage or downtime in block production.
Solana developers offer a scalable solution with faster transaction processing times and lower gas fees than Ethereum, but network-related issues persist.
Shut down and restart the network. They blew up the Mainnet many times. This is not good.
Thanks for sharing...
Maybe Solana developers should start considering making the network always online so that there are no complaints about existing transactions. I think the simple or easy way is to use two of servers, when server one goes down you still have another one server that is functioning even though the performance is not as fast as when use both of servers simultaneously.
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- How do you know an altcoin will be good for HODLing?
Knowing an altcoin that will be good to hold is simple, it is just the same way you know that holding Ethereum and Solana is good, one major way to score a coin and qualify it for holding is in utility.
For utility is what tells if a coins will go far or die along the way in no distant time. Ethereum is good to hold because it has good utility, same also with solana, and some other major altcoins as well.
So, to choose a coin that will be good for holding, it is important to take a look at it's utility, or potential utility, and also check the team behind the project and be sure that they are very serious in developing the project, whch means that, it's not something they may likely abadon half way.
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Well, not all altcoins are meant to hold for long, but for the serious ones I find, I can hold an altcoin for as long as five years or even more, this completely depends on the team behind the project, their seriousness, dedication and commitment to the success of the project, and also the utility of the altcoin.
And one major altcoin I currently hold is Chainge (XCHNG), a very good and highly promising project.
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It is better not to rely too much on most of the ALT coins in the market because over-reliance on these coins can cause you to lose money. However, although not all coins can be trusted, there are some coins in the market that can be trusted and can be invested in for a long time. You mentioned two of the best coins here where you tried to discuss BNB and Ethereum. These two coins are quite strong and investing in these two coins is much less risky. As there is relatively less risk involved in investing in these coins, those who are interested in investing in ALT coins can invest in these two coins for long term.
Altcoins do have a very high risk and as you said, it is not good to use all capital only for altcoins. It is better to divide some capital into altcoins and the other part into the main coin, namely Bitcoin, Altcoins such as BNB and Ethereum are only used to grow If you own Bitcoin, you can get quite a lot of profit.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners. Just few days after new year this happened :Market dip hit crypto traders with over $650 million in long liquidations last week (https://www.theblock.co/post/227643/bitcoin-price-crypto-long-liquidation). This gives more reasons to avoid trading especially for beginners, since traders may usually fall into pump and dump Schemes and trading especially when trading Altcoins. Its advisable to HODL but the reason I made this post is about from the fact that, we know the surety of HODLing bitcoin, it can be HODL for over a decade but this is not true for most altcoins. Though I have 2 altcoins I can advice anyone to HODL which are Solona and Ethereum while I may have surety of HODLing altcoins for at most 2 years maybe with an exception of Ethereum which I may HODL longer.
I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
To know sn altcoin that will pumb first check it crypto community and the market analysis to determine the altcoin,most coin fail to pumb because of it weak community and user. However Ethereum is a good coin to invest on no doubt seeing the market analysis and research done by me Ethereum will pumb more X6 in the next 3 to 4 years.
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To know sn altcoin that will pumb first check it crypto community and the market analysis to determine the altcoin,most coin fail to pumb because of it weak community and user. However Ethereum is a good coin to invest on no doubt seeing the market analysis and research done by me Ethereum will pumb more X6 in the next 3 to 4 years.
Ethereum is a very legendary coin and it seems that it doesn't need a large community to make the price of Ethereum rise because too many people already know about Ethereum and it is very easy to increase the price. If you say in the next 3 to 4 years I doubt that because usually during the 3 years after the halving there will be a bearish situation which makes many Cryptocurrency prices collapse.
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To know sn altcoin that will pumb first check it crypto community and the market analysis to determine the altcoin,most coin fail to pumb because of it weak community and user. However Ethereum is a good coin to invest on no doubt seeing the market analysis and research done by me Ethereum will pumb more X6 in the next 3 to 4 years.
Ethereum is a very legendary coin and it seems that it doesn't need a large community to make the price of Ethereum rise because too many people already know about Ethereum and it is very easy to increase the price. If you say in the next 3 to 4 years I doubt that because usually during the 3 years after the halving there will be a bearish situation which makes many Cryptocurrency prices collapse.
Bullishness and bearishness will always occur during a 4 year cycle, we will see bullishness and after that we will see long bearishness for almost 3 years. all crypto lovers definitely know about this. Ethereum will always follow Bitcoin's rise. So ethereum is also one of the coins that is safe to hold.
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To know sn altcoin that will pumb first check it crypto community and the market analysis to determine the altcoin,most coin fail to pumb because of it weak community and user. However Ethereum is a good coin to invest on no doubt seeing the market analysis and research done by me Ethereum will pumb more X6 in the next 3 to 4 years.
Ethereum is a very legendary coin and it seems that it doesn't need a large community to make the price of Ethereum rise because too many people already know about Ethereum and it is very easy to increase the price. If you say in the next 3 to 4 years I doubt that because usually during the 3 years after the halving there will be a bearish situation which makes many Cryptocurrency prices collapse.
Bullishness and bearishness will always occur during a 4 year cycle, we will see bullishness and after that we will see long bearishness for almost 3 years. all crypto lovers definitely know about this. Ethereum will always follow Bitcoin's rise. So ethereum is also one of the coins that is safe to hold.
Imho 4-year-cycles not always work with altcoins. One of the reasons is that they arent as stable as Bitcoin. Projects tend to end, trend tend to change, demand tend to decrease. For example take a look on major altcoins, their ATH and change during 4 last years. While Bitcoin seems to crawl back to ATH and it has almost 1.5 years to show changes during that 4-year-cycle, many of the altcoins seems to be still on the bottom. Many are still in -40-60% loss from their ATH. And when BTC starts correction or bear season starts, altcoins will follow that downtrend. With I am trying to say, that those who are holding altcoins must be very cautious with the choice they make. Because in 4 years, the price you have bought, might not be reached. From holders you might turn into "marrying your altcoins".
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To know sn altcoin that will pumb first check it crypto community and the market analysis to determine the altcoin,most coin fail to pumb because of it weak community and user. However Ethereum is a good coin to invest on no doubt seeing the market analysis and research done by me Ethereum will pumb more X6 in the next 3 to 4 years.
Ethereum is a very legendary coin and it seems that it doesn't need a large community to make the price of Ethereum rise because too many people already know about Ethereum and it is very easy to increase the price. If you say in the next 3 to 4 years I doubt that because usually during the 3 years after the halving there will be a bearish situation which makes many Cryptocurrency prices collapse.
ETH is the second coin after bitcoin that is worth investing in, this is a good option for those of us who want to invest in something other than bitcoin. In fact, many people and I think we all agree here to make ETH the one we hold.
Of course, predicting the time range is not an easy thing, but we can see from records over the past few years. The market will also fall again as you said, but for the time being it probably won't happen in the near future.
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Imho 4-year-cycles not always work with altcoins. One of the reasons is that they arent as stable as Bitcoin. Projects tend to end, trend tend to change, demand tend to decrease. For example take a look on major altcoins, their ATH and change during 4 last years. While Bitcoin seems to crawl back to ATH and it has almost 1.5 years to show changes during that 4-year-cycle, many of the altcoins seems to be still on the bottom. Many are still in -40-60% loss from their ATH. And when BTC starts correction or bear season starts, altcoins will follow that downtrend. With I am trying to say, that those who are holding altcoins must be very cautious with the choice they make. Because in 4 years, the price you have bought, might not be reached. From holders you might turn into "marrying your altcoins".
like my previous comment, I only recommend buying bitcoin and ethereum, for a 4 year cycle. because ethereum will follow the performance of bitcoin, I did not mention other altcoins. because the safest ones are bitcoin and ethereum to hold for a long period of time,
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Imho 4-year-cycles not always work with altcoins. One of the reasons is that they arent as stable as Bitcoin. Projects tend to end, trend tend to change, demand tend to decrease. For example take a look on major altcoins, their ATH and change during 4 last years. While Bitcoin seems to crawl back to ATH and it has almost 1.5 years to show changes during that 4-year-cycle, many of the altcoins seems to be still on the bottom. Many are still in -40-60% loss from their ATH. And when BTC starts correction or bear season starts, altcoins will follow that downtrend. With I am trying to say, that those who are holding altcoins must be very cautious with the choice they make. Because in 4 years, the price you have bought, might not be reached. From holders you might turn into "marrying your altcoins".
like my previous comment, I only recommend buying bitcoin and ethereum, for a 4 year cycle. because ethereum will follow the performance of bitcoin, I did not mention other altcoins. because the safest ones are bitcoin and ethereum to hold for a long period of time,
Sorry if my post was misleading and somehow makes other stumble at your recommendation. The idea of my post was to remind buyers to be very cautious with buying altcoins. Despite Ethereum, I would say that very few follow Bitcoin results. Many are still on the bottom regarding their previous ATH and not even close to updating it. Nor 4-year-cycle can be used to altcoins. That 4-year-cycle can be applied to altcoins at all. This is only bitcoins and halving feature.
From my experience, all the altcoins that I hold are either a very long term investment (frankly I am just waiting for price to reach my buying price and I would sell them), or projects that wont recover because trend and demand have changed. Long story short - my BTC holdings value grow, my altcoins portolio value went down.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Every altcoin is not suitable for long term holding so only hold those altcoins who exists in top 10 position. New coins are also good but they are not suitable for long term holding but instead you can choose them for short term and if you find it advantages and dump then sell it because news coins are difficult to trust.
You can hold top altcoins from bear to Bull season so buy at dip and sell when Bull run initiates. If you are choosing any coin then keep your eyes on its market cap as it will helps you to avoid unnecessary or scam project and hold the top coins as well as new coins with good team member and useful goals.
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How do you know an altcoin will be good for HODLing?
Mostly, I analyze the fundamentals of the altcoins. I only invest in the altcoins that have strong fundamentals. And I usually choose the top 50 altcoins for my long term holding. I rarely invest in new altcoins because most new altcoins aren't trustable. Many of them are scams and failed projects.
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I usually hold for 4 years. It is because we have 4 years cycle of bullish-bearish. I buy the crypto coins during the bearish season, then I will take profits in the bullrun/bullish season. I repeat my investment every 4 years, I think this is the safe target to take in the crypto assets.
- This means that you are a long-term investor, which also means that you sell every time there is a halving that is coming; you will sell at the same time as the bull run arrives. The strategy you are using is good. That also means that you have a stable source of income, and you probably don't have just one source. And I won't find out what that is because it's too personal.
But I like the mindset and strategy that you implement yourself as an investor in this field of the crypto space, and I admire you for that matter, honestly speaking. I will imitate what you do, at least little by little.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners.
As for me, I even see trading more safe than holding for anybody, this is not even on beginners alone, you can't keep on with the use of altcoins always and be trading them without avoiding some level of risk unlike when you are holding which is more dangerous to because you don't know what may comes out of the coin, you can keep holding for long without the coin performing well and at the cause, it may also get down and fail, but trading could always only include a short period of holding before trading any coin.
Nope. its the opposite because dealing up with market volatility isnt something that anyone could be able to get a hold with on which it would really be needing up that specific skills on which you would really be needing to have to sustain yourself on what you do trade and could be able to bare up with the risks involved with it. This is why some people do really decided on holding
just because t hey cant be able to handle themselves about the risks and this is why it would really be that much better option rather than on making yourself that
tending to make trades forcibly. You would be able to see for yourself on how risky it would be.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners. Just few days after new year this happened :Market dip hit crypto traders with over $650 million in long liquidations last week (https://www.theblock.co/post/227643/bitcoin-price-crypto-long-liquidation). This gives more reasons to avoid trading especially for beginners, since traders may usually fall into pump and dump Schemes and trading especially when trading Altcoins. Its advisable to HODL but the reason I made this post is about from the fact that, we know the surety of HODLing bitcoin, it can be HODL for over a decade but this is not true for most altcoins. Though I have 2 altcoins I can advice anyone to HODL which are Solona and Ethereum while I may have surety of HODLing altcoins for at most 2 years maybe with an exception of Ethereum which I may HODL longer.
I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Altcoin HODLing can be bumpy, but there are some factors to consider to navigate the choppy waters *invest in altcoin with strong use cases: look for an altcoin that will solve the world problems and have strong community * don't panic to sell : don't make any rash decisions because of the short terms price changes * patient * diversify your altcoin portfolio: don't hope on one altcoin invest on variety of altcoins to spread out risk.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners.
As for me, I even see trading more safe than holding for anybody, this is not even on beginners alone, you can't keep on with the use of altcoins always and be trading them without avoiding some level of risk unlike when you are holding which is more dangerous to because you don't know what may comes out of the coin, you can keep holding for long without the coin performing well and at the cause, it may also get down and fail, but trading could always only include a short period of holding before trading any coin.
Nope. its the opposite because dealing up with market volatility isnt something that anyone could be able to get a hold with on which it would really be needing up that specific skills on which you would really be needing to have to sustain yourself on what you do trade and could be able to bare up with the risks involved with it. This is why some people do really decided on holding
just because t hey cant be able to handle themselves about the risks and this is why it would really be that much better option rather than on making yourself that
tending to make trades forcibly. You would be able to see for yourself on how risky it would be.
If you don't have good skills and experience in trading, you should choose holding. Hold some coins safe. such as bitcoin and several other topcoins. As you say, if you can't handle crypto volatility you might as well be a better holder.
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Now we are seeing Bitcoin price increasing hardly. We know when Bitcoin price increase then Altcoin price also increase. Now we ase seeing Bitcoin price increasing But most of Altcoin are not increasing with ratio. I think when bitcoin price will stable then Altcoin price will increase hugely. So i think now best time to hold altcoin. Who will Hold altcoin now he will easily profitable 4x-5x there has no doubt i think.
I am also Holding Some Altcoin including Ethereum. So who are Already invested on Altcoin please hold i believe altcoin will give huge profit there has no doubt.
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Now we are seeing Bitcoin price increasing hardly. We know when Bitcoin price increase then Altcoin price also increase. Now we ase seeing Bitcoin price increasing But most of Altcoin are not increasing with ratio. I think when bitcoin price will stable then Altcoin price will increase hugely. So i think now best time to hold altcoin. Who will Hold altcoin now he will easily profitable 4x-5x there has no doubt i think.
I am also Holding Some Altcoin including Ethereum. So who are Already invested on Altcoin please hold i believe altcoin will give huge profit there has no doubt.
For now, if you already have a lot of potential coins in your wallet, it's best to hold onto them until the bull season. Hold is the best way while waiting for the bullish season. We can also stake potential coins such as bitcoin and ethereum.
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners. Just few days after new year this happened :Market dip hit crypto traders with over $650 million in long liquidations last week (https://www.theblock.co/post/227643/bitcoin-price-crypto-long-liquidation). This gives more reasons to avoid trading especially for beginners, since traders may usually fall into pump and dump Schemes and trading especially when trading Altcoins. Its advisable to HODL but the reason I made this post is about from the fact that, we know the surety of HODLing bitcoin, it can be HODL for over a decade but this is not true for most altcoins. Though I have 2 altcoins I can advice anyone to HODL which are Solona and Ethereum while I may have surety of HODLing altcoins for at most 2 years maybe with an exception of Ethereum which I may HODL longer.
I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
1) altcoins are alternative of Bitcoin. i.e coins that are not Bitcoin. Researching on altcoins that have great potentials and uniqueness in the cryptocurrency space, researching on centralized or decentralized exchange CEX, DEX, mining, lending, farming, gaming etc.
2) HODLing for long-term for years is the best not purchasing a coin today and expect the ROI/return of Investment to be above 1000%.Rome wasn't built in a day, so holding should be for years with coins that have great potentials and uses cases. BTC has been for years. The amount you can afford to lose, high risk high reward.
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For now, if you already have a lot of potential coins in your wallet, it's best to hold onto them until the bull season. Hold is the best way while waiting for the bullish season. We can also stake potential coins such as bitcoin and ethereum.
I think now we have entered the era of bull season because I see a lot of altcoins that are increasing their prices and indeed holding assets is the best way to stay awake so as not to lose money, because when the price collapses and sell it at a cheap price then only losses will be obtained.
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For now, if you already have a lot of potential coins in your wallet, it's best to hold onto them until the bull season. Hold is the best way while waiting for the bullish season. We can also stake potential coins such as bitcoin and ethereum.
I think now we have entered the era of bull season because I see a lot of altcoins that are increasing their prices and indeed holding assets is the best way to stay awake so as not to lose money, because when the price collapses and sell it at a cheap price then only losses will be obtained.
Of course, currently the best way to make a profit is to hold. Because the bitcoin halving occurred and the bullish season will last a long time, the peak of which is expected to occur next year. While we hold our coins, we can do staking and daily trading to get profits.
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Altcoins do have a very high risk and as you said, it is not good to use all capital only for altcoins. It is better to divide some capital into altcoins and the other part into the main coin, namely Bitcoin, Altcoins such as BNB and Ethereum are only used to grow If you own Bitcoin, you can get quite a lot of profit.
Bitcoin is indeed the main cryptocurrency that affects other currencies as well. But you should know that Bitcoin won't give you maximum profit. If I talk about my portfolio, 90% of my investments are on Bitcoin, and it is now 2x from where I initially moved my coins to my cold wallet. But, when it comes to my other 10% holdings that are alts, most of them grew more than 2x since the same period of time. I bought Theta for $1, but now it's trading over $3. Other alts like DOT, ENJ, and AVAX also grew more than 2x now. It's not the alt season yet. Alts will start moving if BTC trades sideways for a couple of weeks. So, if you want to take maximum profit from holding, you should consider having some altcoins. But, you should be aware of the risk as well.
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For now, if you already have a lot of potential coins in your wallet, it's best to hold onto them until the bull season. Hold is the best way while waiting for the bullish season. We can also stake potential coins such as bitcoin and ethereum.
I think now we have entered the era of bull season because I see a lot of altcoins that are increasing their prices and indeed holding assets is the best way to stay awake so as not to lose money, because when the price collapses and sell it at a cheap price then only losses will be obtained.
Of course, currently the best way to make a profit is to hold. Because the bitcoin halving occurred and the bullish season will last a long time, the peak of which is expected to occur next year. While we hold our coins, we can do staking and daily trading to get profits.
This is the best time, I agree with that, but we also have to remember to keep investing in altcoins that have great potential for us to hold during the rise, don't make mistakes in analyzing because that will make us lose.
I prefer to hold some coins that already have good credibility in the market, in my opinion it is safer for us to hold in the long term, precisely during the rise. But I also won't be greedy, if it gives me a profit in the near future I won't hesitate to withdraw it.
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For now, if you already have a lot of potential coins in your wallet, it's best to hold onto them until the bull season. Hold is the best way while waiting for the bullish season. We can also stake potential coins such as bitcoin and ethereum.
I think now we have entered the era of bull season because I see a lot of altcoins that are increasing their prices and indeed holding assets is the best way to stay awake so as not to lose money, because when the price collapses and sell it at a cheap price then only losses will be obtained.
Of course, currently the best way to make a profit is to hold. Because the bitcoin halving occurred and the bullish season will last a long time, the peak of which is expected to occur next year. While we hold our coins, we can do staking and daily trading to get profits.
This is the best time, I agree with that, but we also have to remember to keep investing in altcoins that have great potential for us to hold during the rise, don't make mistakes in analyzing because that will make us lose.
I prefer to hold some coins that already have good credibility in the market, in my opinion it is safer for us to hold in the long term, precisely during the rise. But I also won't be greedy, if it gives me a profit in the near future I won't hesitate to withdraw it.
I couldn't agree more with you, as I believe Bitcoin is the only long-term holding. You mention Altcoin coin here but Altcoin is not trustworthy. Because many Altcoins I have seen crashed from the market such as Luna Coin, FTX Coin, etc. and many other coins have completely crashed from the market. Due to which the price of all coins, including the Bitcoin market, plummeted, which happened at the end of 2022. So if you have to believe then believe the only Bitcoin that no other coin compares to.
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I couldn't agree more with you, as I believe Bitcoin is the only long-term holding. You mention Altcoin coin here but Altcoin is not trustworthy. Because many Altcoins I have seen crashed from the market such as Luna Coin, FTX Coin, etc. and many other coins have completely crashed from the market. Due to which the price of all coins, including the Bitcoin market, plummeted, which happened at the end of 2022. So if you have to believe then believe the only Bitcoin that no other coin compares to.
Bitcoin is the king of cryptocurrencies, if you buy at the bottom and hold on for a few years, you will make quite a big profit. buy 2021/2022 when it is bearish and hold until now. That's what many people do, they just buy and hold.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Seeing the developer and also the size of the community. Business models that can survive for a long time can also be a consideration for our fundamental analysis. Basically, for long-term holding, we only need fundamental analysis, we leave the rest to the platform. If there are suspicious indications regarding the movements of the developer and platform, then at that time you can take other steps.
As a new holder, I have a holding target based on altseason and btcseason, where this pattern has only been seen in the past 4 years, meaning that maybe I will sell this period based on the halving time, the highest point being at the end of 2024 to mid-2025.
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I am very curious about something, I know that many investors focus on investing in altcoins, the truth is I do not do technical or fundamental analysis of altcoins, but I know that many in the forum are much more experts in this aspect, what criteria do they take to make a fundamental analysis? knowing that bitcoin is what gives oxygen to altcoins, and how they determine that they can invest in an altcoin without LUNA happening to it, although I have a friend who invested in LUNA when it was very down because he told me that they had to increase He lowered the price a little to take profits and he invested a lot of money and then waited for that rapid rise and he left his take profit well established and passed, thus making a lot of money.
In the case of Hodl with altcoins, I would invest in ETH and at least the first 4 most important ones, but there are people who have so much vision that they are capable of buying an altcoin with a low price and then it increases a lot, what criteria do they take based on to what I have said and considering the possible fundamentals that affect bitcoin.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Seeing the developer and also the size of the community. Business models that can survive for a long time can also be a consideration for our fundamental analysis. Basically, for long-term holding, we only need fundamental analysis, we leave the rest to the platform. If there are suspicious indications regarding the movements of the developer and platform, then at that time you can take other steps.
As a new holder, I have a holding target based on altseason and btcseason, where this pattern has only been seen in the past 4 years, meaning that maybe I will sell this period based on the halving time, the highest point being at the end of 2024 to mid-2025.
Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Seeing the developer and also the size of the community. Business models that can survive for a long time can also be a consideration for our fundamental analysis. Basically, for long-term holding, we only need fundamental analysis, we leave the rest to the platform. If there are suspicious indications regarding the movements of the developer and platform, then at that time you can take other steps.
As a new holder, I have a holding target based on altseason and btcseason, where this pattern has only been seen in the past 4 years, meaning that maybe I will sell this period based on the halving time, the highest point being at the end of 2024 to mid-2025.
Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
- I hope that this bull run that we will face this year will help everyone who holds cryptocurrency to help each other's family and the dreams they want. And it looks like the real skyrocket will happen after bitcoin's halving a few months from now.
And hopefully the alts season will also coincide with the ETH spot being approved, because the big thing is that it coincidentally coincides with Bitcoin's bull run. And this is a big blessings to everyone for sure.
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Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
I think not many people do that and only a few investors hold their coin assets for a very long time, indeed that way we can make a profit because there is potential for prices to rise and a bull run is happening this year, but when conditions are bearish then holding cryptocurrency assets will not provide the slightest profit.
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Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
I think not many people do that and only a few investors hold their coin assets for a very long time, indeed that way we can make a profit because there is potential for prices to rise and a bull run is happening this year, but when conditions are bearish then holding cryptocurrency assets will not provide the slightest profit.
When it comes to Bitcoin, I think there are still many who hold it firmly. But it may not be the same as holding altcoins. Because usually holding altcoins is better if it is adjusted to the hype narrative. But there are indeed some altcoins that are worth holding for longer or at least for the medium term. For example, altcoins have a large market cap. Because usually altcoins that have a large market cap tend to increase following BTC and they also increase slowly. For example ETH and BNB. But if we hold altcoins in certain categories such as the AI or Game categories. So I guess we just have to follow the trends and narratives. So that we don't lose profits when we get them.
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I know that hodling have no liquidations, and it's far better than trading in terms of risk, but I think buying a coin without enough knowledge to hodl is not a good idea since there are lot of investors who put their investments into sleep because the price went below their buying price, and it's true to year 2021. Lot of investors who bought at the peak where they thought that price will continue to increase, but the price went in the opposite direction. So if you have enough knowledge, you could minimize the risks of being one of them.
In terms of what you are saying, as investors, we must have an idea or knowledge about a crypto asset that we are investing in for the long term.
Because investing in a crypto asset without doing research is an irresponsible habit of an investor, who usually, in the end, takes a high risk.
But if we are sure of the investment that we choose, that means that we are also expecting a good ROI that will return on our capital investment.
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There are some good coins in the market for long-term holding of altcoins that are not too risky to invest in. But you must invest in coins that can grow money. Although we know that Bitcoin is always the best coin for holding but in the meantime if you use altcoin it is a bit risky. However, any time you want to invest and hold for a long time, you can definitely do it in high ranking coins like ETH and BNB. But I would always advise you not to hold altcoin but hold in bitcoin as it will always give you safety.
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There are some good coins in the market for long-term holding of altcoins that are not too risky to invest in. But you must invest in coins that can grow money. Although we know that Bitcoin is always the best coin for holding but in the meantime if you use altcoin it is a bit risky. However, any time you want to invest and hold for a long time, you can definitely do it in high ranking coins like ETH and BNB. But I would always advise you not to hold altcoin but hold in bitcoin as it will always give you safety.
If we talk about the safest coin to hold for the long term, I also recommend Bitcoin. For altcoins I only believe in ethereum. As for other coins, I'm not so sure, I'll be sure in the next two or three years.
Bitcoin remains the priority coin of sdi hold for the long term.
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Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
I don't know why but I have a different feeling than others. Everyone thinks that Bitcoin will continue to pump even after the halving. But, I feel like we will have a short-term bear market right after the halving, and the bull run will start again after a few months. It won't happen overnight, but the market will grow slowly. Bitcoin will continue to grow until the halving and the price will drop right after the halving.
There is a reason behind this speculation. Almost everyone is waiting for the halving to see where Bitcoin will go. There will be a sell pressure after the halving because almost everyone will try to cash out their profits. Once the sell pressure ends, the market will continue to grow, and it will build again slowly and steadily. That is what I am thinking for now.
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Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
I don't know why but I have a different feeling than others. Everyone thinks that Bitcoin will continue to pump even after the halving. But, I feel like we will have a short-term bear market right after the halving, and the bull run will start again after a few months. It won't happen overnight, but the market will grow slowly. Bitcoin will continue to grow until the halving and the price will drop right after the halving.
There is a reason behind this speculation. Almost everyone is waiting for the halving to see where Bitcoin will go. There will be a sell pressure after the halving because almost everyone will try to cash out their profits. Once the sell pressure ends, the market will continue to grow, and it will build again slowly and steadily. That is what I am thinking for now.
Actually, the desire to sell during the halving is from bitcoin miners. And maybe some investors aren't interested in the long term. They choose the medium term for their investment. If my feeling still believes that bullishness will occur early next year, we will see some correction before that.
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Actually, the desire to sell during the halving is from bitcoin miners. And maybe some investors aren't interested in the long term. They choose the medium term for their investment. If my feeling still believes that bullishness will occur early next year, we will see some correction before that.
Miners know better how to make a profit from price movements that occur in Bitcoin. Miners will sell some of the results they have obtained and replace it with USDT currency. After the price falls to the base price, they will enter Bitcoin again even though they are currently still mining Bitcoin in very large quantities, so in my opinion Miners contribute more to moving the price of Bitcoin than Investors.
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I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
Apart from Bitcoin there are thousands of altcoins all altcoins but not investable. There are thousands of altcoins to choose from which to hold and which not to hold long-term. The things I focus on for long breaks are good market position, listing on good exchanges, and how active the developers are and how eager they are to move into the future. For example I am currently holding Ethereum, Solana BNB, etc. I know all these coins are very useful to hold in future and will make very good position in future. Maybe someone else's holding coins like me here may be different.
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I mainly hold bitcoins long, but Altcoins are not long, there are huge risks. Having seen many Altcoins get destroyed from the market, I have lost massive money in 2022. And those who invest in other common coins basically lose more. So I see Bitcoin as the most suitable coin to hold for long term. Because has been in the market with loyalty for a long time, and I am a bitcoin holder. I didn't mention this since I hold Altcoins, but for me Altcoins are not worth holding for a long time.
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I mainly hold bitcoins long, but Altcoins are not long, there are huge risks. Having seen many Altcoins get destroyed from the market, I have lost massive money in 2022. And those who invest in other common coins basically lose more. So I see Bitcoin as the most suitable coin to hold for long term. Because has been in the market with loyalty for a long time, and I am a bitcoin holder. I didn't mention this since I hold Altcoins, but for me Altcoins are not worth holding for a long time.
In the long term, bitcoin is the safest to hold. but if you want to hold altcoins for the long term, I recommend holding ethereum and BNB. Because it is very popular and has a large community. Meanwhile, if you want to hold for medium term, you can buy Solana, DOT, LINK and Matic. All of that was bought during the bearish season, not now.
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I mainly hold bitcoins long, but Altcoins are not long, there are huge risks. Having seen many Altcoins get destroyed from the market, I have lost massive money in 2022. And those who invest in other common coins basically lose more. So I see Bitcoin as the most suitable coin to hold for long term. Because has been in the market with loyalty for a long time, and I am a bitcoin holder. I didn't mention this since I hold Altcoins, but for me Altcoins are not worth holding for a long time.
In the long term, bitcoin is the safest to hold. but if you want to hold altcoins for the long term, I recommend holding ethereum and BNB. Because it is very popular and has a large community. Meanwhile, if you want to hold for medium term, you can buy Solana, DOT, LINK and Matic. All of that was bought during the bearish season, not now.
Oh I haven't done more research about BNB, actually I put Solana above it in investment plan, I guessed I have to do more research though regarding DOT AND LINK I have never done research about them and may rate ADA above them. I accept Matic as a good altcoin to get during bear, but what's your view about ARB, XRP and FIL.
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There are many assets that you can hold right now. Like what was mentioned, such as BNB, Ronin, Solana, and others. There are indeed projects where holding their coin can be more profitable because there are many rewards you can earn within the ecosystem of the coin you're holding. For example, if you're holding BNB, you can farm many tokens in the launchpools on Binance.
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Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
As the bitcoin halving is coming, the discussion in the upcoming market is increasing, so now everyone is optimistic that due to the effect of the halving, the bitcoin market will go more uptrend and the entire crypto will also go uptrend. But the market doesn't react that way when everyone is optimistic. I am also waiting to see how the market reacts till halving and whether the market movement is as per our expectations. But if market goes uptrend after halving then it will be epic.
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As the bitcoin halving is coming, the discussion in the upcoming market is increasing, so now everyone is optimistic that due to the effect of the halving, the bitcoin market will go more uptrend and the entire crypto will also go uptrend. But the market doesn't react that way when everyone is optimistic. I am also waiting to see how the market reacts till halving and whether the market movement is as per our expectations. But if market goes uptrend after halving then it will be epic.
Of course, people become more often to discuss about the potential of the increase of crypto prices in the market. This automatically makes a trend on the bullrun season, some coins become hype in a short time. The market gradually turns to the uptrend, it was clearly seen since the early of this year. Now, when we are getting closer to the Bitcoin halving, the hype will become higher. It is because people become more optimistic in the crypto marke.
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As the bitcoin halving is coming, the discussion in the upcoming market is increasing, so now everyone is optimistic that due to the effect of the halving, the bitcoin market will go more uptrend and the entire crypto will also go uptrend. But the market doesn't react that way when everyone is optimistic. I am also waiting to see how the market reacts till halving and whether the market movement is as per our expectations. But if market goes uptrend after halving then it will be epic.
Based on its normal movement process, the market should have been in recovery mode up until the halving event, but this time around, it went ahead and broke its previous movement pattern because Bitcoin hit a new all-time high even before it was time, and things started to become more unpredictable after that point.
Indeed, the market generally starts going up after the halving event, but since the pattern hasn't been the same in this cycle, we can't be sure whether we will see a drop before or after the halving event because the movements pattern has become extremely unpredictable.
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Indeed, the market generally starts going up after the halving event, but since the pattern hasn't been the same in this cycle, we can't be sure whether we will see a drop before or after the halving event because the movements pattern has become extremely unpredictable.
Yep. I agree with this point of view as well. Many of us even thought Bitcoin would continue making ATH weekly until the halving. Even Muqaddas bhai from ilme Aalim also thought that Bitcoin would continue making ATH weekly. But the movement and the pattern have changed. Currently, the price movement is tied with ETF movements. If there is an inflow in ETH, then the market starts to pump. The opposite happens when there is some outflow in the ETF market. I am surprised that kucoin's bad news did not affect the market at all.
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Based on its normal movement process, the market should have been in recovery mode up until the halving event, but this time around, it went ahead and broke its previous movement pattern because Bitcoin hit a new all-time high even before it was time, and things started to become more unpredictable after that point.
Indeed, the market generally starts going up after the halving event, but since the pattern hasn't been the same in this cycle, we can't be sure whether we will see a drop before or after the halving event because the movements pattern has become extremely unpredictable.
Bitcoin surprised everyone by breaking a new all time high before the halving, and because of this, the market is now at its most unpredictable. Because Bitcoin has a big correction before the halving but this time Bitcoin has not yet reacted like in the past, thus creating a possibility that we may see a big correction before the halving or after the halving, in fact anything can happen here. And if the Bitcoin market actually changes from past patterns, we might even see an unexpected epic run.
Altcoins will follow Bitcoin, and that's why if Bitcoin goes in any direction, altcoin investors should be prepared in advance to deal with that situation.
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There are many assets that you can hold right now. Like what was mentioned, such as BNB, Ronin, Solana, and others. There are indeed projects where holding their coin can be more profitable because there are many rewards you can earn within the ecosystem of the coin you're holding. For example, if you're holding BNB, you can farm many tokens in the launchpools on Binance.
Its obvious that holding will give you more profit and it will also be more secure than short term trading. BNB, Ethereum and Solana are all good for long term investment and all these increases in value as time passes so hold these upto good days of earning.
The Solana token is consider as more profitable these days as it is increasing with rapid growth and price is above 150$ from previous months and now it is 187$ which is near to achieve the previously established ATH in previous Bull season.
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There are many assets that you can hold right now. Like what was mentioned, such as BNB, Ronin, Solana, and others. There are indeed projects where holding their coin can be more profitable because there are many rewards you can earn within the ecosystem of the coin you're holding. For example, if you're holding BNB, you can farm many tokens in the launchpools on Binance.
Its obvious that holding will give you more profit and it will also be more secure than short term trading. BNB, Ethereum and Solana are all good for long term investment and all these increases in value as time passes so hold these upto good days of earning.
The Solana token is consider as more profitable these days as it is increasing with rapid growth and price is above 150$ from previous months and now it is 187$ which is near to achieve the previously established ATH in previous Bull season.
I also invest in those coins, besides bitcoin as my priority coin. Ethereum, BNB and Solana are potential and popular coins. If you look at the movement of Solana, it is indeed more profitable than BNB and ethereum, this coin still has a lot of potential in the future, moreover I also heard that the Solana team will build its own exchange, this is very good for Solana in the future.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
The best and most used investment strategy is to buy low and sell high. So you should keep looking for windows where you can buy and wait for some time before you sell so that you get some profit, but that's only for short-term investment or trading, if you are willing to do it for long term, you should probably use the DCA method, buy Bitcoin with a portion of your capital and wait for some time and buy again when the price is lower, if it's higher, you should wait.
Bitcoin bull run is just around the corner, and after the bull run, Bitcoin and the whole market will likely crash once again and you will probably see lower prices again, so if you think you need to wait until this is over, you should wait until the bear market is here.
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I also invest in those coins, besides bitcoin as my priority coin. Ethereum, BNB and Solana are potential and popular coins. If you look at the movement of Solana, it is indeed more profitable than BNB and ethereum, this coin still has a lot of potential in the future, moreover I also heard that the Solana team will build its own exchange, this is very good for Solana in the future.
I never had the privilege to have meet BNB at initial stage and presently not having that mindset to invest in altcoin due to the impression given to me that altcoin are not coin to hold for long, with this impression I centered my mind into bitcoin and although anyone who needs a quick profits should look at out for the best altcoin to give them. Just those coin you listed above are reputable coin and likely to become something great.
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- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
1 - Not many, maybe only my top altcoins such as ETH, BNB and SOLANA... this coin has a fairly high market capitalization which proves that this coin is worth having because of several aspects that are considered by its holders...
2 - As long as it lasts more than 2 years and the maximum is 5 years, I have a vision that the movement will give you quite a large profit... maybe you will encounter asset depreciation in the middle of the road, but rest assured ALT Season is always present when the halving moment gives you big profits.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
The best and most used investment strategy is to buy low and sell high. So you should keep looking for windows where you can buy and wait for some time before you sell so that you get some profit, but that's only for short-term investment or trading, if you are willing to do it for long term, you should probably use the DCA method, buy Bitcoin with a portion of your capital and wait for some time and buy again when the price is lower, if it's higher, you should wait.
Bitcoin bull run is just around the corner, and after the bull run, Bitcoin and the whole market will likely crash once again and you will probably see lower prices again, so if you think you need to wait until this is over, you should wait until the bear market is here.
Until now, that concept has been used to be honest. Even though I have been doing it for several years now, it is effective for all traders, especially those who have extensive knowledge of trading.
Think about it: no matter what season we are facing, whether it is a bull market or a bear market season, that method can be used. Long- or short-term trading is used by all traders in this field of cryptocurrency.
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I also invest in those coins, besides bitcoin as my priority coin. Ethereum, BNB and Solana are potential and popular coins. If you look at the movement of Solana, it is indeed more profitable than BNB and ethereum, this coin still has a lot of potential in the future, moreover I also heard that the Solana team will build its own exchange, this is very good for Solana in the future.
Yes there is no doubt about the success of Etheruem, BNB and Solana and if we talk about the success rate then currently the success rate of solana is higher but it cannot be more successful and powerful than etheruem because etheruem is second most acceptable coin after bitcoin.
Solana will have bright future and most amazingly its price is not effected much by dip in market and I think we should not miss this opportunity as very soon we will see the price to hit the value of more than 200$.
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Yes there is no doubt about the success of Etheruem, BNB and Solana and if we talk about the success rate then currently the success rate of solana is higher but it cannot be more successful and powerful than etheruem because etheruem is second most acceptable coin after bitcoin.
Solana will have bright future and most amazingly its price is not effected much by dip in market and I think we should not miss this opportunity as very soon we will see the price to hit the value of more than 200$.
Ethereum, BNB and Solana have been success altcoin exactly with Solana after dropping since FTX scam success recovery back and raise to $200, for Ethreuem have been most success altcoin so far how stable raise the higher price and rumor will get ETF ethereum approval has opportunity for ETH break out the all time high price.
After Binance CEO leaved his position last several months bring positive impact with BNB coins pump drastically, active launching new launchpool every month I think reason why BNB easily raise higher price every month.
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Yes there is no doubt about the success of Etheruem, BNB and Solana and if we talk about the success rate then currently the success rate of solana is higher but it cannot be more successful and powerful than etheruem because etheruem is second most acceptable coin after bitcoin.
Solana will have bright future and most amazingly its price is not effected much by dip in market and I think we should not miss this opportunity as very soon we will see the price to hit the value of more than 200$.
Ethereum, BNB and Solana have been success altcoin exactly with Solana after dropping since FTX scam success recovery back and raise to $200, for Ethreuem have been most success altcoin so far how stable raise the higher price and rumor will get ETF ethereum approval has opportunity for ETH break out the all time high price.
After Binance CEO leaved his position last several months bring positive impact with BNB coins pump drastically, active launching new launchpool every month I think reason why BNB easily raise higher price every month.
BNB owns the Binance exchange, the most popular and the biggest exchange. Where always launching a launchpool using BNB, this is what makes BNB always show good progress. Ethereum is the number two coin on CMC, more popular than BNB, ethereum is also a safe coin to hold
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Many people still choose to hold their coins to see the Bitcoin halving, and try to observe the market until the end of this year. I do too, if the market still shows good movement I will hold on until early 2025. Hopefully the crypto market will strengthen even more after the bitcoin halving
As the bitcoin halving is coming, the discussion in the upcoming market is increasing, so now everyone is optimistic that due to the effect of the halving, the bitcoin market will go more uptrend and the entire crypto will also go uptrend. But the market doesn't react that way when everyone is optimistic. I am also waiting to see how the market reacts till halving and whether the market movement is as per our expectations. But if market goes uptrend after halving then it will be epic.
- Maybe I'm optimistic because I know that before the halving is over, there will be a rally in Bitcoin, and when that happens, it's for sure that many altcoins will also follow Bitcoin's rally.
And when I have an opportunity or a sign that it will have a correction, for sure I will sell, and it will happen after the halving, in my opinion, but of course the market is still unpredictable.
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- Maybe I'm optimistic because I know that before the halving is over, there will be a rally in Bitcoin, and when that happens, it's for sure that many altcoins will also follow Bitcoin's rally.
And when I have an opportunity or a sign that it will have a correction, for sure I will sell, and it will happen after the halving, in my opinion, but of course the market is still unpredictable.
Usually there will be an increase before the halving, but during the halving there will be bitcoin sales from miners, this is what causes the market to dump. Prepare funds to buy when a correction occurs during the halving
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- Maybe I'm optimistic because I know that before the halving is over, there will be a rally in Bitcoin, and when that happens, it's for sure that many altcoins will also follow Bitcoin's rally.
And when I have an opportunity or a sign that it will have a correction, for sure I will sell, and it will happen after the halving, in my opinion, but of course the market is still unpredictable.
Usually there will be an increase before the halving, but during the halving there will be bitcoin sales from miners, this is what causes the market to dump. Prepare funds to buy when a correction occurs during the halving
You are right in what you are saying, dude. Usually what happens is that there is a rally before halving; just a few weeks from now, there will be a rally,
then after the halving correction again. But as of this moment, we are still in correction, but at any moment, there can be a rally in bitcoin and other
cryptocurrencies as well.
So right now, we should not waste time applying DCA to any crypto that we want to hold for a few years that we can see can provide good savings for
our future and our loved ones.
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- Maybe I'm optimistic because I know that before the halving is over, there will be a rally in Bitcoin, and when that happens, it's for sure that many altcoins will also follow Bitcoin's rally.
And when I have an opportunity or a sign that it will have a correction, for sure I will sell, and it will happen after the halving, in my opinion, but of course the market is still unpredictable.
Usually there will be an increase before the halving, but during the halving there will be bitcoin sales from miners, this is what causes the market to dump. Prepare funds to buy when a correction occurs during the halving
Well, this is the most appropriate step. that is, we have to prepare capital that we can use to accumulate altcoins if there is a correction after the Bitcoin halving occurs. And usually that happens. Even though there was a period after the halving, BTC still had a strong increase. And actually what I hope this time is that BTC must continue to rise so that the many altcoins that we hold can also continue to increase.
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Usually there will be an increase before the halving, but during the halving there will be bitcoin sales from miners, this is what causes the market to dump. Prepare funds to buy when a correction occurs during the halving
We already have some pumps, it already begins from the previous month. In the last month, there were altcoins that can increase more 100%. However, after the pumps there should be dumps, market needs a correction. So, it is not surprising if we have some dumps lately in the market.
About miners sold Bitcoin, why they do it too early? I think they must know in the halving, Bitcoin may increase more significantly. It will be more benefits to sell in the halving time.
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We already have some pumps, it already begins from the previous month. In the last month, there were altcoins that can increase more 100%. However, after the pumps there should be dumps, market needs a correction. So, it is not surprising if we have some dumps lately in the market.
Only a few altcoins managed to do that in the previous month when Bitcoin went up crazy, but most altcoins are still struggling to recover and manage to get on the list of top performers. About the pumps and dumps or corrections, I believe Bitcoin will correct itself right before or after the halving event.
About miners sold Bitcoin, why they do it too early? I think they must know in the halving, Bitcoin may increase more significantly. It will be more benefits to sell in the halving time.
They do know that there is a bull run coming up and they can get higher profit if they hold their assets and sell them later, but they can't always do that because they require funds to cover expenses for their mining.
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I don't hold altcoins. The only altcoin I have held for 2 years now is Shiba . And I didn't intentionally hold it. It is just that it crashed on me and I have been holding it right from the last bull run and I am currently in almost -80% losses. I cannot seem at lose and I just keep holding till the next bull run if something miraculous can happen.
The only altcoins that have the capacity to be held for long time is Ethereum and BNB. Others are yet to prove themselves.
If you are holding an altcoin then the price of the altcoin you are holding experiences a price decline and also you are experiencing a very large loss of 80% in conditions like this it is better for you to hold it until you have no loss or gain.. holding the altcoin system is better short term than long term and we have to monitor it all the time so that if there is a price increase or vice versa you can take quick action.
Yea, I have also known that many people who hold altcoins do not just do that willingly. It could be that they were not fast to sell and the market dumped on them and they have no option than to wait just like me. Holding altcoins for a long time is just too risky, unless the high cap altcoins which we are sure will still be around in the next few years to come. I have already listed the coins above. It is unfortunate that some people have meme coins like Bonk, Pepe and more in their portfolio. It will make sense because bull run is close. Maybe they will sell all during bull run.
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- Maybe I'm optimistic because I know that before the halving is over, there will be a rally in Bitcoin, and when that happens, it's for sure that many altcoins will also follow Bitcoin's rally.
And when I have an opportunity or a sign that it will have a correction, for sure I will sell, and it will happen after the halving, in my opinion, but of course the market is still unpredictable.
Usually there will be an increase before the halving, but during the halving there will be bitcoin sales from miners, this is what causes the market to dump. Prepare funds to buy when a correction occurs during the halving
Even though we cannot predict on what the market may turns at any particular time in season, but we always have our specific and strategic place on the target on each particular season, in which we have an idea of when the market is on the bull or bear season and from there we know if we are expected to buy or sell, this halving also gives more indications as you all have said, we know that in such periods, more bitcoin are released and there is bullrun, the market remains volatile as highly expected and some buy, sell or hold during the process.
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Yea, I have also known that many people who hold altcoins do not just do that willingly. It could be that they were not fast to sell and the market dumped on them and they have no option than to wait just like me. Holding altcoins for a long time is just too risky, unless the high cap altcoins which we are sure will still be around in the next few years to come. I have already listed the coins above. It is unfortunate that some people have meme coins like Bonk, Pepe and more in their portfolio. It will make sense because bull run is close. Maybe they will sell all during bull run.
Holding memes for the short term makes sense, but holding them for the long term is very risky. I hold doge and shib, because these two coins are more popular. I don't want to hold a lot of meme coins because I prefer koij coins that have clear projects such as ethereum, BNB, solana and plkadot
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Yea, I have also known that many people who hold altcoins do not just do that willingly. It could be that they were not fast to sell and the market dumped on them and they have no option than to wait just like me. Holding altcoins for a long time is just too risky, unless the high cap altcoins which we are sure will still be around in the next few years to come. I have already listed the coins above. It is unfortunate that some people have meme coins like Bonk, Pepe and more in their portfolio. It will make sense because bull run is close. Maybe they will sell all during bull run.
Holding memes for the short term makes sense, but holding them for the long term is very risky. I hold doge and shib, because these two coins are more popular. I don't want to hold a lot of meme coins because I prefer koij coins that have clear projects such as ethereum, BNB, solana and plkadot
I think you never want to hold meme coin for a long time, because as you have said, meme coin is a shitcoin that does not have a clear selling product, making its price movements very volatile and future developments like meme coin will not be hype again.
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Interesting question if I must say,
To know the a good crypto to HODL, one needs to go through few things like its road map, tokenomics, the narratives it's trying to solve. Again it must not have features that is too good to be true.
For the second question, I can hold for more than six months to say like 2 years. Did you guys recall where solana was 2 yrs ago but now its has printed more returns such are my kind of gem that i HODL at the trade smarter Exchange.
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I think you never want to hold meme coin for a long time, because as you have said, meme coin is a shitcoin that does not have a clear selling product, making its price movements very volatile and future developments like meme coin will not be hype again.
Many of the members here always advise, don't hold meme coins for a long period of time because you will experience losses or get trapped in the price. because coin memes need hype. We can invest in meme coins, but for the short term, that's what I and several members here think
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We all are aware of the higher risk involved in trading than HODLing and it has always been advisable to HODL rather than trade especially to Beginners. Just few days after new year this happened :Market dip hit crypto traders with over $650 million in long liquidations last week (https://www.theblock.co/post/227643/bitcoin-price-crypto-long-liquidation). This gives more reasons to avoid trading especially for beginners, since traders may usually fall into pump and dump Schemes and trading especially when trading Altcoins. Its advisable to HODL but the reason I made this post is about from the fact that, we know the surety of HODLing bitcoin, it can be HODL for over a decade but this is not true for most altcoins. Though I have 2 altcoins I can advice anyone to HODL which are Solona and Ethereum while I may have surety of HODLing altcoins for at most 2 years maybe with an exception of Ethereum which I may HODL longer.
I know there are other altcoins worth HODLing but I guess my knowledge is quite vague about investing and HODLing altcoins and so I will like to ask the questions.
- How do you know an altcoin will be good for HODLing?
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I don't like holding Altcoins, because I have been holding these coins for a long time and I have experienced the most losses. The only suitable bitcoins for long-term holdings are the more bitcoins you can hold for a longer period of time, the more benefits you will be able to achieve. You have to keep calm and be patient in investing in Bitcoin, but in Altcoin investing, if you are patient for a long time, there is definitely a chance of loss.
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I don't like holding Altcoins, because I have been holding these coins for a long time and I have experienced the most losses. The only suitable bitcoins for long-term holdings are the more bitcoins you can hold for a longer period of time, the more benefits you will be able to achieve. You have to keep calm and be patient in investing in Bitcoin, but in Altcoin investing, if you are patient for a long time, there is definitely a chance of loss.
If you choose long-term investment, actually the most suitable coin is bitcoin. You can buy when the price is still low when it is bearish and hold it for several years, around 3 years, you will make a profit. The longer you hold it, the more benefits you will get
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If you choose long-term investment, actually the most suitable coin is bitcoin. You can buy when the price is still low when it is bearish and hold it for several years, around 3 years, you will make a profit. The longer you hold it, the more benefits you will get
It's true that for long-term investment, Bitcoin is a very good choice, but for investment, you should also be able to pay attention to the Bitcoin price increase cycle which only occurs once every 4 years and Bitcoin price declines also often occur during bearish seasons, so wait for the bearish time to arrive to invest. in bitcoin, after that wait until the price goes up again, as now the price has become very expensive and is suitable for selling and withdrawing profits.
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If you choose long-term investment, actually the most suitable coin is bitcoin. You can buy when the price is still low when it is bearish and hold it for several years, around 3 years, you will make a profit. The longer you hold it, the more benefits you will get
It's true that for long-term investment, Bitcoin is a very good choice, but for investment, you should also be able to pay attention to the Bitcoin price increase cycle which only occurs once every 4 years and Bitcoin price declines also often occur during bearish seasons, so wait for the bearish time to arrive to invest. in bitcoin, after that wait until the price goes up again, as now the price has become very expensive and is suitable for selling and withdrawing profits.
I will not sell bitcoin under $100K, because I have targeted selling bitcoin at $100k. Although that will wait until next year, because holding bitcoin is the best way right now. The market is currently dumping, but this is only a correction because Bitcoin has shown good movement before the halving.
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I will not sell bitcoin under $100K, because I have targeted selling bitcoin at $100k. Although that will wait until next year, because holding bitcoin is the best way right now. The market is currently dumping, but this is only a correction because Bitcoin has shown good movement before the halving.
Usually Bitcoin pumps after the halving. But, the history and the graph changed. We have seen a new all-time high right before the halving. If you talk about the selling point, a lot of people are waiting for the 100K price range. So, don't be like others. Try to be a little different. Set your target to 98K. LOL. Kidding aside, I don't think we will have to wait for 2025 to see the 100K price range. It is very much possible for Bitcoin to hit the 100K price range this year and we may see some big numbers in 2025. I won't be surprised if we hit 150K in 2025.
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I will not sell bitcoin under $100K, because I have targeted selling bitcoin at $100k. Although that will wait until next year, because holding bitcoin is the best way right now. The market is currently dumping, but this is only a correction because Bitcoin has shown good movement before the halving.
Usually Bitcoin pumps after the halving. But, the history and the graph changed. We have seen a new all-time high right before the halving. If you talk about the selling point, a lot of people are waiting for the 100K price range. So, don't be like others. Try to be a little different. Set your target to 98K. LOL. Kidding aside, I don't think we will have to wait for 2025 to see the 100K price range. It is very much possible for Bitcoin to hit the 100K price range this year and we may see some big numbers in 2025. I won't be surprised if we hit 150K in 2025.
Maybe everyone has their own target, if I have a selling target for my bitcoin at $125K, even though I actually predict bitcoin will reach $150K next year. I will gradually sell my bitcoin at $125K to $150K. but it all depends on market conditions after the halving, maybe I will sell at $98K according to your suggestion.. ;D
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Been holding some altcoins for long now even after they got delisted from thier listed exchanges. But one truth is that I never look away from taking profit cos I always pair some with Bitcoin on Bitget smart to automatically buy more Bitcoin for me if they pump against it. That's just likd taking profit to buy BTC
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Been holding some altcoins for long now even after they got delisted from thier listed exchanges. But one truth is that I never look away from taking profit cos I always pair some with Bitcoin on Bitget smart to automatically buy more Bitcoin for me if they pump against it. That's just likd taking profit to buy BTC
I wouldn't recommend holding altcoins for very long apart from a few altcoins that are very old and trusted, but even if someone does hold altcoins, they should always take profit whenever they find a suitable selling price because altcoins tend to be extremely volatile and unpredictable and you never know when their price might start dropping again and when that happens, it doesn't take a lot of time for their price to crash badly.
So you are doing one thing right and one thing wrong, you aren't supposed to hold altcoins for very long unless you have bought them in the bear market and have been waiting for the bull run to sell them but even in that case, you need to make sure that the altcoins you are holding are good ones.
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Been holding some altcoins for long now even after they got delisted from thier listed exchanges. But one truth is that I never look away from taking profit cos I always pair some with Bitcoin on Bitget smart to automatically buy more Bitcoin for me if they pump against it. That's just likd taking profit to buy BTC
I wouldn't recommend holding altcoins for very long apart from a few altcoins that are very old and trusted, but even if someone does hold altcoins, they should always take profit whenever they find a suitable selling price because altcoins tend to be extremely volatile and unpredictable and you never know when their price might start dropping again and when that happens, it doesn't take a lot of time for their price to crash badly.
So you are doing one thing right and one thing wrong, you aren't supposed to hold altcoins for very long unless you have bought them in the bear market and have been waiting for the bull run to sell them but even in that case, you need to make sure that the altcoins you are holding are good ones.
Old Alt for hodling and new alt just for trading. makes sense
Crypto trading is unique compared to other investment assets and everyone has their strategy
especially when investing in Altcoins.
And whether a strategy works or not, can be judged by how much profit they get from all portfolios.
But your argument is right and I agree with you :)
Stay safe, keep profit, and don't dream of getting rich overnight.
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Been holding some altcoins for long now even after they got delisted from thier listed exchanges. But one truth is that I never look away from taking profit cos I always pair some with Bitcoin on Bitget smart to automatically buy more Bitcoin for me if they pump against it. That's just likd taking profit to buy BTC
I wouldn't recommend holding altcoins for very long apart from a few altcoins that are very old and trusted, but even if someone does hold altcoins, they should always take profit whenever they find a suitable selling price because altcoins tend to be extremely volatile and unpredictable and you never know when their price might start dropping again and when that happens, it doesn't take a lot of time for their price to crash badly.
So you are doing one thing right and one thing wrong, you aren't supposed to hold altcoins for very long unless you have bought them in the bear market and have been waiting for the bull run to sell them but even in that case, you need to make sure that the altcoins you are holding are good ones.
Old Alt for hodling and new alt just for trading. makes sense
Crypto trading is unique compared to other investment assets and everyone has their strategy
especially when investing in Altcoins.
And whether a strategy works or not, can be judged by how much profit they get from all portfolios.
But your argument is right and I agree with you :)
Stay safe, keep profit, and don't dream of getting rich overnight.
Well that sounds like a good strategy. But I personally still think altcoins are only worth holding in the short and medium term. And in the long term only bitcoin I consider worth holding.
But yes, every trader and every investor has their own strategy and please use which strategy is the most effective which has brought profits to each of us.
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- Maybe I'm optimistic because I know that before the halving is over, there will be a rally in Bitcoin, and when that happens, it's for sure that many altcoins will also follow Bitcoin's rally.
And when I have an opportunity or a sign that it will have a correction, for sure I will sell, and it will happen after the halving, in my opinion, but of course the market is still unpredictable.
Usually there will be an increase before the halving, but during the halving there will be bitcoin sales from miners, this is what causes the market to dump. Prepare funds to buy when a correction occurs during the halving
We have been seeing for a long time that the price of Bitcoin usually falls in half during April and those who know about Bitcoin and those who are involved in investing must know this period as Bitcoin Halving. Bitcoin halved in other years but this year I am not paying much attention to Bitcoin halving. The price of Bitcoin did not halve this year, but the Bitcoin market saw some dumping around the time that Bitcoin halved. The Bitcoin market saw some dumping during this period which did not last long but the market recovered within a short period of time. So it is assumed that Bitcoin will probably not halve this season.
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Well that sounds like a good strategy. But I personally still think altcoins are only worth holding in the short and medium term. And in the long term only bitcoin I consider worth holding.
But yes, every trader and every investor has their own strategy and please use which strategy is the most effective which has brought profits to each of us.
Holding of altcoins should be dependent on the holders success and I think once you achieve profit then don't hold more as with altcoins the possibility of losing value is always present.
Just think about your target and one should not move his altcoin according to the market but should wait and remain quiet because one day a target will surely be achieved. Some people don't plan as a result of which their last step is panic sell because they don't have set any value for selling their altcoins.
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Holding of altcoins should be dependent on the holders success and I think once you achieve profit then don't hold more as with altcoins the possibility of losing value is always present.
Just think about your target and one should not move his altcoin according to the market but should wait and remain quiet because one day a target will surely be achieved. Some people don't plan as a result of which their last step is panic sell because they don't have set any value for selling their altcoins.
Do not let when the target has been reached then you hold on with the desire that the coin can be but it actually loses its value so this often happens to traders.
In altcoins, we still have to have a target to take profits in the sense that it is appropriate then a decent profit, for those who do not have a plan it is certain to sell when the price situation drops because he panics and sells in the midst of his losses.
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Holding of altcoins should be dependent on the holders success and I think once you achieve profit then don't hold more as with altcoins the possibility of losing value is always present.
Just think about your target and one should not move his altcoin according to the market but should wait and remain quiet because one day a target will surely be achieved. Some people don't plan as a result of which their last step is panic sell because they don't have set any value for selling their altcoins.
Do not let when the target has been reached then you hold on with the desire that the coin can be but it actually loses its value so this often happens to traders.
In altcoins, we still have to have a target to take profits in the sense that it is appropriate then a decent profit, for those who do not have a plan it is certain to sell when the price situation drops because he panics and sells in the midst of his losses.
The emotion of wanting to gain more profit is a bad emotion, it is greed. and it will always be there in investing, it takes a long time to be able to control it. Because it requires good experience and knowledge. We should have a plan for investing, plan a sales target and do it when we reach it
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I will not completely suggest that you don't hodl altcoins, but each time you're doing such, then be rest assured that you're not working on a wrong timing for that, you need to be strategic with altcoins because they are unpredictable in most scenarios, and we cannot afford to loose or missed out from what we have invested in it, there are times we may have to hodl them, quickly release or even avoid making an investment at that particular time.
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I will not completely suggest that you don't hodl altcoins, but each time you're doing such, then be rest assured that you're not working on a wrong timing for that, you need to be strategic with altcoins because they are unpredictable in most scenarios, and we cannot afford to loose or missed out from what we have invested in it, there are times we may have to hodl them, quickly release or even avoid making an investment at that particular time.
If you buy when the top 10 coins are bearish, both Bitcoin and altcoin, I think that's the right choice because you buy it at the right time and hold it until the bullish season. but if the price is high, it's best to do research on whether the coin has the potential to rise or even fall.
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I've been holding AIRT coin for more than a month, so I think it's a good stake, I recognize if it's a good coin for big values with the number of communities that support it and also with the overall appearance of the project's website and its pre-sales or ICO sales during development on the CEX exchange. The deciding factor was to see the percentage per year or APY which is really big and compares well to a bigger coin like Ethereum.
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I will not completely suggest that you don't hodl altcoins, but each time you're doing such, then be rest assured that you're not working on a wrong timing for that, you need to be strategic with altcoins because they are unpredictable in most scenarios, and we cannot afford to loose or missed out from what we have invested in it, there are times we may have to hodl them, quickly release or even avoid making an investment at that particular time.
If you buy when the top 10 coins are bearish, both Bitcoin and altcoin, I think that's the right choice because you buy it at the right time and hold it until the bullish season. but if the price is high, it's best to do research on whether the coin has the potential to rise or even fall.
Actually, there are many Altcoins that we can hold to get big profits in the future, but sometimes we choose the wrong Altcoin so that we suffer losses and that can make us traumatized.
However, if our choice is correct, this could actually be a trigger for us to continue hunting for good and potential Altcoins.
And I think a good Altcoin doesn't have to be at the top of the ranking, because new Altcoins usually still don't have a ranking in the list.
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Holding altcoins becoming a pain in the ass at this moment. Some of my locals have bought some Altcoins that have some potential to give 5 to 10x ROI in this bull run, but they are suffering huge price manipulation at this moment due to the war and the Bitcoin price correction. Altcoin is not for long-term investment. If people want to make money out of the altcoins, they should buy only the top ten coins. These top ten coins will be able to recover in the future even if they go down for a short term. But people are investing in come name less coins that has no fundamentals and suffering now. I hope the bull run recover their losses.
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Holding altcoins becoming a pain in the ass at this moment. Some of my locals have bought some Altcoins that have some potential to give 5 to 10x ROI in this bull run, but they are suffering huge price manipulation at this moment due to the war and the Bitcoin price correction. Altcoin is not for long-term investment. If people want to make money out of the altcoins, they should buy only the top ten coins. These top ten coins will be able to recover in the future even if they go down for a short term. But people are investing in come name less coins that has no fundamentals and suffering now. I hope the bull run recover their losses.
Good advice, if you want to buy altcoins, the priority choices are the top 10 coins. In terms of popularity, it is clear that these coins are very popular and the chances of returning to ATH are greater if Bitcoin experiences an increase. but if we choose coins from new projects, the risk is very big because they have not been tested by time
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Good advice, if you want to buy altcoins, the priority choices are the top 10 coins. In terms of popularity, it is clear that these coins are very popular and the chances of returning to ATH are greater if Bitcoin experiences an increase. but if we choose coins from new projects, the risk is very big because they have not been tested by time
People mostly follow the trends. The Altcoins market has become like gambling. People who enter the market at the beginning and exit with some profit, are safe. But once the market is already pumped, people join further and then it starts to collapse at some point. The losers are those who have joined later.
I don't understand why people invest in a project that has already pumped more than 20x. Why do they expect further pumps? A token/coin pumped 1000% does not mean it will pump another 1000%. But unfortunately, people invest in projects that is pumped already.
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People mostly follow the trends. The Altcoins market has become like gambling. People who enter the market at the beginning and exit with some profit, are safe. But once the market is already pumped, people join further and then it starts to collapse at some point. The losers are those who have joined later.
I don't understand why people invest in a project that has already pumped more than 20x. Why do they expect further pumps? A token/coin pumped 1000% does not mean it will pump another 1000%. But unfortunately, people invest in projects that is pumped already.
You are right, for those who make an initial entry into a coin that will experience an increase in price and become hype, they are the lucky ones. Let's try to remember when Bitcoin was first launched, the price was very low, if at that time we bought Bitcoin and held it until now of course we would be rich. For new projects, this is more difficult because determining whether the project will be successful requires knowledge and experience in analysis
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You are right, for those who make an initial entry into a coin that will experience an increase in price and become hype, they are the lucky ones. Let's try to remember when Bitcoin was first launched, the price was very low, if at that time we bought Bitcoin and held it until now of course we would be rich. For new projects, this is more difficult because determining whether the project will be successful requires knowledge and experience in analysis
Determining whether a new project is successful or not is very difficult to know, but when they provide allocations to the community in the form of airdrops and other things that can provide benefits to the new project, more and more people will know about this project and will make this project successful.
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You are right, for those who make an initial entry into a coin that will experience an increase in price and become hype, they are the lucky ones. Let's try to remember when Bitcoin was first launched, the price was very low, if at that time we bought Bitcoin and held it until now of course we would be rich. For new projects, this is more difficult because determining whether the project will be successful requires knowledge and experience in analysis
Determining whether a new project is successful or not is very difficult to know, but when they provide allocations to the community in the form of airdrops and other things that can provide benefits to the new project, more and more people will know about this project and will make this project successful.
Aiddrops and bounties are promotional tools to introduce projects. The problem of the success of a project depends on their team in creating whether the project is useful for society or not, and also how their promotion team makes the coin or project become popular and well known to many people.
This is a challenge for the team to put the project in its best position.
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Aiddrops and bounties are promotional tools to introduce projects. The problem of the success of a project depends on their team in creating whether the project is useful for society or not, and also how their promotion team makes the coin or project become popular and well known to many people.
This is a challenge for the team to put the project in its best position.
For airdrop and bounty project are successful depend on braveness the developer how to spent some budget for advertising and make investor interested, right now many airdrop want spent much money in the early not only for advertising but also want to pay fees listing on market or add liquidity.
Promotion is most important way with successful airdrop and bounties but many airdrop participants get disappointed with some airdrop delay distribution coins after early listing on the market. Need to find good airdrop or bounties pay on the early for participant and then listing on the market.
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By the look on how many altcoins havent reached their past ATH and not even close to it, holding altcoins is the only thing that is left. But to be honest, I consider altcoins only for a short term hold, as on a long distance, I have only negative experience of holding them. To make it simple, I might better say that bitcoin is for holding, and all altcoins are for trading. The risk of holding and profit is in-commensurable for me. I have earned more with Bitcoin, then with holding altcoins. And I would say that it is easier to hold bitcoin and wait for profit, then to do research and try to buy new altcoins.
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You are right, for those who make an initial entry into a coin that will experience an increase in price and become hype, they are the lucky ones. Let's try to remember when Bitcoin was first launched, the price was very low, if at that time we bought Bitcoin and held it until now of course we would be rich. For new projects, this is more difficult because determining whether the project will be successful requires knowledge and experience in analysis
We cannot compare today's market with the market of early bitcoin days. The market was tiny as hell and there was almost nothing as a crypto market. I don't know if there was other cryptocurrency besides Bitcoin, but Bitcoin was too unique and some people had trust in it when they saw the whitepaper and the technical explanation from Satoshi.
Compared to this, today's market is too big and there are a lot of alternatives. You don't have to invest in any coin that launches on the market. You have to do your own research before you invest. Check the usecase of the project first and then invest. Do not invest just because some others did the same.
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Holding altcoins becoming a pain in the ass at this moment. Some of my locals have bought some Altcoins that have some potential to give 5 to 10x ROI in this bull run, but they are suffering huge price manipulation at this moment due to the war and the Bitcoin price correction. Altcoin is not for long-term investment. If people want to make money out of the altcoins, they should buy only the top ten coins. These top ten coins will be able to recover in the future even if they go down for a short term. But people are investing in come name less coins that has no fundamentals and suffering now. I hope the bull run recover their losses.
Good advice, if you want to buy altcoins, the priority choices are the top 10 coins. In terms of popularity, it is clear that these coins are very popular and the chances of returning to ATH are greater if Bitcoin experiences an increase. but if we choose coins from new projects, the risk is very big because they have not been tested by time
Investing in altcoins for long term is risky but if you invest in top 10 ranked coins it can make you profit in future. You can invest in all the altcoins that are ranked and popular in CoinmakeCap. When these coins grow with Bitcoin you will surely profit that's why you should choose good coins. Of course you will benefit when the altcoin markets are pumping a lot more when Bitcoin is at peak ATH. And if you choose a new coin to invest in then it is definitely risky, if you invest in them for a long period of time you will face loss. New products are always pumped for a short period of time and then the market price drops too low, in which case you lose your money. So before investing in altcoins you need to check the good coins that have a future, if you invest there you won't face any loss in the future. And altcoin investment is already risky that's why you always have to focus on good coins and if you invest in good coins only you can avoid loss.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
Holding altcoin is always a good option since the altcoin season is not yet come and altcoins and tokens are too volatile compared to Bitcoin.
If you see Bitcoin increase around 3% altcoins or tokens increase more than 30% only if you are lucky to hold a coin or token that you know will skyrocket but that's pretty risky to hold you know if it fails to increase it would die gradually so make sure to always DYOR and always check the news and updates about that altcoin or token so that you can action right away if there's some bad news about it.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
Holding altcoin is always a good option since the altcoin season is not yet come and altcoins and tokens are too volatile compared to Bitcoin.
If you see Bitcoin increase around 3% altcoins or tokens increase more than 30% only if you are lucky to hold a coin or token that you know will skyrocket but that's pretty risky to hold you know if it fails to increase it would die gradually so make sure to always DYOR and always check the news and updates about that altcoin or token so that you can action right away if there's some bad news about it.
Dont how to reply on such a post, when part of altcoins that I have bought in 2021-2023 still havent given me any profit. It sounds that it is a miracle if Bitcoin price makes 3%. While I have few dogecoins that I have bought at 66cents per coin in 2021. It was during altcoin season. So when I see dogecoin price today as 16 cents, I want to ask those who say that altcoins can give 200% profit, or "tokens increase for more than 30%". Where are my 30-200%? I've done research. Dogecoin is not a trash altcoin that will disappear in a year. That is just one example.
When people say that holding altcoins can give huge profit, would you also give example of what and when you have bought. Because without it is sounds like shaking air.
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if you choose a new coin to invest in then it is definitely risky, if you invest in them for a long period of time you will face loss. New products are always pumped for a short period of time and then the market price drops too low, in which case you lose your money. So before investing in altcoins you need to check the good coins that have a future, if you invest there you won't face any loss in the future. And altcoin investment is already risky that's why you always have to focus on good coins and if you invest in good coins only you can avoid loss.
Unfortunately, people choose risky coins to make maximum profit out of it. But then again, they regret doing that when their coin does not reach the desired price range. Most of the new projects fail to attract investors and their projects also do not grow according to their road map. If you invest in a coin that has no use case, it will fail eventually.
People with average knowledge cannot research a project properly. So, they should not invest in a random project. If they want to invest in a project, they should go with the top ten coins on coinmarketcap.
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if you choose a new coin to invest in then it is definitely risky, if you invest in them for a long period of time you will face loss. New products are always pumped for a short period of time and then the market price drops too low, in which case you lose your money. So before investing in altcoins you need to check the good coins that have a future, if you invest there you won't face any loss in the future. And altcoin investment is already risky that's why you always have to focus on good coins and if you invest in good coins only you can avoid loss.
Unfortunately, people choose risky coins to make maximum profit out of it. But then again, they regret doing that when their coin does not reach the desired price range. Most of the new projects fail to attract investors and their projects also do not grow according to their road map. If you invest in a coin that has no use case, it will fail eventually.
People with average knowledge cannot research a project properly. So, they should not invest in a random project. If they want to invest in a project, they should go with the top ten coins on coinmarketcap.
Good advice if you want to invest in coins that have less risk, we should invest in the top 10 coins. because this coin has been proven, it still exists and is valuable today. New coins carry a lot of risk, but if we do good research and can make an analysis of the project for that coin, we also have the opportunity to make big profits from that coin.
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Holding altcoins becoming a pain in the ass at this moment. Some of my locals have bought some Altcoins that have some potential to give 5 to 10x ROI in this bull run, but they are suffering huge price manipulation at this moment due to the war and the Bitcoin price correction. Altcoin is not for long-term investment. If people want to make money out of the altcoins, they should buy only the top ten coins. These top ten coins will be able to recover in the future even if they go down for a short term. But people are investing in come name less coins that has no fundamentals and suffering now. I hope the bull run recover their losses.
Good advice, if you want to buy altcoins, the priority choices are the top 10 coins. In terms of popularity, it is clear that these coins are very popular and the chances of returning to ATH are greater if Bitcoin experiences an increase. but if we choose coins from new projects, the risk is very big because they have not been tested by time
I agree with you, if an investor wants to invest in ALT coins he can invest in any one of the top 10 coins in the market or multiple coins. If an investor uses CoinMarketCap in this case, he will easily know about the top ten ALT coins. If an investor invests in the top ten coins of CoinMarketCap, his investment will be very safe and he will be able to hold this investment for a long time with relatively less risk. In investing in ALT coins many times we make mistakes that we don't invest in the right coins which results in our investment suffering a lot. If one invests in the best coins then the chances of such damage will be very less.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
I agree, if you buy altcoins now you have to determine the sell target, set a sell order because it seems more suitable for the short and medium term. Because altcoin prices are currently high. but if you bought when it was bearish last year it might be more suitable for the long term. We will get bigger profits
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If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
Holding altcoins can be more profitable and can save its holder for losing money but for achieving good results one should focus on top coins that does not drop your money and if unfortunately it goes down then after market recovery it will boost in price again.
Altcoins are good in achieving value when market conditions are suitable so don't drop your money by Investing in scam projects and hold some successful projects this time which will rise to allow you to get your deserved profit during the good effects of halving which will be at the end of this year or in 2025.
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If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
Holding altcoins can be more profitable and can save its holder for losing money but for achieving good results one should focus on top coins that does not drop your money and if unfortunately it goes down then after market recovery it will boost in price again.
Altcoins are good in achieving value when market conditions are suitable so don't drop your money by Investing in scam projects and hold some successful projects this time which will rise to allow you to get your deserved profit during the good effects of halving which will be at the end of this year or in 2025.
Well, that's right. And maybe some altcoins that already have a good marketcap ranking could also be a good choice. because the cmc ranking is actually proof that their fundamentals are quite strong and the community also trusts them. And we should avoid unclear altcoins such as new token projects that lack fundamental clarity.
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I agree, if you buy altcoins now you have to determine the sell target, set a sell order because it seems more suitable for the short and medium term. Because altcoin prices are currently high. but if you bought when it was bearish last year it might be more suitable for the long term. We will get bigger profits
Even we buy altcoins in 2022 or 2023, we also need to have a goal. So, it is not only making a goal if we buy altcoins now. Every time we buy altcoins, we must know the goal firstly. However, if the altcoins season will happen in the near future, it is good to set a short term goal.
I think the price of altcoins aren't very high now. There are many altcoins that still can't increase significantly. Only few altcoins that can increase well and continuously. Many of them still can't show big progress.
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I am completely new to holding altcoins, I have two of them, USDT and AIRT. Both are absolutely different, the only thing they have in common is the network on which they developed. Profits are different as well as the trading situation and the value in the rest. I keep them for a month in total. For AIRT, I decided to have a stack method on their website where NFTs are available for creation and sale. The price of Presale is higher than the current price, it is predicted that it will be sold for more.
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Well, you are right. Ethereum and Solana are good altcoins. You can definitely hold them for a long time. They are relatively well established coins. But many other altcoins are not safe for holding long term. So, if you are planning to buy and hold new altcoins then you have to research well about the projects.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
I agree, if you buy altcoins now you have to determine the sell target, set a sell order because it seems more suitable for the short and medium term. Because altcoin prices are currently high. but if you bought when it was bearish last year it might be more suitable for the long term. We will get bigger profits
Determining the target selling price in market conditions like this certainly does not need to be a fairly high price because it carries a very high risk, it is better to determine a price with a profit of 10-15% which is sufficient. After that, wait until the altcoin price collapses again and buy again.
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Determining the target selling price in market conditions like this certainly does not need to be a fairly high price because it carries a very high risk, it is better to determine a price with a profit of 10-15% which is sufficient. After that, wait until the altcoin price collapses again and buy again.
Targeting a 10% profit in the short term is reasonable. Moreover, currently Bitcoin seems to be struggling to rise to more than $70K. If you are patient, it's best to keep holding and wait for the market to improve. but if you want short term profits, you can target selling with a target of 10%
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Determining the target selling price in market conditions like this certainly does not need to be a fairly high price because it carries a very high risk, it is better to determine a price with a profit of 10-15% which is sufficient. After that, wait until the altcoin price collapses again and buy again.
Targeting a 10% profit in the short term is reasonable. Moreover, currently Bitcoin seems to be struggling to rise to more than $70K. If you are patient, it's best to keep holding and wait for the market to improve. but if you want short term profits, you can target selling with a target of 10%
It seems that the price of bitcoin is having difficulty increasing in price because it seems that currently the price tends to stabilize below the $70k mark. With price movement conditions like that, it will make it difficult for us to make a profit of 10% every day.
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Determining the target selling price in market conditions like this certainly does not need to be a fairly high price because it carries a very high risk, it is better to determine a price with a profit of 10-15% which is sufficient. After that, wait until the altcoin price collapses again and buy again.
Targeting a 10% profit in the short term is reasonable. Moreover, currently Bitcoin seems to be struggling to rise to more than $70K. If you are patient, it's best to keep holding and wait for the market to improve. but if you want short term profits, you can target selling with a target of 10%
It seems that the price of bitcoin is having difficulty increasing in price because it seems that currently the price tends to stabilize below the $70k mark. With price movement conditions like that, it will make it difficult for us to make a profit of 10% every day.
Maybe we could take a bigger risk by trading in a new meme coin, but this is very high risk. If you don't have experience, it's best not to do it. If you want to be safe, become a holder. This is safer to do and of course requires capital that really won't be used in the near future
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
Sometimes investing in altcoins can provide large profits. But there is no way to know which altcoins will make a good impact in a bullish market. Moreover, new coins come into the market during every bullish market and investors can invest there and become profitable. However, currently the number of coins is very high where even fundamentally strong projects often fail to attract the attention of buyers in the market. Hence an investor must exercise utmost caution. I would always recommend investing in top level altcoins. Who can survive even in a bearish market.
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Determining the target selling price in market conditions like this certainly does not need to be a fairly high price because it carries a very high risk, it is better to determine a price with a profit of 10-15% which is sufficient. After that, wait until the altcoin price collapses again and buy again.
Targeting a 10% profit in the short term is reasonable. Moreover, currently Bitcoin seems to be struggling to rise to more than $70K. If you are patient, it's best to keep holding and wait for the market to improve. but if you want short term profits, you can target selling with a target of 10%
It seems that the price of bitcoin is having difficulty increasing in price because it seems that currently the price tends to stabilize below the $70k mark. With price movement conditions like that, it will make it difficult for us to make a profit of 10% every day.
Maybe we could take a bigger risk by trading in a new meme coin, but this is very high risk. If you don't have experience, it's best not to do it. If you want to be safe, become a holder. This is safer to do and of course requires capital that really won't be used in the near future
For Holding Meme Coin is the worst choice. As much hype as new meme coins like Doge, SHIB raised in crypto market is only for Elon musk and everything has a limitation so I don't think now or in future Elon Musk will tweet about any new meme coin and create unstable environment in the market. Currently only Bitcoin, ETH, BNB and SOL will be the best choice for holding. And the future of these can be expected very well.
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Maybe we could take a bigger risk by trading in a new meme coin, but this is very high risk. If you don't have experience, it's best not to do it. If you want to be safe, become a holder. This is safer to do and of course requires capital that really won't be used in the near future
Everything we do in the world of trading will always have risks. The risks we face will take various forms, from small risks to very large risks. But when you have entered cryptocurrency then it means you already understand the risks. Meme coins have very high risks but will also provide high profits when we find meme coins that are capable of increasing prices by more than 50x.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
- Only we ourselves know if the altcoins we want to hold long-term or short-term are good or not. This is if we do proper research on each cryptocurrency.
If we don't know how to conduct research, our capital will be wasted in the end.
But most of the other communities here are just hyped most of the time, so they invest without doing any research about it. And the majority also failed because they were also at fault or made a mistake as to why the capital led to nothing.
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Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.
So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
- Only we ourselves know if the altcoins we want to hold long-term or short-term are good or not. This is if we do proper research on each cryptocurrency.
If we don't know how to conduct research, our capital will be wasted in the end.
But most of the other communities here are just hyped most of the time, so they invest without doing any research about it. And the majority also failed because they were also at fault or made a mistake as to why the capital led to nothing.
I am partially agree with you not full agree, because you told end of the day result will zero, we kno huge altcoin available in cryptocurrency. But all are not fake or bad. Some altcoin are good and thats are creat It's position on cryptocurrency market.
So i think hold altcoin will not bad.. But for holding at first we need huge research.
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I am partially agree with you not full agree, because you told end of the day result will zero, we kno huge altcoin available in cryptocurrency. But all are not fake or bad. Some altcoin are good and thats are creat It's position on cryptocurrency market.
So i think hold altcoin will not bad.. But for holding at first we need huge research.
Got more bad experienced when holding many fake altcoin and finally become scam give me reason be careful when holding altcoin, better learn firstly with how strong fundamental with some altcoin and their community will exist for longer time and potential price increasing every year?
I found many altcoin difficult wake up to higher price and give bad experience for holder loss much money with altcoin investment, easily altcoin listing on many market every day give us more careful when investing in altcoin without make any research yet.
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I am partially agree with you not full agree, because you told end of the day result will zero, we kno huge altcoin available in cryptocurrency. But all are not fake or bad. Some altcoin are good and thats are creat It's position on cryptocurrency market.
So i think hold altcoin will not bad.. But for holding at first we need huge research.
Got more bad experienced when holding many fake altcoin and finally become scam give me reason be careful when holding altcoin, better learn firstly with how strong fundamental with some altcoin and their community will exist for longer time and potential price increasing every year?
I found many altcoin difficult wake up to higher price and give bad experience for holder loss much money with altcoin investment, easily altcoin listing on many market every day give us more careful when investing in altcoin without make any research yet.
At least from your experience, that wasn't good, and I'm sure you learned a lot about it. The bad thing is that we didn't learn anything from our bad experiences, right? That's really how we always learn from our mistakes.
This is what sharpens us so that we can be even more intelligent in buying potential altcoins in this field. So, the majority of what we buy should always be on the top listing in the market, listed on well-known exchanges, and have a good amount of market capital and daily volume in the market as well.
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Hi Folks. I want to understand more about Hodling. I am new to trading and trying to explore options for me and what will work. The articles I have read here so far are really helpful and explains a lot about the toppics I need to know. One thing that I have noticed on the posts are people prefers hodling than trading. How did you guys came up with that decision and also about how long youre going to hodl your Bitcoins? I want to understand how and why you came up with that that decision.
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I am partially agree with you not full agree, because you told end of the day result will zero, we kno huge altcoin available in cryptocurrency. But all are not fake or bad. Some altcoin are good and thats are creat It's position on cryptocurrency market.
So i think hold altcoin will not bad.. But for holding at first we need huge research.
Got more bad experienced when holding many fake altcoin and finally become scam give me reason be careful when holding altcoin, better learn firstly with how strong fundamental with some altcoin and their community will exist for longer time and potential price increasing every year?
I found many altcoin difficult wake up to higher price and give bad experience for holder loss much money with altcoin investment, easily altcoin listing on many market every day give us more careful when investing in altcoin without make any research yet.
At least from your experience, that wasn't good, and I'm sure you learned a lot about it. The bad thing is that we didn't learn anything from our bad experiences, right? That's really how we always learn from our mistakes.
This is what sharpens us so that we can be even more intelligent in buying potential altcoins in this field. So, the majority of what we buy should always be on the top listing in the market, listed on well-known exchanges, and have a good amount of market capital and daily volume in the market as well.
Yes, at least we must always learn from bad experiences and try to understand mistakes by learning to analyze better so that the same mistakes don't happen. Because with the experience we gain, we will be more careful.
What you mentioned earlier, if the coins you own are always listed above and listed on a well-known exchange, of course they are potential and safe kij coins to invest in.
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Yes, at least we must always learn from bad experiences and try to understand mistakes by learning to analyze better so that the same mistakes don't happen. Because with the experience we gain, we will be more careful.
What you mentioned earlier, if the coins you own are always listed above and listed on a well-known exchange, of course they are potential and safe kij coins to invest in.
Experience is the best teacher for survival, therefore we really have to keep increasing our trading experience by trying something new, currently many new projects and networks have been created, we have to keep trying to gain experience that might give us a lot of profit, Security and risk will always be present in our lives, so we must remain brave enough to take existing risks.
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Yes, at least we must always learn from bad experiences and try to understand mistakes by learning to analyze better so that the same mistakes don't happen. Because with the experience we gain, we will be more careful.
What you mentioned earlier, if the coins you own are always listed above and listed on a well-known exchange, of course they are potential and safe kij coins to invest in.
Experience is the best teacher for survival, therefore we really have to keep increasing our trading experience by trying something new, currently many new projects and networks have been created, we have to keep trying to gain experience that might give us a lot of profit, Security and risk will always be present in our lives, so we must remain brave enough to take existing risks.
Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.
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Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.
In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.
Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.
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Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.
In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.
Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.
Risk will always exist in business, if we feel we have confidence in an investment, do research and make an analysis. because with this we can reduce this risk. Likewise investing in crypto, we must have a concept and plan to become a holder or trader, the choice is yours
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Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.
In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.
Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.
Risk will always exist in business, if we feel we have confidence in an investment, do research and make an analysis. because with this we can reduce this risk. Likewise investing in crypto, we must have a concept and plan to become a holder or trader, the choice is yours
If you don't want to take high risks then you can invest in bitcoin, I would say directly to bitcoin rather than using the phrase cryptocurrency, cryptocurrency has many digital currencies which cannot necessarily provide profits and have small risks, but when I focus more to say bitcoin then it should be the best choice for long term investment because it has less risk
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If you don't want to take high risks then you can invest in bitcoin, I would say directly to bitcoin rather than using the phrase cryptocurrency, cryptocurrency has many digital currencies which cannot necessarily provide profits and have small risks, but when I focus more to say bitcoin then it should be the best choice for long term investment because it has less risk
I agree with you, if you want to invest safely, rather than having to bother choosing lots of coins by doing research, you can buy bitcoin when the price of bitcoin is still low and hold it for the long term. For altcoin choices, we can buy ethereum, BNB and Solana
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I agree with you, if you want to invest safely, rather than having to bother choosing lots of coins by doing research, you can buy bitcoin when the price of bitcoin is still low and hold it for the long term. For altcoin choices, we can buy ethereum, BNB and Solana
Its most safer altcoin for holding between Ethereum and BNB because both coins easily recovery back to higher price after getting dump. I remember with Ethereum almost down under $1k but since bitcoin success reach new higher price get up again almost raise to $4k and currently stuck around $3k.
The same scenario with BNB, after dropping under $150 and right now get amazing increasing price after recovering up to $600. I think both altcoin easily and faster recovery difference with other altcoin difficult return back to higher price.
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I agree with you, if you want to invest safely, rather than having to bother choosing lots of coins by doing research, you can buy bitcoin when the price of bitcoin is still low and hold it for the long term. For altcoin choices, we can buy ethereum, BNB and Solana
If we want to invest in a safe way, we must avoid to invest in too many coins. We must invest in few coins only, just choose the most recommended coins. Just ignore the random coins because the chance of a lose is too high in this type of coins. We also need to focus on old coins only because they have been proven for safe coins. ETH, BNB, SOL, MATIC, DOT, TRX, XLM, BNB, ADA, and HBAR are the examples of trusted coins.
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I agree with you, if you want to invest safely, rather than having to bother choosing lots of coins by doing research, you can buy bitcoin when the price of bitcoin is still low and hold it for the long term. For altcoin choices, we can buy ethereum, BNB and Solana
If we want to invest in a safe way, we must avoid to invest in too many coins. We must invest in few coins only, just choose the most recommended coins. Just ignore the random coins because the chance of a lose is too high in this type of coins. We also need to focus on old coins only because they have been proven for safe coins. ETH, BNB, SOL, MATIC, DOT, TRX, XLM, BNB, ADA, and HBAR are the examples of trusted coins.
You mentioned several types of altcoins which in my opinion have very high risks, even though you have said not to invest too much in several coins on the exchange, I prefer to invest in the four big coinmarketcaps such as Bitcoin, Ethereum, BNB and Solana .