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Author Topic: HODLing Altcoins  (Read 10625 times)

Offline ScamViruS

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Re: HODLing Altcoins
« Reply #165 on: March 27, 2024, 10:59:36 PM »
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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Re: HODLing Altcoins
« Reply #165 on: March 27, 2024, 10:59:36 PM »

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Offline debra

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Re: HODLing Altcoins
« Reply #166 on: March 27, 2024, 11:57:43 PM »
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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Re: HODLing Altcoins
« Reply #167 on: March 28, 2024, 10:25:02 AM »
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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Re: HODLing Altcoins
« Reply #168 on: March 28, 2024, 10:38:46 AM »
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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Offline ScamViruS

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Re: HODLing Altcoins
« Reply #169 on: March 28, 2024, 06:29:42 PM »
~~~

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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Re: HODLing Altcoins
« Reply #170 on: March 28, 2024, 07:46:41 PM »
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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Offline dekafee79

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Re: HODLing Altcoins
« Reply #171 on: March 28, 2024, 08:45:55 PM »
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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Re: HODLing Altcoins
« Reply #171 on: March 28, 2024, 08:45:55 PM »


Offline Gladitorcomeback

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Re: HODLing Altcoins
« Reply #172 on: March 29, 2024, 04:39:54 AM »
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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Online SmartGold01

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Re: HODLing Altcoins
« Reply #173 on: March 29, 2024, 10:51:11 AM »
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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Re: HODLing Altcoins
« Reply #174 on: March 29, 2024, 01:53:33 PM »
  • 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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Re: HODLing Altcoins
« Reply #175 on: March 29, 2024, 02:58:25 PM »
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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Re: HODLing Altcoins
« Reply #176 on: March 29, 2024, 06:58:05 PM »
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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Offline bounceback

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Re: HODLing Altcoins
« Reply #177 on: March 29, 2024, 09:23:50 PM »
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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Re: HODLing Altcoins
« Reply #178 on: March 30, 2024, 05:12:31 PM »
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

Offline Mr. Magkaisa

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Re: HODLing Altcoins
« Reply #179 on: March 30, 2024, 06:41:09 PM »
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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