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 .
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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 .
High risks if we do talk about low caps but we do know that new projects which does have that much better utility in compared into those old ones,then you would really be having those impressions that they could really be having a shot on overtaking those old ones. We've seen several flippings by new ones to those old ones. This is where other traders or investors would really be hunting down with those gems. This is why they would really be trying out their best on trying to search for those low caps because they do know that they could make big money
once they do hit up the right project.
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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 .
High risks if we do talk about low caps but we do know that new projects which does have that much better utility in compared into those old ones,then you would really be having those impressions that they could really be having a shot on overtaking those old ones. We've seen several flippings by new ones to those old ones. This is where other traders or investors would really be hunting down with those gems. This is why they would really be trying out their best on trying to search for those low caps because they do know that they could make big money
once they do hit up the right project.
In determining the choice of a new project or an old project, we must understand their project. Because there are still many old projects that still have potential and their coins are in the top 10 coins. I still like the old project because it has good fundamentals. but many new projects also have good projects, which in the future will replace old projects.
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In determining the choice of a new project or an old project, we must understand their project. Because there are still many old projects that still have potential and their coins are in the top 10 coins. I still like the old project because it has good fundamentals. but many new projects also have good projects, which in the future will replace old projects.
It is not possible that old coins can be replaced by new coins because the old coin which included Bitcoin, ethereum, BNB, Solana and many more are so successful that other coins can become successful like these coins but no coin can ever replace these coins. We should have firm faith in our investment in old coins because if our trust decreases then our decision will also change as Bitcoin and Ethereum holders are successful because they have trust in them which help them to stay calm during market dump.
New coins are also successful but all of them are not able to give you profit therefore we should not compare new coins with old coins because old coins are successful and are becoming more successful but some new coins become worthless with sudden market changes.
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Its very good to hold but you must know the altcoin to have this practice on if not you may loose beyond expectations, some people have invested on shitcoins and on the same vein hodl some of these and thinking that there will be more to disclose to them and earn after they have invested without knowing that things could instead get more worse and they cannot afford not to loose the more as long as they are still holding on their shitcoins.
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Its very good to hold but you must know the altcoin to have this practice on if not you may loose beyond expectations, some people have invested on shitcoins and on the same vein hodl some of these and thinking that there will be more to disclose to them and earn after they have invested without knowing that things could instead get more worse and they cannot afford not to loose the more as long as they are still holding on their shitcoins.
If we talk about Altcoins that are suitable for holding, we have to look for altcoins that have great potential. So far, Ethereum and BNB have become altcoins that are suitable for long-term holding, as you said above, there are currently a lot of shitcoins being created, so we have to be careful when we want to buy Altcoins and make sure we have done a good analysis.
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Its very good to hold but you must know the altcoin to have this practice on if not you may loose beyond expectations, some people have invested on shitcoins and on the same vein hodl some of these and thinking that there will be more to disclose to them and earn after they have invested without knowing that things could instead get more worse and they cannot afford not to loose the more as long as they are still holding on their shitcoins.
If we talk about Altcoins that are suitable for holding, we have to look for altcoins that have great potential. So far, Ethereum and BNB have become altcoins that are suitable for long-term holding, as you said above, there are currently a lot of shitcoins being created, so we have to be careful when we want to buy Altcoins and make sure we have done a good analysis.
The coin you mentioned is a coin that is safe to hold, especially if we buy it at the lowest price and hold it until bullish, this is very profitable. Because ethereum and BNB are two coins that are always in the top 5 coins, currently I also hold Soluna and several other potential altcouns such as Tron and Ripple. As for shitcoins, honestly I don't have them and don't want to buy them either.
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Its very good to hold but you must know the altcoin to have this practice on if not you may loose beyond expectations, some people have invested on shitcoins and on the same vein hodl some of these and thinking that there will be more to disclose to them and earn after they have invested without knowing that things could instead get more worse and they cannot afford not to loose the more as long as they are still holding on their shitcoins.
If we talk about Altcoins that are suitable for holding, we have to look for altcoins that have great potential. So far, Ethereum and BNB have become altcoins that are suitable for long-term holding, as you said above, there are currently a lot of shitcoins being created, so we have to be careful when we want to buy Altcoins and make sure we have done a good analysis.
- In this bull run that we are facing right now, I have actually seen a lot of potential altcoins that can really give us a good return in the end. So if our target is big profit in crypto, it's really good that I focus on altcoins. Because if I only focus on Bitcoin, I won't be able to achieve my main target profit goal because I don't have a huge amount of capital to buy a large amount of Bitcoin.
We know that the potential return of Bitcoin is only around 5x-7x retrun, unlike altcoins, which are more than 10x up to 100x, which is where my target is quite achievable, as long as I am sure of the altcoins that I will buy, and that's why it's always listed at the top of the market.
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- In this bull run that we are facing right now, I have actually seen a lot of potential altcoins that can really give us a good return in the end. So if our target is big profit in crypto, it's really good that I focus on altcoins. Because if I only focus on Bitcoin, I won't be able to achieve my main target profit goal because I don't have a huge amount of capital to buy a large amount of Bitcoin.
We know that the potential return of Bitcoin is only around 5x-7x retrun, unlike altcoins, which are more than 10x up to 100x, which is where my target is quite achievable, as long as I am sure of the altcoins that I will buy, and that's why it's always listed at the top of the market.
I agree with your thinking, now is the right time to buy potential altcoin, because the market is beariush and many potential altcoins experience profits. Altcoin can provide greater profits than Bitcoin, this is true. And I have also started buying a few top koins and will hold it until the target is achieved.
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- In this bull run that we are facing right now, I have actually seen a lot of potential altcoins that can really give us a good return in the end. So if our target is big profit in crypto, it's really good that I focus on altcoins. Because if I only focus on Bitcoin, I won't be able to achieve my main target profit goal because I don't have a huge amount of capital to buy a large amount of Bitcoin.
We know that the potential return of Bitcoin is only around 5x-7x retrun, unlike altcoins, which are more than 10x up to 100x, which is where my target is quite achievable, as long as I am sure of the altcoins that I will buy, and that's why it's always listed at the top of the market.
I agree with your thinking, now is the right time to buy potential altcoin, because the market is beariush and many potential altcoins experience profits. Altcoin can provide greater profits than Bitcoin, this is true. And I have also started buying a few top koins and will hold it until the target is achieved.
I never dare to put all my hopes on altcoins because after all if the altcoin cannot rise then you will still lose while altcoins will be difficult to rise when their projects are not developing.
Although with some of the top altcoins this will also not maximize your profits maybe the top altcoins can only go up 5x when bullish when you expect altcoins with a 10x or 100x increase then it must be altcoins with low market capitalization while this is very prone to altcoins that cannot be pumped. I will avoid altcoins and will not put hopes for a 10x increase or more.
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- In this bull run that we are facing right now, I have actually seen a lot of potential altcoins that can really give us a good return in the end. So if our target is big profit in crypto, it's really good that I focus on altcoins. Because if I only focus on Bitcoin, I won't be able to achieve my main target profit goal because I don't have a huge amount of capital to buy a large amount of Bitcoin.
We know that the potential return of Bitcoin is only around 5x-7x retrun, unlike altcoins, which are more than 10x up to 100x, which is where my target is quite achievable, as long as I am sure of the altcoins that I will buy, and that's why it's always listed at the top of the market.
I agree with your thinking, now is the right time to buy potential altcoin, because the market is beariush and many potential altcoins experience profits. Altcoin can provide greater profits than Bitcoin, this is true. And I have also started buying a few top koins and will hold it until the target is achieved.
I never dare to put all my hopes on altcoins because after all if the altcoin cannot rise then you will still lose while altcoins will be difficult to rise when their projects are not developing.
Although with some of the top altcoins this will also not maximize your profits maybe the top altcoins can only go up 5x when bullish when you expect altcoins with a 10x or 100x increase then it must be altcoins with low market capitalization while this is very prone to altcoins that cannot be pumped. I will avoid altcoins and will not put hopes for a 10x increase or more.
The increase in Altcoin prices cannot be guaranteed because price movements depend on whether the product they are developing in society is very good or not. As long as an Altcoin has a useful product, it will have the potential to increase in price. But market conditions will also be an important factor. When Bitcoin prices enter a bearish season, all coins will also be affected, including Altcoin prices. So far, Altcoins have indeed provided a lot of profit, but there is a very big risk behind it all.
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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 .
High risks if we do talk about low caps but we do know that new projects which does have that much better utility in compared into those old ones,then you would really be having those impressions that they could really be having a shot on overtaking those old ones. We've seen several flippings by new ones to those old ones. This is where other traders or investors would really be hunting down with those gems. This is why they would really be trying out their best on trying to search for those low caps because they do know that they could make big money
once they do hit up the right project.
In determining the choice of a new project or an old project, we must understand their project. Because there are still many old projects that still have potential and their coins are in the top 10 coins. I still like the old project because it has good fundamentals. but many new projects also have good projects, which in the future will replace old projects.
Hodling altcoins is very risky because you might wake up one morning and your bag is on zero value. This is why most people do say that investing in tcoin is like gamble. Currently I don't see any new project that will be able to replace the old ones because the new ones might be created to scam people through pump and dump and we have seen many new projects that came out and didn't survive in the market for long. It is only if the old project fails that we might later see the new coin that will have the potential to replace the old ones. Only invest 10% of your total portfolio in altcoins.
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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 .
High risks if we do talk about low caps but we do know that new projects which does have that much better utility in compared into those old ones,then you would really be having those impressions that they could really be having a shot on overtaking those old ones. We've seen several flippings by new ones to those old ones. This is where other traders or investors would really be hunting down with those gems. This is why they would really be trying out their best on trying to search for those low caps because they do know that they could make big money
once they do hit up the right project.
In determining the choice of a new project or an old project, we must understand their project. Because there are still many old projects that still have potential and their coins are in the top 10 coins. I still like the old project because it has good fundamentals. but many new projects also have good projects, which in the future will replace old projects.
- I really only base it on the marketcap, its daily volume, use case and coin, and the development of what it has in their roadmap, but often only two are fine with me, and that is the marketcap and its daily volume in the exchanges where it is listed.
Of course, when there are many traders doing activity, that means there is a demand for that coin, and in such a crypto, it is really good to invest. And hold it long-term, especially since it is still one of the top-listed altcoins.
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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 .
High risks if we do talk about low caps but we do know that new projects which does have that much better utility in compared into those old ones,then you would really be having those impressions that they could really be having a shot on overtaking those old ones. We've seen several flippings by new ones to those old ones. This is where other traders or investors would really be hunting down with those gems. This is why they would really be trying out their best on trying to search for those low caps because they do know that they could make big money
once they do hit up the right project.
In determining the choice of a new project or an old project, we must understand their project. Because there are still many old projects that still have potential and their coins are in the top 10 coins. I still like the old project because it has good fundamentals. but many new projects also have good projects, which in the future will replace old projects.
Yes an investor needs to get a good idea about the project first. There are many new projects that have good fundamentals and there are many old projects that are depreciated in the long run. I was watching a news feed on the Binance exchange and saw several coins that they will delist because there is relatively no trading volume. So we can't definitely keep only old projects on long term hold. But if we consider more things and invest in top coins, especially Ether, Binance coins, then there is no possibility of losing these coins in the long term. Again Ton Coin has gained a credibility in recent times. Therefore, considering new or old coins in terms of holding, long-term investment in any coin with strong fundamentals increases the possibility of profit.
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Holding alt coins is somewhat risky but trustworthy alt coins can be held. In this case, instead of holding any new coin, the old and reliable coins should be held. But in most cases people prefer holding Bitcoin. Because alt-coins can dump anytime. It is somewhat risky to invest and hold it. But if one has enough knowledge about the market and knows about which alt coins are trustworthy then he can invest and hold in alt coins. But I would say that it is better to invest in any other coin other than Ethereum, Solana, BNB as it is not held for a long time. Because at any time the coins can dump and lose everything.
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Holding alt coins is somewhat risky but trustworthy alt coins can be held. In this case, instead of holding any new coin, the old and reliable coins should be held. But in most cases people prefer holding Bitcoin. Because alt-coins can dump anytime. It is somewhat risky to invest and hold it. But if one has enough knowledge about the market and knows about which alt coins are trustworthy then he can invest and hold in alt coins. But I would say that it is better to invest in any other coin other than Ethereum, Solana, BNB as it is not held for a long time. Because at any time the coins can dump and lose everything.
If you want to safely store coins for a long time, bitcoin is the main choice. Meanwhile, in the 4 year cycle we can buy BNB, Ethereum, Solana during the bearish season and hold until it hits ATH in the bullish season. Top coins are also safe to hold, so you don't need to worry about top coins, because their reputation has been proven.
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Yes of course alt coin can be kept, but we need to be 100% sure that it is sustainable and stable. Because the new coins are uncertain, they can disappear at any time. You definitely don't want to invest in something that is full of high risk. I see that due to the highest faithfulness of the coin, most investors invest in Bitcoin. And the reason for this fidelity is that it does not suddenly dump. The coins at the top of alt coin are also very high fidelity. For example: ETH, BNB, SOL, DOGE, TRX, SHIB, TON, also many more trusted coins come that don't dump suddenly. These coins pump a lot in bull runs. So I would say if you invest in alt coin then invest in these top sustainable coins. They are less risky.
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Holding alt coins is somewhat risky but trustworthy alt coins can be held. In this case, instead of holding any new coin, the old and reliable coins should be held. But in most cases people prefer holding Bitcoin. Because alt-coins can dump anytime. It is somewhat risky to invest and hold it. But if one has enough knowledge about the market and knows about which alt coins are trustworthy then he can invest and hold in alt coins. But I would say that it is better to invest in any other coin other than Ethereum, Solana, BNB as it is not held for a long time. Because at any time the coins can dump and lose everything.
Because of the risk involved investing on altcoins people are always afraid of it because so many persons has lost a fortune because of altcoins investment, and to make the matter more worster numerous of altcoins are being created on a daily basis showing some kind of early qualities of improving so much in the future so that people can start buying it.
In terms of holding the only coins that deserves to be hold is only coin that have a good potential which is why Bitcoin will always be the the best option because the future has every tendency to make most people who have invested huge a millionaire and also in terms of regarding some altcoins ETH ans BNB is okay for me considering the fact that they have been on existence for long and there has not been any bad impressions from them.
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If you want to safely store coins for a long time, bitcoin is the main choice. Meanwhile, in the 4 year cycle we can buy BNB, Ethereum, Solana during the bearish season and hold until it hits ATH in the bullish season. Top coins are also safe to hold, so you don't need to worry about top coins, because their reputation has been proven.
Bitcoin is a good choice for longer term investment but the other coins that you have mentioned are also good if they keep longer because they are top coins and they will enhance the rate as the rate of bitcoin increases.
Ethereum is the top most coin after Bitcoin so one should not leave it during bear season as buying during that time can only show profit during bull season. The success of Top coins are evidently proved so one should buy top coins any time if they want to hold it for a longer l time until Bitcoin shows a good pump because with this pump altcoins will also be altered in worth and will attain huge value.
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Holding alt coins is somewhat risky but trustworthy alt coins can be held. In this case, instead of holding any new coin, the old and reliable coins should be held. But in most cases people prefer holding Bitcoin. Because alt-coins can dump anytime. It is somewhat risky to invest and hold it. But if one has enough knowledge about the market and knows about which alt coins are trustworthy then he can invest and hold in alt coins. But I would say that it is better to invest in any other coin other than Ethereum, Solana, BNB as it is not held for a long time. Because at any time the coins can dump and lose everything.
Because of the risk involved investing on altcoins people are always afraid of it because so many persons has lost a fortune because of altcoins investment, and to make the matter more worster numerous of altcoins are being created on a daily basis showing some kind of early qualities of improving so much in the future so that people can start buying it.
In terms of holding the only coins that deserves to be hold is only coin that have a good potential which is why Bitcoin will always be the the best option because the future has every tendency to make most people who have invested huge a millionaire and also in terms of regarding some altcoins ETH ans BNB is okay for me considering the fact that they have been on existence for long and there has not been any bad impressions from them.
ETH and Bitcoin is BNB is best there has no doubt, i am agree with you. But if we defend only one or two coin it will be very risky i think. We know regularly new now Altcoin involving in cryptocurrency market. Some are bad and some are good. So we have to found good Altcoin from them. And we have to buy and we have to Hold that.
We know Cryptocurrency are always risky so we should verify properly to invest and hold Altcoin.
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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 .
All crypto coins are high risk, you should invest in crypto coins if you don't want to deal with high risk. However, those coins I mentioned above are some recommended coins with have high market caps. Some people may expect to invest in more coins, so I mention more than 5 altcoins. The four big coins you mentioned, I also already mentioned them. Sure, I agree that those coins are more secure coins for investment in crypto space. And I think people must prioritize in 2 coins, BTC and ETH.
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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 .
All crypto coins are high risk, you should invest in crypto coins if you don't want to deal with high risk. However, those coins I mentioned above are some recommended coins with have high market caps. Some people may expect to invest in more coins, so I mention more than 5 altcoins. The four big coins you mentioned, I also already mentioned them. Sure, I agree that those coins are more secure coins for investment in crypto space. And I think people must prioritize in 2 coins, BTC and ETH.
Each coin does have its own risks which in my opinion still have different levels of risk. For Bitcoin the risk is smaller than the risk of Altcoins which in my opinion is very high. Ethereum also has quite high risks. If you want to prioritize then I would give the full choice to Bitcoin. With a very limited supply of Bitcoin, there is still the potential for Bitcoin to become very expensive someday.
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How are you altcoin holder?
did you see the current market price and how percentage decreasing of altcoin? I am still as Solana, Litecoin, Ethereum and BNB holder keep try believing my self with the future potential price recovery and back to higher again.
All of altcoin get decreasing after bitcoin crash under $57k and has chance will make more lower price, for altcoin holder keep hold and calm with your altcoin assets although get more loss during bitcoin price can't stable yet or return back to higher price.
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How are you altcoin holder?
did you see the current market price and how percentage decreasing of altcoin? I am still as Solana, Litecoin, Ethereum and BNB holder keep try believing my self with the future potential price recovery and back to higher again.
All of altcoin get decreasing after bitcoin crash under $57k and has chance will make more lower price, for altcoin holder keep hold and calm with your altcoin assets although get more loss during bitcoin price can't stable yet or return back to higher price.
Yeah, we know that lot of crypto holders are affected by the decreasing of price and some of them are trying to sell their long time holding into a loss. My advice to them is to stay away from the chart, take a break do other stuff that makes you enjoy, because the more we looked at the chart the more negativity that will come into our mind that will destroy our plan. What happens in the market is normal before the price went up and create another all time high.
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How are you altcoin holder?
did you see the current market price and how percentage decreasing of altcoin? I am still as Solana, Litecoin, Ethereum and BNB holder keep try believing my self with the future potential price recovery and back to higher again.
All of altcoin get decreasing after bitcoin crash under $57k and has chance will make more lower price, for altcoin holder keep hold and calm with your altcoin assets although get more loss during bitcoin price can't stable yet or return back to higher price.
In conditions like this we have to be calm, because the market is experiencing a correction and the price of bitcoin has decreased to $58K, if you still have funds it is better to buy potential coins and hold them until early next year. Because there is still a chance that bullishness will occur at the end of this year and early next year, so we don't need to panic. The market will improve again.
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Holding is the best way for those who have no experience in trading because in my opinion holding is less risky than trading. Holding for bitcoin is the best way and you can choose it for long time. But in case of altcoins there is no such guarantee especially from new altcoins you will not get dependable profit or risk free. Coming to your question, for me altcoins are best as short time investment because the amount of risk is high. But top altcoins are always good and you can catch them for long time holding.
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Holding is the best way for those who have no experience in trading because in my opinion holding is less risky than trading. Holding for bitcoin is the best way and you can choose it for long time. But in case of altcoins there is no such guarantee especially from new altcoins you will not get dependable profit or risk free. Coming to your question, for me altcoins are best as short time investment because the amount of risk is high. But top altcoins are always good and you can catch them for long time holding.
Hmm, I can agree with that, top altcoins are good to catch for the long-term holding but you should use a good strategy in order to set a good position. New good Alt projects are way too risky as their circulating supply is not sufficient to make the long-term holding, always do check the circulating supply because if you go for good projects hunting and there are many unlocks pending it can give a hard slap to your portfolio just because of a small ignorance in analysis.
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Holding is the best way for those who have no experience in trading because in my opinion holding is less risky than trading. Holding for bitcoin is the best way and you can choose it for long time.
Even if people who have experience, there is no problem to hold for a long time. Experienced people must hold Bitcoin for a long term, 3-4 years at least. But they may trade other crypto coins as well, it is because they can earn money from altcoins, too. As we know, trading altcoins can be also very profitable, but it surely requires sufficient knowledge.
But in case of altcoins there is no such guarantee especially from new altcoins you will not get dependable profit or risk free. Coming to your question, for me altcoins are best as short time investment because the amount of risk is high. But top altcoins are always good and you can catch them for long time holding.
Even in Bitcoin, there is no guarantee as well. But I agree that altcoins are riskier because they are more volatile and many of them are not very strong coins. We actually have no problem to hold strong altcoins for a long time. Ethereum, BNB, Solana are good altcoins for holding a long time.
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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 .
All crypto coins are high risk, you should invest in crypto coins if you don't want to deal with high risk. However, those coins I mentioned above are some recommended coins with have high market caps. Some people may expect to invest in more coins, so I mention more than 5 altcoins. The four big coins you mentioned, I also already mentioned them. Sure, I agree that those coins are more secure coins for investment in crypto space. And I think people must prioritize in 2 coins, BTC and ETH.
Each coin does have its own risks which in my opinion still have different levels of risk. For Bitcoin the risk is smaller than the risk of Altcoins which in my opinion is very high. Ethereum also has quite high risks. If you want to prioritize then I would give the full choice to Bitcoin. With a very limited supply of Bitcoin, there is still the potential for Bitcoin to become very expensive someday.
Bitcoin is the least risky of all coins. Because Bitcoin doesn't pump or dump like other coins. It pumps and dumps with a stability of its own. Therefore, investing in bitcoins is much less risky than holding other coins. and right after Bitcoin, there is ETH's position, because ETH is more stable compared to other altcoins, ETH is completely behind Bitcoin, ETH trying to pump and dump with Bitcoin. So we will try to invest in Bitcoin and ETH. These 2 coins will give us much less risk than other coin.
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Holding alt coins is somewhat risky but trustworthy alt coins can be held. In this case, instead of holding any new coin, the old and reliable coins should be held. But in most cases people prefer holding Bitcoin. Because alt-coins can dump anytime. It is somewhat risky to invest and hold it. But if one has enough knowledge about the market and knows about which alt coins are trustworthy then he can invest and hold in alt coins. But I would say that it is better to invest in any other coin other than Ethereum, Solana, BNB as it is not held for a long time. Because at any time the coins can dump and lose everything.
Because of the risk involved investing on altcoins people are always afraid of it because so many persons has lost a fortune because of altcoins investment, and to make the matter more worster numerous of altcoins are being created on a daily basis showing some kind of early qualities of improving so much in the future so that people can start buying it.
In terms of holding the only coins that deserves to be hold is only coin that have a good potential which is why Bitcoin will always be the the best option because the future has every tendency to make most people who have invested huge a millionaire and also in terms of regarding some altcoins ETH ans BNB is okay for me considering the fact that they have been on existence for long and there has not been any bad impressions from them.
- This Bitcoin given is proven and tested; if you are one of those who want to have a big profit in this matter, the top-listed altcoins should be your investment of choice. Don't invest in a newly created crypto in this field unless there is a good community that has been built immediately, the partners who support the coin are heavy, and there is an immediate good result from its market capital and daily volume in the market.
But of course, as long as you can, the one on the top list is what you prioritize buying, and then hold on to it for the long term if you know that your knowledge of crypto trading and cryptocurrency is still lacking or not enough. .
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In conditions like this we have to be calm, because the market is experiencing a correction and the price of bitcoin has decreased to $58K, if you still have funds it is better to buy potential coins and hold them until early next year. Because there is still a chance that bullishness will occur at the end of this year and early next year, so we don't need to panic. The market will improve again.
Since significant dropping last two days ago, bitcoin have recovery awhile and need patience waiting return back to higher price. Need be calm facing how bitcoin downtrend moment and I think we faced many time or experienced with bitcoin price dropping drastically more than how bad news yesterday.
I see bitcoin get god recovery and give potential for altcoin will return back again to higher price, bit if bitcoin has chance with another correction need more calm waiting altcoin price recovery back to higher price.
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Since significant dropping last two days ago, bitcoin have recovery awhile and need patience waiting return back to higher price. Need be calm facing how bitcoin downtrend moment and I think we faced many time or experienced with bitcoin price dropping drastically more than how bad news yesterday.
I see bitcoin get god recovery and give potential for altcoin will return back again to higher price, bit if bitcoin has chance with another correction need more calm waiting altcoin price recovery back to higher price.
Hmm, there are a lot of meme regarding the alt coins, which are facts as well Bitcoin hit a drop of 5% to 8% it slaps the alt coins in the market and they drop by 20% to 50% and the altcoins drop slap the shitcoins and they drop by 90%. Well that's a fact on a large time frame. and this is how they got dumped.
(https://talkimg.com/images/2024/07/06/o3WAw.gif)
Bitcoin recovers on a slower rate but with altcoins with their low capital recovers on a greater speed, i was looking most of alt coins were pump today by 8% to 10% while Bitcoin showed a movement of 2%.
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Since significant dropping last two days ago, bitcoin have recovery awhile and need patience waiting return back to higher price. Need be calm facing how bitcoin downtrend moment and I think we faced many time or experienced with bitcoin price dropping drastically more than how bad news yesterday.
I see bitcoin get god recovery and give potential for altcoin will return back again to higher price, bit if bitcoin has chance with another correction need more calm waiting altcoin price recovery back to higher price.
Hmm, there are a lot of meme regarding the alt coins, which are facts as well Bitcoin hit a drop of 5% to 8% it slaps the alt coins in the market and they drop by 20% to 50% and the altcoins drop slap the shitcoins and they drop by 90%. Well that's a fact on a large time frame. and this is how they got dumped.
(https://talkimg.com/images/2024/07/06/o3WAw.gif)
Bitcoin recovers on a slower rate but with altcoins with their low capital recovers on a greater speed, i was looking most of alt coins were pump today by 8% to 10% while Bitcoin showed a movement of 2%.
Bitcoin is the most influential cryptocurrency in the cryptocurrency space whose price changes affect the entire crypto market. 5-7% percent drop in the price of Bitcoin is a big change for other altcoins, with some altcoins losing as much as 15-50%. And that's why altcoins are often considered as shit coins. Altcoins have low market caps that can change rapidly in a short period of time, which is not possible with Bitcoin. If an altcoin gains, it doesn't take much time and at the same time lose value rapidly. Such changes occur due to various factors including overall market conditions. But for those who don't want to take any investment risk, investing in Bitcoin will be relatively safe.
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In conditions like this we have to be calm, because the market is experiencing a correction and the price of bitcoin has decreased to $58K, if you still have funds it is better to buy potential coins and hold them until early next year. Because there is still a chance that bullishness will occur at the end of this year and early next year, so we don't need to panic. The market will improve again.
Since significant dropping last two days ago, bitcoin have recovery awhile and need patience waiting return back to higher price. Need be calm facing how bitcoin downtrend moment and I think we faced many time or experienced with bitcoin price dropping drastically more than how bad news yesterday.
I see bitcoin get god recovery and give potential for altcoin will return back again to higher price, bit if bitcoin has chance with another correction need more calm waiting altcoin price recovery back to higher price.
Bitcoin experienced a sharp decline this week which caused the prices of almost all altcoins to decline, it seems that Bitcoin prices have started to bounce back to touch $58K, although they have fallen back to $57K. It's best to wait and buy some potential coins, as it looks like we'll see this go on for much longer
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In conditions like this we have to be calm, because the market is experiencing a correction and the price of bitcoin has decreased to $58K, if you still have funds it is better to buy potential coins and hold them until early next year. Because there is still a chance that bullishness will occur at the end of this year and early next year, so we don't need to panic. The market will improve again.
Since significant dropping last two days ago, bitcoin have recovery awhile and need patience waiting return back to higher price. Need be calm facing how bitcoin downtrend moment and I think we faced many time or experienced with bitcoin price dropping drastically more than how bad news yesterday.
I see bitcoin get god recovery and give potential for altcoin will return back again to higher price, bit if bitcoin has chance with another correction need more calm waiting altcoin price recovery back to higher price.
I guess that's what we needed here, more patience, although for sure being in the game for so long, most of the time, we might not be affected by the price movement going down, it is what it is, market price goes up and down all the time.
As for holding altcoins, those solid altcoin the market are the best coins, no memes or shitcoins.
@dekafee79 - yeah, but if you look at it, https://coinmarketcap.com/gainers-losers/, I'm sorry to say most on the list might be for pure pump and dump scheme.
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I guess that's what we needed here, more patience, although for sure being in the game for so long, most of the time, we might not be affected by the price movement going down, it is what it is, market price goes up and down all the time.
As for holding altcoins, those solid altcoin the market are the best coins, no memes or shitcoins.
Without realizing it, we have been patient enough to wait for bitcoin to reach ATH again, and that patience is one of the keys to our success in making a profit from bitcoin.
Without patience we will never be able to make a profit, even if we can feel the profit, it might only be a small profit because we will rush to sell when we see an increase in our portfolio. Patience has brought us to the point where we feel the happiness of the profit we get from the increase in bitcoin.
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Without realizing it, we have been patient enough to wait for bitcoin to reach ATH again, and that patience is one of the keys to our success in making a profit from bitcoin.
Without patience we will never be able to make a profit, even if we can feel the profit, it might only be a small profit because we will rush to sell when we see an increase in our portfolio. Patience has brought us to the point where we feel the happiness of the profit we get from the increase in bitcoin.
In the end, the person who patiently becomes a Hodler is the one who wins or makes a big profit. In bitcoin we have seen many who can do this. And I think people who have started accumulating bitcoin since the bear market and have been patient until now are also smiling happily right now. Because he will see his portfolio has doubled. Because bitcoin in the bear market even reached a price of 16k and people who dare to accumulate it since then and save it until now or even remain patient until next year, I'm sure they will get a bigger profit. In investing, patience is very necessary.
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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?
You’re absolutely right—trading often carries higher risks compared to HODLing, especially for beginners. The recent $650 million in long liquidations is a stark reminder of the volatility and potential pitfalls of active trading, especially with altcoins.
Regarding HODLing Altcoins:
Assessing Altcoin Potential:
Technology and Use Case: Look for altcoins with strong technological foundations and practical use cases. Projects with innovative solutions or unique technology often have better long-term prospects.
#DevelopmentTeam : A solid and active #DevelopmentTeam can be a good indicator of an altcoin’s potential longevity and success. Check their track record and ongoing projects.
Community and Adoption: Strong community support and growing adoption can drive an altcoin’s success. Look at the size and engagement of the community and the partnerships or integrations with other platforms.
Market Position: Consider the altcoin’s market cap and its position within the industry. Established altcoins with significant market presence might have a better chance of long-term success.
Regulatory Compliance: Ensure that the altcoin complies with regulatory standards to avoid future legal issues that could affect its viability.
HODLing Timeframe:
Bitcoin: As a well-established asset, Bitcoin has a long track record and is often considered a reliable long-term hold.
Ethereum: Ethereum’s potential for long-term HODLing is supported by its foundational role in smart contracts and decentralized applications.
Solana: While relatively newer, Solana’s technological advancements and growing ecosystem could make it a good candidate for a 2-year hold, but always stay updated with its development.
Other Altcoins: For other altcoins, the timeframe for HODLing can vary based on their technology, adoption, and market conditions. A general approach is to evaluate them periodically and adjust your strategy as needed.
My Altcoin HODLing List:
Ethereum (ETH): Given its integral role in the blockchain ecosystem, I’m confident in holding ETH for the long term.
Solana (SOL): I believe in its potential for growth, but I monitor its progress closely.
Other Altcoins: I keep an eye on projects with promising technology and adoption but remain flexible and ready to adapt based on new developments.
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Without realizing it, we have been patient enough to wait for bitcoin to reach ATH again, and that patience is one of the keys to our success in making a profit from bitcoin.
Without patience we will never be able to make a profit, even if we can feel the profit, it might only be a small profit because we will rush to sell when we see an increase in our portfolio. Patience has brought us to the point where we feel the happiness of the profit we get from the increase in bitcoin.
In the end, the person who patiently becomes a Hodler is the one who wins or makes a big profit. In bitcoin we have seen many who can do this. And I think people who have started accumulating bitcoin since the bear market and have been patient until now are also smiling happily right now. Because he will see his portfolio has doubled. Because bitcoin in the bear market even reached a price of 16k and people who dare to accumulate it since then and save it until now or even remain patient until next year, I'm sure they will get a bigger profit. In investing, patience is very necessary.
We may have heard a lot about this phrase, "holders are winners" and that's what we feel when holding bitcoin. Although the time we need is very long, but it is comparable to what we get.
Those who sold when there was a slight increase I think they will start to regret when they know that now bitcoin is touching 66k at the time I posted this, and it was even higher. And I personally have confidence that we will see another increase.
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Without realizing it, we have been patient enough to wait for bitcoin to reach ATH again, and that patience is one of the keys to our success in making a profit from bitcoin.
Since the previous bullrun season, we are already waiting for almost 3 years. Bitcoin actually already reached a new ATH, it is $73,750. But we all believe it is not the peak of Bitcoin price yet. If we consider the previous ATH, it should be much higher than $73,750. People predict it is $100k at least. Well, the question is, will we can be patient to wait for $100k? Is it reasonable to reach $100k?
Without patience we will never be able to make a profit, even if we can feel the profit, it might only be a small profit because we will rush to sell when we see an increase in our portfolio. Patience has brought us to the point where we feel the happiness of the profit we get from the increase in bitcoin.
Sure. Patience is one of the keys of a success. Without patience, we can't hold Bitcoin for a long time. However, we also need to be smart enough, the knowledge has a big role as well. If we only rely on the patience, we may make a wrong decision. Waiting for a long time may end up with nothing, if we have no good analysis and plan.
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Without realizing it, we have been patient enough to wait for bitcoin to reach ATH again, and that patience is one of the keys to our success in making a profit from bitcoin.
Since the previous bullrun season, we are already waiting for almost 3 years. Bitcoin actually already reached a new ATH, it is $73,750. But we all believe it is not the peak of Bitcoin price yet. If we consider the previous ATH, it should be much higher than $73,750. People predict it is $100k at least. Well, the question is, will we can be patient to wait for $100k? Is it reasonable to reach $100k?
It makes sense, some people even predict that bitcoin will reach 150k, but the problem is when it will happen we can't say for sure, but what is clear is that I am also sure it will happen.
Actually this was my question before, where I asked if it was possible for bitcoin to reach a very high price. And now I have found the answer and to reach 100k is very possible, it's just that when exactly, we don't know.
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Without realizing it, we have been patient enough to wait for bitcoin to reach ATH again, and that patience is one of the keys to our success in making a profit from bitcoin.
Since the previous bullrun season, we are already waiting for almost 3 years. Bitcoin actually already reached a new ATH, it is $73,750. But we all believe it is not the peak of Bitcoin price yet. If we consider the previous ATH, it should be much higher than $73,750. People predict it is $100k at least. Well, the question is, will we can be patient to wait for $100k? Is it reasonable to reach $100k?
It makes sense, some people even predict that bitcoin will reach 150k, but the problem is when it will happen we can't say for sure, but what is clear is that I am also sure it will happen.
Actually this was my question before, where I asked if it was possible for bitcoin to reach a very high price. And now I have found the answer and to reach 100k is very possible, it's just that when exactly, we don't know.
I also have a sell target of $100K, because I see $100K as a reasonable target. Many people predict that it will happen at the end of this year or maybe early next year. That's why I keep holding my bitcoin until it reaches the target I have set. Currently I am adding to my bitcoin and altcoin assets, buying when the market is correcting like now when the bitcoin price drops to $63K.
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It makes sense, some people even predict that bitcoin will reach 150k, but the problem is when it will happen we can't say for sure, but what is clear is that I am also sure it will happen.
Actually this was my question before, where I asked if it was possible for bitcoin to reach a very high price. And now I have found the answer and to reach 100k is very possible, it's just that when exactly, we don't know.
I also have a sell target of $100K, because I see $100K as a reasonable target. Many people predict that it will happen at the end of this year or maybe early next year. That's why I keep holding my bitcoin until it reaches the target I have set. Currently I am adding to my bitcoin and altcoin assets, buying when the market is correcting like now when the bitcoin price drops to $63K.
All decisions are in our hands whether we will continue to hold bitcoin until the price we want is reached or we will take profits now, of course all of this must be based on our analysis, not because it is influenced by someone who ultimately makes us make a decision.
maybe it's the end of this year and maybe it's also the end of next year, we all just predict with the analysis we do. what we must have now is the patience to continue to endure.
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- Most people know that Bitcoin is very influential in the majority of crypto assets that we have in the industry we are currently in. Because of what Bitcoin's moves are, it will also be the movement of those in the top-listing altcoins at the market for sure.
So it's a good opportunity that we have today in the market we face to accumulate or DCA in what we want to hold for Bull Run this year.
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- Most people know that Bitcoin is very influential in the majority of crypto assets that we have in the industry we are currently in. Because of what Bitcoin's moves are, it will also be the movement of those in the top-listing altcoins at the market for sure.
So it's a good opportunity that we have today in the market we face to accumulate or DCA in what we want to hold for Bull Run this year.
Bitcoin has always been a priority choice in investing, especially for those who choose long-term investments. There are also those who use bitcoin for trading. I also have the largest amount of bitcoin than any other coin, because bitcoin is the safest coin to hold.
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All decisions are in our hands whether we will continue to hold bitcoin until the price we want is reached or we will take profits now, of course all of this must be based on our analysis, not because it is influenced by someone who ultimately makes us make a decision.
Of course, everything depends on the holder. But it will be wise to take profits if the goal is reached. Being greedy will lead to possible problem, we don't know how far Bitcoin to increase. If we set a goal to sell at $100k, it is better to take profits at $100k. If we don't do it, we will regret it when the price drop significantly after reaching $100k. It will be worse if the price never increases above $100k.
maybe it's the end of this year and maybe it's also the end of next year, we all just predict with the analysis we do. what we must have now is the patience to continue to endure.
There is no clear time of the peak of Bitcoin. But I believe it should be in the next year. Even if I really expect there will be big pump at the end of this year. Yes, you're right, it is just our prediction. It may happen beyond our expectation.
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I also have a sell target of $100K, because I see $100K as a reasonable target. Many people predict that it will happen at the end of this year or maybe early next year. That's why I keep holding my bitcoin until it reaches the target I have set. Currently I am adding to my bitcoin and altcoin assets, buying when the market is correcting like now when the bitcoin price drops to $63K.
I like how bullish everyone has become with Bitcoin but what if $100k become something that will be a fight for another bullrun or after the next halving. There has not been interest in buying or pushing Bitcoin price like the last bull run. By now, Bitcoin should be trading above $100k or even higher but it's still standing where it was 2 months ago and very soon below $60k
I know it is going to be painful to buy Bitcoin and sell half way journey while everyone are enjoying breaking new all time but had it been one has bought and sell at the level of $70k twice. The person would have made more money and be able to buy more Bitcoin when the price comes down.
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I like how bullish everyone has become with Bitcoin but what if $100k become something that will be a fight for another bullrun or after the next halving. There has not been interest in buying or pushing Bitcoin price like the last bull run. By now, Bitcoin should be trading above $100k or even higher but it's still standing where it was 2 months ago and very soon below $60k
It is just a prediction. Even in the previous bullish season, people already predicted Bitcoin to be $100k but it failed. I think if Bitcoin fails again to reach $100k, people may not be very interested again with Bitcoin because they will assume $100k for Bitcoin is just a dream. Well, it is true Bitcoin is still around $60k but it may skyrocket in the near future.
I know it is going to be painful to buy Bitcoin and sell half way journey while everyone are enjoying breaking new all time but had it been one has bought and sell at the level of $70k twice. The person would have made more money and be able to buy more Bitcoin when the price comes down.
Why we must sell Bitcoin now? We shouldn't sell Bitcoin around $60k.
Just try to keep Bitcoin because many people predicted there will be good trends in the end of this year. I think it should be above $70k again very soon.
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I also have a sell target of $100K, because I see $100K as a reasonable target. Many people predict that it will happen at the end of this year or maybe early next year. That's why I keep holding my bitcoin until it reaches the target I have set. Currently I am adding to my bitcoin and altcoin assets, buying when the market is correcting like now when the bitcoin price drops to $63K.
I like how bullish everyone has become with Bitcoin but what if $100k become something that will be a fight for another bullrun or after the next halving. There has not been interest in buying or pushing Bitcoin price like the last bull run. By now, Bitcoin should be trading above $100k or even higher but it's still standing where it was 2 months ago and very soon below $60k
I know it is going to be painful to buy Bitcoin and sell half way journey while everyone are enjoying breaking new all time but had it been one has bought and sell at the level of $70k twice. The person would have made more money and be able to buy more Bitcoin when the price comes down.
bitcoin price is still far from $100k, currently it has dropped to $60K so I don't talk much about the $100K figure. we should wait and keep holding our bitcoin if we buy at a price above $60K, because we can't possibly cut loss. keep holding our bitcoin, if you still have funds, buy more bitcoin at a low price like now.
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All decisions are in our hands whether we will continue to hold bitcoin until the price we want is reached or we will take profits now, of course all of this must be based on our analysis, not because it is influenced by someone who ultimately makes us make a decision.
Of course, everything depends on the holder. But it will be wise to take profits if the goal is reached. Being greedy will lead to possible problem, we don't know how far Bitcoin to increase. If we set a goal to sell at $100k, it is better to take profits at $100k. If we don't do it, we will regret it when the price drop significantly after reaching $100k. It will be worse if the price never increases above $100k.
Someone who has been in the bitcoin space for a long time should set a target and they will not miss the opportunity to take advantage when their target is reached. Unless they are beginners who are still enthusiastic, even though without realizing they are following greed.
There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
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It makes sense, some people even predict that bitcoin will reach 150k, but the problem is when it will happen we can't say for sure, but what is clear is that I am also sure it will happen.
Actually this was my question before, where I asked if it was possible for bitcoin to reach a very high price. And now I have found the answer and to reach 100k is very possible, it's just that when exactly, we don't know.
As long as it is reasonable, it is no problem to make any prediction. I think $150k is still achievable although no one can guarantee it. But I think $100k is the safest prediction, Bitcoin is very obvious to have the chance crossing $100k. But we also can't too rely on the prediction, it is still possible that Bitcoin price to fail reaching $100k in the current bullrun season.
I think $150k isn't too high price, but sure we don't know if it can be reached in the current bullrun season or not. Yes, $100k is very likely to be reached, that's why many people prefer to set their target around $100k. Only few people who brave enough to set a target around $150k.
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Someone who has been in the bitcoin space for a long time should set a target and they will not miss the opportunity to take advantage when their target is reached. Unless they are beginners who are still enthusiastic, even though without realizing they are following greed.
There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Indeed to high expectation for bitcoin raising up to $100 until $150k considering keep confidence its not problem but in my opinion have looking around how many bad news publishing every days before predicting with bitcoin raise up possibility. I don't sure yet in short term bitcoin will reach most higher price after facing bad news every day and FUD easily publishing top influence country until big whales.
If can hold for long term its not problem and bitcoin will reach based on their expectation but I believe this potential need more patience and waiting for longer time.
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Someone who has been in the bitcoin space for a long time should set a target and they will not miss the opportunity to take advantage when their target is reached. Unless they are beginners who are still enthusiastic, even though without realizing they are following greed.
There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Indeed to high expectation for bitcoin raising up to $100 until $150k considering keep confidence its not problem but in my opinion have looking around how many bad news publishing every days before predicting with bitcoin raise up possibility. I don't sure yet in short term bitcoin will reach most higher price after facing bad news every day and FUD easily publishing top influence country until big whales.
If can hold for long term its not problem and bitcoin will reach based on their expectation but I believe this potential need more patience and waiting for longer time.
The price of Bitcoin is experiencing a sharp decline at this time, but still your Bitcoin and Altcin hold because we know the bullish season is still far likely to occur next year. If we target Bitcoin to reach ATH $ 100K, the possibility of that number can be achieved. I was late in selling my coins before a sharp decline, because of my focus in monitoring the market, I could only wait and use my free funds to buy some of the coins that I considered potential.
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Someone who has been in the bitcoin space for a long time should set a target and they will not miss the opportunity to take advantage when their target is reached. Unless they are beginners who are still enthusiastic, even though without realizing they are following greed.
There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Indeed to high expectation for bitcoin raising up to $100 until $150k considering keep confidence its not problem but in my opinion have looking around how many bad news publishing every days before predicting with bitcoin raise up possibility. I don't sure yet in short term bitcoin will reach most higher price after facing bad news every day and FUD easily publishing top influence country until big whales.
If can hold for long term its not problem and bitcoin will reach based on their expectation but I believe this potential need more patience and waiting for longer time.
Patience is something that is very much needed when holding bitcoin, because only with patience can we survive for a long time. We cannot hold bitcoin if we do not have patience.
Isn't what we feel the fruit of patience? Yes, someone might be able to analyze and have a prediction of where bitcoin will go. And that alone is not enough, because it cannot happen in a very short time, especially as you said there is some bad news that affects price movements.
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I also have a sell target of $100K, because I see $100K as a reasonable target. Many people predict that it will happen at the end of this year or maybe early next year. That's why I keep holding my bitcoin until it reaches the target I have set. Currently I am adding to my bitcoin and altcoin assets, buying when the market is correcting like now when the bitcoin price drops to $63K.
I like how bullish everyone has become with Bitcoin but what if $100k become something that will be a fight for another bullrun or after the next halving. There has not been interest in buying or pushing Bitcoin price like the last bull run. By now, Bitcoin should be trading above $100k or even higher but it's still standing where it was 2 months ago and very soon below $60k
I know it is going to be painful to buy Bitcoin and sell half way journey while everyone are enjoying breaking new all time but had it been one has bought and sell at the level of $70k twice. The person would have made more money and be able to buy more Bitcoin when the price comes down.
bitcoin price is still far from $100k, currently it has dropped to $60K so I don't talk much about the $100K figure. we should wait and keep holding our bitcoin if we buy at a price above $60K, because we can't possibly cut loss. keep holding our bitcoin, if you still have funds, buy more bitcoin at a low price like now.
Bitcoin price may not hit $100k soon. When we saw the Bitcoin bull market in 2021, we expected the price of Bitcoin to hit $100k at that time. Bitcoin did not move upwards but remained limited to a long bearish range. And when in 2024 again that $100k is waiting. Bitcoin will rise to $100k or higher but that time doesn't seem to happen now. Looking at the market condition, it seems that the market may again go to the bearish level and turn bullish again from the position. It is highly likely that we could see such a movement any time next year. So of course Bitcoin holding needs to be given utmost importance.
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bitcoin price is still far from $100k, currently it has dropped to $60K so I don't talk much about the $100K figure. we should wait and keep holding our bitcoin if we buy at a price above $60K, because we can't possibly cut loss. keep holding our bitcoin, if you still have funds, buy more bitcoin at a low price like now.
Bitcoin has been dropped so much that the current price is 55k$ so most of the people will have lost their hopes but in my opinion it is not a time to lose hope but it is a time to accumulate more Bitcoin if you can because every opportunity has both good and bad sides and we should not just pick up any one but should think about both of the conditions in positive directions and make preparation for it.
This is a suitable time for investment and those who already have bought Bitcoin should not stop to hold Bitcoin under such situations because good time must come so the price of Bitcoin will also surely rise but 100k$ is not yet guaranteed to happen in the current year.
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This is a suitable time for investment and those who already have bought Bitcoin should not stop to hold Bitcoin under such situations because good time must come so the price of Bitcoin will also surely rise but 100k$ is not yet guaranteed to happen in the current year.
There is always good time to invest in crypto whenever there is a huge dump. When Bitcoin dropped to $49k, it is a real chance to buy Bitcoin at a very cheap price. People who know the potential of Bitcoin in the future, they must buy many Bitcoin few days ago. Sure, it is better to keep holding most of our Bitcoin. But it is okay if people want to sell some of Bitcoin, they can buy again if there is another big dump. $100k is the goal of everyone, but surely there is no guarantee at all. Even in the next year, no one can guarantee if Bitcoin must reach $100k. However, I'm also a part of the people who believe in Bitcoin to cross $100k in the current cycle.
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There is always good time to invest in crypto whenever there is a huge dump. When Bitcoin dropped to $49k, it is a real chance to buy Bitcoin at a very cheap price. People who know the potential of Bitcoin in the future, they must buy many Bitcoin few days ago.
I have bought some altcoins when market was dumped so badly and trust me I've already made 25% profit with most of the altcoins that I bought during the market dump. I believe market dumps are good times for investors to accumulate more of an altcoin or Bitcoin because after the dump market always recovers and with that recovery sometimes we can earn 25% to 50% profit within a week or in a month.
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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?
Actually we don't know for sure, but we know the potential of altcoin based on our own analysis.. it really differs from each other's opinions, so the results may not be in accordance with what we know... that's our limitation.. we can choose, but we can't control according to our thoughts.
Ethereum and Solana now look a little more convincing, some people should have a positive view of the future of these two altcoins.
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Someone who has been in the bitcoin space for a long time should set a target and they will not miss the opportunity to take advantage when their target is reached. Unless they are beginners who are still enthusiastic, even though without realizing they are following greed.
Both experienced and new holders must have a target. But experienced holders will set a reasonable target, they won't set a too high target. I think $100k is very reasonable target, many people predict the price of Bitcoin will reach $100k. It is different with new holders, they may set too high target because they are too greedy. They think Bitcoin so easy to skyrocket, they don't know it must be based on some factors.
There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Yes, most people target to take profits at $100k and $150k. I think there is no problem to set a target at $150k. But it looks like a more difficult to achieve, I personally don't brave because I don't want to take a too high risk. I prefer to set a target at $100k, I think it is a bit safe as a target for taking profits.
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- How do you know an altcoin will be good for HODLing?
By doing market analysis it can be understood whether holding altcoins would be good or not. But holding all altcoins will not be good because there are thousands of altcoins in the crypto market and it is very tough to find potential coins and invest in them and Hold. I am not an expert in market analysis so I am not ready to give any potential advice
- How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I have been in crypto for many years my crypto journey started in 2014 which is about 10 years now but I always only think about bitcoin so don't have much experience on altcoins. But holding ETH for 3 years and SOL for a little over 1 year. and i believe this two altcoin are enough for my holding
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There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Yes, most people target to take profits at $100k and $150k. I think there is no problem to set a target at $150k. But it looks like a more difficult to achieve, I personally don't brave because I don't want to take a too high risk. I prefer to set a target at $100k, I think it is a bit safe as a target for taking profits.
People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.
I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.
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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?
Actually we don't know for sure, but we know the potential of altcoin based on our own analysis.. it really differs from each other's opinions, so the results may not be in accordance with what we know... that's our limitation.. we can choose, but we can't control according to our thoughts.
Ethereum and Solana now look a little more convincing, some people should have a positive view of the future of these two altcoins.
We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.
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We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.
A lot of altcoins are being launched every year and what I see about most of them is to gather liquidity from people and exit the market. This is why having knowledge about a coin you wish to invest in is very important before putting your money in them. There are a lot of ways you can find out how good an altcoin will be for an investment or not. Some altcoins when dumped, you’ll regret investing in them and would have preferred you took the risk of trading than investing. What is worth spending money on is worth doing research about too, don’t fall for the FOMO, you can always make the right decision after proper research about a coin.
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We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.
People don't need to invest in 1 Bitcoin, people can buy a small number of Bitcoin. I think it is no problem if we want to invest in Bitcoin even if we have limited funds. Bitcoin is safe investment, even if it is small number but we will have high chance to get profits in the future. But if we want to try to get bigger profits with altcoins, it is no problem as long as we choose good altcoins. BNB, ETH, and SOL are 3 recommended altcoins. Buying these altcoins are quite safe, too. There are many big investors put their money in these top altcoins as well.
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We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.
People don't need to invest in 1 Bitcoin, people can buy a small number of Bitcoin. I think it is no problem if we want to invest in Bitcoin even if we have limited funds. Bitcoin is safe investment, even if it is small number but we will have high chance to get profits in the future. But if we want to try to get bigger profits with altcoins, it is no problem as long as we choose good altcoins. BNB, ETH, and SOL are 3 recommended altcoins. Buying these altcoins are quite safe, too. There are many big investors put their money in these top altcoins as well.
Bitcoin is the main goal of every many people who understand cryptocurrency trading. Bitcoin does currently have a fairly expensive price. But we need to know that the price of Bitcoin still has the potential to be more expensive than the current price. The altcoins you mentioned are widely used by other traders to increase the Bitcoin they have. The most important thing is to remain careful when you want to enter and buy any type of cryptocurrency.
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Snip
Diversification of investment is good but which of the altcoins projects is to invest because last month when an AirDrop used Ethereum to payout his participants, the participants were crying that the transaction fee was too high and foe that they received only small amount. So to know which of the altcoins projects are good to invest more s an another thing to know. Because you can't just invest in any altcoin. But good one and foe now I think TON is one of the altcoin to invest.
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There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Yes, most people target to take profits at $100k and $150k. I think there is no problem to set a target at $150k. But it looks like a more difficult to achieve, I personally don't brave because I don't want to take a too high risk. I prefer to set a target at $100k, I think it is a bit safe as a target for taking profits.
People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.
I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.
Well, the truth is that when it comes to holding an altcoin you have to be very decisive, because I'm not saying anything about holding Bitcoin, but to hold another altcoin I think I would do it on the first 4 or 5 altcoins of the CMC top, but I consider that it is always a big risk, however one has to take risks, with respect to meme coins, well it is a good option, buy right now when they are low in price and then set a target and once it reaches that 35-40% well it is not a bad business.
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There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.
Yes, most people target to take profits at $100k and $150k. I think there is no problem to set a target at $150k. But it looks like a more difficult to achieve, I personally don't brave because I don't want to take a too high risk. I prefer to set a target at $100k, I think it is a bit safe as a target for taking profits.
People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.
I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.
Well, the truth is that when it comes to holding an altcoin you have to be very decisive, because I'm not saying anything about holding Bitcoin, but to hold another altcoin I think I would do it on the first 4 or 5 altcoins of the CMC top, but I consider that it is always a big risk, however one has to take risks, with respect to meme coins, well it is a good option, buy right now when they are low in price and then set a target and once it reaches that 35-40% well it is not a bad business.
Like you already said it should be only reputed coin and for memecoin well let it also be a well know meme that doesn't lose it value so quickly because most of the newly launched ones can easily be manipulated in the market and if investors or newbie investors who doesn't know how the market works would end up feeding the market with his valuable coin. So if at all someone must investment it should be on a trusted altcoin and not just overhyped coins.
Anyway +1 for you
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Bitcoin is the main goal of every many people who understand cryptocurrency trading. Bitcoin does currently have a fairly expensive price. But we need to know that the price of Bitcoin still has the potential to be more expensive than the current price. The altcoins you mentioned are widely used by other traders to increase the Bitcoin they have. The most important thing is to remain careful when you want to enter and buy any type of cryptocurrency.
The goal of everyone is just to invest in Bitcoin due to the reality that Bitcoin provides surety that in future a day will come when there will be a pump in its price, as it is now 59k$ so it will not remain in the same price forever but alteration will take place sometimes in our favors while other time it will be opposite.
Altcoins are also profitable but as there are new coins emerging every day so we cannot make differentiation and we cannot predict the future therefore we always prefer Bitcoin for investment. Your profit will always be dependent on the coin in which you are investing because people choose so many coins but their coins are not worthy so it is clear that the number of coins does not give you more profit but the nature of coins can give you a good return.
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People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.
I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.
Well, the truth is that when it comes to holding an altcoin you have to be very decisive, because I'm not saying anything about holding Bitcoin, but to hold another altcoin I think I would do it on the first 4 or 5 altcoins of the CMC top, but I consider that it is always a big risk, however one has to take risks, with respect to meme coins, well it is a good option, buy right now when they are low in price and then set a target and once it reaches that 35-40% well it is not a bad business.
Like you already said it should be only reputed coin and for memecoin well let it also be a well know meme that doesn't lose it value so quickly because most of the newly launched ones can easily be manipulated in the market and if investors or newbie investors who doesn't know how the market works would end up feeding the market with his valuable coin. So if at all someone must investment it should be on a trusted altcoin and not just overhyped coins.
Anyway +1 for you
I also totally agree that memecoin is a very risky investment asset for us to hold, but what I mean is when I want to get into memecoin and I also still have the minimum amount of money and that is the money I am ready to lose.
Yes, it would be better if we had altcoin at the top, it is much safer to hold than the others. Yes, even though the risk will still be there, at least the risk is much smaller than the others.
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The goal of everyone is just to invest in Bitcoin due to the reality that Bitcoin provides surety that in future a day will come when there will be a pump in its price, as it is now 59k$ so it will not remain in the same price forever but alteration will take place sometimes in our favors while other time it will be opposite.
Altcoins are also profitable but as there are new coins emerging every day so we cannot make differentiation and we cannot predict the future therefore we always prefer Bitcoin for investment. Your profit will always be dependent on the coin in which you are investing because people choose so many coins but their coins are not worthy so it is clear that the number of coins does not give you more profit but the nature of coins can give you a good return.
I think Bitcoin is good investment because its value will likely go up in long run. Other cryptocurrencies means altcoins can also be profitable but it is really hard to find out which one will do well because new and new cryptocurrencies are coming out every day.
Bitcoin is safer choice because it is well known and there is only limited amount of it. Remember making money depends on investing in good coin not just buying many different coins. To do well in cryptocurrency we need to invest wisely and make informed decisions.
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We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.
A lot of altcoins are being launched every year and what I see about most of them is to gather liquidity from people and exit the market. This is why having knowledge about a coin you wish to invest in is very important before putting your money in them. There are a lot of ways you can find out how good an altcoin will be for an investment or not. Some altcoins when dumped, you’ll regret investing in them and would have preferred you took the risk of trading than investing. What is worth spending money on is worth doing research about too, don’t fall for the FOMO, you can always make the right decision after proper research about a coin.
Your words are correct. When a lot of altcoins added to the market, it becomes very difficult to know which one is appropriate for investment. Not only other people's words but if you don't have your own experience then there is more chance of losing than gaining by investing. Before investing in altcoins an investor must accept the risk and should invest in some coins where the risk is relatively low. There are some altcoins where the probability of losing is low but the potential of profit is also low. There are also some newer altcoins that are more risky. It is up to the investor to decide what he wants to do. Do your own research if you want to invest in altcoins.
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We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.
A lot of altcoins are being launched every year and what I see about most of them is to gather liquidity from people and exit the market. This is why having knowledge about a coin you wish to invest in is very important before putting your money in them. There are a lot of ways you can find out how good an altcoin will be for an investment or not. Some altcoins when dumped, you’ll regret investing in them and would have preferred you took the risk of trading than investing. What is worth spending money on is worth doing research about too, don’t fall for the FOMO, you can always make the right decision after proper research about a coin.
Your words are correct. When a lot of altcoins added to the market, it becomes very difficult to know which one is appropriate for investment. Not only other people's words but if you don't have your own experience then there is more chance of losing than gaining by investing. Before investing in altcoins an investor must accept the risk and should invest in some coins where the risk is relatively low. There are some altcoins where the probability of losing is low but the potential of profit is also low. There are also some newer altcoins that are more risky. It is up to the investor to decide what he wants to do. Do your own research if you want to invest in altcoins.
Well, for me, buying altcoins is like a lottery, it's always more a matter of luck than doing any kind of analysis, you can't do a technical analysis with such a short time of launch, in fact if we look at all the altcoins they depend on bitcoin, but that's because Bitcoin has a life of its own, otherwise any altcoin can't Sustain itself, that's something we have to start with, but for that it's better to trust the altcoins that come after BTC, like ETH, and the first ones that are in the CMC top.
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I think Bitcoin is good investment because its value will likely go up in long run. Other cryptocurrencies means altcoins can also be profitable but it is really hard to find out which one will do well because new and new cryptocurrencies are coming out every day.
Bitcoin is safer choice because it is well known and there is only limited amount of it. Remember making money depends on investing in good coin not just buying many different coins. To do well in cryptocurrency we need to invest wisely and make informed decisions.
Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.
Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.
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Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.
Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.
Bitcoin have good investment assets for holding as long term or short term, we can see history of bitcoin year by year keep increasing to higher price and get not bigger risk when investing our assets in bitcoin than altcoin. Indeed still difficult break out to higher price and reach new ATH but Bitcoin always get potential faster recovery after last several days ago drop to lower price.
Current news, have been one thousand wallet or address have hold each 1 bitcoin right now and make bitcoin keep stronger not dominance by one person only.
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Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.
Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.
Bitcoin have good investment assets for holding as long term or short term, we can see history of bitcoin year by year keep increasing to higher price and get not bigger risk when investing our assets in bitcoin than altcoin. Indeed still difficult break out to higher price and reach new ATH but Bitcoin always get potential faster recovery after last several days ago drop to lower price.
Current news, have been one thousand wallet or address have hold each 1 bitcoin right now and make bitcoin keep stronger not dominance by one person only.
In my opinion, bitcoin is more suitable for long-term storage. because in the short term it seems like alcoin is more profitable than bitcoin. I tried short term trading with bitcoin, but I found it less profitable. That's why I prefer to hold Bitcoin for the long term.
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Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.
Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.
Bitcoin have good investment assets for holding as long term or short term, we can see history of bitcoin year by year keep increasing to higher price and get not bigger risk when investing our assets in bitcoin than altcoin. Indeed still difficult break out to higher price and reach new ATH but Bitcoin always get potential faster recovery after last several days ago drop to lower price.
Current news, have been one thousand wallet or address have hold each 1 bitcoin right now and make bitcoin keep stronger not dominance by one person only.
In my opinion, bitcoin is more suitable for long-term storage. because in the short term it seems like alcoin is more profitable than bitcoin. I tried short term trading with bitcoin, but I found it less profitable. That's why I prefer to hold Bitcoin for the long term.
Yes there is a possibility of more profit if you hold bitcoin for long term and if you want to hold for short time then you can see the coins of alert coin if you take short time many times you get a lot of profit so people prefer them for short time. In my opinion, Bitcoin is the best tie to hold because I think Bitcoin will hit $100,000 in a few days.
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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'm just guessing and trying my luck to get a profit from the altcoin that I invested, for how many years I don't have a target for that, if I get a profit I will release the altcoin that I have but there are some that I hold to be able to get maximum profit including ETH, BNB , SOL and Tons
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In cryptocurrency, we should know how important it is to hold a coin and the same way, how it could be so painful for us to hold on a coin that will turned a failure in our hands, before we make a choice of which coin to invest, we have to make some research about them to see whether the investment we are doing is enough to stand the risk we are taking in it depending on the coin i consideration.
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Bitcoin is the main goal of every many people who understand cryptocurrency trading. Bitcoin does currently have a fairly expensive price. But we need to know that the price of Bitcoin still has the potential to be more expensive than the current price. The altcoins you mentioned are widely used by other traders to increase the Bitcoin they have. The most important thing is to remain careful when you want to enter and buy any type of cryptocurrency.
It is not only traders, investors also will choose Bitcoin as their main goal. Bitcoin is the most secure crypto investment, it is proven to stay as the number 1 of crypto coins for many years. We also have enough data about the price growth of Bitcoin until now. So, it is not so difficult to make analysis related to Bitcoin. The price of Bitcoin also keep increasing from one bullrun season to another bullrun season. It is different with altcoins, many of altcoins haven't proven enough. It is too risky to invest in altcoins, specifically for new altcoins.
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Bitcoin is the one that we trust the most and that is why its clear that we are all going to pick that one, there is no reason to select anything else. I understand that people are looking into this without caring about it all that much, we are going to see the result changing if another coin gets higher one day, but so far bitcoin is by far the best. So when you are a trader then your entire reason to trade is to have more bitcoins and when you are an investor then your entire reason to invest is to have more bitcoins. Nobody is trading so that they would have a lot more doge, why would anyone want that.
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How do you know an altcoin will be good for HODLing?
The areas I look out in a coin to consider hodling them for long are the kind of market trends and sentiment they project, their scalability and usability. Their active community and their #DevelopmentTeam .
When I go through the mentioned factors, it suits what I am looking for in a coin, I wouldn't mind investing in such altcoin for short term not for long term
How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?
I don't intend to hodl any altcoin for years, but rather for months. Altcoin is good for short term not for long term. I wouldn't encourage anyone to hodl altcoin for long because of the risks that come with it
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In cryptocurrency, we should know how important it is to hold a coin and the same way, how it could be so painful for us to hold on a coin that will turned a failure in our hands, before we make a choice of which coin to invest, we have to make some research about them to see whether the investment we are doing is enough to stand the risk we are taking in it depending on the coin i consideration.
Everyone Whoever A holder should know the importance of holding coins but it is also important to know the difference between valuable and fruitless coins because holding requires your precious time so after holding for years if your coin remains fruitless then you will become disappointed which will not grant you to carry out your investment with patience again.
If you are holding a valuable coin then it will not hurt you if you keep it longer without experiencing a huge pump because you will have firm faith that it cannot go down permanently forever and also it cannot die like other altcoins. If you want to satisfy yourself even in unfavorable situations then your choice of holding coins should consist of tested coins the growth of which is prominent and is unfailing.
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In cryptocurrency, we should know how important it is to hold a coin and the same way, how it could be so painful for us to hold on a coin that will turned a failure in our hands, before we make a choice of which coin to invest, we have to make some research about them to see whether the investment we are doing is enough to stand the risk we are taking in it depending on the coin i consideration.
Everyone Whoever A holder should know the importance of holding coins but it is also important to know the difference between valuable and fruitless coins because holding requires your precious time so after holding for years if your coin remains fruitless then you will become disappointed which will not grant you to carry out your investment with patience again.
If you are holding a valuable coin then it will not hurt you if you keep it longer without experiencing a huge pump because you will have firm faith that it cannot go down permanently forever and also it cannot die like other altcoins. If you want to satisfy yourself even in unfavorable situations then your choice of holding coins should consist of tested coins the growth of which is prominent and is unfailing.
KJita doesn't need to be confused about holding coins to keep them valuable for years, we can buy bitcoin and hold it. It's better to choose top coins so that your coins remain valuable in the medium term, because I don't recommend holding altcoins for the long term. because according to me bitcoin is safe to hold for the long term.
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Bitcoin is the one that we trust the most and that is why its clear that we are all going to pick that one, there is no reason to select anything else. I understand that people are looking into this without caring about it all that much, we are going to see the result changing if another coin gets higher one day, but so far bitcoin is by far the best.
Of course people have the reason to add altcoins for their investment. Altcoins have higher volatility, there is a chance to get bigger profits. People want to try investing in altcoins, but most people choose the top altcoins. ETH, BNB, SOL, MATIC, TON, ADA, and XRP are the example of good altcoins. I think it is no problem if people want to diversify their assets with altcoins. We can have a bigger chance to get higher profits by investing in altcoins. It is not a must to invest in Bitcoin only!
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Bitcoin is the one that we trust the most and that is why its clear that we are all going to pick that one, there is no reason to select anything else. I understand that people are looking into this without caring about it all that much, we are going to see the result changing if another coin gets higher one day, but so far bitcoin is by far the best.
Of course people have the reason to add altcoins for their investment. Altcoins have higher volatility, there is a chance to get bigger profits. People want to try investing in altcoins, but most people choose the top altcoins. ETH, BNB, SOL, MATIC, TON, ADA, and XRP are the example of good altcoins. I think it is no problem if people want to diversify their assets with altcoins. We can have a bigger chance to get higher profits by investing in altcoins. It is not a must to invest in Bitcoin only!
It's about investment strategy, Diversification is a strategy to reduce the level of loss that investors can experience.
Dividing crypto assets into several types of crypto is a way to build a balanced crypto portfolio, Utility Tokens, Stablecoins, and Security tokens are examples of crypto types.
But proportional allocation must also be a concern, Bitcoin as a Store of Value must still get a larger portion. IMO
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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 - From the community, from the developers and from its age... I see Ethereum has never died until now, and it can be said that Ethereum is an example of a successful altcoin along with its business model. Vitalik is also quite active in the media so that important updates about Ethereum are always running and its progress is interesting. And the most important thing is that fundamentally, Ethereum is very strong and good for long-term investment.
2 - More than 1 year, I think it is already included in the long-term level... after that, we also have to consider the price to exit the related coin investment, for example our target is 50% profit since the initial purchase (if doing DCA, the first purchase can also be a benchmark)... it means that besides having a time target, we also have a price target..
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If you want to save altcoins, we must first know about the project and research until we understand as much information as possible about the coins we will buy later. But investing in altcoins for the long term is very risky, I don't want to go in that direction because I have suffered a lot of losses on altcoins.
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If you want to save altcoins, we must first know about the project and research until we understand as much information as possible about the coins we will buy later. But investing in altcoins for the long term is very risky, I don't want to go in that direction because I have suffered a lot of losses on altcoins.
ALTS typically have significantly larger fluctuations compared to BTC. Their prices can skyrocket during bull runs and then plummet during bear markets. Some even disappear or turn out to be scams in the market. Fundamental analysis to understand the team, solution, tokenomics, and backing funds can reduce the risk when investing in ALTS but cannot guarantee success. Terra and FTX are prime examples of such failures.
BTC is always a safer choice for investors and deserves at least a 50% allocation of capital. If investors still want to earn additional profits during bullrun, ETH and other native tokens are less risky options. I do not recommend that new investors choose NFTs, memecoins, GameFi, or DeFi as they may not have enough experience to handle their accounts during market fluctuations.
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Altcoins holding is one of the best prefer for the cryptocurrency market. We know that it's fluctuations compared to Bitcoin. We can see Bitcoin deserve of 56.08% allocation Capital in the cryptocurrency market. So if we holding in altcoins, we can get more profitable in this moment. So we should holding in any crypto we must understand in the crypto market, so that we could not loss in this market.
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1. I stay to the top ones, an easy strategy yet very effective.
2. Years already, the first one on my list is Ethereum and then BNB. I think that these two are the ones that I have been holding for so long.
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If you want to save altcoins, we must first know about the project and research until we understand as much information as possible about the coins we will buy later.
Before we invest in any altcoins, we must do a research about the projects behind the altcoins. Sure, we must analyze every information about the projects, to ensure that there is no suspicious things and no bad things. Moreover if we want to invest in new altcoins, we must be very careful to do analysis or research. This is one of the keys to success in crypto investment.
But investing in altcoins for the long term is very risky, I don't want to go in that direction because I have suffered a lot of losses on altcoins.
You're right. Investing in altcoins will be always very risky, specifically for a long term investment. Usually, people prefer to choose top altcoins if they want to invest for a long term. It is because the top altcoins have been proven for many years. ETH, BNB, SOL, XRP, TRX, TON, and MATIC are some top altcoins that deserve to invest for a long term.
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It's about investment strategy, Diversification is a strategy to reduce the level of loss that investors can experience.
Dividing crypto assets into several types of crypto is a way to build a balanced crypto portfolio, Utility Tokens, Stablecoins, and Security tokens are examples of crypto types.
But proportional allocation must also be a concern, Bitcoin as a Store of Value must still get a larger portion. IMO
Indeed, it is a strategy. Diversification isn't only to reduce the chance of losses but it also optimizes the chance of bigger profits. It is good that we diversify our assets into several kind of crypto coins. However, I think we need to consider the potential of the coins as the priority. If those coins look not really convincing to develop in the future, kindly avoid hold the coins. So, I think the point isn't about the kind of the coins but it is all about the potential of the coins. Sure, the main asset should be Bitcoin, no doubt it is the best coin for holding.
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It's about investment strategy, Diversification is a strategy to reduce the level of loss that investors can experience.
Dividing crypto assets into several types of crypto is a way to build a balanced crypto portfolio, Utility Tokens, Stablecoins, and Security tokens are examples of crypto types.
But proportional allocation must also be a concern, Bitcoin as a Store of Value must still get a larger portion. IMO
Indeed, it is a strategy. Diversification isn't only to reduce the chance of losses but it also optimizes the chance of bigger profits. It is good that we diversify our assets into several kind of crypto coins. However, I think we need to consider the potential of the coins as the priority. If those coins look not really convincing to develop in the future, kindly avoid hold the coins. So, I think the point isn't about the kind of the coins but it is all about the potential of the coins. Sure, the main asset should be Bitcoin, no doubt it is the best coin for holding.
In diversifying so that we have a greater chance of making a profit, we must choose coins that have good potential. Because if we only increase the number of coins without doing research and analyzing the coins, it is likely difficult to make a profit.
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In diversifying so that we have a greater chance of making a profit, we must choose coins that have good potential. Because if we only increase the number of coins without doing research and analyzing the coins, it is likely difficult to make a profit.
Diversifying can make higher chance of bigger profits but it also can make bigger chance of losses. It will depend on what coins to choose for diversifying. That's why we must choose trusted coins only, people mostly call the coins with "top coins". If we choose top coins with good reputation, we may be safer and have better chance of bigger profits. But if we choose random coins, they may be dead coins. If they become dead coins, we may get severe losses. There is no way to get profits if they coins be dead coins. They will be nowhere, the exchanges will delist them.
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Your insights into the risks of trading, especially for beginners, and the importance of HODLing are well-founded. Trading can be risky due to market volatility, pump-and-dump schemes, and the complexities of timing the market, particularly with altcoins that can be more unpredictable than Bitcoin. HODLing, on the other hand, is often a safer strategy for long-term investors who believe in the future of specific cryptocurrencies.
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Your insights into the risks of trading, especially for beginners, and the importance of HODLing are well-founded. Trading can be risky due to market volatility, pump-and-dump schemes, and the complexities of timing the market, particularly with altcoins that can be more unpredictable than Bitcoin. HODLing, on the other hand, is often a safer strategy for long-term investors who believe in the future of specific cryptocurrencies.
Speculation will always have its risks that are best taken with due diligence. Cryptocurrency trading is not something that one can easily turn into a successful trading online business venture. It would be important to familiarize ourselves with all the possibilities and approaches that can be utilized so that we do not fail. hold is one of the strategies that may be used when we find ourselves with a bad market situation, if we let go of the assets that we hold we are likely to lose. But when we can survive and hold, then profit is still possible.
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Your insights into the risks of trading, especially for beginners, and the importance of HODLing are well-founded. Trading can be risky due to market volatility, pump-and-dump schemes, and the complexities of timing the market, particularly with altcoins that can be more unpredictable than Bitcoin. HODLing, on the other hand, is often a safer strategy for long-term investors who believe in the future of specific cryptocurrencies.
Speculation will always have its risks that are best taken with due diligence. Cryptocurrency trading is not something that one can easily turn into a successful trading online business venture. It would be important to familiarize ourselves with all the possibilities and approaches that can be utilized so that we do not fail. hold is one of the strategies that may be used when we find ourselves with a bad market situation, if we let go of the assets that we hold we are likely to lose. But when we can survive and hold, then profit is still possible.
Holding for the long term is a good thing to do in investing in crypto currency, the longer you hold it, the more profit you will get if you choose potential coins, but it requires free capital because most people choose short and medium term rather than long term.
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Your insights into the risks of trading, especially for beginners, and the importance of HODLing are well-founded. Trading can be risky due to market volatility, pump-and-dump schemes, and the complexities of timing the market, particularly with altcoins that can be more unpredictable than Bitcoin. HODLing, on the other hand, is often a safer strategy for long-term investors who believe in the future of specific cryptocurrencies.
Speculation will always have its risks that are best taken with due diligence. Cryptocurrency trading is not something that one can easily turn into a successful trading online business venture. It would be important to familiarize ourselves with all the possibilities and approaches that can be utilized so that we do not fail. hold is one of the strategies that may be used when we find ourselves with a bad market situation, if we let go of the assets that we hold we are likely to lose. But when we can survive and hold, then profit is still possible.
Holding for the long term is a good thing to do in investing in crypto currency, the longer you hold it, the more profit you will get if you choose potential coins, but it requires free capital because most people choose short and medium term rather than long term.
Yes, investing is risky for those who prefer short term investment. While I can't guarantee in altcoins long term is profitable, holding one of the top coins long-term will increase chances of making big returns. Investing in cryptocurrency short term and medium term both are risky. Bitcoin is the best in this case but I think among the altcoins Ether and BNB will be able to give a big return in the long term.
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Yes, investing is risky for those who prefer short term investment. While I can't guarantee in altcoins long term is profitable, holding one of the top coins long-term will increase chances of making big returns. Investing in cryptocurrency short term and medium term both are risky. Bitcoin is the best in this case but I think among the altcoins Ether and BNB will be able to give a big return in the long term.
I don't think risk when investing in altcoin with short term because many top or potential altcoin have faster recovery to earn enough profitable with short term trading target.
But get small profitable when short term trading in top altcoin but not all trader interested with long term because they want to earn profitable every time or consistent.
Long term profitable in altcoin take around several years later because when market condition stable I think not all trader have patience waiting for long term with their trading in altcoin although as top or potential altcoin.
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Yes, investing is risky for those who prefer short term investment. While I can't guarantee in altcoins long term is profitable, holding one of the top coins long-term will increase chances of making big returns. Investing in cryptocurrency short term and medium term both are risky. Bitcoin is the best in this case but I think among the altcoins Ether and BNB will be able to give a big return in the long term.
Every investor has their own strategy, and it's hard to say whether short-term or long-term strategies will yield more profits as it depends on individual capabilities. Short-term investors need enough experience to buy low and sell high, while long-term investors only need to focus on the token price in Q2 2025, not daily or weekly fluctuations.
The same might apply to choosing between BTC and ALTs for a portfolio. BTC price has only dropped about 20% from its ATH of $74K, but many ALTs have made new lows below even Q3 2022. This is quite unusual because halving has occurred, and investors are expecting an ATH, not a lower low. Bitseason has lasted too long, and we are still waiting for Altseason, although we cannot predict the reason or timing for its activation in this cycle.
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Yes, investing is risky for those who prefer short term investment. While I can't guarantee in altcoins long term is profitable, holding one of the top coins long-term will increase chances of making big returns. Investing in cryptocurrency short term and medium term both are risky. Bitcoin is the best in this case but I think among the altcoins Ether and BNB will be able to give a big return in the long term.
Every investor has their own strategy, and it's hard to say whether short-term or long-term strategies will yield more profits as it depends on individual capabilities. Short-term investors need enough experience to buy low and sell high, while long-term investors only need to focus on the token price in Q2 2025, not daily or weekly fluctuations.
The same might apply to choosing between BTC and ALTs for a portfolio. BTC price has only dropped about 20% from its ATH of $74K, but many ALTs have made new lows below even Q3 2022. This is quite unusual because halving has occurred, and investors are expecting an ATH, not a lower low. Bitseason has lasted too long, and we are still waiting for Altseason, although we cannot predict the reason or timing for its activation in this cycle.
they have different reason for trading short term. when you are used to seeing the price not continue to go but just keep on fluctuating, its a good reason for short term.
high hopes for the long term investors. i'm sure they only do the long term in the bull season. however the bull season time time is only for BTC.
due to halving, its reasonable to keep the faith. to this day we are still waiting for the altcoins season to happen. with the recession predicted to come, it may just be hard to find the projects we hold to come up with good profit. sure hope it will come earlier before i run out of patience. ;D
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Yes, investing is risky for those who prefer short term investment. While I can't guarantee in altcoins long term is profitable, holding one of the top coins long-term will increase chances of making big returns. Investing in cryptocurrency short term and medium term both are risky. Bitcoin is the best in this case but I think among the altcoins Ether and BNB will be able to give a big return in the long term.
Every investor has their own strategy, and it's hard to say whether short-term or long-term strategies will yield more profits as it depends on individual capabilities. Short-term investors need enough experience to buy low and sell high, while long-term investors only need to focus on the token price in Q2 2025, not daily or weekly fluctuations.
The same might apply to choosing between BTC and ALTs for a portfolio. BTC price has only dropped about 20% from its ATH of $74K, but many ALTs have made new lows below even Q3 2022. This is quite unusual because halving has occurred, and investors are expecting an ATH, not a lower low. Bitseason has lasted too long, and we are still waiting for Altseason, although we cannot predict the reason or timing for its activation in this cycle.
they have different reason for trading short term. when you are used to seeing the price not continue to go but just keep on fluctuating, its a good reason for short term.
high hopes for the long term investors. i'm sure they only do the long term in the bull season. however the bull season time time is only for BTC.
due to halving, its reasonable to keep the faith. to this day we are still waiting for the altcoins season to happen. with the recession predicted to come, it may just be hard to find the projects we hold to come up with good profit. sure hope it will come earlier before i run out of patience. ;D
altcoin season is likely to occur when the bullish season begins, it is estimated early next year. so if we have collected good altcoins, keep holding until next year, holding for the long term is always a good choice for me, because my trading skills are not good.
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Yes, investing is risky for those who prefer short term investment. While I can't guarantee in altcoins long term is profitable, holding one of the top coins long-term will increase chances of making big returns. Investing in cryptocurrency short term and medium term both are risky. Bitcoin is the best in this case but I think among the altcoins Ether and BNB will be able to give a big return in the long term.
Every investor has their own strategy, and it's hard to say whether short-term or long-term strategies will yield more profits as it depends on individual capabilities. Short-term investors need enough experience to buy low and sell high, while long-term investors only need to focus on the token price in Q2 2025, not daily or weekly fluctuations.
The same might apply to choosing between BTC and ALTs for a portfolio. BTC price has only dropped about 20% from its ATH of $74K, but many ALTs have made new lows below even Q3 2022. This is quite unusual because halving has occurred, and investors are expecting an ATH, not a lower low. Bitseason has lasted too long, and we are still waiting for Altseason, although we cannot predict the reason or timing for its activation in this cycle.
they have different reason for trading short term. when you are used to seeing the price not continue to go but just keep on fluctuating, its a good reason for short term.
high hopes for the long term investors. i'm sure they only do the long term in the bull season. however the bull season time time is only for BTC.
due to halving, its reasonable to keep the faith. to this day we are still waiting for the altcoins season to happen. with the recession predicted to come, it may just be hard to find the projects we hold to come up with good profit. sure hope it will come earlier before i run out of patience. ;D
altcoin season is likely to occur when the bullish season begins, it is estimated early next year. so if we have collected good altcoins, keep holding until next year, holding for the long term is always a good choice for me, because my trading skills are not good.
Long term holding should be given more priority than immediate profit. Long term holding can expect high profits which can be multiples so every investor should ensure proper use of bearish periods and buy at regular intervals. Options for high returns on investment are holding and continuous buying.
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Long term holding should be given more priority than immediate profit. Long term holding can expect high profits which can be multiples so every investor should ensure proper use of bearish periods and buy at regular intervals. Options for high returns on investment are holding and continuous buying.
Holding altcoins and even doing DCA for altcoins are not the best idea if you ask me. This is my personal opinion and you do not have to agree with me. I have invested in altcoins for a while but unfortunately, I am always in loss with altcoins while I am in profit with my Bitcoin accumulations.
I have sold a small portion of my Bitcoin to buy some altcoins which I did, and bought some altcoins. Just so you know, I did not buy any coins that are not in the top 100 on coinmarketcap. These are mostly well-established coins and unfortunately, these tokens are dumping hard even though Bitcoin touched another ATH this year.
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Long term holding should be given more priority than immediate profit. Long term holding can expect high profits which can be multiples so every investor should ensure proper use of bearish periods and buy at regular intervals. Options for high returns on investment are holding and continuous buying.
Holding altcoins and even doing DCA for altcoins are not the best idea if you ask me. This is my personal opinion and you do not have to agree with me. I have invested in altcoins for a while but unfortunately, I am always in loss with altcoins while I am in profit with my Bitcoin accumulations.
I have sold a small portion of my Bitcoin to buy some altcoins which I did, and bought some altcoins. Just so you know, I did not buy any coins that are not in the top 100 on coinmarketcap. These are mostly well-established coins and unfortunately, these tokens are dumping hard even though Bitcoin touched another ATH this year.
If you feel you don't need to buy altcoins, it's up to your beliefs and considerations, maybe you have your own policy and feel that bitcoin is more profitable. I also buy bitcoin and other top coins, of course altcoins like ethereum, BNB and Solana. I also get benefits from altcoins, so maybe we have different opinions, that's normal.
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If you're holding altcoins, then don't get distracted or lose guard by holding for too long, because some of them will fall and never rise as from where they were, because some of them are unpredictable and all these are part of the reasons why we keep seeing the increase in fear of missing out by many investors and newbies who are willing to go into crypto but scared of loosing it all.
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If you feel you don't need to buy altcoins, it's up to your beliefs and considerations, maybe you have your own policy and feel that bitcoin is more profitable. I also buy bitcoin and other top coins, of course altcoins like ethereum, BNB and Solana. I also get benefits from altcoins, so maybe we have different opinions, that's normal.
Everyone has their own way of accumulating tokens/coins, and their investment type differs. I would love to respect your point of view as well. The thing I wanted to say is that Altcoins are not for long-term holding. You have to know when to exit the market. It is fine if you can make wise decisions and benefit from the altcoins. But if you don't know when to exit, the market will take benefits from you.
It is easy to make money from altcoins if you know when and what to do. But it is easier to lose money on altcoins as well. There are a lot of coins that pumped 10x even before Bitcoin made the last ATH. But these tokens are 500% down at this moment. Can you imagine? These are common things in the Altcoins market. The investors had to exit the market and buy back now.
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For me, holding altcoins is something that doesn't require much thought or action, for me the best ones are in the top 5 of CMC, for me they are the most reliable to trade, other altcoins imply much more danger for me because obviously they can fall to nothing, and that is something very unpleasant, if not, ask those who were in Hodl mode on Luna, in this order of days I would say that ETH is much better and I would surely go for MONERO, but seeing that Monero has been delisted from many exchanges it is more difficult, but it is a very good currency for the privacy it provides.
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If you're holding altcoins, then don't get distracted or lose guard by holding for too long, because some of them will fall and never rise as from where they were, because some of them are unpredictable and all these are part of the reasons why we keep seeing the increase in fear of missing out by many investors and newbies who are willing to go into crypto but scared of loosing it all.
Well, we all have our own choice of crypto potentials; no one can tell others that it's not a potential or don't invest in it, because whatever crypto shit it is or not, you can also get profit there. It just depends. to holders who believe.
All I can say is let's choose short- or long-term cryptos that are top-listed in the market so that at least there is a real chance that we can get a profit from them.
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If you're holding altcoins, then don't get distracted or lose guard by holding for too long, because some of them will fall and never rise as from where they were, because some of them are unpredictable and all these are part of the reasons why we keep seeing the increase in fear of missing out by many investors and newbies who are willing to go into crypto but scared of loosing it all.
Well, we all have our own choice of crypto potentials; no one can tell others that it's not a potential or don't invest in it, because whatever crypto shit it is or not, you can also get profit there. It just depends. to holders who believe.
All I can say is let's choose short- or long-term cryptos that are top-listed in the market so that at least there is a real chance that we can get a profit from them.
In my opinion, if we do not have the knowledge and experience in conducting research, we can refer to CMC by buying top coins, because when talking about potential, not all crypto has the potential to generate profits because investing in crypto is very risky. So it is not recommended to buy coins without doing research first, because we will experience losses. We should be able to choose which coins are good for the long term, medium term and short term. If the long term is bitcoin, it remains a priority, if the short and medium term we can choose altcoins that are in the top 2 coins, that's my suggestion.
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In my opinion, if we do not have the knowledge and experience in conducting research, we can refer to CMC by buying top coins, because when talking about potential, not all crypto has the potential to generate profits because investing in crypto is very risky. So it is not recommended to buy coins without doing research first, because we will experience losses. We should be able to choose which coins are good for the long term, medium term and short term. If the long term is bitcoin, it remains a priority, if the short and medium term we can choose altcoins that are in the top 2 coins, that's my suggestion.
Actually, in my opinion, choosing coins in CMC also requires experience and knowledge, where we have to do research and make analysis so we don't just choose and buy the coins. So, buying coins anywhere, you should do research first so that we can get maximum profit.
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It is very dangerous if we hold on altcoin coins because I have seen a lot of altcoins, when we hold when the coins are entered on the first exchange the price will go down even if the team doesn't quickly take action on liquid or make updates to the project then it could- The project could experience continuous decline and no improvement. but not all altcoin projects are like that, it is possible that you can hold 30-40% of altcoins and you must be really prepared to face whatever happens in the future. My suggestion is that it is better to hold coins listed on the coinmarket, such as bitcoin, ethereum, solona, bnb.
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In my opinion, if we do not have the knowledge and experience in conducting research, we can refer to CMC by buying top coins, because when talking about potential, not all crypto has the potential to generate profits because investing in crypto is very risky. So it is not recommended to buy coins without doing research first, because we will experience losses. We should be able to choose which coins are good for the long term, medium term and short term. If the long term is bitcoin, it remains a priority, if the short and medium term we can choose altcoins that are in the top 2 coins, that's my suggestion.
Actually, in my opinion, choosing coins in CMC also requires experience and knowledge, where we have to do research and make analysis so we don't just choose and buy the coins. So, buying coins anywhere, you should do research first so that we can get maximum profit.
It is indeed easier to buy altcoins according to the CMC list because we don't need to do in-depth research, just observe the movement and understand the character of the coin. I also did the same thing when buying coins from CMC first and I observed them in the market. Until I am sure that the coin will have a good movement, I will buy it. because it is not easy to choose potential coins for investment.
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All I can say is let's choose short- or long-term cryptos that are top-listed in the market so that at least there is a real chance that we can get a profit from them.
I had also thought about that strategy, because normally things in the altcoins the movements are much more violent, and one always expects them to go up in price, but when they say they will go down they do it in an impressive way and very quickly, that is the biggest problem I see in the market for Holding altcoins, in reality these are experiences that I have seen, and from which one really learns, that is why each thing I find in the gfor seems interesting to me, because they are things that have happened to other Traders.
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It is indeed easier to buy altcoins according to the CMC list because we don't need to do in-depth research, just observe the movement and understand the character of the coin. I also did the same thing when buying coins from CMC first and I observed them in the market. Until I am sure that the coin will have a good movement, I will buy it. because it is not easy to choose potential coins for investment.
This method is good back in the days, you can just look at the market and buy coin based on their marketcap performance but now, it's easy to see a coin trending within the top 10 only to drop below that or fall even below top 20 market cap because anything can happen, SEC are watching, the government are watching and they can attack anytime.
No matter how sweet a project looks for thag time, personal research is necessary otherwise you will but something that is too good to be true only to be left hanging. Do your own research to be at a safe space.