Some Risks Of Hodling Alts for Long-Term

[tonymillions84]

i am a victim of this isssue. i have hold many coins/tokens hoping and believing there is hope for most tokens but i am highly disappointed. i have chosen to sell off the moment i noticed a good price. no need to hold since it will have no value later. no matter what, i am still holding so coins which i believe that have future. you never can tell. most of the tokens we see today started with 1 or 2 usd before the price move high.

[Ta.Form]

You are right. the most often I encounter when holding coins in the long-term is SWAP. Although some of the coins that I hold are the result of bounties, at least it makes me disappointed. need a note, I think, to record the progress of the coins we hold. 

[tervel]

I think should explore and select potential Altcoin to hold long-term to replace risky short-term transactions. I believe that HODL is always a good and profitable option,but it also depends on the crypto market.

[bxipp]

We all know the risk in cryptos trading was very high so we cannot expect thing will gonna be alright to hodl long term. Need to choose a good alts for that and the good one always the old one that stay a long time in the market. it more likely will stay and the price might will bump up if the market going wild again.

[MUGNIA]

there are many tokens that do not have a price in my wallet, it is true that we must be diligent in finding info about the coins we have.  so as not to miss the latest info.  I don't know if this token might be an antique coin and can be remembered if the project ever existed

[wanggober]

If it's like that, it's better not to hold a coin. Especially if from a bounty payment. Sell. We are not working 1-5 bounties. Even 10 bounties that we are working on. It's hard to check all the progress of the bounty we're working on.

[Delgboke]

I don't think that holding altcoins for long term period should don't even supposed to have any risk of holding but just because there are crypto project no matter how their roadmap looks good, it could be aboundoned one day.

[corr]

I think should explore and select potential Altcoin to hold long-term to replace risky short-term transactions. I believe that HODL is always a good and profitable option,but it also depends on the crypto market.

I also thought that hold was a good option to make money but for several years I was only losing money on it. I realized that I had made the mistake of buying good altcoins in the long run. If I invested in BTC I would have made a profit for a long time. I invested in altcoins and unfortunately received only losses. I realized that the best option is to trade

[vaysar]

If we are just talking about quick money, then the received altcoins from bounty programs should be sold immediately after listing on the exchange, as practice shows at this time the best price. But if we are talking about investments, then this is a little different - a good profit can be obtained only after a long period of time, not everyone has the patience to wait.

[masterrex]

Lets accept it folks all aspect in the cryptocurrency investment is risky that's why everyone who ventured in these industry should always ready since anything can happen in a short span of time, that's how crypto works, maybe if your purpose is for holdings, trading or investing in ICO,IEO,STO etc. all of it is associated with risk. that's why for me all sides of crypto related investment is a high risk and should be dealt with caution and if you are afraid of losing money then crypto investment is not for you.

[Bestzee]

One has to have a lot of patience as far as investing in altcoins is concerned. Markets move up and down ever minute, so there’s no room for panic and impatience if one is thinking to invest in here.

[Prime]

Noted that those are only applied for non-top altcoins. For the top altcoins like Ethereum, Ripple, Litecoin, or BNB coins seem not to end as you stated above @OP. That's why we need to be careful to choose altcoins for our assets. And we must know that they are good for short or long term assets.

[Master107]

if you hold a longer token or altcoin, for me you can also really be able to choose coins or tokens that have many benefits in the future, so I'm sure you will also get a good profit

You are referring to bitcoin and some altcoins that strong enough from the day of its creation until now and tomorrow.  Profit is not the only motivation why buy and hold.

[Nestle]

Of course if the holder does not know the information about the coins they use for investment. This information is very important if it is true they are confident in the investment they are using for the long term.

[tonymillions84]

i just emptied my wallet exchanging it with bitcoin. i prefer to hold bitcoin than most alts. they are all shits. many will fall sooner or later and it is a terrible business. instead of holding a token that will make the market better. it ends u been a waste and shit.  the reasons are uncountable.