- 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.