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Author Topic: HODLing Altcoins  (Read 27299 times)

Offline dekafee79

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Re: HODLing Altcoins
« Reply #255 on: June 06, 2024, 10:09:18 AM »
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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Re: HODLing Altcoins
« Reply #255 on: June 06, 2024, 10:09:18 AM »

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Offline Jamal Aezaz

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Re: HODLing Altcoins
« Reply #256 on: June 12, 2024, 02:03:53 PM »
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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Re: HODLing Altcoins
« Reply #256 on: June 12, 2024, 02:03:53 PM »

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Offline Aanuoluwatofunmi

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Re: HODLing Altcoins
« Reply #257 on: June 12, 2024, 07:25:11 PM »
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.

Offline pieppiep

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Re: HODLing Altcoins
« Reply #258 on: June 14, 2024, 07:03:28 AM »
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.

Offline dekafee79

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Re: HODLing Altcoins
« Reply #259 on: June 14, 2024, 07:51:27 AM »
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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Re: HODLing Altcoins
« Reply #260 on: June 27, 2024, 10:28:31 AM »
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.

Offline dekafee79

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Re: HODLing Altcoins
« Reply #261 on: June 30, 2024, 08:57:09 PM »


        -   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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Re: HODLing Altcoins
« Reply #261 on: June 30, 2024, 08:57:09 PM »


Offline salad daging

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Re: HODLing Altcoins
« Reply #262 on: June 30, 2024, 10:02:32 PM »


        -   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.

Offline pieppiep

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Re: HODLing Altcoins
« Reply #263 on: June 30, 2024, 11:53:22 PM »


        -   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.

Offline Sim_card

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Re: HODLing Altcoins
« Reply #264 on: July 01, 2024, 08:21:16 PM »
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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Re: HODLing Altcoins
« Reply #265 on: July 01, 2024, 11:47:13 PM »
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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Re: HODLing Altcoins
« Reply #266 on: July 02, 2024, 04:17:50 PM »
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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Re: HODLing Altcoins
« Reply #267 on: July 02, 2024, 07:13:53 PM »
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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Re: HODLing Altcoins
« Reply #268 on: July 03, 2024, 07:43:21 AM »
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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Re: HODLing Altcoins
« Reply #269 on: July 03, 2024, 04:14:26 PM »
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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