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Author Topic: HODLing Altcoins  (Read 27250 times)

Offline Roseline492

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Re: HODLing Altcoins
« Reply #270 on: July 03, 2024, 06:35:50 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.

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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Re: HODLing Altcoins
« Reply #270 on: July 03, 2024, 06:35:50 PM »

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Offline Jamal Aezaz

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Re: HODLing Altcoins
« Reply #271 on: July 03, 2024, 09:29:17 PM »
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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Re: HODLing Altcoins
« Reply #271 on: July 03, 2024, 09:29:17 PM »

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Offline kulkhan

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Re: HODLing Altcoins
« Reply #272 on: July 03, 2024, 10:44:10 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.

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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Offline UNIVERSE

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Re: HODLing Altcoins
« Reply #273 on: July 03, 2024, 11:46:38 PM »
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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Re: HODLing Altcoins
« Reply #274 on: July 04, 2024, 05:46:53 PM »
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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Re: HODLing Altcoins
« Reply #275 on: July 04, 2024, 06:54:54 PM »
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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Re: HODLing Altcoins
« Reply #276 on: July 04, 2024, 07:39:50 PM »
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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Re: HODLing Altcoins
« Reply #276 on: July 04, 2024, 07:39:50 PM »


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Re: HODLing Altcoins
« Reply #277 on: July 04, 2024, 07:55:45 PM »
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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Re: HODLing Altcoins
« Reply #278 on: July 04, 2024, 09:36:40 PM »
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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Re: HODLing Altcoins
« Reply #279 on: July 05, 2024, 10:25:48 PM »
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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Offline alltalk

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Re: HODLing Altcoins
« Reply #280 on: July 05, 2024, 10:46:39 PM »
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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Re: HODLing Altcoins
« Reply #281 on: July 06, 2024, 03:37:51 PM »
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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Offline Mr. Magkaisa

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Re: HODLing Altcoins
« Reply #282 on: July 06, 2024, 04:24:37 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.

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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Re: HODLing Altcoins
« Reply #283 on: July 06, 2024, 05:03:45 PM »
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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Re: HODLing Altcoins
« Reply #284 on: July 06, 2024, 11:40:44 PM »
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.



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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