HODLing Altcoins

[Rubel007]

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%.

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.

[dekafee79]

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

[Baofeng]

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.

[$crypto$]

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.

[Uruhara]

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.

[Cech1337]

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. 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.

[$crypto$]

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.

[UNIVERSE]

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.

[$crypto$]

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.

[doc]

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.

[$crypto$]

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.

[Mr. Magkaisa]

         -     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.

[doc]

         -     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.

[debra]

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.

[Gurujebs]

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.