HODLing Altcoins

[Rubel007]

• 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?

Actually we don't know for sure, but we know the potential of altcoin based on our own analysis.. it really differs from each other's opinions, so the results may not be in accordance with what we know... that's our limitation.. we can choose, but we can't control according to our thoughts.

Ethereum and Solana now look a little more convincing, some people should have a positive view of the future of these two altcoins.

We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the  risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.

[Asiska02]

We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the  risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.

A lot of altcoins are being launched every year and what I see about most of them is to gather liquidity from people and exit the market. This is why having knowledge about a coin you wish to invest in is very important before putting your money in them. There are a lot of ways you can find out how good an altcoin will be for an investment or not. Some altcoins when dumped, you’ll regret investing in them and would have preferred you took the risk of trading than investing. What is worth spending money on is worth doing research about too, don’t fall for the FOMO, you can always make the right decision after proper research about a coin.

[UNIVERSE]

We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the  risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.

People don't need to invest in 1 Bitcoin, people can buy a small number of Bitcoin. I think it is no problem if we want to invest in Bitcoin even if we have limited funds. Bitcoin is safe investment, even if it is small number but we will have high chance to get profits in the future. But if we want to try to get bigger profits with altcoins, it is no problem as long as we choose good altcoins. BNB, ETH, and SOL are 3 recommended altcoins. Buying these altcoins are quite safe, too. There are many big investors put their money in these top altcoins as well.

[pieppiep]

We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the  risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.

People don't need to invest in 1 Bitcoin, people can buy a small number of Bitcoin. I think it is no problem if we want to invest in Bitcoin even if we have limited funds. Bitcoin is safe investment, even if it is small number but we will have high chance to get profits in the future. But if we want to try to get bigger profits with altcoins, it is no problem as long as we choose good altcoins. BNB, ETH, and SOL are 3 recommended altcoins. Buying these altcoins are quite safe, too. There are many big investors put their money in these top altcoins as well.

Bitcoin is the main goal of every many people who understand cryptocurrency trading. Bitcoin does currently have a fairly expensive price. But we need to know that the price of Bitcoin still has the potential to be more expensive than the current price. The altcoins you mentioned are widely used by other traders to increase the Bitcoin they have. The most important thing is to remain careful when you want to enter and buy any type of cryptocurrency.

[Agbe]

Snip

Diversification of investment is good but which of the altcoins projects is to invest because last month when an AirDrop used Ethereum to payout his participants, the participants were crying that the transaction fee was too high and foe that they received only small amount. So to know which of the altcoins projects are good to invest more s an another thing to know. Because you can't just invest in any altcoin. But good one and foe now I think TON is one of the altcoin to invest.

[LUCKMCFLY]

There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.

Yes, most people target to take profits at $100k and $150k. I think there is no problem to set a target at $150k. But it looks like a more difficult to achieve, I personally don't brave because I don't want to take a too high risk. I prefer to set a target at $100k, I think it is a bit safe as a target for taking profits.

People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.

I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.

Well, the truth is that when it comes to holding an altcoin you have to be very decisive, because I'm not saying anything about holding Bitcoin, but to hold another altcoin I think I would do it on the first 4 or 5 altcoins of the CMC top, but I consider that it is always a big risk, however one has to take risks, with respect to meme coins, well it is a good option, buy right now when they are low in price and then set a target and once it reaches that 35-40% well it is not a bad business.

[SmartGold01]

There are also people who set 2 targets, for example until bitcoin reaches 100k and reaches 150k. When it reaches 100k they will sell some and hold the other part until their second target is reached.

Yes, most people target to take profits at $100k and $150k. I think there is no problem to set a target at $150k. But it looks like a more difficult to achieve, I personally don't brave because I don't want to take a too high risk. I prefer to set a target at $100k, I think it is a bit safe as a target for taking profits.

People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.

I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.

Well, the truth is that when it comes to holding an altcoin you have to be very decisive, because I'm not saying anything about holding Bitcoin, but to hold another altcoin I think I would do it on the first 4 or 5 altcoins of the CMC top, but I consider that it is always a big risk, however one has to take risks, with respect to meme coins, well it is a good option, buy right now when they are low in price and then set a target and once it reaches that 35-40% well it is not a bad business.

Like you already said it should be only reputed coin and for memecoin well let it also be a well know meme that doesn't lose it value so quickly because most of the newly launched ones can easily be manipulated in the market and if investors or newbie investors who doesn't know how the market works would end up feeding the market with his valuable coin. So if at all someone must investment it should be on a trusted altcoin and not just overhyped coins.

Anyway +1 for you

[Jamal Aezaz]

Bitcoin is the main goal of every many people who understand cryptocurrency trading. Bitcoin does currently have a fairly expensive price. But we need to know that the price of Bitcoin still has the potential to be more expensive than the current price. The altcoins you mentioned are widely used by other traders to increase the Bitcoin they have. The most important thing is to remain careful when you want to enter and buy any type of cryptocurrency.

The goal of everyone is just to invest in Bitcoin due to the reality that Bitcoin provides surety that in future a day will come when there will be a pump in its price, as it is now 59k$ so it will not remain in the same price forever but alteration will take place sometimes in our favors while other time it will be opposite.

Altcoins are also profitable but as there are new coins emerging every day so we cannot make differentiation and we cannot predict the future therefore we always prefer Bitcoin for investment.  Your profit will always be dependent on the coin in which you are investing because people choose so many coins but their coins are not worthy so it is clear that the number of coins does not give you more profit but the nature of coins can give you a good return.

[$crypto$]

People who dare to set that target because they have also secured profits from the sale at 100k, or in other words the coins they hold for the next target are profits they have not taken.

I also usually apply this to altcoins or when I want to enter the memecoin market. When the price goes up I will secure the capital and take a little profit and the rest I hold. This will not be a burden, because I consider it lost money.

Well, the truth is that when it comes to holding an altcoin you have to be very decisive, because I'm not saying anything about holding Bitcoin, but to hold another altcoin I think I would do it on the first 4 or 5 altcoins of the CMC top, but I consider that it is always a big risk, however one has to take risks, with respect to meme coins, well it is a good option, buy right now when they are low in price and then set a target and once it reaches that 35-40% well it is not a bad business.

Like you already said it should be only reputed coin and for memecoin well let it also be a well know meme that doesn't lose it value so quickly because most of the newly launched ones can easily be manipulated in the market and if investors or newbie investors who doesn't know how the market works would end up feeding the market with his valuable coin. So if at all someone must investment it should be on a trusted altcoin and not just overhyped coins.

Anyway +1 for you

I also totally agree that memecoin is a very risky investment asset for us to hold, but what I mean is when I want to get into memecoin and I also still have the minimum amount of money and that is the money I am ready to lose.

Yes, it would be better if we had altcoin at the top, it is much safer to hold than the others. Yes, even though the risk will still be there, at least the risk is much smaller than the others.

[Themepen]

The goal of everyone is just to invest in Bitcoin due to the reality that Bitcoin provides surety that in future a day will come when there will be a pump in its price, as it is now 59k$ so it will not remain in the same price forever but alteration will take place sometimes in our favors while other time it will be opposite.

Altcoins are also profitable but as there are new coins emerging every day so we cannot make differentiation and we cannot predict the future therefore we always prefer Bitcoin for investment.  Your profit will always be dependent on the coin in which you are investing because people choose so many coins but their coins are not worthy so it is clear that the number of coins does not give you more profit but the nature of coins can give you a good return.

I think Bitcoin is good investment because its value will likely go up in long run. Other cryptocurrencies means altcoins can also be profitable but it is really hard to find out which one will do well because new and new cryptocurrencies are coming out every day.
Bitcoin is safer choice because it is well known and there is only limited amount of it. Remember making money depends on investing in good coin not just buying many different coins. To do well in cryptocurrency we need to invest wisely and make informed decisions.

[Rubel007]

We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the  risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.

A lot of altcoins are being launched every year and what I see about most of them is to gather liquidity from people and exit the market. This is why having knowledge about a coin you wish to invest in is very important before putting your money in them. There are a lot of ways you can find out how good an altcoin will be for an investment or not. Some altcoins when dumped, you’ll regret investing in them and would have preferred you took the risk of trading than investing. What is worth spending money on is worth doing research about too, don’t fall for the FOMO, you can always make the right decision after proper research about a coin.

Your words are correct. When a lot of altcoins added to the market, it becomes very difficult to know which one is appropriate for investment. Not only other people's words but if you don't have your own experience then there is more chance of losing than gaining by investing. Before investing in altcoins an investor must accept the risk and should invest in some coins where the risk is relatively low. There are some altcoins where the probability of losing is low but the potential of profit is also low. There are also some newer altcoins that are more risky. It is up to the investor to decide what he wants to do. Do your own research if you want to invest in altcoins.

[LUCKMCFLY]

We know that not everyone is worthy to invest in Bitcoin because not everyone will be able to invest large amounts. Altcoins can be a good option for investors who cannot make large investments. However, there is more risk than investing in Bitcoin. But if investment is done well researched it will be possible to get relatively good returns. And among the altcoins, if an investor invests in the top coins, then the  risk will be reduced and high returns can also come. Besides the coins you mentioned, I can consider BNB Coin as a very potential coin, but long-term planning should be done before investing.

A lot of altcoins are being launched every year and what I see about most of them is to gather liquidity from people and exit the market. This is why having knowledge about a coin you wish to invest in is very important before putting your money in them. There are a lot of ways you can find out how good an altcoin will be for an investment or not. Some altcoins when dumped, you’ll regret investing in them and would have preferred you took the risk of trading than investing. What is worth spending money on is worth doing research about too, don’t fall for the FOMO, you can always make the right decision after proper research about a coin.

Your words are correct. When a lot of altcoins added to the market, it becomes very difficult to know which one is appropriate for investment. Not only other people's words but if you don't have your own experience then there is more chance of losing than gaining by investing. Before investing in altcoins an investor must accept the risk and should invest in some coins where the risk is relatively low. There are some altcoins where the probability of losing is low but the potential of profit is also low. There are also some newer altcoins that are more risky. It is up to the investor to decide what he wants to do. Do your own research if you want to invest in altcoins.

Well, for me, buying altcoins is like a lottery, it's always more a matter of luck than doing any kind of analysis, you can't do a technical analysis with such a short time of launch, in fact if we look at all the altcoins they depend on bitcoin, but that's because Bitcoin has a life of its own, otherwise any altcoin can't Sustain itself, that's something we have to start with, but for that it's better to trust the altcoins that come after BTC, like ETH, and the first ones that are in the CMC top.

[debra]

I think Bitcoin is good investment because its value will likely go up in long run. Other cryptocurrencies means altcoins can also be profitable but it is really hard to find out which one will do well because new and new cryptocurrencies are coming out every day.
Bitcoin is safer choice because it is well known and there is only limited amount of it. Remember making money depends on investing in good coin not just buying many different coins. To do well in cryptocurrency we need to invest wisely and make informed decisions.

Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.

Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.

[bounceback]

Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.

Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.

Bitcoin have good investment assets for holding as long term or short term, we can see history of bitcoin year by year keep increasing to higher price and get not bigger risk when investing our assets in bitcoin than altcoin. Indeed still difficult break out to higher price and reach new ATH but Bitcoin always get potential faster recovery after last several days ago drop to lower price.
Current news, have been one thousand wallet or address have hold each 1 bitcoin right now and make bitcoin keep stronger not dominance by one person only.

[nakmantu99]

Everyone will agree about this, Bitcoin is always a good asset. Bitcoin price history is clear enough, it is very likely to increase again in the long run. Specifically in the next year (2025), we expect Bitcoin to hit a new ATH. Even if we don't know how far Bitcoin will increase in 2025, but it is very possible to break the current ATH.

Yes, altcoins are also good for investment as long as we choose top altcoins. I think we don't need to invest in random altcoins when we have many cheap top altcoins. Buying too many altcoins isn't a wise decision because altcoins basically is very risky. We should focus on the recommended altcoins only.

Bitcoin have good investment assets for holding as long term or short term, we can see history of bitcoin year by year keep increasing to higher price and get not bigger risk when investing our assets in bitcoin than altcoin. Indeed still difficult break out to higher price and reach new ATH but Bitcoin always get potential faster recovery after last several days ago drop to lower price.
Current news, have been one thousand wallet or address have hold each 1 bitcoin right now and make bitcoin keep stronger not dominance by one person only.

In my opinion, bitcoin is more suitable for long-term storage. because in the short term it seems like alcoin is more profitable than bitcoin. I tried short term trading with bitcoin, but I found it less profitable. That's why I prefer to hold Bitcoin for the long term.