HODLing Altcoins

[Vision pro]

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.

Yes there is a possibility of more profit if you hold bitcoin for long term and if you want to hold for short time then you can see the coins of alert coin if you take short time many times you get a lot of profit so people prefer them for short time.  In my opinion, Bitcoin is the best tie to hold because I think Bitcoin will hit $100,000 in a few days.

[MUGNIA]

• 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?

I'm just guessing and trying my luck to get a profit from the altcoin that I invested, for how many years I don't have a target for that, if I get a profit I will release the altcoin that I have but there are some that I hold to be able to get maximum profit including ETH, BNB , SOL and Tons

[Aanuoluwatofunmi]

In cryptocurrency, we should know how important it is to hold a coin and the same way, how it could be so painful for us to hold on a coin that will turned a failure in our hands, before we make a choice of which coin to invest, we have to make some research about them to see whether the investment we are doing is enough to stand the risk we are taking in it depending on the coin i consideration.

[UNIVERSE]

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.

It is not only traders, investors also will choose Bitcoin as their main goal. Bitcoin is the most secure crypto investment, it is proven to stay as the number 1 of crypto coins for many years. We also have enough data about the price growth of Bitcoin until now. So, it is not so difficult to make analysis related to Bitcoin. The price of Bitcoin also keep increasing from one bullrun season to another bullrun season. It is different with altcoins, many of altcoins haven't proven enough. It is too risky to invest in altcoins, specifically for new altcoins.

[Captain Corporate]

Bitcoin is the one that we trust the most and that is why its clear that we are all going to pick that one, there is no reason to select anything else. I understand that people are looking into this without caring about it all that much, we are going to see the result changing if another coin gets higher one day, but so far bitcoin is by far the best. So when you are a trader then your entire reason to trade is to have more bitcoins and when you are an investor then your entire reason to invest is to have more bitcoins. Nobody is trading so that they would have a lot more doge, why would anyone want that.

[JoyMarsha]

How do you know an altcoin will be good for HODLing?

The areas I look out in a coin to consider hodling them for long are the kind of market trends and sentiment they project, their scalability and usability. Their active community and their #DevelopmentTeam    .

When I go through the mentioned factors, it suits what I am looking for in a coin, I wouldn't mind investing in such altcoin for short term not for long term

How many years if surety do you have in HODLing altcoins and which altcoins are you currently HODLing?

I don't intend to hodl any altcoin for years, but rather for months. Altcoin is good for short term not for long term. I wouldn't encourage anyone to hodl altcoin for long because of the risks that come with it

[Jamal Aezaz]

In cryptocurrency, we should know how important it is to hold a coin and the same way, how it could be so painful for us to hold on a coin that will turned a failure in our hands, before we make a choice of which coin to invest, we have to make some research about them to see whether the investment we are doing is enough to stand the risk we are taking in it depending on the coin i consideration.

Everyone Whoever A holder should know the importance of holding coins but it is also important to know the difference between valuable and fruitless coins because holding requires your precious time so after holding for years if your coin remains fruitless then you will become disappointed which will not grant you to carry out your investment with patience again.

If you are holding a valuable coin then it will not hurt you if you keep it longer without experiencing a huge pump because you will have firm faith that it cannot go down permanently forever and also it cannot die like other altcoins. If you want to satisfy yourself even in unfavorable situations then your choice of holding coins should consist of tested coins the growth of which is prominent and is unfailing.

[satpol_PP]

In cryptocurrency, we should know how important it is to hold a coin and the same way, how it could be so painful for us to hold on a coin that will turned a failure in our hands, before we make a choice of which coin to invest, we have to make some research about them to see whether the investment we are doing is enough to stand the risk we are taking in it depending on the coin i consideration.

Everyone Whoever A holder should know the importance of holding coins but it is also important to know the difference between valuable and fruitless coins because holding requires your precious time so after holding for years if your coin remains fruitless then you will become disappointed which will not grant you to carry out your investment with patience again.

If you are holding a valuable coin then it will not hurt you if you keep it longer without experiencing a huge pump because you will have firm faith that it cannot go down permanently forever and also it cannot die like other altcoins. If you want to satisfy yourself even in unfavorable situations then your choice of holding coins should consist of tested coins the growth of which is prominent and is unfailing.

KJita doesn't need to be confused about holding coins to keep them valuable for years, we can buy bitcoin and hold it. It's better to choose top coins so that your coins remain valuable in the medium term, because I don't recommend holding altcoins for the long term. because according to me bitcoin is safe to hold for the long term.

[debra]

Bitcoin is the one that we trust the most and that is why its clear that we are all going to pick that one, there is no reason to select anything else. I understand that people are looking into this without caring about it all that much, we are going to see the result changing if another coin gets higher one day, but so far bitcoin is by far the best.

Of course people have the reason to add altcoins for their investment. Altcoins have higher volatility, there is a chance to get bigger profits. People want to try investing in altcoins, but most people choose the top altcoins. ETH, BNB, SOL, MATIC, TON, ADA, and XRP are the example of good altcoins. I think it is no problem if people want to diversify their assets with altcoins. We can have a bigger chance to get higher profits by investing in altcoins. It is not a must to invest in Bitcoin only!

[koang]

Bitcoin is the one that we trust the most and that is why its clear that we are all going to pick that one, there is no reason to select anything else. I understand that people are looking into this without caring about it all that much, we are going to see the result changing if another coin gets higher one day, but so far bitcoin is by far the best.

Of course people have the reason to add altcoins for their investment. Altcoins have higher volatility, there is a chance to get bigger profits. People want to try investing in altcoins, but most people choose the top altcoins. ETH, BNB, SOL, MATIC, TON, ADA, and XRP are the example of good altcoins. I think it is no problem if people want to diversify their assets with altcoins. We can have a bigger chance to get higher profits by investing in altcoins. It is not a must to invest in Bitcoin only!

It's about investment strategy, Diversification is a strategy to reduce the level of loss that investors can experience.
Dividing crypto assets into several types of crypto is a way to build a balanced crypto portfolio, Utility Tokens, Stablecoins, and Security tokens are examples of crypto types.
But proportional allocation must also be a concern, Bitcoin as a Store of Value must still get a larger portion. IMO

[bayu7adi]

• 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?

1 - From the community, from the developers and from its age... I see Ethereum has never died until now, and it can be said that Ethereum is an example of a successful altcoin along with its business model. Vitalik is also quite active in the media so that important updates about Ethereum are always running and its progress is interesting. And the most important thing is that fundamentally, Ethereum is very strong and good for long-term investment.

2 - More than 1 year, I think it is already included in the long-term level... after that, we also have to consider the price to exit the related coin investment, for example our target is 50% profit since the initial purchase (if doing DCA, the first purchase can also be a benchmark)... it means that besides having a time target, we also have a price target..

[Ujok]

If you want to save altcoins, we must first know about the project and research until we understand as much information as possible about the coins we will buy later. But investing in altcoins for the long term is very risky, I don't want to go in that direction because I have suffered a lot of losses on altcoins.

[MrSpasybo]

If you want to save altcoins, we must first know about the project and research until we understand as much information as possible about the coins we will buy later. But investing in altcoins for the long term is very risky, I don't want to go in that direction because I have suffered a lot of losses on altcoins.

ALTS typically have significantly larger fluctuations compared to BTC. Their prices can skyrocket during bull runs and then plummet during bear markets. Some even disappear or turn out to be scams in the market. Fundamental analysis to understand the team, solution, tokenomics, and backing funds can reduce the risk when investing in ALTS but cannot guarantee success. Terra and FTX are prime examples of such failures.

BTC is always a safer choice for investors and deserves at least a 50% allocation of capital. If investors still want to earn additional profits during bullrun, ETH and other native tokens are less risky options. I do not recommend that new investors choose NFTs, memecoins, GameFi, or DeFi as they may not have enough experience to handle their accounts during market fluctuations.

[Azharul]

Altcoins holding is one of the best prefer for the cryptocurrency market. We know that it's fluctuations compared to Bitcoin. We can see Bitcoin deserve of 56.08% allocation Capital in the cryptocurrency market. So if we holding in altcoins, we can get more profitable in this moment. So we should holding in any crypto we must understand in the crypto market, so that we could not loss in this market.

[bhadz]

1. I stay to the top ones, an easy strategy yet very effective.
2. Years already, the first one on my list is Ethereum and then BNB. I think that these two are the ones that I have been holding for so long.