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Author Topic: HODLing Altcoins  (Read 27301 times)

Offline _act_

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Re: HODLing Altcoins
« Reply #360 on: September 02, 2024, 09:56:58 PM »
If you're holding altcoins, then don't get distracted or lose guard by holding for too long, because some of them will fall and never rise as from where they were, because some of them are unpredictable and all these are part of the reasons why we keep seeing the increase in fear of missing out by many investors and newbies who are willing to go into crypto but scared of loosing it all.

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Re: HODLing Altcoins
« Reply #360 on: September 02, 2024, 09:56:58 PM »

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Re: HODLing Altcoins
« Reply #361 on: September 04, 2024, 03:35:34 PM »
If you feel you don't need to buy altcoins, it's up to your beliefs and considerations, maybe you have your own policy and feel that bitcoin is more profitable. I also buy bitcoin and other top coins, of course altcoins like ethereum, BNB and Solana. I also get benefits from altcoins, so maybe we have different opinions, that's normal.

Everyone has their own way of accumulating tokens/coins, and their investment type differs. I would love to respect your point of view as well. The thing I wanted to say is that Altcoins are not for long-term holding. You have to know when to exit the market. It is fine if you can make wise decisions and benefit from the altcoins. But if you don't know when to exit, the market will take benefits from you.

It is easy to make money from altcoins if you know when and what to do. But it is easier to lose money on altcoins as well. There are a lot of coins that pumped 10x even before Bitcoin made the last ATH. But these tokens are 500% down at this moment. Can you imagine? These are common things in the Altcoins market. The investors had to exit the market and buy back now.
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Re: HODLing Altcoins
« Reply #361 on: September 04, 2024, 03:35:34 PM »

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Re: HODLing Altcoins
« Reply #362 on: September 05, 2024, 10:46:28 PM »
For me, holding altcoins is something that doesn't require much thought or action, for me the best ones are in the top 5 of CMC, for me they are the most reliable to trade, other altcoins imply much more danger for me because obviously they can fall to nothing, and that is something very unpleasant, if not, ask those who were in Hodl mode on Luna, in this order of days I would say that ETH is much better and I would surely go for MONERO, but seeing that Monero has been delisted from many exchanges it is more difficult, but it is a very good currency for the privacy it provides.
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Re: HODLing Altcoins
« Reply #363 on: September 06, 2024, 04:03:25 PM »
If you're holding altcoins, then don't get distracted or lose guard by holding for too long, because some of them will fall and never rise as from where they were, because some of them are unpredictable and all these are part of the reasons why we keep seeing the increase in fear of missing out by many investors and newbies who are willing to go into crypto but scared of loosing it all.

Well, we all have our own choice of crypto potentials; no one can tell others that it's not a potential or don't invest in it, because whatever crypto shit it is or not, you can also get profit there. It just depends. to holders who believe.

All I can say is let's choose short- or long-term cryptos that are top-listed in the market so that at least there is a real chance that we can get a profit from them.
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Re: HODLing Altcoins
« Reply #364 on: September 09, 2024, 11:51:12 PM »
If you're holding altcoins, then don't get distracted or lose guard by holding for too long, because some of them will fall and never rise as from where they were, because some of them are unpredictable and all these are part of the reasons why we keep seeing the increase in fear of missing out by many investors and newbies who are willing to go into crypto but scared of loosing it all.

Well, we all have our own choice of crypto potentials; no one can tell others that it's not a potential or don't invest in it, because whatever crypto shit it is or not, you can also get profit there. It just depends. to holders who believe.

All I can say is let's choose short- or long-term cryptos that are top-listed in the market so that at least there is a real chance that we can get a profit from them.
In my opinion, if we do not have the knowledge and experience in conducting research, we can refer to CMC by buying top coins, because when talking about potential, not all crypto has the potential to generate profits because investing in crypto is very risky. So it is not recommended to buy coins without doing research first, because we will experience losses. We should be able to choose which coins are good for the long term, medium term and short term. If the long term is bitcoin, it remains a priority, if the short and medium term we can choose altcoins that are in the top 2 coins, that's my suggestion.

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Re: HODLing Altcoins
« Reply #365 on: September 10, 2024, 06:15:34 AM »

In my opinion, if we do not have the knowledge and experience in conducting research, we can refer to CMC by buying top coins, because when talking about potential, not all crypto has the potential to generate profits because investing in crypto is very risky. So it is not recommended to buy coins without doing research first, because we will experience losses. We should be able to choose which coins are good for the long term, medium term and short term. If the long term is bitcoin, it remains a priority, if the short and medium term we can choose altcoins that are in the top 2 coins, that's my suggestion.

Actually, in my opinion, choosing coins in CMC also requires experience and knowledge, where we have to do research and make analysis so we don't just choose and buy the coins. So, buying coins anywhere, you should do research first so that we can get maximum profit.

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Re: HODLing Altcoins
« Reply #366 on: September 10, 2024, 09:13:14 AM »
It is very dangerous if we hold on altcoin coins because I have seen a lot of altcoins, when we hold when the coins are entered on the first exchange the price will go down even if the team doesn't quickly take action on liquid or make updates to the project then it could- The project could experience continuous decline and no improvement. but not all altcoin projects are like that, it is possible that you can hold 30-40% of altcoins and you must be really prepared to face whatever happens in the future. My suggestion is that it is better to hold coins listed on the coinmarket, such as bitcoin, ethereum, solona, ​​bnb.

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Re: HODLing Altcoins
« Reply #366 on: September 10, 2024, 09:13:14 AM »


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Re: HODLing Altcoins
« Reply #367 on: September 10, 2024, 09:31:25 AM »

In my opinion, if we do not have the knowledge and experience in conducting research, we can refer to CMC by buying top coins, because when talking about potential, not all crypto has the potential to generate profits because investing in crypto is very risky. So it is not recommended to buy coins without doing research first, because we will experience losses. We should be able to choose which coins are good for the long term, medium term and short term. If the long term is bitcoin, it remains a priority, if the short and medium term we can choose altcoins that are in the top 2 coins, that's my suggestion.

Actually, in my opinion, choosing coins in CMC also requires experience and knowledge, where we have to do research and make analysis so we don't just choose and buy the coins. So, buying coins anywhere, you should do research first so that we can get maximum profit.
It is indeed easier to buy altcoins according to the CMC list because we don't need to do in-depth research, just observe the movement and understand the character of the coin. I also did the same thing when buying coins from CMC first and I observed them in the market. Until I am sure that the coin will have a good movement, I will buy it. because it is not easy to choose potential coins for investment.
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Re: HODLing Altcoins
« Reply #368 on: September 13, 2024, 05:45:50 PM »
All I can say is let's choose short- or long-term cryptos that are top-listed in the market so that at least there is a real chance that we can get a profit from them.

I had also thought about that strategy, because normally things in the altcoins the movements are much more violent, and one always expects them to go up in price, but when they say they will go down they do it in an impressive way and very quickly, that is the biggest problem I see in the market for Holding altcoins, in reality these are experiences that I have seen, and from which one really learns, that is why each thing I find in the gfor seems interesting to me, because they are things that have happened to other Traders.
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Re: HODLing Altcoins
« Reply #369 on: September 13, 2024, 06:26:28 PM »
It is indeed easier to buy altcoins according to the CMC list because we don't need to do in-depth research, just observe the movement and understand the character of the coin. I also did the same thing when buying coins from CMC first and I observed them in the market. Until I am sure that the coin will have a good movement, I will buy it. because it is not easy to choose potential coins for investment.

This method is good back in the days, you can just look at the market and buy coin based on their marketcap performance but now, it's easy to see a coin trending within the top 10 only to drop below that or fall even below top 20 market cap because anything can happen, SEC are watching, the government are watching and they can attack anytime.

No matter how sweet a project looks for thag time, personal research is necessary otherwise you will but something that is too good to be true only to be left hanging. Do your own research to be at a safe space.

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