Post
Topic
Board Altcoin Discussion
Re: Be careful of alts you hodl
by
Pamadar
on 22/07/2019, 12:17:22 UTC
I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.
one thing I have always know for sure is that many of this project will die off either in the long term or short term. Soon, we will only see stronger projects with good use in the market.

Even altcoin is in the top 10 now, if four years later one of them doesn't grow better to compete with other projects, it will also be eliminated and gradually forgotten. Just as Yahoo had and lost
As there's no real assurance if what future direct the movements of our investment, yes even those who are inside the top Alts can't assured anything, but with an investors mindset who really believes that the market will bring something better holding is still one of the best choice from this industry.