Quote from: Silberman on October 26, 2023, 08:48:06 PM

Quote from: Zanab247 on October 26, 2023, 03:13:42 PM

I believe will saw the new shift of many altcoins price that made the green light to remain stable in some days to make some altcoins hodlers to make a new decision to apply for potential altcoins that will make their profits surplus when the real bull run show up in the market soon. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market. Do you think this two altcoins are good in long hodling in this season? Because I have seen some reason that made me to apply for long term in this little shift of the price of altcoins which the bull run will show up fully next week.

Those two are some of the best altcoins we have on the market, so it makes sense that people like you would like to hold them for the long term, however you still need to be careful with those coins as they could still disappear incredibly quickly under the wrong circumstances, and one example of this is the FTX exchange which seemed to be very strong and suddenly it collapsed and it brought the whole market down, including its native token, and while unlikely it is not impossible this could happen to the binance exchange, and anyone holding its tokens for the long term could lose all the capital they invested in those coins.

I align with what you and OP have analysed, because it is important to have other reliable crypro coins besides bitcoin, so investors can have options to grow their investments in the crypto market. These two altcoins in discussion, being , ethereum and binance, are the altcoins that i can put my money on, because just like bitcoin, they have proven their worth in the crypto market. I'm very weary of other altcoins in the market, especially the new ones, which value can suddenly turn wortless, or worse disappear totally. Also we might not know scam projects in altcoins, so for me it's better to stick to the ones that i know to have proven their track records.

Everybody is expecting the coming bitcoin bull run to rub off on altcoins too, so yes if any investor wants to expand their investments by buying into the reliable altcoins that are mentioned above then I think that they're good to go. I can't go beyond these two altcoins, because i like to minimize my risks. So it's bitcoin, ethereum and Binance, for me, as far as cryptocurrency goes. There are certainly others but I'm good with these three.