Post
Topic
Board Altcoin Discussion
Re: What do you do with your altcoin holding with low value
by
Sophokles
on 22/02/2024, 19:47:00 UTC
For those of us that are into altcoin signature campaign and have accumulate some in your wallet, what do you do with it since some of them has low value at the moment if you check their current price?

Do you keep holding it hoping that the price will finally come up since it seems you can't actually trade it with it current value.

Will the altcoin become valueless after the campaign is over or could still gain value after some years.

maybe I will hold on to dear life until the time comes, I will consistently hold the coin until the coin rises almost close to the target, but it depends on the coin, what if there is no potential for it to rise, maybe I will cut loss, it all depends on you, you are making a very tough decision. However, you need to remember to do research first before taking any further action
Low market cap project can do wonderfully well in the market if we know how to look for good ones and hold. That is how many of the project we are seeing these days started and we have nothing to argue about. Even Ethereum that is one of the largest cryptocurrency project in the market right now with large market cap started as a low cap project but those that believe in it were able to make good.profits from it because they invested in it when the market cap was very low and affordable to accumulate large sum.

In most of the bull market, a few low cap project outperform all the others and make their position in the top 100 of CMC. Its hard to determine which one is going to be the holy grail so people do diversification to widen their exposure to the market. Still in most cases it would be too late to invest in such a project before they got massive volume. In the last bull run how many people got in sol and luna early when they were worth penny? Not so many so it's the combination of luck and experience to find the right project.