Is hodling alts dangerous?

[breeze170]

It is %100 more risky than holding bitcoin. Altcoins have very risky and volatile nature. They are affected harder with bad news, hack news etc. But they are equally affected by pump news so I think its fair to invest against risk for better profits.

[MarchToke]

Well it is also both risky and dangerous but that is what business is. You might win or loose. But in this business there is a big percentage of winning. All you have to do is the courage to hold all of your potential coins. Because even if the bitcoin and other coins will fall, it will still grow again and there is nothing to worry on holding.

[Jraf95]

Most of them will fail, it depends on which coins you hold. If you hold coins with no chance, then you are very likely to fail with them in the future. Good coins may die as well.

Holding verythibg is good if you know how to handle it, if you have altcoins its easy to hold but risk if your out of control holding alt needs a lot of patience as we see for the value too slow to pump and dump. It takes a months or even for a years to have a bigger value than the time of hold

[tot-o]

Holding altcoins is not dangerous at all, its risks on your own! Some coins tend to grow and a have movement on their values, but some unfortunate coins ma loss their value and slowly fade away if the owner of that coin is concerned with it, then making new strategy to upsell their coin is not possible but some are just out of luck or doesn't care anymore because they have already gained what they want, so be careful on choosing on what coin to hold.

[Metaljo]

not at all , alts moon in 2019 !

[drogba773]

Absolutely not. They will give you good profits if you hodl

[wodebutterfly]

There are both risks and rewards either for altcoin investment or BTC/LTC investment. So it mainly depends on how much you can handle the risks and how much money you want to invest! There are so many altcoins now, so you must be share when making the decision!

[ransow72]

Holding altcoins it's not dangerous.No altcoin will suddenly fall apart.You have the existing altcoins situation everyday need to look at the market.

[blatty]

Altcoins are everything except Bitcoin so of course you should hold some altcoins. Altcoins are the future. There are many great projects out there (and also lots of copycat shitcoins that don't do anything). If the crypto marketcap continues to grow then there is plenty of room for quality old, new and ico coins to coexist and return good profits.

[almtu]

I think there is a time it is dangerous to hold bug not every time. Altcoins ways is not the same to each other they are differ platforms and team members. They also have a different advisors. Holding in long terms is not always dangerous. There is no perfect time of altcoins in always green color it must go in low price.

[DigitalLemming]

if $20,000% returns is dangerous then I'm living on the edge

[wuclx]

Just do your due dilligence and invest in project that you believe in, then you'll be able to sleep well at night.
Also spread out a bit, so you don't risk a complete loss.

[ASHLIUSZ]

Holding cryptocurrencies doesn't have any risk in it. Each and everything happening with cryptocurrencies were based on trust, because it is speculative and can be manipulated. With this in mind user should hold altcoins same as that of holding bitcoin. More the danger or the risk more will be the profiting.

[kickdapa]

There is nothing dangerous if you hold coins in the top 50. They are good coin and community projects. There's nothing dangerous about it. If you're holding shitcoins, it's an alarm

[acorcos]

It is not dangerous when you hodl really innovative projects and avoid the real shit coins.

Always buy the projects flying under the radar of most crypto investors.

[AntoCokbun]

dangerous if you can't wait too freaked out if at any time the price of the coin falls, it's usually done by novice investors who hold their coins.

I agree with you, because the average of the new investors is too easy to panic and not dare to hold the coins they have because of the fear of losing big.

[cioloxl]

There are many bitcoin maximalists out there claiming that every single altcoin and ico is a scam. I highly disagree. I think making the right choices in terms of altcoins, as in researching the team, the project, vision, can yield great results. I have been in the game since july last year, I think. During this crash, none of the choices I made in altcoins went below 100% on the original investment. However, the fact that there's a project with a solid product, vision and team does not necessarily mean it will succeed. After you've checked out these prerequisites, there is still the possibility the product might fail due to way free market economics work. Someone else might have a better product that you simply did not know about due to overwhelming amount of info you need to digest daily.

There's more to be said on the subject. But I think real projects, with real products (a few come to mind, most of 'em involving RFID tech) are safe choices. At least for me.

[mountrock]

Yes and No. That is depending on what coins you are investing in. On the other hand no one can predict the exact future of each coin. Assuming crypto will be stable the way it is right now for long term, then I would suggest you to do your own diligent to do research for each of coin you are going to hold. I would suggest low risk coins to buy such as Doge, PIVX, STEEM, BTS, BCH, BTG, NMC, XMR,DASH and PPC. My choice may not look spectacular but I have observed them, I would say they are more stable than most cryptos around

[ekin4]

If you hold good altcoins you don't have to worry about any danger. But if you hold scam coins, low value low level coins, copy tokens etc. you should be worry about your investment.
I remember I hold stupid coins back in 2013, that I bought for ridiculous prices. Then almost all of them died. Remember kittehcoin? Meow? I lost a couple BTC for that scam.

[Razick]

There are many bitcoin maximalists out there claiming that every single altcoin and ico is a scam. I highly disagree. I think making the right choices in terms of altcoins, as in researching the team, the project, vision, can yield great results. I have been in the game since july last year, I think. During this crash, none of the choices I made in altcoins went below 100% on the original investment. However, the fact that there's a project with a solid product, vision and team does not necessarily mean it will succeed. After you've checked out these prerequisites, there is still the possibility the product might fail due to way free market economics work. Someone else might have a better product that you simply did not know about due to overwhelming amount of info you need to digest daily.

There's more to be said on the subject. But I think real projects, with real products (a few come to mind, most of 'em involving RFID tech) are safe choices. At least for me.

You are right that every single altcoin or ico is not a scam but in the last years there have been so many icos that have turned out to be complete scams. It is difficult to filter out the legitimate ones.