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Altcoin purchase and HODL strategy

cryptodolphin777

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I have been trying to research good, new, low-cost coins to invest in. I have been trying to purchase a small amount each day on a new coin. My strategy is to HODL that coin until it reaches 300% growth and at that point convert 1/3(my initial investment) back into BTC.

After that point, I am only HODLing coins that were only collected with profit. This way if that coin goes back to zero I do not lose any actual money. I think it is really important to know what that coin is about and believe in that coin. If the coin never reaches 300% at least I know that I am trying to support whatever that coin is trying to accomplish and won't feel too bad about the loss. What are your thoughts on investing this way?
 
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Just wait if the price is low and buy it and if the price is high just sell it. Simple idea but it is hard when it will become high and low in the market. Just think another strategy.
It is not hard to know if I get your point, you just need to be patient post investment. If the price has dropped drastically the next you should except is gradual rise back of price with fluctuations .
 
Its really hard for a new altcoin to increase it Price up soon..if you love to hold new altcoin then be patience if you want to received much profit from your coin..because those coin need one year minimum to increse the price..so keep hold
It all depends on the marketing strategies adopted there are some new coins that pick up in value as soon as they hit the coin market, they could grow by 100% in a short while.
 
Some altcoins which have lots of variation in the market like more than 100% have lot of potential to invest . You can consider trying the coins listed in kucoin exchange
 
I don't use kukoin exchange for now , but could you possibly mention some of them here and possibly the pattern to which they have risen or fallen in the last one month.
 
Can you guys suggest me any good ALT coin to stake and earn some extra coins, i know i should make my own research for investing, but i'm just asking suggestion from you guys.
 
Thanks a lot this was very helpful, anyways I have a question what is the difference between actions, stablecoins and crypto currency?
 
Stable coins usually have a fixed value and are centralised while bitcoin or most other Crypto currencies are decentralized and their value fluctuate according to the market forces.
 
reaches 300% at least I know that I am trying to support whatever that coin is trying to accomplish and won't feel
This is something that will change the scenario completely because otherwise many altcs suddenly go for dive bombing into a beeridh lunge without any prior signal
 
All coin prices are Bitcoin dependent. Buy Bitcoin and buy more every month. Maximum 10% of your earnings. This is a proven strategy. And sometimes there is no one to sell new coins.;)
 
All coin prices are Bitcoin dependent. Buy Bitcoin and buy more every month. Maximum 10% of your earnings. This is a proven strategy. And sometimes there is no one to sell new coins.;)
Yeah the strategy works alot and it safe however, not all coins are dependent on bitcoin price, most of the new coins rise much more faster than bitcoin most times .
 
I have been trying to research good, new, low-cost coins to invest in. I have been trying to purchase a small amount each day on a new coin. My strategy is to HODL that coin until it reaches 300% growth and at that point convert 1/3(my initial investment) back into BTC.

After that point, I am only HODLing coins that were only collected with profit. This way if that coin goes back to zero I do not lose any actual money. I think it is really important to know what that coin is about and believe in that coin. If the coin never reaches 300% at least I know that I am trying to support whatever that coin is trying to accomplish and won't feel too bad about the loss. What are your thoughts on investing this way?
If you want to get some profit from holding altcoin then you need to buy those altcoin which trading volume high..again you need to buy those altcoin when it price fall down 40% almost..because its Only the strategy that can lead you in profit
 
There is no guarantee that the coin will grow by 300%.
But there are some projects that guarantee capital protection. But the same gekkoin has a very small selection of coins and there are definitely no little-known coins there
 
I wouldn't hodl any altcoin except ethereum past a year at the most. I would prefer making quick gains by selling off at a considerable rise in their prices.
It is good strategy though I think if you invest on small coins that you can hold for long time while you trade high value coins. It safe .
 
It is good strategy though I think if you invest on small coins that you can hold for long time while you trade high value coins. It safe .
This is one strategy I have learn to adopt as soon as possible , i think it is going to work perfectly. It is good to try different ways to make money from cryptocurrency.
 
Hodl strategy is a misspelled word but this is accepted, now we know we have to hold a crypto in Hodl strategy.
But I avoid Ethereum, there is no benefit in Hold Ethereum.
 
This is an excellent strategy. I also love the fact that the profits, basically the initial capital is converted to bitcoin. This ensures that you never lose out, since bitcoin is here to stay.
 
This is an excellent strategy. I also love the fact that the profits, basically the initial capital is converted to bitcoin. This ensures that you never lose out, since bitcoin is here to stay.
Bitcoin itself is not stakable, some sites do pay interest for hodl bitcoins and/or farming.
I am using Tron, but now I'll move towards better cryptos (Tron will also stay).
 
Its a nice initiative , but from the start i dont normally buy those new coin , i collect them from airdrop and hold till the price continues to increase to a higher level
 

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