• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What advantage will It be to keep alot of coins that one day it will be worth

Senator

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The advantage you would have of doing such thing in keeping a coin for so long in the hopes that it will turn out to a fortune in the future is that it will really make you great wealth and money but only if your prediction turn out to be correct
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
Seriously, as far as I'm concerned, it's very important that when it comes to keeping coins that you make sure to keep the coins that are worth keeping and not useless ones.
 

Alexandoy

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The advantage you would have of doing such thing in keeping a coin for so long in the hopes that it will turn out to a fortune in the future is that it will really make you great wealth and money but only if your prediction turn out to be correct
That is the crux of the matter - if the prediction comes true. But what if your investment would suffer a devaluation when there are no more buyers in the market? That would definitely be a loss of your investment that you have waited for so long to rise in price.
 

Niftyyem

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Seriously, as far as I'm concerned, it's very important that when it comes to keeping coins that you make sure to keep the coins that are worth keeping and not useless ones.
You are so right about that. People are getting deceived into holding bags of sh!tcoins and I wonder what they are thinking because those coins rarely survive bear markets.
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
Personally I actually know a lot of people who are actually copying the strategy of buying and investing on useless coins that they believe that we appreciate in the future but it's not something that I'm going to do for myself because I don't believe in it.
 

kayode10

Son Of Liberty
5000+ Posts Club
USD
$1.0000USD
Biznotes
0
It is the huge profit you are going to gain by keeping those coin if it happens that the later appreciate in value and price. That is how some people become multi millionaire with Bitcoin.
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
Seriously if those coins that you invest in that are useless as of right now and they end up becoming very valuable in the future it means that you have actually hit a jackpot.
 

McIrx

Paragon Member
1000 Posts Club
USD
$4.0000USD
Biznotes
0
The only indicator that calms my nerves as regarding coins to keep is the project behind it and the movement being the scenes. If the project is shitty then the coin is definitely going down the drain.
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
Seriously as far as I'm concerned this is not something that I'm going to be very open into doing because I know that some of these worthless coins will never appreciate.
 

tyrim88

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
When it comes to the issue of cryptocurency trading and the prospect of a coin that will eventually do well,there are a lot of factor to look out for.Those behind the coin and the capitalisation on the the coin as well as the volume of traders and acceptatance in the market.
 

Chibson

Ledgendary Member
5000+ Posts Club
USD
$2.0000USD
Biznotes
1
I will advise you to stay away from shitcoins, if you want to invest in cryptocurrency then you should make research about good projects and invest for long term purposes.
 

McIrx

Paragon Member
1000 Posts Club
USD
$4.0000USD
Biznotes
0
Keeping many coins is a gamble. It may pay off or otherwise. Some people did a lot of airdrops last year. They are now reaping the benefit when those coins that looked insignificant back then rose to prominence this year.
 

Kelly5

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
There is no advantage in simply gathering a lot of coins and keeping them in the hopes that one day it will turn into something worthwhile. The idea is to keep the right kind of coin instead of keeping random coins like that
 

tyrim88

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
One of the reason apart from daily trading in cryptocurency by cashing in on the fluctuations of the market to make big gains is the strategy of buying in the dip and saving for future appriciation,this method could be very profitable if the coin you are investing in has high prospect of appriciation.
 

jeff87

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
1
The advantage you would have of doing such thing in keeping a coin for so long in the hopes that it will turn out to a fortune in the future is that it will really make you great wealth and money but only if your prediction turn out to be correct
You are right. It is good to keep coins for so long in the hopes that it will go up higher. That is if the price will soar high, because one can earn great profit if you buy low and then sell the coins in a higher price.
 

Setho

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
If you have the necessary funds and you believe that the coins are going to be of high-value one day then there is nothing wrong in purchasing and holding them.
 

Chizfab

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Like l keep saying this, keep away from trading just any coin you see online or recommended by some sites that claim to be profesionals in Crypto currency trading. Carrying out your own research, if you don't know how, please Google it online.
 

Lens

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
It's very important to note that the choice of coin solely dependent on the current market sentiment. The cryptocurrency market is a volatile one and you should trade with utmost caution. That's exactly the most important thing to do.
 

Oliver4smile

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Well, if you can get a reliable and trustworthy person, someone who will not disappoint you, then you are good to go. I will say your marital partner could be your best partner.
 

Dowenship

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
1
These day I can't seems to figure out which coin will rise.. how can I identify a coin that will be much more profitable in the next run?
Since you are not yet an experience crypto trader, I will suggest you start with a demo account so that you can be used to different coins and how they react per time...
 
Back
Top