Where to hold altcoins

Step 3. ETH is something any crypto investor should think about having in Cardano is popular due to this straightforward but achievable goal.

Following a period of positivity

First a very long correction came and hit the Altcoins Alternative coins markets within the cryptocurrency markets. Later, we entered what is known as a «bear market», where everything is going down, at some point, going down hard. Corrections and bear markets are as normal as slow growth periods and «bull markets», where trending bold and up is normal. Just like bull markets, bear markets comes with its hopd features, advantages and disadvantages for us traders. So after we are deep in this normal cycle in the cryptocurrency markets, experienced traders rather call this a «buyers market».

Analyst: Altcoins Will Not Recover to Previous Levels From 2017 Bull Run

I know the feeling — there are hundreds of different exchanges to choose from, each with their own pros and cons. By the way, did you know that the first-ever altcoin to be created was Namecoin in ? In this best altcoin exchange guide, I will review some of the top exchanges, highlighting their fees, security measures, coin availability, trading volume, and user-friendliness. So, once you have read through all seven exchanges, you will be able to decide which one best suits your needs. Well… what are you waiting for? The first review in this best altcoin exchange guide will be covering the Gemini exchange!

New Wave Alts to Dominate Next Crypto Boom

First a very long correction came and hit the Altcoins Alternative coins markets within the cryptocurrency markets. Later, we entered what is known as a «bear market», where everything is going down, at some point, going down hard.

Corrections and bear markets are as normal as slow growth periods and «bull markets», where trending positive and up is normal. Just like bull markets, bear markets comes with its unique features, advantages and disadvantages for us where to hold altcoins. So after we are deep in this normal cycle in the cryptocurrency markets, experienced traders rather call this a «buyers market». Since everything its looking for a bottom, to consolidate and prepare for the next cycle of growth, buying makes for the best option available for future potential earnings and growth.

So with this bear market, we see the opportunity to buy to hold for long, and earn huge profits doing. Just waiting; easy money, when the next where to hold altcoins market cycle comes. Fear to buy when the markets are down, is like greed, which prevents you from selling, when the markets are up. So don’t be afraid to buy now, as in few months you can make huge profits, selling, based on this simple choice.

Now that you know this, let’s get to the point. One of the simplest strategies of all — you know I love simple; simple is best. This strategy consist of «buying any coin you like with many exceptions and hold it for long», until the next bull market comes. If you do this, you can be looking at earning 2x, 3x, 5x and even 7x or more of your purchase when the next bull cycle comes.

The altcoins market is extremely volatile and potential earnings are out of this world. After mentioning this simple strategy, the next question hit me a million times like a rock. That question goes as follows: «Which ones are the top altcoins to hold long term for the end of the year or whenever the next bull run comes? Everybody can consider a certain coin to be a top one based on their own liking and specific details.

I also don’t mind any specific coin. I use cryptocurrency trading, specially altcoins trading, to make money. So my concern is to buy coins that have the potential to make me money. It is like a job, but instead of going out and following orders or doing something with my body to make money, I can make easy money buying some coins, forgetting about them and then coming back to collect my reward.

Here are my first top 5 altcoins to hold long term. They are in no special order. These simply have the potential to be worth a lot more in the near future than what they are worth today. Top 5 altcoins for long term holding Plus the best cryptocurrency of all Before mentioning the altcoins, there is one cryptocurrency that you can buy now and hold for long. It is the king of all cryptocurrency, this cryptocurrency is called Bitcoin Continues.

Mar But we don’t mind those details, let’s see how Bitcoin has done in the past few years. Let’s make up the numbers But altcoins are even more volatile than Bitcoin and their growth potential can be even higher. So let’s get started Finally, let’s get to it The top altcoins to hold long term by Alan Masters Note: Bitcoin always exceeds all expectations.

It is in its nature to go against what everyone is saying, specially the conventional type of people, and proof that more is possible. That dreams can come true. That limits can be broken. That rules can change. That we live in a controlled environment, but at the same time anything and everything can, and will, always happen. On a different perspective, Bitcoin could go down and do a year long bear run, and the alts would go down even further and the whole situation can turn into a loss.

This is a situation that looking at the year so far seems very unlikely, but it is still good to remain open to such an scenario to come to pass. So I am sharing these coins based on the positive views and expectations for the year based on the actual sentiment and signals of the market, but there is always risk involved. So make sure not to put all of your eggs in one basket, and use only money that you can afford to lose. These suggestions might sound incredibly simple but these are golden rules.

Always diversify and use only money that it is not vital for your well. Just a friendly reminder, but let’s continue what you were talking about here with me. But I can go back. At that time I would look it, stare at it and move on. It is now the 5th strongest cryptocurrency by marketcap. Lots of people love this coin. Right now it holds the potential to go up nicely in the next bull run. Challenging the last all time high can give you 2x of your purchase in total earnings and reaching new highs can give you even.

The potential is basically unlimited, for this and any other coin, it all depends on how the markets will develop and if this year will be a year of growth. Let’s look at Litecoin’s last 3 years and see how it has. I am not giving buy-in range here, you can buy when you feel it is right, in this «buyers market», and wait for the next bull run to start. This has to do with Bitcoins value and the overall market. Many people are really desperate, so the experts will use this as an advantage to extract from them all the money they.

So wait for clear signals of a bottom, until a very strong signal that the market is changing before «placing your bets». I would only buy-in for long after this phase when Bitcoins uncertainty is gone and it has been growing stable or going sideways. I wouldn’t buy to hold long when the market is in doubt and nobody has found their place. We are going to take a much quicker look at the other coins that I have to share.

These are very strong coins, so you won’t be surprised that they can be bought to hold long term. Hundreds of coins have been created using its technology, and most of the ICOs are paid using this altcoin. The cryptocurrency markets are now measured against Bitcoin, the king and owner of this arena. Like it or not, this is the cryptocurrency market. You can buy ether and hold it for long. So now The charts for this coin looks very strong.

Last year it had its run relatively early, so if this year we have growth, Cardano ADA can be one of the first to bless us with easy money for us to enjoy. I know that I was always pissed off because the price would always go up strong, and the coin became incredibly strong and I never decided to look into it. I think it has to do with its mining technology or what not. This doesn’t really matter to me, we want to sell high so we look to buy low.

That’s all it takes to make money trading any alternative coin. It had some feature that would make it better to remain private when making payments using this coin. When I look at the chart I see the potential that this coin has to go up. So here you have it, in the list, ZEC is the 23rd biggest cryptocurrency coin.

So there you have it. The first five of a total of fifteen 15 altcoins that you can buy to hold long term. This is no trading advice, I am just sharing what you asked me to share. I hope you enjoy these suggestions and that if you decide to buy these you can make money at the end of the day.

But remember to do your own research, consider the risks and rewards and finally, make your own choice. I am prepared for whatever outcome whenever I buy any given cryptocurrency coin. My expectations are always to make huge money, always, but I know consciously that anything can happen and that my trade can turn into a loss.

So yes we make a lot of money, and money can always be made when you take care of the things in your life that matter the. Make sure to always love you. And trade these coins as a way to make money, or maybe even for fun. I appreciate you deeply, I love you for your continued support. Remember to share your top favorite altcoins in the comment section. I would like to know your Top Boom Up! What’s Up? Signals For experienced day traders. Monaco MCO — I’ve been following since your first post.

When MCO takes off it’s never coming. Thanks for your initial post about it. No HSR Alan? I thought you were a fan of that coin?

Alex Wang Mar This means that, unlike the others, there is no third party between the buyer and seller and no single authority has control over the network. Bitcoin Cash was created in August as a result of a Bitcoin fork. If you like tokens altclins you have to dig into the people behind. If max supply is limited to a sensible number then the upside on adoption is much higher than. By agreeing you accept the use of cookies in accordance with our cookie policy. Share to facebook Share to twitter Share to linkedin. You may also like. Litecoin was founded in and has become a Bitcoin alternative with a top 10 market cap of over 3 billion USD. As a coin has , subfractions there is no problem with 1 coin being worth thousands, so long as demand for usage is high. EOS has other where to hold altcoins strong points as. I accept I decline. This means that they are regulated in the same way as the banking industry, meaning that they take security very seriously. Depending on how busy where to hold altcoins verification department is, it could take a few alhcoins before your account is verified. Blockchain Cryptocurrency Technology Investing Business. This is because they are trying to catch up from the huge number of account applications they had in December !