Altcoins to hold for dear life will discussed in this cryptocurrency page of Daily Investing Tips. Many people (traders and investors of cryptocurrencies) are looking for another “like Bitcoin” crypto. They missed BitCoin and hoping to have some alternative coins that may give huge profits for them. Imagine BitCoin started from cent and today it valued thousands of dollars per BTC. Altcoins are one of the interesting “things” in investment world. Even rich people, well known entrepreneurs and celebrities are now investing in cryptocurrency (just heard and read online).
If you missed Bitcoin and looking for top altcoins, here is your chance to decide which altcoins to buy and hold for dear life.
Bitcoin – missed the boat (already expensive). Imagine $8,000 per bitcoin. Can you afford to buy one BitCoin today? If your answer is yes. That’s great. However, do you think BitCoin will still increase its price just like what we predict in our previous post?
Related: BitCoin BTC Price Prediction 2018, 2019, 2020, 2021, 2022 and beyond.
Since BitCoin has a major role in cryptocurrency trading and investing, we assume that BitCoin BTC price will still increase its value overtime.
Top Altcoins to HODL Hold for Dear Life if You Missed BitCoin
If you think BitCoin price is not reasonable, and you’re looking for very cheap cryptocurrency coins (some coins price are ranging from $0.01 to $0.10 to hundreds of dollars) per coins, then these top altcoins can be for you.
WARNING: This is not an investment advice. We just give some information based on what we see and read on the internet. Do your own research before buying these top alternative coins.
Some of these top altcoins are listed in the fastest growing cryptocurrencies other than BitCoin in our previous crypto updates. Check these top altcoins, buy or ignore, it is up to you.
Top 6 Famous AltCoins a.k.a BitCoin Alternatives
- ETHEREUM (ETH) – ethereum ETH is also a popular cryptocurrency next to BitCoin. Ethereum can be used in participating in ICO or initial coin offering.
- BitCoin Cash (BCH)
- LiteCoin (LTC)
- Monero (XMR)
- Neo (NEO)
- Dash (DASH)
Top Altcoins to HODL Hold for Dear Life if You Missed BitCoin
These top altcoins was included in our portfolio because many traders and investors are suggesting these coins. It is very hard to predict which cryptocurrencies nowadays that will become really like Bitcoin BTC. So, here they are, we hope one of these top altcoins will be like bitcoin soon.
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- Tron (TRX)
- Ripple (XRP)
- Stellar Lumen (XLM)
- Baab (BAAB)
- Cardano (ADA)
- Dragon Chain (DRGN)
- EOS (EOS)
- Electroneum (ETN)
- Iconomi (ICN)
- PIVX (PIVX)
- Power Ledger (POWR)
- VeChain (VEN)
Again, this list is for informational purposes only. You don’t have to follow this list. Do a deep research and you can find very cheap and undervalued cryptocurrency coin.
Tips and Warnings to Newbie Cryptocurrency Traders and Investors
You need to understand that some coins has no real product (they are usually created for the sake of getting involve in blockchain technology).
If you have big money to invest, you should prefer investing in a company that has real products with real value that help promote the human lives.
Stocks and mutual funds is better than cryptocurrency. First, you are talking to real humans. Some coins are just created by anonymous people. Genius will use blockchain technology and may take advantage to take your money especially when you are participating in Initial Coin Offering.
Also, you need to understand that cryptocurrency trading and investing is very risky.
You will heard good news and bad news about cryptocurrency. Have guts to stand in your belief and instinct whether cryptocurrency is for you or not.
Learned from experience of many traders and investors of cryptocurrencies. Some become rich just like some people who bought Bitcoin when it was just a cent. Imagine if you have 100 bitcoin nowadays and its price is $10,000 each. That’s million dollar worth.
Some lose their investment capital because they bought the wrong coin. Some are breaking even. Some just wishing to get rich in cryptocurrency but they are not doing a proper research.
Remember, cryptocurrency is a just a game. Any investment is a money game. Be wise and smart enough. We here in InvestmentTotal.com, we started $700 investing in some money making programs like BitConnect (Scam site) and some money programs that also turned into scam. But before they turned into scams, we make some profits and use those profits to buy cryptocurrencies.
Experience in Investing in Altcoins
From $700 or P35,000 (thirty five thousand pesos), we already withdraw $1,500.00 (and use those money to buy some things we need). A big thanks to Ripple XRP and Kraken exchange. We bought Ripple XRP at Kraken at $0.58 per coin) and it reached the price of $3. Wow, we have 1,500 XRP before and we sell it at $2.50 and take those proceeds and fund our other exchanges account like Bittrex, KuCoin, HitBTC and YoBit. That’s how we bought these top altcoins.
We also participated in ICO Initial Coin Offering like Electroneum (ETN), Dorado (DOR), Shping (SHP), and BAAB.
Imagine Electroneum ETN, we have 8,400 more coins. And the value of that is 0.07, that means we have extra $588. We will HODL Electroneum ETN until it will peak its real value. We predict that ETN will somehow reach the price of $0.80 to $1.50 per ETN.
I read an article that Dorado is a scam. I don’t believe it until the company or website is closed or shut down. I got thousands of DOR coins, if the coins will list on exchanges, then Dorado DOR coin will also increase its price.
What about SHPING coin? I don’t know much about it. Just bought thousands of SHPING coins and wait for the results of their ICO and know the real price when the coins is listed to many exchanges.
I am planning to buy a coins worth $10,000 and hold it for 5 to 10 years. I know it is risky but I am thinking about the rewards in cryptocurrency investing. I would rather buy at least 3 strong cryptocurrency coins that has real product and real value developed by real humans for humans.
It is imperative to plan your exit when you joined the crypto world. Whatever happens to cryptocurrencies, we already made some profits. If cryptocurrencies will still become better, then we still make profits. The lesson is simple, whether you are investing in stocks, forex, options, binary options, cryptocurrencies, you must have a clear exit plan. It is not bad to think that you can become rich in cryptocurrency. You can become instant millionaire or even a billionaire if you just spotted the good coin (like Bitcoin).
Caution in Investing in Bitcoin, Altcoins, Etc.
A word of caution for newbie cryptocurrency investors;
There are coins that considered as “shit coins”. Coins that has no real value and real product. Just like what I said, people behind these “shit coins” just want to get involved in block chain technology and take advantage of it to steal millions of dollars from investors.
Research the white paper (read it), the development (roadmap), and the developers of the coins (the people behind it), the products (use of value). Also, read some official news (reliable news). In crypto world, there are fake news roaming around especially on social media just to attract the investors and traders to buy “shit coins”. And when whales (investors with big investment capital) bought a shit coin, the price of the coin will immediately increase. The “pump and dump” term in crypto currency is very important.
You need to research whether the coin is good only for pump and dump or good for long term investment.
Beware of cryptocurrency exchanges. Here in InvestmentTotal.com, we already tested Kraken (one of our favorite exchanges), Bittrex, Kucoin and HitBTC. Some newly developed cryptocurrency exchanges offer free trading fee. Some of these newly developed cryptocurrency exchanges may turn into scam. So beware. Use only Kraken, Bittrex, KuCoin and HitBTC. We have already successfully withdrawn several times in Kraken and Kucoin.
Cryptocurrency Principle:
“I would rather buy at least 3 strong cryptocurrency coins that has real product and real value developed by real humans for humans.” – InvestmentTotal.com
So, what do you think about cryptocurrency? Will you invest to these list of top altcoins? Will you hold bitcoin or just bought these top altcoins or participate in upcoming ICO (Initial Coin Offering)? I want to know your thoughts about these top altcoins listed in this daily investing tips – InvestmentTotal.com! Leave a comment below! Thanks for reading!
DISCLAIMER: The information provided on InvestmentTotal.com is for general informational purposes only. The content on this website is not intended to be, and should not be construed as, professional financial advice.