Advice?? | Bitcointalksearch.org

jtphenom

member

Activity: 110

Merit: 10

Quote from: andhar on January 08, 2014, 12:10:35 PM

I'm in the same boat. I will hold all my alts for now, will not sell with a loss.

Are you willing to lose it all, though? Cause I see no signs that the prices on these altcoins will go back up...

I do read about the coins (especially if they're more than a penny each). But maybe the selling points for a lot of them are not really as good as they sound. lol

Alohaboy?!

hero member

Activity: 1050

Merit: 506

Quote from: jtphenom on January 08, 2014, 11:59:04 AM

I've got about 80% of my relatively small investment (but still hurts to see it vanish!) in altcoins. I'm looking at cryptsy, and it seems like ALL of my coins are tanking! How did I manage to get in at the very TOP of every friggin' coin?? lol

If I get out now, I take what amounts to about a 40-50 percent loss. But I'm afraid if I wait, I'll lose it all.

Yeah I know a lot of you are having the same problem.

Anyone know why the hell so many altcoins are tanking? Or if it is likely to reverse??

Everyone reading.. please vote.. sell, hold, or buy more??

hold and keep reading about the coins you buy

shtako

hero member

Activity: 779

Merit: 502

Quote from: baritus on January 08, 2014, 12:00:56 PM

Many alt coins are just pump and dump schemes that start off at artificially high prices so the early holders can cash out your investment and leave you with the losses.

You should do your research into any coin before investing in it.

This.

andhar

member

Activity: 127

Merit: 10

I'm in the same boat. I will hold all my alts for now, will not sell with a loss.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: jtphenom on January 08, 2014, 11:59:04 AM

Anyone know why the hell so many altcoins are tanking?

Redundancy. What do alt coins bring to the table that bitcoin does not?

baritus

legendary

Activity: 966

Merit: 1052

Many alt coins are just pump and dump schemes that start off at artificially high prices so the early holders can cash out your investment and leave you with the losses.

You should do your research into any coin before investing in it.

jtphenom

member

Activity: 110

Merit: 10

I've got about 80% of my relatively small investment (but still hurts to see it vanish!) in altcoins. I'm looking at cryptsy, and it seems like ALL of my coins are tanking! How did I manage to get in at the very TOP of every friggin' coin?? lol

If I get out now, I take what amounts to about a 40-50 percent loss. But I'm afraid if I wait, I'll lose it all.

Yeah I know a lot of you are having the same problem.

Anyone know why the hell so many altcoins are tanking? Or if it is likely to reverse??

Everyone reading.. please vote.. sell, hold, or buy more??

Topic: Advice?? (Read 440 times)