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Topic: All of my friends have finally dumped all of their alts - page 4. (Read 1291 times)

member
Activity: 182
Merit: 11
So you made your friends dump all alts when they are all in the deep red? I'm not quite sure your friends will thank you when this bullish run will be over LOL. Unless, of course, your friends wanted to convert all their crypto into fiat soon.
full member
Activity: 232
Merit: 103
I don't think they will be very happy when Alts spark off again. They'll be trying to get on the moving train then wondering why they listened to you.
legendary
Activity: 1878
Merit: 1038
Telegram: https://t.me/eckmar
I think did this the worse time , actually now is time that people should invest to promising ICOs and other Alt coins.

Really ? ICOs are scam and may turn only short time profit if you get the coins first and be first to dump them as soon as they go on exchange. As for other AltCoins, please let me know what coin can even be compared to Bitcoin ? Jump of over 800% on yearly basis. I understand that it can happen with altcoins too, but their starting price is 0.0001$ and no one is really using the technology behind the coin, just users investing because they are looking for profits.
full member
Activity: 566
Merit: 113
indeed many people thought that way and to be honest me too.
but i think it's a bad idea to get rid their altcoin while it's all underwater,
which mean they're hoping to overcome their losses by holding Bitcoin and gain the profit from the run.
we may be can see another run for a few days later on,but what will happen with it after the segwit2x ?
i heard it's a bad idea and if it's locked in i believe there will be another massive dump that will happen with it.
and with that altcoin will slowly recover or at least a sign will come up from them
full member
Activity: 602
Merit: 116
It's the worst decision any one can make. '' Holding altcoins when they were falling and sell them when they are ready for a big pump ''
We are approaching the fork and after that demand for altcoins will rise again.
full member
Activity: 139
Merit: 100
I think did this the worse time , actually now is time that people should invest to promising ICOs and other Alt coins.
legendary
Activity: 1204
Merit: 1028
I have been telling my (online, because I don't know anyone in real life that even knows what bitcoin is) friends to get rid of their altcoins, because sooner or later there would be a massive bull run to bitcoin that would last months. They never believed in what I had to say. "Bitcoin maximalist" they would accuse me off.

Recently, they finally dumped their alts, which they were holding in hopes of a pump to make more bitcoin with, and simply held BTC. They have dodged the massive alt crash that has brought up BTC back above %50 of the crypto marketcap dominance.

Im not saying all altcoins are shit, but most are. It seems finally reality is kicking in amongst noobs that thought they could get easily rich with altcoins, and they are finally going back to BTC.
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