ALT hodl'ers vs BTC/ETH bulls - What to make of ALT's moving forward

Tatex

newbie

Activity: 31

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Quote from: BitcoinHodler on November 07, 2017, 06:26:09 AM

if altcoins wanted to move forward their developers would have worked more on real world utilities instead of more on advertising and pumping the coin to be able to dump their premined coins.

all the rest are just excuses. bitcoin rises and everyone finds an excuse to dump the altcoins. bitcoin falls then they find another excuse to dump altcoins some more.
then the altcoin releases a new version of their wallet and they use that as an excuse to pump it for a week before they dump it again!

if you want to make profit then find those "excuses" that makes them pump or dump the coins and act accordingly Wink

You do know that the team's developers aren't handling the marketing, right? The projects have their own people for marketing and development. Just give it time, development isn't instant, marketing is.

BitcoinHodler

hero member

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HODLing is an art, not just a word...

if altcoins wanted to move forward their developers would have worked more on real world utilities instead of more on advertising and pumping the coin to be able to dump their premined coins.

all the rest are just excuses. bitcoin rises and everyone finds an excuse to dump the altcoins. bitcoin falls then they find another excuse to dump altcoins some more.
then the altcoin releases a new version of their wallet and they use that as an excuse to pump it for a week before they dump it again!

if you want to make profit then find those "excuses" that makes them pump or dump the coins and act accordingly Wink

gredisgold88

sr. member

Activity: 714

Merit: 250

price btc rise due to various circulation, and depletion supply btc in circulation. makes bitcoin a high increase price, if a large btc sale in exchange market until bid is completed within 1 hour, then bitcoin price drop to 1900 $, this same with altcoin , such as eth, zec, dash etc. but not with dividend tokens, and gambling tokens.

cafucafucafu

hero member

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Quote from: telcoin on November 05, 2017, 10:09:10 PM

Curious to hear people's opinions regarding the rocket of BTC and the bear of Alt's. Do you think a correction is coming or do you think this is the event horizon for darwinism to cut through the ALT's and only bring a handful along for the rocket ride? Btc dip, dump, buy alts, hodl? btc for life? Alt hold and pray? Alt master strategy? Let's chat!

Altcoin investing in my opinion takes a lot more patience than bitcoin holding because in various periods of time you'll feel like that the price is absolutely going nowhere and that your altcoin investment is just going dead.

The correction in bitcoin's price has already come. And alts has risen a lot today.

In the long term, i think that the equilibrium for bitcoin dominance is around 2/3 of the entire crypto market cap. The index will always revert back to that percentage or thereabouts.

telcoin

member

Activity: 126

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Quote from: babsjoe on November 07, 2017, 12:31:33 AM

One thing I will say here is for everyone to diversify and be ready to respond swiftly and precisely to market condition ad they come. Bitcoin is not going anywhere (not in terms of price) so also is altcoin as well. But if you are nit vigilante on your holdings in altcoin, Your altcoin might become worthless in time!

Which websites do you use to track altcoins that allow you to move quickly when you see something about to happen in the market?

RoommateAgreement

hero member

Activity: 770

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Bazinga!

the strategy used for bitcoin never changes. it is going to be always the same.
bitcoin is a long term investment while altcoins are penny stock market, only good for short term.

in my experience the sooner you accept this fact the sooner you start making real money in this market. because holding altcoins like ETH for long term means you are imprisoning your money in something that best case scenario doesn't move and normal case scenario gets dumped hard.

but instead if you move your money around from altcoin to altcoin and participate in their pumps you make a lot of money and you can always come back to the first altcoin if you saw it getting pumped again. you don't have to hold the shitcoin until it is pumped!

babsjoe

full member

Activity: 490

Merit: 100

One thing I will say here is for everyone to diversify and be ready to respond swiftly and precisely to market condition ad they come. Bitcoin is not going anywhere (not in terms of price) so also is altcoin as well. But if you are nit vigilante on your holdings in altcoin, Your altcoin might become worthless in time!

Za1n

legendary

Activity: 1078

Merit: 1011

Quote from: telcoin on November 05, 2017, 10:09:10 PM

Curious to hear people's opinions regarding the rocket of BTC and the bear of Alt's. Do you think a correction is coming or do you think this is the event horizon for darwinism to cut through the ALT's and only bring a handful along for the rocket ride? Btc dip, dump, buy alts, hodl? btc for life? Alt hold and pray? Alt master strategy? Let's chat!

This by no means is a bear market for alts. Ethereum, Litecoin, Zcash and many other alts were trading below $20 at the beginning of the year and now they are trading for $300 (ETH), $220 (ZEC) and $55 (LTC). So even Litecoin the lowest of the bunch is 12x the price of its March 29, 2017 price of $4.37.

telcoin

member

Activity: 126

Merit: 10

Quote from: Pierre 2 on November 06, 2017, 02:37:36 AM

I am expecting obvious correction to bitcoin as its price is multiplied too much.
I think it will affect other altcoins especially strong ones like ethereum, litecoin and will create new bull run. Slow but steady.

annnnd you were spot on as it just corrected itself

Pierre 2

legendary

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I am expecting obvious correction to bitcoin as its price is multiplied too much.
I think it will affect other altcoins especially strong ones like ethereum, litecoin and will create new bull run. Slow but steady.

renes

sr. member

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Merit: 250

It is because of fork, not a natural grow, so we will see bitcoin crashing hard soon. For altcoins which altcoins? Not all will rise

Tamy

member

Activity: 112

Merit: 10

Nobody knows what will happen but majority of us think and hope that after the fork, altcoins will start to rise. I expect that bitcoin will stabilize after fork, and people will start to trade with altcoins. Good altcoins like ETH will rise after the fork. So I will hold my altcoins and waiting to see what will happen after fork. Hopefully better times for alts are coming.

n4poleon

full member

Activity: 252

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If you we're here long enough, you should be aware with these signs, especially now btc is on bull run. Overall, this is good for the entire crytpocurrency market. Alts bull run will commence its cycle again soon, it's kinda too predictable.

sofakingporkhunt

member

Activity: 70

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Alt season will come in time, BTC will correct and new money will flow.

tukangkopi

sr. member

Activity: 350

Merit: 250

My prediction after fork later bitcoin will stabilize at 7k $ and eth will rise 50% or even more

illusioNiZt

sr. member

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Quote from: pikatju on November 05, 2017, 10:38:25 PM

After trading for a while I refuse to sell my alts with a loss. Simply hold and wait for the time to change. It will come back in the long run.

Yeah no point selling them now in panic and facing the loss rather just hold and wait it should go back up in few weeks.

telcoin

member

Activity: 126

Merit: 10

Quote from: mjacer on November 05, 2017, 10:33:12 PM

I think this will be corrected after the hardfork. And some alt coins will go up. Many other alt coins will come out.

Which alts do you have going up? Moreover, what about ICO's starting at the end of the month? What you think will happen with them? Disadvantage from the start?

telcoin

member

Activity: 126

Merit: 10

Quote from: mjacer on November 05, 2017, 10:33:12 PM

I think this will be corrected after the hardfork. And some alt coins will go up. Many other alt coins will come out.

You don't think this dip in ALT's will scare people away from coming out with more ICO's?

telcoin

member

Activity: 126

Merit: 10

Quote from: pikatju on November 05, 2017, 10:38:25 PM

After trading for a while I refuse to sell my alts with a loss. Simply hold and wait for the time to change. It will come back in the long run.

I'm totally with you on this one! I think this new money is coming in and people are just enjoying the wave without knowing the crypto-economics behind it.

pikatju

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https://wallet.merit.me/?invite=Pikachu

After trading for a while I refuse to sell my alts with a loss. Simply hold and wait for the time to change. It will come back in the long run.

Topic: ALT hodl'ers vs BTC/ETH bulls - What to make of ALT's moving forward (Read 413 times)