Topic: Altcoin Bagholders Support Group (Read 3133 times)

There is a great discussion about crap coin going on here.

I certainly hope you don't forget! If you can take the lesson to heart and stubbornly stick to it even at the hottest lesson-melting moment, you will have a virtue that will save you tens of thousands in the stock market some day. It's only a matter of years before the NASDAQ plays host to yet another wild bubble party.


That's actually a good idea. My first self-directed foray into the stock market saw me buying a tech stock within a week of its all-time high. No joke. 

Strangely, I just sat back and watch the thing go down, down down...but then, after a muddle-through in the doldrums, it started to climb again. So I bought an equal amount, in fiat terms, which netted me 4X the shares. It continued to climb, albeit slowly, unit it spurted up to the point where my whole bag was actually worth a little more than what I had paid for the two tranches.

I didn't sell all that well: I exited with a loss. But, the loss I ended up enduring was far lower (percentage-wise) than the loss I would have had if I had acted like the stereotypical bagholder.

That's what I learned, as a wet-behind-the-ears punter, back in tha day. Seems I keep having to learn the hard way...

But, although I have an indirect vested interest in saying this, Nxt really is one of the best bags to hold. You did pick quality, which puts you a quantal level above the typical bagholder 'round here (like, for example, me  )

a couple nuggets you can take from this thread

You almost got it right  

- be wary of coins .. pretty near all of them 

Triff ..

Sort of. We don't have a 12 step program. We just share some bagholding stories and try to learn from each other.

a couple nuggets you can take from this thread.

-be wary of coins with shitty names
-be wary of coins that may have been cloned by Hazard or loljosh
-be wary of coins that trade only on bittrex with low volume and get delisted.

that last one hurts alot because once Bittrex delists and you have no where else to dump your bag, you are sunk.

sometimes I slip up. I dumped my Shieldcoin bag a few days ago. I picked up a new bag of Pseudocoins, but this is more of a gambling trade. I don't  care about the "tech" or "dev". I just want to see if it pumps like Keycoin did so I can do a quick flip.

This is an interesting thread. Nothing wrong with sharing your bagholding stories. One thing that keeps repeating itself is the word. "hope".

That word doesn't belong in crypto-trading and its one of the things that makes us into bagholders.

What is your Nxt account?

I'll do you a deal  

I'll loan you 200NXT to make you whole again so you don't have to worry and be sad. When Nxt hits $1 a piece, you give me the 200NXT back. And I won't even charge you interest

Deal?  

best thing you can do is try to sucker the "NXT guy"  : D

Bought $35 worth of Nxt at about 9 cents each around June. Saw it get pumped to almost 11 cents but didn't sell. Then the price got dumped all the way down to 4.5 cents. Should've seen the pump a mile away but panic bought instead. That sure cost me a lesson I'll never forget.

Still hodling though. I still cling onto the hope that Nxt will do a 360 someday and the price will go back up.

My name is Puberty and I am a Nxt bagholder.

I'm holding some Moon (and recently got some more) - i'm not feeling any heat, if the moon rises we can all dance under it.

- also buying Quark strategically

- Also entering into some Quality Pos - Cap ( may look at HBN)  ( maybe some others )

- I purchased some Myriad but i'm not bag holding as it hasn't really dropped from my buy point (i'm sure it could)

- i've got bags of quality , and i've never really lost on crypto.

I'm sorry but this is 100% correct.

my advice tokyo ( and i don't know how long you have been in the game)  the PoW give PoS significant value - either way in a ratio you see ?

Japan knows how you feel !  also China oh wait, most of the world. ...

wow expect to see a lot of Bitcoin and Litecoin in here in the future : D

just mark the date !

I really, really belived in CraftCoin......how could you go wrong with a Minecraft currency ?

Well, like me, buy some at $1.00 and then watch it slide aaaaalllllllll the way down:
http://coinmarketcap.com/currencies/craftcoin/#markets

Still got 'em, like to open my Cryptsy bag sometimes and have a little cry to myself....

Don't worry about it, man, you just got hazed by a bubble. The first stock I bought on my own, a tech stock, I bought within a week of its all-time high. No joke. I'm sure you can guess what happened next...

Is this like Alcoholics Anonymous or something?

I keep a Notepad file on my desktop listing all the coindevs-for-hire like you, Hazard, loljosh, and etc, along with PnD devs with more than one coin in the market.

With these coins, I always, always, sell within a day of listing. I know there are no development behind these coins, so what's the point in keeping them?

While this method won't maximize every drop of potential profit, it will still give me a healthy profit and prevent any silly bagholding.

Aside from Bitcoin (obviously), I can only be considered a bagholder for four coins. Four coins out of almost 1,100 with a future, I think.

The best dead coins out there are FCK & NDL

I am a proud bag holder of both

There are only a few coins that will survive. Bitcoin, Litecoin, Nxt and Ethereum.

Quarkcoin is my biggest loss. But I've become quite the coin collector. Sometimes I'll purchase coins just to have a few (like Hobonickels). I've made some pretty sweet profits, but then I always end up putting it back into the market. My favorite bags are: Zetacoin, Unobtanium, Primecoin, and Namecoin

Fiat bagholder here, yeah I got suckered in from birth but what can you do