It is very important not to sell all your coins now. Whales hope on such actions ordinary people. Keep your coins and in the future you will be able to recover your costs and get a good profit.
Topic: Bitcoin vs Altar Coins = 20% Capital (Read 336 times)
It depends on which altcoins you are talking about, not all altcoins rise together. Lots of people don't realize that if you hold altcoins, depending on the altcoins, there is high chance it will end up bad.
The decision to hold was in the past when ICO was still profitable and popular, because of the long bear market, we were able to witness how it performed and some really dump hard more than 90% and for people who don't understands crypto, they will think it has no chance to recover. For me, this is not serious as it could pump again..
Well, let's just look ETH and watch if it will recover now, it's been dump hard as well.
Market will change, Bitcoin pump will not continue without the support of altcoins, so both are expected to show some good progress this year.
Your patience will be tested, most altcoins are still not bullish, but bitcoin being bullish is a good sign that sooner or later they will also pump.
Being down 20% is not the worst, with my altcoins, at one point, I was down to 10% only.
It depends on what altcoins we are talking about. People tend to invest in minor projects hoping for "the next bitcoin", which wobt happen again. 99% of all alts are useless with either no real purpose or no working product. Those coins will definitly vanish in the next bull run because money flows into BTC directly. Being down 20% is not the worst, with my altcoins, at one point, I was down to 10% only.
The real altcoins are fully responding to bitcoin, take a look at ethereum, ethereum increases from $174 to almost close to $190 so as other alts like BNB, EOS, MTC responded, so there are some coins we just have to forget and look for good alts even if they are expensive to buy.
The fact is its not altcoins season yet ,it will still takes time before altcoins start surging in price ,your prayers now should be that bitcoin should keep the bulls alive for a while then alts won't have choice but to follow the uptrend ,my advice is to have patience for awhile all altcoins will soon start surging
The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed.What do we call BTC dominance, it is a time where all investment focus are all on bitcoin, and altcoins gets little or no investment, wherein majority of people that cannot afford to change extra fiat to BTC to enjoy the pump profit Changes their altcoins to bitcoin in the meantime, which they will definitely put back before the altcoins season, so there is a time for the alts too and it’s not now, when the time comes, you will know, even that dead coin of yours will rise.
The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed.
It depends on which altcoins you are talking about, not all altcoins rise together. Lots of people don't realize that if you hold altcoins, depending on the altcoins, there is high chance it will end up bad.
The decision to hold was in the past when ICO was still profitable and popular, because of the long bear market, we were able to witness how it performed and some really dump hard more than 90% and for people who don't understands crypto, they will think it has no chance to recover. For me, this is not serious as it could pump again..
Well, let's just look ETH and watch if it will recover now, it's been dump hard as well.
Market will change, Bitcoin pump will not continue without the support of altcoins, so both are expected to show some good progress this year.
It depends on which altcoins you are talking about, not all altcoins rise together. Lots of people don't realize that if you hold altcoins, depending on the altcoins, there is high chance it will end up bad.
The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed.
It's probably only you who get a loss instead of a big profit on a bull market. You should not be disappointed anyway, there will be a time for altcoins to show their performances. You might lose your portofolio value on Bitcoin, but you won't lose your value in fiat, I'm sure.
We remember in 2017 that BTC has started the bull run and other alts has followed. First, BTC market dominance went to
67% and then decreased to 35%. We could have similar scenario this year, but I think that this year only the best
alts will follow BTC rise as the investors are much more experienced and cautious as they were earlier.
67% and then decreased to 35%. We could have similar scenario this year, but I think that this year only the best
alts will follow BTC rise as the investors are much more experienced and cautious as they were earlier.
I also happen the same thing as you OP, the price of my altcoins which last time when bitcoin was over 7000$ value more than 2$ for 1 coin and now value is 0.59$, i don't know yet what chance is to have a bull run like on 2017.
If you invested in a shit coin, the chance of recovering is very hard. Especially, if the dev team is not showing any progress on their timeline. You need to get out from that situation and sell whatever you can. At least get something rather than nothing. You need to get the pulse of the altcoins that you are holding. If it is already hopeless, don't wait for a miracle to happen. Because it never will.
The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed.Currently, peoples are bullish on bitcoin as the price is moving upwards without stop last few days.
So nothing to worry imo, everything will come to normal when it is the right time. Let bitcoin settle in a price position first, it will be good for every one of us and also for the altcoins, your altcoins.
I also happen the same thing as you OP, the price of my altcoins which last time when bitcoin was over 7000$ value more than 2$ for 1 coin and now value is 0.59$, i don't know yet what chance is to have a bull run like on 2017.
I think you are not alone to feel that because many others will have the same thing as you. In the last year, we are focusing on saving more amount in altcoin, and we are not selling the most of altcoin we have and convert it into bitcoin. That is a great lesson for us to not repeat the same mistake in the future.
So related to your situations, I think what you need to do right now is only hold the altcoin until the price can increase although it cannot increase higher, at least, you can get bitcoin from the altcoin. I know that it will make you disappointed to see how much amount of bitcoin you will get but at least, you can have bitcoin and you can sell bitcoin when it increases. This time will be on bitcoin first, and then the altcoin will follow to increase, just be patient for more.
So related to your situations, I think what you need to do right now is only hold the altcoin until the price can increase although it cannot increase higher, at least, you can get bitcoin from the altcoin. I know that it will make you disappointed to see how much amount of bitcoin you will get but at least, you can have bitcoin and you can sell bitcoin when it increases. This time will be on bitcoin first, and then the altcoin will follow to increase, just be patient for more.
Maybe you have invested in the wrong time or in the wrong crypto? There are several altcoins which will be growing, despite of Bitcoin's behaviour. I'm really into ICON and FuturoCoin recently. To be honest, it's not always great and not always your investments are profitable. Cryptocurrencies are not a stable market.
True words. Everybody who starts trading should be aware of potential risk.
Your patience will be tested, most altcoins are still not bullish, but bitcoin being bullish is a good sign that sooner or later they will also pump.
Being down 20% is not the worst, with my altcoins, at one point, I was down to 10% only.
It depends on what altcoins we are talking about. People tend to invest in minor projects hoping for "the next bitcoin", which wobt happen again. 99% of all alts are useless with either no real purpose or no working product. Those coins will definitly vanish in the next bull run because money flows into BTC directly. Being down 20% is not the worst, with my altcoins, at one point, I was down to 10% only.
I am definitely referring to majority of the altcoins or in general price.
ETH is a major coin and it dump more than 10 times, and we are like holding a 20% or less on its price compared to its ATH.
I'm not disappointed right now with the market situation, I'm very excited. I'm holding 60% of my portfolio in BTC and 40% in altcoins. I also know that there will be an uptrend for altcoins when bitcoin starts moving sideways. So please my candid advice will be : don't panic sell those altcoins, you will definitely regret it. Hold for the green days.
Maybe you have invested in the wrong time or in the wrong crypto? There are several altcoins which will be growing, despite of Bitcoin's behaviour. I'm really into ICON and FuturoCoin recently. To be honest, it's not always great and not always your investments are profitable. Cryptocurrencies are not a stable market.
The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed.do you know what is really disappointing? It is when, you accumulate large number of bitcoins and 1 week right before this massive increase, you've sold all of it. What a wast of fortune right? I don't know how I can handle this, if I buy now, I just made my self poorer than a beggar in the market.
The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed.Jump to: