Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site -

Juzion

full member

Activity: 234

Merit: 100

Quote from: burnum on January 01, 2018, 11:32:53 AM

Hey Everyone,

Here is a list of 20 crypto's I just spent $50 apiece on for a noob traders experiment and a little New Years fun,

I spent roughly 0.00384919 on each crypto listed while they were listed in red,

What do you think could be learned from this "buy the dip" approach? Any and all critique or suggestions on strategy of buying coins when they are trading down are welcome here.

My picks were basically based off of my familiarity with the crypto - but still quite random -

In the order I bought them in

   Total Crypto's

   1. CannabisCoin 174.52577
   2. DopeCoin 261.19503
   3. Verge 331.56949
   4. OmiseGO 2.68645
   5. HempCoin 87.26288
   6. Humanique 106.95172
   7. Waves 4.20474
   8. Viberate 130.37579
   9. Breakout 107.88331
10. ADA 75.06484
11. Salt 4.26088
12. Rise 40.99911
13. MonaCoin 5.48509
14. FunFair 553.25173
15. Monaco 3.42677
16. CureCoin 69.75957
17. Digibyte 775.67010
18. Decentraland 528.13851
19. Bitcoin Cash 0.02184
20. Ripple 26.90656

Happy New Year All!

Just wait and trade Grin

burnum

full member

Activity: 322

Merit: 100

Quote from: cryptopuma on January 01, 2018, 11:37:17 AM

Most of the coins you listed has upcoming fundamentals and thats very cool decision,i am holding these coins too except salt mona and curecoin.

I am glad to hear it, I bought strictly in the red so they may have been on the way up or down I did not use charts for my decision - took awhile to click through and get all the buy's done too.

Quote from: meer45 on January 01, 2018, 11:41:11 AM

I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions.

I think from my position I will hodl untill a very nice rise is seen, if one goes 10X I won't be able to help myself and I most likely will take profit.

meer45

member

Activity: 140

Merit: 15

I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions.

cryptopuma

member

Activity: 202

Merit: 10

SIMPLE SHOPPING AND SAFE PAY

Most of the coins you listed has upcoming fundamentals and thats very cool decision,i am holding these coins too except salt mona and curecoin.

burnum

full member

Activity: 322

Merit: 100

Thanx! to Anthony1985 for his experiment that started to get me thinking.

https://bitcointalksearch.org/topic/m.26590391

burnum

full member

Activity: 322

Merit: 100

Hey Everyone,

Here is a list of 20 crypto's I just spent $50 apiece on for a noob traders experiment and a little New Years fun,

I spent roughly 0.00384919 on each crypto listed while they were listed in red,

What do you think could be learned from this "buy the dip" approach? Any and all critique or suggestions on strategy of buying coins when they are trading down are welcome here.

My picks were basically based off of my familiarity with the crypto - but still quite random -

In the order I bought them in

   Total Crypto's

   1. CannabisCoin 174.52577
   2. DopeCoin 261.19503
   3. Verge 331.56949
   4. OmiseGO 2.68645
   5. HempCoin 87.26288
   6. Humanique 106.95172
   7. Waves 4.20474
   8. Viberate 130.37579
   9. Breakout 107.88331
10. ADA 75.06484
11. Salt 4.26088
12. Rise 40.99911
13. MonaCoin 5.48509
14. FunFair 553.25173
15. Monaco 3.42677
16. CureCoin 69.75957
17. Digibyte 775.67010
18. Decentraland 528.13851
19. Bitcoin Cash 0.02184
20. Ripple 26.90656

Happy New Year All!

Topic: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - (Read 121 times)