BTC crazy and ALT red again . Don't know what to do now ?

BTCMILLIONAIRE

hero member

Activity: 1358

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Quote from: gaincoin on October 26, 2017, 01:00:05 PM

Somebody can tell me what to do know ?

Just stay in BTC and wait or pick cheap ALT now ?

Thanks a lot !

Just buy as many BTC as you can and forget about them for 5-10 years. Keep buying everytime you have money to spare. Don't do anything else because you clearly don't understand how to pick altcoin projects that aren't a scam.

And stop looking for investment advice on a forum full of trolls and clueless people. You will lose everything that way.

Victorycoin

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Activity: 1134

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Quote from: burdeN on October 26, 2017, 01:42:03 PM

I don't believe btc will sustain such price even till the second fork. I think it's price will be stabilized around 5500$ in nearest days

The second fork looks good to be more significant than the later and market reaction is going quite pronounced unlike the almost nonevent of the Bitcoin gold split. I see the price of Bitcoin rallying some more in the days to follow until the hard fork as bitcoiners gear up to collect free money out of this fork too, before ultimately facing the path they have or would settle for. That also means much fund won't be flowing back to altcoins sooner, so their recovery is going to take a while.

wgd

legendary

Activity: 1815

Merit: 1005

Quote from: Gyro on October 26, 2017, 02:01:04 PM

Its too early for the next fork action. I think this is just BTC going up.

This bitcoin fork was insignificant, I think alty fell just because of the unpredictable btc rally. The altcoin cap is still very large, most of the altas have up min. 20%. Personally I had a sia and I was very disappointed

razzbee

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Transcodium - The Future of Transcoding

Prices depends on demand supply, so patience is one key to quality investment

tora

member

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Merit: 13

Cryptos are like shares in that they fluctuate on a daily basis, although share price depends on company and country economic news, but cryptos trade 24/7. Patience is the key and perhaps try buying at low points.

ttookk

hero member

Activity: 994

Merit: 513

Quote from: tutkarz on October 26, 2017, 01:34:12 PM

Quote from: deztroyr1 on October 26, 2017, 01:28:18 PM

Quote from: yonton on October 26, 2017, 01:09:38 PM

I knew I should have sold my alts many times but I didn't. Too chicken shit to move my altcoins on to exchanges.

they're going down now but that doesn't mean that they won't go back up again. you'll get more chances

problem is you dont know which one will go up since people are investing all the time in new copies of old coins because they are cheap.

The last Alt bullrun raised pretty much every boat, so if there's going to be another one, this may happen again.

But to be honest, I think Alts as a whole have still a looooong way down to go, before it is time for recovery mode. We may talk about years, actually.

So, if you are a long term investor, I'd just keep my feet still. Maybe hedge a small percentage in solid top ten marketcap Alts, put them away and forget about them.

I know this itching, this "I need to get my coins rolling, they can't just lay there!" thing. To ease this pressure, I daytrade with very small positions. Then some long term bag recovers the losses I acumulated Wink

Gyro

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Its too early for the next fork action. I think this is just BTC going up.

chaosfourever

sr. member

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Merit: 250

Just hold. If you go chasing you lose. Alts will go up again because this is just another temporary trend. Have patience and everything will be fine.

burdeN

sr. member

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I don't believe btc will sustain such price even till the second fork. I think it's price will be stabilized around 5500$ in nearest days

tutkarz

hero member

Activity: 546

Merit: 501

Quote from: deztroyr1 on October 26, 2017, 01:28:18 PM

Quote from: yonton on October 26, 2017, 01:09:38 PM

I knew I should have sold my alts many times but I didn't. Too chicken shit to move my altcoins on to exchanges.

they're going down now but that doesn't mean that they won't go back up again. you'll get more chances

problem is you dont know which one will go up since people are investing all the time in new copies of old coins because they are cheap.

deztroyr1

full member

Activity: 284

Merit: 100

Quote from: yonton on October 26, 2017, 01:09:38 PM

I knew I should have sold my alts many times but I didn't. Too chicken shit to move my altcoins on to exchanges.

they're going down now but that doesn't mean that they won't go back up again. you'll get more chances

yonton

sr. member

Activity: 854

Merit: 262

I knew I should have sold my alts many times but I didn't. Too chicken shit to move my altcoins on to exchanges.

MisterLG

sr. member

Activity: 476

Merit: 252

Alt coins are in red because of the recent fork. They will get cheaper since the new fork is around the 16th of November. Wait a little bit longer and buy more alts cheap. They will go into green figures but it needs time to stabilize after the fork.

gaincoin

newbie

Activity: 21

Merit: 0

Somebody can tell me what to do know ?

Just stay in BTC and wait or pick cheap ALT now ?

Thanks a lot !

Topic: BTC crazy and ALT red again . Don't know what to do now ? (Read 394 times)