Hi,
My investment of about 4100$ on 18 Coins goes from 4100$ to 4440$ to about 3300$. now its on about 3500$.
At the same time after the second DDos attack i sold 3 positions in profit for about 1% and placed buy orders on ripple and stellar lumens, for those 2 i invest about 1.1btc in all. but now i know it was a mistake, i had to buy same ammout on the 18coins i listed in my picture before.
I read a lots of comments, about the bubble, and that 2days DDos attack...
What do you think about all coins in red? how many days it gonna take to return to a normal green situation on poloniex ?
I know the rule of : always buy low and sell high. is this rule accurate in this scenario too? i was thinking about what happend and my losses and come to the conclusion to apply this rule, so i'm holding.
And you, what is your advise and why.
Topic: Buy 44 Altcoins on exchanges tomorrow for a total of 4000$ after DDos Attacks - page 2. (Read 3054 times)
May 09, 2017, 08:36:41 PM
May 09, 2017, 03:39:07 PM
I think this could be a smart move. Just buy the 42 selected coins and leave them on the exchanges to start with.
If you see that some of them are rising big then you install the wallet on your local machine to be sure the exchange won't run away with your big money
If you see that some of them are rising big then you install the wallet on your local machine to be sure the exchange won't run away with your big money
May 09, 2017, 11:11:25 AM
Invest in ICNX when it goes live on Iconomi. This means investing in multiple digital assets 
You can have a look at the coins ICNX holds on Iconomi website
You can have a look at the coins ICNX holds on Iconomi website
May 09, 2017, 08:38:17 AM
I suggest just focusing on 5-10 coins which YOU think have some potential in them.
Maintaining and following the price changes of 44 coins is extremely difficult + you might losing your investment in a lot of them (especially since there's a lot of pump and dump and other idiotic coins).
You need to download and install and download the blockchain of all those 40 as well.
For me that's just too much work.
Yes, this is a valuable suggestion. I find it the most informative and interesting among all. What if we use the same number of the coins but from the top 5 alt currencies? I guess it will be much easier to handle and also the risk of losing the investment will be less than that of the whole 44 different currencies. I guess this will be smart enough. Maintaining and following the price changes of 44 coins is extremely difficult + you might losing your investment in a lot of them (especially since there's a lot of pump and dump and other idiotic coins).
You need to download and install and download the blockchain of all those 40 as well.
For me that's just too much work.
May 08, 2017, 06:06:43 PM
This is one of the dumbest things ive read on this forum in a while. You know we are in a bubble when shit like this happens.
That`s not sure. I would not say that it would be better to stay in Fiat. Crypto is a good future investment.
May 08, 2017, 05:24:58 PM
Well, i invested 4.000$ on 19 coins listed on poloniex. i take advantage on the bug that happens causing a big dump on most all coins.
here a screenshot of my investment.
here a screenshot of my investment.
May 08, 2017, 03:18:24 PM
This is one of the dumbest things ive read on this forum in a while. You know we are in a bubble when shit like this happens.
May 08, 2017, 02:29:12 PM
I suggest just focusing on 5-10 coins which YOU think have some potential in them.
Maintaining and following the price changes of 44 coins is extremely difficult + you might losing your investment in a lot of them (especially since there's a lot of pump and dump and other idiotic coins).
You need to download and install and download the blockchain of all those 40 as well.
For me that's just too much work.
Maintaining and following the price changes of 44 coins is extremely difficult + you might losing your investment in a lot of them (especially since there's a lot of pump and dump and other idiotic coins).
You need to download and install and download the blockchain of all those 40 as well.
For me that's just too much work.
May 08, 2017, 01:50:25 PM
Thank you all for the comments, i take them in consideration.
May 08, 2017, 10:21:50 AM
Maybe the better and surely easier option is that you buy ICNX (iconomi.net).
May 08, 2017, 05:27:51 AM
Without commenting on the logic or rationale of your intent, the best advice we could possibly give you is to download and install each of those coin's individual wallets, make sure they each fully sync and you have the private keys to them.
Then withdraw all your coins. Backup each wallet and keep your private keys.
You're talking 2 months to 2 years, so paper wallets are probably better if you're buying significant amounts. Otherwise, I think desktop wallets you have control over are good enough
Then withdraw all your coins. Backup each wallet and keep your private keys.
You're talking 2 months to 2 years, so paper wallets are probably better if you're buying significant amounts. Otherwise, I think desktop wallets you have control over are good enough
May 08, 2017, 05:15:22 AM
I think you'll gonna have tough time containing them. 44 alts is very hard to keep. That means 44 wallet needed to keep your altcoins. Each alts has different wallet. Just go for an exchange with good security like Poloniex. But its up to you. Cold storage and paperwallet. I think its good for you.
Yes i also think if poloniex is good for you to keep all your alts, but i think you can keep it in some places and not in one place. please find some storage place from now, whether it be exchange or desktop wallet etc, good luck! 
May 08, 2017, 05:11:17 AM
Uh you have wallet's for more altcoins, but I don't use wallet for every coin. Like some other people I also hold some of my alts on poloniex and I think they have good protection. My amount there is a little more then 100 dollars, that isn't much, but I don't know would I keep there 4000 dollars. So if you are buying ltc, ETH, dash, lisk or some other big coin you can make wallet's for them, other coins keep on poloniex and problem solved. Good luck!
May 08, 2017, 05:05:30 AM
Just buy top 10 coins by volume from poloniex and hold them for a month.
44 is too much
44 is too much
it depend, if he with buy he mean to invest a very few bitcoin, i could see these 44 coins to buy not a bad things, like you invest 0.01 in small very cheap altcoin, that can give you a return of 10x 1 out of 10 of those alt at least, if he is investing big, better to aim for strong altcoin yes i'm with you on this, i would do 10% of total investment in various cheap alt, and the other 90% on the 10 altcoin that you know are good and have real potential not pump and dump
May 08, 2017, 05:02:05 AM
Just buy top 10 coins by volume from poloniex and hold them for a month.
44 is too much
44 is too much
May 08, 2017, 04:56:43 AM
Hi there,
Like i said in the topic, i already make my searchs on my target Altcoins, 44 at all. So i gonna set my orders and buy them on differents exchanges tomorrow.
i plan to hold them between 2months to 2years, depends on best time to sell.
I wanna know the best way to keep them safe, like i read on differents topics, those exchanges can be hacked or closed by the FBI, so its a bad place to hold them.
For now i dont know how to handle that, those 44 Altcoins goes from shitty one listed on only one exchange to the big ones listed on poloniex.
Help me please, where to hold em safe? and how?
Thanks.
Like i said in the topic, i already make my searchs on my target Altcoins, 44 at all. So i gonna set my orders and buy them on differents exchanges tomorrow.
i plan to hold them between 2months to 2years, depends on best time to sell.
I wanna know the best way to keep them safe, like i read on differents topics, those exchanges can be hacked or closed by the FBI, so its a bad place to hold them.
For now i dont know how to handle that, those 44 Altcoins goes from shitty one listed on only one exchange to the big ones listed on poloniex.
Help me please, where to hold em safe? and how?
Thanks.
why you don't just download their client and put them in a virtual machine or another computer? this is a safe bet for your altcoin, no one will touch them, just be aware of scam coin with virus in the client that could steal all the other coins, this si more dangerous than fbi seizing random exchange
May 08, 2017, 04:42:07 AM
Like i said in the topic, i already make my searchs on my target Altcoins, 44 at all. So i gonna set my orders and buy them on differents exchanges tomorrow.
Did you try to choose a good altcoin? Have you tried to filtering it? It looks a bad decision to take all of the 44 coins. i plan to hold them between 2months to 2years, depends on best time to sell.
You can't expect all of your coins will become successfull investment. I wanna know the best way to keep them safe, like i read on differents topics, those exchanges can be hacked or closed by the FBI, so its a bad place to hold them.
Dekstop wallet or hardware wallet. That's the only way for you to keep your coins are safe.
For now i dont know how to handle that, those 44 Altcoins goes from shitty one listed on only one exchange to the big ones listed on poloniex.
If you don't know how to handle over 40 kinds of altcoins and why are you trying to do it? My guess you have taken without try to determine the future of altcoin ( I mean you don't do a good analyzation)
Try to think for a twice about your decision.
May 08, 2017, 03:32:28 AM
I don't think its foolish to invest in 44 different small alts. Maybe the timing is bad as a huge rally already happened.
What boggles my mind: What makes you capable of choosing 44 good coins without even knowing how to store them
? I'm really asking.
To "help" you further on your request: No one is giving you an "easy" guide on how to store 44 altcoins out of an exchange, because there simply is no easy way to do it. Keeping track of all the software and coins cold-stored is a full-time job for you. This is not remotely worth $4k and I'm not even factoring in the security issues others mentioned here. I'd keep them on the exchange to be honest.
Also, please share your list. We're interested
.
What boggles my mind: What makes you capable of choosing 44 good coins without even knowing how to store them
? I'm really asking.To "help" you further on your request: No one is giving you an "easy" guide on how to store 44 altcoins out of an exchange, because there simply is no easy way to do it. Keeping track of all the software and coins cold-stored is a full-time job for you. This is not remotely worth $4k and I'm not even factoring in the security issues others mentioned here. I'd keep them on the exchange to be honest.
Also, please share your list. We're interested
. May 08, 2017, 02:13:58 AM
i plan to hold them between 2months to 2years, depends on best time to sell.
Best time to sell might be after 2 minutes, or 2 hours or 2 days...before 2 months.
Or after 2 years.
May 08, 2017, 01:39:53 AM
This thread reminds me of the proverb "a fool and his money are soon parted". 44 coins is beyond foolish. On top of that, most coins are in a bubble right now which means it's far more likely they will be worth a lot less in a few months. It's no wonder so many people lose money in crypto. Crypto is NOT like main stream stocks and bonds. It'd say it's even worse then penny stocks. The only time something is worth investing in for more than a month or 2, is if it has a track record where you know buying at a certain low price will net you a good profit in a few months. Anything else is just throwing your money away.
As for how to store it, there is only one real option and that's installing every single one of them. Once you've sync'd the blockchains and got the coins into your wallet, you can just backup the wallet and delete the software if you want.
As for how to store it, there is only one real option and that's installing every single one of them. Once you've sync'd the blockchains and got the coins into your wallet, you can just backup the wallet and delete the software if you want.
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