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Topic: crypto strategy this week? - page 2. (Read 930 times)

sr. member
Activity: 924
Merit: 260
October 16, 2017, 11:08:51 AM
#11
I will go with your strategy number one. I have decided to stay with bitcoin and sending some of my coins to exchangers platforms that will give free bitcoin gold. I could not make good money during the last August hard fork and splitting but this time around I am going to take advantage of the free coins. I also believe that after the hard fork we may get an upward movement in bitcoin core price and altcoins may get dump including bitcoin cash because many traders may like to cash up with the trend . The second option also may likely happen as many bitcoiner may just decided to hold the coins in there private wallet in other not to be taken unaware. 
newbie
Activity: 36
Merit: 0
October 16, 2017, 08:08:38 AM
#10
i've been dropping any coins that had any spikes. i should've sold lisk yesterday on that spike but wanted a little more. i expect to buy back in in a couple of days. omg still looks really depressed, very tempted to put more there. we'll see. thanks for the input all.
sr. member
Activity: 1232
Merit: 266
> CAMPAIGN MANAGER < https://t.me/TheAndy500
October 15, 2017, 11:15:05 AM
#9
like many on here, i've got some btc and a few bags of depressed alts. selling low doesn't make a lot of sense and btg seems tempting. wondering for some advice on what's the plan here:

strategy 1: convert to btc and get btg. convert to btc has some merit, but getting btg doesnt seem worth it. i'd expect btc to climb until oct 21, and then dip ~2-4% on oct 22. btg at best is going to be worth ~8% of btc (using bch as a reference point). you would think alts gain 10-15% on oct22.

strategy 2: convert to btc and try to figure out what is the most promising alt that has been very depressed, and reinvest in this alt on oct 21. if this alt can gain 10-50%, you pretty much have a winner.

strategy 3: hodl your bags. seems like an ok strategy, but it would seem to make more sense to go to btc right now and then rebuy your bags a few days before btc HF. it's inevitable that most of the alts will continue to drop.

just for reference, i'm holding lisk, omg, monero, neo, ark. i see nothing but more red for these for the rest of the week.

i personally like strategy 2 right now. let me know if i'm analyzing this wrong, thanks.
It seems to me that buying all sorts of coins this week is a good idea, but keep in mind to spread your budget and not risk allin.
member
Activity: 130
Merit: 14
October 15, 2017, 10:37:48 AM
#8
Why not get the max amount of btc gold you can and then dump it. Free money. If you think btc will rise even more before the gold fork then buy btc NOW to get max profit.
full member
Activity: 403
Merit: 101
October 15, 2017, 10:33:37 AM
#7
I agree on your strategy 2 also

I also have some "depressed alts" myself, and that's what I'm gonna do Smiley
full member
Activity: 504
Merit: 102
October 15, 2017, 10:14:45 AM
#6
like many on here, i've got some btc and a few bags of depressed alts. selling low doesn't make a lot of sense and btg seems tempting. wondering for some advice on what's the plan here:

strategy 1: convert to btc and get btg. convert to btc has some merit, but getting btg doesnt seem worth it. i'd expect btc to climb until oct 21, and then dip ~2-4% on oct 22. btg at best is going to be worth ~8% of btc (using bch as a reference point). you would think alts gain 10-15% on oct22.

strategy 2: convert to btc and try to figure out what is the most promising alt that has been very depressed, and reinvest in this alt on oct 21. if this alt can gain 10-50%, you pretty much have a winner.

strategy 3: hodl your bags. seems like an ok strategy, but it would seem to make more sense to go to btc right now and then rebuy your bags a few days before btc HF. it's inevitable that most of the alts will continue to drop.

just for reference, i'm holding lisk, omg, monero, neo, ark. i see nothing but more red for these for the rest of the week.

i personally like strategy 2 right now. let me know if i'm analyzing this wrong, thanks.

I also agree that your 2nd strategy seems feasible to run.
Actually alt you are holding is good and alt forward it will be a valuable asset, maybe it could be after btcg release.
I do not understand and confused why many people are interested and want to get btcg.
hero member
Activity: 658
Merit: 500
October 15, 2017, 09:49:34 AM
#5
If I were you I will go with tree, one thing I have learned in the space is that no matter the scenerio long term investor always win big provided you are into a project with active development and strong community support
full member
Activity: 238
Merit: 101
FrontEnd developer
October 15, 2017, 06:13:46 AM
#4
Look prospectively and buy. STRATIS, ARDR, Yes a lot of them. After this dump as mininmum couple of weeks, everything x2 will do
member
Activity: 105
Merit: 10
October 15, 2017, 03:19:23 AM
#3
I think you can easily find an alt that will do 10-50% so really it's a matter of do you think BTC will keep rising?  If you're in btc in the next few weeks and you did your research then you could walk out of the trade happily.  
full member
Activity: 266
Merit: 101
October 15, 2017, 03:18:35 AM
#2
Buy every altcoins and get rich . Literally everything is on sale now , dont ever wait for that Btc gold bullshit.
newbie
Activity: 36
Merit: 0
October 15, 2017, 03:12:15 AM
#1
like many on here, i've got some btc and a few bags of depressed alts. selling low doesn't make a lot of sense and btg seems tempting. wondering for some advice on what's the plan here:

strategy 1: convert to btc and get btg. convert to btc has some merit, but getting btg doesnt seem worth it. i'd expect btc to climb until oct 21, and then dip ~2-4% on oct 22. btg at best is going to be worth ~8% of btc (using bch as a reference point). you would think alts gain 10-15% on oct22.

strategy 2: convert to btc and try to figure out what is the most promising alt that has been very depressed, and reinvest in this alt on oct 21. if this alt can gain 10-50%, you pretty much have a winner.

strategy 3: hodl your bags. seems like an ok strategy, but it would seem to make more sense to go to btc right now and then rebuy your bags a few days before btc HF. it's inevitable that most of the alts will continue to drop.

just for reference, i'm holding lisk, omg, monero, neo, ark. i see nothing but more red for these for the rest of the week.

i personally like strategy 2 right now. let me know if i'm analyzing this wrong, thanks.
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