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Topic: Don't love any Alt coins. (Read 30099 times)

member
Activity: 73
Merit: 10
January 15, 2019, 11:26:40 PM
Ofcourse i love altcoins buying and holding them but in the past year altcoins kills my money for holding them  Grin
I don't know why the market not good in 2018 but i move on and take advantage again.
add your altcoin stock from now on,its price already in bottom and it could be good opportunity for us to earn profit when its price rise again to all time high.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 15, 2019, 11:21:12 PM
Very risky move to invest in ALT coins, they are called ALTERNATIVE coins for a reason     
Sticking with the main coins BTC and ETH to assure wealth in the future
NEO, Tezos, and TOLL come to mind when thinking about ALTS, but these are all down very much
member
Activity: 364
Merit: 10
January 15, 2019, 10:32:11 PM
Ofcourse i love altcoins buying and holding them but in the past year altcoins kills my money for holding them  Grin
I don't know why the market not good in 2018 but i move on and take advantage again.
full member
Activity: 602
Merit: 111
January 15, 2019, 09:59:34 AM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.


Agree and some will even make a long arguement just to defend their altcoin. Guys loyalty on a coin does not really pay well most importantly if you are not good at technicals. You can always buy them back if you sold it and accumulate more or jump into another coin if you have felt that it reached it max value.
yeah we have to think rationally when holding coins.dont love to it too much or we could harmed with our own decision.if there are many other profitable coins meanwhile our coins didnt profit yet, why we dont switch it?


This situation is not suitable for any currency but the previous years will be best for all investment and we are also getting profit from that also in every time but this situation will not be accepted by as it cause many changes in our economy but it will definitely changes at any time.
sr. member
Activity: 1624
Merit: 341
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January 15, 2019, 09:34:25 AM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.


Agree and some will even make a long arguement just to defend their altcoin. Guys loyalty on a coin does not really pay well most importantly if you are not good at technicals. You can always buy them back if you sold it and accumulate more or jump into another coin if you have felt that it reached it max value.
yeah we have to think rationally when holding coins.dont love to it too much or we could harmed with our own decision.if there are many other profitable coins meanwhile our coins didnt profit yet, why we dont switch it?
newbie
Activity: 28
Merit: 0
January 15, 2019, 09:04:56 AM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.

There are potential coins even in this bearish market. Its a time where traders can test there strategy and convert them to bots and get ready for the bull run.

If you are thinking that you will trade only in bull run then it is a myth.

Sharing a analysis with you: https://coinswitch.co/news/top-5-crypto-technical-analysis-jan-19
full member
Activity: 546
Merit: 100
January 15, 2019, 07:55:14 AM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.


Agree and some will even make a long arguement just to defend their altcoin. Guys loyalty on a coin does not really pay well most importantly if you are not good at technicals. You can always buy them back if you sold it and accumulate more or jump into another coin if you have felt that it reached it max value.
newbie
Activity: 2
Merit: 0
January 15, 2019, 07:43:00 AM
Holly truth!
full member
Activity: 1232
Merit: 186
January 15, 2019, 03:34:37 AM
In my opinion, there's nothing wrong of having another favorite coin other than btc as long as you knew that the coin you choose is trustworthy and stable. Since that I'm only a hodler who cannot adapt on the fluctuations of the market from time to time then what I do is that I only invest on ethereum because this is the 2nd strongest coin in the market which also means that there's nothing to worry about its future unlike to tons of ICOs came out but most of it end up as shitcoin. That's my principle, I only trust on alts which already build a good foundation in the market.
hero member
Activity: 1820
Merit: 515
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January 15, 2019, 01:30:12 AM
Even bitcoin lost 80% of value from all time high so for the traders which coin is not really matters,they need to constantly change their coins based on which coin is doing good at these situation sometimes a shit coin can make good profits to us.
sr. member
Activity: 980
Merit: 261
January 15, 2019, 01:25:38 AM
Don't stick to one altcoins there are so many have a future altcoins that can give a big profit in a long term plan just try discover not to stick in one and don't be afraid to lose in just a normal thing.
I think that liking the altcoin that we hold will make it difficult for us to sell it, even when the price is high. well, I agree that don't love the altcoin that we have too much, it certainly will make us hesitate to sell it, so we can lose the opportunity. well, maybe selling little by little is the solution to this problem.

It is hard to sell if you hold your alts for almost a year, and when the price is started to have a high value the greediness will be there because you will see the price will continues to raise so you will wait. If I see the alts has a great future and great purpose I am willing to hold.
full member
Activity: 476
Merit: 100
January 15, 2019, 12:43:09 AM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
I do not regret the actions that I did,  there are few altcoins in my portfolio that loses 90% of its value but I have also altcoins that are really valuable to hold. I realized that not all of altcoins are good for investment and that's why I using the information that I got from my past mistakes to avoid losses.
sr. member
Activity: 826
Merit: 252
January 14, 2019, 11:56:48 PM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.


I agree with you and take trading/ investment as business not for another reason. Some people already sell all asset or keep stay but we don't know whst the reason but I suggest we try to see our self, fix our mistakes and when stop loss/ take profit reached just let it go. We can avoid " hold " by disciplines meaning follow our rules/ strategy with out asking.
hero member
Activity: 1778
Merit: 746
January 14, 2019, 10:55:15 PM
Don't stick to one altcoins there are so many have a future altcoins that can give a big profit in a long term plan just try discover not to stick in one and don't be afraid to lose in just a normal thing.
I think that liking the altcoin that we hold will make it difficult for us to sell it, even when the price is high. well, I agree that don't love the altcoin that we have too much, it certainly will make us hesitate to sell it, so we can lose the opportunity. well, maybe selling little by little is the solution to this problem.
full member
Activity: 504
Merit: 105
January 14, 2019, 10:23:35 PM
Don't stick to one altcoins there are so many have a future altcoins that can give a big profit in a long term plan just try discover not to stick in one and don't be afraid to lose in just a normal thing.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
January 14, 2019, 01:44:48 PM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
One coin can changed your life any time so its so difficult to find this lucky coin.In my experience i was bought minex coin when its price only 3$ than minex was 75$ more but i was sell it only 40$ because i want profit but not more .Than i was thought bitcoin will be moon and try to collect bitcoin hold but failed so crypto is place where you lost everything for one mis take .
jr. member
Activity: 319
Merit: 1
January 14, 2019, 02:42:16 AM
Just love altcoins but not to bought them ofcourse this is why thos reason they saying lossing money from traders and investors for boughting them and not profitable at the cause situation of the market.
member
Activity: 588
Merit: 11
January 14, 2019, 01:59:36 AM
I also experienced that same mistake when I was still a beginner in cryptocurrency trading. I learned a lot from this past mistakes and decided to learn more on crypto trading instead of gjving up because you need sufficient knowledge to succeed in any kinds of goals like trading. I also bought some coins that has the potential to go up instead of buying only a single coin.
full member
Activity: 588
Merit: 100
January 13, 2019, 10:27:01 PM
I learnt much thing from my mistake in crypto trading, When we make invest or trade crypto we should be choose only coins that have good fundamental and buy when the price in support area , so use combination of technical and fundamental analysis is needed to make good profit. At the same times trade 2 or 3 different coins , dont trade in 1 coin only and also dont trade too much different coins to make more easy to handle it. One more thing dont forget to use stop loss.
member
Activity: 448
Merit: 10
January 13, 2019, 02:55:38 PM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
2017,during the last bull run, I didn’t lose anything. When the price got very high to $19,500, a lot of experts started predicting that there will be a fall. Though I was a bit greedy and wanted to continue to hold cause I believed that the uptrend will continue, but I changed my mind and decided to withdraw and after I did that, the market began to collapse. Bitcoin is always my favorite, but I still trade altcoins.
You as so lucky that you win at the end and you did not lose anything. Those who become greedy and don’t sell anything on right time they will be sad later in future. I love bitcoin too because it’s reality that bitcoin never give you any lose until you make foolish mistakes like panic selling.
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