Don't love any Alt coins. - page 2. | Bitcointalksearch.org

Visbay

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Quote from: darkr on January 11, 2019, 07:09:05 AM

Quote from: 3acaga on January 06, 2019, 12:26:36 PM

Each person trading and investing in a cryptocurrency must decide for himself whether to trade or hold altcoins.
I have an investment portfolio in which there are altcoins and I periodically sell them and buy new ones.

You can combine trading and holding - I do not see any problem here. Pick the altcoins with low market capitalization to trade them, and hodl such cryptos like Bitcoin, Ethereum, Monero.

In this regard i do agree with you that here are so many Alt coins we can choose the best and the one we like the most. Trading and holding is another issue but I truly love holding as it’s easy way of making money and it’s safe. Trading is good for long term and increase your knowledge about trading through actively participation.

semobo

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I don't think anyone heree using altcoins for Web technology behind it just using it for speculating and making money I hope everyone is doing this because to increase their bitcoin portfolio.
Personally I am loving few more altcoins other than bitcoin because of their technology only.

joeperry

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I agree, I also realized that when I was new in trading cryptocurrency I tried searching for a certain coin and join its community at first I was happy since I am earning but I became too greedy and invest more to the coin where I focused my investment and at a matter of time the price crashed and my investment lost almost 70% and from that day I realized that a trader would not just focus on 1 coin but to different coins.

kkaroul4

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Quote from: darkr on January 11, 2019, 07:09:05 AM

Quote from: 3acaga on January 06, 2019, 12:26:36 PM

Each person trading and investing in a cryptocurrency must decide for himself whether to trade or hold altcoins.
I have an investment portfolio in which there are altcoins and I periodically sell them and buy new ones.

You can combine trading and holding - I do not see any problem here. Pick the altcoins with low market capitalization to trade them, and hodl such cryptos like Bitcoin, Ethereum, Monero.

absolutely right and I myself like that prefer to hold good coins like bitcoin, ethereum and litecoin which I still hold, because this year surely these three coins will bring big profits to me

Sengoko

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Quote from: The Cryptovator on December 15, 2018, 12:47:42 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.

Darker45

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Well, it is up to you whether you are buying an altcoin for the sake of letting it grow, as an asset, or you buy them for their actual unique use. It is like you have Bitcoin for the sake of investing on it or using it as a mode of payment. If you are buying an altcoin as an investment, it is always best not to get obsessed or too loyal to it. It may perish just like the rest. So be wise and sell if you are already gaining significantly from it. Of course, you should not invest in a single coin. That is increasing the risk to a different level. Diversify your investment. That is what the early crypto investors say.

Sum24

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Quote from: Malamok101 on January 10, 2019, 09:48:39 AM

Quote from: rubythebest888 on January 02, 2019, 09:52:33 PM

exactly.
Don't put all eggs in one basket, isn't this a default operation?
Traders who put too much in one coin is paranoid.
Not everyone can be a pro, or a legend.
Know your limitation.

That' right maybe some of them don't even know how to trade correctly and if the price will dump they don't know how to manage it.

They get discouraged because of their own mistake that they buy at wrong time and sell at wrong so I don’t think that it’s good mate better is to learn swimming before you jump in the river. I love altcoins because i know how to handle them in different situations. I love altcoins because according to me investing in Altcoin is life time savior.

darkr

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Quote from: 3acaga on January 06, 2019, 12:26:36 PM

Each person trading and investing in a cryptocurrency must decide for himself whether to trade or hold altcoins.
I have an investment portfolio in which there are altcoins and I periodically sell them and buy new ones.

You can combine trading and holding - I do not see any problem here. Pick the altcoins with low market capitalization to trade them, and hodl such cryptos like Bitcoin, Ethereum, Monero.

Goodvalony

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i think you have a point here. 80% of all the Altcoins i bought are 5x down. No movement. i am really stuck. i can not make any trading. i don't want to use my fiat money to buy tokens Again. it looks terrible. i rather invest in bitcoins or Eth. apart from these two coins. the rest are Nothing. No wonder some professional ONLY Believe in bitcoin.

Malamok101

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Quote from: rubythebest888 on January 02, 2019, 09:52:33 PM

exactly.
Don't put all eggs in one basket, isn't this a default operation?
Traders who put too much in one coin is paranoid.
Not everyone can be a pro, or a legend.
Know your limitation.

That' right maybe some of them don't even know how to trade correctly and if the price will dump they don't know how to manage it.

PuertoLibre

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Quote from: karloscimot on January 09, 2019, 02:38:59 PM

it doesn't matter if you trust 1 coin that you like, I believe if the trend improves, your assets will also return to the same value. But this is not fun for daily traders. If you have a lot of capital, you can maintain your assets on these coins, and prepare active capital for other coins that can generate quick profits.

We trade them and holding till getting profit works imo. Hodl doesn't mean to fall in love with crypto. Day trading requires capital and strong psychology. Traders usually buy low and sell high in order to minimize risks and maximize rewards. Jumping from one to another coin is risky and gaining quick profits aren't reliable method for guys with big balances.

karloscimot

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it doesn't matter if you trust 1 coin that you like, I believe if the trend improves, your assets will also return to the same value. But this is not fun for daily traders. If you have a lot of capital, you can maintain your assets on these coins, and prepare active capital for other coins that can generate quick profits.

untugede

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Quote from: strunberg on January 09, 2019, 08:28:16 AM

Quote from: Savemore on January 09, 2019, 07:22:20 AM

I lose half of my money because of altcoins. Now I know that there are only specific altcoins that are good to hold. We should do research about the altcoins that we want to make investment for us to ensure that we can get high returns.

good point from your experienced mate.we have to able choosing which is best altcoin to hold or not.although this is not easy, but we have to learn if we want to generate profit in our trades.

that's what we have to do before investing or trading, doing research about the coins we want to buy for investment or trading is very important, don't just come and buy an altcoin for us to invest or trade, for example we don't want to lose the amount of capital we have, and now we just hope that there will be a refund of money to recover the losses we have suffered.

NewRanger

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Quote from: GrayFullbuster on January 09, 2019, 08:32:50 AM

Quote from: The Cryptovator on December 15, 2018, 12:47:42 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.

We learned from our mistakes and that's why we keep improving. I know using the knowledge that I got from my past decision. I can now avoid in losses through the use of the information that I gathered. Altcoins are good investment nowadays but we should pick altcoins wisely.

in each our mistakes, we could take good lesson in order to improve our skill.without any mistakes we would not improve at all.and by holding altcoin we will get doubled benefit when crypto market recoverd.

GrayFullbuster

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Quote from: The Cryptovator on December 15, 2018, 12:47:42 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.

We learned from our mistakes and that's why we keep improving. I know using the knowledge that I got from my past decision. I can now avoid in losses through the use of the information that I gathered. Altcoins are good investment nowadays but we should pick altcoins wisely.

strunberg

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Quote from: Savemore on January 09, 2019, 07:22:20 AM

I lose half of my money because of altcoins. Now I know that there are only specific altcoins that are good to hold. We should do research about the altcoins that we want to make investment for us to ensure that we can get high returns.

good point from your experienced mate.we have to able choosing which is best altcoin to hold or not.although this is not easy, but we have to learn if we want to generate profit in our trades.

Savemore

sr. member

Activity: 952

Merit: 274

I lose half of my money because of altcoins. Now I know that there are only specific altcoins that are good to hold. We should do research about the altcoins that we want to make investment for us to ensure that we can get high returns.

manggis97

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Activity: 476

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Yes don't put eggs in one basket, and don't put all money in to crypto because out there any others asset to invest like stocks, real estate etc. With high volatility of crypto we should use money that willing to loss to invest or trade it.

MURONDI

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Quote from: ?? on ??

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.

I don't really like altcoin, I suffered a lot of losses because I held the altcoin too long, last year I had an altcoin worth approximately $ 40000, now my altcoin value is not more than $ 400, I don't know when the altcoin value will improve.. Angry

Misterf

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Quote from: marcous on January 07, 2019, 08:39:21 AM

First, don't ever invest your money if it's your main money. a mistake if you invest everything, without thinking that you need the money for your daily needs. And you have to have a decision when the market is crashing and collapse don't hold too much capital. stop loss with a decision to cut losses.

Agree it should be risk capital that you can afford to lose.

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