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Topic: Don't love any Alt coins. - page 3. (Read 30065 times)

hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 1123
Merit: 253
January 07, 2019, 08:31:16 AM
Well, I hope you were well aware of the risks before you decided to invest in such an altcoin. I don't think you need to generalize the entire altcoin world simply because you failed in a single one. In the first place, there are so many altcoins that made other altcoin investors rich, some others almost overnight. Of course, there were also those who ended up losing instead. You were one of them. Perhaps aside from learning from your own experiences, you also need to learn from the experience of other people. I think the crypto world is so big. There are so many other good coins out there.

And, coming from yourself, do not invest everything in one single basket. I totally agree, but it seems you are contradicting your own advice right there. That simply means you need to invest in an altcoin. Because outside Bitcoin, there is no other coin that is not an altcoin.  Wink
full member
Activity: 532
Merit: 100
January 07, 2019, 08:16:43 AM
Even altcoins are struggling nowadays. I still have good faith on my altcoins. Not all altcoins are bad. There are still some good altcoins that will give us good profit in the future. All we need is to choose the right altcoins to trade or to invest in.
full member
Activity: 518
Merit: 100
January 07, 2019, 06:15:06 AM
The advice not to love any coin is sensible,  you are not here to invest your emotion but your money and if you make good decisions, your money increases and with bad decisions you may lose it all!

You do not need to love altcoins, Bitcoin or fiat as soon as it is very strange to show the emotions towards the money or assets. You simply need to know how to pick good tokens that will grow in future.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
January 06, 2019, 07:18:27 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.
Great advice, thanks. Like myself I love some altcoins such as Ethereum, Tron, Maker, Decentraland, and BAT. I just like buying and HODLing them until when the market starts burning down which I have no choice but to sell them all.
sr. member
Activity: 2506
Merit: 368
January 06, 2019, 05:06:44 PM
I always prefer to diversify my own portfolio when it comes to investing in cryptocurrencies. It is safer than investing only in one coin because not all altcoins will have the same price situation when market go down. Prices of some altcoins are still going up even there is a bear market so it is better to buy sone select coins instead of all in.
I like to have more choices in my portfolio because it will help me to know exactly which projects will grow well and which projects will die in the future. We may face a lot of risks, but investing many coins can make us have a better view of this market.
Having more choices is a good one too because you have the advantage already to diversify just in case you lost to some of the projects due to their lack of potential. It is recommended here already that the more altcoins you hold the more your chances to gain a good profit.

It is not just loving any altcoins, it is how you see the potential of such coins during the making of their projects.
member
Activity: 546
Merit: 32
January 06, 2019, 04:46:58 PM
I love a lot of coins which defends on the project they have and the technology and products they are providing too. I also lost a lot of Bitcoins in certain altcoins but i also earn more in other altcoins too. You have a point though.
That’s really nice and not only you but allot of people are here who earned money with care and skills in trading of bitcoin. I have never tried any other Altcoin but I only use bitcoin that gives me good income. I really appreciate those who keep on investing even at bad days...so I like to apply my skills on bitcoin this year once again.

This field and this situation will not allow you to make any steps I hate because we are know the situation is not conveying for us that's why this topic will hear and it will change soon hoping the value will definitely increases for Bitcoin and other cryptocurrency will also beneficial from that.
full member
Activity: 1008
Merit: 101
January 06, 2019, 03:55:36 PM
I love a lot of coins which defends on the project they have and the technology and products they are providing too. I also lost a lot of Bitcoins in certain altcoins but i also earn more in other altcoins too. You have a point though.
That’s really nice and not only you but allot of people are here who earned money with care and skills in trading of bitcoin. I have never tried any other Altcoin but I only use bitcoin that gives me good income. I really appreciate those who keep on investing even at bad days...so I like to apply my skills on bitcoin this year once again.
member
Activity: 462
Merit: 12
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.
full member
Activity: 504
Merit: 100
January 06, 2019, 10:55:49 AM
There are still some good altcoins in the market. And i have some in my possessions. I think when the market stabilizes. Those good altcoins will give us some good payouts.
hero member
Activity: 2814
Merit: 518
January 06, 2019, 08:34:03 AM
I always prefer to diversify my own portfolio when it comes to investing in cryptocurrencies. It is safer than investing only in one coin because not all altcoins will have the same price situation when market go down. Prices of some altcoins are still going up even there is a bear market so it is better to buy sone select coins instead of all in.
I like to have more choices in my portfolio because it will help me to know exactly which projects will grow well and which projects will die in the future. We may face a lot of risks, but investing many coins can make us have a better view of this market.
It is really great but you can't manage them all if your not a fulltime trader.
Experience will help us to understand in how the market works and with that, we find ways and can solve the problems that we've encountered. Since from the start, I've only holding 3-5coins and I sell some of them when the market is good.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
January 05, 2019, 10:00:52 PM
I always prefer to diversify my own portfolio when it comes to investing in cryptocurrencies. It is safer than investing only in one coin because not all altcoins will have the same price situation when market go down. Prices of some altcoins are still going up even there is a bear market so it is better to buy sone select coins instead of all in.
I like to have more choices in my portfolio because it will help me to know exactly which projects will grow well and which projects will die in the future. We may face a lot of risks, but investing many coins can make us have a better view of this market.
hero member
Activity: 665
Merit: 500
January 05, 2019, 07:57:19 PM
not only you, I also suffered a lot of losses, I hold several altcoins, used to be worth more than $ 5,000, now the price is broken, my altcoin value is $ 200  Grin indeed most altcoins will become "junk coins"

Your altcoin value dropped because all people know it's because bitcoin price. If you are lucky, just wait until the price (expecially bitcoin) back to the track and your altcoin value will be higher than now.
legendary
Activity: 2100
Merit: 1058
January 05, 2019, 07:51:20 PM
The advice not to love any coin is sensible,  you are not here to invest your emotion but your money and if you make good decisions, your money increases and with bad decisions you may lose it all!
Yes, alternative coins are not reliable (some of them, and not all of them.) there are some you will invest in and they will not bring you profit as you expect, while others will turn out to be complete loss at last and there will be no way to recover from it not to talk of selling it even. What people knows is Bitcoin, not a lot of people cares about altcoins.
member
Activity: 315
Merit: 12
January 05, 2019, 12:36:56 PM
if you believe only in intuition then that is not entirely true, there are a number of altcoins that I still believe in for the long term, because assets like this are not directly expected to be short-term profit, but for capital intended for active trading, it is better to move from one coin to another after earning enough profit. do not trade in only one coin for special capital that is already prepared.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
January 05, 2019, 12:35:47 PM
I always prefer to diversify my own portfolio when it comes to investing in cryptocurrencies. It is safer than investing only in one coin because not all altcoins will have the same price situation when market go down. Prices of some altcoins are still going up even there is a bear market so it is better to buy sone select coins instead of all in.
Agree, therefore there are many who say to invest in several altcoins, because not all of them have the same percentage of decline. When there is a downturn in the crypto market we can still see there are some altcoins who are still able to survive or even be able to increase, but I admit it won't last long and eventually it will fall too. But investing just one coin I don't think it's a good idea if you want to get good profits in the future.
full member
Activity: 487
Merit: 115
January 05, 2019, 12:12:03 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.

yes, you are right about that. We shouldn't waste time on just two or three coins. We should always follow the market carefully and invest consistently only in strong efficiency coins. Most importantly, not to make your entire investment on a single coin If you do that fault could damage you in future.

full member
Activity: 518
Merit: 100
January 05, 2019, 08:53:00 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.
indeed that's the fact, many investors and new traders prefer to invest and trade to buy altcoins, because I think they chose altcoin because the price is very far from bitcoin, so with a capital that's not too large they expect an increase in prices from altcoins and what they think will get big profit from him.
sr. member
Activity: 826
Merit: 256
January 05, 2019, 08:15:04 AM
I always prefer to diversify my own portfolio when it comes to investing in cryptocurrencies. It is safer than investing only in one coin because not all altcoins will have the same price situation when market go down. Prices of some altcoins are still going up even there is a bear market so it is better to buy sone select coins instead of all in.
newbie
Activity: 20
Merit: 0
January 05, 2019, 01:42:03 AM
I have invested on some altcoin. Not that big, but there is a way to make profit in btc (by alt/btc trading). Not a fanatic on an altcoin tought. Just looking for few alt and invest for short term.
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