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Topic: Don't love any Alt coins. - page 9. (Read 30065 times)

sr. member
Activity: 924
Merit: 260
December 18, 2018, 03:11:28 AM
#47
I think we can still hold altcoins like ethereum, lisk, litecoin, zcash and dash the foregoing coins has done very well in the past and there are still doing very well today no matter what is happening.  Some of this coins could have gone into extension if not for how strong there are.
hero member
Activity: 1778
Merit: 504
WorkAsPro
December 17, 2018, 11:39:30 PM
#46
You have did a big mistake if you invested only on a single altcoins. Diversify your investment on some altcoins, it will lessen the risks of losses. I don't think it is the time for you to regret it. It is the decline period, so why not you just wait for the next bullrun or rise cycle. Actually you haven't lost yet. Be patient!
Patience can be a good choice but this will greatly affect your psyche at this point and will easily make you depressed for long periods of time. If the market wants to return, the number of investors must increase in the next time and then the value of altcoin will increase.
newbie
Activity: 70
Merit: 0
December 17, 2018, 11:13:03 PM
#45
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.
this can be a learning that putting all your money into one coin is very risky, but trying to share the money we have to infest many coins, this may be safer, because it is impossible for all coins to fall simultaneously, or maybe we infest gradually , because gradually we can always follow the current price, make all the events in the trade a lesson for us.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
December 17, 2018, 07:53:36 PM
#44
You have did a big mistake if you invested only on a single altcoins. Diversify your investment on some altcoins, it will lessen the risks of losses. I don't think it is the time for you to regret it. It is the decline period, so why not you just wait for the next bullrun or rise cycle. Actually you haven't lost yet. Be patient!
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
December 17, 2018, 07:00:11 PM
#43
Here's what I do with my investment. I make sure that I distribute my capital into bitcoin and three altcoins. Half of my investment to bitcoin and remaining half for the three altcoins. Altcoins are more risky than bitcoin but will give more profit than bitcoin. Just don't let your emotions bring you to panic selling.
member
Activity: 889
Merit: 60
December 17, 2018, 06:27:40 PM
#42
Selling without a fomo and not looking back has been most profitable to me. But there's always my greed that makes it hard to do that.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
December 17, 2018, 06:23:37 PM
#41
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.

That's why I don't mentioned any alts to those who are asking what's the "best" coin to put money with.

Basically, we have different perspective and approach on each certain coin therefore our stratgey dealing on those is obviously different to each other. If I made success on those alts, it doesn't mean that other people will have the same experienced and vice versa.

Well then, we just have to trust our judgement with backed up analysis while facing the risks. All mistakes will be charged to experiences.
member
Activity: 448
Merit: 10
December 17, 2018, 04:00:36 PM
#40
yes agree, it is difficult if you only hope for one coin because the risk for loss is greater even if the price of the coin rises then get a big profit but it is safer to invest your money in a few coins so that if one coin loses it can be replaced by another profit
hero member
Activity: 1274
Merit: 516
December 17, 2018, 07:33:18 AM
#39
Its actually depends on the coin, some of the coin hold a big potential, but the usage of the alt coin is very limited, it is really difficult to make the price go up and growth if the adoption is limited, and usually the developers only created the coin to be dump, so once its dump then it will be hard to go up again
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 17, 2018, 06:07:30 AM
#38
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.
That's one of the biggest mistakes we all do, we love crypto so much that we forget this is a technical financial thing and put our emotions into it and in the end when we love something it breaks our hearts. I loved nano to death, nano is still my favorite coin ever considering it actually manages to send millions of dollars and the transaction is both free and takes only milliseconds.

That basically solves the transaction fee problem all together and is a much much needed thing in all of crypto however just because I believed in the project I did not checked the indicators and never really cared about what others said and now it is less than a dollar whereas it was 34 dollars at one point.

We sometimes forget to look at the technical details and that is why we are doomed to lose money. Look at crypto as an investment, not as a project you want to contribute to.
full member
Activity: 812
Merit: 142
December 17, 2018, 02:58:45 AM
#37
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.

Bitcoin will be back on, probably in a few months / year, so many alt will die forever.

Bitcoin is and will remain the undisputed RE

Btc is then king of all coins so it will always be the leading market maker . All the alt coins which does not have any use or good team to manage it will become worthless and many would not benefit even listed after this ICO’s. So just consider top altcoins market cap wise in current market to buy it .
sr. member
Activity: 1680
Merit: 259
December 17, 2018, 02:50:55 AM
#36
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 love what I do but not the product ( coins ), that's rules in business world. Increase asset value and skill is our aim and use the product wisely, not love it until we can't let it go. This year I learn about it not easy but now I know the limit, not to become rich guy but better person.
member
Activity: 112
Merit: 20
December 17, 2018, 02:30:37 AM
#35
don't affraid the market will rise again bro
We're not talking about a rise in the market here, OP is stressing a point about investing in the right coins and not the ones you "love" or subscribe to

Back to topic:There is nothing to love in a coin, even the bitcoin per se, it's all about maximizing profits from that available ones, and whichever is giving you profits at a particular time,you could tend to fall in "love" with it
Most people have earned a lot from the bitcoin,and the moment there is a crash,they start cursing and swearing
So it's absolutely about profits,and for now I can see no other than bitcoin or the Eth being profitable
member
Activity: 187
Merit: 45
December 17, 2018, 02:11:53 AM
#34
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.

Bitcoin will be back on, probably in a few months / year, so many alt will die forever.

Bitcoin is and will remain the undisputed RE
newbie
Activity: 2
Merit: 0
December 17, 2018, 01:54:22 AM
#33
Thanks for the advice. Just like the saying goes 'do not put all your eggs in one basket. They are risks involved in trading.
legendary
Activity: 1442
Merit: 1025
December 17, 2018, 01:48:16 AM
#32
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.
When the future of any coin is unpredictable then why we must take them personally. Yes, we must have any coin in our portfolio for making profits and not due to having some personal intention toward that coin like it will fetch you millions in the future. Because, only when your expectations are big, you may start loving that coin. Just have them for the reason of diversification otherwise just stick within bitcoins but you may love bitcoins always.

If we continue to hold our coins while the price has jumped significantly, then we can lose momentum. If the meaning of 'love' is to keep coins, no matter what happens, then I'm not the type of person like that.
Yes he used the term 'love' to denote, investing heavily into coin and holding that infinitely for big targets. Here, it sounds like becoming greedy due to overconfident. It is just another emotion failure. We must stick within our trading plans always otherwise disasters are unavoidable.
full member
Activity: 742
Merit: 144
December 17, 2018, 01:43:39 AM
#31
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 also experience this one and its really because after holding on that coin, the profit is gone forever, its really hard for an altcoins to bounce back so I support this one, don't ever hold coins for good always set your target price and be true on that. Always set limits, whether its a buying or selling price because in this market volatility is very high and there is no constant aside from change. Don't get too much emotion in every coin, remember that your goal is to make profit and not to lose big money.

don't affraid the market will rise again bro
In due time, but for now we have to learn from all our experiences this year and be better in the coming years.
legendary
Activity: 1904
Merit: 1000
December 17, 2018, 01:31:30 AM
#30
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.

That's why we need targets every time we make a buy order. And as soon as our target is reached, we get the profit as planned, we have to sell it as soon as possible. And then wait for the next entry point to start making another buy order with another target. If we continue to hold our coins while the price has jumped significantly, then we can lose momentum. If the meaning of 'love' is to keep coins, no matter what happens, then I'm not the type of person like that.
sr. member
Activity: 910
Merit: 257
December 17, 2018, 12:32:50 AM
#29
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.

That depends. I mean, yes, there are so many altcoins that are losing value and are dying out day in and day out. However, we should remember that although Bitcoin is the movant and the main coin that affects the market, it's the Altcoin that gives it life and vibrancy, plus it is actually the one that supplies all movements in the market since most people are hellbent in holding their Bitcoins until the last minute. If not for Altcoin movements, I think the market have died way before, so if you feel that they are useless now, I suggest you just find those that have better chances of prospering.
newbie
Activity: 12
Merit: 0
December 16, 2018, 11:17:39 PM
#28
don't affraid the market will rise again bro
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