With altcoins you can easily have more Bitcoin in your wallet, to me trading with altcoins on exchanges are more profitable than using Bitcoin to trade on exchanges, if you want to hold instead of trading then make sure you do good analysis on the altcoins, it's easier to lose money around altcoins than bitcoin
That's right, @FireBallex. BTC as well as ETH has much potential rather than any other altcoins except some top altcoins. But we can trade those altcoins which will have some major events like mainnet, listing on a top exchanges and other upgrades after doing our own analysis some speculations of that altcoins. Also we should not hodl any altcoins for the long-term purposes because it can dump anything, but we can do the short-time trading according to the events. 
Topic: DONT MARRY YOUR ALTCOIN BAGS - page 7. (Read 2294 times)
Surely we will still have projects that would give 10X, 20X and even more but the era is becoming thing of the past, some people are so blind to this truth and think we are going back to those days. Alot of projects pumping now are those that have dumped below their ICO prices and would be very difficult to regain the price. Always have exit plan
With altcoins you can easily have more Bitcoin in your wallet, to me trading with altcoins on exchanges are more profitable than using Bitcoin to trade on exchanges, if you want to hold instead of trading then make sure you do good analysis on the altcoins, it's easier to lose money around altcoins than bitcoin
There is nothing wrong with investing in altcoins and hoping to go up 10x-100x. Because there is a possibility that could happen in 2017-2018
repeated in the future. I am among those who believe that altcoins will rise, but when compared with bitcoin it is far safer investment in bitcoin.
Now it depends on each of us, what kind of decision we want to make.
repeated in the future. I am among those who believe that altcoins will rise, but when compared with bitcoin it is far safer investment in bitcoin.
Now it depends on each of us, what kind of decision we want to make.
The decision depends from how you look forward, working with alts trading needs to have deeper engagements, there's always possibilities that the joyride happened way back will repeat itself choosing the right coin to invest and hold for long term comes from good research.
While buying alts that have good market movements can generate decent profits in a short period of time, take everything into consideration and assess every alts that you will going to place your investment.
altcoins are great for flipping for more btc but dont every marry a coin. When btc goes on a run past all time highs you dont want to be bagholding ALTS. You will watch them get crushed. I personally was bagholding alts from 4k-20K and they got demolished I even had friends saying man you must be doing well with those bitcoins you have 
In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be
In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might beI believe like Bitcoin there is always some altcoins that deserved to be Holding for long term,It is not just Marrying them but at least trusting them to bring us income in the near future.
Yeah Holding too much sometimes bring failure but it doesn't mean it will happen every time.
i have been profiting from altcoin since then so i am not supporting the totality of this thread but i respect the point as much i wanted to be respected in my stand.
Having Bitcoin in your wallet is a peace of mind than keeping new altcoins, I'm hundred percent against this, apart from NEO, Tezos, Chainlink and some rare good altcoins I don't plan on taking more unnecessary risks because I want big gains, I'm more of a Bitcoin guy than altcoin
I remember of a friend who gave up his studies and went all-in on AMP coin (Synereo - if you remember the project). By saying all-in, I don't mean that he invested any money on it but all his time. He worked as a programmer for them and used to earn $300 worth of AMP each month. He did this for at least 3 years, the project did well and he almost became a double millionaire when the spike occurred in markets during 2017 when BTC was $14k and reached $20k. But he kept the coins as it is, didn't sell them when I even advised him to do so and later when the crash happened, the project itself came to an end putting all his work and savings under the grave. So, you need to know when to sell as that's too an important part of trading.
Even reading this hurts so much, I am sorry for your friend.The conclusion is very true - you don't have your profit until you've fixed your profit in btc/fiat/stablecoin etc.
There is nothing wrong with investing in altcoins and hoping to go up 10x-100x. Because there is a possibility that could happen in 2017-2018
repeated in the future. I am among those who believe that altcoins will rise, but when compared with bitcoin it is far safer investment in bitcoin.
Now it depends on each of us, what kind of decision we want to make.
repeated in the future. I am among those who believe that altcoins will rise, but when compared with bitcoin it is far safer investment in bitcoin.
Now it depends on each of us, what kind of decision we want to make.
Please tell this to newbies, I was once a newbie and all I ever dreamt about was having lots of altcoins in my portfolio, thinking I will easily become rich storing all those altcoins, later I realized that it's a total wrong path, use case are different and you need to pick use case that will be useful not just today but tomorrow, watch the team too, make sure they are pro
There is no point holding your altcoins if you use altcoin for trading.
To be a good or successful trader, you'll need to learn good knowledge, practice your skills, acquire experiences and don't get sentimental with your coins.
To be a good or successful trader, you'll need to learn good knowledge, practice your skills, acquire experiences and don't get sentimental with your coins.
Well back in the past when I earned some alts, I think every alts were like the same line as Bitcoin but now I think of it as something that tries to be the same as Bitcoin.
In the end, I converted all those alts I earned in the past to Bitcoin and good thing that was my decision.
Isn't that the intention when we trade? We invest a fixed amount of BTC or ETH to trade to another altcoin when the altcoins' price is low. When it gets pump, we trade it back to BTC and ETH to earn the profit between the differential! That's the goal when we trading, right? Furthermore, altcoins can never replace BTC in any sense. In the end, I converted all those alts I earned in the past to Bitcoin and good thing that was my decision.
Ofcourse, we shoudn't attached to much in our altcoin bags because there are scenarios in cypto when the prices go down and if you put your trust in it in a long time you might have a big loss of profit so it would be best to stay active and learn everything you can in crypto world to realize when to trade in a good time.
Strategy can be learn from time to time if you are active studying the market, in terms of holding your alts
managing the time frame for both long and short term
is really important, you have to actively monitor the progress of the project as the team brings updates according
to the road map.
Either you work with short term trading or you are willing to take the risk of waiting the long term progress to
maximize the profits.
Our expectations should be fixed before we get our tokens. When we get this price, we should exchange top coins like Bitcoin or, in a bad situation, stable coins. Now we have the same feeling, who's passed 2017-2018 years in this forum. Unfortunately, my entry was the last 2018. Before this I didn't think that I should start work. Until the next pump I will marry my tokens.
Yes, hope does have to be improved because it is too hopeful that there will be no results, it is better to ask for a bad market, even though in 2017 it was a good past to work as much as we could, because at that time the conditions were in good condition. 
altcoins are great for flipping for more btc but dont every marry a coin. When btc goes on a run past all time highs you dont want to be bagholding ALTS. You will watch them get crushed. I personally was bagholding alts from 4k-20K and they got demolished I even had friends saying man you must be doing well with those bitcoins you have In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be
In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might beYou should always have more than 60% of your portfolio in BTC, 30% in stable altcoins or at least in the top 50 and then only bet a 10% in altcoins which could have an excellent profit compared to risk
altcoins are great for flipping for more btc but dont every marry a coin. When btc goes on a run past all time highs you dont want to be bagholding ALTS. You will watch them get crushed. I personally was bagholding alts from 4k-20K and they got demolished I even had friends saying man you must be doing well with those bitcoins you have In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be
In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might beYou should always have more than 60% of your portfolio in BTC, 30% in stable altcoins or at least in the top 50 and then only bet a 10% in altcoins which could have an excellent profit compared to risk
altcoins are great for flipping for more btc but dont every marry a coin. When btc goes on a run past all time highs you dont want to be bagholding ALTS. You will watch them get crushed. I personally was bagholding alts from 4k-20K and they got demolished I even had friends saying man you must be doing well with those bitcoins you have In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be
In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might beYou should always have more than 60% of your portfolio in BTC, 30% in stable altcoins or at least in the top 50 and then only bet a 10% in altcoins which could have an excellent profit compared to risk
I do had alt which was worth couple of thousands now its value became nothing i seen some of them delisted some of them became scam . So loosing hopes on altcoins giving solution now i am concentrating top 50 altcoins which is havign high potentiality for next bull run . Even some of the coins are making 100% hike in a day . While comparing actual value of this in past still its way lesser may be 99% of this coins value lost . SO i stopped bagging altcoins.
Marrying altcoins is something that newbies could do until they later realize that it's not always about holding altcoins, not all altcoins are worth holding, infact many are good for short term only, I trust Bitcoin and Ethereum only
Definitely not all altcoin are worth holding, there are many new altcoin which will pump on there first launching and go dump deep and became far on their initial price. And at the end you realize that you had lost your capital.
Ofcourse, we shoudn't attached to much in our altcoin bags because there are scenarios in cypto when the prices go down and if you put your trust in it in a long time you might have a big loss of profit so it would be best to stay active and learn everything you can in crypto world to realize when to trade in a good time.
A great lesson was learned by me during 2017/2018, bag holding of lots of coin that I think are great for long term such as Npxs, and others coins,I can say that I over married those coins now the only coin I can think of holding for long term is either bitcoin or ethereum, other coins are just for either mid term hold or flipping for short term within days
Very extraordinary, you belong to a very great student, but I am a little surprised why at the time of 2017/2018 you do not directly hold Bitcoin and Ethereum, even though at that time you already hold both, then at this time there are also many advantages that you will get, because those who hold tokens or coins will always monitor the price and the development of the coins and tokens that we hold.Jump to: