Topic: How do you loss you Bitcoin while investing altcoin? (Read 235 times)
there are many way you can lose bitcoin when you are trading. generally when you sell altcoin at the price lower than price you bought it then you will certainly lose part of your net amount. also when some of your altcoin you bought sudenly become less traded most time generally refers to shitcoin then you may lose your investment. also when you want to buy any coin try and do well your own research. so not invest in any altcoin which you know is subject around idea which will generally be not accepted after some time. invest in altcoin that provide update frequently and have good roadmap.
How do you loss you Bitcoin while investing altcoin?
I want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
I want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
buying potential altcoin if you feel bitcoin continue to bearish. If you dont moves any plan your bitcoin is still bitcoin you can wait until the price is pumping. But bitcoin is a more potential than the others of crypto.
My suggestion is, try to make the best use of your profits to invest in altcoin, we all know that altcoin coins have a greater volatility relative to bitcoin, and if selling bitcoin to exchange altcoin is unwise.
You will lose Bitcoin if the price of the BTC goes down on a seasonal basis. You have to agree with the idea that this is necessary to find low-priced altcoin. As altcoin grows faster than bitcoin, you make a profit.
you should learn about technical analysis, using tools on tradingview, learn to recognize the trend of money flow to where and follow it. This is not easy, if not good, then the holder trader
maybe you are not in a good condition to buy Altcoins, like there is FUD, Bad News or even coin is delisted from the exchange so that makes the coin its price fall.
You may also be greedy in the trade, as you've gained 5% but wait until it rises 10% again but then the coin in fact it goes down and you experience an estimated decrease of up to 15% (-)
You may also be greedy in the trade, as you've gained 5% but wait until it rises 10% again but then the coin in fact it goes down and you experience an estimated decrease of up to 15% (-)
Put some bitcoins in the best. Invest in other options for Bitcoin options. Do not invest all your bitcoins on Altcoin. Select the best Altcoins. Some altcoins do well like some altcoin again. You can hold if you want. Especially if you are an expert you can make trading as well.
Bitcoin can never be lost except if one sends it to the wrong address,or one losses his or her password.. But you can always recover been it you invested and price went low,it will bounce back..
To make sure you wont loose your bitcoin, always check the potential of the coins that your going to buy . Dont buy on high peaks , buy when its low . If you want to buy during ico, be really wise, check its legitimacy,potential and the developers, also the supply of the coins is also important. But if I were you it would be better if youll just buy bitcoin or trade it rather than buying some altcoins . Just understand and learn the best strategies when to buy and when to sell.
Bitcoin can never be lost except if one sends it to the wrong address,or one losses his or her password.. But you can always recover been it you invested and price went low,it will bounce back..
I have one investment like that. I invested 3 BTC in ICO and now it's worth 1 BTC. I don't wanna to sell it with this price so I'll just wait as long as I can.
Investing bitcoin into various altcoins is a very difficult task, which should be based on a certain strategy. One should agree with the opinion that for this it is necessary to find altcoin that is undervalued. When the altcoin rise faster than bitcoin, you make a profit. But you have to be very careful not to invest all your bitcoins in the altcoins.
The thing with Alt coins is the Market Cap. The smaller the Market Cap, the easier it is for speculators to manipulate it. Some of the Crypto Whales will quickly pump a Alt coin to trigger a buying frenzy and then once the price is high, they will dump it. You will not be able to determine which coin these whales are going to chose, so it is all based on luck and timing.
This is one of the reason that Alt coin buying lose money.
This is one of the reason that Alt coin buying lose money.
How do you loss you Bitcoin while investing altcoin?
I want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
I want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
So far i did not lose any investments in bitcoin. Money is very valuable to me so i take care of my investments. I do research and take a lot of precautions. I hope you would also do so.
To gain a profit in bitcoin, you have to research and find altcoin that is undervalued. When the altcoin rise faster than bitcoin, you make a profit. Don’t rush into investing, always research and think about the business model.
You are not alone. I also lost a lot of bitcoins by investing in altcoyin. I can only say that we need to act deliberately. Read the literature on trading on the exchange
Try ICOs, look deeply into which have hype around them, have a BTC core position you can monitor coinmarketcap more specifically BTC's dominance and try and match or be a bit higher, the rest spread out to ETH and NEO 70/30 now start looking for those ICOs that will have quick tranferability and sure listings in the near future, take some profits if you believe in a core position leave some of those tokens there, keep building your BTC postion and repeat... Also we might be close to another BTC rally so make sure to plan accordingly.
Let's check the news from those altcoins that u wanna invest on. It takes more time but it solves major question of desicion to join that shitcoin or not.
How do you loss you Bitcoin while investing altcoin?
I want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
There are two ways you might get involved yourself in to such issuesI want to get more bitcoin, so i use some of my bitcoin buy altcoin. but i always make wrong decison.
I hope you guys can give me some pieces of advise.
1. Investing your bitcoins into scam ICO and the developers runway with your bitcoins e.g. Confido
2. Buying altcoin at higher price and later the price drops next to nothing e.g. STOX (Some guys bought it at $2.5 and currently selling at $0.5)
My major loss was $6K as I had my investment if XRP when it was around $0.17 but since for medical emergency, I had to sell my holdings and today the same investment could have been valued at $6K+. However, I am still proud of my decision because I didn't have any liquid funds at that time and the medical emergency was a top priority and hence, my investment helped me to pay for the medical bills. This is less about investing in Altcoin and more about withdrawing much before the rally.
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