If you haven't sold off your Alts yet, you don't know what you're doing

airflame2

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Quote from: AirFlame on February 25, 2018, 07:03:18 AM

Quote from: jinnyjinny on February 25, 2018, 06:29:39 AM

I am familiar with these experiences. Earlier i made the same mistake. yes, im sure this is mistake, try to sell by falling market.
Whoever is doing this doesnt understand crowd psychology and the cyclical nature of the market. Guys, just relax and try to focus on something else until the market will change direction.

Completely agree with you. Creating mass histeria will only cause unexpected market volatility. BTC is high now and it will not see a major drop sooner than a few months. Just hold on to your coins for now.

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BinManR

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Quote from: tora on February 26, 2018, 12:57:28 PM

There are many good and well established alts in the market at the moment that can hold their own against fiat or bitcoin. The biggest risk,or biggest potential perhaps, are new or less well-known coins.

I combine the two, safe with ETH and some new altcoin easy to invest at low prices. It can bring unexpected results. However, we can only judge at one point.

tora

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There are many good and well established alts in the market at the moment that can hold their own against fiat or bitcoin. The biggest risk,or biggest potential perhaps, are new or less well-known coins.

Blackyed

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Quote from: ItsEzMkay on February 26, 2018, 12:25:44 PM

The notion that if you didn't day trade or connect with every profitable spot that was available is horrendous. Who cares if people executed what you thought was correct? I don't think everybody here is a day trader and for those who make moves less often these day to day or week to week fluctuations don't matter to us. In the long run we want to make money or BTC, that is the plan and as long as that happens and happens at a decent rate nobody is going to care about day trades.

Daily trading might be good for those who don't have much money to invest right away

ItsEzMkay

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The notion that if you didn't day trade or connect with every profitable spot that was available is horrendous. Who cares if people executed what you thought was correct? I don't think everybody here is a day trader and for those who make moves less often these day to day or week to week fluctuations don't matter to us. In the long run we want to make money or BTC, that is the plan and as long as that happens and happens at a decent rate nobody is going to care about day trades.

rezurect

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Quote from: leea-1334 on February 26, 2018, 09:59:50 AM

Well I never sold a single Bitcoin that I intended to keep, and I always sell of my alts to recover the Bitcoin invested (used to buy the alts) so I guess I am a partial idiot. Bitcoin is my asset, my wealth and what I love most because:
> I can use it any time
> i can sell it any time

Alts I always worry will lose their value, though am confident the ones I truly hold will have many years left in them - Monero, Litecoin, Waves, stratis.

And yes, I was an idiot with alts like Elastic. Hold forever and it keeps going down.

The ones you mentioned aren't just any alts, I wouldn't worry holding those. The people that should worry are the ones invested in the lesser coins.

Bessta

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I don't give a damn with what you think. If you sold your alts, well happy for you but please respect other's decision of holding longer. We all have our own gameplans and strategies on how to earn more here and if you are impatient fine with me. I am a long term investor and i maintain that prices of my alts would gonna be up to the moon soon and i'm keeping my fingers crossed while waiting forbthe rebound.

leea-1334

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Temporary forum vacation

Well I never sold a single Bitcoin that I intended to keep, and I always sell of my alts to recover the Bitcoin invested (used to buy the alts) so I guess I am a partial idiot. Bitcoin is my asset, my wealth and what I love most because:
> I can use it any time
> i can sell it any time

Alts I always worry will lose their value, though am confident the ones I truly hold will have many years left in them - Monero, Litecoin, Waves, stratis.

And yes, I was an idiot with alts like Elastic. Hold forever and it keeps going down.

FredStringbet

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I think the percentage of the total marketcap of Bitcoin will slowely go down into the future. Alts do have the future!

alyssa85

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Quote from: jagdeepjd on February 25, 2018, 12:47:50 AM

Quote from: yonton on February 19, 2018, 08:50:44 PM

If you haven't sold in to bitcoin yet, just wait for the next rebound.

I am holding my alts as I am more of a long-term investor. I have picked up coins from a very low point like ICX VEN SUB AION so for me to be at a loss it will require the market to crash badly.

Yes, I could have doubled up my position by selling them high's and picking up again at a low point. But if you believe in the coin then holding it for long-term helps for maximising gains.

Careful. These last six months have been unusual in that all the alts went up substantially. However, if we're in a bear market, they all have further to fall, and alts tend to plunge much more than bitcoin in percentage terms.

mikaeltomcruz12

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BTC i worthy to hold and to invest than Atls. Btc much higher value increase than eth and most of altcoins not recover on there price thats why i believe if we get are target price in Eth we need to trade are alts.

puremage111

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Quote from: yonton on February 19, 2018, 08:50:44 PM

If you haven't sold in to bitcoin yet, just wait for the next rebound.

I am still HODLing because i missed out the opportunity
I am afraid when it rebound, it goes higher then follow by alts, then i will lost tons of opportunity
Damn, gotta make real good trades and analysis

rey.fudz15

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Not selling alts means we don't know what we are doing? what kind of thinking is that lol Cheesy

there are so many alts that beaten bitcoin not in terms of price but the percentage increase, clearly bitcoin has a large trading volume compared to most coins but the potential of big profits will always be in alts and remember that.

johnsaributua

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Quote from: yonton on February 19, 2018, 08:50:44 PM

If you haven't sold in to bitcoin yet, just wait for the next rebound.

I think indeed the bitcoin price increase affects altcoin prices, but I think the most influential is from the internal side of the altcoin, the active development team work will have a very positive impact on an altcoin.

adroitful_one

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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

I disagree. I think if your'e not buying coins at this price you don't know what you're doing.. If you walked into the store and an item you were looking to buy was 75% off, would you not buy it? You would.. You would say "Wow! that's a really good deal". It should be the same with altcoins right now.

Serg22

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I choose the same strategy as many participants in this topic, if I did not have time to sell coins at a good price, then I leave them until better times.

Yakult

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You better start believing and be patience. Holding alt coins is far much better idea than selling it just to minimize your losses. You won't gain anything by selling it why not leave it there? We all know how crypto works. Once in a while crypto shines on a certain time and everyone is waiting for that time.

AirFlame

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Quote from: jinnyjinny on February 25, 2018, 06:29:39 AM

I am familiar with these experiences. Earlier i made the same mistake. yes, im sure this is mistake, try to sell by falling market.
Whoever is doing this doesnt understand crowd psychology and the cyclical nature of the market. Guys, just relax and try to focus on something else until the market will change direction.

Completely agree with you. Creating mass histeria will only cause unexpected market volatility. BTC is high now and it will not see a major drop sooner than a few months. Just hold on to your coins for now.

jinnyjinny

member

Activity: 280

Merit: 16

I am familiar with these experiences. Earlier i made the same mistake. yes, im sure this is mistake, try to sell by falling market.
Whoever is doing this doesnt understand crowd psychology and the cyclical nature of the market. Guys, just relax and try to focus on something else until the market will change direction.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: yonton on February 19, 2018, 08:50:44 PM

If you haven't sold in to bitcoin yet, just wait for the next rebound.

There is no rush in selling off all my alt coins,there are some decent projects which i invested,i am not telling all the alt coins are perfect but some are good projects and i really do think that it will give me better profit than investing in bitcoin at the moment,my ultimate aim is to hold bitcoin and i do hold some,but that does not mean that you cannot take opportunity in making some good profit with these new projects.

Topic: If you haven't sold off your Alts yet, you don't know what you're doing (Read 576 times)