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, 08:03:18 AM

Quote from: jinnyjinny on February 25, 2018, 07:29:39 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.

Stolen account Airflame acocunt have been stolen look out !

More info here:
https://bitcointalksearch.org/topic/m.23913134

BinManR

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Quote from: tora on February 26, 2018, 01:57:28 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, 01:25:44 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, 10:59:50 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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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, 01:47:50 AM

Quote from: yonton on February 19, 2018, 09:50:44 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, 09:50:44 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, 09:50:44 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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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, 07:29:39 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

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Activity: 280

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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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Quote from: yonton on February 19, 2018, 09:50:44 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.

desi92

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Quote from: AlexaSonda on February 20, 2018, 12:45:09 AM

If the losses will I get, then I will not sell my assets.
I'm sure alt will rise, but not everything and the most important thing shitcoin will die.

Shitcoin is of course will die because nobody want it so no big community support shitcoin.
If you know this, dont ever invest in shitcoin. I know all with risk but choosing the right one can make our chance to win is much bigger.

Viecoin

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I still think it is great to have some alts. It is nice to see BTC go up in value but also good to get in an alt rally when BTC is doing the same. Alot of alts looked like they did 100x last year. That was because they would 10x while BTC was >10x

jagdeepjd

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Quote from: yonton on February 19, 2018, 09:50:44 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.

ahoenk

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Look like bitcoin failed to break $12000 again and now just hold your alt bitcoin will going down again. Probably it will move at range $8000 - $11000 for months or we will see $6000 again in couple of months. I hope it will not happen but so far its what chart said to me.

light22man

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everything move in circle so just be patient and HODL

Kallipso

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

And why people should sell having a negative difference, they are waiting for when everything goes into growth and alts including. Or maybe you know that bitcoin will fall below the level that was, not sure.

mountrock

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Opinion should be limited to a peace of argument. Who can predict the market?

moonblocks

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

Are you anticipating a major drop in the price of altcoins next time Bitcoin starts to rebound significantly?

crutu

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KUWA.ai

Quote from: yonton on February 19, 2018, 09:50:44 PM

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

The recent fall in market prices does not make altcoin lose its value, as time goes by with altcoin price movements will recover. even in the near future bitcoin prices continue to increase, no doubt the value of altcoin will again raise its price to follow bitcoin price movement.
then I will continue to wait for the recovery of altcoin value rather than having to sell it for loss.

MarchToke

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Yes I am still waiting, even that other altcoins has decreases its value i still did not panic because I know that it will rise again and i am so excited for that to happen. Holding altcoins and bitcoins is the best thing to do when market is down.

JanyJeand31

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It is not the time to sell, it has not been like that recently either. All was in dip, it was time to buy, like I heard one guy bought 400 M of crypto and now he/she is a billionaire Wink

redwhite037

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I tried to keep the altcoin. because after the bitcoin increase. Altcoin prices will go up. And then I would be more profitable

theoneandonlyaceman

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Can somebody give me a use case for bitcoin other than it being a store of wealth?

Altcoins FTW

Oakey22

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

Why do you think this? There still alt coins that drive up when BTC goes up. Not everything has to go down against BTC

tanghere02

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Well since bitcoin is slowly increasing back again and obviously altcoins will be dumping too, it would be best to hold on to your altcoins and if you have budget for your investment buy more altcoins to diversify your investment. Just sell your altcoins once bitcoin becomes stable around a certain price and altcoins will increase back again so you'll have no losses.

Matic

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Bitcoin is going up and taking back the lost market dominance. Now, I doubt it will go beyond 50%.. but if we get back to 800 bill market, that's 400 bill for BTC.
But selling alts now, at the lows make no sense. The right moment was a month ago, all you can do now is wait for another alt cycle.

lablab03

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Quote from: rysea2 on February 20, 2018, 07:22:02 AM

Quote from: pranazzs on February 20, 2018, 01:12:16 AM

Be patient, because Bitcoin is now up. So, a lot of Altcoin prices are down. If later bitcoin has stabilized, hopefully Altcoin will follow to rise the price.

that's really what I expect, hope altcoin will follow the price increase after this. stick with your coins and believe they will rise.

perhaps it will follow after .but i think the good idea for now while some of alts is falling on this bitcoin circumstances, is to switch to another alt and besides there are some altcoin that is tend also to rise maybe much better to sell and convert it if you worrying on this scenario.

smyslov

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

Well I haven't sold all my alts yet but I'm making a profit and I know what I'm doing as long as altcoins are profitable I'm good to go, some altcoins are profitable like ethereum, waves litecoin cardano among others so let us hold our altcoins, it's our money, ok?

unusualfacts30

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Quote from: lienfaye on February 20, 2018, 02:32:17 AM

Why should I? If alts were at loss I wont sell my coins and wait for it to bounce back. Yes bitcoin is well-established and many users are trusting and investing but I think we dont need to choose where we should invest our money rather diversify your crypto portfolio so you wont miss their price surge. But make sure the alts you're holding has a great potential and not likely to be delisted in exchanges.

correct. There shouldn't be any need for people to choose one or the other. Luckily, you can invest in both bitcoin and alts without losing your peace of mind. Alts will gain more dominance and stability this year.

grittymcgritface

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

Quote from: yonton on August 13, 2017, 01:12:22 AM

Are top altcoins in a long term downtrend vs bitcoin?

The second quote is from August last year you said the same thing and in the time alts have become even more popular...

rysea2

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Quote from: pranazzs on February 20, 2018, 01:12:16 AM

Be patient, because Bitcoin is now up. So, a lot of Altcoin prices are down. If later bitcoin has stabilized, hopefully Altcoin will follow to rise the price.

that's really what I expect, hope altcoin will follow the price increase after this. stick with your coins and believe they will rise.

DikkieD

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I'm in it for the long run. Can't be bothered with the ups and downs of BTC.

Yes, to make the most money short term it would be better to move to BTC whenever BTC goes up (fast). Or to fiat when BTC goes down. But maybe this will not stay this way. Serious projects will always have whales, but also more and more people that are in it for the long run. I sure hope a lot of the great project with lots of potential are able to shake loose from BTC.

Cripto.Iberia

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I will not sell my Litecoins

karel88l

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Hey guys,I made some stupid moves in past 2 weeks,now my portfolio is sold for USD and I am thinking about jumping into bitcoin,well I am nervous because I am losing potential profit and I lost most of my profit since january.Would you buy now or rather stay away for while ?

okinawa

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Bitcoin is going up too fast, it's normal for altcoin to drop in sat value but the price is the same in USD value. This is what happened the last time bitcoin pumped to 20 k, but after that Bitcoin dropped and all the money went to altcoins, the cycle is going to repeat this time too. I am going to keep holding my alts and when for BTC to go sideways, I think we will see a big alt pump after that.

BountySoldier

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New panic

I've been watching this for so many times.
by the way, I believe in my altcoins.

Quote

I read a lot of information, and there are many who guess that in 2018 is a boom year for digital money. Following this boom is the price of high altcoin

eagerly waiting for this

pflmagic

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Bruh you have no idea.
10/10 certain alt coins will out perform btc

Nerkata

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Thing is, that's the reason why you need to diversify! Bitcoin was falling and Ether was rising. At a time Altcoins were massively surging while Bitcoin was stable and was trading sideways. Always hold a variety of interesting projects with Ethereum and Bitcoin as your "Core Holdings".

xuan87

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I know Bitcoin is rising but some alt also show a great sign of rising, I think holding alt a bit longer will give me a good result, the Bitcoin price is not stable yet, and the chances of making profit using alt is as big as earning from Bitcoin, everyone got its own way to make profit

baricuri

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

I still hold the altcoin and wait for the price increase in the future. I read a lot of information, and there are many who guess that in 2018 is a boom year for digital money. Following this boom is the price of high altcoin. I hope this will happen, I am holding and waiting.

renagadewolf

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I seriously have more trust in a my alts then bitcoin, its price will rise -> people relies it still slow -> price drops.

Bowtiesarecool

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Quote from: lienfaye on February 20, 2018, 02:32:17 AM

Why should I? If alts were at loss I wont sell my coins and wait for it to bounce back. Yes bitcoin is well-established and many users are trusting and investing but I think we dont need to choose where we should invest our money rather diversify your crypto portfolio so you wont miss their price surge. But make sure the alts you're holding has a great potential and not likely to be delisted in exchanges.

That's the problem with most. They don't research what they're holding and end up panicking when the market sneezes

bearex

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Not really true. Sure there are some coins, that want to serve a sole purpose of a payment method, but others are platforms and various things. So i think they are kind of not connected to bitcoin as in 'we only need bitcoin'.

Ambrosius

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OP definitely not a risk taker I guess. It is our choice and depends on our trading type, why we hodl them it's not because we don't know what we are doing but we have done a deep research about the alts and we believe that the alts has big potential to hodl.

Pierre 2

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This is one of those panic situations in the market. I remember when crash was happening many people were talking about "how we guys are wrong to not sell our coins because markets won't recover".
And it did.
Altcoins will surely recover after bitcoin's price becomes guarenteed to stay above 10k dollars, I am expecting some money to flow ethereum and many erc20 tokens.

MV7

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You might be right for most coins, but not for ALL coins. It's true when btc rises in price and market cap, alts tend to drop. But for alts with big events and news coming up however, they still rise in btc value.

lienfaye

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Why should I? If alts were at loss I wont sell my coins and wait for it to bounce back. Yes bitcoin is well-established and many users are trusting and investing but I think we dont need to choose where we should invest our money rather diversify your crypto portfolio so you wont miss their price surge. But make sure the alts you're holding has a great potential and not likely to be delisted in exchanges.

JayFKay

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you only need to visit www.coinmarketcap.com - click on tools - charts & then look at the rapidly receding dominance of bitcoin as it gets overtaken by Eth & (albeit more slowly) the rest of the alt coins taking over between them to know this thread is not really true

Bodywowoya

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Quote from: yonton on February 19, 2018, 09:50:44 PM

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

Why should we overvalued bitcoin if we can buy alts at a cheap price and for a long time do not worry. Personally for me, it is preferable and reliable, perhaps it will soon see the majority.

onebtcforlife

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Yes, as an experienced trader will do his job by holding the Bitcoin for some more time because they know how potential Bitcoin is going to be. Our main thing is long-term goals, so holding Bitcoin will always give you right decision because in future you make more money on your investment.

pranazzs

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Be patient, because Bitcoin is now up. So, a lot of Altcoin prices are down. If later bitcoin has stabilized, hopefully Altcoin will follow to rise the price.

JetSet11

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I disagree. I think that alts will outperform bitcoin by a lot. Many of them are still down from their all time highs, and the next bull run will help them return to and exceed their former glory.

AlexaSonda

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If the losses will I get, then I will not sell my assets.
I'm sure alt will rise, but not everything and the most important thing shitcoin will die.

yonton

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

Topic: If you haven't sold off your Alts yet, you don't know what you're doing (Read 572 times)