Bitcoin seems to be skyrocketing however, alts are slowly coming up too. Long term investors of alts may see future ROIs..but that depends solely on development of these products. Let's wait and see.
Bitcoin is going up in price, there is no stopping it when more people find that they can make money just by investing in it. There will be blood.
Topic: Long Term Investors Doomed (Read 2771 times)
First of all, your generalization not only does not apply, it has not even been proven. Long-term in investment means years. Not months or weeks. And with most alts not even three years old, and the majority of big ICO tokens only a year old or so, your statement can only be examined in 2019 and beyond.
Secondly, you are looking at Bitcoin price. If you stick to the fiat value of alts, in general they are rising. I am talking about non-ICO alts like Litecoin for example, and if you ignore the origins of Ethereum, that too. You are "doomed" if you are a long term BTC/alt pair trader, I agree. But not if you are an investor.
Secondly, you are looking at Bitcoin price. If you stick to the fiat value of alts, in general they are rising. I am talking about non-ICO alts like Litecoin for example, and if you ignore the origins of Ethereum, that too. You are "doomed" if you are a long term BTC/alt pair trader, I agree. But not if you are an investor.
This thread only reinforces the fact that we cannot predict what's going to happen in the crypto market as long as bitcoin is concerned. The alts have turned green once again and bitcoin has flunked back to 6.8k$
In my opinion both the bitcoin and the good alts will rise, the market should give a good consolidated in the next weekly. Long term is a good option for good coins.
Everything goes in cycles. Nothing goes up forever and nothing goes down forever. It will all even out eventually.
Hello. Cant decide if i should cash out some alts and take profit or if I should leave it in and wait for the big bucks. Before i always sold some when they did 2-3 times but now i think i have some good projects. When would you guys cash out?
Cheers
Cheers
Altcoins are pumping back. Such drop phase are way too common when it comes to long term investment. Long term investors instead of looking the dumping phase as doom took it as an opportunity to buy some potential coins at such a cheap price. Most of the investors whom I know and me myself tried to average out the price by buying some more at drop. If you start looking at your portfolio everyday or you were tensed past month, then you aren't a long term hodler.
In the near future, you should buy alt now and wait for bitcoin decrease. that's when altcoin will pum. Pick altcoin at the bottom deepest
According to me what you are saying is correct.But none of us know if there would be a significant drop in BTC.Most of the long term investers who have invested in altcoins are probably looking for that one chance when the btc price goes down(which happened when china banned all trades) or something similar so that they can cash out all their investments.
thats why you need to have a risk management in your portfolio.I did 60%BTC 40% on alts to be safe.
There's this ICO that was recently launched and they are the 1st to introduced a phased development of their project. Meaning there's a phase 1, phase 2 and phase 3. With this kind of strategy, investors are assured that the development of this project is continuous and will not end after a few months when its listed in an exchange. This gives long term investors good value for their investment.
Well i personally dont think the people who invested in altcoins for long term are doomed. It is true that the value of bitcoins is getting higher and higher every second. But it might happen that bitcoin's value falls and the other altcoin's values rise in future.Long term investors may not be doomed as after a long time they may get profit because of their investment in altcoind.
Well, with the current situation of bitcoin continually rising, the Segwit fork on hold, and the latest news of the $300 million lost ETH, we will be enduring a rough patch before it gets better. This is particularly true to the bag holders of Eth as they will take a hit when the prices dip after all of these stuff happens.
Bitcoin value is going high every minute, and its gonna keep going up too. So all the people who invested their bitcoin in alts for long term are doomed now.
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?
you are too pessimistic. no one knows the future, maybe for altcoin when it goes down drastically. but maybe in a few months the price can go up again, I always believe some altcoin will go up in the next few months.
I think these are just market trends. Also Bitcoin will have its down moments. What if Satoshi Nakamoto would suddenly decide to sell some of the over 1 million bitcoins which he owns and never used yet? In this case it would be Bitcoin to be suddenly doomed...
It's the other way around - it's one of those stable alts that will become slowly stronger and will be used more, *because* of its stability. Those bitcoins will trickle down to the alts pretty soon, but in the really long run, it's those stable alts that'll survive.
No I will be not so pessimistic about investing into altcoins. Why do you think that long-term investors are doomed? Ethereum is constantly demonstrating its stability, DASH, which value is close to ETH value has future, Monero XMR investors will certainly earn investing into this crypto.
And now all altcoin is rising up!
And now all altcoin is rising up!
Long term: BTC
You should keep BTC
ETH maybe is 2nd choice
But you should keep BTC
when btc up, altcoin down
when btc down, altcoin down too
You should keep BTC
ETH maybe is 2nd choice
But you should keep BTC
when btc up, altcoin down
when btc down, altcoin down too
Bitcoin seems to be skyrocketing however, alts are slowly coming up too. Long term investors of alts may see future ROIs..but that depends solely on development of these products. Let's wait and see.
Yeah that's what the actual seen inside crypto industry even downfall showed with alts investment as bitcoin continues to rallied upward chances of bouncing back would difinitely possible especially with those wood quality projects. Just better to think positive and continue learning. 
If you invested in some little-known token, then, of course, there can be a problem with it. However, if this is a well-known altcoyin, then there is nothing to worry about. After a while, it must rise in price and in the long run it will necessarily bring profit. However, waiting sometimes takes a long time.
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