Long Term Investors Doomed - page 4.

MV7

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Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

There's no need to panic so much. Even if BTC has like 60% of the market cap, I'm pretty sure it'll drop to around or less than 50% after all the fork shenanigans are finished. BTC dominance was almost always near 50% before BTG and segwit2x. The money will trickle down to alts soon Wink

yslyv

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Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

Yeah i am one of those as well. But it is too late to exchange the altcoins to bitcoin. So i am going to hold them and wait for a bullish altcoin thread. If i sell them now i am sure i will loose more money.

tuiputui

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Bitcoin transactions cost around 5$ and increasing taking around 1 hour to confirm.

Keep the network at this state has a power consumption close to entire countries like Nigeria or Bahrain
https://digiconomist.net/bitcoin-energy-consumption

Bitcoin is getting more and more unsuable, and whatever it does it´s done way better, faster, cheaper by alts that cost a couple of dollars. Do you really imagine people buying something in Amazon or Alibaba for 30$ and paying 5$/10$ in fees + waiting hours for the order to confirm?? what´s the point of this system over traditional methods that already doing this better?. I don´t see that, Amazon said they probably make their own coin instead for a reason.

If you want value you need adoption, if you want adoption you need utility...

Bitcoin value is the fact that people buy expecting ROI not expeting it will increase because it will have use.. that´s a bubble.

Pay4youractivity

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Quote from: hgmarral on November 04, 2017, 11:03:11 PM

Quote from: The Cryptologist on November 04, 2017, 08:36:13 PM

Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

No, they are going to recover. Maybe not all of them but you just need to know that when btc is rising fast, this what happens and another reason is these forks are making it worst so let's just wait for those to end.

People forget what has happened in the past pretty quickly. If past history is to repeat, the altcoins should see a good recovery after the forks are done, this is what all the experienced traders are doing as they have seen this before

The most pointless and dangerous thing in trading is trading in history.

SGToken

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Yes, nothing beats Bitcoin so far in the long term. The only possible alternative may be Bitcoin Cash. Fingers crossed.

serian

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I see two factor one is upcoming HF and second that price for BTC rising very quickly so BTC buyers aiming next target 10k. Imo, we can hit 10k pretty soon before HF.

hgmarral

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Quote from: The Cryptologist on November 04, 2017, 08:36:13 PM

Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

No, they are going to recover. Maybe not all of them but you just need to know that when btc is rising fast, this what happens and another reason is these forks are making it worst so let's just wait for those to end.

People forget what has happened in the past pretty quickly. If past history is to repeat, the altcoins should see a good recovery after the forks are done, this is what all the experienced traders are doing as they have seen this before

Jombitt

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Quote from: Zeeks on November 04, 2017, 02:56:36 PM

Alts are part of the crypto eco system and will always be, if you think bitcoin is the future, then for sure there is a place for alts as well.
You don't see just 1 stock trading on the stock market either.

yes! alts already established their part in crypto world and there will always be a place, altcoins will recover anytime soon.

Quote from: Wingo on November 04, 2017, 03:57:27 PM

I don't think they are doomed. The pump is just because of those bitcoin forks. When the price reached a better stability, other alts will go up again. It really depends on the coin that they invested in.

After bitcoin fork will be the best time for altcoins to recover. A coin with experienced team behind it will never fall. Coins like monero and ripple is one of those so i still not give up

The Cryptologist

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Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

No, they are going to recover. Maybe not all of them but you just need to know that when btc is rising fast, this what happens and another reason is these forks are making it worst so let's just wait for those to end.

bobq

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I am one of those people who moved to alts... Well, in hindsight it wasn't a smart move, but if we hold long enough the market will have some other cycles which will be more profitable for altcoins vs bitcoin.

KikloV

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Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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 think, that looking at one moment in time and basing decisions like that is the permanent forever status will lose you more money than gain.
Fact is investments are fluid and constantly changing, the smart play today will not always be the smart play tomorrow.
Long Term investments take into account aspects that are unaffected by hype
such as
ZEIT
Only coin to Solve the Following
PoS Inflation Problems = √ Solved moved to Ultra Low Inflation
PoW Energy Waste = √ Energy Efficient
PoW ASICS required = √ No Asics required
Massive Operating costs = √ Minuscule Operating Costs

Compared with BTC
BTC.............................................
Low Transaction Capacity
Energy Wasting ASICS
Increasing Transaction Fees
Rich can jump ahead by higher fees
Verses
ZEIT
20X BTC Onchain Transaction Capacity
Energy Efficient
Low Fixed Transaction Fee
Transactions included in the order they were created

Long Term the Fundamentals always defeat the Hype that dominates Short Term Investing.

Cool

clickerz

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Quote from: wordspavovv on November 04, 2017, 01:58:47 PM

This is not true, some times long term investors are those who make more money.
Think investing in BTC when it was nothing...
Today you can invest to a really good ICO with long terms goals

Long term investors really make a good profit, but as what tings now are happening, alts is being push back due to bitcoin's persistent rise for several days now. I lost already more than 50% of my portfolio in some alts but still I am hopeful it will recover soon after correction.

xaviervilla

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Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

Lol. No matter how you look at it, profit is profit man. And surely, when i say a lot of people have gained a whole lot of bigger profits investing in ICOs than with bitcoins, a lot will surely agree. Anyone having profits and maintaining big profits would never ever regret investimg. Hope that clears things up for ya, lol.

Wingo

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I don't think they are doomed. The pump is just because of those bitcoin forks. When the price reached a better stability, other alts will go up again. It really depends on the coin that they invested in.

Obi2024

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if you are looking at what your would have made if you did not buy alt, it makes you feel bad, but if you look at the USD value of your funds at the time you bought the bitcoin you used in buying alts, there is no much change. It is not as bad as you think because alts will still come back up and people who are holding good alts will still profit.

BeManga

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CryptoDirectories.com

Quote from: se150401317 on November 02, 2017, 05:15:42 AM

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?

im one of those who invest in some altcoin before the price rise
i think i lost around 25% - 40% if i will think my investment is in bitcoin
but if i will sell my altcoin and exchange bitcoin and then $
the price is still not really have much different in the price of my investment in dollar

Hyperme.sh

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We may have one more move down for the alts, if BTC makes a quick lurch towards $10k. After that, I expect an exhale into alts later this month. First the major alts, then later the lesser alts.

That is presuming the entire crypto market does not collapse due to some black swan event.

Definitely do not want to trapped holding bags of illiquid, lesser alts when the next crypto winter comes (when ever that may or may not be).

anasso

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all people who entered the crypto market after august are showing their investment melting!

for me my investment is the same after 4 months but i expect that i will loss something like 50% in the near future!

Zeeks

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Alts are part of the crypto eco system and will always be, if you think bitcoin is the future, then for sure there is a place for alts as well.
You don't see just 1 stock trading on the stock market either.

Hyperme.sh

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What you talking about? I bought LTC in the low $40s after selling $80s (after buying at $6). And sold BCH at $800s and repurchased from $450 down to $350. LTC is $55 and preparing to go to $100 - $150 (maybe a dip into $40s first or maybe now). BCH is $600+ and climbing. Nov 15 should send both up given the likely failure of 2x. Bitcoin will probably exhale into alts after topping at $8000 - $10,000 over next 2weeks. Note other scenarios are plausible though.

I am up. Why are y’all down? Maybe because you do not read my posts.

This thread is very bullish for alts. When y’all start capitulating the bottom is near.

Quote from: BillyBobZorton on November 04, 2017, 01:47:50 PM

All of my friends have finally dumped all of their alts

I have been telling my (online, because I don't know anyone in real life that even knows what bitcoin is) friends to get rid of their altcoins, because sooner or later there would be a massive bull run to bitcoin that would last months. They never believed in what I had to say. "Bitcoin maximalist" they would accuse me off.

Recently, they finally dumped their alts, which they were holding in hopes of a pump to make more bitcoin with, and simply held BTC. They have dodged the massive alt crash that has brought up BTC back above %50 of the crypto marketcap dominance.

Im not saying all altcoins are shit, but most are. It seems finally reality is kicking in amongst noobs that thought they could get easily rich with altcoins, and they are finally going back to BTC.

Ah the bottom is near. Massive rise in alts ahead as BTC tops out at $8 - $10k and the exhale into alts begin, repeating August again after the 2X fork fails and Bitcoin gold dividend is collected.

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