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Topic: Long Term Investors Doomed - page 6. (Read 2774 times)

member
Activity: 157
Merit: 10
November 03, 2017, 04:01:44 AM
#49
Are there any evidence that btc price will continue to rise??
full member
Activity: 266
Merit: 100
November 03, 2017, 03:32:15 AM
#48
I don't agree with you. The growth of bitcoin will not last forever. And after the fall of altcoins will grow. You just need to wait a bit.
sr. member
Activity: 270
Merit: 250
November 03, 2017, 03:22:41 AM
#47
I think I will sell 50% altcoins to transfer to invest in Bitcoin. Which 50% altcoins, these are altcoins I believe they will rise up in long-term
sr. member
Activity: 2352
Merit: 245
November 02, 2017, 11:04:22 PM
#46
The assertion that the Altkoins are promised in the long run due to the fact that bitcoin rises constantly in standing, while the altcoyins stand still, is not entirely true. As a rule, each altcoyin was created for some narrow purpose and is applied in a narrow area of ​​our life. Their value depends on the need for a coin and its support by the community. They perform their function independently of the bitcoin course, although they are connected with it. Bitcoin is the first and universal crypto currency, and altcoyins have their own specifics of activity and existence and in the long term it will be the altcoins that develop, because they also have a future.
hero member
Activity: 3010
Merit: 629
November 02, 2017, 10:44:56 PM
#45
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?

Bitcoin price is continue increasing and its true that if you are one of those who invest you probably earn by this time. However i dont think those who invest in altcoins are unfortunate for choosing altcoins instead of btc. It depends on what coin you invest in, and for long term investors you cant see quickly the progress thats why you have to be patient.
full member
Activity: 266
Merit: 101
Cryptomooniac - to the moon and beyond...
November 02, 2017, 10:34:36 PM
#44
I don't agree with you. Crypto is one of the most volatile markets in the world, so if you are a long term investor (I am) you should know that and live with it. Plus you should never invest in one asset class - cryptos should be part of a well balanced portfolio.

Yes, altcoins have been bleeding at the moment, but there are a lot of good ones that will recover very quickly after the forks. It depends on the quality - and on the project. It is true that some of them won't, but it is very dangerous to make generalizations in this market.
hero member
Activity: 532
Merit: 500
Worldcore - Banking for the Future
November 02, 2017, 09:41:10 PM
#43

I think the reality of this is that too many investors are buying into alt-coins that are overvalued. Really how was dogecoin ever worth 100 million? I have also lost value in my alts due to this coming fork, but the reality is I got a bit greedy and paid inflated altcoin rates. There are some good altcoins don't get me wrong, but looking at coinmarketcap it's crazy how overvalued some of these companies are.

Long-term investors can still make money if they are strategic, patient, and smart.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
November 02, 2017, 09:30:55 PM
#42
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?
This is the truth that the people who invested in the altcoins for long term are facing currently lots of loss ( in term of bitcoin ) .
Here I can say that they have not much sadness about this thing because I know very well that price of the altcoins get down but still thier value in the btc is over-all not at all loss ( may be 5-10% loss  in the investment ) .
Here perosnally I am facing 10% about loss in the Digibyte coin investment Because the price of the Digibyte coin is get down to 50% and overall in value of $ I have lost about 10% only which is not a big thing currently for me . The big loss that I am facing is in the pivx coin of about 30% .
member
Activity: 238
Merit: 10
November 02, 2017, 09:01:26 PM
#41
It pays to be patient. I'm holding some heavy alt bags but they'll come good eventually.

Do you mind to list your alt bags portfolio? I am very interested in altcoin investment. Bitcoin is rocketing too high, I don't wanna add more money on it. I think the marketshare of bitcoin will decline slowly until stabilized at like 30~40% percent in the long term. So there is a huge room for altcoins and patience and a good portfolio is the key.
member
Activity: 200
Merit: 13
November 02, 2017, 07:30:55 PM
#40
bitcoin is really rising rapidly, so more people are investing their money into it to earn more profit, however it is unstable, not good for longterm investment, so i think, we should be patient and hold our Altcoins, after this B2X, the price will back to normal and they will invest in altcoins again.
full member
Activity: 770
Merit: 101
fLibero.financial
November 02, 2017, 07:23:41 PM
#39
The price increase look like a threat to value and possible rise in altcoin, but it is just for this period only. When altcoin start to rise too you will be amazed at how pretty fast it can rise.
hero member
Activity: 1274
Merit: 516
November 02, 2017, 07:20:25 PM
#38
If you see today's chart then you can see some of the alt coins also got green, in this time, most of the people will regret not to invest in bitcoin but sometimes it's more profitable to invest in alt coin, they have their own speculation and the alt coins investors is not doomed they just need to be more patience
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
November 02, 2017, 06:42:46 PM
#37
the OP is new and not seen this cycle before

Long term investors in ico and dog shit alts are of course doomed anyway. Their coins will be diluted by other craps.
Most of these teams rely on other real devs products to even be able to release their droppings.

The outstanding alts with proven super devs are going to be the ones that make it and make it big.
sr. member
Activity: 1470
Merit: 325
November 02, 2017, 06:38:59 PM
#36
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?

believe me bitcoin will not be brought down by the government officials but by the people, this tulpomania that burdens the infrastrucutre will deal with its nature sooner or later,

their might be uprisings one day in countries that are hungry and that dont have the electricity to power their agriculture. because of bitcoin waste.

bitcoin will get serious competition, ok not from the current burden and wasters the "owning" elite but from below in the wealth scale.
full member
Activity: 406
Merit: 110
November 02, 2017, 06:34:20 PM
#35
To echo and support what everyone else has been saying, NO, you are not yet doomed. Yes, all altcoin portfolios are currently suffering a tremendous loss, but most likely your investment did not decrease in fiat value. While your potential loss in bitcoin value is great, if you look at the conversion, you will still have almost the same amount of fiat. Too bad you weren't able to ride the bitcoin wave but you're not doomed because you can always still sell now and buy bitcoin.

Good luck to altcoin hodlers.
sr. member
Activity: 546
Merit: 261
November 02, 2017, 12:12:27 PM
#34
Just because bitcoin going high doesn't mean alt holders are doomed
For short time trader maybe yes,but for long term,they will making profit by holding for years assuming the portofolio is good
rpg
hero member
Activity: 728
Merit: 500
November 02, 2017, 12:01:12 PM
#33
Although it is true, it is not necessary that Alts will be the same forever. Who knows, it might just rise after the fork.
Altcoins have been going down since a very long time now and this might be the bottom from where Altcoins would see a rise.
I have got some news that Alts will be recovering after the Segiwt2x fork since people have been waiting for the fork to finish so that they can reinvest in Alts. I had sold my alts recently so that I don't suffer from more loss. Will buy them when I see a decent rise in them.

After this fork will be another one and one more and more. It's hard time for alts. And a lot of us HOLD big bags of alts and lost a lot. I'll hold my bag for half a year or more, have 50% at BTC and other parts in alts. Now it look like 70 in BTC, but I don't sell anything. Forks eat all alts
copper member
Activity: 490
Merit: 105
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November 02, 2017, 11:37:28 AM
#32
Although it is true, it is not necessary that Alts will be the same forever. Who knows, it might just rise after the fork.
Altcoins have been going down since a very long time now and this might be the bottom from where Altcoins would see a rise.
I have got some news that Alts will be recovering after the Segiwt2x fork since people have been waiting for the fork to finish so that they can reinvest in Alts. I had sold my alts recently so that I don't suffer from more loss. Will buy them when I see a decent rise in them.
full member
Activity: 443
Merit: 100
November 02, 2017, 11:34:56 AM
#31
I still do not try to invest in the bitcoin, but I invest on the newly released coins / tokens. because it seems to me easier in my work.
newbie
Activity: 32
Merit: 0
November 02, 2017, 11:16:48 AM
#30
The projects that had no purpose and no real value may not recover from this, but I assume the majority of alts will over a period of time, especially those that are well-placed to disrupt things.
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