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Topic: Long Term Investors Doomed - page 8. (Read 2774 times)

member
Activity: 84
Merit: 10
November 02, 2017, 07:34:22 AM
#9
It really depends on the coin. If it has a lot of supporters, you are not doomed. Sure bitcoin is the first and the best right now
newbie
Activity: 3
Merit: 0
November 02, 2017, 05:52:35 AM
#8
Every dog has it day and i am sure alts do as well! Smiley
full member
Activity: 406
Merit: 114
November 02, 2017, 05:48:50 AM
#7
It's a big mistake to look an investment's performance over the last few months, and extend it linearly forever.  Markets change.  After B2X we might see a pullback in Bitcoin and money start to flow back into Alts.  There are too many good ideas and projected floated with Alt Coins for some of them to not regain their success.
full member
Activity: 224
Merit: 104
DIW - Decentralized Security
November 02, 2017, 05:48:03 AM
#6
Alts are not doomed for sure, although it might seem that way. Bitcoin will eventually take a dip and Alts will pump again. Patience is a virtue and it will pay off in the end.
newbie
Activity: 50
Merit: 0
November 02, 2017, 05:44:08 AM
#5
It all depends on what coin they invested in. I agree 100% that if Bitcoin stabilizes or consolidates, people will start pumping back into alts again. With the hard fork coming, I think we are going to see alts take off again as a means of diversification for whales to spread their risk.
full member
Activity: 280
Merit: 108
November 02, 2017, 05:41:54 AM
#4
Its a fact that Bitcoin will most likely carry on going to the moon. It's value increasing by the minute but it doesn't mean that Altcoins are doomed.
Another fact is that Bitcoin will start a dump and Alts will pump, its a chain reaction, but it doesn't always happen. It's definitely a matter of time and matter of staying patient and not simply pulling out of Alts all together. Bitcoin will eventually dip at some point.
I am using a few Alts too and I prefer to stay with these few Alts so, If i lose, i wont lose too much.
full member
Activity: 520
Merit: 123
November 02, 2017, 05:32:37 AM
#3
It would be nice to see more fiat to altcoin exchanges, furthermore not to refer to every other cryptocurrency aside from Bitcoin as an ‘altcoin.’ Though this is ‘Bitcointalk’ after all. I think we can agree many cryptocurrencies have far superior technology to Bitcoin, Bitcoin just seems to be the universal cryptocurrency due to its birth as the first. It would be narrow minded to believe that will never change. I hope many cryptocurrencies become universally adapted for a means of exchange for goods and services, especially where the economy has failed due to poor governance. Take Venezuela for example.
sr. member
Activity: 672
Merit: 252
Until the end
November 02, 2017, 05:30:47 AM
#2
It really depends on the coin.  I've got a lot of alts and I have seen the market fluctuate pretty severely.  At some point Bitcoin will dip and alts will come back up.  Right now pretty much all alts are down, and as soon as the price of BTC stabilizes or dips people will buy alts again.  It's just a matter of time.  Having said that, I have considered reducing the number of alts in my portfolio.  I've been doing this so long that when I see the market like this it doesn't panic me any more, it just stings a little bit.  
member
Activity: 60
Merit: 10
November 02, 2017, 05:15:42 AM
#1
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?
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