sold my alts, all in BTC - page 12. | Bitcointalksearch.org

liquidiser

member

Activity: 77

Merit: 10

Quote from: xDan on September 13, 2014, 06:36:34 AM

Quote from: mikerbiker6 on September 12, 2014, 05:06:50 PM

I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. Grin

Define crash... Some might feel that is what has happened.

Some would call it a crash when it dropped from $665 to $465. Mikerbiker6 probably means a drop from $465 to $265 or less when he says a crash.

xDan

hero member

Activity: 688

Merit: 500

ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: mikerbiker6 on September 12, 2014, 05:06:50 PM

I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. Grin

Define crash... Some might feel that is what has happened.

Gimmelfarb

hero member

Activity: 658

Merit: 500

not sure how anyone could justify holding alts in September 2014...... seriously? i would have dumped that garbage many months ago. wait for BTC to get bullish before chasing pump and dump coins.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: mikerbiker6 on September 12, 2014, 05:06:50 PM

I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. Grin

If Bitcoin crashes, it crashes in regards to FIAT. Basically all altcoins are very tightly coupled to Bitcoin in regards of FIAT-value. Therefore the altcoins denominated in BTC need to go up. Bitcoin crashing won't do you any good!

mikerbiker6

sr. member

Activity: 392

Merit: 250

I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. Grin

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: xDan on September 11, 2014, 05:47:54 AM

Keeping track of all different alt coin wallets was annoying Angry

And I don't trust exchanges.

I'm ready for liftoff.

Are you?

(of course I had never more than ~5% in alts)

That was a wise move of you! Good thing you were only invested 5% in altcoins, some people lost half their net worth or more because they though some canine coin could do the trick!

lemfuture

hero member

Activity: 686

Merit: 500

Quote from: gigEls on September 12, 2014, 04:37:47 PM

I would have been better just sticking to btc..

costly lesson for me aswell

gog1

hero member

Activity: 756

Merit: 500

Quote from: gigEls on September 12, 2014, 04:37:47 PM

I would have been better just sticking to btc..

definitely agree!

gigEls

member

Activity: 66

Merit: 10

I would have been better just sticking to btc..

gog1

hero member

Activity: 756

Merit: 500

altcoin is kind of a leveraged way of playing bitcoin

bigasic

hero member

Activity: 924

Merit: 1000

I sold all of my alt coins to bitcoin right after the big boom..(thats what I call it)... I question if it was the right move, it sure was better than cashing out, that is for sure.. I think some alt coins will have their place while bitcoin is leading the field by quite a bit. Good move to consolidate them to bitcoin..

torpedo

full member

Activity: 274

Merit: 101

AI Growth Hacking, Crowd Shilling, and Guerrilla M

Quote from: galbros on September 12, 2014, 01:52:37 PM

I think this is a good way to go. Most of my holdings are bitcoin. Alts can be fun but so many of them just flash and then burn out. Even if a coin may be a survivor, like doge or litecoin, that still does not mean it will be worth a lot in terms of bitcoin. By all means trade alts and play around with them, but I would not hold them for the long term unless one is developed that really solves a problem bitcoin has.

One of the best thing to do is to get most of your investment in btc and daily some alts that have good volume. That way you can increase the amount of btc you hold and if you find a good alts, you can get some.

galbros

legendary

Activity: 1022

Merit: 1000

I think this is a good way to go. Most of my holdings are bitcoin. Alts can be fun but so many of them just flash and then burn out. Even if a coin may be a survivor, like doge or litecoin, that still does not mean it will be worth a lot in terms of bitcoin. By all means trade alts and play around with them, but I would not hold them for the long term unless one is developed that really solves a problem bitcoin has.

ReBoRn

sr. member

Activity: 392

Merit: 250

Bitcoin will survive

Currently holding LTC BTC and Doges going good for me because not too much problem with these all now thinking about NXT

riiiising

newbie

Activity: 45

Merit: 0

Good decision! Bitcoin will rise up, like a phoenix from the ashes of all the scams and failed crooked exchanges and services out there!

BitcoinFX

legendary

Activity: 2646

Merit: 1722

https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

I recently took a review of my own alt. coin holdings / crypto-currency portfolio.

Here is a list of the more innovative crypto-currency projects and/or digital assets that I personal think stand the best chance of continued recognition and/or long-term adoption / usage by the masses as currency (in some form or another). There are a few others, although these are the ones that I feel matter the most, currently. This is not investment advice... and no I don't personally hold large amounts of all of these alt. coins.

BBR - Boolberry - http://boolberry.com/
BTSX - BitSharesX - http://bitshares-x.info/
CGB - CryptogenicBullion - http://cgb.holdings/
CURE - Curecoin http://curecoin.net/ (EDIT: and Gridcoin)
DRK - Darkcoin - http://www.darkcoin.io/
LTC - Litecoin - https://litecoin.org/
MINT - Mintcoin - http://mintcoin.cc/
MYR - Myriad - http://myriadplatform.org/
NMC - Namecoin - http://namecoin.info/
PPC - Peercoin - http://www.peercoin.net/
XPM - Primecoin - http://primecoin.io/
XST - Stealthcoin - https://www.stealth-coin.com/

Being from the UK - if the launch of Sterlingcoin goes well on the 20th of this month, then that could well be a digital asset to watch.

SLG - Sterlingcoin - http://sterlingcoin.org.uk/

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: wachtwoord on September 11, 2014, 03:40:11 PM

Quote from: hayabusa911 on September 11, 2014, 02:10:01 PM

Quote from: antibitcoinconsortium on September 11, 2014, 01:06:43 PM

its quite stupid to go in bitcoin right now as we prepare for another big crash
order books are moving, pressure is building to drop to 400 quickly

The only stupid thing to do right now is to not put your disposable income into BTC.

Exactly. Even if there is a crash to 400 (which is hardly a certainty) then this will be negligible compared with the exponential rise afterwards.

I gotta say, I'm not entirely sure where we're going now. We may go up dramatically, at least back to $1000 or $1500... But if people decide that Bitcoin just isn't their thing, we will go further down, and maybe even to painful levels! In that case it may be the best thing to hedge and wait until we get back to $700 and are in a definite bull-market

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: hayabusa911 on September 11, 2014, 02:10:01 PM

Quote from: antibitcoinconsortium on September 11, 2014, 01:06:43 PM

its quite stupid to go in bitcoin right now as we prepare for another big crash
order books are moving, pressure is building to drop to 400 quickly

The only stupid thing to do right now is to not put your disposable income into BTC.

Exactly. Even if there is a crash to 400 (which is hardly a certainty) then this will be negligible compared with the exponential rise afterwards.

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: xDan on September 11, 2014, 05:47:54 AM

(of course I had never more than ~5% in alts)

Ha, then you didn't lose that much of your total portfolio Wink

Smart move. We might have been in for a 3000% Litecoin increase after all, who knows Wink

But I think it really is most wise to just keep your crypto-speculation in the Bitcoin world!

solsticez

newbie

Activity: 28

Merit: 0

Quote from: xDan on September 11, 2014, 05:47:54 AM

Keeping track of all different alt coin wallets was annoying Angry

And I don't trust exchanges.

I'm ready for liftoff.

Are you?

(of course I had never more than ~5% in alts)

I have only one alt at the moment because I think it's the best investment of 2015.

Topic: sold my alts, all in BTC - page 12. (Read 11647 times)