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Topic: sold my alts, all in BTC - page 8. (Read 11647 times)

legendary
Activity: 980
Merit: 1000
April 01, 2016, 09:51:48 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)
good decisions because using exchange aren't secure any longer because most of them are very vulnerable to be hacked and possibility for lose your altcoins is very big
sr. member
Activity: 446
Merit: 250
Unpaid signature.
April 01, 2016, 09:18:32 AM
Recently few altcoins grew very high. At that moment users made a smart move bought alts and did trading. That profit has been invested in uᴉoɔʇᴉq as its more worthy than alts.

The last weeks i have been trading some btc for altcoin as well on exchange CCEX and Yobit.
I have bought some altcoins with a small amount BTC and sold them several times a bit higher. Until now always with luck.
But i know it can go fast down. That's why i use a small amount only and now only the part of BTC i had won.

Its really good to buy and sell some alt as its being hype by its user then expect a big dump after that.
One notable example of this was Athereum recently. It was being pumped, and anyone who bought <$10 was able to make a profit, all because people started hyping the price.

There is some merit to buying pump n dumps, but it all depends on when you can get in on it and if you'll be able to secure your own piece of the pie.

The ethereum has strong development, so it might not be just a pump and dump coin. It might rise again in the future.
legendary
Activity: 1218
Merit: 1007
March 26, 2016, 11:57:02 AM
Recently few altcoins grew very high. At that moment users made a smart move bought alts and did trading. That profit has been invested in bitcoin as its more worthy than alts.

The last weeks i have been trading some btc for altcoin as well on exchange CCEX and Yobit.
I have bought some altcoins with a small amount BTC and sold them several times a bit higher. Until now always with luck.
But i know it can go fast down. That's why i use a small amount only and now only the part of BTC i had won.

Its really good to buy and sell some alt as its being hype by its user then expect a big dump after that.
One notable example of this was Ethereum recently. It was being pumped, and anyone who bought <$10 was able to make a profit, all because people started hyping the price.

There is some merit to buying pump n dumps, but it all depends on when you can get in on it and if you'll be able to secure your own piece of the pie.
full member
Activity: 168
Merit: 100
March 26, 2016, 11:52:02 AM
Recently few altcoins grew very high. At that moment users made a smart move bought alts and did trading. That profit has been invested in bitcoin as its more worthy than alts.

The last weeks i have been trading some btc for altcoin as well on exchange CCEX and Yobit.
I have bought some altcoins with a small amount BTC and sold them several times a bit higher. Until now always with luck.
But i know it can go fast down. That's why i use a small amount only and now only the part of BTC i had won.

Its really good to buy and sell some alt as its being hype by its user then expect a big dump after that.
hero member
Activity: 770
Merit: 500
Bazinga!
March 26, 2016, 11:32:17 AM
as much as i love seeing the rise as soon as possible, but i think it is a little soon for lift off. besides i don't know what OP means by selling his alts but i usually sell my alts by trading them with bitcoin and if bitcoin price goes up it usually has little to no effect on altcoin prices so selling or not selling doesn't really make a difference
sr. member
Activity: 630
Merit: 250
March 26, 2016, 10:46:06 AM
Recently few altcoins grew very high. At that moment users made a smart move bought alts and did trading. That profit has been invested in bitcoin as its more worthy than alts.

The last weeks i have been trading some btc for altcoin as well on exchange CCEX and Yobit.
I have bought some altcoins with a small amount BTC and sold them several times a bit higher. Until now always with luck.
But i know it can go fast down. That's why i use a small amount only and now only the part of BTC i had won.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
March 26, 2016, 10:43:41 AM
Recently few altcoins grew very high. At that moment users made a smart move bought alts and did trading. That profit has been invested in bitcoin as its more worthy than alts.
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
March 26, 2016, 07:42:58 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

What a completely empty and useless post from a newly born sockpuppet.

I think that it is good idea, it is hard to keep eye on all cryptos, so focusing in bitcoins only will really be good for you, also bitcoin block halving will happen soon so you will win money from that too

ALSO A COMPLETELY USELESS POST. Block halving doesn't guarantee shit. Focussing on Bitcoins reaaaally did me well since my original post, eh?

The only altcoins that have any potential:

Monero
Maidsafe
Ethereum
Factom (maybe)

that's about it. The rest are all lotteries and I don't see any fundamental reasons of them going to the moon other than pure luck of holding some in between a whale pump.

I would also add Dash (they are organised with an interesting roadmap and that counts for a lot) and Storj/Sia (a focussed storage network has great utility).

I now have 10% in alts and that will increase if some method is not found soon for Bitcoin to work as a reliable and cheap payment network.
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
March 26, 2016, 07:32:43 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 think that it is good idea, it is hard to keep eye on all cryptos, so focusing in bitcoins only will really be good for you, also bitcoin block halving will happen soon so you will win money from that too
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
March 26, 2016, 07:10:47 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

and some altcoin have biggest potential growing Roll Eyes
you can buying some old altcoin undervalued, then after azzure add it price will be rising to the moon.

The only altcoins that have any potential:

Monero
Maidsafe
Ethereum
Factom (maybe)

that's about it. The rest are all lotteries and I don't see any fundamental reasons of them going to the moon other than pure luck of holding some in between a whale pump.

it is all about the hype, and microsoft Azure adding them can only create hype that may or may not lead to a pump if there are some pumpers behind it.

also if feel like maidsafe and factom has been a side pump of the project ETH hype and exist in a smaller scale and doesn't really have any real potential.
legendary
Activity: 3248
Merit: 1070
March 26, 2016, 06:31:40 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

and some altcoin have biggest potential growing Roll Eyes
you can buying some old altcoin undervalued, then after azzure add it price will be rising to the moon.

The only altcoins that have any potential:

Monero
Maidsafe
Ethereum
Factom (maybe)

that's about it. The rest are all lotteries and I don't see any fundamental reasons of them going to the moon other than pure luck of holding some in between a whale pump.

i don't agree, decred is bigger than most of those that you mentioned

good coin are decred ethereum and monero, those are the strongest that will probably never die
legendary
Activity: 1610
Merit: 1183
March 26, 2016, 05:57:00 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

and some altcoin have biggest potential growing Roll Eyes
you can buying some old altcoin undervalued, then after azzure add it price will be rising to the moon.

The only altcoins that have any potential:

Monero
Maidsafe
Ethereum
Factom (maybe)

that's about it. The rest are all lotteries and I don't see any fundamental reasons of them going to the moon other than pure luck of holding some in between a whale pump.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
March 26, 2016, 02:37:16 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

and some altcoin have biggest potential growing Roll Eyes
you can buying some old altcoin undervalued, then after azzure add it price will be rising to the moon.

Buying old coin thats undervalue has so much risk than buying new alts,when you buy new alt coin you can see profit fast.

it doesn't matter if they are old or new. as long as there is enough volume to be considered alive (and not a dead coin) you can find a good old altcoin and buy it low before the rise and sell after that. especially if their price is low like 100 satoshi the rise will give you a good profit.
the new altcoins have more rise and fall but they are more risky also since next fall might be the last of the series.
member
Activity: 112
Merit: 10
March 26, 2016, 01:56:58 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

and some altcoin have biggest potential growing Roll Eyes
you can buying some old altcoin undervalued, then after azzure add it price will be rising to the moon.

Buying old coin thats undervalue has so much risk than buying new alts,when you buy new alt coin you can see profit fast.
legendary
Activity: 1316
Merit: 1145
March 26, 2016, 01:20:39 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.

and some altcoin have biggest potential growing Roll Eyes
you can buying some old altcoin undervalued, then after azzure add it price will be rising to the moon.
member
Activity: 97
Merit: 10
March 26, 2016, 01:17:20 AM
The bitcoin price is quite low at the moment. So it might be a good idea to buy more bitcoin at present.
hero member
Activity: 994
Merit: 1000
PUGG.io
March 15, 2016, 02:26:26 AM
IMO alts are created so you sell them and buy more bitcoin Cheesy

we are all doing it. buying each day and selling the other to add to our bitcoin wealth.

bitcoin (big) rise is not happening for a 2-3 month so keep waiting.

yes you are right We all go for alt coins so that we can be a part of their technology and get some benefit from trading with this alt and earn some bitcoins with this trading, but most of the alt coins are going for junk and give you loss, it is upto you what kind of alt you are dealing.
legendary
Activity: 3248
Merit: 1070
March 15, 2016, 02:10:37 AM
#99
IMO alts are created so you sell them and buy more bitcoin Cheesy

we are all doing it. buying each day and selling the other to add to our bitcoin wealth.

bitcoin (big) rise is not happening for a 2-3 month so keep waiting.

thanks to a bunch of uselesses alt i was able to increase my amount easily, they are very good at feeding your bitcoin wallet, and even now they are once again profitable, and could help youaccumulating before bitcoin will skyrocket

a funny thing would be earning the same amount now from alt(mining) when bitcoin will be worth 10k...
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
March 15, 2016, 12:45:21 AM
#98
IMO alts are created so you sell them and buy more bitcoin Cheesy

we are all doing it. buying each day and selling the other to add to our bitcoin wealth.

bitcoin (big) rise is not happening for a 2-3 month so keep waiting.
hero member
Activity: 826
Merit: 1000
March 15, 2016, 12:21:54 AM
#97
Most of the alts only get traded to increase traders stash in BTC.
Or they do it make some fiat profits. There is almost no other use case.

But that's a zero-sum game. Someone's gotta lose when someone wins.

Most people dont get it lol.

So dont bother to explain the lose and winning scenario. Esp when trading there is always someone losing on the other end.

Easier for people to understand is more few big winners = many losers.
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