What are you doing with your alt bags - page 6.

swogerino

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Bitcoin Casino Est. 2013

Quote from: Jawhead999 on December 17, 2022, 03:10:07 AM

Quote from: BitKongy on December 17, 2022, 01:39:13 AM

Almost all altcoins are now making new all time low, Gala games for example look like it's going to 0.015$ after holding 0.025$ for months, I have halted my buys right now because I believe that BTC will go lower, what are you plans?

When Bitcoin price is increase, most altcoins price will increase too.
But when altcoins price is decrease, Bitcoin price will not go down because Bitcoin is independent and there's nothing can control it.

I think the past of Bitcoin histories where the price dump to $3000 and then comeback to $69K already give a good reason why Bitcoin is the best currency to buy during bear market. If you only wait without bought Bitcoin at cheap price, you will regret what you done only.

I agree with you.Bitcoin is the king and it is always a good buy but I am personally just mining 2 coins,Raptoreum with CPU and ETHW with GPU-s,also I work online in some sites where I get paid in Litecoin so these are my only currencies that I hold except Bitcoin.I am not worried when I see all this dumping right now because it is normal before the holidays season and a bit in the first months of 2023,I know that when Bitcoin will recover so would have done all the other coins and until then I would have mined more than enough to be happy to sell.

beerlover

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Quote from: janggernaut on December 17, 2022, 03:57:16 AM

Just like @CZ_Binance said on his interview back then after FTX collapse, he said, 1 by 1 and many other company will stop and bankrupt as well as they have put huge money on FTX.

If you are thinking to buy those coins which got dumped by DCG, better wait it, as the dump can be more deeper than now. $FIL, which got biggest dump, even still has $1billion marketcap, it's still huge IMO

I read somewhere that total altcoin market may get dumped up to $300-$350 Billion levels (then it was around $440 billions) which means around $300 billions reversal may happen; that would be the right time to start accumulating more altcoins with mid to long term plans.

Personally I am holding few exchange coins like BNB. So, I guess I may buy more gradually on dips to maximize the potential profits. This may applicable only for reputed coins and not for all the coins including shit-ones.

janggernaut

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Quote from: BitKongy on December 17, 2022, 01:39:13 AM

It's starting to look like we are going to see a huge dump in the coming weeks into 2023, altcoins are in trouble as big venture capitals are selling off their holdings, and another one today is DCG

Almost all altcoins are now making new all time low, Gala games for example look like it's going to 0.015$ after holding 0.025$ for months, I have halted my buys right now because I believe that BTC will go lower, what are you plans?

That already predictable already, even the news started from months ago

https://coingeek.com/digital-currency-group-under-strain-as-genesis-teeters-on-edge-of-bankruptcy/

Just like @CZ_Binance said on his interview back then after FTX collapse, he said, 1 by 1 and many other company will stop and bankrupt as well as they have put huge money on FTX.

If you are thinking to buy those coins which got dumped by DCG, better wait it, as the dump can be more deeper than now. $FIL, which got biggest dump, even still has $1billion marketcap, it's still huge IMO

Jawhead999

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Quote from: BitKongy on December 17, 2022, 01:39:13 AM

Almost all altcoins are now making new all time low, Gala games for example look like it's going to 0.015$ after holding 0.025$ for months, I have halted my buys right now because I believe that BTC will go lower, what are you plans?

When Bitcoin price is increase, most altcoins price will increase too.
But when altcoins price is decrease, Bitcoin price will not go down because Bitcoin is independent and there's nothing can control it.

I think the past of Bitcoin histories where the price dump to $3000 and then comeback to $69K already give a good reason why Bitcoin is the best currency to buy during bear market. If you only wait without bought Bitcoin at cheap price, you will regret what you done only.

BitKongy

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It's starting to look like we are going to see a huge dump in the coming weeks into 2023, altcoins are in trouble as big venture capitals are selling off their holdings, and another one today is DCG

Almost all altcoins are now making new all time low, Gala games for example look like it's going to 0.015$ after holding 0.025$ for months, I have halted my buys right now because I believe that BTC will go lower, what are you plans?

Topic: What are you doing with your alt bags - page 6. (Read 755 times)