Topic: What is Wrong with all Coins? - page 2. (Read 3605 times)

Best strategy to be my friend

1) do not buy Bitcoin under 500$
2) if Bitcoin reaches 750: Panic, sell all your altcoins to me!
3) When the run is over, come back and buy your Coins back for twice the price
4) after Bitcoin crash don't buy under 500
5) if Bitcoin reaches 850: Panic, sell all your altcoins to me!
6) When the run is over, come back and buy your Coins back for twice the price
7) after Bitcoin crash don't buy under 700
8)l if Bitcoin reaches 1050: Panic, sell all your altcoins to me!
9) When the run is over, come back and buy your Coins back for twice the price
10) Don't stop doing this, I love you ...

lol such fun
Matthias 

.

I dont think i will buy into any future alts in the hope of holding them for future profits. It seems all alts are good for is day trading to try and make a bit of profit. Almost all coins ive bought to hold have ended up losing massive value.  Best to just get rid of all of them and continue to develop bitcoin.

i dont think that investing your coins can make you rich... Maybe this can give u a small profit or either scam from investing sites... Well for me in my expirience bad experience investing my coins from thhose investing sites.. Which they easily scam your money

O.K. taking the risc of being over-present here: It's me again

I kind of read over this one and it didn't got out of my head, because it represents a fundamental misconception about the sense and nonsense of altcoins.

Let me assure you i am the first, who is with you when it comes to criticism about ICO and any other "funding" policy.

But when it comes to sense, let me try to explain another viewpoint.
Bitcoin has invented a way of thinking about the topology of network systems as a whole.
So its a good thing, that people are beginning, to have ideas, to build stuff and to try out all sorts of things, you could do with it.
This does not have to mean, anybody is thinking about a "better Bitcoin" or even about ANY revolution at all.
Some may think so and some/many of them may even have a misconception about their own projects, thats right,
but it doesn't matter about the fact, that this people inventing stuff with and without sense is the soul of what gives progress to humanity.
Even if you are witnessing a great bunch of insane or ridiculous shit: Its creativity at its best.

There are, despite the "shit", projects around, that are developing breath taking technologies and THIS is all what counts.
In fact, Bitcoin may profit a lot from that, because everybody will agree, that its bad a bad idea to play around like this, with bitcoin itself,
while on the other hand Bitcoin may be able to cherry-pic from the outcomes.
Even besides the technology aspect, Bitcoin is a SOCIAL invention, that is DONE by using technology, so even without the aim,
to build new technology, experimenting with different configurations makes sense.

And last but not least there are first fruits we learned from playing around,
and that made some coins, that will do something slightly better than Bitcoin and wont replace it,
but help to do something else, as we are in the same boat.
And if its only, to be less arrogant and through this, getting REALLY to the people.
Bitcoin is already an ecosystem, but dismissing its lab, that in fact represents the crowd, where it emerged from,
is doing the same error of traditional finance a second time in history

have fun
Matthias

ICOs are just helping Maintainers to quit their job and move to the Bahamas,
i know only very few, who are using them, what they are meant to be for.
There are coins that haven't started an ICO, not because they like to stay powerless,
but because maintainers, have earned enough money in their life, BEFORE they started to engage in crypto.

read here:
ABOUT FEDERATED BLOCKCHAINS FUNDING AND ICO POLICY


have fun
Matthias





.

I dont think they intend to invest on to became rich, but the right word to be used is to gain some profits, but we cannot blame them since they believe that ICO's are better investment while in really we will get a hard time to find a potential ICO coins since their are so many shitcoins who looks good and appealing, and that should we need to take care off since ICO scams are splattered just to scam.

Because we have too many shit coins where dev's only purpose is to make money with pump and dump. And after success of eterium,lisk etc people invest in shit coins assuming they will make them rich

get into altcoins for what?
if you mean for using them for some application then there is only bitcoin to look into and no other altcoin has any real world application that can even compete with bitcoin.

but if you mean for trading and making profit then there is no rule for which altcoin you choose. as long as that altcoin is not dead and it is being traded then there is a chance to make profit from it otherwise it is not limited to top 10.

First of all we do not need a fucking coin for each and every service some one could potentially provide over the internet. I wanna sell milk so I go and develop a freaking crypto coin for it, now I have changed my mind and now going to make ice creams, oh wait for it................
Now here you go ICC short for Ice Cream Coin and just planning to earn a few hundreds bucks each day for next 6 years, how you may ask? really easy I'd just need to first announce it and things like pools, explorer, wallets magically appear from every corner.

Second of all the gap between bitcoin and other so called digital assets with fake given value is so fucking huge, like bitcoin is in right side with $12B marketcap and all other few thousands shitcoins with $1.5B in left side, so I guess going ahead and investing in the lefties is totally cool right?

All other coins are clones or fake or scams till they are proven. They need to prove of they are worth the money and time of investors first. And please, no more investing into ICO.

The truth is that there are few currencies that provide a significant improvement over Bitcoin, and the number is even lower when trying to identify currencies with improvements that could not be implemented in Bitcoin itself. This is a time when caution is needed when choosing the currency to invest. If you are little experienced in trading, the best thing to do is hold the Bitcoins, and seize the moment to learn more about how the market works.

Sticking with bitcoin is the best thing to do for now. And If you want to get into Alt coins, I think it is best to go with the top 10 or top 5 coins based on market capitalization.

Nothing is wrong with ALTCOINS


Just weakhands moving out into BTC

But in the end ALTS will return as strong as ever, most people buying higher and higher then

Id say invest a vast portion into a variety of altcoins, hold them for the next 4-8 monts, ure more likely to see a 3-5x rise

its not that difficult to grasp, what happens has been happening over and over again. When Bintcoin goes up, Altcoins first crash (wich is a healthy, cleaning process)
if Bitcoin doesn't go down for a while, Altoins, that survived, are starting to follow and tend to end up higher than before the crash.

to navigate savely first act right to have the preconditions:

1) always have a satisfiing amound of BTC, to not have to panicsell alts
2) an alts choose informed, wisely and inpendent from hypes, especially the mostly payed press
3) always have a clear definition for your self, on what you like to accomplish with your investment (some for fast trades, some for holding, whatever)
4) support those teams, of the coins you hold, its YOUR investment
5) on booming altcoin markets, ico madness a.s.o. go and BUY BITCOIN

Trading

1) if Bitcoin goes up and your portefolio has ben manages wisely, stickk with the good ones and help them to survive
2) when markets crash because of BTC rise: Buy those, who have proven themself as active and with a future concept
(this does not always mean new technology, but mostly is)

Always have a regularty personal contact to the maintainers, of your choosen coins. If this isn't possible: Drop them.
Support the teams and if its just showing up in their thread from time to time. Others should see your support and this will benefit your investment.

monitor the threads of the altcoins you hold (crazy how many don't do that) monitor their twitter accounts, don't trust magazines, that are getting payd for their Articles,
there are many undervalued, smaller publishers, that may not alway be right with their opinions, but much more often, and honest enough to get a picture of whats goin on.

if you follow these guides
no worry at all
Matthias

As of yesterday this has changed. Gulden has pushed crypto into the future with their 1.6.0 release yesterday and they have even better projects coming next year.

https://developer.gulden.com/blog/

They have also delivered on the roadmap every step of the way.

https://developer.gulden.com/roadmap/

I agree if you look at all this newly launched coin they are just copy paste of existing coins,they just change the graphics put some interesting roadmap,create a buzz,and actively marketing it and voila ,we have a new coin in the market and surprisingly people are going and throwing their bitcoin on it.

hahaha, what you said is correct, their will be always new coin coming in the market and they are pumped and dumped it but it does not mean that genuine altcoins will get affected. They will be their in market. and when ever the price is crashed it is a good time to buy and get profit when the problem get solved. Their is no bubble in crypto currency their are always new coins come and go but crypto currency wont die

We will see even more pump in bitcoin and even in other altcoin as this crypto fever is hitting countries like China and in India it hasn't been started yet. The pump is just building up and there is room for growth as well as hype. The best thing to do is go long in bitcoin as bitcoin is the torch bearer for cryptos and new people come into crypto with bitcoin.

if there ever was a real bubble, and nothing that's happened with any coin including bitcoin resembles that, every nobody with a little bit of dust here now would be rich.

none of these pumps are down to more than a few hundred or thousand people. if tens of thousands, let alone hundreds of thousands or more, got on board people would have their breath taken away. we ain't seen nothing yet.

it would probably be best for everyone coming after that the shitcoins died before then as there's no limit to greed and stupidity.

This is related to the Bitcoin uptrend. In the current market conditions, with half reward per block, increasing demand from India and China, Segwit, all this creates conditions for Bitcoin to reach new heights, this creates uncertainty regarding altcoins.

With such factors in scene, you need to take extra caution before investing, because even under normal conditions altcoins are already a risky investment.