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Topic: Why I'm selling all my alt coins and putting everything into Golos - page 2. (Read 18457 times)

full member
Activity: 122
Merit: 100
Today Golos is having one of its highest volume days in history at $141,000 odd http://prntscr.com/gwkeze

There were some days of $130,000-$170,000 a few months ago, but no volume anywhere near this since then.

With the recent Bitcoin bull and ALT today, history shows that an alt coin bull run will follow. And which alt coins?

Is the market starting to realize how cheap Golos is?
full member
Activity: 122
Merit: 100
What you'll find I'm actually doing is putting my money into a coin that is

A) Undervalued
B) has real world TRACTION

Nothing like Mona Coin which is just another shitcoin bitcoin clone

Since that date, MONA coin has doubled in value while Golos has lost 33% in dollars terms and 75% in BTC terms...

Whats your point? Its not hard to tell people what was a PREVIOUS good investment. Most alts have lost substantially vs BTC in the past few months

Golos will outperform the vast majority of alt coins in the coming bull market. Watch
sr. member
Activity: 602
Merit: 250
What you'll find I'm actually doing is putting my money into a coin that is

A) Undervalued
B) has real world TRACTION

Nothing like Mona Coin which is just another shitcoin bitcoin clone

Since that date, MONA coin has doubled in value while Golos has lost 33% in dollars terms and 75% in BTC terms...
full member
Activity: 122
Merit: 100
I agree with the other answers - its very risky putting all your money in one coin? A crazy Strategy. Either you are just trying to hype this up and pump it or you really do believe in it , either way, spread your risk.
I learned this sentence from this forum of not putting all your eggs in one basket and now I have learnt what it actually meant. This is really important in investing or trading any coin. Before getting into field you must have to learn the whole and sole of that coin whether that is suitable for you or not. Once decided, be confident, but don’t just trust that blindly.

Sure, like this ''idiot'' that put his live savings into Bitcoin when it was $9 http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/

Some people are lucky idiots  Roll Eyes

How was he lucky? He wrote compelling reasons why BTC was a good investment years ago. Thats insight, not luck
newbie
Activity: 16
Merit: 0
member
Activity: 359
Merit: 13
coinBusiness / Gapur Ozdoev
First, sell all your coins and invest in one, may possibly successful, is not reasonable. With the huge competition, we see the lunar coins, which seemed to be unsuccessful. The voice of the right, not the coin's sake, which is to sell everything. Remember the rules of investment never invest more than you can afford to lose.
sr. member
Activity: 336
Merit: 250
the deeper explanation is yet to be unfold only thy yourself instead, you already have the idea so I'm assuming that you can now further research about their difference, and probably their importance and all.Coins are what we called the cryptocurrencies, such as Bitcoin, Ethereum, Litecoin etc. And the tokens are those things that have been forked from a specific Coin.
full member
Activity: 448
Merit: 100
I'll soon open a thread like that why I am selling all my altcoins and putting everything into sonm. But never do that! It is very risky.
newbie
Activity: 28
Merit: 0
I agree with the other answers - its very risky putting all your money in one coin? A crazy Strategy. Either you are just trying to hype this up and pump it or you really do believe in it , either way, spread your risk.
I learned this sentence from this forum of not putting all your eggs in one basket and now I have learnt what it actually meant. This is really important in investing or trading any coin. Before getting into field you must have to learn the whole and sole of that coin whether that is suitable for you or not. Once decided, be confident, but don’t just trust that blindly.

Sure, like this ''idiot'' that put his live savings into Bitcoin when it was $9 http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/

Some people are lucky idiots  Roll Eyes
full member
Activity: 122
Merit: 100
I agree with the other answers - its very risky putting all your money in one coin? A crazy Strategy. Either you are just trying to hype this up and pump it or you really do believe in it , either way, spread your risk.
I learned this sentence from this forum of not putting all your eggs in one basket and now I have learnt what it actually meant. This is really important in investing or trading any coin. Before getting into field you must have to learn the whole and sole of that coin whether that is suitable for you or not. Once decided, be confident, but don’t just trust that blindly.

Sure, like this ''idiot'' that put his live savings into Bitcoin when it was $9 http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I agree with the other answers - its very risky putting all your money in one coin? A crazy Strategy. Either you are just trying to hype this up and pump it or you really do believe in it , either way, spread your risk.
I learned this sentence from this forum of not putting all your eggs in one basket and now I have learnt what it actually meant. This is really important in investing or trading any coin. Before getting into field you must have to learn the whole and sole of that coin whether that is suitable for you or not. Once decided, be confident, but don’t just trust that blindly.
full member
Activity: 122
Merit: 100
Interesting - and thorough! - reasoning. However... aside from puting all eggs in one basket, which is not the best strategy ever, I would remark that you didn't consider the penetration of cryptocoins among English and Russian speakers, respectively, but started from the idea that all of them will be investing in the respective coins at one point.
You definitely caught my attention, though!

Yes thats a fair point about me making the hypothesis that all of them will be investing in the respective coins at one point.

That is what I believe. Not ''all of them'' exactly, but I believe some language/geo/niche specific coins will be more appealing than lots of other cryptos that are trying to go for a broader market. Which is also why I'm confident in my Golos play. Like all cryptos it has significant downside risk, but I believe the ROI for it is much better than all other cryptos out there. And Golos is basically at the same price today it was in January 2017 - it hasn't been overbought like nearly all other alt coins.  Thats why I went all in on it
full member
Activity: 153
Merit: 100
I Love DeepOnion!
Thank's for your analysis and for your advice.
I think it's a good buy now! Wink
It should grow and rise just like Steem did in the last year  Grin

full member
Activity: 280
Merit: 101
If you really sold ALL their COINS to buy a TOKEN at Ethereum, I pity you....
full member
Activity: 122
Merit: 100
Interesting - and thorough! - reasoning. However... aside from puting all eggs in one basket, which is not the best strategy ever, I would remark that you didn't consider the penetration of cryptocoins among English and Russian speakers, respectively, but started from the idea that all of them will be investing in the respective coins at one point.
You definitely caught my attention, though!
newbie
Activity: 1
Merit: 0
I agree with the other answers - its very risky putting all your money in one coin? A crazy Strategy. Either you are just trying to hype this up and pump it or you really do believe in it , either way, spread your risk.
sr. member
Activity: 840
Merit: 254
While the OP gave good points I’m not sure he understands the incredible risks he is taking, putting everything in a single coin is a mistake, in fact if a person is only holding bitcoin I will think that is a mistake too, you need to have other coins that way if a coin loses value while another gains the same amount, you break even, I wish the best to the OP but he took an unnecessary risk.
full member
Activity: 122
Merit: 100
Why do so many people who comment on this thread only talking about ''eggs and baskets''?

Look you're not adding anything to the thread, your just repeating what others have said before.

sr. member
Activity: 924
Merit: 260
No matter how Golos seen to be a good project to you and you have loved of promoting this project I think it is too risk to put all your coins into one project. To actually make it in cryptocoin trading you most put your investment into many coins. Golos seen good and since you want to invest in it you should just put about 30% of coins into it.Investment in crypto currencies is very risk venture therefore putting all your egg in one basket is too risky to take.
sr. member
Activity: 560
Merit: 250
You are making the worst investment decision, how can you be putting all your investment in one basket, there is a reason why people always hedge their investment because there is no certainty anywhere

I agree, something big mistake put on one coin to invest and put it in one place.
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