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Topic: Wish I never bought altcoins - page 13. (Read 13849 times)

member
Activity: 588
Merit: 10
June 22, 2018, 04:11:28 AM
..no,,it is better to invest and hold your Bitcoin,,maybe you bought at a high price,,but expect a high profit as days pass by..just believe in the power of Bitcoin,,for it will never put you down..just be positive and do such a research on how to grow and earn a lot of bitcoin..yeah,,some altcoins are dump,,but before you buy,,or invest on it,,make sure that you are willing to lose the amount of what you have brought..for it is the nature of the crypto..price hikes,,prices low..
newbie
Activity: 126
Merit: 0
June 21, 2018, 03:48:40 PM
Yes, of course, it can not be doubted if Bitcoin is the most superior and best coin.
Bitcoin the price can be high bubble whereas altcoin is not.
Bitcoin is the oldest coin and is a coin that is very influential on altcoin.
Bitcoin is a worthy coin to buy and maintain.
hero member
Activity: 1134
Merit: 523
June 21, 2018, 01:44:01 PM
Many people are disappointed in the crypto currency now, because the market has continued its decline for several months. But we must remain optimistic and believe that the market will go up.
full member
Activity: 364
Merit: 100
June 21, 2018, 12:50:58 PM
Indeed bitcoin is the best investment in my opinion, especially in the long term. But if you mistakenly bought not profitable alcony don't worry, maybe they too will grow up.
member
Activity: 462
Merit: 12
June 21, 2018, 07:13:01 AM
I think it's basic when you get into trading/investing that high risk = high reward.

Obviously if you fall into the conservative approach of investing, holding BTC or ETH would be the best options especially in a bear market. However, altcoins always do better in the bull run, so  my advice wait and HODL.
jr. member
Activity: 186
Merit: 2
June 21, 2018, 05:28:41 AM
Would have been much better off just leaving everything in bitcoin. Altcoins suck.

Focusing in bitcoin is also a good idea , but I dont think that altcoins are sucks because some of altcoins has a good potential in the market right now , some of them trying to compete with bitcoin so they are not totally sucks anymore.
jr. member
Activity: 308
Merit: 2
June 21, 2018, 05:26:18 AM
Would have been much better off just leaving everything in bitcoin. Altcoins suck.

I totally disagree with your argument . In my opinion , some altcoins has a great potential so obviously altcoins are not suck at all. It is only your perception , I don't have a right to blame you about that matter but dont lose hope in altcoins because there are some good alts in the market.
full member
Activity: 336
Merit: 100
June 21, 2018, 04:43:15 AM
Would have been much better off just leaving everything in bitcoin. Altcoins suck.

You say strange words!!!! Altcoins for the next year will be separated from bitcoin and will not depend much on the price of bitcoin. That is why now in every sphere of life, alternative coins are created which slowly rise in price. You do an analysis of altcoins prices and you will understand. That alternative coins are promising.
full member
Activity: 420
Merit: 108
June 21, 2018, 03:24:25 AM
Looks like bitcoin is trying to shake off some Alts
newbie
Activity: 157
Merit: 0
June 21, 2018, 02:58:33 AM
If all the tokens you are selling and in investing in the Bitcoin was very nice. But if I'd still invest in some Altcoin because the opportunities for profit and will be more able to keep when the coins where there is not making a profit.
newbie
Activity: 182
Merit: 0
June 21, 2018, 02:24:15 AM
Yes, I agree with you.
Bitcoin is very attractive when compared with other coins.
I believe with Bitcoin because its value is very high when compared with another altcoin.
I am still amazed by Bitcoin's technology that is able to survive in the Cryptocurrency market even though many new coins are popping up in the Cryptocurrency market.
jr. member
Activity: 152
Merit: 1
https://karatcoin.co
June 21, 2018, 01:45:35 AM
Would have been much better off just leaving everything in bitcoin. Altcoins suck.


you r wrong, invest @bitcoin u will reach 2x - 3x  from investment .
but at alt u will get 10x-100x from your investment,
buy good coin, not scam coin
jr. member
Activity: 250
Merit: 2
June 21, 2018, 12:53:42 AM
This is nothing more than a negative post out of despair, i can feel you because i know how it feels to see your portfolio more than 80% down in value, this is what crypto downtrend can do, i will just suggest you to wait more, never sell in such loss, market is showing signs of recovery, sustaining above $6k mark is itself a big sign that market will take turn from here and i think it is not far away now.
Another thing that factor in the OP's feeling is the amount of bounty hunters that immediately dumps their awarded tokens in the market as soon as it hits an exchange. This results in a drastic change in the price of the token to price lower than the ICO's so the investors feels that they had a bad investment due to this. This happens to every ICO that is promoted by bounty campaigns but they should take this as a good opportunity to buy more of the tokens and bag more of it to hold when the price recovers.
Well, I don't know how true this is and I haven't been in cryoto for long but why do many people blame bounty hunters for fallen prices. Because I have also read other posts where the investors dumped their coins even before bounties were paid.
jr. member
Activity: 250
Merit: 2
June 21, 2018, 12:51:09 AM
Somehow true. Bitcoin is indeed the best option, but there are altcoins that gave people so many increase (some over 1000% ) in just a few weeks/months and so I think that was why many people developed interest there.
sr. member
Activity: 546
Merit: 255
June 21, 2018, 12:48:55 AM
This is nothing more than a negative post out of despair, i can feel you because i know how it feels to see your portfolio more than 80% down in value, this is what crypto downtrend can do, i will just suggest you to wait more, never sell in such loss, market is showing signs of recovery, sustaining above $6k mark is itself a big sign that market will take turn from here and i think it is not far away now.
Another thing that factor in the OP's feeling is the amount of bounty hunters that immediately dumps their awarded tokens in the market as soon as it hits an exchange. This results in a drastic change in the price of the token to price lower than the ICO's so the investors feels that they had a bad investment due to this. This happens to every ICO that is promoted by bounty campaigns but they should take this as a good opportunity to buy more of the tokens and bag more of it to hold when the price recovers.
sr. member
Activity: 344
Merit: 250
June 21, 2018, 12:25:16 AM
Btc is for people that want to play it safe, the days of huge gains for btc are over.  If you want to turn a small amount into a large sum you need to go into high risk low cap cryptos.

You can still have huge gains with bitcoin but you need to trade it not just hold it and wait for the time it would be valuable. Given that it went down to 6k levels now and it would at least 3x to surpass the all the time high, you can still profit from it at least with that amount and if it would continue to climb higher then you can still have huge gains but when it comes to altcoins, it would go higher than bitcoin in terms of percentage amount because most likely a 5% movement for bitcoin is a 10% movement for altcoin but you still have to research what altcoins move faster than bitcoin.

Don't be to harsh about altcoins, it's maybe you buy an altcoins that's not have a potential to grow. Many factors can be considered regarding your losses, might be due to bad timing because of bitcoin's time to shine pump and of course nobody knows how long it will be, maybe you are just having a bad time investing in alt, another thing is if you bought some bad alts in the first place. Losses are part of the cryptocurrency anyway.

It would depend on the person what altcoins he was able to buy. All I know is that many people become millionaires because of altcoin while some suffer huge losses too because of wrong investment or trading decision. It would depend then where OP belong which I assume would be the second one. This is the reason why a trading plan is important because huge losses can be incurred if you are not careful.

As of late (Bitcoin's huge pump starting a year ago) it seems that when Bitcoin rises my alts lose their value in Bitcoin, and when Bitcoin falls, again they lose value to Bitcoin. It has been extremely frustrating. It's like people buy Bitcoin to not miss out on the rise, or sell the alts to not lose as much against Bitcoin.
copper member
Activity: 168
Merit: 0
June 20, 2018, 10:22:02 PM
just stay with BTC and ETH my friend Wink
sr. member
Activity: 644
Merit: 261
June 20, 2018, 09:01:55 PM
Btc is for people that want to play it safe, the days of huge gains for btc are over.  If you want to turn a small amount into a large sum you need to go into high risk low cap cryptos.

You can still have huge gains with bitcoin but you need to trade it not just hold it and wait for the time it would be valuable. Given that it went down to 6k levels now and it would at least 3x to surpass the all the time high, you can still profit from it at least with that amount and if it would continue to climb higher then you can still have huge gains but when it comes to altcoins, it would go higher than bitcoin in terms of percentage amount because most likely a 5% movement for bitcoin is a 10% movement for altcoin but you still have to research what altcoins move faster than bitcoin.

Don't be to harsh about altcoins, it's maybe you buy an altcoins that's not have a potential to grow. Many factors can be considered regarding your losses, might be due to bad timing because of bitcoin's time to shine pump and of course nobody knows how long it will be, maybe you are just having a bad time investing in alt, another thing is if you bought some bad alts in the first place. Losses are part of the cryptocurrency anyway.

It would depend on the person what altcoins he was able to buy. All I know is that many people become millionaires because of altcoin while some suffer huge losses too because of wrong investment or trading decision. It would depend then where OP belong which I assume would be the second one. This is the reason why a trading plan is important because huge losses can be incurred if you are not careful.
newbie
Activity: 176
Merit: 0
June 20, 2018, 08:28:53 PM
Would have been much better off just leaving everything in bitcoin. Altcoins suck.

Yes probably your correct.... Bitcoin has a lots potential than altcoin....  But dont think that buying altcoin is not good....  Maybe today it is not but surely soon you will be benifited by that coin....  Holding a different coin is realy risky but ones you've get the right and great altcoin surely you will get what you want....  But I prefer holding a little bit altcoin and holding more bitcoin.... 
newbie
Activity: 70
Merit: 0
June 20, 2018, 06:50:04 PM
Don't be to harsh about altcoins, it's maybe you buy an altcoins that's not have a potential to grow. Many factors can be considered regarding your losses, might be due to bad timing because of bitcoin's time to shine pump and of course nobody knows how long it will be, maybe you are just having a bad time investing in alt, another thing is if you bought some bad alts in the first place. Losses are part of the cryptocurrency anyway.
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