Wish I never bought altcoins - page 45.

Tiennou74

sr. member

Activity: 546

Merit: 250

Quote from: yonton on October 12, 2017, 11:25:43 PM

Would have been much better off just leaving everything in bitcoin. Altcoins suck.

It depend how good you can be while trading altcoin, really huge risk . but most people make money with Altcoin and most of them losing

So When you are jumping into Altcoin then beware of risk

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: yonton on October 12, 2017, 11:25:43 PM

Would have been much better off just leaving everything in bitcoin. Altcoins suck.

I really know that feelings Grin

and it sucks truly but it is just how the market is. They are taking the plunge as the boss is climbing up the ladder, they just had to take a bow.
Do not worry the boss will soon go to bed to relax soon once tired and the market will be back to normal and then we will start seeing some of the little kids jumping around again, pumping up .... I hope you understand perfectly all I just said. Grin

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: yonton on October 13, 2017, 11:56:47 AM

Quote from: BTCMILLIONAIRE on October 13, 2017, 09:56:48 AM

Quote from: yonton on October 12, 2017, 11:25:43 PM

Would have been much better off just leaving everything in bitcoin. Altcoins suck.

Means you didn't do enough research and gambled instead of investing. My portfolio has outperformed Bitcoin by an order of magnitude and I didn't even rebalance during dips and peaks.

You obviously didn't read anything I wrote.

"Would have been much better off just leaving everything in bitcoin. Altcoins suck."

I stand uncorrected. You gambled instead of investing. Most of my holdings are in altcoins and they appreciated an order of magnitude stronger than the Bitcoin price has. Do more research and Bitcoin won't be outperforming you.

Elle47

newbie

Activity: 33

Merit: 0

If you do not have time for trading it is better just to hold bitcoin. But on altcoins you can get better returns. Obviously higher profit involves higher risk.
But if you do not have much money to invest than you will not become rich from bitcoin but altcoins might be your chance.

arbitrage

hero member

Activity: 560

Merit: 500

This is totally wrong attitude!
In my case, I was late on BTC train so next logical step was to invest BTCs which were bought for fiat money, in alt coins which were promising and always will be. If you are disappointed with your personal decisions you have made you cannot blame market. For me alt-coins are best opportunity for doubling of your portfolio.
Even if you are not an investor or you can join campaigns, sell goods, services for Altcoins which have many advantages over BTC, at lest smaller fee when you do transactions and have better ROI, 10x is impossible for Bitcoin, but can happen with alts, especially now when fork influencing downtrend. Bounce back will be even better. Cool

Geleve

full member

Activity: 588

Merit: 104

Don worry mate it will not be like this for so long. When people got their fork coins to their wallet, they will have 2 option, exchange them to fiat and altcoin. I dont think most of them want to exit to fiaat. So they will start to buy altccoins and altcoin prices star tto jump up. just stay calm.

nhote

full member

Activity: 126

Merit: 100

Quote from: jack1111 on October 13, 2017, 11:25:25 AM

Do not wish you never bought altcoins, you have to regret you did not sell at the right time, this scenario is well known for every crypto trader who has been in this field since 2016 or earlier, bitcoin is very volatile and all other altcoins are influenced.

thanks mate. 100% agree and you managed to say it short and clear

chris330

newbie

Activity: 42

Merit: 0

The last few days have been the best times to buy altcoins! Everything is on sale!

Xenoblate

newbie

Activity: 69

Merit: 0

Quote from: Nick7815 on October 14, 2017, 04:59:03 AM

alts are pretty good for hedging you bitcoin investments. I think that one only needs to have pateience but when you've investd in the right coins then you will make really good profits with them. I mean look at ethereum and it's rally since the beginning of the year. How can you complain about this? I would be very happy if i would have been invested in ETh for the last few months..

That is right. Only invest in good coins such as bitcoin, bitcoin cash or Ethereum.

Nick7815

full member

Activity: 159

Merit: 101

alts are pretty good for hedging you bitcoin investments. I think that one only needs to have pateience but when you've investd in the right coins then you will make really good profits with them. I mean look at ethereum and it's rally since the beginning of the year. How can you complain about this? I would be very happy if i would have been invested in ETh for the last few months..

LixiR

newbie

Activity: 63

Merit: 0

then there would be no competition. it was just a lot of buying and the use went badly. Being in other sub-coin s are bringing the stock market rationale.

el kaka22

legendary

Activity: 3612

Merit: 1164

www.Crypto.Games: Multiple coins, multiple games

Quote from: Shishir99 on October 13, 2017, 02:43:35 PM

Altcoin is the best way to achieve highest gain.
Lots of altcoins do 2x in a month.
Will btc be 2x in a month now?
In my opinion altcoin will bounce
back after the fork in 25.

We have thousands of options in altcoins and new ones are being produced daily but only few of them are trusted by investors. As compare to any altcoin, bitcoin gives more profits to its holders in a less time. That is true, bitcoin cannot get doubled in a month.

Now let’s see the present value of eth and bitcoin. It is 340 dollars and 5580 dollar. Even if eth, the best altcoins gets doubled in next month, it profit will be less than what bitcoin can give in this duration.

Shishir99

sr. member

Activity: 644

Merit: 379

Altcoin is the best way to achieve highest gain.
Lots of altcoins do 2x in a month.
Will btc be 2x in a month now?
In my opinion altcoin will bounce
back after the fork in 25.

phr0stbyt3

hero member

Activity: 672

Merit: 500

No don't think like that it isn't anyone's fault it is just how world works people are getting free money just by holding bitcoin so why would they hold altcoins when they are not getting any benefit. If you are not interest in the new coin just buy altcoins now it is really low just hold don't sell in loss

go4crypto

sr. member

Activity: 798

Merit: 263

We have been similar phases of the market before. That's why it is important to always have a core
holding of Bitcoin. Anyway, just need to wait until Bitcoin gold fork is over and most altcoins start going
up again.

KryptoKai

full member

Activity: 630

Merit: 100

Blame bitcoin gold for this mega alt dump. But same as what happened after bitcoin cash the alt market will quickly recover as people buy up some cheap alts!

x86Daddy

full member

Activity: 216

Merit: 250

Hey, don't worry about that man! I think that all charts of coins is SIN model. No coin always rise up and no coin always drop down. The most important thing is that you must keep patient to identify when you buy or sell. Let use trial and error with a small amount of money to establish a own successful method. Gook luck, bro! Wink

null-zero-sum

member

Activity: 89

Merit: 11

I'm hodling.. cut your losses some say but I always invest in coins I want to hodl regardless of price fluctuations. It's why I primarily go for dividend coins. The true value will eventually appear. I use same tactic with stocks and it has been proven to work best for me rather than to trade forth and back. Sure I would have made it good buying btc but I don't believe in it long-term.

yonton

sr. member

Activity: 854

Merit: 262

Quote from: suvo05 on October 13, 2017, 12:28:20 PM

Quote from: yonton on October 12, 2017, 11:25:43 PM

Would have been much better off just leaving everything in bitcoin. Altcoins suck.

Same thing happened with me, I also entered the altcoin market at the worst time and still continuously losing day by day. I think the altcoin price was bubbled and going through a big correction period . we have to wait long to get profit from it.

Hopefully months and not years

suvo05

sr. member

Activity: 1162

Merit: 260

Quote from: yonton on October 12, 2017, 11:25:43 PM

Would have been much better off just leaving everything in bitcoin. Altcoins suck.

Same thing happened with me, I also entered the altcoin market at the worst time and still continuously losing day by day. I think the altcoin price was bubbled and going through a big correction period . we have to wait long to get profit from it.

Topic: Wish I never bought altcoins - page 45. (Read 13829 times)