Wish I never bought altcoins - page 48.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: yonton on October 12, 2017, 10:38:17 PM

Quote from: JakenBake on October 12, 2017, 10:36:14 PM

oh man, it can't be that bad

just wait a few weeks, BTC will dip back down, capital will flow from BTC back into alt coins...

little time heals all

Well actually the alt market has been dropping vs bitcoin for 4-5 months look at the top 20 coins and zoom out

If you think you will always took perfect decisions in trading you will have really miserable life. No one or 0.00001% people buy and sell at perfect time. What you need to do is zoom out and see if you had any profit with trading. Can you buy more cows with asset you have as you could before yous started. if you have less then you need to change strategy. Altcoins are doing super good in 2017.

If I would not make any mistakes I would start playing basketball. Would easily get 10 rings in NBA while never missing a shot.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: dukemc on October 13, 2017, 03:35:27 AM

It all depends on investing in the right altcoin and wait.. some alts are more profitable then others and more faster then others but then this is only a peek - i think a alt that have a healthy grow could be a good altcoin.

No man! Never invest in alts for long! Trade them!Speculate with them! But that's it!
Buy them low and sell with profit. Rinse and repeat!
We are still soooo early, many of the actual alts may disappear and others come up.In the long run most will end like penny stocks.
If you know how to trade them you can make more BTC or fiat out of it.

coleman268

member

Activity: 112

Merit: 10

Just hold everything will readjust in time, who cares if you're in the red for now it's all about the longcon

dukemc

full member

Activity: 431

Merit: 102

It all depends on investing in the right altcoin and wait.. some alts are more profitable then others and more faster then others but then this is only a peek - i think a alt that have a healthy grow could be a good altcoin.

Muhtaixa

sr. member

Activity: 1022

Merit: 306

it depends the alts but if you got enough patience come back to this topic one year later..

investeerder

sr. member

Activity: 322

Merit: 250

Quote from: marados on October 13, 2017, 01:47:49 AM

Quote from: yonton on October 12, 2017, 10:25:43 PM

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

Yeah, I'm in the same problem. But let's just wait and be patient. Surely time will come and probably in couple of weeks when price of BTC will go down and altcoins will shoot back up! Probably after BTC hard fork that is sheduled on 25th of October! Just be patient!

Patience is the best attitude to bring up on altcoin industry since there are so many coins who have been undervalued but suddenly pump up on the future, But in his case maybe he's pretty wrong on his decision upon buying some alts and maybe for next time he should learn and research on what is the current status of the alts he want to buy and if the dev are active upon doing some good fundamentals for his coin then he can earn with it if he stake and trust for the coin he have.

Neo.op

sr. member

Activity: 1092

Merit: 254

Bitcoin is the safest area for investment. The value of the bitcoin will go up to 7,000 dollars.
bitcoin made good money for people.

cryptofunn

full member

Activity: 490

Merit: 100

I also have a big drawdown on the deposit. And if I was just sitting in bitcoin, I would have already got a profit. Recommend that when forming a portfolio of 50% of the deposit to be in bitcoin, the remaining distribute among the good altcoyins. The market has changed. And now it will not be as it was 6-8 months ago. When I invested money in the first 20 and keep it, making a profit.
But there is good news. Bitcoin comes with kickbacks and corrections to new heights. Alkoys can not fall forever. When we get to the point of equilibrium, they will start to grow. After a while they will reach their purchase prices. Then on bitcoin you will go to 0, and in $ you will be in good profit. It's a matter of time)) Patience to us

thegamekind

member

Activity: 72

Merit: 10

you can't make your bitcoin x2 x4 x6 without invest on altcoin.

ddc_dev1

newbie

Activity: 42

Merit: 0

Well, you need to either go for speculations (scams basically) or invest in a serious project (see qtum) and leave the money there.
Any other approach is ... useless.

At least this is my view as development of an upcoming altcoin. In my eyes, I rather have people focusing on real projects and skip all scams because, yes they bring fast money, but they will damage us in the long run

Zakhal

full member

Activity: 280

Merit: 100

I love crypto

There are actually some alts that have grown this whole time. One of them grew 18% while bitcoin went up the last 12 hours. Its my new sparkling gem.

KylesmomisaB

full member

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Merit: 100

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Quote from: jaitor on October 12, 2017, 11:38:21 PM

Now if ever is the time to buy altcoins.
Why wouldnt you sell altcoins into bitcoin when you see the strong move that btc made on its first leg of the wave?
It was a warning to everyone. Investing in alts would definitely pay off later on.
Buy them now. If you have them, think about the buyer's mentality, they would definitely pick some up at this point so dont sell.
HODL

Pretty good advice but considering most people probably went all in earlier or dont have any more btc to move. That and the shock of the market will make people more risk averse and want to curl up like a ball. I have little

btc behind and I would rather it grow in value then me put it in another alt and get whacked. Timing was definitely bad as it was the tail end of a bull run but somebodys gotta buy that top am I right? Wink

marados

member

Activity: 406

Merit: 10

Quote from: yonton on October 12, 2017, 10:25:43 PM

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

Yeah, I'm in the same problem. But let's just wait and be patient. Surely time will come and probably in couple of weeks when price of BTC will go down and altcoins will shoot back up! Probably after BTC hard fork that is sheduled on 25th of October! Just be patient!

Zakhal

full member

Activity: 280

Merit: 100

I love crypto

Altcoins are the best investment. When bitcoin goes up 7% altcoins drop 30%. When bitcoin stabilises altcoins go up 20-30%. Much bigger profits. Many altcoins rocketed up right after bitcoin rise stopped this morning.

Of course you have to buy quality coins not shitcoins, but thats not hard. Just have to study a little bit.

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: yonton on October 12, 2017, 10:25:43 PM

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

Bitcoin is like gold standard for other cryptocoins and because of this it has been wise to keep all your coins or fund in bitcoin. But there are some altcoins that you should invest but don't hold them for long. Currently bitcoin is on the up trend momentum and altcoins are falling and when bitcoin is falling you will see them felling again because of the influence of bitcoin on them.

Bittoshi

full member

Activity: 280

Merit: 100

Only a few alts like Ardor are currently rising like BTC. But this will change in a few weeks. Until then stay strong and hodl or buy more alts at the low price. Once money flows back into alts you will see nice results.

yonton

sr. member

Activity: 854

Merit: 262

I just can't fathom alts going any lower than this. BTW were not talking about pump and dumps or small cap shitcoins here. Were talking about longer term (4-5 months) the top 20 alts.

krazy89

full member

Activity: 266

Merit: 101

i went all-in in one altcoin 3 days ago , and its fucking green now, just stop invest in pump and dumps coin , you'll be fine Roll Eyes

yonton

sr. member

Activity: 854

Merit: 262

Quote from: joshuajones02 on October 13, 2017, 12:21:21 AM

buy low sell high... lol how hard is that

altcoin prices are low, find some good ones that have hit rock bottom and figure out some good profit spots to sell at when this new money leaves BTC for profits and comes into the alt coin market for cheap alts

Alt coin prices seemed very low 2 months ago and 3 months ago lol

goshay97

jr. member

Activity: 223

Merit: 1

I know the feeling...
There must be something wrong with me, probably sick in the head, when I see all that red, it makes me want to buy the dip and get more.

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