Bitcoin Forum

The people just getting into the space right now really missed the boat by just a few months. Every price is sky high compared to what they were 2-3 months ago even. Better off to stay on the sidelines right now and wait for another correction before getting in the game? These prices are nuts for everything

Good mutual funds return about 10 - 15%.  You can't beat that daytrading in this market?  Get rich quick attitudes are foolish.

Day trading really kill the momentum of each coin. They only think for themselves to earned a small profit and didn't care if they are destroying the crypto.

That's just a stereotype of some people who do it.  It's a morally neutral profession.  Buy low and sell high is how things work.  As long you are honest and encouraging, what's wrong with it?

there are still some altcoins that have been flying under the radar of the pumpers so they still have the chance of getting pumped, but i generally agree with your statement/question here!
it is safer to stay on the sidelines and watch the market to get in after the dumps ended because things are getting risky every day that the bubble stays un-popped.

fuck off with your get rich quick attitude, it's absolutely repulsive. and yeah, keep waiting another couple of months so that crypto will grow even more and you'll regret not buying now

No one has missed any boat whatsoever. Altcoins that have potential will keep rising.
Plus there are many under-$1 coins that have huge 10x potential, if one can be patient and hold.

There are still altcoins that have not been touched by the group of pumpers. So yes the potential will keep rising specially if they have been pumped. So I guess we need to buy when the price is still cheap hold on it and hope that pumpers will pick it up and do their thing to pump it and before the bubble burst sell your coins to gain good dividends.

We have to trade on the right side of the graph, not left. Who would say, BTC will go such high? Well, some yes, some not. If the market cap will reach 500Bn, then today there is still chance to get on the train, even though,sure, a f* lot of coins did 100fold last month.
100fold !!!!!
It's like Monaco winning Euro!!!

At this point non of the coins have any applicable use till security is addressed and use is better implicated. The spread between BTC and the rest of the Alt-coins makes believe you're incorrect. I do not believe this market will react like the commodities market and will not stabilize till the fist to points I mentioned are addressed.

People need to start looking for ways to better secure wallets and safe harbor coins from theft. Till that's addressed the full potential of this technology will be little more than a science experiment. I'm saying that as someone outside the software industry who's looking at this technology as a consumer.

It's still too difficult and complex for the average person to take advantage of. But better interface and better software will come. When it does, this will be insanely more valuable. I believe bitcoin is honestly too rare. This will be huge. It has a long way to grow.

I'm still waiting before I invest more than a few hundred. I still have a lot to learn.

If you're looking to get your feet wet right now I'd stick with the main players (BTC, ETH, etc.). Stratis has a chance to do decently well (although I don't personally believe it'll ever overtake the top projects). NEM seems like it's performed well for months now. etc.

If you're looking for the next 1000x return, who knows. If everyone "knew", 1000x returns wouldn't be possible (everyone would jump in right away and then the price would stabilize).

Your best bet is to invest in projects that you like (you feel like they address current issues of mass adoption, financial/economic stability, privacy, etc.). If they truly revolutionize one of those areas, you can bet people will notice and buy into it, rewarding your loyalty.

For instance, as far as new projects I currently have my eye on Bancor (eliminates the need to deal with exchanges and simplifies the process of buying/selling crypto), CoinDash (for those who want to stay in an exchange ecosystem, gives a ton of neat features/tools and seems to provide way more data than currently available), and Status (basically an Ethereum app store with a lot of neat web/chat/social features, will hopefully make it much easier for newcomers to discover everything they need to get started without having to search across 20 different websites/forums).

If I invest in those, it'll be because I want them to succeed, not because I'm looking for a quick profit. If they happen to actually succeed and take off, I'll be rewarded. That's how it should work IMO.

Well, at first, I think ltc is still really cheap although its price is 5 times as big as it used to be for a long time. This is still a good investment, still a great chance. And don't forget that there are many really cheap coins right now about which we mostly don't even talk but one of them might appear to be the one and the price will become sky high. A very easy example is ripple about which we do talk but the price is a lot less than 1 dollar. There are also other coins about which people who studied them more attentively say that they have really big potential. I am talking about coins like Waves or Digitalcoin.
I'm saying that now might be a great time for investments but the problem is that it is hard to understand in what to invest from all these now worthless coins.

waves has already jumped up 10x in the last month and is in the top 10. Certainly not cheap and not forgotten about

Any coins that are truly forgotten about/undervalued?

There are always some good values out there. Just need to look. Look for a good community, dev, solid roadmap, and a realistic use case.

darcrus/mercury, ark, wings, nexus, shift, block, wbb (though do not like flip flopping with concept), safex, coval. pls do not buy any of these coins tho since i am not yet in all of them

i'm not advanced enough to know if they are actually undervalued or if any coin is, but these will go up more i think

There's always the possibility of shorting the market as well now that several exchanges offer margin facilities.

doing margin trading on this shit seems like the worst idea in history for 99.9% of people, but if you're that one genius who can do it you have to and should do it

i'm presently leveraging my life on a short on herbariumcoin

Most of the coins you listed have already pumped to the moon

Darcrus has doubled in the last week
Wings has doubled in the last week
Block has 4x in the last 3 weeks

I agree.. No one missed the boat. The price will come back down be sure of that! then people will jump back into the market the real issues right now regard transactions. sooner we get segwit on the go the better the network will be..

I also think there is massive potential in some of the alt coins.. possibly bigger potential that bitcoin has to be honest. will they ever reach the same value as bitcoin.... Only time will tell..

and stratis has 50x this last 3-4 months. so doubling or going 4x is not "moon". block, shift and wbb have very low supply. not saying any of these are stratis level but probably still will earn 5-25x or more for people investing now with some patience

I sort of agree with OP's statement, but only because I think most of the stuff on the market right now is total crap--so it's all overvalued IMO.  Yeah, you could have made some money if you'd bought these shitcoins a few months ago, but they're not worth buying in the first place.  And there's also nothing to stop them from going higher than they are, so you just never know if it's too late.  I think it's too risky.  That's the reason you won't catch me buying ETH or any of the thousands of others.

Darcrus has doubled in the last week
Wings has doubled in the last week
Block has 4x in the last 3 weeks
[/quote]

You just added evidence to support his opinion. Those are already up.

I believe others will continue to go up. What I don't believe is that we'll see the top 100 go up like the past month provided. It will be a much smaller percentage of the market.

Check out posw and insane.

I have quite some money riding with ICN, and I'm pretty confident in that project. The token is nicely tied to the project success since a buyback program will be funded with the profits from the Iconomi platform, which will help maintain a high token price. Maybe more ICO projects should look into something like this. Also already have made a X10 since the ICO last year.

Its true many coins have been pumped in recent days. If you buy a currency that just pumped 300% in a few days you run the risk of catching a falling name when the whales sell out to lock in profits. Nonetheless there may be a few values hiding in plain sight if you look at the microchip junior currencies.

Artbyte (ABY) - $4.3m market cap, tipping currency for artists, models, photographers, writers, musicians, etc
Voxels (VOX) - $1.4m market cap, currency to pay for virtual reality assets , run by the former founder of CNET
Boolbery (XBB) - $1.9m market cap, uses the CryptoNote protocol used by Monero
Counterparty (XCP) - 32m market cap, exchange allows you to create tokens on the BTC blockchain, use cases include PEPECASH, FoldingCoin, Spells of Genesis

Bet all on SuperCoin https://bitcointalk.org/index.php?topic=1947060.0

I would wait until next big dump, jumping in now to any coin for long term seems to be too dangerous to me.

That probably won't be for weeks/months - and the dump will only be a fraction of the last month's gains

We are just started on the altcoin bubble. It has a long ways to go yet, we are no where near the peak. I have been tracking the buy support on Polo and Bittrex, it is still going up a lot. The number of many coins to be sold has actually been decreasing, which means that people are moving them off the exchange.

For instance, despite Myriadcoin doubling in just the last few days, price support has gone from 29 BTC up to 72 BTC. The amount of coins for sale has dropped from 106 M down to about 60 M.

Golos has been doing a slow steady rise and will probably become a future major coin in the future due to it's Eastern European emphasis.

Dude so wrong. Wings is an easy double from here before any resistance. Lots of other ops but wings is def th best.

Well this is exactly why trading is risky for so many..You can't exactly predict the future — if you don’t buy now, price may keep going up and you miss that opportunity. If you get in when bubble bursts you wait for another big uptrend  to sell.