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Title: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - Post by: burnum on January 01, 2018, 04:32:53 PM Hey Everyone,
Here is a list of 20 crypto's I just spent $50 apiece on for a noob traders experiment and a little New Years fun, I spent roughly 0.00384919 on each crypto listed while they were listed in red, What do you think could be learned from this "buy the dip" approach? Any and all critique or suggestions on strategy of buying coins when they are trading down are welcome here. My picks were basically based off of my familiarity with the crypto - but still quite random - In the order I bought them in Total Crypto's 1. CannabisCoin 174.52577 2. DopeCoin 261.19503 3. Verge 331.56949 4. OmiseGO 2.68645 5. HempCoin 87.26288 6. Humanique 106.95172 7. Waves 4.20474 8. Viberate 130.37579 9. Breakout 107.88331 10. ADA 75.06484 11. Salt 4.26088 12. Rise 40.99911 13. MonaCoin 5.48509 14. FunFair 553.25173 15. Monaco 3.42677 16. CureCoin 69.75957 17. Digibyte 775.67010 18. Decentraland 528.13851 19. Bitcoin Cash 0.02184 20. Ripple 26.90656 Happy New Year All! Title: Re: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - Post by: burnum on January 01, 2018, 04:33:16 PM Thanx! to Anthony1985 for his experiment that started to get me thinking.
https://bitcointalk.org/index.php?topic=2613453.msg26590391#msg26590391 Title: Re: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - Post by: cryptopuma on January 01, 2018, 04:37:17 PM Most of the coins you listed has upcoming fundamentals and thats very cool decision,i am holding these coins too except salt mona and curecoin.
Title: Re: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - Post by: meer45 on January 01, 2018, 04:41:11 PM I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions.
Title: Re: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - Post by: burnum on January 01, 2018, 04:53:38 PM Most of the coins you listed has upcoming fundamentals and thats very cool decision,i am holding these coins too except salt mona and curecoin. I am glad to hear it, I bought strictly in the red so they may have been on the way up or down I did not use charts for my decision - took awhile to click through and get all the buy's done too. I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions. I think from my position I will hodl untill a very nice rise is seen, if one goes 10X I won't be able to help myself and I most likely will take profit. Title: Re: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site - Post by: Juzion on January 01, 2018, 05:31:56 PM Hey Everyone, Here is a list of 20 crypto's I just spent $50 apiece on for a noob traders experiment and a little New Years fun, I spent roughly 0.00384919 on each crypto listed while they were listed in red, What do you think could be learned from this "buy the dip" approach? Any and all critique or suggestions on strategy of buying coins when they are trading down are welcome here. My picks were basically based off of my familiarity with the crypto - but still quite random - In the order I bought them in Total Crypto's 1. CannabisCoin 174.52577 2. DopeCoin 261.19503 3. Verge 331.56949 4. OmiseGO 2.68645 5. HempCoin 87.26288 6. Humanique 106.95172 7. Waves 4.20474 8. Viberate 130.37579 9. Breakout 107.88331 10. ADA 75.06484 11. Salt 4.26088 12. Rise 40.99911 13. MonaCoin 5.48509 14. FunFair 553.25173 15. Monaco 3.42677 16. CureCoin 69.75957 17. Digibyte 775.67010 18. Decentraland 528.13851 19. Bitcoin Cash 0.02184 20. Ripple 26.90656 Happy New Year All! Just wait and trade ;D |