Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: chakhigh on November 30, 2018, 10:39:59 AM



Title: Accumulating, good or bad?
Post by: chakhigh on November 30, 2018, 10:39:59 AM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?


Title: Re: Accumulating, good or bad?
Post by: supine on November 30, 2018, 10:42:39 AM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?

It all depends on what altcoin are you going to buy and hold for a long-term. Some altcoins die and lose demand after a year or two, you can also earn a lot of money if you will buy good altcoins for a long-term hold. The market price today is really cheap, that is why it is best to accumulate your moon bag now.


Title: Re: Accumulating, good or bad?
Post by: dinoloverpete on November 30, 2018, 10:45:40 AM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?

Now is a great time for accumulating gradually, buy now and in any future dips and you'll have a very good entry point. The market will recover eventually and even if it can only grow to half of the last ATH that's going to be a very considerable profit for you.


Title: Re: Accumulating, good or bad?
Post by: passeroutpass on November 30, 2018, 10:51:34 AM
but if you are a trader, then you can make much more profit than by investing for a long time in some projects.


Title: Re: Accumulating, good or bad?
Post by: khufuking on November 30, 2018, 11:05:07 AM
when it comes to Crypto the more you spread the bags of what you are holding the better, but it is also wise not to just go buy any coin/token for the sake of spreading your bags. So if I know for a fact that there is a number of strong coins/tokens and I have to pick between buying in just 3 of them or to spread my money as much as I can, I will definitely choose to spread my money in more than 3 coins/tokens as long as they are as good as each other.


Title: Re: Accumulating, good or bad?
Post by: batang_bitcoin on November 30, 2018, 11:11:46 AM
Your idea and is good and I've read about it before.

But that's not easy the way you think, you need to get into those altcoins that are really good enough not only from the beginning but also for the next years to come. You can have this experiment and try it for few coins but do it only with your spare money and don't ignore to have the top coins while you do it so no time wasted.


Title: Re: Accumulating, good or bad?
Post by: kamar25 on November 30, 2018, 01:25:01 PM
it is mostly done by highly professional investors, and there is no panic in sales, it is a very good and worthy strategy to try, except always look at the market every second so that it causes stress, so that a sense of panic arises.and finally sell all tokens whose prices are crashing


Title: Re: Accumulating, good or bad?
Post by: moschinot on November 30, 2018, 01:30:10 PM
This is a very good strategy in the cryptocurrency market which will bring considerable profit in the prospective investors.


Title: Re: Accumulating, good or bad?
Post by: Galantin on November 30, 2018, 01:33:31 PM
Good strategy. Well, I think they do a little bit differently. Two years is too short. I think they can sell earlier if the project has completed its tasks. Let's say if the coin went up in X3, investors can sell it to end the profit and continue to invest in other projects.


Title: Re: Accumulating, good or bad?
Post by: thefoex on November 30, 2018, 01:38:11 PM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?

I think this might be a good suggestion. but all of that can succeed depending on the project if the project can develop within 2 years, you can get very much profit. but what if instead, the project has no development even the development team seems to be less focused. Are you sure if a situation like this can get profit?

the more money you invest the greater the loss you will bear later, and 2 years is a very long time. so I don't think this is a good choice.


Title: Re: Accumulating, good or bad?
Post by: DikkieD on November 30, 2018, 01:39:00 PM
To each their own strategy. I wouldn't dare risk that much $$ on only a few projects. Even the 'best' ones with seemingly the highest potential can still go down the drain. I mean, look at VET. Real world adoption around the corner. So much backing and so much developments, but those that got that 1m bag are getting restless at this moment. Maybe better to try and get smaller bags so the risk is spread better. Would be a shame to see the ones you didn't invest in go totally nuts :).


Title: Re: Accumulating, good or bad?
Post by: Maxre on November 30, 2018, 01:44:04 PM
good or bad no one can guarantee because it all depends on the alt coin you invest.
because not all altcoin will continue to grow as we want but some are made of expectations.
even though we are entering a strong project, it is not certain that in the future the project will continue to progress if we see the amount of competition that occurs in the crypto world.


Title: Re: Accumulating, good or bad?
Post by: Garrixx on November 30, 2018, 01:45:21 PM
this method has no chance of success, since most likely all your coins will lose value and leave the cryptocurrency market


Title: Re: Accumulating, good or bad?
Post by: Perkovic on November 30, 2018, 01:54:15 PM
this is probably the easiest way to make good money in a cryptocurrency market. but you need to consider that you have to wait for profit of about 3-4 years


Title: Re: Accumulating, good or bad?
Post by: casperBGD on November 30, 2018, 01:56:21 PM
this is probably the easiest way to make good money in a cryptocurrency market. but you need to consider that you have to wait for profit of about 3-4 years

there is uncertainty in that model, but if you believe that crypto will go mainstream in 3-4 years, accumulating is the best way, just peak different coins and believe in them


Title: Re: Accumulating, good or bad?
Post by: Kawshies on November 30, 2018, 01:56:57 PM
This Strategy it's like you're eating a food that's not known to contain poison or vitamins. It depends on your decision to eat it or leave it. If containing those vitamins will benefit you, if containing poison will harm you. the food it's like you'r investing for long term and the vitamin or poison it's like what you get in the next 2 years. Good or bad depending on the outcome later.


Title: Re: Accumulating, good or bad?
Post by: Yabuy92 on November 30, 2018, 03:19:39 PM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
there are 3 types of trading players, short, medium and long term types as you say, of course all are at risk. if you are a long-term player we are advised to be patient but most importantly when you enter when we start buying don't we buy at high prices once we wait for years instead experience a decline and we will lose a lot of money and time


Title: Re: Accumulating, good or bad?
Post by: accounting 181293 on November 30, 2018, 03:26:38 PM
I think this is a crazy plan. buy cheap coins and hold them for two years or more. this plan is very risky, and only fools want to do it.


Title: Re: Accumulating, good or bad?
Post by: xuv500 on November 30, 2018, 03:32:08 PM
but if you are a trader, then you can make much more profit than by investing for a long time in some projects.

Not onlyt the traders, guys those who have intrested for longterm can also proceed to invest in any coin. yes this is the right time to invest in crypto currency as the market had dropped multiple times down. make use of oppurtunities than selling.


Title: Re: Accumulating, good or bad?
Post by: jt byte on November 30, 2018, 03:37:25 PM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
If you believe that blockchain technology and cryptocurrencies have future, then buy cheap as much as possible and sell after new ATH ;).
But the problem is that crypto has to grow again and this is pretty uncertain right?


Title: Re: Accumulating, good or bad?
Post by: Aneuk cabang on November 30, 2018, 03:40:10 PM
of course indeed the moment like this is a great opportunity to continue to buy or add as many crypto assets as possible. but also have to pay attention to the highest chart of the altcoin that will be purchased, because it is a reference when the price rises, if in the event of buying without regard to this then the movement will cause losses.


Title: Re: Accumulating, good or bad?
Post by: rika0223 on November 30, 2018, 03:42:36 PM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
I think that collecting and holding it for a number of years will be very profitable for investors, so from now on to buy and hold it first, it will last for several years, then you will get rich


Title: Re: Accumulating, good or bad?
Post by: ausbit on December 03, 2018, 09:14:00 AM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
It is a good idea if you think the prices will go up but it is a bad idea if you think prices will go down. That is the most simple way anyone can answer that question for you, if a person is saying "it is a good idea to accumulate" they are trying to say get as much as you can right now because the price will go up or if anyone is saying "accumulating is not a good idea" they are basically saying the price will go down.

Hence all of this comes down to the original question, do you believe the price will go up or will it go down? Depending on your answer to that question you will have the answer to your own question. I believe it will go up and thats why I work hard to accumulate as much bitcoin and ethereum as I can afford so I can take advantage of it when the prices go up.


Title: Re: Accumulating, good or bad?
Post by: Priyank9871 on December 03, 2018, 09:33:41 AM
Well its depends upon which altcoin you choose to accumulate , accumulate is always good when price down... high chances to get the good return


Title: Re: Accumulating, good or bad?
Post by: Kekkins87 on December 03, 2018, 11:42:24 AM
the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalk.org/index.php?topic=3028302.0... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers


Title: Re: Accumulating, good or bad?
Post by: auroboros on December 03, 2018, 11:50:46 AM
Long-term investment is only for people who are patient and have capital in addition to crypto currency, but if I, I would prefer a short-term investment because it is more profitable, with scalping trade techniques we can certainly make a profit every day


Title: Re: Accumulating, good or bad?
Post by: ambisyon on December 03, 2018, 12:23:05 PM
I believe that long term investment is a wise strategy and the best time to buy btc and alts should be in bear market where price value is low. Long term investment which took almost 2 years in the waiting is really a long time. I think that these people who had preferred on this strategy should have enough capital and willingly able to openly accept what for ever happens in the crypto market as the years passed by. Considering that cryptos will recover in the near future and people were able to buy btc and alts this time, rest assured that they may able to gain a very promising profit.


Title: Re: Accumulating, good or bad?
Post by: tamango on December 03, 2018, 12:26:21 PM
I agree with you and that's why I'm actually doing. I built a well diversified portfolio with most of top 20 crypto, even if there is a % dominance of Bitcoin and Ethereum. In that way I think that standard deviation reduce so risk is better diversified for a long term holding.


Title: Re: Accumulating, good or bad?
Post by: cryptofunn on December 03, 2018, 12:30:17 PM
probably it all depends on what stage of the market you enter. Now is a very good time to enter. After all, we are getting closer and closer to the denouement of the situation on Bitcoin. With its turn, the altcoins will stop falling into hell and begin a gradual growth at the growth stage.


Title: Re: Accumulating, good or bad?
Post by: Emilyp on December 03, 2018, 12:32:45 PM
It has its demerits and merits, one, there's no certainty that any invested amount will yield return on investment in the foreseeable future. But if one has to invest, I'd suggest investing in a number of coins instead of 1 or 2 coins.


Title: Re: Accumulating, good or bad?
Post by: lionheart78 on December 03, 2018, 12:33:14 PM
Accumulating is good as long as you are accumulating potential and promising project's token.  Market of cryptocurrency especially altcoin market is still very young. There are lots of tokent listed on coinmarketcap that are just starting.  So getting as many token or coins of these kind of project is a good investment. It will grow in value once the roadmap is realized.


Title: Re: Accumulating, good or bad?
Post by: Alliipp on December 03, 2018, 12:36:57 PM
I want to know how you connect risk with profit?
What are the factors determining for you to sell or buy coins?
How many of you are trading short term?


Title: Re: Accumulating, good or bad?
Post by: ned.ryerson on December 03, 2018, 01:12:35 PM
I am sure that such a strategy is taking place. but how good it is, everybody will assess by the results of using this strategy.


Title: Re: Accumulating, good or bad?
Post by: Jamesdila1 on December 03, 2018, 01:21:12 PM
always i like to be diversified and its a good strategy. always do not buy too much low cap coins. because its too risky. buying coins from top 50 coins list of  coinmarketcap will make you safe. but no need to hold 2 years as a rule. you can sell after reaching some good profit amount.


Title: Re: Accumulating, good or bad?
Post by: kimjenglot on December 03, 2018, 01:34:15 PM
It has its demerits and merits, one, there's no certainty that any invested amount will yield return on investment in the foreseeable future. But if one has to invest, I'd suggest investing in a number of coins instead of 1 or 2 coins.
I agree with your suggestion, by investing in several coins it is more promising than just one coin, because we have other choices if the assets we have are in a bad position, so we can see the development of other coins that we have


Title: Re: Accumulating, good or bad?
Post by: ngacengan on December 03, 2018, 03:55:33 PM
That calculation can give you a lot of benefits, you have to be able to control the patience you have to be able to apply that strategy and not to sell at a cheap price.


Title: Re: Accumulating, good or bad?
Post by: Cryptodiscuss on December 03, 2018, 04:01:47 PM
I tried that strategy many times and its not easy as it seems. Many times my coin jumps 10x and I sell bit by bit, and then try to buy back when it falls, sometimes successful but I always end up selling all and waiting for that dip, and dip dont come, price just go upwards and newer come back. And when all market crashes in bear run, I usually don't have any usd to buy, because on half way down I already spent all on "good buy opportunities"... NOT EASY!


Title: Re: Accumulating, good or bad?
Post by: shirackjs on December 03, 2018, 04:05:35 PM
Personally I prefer to invest as I go, that is when I will buy a coin when I see the project has potential.  And keep accumulating the few coins in my bag whenever I have spare cash. Currently, I have about 12 coins that I am always accumulating.


Title: Re: Accumulating, good or bad?
Post by: Orenonex on December 04, 2018, 10:43:02 AM
It all depends on how much you invest and what you invest in. I don't invest all my money in cryptocurrency, but I also keep dollars. Investing in a crypt, I chose 4-5 coins, you need to try to reinsure the risks.


Title: Re: Accumulating, good or bad?
Post by: babsjoe on December 04, 2018, 10:45:59 AM
It is not brainer, when you accumulate cheaply, you are doing the right thing and you are positioning yourself to take advantage of bull waves when it happen. You will so please with yourself that you bought at the time you did!


Title: Re: Accumulating, good or bad?
Post by: Ailmand on December 04, 2018, 10:55:55 AM
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?

Accumulating is good, if what you are going to accumulate are altcoins with good long-term potential. Take note, that most altcoins nowadays are dying, and we don't know if it will still bounce back once the market starts recovering. So, invest and accumulate wisely.


Title: Re: Accumulating, good or bad?
Post by: acheampong64 on December 04, 2018, 11:01:43 AM
 accumulating is very good but only if you accumulate what's worth accumulating. If you just buy anything anywhere you might end up with a load of coins worth nothing and you wouldn't be able to do anything with it lol.


Title: Re: Accumulating, good or bad?
Post by: masterkiller on December 04, 2018, 11:15:42 AM
If you see a market situation that is currently experiencing a massive price decline, of course we can use it to start investing for long-term conditions, because we will not know that maybe the altcoins we have will be more valuable than Bitcoin, and we won't know in the next few years we will be billionaires because of something we think is small at the moment


Title: Re: Accumulating, good or bad?
Post by: Korkorjkk on December 04, 2018, 11:30:36 AM
I think it is better to diversify your holdings and not invest in only one coin.  Long term holding is good and you can accumulate much profit but it will be better if you invest in more than one coin so that you can share in both profit and loss.