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Bitcoin => Bitcoin Discussion => Topic started by: davidcarpediem on March 13, 2021, 02:16:52 AM



Title: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davidcarpediem on March 13, 2021, 02:16:52 AM
Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davidcarpediem on March 13, 2021, 02:38:00 AM
 just to add now i am cash at 70 %  and still have 30 % in alt  5% in ETH ...12%  in bnb it save me  by doing a x40 so that a form of respect ..
and the rest trying to get ride of it  , but lot are dead :(


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: aoluain on March 13, 2021, 07:32:11 AM
I dont fully understand, do you have 70% in Bitcoin or is it all in ALT's?
I dont do ALT's anymore, most would suggest 10 to 20% in ALT's & the rest BTC.

There will be plenty of price corrections to come but nobody knows
when that will be. We already had a 20% correction at the end of Feb.
There will almost certainly be dips before key price
points like $60k, $70k etc.

Quote
be patient and wait the famous correction .....
I take it you mean like 2017/2018, There are a lot of people who think
that same kind of "crash" will happen again, Why? There are different
investors this year, investors not interested in selling only buying.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: bL4nkcode on March 13, 2021, 09:18:46 AM
I would only suggest invest alts that are in the top 10 on CMC.

Check
- BNB, ath at $330, currently at $260
- DOT, ath at $38, currently at $36

These 2 are new in the top 10 list and have huge potentials.

Not a fan of ETH but you can try it as well, probably it will go back 2k, currently at 1.7k.

Yet, don't forget BTC, $60k is inevitable with its current price, just hold at least 6 months.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: nelson4lov on March 13, 2021, 09:29:24 AM
It's still profitable to invest in alts regardless of how far the market has gone but you have to be very selective about which alts to buy since there are so many and most of these alts are at their alk time high prices without a clear cutout path of where its heading next.  I would suggest that instead of buying alts that been trending up, you should check out those that are yet to make big moves. What that means is that you should consider altcoins that aren't in the top 10 list too.
 
Lest I forget, in order not to make the same mistake in the past, I highly recommend that you take some risk management lessons so that you would strategize better if the market decides to take a dive like it did in 2018.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davidcarpediem on March 13, 2021, 10:27:06 AM
Thanks guys to your effort to answer me.  Love to know how you manage you portfolio and how many % in BTC
for sure i will be more selective with my ALT .. and  try to start to get BTC  by buying DCA ,unless a dip happen and i will invest more
... i will  listen the pro  at bitcointalk ... will not do same mistake again, it cost me a lot ...

waiting your strategy  guys ..thanks again


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Poker Player on March 13, 2021, 11:46:06 AM
The way you write doesn't sound like a guy who has almost half a million dollars to invest. Unless you inherited them or hit the lottery.

I go 100% Bitcoin. Anything else is shitcoins. The best thing you can do is buy Bitcoin and hold. Don't touch it for at least 4 years. But it's your decision.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Coin_trader on March 13, 2021, 11:51:38 AM
Thanks guys to your effort to answer me.  Love to know how you manage you portfolio and how many % in BTC
for sure i will be more selective with my ALT .. and  try to start to get BTC  by buying DCA ,unless a dip happen and i will invest more
... i will  listen the pro  at bitcointalk ... will not do same mistake again, it cost me a lot ...

waiting your strategy  guys ..thanks again

Percentage is always up to you. Just make sure that BTC has the majority percentage on your portfolio and that's good to go. DCA during dip is the best strategy on this kind of bull run. Try to use Kucoin Bot for DCA or  Swing trading so that you can save time on trading using this kind of strategy. Kucoin bot is free so better to use that instead of doing manual trading.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davis196 on March 13, 2021, 11:52:36 AM
The way you write doesn't sound like a guy who has almost half a million dollars to invest. Unless you inherited them or hit the lottery.

I go 100% Bitcoin. Anything else is shitcoins. The best thing you can do is buy Bitcoin and hold. Don't touch it for at least 4 years. But it's your decision.

Yeah,it doesn't make any sense.This guy made 450K USD by trading altcoins and he wants advise from other people about how to trade and when to buy. ;D I would ask him for advise(if he is truly legit),rather than giving him my advise. ;D
I don't believe that he made 450K USD just buy HODLing a bunch of altcoins for three years.We need proof.
 


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: aioc on March 13, 2021, 12:10:00 PM
My 2017/2018 altcoin boom was favorable to some but above all investing in bitcoin with a high percentage of you fund is the ultimate, because investing in altcoin for a long term is a risky game because altcoin can easily be pump and dump because the market is small.

Newbies are very attractive to altcoins because they want to be whales or hit a jackpot on those altcoins when it gets pump or the project developed. but not all altcoins will succeed some of them will take time, only Bitcoin is the best coin to have in your portfolio it should have a high percentage, altcoins are risky to invest.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davidcarpediem on March 13, 2021, 12:14:09 PM
Yeah,it doesn't make any sense.This guy made 450K USD by trading altcoins and he wants advise from other people about how to trade and when to buy. ;D I would ask him for advise(if he is truly legit),rather than giving him my advise. ;D
I don't believe that he made 450K USD just buy HODLing a bunch of altcoins for three years.We need proof.


I went with 200K usd in 2017 ...so my performance is very bad , not proud of it . i invested in many shit coin around 50 ... you can look my hold message in bitcointalk  ... and to be honest i make  the max of my profit with just 2 coins BNB i brought 7 usd.  and ADA at 0,10

you can    check i think
0x99b1D3506F9356540E456620d1FaDf7e511b4fcC this my piublic ERC 20

dont know why if i lied i prefer say i invest 20 000 usd .... I was very bad ... the only good point was to not open and not see anything before 2 march 2020


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davidcarpediem on March 13, 2021, 12:20:02 PM
The way you write doesn't sound like a guy who has almost half a million dollars to invest. Unless you inherited them or hit the lottery.

I go 100% Bitcoin. Anything else is shitcoins. The best thing you can do is buy Bitcoin and hold. Don't touch it for at least 4 years. But it's your decision.

Sorry man but went in indonesia with 20 000 usd  and open a small cafe  now 20 years later i have few business who was doing super good ...and then corona 90% down but this will come bask ...so no lottery or heritage . my parents did borrow 15 000 USD and 15 years later i offer them a house 250 000 USD... anyway  who cares ... carpediem

Check
- BNB, ath at $330, currently at $260
- DOT, ath at $38, currently at $36

BNB is my life saver in CRYPTO so i will keep 12%  of my portfolio for him ..without him , i will not have portfolio ...plus i love the exchance binance and i saw few interviews of CZ and i love his future planning  

Lest I forget, in order not to make the same mistake in the past, I highly recommend that you take some risk management lessons so that you would strategize better if the market decides to take a dive like it did in 2018.
very good advice thanks

Hard to start my  DCA buying the day of BTC did his ATH   ::)


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: bL4nkcode on March 13, 2021, 04:43:07 PM
Check
- BNB, ath at $330, currently at $260
- DOT, ath at $38, currently at $36

BNB is my life saver in CRYPTO so i will keep 12%  of my portfolio for him ..without him , i will not have portfolio ...plus i love the exchance binance and i saw few interviews of CZ and i love his future planning  
Anyone who's holding BNB will continue to get profit. Ignore those bitcoin maximalist and don't hold for long like 5-10years, not unless your financially independent, and you should balance and diverse your funds at least those coins in top 10 on cmc.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: fiulpro on March 13, 2021, 05:03:49 PM
Today bitcoins crossed 60k mark, I do believe that we did make history. At the beginning we were happy with the 20k even the 30k that Bitcoins did reach but due to covid the institutions did use this for their own purpose causing the value of Bitcoins to burst much. What we are seeing now is a slow and steady growth, it's not sudden and definately it did not happen overnight. I do believe that there was a huge difference between the 2017 situation and the situation we are in right now. That did set a bar and we did know that Bitcoins will rise but it was too sudden , right now it's going slowly, step by step ! Which indeed is a big deal for us since every stop and decrease is giving people the opportunity to go and invest. I do believe that everyone does not have such money as you say lying around but still  they can use Bitcoins to engage strategically in jobs around the world and use it as a currency or a mode of payment for their commodities or for their services, either way it can help you a lot, you just have to find how?


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Rengga Jati on March 13, 2021, 05:10:27 PM
-snip-
You were here since 2017 by investing that much money and got many losses because of it.
Well, I wonder why you don't learn from your own experience?
I don't think that investing again in most altcoins is good.
I also agree to make diversification on our funds, the percentage for Bitcoin and Ethereum is a must to be done because they are the most valuable coins (IMO).
But, if you want to spread more to some altcoins, I think that it is safer to put into some top coins that have good fundamentals.
so far, I love BNB, DOT, SXP, and also Zil. However, sometimes, we can also see a chance when there is a good issue about a coin and we can put small money into it to get short investment for profits.

Sorry man but went in indonesia with 20 000 usd  and open a small cafe  now 20 years later i have few business who was doing super good ...and then corona 90% down but this will come bask ...so no lottery or heritage .
Yeah, in Indonesia, 20k USD is a high amount.
So sorry to hear that, this pandemic really makes a big influence on income.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: kryptqnick on March 13, 2021, 05:46:17 PM
Compare the current price with the ATH to assess whether it's worth a risk. If the current price is the ATH, I wouldn't invest (but you make your own choices, of course). If there was an ATH a long time ago, and then the price not just dropped significantly, but totally went down to miniscule numbers without major changes afterwards, I wouldn't risk investing because it's probably a shitcoin that will never rise again. The prices are generally quite high now, so I think it's best not to invest and to wait for the inevitable explosion when the prices decrease at least by 50%.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: TedMosby on March 13, 2021, 05:46:54 PM
So your profits is $250k right? I need to read your post twice  ;D

$250k in profits from $200k of investment is pretty decent. More than 100% in just 4 years.
Still better than value investors who gains 10-20% annualy.

I’ve checked your wallet address, and yes you have many sh*tcoins that didn’t go well in the past.

Personally, I will take 60% for btc, eth, and top cap alts, 10% for speculation, 20% for the dips.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: jrrsparkles on March 13, 2021, 05:58:04 PM
just to add now i am cash at 70 %  and still have 30 % in alt  5% in ETH ...12%  in bnb it save me  by doing a x40 so that a form of respect ..
and the rest trying to get ride of it  , but lot are dead :(
Keep the cash and wait for the dip, the dip is not about the percentage, its about the gradual price decrease for very long time which may last for year as er the stats, so we are not at peak and its definitely not a good idea to invest now because you could end up doing the same mistake again like invested at peak of 2017.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: batang_bitcoin on March 13, 2021, 11:40:27 PM
If you still have made profit be contented on it and just move on and look for another opportunity. Many on that year and bull run were careless and didn't took profits because the market was too good. And on this bull run, many have already sold lower than the price than we have today because from learning that mistake. It will be repeated again because the market keeps on growing as it does. Put yourself into the mind condition that you're okay to buy at the current price and sell it when it becomes higher.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Sithara007 on March 14, 2021, 04:42:39 AM
Back in 2017, much of the focus was on altcoins as there was an ICO boom. But the same altcoins, which gave 100x or 200x returns during the first half of 2017 went down by as much as 95% or even 99% in 2018. Almost everyone ended up with losses, and some of my tokens and alts also went down by a lot. The established alts, such as ETH and ADA made the recovery, but the smaller alts and tokens never recovered from the slump in 2018. Most of them are now dead or dormant.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: 20kevin20 on March 14, 2021, 04:51:31 AM
I'm not sure requesting investment advices on a forum is a good idea. You have half a million bucks - maybe request the help of a professional or use your own time to do some research and see what your best option should be?

Bitcoin has always stayed up the most and the best. Besides this, nobody really knows an accurate answer to how much we should wait or how deep a dip will look like in the current market conditions. Crypto markets are new. We're still early birds, and the conditions of the market change second by second..


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Silberman on March 14, 2021, 04:59:39 AM
Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time
Avoid altcoins, altcoins are just there to speculate with them and nothing more you already tried that route and failed, you still have a lot of capital and that is what you should use, for what I can see I do not see the bull run slowing down so right now seems like a good movement to buy, but at the end it is your decision, no matter what you do this decision is going to shape your life, if you do not invest and bitcoin skyrockets then you lose on generational wealth, but if you invest and the market goes down you could lose money if you sell too early.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: ene1980 on March 14, 2021, 06:04:37 AM
The established alts, such as ETH and ADA made the recovery, but the smaller alts and tokens never recovered from the slump in 2018. Most of them are now dead or dormant.
Some of the alts that showed potential never recovered and there is no hope whether we will have any decent profit as some of projects stopped developing when the market went down.

@OP It is not the best time to invest as all the markets are rallying at an all time high valuation, like everyone mentioned we saw rally recently in BNB and ETH might rally even though the transaction charges are high.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: MCobian on March 14, 2021, 06:29:45 AM
The price of Bitcoin is now very high, and some of the top altcoins are now very high. But many people ask what is the right strategy to buy
at the dip, If we look at the performance of Bitcoin and altcoins you may have to wait a little longer if we want to buy at a dip. My advice if
we wants a long-term investment can buy at the current price and HODL at least 3 years. Then for those who want short-term investments,
wait for the price of the coins we want to buy to drop by about 20%. But don't use all the capital we have, in case the coins we buy drop lower,
we can buy them again.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: davidcarpediem on March 14, 2021, 07:16:14 AM
The price of Bitcoin is now very high, and some of the top altcoins are now very high. But many people ask what is the right strategy to buy
at the dip, If we look at the performance of Bitcoin and altcoins you may have to wait a little longer if we want to buy at a dip. My advice if
we wants a long-term investment can buy at the current price and HODL at least 3 years. Then for those who want short-term investments,
wait for the price of the coins we want to buy to drop by about 20%. But don't use all the capital we have, in case the coins we buy drop lower,
we can buy them again.
sound wise
I'm not sure requesting investment advices on a forum is a good idea. You have half a million bucks - maybe request the help of a professional or use your own time to do some research and see what your best option should be?
thanks , i do both . it is always interesting to listen from legendary member.  IMO
Back in 2017, much of the focus was on altcoins as there was an ICO boom. But the same altcoins, which gave 100x or 200x returns during the first half of 2017 went down by as much as 95% or even 99% in 2018. Almost everyone ended up with losses, and some of my tokens and alts also went down by a lot. The established alts, such as ETH and ADA made the recovery, but the smaller alts and tokens never recovered from the slump in 2018. Most of them are now dead or dormant.
yes indeed never again ICO :(. ...
but i still believe in alt .. thanks for all your answer even the one critics ;D  ...it is good to hear 


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: best123 on March 14, 2021, 11:51:42 AM
One good thing about Bitcoin is that even it falls, it will still test that point you bought it. Though, it take time atimes. Buying it now is not bad to me. I am not scared of the price at all. To me, Bitcoin is a worthy asset.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: bryant.coleman on March 14, 2021, 12:51:08 PM
The price of Bitcoin is now very high, and some of the top altcoins are now very high. But many people ask what is the right strategy to buy
at the dip, If we look at the performance of Bitcoin and altcoins you may have to wait a little longer if we want to buy at a dip. My advice if
we wants a long-term investment can buy at the current price and HODL at least 3 years. Then for those who want short-term investments,
wait for the price of the coins we want to buy to drop by about 20%. But don't use all the capital we have, in case the coins we buy drop lower,
we can buy them again.

The "top" alts now account for more than 60% of the altcoin market share. I am talking about three of the top altcoins - Cardano, Ethereum and Binance Coin. These three account for a market cap of close to $300 billion out of the total altcoin market cap of $500 billion. A few years back, I had predicted this. There will be a consolidation in the cryptocurrency sector, with only Bitcoin and a few of the top alts managing to survive. And that is happening now. Despite the rally, the smaller altcoins are dying out.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: wack slacker on March 14, 2021, 04:21:37 PM
When we make a profit, we are greedy and keep buying with the trend.  That would reduce the good position we hold.  When the market reverses, losses are inevitable.  Investors often lose all profits.  I have a little experience of buying cryptocurrencies with a small cap and good growth potential.  Whenever there is a profit, withdraw your capital and step into another crypto. Just do so you will not be deeply sunk with an altcoin at all.
I usually do when my altcoin x2 or x3 I will sell them and take the money invested. Buy very little for each different altcoin.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: angrynerd88 on March 14, 2021, 05:39:38 PM
I think investment is great way to gain profit but prior eduction and market awareness is needed,Must learn from others and personal past mistakes.This forum is great teacher if anyone spend some time on related section will get precious knowledge and may able to take great decisions.Investment have basic rules like invest which you can afford to loose and never invest all at one place.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: doctor877 on March 14, 2021, 09:22:59 PM
i dont clearly get what you are trying to ask, but i will say there is difference between the bull run of 2017 and this time. a common mistake that majority of people made then is that they refuse to aknowledge the dip and cut losses as man people just bought into BTC then to milk the market with the hope of it going higher continuously. this time we have institutions, top individuals that have bought into bitcoin. but always remember that the dip will always be there and your job is to recognize it.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: thecodebear on March 14, 2021, 11:53:03 PM
Best advice is put any cash you don't need for spending or savings mostly into bitcoin. You can put some into Eth, but only a few percent into alts, and plan to get out of most alts before the peak hits.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Yatsan on March 14, 2021, 11:58:49 PM
Everyone is making their mistakes and have experienced regrets especially way back 2017 after the big hype of the first attained ATH when people have been getting into crypto in a massive volume and all turns out to have been disappointed with the sudden down early the next year 2018. But we ought to learn from those mistakes and make it a way to deal with the past and make our move on doing what we must do to grow up and move on. Now that you basically know what mistake you have done before, you can use of the information to make your decisions better on deciding to put barely big percent of capital into Bitcoin and some into valuable altcoins that you think can give you potential of earning.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: famososMuertos on March 15, 2021, 03:35:30 AM
His ideas are a bit scattered, but the numbers help to understand, however, the movement of the shitcoin market that is associated with the volatility of bitcoin has allowed those who own some of these Alts to obtain profits, they have only had to wait, ETH It is one of them but others have been an absolute lottery like Dogecoin, others have simply remained in the estimated ranges, this talking about the top 50 of cryptocurrencies.

But whatever the growth estimate of these Alts, they are still a speculative lottery, so it seems that for the amounts($$$) you handle you can afford to hold bitcoin, so do not complicate 99% bitcoin and 1% to the lottery.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Sithara007 on March 15, 2021, 04:52:29 AM
yes indeed never again ICO :(. ...
but i still believe in alt .. thanks for all your answer even the one critics ;D  ...it is good to hear 

As such I don't have anything against the altcoins. There are very good altcoins in the market such as Cardano, which in terms of technology are much ahead of Bitcoin. The same can be said about Ethereum, BNB, Litecoin, Monero, USDT.etc. I have problem only with the shitcoins, which have plagiarized white papers and stolen algorithm, and no practical usage. Unfortunately, out of the 10,000 plus altcoins, 95% to 99% can be classified as altcoins.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: maxreish on March 15, 2021, 06:25:46 AM
and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
 or just be patient and wait the famous correction ..... when it is a good entry point  ?
 all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p
 

 Look, it's all up to your belief. If you believe bitcoin will still go up and you've seen how far bitcoin can go just like the price of it from 2017 to 2021 with massive growth then you can just wait for another dip before investing and buying it. Just do not panic when you bought at $50k and it went down to $40k. As I can see your emotions were easily get dragged by the fall back market.
 
 On the other hand, you can also diversify and put half of your capital in different kind of altcoins like eth, bnb, ltc and with the other defi coins that are booming lately.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: bryant.coleman on March 15, 2021, 06:36:55 AM
His ideas are a bit scattered, but the numbers help to understand, however, the movement of the shitcoin market that is associated with the volatility of bitcoin has allowed those who own some of these Alts to obtain profits, they have only had to wait, ETH It is one of them but others have been an absolute lottery like Dogecoin, others have simply remained in the estimated ranges, this talking about the top 50 of cryptocurrencies.

But whatever the growth estimate of these Alts, they are still a speculative lottery, so it seems that for the amounts($$$) you handle you can afford to hold bitcoin, so do not complicate 99% bitcoin and 1% to the lottery.

If you look at the cryptocurrency market cap, around 95% is made up of Bitcoin and a handful of the top altcoins. The remaining 5% accounts for the smaller altcoins and tokens, which may number somewhere around 5,000-10,000. DOGE doesn't deserve the market cap it is having right now. It doesn't have any practical usage, as it was created in order to mock Bitcoin. And such cryptocurrencies will not last for very long. Those who invest in DOGE will regret about their decision later.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: CryptocurencyKing on March 15, 2021, 06:52:38 AM
Well, when you choose to invest is best known to you but, praying for the correction not to come is of no use and certainly, when the time is right the correction would always come, its always a matter of time. Not buying at ATH positions has always been the wrong way to go about investing so, you've got to wait should it be that, your avoiding your previous experience with investing.
Though, bitcoin is very different from altcoin and should you exercise a little patience, you would always get a return in no time.
The good news now is, the bulls are doing their best in strengthening there position after every little correction so, you could just invest at such peril times than jumping in the market as it pleases you @OP.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: isaac_clarke22 on March 15, 2021, 08:54:50 AM
~
You don't need to mind those "companies" you mentioned. They could be impacting the price a tiny bit because probably they're gonna buy in bulk as always as they're company not an individuals, but that shouldn't bother you.
Just invest when you have the coins.
Your hibernation in 2017 really did something, but you might have missed a bit that year because that was like one of the memorable ATH of BTC back then before it crashed.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: ethereumhunter on March 15, 2021, 09:50:46 AM
Best advice is put any cash you don't need for spending or savings mostly into bitcoin. You can put some into Eth, but only a few percent into alts, and plan to get out of most alts before the peak hits.


But not all of the cash because if the price increases and you buy bitcoin at the current price, you can get trap buying bitcoin at a high price. Maybe you need to wait for a while until the price is down to buy it at a low price and I think that will be safe for you. Buying some ethereum can be a good idea as long as the price is at a downtrend. The altcoin will get the time to increase, so that will be a good time for you to sell your altcoin and convert it into bitcoin.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: BrewMaster on March 15, 2021, 06:01:43 PM
the 2018, 2019, 2020 dump of the altcoins should have already given you more than enough experience no never invest in any of the altcoins for long term. they are always going to get dumped sooner or later even if their pumping lasts for some time like it did back in 2017.

if you want long term investment you should always stick to bitcoin and nothing else.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Hamphser on March 15, 2021, 08:20:54 PM
and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p
Depends on your choice!

If you do decide to go with full in Bitcoin and buying back on a specific price point but since you had already save up some btc and tend to make those profits in investing with some alts
then stick out on how did you do make some selection way back.It might turns out to be on different phase when it comes to profiting situation because the thing happened in 2017
wont really be ever the same on whats currently happening now.

Its your money and its up for you to decide on which one you would really select on and as long that you do saw that it is viable thing to do then go ahead.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Twentyonepaylots on March 15, 2021, 10:51:09 PM
I don't see this as the end of the world, yes you might've lost a very big opportunity to earn money years ago, but buying now would keep you from making the same mistake. And as you should've known by now, bitcoin rewards the most patient people, so after buying, whatever happens to your coins, just keep it there, just hodl. It's not going to zero out, not with this current price that is.
the 2018, 2019, 2020 dump of the altcoins should have already given you more than enough experience no never invest in any of the altcoins for long term. they are always going to get dumped sooner or later even if their pumping lasts for some time like it did back in 2017.

if you want long term investment you should always stick to bitcoin and nothing else.
A lot of people say Altcoins is the future but I beg tp disagree, a lot of altcoins show great prpmise but that industry is also full of one-hit-wonders that will leech you off your money. So might as well invest on the ones that are already established in the market and in the minds of the people.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: acener on March 16, 2021, 03:04:40 AM
Both alt and Bitcoin could give you profit it all depends on how you handle or manage it,
You just need to invest and get out at the right time,
Sometimes even holding them for a long time could also give you a huge profit you just need to choose carefully on which to invest.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Sithara007 on March 16, 2021, 03:40:13 AM
Both alt and Bitcoin could give you profit it all depends on how you handle or manage it,
You just need to invest and get out at the right time,
Sometimes even holding them for a long time could also give you a huge profit you just need to choose carefully on which to invest.

IMO, this is not applicable for Bitcoin. It's future potential looks great, at least for the next decade. The same can't be said about altcoins. You can't hold most of the altcoins for the long term, because there is always the possibility of some technologically advanced coin replacing them from the market. In short, I would say that Bitcoin is suitable for both medium-duration and long-term holding, while alts such as Ethereum are more suitable for medium-term holding.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: skarais on March 16, 2021, 04:08:38 AM
IMO, this is not applicable for Bitcoin. It's future potential looks great, at least for the next decade.
At least that's the reason institutional investor choose to invest in bitcoin over altcoin. Everyone believes that bitcoin is a very suitable asset to invest in in the long term and the fact is that people have been enjoying bitcoin ATH recently. They are the ones who make big profit.

The same can't be said about altcoins. You can't hold most of the altcoins for the long term, because there is always the possibility of some technologically advanced coin replacing them from the market. In short, I would say that Bitcoin is suitable for both medium-duration and long-term holding, while alts such as Ethereum are more suitable for medium-term holding.
I don't blame you for that, of course, but are you sure that no single altcoin is suitable for long-term investing?
In my opinion, institutional investor will of course also look for the best altcoin to invest in the long term and I believe ETH is one of those altcoin. It doesn't hurt to say that most of the altcoin on the market today are not suitable for long-term investing due to a lack of trust and adoption. However, I do believe that among the top 4 altcoin there is great potential for the future.

The future potential of bitcoin as a long-term investment asset can be measured by the number of institutional investor who support and hold large amount of bitcoin as a mean of holding corporate cash. Bitcoin's limited circulation is a factor why they choose to invest in bitcoin. But nothing can predict the future and bitcoin can still be replaced by other decentralized currencies in the future. But I didn't expect it.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: yohananaomi on March 16, 2021, 05:26:01 AM
IMO, this is not applicable for Bitcoin. It's future potential looks great, at least for the next decade. The same can't be said about altcoins. You can't hold most of the altcoins for the long term, because there is always the possibility of some technologically advanced coin replacing them from the market. In short, I would say that Bitcoin is suitable for both medium-duration and long-term holding, while alts such as Ethereum are more suitable for medium-term holding.
Yes, my friend, technology will continue to grow and so will the coins that will come in, which could be better than the coins that exist today because of the development of these technologies that make it more advanced and developing.
but for some coins there are still quite a lot of them that are still making investments and the possibility of losing them will be smaller if investors continue to look for and hold them.

bitcoin will certainly remain the first target both short and long term for now, why is bitcoin now turning into a short-term investment too. all because the demand is so high that the movement in an hour is able to turn the difference up to $ 7K and that's incredible, but if ethereum is sufficiently sought after due to the problem of high gas fees it could change and alternatives people and investors want to find a cheaper one.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: mezzaluna on March 16, 2021, 07:36:57 AM

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p


8 BTC is stil a big amount of Bitcoin at that time and having at least 1 BTC is enough to get you through everyday lives and is also enough to be spread into multiple investments. I don't believe that anybody would be laughing at you because you are already gaining so much money by investing them and its a situation in which you made a decision that would risk all your capital. 2017 was already a good time to enter the Cryptocurrency Industry and having an investment within this Industry is already a great choice so you can just leave it here and wait for another time to withdraw it if you needed the money.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Karartma1 on March 16, 2021, 07:45:10 AM
These threads are very entertaining because of the many magic tricks that people invent to try and profit basically not even knowing what to do. I had personally removed of my alt positions in 2017 after the last big bull run. I follow a few of them but I'm not very interested anymore. It's already very difficult to keep up with all things bitcoin!


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Negotiation on March 16, 2021, 07:46:29 AM
You invested in 2017 but now that the market has improved you have made a lot of money along with bitcoin the price of other Altcoin has gone up a lot this year those who invested and held that year are now banners. There is nothing to laugh about you have increased your capital to a huge extent wait the price may rise further.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Amejoaquim on March 16, 2021, 02:13:55 PM
To be honest i don't really understand about your story.

So in my point you just want advice to invest in which coin..

Then i will recommend you to invest in top coin, and stay away from small coin (outside top 200 cmc).

And, if you want to hold for a long term then you can just buy right now and no need to wait for the "dip".

Because at the end, the price for big coins like BTC ETH BNB will rise.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: wxxyrqa on March 16, 2021, 03:10:50 PM
To be honest i don't really understand about your story.

So in my point you just want advice to invest in which coin..

Then i will recommend you to invest in top coin, and stay away from small coin (outside top 200 cmc).

And, if you want to hold for a long term then you can just buy right now and no need to wait for the "dip".

Because at the end, the price for big coins like BTC ETH BNB will rise.
Many cryptocurrency users today are very worried about not making the mistake that many made in 2017, when they invested their funds in bitcoin or other altcoins, when cryptocurrency prices peaked and after which the market went wild. today the situation is repeated when people want to make investments, but are afraid that the price will again irrevocably fall.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Golftech on March 16, 2021, 03:26:12 PM
To be honest i don't really understand about your story.

So in my point you just want advice to invest in which coin..

Then i will recommend you to invest in top coin, and stay away from small coin (outside top 200 cmc).

And, if you want to hold for a long term then you can just buy right now and no need to wait for the "dip".

Because at the end, the price for big coins like BTC ETH BNB will rise.
Many cryptocurrency users today are very worried about not making the mistake that many made in 2017, when they invested their funds in bitcoin or other altcoins, when cryptocurrency prices peaked and after which the market went wild. today the situation is repeated when people want to make investments, but are afraid that the price will again irrevocably fall.

If same attitude applies then same committed mistakes will happened again, it's best not to dwell with your

previous mistake but to move forward and try to enhanced your skills, there are people who are afraid to take

their steps knowing that the chance of losing their money is very possible but with that  mentality they are

are also losing the chance of succeeding.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Silberman on March 18, 2021, 12:58:21 AM
His ideas are a bit scattered, but the numbers help to understand, however, the movement of the shitcoin market that is associated with the volatility of bitcoin has allowed those who own some of these Alts to obtain profits, they have only had to wait, ETH It is one of them but others have been an absolute lottery like Dogecoin, others have simply remained in the estimated ranges, this talking about the top 50 of cryptocurrencies.

But whatever the growth estimate of these Alts, they are still a speculative lottery, so it seems that for the amounts($$$) you handle you can afford to hold bitcoin, so do not complicate 99% bitcoin and 1% to the lottery.

If you look at the cryptocurrency market cap, around 95% is made up of Bitcoin and a handful of the top altcoins. The remaining 5% accounts for the smaller altcoins and tokens, which may number somewhere around 5,000-10,000. DOGE doesn't deserve the market cap it is having right now. It doesn't have any practical usage, as it was created in order to mock Bitcoin. And such cryptocurrencies will not last for very long. Those who invest in DOGE will regret about their decision later.
I do not really know if DOGE deserves its current market capitalization however DOGE has some uses, the most important is that thanks to its fast confirmations and cheap transactions it is a good coin you can use to gamble, however I agree with the rest, while some websites show the dominance of bitcoin as lower than that the truth is that for the most part that is false and bitcoin represents more than 90% of the market, so as an investment it makes little sense to put your money anywhere but bitcoin.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Shasha80 on March 18, 2021, 02:24:32 AM
If we talk about events in 2017, many people bought coins at the peak price. And in the end many have suffered losses, because the price of coins
in 2018 fell very deeply. This incident finally made some investors afraid to repeat itself this year. But don't panic what happened this year, because
the increase in the price of Bitcoin and altcoins this year is not a bubble like happened in 2017. Crypto coin fundamentals are much stronger, with
many institutions starting to invest in cryptocurrency. So in my opinion, buying coins this year does not need to wait for the price to dip, because
the price decline is not as far as it did in 2017. Simply waiting for the coins to drop by 10% -20%, we can start buying coins.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: OcTradism on March 18, 2021, 02:29:42 AM
the 2018, 2019, 2020 dump of the altcoins should have already given you more than enough experience no never invest in any of the altcoins for long term. they are always going to get dumped sooner or later even if their pumping lasts for some time like it did back in 2017.

if you want long term investment you should always stick to bitcoin and nothing else.
It is how the DeFi hype will end in the future. People who are in greed with DeFi hype will end their games with demise.

Bitcoin is the best choice for long term investment and I use two main gates to store my capital: bitcoin and fiats. I guess that some people will argue that why I choose fiats, not stable coins. I think that fiats are safer than stable coins. I can not know how stable coins will end with government responses and regulations in the future. Fiats and stable coins are all inflated and stable coins are not better than fiats. They are more convenient to use, to bring around but not safer than fiats.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Yurkov on March 18, 2021, 08:48:46 PM
We all learn from mistakes, nobody do it right for the first time. As Warren said, “buy when everyone fears to buy and sell when everyone fears to sell”. In my opinion, the opportunity to buy bitcoin has passed and it’s very risky to jump with huge capital at current high price.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Swordsoffreedom on March 18, 2021, 09:30:33 PM
I don't know how people can rely on Altcoin where most of the Altcoin are failed to get close to their previous ATH in this Bullish situation. I don't prefer holding Altcoin for long term.
You can Buy Bitcoin and can hold it for long term.

If you want suggestions on when is the perfect time to buy then it is dependent on your holding style. If you want to catch a big pump then you must have to hold BTC for long term, a minimum of 1/2 years. In this case, you can set a plan and buy Bitcoin at every dump instead of spending all money at a time, keep buying Bitcoin at every dump for 1/2 years until it breaks the previous ATH. After 1/2 years, when you reached your target then you can sell.

Another way is doing day trading/monthly trading, it is risky and there is a possibility of losing your capital if you don't have enough skill.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Silberman on March 21, 2021, 04:22:05 AM
I don't know how people can rely on Altcoin where most of the Altcoin are failed to get close to their previous ATH in this Bullish situation. I don't prefer holding Altcoin for long term.
You can Buy Bitcoin and can hold it for long term.

If you want suggestions on when is the perfect time to buy then it is dependent on your holding style. If you want to catch a big pump then you must have to hold BTC for long term, a minimum of 1/2 years. In this case, you can set a plan and buy Bitcoin at every dump instead of spending all money at a time, keep buying Bitcoin at every dump for 1/2 years until it breaks the previous ATH. After 1/2 years, when you reached your target then you can sell.

Another way is doing day trading/monthly trading, it is risky and there is a possibility of losing your capital if you don't have enough skill.
I think this is because people realize they have mostly missed the boat with bitcoin, they think they cannot obtain big profits with it anymore and they are looking for another coin that could give them the same results as bitcoin, but as we know no coin is ever going to come close to that, first because many of those coins are derivative works of bitcoin and they are not original and second because a great deal of those coins will go nowhere since they have no use case at all.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Kong Hey Pakboy on March 21, 2021, 05:07:55 AM
We all learn from mistakes, nobody do it right for the first time. As Warren said, “buy when everyone fears to buy and sell when everyone fears to sell”. In my opinion, the opportunity to buy bitcoin has passed and it’s very risky to jump with huge capital at current high price.
That is debatable, if you are aiming for a short term gain then buying at the current price will yield you with small profits but if you were to aim for the long term then now is the right time to buy bitcoin because overtime bitcoin will grow despite short term dips. It doesn't need to be your mistake for you to learn, the wise people learn from the mistake of the other people.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Josefjix on March 21, 2021, 05:23:35 AM
Take a big lesson from your mistake, take advice from the experienced ones here and buy the right coins for a long term hold. Maximize your investment and take profit at the right time and invest in projects that are very reliable. The lesson here mainly is situated on investing on the right coins which wouldn't fail while holding them for 1-5 years minimum. The veterans here have made the same mistake as you and every novice as well. You can follow top traders giving signals on Twitter as well. You're likely going to gain profit at the long run.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Ewox on March 21, 2021, 06:19:36 AM
I’d probably suggest but buy altcoins that are around at the top 10-15 in the coinmarketcap so you’ll have an idea which coins you want to invest in; that is if you don’t want to just invest in Bitcoin. But if I had that money, I’s probably invest most in Bitcoin then probably 25-30% on alternate coins, but that’s just me though. It is entirely up to you still whichever you want to do with your investment.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Golftech on March 21, 2021, 06:33:10 AM
Take a big lesson from your mistake, take advice from the experienced ones here and buy the right coins for a long term hold. Maximize your investment and take profit at the right time and invest in projects that are very reliable. The lesson here mainly is situated on investing on the right coins which wouldn't fail while holding them for 1-5 years minimum. The veterans here have made the same mistake as you and every novice as well. You can follow top traders giving signals on Twitter as well. You're likely going to gain profit at the long run.

Learn things the hardway, It's really useful to keep following and reading what those

experienced traders are sharing, but never to rely your investment to them, they understand

the flow and they are capable of doing what is best to their investment when time is not favoring

them, the very probme which is really hard to avoid when you are still new to the business.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: tygeade on March 23, 2021, 09:11:39 AM
I have already stopped investing in altcoins because they are not working for me as Bitcoin does.
Although I know there are people who say that diversification is the best, but if I am to diversify , I think a few of the Altcoins in the market are enough for me, especially Ethereum and any other top ALTCOIN in the market, not the type that people will be investing in more than ten and twenty coins.

Some of them can’t even keep their focus on any of those coins and they don’t know when there is something wrong with those coins, they can’t tell. So for me it’s best to invest in one coin, and that’s Bitcoin or you can add a few altcoins like I have said, you will be able to focus on them.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: bitbollo on March 23, 2021, 10:15:20 AM
So your profits is $250k right? I need to read your post twice  ;D

$250k in profits from $200k of investment is pretty decent. More than 100% in just 4 years.
Still better than value investors who gains 10-20% annualy.

I’ve checked your wallet address, and yes you have many sh*tcoins that didn’t go well in the past.

Personally, I will take 60% for btc, eth, and top cap alts, 10% for speculation, 20% for the dips.

definitely agree with that! most of coins hyped during ico mania at the end after many years have been just scam or coin with a negative evalution.
I made an experiment taking some "suggested coins" from this topic https://bitcointalk.org/index.php?topic=2106360.0 "The next 100x or 1000x coin", where people trying to guess/suggest the coin that could receive a big pump during end of 2017 early 2018.

At December 2017, it means after 3 years, I get following results:
13,18% Reported a positive evaluation.
10.83% Reported a 0 (total loss)
the others just negative results (prices go down).

(full post here https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq )

If you get this profit you have been enough lucky since the vast majority of people that invested in such hyped project have received only a negative ROI.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: dansus021 on March 23, 2021, 10:27:56 AM
I have already stopped investing in altcoins because they are not working for me as Bitcoin does.
Although I know there are people who say that diversification is the best, but if I am to diversify , I think a few of the Altcoins in the market are enough for me, especially Ethereum and any other top ALTCOIN in the market, not the type that people will be investing in more than ten and twenty coins.

Some of them can’t even keep their focus on any of those coins and they don’t know when there is something wrong with those coins, they can’t tell. So for me it’s best to invest in one coin, and that’s Bitcoin or you can add a few altcoins like I have said, you will be able to focus on them.

Total Agree with this guy, is good invested in top altcoin top 10 marketcap atleast and must do Research first before investing in any coin.
there's dozen "SCAM" coin or most people shitcoin that need to avoid

and some suggestion from me
1. Top 10 Coin
2. Good Roadmap, development and active community
3. Can be staking in future so HODL and gain more rewards  ;D


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Silberman on March 24, 2021, 05:12:56 AM
I’d probably suggest but buy altcoins that are around at the top 10-15 in the coinmarketcap so you’ll have an idea which coins you want to invest in; that is if you don’t want to just invest in Bitcoin. But if I had that money, I’s probably invest most in Bitcoin then probably 25-30% on alternate coins, but that’s just me though. It is entirely up to you still whichever you want to do with your investment.
A 65% to 70% portfolio allocation on bitcoin is not a bad idea, it could be even higher but that should be good enough, many newbies in their desperation to make profits invest everything in altcoins thinking on all the profits they are going to get not understanding that if they happen to make a bad move then losing all their capital is almost a guarantee, by investing so much of your capital on bitcoin allows you that in the case you fail you still have most of your capital and keep making profit thanks to bitcoin.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Trinx01 on March 24, 2021, 05:38:56 AM
Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: PointHope on March 24, 2021, 06:16:00 AM
Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time

I made some mistakes in 2017 too. But overall stuck with BTC and bought more early 2020. Smartest move I made.
Bitcoin is the only apex asset out there. Never sell your BTC.
Many big players are recognizing how BTC is a harder asset than gold.
The next few years will see the 10 trillion that's in gold right now, slowly move into Bitcoin.
Much of the 500 trillion bond debt bubble is also looking for a secure home like BTC.
Simple math, BTC will very likely see $100 million in our lifetimes. Especially as technology improves and different useable layers of utility are built on the bitcoin underlayer.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: lienfaye on March 24, 2021, 06:27:31 AM
Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.
Investors are diversifying to altcoins because it is profitable as well not just bitcoin. However its a bit risky because there are too many of them and choosing what coins to invest is not really easy unless if you go to popular altcoins.

If I have huge capital just like op, I'd probably allocate 80% to bitcoin and 20% for altcoins that has potential, extensive research is needed to find out what could be the best alts to invest in when the market turn to red status.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: leea-1334 on March 24, 2021, 06:58:04 AM
If I have huge capital just like op, I'd probably allocate 80% to bitcoin and 20% for altcoins that has potential, extensive research is needed to find out what could be the best alts to invest in when the market turn to red status.

Exactly,,, just remember that diversifying to Bitcoin alone is a diversification to crypto, and there is no surer bet than Bitcoin when it comes to crypto. Diversifying into other alts should be the same principle. If you want to put 10% of your wealth into Bitcoin, then 10% of your crypto wealth should be into alts. Yes,,, you can get x1000 or whatever with alts but you have to be full time watching the markets and most of us have a real life and real job, hodling is the only "safe" method for diversifying.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: gurunanakji777 on March 25, 2021, 06:24:46 AM
I noticed and realized top coins move for sure whether the market is bear or not So my advice is to search for some top trusted coins and invest in those coins so If the market turns bear you need not worry because sooner or later coins will rise. Don't gamble on the pump and dump coins it can only entice the traders but the risk is higher in such coins so choose wisely from the top 50 coins and at least keep 50% in bitcoin and 50% in altcoins. 


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Kittygalore on March 25, 2021, 06:58:08 AM
I’d probably suggest but buy altcoins that are around at the top 10-15 in the coinmarketcap so you’ll have an idea which coins you want to invest in; that is if you don’t want to just invest in Bitcoin. But if I had that money, I’s probably invest most in Bitcoin then probably 25-30% on alternate coins, but that’s just me though. It is entirely up to you still whichever you want to do with your investment.
You could just put all in bitcoin because by charts, bitcoin is proven to grow overtime compared to other altcoins that are volatile and the growth that they present are sometimes not that high compared to bitcoin. It is not bad to diversify but I think that growing your money on one coin is much better for the long term and along the way when you get you are profiting big out of it then that will be the time that you are going to diversify.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Silberman on March 28, 2021, 02:02:53 AM
Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.
This is not a matter of exploration this has to do with the profits they believe they can get out of altcoins, and while it is true you can obtain more profits with altcoins on average a newbie will lose money by investing in those coins, as such it is better for them to concentrate and invest only in bitcoin I know that this is going to limit their profits but even more important than that it is going to limit their losses and that is more important when you are starting your journey as a trader.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: LogitechMouse on March 28, 2021, 02:53:26 AM
Recommending a few altcoins to invest with especially to newbie isn't a good idea for me especially if the coin that you are recommending are those with higher risk that is why whenever I share some good coins, I always pick the top coins. Lesser risk but lesser rewards too compare to those low market cap coins. These are 2 that I can see that has a good future.

1. Cardano = it has been there for a long time. It has a community and the Owner has a long term plans and goals for it. His thinking is way out of the picture. He doesn't think about profits but he thinks about how can he help the community. Goguen Mainnet is coming possible the end of Q1 and it might push the price of it higher. The good point too is you can stake ADA coin.

2. Uniswap = an airdropped coin but it changed the DEX industry. An exchange where you can swap coins at an ease. Very easy, user friendly and the best is you don't need KYC to swap your coins. Uniswap 3.0 is coming and it might push its price even higher. I just feel regret that I didn't bought this coin when it was below 10$.  :D

With the coins we recommended to you, I just hope that you will not do the same mistake like you did in 2017. One advice that I may share is that, keep some cash for now. I don't know why but I have a feeling that we are in the peak of the bull run.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: BuNga_cute on March 28, 2021, 03:14:05 AM
I agree that the mistakes that occurred in 2017 were mistakes that we should not repeat. There are several reasons that make many investors
experience losses when investing in 2017. Among other things, many investors who are greedy wanting to get big profits end up buying coins
at peak prices. The next one is less patient waiting for the market to recover, doesn't use the stop-loss feature and the last one doesn't do
the analysis properly. These four factors are the mistakes most investors make when investing in crypto in 2017. Now in 2021 it seems like many
investors have learned a lot from the mistakes that occurred in 2017. Therefore, many have managed to get big profits in 2021 by investing
in cryptocurrency.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: nebuch on March 28, 2021, 03:37:44 AM
I think even you've got small profit, you should consider to sell few of your tokens to have a reserve money to buy in case dip will occur. With regards to investment, better to choose the top 10 coins because there are a lot of people who watching the development of this project. It could also mean that the token value is impossible to come up to zero.
Try to look at BNB and CAKE or some potential and popular coins. Then choose where to out the 10%, 30% and 60%.

If 2017 was a great lesson, then anticipation is a great decision not to let it happen again.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: cabron on March 28, 2021, 03:38:57 AM

You got big numbers there in your ETH wallet. All we thought are shitcoins but now it has a huge value already. Some of it aren't even known to the users here, can't believe how you got those tokens because it looks like there was no market for it during the 2018 crash.  

What exactly you want us to do is to buy altcoins when the bear market bottoms?


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: michellee on March 28, 2021, 05:57:35 AM
If you really have that big money, you can use it for 20%-25% when the dip comes to have some bitcoin and you can hold it until the price increase.

Besides investing in bitcoin, you can try to search the altcoin that can give you additional profit in the future. A good entry point will be when the price is down, especially if the price can drops so you can start to buy at a low price. But every trader will have their own analysis, so we will have a different entry point to buy.

Ethereum and BNB can be your investment, but the price now is too high to buy, so maybe you can search for other coins with low price than ethereum and BNB. You can search for altcoin, which has a good position in the market, so you can expect to make a profit later.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: chainganginc on March 28, 2021, 03:56:45 PM
Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time

This year might be different...looks like certain altcoins will be good investment. Litecoin and polkadot especially by the next halving get in position. Keep using Bitcoin but look for the next one.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: chainganginc on March 28, 2021, 04:02:39 PM
I dont fully understand, do you have 70% in Bitcoin or is it all in ALT's?
I dont do ALT's anymore, most would suggest 10 to 20% in ALT's & the rest BTC.

There will be plenty of price corrections to come but nobody knows
when that will be. We already had a 20% correction at the end of Feb.
There will almost certainly be dips before key price
points like $60k, $70k etc.

Quote
be patient and wait the famous correction .....
I take it you mean like 2017/2018, There are a lot of people who think
that same kind of "crash" will happen again, Why? There are different
investors this year, investors not interested in selling only buying.

Feels like 2009 but just Covid 19 instead of 9-11 Bitcoin looks like it's moving in with the cashless society experiment. Don't want to touchfiat or gold might have a virus.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: peterpanda on March 28, 2021, 04:16:14 PM
Bitcoin is in a well position and you can invest on bitcoin but you should wait some more days. The price of bitcoin may down in huge amount at the middle of this year. But at the end of this year, price will hit a big amount. So wait until the price of the bitcoin drops. You can buy also cardano, harmony, stc, trx for making a good amount of money.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: livingfree on March 28, 2021, 08:07:10 PM
This year might be different...looks like certain altcoins will be good investment. Litecoin and polkadot especially by the next halving get in position. Keep using Bitcoin but look for the next one.
There were altcoins that have made themselves to their peak and it's good for those who have invested in it and bought at the most discounted price.

I would say that learn from the experience, buy bitcoin and then buy altcoins if you want to. Keep bitcoin more.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Fatunad on March 28, 2021, 08:26:45 PM
Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.
Investors are diversifying to altcoins because it is profitable as well not just bitcoin. However its a bit risky because there are too many of them and choosing what coins to invest is not really easy unless if you go to popular altcoins.

If I have huge capital just like op, I'd probably allocate 80% to bitcoin and 20% for altcoins that has potential, extensive research is needed to find out what could be the best alts to invest in when the market turn to red status.

the same thing one thought like you, will set aside the little money that I have in altcoins to invest and more dominantly invest in Bitcoin. Even though no one knows the market price correction will happen again, before plunging into investing in cryptocurrency, of course, you must be prepared to accept the consequences
Invest on the amount that you can afford to lose and also its your money then it is much better to find those altcoins if you are interested to invest with them.
Im not saying that listening to others suggestion is bad but most of the time it is, it would be more worth if you are the ones who would really be making out such step
or make out decisions towards your investment or portfolio.If we do make out some fortune on holding altcoins on just like what op did then he might really be still
ending up on repeating the same step on what he did in the past and he might be getting even more money but somehow those things arent an assurance.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Lmaooo on March 28, 2021, 08:51:21 PM
When investing on Altcoins always invest in top 20 Altcoins because at least they have a decent market capitalization. The Altcoins with decent market capitalization doesn't disappear over night. Now, if you look at the CoinMarketCap top 20 Altcoins you may notice many of the survived 2018 market crash unlike the below top 20 Altcoins.

If you are a beginner in cryptocurrency,  always invest in top 20 altcoins for your safety.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Yamifoud on March 28, 2021, 08:57:43 PM
Bitcoin is in a well position and you can invest on bitcoin but you should wait some more days. The price of bitcoin may down in huge amount at the middle of this year. But at the end of this year, price will hit a big amount. So wait until the price of the bitcoin drops. You can buy also cardano, harmony, stc, trx for making a good amount of money.
Nope, can't say that Bitcoin will fall in the middle of this year and get back in the end. Why? that directly pointing to how volatility works and we can't be sure everything will follow as what we presumed to happen.

@OP, if you are going to invest again this time, honestly, you are a little bit late for it. Now, the market seems too tricky, the price is already high and at any time it might fall and gives you another big loss again. I'd never had to discourage you from entering this time but I would like to remind you that if you still choose the wrong coin to invest in, you will suffer the tragic loss that you have the same as before.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Argoo on April 08, 2021, 07:41:15 PM
We all learn from mistakes, nobody do it right for the first time. As Warren said, “buy when everyone fears to buy and sell when everyone fears to sell”. In my opinion, the opportunity to buy bitcoin has passed and it’s very risky to jump with huge capital at current high price.
That is debatable, if you are aiming for a short term gain then buying at the current price will yield you with small profits but if you were to aim for the long term then now is the right time to buy bitcoin because overtime bitcoin will grow despite short term dips. It doesn't need to be your mistake for you to learn, the wise people learn from the mistake of the other people.
It seems that now that the price of bitcoin is just below $ 60,000, buying it is quite risky. I think that closer to summer the price of bitcoin will traditionally fall, then there will be a good time to buy it. In the fall, he must continue his growth again.
For now, it's even better to buy some of the altcoins that occupy the top positions in the CoinMarketCap table and have not increased in value too much to date.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Rasel5209 on April 09, 2021, 07:32:38 PM
2017, I buy some alt coin 20k usd but i sell it only 5k usd. Today i buy some coin but don't hold it for long time. Also i don't buy risky coin buy this coin is good.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: livingfree on April 09, 2021, 08:04:27 PM
2017, I buy some alt coin 20k usd but i sell it only 5k usd.
Wait, that does meant that you've sold it all only for $5000 and you've taken the losses as if you didn't lost at all? That's $15,000 and a big loss to talk about.

Today i buy some coin but don't hold it for long time. Also i don't buy risky coin buy this coin is good.
I'm guessing that's another altcoin and if you've learned from your past and you don't want it to hold anymore for a long time then that's you have to do and change your strategy and only hold it for a short time.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: online73 on April 14, 2021, 01:14:48 AM
Hello everyone, I don't like to give advice and don't consider myself a crypto fortuneteller, but if you stick with some cold calculations, you can still make money in this bull market and next crypto winter. Nobody knows what will happen tomorrow, nobody. But you can try to stick to the golden mean, keep 50% of cryptocurrencies and 50% of stablecoins, only with such a deposit placement you can minimize losses from a repeat of 2018. The fact that the cryptocurrency market will collapse without warning anyone - I think there is no doubt about that. The new crypto winter can drag on for a long time, so I only keep in my wallet those coins from which you can receive passive income - staking, farming and all that. After the price drop, there will still be a new rise - but I will already come out of the crypto winter with additional coins. Good luck to all.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Wawa2013 on April 14, 2021, 04:29:01 AM
I believe many investors and traders made mistakes when in 2017, I was also one of the ones who made mistakes at that time. But don't because
we make mistakes and then we just give up, we must be able to get up and learn from the mistakes we made in 2017. Most of the mistakes made
are not being able to control greed and also not using the stop-loss feature. Hopefully all the mistakes made in 2017 will not be repeated this year.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: slaman29 on April 14, 2021, 04:53:34 AM
I believe many investors and traders made mistakes when in 2017, I was also one of the ones who made mistakes at that time. But don't because
we make mistakes and then we just give up, we must be able to get up and learn from the mistakes we made in 2017. Most of the mistakes made
are not being able to control greed and also not using the stop-loss feature. Hopefully all the mistakes made in 2017 will not be repeated this year.

You can definitely count on me among them. Invested in a few ICOs, won some lost some, more or less ended up even from profit and scams but wasted a lot of time researching and thinking I made wise choices. Same thing with trading, won a few alts, mostly lost them. And only now thanks to the rally I am able to see profit on almost every old alt I bought (XMR LTC ETH for example).

Needed to make those mistakes or I wouldn't be here today:)


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Lorence.xD on April 14, 2021, 05:26:28 AM
Why would you be sad that you made less money on altcoins compared to bitcoin, you still profited, it's just that you let go of bitcoin a little too soon, but hey don't be sad because you still have profit, just don't do the same thing.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Sithara007 on April 14, 2021, 05:45:10 AM
I made my first investment with cryptocurrency long back in 2012. And back then I invested in more than a dozen coins (apart from Bitcoin) and unfortunately most of them turned out to be shitcoins. Due to this bad experience I stayed away when ETH first went for the ICO in 2014. But that turned out to be a big mistake. And again I made the mistake in 2017, when I decided not to invest in new coins such as ADA, TRX and EOS. 


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: goldade on April 14, 2021, 07:58:01 AM
I don't fully understand what you meant but if you're talking about investing in altcoins, one has to be very very careful. It's not new neither is it strange to anybody here that it is very easy to get carried away by the prospect of making so much money by investing in altcoins. I'm sure you'd have realized by now that many of these coins are actually shit coins and you'd lose a lot of money by investing in them.
However, not all of them are shit coins. There are still quite a few of them that actually have potential and have brought profits to those who invested in them. Personally, I only invest in the top twenty coins. That way, I am rest assured that these coins have potentials


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: Renampun on April 14, 2021, 09:27:26 AM
Why would you be sad that you made less money on altcoins compared to bitcoin, you still profited, it's just that you let go of bitcoin a little too soon, but hey don't be sad because you still have profit, just don't do the same thing.
You are right, the OP shouldn't be that sad...
many have until now regretted that they did not produce anything and even lose because they sold their Bitcoin and then moved to fiat and did not buy other potential Altcoins. be grateful for all decisions, that wise.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: ultrloa on April 14, 2021, 09:51:40 AM
Why would you be sad that you made less money on altcoins compared to bitcoin, you still profited, it's just that you let go of bitcoin a little too soon, but hey don't be sad because you still have profit, just don't do the same thing.
You are right, the OP shouldn't be that sad...
many have until now regretted that they did not produce anything and even lose because they sold their Bitcoin and then moved to fiat and did not buy other potential Altcoins. be grateful for all decisions, that wise.

He will be sad again for seeing this pump if he already sold his bought coins which got dump with huge bear market calamity happened before. This current big bit by alts this year is one big indicator that its good to hodl even if the market is dropping since in future if we can able to hold our patience a huge reward will came.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: OcTradism on April 14, 2021, 12:06:32 PM
He will be sad again for seeing this pump if he already sold his bought coins which got dump with huge bear market calamity happened before.
Every investor has to learn the lesson, many times. I don't feel bad when I admit that I do this mistake many times.

Quote
This current big bit by alts this year is one big indicator that its good to hodl even if the market is dropping since in future if we can able to hold our patience a huge reward will came.
The altcoin market in 2017 and 2018 are hyped with ICOs and many scam projects end months later with serious loss, dead projects and no products for investors as their developers promised.

It is repeated again with DeFi in this year and more scam types with NFT hype.


I don't fully understand what you meant but if you're talking about investing in altcoins, one has to be very very careful. It's not new neither is it strange to anybody here that it is very easy to get carried away by the prospect of making so much money by investing in altcoins.
Altcoins are good in bull market because they can increase in times, not in percent. In bear market, bitcoin is the strongest and you should not invest in altcoins, hold altcoins in bear market.

I hope my friend can start again at this time, because I see that alt season is going to happen, where is it that the coins will increase sharply, it looks like BNB, Polkadot, Chailink might be a good alternative to buy and hold it until the end of this year. What do you think.
BNB is good but I don't see reasons to invest in Polkadot at its high price. That project need more time to become another BNB or Ethereum.


Title: Re: Invested in alt in 2017 ..and now need help to dont do same mistake
Post by: chainganginc on July 08, 2021, 12:53:26 AM
Back in 2017, much of the focus was on altcoins as there was an ICO boom. But the same altcoins, which gave 100x or 200x returns during the first half of 2017 went down by as much as 95% or even 99% in 2018. Almost everyone ended up with losses, and some of my tokens and alts also went down by a lot. The established alts, such as ETH and ADA made the recovery, but the smaller alts and tokens never recovered from the slump in 2018. Most of them are now dead or dormant.

Should of just bought Dogecoin and held. The market cap is so big but I didnt pay attention SMH.  I dont see no more Dogecoin opportunties for maybe 2 years.