Bitcoin Forum

Bitcoin value is going high every minute, and its gonna keep going up too. So all the people who invested their bitcoin in alts for long term are doomed now.
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?

It really depends on the coin.  I've got a lot of alts and I have seen the market fluctuate pretty severely.  At some point Bitcoin will dip and alts will come back up.  Right now pretty much all alts are down, and as soon as the price of BTC stabilizes or dips people will buy alts again.  It's just a matter of time.  Having said that, I have considered reducing the number of alts in my portfolio.  I've been doing this so long that when I see the market like this it doesn't panic me any more, it just stings a little bit.  

It would be nice to see more fiat to altcoin exchanges, furthermore not to refer to every other cryptocurrency aside from Bitcoin as an ‘altcoin.’ Though this is ‘Bitcointalk’ after all. I think we can agree many cryptocurrencies have far superior technology to Bitcoin, Bitcoin just seems to be the universal cryptocurrency due to its birth as the first. It would be narrow minded to believe that will never change. I hope many cryptocurrencies become universally adapted for a means of exchange for goods and services, especially where the economy has failed due to poor governance. Take Venezuela for example.

Its a fact that Bitcoin will most likely carry on going to the moon. It's value increasing by the minute but it doesn't mean that Altcoins are doomed.
Another fact is that Bitcoin will start a dump and Alts will pump, its a chain reaction, but it doesn't always happen. It's definitely a matter of time and matter of staying patient and not simply pulling out of Alts all together. Bitcoin will eventually dip at some point.
I am using a few Alts too and I prefer to stay with these few Alts so, If i lose, i wont lose too much.

It all depends on what coin they invested in. I agree 100% that if Bitcoin stabilizes or consolidates, people will start pumping back into alts again. With the hard fork coming, I think we are going to see alts take off again as a means of diversification for whales to spread their risk.

Alts are not doomed for sure, although it might seem that way. Bitcoin will eventually take a dip and Alts will pump again. Patience is a virtue and it will pay off in the end.

It's a big mistake to look an investment's performance over the last few months, and extend it linearly forever.  Markets change.  After B2X we might see a pullback in Bitcoin and money start to flow back into Alts.  There are too many good ideas and projected floated with Alt Coins for some of them to not regain their success.

Every dog has it day and i am sure alts do as well! :)

It really depends on the coin. If it has a lot of supporters, you are not doomed. Sure bitcoin is the first and the best right now

I hold some alts and I am fairly optimistic that they will recover, cryptos like everything goes through cycles and right now seems to be bitcoins turn, next month or some other time in the future it will surely be altcoins turn.

You may be new to crypto to be able to say that. Market distribution phase is natural after thousand percent gain a few months ago for alts. BTC has a direct correlation with the drop though that's why it has lowered more than the support line. But it will all change once the buying frenzy for BTC levels out and stability comes in. People will surely change to quality alts and a new bull run will be on its way.

New tech presented by alts that have been developed recently can also be a good pick post-fork. Coins like DeepOnion - lower rank and marketcap has so much room to grow after all this fork drama of bitcoin. Hopefully you can pickup some from cryptopia and joni the airdrop as the coin's fetures and community support is just too staggering to miss out.

I agree with you but not all altcoin like that. I nvesting in an altcoin and it is true that the price doomed , but altcoins whose different concepts may be stable (though down but not too much). But it seems to be a risk for now let's wait

May be you don't know the history of the bitcoin.bitcoin has very large history and since nine years the btc price increasing day by day.before 9 years the people can buy only two pizza.but nowdays the btc crossed upto ₹500000/- INR.so it is very profitable for me and other peeopls.i also suggests you to invest in btc.beacause till the 2022 btc will be crossed upto ₹1000000/-INR. ;)

Doomed? I dont think so because alts will recover soon once those people who are accumulating bitcoin as of now would able to get their free btc2x and they would tend to convert to altcoin again.Its not really surprising for alts to go red specially on this fork events which we did actually witness on last 2 previous forks.The same situation is happening as of now.

This feels a lot like the last hard fork... BTC pumps up as everyone tries to hold as much as possible to maximize their fork payout, then after the snapshot they'll start buying altcoins again. No need for all this doom and gloom :)

Bitcoin won't stay parabolic and you can always count on people's greed for alt coins to go up/recover. Once bitcoin gains aren't "good enough" people will want to leverage alt coins once again to have larger gains.

Temporary losing in the amount of bitcoin does not meant that you are doom. For example, my friend who has invest in 24k of neo manage to hold all the way from ico to 12$. He has lost ton of eth and bitcoin values for years but it turn out to be one of the best bet he has. Dont forget he still have 1.2k gas.

It pays to be patient. I'm holding some heavy alt bags but they'll come good eventually.

That is a great mindset. However, it is always good to have a balance portfolio. My style is to have 50% in bitcoin while 20% in eth and 20% in alt coin with great fundamental and last 10% maybe as reserve in eth or in ico. 

I don't think 'not be able to recover their investments' is true.  I mean let's be logical here, market trends always come and go.  And right now, it's all about Bitcoin.  But it won't stay that way forever.  Sooner or later some altcoins will start rising again.

I'm actually holding some XMR and LTC in cold storage.

We are so young in crypto anything can happen. This is just another Bitcoin craze and alts will rise again. Plus I try to stick with alts I know will rise any ways. Give it patience and keep holding. You only lose if you sell.

I think this is a very ignorant summation of the cryptocurrency as a whole.

BTC is gaining and I am happy for those who are invested on it.  Review this post a few months in 2018 and tell me again alts are doomed.  If the trend continues, I will apologize and acknowledge your "wisdom". :)

I can county myself one of these people. I was planning to share my folio between bitcoin, ethereum and lot more different altcoins. Then I saw alts going to get rekt. I would say I was half lucky, half unlucky. I saw upcoming crash like 2 days ago or something. But I didn't expect it happen this soon. So I could exchange some of my alts with ether and bitcoin. But not all.
I basically watched my altcoin wallets burning to cents :D

It really sucks what is happening to Altcoins right now, but it shows you and teaches you a very important lesson. It's called hedging. Whenever you invest in something you have to make sure that you are adequately hedged, which means you should buy things, that move in contrast to your main investment. For example, when stocks go down, Gold is going usually up, and vice versa. Gold is acting as hedge therefore and kinda balances out your losses. The same is with Bitcoin, you should have a portion of your funds invested in Bitcoin, because it's hedging you in case it increases or decreases in value. As you might have noticed, when BTC is up, altcoins are down and vice versa, it makes sense therefore to be invested not only in Altcoins but in BTC itself in order to reduce the effects of a potential downfall that you are experiencing right now.

I tried to warn people several times, to not put their coins into shitcoins. They asked me to rate their portfolio, I told them the honest truth: "what you are holding is 99% scams, just stay on bitcoin, unless you want to gamble, if you want to gamble, then don't hold alts for too long". They wouldn't listen, they would call me a "bitcoin maximalist" (what a stupid term to use).

Well now you are reaping the benefits of spreading your BTC across a ton of different nonsense alts.

You got it wrong. Long term investors are the only ones who are still going to be in profit when the storm settles. Its the short term players who would panic and sell their holdings. Remember that if you don't sell now, the loss is only on paper and not real till you actually sell!

No it is never Domed to long term investment. if someone want to invest with his lazy money it is a best tram to long term invest but which coin you want to invest ? Still now some altcoin have best investment and you can buy bitcoin for your long term investment. We already buy so many bitcoin and it is now hit $7000 .

Doomed you say ::). Bitcoin is having a bullrun due to the forks and clone of the coin in 2017 does not make alt investors doomed. Note that alts will still have their green days ;D. Maybe what you meant to say was that those long term investors that have their money in shitty coins without products are doomed 8).

it depends on the coin that they are holding. Coins like OMISEGO will comeback its price again anytime soon after this bitcoin hype phenomena or after the last fork. And being a long time investor is not doomed yet with this kind of hype. Thats really something normal because there are times that there is a red days to be experience.

The projects that had no purpose and no real value may not recover from this, but I assume the majority of alts will over a period of time, especially those that are well-placed to disrupt things.

I still do not try to invest in the bitcoin, but I invest on the newly released coins / tokens. because it seems to me easier in my work.

Although it is true, it is not necessary that Alts will be the same forever. Who knows, it might just rise after the fork.
Altcoins have been going down since a very long time now and this might be the bottom from where Altcoins would see a rise.
I have got some news that Alts will be recovering after the Segiwt2x fork since people have been waiting for the fork to finish so that they can reinvest in Alts. I had sold my alts recently so that I don't suffer from more loss. Will buy them when I see a decent rise in them.

After this fork will be another one and one more and more. It's hard time for alts. And a lot of us HOLD big bags of alts and lost a lot. I'll hold my bag for half a year or more, have 50% at BTC and other parts in alts. Now it look like 70 in BTC, but I don't sell anything. Forks eat all alts

Just because bitcoin going high doesn't mean alt holders are doomed
For short time trader maybe yes,but for long term,they will making profit by holding for years assuming the portofolio is good

To echo and support what everyone else has been saying, NO, you are not yet doomed. Yes, all altcoin portfolios are currently suffering a tremendous loss, but most likely your investment did not decrease in fiat value. While your potential loss in bitcoin value is great, if you look at the conversion, you will still have almost the same amount of fiat. Too bad you weren't able to ride the bitcoin wave but you're not doomed because you can always still sell now and buy bitcoin.

Good luck to altcoin hodlers.

believe me bitcoin will not be brought down by the government officials but by the people, this tulpomania that burdens the infrastrucutre will deal with its nature sooner or later,

their might be uprisings one day in countries that are hungry and that dont have the electricity to power their agriculture. because of bitcoin waste.

bitcoin will get serious competition, ok not from the current burden and wasters the "owning" elite but from below in the wealth scale.

the OP is new and not seen this cycle before

Long term investors in ico and dog shit alts are of course doomed anyway. Their coins will be diluted by other craps.
Most of these teams rely on other real devs products to even be able to release their droppings.

The outstanding alts with proven super devs are going to be the ones that make it and make it big.

If you see today's chart then you can see some of the alt coins also got green, in this time, most of the people will regret not to invest in bitcoin but sometimes it's more profitable to invest in alt coin, they have their own speculation and the alt coins investors is not doomed they just need to be more patience

The price increase look like a threat to value and possible rise in altcoin, but it is just for this period only. When altcoin start to rise too you will be amazed at how pretty fast it can rise.

bitcoin is really rising rapidly, so more people are investing their money into it to earn more profit, however it is unstable, not good for longterm investment, so i think, we should be patient and hold our Altcoins, after this B2X, the price will back to normal and they will invest in altcoins again.

Do you mind to list your alt bags portfolio? I am very interested in altcoin investment. Bitcoin is rocketing too high, I don't wanna add more money on it. I think the marketshare of bitcoin will decline slowly until stabilized at like 30~40% percent in the long term. So there is a huge room for altcoins and patience and a good portfolio is the key.

This is the truth that the people who invested in the altcoins for long term are facing currently lots of loss ( in term of bitcoin ) .
Here I can say that they have not much sadness about this thing because I know very well that price of the altcoins get down but still thier value in the btc is over-all not at all loss ( may be 5-10% loss  in the investment ) .
Here perosnally I am facing 10% about loss in the Digibyte coin investment Because the price of the Digibyte coin is get down to 50% and overall in value of $ I have lost about 10% only which is not a big thing currently for me . The big loss that I am facing is in the pivx coin of about 30% .

I think the reality of this is that too many investors are buying into alt-coins that are overvalued. Really how was dogecoin ever worth 100 million? I have also lost value in my alts due to this coming fork, but the reality is I got a bit greedy and paid inflated altcoin rates. There are some good altcoins don't get me wrong, but looking at coinmarketcap it's crazy how overvalued some of these companies are.

Long-term investors can still make money if they are strategic, patient, and smart.

I don't agree with you. Crypto is one of the most volatile markets in the world, so if you are a long term investor (I am) you should know that and live with it. Plus you should never invest in one asset class - cryptos should be part of a well balanced portfolio.

Yes, altcoins have been bleeding at the moment, but there are a lot of good ones that will recover very quickly after the forks. It depends on the quality - and on the project. It is true that some of them won't, but it is very dangerous to make generalizations in this market.

Bitcoin price is continue increasing and its true that if you are one of those who invest you probably earn by this time. However i dont think those who invest in altcoins are unfortunate for choosing altcoins instead of btc. It depends on what coin you invest in, and for long term investors you cant see quickly the progress thats why you have to be patient.

The assertion that the Altkoins are promised in the long run due to the fact that bitcoin rises constantly in standing, while the altcoyins stand still, is not entirely true. As a rule, each altcoyin was created for some narrow purpose and is applied in a narrow area of ​​our life. Their value depends on the need for a coin and its support by the community. They perform their function independently of the bitcoin course, although they are connected with it. Bitcoin is the first and universal crypto currency, and altcoyins have their own specifics of activity and existence and in the long term it will be the altcoins that develop, because they also have a future.

I think I will sell 50% altcoins to transfer to invest in Bitcoin. Which 50% altcoins, these are altcoins I believe they will rise up in long-term

I don't agree with you. The growth of bitcoin will not last forever. And after the fall of altcoins will grow. You just need to wait a bit.

Are there any evidence that btc price will continue to rise??

Some coins like Ethereum, Litecoin and the other top coins can be kept long term without any issues with their investment.

Why would they be doomed?

Alts and bitcoin are two revolving cycles. Since the money is now flowing into bitcoin from altcoin investors, the bitcoin price is rising. But soon, the opposite will happen. The altcoins that were losing value will get pumped eventually.

If you believe in a project for a long term, just because it's down 20% or so today doesn't mean it's going to ruin your entier investment.

I'm one of those people who invested in Altcoin. I have no doubt that Altcoin will grow by next summer. Take-off can not be avoided. 8)

Can you say in what alts you invested?

My expectation is that Bitcoin will retreat to 4k-5k after the forks, money will go back into alts.

It's a bargain now. The question is when to sell your BTC to buy alts again.

İ dont thinking like you but it is depend on coin which you invested.For bitcoin you are wrong i think because long run investors make too much money already

I think the most people can recover their invests in the next bullseason. It maybe will take some time, but I am sure that the alts will follow bitcoin in longterm. But there is no space to breath for altcoins imho, because of Bitcoin.

CME's plan to offer futures on Bitcoin could have put a bottom under Bitcoin though.

Also it's anyone's guess which altcoins will recover and which ones will bite the dust.

I was among those who kept some altcoins in time. the very high increase of bitcoin price leads to a decrease in the price of some altcoins.
I am losing 10-20% now, but I still have confidence in recovery to profit in the future.

Let's see what happens after the fork. Altcoins will come back up. I'm especially excited about XMR's long term potential.

A few weeks or months have nothing to do with long term. And we have been seeing these kinds of movements and phases for as long as cryptos have existed, so there's nothing new here and definitely no "doom".

Bitcoin value is going up but that doesn't mean that it will always go up it can come down sometime, someday who knows!
Also those people who has invested their money in Alt coin they will have profit but not that much and not that fast as the Bitcoins gives.
They all have believe in alts that someday they will go up like Bitcoins when Bitcoin will lose its value.
Now the market of Bitcoin is really high but I suspect it will drop down very fast.

I don't know behavior like this is what happened in the dot com bust:
https://www.bloomberg.com/news/articles/2017-10-27/what-s-in-a-name-u-k-stock-surges-394-on-blockchain-rebrand

This is not true, some times long term investors are those who make more money.
Think investing in BTC when it was nothing...
Today you can invest to a really good ICO with long terms goals

Nowadays 99% of ICO is scam. And there is no way to determine which project will still be successful. This is a real lottery.

That may be true for the majority of alts but sometime there's promising alt that keep going even though bitcoin keep increasing right the situation we are in. I invested quite a lot in neblio and so far it's going up even against btc from the ico. But i usually count my investment in usd so the only one that matter is the usd value for me.

I think there is nothing ''obvious'' in the cryptocurrency world. There are many people who are buying altcoins because of the low prices. If an altcoin price falls, it is not the meaning of that, that altcoin is useless.

Alts have been down for years before but they came roaring back. They will do so again because people are greedy and lazy looking to get rich quick which is the selling point for alts.

Some of my ALtcoins investment have lost more than 70% of the Bitcoin value, but I still believe it will recover, we all know the the money enters the space through Bitcoin and later filters to other Altcoins, it is just a matter of time

They're not doomed, actually they know that Altcoins will have the future because people cannot afford on investing Bitcoin due to it's value. Altcoins has a potential to be the next Bitcoin and in fact, Some Altcoins have already a good price like Ethereum, Waves, Ripple and Bitcoin cash and Bitcoin Gold. So, investors aren't doomed because Altcoins has a good future and Cryptocurrency is the future of economy and trade.

What you talking about? I bought LTC in the low $40s after selling $80s (after buying at $6). And sold BCH at $800s and repurchased from $450 down to $350. LTC is $55 and preparing to go to $100 - $150 (maybe a dip into $40s first or maybe now). BCH is $600+ and climbing. Nov 15 should send both up given the likely failure of 2x. Bitcoin will probably exhale into alts after topping at $8000 - $10,000 over next 2weeks. Note other scenarios are plausible though.

I am up. Why are y’all down? Maybe because you do not read my posts.

This thread is very bullish for alts. When y’all start capitulating the bottom is near.


Ah the bottom is near. Massive rise in alts ahead as BTC tops out at $8 - $10k and the exhale into alts begin, repeating August again after the 2X fork fails and Bitcoin gold dividend is collected.

Alts are part of the crypto eco system and will always be, if you think bitcoin is the future, then for sure there is a place for alts as well.
You don't see just 1 stock trading on the stock market either.

all people who entered the crypto market after august are showing their investment melting!

for me my investment is the same after 4 months but i expect that i will loss something like 50% in the near future!

We may have one more move down for the alts, if BTC makes a quick lurch towards $10k. After that, I expect an exhale into alts later this month. First the major alts, then later the lesser alts.

That is presuming the entire crypto market does not collapse due to some black swan event.

Definitely do not want to trapped holding bags of illiquid, lesser alts when the next crypto winter comes (when ever that may or may not be).

im one of those who invest in some altcoin before the price rise
i think i lost around 25% - 40% if i will think my investment is in bitcoin
but if i will sell my altcoin and exchange bitcoin and then $
the price is still not really have much different in the price of my investment in dollar

if you are looking at what your would have made if you did not buy alt, it makes you feel bad, but if you look at the USD value of your funds at the time you bought the bitcoin you used in buying alts, there is no much change. It is not as bad as you think because alts will still come back up and people who are holding good alts will still profit.

I don't think they are doomed. The pump is just because of those bitcoin forks. When the price reached a better stability, other alts will go up again. It really depends on the coin that they invested in.

Lol. No matter how you look at it, profit is profit man. And surely, when i say a lot of people have gained a whole lot of bigger profits investing in ICOs than with bitcoins, a lot will surely agree. Anyone having profits and maintaining big profits would never ever regret investimg. Hope that clears things up for ya, lol.

Long term investors really make a good profit, but as what tings now are happening, alts is being push back due to bitcoin's persistent rise for several days now. I lost already more than 50% of my portfolio in some alts but still I am hopeful it will recover soon after correction.

I think, that looking at one moment in time and basing decisions like that is the permanent forever status will lose you more money than gain.
Fact is investments are fluid and constantly changing, the smart play today will not always be the smart play tomorrow.
Long Term investments take into account aspects that are unaffected by hype
such as
ZEIT
Only coin to Solve the Following
PoS Inflation Problems       =   √ Solved moved to Ultra Low Inflation
PoW Energy Waste            =  √ Energy Efficient
PoW ASICS required           =   √ No Asics required
Massive Operating costs     =   √ Minuscule Operating Costs

Compared with BTC
BTC.............................................
Low Transaction Capacity
Energy Wasting ASICS
Increasing Transaction Fees 
Rich can jump ahead by higher fees
   Verses   
ZEIT
20X BTC Onchain Transaction Capacity
Energy Efficient
Low Fixed Transaction Fee
Transactions included in the order they were created

Long Term the Fundamentals always defeat the Hype that dominates Short Term Investing.

 8)

I am one of those people who moved to alts... Well, in hindsight it wasn't a smart move, but if we hold long enough the market will have some other cycles which will be more profitable for altcoins vs bitcoin.

No, they are going to recover. Maybe not all of them but you just need to know that when btc is rising fast, this what happens and another reason is these forks are making it worst so let's just wait for those to end.

yes! alts already established their part in crypto world and there will always be a place, altcoins will recover anytime soon.


After bitcoin fork will be the best time for altcoins to recover. A coin with experienced team behind it will never fall. Coins like monero and ripple is one of those so i still not give up

People forget what has happened in the past pretty quickly. If past history is to repeat, the altcoins should see a good recovery after the forks are done, this is what all the experienced traders are doing as they have seen this before

I see two factor one is upcoming HF and second that price for BTC rising very quickly so BTC buyers aiming next target 10k. Imo, we can hit 10k pretty soon before HF.

Yes, nothing beats Bitcoin so far in the long term. The only possible alternative may be Bitcoin Cash. Fingers crossed.

The most pointless and dangerous thing in trading is trading in history.

Bitcoin transactions cost around 5$ and increasing taking around 1 hour to confirm.

Keep the network at this state has a power consumption close to entire countries like Nigeria or Bahrain
https://digiconomist.net/bitcoin-energy-consumption

Bitcoin is getting more and more unsuable, and whatever it does it´s done way better, faster, cheaper by alts that cost a couple of dollars. Do you really imagine people buying something in Amazon or Alibaba for 30$ and paying 5$/10$ in fees + waiting hours for the order to confirm?? what´s the point of this system over traditional methods that already doing this better?. I don´t see that, Amazon said they probably make their own coin instead for a reason.

If you want value you need adoption, if you want adoption you need utility...

Bitcoin value is the fact that people buy expecting ROI not expeting it will increase because it will have use.. that´s a bubble.

Yeah i am one of those as well. But it is too late to exchange the altcoins to bitcoin. So i am going to hold them and wait for a bullish altcoin thread. If i sell them now i am sure i will loose more money.

There's no need to panic so much. Even if BTC has like 60% of the market cap, I'm pretty sure it'll drop to around or less than 50% after all the fork shenanigans are finished. BTC dominance was almost always near 50% before BTG and segwit2x. The money will trickle down to alts soon  ;)

Exactly, people sell altcoins for bitcoin and wait for next hard fork segwit2x, therefore they can make more money. But holding alts makes me painful because we lose much money, alts drops too fast.

Not totally doomed. There will be a cycle of who go up and go down. For today it is bitcoin that go up and altcoin that go down. Money is going to bitcoin today and after some time money will be back to altcoins.

I also have a large proportion in alts. I suppose my perspective is based on when I came into crypto in April this year. I bought a lot of ETH and saw it massively outperform bitcoin. In hindsight I should have switched it to BTC as soon as ETH started to peak, but decisions are easy in hindsight. I underestimated bitcoin because all that I'd seen was an ETH boom. Now that I have a few months' more experience following the markets I am not worried about short-term fluctuations.
The BTC rise will tail off at some point, possibly with the segwit2x fork when people will have got their new coin. Good alts will rise again. The thing to do is regularly adjust your holdings so that you have a percentage split that you are happy with. Always learn and gather experience, this is the best way to ensure you make sensible decisions rather than basing choices on panic and FOMO. My decisions now are still a long way from flawless, but they are better than they used to be.

There are still have chances to see some of the altcoin to be pump at least 2x

Yeah I'm one of the those people. We experienced lots of things. And this is not an end.

It sure looks like that, with bitcoin going up to 10K. Altcoins seem a little bit lost, but that will not last forever. Ethereum will surely get back and so will some other altcoins. But that will take some time, so just hold and aim for the long term.

Yeah, given this time, it is a nice time to buy altcoins because of the low price. You really just need patience in order to earn the best profit. I also believe that this is not the end. There is so much future in these alts especially those decentralized alts like monero and zcash.

I think that it's going to be a different scenario in the long run. Many altcoins fail because the developers didn't plan things out thoroughly.

If you play the market and day trade between altcoins and bitcoins, then you could make a lot of money.  Bitcoin is rising fast but that is mainly because of the fork that is happening.  I suspect it will go down a bit and more money would be invested into altcoins.  Now is a great time to buy altcoins as I would forcast the ones that have potential altcoins would gain the most as soon as the bitcoin fork is over.

In my opinion Bitcoin will return to nowadays level within the time. The question is would it be higher or lower than the price at the beginning of this growth. To sell Bitcoins on the peak is reasonable thing.

The matter is when it start to fall down.

The dot com bubble also had a lot of greedy people who had no idea what they were buying too. So yes, a lot of people will get screwed in crypto, because they're not careful. Doesn't mean that serious long-term investors are going to have any problems here. People got rich during the dot com bubble and people will get rich during the ICO insanity. It's up to the individual if they want to follow the herd or properly study projects.

They are not doomed bitcoin will surely fall down, but we must know that bitcoin is unstable so you don't have to worry about that. Bitcoin is also good supported.

I think if it falls down hard it will come back up again, but it will take sometime though.

Once bitcoin is stabilizing only then you will see it from you seat that most of alts are skyrocketing ;D
But yeah, if btc prices going up alts ill be dumped, but as we know btc cant always go up, there will be a time for correction

I doubt longterm folks are doomed.
BTC must finish its dirty forky job first and stabilize to calm down weak hands.

Long term investors in Bitcoin keep on getting more perks.

Bitcoin cash Bitcoin gold etc. Bitcoin is the gift the keeps on giving.  :)

I really don't think, that long therm altcoin investors are going to be doomed,lol. The entire world is still pretty much unaware of the cryptocurrency thing. With the recent quick rising of bitcoin, more and more people are going to pay attention to it,tho..and since bitcoin is no longer cheap for anyone to purchase in high quantity, most folks will start to pay more attention to altcoins.  So its a good time to but altcoins now, while everyone is still trying to get a piece of bitcoin,lol. I've invested in a couple of them so far, like Nem, stratis, ethereum, ripple and I'll add Tio to my list, high potential.

soon we are see that altcoin price will be increase back and i am sure that the price will reach the highest price that we can know. i think we need to be waiting for a while before the bitcoin price is down or gets stable first then we can have altcoin party by increasing of the price. i still have my altcoins now and even if i am selling now i can make profit, i think its the best thing if i can sell in the another high price.

Once bitcoin is stabilizing SOME of alts will fly, not most of them. There are to many alt. The main is try to find best of them. IMHO only 10% maximum will survive

To me 10% sounds very generous in the long run. I can't even see that many surviving.

I believe Bitcoin will become stable as times go, but to say it will fall, I don't think so those buying into Bitcoin now are big boys are into this for a long haul and to say Bitcoin is unstable what are you going to say of ALtcoins

Investing on altcoin far more riskier than bitcoin but the profit may be more than bitcoin since altcoin far more unpredictable.
When altcoin get dump because bitcoin is pump , it's normal things because when you sell the altcoin, it's value will be equal with current altcoin value

So before try to invest on altcoin, think twice !

As of today, I see some of the alt's are recovering like, Litecoin and Dogecoin see the reference. https://coinmarketcap.com/. I think we need to have fate in alt coins if you really think that they have potentials. Don't loss hope, maybe someday they will become one of the bitcoin or ETH.

Don't be stupid, the alts with good ideas/teams/dev behind them will moon. Obviously you don't understand what is going on it the world

Long term investors rarely lose. It is the short-term investors who buy high and then panic
 sell at the lows who lose. Most alts will rise to new highs next year.

To be honest with you, your assertion about doom and gloom is really looking like it for people that ate holding altcoin. Bitcoin high value have decimated the alycoin value. I have people that invested $20k but the worth of their investment us worth less than $5k right now. How do you advice those kind of people?

I'm hodling REQ and ENJ and I'm feeling comfy, not worried at all. The prices will rise eventually :) REQ is mooning as I'm typing this.

I have some LTC, ETH, DASH, XMR, ETC, BCN, DOGE, BCC, and EMC. All great teams, whitepapers, they are solving problems, and have potential. But still waiting for the great ALT movement to kick back in when BTC corrects itself. Then off to the moon in my alt lambo.

It isn't goes like this
Think like a master-apprentice, horn-ear
I'll always think about like this for altcoins

The reality might be looking like everything is doomed, but i have seen this repeatedly before. When you thought it's all over for crypto, that is when altcoin rises to a new height and profit  keep pouring in for those that were patient enough to hold on to their coin and their believe in their coin!

Im confused with the wording of your sentence.  I know you do not to get bitcoin in order to buy altcoins.  But if you plan is to buy altcoins, aren't you just using bitcoin as a medium to buy the altcoins?  For example say you want to buy 5k worth of lisk.  Well in order to do that, you need to buy around 5k worth of btc first... then buy lisk with the btc.  But of course if you just buy the btc and then keep it... well the prices for bitcoin has gone up and altcoin prices are going down.

What coins are you invested in that cause you to have a proper insight on what to invest in? All I see is Ethereum as being the coin to invest in this year.

Plenty of alts will do well.. it's not a zero sum game. There is a lot of money to go around.

I'm confused about ur wordings. i'm holding some alts Waves, LISK, Nem, Adex, ETH,LTC i'm rooting for this coins maybe next year. when bitcoin stay at it's price and alts will pump its hard. i'm ready to buy a new House and lot

There will be no more predatory loans, inflation and crises. An excellent financial system beyond the control of the government and the bank. Prices for bitcoin are growing and this encourages new people to pay attention to mining. In the future, the effect of "network" will be a sharp increase in information technology. Wildly successful experiment!

Loans have caused a lot of trouble. The largest financial crisis may have been caused by bad loans. Recently I have been seeing ICOs for blackchain-backed loan projects like Salt. What do you think of those?

A short term profit by investors, it won't last long because they are just depending on investors who want to invest part of their criteria is to give referral link to other new investors. just look for a fundamental coins that will give you profit later. just a friendly reminder

Same here. I can't even see that the alts they've bough or invested in an ICO can keep up in bitcoins price. Bitcoin is the king of cryptocurrencies and will always be. If there are alt that can dethrone it then Bitcoin is already not in the top in the 2013-2015 Bitcoin crises. But alts of course ( those who offer really good platforms and services) might be a major altcoin in the future. Promoting, developing and catching the hearts of people by other crypto is just hard to attain.



The problem here is that there are so many scam ICO, and even if they are promoting the product in the first place, if they got their money, they don't pursue their platforms goal anymore and say: something's go wrong. Time can only tell the future of the alts industry. And this will be a decades of development.

I didn't realize Salt had such a referral scheme. I was quite surprised seeing Salt appear in the top 50 on Coinmarketcap, but didn't look into it much further than reading it's about blockchain-backed loans.

As for fundamental coins, any suggestions?

Bitcoin seems to be skyrocketing however, alts are slowly coming up too. Long term investors of alts may see future ROIs..but that depends solely on development of these products. Let's wait and see.

Your theory does not hold water. It is proven incorrect by both the stimulation of alts in today and the history of the altcoin market. The history shows that Bitcoin always pulls away first and the, on good news (that the fork is no longer taking place), the alts catch up and hit their highs.

Anyway, good luck and remember that the history of the market can tell the future (as well as the market caps which are gaining right now)!  :P

If you invested in some little-known token, then, of course, there can be a problem with it. However, if this is a well-known altcoyin, then there is nothing to worry about. After a while, it must rise in price and in the long run it will necessarily bring profit. However, waiting sometimes takes a long time.

Yeah that's what the actual seen inside crypto industry even downfall showed with alts investment as bitcoin continues to rallied upward chances of bouncing back would difinitely possible especially with those wood quality projects. Just better to think positive and continue learning.

Long term: BTC
You should keep BTC
ETH maybe is 2nd choice
But you should keep BTC
when btc up, altcoin down
when btc down, altcoin down too

No I will be not so pessimistic about investing into altcoins. Why do you think that long-term investors are doomed? Ethereum is constantly demonstrating its stability, DASH, which value is close to ETH value has future, Monero XMR investors will certainly earn investing into this crypto.

And now all altcoin is rising up!

It's the other way around - it's one of those stable alts that will become slowly stronger and will be used more, *because* of its stability. Those bitcoins will trickle down to the alts pretty soon, but in the really long run, it's those stable alts that'll survive.

I think these are just market trends. Also Bitcoin will have its down moments. What if Satoshi Nakamoto would suddenly decide to sell some of the over 1 million bitcoins which he owns and never used yet? In this case it would be Bitcoin to be suddenly doomed...

you are too pessimistic. no one knows the future, maybe for altcoin when it goes down drastically. but maybe in a few months the price can go up again, I always believe some altcoin will go up in the next few months.

Well, with the current situation of bitcoin continually rising, the Segwit fork on hold, and the latest news of the $300 million lost ETH, we will be enduring a rough patch before it gets better. This is particularly true to the bag holders of Eth as they will take a hit when the prices dip after all of these stuff happens.

Well i personally dont think the people who invested in altcoins for long term are doomed. It is true that the value of bitcoins is getting higher and higher every second. But it might happen that bitcoin's value falls and the other altcoin's values rise in future.Long term investors may not be doomed as after a long time they may get profit because of their investment in altcoind.

There's this ICO that was recently launched and they are the 1st to introduced a phased development of their project. Meaning there's a phase 1, phase 2 and phase 3. With this kind of strategy, investors are assured that the development of this project is continuous and will not end after a few months when its listed in an exchange. This gives long term investors good value for their investment.

thats why you need to have a risk management in your portfolio.I did 60%BTC 40% on alts to be safe.

According to me what you are saying is correct.But none of us know if there would be a significant drop in BTC.Most of the long term investers who have invested in altcoins are probably looking for that one chance when the btc price goes down(which happened when china banned all trades) or something similar so that they can cash out all their investments.

In the near future, you should buy alt now and wait for bitcoin decrease. that's when altcoin will pum. Pick altcoin at the bottom deepest

Altcoins are pumping back. Such drop phase are way too common when it comes to long term investment. Long term investors instead of looking the dumping phase as doom took it as an opportunity to buy some potential coins at such a cheap price. Most of the investors whom I know and me myself tried to average out the price by buying some more at drop. If you start looking at your portfolio everyday or you were tensed past month, then you aren't a long term hodler.

Hello. Cant decide if i should cash out some alts and take profit or if I should leave it in and wait for the big bucks. Before i always sold some when they did 2-3 times but now i think i have some good projects. When would you guys cash out?

Cheers

Everything goes in cycles.  Nothing goes up forever and nothing goes down forever.  It will all even out eventually.

In my opinion both the bitcoin and the good alts will rise, the market should give a good consolidated in the next weekly. Long term is a good option for good coins.

This thread only reinforces the fact that we cannot predict what's going to happen in the crypto market as long as bitcoin is concerned. The alts have turned green once again and bitcoin has flunked back to 6.8k$

First of all, your generalization not only does not apply, it has not even been proven. Long-term in investment means years. Not months or weeks. And with most alts not even three years old, and the majority of big ICO tokens only a year old or so, your statement can only be examined in 2019 and beyond.

Secondly, you are looking at Bitcoin price. If you stick to the fiat value of alts, in general they are rising. I am talking about non-ICO alts like Litecoin for example, and if you ignore the origins of Ethereum, that too. You are "doomed" if you are a long term BTC/alt pair trader, I agree. But not if you are an investor.

Bitcoin is going up in price, there is no stopping it when more people find that they can make money just by investing in it. There will be blood.