What was your worst loss investing in altcoins? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Invested in IOTA when it was 21k satoshis, and now under 5k. But I'm still holding it. So it's a paper lose of 78%.
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I've only 1 btc in my portfolio and all others are alts. But thinking about to add one more in it. What experts say about it, I must go for btc at this high rate or wait for the fork dust to settle down? I know I'll get the free coin, but is it reasonable to take risk of buying at this high price?
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44% of your portfolio contains XRP, definitely watching it. As, I've XRP in my portfolio as well, but little percentage, thinking about to accumulate more now.
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No one can actually tell how exactly the market is going to react right after the fork, only speculations that btc is going to dump hard. BTC dump equal to alts pump, so better watch the market actively and sell half of your alts at the actual rates where did you bought them or at a little gain. This is what I'm actually going to do.
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There are multiple options:
- Jaxx - Coinomi - Exodus - TREZOR HW (only supports big coins) - Ledger Wallets HW (supports many coins)
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if this fork is anything like the last one (bitcoin cash) then bitcoin price will rise after the fork. people were also speculating price fall, split, death,... about bitcoin before BCH fork too. but we saw a gigantic rise afterwards.
and also we have an additional good news about CME opening up future investments for bitcoin and it seems like the market is taking it seriously. and that is bringing in a lot of fresh money. the other day i read a large number of users have signed up on Coinbase (1 million in a day or something like that). that shows there is a new rally on the way. specially when this fork is out of the way.
i said all that to say when bitcoin rises, we have seen multiple times that altcoins get dumped hard. in which case i wouldn't expect any ATH from any of them.
Logical conclusion, but what if this fork namely B2X becomes the winner, because I read the words of verified twitter profiler, that the btc hashrate could drop 85%.
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Title says the 90% part of the question, to add into it answer with max 2 suggestions along with the reason of why?
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Winter is still pretty much cruel for alts, but let this fork dust settle down in the next few weeks then I hope alts will reach to the new ATH's.
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For the average person the million dollar train has left the station. A lot of money can still be made with Btc, but only if you are willing to invest an substantial amount. Should the bitcoin rate reach $100k, you would need to invest about 60k today in order to turn it into a million should the bitcoin rate reach 100k. The average person probably does not have this kind of money to invest, so becoming a millionaire with Btc is out of the question.
So the question must be: Are there any other coins for the average guy (with around $500 to $1000 to invest) to become a millionaire within a two year time span?
I start here with the coin I consider a potential candidate:
VERGE (XVG) Right now the price is around $0.006 per coin, so an initial investment of $100 would turn into a million should the coin reach $60.
Keep dreaming, look at the Verge coin supply and multiply it with $100 you'll get the idea. I'd suggest you invest your money in BTC or ETH, if you're considering to invest for long term.
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75% of my portfolio are Waves and thinking to add more.
I made a big mistake not keeping one single BTC and now it's too late.
Don't know if buy more Waves or some Monero.
WHAT?? All in WAVES? Never do this man. at least expand your portfolio to 4/5 projects. If one will get down the others might recover the loss or balance the things.
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DASH Annual Return – Approx 7.5% Need minimum 1000 DASH units
NEO Annual Return – Approx 5.5% Return: GAS
PIVX Annual Return – Approx 4.8%
OkCash Annual Return – 10%
NAV Coin Annual Return – Up to 5 %
Stratis Annual Return – 0.5-1%
Waves Annual Return – 1%
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If you don't know where to invest your money, then go in BTC, ETH or LTC. Safest investment.
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Check out GameCredits, this project has potential but must pay your due diligence before pressing buy button.
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If I had to pick only one coin, then obviously I'd select ETH. A big NO for bitcoin because of the new forks thingy.
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I personally believe NO ONE can kill bitcoin, but the new forks which is coming each month has the power to ruin its popularity.. Anyway time will tell.
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If I had to pick only three for long term, then I'd choose
Ethereum Litecoin WAVES
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This is just getting worst. Do you think Bitcoin value correction would be $5000
If Segwit2x miners manages to kill original chain with a 51% attack, Bitcoin will eventually lose the crypto throne. My bet is on Litecoin. ~ Charlie Lee tweet link
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IOTA: Tangle based technology and might be future of crypto currencies. Read cointelegraph article for more info. LTC: In case BTC lose the crypto throne, because of the forks coming each month. Next choice could be Litecoin. STRAT: .Net based first blockchain, and major competitor to ETH. Ripple: Blockchain based banking system.
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My picks:
LTC XRP IOTA WAVES STRAT XLM
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I'd suggest STRAT and WAVES. Both projects have huge potential.
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