Long Term Investors Doomed

[kuronokishi10]

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.

[regsintered]

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

[iram1011]

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.

[PPleaseman]

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

[Joe-Niner]

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

[Silenox]

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.

[Sebas.tian]

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$

[leea-1334]

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.

[AltcoinAuthority]

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.

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.