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Author Topic: Bought 20 Coins @ $50 Per Coin all in the Red Today 1-1-18 - No Moon in Site -  (Read 101 times)
burnum (OP)
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January 01, 2018, 04:32:53 PM
 #1

Hey Everyone,

Here is a list of 20 crypto's I just spent $50 apiece on for a noob traders experiment and a little New Years fun,

I spent roughly 0.00384919 on each crypto listed while they were listed in red,

What do you think could be learned from this "buy the dip" approach? Any and all critique or suggestions on strategy of buying coins when  they are trading down are welcome here.

My picks were basically based off of my familiarity with the crypto - but still quite random -

In the order I bought them in

                               Total Crypto's

   1. CannabisCoin      174.52577
   2. DopeCoin            261.19503
   3. Verge                 331.56949
   4. OmiseGO             2.68645
   5. HempCoin           87.26288
   6. Humanique         106.95172
   7. Waves                4.20474
   8. Viberate             130.37579
   9. Breakout            107.88331
 10. ADA                   75.06484
 11. Salt                    4.26088
 12. Rise                   40.99911
 13. MonaCoin           5.48509
 14. FunFair              553.25173
 15. Monaco              3.42677
 16. CureCoin            69.75957
 17. Digibyte             775.67010
 18. Decentraland      528.13851
 19. Bitcoin Cash       0.02184
 20. Ripple                26.90656
 

Happy New Year All!
 

Send me a message if you need me to respond to a post, or just send me some  $ADA in an amount that will get my attention = addr1qx7g7vzjtk9mcljxjy0vnewaljk33m67d227d95rsak8mmjdq5erwjygc05l6vftwdzy9qd3t4 9spl5kw5k6684gfawqw9r87w
burnum (OP)
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January 01, 2018, 04:33:16 PM
 #2

Thanx! to Anthony1985 for his experiment that started to get me thinking.

https://bitcointalk.org/index.php?topic=2613453.msg26590391#msg26590391

Send me a message if you need me to respond to a post, or just send me some  $ADA in an amount that will get my attention = addr1qx7g7vzjtk9mcljxjy0vnewaljk33m67d227d95rsak8mmjdq5erwjygc05l6vftwdzy9qd3t4 9spl5kw5k6684gfawqw9r87w
cryptopuma
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January 01, 2018, 04:37:17 PM
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Most of the coins you listed has upcoming fundamentals  and thats very cool decision,i am holding these coins too except salt mona and curecoin.

meer45
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January 01, 2018, 04:41:11 PM
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I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions.

burnum (OP)
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January 01, 2018, 04:53:38 PM
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Most of the coins you listed has upcoming fundamentals  and thats very cool decision,i am holding these coins too except salt mona and curecoin.

I am glad to hear it, I bought strictly in the red so they may have been on the way up or down I did not use charts for my decision - took awhile to click through and get all the buy's done too.

I think this experiment shows us that hodling is necessary for altcoins as well, even if not to the extent that is required with bitcoin. Altcoins are not magical things which start to make money for you right off the bat. You have to buy, be patient, even suffer some losses (I'm still waiting for the day the price of IOTA will continue to rise) and hopefully you will make money in the mid term if you made some correct decisions.

I think from my position I will hodl untill a very nice rise is seen, if one goes 10X I won't be able to help myself and I most likely will take profit.

Send me a message if you need me to respond to a post, or just send me some  $ADA in an amount that will get my attention = addr1qx7g7vzjtk9mcljxjy0vnewaljk33m67d227d95rsak8mmjdq5erwjygc05l6vftwdzy9qd3t4 9spl5kw5k6684gfawqw9r87w
Juzion
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January 01, 2018, 05:31:56 PM
 #6

Hey Everyone,

Here is a list of 20 crypto's I just spent $50 apiece on for a noob traders experiment and a little New Years fun,

I spent roughly 0.00384919 on each crypto listed while they were listed in red,

What do you think could be learned from this "buy the dip" approach? Any and all critique or suggestions on strategy of buying coins when  they are trading down are welcome here.

My picks were basically based off of my familiarity with the crypto - but still quite random -

In the order I bought them in

                               Total Crypto's

   1. CannabisCoin      174.52577
   2. DopeCoin            261.19503
   3. Verge                 331.56949
   4. OmiseGO             2.68645
   5. HempCoin           87.26288
   6. Humanique         106.95172
   7. Waves                4.20474
   8. Viberate             130.37579
   9. Breakout            107.88331
 10. ADA                   75.06484
 11. Salt                    4.26088
 12. Rise                   40.99911
 13. MonaCoin           5.48509
 14. FunFair              553.25173
 15. Monaco              3.42677
 16. CureCoin            69.75957
 17. Digibyte             775.67010
 18. Decentraland      528.13851
 19. Bitcoin Cash       0.02184
 20. Ripple                26.90656
 

Happy New Year All!
 


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