TenthKeyDave
Newbie
Offline
Activity: 25
Merit: 0
|
|
October 29, 2016, 07:13:33 PM |
|
UPLOADHi folks, not joking. Very thanks to windjc to open my eyes. We truly are in front of a new BIG PLAYER GAMECREDITS (GAME) IN MY LIST$ 8,847,675 OBJECTIVE: 100 M $ Potential: X11.3 I also did a bit of research on GameCredits yesterday. Moved out of VCash, upped my GAME from 250 to 1000, and left about $50 in BTC, which is over $54 now as the ZCash Apocalypse lays waste to the altcoin markets this weekend. (I actually watched as 1 ZEC = 1,200 BTC briefly on Poloniex. Madder than ten bastards on Father's Day, that was.) If that projected valuation hits, I'm upgrading my phone, my iPad, my router, and my Roku.
|
|
|
|
callah
Newbie
Offline
Activity: 2
Merit: 0
|
|
October 29, 2016, 08:56:32 PM |
|
Can someone explain to me what does all the predictions about altcoins value mean to anyone when raise of the btc value that we are having these days makes almost ALL altcoins to sink? And it seems to me that nobody here is worried about that. I mean, no matter which altcoin you bought from the list on the first page its price is probably now lower than when you bought it.
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
October 29, 2016, 09:43:46 PM |
|
Can someone explain to me what does all the predictions about altcoins value mean to anyone when raise of the btc value that we are having these days makes almost ALL altcoins to sink? And it seems to me that nobody here is worried about that. I mean, no matter which altcoin you bought from the list on the first page its price is probably now lower than when you bought it.
When the btc boom is over the rocket train will head into the direction of alts. 110%. Most people who are switching to btc right now are usually trading actively in btc (starting long/short positions).
|
|
|
|
VultureFund (OP)
|
|
October 29, 2016, 10:21:44 PM |
|
Can someone explain to me what does all the predictions about altcoins value mean to anyone when raise of the btc value that we are having these days makes almost ALL altcoins to sink? And it seems to me that nobody here is worried about that. I mean, no matter which altcoin you bought from the list on the first page its price is probably now lower than when you bought it.
Worried for what? Because you're losing -30% in some of your positions? I don't care, I know that most of my coins are good and will pump sooner or later. A rise of BTC is good at long term for ALTS. Look it from this perspective: If BTC is valued at 30 Billion $, why the fuck could not Ripple be valued at 2 Billion $ ?? More money in BTC means more money and attention to the blockchain economy. In the short term alts suffer from BTC rises, in the long term alts make a party with all that money. The real question is, do you have enough balls to keep a -40% position?? That is the only thing that separates you from being a little fish or being a whale.
|
|
|
|
callah
Newbie
Offline
Activity: 2
Merit: 0
|
|
October 30, 2016, 06:47:38 AM |
|
Can someone explain to me what does all the predictions about altcoins value mean to anyone when raise of the btc value that we are having these days makes almost ALL altcoins to sink? And it seems to me that nobody here is worried about that. I mean, no matter which altcoin you bought from the list on the first page its price is probably now lower than when you bought it.
Worried for what? Because you're losing -30% in some of your positions? I don't care, I know that most of my coins are good and will pump sooner or later. A rise of BTC is good at long term for ALTS. Look it from this perspective: If BTC is valued at 30 Billion $, why the fuck could not Ripple be valued at 2 Billion $ ?? More money in BTC means more money and attention to the blockchain economy. In the short term alts suffer from BTC rises, in the long term alts make a party with all that money. The real question is, do you have enough balls to keep a -40% position?? That is the only thing that separates you from being a little fish or being a whale. I am not worried so much because I invested only what I was ready to loose. It is just that I am new to all this and I am trying to figure out how it all works. A month ago I bought 1 btc for the first time. With it I bought some eth, sys, xrp, xvc and geo. I made some mistakes on the road, but nothing major. I havn't think about how will rise of btc affect price of alts until it happend.
|
|
|
|
Gillette
|
|
October 30, 2016, 10:23:53 AM |
|
UPLOADHi folks, not joking. Very thanks to windjc to open my eyes. We truly are in front of a new BIG PLAYER GAMECREDITS (GAME) IN MY LIST$ 8,847,675 OBJECTIVE: 100 M $ Potential: X11.3 Yes it`s a joke I think. Gamecredits is already overpumped. I would avoid it.
|
|
|
|
iHaveNoClue
Member
Offline
Activity: 85
Merit: 10
|
|
October 30, 2016, 03:18:39 PM |
|
Can someone explain to me what does all the predictions about altcoins value mean to anyone when raise of the btc value that we are having these days makes almost ALL altcoins to sink? And it seems to me that nobody here is worried about that. I mean, no matter which altcoin you bought from the list on the first page its price is probably now lower than when you bought it.
Worried for what? Because you're losing -30% in some of your positions? I don't care, I know that most of my coins are good and will pump sooner or later. A rise of BTC is good at long term for ALTS. Look it from this perspective: If BTC is valued at 30 Billion $, why the fuck could not Ripple be valued at 2 Billion $ ?? More money in BTC means more money and attention to the blockchain economy. In the short term alts suffer from BTC rises, in the long term alts make a party with all that money. The real question is, do you have enough balls to keep a -40% position?? That is the only thing that separates you from being a little fish or being a whale.
You are my hero!!
|
|
|
|
madawc
|
|
October 30, 2016, 05:43:19 PM |
|
Can someone explain to me what does all the predictions about altcoins value mean to anyone when raise of the btc value that we are having these days makes almost ALL altcoins to sink? And it seems to me that nobody here is worried about that. I mean, no matter which altcoin you bought from the list on the first page its price is probably now lower than when you bought it.
Worried for what? Because you're losing -30% in some of your positions? I don't care, I know that most of my coins are good and will pump sooner or later. A rise of BTC is good at long term for ALTS. Look it from this perspective: If BTC is valued at 30 Billion $, why the fuck could not Ripple be valued at 2 Billion $ ?? More money in BTC means more money and attention to the blockchain economy. In the short term alts suffer from BTC rises, in the long term alts make a party with all that money. The real question is, do you have enough balls to keep a -40% position?? That is the only thing that separates you from being a little fish or being a whale.
Great post.
|
|
|
|
aleksand
Legendary
Offline
Activity: 868
Merit: 1000
|
|
October 30, 2016, 09:57:00 PM |
|
UPLOADHi folks, not joking. Very thanks to windjc to open my eyes. We truly are in front of a new BIG PLAYER GAMECREDITS (GAME) IN MY LIST$ 8,847,675 OBJECTIVE: 100 M $ Potential: X11.3 Don't you think it's a bit over pumped?
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
October 31, 2016, 12:19:48 AM |
|
UPLOADHi folks, not joking. Very thanks to windjc to open my eyes. We truly are in front of a new BIG PLAYER GAMECREDITS (GAME) IN MY LIST$ 8,847,675 OBJECTIVE: 100 M $ Potential: X11.3 Don't you think it's a bit over pumped? If you believe this call is based on speculation, I could see your point. If this call was made with fundamental analysis, then absolutely not. Problem is 99.9% of the time speculation, not fundamentals drive altcoins prices. So no one would blame you for questioning this call.
|
|
|
|
TenthKeyDave
Newbie
Offline
Activity: 25
Merit: 0
|
|
October 31, 2016, 03:17:32 AM |
|
More money in BTC means more money and attention to the blockchain economy. In the short term alts suffer from BTC rises, in the long term alts make a party with all that money. The real question is, do you have enough balls to keep a -40% position?? That is the only thing that separates you from being a little fish or being a whale. This is the thing I've struggled with the most -- not fiddling with my positions when the day-to-day price fluctuates. Sure, once in a while I'll get it right, like selling my Lisk at $0.22 and buying back in at $0.16 at the tail-end of this week's BTC rally, but more often than not, I get burnt on stuff like that. I do feel like I now have a good mix of solid coins that will hit my targets in the next 3-6 months, but it will still be a challenge to get myself to stop checking the price every few hours and making unnecessary adjustments. I'm going to remember this post when that temptation hits.
|
|
|
|
Shiroslullaby
|
|
October 31, 2016, 05:00:15 PM |
|
Yeah I've decided to stop checking the exchanges so much and just hope for long term profits. I've got too much work to do to worry about a few dollars gain or loss. All the coins I bought are things I believe could have potential over the next few years- Augur, Factom, Lisk, etc so the daily price doesn't really matter to me anyways.
|
|
|
|
sandiman
|
|
October 31, 2016, 05:04:06 PM |
|
Yeah I've decided to stop checking the exchanges so much and just hope for long term profits. I've got too much work to do to worry about a few dollars gain or loss. All the coins I bought are things I believe could have potential over the next few years- Augur, Factom, Lisk, etc so the daily price doesn't really matter to me anyways.
Sorry man, but empirically, no altcoin has outperformed bitcoin on the long-term, not even close from that... You are bounded to lose following that strategy.
|
|
|
|
c4s7or
|
|
October 31, 2016, 06:07:58 PM |
|
Yeah I've decided to stop checking the exchanges so much and just hope for long term profits. I've got too much work to do to worry about a few dollars gain or loss. All the coins I bought are things I believe could have potential over the next few years- Augur, Factom, Lisk, etc so the daily price doesn't really matter to me anyways.
Sorry man, but empirically, no altcoin has outperformed bitcoin on the long-term, not even close from that... You are bounded to lose following that strategy. So much different operation areas...why should there be only one blockchain in the future?
|
|
|
|
European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
|
|
October 31, 2016, 06:16:25 PM |
|
Yeah I've decided to stop checking the exchanges so much and just hope for long term profits. I've got too much work to do to worry about a few dollars gain or loss. All the coins I bought are things I believe could have potential over the next few years- Augur, Factom, Lisk, etc so the daily price doesn't really matter to me anyways.
Sorry man, but empirically, no altcoin has outperformed bitcoin on the long-term, not even close from that... You are bounded to lose following that strategy. yep. that's a godawful strategy. alts are for short term gains. there's always a new one around the corner that'll capture attention. none of these things are anywhere near getting properly established in their respective fields. they're all tiny and there'll be better ones along soon.
|
|
|
|
VultureFund (OP)
|
|
October 31, 2016, 08:00:45 PM |
|
Yeah I've decided to stop checking the exchanges so much and just hope for long term profits. I've got too much work to do to worry about a few dollars gain or loss. All the coins I bought are things I believe could have potential over the next few years- Augur, Factom, Lisk, etc so the daily price doesn't really matter to me anyways.
Sorry man, but empirically, no altcoin has outperformed bitcoin on the long-term, not even close from that... You are bounded to lose following that strategy. yep. that's a godawful strategy. alts are for short term gains. there's always a new one around the corner that'll capture attention. none of these things are anywhere near getting properly established in their respective fields. they're all tiny and there'll be better ones along soon. Total noob loser bullshit. I've been trading alts since early 2014. While BTC has gone from 800$ to 710$, I've made a compounded profits from alts superior to 450.000%, more than 1.000% per year and this year has been the total crazyness. If I reinvested absolutely everything I won, I would be a multi-millionaire right now. Of course, ALT trading consist in buy good coins at low prices and SELL the PUMP, and of course, if you buy overvalued bullshit like POT at 7 M$ or Gulden at 20 M$ you're gonna lose a lot of money. This study was made from a total loser, who doesn't even know how this world works. ALTS are, and will be, BY FAR, more profitable to trade than BTC (but yes, you have to do it correctly).
|
|
|
|
European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
|
|
October 31, 2016, 08:04:24 PM |
|
it's totally obvious that alts have outperformed bitcoin, especially this year when it's put it to shame, but the guy was talking about a multi year time frame. I think you'd have to be nuts to think that way when it comes to alts.
|
|
|
|
TenthKeyDave
Newbie
Offline
Activity: 25
Merit: 0
|
|
October 31, 2016, 08:48:36 PM |
|
Sorry man, but empirically, no altcoin has outperformed bitcoin on the long-term, not even close from that... You are bounded to lose following that strategy.
Tell that to the cats who bought Ethereum at $1, Monero at $2, and Dash at $3. I'm pretty sure they aren't losing.
|
|
|
|
sandiman
|
|
October 31, 2016, 09:24:00 PM |
|
Yeah I've decided to stop checking the exchanges so much and just hope for long term profits. I've got too much work to do to worry about a few dollars gain or loss. All the coins I bought are things I believe could have potential over the next few years- Augur, Factom, Lisk, etc so the daily price doesn't really matter to me anyways.
Sorry man, but empirically, no altcoin has outperformed bitcoin on the long-term, not even close from that... You are bounded to lose following that strategy. yep. that's a godawful strategy. alts are for short term gains. there's always a new one around the corner that'll capture attention. none of these things are anywhere near getting properly established in their respective fields. they're all tiny and there'll be better ones along soon. Total noob loser bullshit. I've been trading alts since early 2014. While BTC has gone from 800$ to 710$, I've made a compounded profits from alts superior to 450.000%, more than 1.000% per year and this year has been the total crazyness. If I reinvested absolutely everything I won, I would be a multi-millionaire right now. Of course, ALT trading consist in buy good coins at low prices and SELL the PUMP, and of course, if you buy overvalued bullshit like POT at 7 M$ or Gulden at 20 M$ you're gonna lose a lot of money. This study was made from a total loser, who doesn't even know how this world works. ALTS are, and will be, BY FAR, more profitable to trade than BTC (but yes, you have to do it correctly). I am doing the same as you, and with lots of profit as well. Nonetheless, investing in years in alternative crypto have not work for a single altcoins outthere, bitcoin being bullish or bullish. We agree on everything you said, but read to what message I was answering. that's what I am speaking about : That's what I am speaking about TL:DR : Trade the alts, don't invest in them for multi-year timeframe, my answer to the first quote.
|
|
|
|
extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
|
|
November 01, 2016, 11:17:08 AM |
|
The list has been updated recently but I do not see iconomi there, I think that they have a good potential in the near future even though a short time has passed since it is listed in exchanges and many people are dumping the price.
|
|
|
|
|