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Author Topic: Buy 44 Altcoins on exchanges tomorrow for a total of 4000$ after DDos Attacks  (Read 2992 times)
davhek
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May 08, 2017, 10:02:05 AM
 #21

Just buy top 10 coins by volume from poloniex and hold them for a month.
44 is too much

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May 08, 2017, 10:05:30 AM
 #22

Just buy top 10 coins by volume from poloniex and hold them for a month.
44 is too much

it depend, if he with buy he mean to invest a very few bitcoin, i could see these 44 coins to buy not a bad things, like you invest 0.01 in small very cheap altcoin, that can give you a return of 10x 1 out of 10 of those alt at least, if he is investing big, better to aim for strong altcoin yes i'm with you on this, i would do 10% of total investment in various cheap alt, and the other 90% on the 10 altcoin that you know are good and have real potential not pump and dump

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May 08, 2017, 10:11:17 AM
 #23

Uh you have wallet's for more altcoins, but I don't use wallet for every coin. Like some other people I also hold some of my alts on poloniex and I think they have good protection. My amount there is a little more then 100 dollars, that isn't much, but I don't know would I keep there 4000 dollars. So if you are buying ltc, ETH, dash, lisk or some other big coin you can make wallet's for them, other coins keep on poloniex and problem solved. Good luck!



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May 08, 2017, 10:15:22 AM
 #24

I think you'll gonna have tough time containing them. 44 alts is very hard to keep. That means 44 wallet needed to keep your altcoins. Each alts has different wallet. Just go for an exchange with good security like Poloniex. But its up to you. Cold storage and paperwallet. I think its good for you.
Yes i also think if poloniex is good for you to keep all your alts, but i think you can keep it in some places and not in one place. please find some storage place from now, whether it be exchange or desktop wallet etc, good luck!
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May 08, 2017, 10:27:51 AM
 #25

Without commenting on the logic or rationale of your intent, the best advice we could possibly give you is to download and install each of those coin's individual wallets, make sure they each fully sync and you have the private keys to them.

Then withdraw all your coins. Backup each wallet and keep your private keys.

You're talking 2 months to 2 years, so paper wallets are probably better if you're buying significant amounts. Otherwise, I think desktop wallets you have control over are good enough

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May 08, 2017, 03:21:50 PM
 #26

Maybe the better and surely easier option is that you buy ICNX (iconomi.net).

Token Bubbles – Transforming the ICO Rating and Analysis Space.
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May 08, 2017, 06:50:25 PM
 #27

Thank you all for the comments, i take them in consideration.

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May 08, 2017, 07:29:12 PM
 #28

I suggest just focusing on 5-10 coins which YOU think have some potential in them.

Maintaining and following the price changes of 44 coins is extremely difficult + you might losing your investment in a lot of them (especially since there's a lot of pump and dump and other idiotic coins).

You need to download and install and download the blockchain of all those 40 as well.

For me that's just too much work.
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May 08, 2017, 08:18:24 PM
 #29

This is one of the dumbest things ive read on this forum in a while.  You know we are in a bubble when shit like this happens.

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May 08, 2017, 10:24:58 PM
 #30

Well, i invested 4.000$ on 19 coins listed on poloniex. i take advantage on the bug that happens causing a big dump on most all coins.

here a screenshot of my investment.

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May 08, 2017, 11:06:43 PM
 #31

This is one of the dumbest things ive read on this forum in a while.  You know we are in a bubble when shit like this happens.

That`s not sure. I would not say that it would be better to stay in Fiat. Crypto is a good future investment.
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May 09, 2017, 01:38:17 PM
 #32

I suggest just focusing on 5-10 coins which YOU think have some potential in them.

Maintaining and following the price changes of 44 coins is extremely difficult + you might losing your investment in a lot of them (especially since there's a lot of pump and dump and other idiotic coins).

You need to download and install and download the blockchain of all those 40 as well.

For me that's just too much work.
Yes, this is a valuable suggestion. I find it the most informative and interesting among all. What if we use the same number of the coins but from the top 5 alt currencies? I guess it will be much easier to handle and also the risk of losing the investment will be less than that of the whole 44 different currencies. I guess this will be smart enough.

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May 09, 2017, 04:11:25 PM
 #33

Invest in ICNX when it goes live on Iconomi. This means investing in multiple digital assets Wink

You can have a look at the coins ICNX holds on Iconomi website
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May 09, 2017, 08:39:07 PM
 #34

I think this could be a smart move. Just buy the 42 selected coins and leave them on the exchanges to start with.

If you see that some of them are rising big then you install the wallet on your local machine to be sure the exchange won't run away with your big money
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May 10, 2017, 01:36:41 AM
Last edit: May 10, 2017, 01:56:34 AM by RewFrew
 #35

Hi,

My investment of about 4100$ on 18 Coins goes from 4100$ to 4440$ to about 3300$. now its on about 3500$.
At the same time after the second DDos attack i sold 3 positions in profit for about 1% and placed buy orders on ripple and stellar lumens, for those 2 i invest about 1.1btc in all. but now i know it was a mistake, i had to buy same ammout on the 18coins i listed in my picture before.

I read a lots of comments, about the bubble, and that 2days DDos attack...

What do you think about all coins in red? how many days it gonna take to return to a normal green situation on poloniex ?

I know the rule of : always buy low and sell high. is this rule accurate in this scenario too? i was thinking about what happend and my losses and come to the conclusion to apply this rule, so i'm holding.

And you, what is your advise and why.

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May 10, 2017, 01:54:50 AM
Last edit: May 10, 2017, 02:12:20 AM by RewFrew
 #36

I learned a lot on those 2days.

Like i said, gonna hold all my positions. Already i make sell orders for between x1.5 to x3.

After that i gonna use a new strategies.

Always Hold Between 30% to 50% in Bitcoin and dont touch it.

Bet on crypto that have a real tokens use in real world, so bubble or not bubble they gonna stay and always raise in value over the months, years.

Learn to buy and sell with whales, starting with about 1% of my bankroll for a months t'il i'm ok to raise it to 2% or 3%.

Bet around 5% max at all from my bankroll on different projects with x10 x30 x50.

And like i'm not a computer...  sometimes i gonna bet on big projects without any use, just to make some profit, after learning a lot about whales, but always with a conservative bankroll management.

I started my learing on whales from this videohttps://www.youtube.com/watch?v=-WG0gCCkpcY


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May 10, 2017, 02:42:09 AM
 #37



I know the rule of : always buy low and sell high. is this rule accurate in this scenario too? i was thinking about what happend and my losses and come to the conclusion to apply this rule, so i'm holding.

And you, what is your advise and why.

No, no, no no!!!   In your scenario, you want to sell low and buy high.  (sarcasm)

Seriously, please post an update when your nestegg goes from your original $4,000 to $1,000. 
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May 10, 2017, 02:46:15 AM
 #38

I think that the cryptocurrency members is growing day after day, the new members and the newbies one who doesnt get a fuck what was happening with DDos attack gonna put Bitcoins on market and gonna buy altcoins, the price gonna start to increase overall, then the traders gonna put money too on altcoins for the profit, some of them gonna set buy orders of 5% 10%.. next hours days, t'il 1week from now, all gonna be back like before if we dont have another DDos attacks.

All the crypto community is more mature now and they gonna be more mature in 1 week from now after the green light on most altcoins listed on poloniex, some of them gonna regret to not buying now, thats a huge possibility to make money right now.

Those who saids thats the end of good established coins or shitty coins are very wrong, because 3 big factor :

 1. the new members buying bitcoin to invest on other coins for a dream of becoming super rich.

 2. The wales who gonna take advantage of the new members, so putting buy sell orders everyday for always.

 3. the same emotionnal people who had set a sell panic orders after the attacks are not going to resist to    reinvest  on the other coins for a quick profit.

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May 10, 2017, 02:48:29 AM
 #39

I looks like the altcoin market is currently in a bubble.
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May 10, 2017, 02:52:53 AM
 #40

I looks like the altcoin market is currently in a bubble.

The bubble already explosed. Now we are in small bubble, after that its gonna be so phuking green.

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