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Author Topic: Wish I never bought altcoins  (Read 13785 times)
coleman268
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October 13, 2017, 08:36:17 AM
 #41

Just hold everything will readjust in time, who cares if you're in the red for now it's all about the longcon
Denker
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October 13, 2017, 09:12:29 AM
 #42

It all depends on investing in the right altcoin and wait.. some alts are more profitable then others and more faster then others but then this is only a peek - i think a alt that have a healthy grow could be a good altcoin.

No man! Never invest in alts for long! Trade them!Speculate with them! But that's it!
Buy them low and sell with profit. Rinse and repeat!
We are still soooo early, many of the actual alts may disappear and others come up.In the long run most will end like penny stocks.
If you know how to trade them you can make more BTC or fiat out of it.
Febo
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October 13, 2017, 09:27:44 AM
 #43

oh man, it can't be that bad

just wait a few weeks, BTC will dip back down, capital will flow from BTC back into alt coins... 

little time heals all
Well actually the alt market has been dropping vs bitcoin for 4-5 months look at the top 20 coins and zoom out


If you think you will always took perfect decisions in trading you will have really miserable life. No one or 0.00001% people buy and sell at perfect time.  What you need to do is zoom out and see if you had any profit with trading.  Can you buy more cows with asset you have as you could before yous started. if you have less then you need to change strategy.  Altcoins are doing super good in 2017.


If I would not make any mistakes I would start playing basketball. Would easily get 10 rings in NBA while never missing a shot.
neinnein125
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October 13, 2017, 09:34:43 AM
 #44

I think it is all about your knowledge and patience. I actually wish I would buy more altcoins even before around 2016. Altcoins were lot more profitable than bitcoin last year. You probably bought too late.

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PPleaseman
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October 13, 2017, 09:51:15 AM
 #45

Dont let your head. if you did your research and a some luck just have patience and hold. Things will look brighter some day

Cheers
Zicadis
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October 13, 2017, 10:12:57 AM
 #46

Its all about time and patience just because bitcoin has had a pump recently does not mean altcoins will remain stagnant if anything this is the best time to actually buy more altcoins as btc is more valuable against the alts. You do not want to regret missing this chance.
Bitcoin is the safest area for investment. The value of the bitcoin will go up to 7,000 dollars.
bitcoin made good money for people.
FYI bitcoin is just getting started and I have no doubt it won't stop at $7000 either, time to buy more bitcoins is now.
Zakhal
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October 13, 2017, 10:26:32 AM
Last edit: October 13, 2017, 10:43:16 AM by Zakhal
 #47

Its still almost two weeks to fork. If it were to go to 7k now it would have to stay there for two weeks. Not gonna happen. I think its going to drop to low 5k now and then maybe next week it try 6k again.

I did a study recently on the real growth of some alts. And there are multiple alts that have grown linearily the whole year. You just have to look at the whole year instead of last week/month to see it.
ntb85
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October 13, 2017, 10:57:42 AM
 #48

Now if ever is the time to buy altcoins.
Why wouldnt you sell altcoins into bitcoin when you see the strong move that btc made on its first leg of the wave?
It was a warning to everyone. Investing in alts would definitely pay off later on.
Buy them now. If you have them, think about the buyer's mentality, they would definitely pick some up at this point so dont sell.
HODL

Totally agree with that , the resistance are strong, and soon the whales will realise its the right time for alts, and they already did, thats why it did't go lower for most of them, just need to be bunped, but if they do it now, they cannot buy more at a low price! some might to a 10x by the end of the year  Huh
JCNC
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October 13, 2017, 12:10:25 PM
 #49

Let me guess - panic sell? Hold and stay calm.
witch
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October 13, 2017, 12:23:07 PM
 #50

So many bears in here. That feels like alt bottom is near to me. I have bought a lot of altcoins today.
Teraboy
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October 13, 2017, 12:28:24 PM
 #51

So many bears in here. That feels like alt bottom is near to me. I have bought a lot of altcoins today.
You just made a wrong movement it seems, the wisest time to buy altcoin is when the hardfork is about to start, people will trying to dump their altcoins so hard that all will probably red and you'll get cheap altcoins, and then after that event ended, you will earn ez money just for holding few weeks. atleats thats my thought.
gerad09
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October 13, 2017, 12:37:47 PM
 #52

Don't worry and just hold your ALTS they will recover for sure! But don't expect to much if you invested in some shitty Coins with no developement or not active team  Tongue Tongue

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maursader
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October 13, 2017, 12:40:54 PM
 #53

Soooo many people who told me that they will sell immediately when their BTC pair positions turn green again. Market seems ready for the next altcoins season. But do not buy too early guys. Wait for an outperformance better.
nominee
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October 13, 2017, 12:47:22 PM
 #54

oh man, it can't be that bad

just wait a few weeks, BTC will dip back down, capital will flow from BTC back into alt coins... 

little time heals all
Well actually the alt market has been dropping vs bitcoin for 4-5 months look at the top 20 coins and zoom out
Well you bought at a bad time, we have all made that mistake once but do not try to correct one mistake with another buying bitcoin with your alts, that is going to be a bad idea, you are going to lose money and then there is no guarantee that bitcoin goes higher, I know it can be hard watching another coin pumping but you have no other choice but to hold even for years if necessary until you recover your losses.

We all bought them on their hype and pump times, that's why we're hating them now. We better analyze the price graphs and market momentum to determine wheter or not it's a buy time for altcoins. Next time at least.
onrise
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October 13, 2017, 12:53:47 PM
 #55

There have being good appreciation in some of the good altcoins and also given the good rise with the bitcoin price soaring. But as usual people investing in any altocin before knowing the future, their vision, what their demand would be are struck with the prices at that level or may be down than they would have bought it. Sell it and invest in btc if you find it worthless to invest in altcoin.

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anahata
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October 13, 2017, 12:55:33 PM
 #56

oh man, it can't be that bad

just wait a few weeks, BTC will dip back down, capital will flow from BTC back into alt coins... 

little time heals all
Well actually the alt market has been dropping vs bitcoin for 4-5 months look at the top 20 coins and zoom out
Well you bought at a bad time, we have all made that mistake once but do not try to correct one mistake with another buying bitcoin with your alts, that is going to be a bad idea, you are going to lose money and then there is no guarantee that bitcoin goes higher, I know it can be hard watching another coin pumping but you have no other choice but to hold even for years if necessary until you recover your losses.

We all bought them on their hype and pump times, that's why we're hating them now. We better analyze the price graphs and market momentum to determine wheter or not it's a buy time for altcoins. Next time at least.

Yeah, the more pumped the coin was, the lower it dumps, good alts seldom go below 20-30%. Just hold it through this BTC bull run, i'm sure they all will bounce back.
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October 13, 2017, 01:14:21 PM
 #57

Would have been much better off just leaving everything in bitcoin. Altcoins suck.
Amongst people here in this forum and around me that deals with the crypto currency, you are the first to make a full condemnation to Altcoins. Not all Altcoins are totally bad or has nothing to give at the end, where the issues comes from is when you didn't get what their aim is (if you got their coins through investing into their ICO).
But if you bought this altcoin(s) using bitcoin, you still have to wait for a growth, cause it will increase when the time comes.
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October 13, 2017, 01:31:44 PM
 #58

Would have been much better off just leaving everything in bitcoin. Altcoins suck.

i agree you totally...

i have 8 btc in june. i played with altcoins. now because of the fork i pass with all my cahs bitcoin. it is only 3.8 btc now.

i lost nearly half of money when i hold coins or join icos.

i wish i stayed in btc Sad
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October 13, 2017, 01:41:29 PM
 #59

IF you invested on good coins...prepare for a major rebound once the BTC buyers start dumping BTC.  It is a cycle (every major BTC news) that if you are lucky/smart enough to position yourself properly can give you enormous rewards.

I actually sell my best performing coins to buy the worst performing coins (amongst my pre-selected coins that I deem are all "good").  It is basically the "Buy low, sell high" mantra.

BEWARE, now is possibly the worst time to sell altcoins.

Good luck!
holdingkrypto
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October 13, 2017, 01:51:35 PM
 #60

I hope all copy-paste coins without any innovation at all like litecoin will disappear soon.
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