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Author Topic: Wish I never bought altcoins  (Read 13782 times)
iopinion
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October 16, 2017, 01:02:08 AM
 #121

I am in the same boat. I bought all top altcoins thinking they would outperform bitcoins. But now I keep thinking I should have kept more bitcoins. Don’t have much return from the altcoins but bitcoin is going higher and higher.
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BTCMILLIONAIRE
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October 16, 2017, 01:38:08 AM
 #122

I am in the same boat. I bought all top altcoins thinking they would outperform bitcoins. But now I keep thinking I should have kept more bitcoins. Don’t have much return from the altcoins but bitcoin is going higher and higher.
Do more research when picking altcoins then and stop listening to what people say on this forum. There are a lot of liars and a lot of people who don't know what they are talking about on here (and on the internet in general). If you do proper research and split up your portfolio you will eventually learn how to outperform Bitcoin while minimizing risk. The same is true in the stock and real estate markets.
Johnny00
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October 16, 2017, 01:43:49 AM
 #123

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

Most investors buy when things are up and sell when things are done. Just hold and find quality projects.


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imstillthebest
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October 16, 2017, 01:50:24 AM
 #124

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

no they not, most trader and investors are putting their money on altcoins its because altcoins are cheaper than bitcoins plus they can choose a different variety with different values an also most of them has a potential to pump or increase in thier prices. but also you need patience and proper understanding on how does it works becuase without knowledge in it, you wont possibly get what you want.
ahoenk
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October 16, 2017, 03:10:25 AM
 #125

Altcoin suck ? Maybe you are investing to shit coin. The true altcoin is dash, ethereum,ripple, litecoin,monero. Another is not proven yet. Those alt coin i said already going thrpugh pump and dump phase. There will be next big altcoin but i also dont know what it is. Maybe boscoin maybe exscudo or tezos. Just dont put ur money on shit ico..



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flowers5
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October 16, 2017, 04:32:30 AM
 #126

I still have faith in alt coins.  Like everyone before me has said, not all are going to rocket, so to say.  But, if you look hard enough, there are definitely some that worth buying into, especially for long term.  Don't give up! Wink

kubercoin.io
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October 16, 2017, 04:43:00 AM
 #127

I still have faith in alt coins.  Like everyone before me has said, not all are going to rocket, so to say.  But, if you look hard enough, there are definitely some that worth buying into, especially for long term.  Don't give up! Wink

Agreed. We have to spend enough time and effort to separate wheat from the chaff. I've had some misses but have made more than what I earn in salary trading altcoins. It's the shitcoins that one has to avoid.
banks38
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October 16, 2017, 05:19:36 AM
 #128

I agree on the shitcoins.  I have step in my fair share of it.  The solid altcoins can make huge gains.  Just gotta stay on top of the game and pick correctly.  Easier for Ark to go to 5 than btc to 11k
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October 16, 2017, 05:43:53 AM
 #129

I've been scammed in a couple of pyramid/Multi-level-marketing schemes and a few shitcoins. It was a result of my greed to make a quick buck. Thankfully, I have learnt my lesson.
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October 16, 2017, 06:02:38 AM
 #130

Would have been much better off just leaving everything in bitcoin. Altcoins suck.
Well, nothing, if you have investments in bitcoin, you can sell now a little bit for investing in alts. If you do everything right. then everything will be all right and the return will be.

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dissgo
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October 16, 2017, 06:19:45 AM
 #131

You should look a good promising altcoins with their profile.
Don't just hit-and-miss your investment.
So, if u can't make short-term profit from them, u can be a long-term or holder until it hits ATH again
greeklogos
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October 16, 2017, 06:38:43 AM
 #132

I think if you want to be in crypto world you have to use to all those pumps and dumps. All altcoins are falling in it's price now and that's not a reason for panic and saying that you are giving up about your alts investments. Altcoins can bring huge profit to every of us in the perspective.
I didn't invest in any altcoin yet, but I plan to make some little investment into Waves around next week when prices for altcoins will fall deeper  Grin
Netzcrypto
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October 16, 2017, 07:18:11 AM
 #133

People will get back to alts when BTC goes down. And you'll never know when to buy alts when they are shooting up cuz you can't time the market. I think it's best to stick to alts rather than selling them at a loss at this point of time
danceforce
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October 16, 2017, 07:49:47 AM
 #134

Always do your research on the project. If u made ur decision and bought an altcoin just HodL till it outperformes BTC, it will at some point. Even if it drops like 70%.
Silberman
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October 17, 2017, 05:49:36 AM
 #135

Ive been holding for 4-5 months and all my alts are way down vs bitcoin nothing but down. All top alts too.
I know that you have heard the same advice a million times but you need to hold if you invested in some good altcoin at some point your investment is going to recover I know that does not seem likely with bitcoin going up but believe me that is not going to last forever if you had invested a year earlier you will be sitting at incredible profits, you just invested at the worst possible time.
jack05
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October 17, 2017, 06:35:05 PM
 #136

Altcoin can give you large profit but you can not panic, it is normal with price falling down but if you wait long time, price this coin can go back or even be higher
JohnnyUranus
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October 17, 2017, 07:31:54 PM
 #137

Buy btc now and buy alts a week later.
Btc gold is coming. Keep your btc until you get your gold or sell them right before.
Buy alts with your btc (gold) profits.
loreRex
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October 17, 2017, 08:32:44 PM
 #138

That's why BTC should be the biggest entry in your portfolio, I always suggest between 30% and 60%, depending on you experience level with trading (60 if you are new to the field).
Lukus
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October 17, 2017, 09:02:39 PM
 #139

yes, totally agreewith last comment. BTC is still and will be king... Altough im also litecoin fan, and its a criminal how low it is comparing to btc. If it silver to gold, then it shouldnt be so wide gap. also it actually cna be used IRL (faster transactions)
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October 18, 2017, 05:42:38 AM
 #140

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

I must say and believe that trading altcoins is good if you did a nice timing in buying and selling and do a good choice of coins,  if not, trading altcoin really suck!
Right timing is the most important and the only factor that contributes in our success. How to gain skills which can help us in predicting the pups and dumps with accuracy ?

The best is to have some patience and reading of Google articles related to the digital market and its fluctuations. Whenever the price starts falling, it means the dip is about to come and that is the time to sell out coins and buy at low rates. Similarly, pump can be predicted.
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