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Author Topic: Wish I never bought altcoins  (Read 13701 times)
Taner
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July 25, 2018, 04:08:23 PM
 #821

Now there will be bitcoin pump before ETF launch in September, then everyone will invest in altcoins, I believe that in early autumn.
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sergey_vass
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July 25, 2018, 05:15:48 PM
 #822

Don't be to harsh about altcoins, it's maybe you buy an altcoins that's not have a potential to grow. Many factors can be considered regarding your losses, might be due to bad timing because of bitcoin's time to shine pump and of course nobody knows how long it will be, maybe you are just having a bad time investing in alt, another thing is if you bought some bad alts in the first place. Losses are part of the cryptocurrency anyway.
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August 16, 2018, 11:44:21 PM
 #823

Sometimes I understand your feeling very well. In crysis times alts fall much harder than BTC.

Due to having lower market capitalization than bitcoin, altcoins take a hit more than bitcoin when bitcoin's price is making rapid movements. People who are in the market for some time knew this that's why when bitcoin make this kind of movement, you should be quick too in buying or selling because you can find an opportunity in it. I hold some altcoins that lose 95% of its value already that's why I learned my lesson of not being greedy and take profit when it reach my target price because altcoins price fluctuates very much one minute you are in profit and the next one you are at a loss.

These are exactly my take aways too, try to take profits instead of riding the wave until the end and fall off the board. Not sure if everyone was too greedy but certainly too sloppy and careless. This market does not forgive that, you need to be sharp as a knife or will be eaten by sharks..metaphorically speaking.

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kiatitami
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August 26, 2018, 10:36:22 AM
 #824

You have to be really patient and persevere. Do not be disappointed the market is going to recover. It's like the end of 2017 But now the school is getting tired of you and you try to get through the hard times. This
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August 26, 2018, 10:40:49 AM
 #825

You have to be really patient and persevere. Do not be disappointed the market is going to recover. It's like the end of 2017 But now the school is getting tired of you and you try to get through the hard times. This
Don't for sure those people who had been bought at ATH of BTC and altcoins and still to choose to hold and stay here has been already immune by the market it doesn't matter to them if the market goes down or up but they are really for long term here in crypto world.

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August 26, 2018, 01:21:14 PM
 #826

Yes,  I agree with you. Alts better to takes from bounty or something else. Risks are smaller.
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August 26, 2018, 01:33:03 PM
 #827

At the moment, yes. The most unpleasant thing is that no one knows when this fall will end. If the price reduction continues, then there is a high probability that some of the altcoins will disappear. Many altcoins have already lost 80-90% of their value. Of course it's very unpleasant. I hope that you have several good and promising altcoins that will then recover in value and help you to make up for your losses.


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Ondisbelle
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August 26, 2018, 02:01:34 PM
 #828

Altcoin is far more risky and dangerous than bitcoin, most of my profits with cryptocurrency come from altcoins, but we also lose money by buying the wrong time
  Your Altcoin might be a coin that is worthless forever.

You don't just lose money on the altcoin. But we need to be patient, because coins might go back to green and we can use money.
marseille
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August 26, 2018, 05:45:31 PM
 #829

 I think that you can earn a lot on altcoins and one of the previous coins is KGT.
 The social casino mobile games market is one of the most lucrative genres of the entire mobile games market. And I think these guys have a good future
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August 27, 2018, 11:06:45 PM
 #830

I think it is increasingly clear that the cryptocurrency market is nothing more than a big pump and dumpo business, and in reality investors do not care too much about the great technological advantages that all altcoins presume, since all of them without exception are being used for the sole purpose of speculating in the very short term, to exchange them for bitcoins as soon as the profits obtained meet the expectations of each investor.

That is why I have always considered it prudent to try to hold as many of our valuable bitcoins as possible, dedicating only a small fraction of them to speculate with some promising altcoins.
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August 28, 2018, 02:36:24 AM
 #831

Would have been much better off just leaving everything in bitcoin. Altcoins suck.
Seems you had a bad experience with altcoins but think again dude. Altcoins can be a good profit also you just need make a deeper study on that specific altcoins
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August 28, 2018, 03:21:43 AM
 #832

You'll miss the opportunities if just think only about bitcoin and never consider to pick some altcoin in your investments. Though you only want to earn profit just by bitcoin, I suggest you to look at altcoin as well. But don't think too hard about it, I just said that you may miss the chance. Since sometimes we'll never know where the profit is coming from.

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August 28, 2018, 03:25:41 AM
 #833

Well, if you bought 1 btc, you will always hold 1 btc regardless how much the price move

But if you could convert it to coins like ETH, TRX and others, your 1 btc may become 2, or 0.5 or so

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August 28, 2018, 07:43:55 AM
 #834

I have made really good money when I invested in altcoins. First, I was choosing alts from top-10 but later, I understood that the other cryptos can also bring profits.

Some people wish they never bought alternate coins (especially those cryptos not on the top list) because they have a high expectations to it but gave them a bad experience that is hard for them to bear. But only if they will not stop, they will surely hit a good and promising crypto the next time they invest.

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August 28, 2018, 07:46:43 AM
 #835

maybe you don't want to believe in the market cycle. Bitcoin falls and then grows and falls again is a natural process that is not stable because the market is too young. When will the trend change and bitcoin will start to rise the market of alts will rise with him. And perhaps when bitcoin will do 2x or 3x some altcoins have fallen several times will begin to grow as a yeast

i wish it too.
i bought altcoins when dominance 37.
now it is 53.

i lost lots of money from altcoins. i wish i bought only alts.
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August 28, 2018, 07:52:46 AM
 #836

I am in the same situation, and I think that in September the market will go even lower and all alts will cost even below current prices. What to now is to wait the market bottom and to buy some more coins to average your loses with profits from the first pump.

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August 28, 2018, 08:11:49 AM
 #837

really you are very sad because you don't know the good way and the right way to buy altcoins so you can get a lot of profits from the altcoin, experience should be your best teacher.
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September 01, 2018, 06:22:43 AM
 #838

In the business strategy and special trade Altcoins today high prices tomorrow may change so we have to have short-term strategies and long-term strategy to prevent risks. Instead of being sold out you can leave half of the Altcoins and keep them in the long run.

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September 01, 2018, 06:34:10 AM
 #839

There's no way that you can accumulate more bitcoin in just trading bitcoin only,  altcoins are best in accumulating bitcoin, maybe you invested in wrong altcoins that's why you are blaming yourself,  altcoins rocks
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September 01, 2018, 06:43:42 AM
 #840

Who knows, maybe when you invest all your money in Bitcoin, bitcoin price is stable or falling, while at the same time, the price of your so-called sucked altcoin has boomed.

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