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Author Topic: All of my friends have finally dumped all of their alts  (Read 1246 times)
sofakingporkhunt
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November 05, 2017, 11:54:45 AM
 #61

Selling ALTs at an ATL to buy BTC at ATH is a quick way to lose money  Wink
e-coinomist
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November 05, 2017, 06:25:30 PM
 #62

Selling ALTs at an ATL to buy BTC at ATH is a quick way to lose money  Wink
So buying at an ATL and selling BTC at it's ATH would be a quick way to win money?
But how do you know what's an ATL or ATH Wink

Do not even seek for perfect entry or exit points. Watch the progress as a continual show, averaging down or stocking up as a daily bussiness.
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November 05, 2017, 06:35:53 PM
 #63

Selling ALTs at an ATL to buy BTC at ATH is a quick way to lose money  Wink

Are you sure, I heard star investors speaking about investment strategies. I'm not sure but do they not repeat something like this: Buy high, sell low?  Grin
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November 05, 2017, 06:41:26 PM
 #64

IF I have learned something from crypto is to do the opposite of what the herd is doing. I believe that now would be the best time to buy some alts as they are pretty cheap at this time. Needless to say that one should pick coins with strong fundamentals.

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November 05, 2017, 06:42:41 PM
Last edit: November 05, 2017, 07:02:27 PM by Hyperme.sh
 #65

IF I have learned something from crypto is to do the opposite of what the herd is doing. I believe that now would be the best time to buy some alts as they are pretty cheap at this time. Needless to say that one should pick coins with strong fundamentals.

And you may want to wait for BTC to hit $8000 first. Or even $10,000, but I think $8000 is where I would start nibbling.
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November 05, 2017, 06:56:10 PM
 #66

Holding alts in these last months was not very profitable. Should have traded them for bitcoin some months ago. This would have been a wise decision. But right now It's better to hold them a while, but you'll have to be patient and have a long breath. Because bitcoin will hold the uptrend for at least another 6 months.

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November 05, 2017, 07:00:27 PM
 #67

Holding alts in these last months was not very profitable. Should have traded them for bitcoin some months ago. This would have been a wise decision. But right now It's better to hold them a while, but you'll have to be patient and have a long breath. Because bitcoin will hold the uptrend for at least another 6 months.

Holding alts not all recommended way of making money to anyone because if that concern alts value dumps that we will face the issue for the n numbers of coins holded from the tokens or got as a alt from anyone.
Instead of that you can put your amount in trading and start trading it for fiat, btc or eth.
If you hold the bitcoin for the same 6 months that value will increase like sky rocket for the amount you holded.

 
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