Buying alt coins has been a bad investment for the past 6 months, what to do?

[AlteregoX]

In april / may i bought several alt coins and virtually "closed" my portfolio, as i had small positions in sectors i believe

6 months later, this strategy has proved to be a total fail, value in USD has increased but value in BTC has dramatically decreased and i could have earned so much more by just investing in BTC

Any of you guys in the same situation? advices? what's your strategy?

[1713919359]

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[1713919359]

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[armansolis593]

Any of you guys in the same situation? advices? what's your strategy?

My advice for you is to stop investing in altcoins and just invest more in bitcoin, if you invested in bitcoin in the first place you would gain profit rather than lose profit, think on what would you have right now if you invest in bitcoin 6 months ago.

[man22555]

In april / may i bought several alt coins and virtually "closed" my portfolio, as i had small positions in sectors i believe

6 months later, this strategy has proved to be a total fail, value in USD has increased but value in BTC has dramatically decreased and i could have earned so much more by just investing in BTC

Any of you guys in the same situation? advices? what's your strategy?

It is depending on in which coins you believe.
Personally, i did almost the same (but kept about 15% in BTC). My gains were about the same like BTC (most gains came from VTC and Zcoin).

Since i believe that BTC will fail in the Long-term, i will stay with my altcoin Portfolio. As an adive i recommend to hold at least 10% of your Investment in BTC, just to be sure.

[arwin100]

In april / may i bought several alt coins and virtually "closed" my portfolio, as i had small positions in sectors i believe

6 months later, this strategy has proved to be a total fail, value in USD has increased but value in BTC has dramatically decreased and i could have earned so much more by just investing in BTC

Any of you guys in the same situation? advices? what's your strategy?

Some of the alts right now are been downed due to the hype of btc and its forks, and the thing you need to do there is to hold your bought alts for longterm purposes to avoid such lose for freakin out for the dump occuring. Try to shift your attention to some other alts nor with the top crypto's today since they might gonna pump up for more and you can even earn and get what you lose on the other alts there.

[makawa]

6 months is a very long time if it is in my opinion. I am the type of person with a short term investment. because if it can benefit in the near future why have to wait long. If want to try such as only then just try litecoin or the ethereum.

[spring07]

The strategy that has been working for me is to research well into upcoming altcoins, buy them at ICO ridiculously low price. Wait for them to be listed. Watch the price spike a little then i dump like 70% of them. Cash out, invest in another. Its been working magic for me.