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Author Topic: Don't love any Alt coins.  (Read 30036 times)
MiguelCryptoss
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December 19, 2018, 10:14:59 PM
 #61

My favorite has been Bitcoin because of it capacity and ability to strive in the bear market and come out strong unlike other tokens which are not encouraged. Altcoins have loose some valuable to the investors hence many investors have seize to make investment with tokens rather bitcoin.
jho0810
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December 19, 2018, 10:23:50 PM
 #62

Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
Yeah I think it's big lesson to you like others said or saying of some crypto user don't put your egg in one basket because if its fall all are will be crash. So always divide it not for only one so you will get profit in the end.

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December 19, 2018, 10:48:29 PM
 #63

I like altcoins but I do not want to hold them for a long period of time. It seems like people are getting afraid also in altcoin. I put my time just to know the side of many altcoins, their purpose and product. But I think it is not enough to know that altcoins are working and will work in the future. So, I do not believe them much and I buy them only in a short period of time.

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December 19, 2018, 10:54:29 PM
 #64

My favorite has been Bitcoin because of it capacity and ability to strive in the bear market and come out strong unlike other tokens which are not encouraged. Altcoins have loose some valuable to the investors hence many investors have seize to make investment with tokens rather bitcoin.

Of course not only you make bitcoin as your favorite coin to invest, but almost most investors will also choose it, each altcoin has the potential of each and it will be like bitcoin who will be able to get a pump when the market situation has recovered.

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December 19, 2018, 11:25:08 PM
Last edit: December 20, 2018, 01:58:47 AM by Question123
 #65

For me I love altcoins. I don't hate coins who potential and gives me a lot of profit. But if the coins I lose too much money and not potential I hate that. For sure more people love altcoins and only few some who are hated it.
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December 20, 2018, 03:13:53 AM
 #66

i agree with you. alt coins is not good with me
Finestream
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December 20, 2018, 04:57:51 AM
 #67

I like altcoins but I do not want to hold them for a long period of time. It seems like people are getting afraid also in altcoin. I put my time just to know the side of many altcoins, their purpose and product. But I think it is not enough to know that altcoins are working and will work in the future. So, I do not believe them much and I buy them only in a short period of time.
Yes.Altcoins may just be only good for a short term so it's not advisable to hold them for long term investment because some really loses their value as time passes by.Of course you will be a loser in the end.So never just depend on a single coin for the prosperity of your investment,at least learn to diversify your investment.

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December 20, 2018, 06:24:10 AM
 #68

I think we can still hold altcoins like ethereum, lisk, litecoin, zcash and dash the foregoing coins has done very well in the past and there are still doing very well today no matter what is happening.  Some of this coins could have gone into extension if not for how strong there are.
So yes you are right about that but the loss in the values of Altcoin has deeply hurt people and some of them who had been around for some time have also left the market. Only the long term guys are going to stay.
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December 20, 2018, 07:28:06 AM
 #69

I agree with the author, you need to optimize your portfolio every 4-5 months or sell cryptocurrency with an increase in its value by 100-200% and leave part for a long time
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December 20, 2018, 08:47:49 AM
 #70

I agree with the author, you need to optimize your portfolio every 4-5 months or sell cryptocurrency with an increase in its value by 100-200% and leave part for a long time
well, you're right, this can't be endured forever. maybe within 2 or 3 months, we can sell the assets we have, or within a few months. well, I thought about selling it like that, but it seems like now the price has begun to recover, and I plan to hold it back.

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rudox
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December 20, 2018, 09:39:46 AM
 #71

How can you love any particular coin when you do not have any power over the coin. It is foolhardy to do that as you will eventually lose your money protecting your love. If you have compassion over any particular coin you will not be able to act when necessary to sell the coin according to market pulse but you will be keeping the coin hoping based on analysis which you are never part of that it will increase in value. But the opposite will be the case as the price will crash.
nl247
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December 20, 2018, 10:58:53 AM
 #72

I guess this is something we have really mentioned several times in this space about altcoins, as they are the most volatile of all when it comes to long term hold, and simply you really do not want to be putting much of your hopes in them, because they are always known to end up hitting back on their historical support in the long run anyway. Nonetheless, that does not mean, they still cannot end up recovering, as that is some normal thing in most markets, but you just have to know how you want to be handling yourself in most cases, that is all.
boyz97
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December 20, 2018, 12:07:46 PM
 #73

I agree with the author, you need to optimize your portfolio every 4-5 months or sell cryptocurrency with an increase in its value by 100-200% and leave part for a long time
well, you're right, this can't be endured forever. maybe within 2 or 3 months, we can sell the assets we have, or within a few months. well, I thought about selling it like that, but it seems like now the price has begun to recover, and I plan to hold it back.
holding 4 or 5 months enough for us to see the developtment progress, and i  think its enough for us to begin switch our asset to anothers potential coins.holding too long sometimes risky.

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December 20, 2018, 05:25:42 PM
 #74

You're right, but from my point of view, besides investing in a coin, it's ok and try to trade at the same time.
That always make anyone to have a pretty good edge over an investor who is just going the HODL way. One thing about investment is that if you do not have a trading knowledge, at least long term, you just have to realize you have nothing else to do than to stick with what you are holding and look forward to the long term whatever the short term outcome may be like. However, with some good trading knowledge with it, even if it is long term trading, you will always be able to take advantage of the trends to your advantage. Altcoins are pretty more volatile and you really want to be extra careful dealing with them.
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December 20, 2018, 07:01:26 PM
 #75

You're right, but from my point of view, besides investing in a coin, it's ok and try to trade at the same time.

I think its better to conduct both of them like you doing investing while doing trading so you can earn double income. Even it is difficult to manage you should try to do it well so it will really end up in a positive income. You need to put more effort and time in order to become successful in doing investing while doing trading.
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December 20, 2018, 07:41:02 PM
 #76

Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.

the wayI can see with your experienced in holding your coins, you didn't become practical, instead you may be invest all your fund into crypto in just one coin only, which is really not good that will cause you loss of capital in the end. If I were you much better if you join in any campaign, whether social media campaign, translation, content creation, vlog or community manager.
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December 20, 2018, 11:53:24 PM
 #77

I agree with the author, you need to optimize your portfolio every 4-5 months or sell cryptocurrency with an increase in its value by 100-200% and leave part for a long time
well, you're right, this can't be endured forever. maybe within 2 or 3 months, we can sell the assets we have, or within a few months. well, I thought about selling it like that, but it seems like now the price has begun to recover, and I plan to hold it back.
holding 4 or 5 months enough for us to see the developtment progress, and i  think its enough for us to begin switch our asset to anothers potential coins.holding too long sometimes risky.
Long term isn't good if there is no change in price of what coin you are holding. Of course, we want to grow our investment and diversifying into other coin is a great choice. I'm doing these for many times and I feel better on it and not worry if it's losing its value cause it turn back easily.

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December 21, 2018, 12:52:26 PM
 #78

Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
We should love it because it is also part of bitcoin so that we have to love altcoin because altcoin is one of the important also we should love it and we dont have to ignore it.
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December 21, 2018, 01:49:05 PM
 #79

You're right, but from my point of view, besides investing in a coin, it's ok and try to trade at the same time.

I think its better to conduct both of them like you doing investing while doing trading so you can earn double income. Even it is difficult to manage you should try to do it well so it will really end up in a positive income. You need to put more effort and time in order to become successful in doing investing while doing trading.
sometimes, someone holds the altcoin they have until the price drops, because of that, many people say that don't trust any altcoin. Well, I think this is just a matter of strategy, and how you use the altcoin you have.
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December 21, 2018, 04:54:59 PM
 #80

I was more love my money than altcoins because if i missed good opportunities to sell when the price high then i would regret my decission and for me personally i do have favourite coin but i won't sacrificed my money to hold them if someday they turn out to dead coin
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