Mr Zet
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May 13, 2019, 02:03:52 PM |
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Maybe you have invested in the wrong time or in the wrong crypto? There are several altcoins which will be growing, despite of Bitcoin's behaviour. I'm really into ICON and FuturoCoin recently. To be honest, it's not always great and not always your investments are profitable. Cryptocurrencies are not a stable market.
True words. Everybody who starts trading should be aware of potential risk.
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maydna
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May 13, 2019, 02:07:12 PM |
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I think you are not alone to feel that because many others will have the same thing as you. In the last year, we are focusing on saving more amount in altcoin, and we are not selling the most of altcoin we have and convert it into bitcoin. That is a great lesson for us to not repeat the same mistake in the future.
So related to your situations, I think what you need to do right now is only hold the altcoin until the price can increase although it cannot increase higher, at least, you can get bitcoin from the altcoin. I know that it will make you disappointed to see how much amount of bitcoin you will get but at least, you can have bitcoin and you can sell bitcoin when it increases. This time will be on bitcoin first, and then the altcoin will follow to increase, just be patient for more.
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Adriano2010
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May 13, 2019, 02:18:30 PM |
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I also happen the same thing as you OP, the price of my altcoins which last time when bitcoin was over 7000$ value more than 2$ for 1 coin and now value is 0.59$, i don't know yet what chance is to have a bull run like on 2017.
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akamit
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May 13, 2019, 09:17:42 PM |
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![Cry](https://bitcointalk.org/Smileys/default/cry.gif) The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed. Just be patient! This is the only key to success in cryptoverse. If you are not patient enough then leave cryptoverse with your 80% loss and don't come back again. Currently, peoples are bullish on bitcoin as the price is moving upwards without stop last few days. So nothing to worry imo, everything will come to normal when it is the right time. Let bitcoin settle in a price position first, it will be good for every one of us and also for the altcoins, your altcoins.
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Twinkledoe
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May 13, 2019, 09:32:49 PM |
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I also happen the same thing as you OP, the price of my altcoins which last time when bitcoin was over 7000$ value more than 2$ for 1 coin and now value is 0.59$, i don't know yet what chance is to have a bull run like on 2017.
If you invested in a shit coin, the chance of recovering is very hard. Especially, if the dev team is not showing any progress on their timeline. You need to get out from that situation and sell whatever you can. At least get something rather than nothing. You need to get the pulse of the altcoins that you are holding. If it is already hopeless, don't wait for a miracle to happen. Because it never will.
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blokklanc
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May 13, 2019, 11:49:47 PM |
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We remember in 2017 that BTC has started the bull run and other alts has followed. First, BTC market dominance went to 67% and then decreased to 35%. We could have similar scenario this year, but I think that this year only the best alts will follow BTC rise as the investors are much more experienced and cautious as they were earlier.
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rijaljun
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May 13, 2019, 11:56:03 PM |
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![Cry](https://bitcointalk.org/Smileys/default/cry.gif) The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed. It's weird to see someone feels disappointed by a bull market. Usually people get upset when they lose money on a bear market. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It's probably only you who get a loss instead of a big profit on a bull market. You should not be disappointed anyway, there will be a time for altcoins to show their performances. You might lose your portofolio value on Bitcoin, but you won't lose your value in fiat, I'm sure.
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pey
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May 14, 2019, 12:20:39 AM |
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It depends on which altcoins you are talking about, not all altcoins rise together. Lots of people don't realize that if you hold altcoins, depending on the altcoins, there is high chance it will end up bad.
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Remainder
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May 14, 2019, 02:14:14 AM |
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It depends on which altcoins you are talking about, not all altcoins rise together. Lots of people don't realize that if you hold altcoins, depending on the altcoins, there is high chance it will end up bad.
The decision to hold was in the past when ICO was still profitable and popular, because of the long bear market, we were able to witness how it performed and some really dump hard more than 90% and for people who don't understands crypto, they will think it has no chance to recover. For me, this is not serious as it could pump again.. Well, let's just look ETH and watch if it will recover now, it's been dump hard as well. Market will change, Bitcoin pump will not continue without the support of altcoins, so both are expected to show some good progress this year.
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redsun114
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May 15, 2019, 05:09:59 AM |
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![Cry](https://bitcointalk.org/Smileys/default/cry.gif) The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed. I don't think the price of altcoins are decreasing unless I might not be taking note and need to make a research about the price of coins in the market in order to draw a conclusion. I know we are not seeing the price of so many altcoins go up due to this recent bull run in the price of bitcoin, but I believe that in no time when the main bull run begins, we would see the price of altcoins going up since bitcoin is going up already.
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BlueStackz
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May 15, 2019, 08:07:05 AM |
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![Cry](https://bitcointalk.org/Smileys/default/cry.gif) The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed. If you really have been following the market in the time past, you will know that this is usually the ways of altcoins, I dint know where we got that ideas from that altcoins must always follow bitcoin and the fact they are not following bitcoin means they are dead. What do we call BTC dominance, it is a time where all investment focus are all on bitcoin, and altcoins gets little or no investment, wherein majority of people that cannot afford to change extra fiat to BTC to enjoy the pump profit Changes their altcoins to bitcoin in the meantime, which they will definitely put back before the altcoins season, so there is a time for the alts too and it’s not now, when the time comes, you will know, even that dead coin of yours will rise.
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Bitbtc8
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May 15, 2019, 08:16:47 AM |
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The fact is its not altcoins season yet ,it will still takes time before altcoins start surging in price ,your prayers now should be that bitcoin should keep the bulls alive for a while then alts won't have choice but to follow the uptrend ,my advice is to have patience for awhile all altcoins will soon start surging
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davinchi
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May 15, 2019, 09:25:34 AM |
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Your patience will be tested, most altcoins are still not bullish, but bitcoin being bullish is a good sign that sooner or later they will also pump. Being down 20% is not the worst, with my altcoins, at one point, I was down to 10% only.
It depends on what altcoins we are talking about. People tend to invest in minor projects hoping for "the next bitcoin", which wobt happen again. 99% of all alts are useless with either no real purpose or no working product. Those coins will definitly vanish in the next bull run because money flows into BTC directly. I use to make this mistake before, I look for very cheap altcoins to acquire much of them and hoping that one day, they will amount to millions of dollars, but I tend to forget that the price is not what matters, but how valuable the product is, most of those low coins with extremely low volumes simply don’t have any working product that will help push them forward. The real altcoins are fully responding to bitcoin, take a look at ethereum, ethereum increases from $174 to almost close to $190 so as other alts like BNB, EOS, MTC responded, so there are some coins we just have to forget and look for good alts even if they are expensive to buy.
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Supercrypt
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May 15, 2019, 04:43:24 PM |
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It depends on which altcoins you are talking about, not all altcoins rise together. Lots of people don't realize that if you hold altcoins, depending on the altcoins, there is high chance it will end up bad.
The decision to hold was in the past when ICO was still profitable and popular, because of the long bear market, we were able to witness how it performed and some really dump hard more than 90% and for people who don't understands crypto, they will think it has no chance to recover. For me, this is not serious as it could pump again.. Well, let's just look ETH and watch if it will recover now, it's been dump hard as well. Market will change, Bitcoin pump will not continue without the support of altcoins, so both are expected to show some good progress this year. You know, some of us just keep blaming these projects as though all of them have no working products, but many investors fails to blame themselves on their own personal dumping attitude which is what usually discourage some of these projects with great intention and eventually make them become shitcoins in the market value but in reality, they already have a working product. Some of these alts usually picks up during the alts season, so I even prefer to invest in alts that has being dumped hard but as a working products, those ones really stands the chance of increasing very high during the bull run.
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BryanK
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May 18, 2019, 07:27:29 PM |
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It is very important not to sell all your coins now. Whales hope on such actions ordinary people. Keep your coins and in the future you will be able to recover your costs and get a good profit.
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