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Author Topic: Are u buying alts?  (Read 4408 times)
sazonk
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November 05, 2019, 02:48:44 AM
 #261

I focus on buying and selling most major altcoins, and of course BTC. And if you really want to buy, buy coins that have a clear reputation and stable price movements.
It could be that besides BTC you can buy stable coins, but it all comes back to your belief in altcoins. We can always take advantage of the situation to take a little or a lot of profit from every purchase and seller of altcoins that have been selected.
And it is clear that Altcoins are not only influenced by world economic conditions, altcoins are also influenced by outstanding issues.

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NeironixNV
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November 05, 2019, 08:21:58 AM
 #262



I was made aware of alt dominance, it seems that if alt dominance breaks the resistance line, alt might fly

already bought several altcoins like XRP, ETH and Cardano


Altcoins look very attractive, because they are almost at the very bottom with respect to bitcoin, so far I just dabble here (https://neironix.io/portfolios) collect different demo portfolios. But you need to understand that 90% of altcoins will not return to their previous levels, so you need to invest in altcoins now, but very carefully.

https://neironix.io/
zeze18
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November 05, 2019, 08:37:07 AM
 #263

I will stick in buying bitcoin and ethereum and dont have high expectations on altcoins so far, for now.bitcoin and ethereum is what i like most.
You have a good choice picking up those two, We are just the same also buying bitcoin and etherium, Actually this two is most popular in crypto.
Their are lot of altcoins also in market but we cant tell if those are trusted to buy or we can hold them for time until the price take back in a high price.
But in fact we should need time search for them as of now their some humor that have many shitcoins spreading everywhere.


If you guys can found potential coins you can make profits even in this current market condition. I think this year is the worthest year for doing a swing trade because the market movement for alts is agile and we can get around 5% each day if we know how to do it. And also exit a trade in a right time is also important to do to manage loss
Darooghe
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November 05, 2019, 05:10:07 PM
 #264

Bull Run has already started for Bitcoin only. Bitcoin is already up more than 300 percent this year. Based on the alt coin performance of 2017-2018, I think the next altcoin season will be around the time of the BTC halving next year. What happened last time was that altcoins with good use cases or established profiles ETH, XRP started climbing AFTER Bitcoin hit new all-time highs and right around the halving.

Your best strategy is probably going to be to accumulate BTC for now. As far as Altcoins run is considered, it will be coming when BTC goes to sideways. It is true that some Altcoins will go to dust but some will also do 10–30x once Altcoin dominance starts getting back. However, I'm not saying the big altcoins definitely won't outperform it in 2020, but I'm growing increasingly skeptical.
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November 05, 2019, 07:27:43 PM
 #265

I'm surely buying altcoins but I'm not going to shill them...yet. Not until their price exhibits a trend reversal. Maybe the most pessimistic estimate for a trend reversal is around July 2020. The trick now is buying slowly until that time.

bohr
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November 06, 2019, 05:32:25 PM
 #266

Alts have been known for their fakeouts. But it turns out, this time alts are poised to pop hard. What do u think? Its been five days since the moment alts first started showing signs of unrestrained bullishness. Im monitoring these suckers hell I do. Look up binance charts. Alt season may have just started. Do u guys buy? By the way, tradingview people seem to be deaf to what Im saying. No one gives a shit. Just an army of stupid scants doing 10 bucks bitcoin swing trades, and maybe ripple also. No one wants to hear about alts. Whats the matter with ya?
i think we are still far from altseason, you said that alts are poised to pop hard but actually just few of them which popped
most of alts still on downtrend until now. or alt pump 5% and dump 20% then people say it's altseason
because of that, im doubt to buy any alts, i just believe that bitcoin is best buying until altseason happens
Most users are seeing ghosts, there is not an altcoin season as of right now, this could change of course but do not be deceived by them, for an altcoin season to happen the demand for altcoins will need to go up, but why the demand could go up? Bitcoin has been doing well for an important part of this year and there are still some hopes it has a strong close, when you see this then altcoins have no opportunity, no one is going to sell their bitcoin to buy altcoins when there is a decent chance that bitcoin will move up at the end of the year.
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November 06, 2019, 05:48:30 PM
 #267

I'm surely buying altcoins but I'm not going to shill them...yet. Not until their price exhibits a trend reversal. Maybe the most pessimistic estimate for a trend reversal is around July 2020. The trick now is buying slowly until that time.

It completely relay on the own perceptive to invest on bitcoin or altcoin.

If you have the great faith on the one coin please take a time to analyse that whether it can grow more in the market upcoming days after you buy that alt.
If there is such possibilities then invest on coin you wish.

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DU18
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November 06, 2019, 06:30:06 PM
 #268

Bitcoin is still a target for traders to invest, but we cannot deny that altcoin can also be an investment that is quite profitable, with prices that are quite cheap and many choices of altcoin that can be selected, of course, some people will be more likely to choose altcoin as asset investment, many traders can even get a 50% profit from the capital they spend.

magisterr
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November 06, 2019, 06:55:29 PM
 #269

Bull Run has already started for Bitcoin only. Bitcoin is already up more than 300 percent this year. Based on the alt coin performance of 2017-2018, I think the next altcoin season will be around the time of the BTC halving next year. What happened last time was that altcoins with good use cases or established profiles ETH, XRP started climbing AFTER Bitcoin hit new all-time highs and right around the halving.

Your best strategy is probably going to be to accumulate BTC for now. As far as Altcoins run is considered, it will be coming when BTC goes to sideways. It is true that some Altcoins will go to dust but some will also do 10–30x once Altcoin dominance starts getting back. However, I'm not saying the big altcoins definitely won't outperform it in 2020, but I'm growing increasingly skeptical.

I agree with you. Altcoin bullrun should happen when BTC will hit his previous AHT and this should happens after halving. So we can see a huge altcoinbullrun next pring and may be will see another 100x coins.
g4r1n1m
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November 06, 2019, 07:34:41 PM
 #270

i began buying alts a year ago
keep buying until the next bull run
even if it'll take few years, it'll be good for me  Cool
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November 06, 2019, 11:07:34 PM
 #271

I will stick in buying bitcoin and ethereum and dont have high expectations on altcoins so far, for now.bitcoin and ethereum is what i like most.
You have a good choice picking up those two, We are just the same also buying bitcoin and etherium, Actually this two is most popular in crypto.
Their are lot of altcoins also in market but we cant tell if those are trusted to buy or we can hold them for time until the price take back in a high price.
But in fact we should need time search for them as of now their some humor that have many shitcoins spreading everywhere.

If you guys can found potential coins you can make profits even in this current market condition. I think this year is the worthest year for doing a swing trade because the market movement for alts is agile and we can get around 5% each day if we know how to do it. And also exit a trade in a right time is also important to do to manage loss
If you mention about potential coins ? Actually we can find it listed in CMC those top 10-20 coins are potential coins. But need to wait on when they increase the price, As of now they are probably in a dip price and ill think it is the time for us to buy and waiting bull run be happen.
Quote
You definitely noticed that, the year is very difficult for those who have a lot of Altcoins in their cryptocurrency portfolios. My portfolio drawdown is more than 70%. There is only hope for next year.
Yes we definitely noticed about picking up some potential than those shitcoins that have no future.
Not only you dropping so much the price of my altcoins on my folio, All always I seen on my folio are red sometimes.
And we hope so in these coming year will be time for our altcoins increase the price again.
kanayaTabitha
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November 06, 2019, 11:32:42 PM
 #272

i began buying alts a year ago
keep buying until the next bull run
even if it'll take few years, it'll be good for me  Cool
I don't think investing on alts in good for a long run, in this current market condition people are buying alts for daytrading that's why the growth of altcoins is so slow because it's always up and down and it reallt fit for daytrading. If you really want to invest i a few years, bitcoin is the most potential coin right now that will have a price pump in the next year or next 2 year because after the halving there must be a price pump either it's instantly after the halving or we have to wait several months just like the halving in 2016 before.
Dreamr
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November 06, 2019, 11:49:42 PM
Last edit: November 07, 2019, 01:53:23 AM by Dreamr
 #273

Right now I am out of alts completely. Alts have bottomed out and I can't see any sign of recovery. Situation has been same for months now. Since Bitcoin made a jump in April this year, Alts started going down. Since then, they are only in bearish cycle. Also, the volume is coming to Bitcoin only. Plus Bitcoin is showing volatility in a positive direction. Right now altcoins don't make any sense.

No. the altcoins are no longer profitable so why buy them anyway?
I know some people are buying altcoins right now because they are very cheap but not me.
Bitcoin is currently more profitable so why buy altcoins? I chose to buy bitcoin since it is doing well more than the altcoins.
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November 08, 2019, 09:33:59 AM
 #274

Alts have been known for their fakeouts. But it turns out, this time alts are poised to pop hard. What do u think? Its been five days since the moment alts first started showing signs of unrestrained bullishness. Im monitoring these suckers hell I do. Look up binance charts. Alt season may have just started. Do u guys buy? By the way, tradingview people seem to be deaf to what Im saying. No one gives a shit. Just an army of stupid scants doing 10 bucks bitcoin swing trades, and maybe ripple also. No one wants to hear about alts. Whats the matter with ya?

alts have a right to exist in any case. classic utility tokens have the problem with price stability because it is practically non-existent.
but in my opinion, issues like security tokens are only just coming up and not yet at their peak.
i wouldn't say that the alts don't interest anyone so i wouldn't say. if it's a safe investment or not everybody has to decide for himself. Wink
but it's also often about using tokens and not just winning fiat to run after them.
marcbitcoins
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November 08, 2019, 10:40:13 AM
 #275

I have some alts for long term investment like Ethereum and Ripple but honestly we can't ignore Altcoins because they are much cheaper to purchase than Bitcoin and some of them has a commodity that are feasible to the masses that could attract more people to invest. Just choose the best Altcoins in the market and not those Altcoins that its look like becoming a crap or shit coins because for sure they will just waste your time and money.
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November 08, 2019, 10:45:10 AM
 #276

I have some alts for long term investment like Ethereum and Ripple but honestly we can't ignore Altcoins because they are much cheaper to purchase than Bitcoin and some of them has a commodity that are feasible to the masses that could attract more people to invest.

Definitely I will agree with you on that, they are very cheap at the moment because they were dump heavily.
Majority of the altcoins in the market dropped more than 10 times on its all time high price, and that's the reality if we check on their price history.
That said, we should view that as an opportunity and not be afraid that the coin might just disappear.

Just choose the best Altcoins in the market and not those Altcoins that its look like becoming a crap or shit coins because for sure they will just waste your time and money.

As long as you do due diligence, you'll be able to find the best coin at your choice, but there is no guarantee you can choose the right coin that could give you a profit, but at least you made some effort to research which is a basic requirement.

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November 08, 2019, 12:06:24 PM
 #277

I have some alts for long term investment like Ethereum and Ripple but honestly we can't ignore Altcoins because they are much cheaper to purchase than Bitcoin and some of them has a commodity that are feasible to the masses that could attract more people to invest. Just choose the best Altcoins in the market and not those Altcoins that its look like becoming a crap or shit coins because for sure they will just waste your time and money.

We definitely cant ignore alts, many of them are becoming very popular. When you compare their prices from the prices in 2017 now most of them are down, but if you compare the same alts and their prices now and when they are before 2017, we are still up, many people forget that fact. Entire crypto market is growing!
Cheap alts are attractive to many people. Instead to buy mBTC's you can buy whole coins, hundred and thousands of them for the same money, and some people see a big chance in some alts, and its sure that some of them have a very promising future, just which ones is the question.

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AjithBtc
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November 08, 2019, 12:28:38 PM
 #278

I have some alts for long term investment like Ethereum and Ripple but honestly we can't ignore Altcoins because they are much cheaper to purchase than Bitcoin and some of them has a commodity that are feasible to the masses that could attract more people to invest. Just choose the best Altcoins in the market and not those Altcoins that its look like becoming a crap or shit coins because for sure they will just waste your time and money.
Altcoins give bigger profit than bitcoin, but we can't have certain timeline to experience the profit. It happens unexpected same, and we need to be lucky to get good profit out of altcoins. Over these days there is no big growth with altcoins, investing now will get much big profit but people go with bitcoin which is all because of the market it has gained over the short term.

Above user holds good altcoins which are almost same as bitcoin, because there is nothing to fear of the profit. It'll give assured return on the investment someday.

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November 08, 2019, 01:44:21 PM
 #279

Although I think that good alts will recover in time, it seems like right now is a bad time to buy.
We've been treading water in a narrow price range for a while now, and whenever it is tested the test is always downwards. We are dropping again today. For me this suggests BTC dominance might continue to rise for a while yet.






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November 08, 2019, 03:22:40 PM
 #280

Not all Alts have a bad reputation, for example Alts ranks high.  I still buy, invest and hold lots of Alts but not the new Altcoin that I invested. Especially now that the dominance of Bitcoin is increasing, making many people doubt Alts. We can get greater profits from Alts, if we are good at doing analysis.

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