extremeprivatemasternode
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October 29, 2019, 02:46:23 PM |
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Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
it actually depends on what altcoin would you be investing. try looking for great altcoin who got a real life features, -EPM |
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Taskford
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October 29, 2019, 02:53:31 PM |
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There's nothing wrong on investing with alt's but make sure you invest on the coins listed already on exchange and been at the top 20 or even in 50 spot on the market ranking since you will have the possibilities to gain more percentage if the alt market goes pump. But if you are looking with the ICO tokens then you are in wrong place since most provably you will be putted on hyip but end up crying in the end since chances to get scammed or you will baghold your bought alt's.
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ivakar
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October 29, 2019, 04:11:40 PM |
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if you ask me about my opinion, I say that you need to buy bitcoin about $7000 level for investment
I think soon it will go down again.. that green candle is a temporary one.
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Darooghe
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October 29, 2019, 05:05:25 PM |
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Yes. you always can invest simply because it is gonna feel cheap at this rate in the long term. Keep in mind. The volatility in Crypto is not because of some bubble. It is because it is a brand new asset class and folks are still in the process of adopting it. Very small proportion of world population is active in the game. In several hypothetical scenarios total market for cryptocurrencies can go up to 1% of a total of $80 trillions in the world, thereby, something like 1 trillion.
With the bear season, there is an opportunity to buy cheap altcoins. I don’t know for how long the price will be low, but it seems already on the rise. I see many cryptocurrencies growing in popularity and value. You could certainly invest your money in a well diversified portfolio of Top altcoins, or maybe new emerging ones with huge potential, and see what happens. don't forget that the market will rise after every crash.
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TalkStar
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October 29, 2019, 05:20:44 PM |
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Yeah you can invest on altcoins where most of their price is pretty much lower than ever and making profit is just a matter of time. Before making your investment its necessary to choose best altcoins with strong project background. I hope you have enough knowledge to choose the right one. You may take a look on bitcoin's current price growth which is absolutely a good sign too. After having a speech about blockchain technology from china's prime minister crypto market started to shake and if i am not wrong then we will be able to see significant investment from chinese investors soon. So you can also add bitcoin on your choice list for investment.
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DimitrisLodirogas (OP)
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Activity: 147
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October 29, 2019, 07:39:23 PM |
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Diversifying is the best thing you can do buddy. The biggest mistakes people usually make is putting all eggs in one basket when HODLing. So i would advise you to buy some BTC and then use the rest of the money to buy a few alts with great potential
Sounds reasonable! Thanks for advice |
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DimitrisLodirogas (OP)
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Activity: 147
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October 29, 2019, 07:41:29 PM |
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Yes. you always can invest simply because it is gonna feel cheap at this rate in the long term. Keep in mind. The volatility in Crypto is not because of some bubble. It is because it is a brand new asset class and folks are still in the process of adopting it. Very small proportion of world population is active in the game. In several hypothetical scenarios total market for cryptocurrencies can go up to 1% of a total of $80 trillions in the world, thereby, something like 1 trillion.
With the bear season, there is an opportunity to buy cheap altcoins. I don’t know for how long the price will be low, but it seems already on the rise. I see many cryptocurrencies growing in popularity and value. You could certainly invest your money in a well diversified portfolio of Top altcoins, or maybe new emerging ones with huge potential, and see what happens. don't forget that the market will rise after every crash.
Top altcoins means top25 or top 50? Thanks for a nice insight, will keep everything in mind. |
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DimitrisLodirogas (OP)
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Activity: 147
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October 29, 2019, 07:42:30 PM |
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Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
it actually depends on what altcoin would you be investing. try looking for great altcoin who got a real life features, -EPM Real life features..which coins do you suggest? |
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congakia113
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October 30, 2019, 01:09:48 AM |
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The altcoin coins or leading currencies are strongly influenced by bitcoin. If you are a speculator, I think the moment is appropriate to speculate on coins like ethereum, anchors or litecoin. For Bitcoin, the time to buy is 8k, not now. If you buy BTC now, I think there will be a long period of speculation.
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yazher
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October 30, 2019, 02:35:36 AM |
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The price increase has suddenly stopped, still, you can buy some other Altcoins for they still continue to rise at a slow movement. You need to be careful about selling them as soon as the price will decrease. Because many speculators think that the sudden price pump was just a bull trap. You need to choose the right coin to buy. If you decide to hold it for long then the time is right to buy now. but choose only the top coins in the market for they are the only coins who have a history of coming back.
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Wysi
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October 30, 2019, 08:48:53 AM |
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The price increase has suddenly stopped, still, you can buy some other Altcoins for they still continue to rise at a slow movement. You need to be careful about selling them as soon as the price will decrease. Because many speculators think that the sudden price pump was just a bull trap. You need to choose the right coin to buy. If you decide to hold it for long then the time is right to buy now. but choose only the top coins in the market for they are the only coins who have a history of coming back.
It will be a bold move to invest into altcoins as most of us think it will take a huge amount of time for altcoins market to recover and as of now they are dependent of bitcoin's price increase for their growth. It's advisable to stick to coins like Ethereum, XLM, TRON and other top altcoins as we cannot depend in other coins as of now. I think we need to wait until halving as there are speculation that the value of bitcoin will drop just before halving which will drop the value of altcoins as well and I think that would be the right time to invest in altcoins. |
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smyslov
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October 30, 2019, 05:42:55 PM |
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Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
You can do both buy more Bitcoin and at the same explore altcoins that will likely give you profit when the bull run and altcoin season comes, it's very tempting to also invest in altcoins because they have proven, that they can grow along with Bitcoin. You can do your own research on what altcoins to invest but do not go down to the top 10, the top coins in the market are considered safe altcoins to invest. |
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passwordnow
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October 30, 2019, 07:52:36 PM |
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You have always the option to diversify or focus with bitcoin but if you are uncertain of diversifying with altcoins, you have the option to keep with bitcoin only. That's still even a good choice for someone who wants to invest. Top altcoins means top25 or top 50?
Thanks for a nice insight, will keep everything in mind.
Any of it is good but keep it on your mind that not just because it's included into that rank, you will buy already. Don't forget to make a research about each coin that you are likely to buy before proceeding. |
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deadsilent
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October 30, 2019, 10:24:18 PM |
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Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Some altcoins still have potential to go up again and back on top. Bitcoin seems unstoppable but alts still good investment. Just go to Binance and buy some good volume altcoins there. Or invest in IEOs. This will give opportunity to gain profit. You just to be cautious about buying IEOs. Some of them are scams. |
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Taskford
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November 02, 2019, 02:58:44 PM |
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Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Some altcoins still have potential to go up again and back on top. Bitcoin seems unstoppable but alts still good investment. Just go to Binance and buy some good volume altcoins there. Or invest in IEOs. This will give opportunity to gain profit. You just to be cautious about buying IEOs. Some of them are scams. For old coins yes they have potential since they pass so many trials and regain there spot on the market and for sure they still have potential to go up for more,and I also think that the only reliable is with binance IEO and best for people to go but they also need to take precaution since once the token/coin listed a chance for it to get dumped is visible so sell whenever we see a profit and accumulate with dumps and by this we can earn on this doings. |
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target
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Activity: 2226
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November 02, 2019, 04:42:23 PM |
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Considering events from last week and bullish BTC movement. Is it smarter to just buy BTC and wait or explore some alts and try to profit now (keep in mind i'm not an experienced trader <6 months)
Appreciate the help!
Some altcoins still have potential to go up again and back on top. Bitcoin seems unstoppable but alts still good investment. Just go to Binance and buy some good volume altcoins there. Or invest in IEOs. This will give opportunity to gain profit. You just to be cautious about buying IEOs. Some of them are scams. For old coins yes they have potential since they pass so many trials and regain there spot on the market and for sure they still have potential to go up for more,and I also think that the only reliable is with binance IEO and best for people to go but they also need to take precaution since once the token/coin listed a chance for it to get dumped is visible so sell whenever we see a profit and accumulate with dumps and by this we can earn on this doings. Investing in IEO will be good if you can keep up and can timely dump what you have before big investors begins to dump. You are just earning form the bonuses you got for investing. But if you don't wanna do that, just keep your investing to the top ones, buy every time it dips since you are not a trader. Invest on cheap ones on top. My money is on ADA for now since we are waiting for the mainnet, its up for you to keep them after that. |
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jets567
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November 02, 2019, 05:04:42 PM |
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If I'm correct most of the traders are earning a lot by trading altcoin instead of Bitcoin since there are many choices of altcoins they can play with using a small capital but if you are looking for long term investment then you must be very picky on choosing because some alts are have no actual plans in the long run which is why they turn to a shit coin after a few years. For me I only invest on altcoin that has been on the market for about 3 years to reduce the risk of loosing money.
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Velkro
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November 02, 2019, 09:42:36 PM |
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Is it WORTH investing ALTS RIGHT NOW?
Appreciate the help!
Was it ever worth? Not really no. You would be better in any point of time to just put all money into BTC and wait than investing in ALTS :] Too many already lost huge amounts of money due to alts, no more. |
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pgbit
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Trident Protocol | Simple «buy-hold-earn» system!
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November 03, 2019, 07:59:06 PM |
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I always think that buying and holding Bitcoin BTC is a good idea.  But I am also a strong advocate of not putting all your eggs in one basket and that is why I would recommend you to use a little of your funds (maybe like 20% of it) to invest in Reputable Altcoins like Ethereum that has proven that they are here to stay and has contributed a lot to the development of Blockchain technology. Bear in mind that this is not a financial advice, I am just telling you my own perspective and the final decision is left up to you. |
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evgenia_volkova
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November 03, 2019, 09:11:03 PM |
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One simple way of getting altcoin season is if there has a bull run of BTC like 2017 and in such market investing in some small cap coins is of great profit as all allts generally in this phase.
Else there are different coins having short period bull run do analysis, keep an eye, set alerts of prices and get profit. This process needs lots of patience and study.
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