Invested in alt in 2017 ..and now need help to dont do same mistake

[Ewox]

I’d probably suggest but buy altcoins that are around at the top 10-15 in the coinmarketcap so you’ll have an idea which coins you want to invest in; that is if you don’t want to just invest in Bitcoin. But if I had that money, I’s probably invest most in Bitcoin then probably 25-30% on alternate coins, but that’s just me though. It is entirely up to you still whichever you want to do with your investment.

[Golftech]

Take a big lesson from your mistake, take advice from the experienced ones here and buy the right coins for a long term hold. Maximize your investment and take profit at the right time and invest in projects that are very reliable. The lesson here mainly is situated on investing on the right coins which wouldn't fail while holding them for 1-5 years minimum. The veterans here have made the same mistake as you and every novice as well. You can follow top traders giving signals on Twitter as well. You're likely going to gain profit at the long run.

Learn things the hardway, It's really useful to keep following and reading what those

experienced traders are sharing, but never to rely your investment to them, they understand

the flow and they are capable of doing what is best to their investment when time is not favoring

them, the very probme which is really hard to avoid when you are still new to the business.

[tygeade]

I have already stopped investing in altcoins because they are not working for me as Bitcoin does.
Although I know there are people who say that diversification is the best, but if I am to diversify , I think a few of the Altcoins in the market are enough for me, especially Ethereum and any other top ALTCOIN in the market, not the type that people will be investing in more than ten and twenty coins.

Some of them can’t even keep their focus on any of those coins and they don’t know when there is something wrong with those coins, they can’t tell. So for me it’s best to invest in one coin, and that’s Bitcoin or you can add a few altcoins like I have said, you will be able to focus on them.

[bitbollo]

So your profits is $250k right? I need to read your post twice 

$250k in profits from $200k of investment is pretty decent. More than 100% in just 4 years.
Still better than value investors who gains 10-20% annualy.

I’ve checked your wallet address, and yes you have many sh*tcoins that didn’t go well in the past.

Personally, I will take 60% for btc, eth, and top cap alts, 10% for speculation, 20% for the dips.

definitely agree with that! most of coins hyped during ico mania at the end after many years have been just scam or coin with a negative evalution.
I made an experiment taking some "suggested coins" from this topic https://bitcointalk.org/index.php?topic=2106360.0 "The next 100x or 1000x coin", where people trying to guess/suggest the coin that could receive a big pump during end of 2017 early 2018.

At December 2017, it means after 3 years, I get following results:
13,18% Reported a positive evaluation.
10.83% Reported a 0 (total loss)
the others just negative results (prices go down).

(full post here https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq )

If you get this profit you have been enough lucky since the vast majority of people that invested in such hyped project have received only a negative ROI.

[dansus021]

I have already stopped investing in altcoins because they are not working for me as Bitcoin does.
Although I know there are people who say that diversification is the best, but if I am to diversify , I think a few of the Altcoins in the market are enough for me, especially Ethereum and any other top ALTCOIN in the market, not the type that people will be investing in more than ten and twenty coins.

Some of them can’t even keep their focus on any of those coins and they don’t know when there is something wrong with those coins, they can’t tell. So for me it’s best to invest in one coin, and that’s Bitcoin or you can add a few altcoins like I have said, you will be able to focus on them.

Total Agree with this guy, is good invested in top altcoin top 10 marketcap atleast and must do Research first before investing in any coin.
there's dozen "SCAM" coin or most people shitcoin that need to avoid

and some suggestion from me
1. Top 10 Coin
2. Good Roadmap, development and active community
3. Can be staking in future so HODL and gain more rewards 

[Silberman]

I’d probably suggest but buy altcoins that are around at the top 10-15 in the coinmarketcap so you’ll have an idea which coins you want to invest in; that is if you don’t want to just invest in Bitcoin. But if I had that money, I’s probably invest most in Bitcoin then probably 25-30% on alternate coins, but that’s just me though. It is entirely up to you still whichever you want to do with your investment.

A 65% to 70% portfolio allocation on bitcoin is not a bad idea, it could be even higher but that should be good enough, many newbies in their desperation to make profits invest everything in altcoins thinking on all the profits they are going to get not understanding that if they happen to make a bad move then losing all their capital is almost a guarantee, by investing so much of your capital on bitcoin allows you that in the case you fail you still have most of your capital and keep making profit thanks to bitcoin.

[Trinx01]

Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.

[PointHope]

Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time

I made some mistakes in 2017 too. But overall stuck with BTC and bought more early 2020. Smartest move I made.
Bitcoin is the only apex asset out there. Never sell your BTC.
Many big players are recognizing how BTC is a harder asset than gold.
The next few years will see the 10 trillion that's in gold right now, slowly move into Bitcoin.
Much of the 500 trillion bond debt bubble is also looking for a secure home like BTC.
Simple math, BTC will very likely see $100 million in our lifetimes. Especially as technology improves and different useable layers of utility are built on the bitcoin underlayer.

[lienfaye]

Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.

Investors are diversifying to altcoins because it is profitable as well not just bitcoin. However its a bit risky because there are too many of them and choosing what coins to invest is not really easy unless if you go to popular altcoins.

If I have huge capital just like op, I'd probably allocate 80% to bitcoin and 20% for altcoins that has potential, extensive research is needed to find out what could be the best alts to invest in when the market turn to red status.

[leea-1334]

If I have huge capital just like op, I'd probably allocate 80% to bitcoin and 20% for altcoins that has potential, extensive research is needed to find out what could be the best alts to invest in when the market turn to red status.

Exactly,,, just remember that diversifying to Bitcoin alone is a diversification to crypto, and there is no surer bet than Bitcoin when it comes to crypto. Diversifying into other alts should be the same principle. If you want to put 10% of your wealth into Bitcoin, then 10% of your crypto wealth should be into alts. Yes,,, you can get x1000 or whatever with alts but you have to be full time watching the markets and most of us have a real life and real job, hodling is the only "safe" method for diversifying.

[gurunanakji777]

I noticed and realized top coins move for sure whether the market is bear or not So my advice is to search for some top trusted coins and invest in those coins so If the market turns bear you need not worry because sooner or later coins will rise. Don't gamble on the pump and dump coins it can only entice the traders but the risk is higher in such coins so choose wisely from the top 50 coins and at least keep 50% in bitcoin and 50% in altcoins. 

[Kittygalore]

I’d probably suggest but buy altcoins that are around at the top 10-15 in the coinmarketcap so you’ll have an idea which coins you want to invest in; that is if you don’t want to just invest in Bitcoin. But if I had that money, I’s probably invest most in Bitcoin then probably 25-30% on alternate coins, but that’s just me though. It is entirely up to you still whichever you want to do with your investment.

You could just put all in bitcoin because by charts, bitcoin is proven to grow overtime compared to other altcoins that are volatile and the growth that they present are sometimes not that high compared to bitcoin. It is not bad to diversify but I think that growing your money on one coin is much better for the long term and along the way when you get you are profiting big out of it then that will be the time that you are going to diversify.

[Silberman]

Newbies are really interesting in altcoins because they want to explore more instead of focusing only on bitcoin, well there is no wrong with investing in altcoins, just choose the good and reputable altcoin such as BNB and Doge as these altcoins might have a good future, but if I were you having a huge amount of money, I will focus on investing in bitcoin instead of altcoins.

This is not a matter of exploration this has to do with the profits they believe they can get out of altcoins, and while it is true you can obtain more profits with altcoins on average a newbie will lose money by investing in those coins, as such it is better for them to concentrate and invest only in bitcoin I know that this is going to limit their profits but even more important than that it is going to limit their losses and that is more important when you are starting your journey as a trader.

[LogitechMouse]

Recommending a few altcoins to invest with especially to newbie isn't a good idea for me especially if the coin that you are recommending are those with higher risk that is why whenever I share some good coins, I always pick the top coins. Lesser risk but lesser rewards too compare to those low market cap coins. These are 2 that I can see that has a good future.

1. Cardano = it has been there for a long time. It has a community and the Owner has a long term plans and goals for it. His thinking is way out of the picture. He doesn't think about profits but he thinks about how can he help the community. Goguen Mainnet is coming possible the end of Q1 and it might push the price of it higher. The good point too is you can stake ADA coin.

2. Uniswap = an airdropped coin but it changed the DEX industry. An exchange where you can swap coins at an ease. Very easy, user friendly and the best is you don't need KYC to swap your coins. Uniswap 3.0 is coming and it might push its price even higher. I just feel regret that I didn't bought this coin when it was below 10$. 

With the coins we recommended to you, I just hope that you will not do the same mistake like you did in 2017. One advice that I may share is that, keep some cash for now. I don't know why but I have a feeling that we are in the peak of the bull run.

[BuNga_cute]

I agree that the mistakes that occurred in 2017 were mistakes that we should not repeat. There are several reasons that make many investors
experience losses when investing in 2017. Among other things, many investors who are greedy wanting to get big profits end up buying coins
at peak prices. The next one is less patient waiting for the market to recover, doesn't use the stop-loss feature and the last one doesn't do
the analysis properly. These four factors are the mistakes most investors make when investing in crypto in 2017. Now in 2021 it seems like many
investors have learned a lot from the mistakes that occurred in 2017. Therefore, many have managed to get big profits in 2021 by investing
in cryptocurrency.

[nebuch]

I think even you've got small profit, you should consider to sell few of your tokens to have a reserve money to buy in case dip will occur. With regards to investment, better to choose the top 10 coins because there are a lot of people who watching the development of this project. It could also mean that the token value is impossible to come up to zero.
Try to look at BNB and CAKE or some potential and popular coins. Then choose where to out the 10%, 30% and 60%.

If 2017 was a great lesson, then anticipation is a great decision not to let it happen again.

[cabron]

You got big numbers there in your ETH wallet. All we thought are shitcoins but now it has a huge value already. Some of it aren't even known to the users here, can't believe how you got those tokens because it looks like there was no market for it during the 2018 crash.  

What exactly you want us to do is to buy altcoins when the bear market bottoms?

[michellee]

If you really have that big money, you can use it for 20%-25% when the dip comes to have some bitcoin and you can hold it until the price increase.

Besides investing in bitcoin, you can try to search the altcoin that can give you additional profit in the future. A good entry point will be when the price is down, especially if the price can drops so you can start to buy at a low price. But every trader will have their own analysis, so we will have a different entry point to buy.

Ethereum and BNB can be your investment, but the price now is too high to buy, so maybe you can search for other coins with low price than ethereum and BNB. You can search for altcoin, which has a good position in the market, so you can expect to make a profit later.

[chainganginc]

Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time

This year might be different...looks like certain altcoins will be good investment. Litecoin and polkadot especially by the next halving get in position. Keep using Bitcoin but look for the next one.

[chainganginc]

I dont fully understand, do you have 70% in Bitcoin or is it all in ALT's?
I dont do ALT's anymore, most would suggest 10 to 20% in ALT's & the rest BTC.

There will be plenty of price corrections to come but nobody knows
when that will be. We already had a 20% correction at the end of Feb.
There will almost certainly be dips before key price
points like $60k, $70k etc.

be patient and wait the famous correction .....

I take it you mean like 2017/2018, There are a lot of people who think
that same kind of "crash" will happen again, Why? There are different
investors this year, investors not interested in selling only buying.

Feels like 2009 but just Covid 19 instead of 9-11 Bitcoin looks like it's moving in with the cashless society experiment. Don't want to touchfiat or gold might have a virus.