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

[Hamphser]

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

Depends on your choice!

If you do decide to go with full in Bitcoin and buying back on a specific price point but since you had already save up some btc and tend to make those profits in investing with some alts
then stick out on how did you do make some selection way back.It might turns out to be on different phase when it comes to profiting situation because the thing happened in 2017
wont really be ever the same on whats currently happening now.

Its your money and its up for you to decide on which one you would really select on and as long that you do saw that it is viable thing to do then go ahead.

[Twentyonepaylots]

I don't see this as the end of the world, yes you might've lost a very big opportunity to earn money years ago, but buying now would keep you from making the same mistake. And as you should've known by now, bitcoin rewards the most patient people, so after buying, whatever happens to your coins, just keep it there, just hodl. It's not going to zero out, not with this current price that is.

the 2018, 2019, 2020 dump of the altcoins should have already given you more than enough experience no never invest in any of the altcoins for long term. they are always going to get dumped sooner or later even if their pumping lasts for some time like it did back in 2017.

if you want long term investment you should always stick to bitcoin and nothing else.

A lot of people say Altcoins is the future but I beg tp disagree, a lot of altcoins show great prpmise but that industry is also full of one-hit-wonders that will leech you off your money. So might as well invest on the ones that are already established in the market and in the minds of the people.

[acener]

Both alt and Bitcoin could give you profit it all depends on how you handle or manage it,
You just need to invest and get out at the right time,
Sometimes even holding them for a long time could also give you a huge profit you just need to choose carefully on which to invest.

[Sithara007]

Both alt and Bitcoin could give you profit it all depends on how you handle or manage it,
You just need to invest and get out at the right time,
Sometimes even holding them for a long time could also give you a huge profit you just need to choose carefully on which to invest.

IMO, this is not applicable for Bitcoin. It's future potential looks great, at least for the next decade. The same can't be said about altcoins. You can't hold most of the altcoins for the long term, because there is always the possibility of some technologically advanced coin replacing them from the market. In short, I would say that Bitcoin is suitable for both medium-duration and long-term holding, while alts such as Ethereum are more suitable for medium-term holding.

[skarais]

IMO, this is not applicable for Bitcoin. It's future potential looks great, at least for the next decade.

At least that's the reason institutional investor choose to invest in bitcoin over altcoin. Everyone believes that bitcoin is a very suitable asset to invest in in the long term and the fact is that people have been enjoying bitcoin ATH recently. They are the ones who make big profit.

The same can't be said about altcoins. You can't hold most of the altcoins for the long term, because there is always the possibility of some technologically advanced coin replacing them from the market. In short, I would say that Bitcoin is suitable for both medium-duration and long-term holding, while alts such as Ethereum are more suitable for medium-term holding.

I don't blame you for that, of course, but are you sure that no single altcoin is suitable for long-term investing?
In my opinion, institutional investor will of course also look for the best altcoin to invest in the long term and I believe ETH is one of those altcoin. It doesn't hurt to say that most of the altcoin on the market today are not suitable for long-term investing due to a lack of trust and adoption. However, I do believe that among the top 4 altcoin there is great potential for the future.

The future potential of bitcoin as a long-term investment asset can be measured by the number of institutional investor who support and hold large amount of bitcoin as a mean of holding corporate cash. Bitcoin's limited circulation is a factor why they choose to invest in bitcoin. But nothing can predict the future and bitcoin can still be replaced by other decentralized currencies in the future. But I didn't expect it.

[yohananaomi]

IMO, this is not applicable for Bitcoin. It's future potential looks great, at least for the next decade. The same can't be said about altcoins. You can't hold most of the altcoins for the long term, because there is always the possibility of some technologically advanced coin replacing them from the market. In short, I would say that Bitcoin is suitable for both medium-duration and long-term holding, while alts such as Ethereum are more suitable for medium-term holding.

Yes, my friend, technology will continue to grow and so will the coins that will come in, which could be better than the coins that exist today because of the development of these technologies that make it more advanced and developing.
but for some coins there are still quite a lot of them that are still making investments and the possibility of losing them will be smaller if investors continue to look for and hold them.

bitcoin will certainly remain the first target both short and long term for now, why is bitcoin now turning into a short-term investment too. all because the demand is so high that the movement in an hour is able to turn the difference up to $ 7K and that's incredible, but if ethereum is sufficiently sought after due to the problem of high gas fees it could change and alternatives people and investors want to find a cheaper one.

[mezzaluna]

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

8 BTC is stil a big amount of Bitcoin at that time and having at least 1 BTC is enough to get you through everyday lives and is also enough to be spread into multiple investments. I don't believe that anybody would be laughing at you because you are already gaining so much money by investing them and its a situation in which you made a decision that would risk all your capital. 2017 was already a good time to enter the Cryptocurrency Industry and having an investment within this Industry is already a great choice so you can just leave it here and wait for another time to withdraw it if you needed the money.

[Karartma1]

These threads are very entertaining because of the many magic tricks that people invent to try and profit basically not even knowing what to do. I had personally removed of my alt positions in 2017 after the last big bull run. I follow a few of them but I'm not very interested anymore. It's already very difficult to keep up with all things bitcoin!

[Negotiation]

You invested in 2017 but now that the market has improved you have made a lot of money along with bitcoin the price of other Altcoin has gone up a lot this year those who invested and held that year are now banners. There is nothing to laugh about you have increased your capital to a huge extent wait the price may rise further.

[Amejoaquim]

To be honest i don't really understand about your story.

So in my point you just want advice to invest in which coin..

Then i will recommend you to invest in top coin, and stay away from small coin (outside top 200 cmc).

And, if you want to hold for a long term then you can just buy right now and no need to wait for the "dip".

Because at the end, the price for big coins like BTC ETH BNB will rise.

[wxxyrqa]

To be honest i don't really understand about your story.

So in my point you just want advice to invest in which coin..

Then i will recommend you to invest in top coin, and stay away from small coin (outside top 200 cmc).

And, if you want to hold for a long term then you can just buy right now and no need to wait for the "dip".

Because at the end, the price for big coins like BTC ETH BNB will rise.

Many cryptocurrency users today are very worried about not making the mistake that many made in 2017, when they invested their funds in bitcoin or other altcoins, when cryptocurrency prices peaked and after which the market went wild. today the situation is repeated when people want to make investments, but are afraid that the price will again irrevocably fall.

[Golftech]

To be honest i don't really understand about your story.

So in my point you just want advice to invest in which coin..

Then i will recommend you to invest in top coin, and stay away from small coin (outside top 200 cmc).

And, if you want to hold for a long term then you can just buy right now and no need to wait for the "dip".

Because at the end, the price for big coins like BTC ETH BNB will rise.

Many cryptocurrency users today are very worried about not making the mistake that many made in 2017, when they invested their funds in bitcoin or other altcoins, when cryptocurrency prices peaked and after which the market went wild. today the situation is repeated when people want to make investments, but are afraid that the price will again irrevocably fall.

If same attitude applies then same committed mistakes will happened again, it's best not to dwell with your

previous mistake but to move forward and try to enhanced your skills, there are people who are afraid to take

their steps knowing that the chance of losing their money is very possible but with that  mentality they are

are also losing the chance of succeeding.

[Silberman]

His ideas are a bit scattered, but the numbers help to understand, however, the movement of the shitcoin market that is associated with the volatility of bitcoin has allowed those who own some of these Alts to obtain profits, they have only had to wait, ETH It is one of them but others have been an absolute lottery like Dogecoin, others have simply remained in the estimated ranges, this talking about the top 50 of cryptocurrencies.

But whatever the growth estimate of these Alts, they are still a speculative lottery, so it seems that for the amounts($$$) you handle you can afford to hold bitcoin, so do not complicate 99% bitcoin and 1% to the lottery.

If you look at the cryptocurrency market cap, around 95% is made up of Bitcoin and a handful of the top altcoins. The remaining 5% accounts for the smaller altcoins and tokens, which may number somewhere around 5,000-10,000. DOGE doesn't deserve the market cap it is having right now. It doesn't have any practical usage, as it was created in order to mock Bitcoin. And such cryptocurrencies will not last for very long. Those who invest in DOGE will regret about their decision later.

I do not really know if DOGE deserves its current market capitalization however DOGE has some uses, the most important is that thanks to its fast confirmations and cheap transactions it is a good coin you can use to gamble, however I agree with the rest, while some websites show the dominance of bitcoin as lower than that the truth is that for the most part that is false and bitcoin represents more than 90% of the market, so as an investment it makes little sense to put your money anywhere but bitcoin.

[Shasha80]

If we talk about events in 2017, many people bought coins at the peak price. And in the end many have suffered losses, because the price of coins
in 2018 fell very deeply. This incident finally made some investors afraid to repeat itself this year. But don't panic what happened this year, because
the increase in the price of Bitcoin and altcoins this year is not a bubble like happened in 2017. Crypto coin fundamentals are much stronger, with
many institutions starting to invest in cryptocurrency. So in my opinion, buying coins this year does not need to wait for the price to dip, because
the price decline is not as far as it did in 2017. Simply waiting for the coins to drop by 10% -20%, we can start buying coins.

[OcTradism]

the 2018, 2019, 2020 dump of the altcoins should have already given you more than enough experience no never invest in any of the altcoins for long term. they are always going to get dumped sooner or later even if their pumping lasts for some time like it did back in 2017.

if you want long term investment you should always stick to bitcoin and nothing else.

It is how the DeFi hype will end in the future. People who are in greed with DeFi hype will end their games with demise.

Bitcoin is the best choice for long term investment and I use two main gates to store my capital: bitcoin and fiats. I guess that some people will argue that why I choose fiats, not stable coins. I think that fiats are safer than stable coins. I can not know how stable coins will end with government responses and regulations in the future. Fiats and stable coins are all inflated and stable coins are not better than fiats. They are more convenient to use, to bring around but not safer than fiats.

[Yurkov]

We all learn from mistakes, nobody do it right for the first time. As Warren said, “buy when everyone fears to buy and sell when everyone fears to sell”. In my opinion, the opportunity to buy bitcoin has passed and it’s very risky to jump with huge capital at current high price.

[Swordsoffreedom]

I don't know how people can rely on Altcoin where most of the Altcoin are failed to get close to their previous ATH in this Bullish situation. I don't prefer holding Altcoin for long term.
You can Buy Bitcoin and can hold it for long term.

If you want suggestions on when is the perfect time to buy then it is dependent on your holding style. If you want to catch a big pump then you must have to hold BTC for long term, a minimum of 1/2 years. In this case, you can set a plan and buy Bitcoin at every dump instead of spending all money at a time, keep buying Bitcoin at every dump for 1/2 years until it breaks the previous ATH. After 1/2 years, when you reached your target then you can sell.

Another way is doing day trading/monthly trading, it is risky and there is a possibility of losing your capital if you don't have enough skill.

[Silberman]

I don't know how people can rely on Altcoin where most of the Altcoin are failed to get close to their previous ATH in this Bullish situation. I don't prefer holding Altcoin for long term.
You can Buy Bitcoin and can hold it for long term.

If you want suggestions on when is the perfect time to buy then it is dependent on your holding style. If you want to catch a big pump then you must have to hold BTC for long term, a minimum of 1/2 years. In this case, you can set a plan and buy Bitcoin at every dump instead of spending all money at a time, keep buying Bitcoin at every dump for 1/2 years until it breaks the previous ATH. After 1/2 years, when you reached your target then you can sell.

Another way is doing day trading/monthly trading, it is risky and there is a possibility of losing your capital if you don't have enough skill.

I think this is because people realize they have mostly missed the boat with bitcoin, they think they cannot obtain big profits with it anymore and they are looking for another coin that could give them the same results as bitcoin, but as we know no coin is ever going to come close to that, first because many of those coins are derivative works of bitcoin and they are not original and second because a great deal of those coins will go nowhere since they have no use case at all.

[Kong Hey Pakboy]

We all learn from mistakes, nobody do it right for the first time. As Warren said, “buy when everyone fears to buy and sell when everyone fears to sell”. In my opinion, the opportunity to buy bitcoin has passed and it’s very risky to jump with huge capital at current high price.

That is debatable, if you are aiming for a short term gain then buying at the current price will yield you with small profits but if you were to aim for the long term then now is the right time to buy bitcoin because overtime bitcoin will grow despite short term dips. It doesn't need to be your mistake for you to learn, the wise people learn from the mistake of the other people.

[Josefjix]

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.