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riiiising
Newbie
Offline
Activity: 45
Merit: 0
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September 11, 2014, 09:28:23 PM |
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Good decision! Bitcoin will rise up, like a phoenix from the ashes of all the scams and failed crooked exchanges and services out there!
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ReBoRn
Sr. Member
Offline
Activity: 392
Merit: 250
Bitcoin will survive
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September 11, 2014, 09:32:03 PM |
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Currently holding LTC BTC and Doges going good for me because not too much problem with these all now thinking about NXT
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galbros
Legendary
Offline
Activity: 1022
Merit: 1000
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September 12, 2014, 06:52:37 PM |
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I think this is a good way to go. Most of my holdings are bitcoin. Alts can be fun but so many of them just flash and then burn out. Even if a coin may be a survivor, like doge or litecoin, that still does not mean it will be worth a lot in terms of bitcoin. By all means trade alts and play around with them, but I would not hold them for the long term unless one is developed that really solves a problem bitcoin has.
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torpedo
Full Member
Offline
Activity: 274
Merit: 101
AI Growth Hacking, Crowd Shilling, and Guerrilla M
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September 12, 2014, 09:31:22 PM |
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I think this is a good way to go. Most of my holdings are bitcoin. Alts can be fun but so many of them just flash and then burn out. Even if a coin may be a survivor, like doge or litecoin, that still does not mean it will be worth a lot in terms of bitcoin. By all means trade alts and play around with them, but I would not hold them for the long term unless one is developed that really solves a problem bitcoin has.
One of the best thing to do is to get most of your investment in btc and daily some alts that have good volume. That way you can increase the amount of btc you hold and if you find a good alts, you can get some.
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AI Growth Hacking, Crowd Shilling, and Guerrilla Marketing
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bigasic
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September 12, 2014, 09:34:31 PM |
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I sold all of my alt coins to bitcoin right after the big boom..(thats what I call it)... I question if it was the right move, it sure was better than cashing out, that is for sure.. I think some alt coins will have their place while bitcoin is leading the field by quite a bit. Good move to consolidate them to bitcoin..
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gog1
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September 12, 2014, 09:37:23 PM |
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altcoin is kind of a leveraged way of playing bitcoin
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gigEls
Member
Offline
Activity: 66
Merit: 10
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September 12, 2014, 09:37:47 PM |
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I would have been better just sticking to btc..
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gog1
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September 12, 2014, 09:44:28 PM |
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I would have been better just sticking to btc..
definitely agree!
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lemfuture
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September 12, 2014, 09:46:52 PM |
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I would have been better just sticking to btc..
costly lesson for me aswell
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1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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FUR11
Sr. Member
Offline
Activity: 378
Merit: 250
FURring bitcoin up since 1762
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September 12, 2014, 10:04:10 PM |
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Keeping track of all different alt coin wallets was annoying And I don't trust exchanges. I'm ready for liftoff. Are you? (of course I had never more than ~5% in alts) That was a wise move of you! Good thing you were only invested 5% in altcoins, some people lost half their net worth or more because they though some canine coin could do the trick!
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mikerbiker6
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September 12, 2014, 10:06:50 PM |
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I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover.
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Participate and Earn on the Letstalkbitcoin forum letstalkbitcoin.com
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FUR11
Sr. Member
Offline
Activity: 378
Merit: 250
FURring bitcoin up since 1762
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September 12, 2014, 10:40:41 PM |
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I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. If Bitcoin crashes, it crashes in regards to FIAT. Basically all altcoins are very tightly coupled to Bitcoin in regards of FIAT-value. Therefore the altcoins denominated in BTC need to go up. Bitcoin crashing won't do you any good!
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Gimmelfarb
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September 13, 2014, 12:15:08 AM |
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not sure how anyone could justify holding alts in September 2014...... seriously? i would have dumped that garbage many months ago. wait for BTC to get bullish before chasing pump and dump coins.
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xDan (OP)
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September 13, 2014, 11:36:34 AM |
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I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. Define crash... Some might feel that is what has happened.
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HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars. Up, up and away with my beautiful, my beautiful Bitcoin~
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liquidiser
Member
Offline
Activity: 77
Merit: 10
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September 13, 2014, 12:05:07 PM |
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I hope bitcoin crashes for a short period so I will be able to sell my alts for a lot of bitcoin. And then let bitcoin price recover. Define crash... Some might feel that is what has happened. Some would call it a crash when it dropped from $665 to $465. Mikerbiker6 probably means a drop from $465 to $265 or less when he says a crash.
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Don007
Legendary
Offline
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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September 13, 2014, 12:08:35 PM |
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I own about 15 kinds of altcoins, but most of them are in a cold storage. Only 4-5 I own "activily" and trade wit sometimes. They're some great apps on the market for keeping track of your altcoins, for example the iOS app "Coin Ticker". In two seconds you can see the total worth of your portfolio and also the individual values of all the altcoins you selected. Honestly I do think this is a bad time to sell your altcoins; most of my altcoins are doing well the last days
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{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <-
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ssmc2
Legendary
Offline
Activity: 2002
Merit: 1040
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September 13, 2014, 01:17:42 PM |
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Being up 200% on my single alt holding in the last 3 months justifies me holding on to it for now.
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Don007
Legendary
Offline
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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September 13, 2014, 01:20:56 PM |
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Being up 200% on my single alt holding in the last 3 months justifies me holding on to it for now.
I even had 2000% on a altcoin over here . Unfortunately I didn't invested a lot into this altcoin, but hey, it was well worth it. I sold a very small part of these altcoins, so I got my investment back + a little profit. The rest of these altcoins I'll keep for the long run, as I really believes that coin has potential.
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{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <-
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torshammer
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September 13, 2014, 01:28:27 PM |
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Care to elaborate on why BTCD did not make your list?
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