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Author Topic: sold my alts, all in BTC  (Read 11601 times)
BitcoinFX
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September 11, 2014, 09:04:41 PM
Last edit: September 11, 2014, 09:48:00 PM by BitcoinFX
 #21

I recently took a review of my own alt. coin holdings / crypto-currency portfolio.

Here is a list of the more innovative crypto-currency projects and/or digital assets that I personal think stand the best chance of continued recognition and/or long-term adoption / usage by the masses as currency (in some form or another). There are a few others, although these are the ones that I feel matter the most, currently. This is not investment advice... and no I don't personally hold large amounts of all of these alt. coins.

BBR - Boolberry - http://boolberry.com/
BTSX - BitSharesX - http://bitshares-x.info/
CGB - CryptogenicBullion - http://cgb.holdings/
CURE - Curecoin http://curecoin.net/ (EDIT: and Gridcoin)
DRK - Darkcoin - http://www.darkcoin.io/
LTC - Litecoin - https://litecoin.org/
MINT - Mintcoin - http://mintcoin.cc/
MYR - Myriad - http://myriadplatform.org/
NMC - Namecoin - http://namecoin.info/
PPC - Peercoin - http://www.peercoin.net/
XPM - Primecoin - http://primecoin.io/
XST - Stealthcoin - https://www.stealth-coin.com/

Being from the UK - if the launch of Sterlingcoin goes well on the 20th of this month, then that could well be a digital asset to watch.

SLG - Sterlingcoin - http://sterlingcoin.org.uk/
 

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September 11, 2014, 09:28:23 PM
 #22

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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September 11, 2014, 09:32:03 PM
 #23

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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September 12, 2014, 06:52:37 PM
 #24

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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September 12, 2014, 09:31:22 PM
 #25

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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September 12, 2014, 09:34:31 PM
 #26

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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September 12, 2014, 09:37:23 PM
 #27

altcoin is kind of a leveraged way of playing bitcoin
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September 12, 2014, 09:37:47 PM
 #28

I would have been better just sticking to btc..

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September 12, 2014, 09:44:28 PM
 #29

I would have been better just sticking to btc..

definitely agree! 
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September 12, 2014, 09:46:52 PM
 #30

I would have been better just sticking to btc..
costly lesson for me  aswell

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September 12, 2014, 10:04:10 PM
 #31

Keeping track of all different alt coin wallets was annoying Angry 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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September 12, 2014, 10:06:50 PM
 #32

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. Grin

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September 12, 2014, 10:40:41 PM
 #33

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. Grin

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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September 13, 2014, 12:15:08 AM
 #34

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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September 13, 2014, 11:36:34 AM
 #35

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. Grin
Define crash... Some might feel that is what has happened.

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September 13, 2014, 12:05:07 PM
 #36

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. Grin
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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September 13, 2014, 12:08:35 PM
 #37

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 Smiley

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

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September 13, 2014, 01:17:42 PM
 #38

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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September 13, 2014, 01:20:56 PM
 #39

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 Wink. 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.

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

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September 13, 2014, 01:28:27 PM
 #40

Care to elaborate on why BTCD did not make your list?
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