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Author Topic: sold my alts, all in BTC  (Read 11601 times)
angaper
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May 08, 2016, 11:53:39 PM
 #201

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 09, 2016, 03:56:11 AM
 #202

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
That's what makes me crazy sometimes because of many altcoins now in the market, I use to buy different altcoins but I was not able to really monitor them all and ended us losing my investment. Now, I have learned already that I only have to focus on coins that I can manage.
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May 09, 2016, 04:49:50 AM
 #203

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.

now im only in 1 asset or altcoin im invest 3btc at VERGE ($XVG) the current price is very cheap,
hope can reach 30sat again in this week .

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May 09, 2016, 11:58:33 AM
 #204

It is nice that you are going to all in in Bitcoin and you see also that Bitcoin is getting more used and more acceptable and that is perfect for the currency.
But it is hard to know what will happen with the currency but you are not for sure what is going to happen.
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May 09, 2016, 12:09:04 PM
 #205

I guess if you have a lot altcoin, you're better off selling it into bitcoin, may have been when halving occurs, altcoin price that you have come down, but it was still a possibility. if you believe that, maybe you can keep it

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wuvdoll
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May 09, 2016, 04:13:38 PM
 #206

trading altcoin is highest risk, bt the profit also can be highest profit, some altcoin rise upto 9999% but the price also can be -9999% . i sell my altcoin too, but i have plan to buyback if the price of altcoin fail.

It is better to just mine and sell the altcoin and convert into bitcoin. Bitcon is much more sophisticated than most altcoins.
It is nice that you are going to all in in Bitcoin because you also can see now that there are now more people that is going to use Bitcoin and it is also more acceptable.
So that is nice for the currency and the world is also getting more digital and that is perfect for the Bitcoin.
Yes, bitcoin is now becoming more a currency rather than a trading coin, more people now believe that bitcoin is a currency an international currency for online use and people do not want to adopt other currencies so other currencies do not have good future.
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May 10, 2016, 03:25:26 AM
 #207

trading altcoin is highest risk, bt the profit also can be highest profit, some altcoin rise upto 9999% but the price also can be -9999% . i sell my altcoin too, but i have plan to buyback if the price of altcoin fail.

It is better to just mine and sell the altcoin and convert into bitcoin. Bitcon is much more sophisticated than most altcoins.
It is nice that you are going to all in in Bitcoin because you also can see now that there are now more people that is going to use Bitcoin and it is also more acceptable.
So that is nice for the currency and the world is also getting more digital and that is perfect for the Bitcoin.
Yes, bitcoin is now becoming more a currency rather than a trading coin, more people now believe that bitcoin is a currency an international currency for online use and people do not want to adopt other currencies so other currencies do not have good future.
Absolutely, and the more people will patronize the use of bitcoins, the price will continue to increase in the future. If you are holding bitcoins now and you hold it for at least 10 years then you win see the result and it should be profit.
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May 10, 2016, 06:03:43 AM
 #208

trading altcoin is highest risk, bt the profit also can be highest profit, some altcoin rise upto 9999% but the price also can be -9999% . i sell my altcoin too, but i have plan to buyback if the price of altcoin fail.

It is better to just mine and sell the altcoin and convert into bitcoin. Bitcon is much more sophisticated than most altcoins.
Yes we have to keep the source of altcoins as mining as with that we do not have to invest our bitcoin or other currency and have to invest any of our other currency only in bitcoin as the halving will beneft only bitcoin all other coins will drop down.

not everybody mines you know, mining is something that certain groups of people are doing they are either enthusiastic crypto supporters that run their equipment as a hobby or the rest are having cheap electricity that lets them do such an investment.
If someone believes onother coins that they will gain a huge value then they should not have to care about their time and electricity and have to start mining and those who do not have believe that it will increase in value then they do not need to start.
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May 10, 2016, 07:58:26 AM
 #209

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
That's what makes me crazy sometimes because of many altcoins now in the market, I use to buy different altcoins but I was not able to really monitor them all and ended us losing my investment. Now, I have learned already that I only have to focus on coins that I can manage.
There are many people that is not going to use Bitcoin and that is perfect for the currency because how more used how better it is for the currency so that is perfect.
But you also see that the value is going to be more worth and that is nice for the most people with Bitcoin.
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May 10, 2016, 04:51:23 PM
 #210

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
That's what makes me crazy sometimes because of many altcoins now in the market, I use to buy different altcoins but I was not able to really monitor them all and ended us losing my investment. Now, I have learned already that I only have to focus on coins that I can manage.
There are many people that is not going to use Bitcoin and that is perfect for the currency because how more used how better it is for the currency so that is perfect.
But you also see that the value is going to be more worth and that is nice for the most people with Bitcoin.

That is right. Many people are using the altcoin at the moment. With Ethereum, you can invest in Slock DAo.
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May 11, 2016, 02:08:57 AM
 #211

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
That's what makes me crazy sometimes because of many altcoins now in the market, I use to buy different altcoins but I was not able to really monitor them all and ended us losing my investment. Now, I have learned already that I only have to focus on coins that I can manage.
There are many people that is not going to use Bitcoin and that is perfect for the currency because how more used how better it is for the currency so that is perfect.
But you also see that the value is going to be more worth and that is nice for the most people with Bitcoin.

That is right. Many people are using the altcoin at the moment. With Ethereum, you can invest in Slock DAo.
It is good to have a back up coins in case bitcoins will not do good in the future. The most coins in the circulation the better so people will have a choice what to use. Right now, I am even buying for altcoins and invested a lot on waves.
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May 11, 2016, 04:55:49 AM
 #212

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
That's what makes me crazy sometimes because of many altcoins now in the market, I use to buy different altcoins but I was not able to really monitor them all and ended us losing my investment. Now, I have learned already that I only have to focus on coins that I can manage.
There are many people that is not going to use Bitcoin and that is perfect for the currency because how more used how better it is for the currency so that is perfect.
But you also see that the value is going to be more worth and that is nice for the most people with Bitcoin.

That is right. Many people are using the altcoin at the moment. With Ethereum, you can invest in Slock DAo.
It is good to have a back up coins in case bitcoins will not do good in the future. The most coins in the circulation the better so people will have a choice what to use. Right now, I am even buying for altcoins and invested a lot on waves.

lol, what the hell is back up coins. altcoins are mostly useless and none of them could ever come close to bitcoin. besides holding altcoins for long term has never been a good idea because they get pump and dumped then their prices continue going down after this period.

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May 11, 2016, 02:32:09 PM
 #213

That's great get away with the alts the bitcoin will be many times better in the future. get rid of all
that old money and just change everything in bitcoins. But not your cash of course that will always be the
number one paying method.
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May 11, 2016, 05:03:32 PM
 #214

I agree with you. I also prefer to focus my attention in few assets (in this case in few altcoins) because it can be exhausting to watch and exchange multiple coins, especially when we all know that bitcoin still rules and will remain dominating this emerging economy for long.
That's what makes me crazy sometimes because of many altcoins now in the market, I use to buy different altcoins but I was not able to really monitor them all and ended us losing my investment. Now, I have learned already that I only have to focus on coins that I can manage.
It is nice that you can earn some more money with Bitcoin and that is because you also see that more people is using Bitcoin as their payment method so that is nice.
But of course you also dont even know what to do sometimes because the price is always rising.

So you need to be lucky also and sell it on the right moment.
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May 11, 2016, 08:15:08 PM
 #215

I hope most of the employers can give the employee option to be paid with bitcoin. So that we can use it more.

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May 12, 2016, 08:52:25 AM
 #216

I hope most of the employers can give the employee option to be paid with bitcoin. So that we can use it more.
I am hoping for that to happen as I am seeing it as an awesome way for our pay. In that sense you will now be tax also and your money will even grow if you don't withdraw it all.
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May 12, 2016, 08:53:13 AM
 #217

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)

Good good. BTC is a smart bet IMO.

Alts are just copies of BTC. No point holding them.
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May 12, 2016, 11:00:39 AM
 #218

Most of my crypto is in form of bitcoin but I also have Dash which I like because of many reasons. I also like to play around with small amounts tading alts because its fun
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May 12, 2016, 11:04:43 AM
 #219

I do the same. Im no trader my self
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May 12, 2016, 02:37:44 PM
 #220

Many people are going to use Bitcoin more indeed and that is because they see that Bitcoin have a better value and also they see that you can earn some money with it so that is nice.
But you never know of course what the value will be and that is the problem of the currency.

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