sold my alts, all in BTC

[xDan]

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)

[1714708699]

1714708699

[1714708699]

1714708699

[torpedo]

focus on 4-5 alts that you think are worth it and stay with them. Having 10 alts to follow is a PITA. If you want to make money, keep it simple.

[medUSA]

The only alts I have is Litecoin and Namecoin, they aren't worth much these days. I do not have much, so I decided to keep them just in case they rocket (i wish)

[Wilhelm]

Most alt are shitcoins. Too bad you can't go short on them
I don't see Litecoin as an alt btw

Yes i'm ready for the launch!!  

[SOAD]

I think you're wise to sell your alts and put them into btc. alts will probably be worthless in the future.

Most alt are shitcoins. Too bad you can't go short on them
I don't see Litecoin as an alt btw

Yes i'm ready for the launch!!  

The only alt I have is LTC too. Got 10 and thought I'd keep them and see where they end up as an experiment.

[wachtwoord]

focus on 4-5 alts that you think are worth it and stay with them. Having 10 alts to follow is a PITA. If you want to make money, keep it simple.

4-5? I never had more than 2 alts at a time (I once owned LTC and Peercoin) and own 1 now (XMR). There are too few valuable altcoins to hold 4 or 5.

[xDan]

I had darkcoin, monero, doge, gridcoin, XC, anoncoin, PND, VIA.

Think I lost money on all except DRK, XMR, DOGE. VIA and XC weren't too bad.

(Made by far the most on DRK which offset significant losses on others. Well, I made the mistake of spending DRK profits on other alts and promptly lost them.)

At the end of the day I don't see any threatening Bitcoin as the "gold standard".

Maybe I'll regret dumping DRK and XMR, but hodling Bitcoin has never caused me problems so far...

[Wilhelm]

For alts look at http://coinmarketcap.com/ it will show you which coins have the best marketcap.
Also look at how long it has survived.

In my opinion everything under $10 million should be avoided. Above $100 million can be viable. Above 1$ billion is safe.
LTC has survived as long as Bitcoin and is a good investment in my opinion.
BTC is always your best bet.

[Cluster2k]

Good move.  Stick to bitcoin.  Sure, you might miss a hyper bubble in an altcoin but there are always far more losers than winners chasing that dream.  Ever heard of a well recognised business proudly declaring to the media they now take dogecoin or litecoin as payment?  Neither has anyone else.  It's bitcoin or it's nothing.

[Febo]

You should go all in, not sold. I am sorry for you.

[cypherdoc]

congratulations.  good move.

[KarmaShark]

You will be happy to made your bed with the alt scene once the next price rally starts. Good move my friend.

[ThatDGuy]

For the time being, this seems to be the wisest way to go.  I used to keep a small chunk in LTC but converted all but a few to BTC a few months back, thankfully.

[Chef Ramsay]

IMO, the alt coin scene is a den of vipers looking to prey on the wild eyed vulnerabilities of those looking to make a quick buck. Some continue to fall for the next coin and then the next after they've been burned thinking there's always a chance at a moonshot that never comes. They fall for the PR and videos that scammers put out and then they part w/ precious bitcoins for that chance to make more that typically ends w/ them losing. People, don't waste your time on anything besides bitcoin, you'll regret it. There's only room for one sheriff in this town.

[antibitcoinconsortium]

its quite stupid to go in bitcoin right now as we prepare for another big crash
order books are moving, pressure is building to drop to 400 quickly

[hayabusa911]

its quite stupid to go in bitcoin right now as we prepare for another big crash
order books are moving, pressure is building to drop to 400 quickly

The only stupid thing to do right now is to not put your disposable income into BTC.

[solsticez]

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)

I have only one alt at the moment because I think it's the best investment of 2015.

[minerpumpkin]

(of course I had never more than ~5% in alts)

Ha, then you didn't lose that much of your total portfolio Smart move. We might have been in for a 3000% Litecoin increase after all, who knows But I think it really is most wise to just keep your crypto-speculation in the Bitcoin world!

[wachtwoord]

its quite stupid to go in bitcoin right now as we prepare for another big crash
order books are moving, pressure is building to drop to 400 quickly

The only stupid thing to do right now is to not put your disposable income into BTC.

Exactly. Even if there is a crash to 400 (which is hardly a certainty) then this will be negligible compared with the exponential rise afterwards.

[minerpumpkin]

its quite stupid to go in bitcoin right now as we prepare for another big crash
order books are moving, pressure is building to drop to 400 quickly

The only stupid thing to do right now is to not put your disposable income into BTC.

Exactly. Even if there is a crash to 400 (which is hardly a certainty) then this will be negligible compared with the exponential rise afterwards.

I gotta say, I'm not entirely sure where we're going now. We may go up dramatically, at least back to $1000 or $1500... But if people decide that Bitcoin just isn't their thing, we will go further down, and maybe even to painful levels! In that case it may be the best thing to hedge and wait until we get back to $700 and are in a definite bull-market