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bitcoinbot (OP)
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October 21, 2014, 10:47:01 PM |
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I bought into all these last year and seem to have made huge losses on them. Should I just say Fcuk it and convert them all to btc?
I also have some ripple.
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inBitweTrust
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October 22, 2014, 12:19:30 AM |
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Yes, especially before the next BTC halving in 2015. Doing this should recover your losses and turn a profit.
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Come-In-Behind
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October 22, 2014, 12:33:58 AM |
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Quarkcoin, Asiacoin, and Litecoin, probably aren't ever going to go up big again.
Peercoin should be your best bet.
For the record: Asiacoin wasn't launched last year, it was this year(2014), and it turned out to have a hidden premine.
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franky1
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October 22, 2014, 12:44:19 AM |
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dump quark and asia..
litecoin bitcoin are still the top 2 coins.
altcoins are normally used for quick pump and dumps. much like 'penny share' trading
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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knight22
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October 22, 2014, 12:54:53 AM |
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99% of altcoins are dangerous bet IMO.
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Come-In-Behind
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October 22, 2014, 01:16:54 AM |
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99% of altcoins are dangerous bet IMO.
And Bitcoin isn't? Honestly, altcoins and bitcoin itself are all dangerous bets. Bitcoin's price from May/June fell by half(from around $600 to around $300 now). But that's the beauty in altcoins, you can make much more $ than you ever could with Bitcoin, and if the altcoin has a reputable team/developers behind it, I'd say it's in close proximity with Bitcoin for "Hodling". |
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BittBurger
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October 22, 2014, 01:18:04 AM |
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I bought into all these last year and seem to have made huge losses on them. Should I just say Fcuk it and convert them all to btc?
I also have some ripple.
Yes to the first question. And Litecoin has absolutely no growth whatsoever in the real world, where it really matters. Keep the Ripple. Its the only other "crypto" that's building any real-world infrastructure. They've got a few banks signed on already. BTC and XRP are my only two investments now. -B- |
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Q7
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October 22, 2014, 01:23:33 AM |
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Well i made a wrong decision buying some the altcoins that you mentioned and ended losing. I have since sold off and for the the moment a huge chunk is in btc and only a tiny fraction left in ripple. I still see a potential in xrp though. If i ever want to buy altcoin it has to be written totally ground up from scratch not some rip off of btc codes
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knight22
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October 22, 2014, 01:30:24 AM |
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I bought into all these last year and seem to have made huge losses on them. Should I just say Fcuk it and convert them all to btc?
I also have some ripple.
Yes to the first question. And Litecoin has absolutely no growth whatsoever in the real world, where it really matters. Keep the Ripple. Its the only other "crypto" that's building any real-world infrastructure. They've got a few banks signed on already. BTC and XRP are my only two investments now. -B- Ripple is soo trustable...  |
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inBitweTrust
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October 22, 2014, 02:02:37 AM |
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Ripple is soo trustable...
Good point, but to be fair to all these altcoins, Market cap isn't a true representation of what any of these cryptocurrencies will fetch on the open market. An 8 million dollar sell order was able to drop bitcoins price 100 dollars. What makes Nxt, BTSX, and Ripple even more questionable is because they are all POS/DPOS premined that are very illiquid and the price is sustained because of a lot of non-liquid coins are being multiplied by a small amount of liquidity. With these currencies you can crash the value on an exchange with less than 100BTC! |
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btckold24
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★Bitvest.io★ Play Plinko or Invest!
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October 22, 2014, 12:08:32 PM |
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I wouldn't dump ltc but I would dump the rest - LTC has a decent shot to double over time and is much more likely to double before btc does, only cause it won't take hundreds to double.
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huoiuu
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★Bitin.io★ - Instant Exchange
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October 22, 2014, 01:10:51 PM |
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sell all the other coins and then buy the Bitcoin.
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drugs
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October 22, 2014, 01:29:07 PM |
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I'd get rid of alts and put them into btc but that's just me. Yes, especially before the next BTC halving in 2015. Doing this should recover your losses and turn a profit.
Isn't the next halving in 2016? Anyone know the exact timeframe? |
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Grogorash
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October 22, 2014, 02:14:38 PM |
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keep your litecoin and fuck the others moneys, they have not a good value
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novacn
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October 22, 2014, 02:23:06 PM |
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Litecoin, and Peercoin might still have a future.
Others a worthless as time goes by. You should definately convert them to btc!
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drugs
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October 22, 2014, 02:39:05 PM |
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Litecoin, and Peercoin might still have a future.
Others a worthless as time goes by. You should definately convert them to btc!
keep your litecoin and fuck the others moneys, they have not a good value
I can't really see a future for Litecoin unless it gets merchants behind it. People only really bought into it because it was seemingly the next best thing to bitcoin and looked like the best potential to make a bit of money, but obviously this wasnt the case. |
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MF Doom
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October 22, 2014, 02:45:31 PM |
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might want to wait until the next mini spike if you can handle waiting, litecoin could shoot up to $5-6, probably not any more. Then I would say drop them all, their futures do not look good!
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