Quote from: tutkarz on October 26, 2017, 06:34:12 PM

Quote from: deztroyr1 on October 26, 2017, 06:28:18 PM

Quote from: yonton on October 26, 2017, 06:09:38 PM

I knew I should have sold my alts many times but I didn't. Too chicken shit to move my altcoins on to exchanges.

they're going down now but that doesn't mean that they won't go back up again. you'll get more chances

problem is you dont know which one will go up since people are investing all the time in new copies of old coins because they are cheap.

The last Alt bullrun raised pretty much every boat, so if there's going to be another one, this may happen again.

But to be honest, I think Alts as a whole have still a looooong way down to go, before it is time for recovery mode. We may talk about years, actually.

So, if you are a long term investor, I'd just keep my feet still. Maybe hedge a small percentage in solid top ten marketcap Alts, put them away and forget about them.

I know this itching, this "I need to get my coins rolling, they can't just lay there!" thing. To ease this pressure, I daytrade with very small positions. Then some long term bag recovers the losses I acumulated Wink