Quote from: yslyv on November 05, 2017, 09:18:55 AM

Quote from: se150401317 on November 02, 2017, 10:15:42 AM

Bitcoin value is going high every minute, and its gonna keep going up too. So all the people who invested their bitcoin in alts for long term are doomed now.
I don't think they will be able to recover their investments.
Are you one of those people too? What are your thoughts?

Yeah i am one of those as well. But it is too late to exchange the altcoins to bitcoin. So i am going to hold them and wait for a bullish altcoin thread. If i sell them now i am sure i will loose more money.

I also have a large proportion in alts. I suppose my perspective is based on when I came into crypto in April this year. I bought a lot of ETH and saw it massively outperform bitcoin. In hindsight I should have switched it to BTC as soon as ETH started to peak, but decisions are easy in hindsight. I underestimated bitcoin because all that I'd seen was an ETH boom. Now that I have a few months' more experience following the markets I am not worried about short-term fluctuations.
The BTC rise will tail off at some point, possibly with the segwit2x fork when people will have got their new coin. Good alts will rise again. The thing to do is regularly adjust your holdings so that you have a percentage split that you are happy with. Always learn and gather experience, this is the best way to ensure you make sensible decisions rather than basing choices on panic and FOMO. My decisions now are still a long way from flawless, but they are better than they used to be.