Post
Topic
Board Altcoin Discussion
Re: Is HODLing "Safe" To Do While The Market Continues To Get Battered?
by
Tory-Tory
on 19/09/2018, 13:17:31 UTC
Unless you've been living under a rock, then you know that ETH, BTC, & all ALT's have been getting destroyed lately by unfavorable market conditions. I remember last year investors were telling me how BTC would never hit 10K. I bought into BTC around $2,000 and thought I was OVERPAYING! Later in the year I watched BTC hit $20,000! Now it seems as if investors are way more cautious with their investments. Last year you could put your money into dumpster coin and it was almost guaranteed to rise in price. This year, things have changed. BTC and other ALT's aren't short term money machines anymore.

Right now I have money invested in:

Crypto
- Bitcoin
- Ethereum
- NEO

ICO's
- CoinMetro
- Curazion

Precious Metals
- Rhodium
- Gold
- Silver

These are my investment choices for right now. What do you guys think of the crypto market? I just dumped AMD & Qcomm the other day for some pretty big gains in the stock market. The only thing I'm holding right now are crypto's and precious metals.

Why bitcoin and altcoins are not short-term investments? Look at how dozens of altcoyins can do + 100% in 3-4 days. Is it not enough? I would on the contrary say that now in a falling market does not work hodl.