Post
Topic
Board Speculation (Altcoins)
Re: It’s taking a lot of discipline not to sell my alts for Bitcoin.
by
arpon11
on 25/07/2019, 06:38:24 UTC
I’m 80% bitcoin, 20% alts. Most of those 20% alts were bought with bitcoin when I “thought” the Satoshi level was low. Little did I know it would go A LOT lower. That 20% is Litecoin, Ethereum, Cardano and Ripple.

Since I’ve seen their Satoshi prices cut in half...every day I think I should cut my losses.

But then I look at the charts and, especially Cardano, I’m not sure how much lower it can go. Then again...who knows. It could go much further down from here.
I don’t think it is only you that is having that impulse not to sell your altcoins for bitcoin because some of the Altoonas are not doing well now. However, some bitcoin holders are also under extremely pressure to sell for usd or fiat as the market go below $10,000. One of the greatest tools I have see in this market is patience and be disciplined enough not to sell at loses. I have made up my mind to sell whenever my holding are in profits and never to sell when there are in loses.