Quote from: drlukacs on December 07, 2019, 02:04:55 PM

Quote from: 787875 on October 14, 2019, 04:23:16 PM

I have some altcoins from early 2017 and some BTC and ETH too. I am thinking about investing some more but don't really know what i should be looking into.

Below is my list of coins.

BTC, ETH, NEO, ADA, LSK, LTC, Stratis, Waves, ARK, SHIFT, Pivx, VTC, GRS, Powr, Tenx

When i bought in early 2017, Statis, Waves, Ark and ADA was popular, how are these coins today?

I am not interested in low market/very new coins.

Thanks!

I recommend not investing in these alts now. The market is never as pink as we think. The market is always changing every year and such alts would not exist since now the capital is focusing heavily on Bitcoin. Currently Bitcoin Dominance is up to 66.9% and this is still a very high number, it has not decreased so we can buy alts at good prices. you should wait when the investor changes his mind and will sell bitcoins to reinvest in the alts. At that time, buying new alts will bring us benefits.

This view seems to be correct, many are always thinking of buying a coin when it is cheap, but what it actually means to be cheap? You can buy ETH for 150 dollars and that may seem cheap compared to its all time high, but what if the market of cryptocurrencies keeps crashing and then you can buy ETH for 75 dollars, do you still think that you bought at a cheap price? It is better to let the market do its thing and only buy a coin when the recovery is very clear.