Post
Topic
Board Altcoin Discussion
Re: DONT MARRY YOUR ALTCOIN BAGS
by
Pamadar
on 26/06/2020, 02:04:09 UTC
altcoins are great for flipping for more btc but dont every marry a coin. When btc goes on a run past all time highs you dont want to be bagholding ALTS. You will watch them get crushed. I personally was bagholding alts from 4k-20K and they got demolished I even had friends saying man you must be doing well with those bitcoins you have Cheesy In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be
It has been a long since i have read thread like this because mostly People still believe that Holding altcoin will bring them profit.

But the sad reality?it is not instead they will only lose unless willing to Hold coins long time until it climbs up.

Not Like Bitcoin that can be trusted and actually has been trusted to be profitable the long you can handle the wait.



Some traders lucky to find which altcoin will be Mooning but this is very rare and cannot be happen in daily basis.