Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
kodtycoon
on 08/06/2014, 16:56:39 UTC
I bought a lot of PPC. Everyone who feels hatred towards me, should dump all their PPC to hurt me.


Since you seem to be a troll, how could we rely upon anything that you say?  For example, you may be providing misinformation.

I had my say. Now it's your turn to do whatever you think is best.

Lol, ignore it is. And I already sold my PPC for BTC when PPC peaked.


At various points over the last 7 month, i have made various fairly small purchases of alt coins through BTC-e.  In total, I bought about 2.5 BTC worth of the 7 alt coins that are listed on BTC e.  I have just waited, and hoped that they would go up, and each one of them has performed much worse than BTC.  Currently, if I were to cash all of them out, I would probably get a little less than 1 BTC.

After witnessing this depreciation,  I was thinking that I would wait for the next boom in BTC prices and then see if the various alts will appreciate along with BTC or appreciate at a higher rate than BTC, at a certain point.  Then I would cash out as a whole at the time that the Alts appreciate higher than BTC.

Given the proliferation of a large number of other alts, I am beginning to have my doubts that the ones listed on BTC e are going to go through any kind of considerable appreciation phase.   Accordingly, fairly frequently, in recent days, I have been thinking that maybe, just maybe it would be better to just cut my losses on these various alts.   On the other hand, I could just HODL all of them, in the rare event that one of them may take off and become the silver to BTC's gold,,,,,, HM?  what a dilemma!!!




the alts traded on btc-e are going nowhere! did you do any research into the coins before purchasing? doing research on alts will usually lead you to the ones with potential! buying random ones in the hope they rise, IMO, is a huge mistake!

if you do research into the alts.. you will see that nem and nxt are going to be the big bois of the alt world.. nem is traded on nxt AE so you can kill 2 birds with one stone..

knowing what event or anticipated event causes a rise in value and knowing before the rise is what makes the most money..

do research into the above mentioned.. and you will IMO earn back the money you lost. find out why the coins have continually fallen in value aswell.. would a VC buy into a company he knows nothing about, just because everyone else is buying it? no, the VC will want to know more than everybody else.