Thanks for all the responses. I have been buying more BTC around $550-$640... so I have well over $16K invested right now, but I'm only buying BTC. Not touching any more alt coins. I don't need to guess which one will explode and which one will sink since I always pick the wrong ones. I just really hope we see another BTC and LTC bubble, that's what I'm banking on. And hey... risking $20K in your late 20's for a chance to buy a house with BTC in the future? I'm okay with that.
As for you being a fucking idiot, I don't think so, there is always a risk with investing, it's just plain statistics, which means luck is still a prominent factor, and I'm sure that this made a better investor and gave you experience so that in it self is a value
Yes, I now stick with BTC only. And I've learned to avoid hype.. when a coin is getting a lot of hype it is a signal to either stay away or sell. I'm not touching shit like Darkcoin or Fluttercoin because I feel like the opportunity has passed and everyone is now talking about it on twitter. I rather buy something when no one is talking about it.
Which coin was it you invested in that went from 80 sat to 2? You must've falled into the dumbest trap ever, I don't even remember any coins dropping like that so fast.
You should spend more time in the altcoin section of this forum if you are gonna daytrade altcoins, so you know what's going on and when to sell or buy. Never buy coins that are too new, most are made my devs that only make them for a quick pump and dump.
Kittehcoin, I think it's at 1 sats now but I'm still gonna hold on to it because there is no point selling for that low. I bought at 80 and it went to 110 but I was greedy and expected it to go above 200 so I held even when it fell past 60... I should have had an exit plan but I feel into the hype. Even pricks like Max Kaiser was hyping the fuck out of this coin and I feel for his trap... he is a pump n dump scam artist.