Its crazy when a coin you are watching goes on such a run. $10 would be crazy. I'm definitely intrigued
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Its crazy when a coin you are watching goes on such a run. $10 would be crazy. I'm definitely intrigued
I know! It's totally a thrill! And it's why I'm into altcoins to begin with... for that 5x or 10x gain! The goal is to get as much Bitcoin as possible and try to grow faster than Bitcoin. Which has been hard.... even with IOTA going crazy I am still at the level of BTC worth as I was back in june..
i was thinking also that alt coins are the way to go! so me and my brother both went in September, he bought only bitcoin and i bought only alt and no bitcoin - he is up 200% and I'm up 60% haha i guess I'm doing it wrong :)
No, no, september was a great time to buy alts and it still is. They are all going to explode and some are already exploding like IOTA. If you picked the right ones, anyway.
One suggestion I have: HODL but don't HODL too long. Too often have my alts gone up 20% and I thought it was going to go higher for it only to go back down. When in doubt, sell 50% and hodl the other 50%. If it goes up, fine you're still in the race and also have your profits. If it doesn't go up, great, you have the profits and can buy back more.
Always ask yourself: What is the end goal? More dollars? Or more Bitcoin? If it's Bitcoin, don't stay in alts too long or you might miss the bitcoin train. Use them for quick increases
thanks!
hmm interesting. I never thought of it like that. Good advice.