Advice on current alt coins ...

dunclock

Registered User
Forum Member
Dec 22, 2001
11,899
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64
Nashville, TN
hold on to ALL of these or trade more Bitcoin? It seems Bitcoin is going to keep growing in value and best to accumulate as much can afford. I do not know near enough about the alts to trade like Woody (sure wish I did) so I think best for me is the solids like BTC, ETH and LTC?

I also only have Poloniex and do not understand all the different buy/trade sites like you guys list

My current list of alt coins
DGB
ETC
LBC
LSK
SC
STRAT
SYS
VIA

appreciate all the input/feedback ... I got thick skin so good or bad is welcome :0008
 

Woodson

L I V I N
Forum Member
Oct 23, 1999
15,507
79
48
Blockchain
hold on to ALL of these or trade more Bitcoin? It seems Bitcoin is going to keep growing in value and best to accumulate as much can afford. I do not know near enough about the alts to trade like Woody (sure wish I did) so I think best for me is the solids like BTC, ETH and LTC?

I also only have Poloniex and do not understand all the different buy/trade sites like you guys list

My current list of alt coins
DGB
ETC
LBC
LSK
SC
STRAT
SYS
VIA

appreciate all the input/feedback ... I got thick skin so good or bad is welcome :0008


Think in terms of market cap. That is the single most import thing in crypto trading.

Bitcoins market cap is currently
[FONT=&quot]$65,021,908,077. That means for it to double with the current number of coins available it has to grow by that much.

[/FONT]
Now look at STRAT - [FONT=&quot]$663,878,299
[/FONT]
Look at SYS - [FONT=&quot]$60,945,020
[/FONT]
Look at VIA - [FONT=&quot]$25,679,880
LBC - [/FONT]
[FONT=&quot]$33,648,351 [/FONT][FONT=&quot]

[/FONT]
TO double on these newer alts coins take a very easy market sentiment to BUY. This happens on news or right before. You're in a good place and I wouldn't sell for Bitcoin.

The whole game of ALTS and the reason for it from years back is a play on who CAN COLLECT THE MOST BITCOIN.

Hold and set sell orders that are profitable. Check each often to see where they are.

You're going to rake in profits greater than bitcoin however panic and impatience will be a downfall in trading. Sit tight, and when it explodes, it will do so very quickly. Always sell for profits.
 

dunclock

Registered User
Forum Member
Dec 22, 2001
11,899
125
63
64
Nashville, TN
Think in terms of market cap. That is the single most import thing in crypto trading.

Bitcoins market cap is currently
[FONT=&quot]$65,021,908,077. That means for it to double with the current number of coins available it has to grow by that much.

[/FONT]
Now look at STRAT - [FONT=&quot]$663,878,299
[/FONT]
Look at SYS - [FONT=&quot]$60,945,020
[/FONT]
Look at VIA - [FONT=&quot]$25,679,880
LBC - [/FONT]
[FONT=&quot]$33,648,351 [/FONT][FONT=&quot]

[/FONT]
TO double on these newer alts coins take a very easy market sentiment to BUY. This happens on news or right before. You're in a good place and I wouldn't sell for Bitcoin.

The whole game of ALTS and the reason for it from years back is a play on who CAN COLLECT THE MOST BITCOIN.

Hold and set sell orders that are profitable. Check each often to see where they are.

You're going to rake in profits greater than bitcoin however panic and impatience will be a downfall in trading. Sit tight, and when it explodes, it will do so very quickly. Always sell for profits.

:0008

:0003 :0corn

:lol:
 

BobbyBlueChip

Trustee
Forum Member
Dec 27, 2000
20,708
288
83
53
Belly of the Beast
Think in terms of market cap. That is the single most import thing in crypto trading.

Bitcoins market cap is currently
[FONT=&quot]$65,021,908,077. That means for it to double with the current number of coins available it has to grow by that much.

[/FONT]
Now look at STRAT - [FONT=&quot]$663,878,299
[/FONT]
Look at SYS - [FONT=&quot]$60,945,020
[/FONT]
Look at VIA - [FONT=&quot]$25,679,880
LBC - [/FONT]
[FONT=&quot]$33,648,351 [/FONT][FONT=&quot]

[/FONT]
TO double on these newer alts coins take a very easy market sentiment to BUY. This happens on news or right before. You're in a good place and I wouldn't sell for Bitcoin.

The whole game of ALTS and the reason for it from years back is a play on who CAN COLLECT THE MOST BITCOIN.

Hold and set sell orders that are profitable. Check each often to see where they are.

You're going to rake in profits greater than bitcoin however panic and impatience will be a downfall in trading. Sit tight, and when it explodes, it will do so very quickly. Always sell for profits.

Good stuff Woody
 
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