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Would you recommend investing in another coin with btc?

Discussion in 'CryptoCurrency' started by Testogainz, Dec 12, 2018.

  1. Testogainz

    Testogainz Junior Member

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    Hey guys,

    i bought bitcoin for 1k when it was down to 6k early this year. Now its at 3.4k.
    Would you recommend taking what i have and buying another coin? Or wait if it recovers and then buy another coin?
     
  2. nonai

    nonai Power Member

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    Nope
     
  3. Testogainz

    Testogainz Junior Member

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    awesome reply
     
  4. AceWallGromit

    AceWallGromit Power Member

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    Wait until it recovers then sell it, if by some Festivus Miracle you can break-even you should consider yourself lucky.
     
  5. AMPServices

    AMPServices Jr. VIP Jr. VIP

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    Usually when btc goes down the value of most of the time other coins follows, because they majority of the exchange pairs are with btc. It is unlikely to profit with altcoins in these cases. It's not impossible if you wisely invest and you are sure about it.
     
  6. SMSCodes

    SMSCodes Jr. VIP Jr. VIP

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    You could sell part of your BC and invest in other Altcoins and see how they perform
     
  7. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP

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    You're at 300% gain, that's awesome.

    Wait a little longer. If you don't make a ton of $ at least you'll get to see John McAfee eat his own dick.
     
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  8. Daniel Ocean

    Daniel Ocean Newbie

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    Never exchange in another currency, all alternatives cryptocurrency prices gravitate on bitcoin price. In this moment the price is even lower than 3.4k as you mentioned so you already lost. Fact that bitcoin was once 20k+ means there are chances to be again at that price or maybe 5 times more like some experts claims. No matter how low the price goes keep them untill you get a profit if the price goes up. The same thing happened when the price exploded 2 years ago... the price was getting lower and lower and lower day by day people got scared they start to sell all they have and then the real criminals got rich overnight with the bubble.
     
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    Last edited: Dec 16, 2018
  9. Mike Parker

    Mike Parker Newbie

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    TL;DR
    I'm a dash loving whore, so I'd buy DASH.

    WHY
    - They're US based. Grassroots marketing in Arizona which is relatively open market oriented as well as incredible marketing team online who knows what they're doing.
    - Development team has accolades and knows what they're doing (building a platform that even your grandma will be able to one day utilize) that alone (which they've been working on for 2 years or more) puts them ahead of the pack
    - Price drop significantly like all the others
    - It's fast, has self voting for upgrades (beating the consensus problem most cryptocurrencies have to keep up with the times)

    EDIT: Don't invest anything you're stable enough to lose even more so than BTC
     
    Last edited: Dec 16, 2018
  10. Meddie

    Meddie Jr. VIP Jr. VIP

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    That`s not true at all; everybody knows when bitcoin goes up/down all the other significant coins will bounce in the same way.