Like others I wished I stayed with bitcoin from the start. The picks for a rising altcoin is not as easy as it looks because once you miss the 100% or 200% gains it takes a while for the coin to rise. Also you hope it doesn't fall once in. Like XEM was less than $0.25 just a couple of weeks ago and now almost double.
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It is hard choosing the next winner for sure.. I think this early in the game the strategy really needs to be pick a bunch, diversify... hang on when it is your turn to pump and then add on the dips in between pumps.. but im just some guy on the internet so... yea hahaha
Point well taken. Should just go with some rather than a few as overall market cap of crypto currency has risen. Most top 100 have gains since I started. The buy in to them are high so ROI is not nearly what early holders are earning. Hold the coins for a long time without looking at the prices which is hard to do, but beneficial for the long term
Good points all round guys! I think everyone is gutted to look back with hindsight, but I'm fairly sure this theme will continue to repeat throughout the history of markets and investments. Luckily we're in early on much of the action, so hopefully we chose the right products and will be in for the big gains to come!
You can't hold alt-coins long term. Not really, there's not enough depth in the markets yet. They are good for day trading though! Like stocks, if you're a long term investor, you want to stay with the blue chips. I'd say that's more true than ever here in the crypto world.
I think, though, that you might like ter.