All The Alt-Coins I'm Holding Are Doing Poorly
As BitCoin continues to rise crazily, all the alt-coins (at least the ones I've been holding on to, quite patiently) have been falling continuously. I wanted to ask people around here, ones in the same boat as me (or just the 'experts'), should I keep holding on, or should I sell them and go all in with BitCoin? So far I've invested about $23k and have incurred massive losses, I'm down to $8k in value right now; coins I'm holding are:
- Monaco
- Metal
- OmiseGo
- Neo
- DigiByte
- SingularDTV
- ZCash
Does anyone see potential in Metal and Monaco? As those are two I'm holding most coins of, and they keep dropping in value :\ Also does anyone see BitCoin dropping in value, ever? I would really like some suggestions and insight, thanks in advance!
So far so good... in Ether, Eos and some BCH aside from my BTC that I'm HODLing but you likely made a nice chunk during the NEO and ZCash run. OMG also did ok at some time last week. Is there a reason why you chose these coins? I am not familiar with most of them. Are they Utility coins? Altcoins based on a blockchain solution to a problem? That is what I am looking for these days. One thing I do envy of your portfolio is your obvious ability to use your MEW wallet. I have yet to figure it out. Are you looking at the Relative Strength Index - RSI, STOCH RSI and RSI? Those are what I am currently researching. Oh and everything TA. What a fascinating world we live in. BTW, is Monaco the same as monacoin? Do you look at altcoinforecast.com? Some say that they are not always accurate but I like getting a general idea of what is going on and other sites of course. I just don't understand all the lingo yet.