What's the point in buying altcoins? I've researched endlessly, tried swing trades taking everything into account...

What's the point in buying altcoins? I've researched endlessly, tried swing trades taking everything into account, tried hodling "solid, long term coins" but it's always been a downtrend in every alt I've tried, even before the btc bull runs. I've made great gains in fiat, but when I look at how much I could've had just by holding it all in btc it just pisses me off.

...

What you should do is always be all in in BTC.
When you see a VERY solid alt at a VERY low price and that hasn't already mooned (very important) and that's it being hyped (link at 15 cents, metaverse a 1.20$, walton at 2$, etc), you drop 10 to 20% of your btc in it. Never hold for too long and don't be greedy.
Good luck user

Over 40 Norman checking in. My 'boomer style' alt coin experience:

Ive done OK with LINK for 2 x trades now. Bought at .40 USD (I have no idea what the fuck a SAT is) sold at .48 USD. Quick trade. Did this two times so far, in under 2 weeks.

Just bought in again today at .40 USD and will bail at .48 again (assuming it makes it back up there)

I know this probably isn't want a 20 year old wants to here but boomer style investing in LINK has worked well for me twice

I've done this mistake with my £200 a month ago.
Although I did have the same bright thought OP had, now I know better.
That fucking autist that keeps spamming , dare I say, is right I think.
All in on BTC or else.
Honestly though, it's been a fucking miss every single time so far, if only I went all in on BTC, I would have easily doubled my petty investment.

that is because altcoins are driven by hype

if no one is shilling it, nobody will buy

My chart looks exactly like yours OP. It's fucking depressing. I was double my initial investment a few weeks ago, now I'm -10% of it. Fucking sick of it. Should have just sold it all the minute btc started pumping.

>I've made great gains in fiat
wut?

How ya doin Rogue

We don't know if BTC is invincible, but this year when it falls it tends to crush alts also, i dont know what the fuck is happening anymore

Its hard to figure out what kind of hype will work. Sometimes a coin could be putting out an update/partnership etc that would generate hype for one coin but not for another.

OP wizard autist somehow made reverse inflation gains

you are me

Like Kore coin. It had really cool news today but nothing happened.

I don't hold any BTC. I know it's retarded but it feels like a trap waiting to happen, like the world's largest pump and dump.

becuase btc went up aginst fiat 500% he made fiat, but he lost btc so he lost against btc

Fpbp

It's a game of musical chairs.
Nobody is making much money in an Altcoin downmarket.

The minute, the second BTC stops mooning so hard and becomes just stable or even shows weakness, the money will flow back to Altcoin.
Earlier this year BTC oftentimes was perceived as grandpa coin. Today, it's the hip shit again. Perceptions change. I think we might soon reach another inflection point.

Also there is a reason Bugatti has BTC logo by default and not that of some shitty Altcoin.

Deluded Arkie here.

>What's the point in buying altcoins?

Much higher ROI than BTC, but if you're just a hype chaser then stick with BTC.

Is vertcoin a good short term currency?