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RE: Bitcoin - That moment when you realise you've been watching the hourly chart.....for 2 hours
I'm mostly in alts and have been for a while now. To be honest, it turned out to be a mistake: I should have stayed in Bitcoin longer. However I do feel it is a good thing to be in alts right now. Bitcoin can go up 10-20-30% but alts are going 100-200-300% right now. It's just a matter of picking the right alts and waiting your turn, it looks like.
I just hope my stash will increase enough so that I make back what I lost in BTC value. Dollar-wise, I never had as much as I have now.. so I shouldn't complain really. It hurts to think how much I would have had otherwise though!
I'm with you on that one for sure. It's awful to know you could be buying x3 the alts you bought with the same BTC a few month ago, but as we can't predict the future, I'm content that I made good investments ahead of them increasing exponentially as you say.
The dollar value of my portfolio has increased a great deal over the last few months. Only the BTC value has gone down. If BTC were to crash tomorrow and not take alts with it (I think only a few fad coins would go), we'd be sitting pretty on our strong and advanced future technologies....I hope! :)
Haha, it would be nice if Bitcoin wouldn't take alts with it, but I wouldn't count on it!
I do think other coins are the future more than Bitcoin is though. Even though it pains me that I have too little Bitcoin, it also pains me to get rid of some of my alts because I know some of them will be amazing!
That's why I will never sell 100% of my stacks and always keep 10-20% of those coins 'just in case'.
I'm gutted to see the overall BTC value of my stack being demolished, but I'm actually quite happy that I'm holding a relatively small amount of BTC. I do want it to gain and will be glad to see my holding increase in value, but I think the investments in diversified products that I've researched well and believe in will come good in the end. Providing Bitcoin doesn't drag the whole ship down with it! :)