Coins I bought during the cryptocurrency crash!

in vincentb •  last year 

I put some new money into the cryptocurrency market! I believe in cryptocurrency and it's mission so I knew it would go up again. I bought some LTC when it was low, $104, I Got ADA $0.39, XML $0.39, Pivx $4.39, Ethos $3.89, IOS token $0.04, Verge $0.04, Quantstamp $0.27, Basic Attention $0.40, Steem $4.19, Wabi $1.60, more Tron $0.04 Ripple $0.69
Green is back, I'm not sure for how long but is back!!! My portfolio did go down but I was ok with it because I knew it was coming back. I was really excited to be able to buy more at a great prices.

What coins did you buy? Did you hold or sell? is the correction over or will we see another dip?

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I think the 10k barrier needs to be broken before we celebrate green days being back

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I agree, we are not done with corrections!

None. Because due to recent investments, I was badly prepared for this event. Thumb up for your buys as it is looking like something I would also go for. As a ADA-Holder, I just can say that the recent price was so painful to watch, that it must be a pleasure for you to buy it for that price. I am pretty sure, you did a good decision there! :)

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thank you. believe me it was painful to watch my portfolio go down but I was confident that it would recover. I feel bad for people that got stuck in bad coins like Paccoin or doge coin. I think when you are invested in good coins you just have to wait.

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Paccoin isn't a bad coin. I bought and sold paccoin several times after the pump n dump. Not only did I make money on it... but I also have 1 Million of them which I moved to a wallet to stake for when they do their 1000:1 coin burn. If you have some... be thankful... that coin isn't over yet.
I wrote an article on it here.
https://steemit.com/altcoins/@uplandmines/paccoin-the-rebirth-of-an-altcoin-with-potential-or-a-scam-coin
This was actually my first article I wrote.

You have some decent buys... I bought ADA, SBD and QSP, not as low as you did but I got some. I really debated some more LTC but I'm really liking Cardano and think I will sell all my LTC when it hits $300 for ADA.

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  ·  last year (edited)

Thank you for your reply. my husband bought paccoin and for some reason cryptopia froze the buy and sell of paccoin. for several days he could not sell them and when he finally sold it was for a loss. I'm going to read your article. I could not find a team or even a purpose for paccoin on their website so I want to learn what you know about it. thank you.

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yes Cryptopia stops the LTC and DOGE trades. Paccoin was still trading on the BTC for 1 satoshi. I was buying at 1 satoshi and selling at 2. Got stuck with 1 Million of them. But then found out it might be a good thing.

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I would say if you truly believe in a coin double down if you can. If you bought 1,000 of a coin at $10 and it drops to $2 then buy another 1,000 well for an extra 20% investment your cost average just went down to $6. You'll be back in the money a lot sooner and your upside potential longterm doubles. Of course, if you don't have the money to risk you don't have the money.

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thank you, new here that information really helped!!

You did well. I kept HODLing :-)