Topic: Coming from altcoin to bitcoin - page 3. (Read 1131 times)
A good investment is indeed in Bitcoin and it doesn't hurt to invest in some of the top altcoins. Unless you are investing in new tokens / coins which certainly do not have considerable potential. More Bitcoin in your portfolio and add some altcoin.
now selling alts for bitcoin?"
you'll probably regret for selling the bottom..
the sentence dont buy top and dont sell the bottom - is just about situations like this
alts may go more down, but most of them look really interesting on the charts
yes bitcoin may run up now, but with alts you can double your bitcoin holdings or triple it
you'll probably regret for selling the bottom..
the sentence dont buy top and dont sell the bottom - is just about situations like this
alts may go more down, but most of them look really interesting on the charts
yes bitcoin may run up now, but with alts you can double your bitcoin holdings or triple it
Selling an altcoin that does not have a pitential and switching to Bitcoin is a very precise decision because now many new altcoins are not worth so many investors who feel at a disadvantage, and in this year Bitcoin and Altcoins are already Have a pitensi growing back and this is a good time to invest in it, because for the future we must be able to reap a big profit in order to redeem any losses in the previous year.
This is actually what most of the investors or the bounty hunters think and it is what dumps the price for the newly launched token/coin which hits the exchange. In my opinion, you can hold the tokens which has potential and also which has a strong product behind.Also holding utility token can be beneficial as the demand for utility tokens rises up much quickly once the project launches as the investors buys the utility tokens and it creates the demand no matter how many bounty hunters sell their tokens. If you see the volume increasing in a ascending manner for any of such utility token which you earned from the bounty campaigns than you can hold that token because there is a possibility to have high growth of that coin in the coming future.
I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
Obviously, no need to be a top altcoin, it is enough to have real product and team. But if they do not have these qualities and you think they will not succeed in the future, I support you in your decision. The weak altcoins you mention will weaken as time passes by, so you lose more every second you are late to sell. Buy and switch to BTC, IMO losing at BTC makes you feel better than losing at altcoins like them.
If you came from worst situations with altcoins, then proper diversions will take place. Reverting our mode of holdings can be done through bitcoin as an asset, and don't hold altcoins if you see no improvement in the long run.
We should make things as first priority, in case if there's a fear of bigger lost when holding non sustainable alts.
We should make things as first priority, in case if there's a fear of bigger lost when holding non sustainable alts.
my advice is now better to hold altcoin 50% and Bitcoin 50%, if you already get profit from altcoin buy Bitcoin, but not all of them, the potential for both is still very high to go up, good luck
You have nothing to worry buddy, you have the right choice and absolutely not regrettable.
Diversification is somewhat not new to everyone and besides, it happens most of the time especially when we see profitability with the other coin. We know how bitcoin is on the move nowadays and holding low performer altcoins is no help at all for them to stay. Better to sell it and convert it into Bitcoin because it for sure, you'll become more profitable at this time. You will lose on the other side but you also gain on the other side in returns (more than enough to consider).
Diversification is somewhat not new to everyone and besides, it happens most of the time especially when we see profitability with the other coin. We know how bitcoin is on the move nowadays and holding low performer altcoins is no help at all for them to stay. Better to sell it and convert it into Bitcoin because it for sure, you'll become more profitable at this time. You will lose on the other side but you also gain on the other side in returns (more than enough to consider).
I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
Well, it depends on what you're selling.
If you're selling worthless tokens that are bound to go to zero due to their inherently crap fundamentals, then kudos to you because getting into bitcoin is a smart decision to make given that bitcoin has very strong fundamentals and will continue to be a stable force in the crypto space.
If you're selling certain undervalued coins (XMR for example comes to mind) then it could potentially mean that you miss out in future pumps, but even then it wouldn't matter by much since BTC generally sets the pace of the crypto market. You'll still reap the benefits of a bull market for sure.
Bitcoin domination is very falza. Even if the bitcoin price goes up, altcoin prices are adversely affected. Why should people invest in altcoins? For altcoins, the bitcoin price needs to remain constant. In 2020, there could be such an improvement.
I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
There is no one that held on through the 2018 bear market that did not lose money doing so, investment of $10k turns $30, tokens of $1 turns $0.0002. Some of these tokens I can't sell them, count them as loss, if they come back pumping good but if not move on. I believe it this year is going to be BTC year ad even has its dominance hit close to 80%
Most people will take your way to get fresh money, by the way saving shit coins is not worth. We are bounty hunter and get income in currency is our goal. We can avoid scam project but this is down trend and sell all coin and saving into currency or bitcoin is wise step. Never forget that " hold " not always works and prepare for the worst is the best we can do.
Yeah its only timing and luck that will work well in case you have that to earned more. But instead of risking to that and waits for it to come better to exchange it to bitcoin and hold as there's much bigger chance to earned than waiting for shit coins to pumped.
I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
That's really a good idea because the most of altcoins are really so bad ans not profitable at all. It's kinda rare to find a good crypto currency beside Bitcoin that good enough, like the shitty coins are really a lot in the coin market cap. Altcoins are really good when we're talking about trading because it's really profitable if you buy a lot of em cheap and sell them in short term period when they're increasing.
Most people will take your way to get fresh money, by the way saving shit coins is not worth. We are bounty hunter and get income in currency is our goal. We can avoid scam project but this is down trend and sell all coin and saving into currency or bitcoin is wise step. Never forget that " hold " not always works and prepare for the worst is the best we can do.
If you are going to sell your altcoin for bitcoin, then you are on the correct decision. Why? Because we all know that halving even is happening very soon. So you better take the opportunity to have some bitcoin while the price of it is not that high. If you bought bitcoin on a cheaper price today, you will have a profit into it if you sell it after the halving.
Yes this time is the time for to wait halving and to be prepared for that so we need to buy as much bitcoin as possible and if someone do not have money and have all in cryptocurrencies then if they want they can put some of their coins in bitcoin to get the halving pleasure while after that if the see their coins rising in value then they can again put their money in that altcoins to not miss the chance of profit. 
Bitcoin still has the most active system. There are projects with a better network than Bitcoin. However, the Bitcoin price dominates the whole market. In this case, it does not make sense to invest in altcoins. Bitcoin is still the most popular project in this case.
If you are going to sell your altcoin for bitcoin, then you are on the correct decision. Why? Because we all know that halving even is happening very soon. So you better take the opportunity to have some bitcoin while the price of it is not that high. If you bought bitcoin on a cheaper price today, you will have a profit into it if you sell it after the halving.
You did the right choice because those coins who are not moving and not in the top coin list is a bunch of shit coins. Sooner or later they were all gonna be lost and i don't think you like that while you haven't made a single penny from it. Make sure to do invest more in bitcoin and less in altcoins.
Bitcoin and altcoins are stay in a crypto market so most are think, which one is best in the market. The market growing faster so both are good to invest, may be some peoples are like to invest Bitcoin. But Ethereum and BNB also best platform for current traffic so we must plan the step by step and invest our own manner. I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
You can holding with altcoin but looking first how much transaction volume of you coin holding, you can compare with other altcoin could raise more than 100% from price on the early when listing with exchange market, not all coin have the same progress because many altcoin have lower price after holding with long term, check about developer how to get their coin keep on higher price. 
I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
Well, you have just made the right choice and decision of selling them out. It will be just a stressful matter keeping and holding into Altcoins you know that are not worthy to spend time and effort holding for a long period of time. Once you have identified and proven that those are no good anymore, sell them and decide the best thing to do on how you can use the money you will get from it. Since you have mentioned that you have just sold out those Altcoins that do not belong to the top rank Altcoins, why have not you tried investing into those that are into the top? It will surely be worthy since the recent ones you have are not on the list, I think it will worth a try to still get into Altcoins but this time, you will be getting into the top rank Altcoins now. It is a good decision investing all of your money into Bitcoin since we all know that Bitcoin is a well-known cryptocurrency which is really worthy but having Altcoins aside from it will also be much worthy as long as you choose those that have the potential of growing.
You did the right choice because those coins who are not moving and not in the top coin list is a bunch of shit coins. Sooner or later they were all gonna be lost and i don't think you like that while you haven't made a single penny from it. Make sure to do invest more in bitcoin and less in altcoins.
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