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Topic: Converted all altcoin back to BTC - page 5. (Read 988 times)

hero member
Activity: 756
Merit: 500
April 06, 2019, 10:53:21 AM
#88
Why did you converted it?, they can increase if bitcoin is increasing, most of altcoins can be more profitable than bitcoin if the market go pump. If that is your strategy to make money then good luck.
I think maybe they are in need of money and seeing the price of bitcoin experiencing an increase in prices makes them try to withdraw profits and use the proceeds obtained to increase trading capital.
full member
Activity: 1498
Merit: 146
April 06, 2019, 10:48:13 AM
#87
Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.
Little bit late,but still you did the right thing when yiu are going to hold your coins for longer term.
legendary
Activity: 2716
Merit: 1017
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April 06, 2019, 10:46:32 AM
#86
We don't know what Bitcoin will happen on the next day, indeed today the price is pretty good, but we don't know the next day. Bitcoin has a fairly volatile price which can change in a short time but the altcoin does not. Bitcoin rising altcoin will also follow it, so I don't think we need to convert everything to Bitcoin because later we will also get profits on altcoin.
member
Activity: 602
Merit: 12
April 06, 2019, 10:41:04 AM
#85
convert all your alt to bitcoin isn't bad decision , but i prefer to do trading on alt with pair bitcoin.
so i can gain and get more bitcoin when its done
member
Activity: 684
Merit: 10
April 06, 2019, 10:37:19 AM
#84
Why did you converted it?, they can increase if bitcoin is increasing, most of altcoins can be more profitable than bitcoin if the market go pump. If that is your strategy to make money then good luck.

Everyone has their own way, the person decided to go a more reliable way, I think we have no right to dissuade him, although I agree with you, in General, in the crypto-market you need to be flexible.
legendary
Activity: 2240
Merit: 1069
April 06, 2019, 10:29:52 AM
#83
I think it is a lesser risk to convert altcoin to bitcoin now because of the current trend of the price of bitcoin. If the current trend continues its trajectory, then you can come out with a more profit than waiting for your altcoin to gain price. I think you made the right decision OP.
jr. member
Activity: 462
Merit: 1
April 06, 2019, 10:26:38 AM
#82
I will not do that, instead I will buy altcoins with my bitcoin, if everyone converted altcoins to bitcoin it will make the market red because eventually people will convert to fiat.

Oh yes, I understand your basic thought. It's simple. Develop the market. Invest in the long term in a place with altcoins. I like your strategy. Well, I think we need a few more central projects around which the money will spin. It is necessary to reduce the pressure of Bitcoin on the entire market.
full member
Activity: 1358
Merit: 100
April 06, 2019, 10:25:47 AM
#81
Why did you converted it?, they can increase if bitcoin is increasing, most of altcoins can be more profitable than bitcoin if the market go pump. If that is your strategy to make money then good luck.
full member
Activity: 548
Merit: 100
April 06, 2019, 10:19:47 AM
#80
Is it the right time to save all assets in Bitcoin, why should it be?
If Bitcoin increases then the prices of other altcoins also increase, I think it's better to invest in a stable altcoin
sr. member
Activity: 1190
Merit: 250
April 06, 2019, 10:09:47 AM
#79
I will not do that, instead I will buy altcoins with my bitcoin, if everyone converted altcoins to bitcoin it will make the market red because eventually people will convert to fiat.
sr. member
Activity: 924
Merit: 260
April 06, 2019, 10:02:38 AM
#78
Such an opinion is now present among many crypto-enthusiasts. Many already do not believe in Altcoins in poporosts and simply convert them into Bitcoins, as I believe that he has more stability and development prospects.
Bitcoin is a bit more stable than other altcoins and I strongly believe that we should not also ignore what can happen with other coins.  Investing into cryptocurrencies market is a risky things and stability in price should give advantage to bitcoin but we have many coins that are going to be profitable than bitcoin in future and investments into those coins is a welcome development.
copper member
Activity: 966
Merit: 5
April 06, 2019, 09:56:08 AM
#77
You are the only one who knows the true reason why you converted and pray its the right one. But yet, some altcoins are worth holding like ETH while some aren't. Maybe next time hold more BTC and some altcoins, you never can tell.
hero member
Activity: 1358
Merit: 509
April 05, 2019, 05:41:08 PM
#76
Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.

Your inner voice:
"Get back to altcoins, they will make you rich faster... Bitcoin is less volatile, you deserve more profit... Take the risks, be a man, buy altcoins until it's too late!"  Smiley
It is a good idea to have some changes. For example, in the last increase, if BTC had been replaced by BCH or dogecoin, it would have earned much more. So, the right choice bring more.
hero member
Activity: 1148
Merit: 523
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April 05, 2019, 03:17:59 PM
#75
Such an opinion is now present among many crypto-enthusiasts. Many already do not believe in Altcoins in poporosts and simply convert them into Bitcoins, as I believe that he has more stability and development prospects.
There are more altcoins that provide with the increased profiting compared to the growth and profiting from bitcoin. Here we cannot find the right altcoin which is the major reason for this, and very few out of luck get to be successful on investing over altcoins. To be free and get assured return on the investment users prefer to convert all the available tokens into bitcoin.
sr. member
Activity: 1701
Merit: 308
April 05, 2019, 03:12:33 PM
#74
I don't think it's necessary, the chances of altcoin are as good as bitcoin because altcoin prices will continue to follow the price of bitcoin. It could be that the growth of altcoin is much higher than bitcoin.
You only need to believe in your current handle, wait until your altcoin turns
full member
Activity: 579
Merit: 102
April 05, 2019, 02:47:30 PM
#73
Such an opinion is now present among many crypto-enthusiasts. Many already do not believe in Altcoins in poporosts and simply convert them into Bitcoins, as I believe that he has more stability and development prospects.
hero member
Activity: 1043
Merit: 500
April 05, 2019, 02:36:16 PM
#72
This view is also somewhat certain that Bitcoin is increasing in price and becoming sustainable. But I think if Bitcoin increases, Altcoins will also increase prices. Therefore, keeping good and potential Altcoins will not affect. If I were a friend I would not do this because the Altcoins would be changed in price too unexpectedly.
legendary
Activity: 2492
Merit: 1018
April 05, 2019, 02:34:09 PM
#71
Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.

Your inner voice:
"Get back to altcoins, they will make you rich faster... Bitcoin is less volatile, you deserve more profit... Take the risks, be a man, buy altcoins until it's too late!"  Smiley

Got it!

Well right now you can  just buy Million of Doge for $5k and when the price of Doge reach up $0.10, you'd be much richer up to $160K than than  buying a 1BTC which its price could go up to $20k only. Look at how doge move these days, I'm not sure if it will soon be dumped but this coin really made a high jump.
sr. member
Activity: 2268
Merit: 275
April 05, 2019, 02:29:37 PM
#70
Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.

Your inner voice:
"Get back to altcoins, they will make you rich faster... Bitcoin is less volatile, you deserve more profit... Take the risks, be a man, buy altcoins until it's too late!"  Smiley

When prices are rising you can buy altcoins and see which Coinmarketcap is better. now going up maybe the day after rising again. Grin
legendary
Activity: 1722
Merit: 1014
April 05, 2019, 02:23:27 PM
#69
Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.

Your inner voice:
"Get back to altcoins, they will make you rich faster... Bitcoin is less volatile, you deserve more profit... Take the risks, be a man, buy altcoins until it's too late!"  Smiley
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