If you still at loss condition there is no reason to sell it.
But if you think you have gained enough profit I think its one to sell all of your altcoins.you can use that money to buy more altcoin at dip since the market still at the bearish condition.
Topic: Do I need to sell all alts? - page 56. (Read 10327 times)
If your altcoins have potentials to be on a high price, try to wait more time. Every move that you will do will have risks. If you sell all of your altcoins and transfer to bitcoin, and your altcoins that you sold have a higher price, you will regret that you sell it on a lower price. I have my altcoins sent to bitcoin too due to the increase that certain date and is now waiting for bitcoin to rise again. I know it will but it could have been better if I am also profiting now with altcoins using those sold one
I have been selling my altcoins and store it a bitcoin or ethereum. So many altcoins nowadays and a lot of them have a hard time rising back up when its down. So for me, the sure thing is that btc and eth will rise again, thats why better convert my alts to btc and eth.
In any case, all Altcoins do not need to sell, it is better to wait this period, everything should recover and then you will be in profit, but if you need to sell, then sell only part, leave the rest.
I think it will not right decision to sell all altcoin because from few days all altcoin prices decreased so better will be wait for more profit.
Unfortunately the market is currently down and if it is sold now then we have to be ready to lose or cut loss, but I will not sell now because I'm sure that the development of cryptocurrencies will soon improve and we get big profit.
I don't think its is now the right time to do some actions. The market is having a dip at this moment, so better hold on and weather out this event. Happy earnings.
I think this all depends on how much money you have invested lol. If it is more than you feel comfortable having in, you might need to think hard. You don't want to take a huge hit.
If you believe in the project and that it will be successful in the future, then I advise you to keep your alternative coins and keep them until the day you can afford it and until the project does not make the product that it promises to make
If their is rise in altcoins, I don't see any reason in selling it.I believe their will be better increasing in the price of altcoins in 2020
I would suggest you to review your altcoins before selling them so that you will not regret by selling them too early.
This may depend on you because if you sell your alts because it reaches your desireable price go sell it or if you do not believe on it anymore you can sell it but if you believe it you can hold it much more until it retuen
You can not keep all money in just one coin. It is necessary to allocate risks between different instruments.
Do like Warren Buffett, look for undervalued companies and invest for a long time.
Do like Warren Buffett, look for undervalued companies and invest for a long time.
I think it will reach $20,000 again in December because until now it is being dump by the whales and keeps suffering. Maybe this June there will be a recovery and slowly climb until it reach $20,000 price again.
although I also believe that bitcoin will increase in the month of June until the end of this year but I am not sure that ethereun will reach the $ 20,000 price it is too far for bitcoin
I think it will reach $20,000 again in December because until now it is being dump by the whales and keeps suffering. Maybe this June there will be a recovery and slowly climb until it reach $20,000 price again.
I do not think that it will be a good idea, there is a possibility that one of your altcoyins will grow in price and you will get a profit
It's up to you, but it depends also on your altcoin type. Some altcoins are on the rise, some down. If the price is down, or the price graph is less stable, then better just bear your altcoin.
If the price is rising, both slowly and significantly, you better sell it, but do not immediately do dump. Do trading wisely. So that the price is stable even rise so as to generate big profits.
If the price is rising, both slowly and significantly, you better sell it, but do not immediately do dump. Do trading wisely. So that the price is stable even rise so as to generate big profits.
Bitcoin has the potential to reach 20k and that will really give us a lot of profit but there are also some potential altcoins that can increase its price but not as much as bitcoin does but that potential coins can still give us lot of profit. So for me i suggest that you keep those potential altcoins if you have some and then sell those altcoins that you think will not benefit you in anyway and buy bitcoin and then hold it until it reach the price you are expecting.
Good day,
Do you think that BTC is going to reach 20k soon?
If yes do I need to sell all alts and wait for rising BTC?
What to do now ? I am confused!!!!
Do you think that BTC is going to reach 20k soon?
If yes do I need to sell all alts and wait for rising BTC?
What to do now ? I am confused!!!!
I dont think so if bitcoin will reach 20k soon but we have to wait for that moments, i dont know what is your point my friend,selling for all of your altcoin for what? I think your point is you have to trade your altcoins for bitcoins and waiting for the price of bitcoin to pump.
If you have plenty of alcoins you do not have to sell all altcoins , you can sell one half os this in you are in need financially, but if you do not have problem on financies, then you might as hold it for some other time, that you need it most.
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