Do I need to sell all alts? - page 75.

shinjo

full member

Activity: 271

Merit: 100

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

Selling your altcoins now wouldnt make any sense. They are all in such deep debt. So if you sell now, you just will realize you loss. Its better to hold them until the bullmarket comes back. Selling in the bear market is always a stupid idea. So be patience and lern to hold their coins. Maybe it will takes some months more. But after that you will be happy when the value rises and finally you can sell them with profit instead of lose. So keep holding.

markuly

newbie

Activity: 126

Merit: 0

In the current market on dawn I'm not selling altcoins
I don't see any good reason to sell now.
Market will change very soon and if you do not need money, do not sell.

bencongponcol

newbie

Activity: 42

Merit: 0

I should tell you, you should consider if the ICO is really worth investing. If the alt coin really have a potential in growing. Then I suggest you should keep the coins that matter. Do not be afraid to take risks. Apparently yes and I believe in that but you should also take consideration in choosing the right coin especially when you're into long-term holding because if you mistakenly choose a coin then one thing will be your fate and that's losing

BennyK

member

Activity: 672

Merit: 14

I think the final decision lies with the type of alt coin in your possession now. Although Bitcoin seems to have a great potential of hitting back the price of $20k, there are also some alt coins with great potentials of going green with massive percentage rise on the marketplace. It is always smart to keep part of your investment in Bitcoin and alt coins with large cap.

CEOKEY

full member

Activity: 462

Merit: 101

For me, the motto of investment diversification is very good. I did not rush to sell Altcoins when Bitcoin increased. I had to scrutinize Altcoins and make the decision to keep the Altcoins potential. Investment BTC and Altcoins are two investments I choose.

standards

sr. member

Activity: 560

Merit: 261

I don't think it is time to sell bitcoin or altcoins.
The market is picking up slowly. I won't be surprised if it can reach ATH in 2018.

Dodoymabs

full member

Activity: 602

Merit: 100

Quote from: iamMhew on January 04, 2018, 03:03:29 AM

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

theres no need to sell all your alts, maybe make a another investment for bitcoin because they are both profitable, after this holidays im sure bitcoin price will soon to pump just like what happen last couple of months, and for the alts you hodl, keep on hodling and be wise to gain more profits,

That's right, better to have more coins than making only one coin. In this way, risk will be divided and pretty sure more options that can be done when things are getting unclear. Altcoins also have the ability to give us a better profit and as we see crypto market now are increasingly growing and probably those who hodl some altcoins can definitely harvest some of their profits.

pleci

full member

Activity: 686

Merit: 100

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

if you have better money keep all your altcoin because I am sure if bicoin really will have such a high price then there will be altcoin many who experience price increase but if you do not have money there is no harm selling your altcoin but my advice do not sell all

kopijos

member

Activity: 523

Merit: 11

you do not need to sell all your coins because you also have to have a spare coin, I advise you to sell some of your coins, where the coins you can use as a backup coin when you lose.

ogini

member

Activity: 406

Merit: 10

If the is a trustworthy one I think there will be no need to rush into selling ,you can hold for a period of time than sell as price appreciates than you can sell in bits

jagaban

copper member

Activity: 322

Merit: 8

Hodl what catches your fancy and sell whenever you feel like you've gotten enough profits. A wise man once said to me. "never fall in love with any coin". I hope you get to understand what this means

Blackhammer321

member

Activity: 400

Merit: 59

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

A lot of altcoins presented by their respective ICOs have a good chance of ibcreasing in value over time. Especially for coins that are cintinuously getting crowdfunded. This is because the coins they are making are becomjng mire and more suitable for long-term investments and not just for day-trades likd what they used to be, making true of the statement that the altcoin induatry is evolving into a more user-friendly industry.

Trader44

jr. member

Activity: 294

Merit: 3

Selling your altcoins now wouldnt make any sense. They are all in such deep debt. So if you sell now, you just will realize you loss. Its better to hold them until the bullmarket comes back. Selling in the bear market is always a stupid idea. So be patience and learn to hold their coins. Maybe it will takes some months more. But after that you will be happy when the value rises and finally you can sell them with profit instead of lose. So keep holding.

ngocnga0051

newbie

Activity: 86

Merit: 0

I don’t think it is a good time for selling your coins. If you can wait just two weeks you will earn much more than lots of coin will rise at the end of this month. And it would be great if you can add them more before their rising.

Crypcar10290

newbie

Activity: 98

Merit: 0

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

You do not have to sell all your altcoins, trade for btc the ones that do not have future and keep the ones that have more room for development, check the road map and white paper for all the projects you have and stick with the ones that have more chances to grow, check for upcoming news like partnership and mainnet launch; those project will have more probabilities to increase the value. When they hit your goal or a big resistance you can trade it for btc. As always, do your own research and good luck.

DreezHoly

newbie

Activity: 130

Merit: 0

I dont think if there is need for you to sell your alts just because of an anticipated BTC pump, you can invest in Bitcoin but don't sell all your coins coz you never know which one will make you good money, Id rather you keep them as long as they are promising

warr1979

hero member

Activity: 564

Merit: 500

Quote from: mario00 on May 01, 2018, 07:48:08 AM

Quote from: Rabi3 on April 29, 2018, 06:49:58 PM

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

I always say that we can't talk generally because the coins are not the same some of them are profitable and some of them are not, some times the profit from altcoins is more than the profit from bitcoin, so you should be careful and do your research about every coin that you went to sell.

You're right with this analysis, all altcoins are not the same and they do not move in the same pattern and it could be possible that some of the altcoins you are holding is headed for a dead end so that means that selling off such coins even at a loss is the right thing to do even if you are selling at a loss so you don't end up losing all your money you put in entirely.

Sometimes, accept your loss is the key to help get you out more losses and stress.
I was a trader always regret when I take the loss.
That's not a good thing for a trader, especially when you want to become the professional trader.

dinhbach064

newbie

Activity: 20

Merit: 0

It is not a good idea to sell all altcoins that you are holding just because of bitcoin price is raising. It's good to sell the others while holding some which is in your own finding that altcoins has a good future

mario00

newbie

Activity: 133

Merit: 0

Quote from: Rabi3 on April 29, 2018, 06:49:58 PM

Quote from: engin978 on January 03, 2018, 01:13:00 PM

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!!!!

I always say that we can't talk generally because the coins are not the same some of them are profitable and some of them are not, some times the profit from altcoins is more than the profit from bitcoin, so you should be careful and do your research about every coin that you went to sell.

You're right with this analysis, all altcoins are not the same and they do not move in the same pattern and it could be possible that some of the altcoins you are holding is headed for a dead end so that means that selling off such coins even at a loss is the right thing to do even if you are selling at a loss so you don't end up losing all your money you put in entirely.

azzag0000

jr. member

Activity: 238

Merit: 1

I think it all depends on your trading strategy. anything and an increased amount with bitcoin, there is no point to sell if the price goes down.

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