Topic: Do I need to sell all alts? - page 83. (Read 10345 times)
For me I will sell all that is not worthy and hold that have potential and also try to read and what happened around you. And try to understand everything that is necessary to do.
It’s depends on what coin do you have. If you have ethereum or ripple and monero you should hold it why because those coins have potential. There value is increasing time to time. If you monitor the movement of those three you can see how they evolve every year. There value is also increasing. If you have those three coins wait for the end of red flag and be patient for the big increase in the market.
Sometimes there are moments when it is better to close your eyes and sell coins, then to make the purchase of these coins is much cheaper
It only depends upon the amount and quanlity of alt you have right now. Do some calculation after releasing all the alt you are in the profits to invest in the bitcoin. Don't run blindly. Have some faith on other coins too.
You need to choose some good altcoin to hold and convert the rest to Bitcoin. Bitcoin investment is safer but altcoins can give you more profit in short period with higher risks.
No, you don't need to sell all you alts. Wait for the time that you might have earn more profit. Alts price will increase in the future.
It’s depends on what coin do you have. If you have ethereum or ripple and monero you should hold it why because those coins have potential. There value is increasing time to time. If you monitor the movement of those three you can see how they evolve every year. There value is also increasing. If you have those three coins wait for the end of red flag and be patient for the big increase in the market.
I am at the point where I don't want to invest in anything but bitcoin and etherium. Altcoins don't compare with long-term gains.
The total altcoin market is just started to rising up now. You need to wait and take a smart step. Don't just sell them all. Holding the coins for few weeks can be much more profitable.
No you dont need to slel your alts. Right now, when you bued your alts in the last year, they are all in loss. So if you will sell it now, you will make loss. As long as you dont sell it, you dont have any loss. So if you dont need the money, you should hold it untill the market goes up again. Right now we are in a bearmarket, and sellin in a bear market is always a bad idea. So just hold your coins and wait for better time.
There are many promising project , I would say that almost everything is hopeful now. Of course, many people will not agree, but in general, hold is the best investment.
I dont agree that you need to sell all of your altcoins now, because even the price of bitcoin can reached $20k, but the future of altcoins is also good, my advice is to keep or hold your altcoin for long time, and work for a good bounty campaign so you can have a big profit to buy more bitcoin.It has become clear now that there is no need in selling coins until they will rise. Prices goes up after they goes down. It is just necessary to wait and you will see that your coins have grown.
For me I will sell all if they are all worthless if not hold only the coin that have potential I think that is the best to do. But the decision is yours always this is only a suggestion.
i don't think you need to sell your altcoin investment just to benefit from bitcoin rising price some altcoins actually has the potential to rise up in price this year so that means if you are holding altcoin worth holding just keep it and wait it will go up
So true. And as they say, it is not the best idea to hold all eggs in one basket! It is clever to have some good altcoins as well.
I guess Bitcoin and altcoins will go on growing. Probably, some alts will show the highest speeds during this race. That is why it will be senseless to sell all coins to buy Bitcoin - deal with all cryptocurrencies you are holding.
This is not meaningless, it will reduce the risks of the investor, but will also cut the possible profit, since alts can grow strongly and fall
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!!!!
Just wait until the bull run would happen and don't be afraid if the market crash down it was normal, if you sell your alts for now think about it when the bull start every coin that you hold would pump and you will get much profit than as usual, better wait for it so that you will have a profit of 100%. 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 guess Bitcoin and altcoins will go on growing. Probably, some alts will show the highest speeds during this race. That is why it will be senseless to sell all coins to buy Bitcoin - deal with all cryptocurrencies you are holding.
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!!!!
No, and that wouldn't happen, 20k is very low price. Every year bitcoin price are pumping and this good about bitcoin. If you don't need money, just put on hold your altcoins but, if it is urgent, sell an amount that suits to your budget then hold the rest. That's the strategy of all bitcoin users.
At this point if you decide to sell your altcoin it is a bad decision. I feel so sorry for you because the prices of the atlcoind are growing again and they will continue to increase in the future. So hold them until the end of the year. You will be highly profitable.
For me, the safest decision will be selling your alts and wait for bitcoin to go up. It also depends on the price of the alt. Most of the time, when an alt joined a listing, the price is higher compared to what it will be 1-2 months after it was listed. It will only increase after 6 months. So if you are not planning to hold your alt for more than 6 months, I think its much better if you just sell it and wait for BTC to go up.
And currently is that time, what's thing you still want to wait for the current trending of the cryptocurrency market? According to my experience, until May, the price of almost cryptocurrency in Bitcoin rates won't below its old bottom price in the last cycle. Because the bullish trending is preparing to happen.
I think you can hold your altcoin at a better market price than the current price, even though the market price is now better, for me it is better to hold alt in the long run by waiting for higher prices.
I see no sense now to sell.since all altcoins depend on bitcoin. and now he's in drawdown. that's when bitcoin grows up,then rise altcoins after him, then sell. but if it's a Scam altcoins and you don't believe in them you can certainly sell now
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