Topic: do i sell my altcoins now? which is good or just hold. - page 2. (Read 797 times)
I would sell now, based from what I am seeing. I am currently holding on DOGE and made a good profit from it when it pumped, but when bitcoins get traction again, likely all alts will die again and bitcoins come back up as the only thing people want. Right now a lot of alts took advantage of the correction of bitcoins, but now bitcoins has already corrected and it is cheap to buy bitcoins right now. Likely even my DOGE will dump and so I'll be dumping it right now at 45 sats each.
Depend on the fundamental of the altcoin, if you now have some altcoin that has good in fundamental like POWR, DASH, LTC, ETH you can hold it, but if you have just pump dump coin for the better sell it because the price of BTC strong bullish and that coin hard to going up.
If I'm in your position, I will not sell it first. Surely the price of alt coins will increase in the coming months or next year. so you just hold it, traders say that "patience is a Virtue". so just relax and do not panic.
I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Identify first the coins you bought. If the coin is not shitcoin, you may hold that. There are many shitcoins out there. I much suggested to hold coin with big project in the future, because that will boom in the future. Just wait it.
Absolutely, never treat a coin as if it were your friend. The market is harsh and doesn't care what you think. Better yet, don't think! just trade.
I think if something has taught us the enormous volatility that characterizes this market is that we should not get too attached to the possession of any currency, because in the same way that today can rise in a considerable way, tomorrow can collapse taking all our illusions. If the altcoins that you have held for long have already generated enough income, sell them, enjoy your profits and return to the market to buy others.
At this moment I am holding ETN and ONION and probably will not invest into any other for the moment. ETN went down after the official release but it is stable at the moment.
It depends on you, almost all the altcoins are being very pumped right now, Verge was one of the most undervalued altcoins from the market and it suddenly made more than x12 in just three days.
The same applies to dogecoin.. it was less than $0.001 and now it is upto $0.006, i would hold if i was on your shoes.
If the price of the coins he is holding is rising now then maybe he should consider selling especially now that the price of eth is also high too. This is a good opportunity to earn profit especially if you have been holding those coins for so long. The same applies to dogecoin.. it was less than $0.001 and now it is upto $0.006, i would hold if i was on your shoes.
The best thing you can do is toss your altcoins around if you are already in profit and just buy bitcoins whenever it is on a bad shape. That's the most efficient thing you can do to profit even little by little. You might not get rich quickly by that but still, any profit is a profit no matter how small it is. Check the altcoin section to see what's the hottest coin around and maybe you can buy a couple of those and try selling a bit high then buy back in bitcoin whenever you're in profit.
what coins are you hodling? If they are top 20 biggest coins in the market, you should hold and wait until they go up in the future. If not, you can sell them now to get profit.
It depends on you, almost all the altcoins are being very pumped right now, Verge was one of the most undervalued altcoins from the market and it suddenly made more than x12 in just three days.
The same applies to dogecoin.. it was less than $0.001 and now it is upto $0.006, i would hold if i was on your shoes.
The same applies to dogecoin.. it was less than $0.001 and now it is upto $0.006, i would hold if i was on your shoes.
If you are closely watching altcoin markets, its very evident that every coin in the top 10 is being pumped one after another. It clearly shows that altcoins are purely all pump-and-dump system. It's real funny to see them being pump and if you are into the market for long time, you should have made lots of profits already. They are not really good for long term investment. If I were the OP, I should have sell my altcoins at top price and wait for few days to re-invest it to the next altcoin that will be pump. I already profited from 2 such pump already to be honest. But when I see that Bitcoin Cash is the next one to be pump, I decided not to join and ride the waves. I don't like that people behind it plus I'm ok with the profits that I already made from Ethereum and Litecoin. I'm still wating though for one coin that is not yet pump. Common sense will tell you what coins I'm talking about. So my strategy is just buy them when they are still cheap, hold for several days or weeks and when the coins is pump, I get out, re-invest to another coins which I think will be the next coin that pumpers will choose. Rinse and Repeat.
It depends on you, almost all the altcoins are being very pumped right now, Verge was one of the most undervalued altcoins from the market and it suddenly made more than x12 in just three days.
The same applies to dogecoin.. it was less than $0.001 and now it is upto $0.006, i would hold if i was on your shoes.
The same applies to dogecoin.. it was less than $0.001 and now it is upto $0.006, i would hold if i was on your shoes.
I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
depends on which altcoins you are holding.If your altcoins devs are good and their roadmap is good then you can hold it for long term.before selling or buying make a research and do what do you want.Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
If you know the Altcoin you are holding is not a coin you can really trust, then you can sell. However, some of the altcoins are going to have some pretty good bounce later on, so I will advise you to hold any coin you are sure have some prospects rather than being too fast to sell them. The ones that apparently may be useless, you can look for an undervalued coin right now and get into it.
I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
It's difficult to give a precise answer without knowing exactly what coins you hold, for an overall basket of alts I would say hold them as the outlook is good, of course if you have bad alts then you should sell them. The logic of bitcoin value going up is a bad one however, you may as well hold bitcoin in that case, you should want alts if their value in btc increases over time.
I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
the way i think about it is to try and calculate or guess more like what will give you the best return if thats what you want.
for example is holding your alt coins going to generate more of a profit that the potential rise in value of bitcoin next year?
it could very well be a positive thing to ditch the alts into bitcoin, thats just my 2c
I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
the way i think about it is to try and calculate or guess more like what will give you the best return if thats what you want.
for example is holding your alt coins going to generate more of a profit that the potential rise in value of bitcoin next year?
it could very well be a positive thing to ditch the alts into bitcoin, thats just my 2c
it seems to me that it would be best to sell some of the funds now in order to recoup their investments, and leave the rest to the next year, because I am sure that the holiday has not yet begun))
I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
It totally depends upon the current market situation as of the coins you have are in good condition and the prices are high and you have gained enough profits then you should sell them right now but in other case that is with most of the altcoins now and its not in their favour which is less prices and less demand then you shoul hodl and wait for the right to come when the price start boosting up.So analyze your situation or you can exchange it for btc which is much beneficial on comparison. Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Its better to study carefully your altcoins before taking your decision. Some altcoins have good potential and their prices are predicted to rise in short or long term, so it is better to hold them. While other ones aren't so stables so selling them is the best choice.
If the altcoin you're holding has a future i.e the project is good and not some airdropped or cloned coin, then it will be worth the hodl. IMO once the bitcoin bull run has ended, money will flow in alts. So if you have the funds, intead of selling, try to accumulate as much as you can.
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