Do you approve this strategy: sell alts buy btc? - page 14.

lamadu3

full member

Activity: 490

Merit: 100

Quote from: renz0 on July 13, 2018, 08:29:25 AM

Last time I approved the sell altcoins and buy bitcoins strategy. But now I do the opposite. I am slowly selling my bitcoins and buy promising altcoins that may give me more profit in the future. Up to now, there are no signs of market price recovering especially in bitcoin from its current dip and that is the reason why I started to lose hope in bitcoin and regain faith in altcoins.

No, I do not approve this policy. I suppose that the best choice is to have in your portfolio both altcoins and Bitcoins. I like trading alts and I hold BTC.

rudito

newbie

Activity: 275

Merit: 0

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

Crypto is very risky and better you do not invest in a single coin, investing in some coins will be better to avoid risks.

coly20032003

full member

Activity: 322

Merit: 113

For me, I have both bitcoin and altcoins. Bitcoin is still the biggest crypto currency out there, and is the one that most people know. But there are some good altcoins as well, some of them do have a lot of potential to increase. To reduce risk we can hold both.

bristlefront

member

Activity: 225

Merit: 10

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

If you are really sure to your altcoin then don't sell it on bitcoin if only you think it has really a potential but of course bitcoin has a potential but if you want to try something new since bitcoin is already mainstream then put your faith to your bought altcoin and it goes skyrocket then good for you bro.

pinkpanther03

hero member

Activity: 1092

Merit: 501

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

No, I don't agree on the strategy, all of my profit since when I got started here was came all in altcoin not directly on bitcoin though every time I sold out my altcoins it automatic converted into bitcoin. Probably from sell Bitcoin to buy potentials altcoins is much more betterer, for sure.

embargo

newbie

Activity: 266

Merit: 0

It seems to me that altkoins and bitcoins are one kind of digital assets. Yes, there can be fluctuations in different directions (something is becoming cheaper, and something is becoming more expensive). But in general, the trend is one - cheaper crypto-currency - then deductive of any token.

Nexjr14

newbie

Activity: 216

Merit: 0

I do not agree with your strategy, because if we are going to sell altcoin or Bitcoin should see the condition of price and future potential, it must be a full calculation. And then what altcoin do you mean? Sometimes I think that altcoin price depends on the price of Bitcoin, if Bitcoin goes down then altcoin will follow it.

CryptoGirl.y

sr. member

Activity: 631

Merit: 260

There is no point in selling altcoyins, on the contrary, they should be bought. I stick to the strategy of the past pump: the growth of the altoctones, then they are poured into bitcoin and after that the pump is on bitcoin.

Bountyl

jr. member

Activity: 364

Merit: 1

No, I do not approve. Because altitudes give more profit than bitcoin, as if you are a bitcoin maximalist and believe only in bitcoin. My strategy is that I even spread all the preservation and something should give a good profit.

kalawang

full member

Activity: 350

Merit: 100

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

Yes love to work on your savings is to give it will be risen by more to invest in this day and the future, and technology o ore the world so much for a great. I believe in the right direction. I believe that bitcoin will fall in this day our cryptocurrencies are not capitalism. The only one who are in your life.

bitcoinveda

member

Activity: 378

Merit: 10

Keeping them in altcoins is always good because once the Bitcoin price starts increasing automatically the price of altcoins will start increasing. without taking the risk we cannot able to make money, so instead of converting them to Bitcoin, better hold them in altcoin whether if you find potential in altcoins.

GrayFullbuster

full member

Activity: 658

Merit: 103

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

It can be useful strategy because we all aware on how powerful is the bitcoin. If we have shitcoins, then it is better if we will trade it to bitcoins. In bitcoins, we can ensure that we can easily increase our investment.

Man From The Future

sr. member

Activity: 371

Merit: 250

I do not agree about your opinion. There are still many altcoins that have very good growth, maybe the percentage of growth is better than bitcoin. If you choose altcoin exactly, then you will get a greater advantage than bitcoin. Indeed bitcoin is recognized as cryptocurrency worldwide. What needs to worry is when we only have bitcoin as the price falling, then we will lose big. So you should not sell all your altcoin to buy bitcoin, keep some altcoin that you think having a good future.

david_019

member

Activity: 256

Merit: 10

I love how the experts are giving advice to everyone in all areas of life that is why even here in crypto currency world I like to here the word from the experts. And the very common I heard from them is buy bitcoin or invest in bitcoin than in altcoins because giving your fund in altcoins is very risky compare in bitcoin specially during the dip time.

laracastvue

member

Activity: 336

Merit: 10

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

I prefer holding my alts even though the market prices today is currently dumping because it will just go back to its normal price after a few months since the market is volatile.

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

Quote from: Kakmakr on May 28, 2018, 02:44:20 AM

I honestly think many of these Alt coins are pump n dump schemes. You can make some good profits on Alt coins, if you time your exit before they collapse. The most stable and reliable Crypto currency, since 2009 is Bitcoin and that is not even disputable.

So my strategy is to play with Alt coins and to move my profits to Bitcoin in the end. Bitcoin is my store of value, like Gold is for many other investors. Wink

we have our own Goals, Strategy to follow in terms of investment, we may have similar data, information,market research, statistics, market structure, trends, and a lot more..But we have different approach on how to deal with our own individual investment. I don't agree with your idea of Selling all ALT coins then buy Bitcoin, it is not practical, not wise, and not recommended.

renz0

newbie

Activity: 140

Merit: 0

Last time I approved the sell altcoins and buy bitcoins strategy. But now I do the opposite. I am slowly selling my bitcoins and buy promising altcoins that may give me more profit in the future. Up to now, there are no signs of market price recovering especially in bitcoin from its current dip and that is the reason why I started to lose hope in bitcoin and regain faith in altcoins.

HSRP

member

Activity: 392

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: danim1130 on July 13, 2018, 07:39:07 AM

I don't think so too. Buying some alts is like upgrading bitcoins. That is the branches of bitcoins the alternative coins so that people will buy bitcoin and other cryptos to balance each value of it. Buying some alts can also lead to success because some of them right now have a big potential in future.

The next trend is still unclear, so I think that if possible, choose a short-term trading day to limit the hold on the trading floors when the coin drops strongly. There is always a clear stoploss point to cut losses and determine the profit target during the day.

kripkiki12

member

Activity: 162

Merit: 10

Once BTC price is on the rise, altcoin prices will move up too. So I believe if you really believe in some projects, it might be worth keeping some of them, and hold the other part in BTC for instance

ngamuk tok

newbie

Activity: 126

Merit: 0

Quote from: brawdias on May 27, 2018, 08:43:04 PM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

i do not agree to sell all my altcoin then invest everything in bitcoin.
I prefer to share it. 50% for bitcoin investment and 50% for altcoin investment.

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