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Topic: Do you approve this strategy: sell alts buy btc? - page 24. (Read 3336 times)

sr. member
Activity: 2618
Merit: 335
no i dont really approve that strategy because i think that is not right to sell alts just because you want to buy btc. Alts are more valueable and more profitable therfore i wouldnt try to sell them just to get a btc though id rather sell my btc in order to buy alts.

I will only sell my alts if i already achieved my targeted price but as of now i dont think i can achieved it because the market is still down.
Market is full of strategies and my advice to you is whatever you want to do and you desire for should be inside the circle of market rules and principles.

If you are doing with disobedience then you will face with problems. A person can follow a strategy for example if sell Altcoin or Ethereum in order to upgrade in the crypto market then it is a good decision if selling and buying processes take place by applying market rules.
Last time investment in 2017 was a type of getting 1st lottery prize for my friend and he successfully made huge profit. Whatever you are doing and thinking to invest here is a good decision and strategy but all the processes should take place in the light of market rules and principle so that you may not face with loss either in Altcoin or Ethereum, you will get huge profit of your decision.
member
Activity: 448
Merit: 10
at the moment I would not advise to make such a step the etherium is also good, but while bitcoin is so low I'm not sure about it
member
Activity: 140
Merit: 12
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

Will it's not the point of being recommended the point is the way of they earning bitcoin. It doesn't matter what they do the important is you did stole or hack an account just to have it. Whenever you sell or buy it's your choice.
full member
Activity: 420
Merit: 102
If you think your altcoin would survive this huge plunged then just hodl it and dont panic. But if that altcoin that you've invested in, is not popular and not even known i think you should cut your loses and move your money into much safer haven for investment like ETH, BTC and LTC. In the end it's up to you.
Yeah anonymous Altcoin is not good for investment because they have no market cap and the price is also not increasing. Better to sell them and buy bitcoin. In these days investment in bitcoin is good decision because the price is very low and it is great opportunity to make money from bitcoin investment in the future. Don’t be panic about the price today.
jr. member
Activity: 142
Merit: 2
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

For me I prefer to hold Bitcoin than altcoins. Bitcoin could easily convert anytime anywhere. It is easy to use than alt coins. aside from Bitcoin is a pioneer crypto currency most of the time people prefer to patronize Bitcoin because I'm everything you do you need Bitcoin just to complete all your transaction like, if you want to start your own trading you need to buy Bitcoin first so that you can buy different altcoins using your Bitcoin. As simple as that. So for me I prefer to sell my altcoin and buy Bitcoin.
hero member
Activity: 840
Merit: 500
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 depends upon the situation, If I need money then I will sell my hold alts which has high in price and some of it will buy for bitcoins. I will sell all my alts in order to buy for bitcoin but I will look at it if there is price that are pumping then maybe I will sell this coins and buy for bitcoins.
Yes it is in fact depending on the situation, if you can see that bitcoin price going to decrease more and more then you should covert your investment from bitcoin into other crypto currencies, where you can consider your investment more secure and safe, and from where you can even get some good profit if you will hold that currency for some time.
sr. member
Activity: 938
Merit: 250
I do not agree with that strategy. I will keep altcoin until the price goes back up. bitcoin prices have decreased so that the impact on altcoin prices. so, we have to buy bitcoin with our spare money without having to sell altcoin.
member
Activity: 476
Merit: 12
A good cryptocurrency fan is always in possession of bitcoin and alternative coins and trade any of them when need arises. We all know that most of the alternative coin can be dump at any time but the smart one will make huge amount of money out it.  
member
Activity: 266
Merit: 10
the USA, Israel, Australia, Britain, Belgium and others are actively working to create legal mechanisms for integrating the altcoyins into the economy. Although, this is not a guarantee of leveling the flaws and mass acceptance of the virtues of Bitcoin
full member
Activity: 287
Merit: 100
I agree. We recommend that when selling altcoins in a high price and then buy bitcoin when the price is down. That's a good strategy. but it's hard to wait for the right time.
sr. member
Activity: 434
Merit: 268
i would separate my money, like 30% of my investments it is BTC, 30% ETH, other 40% Btc Cash and other top currencies at the moment except ripple.
full member
Activity: 518
Merit: 101
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 depends upon the situation, If I need money then I will sell my hold alts which has high in price and some of it will buy for bitcoins. I will sell all my alts in order to buy for bitcoin but I will look at it if there is price that are pumping then maybe I will sell this coins and buy for bitcoins.
member
Activity: 322
Merit: 10
yes it is very relevant to the current market conditions, since bitcoin prices are experiencing a very extreme decline, the best strategy to make the price reverse direction is to buy bitcoin so it will create a sturdy buy wall that will make the price reverse direction
jr. member
Activity: 448
Merit: 1
Sell ​​Altcoin to buy Bitcoin, when it's profitable then it's okay, because all we need to do in Crypto is profit. anything can be done that is important profit. that's my opinion
full member
Activity: 476
Merit: 100
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 depends on the potential of the altcoins that you hold. If you hold a altcoin that have a good future, it is better if you will just keep it in your wallet. There is a high chance that you will miss a lot of trains if you will sell your potential altcoins.
member
Activity: 336
Merit: 10
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 is too risky to use that strategy. But it really depends on the situation you are at. Bitcoin is too expensive to buy so it is quite better to sell bitcoin and buy altcoins or whatever you like.
member
Activity: 350
Merit: 10
it seems I better buy altcoin more than bitcoin because I see bitcoin has a price that is too expensive so it makes bitcoin not good if to buy when the price is expensive.
member
Activity: 476
Merit: 11
I do not fully agree but I believe that the investment in your hand should be 70 percent bitcoin as 30 percent altcoin. If you make your whole investment as altcoin or bitcoin, you will miss many opportunities.

Same here, I don't think it's a better strategy. Might think another strategies because I am afraid might you lose big time if you follow this. Buy and sell was quite profitable depending on coin of your choice.
full member
Activity: 714
Merit: 114
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
Depending on the situation, Especially if the alts you hold has fallen in price. It's definitely a big risk that your hold has fallen even worse when the price of bitcoin falls. So my advice is to sell alts when you have a profit

fall of price doesnt always mean that it is risky to hold them for a longer time. sure their price can fall evenly but you should also be aware that the nature of cryptos are so volatile , which means that it is pretty normal for them to decrease and increase. their value can still increase or recover even if how low they fall. so overall it isnt really recomended to sell your alts just because you want to buy a btc but instead you can always buy btc along with your alts so that you can possibly maximize your potential earnings
full member
Activity: 434
Merit: 100
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
Depending on the situation, Especially if the alts you hold has fallen in price. It's definitely a big risk that your hold has fallen even worse when the price of bitcoin falls. So my advice is to sell alts when you have a profit
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