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Topic: Do you approve this strategy: sell alts buy btc? - page 26. (Read 3360 times)

newbie
Activity: 56
Merit: 0
If bitcoin seems to have a much lower price and I think I can buy a lot of bitcoin with altcoin say, bitcoin has more potential than alts because the original cryptocurrency is acknowledged in the world, and altcoin prices also depend on bitcoin so buying the original is much better than the keep the new one made.
member
Activity: 210
Merit: 10
I do not really agree with that strategy. For me altcoin has a better chance than bitcoin to be an investment at this time. The bitcoin movement is slowing down and it's hard enough to grow and raise its value again.
copper member
Activity: 455
Merit: 0
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 agree with bitcoin is the most popular among other crypto coins, but you do not have to sell all the altcoin you have to buy bitcoin, because I think investing in one coin is too risky.
newbie
Activity: 3
Merit: 0
In the first post of this topic, the author offered a link to a site in which one guy advises to transfer all their assets from altcoins to bitcoins. Do you think this idea will bring good profit for you? Let me give you an example. You have $ 10,000, i.e. you can buy 1 BTC and 7 ETH (prices as of June 16) When the rate rises you can make x2 X3 X5 X10 right? I think they won't make more X10 in 2018. Now look at the altcoins. In the amount of $ 10,000 you can buy several types of promising coins in the amount of 1 million coins. and if each one does X5 or X10 or even X20 you rabatyvaetsya in several orders of magnitude greater than bitcoin
member
Activity: 518
Merit: 21
Yes especially if altcoins is not that establish and good to hold so my choice is to trade it with other establish crypto or trade directly to bitcoin. It is not that good strategy but mind  you that it is one of the sure trades because it has a low chance of percentage on losing on your money but at the same time it does no profit that well compared to trading other established altcoins.
newbie
Activity: 120
Merit: 0
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

In my opinion, With the current cypto market situation I think it's not advisable to sell alt just to buy bitcoin considering that bitcoin today is still dropping and its really risky to invest I suggest to hold both cryptocurrency and wait for the right time because i believe right ime will come and it will rise up again.
member
Activity: 416
Merit: 21
if u are short term trader then this strategy work selling alts and buying bitcoin but when u expect for long-term growth then holding altcoins is far better
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
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

Well, if it will work well then why not? You should try it as well, sometimes other's strategy works fine. Don't mind your doubt, because if it doesn't work for himself/herself, he/she won't give a time to give such strategy in the first place. If it doesn't fit you well, then don't give any kind of attention to it, and don't even dare to try it no more. It would just sick you up and your mindset as well, stay in your lane, strive to achieve your goals, fixed your strategies and focus on it as always.
member
Activity: 294
Merit: 36
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 think this is effective but I think there are also lots of potential altcoins these days that are worth hodling so why do we need to sell ours to purchase bitcoin if we could do both at the same time? I think it is better if we'll just do both to maximize our gain. We should just to choose the best altcoins to hodl.
full member
Activity: 528
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
Actually many investors are doing that strategy because it is very useful strategy to grow your investment. Bitcoin is still the strongest cryptocurrency, by making investment with bitcoins; you can ensure that your money is safe.
full member
Activity: 434
Merit: 117
You can do that strategy and I can say that it is good idea! It is good to trade your altcoins to bitcoin because you can ensure that the bitcoin can overcome different challenges because of its potential in the cryptocurrency market.
member
Activity: 462
Merit: 10
Anyway, I would not accept such a strategy. Because there are some altcoins whose movements exceed the bitcoin movement and that is quite advantageous. So I will keep altcoin and buy bitcoin. So I just need to do both without eliminating the others.
sr. member
Activity: 779
Merit: 250
I never want to invest on any of altcoins by selling my bitcoins because I knows that bitcoin has more potential than any other coins so it will give more benefits in future if we hold until,if you invest on altcoins you can invest the amount from profits of your bitcoin.

Its normal for you to dislike altcoins because the growth of bitcoins in the market is so much better more than altcoins, another thing is that there are more people who are interested on bitcoins more than altcoins so we can expect a higher price of bitcoins in the future.
member
Activity: 322
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
The market in recent days has been continuously decreasing, you can see that bitcoin prices in the past days are continuously reduced and will continue to fall deeper than when the market is bearish in the long term . So I think that at this point you do not have altcoin, so buy bitcoin and increase the amount of bitcoin you own.
full member
Activity: 378
Merit: 100
Depends on how you handle your coins and bitcoin. For me, I buy alt and still sell it and trade in alt like ethereum. Alts has more chances of gaining higher income especially when that alt really pump and has potential to grow.
member
Activity: 434
Merit: 13
I never want to invest on any of altcoins by selling my bitcoins because I knows that bitcoin has more potential than any other coins so it will give more benefits in future if we hold until,if you invest on altcoins you can invest the amount from profits of your bitcoin.
Yes. very aggrieved when investing bitcoin. because bitcoin has a huge advantage. has a very high market price. I am sure by the end of 2018 there will be a rise in bitcoin prices that will rise and normal again
newbie
Activity: 89
Merit: 0
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 think I do not want to invest on altcoin by selling my bitcoin. because I know that bitcoin has more potential than other coins so it will provide more benefits in the future. if you want to invest in altcoin, you can invest that amount from your bitcoin earnings. Because I think coins depend on the value of bitcoin.
newbie
Activity: 30
Merit: 0
If I do not agree because if you trade with bitcointalk you have a small capital just the same as lie because with your small capital Do not get a big profit but if you do trading in altcoin you will be faster can profit and a little more because you have small capital.

It depends on what coins you have, if you have ETH then I don't agree selling strategy. But when you refer it to other coins with low value, I think its good to trade and buy btc or ETH because both have bigger value or increase of price and you will gain huge profit.
member
Activity: 686
Merit: 26
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I disagree with this strategy. Alts can bring more profit than BTC in short term. When you get enough profit from alts, then buy BTC and see how it goes. Repeat every once in a while.  Cheesy

Alt coins do have a huge potential to provide much higher returns that btc because altcoin which trade in cents or few dollars has a huge way to reach till 100$ or more per coins. While btc is already at 7500$ so may not reach 10 times in a year or so . Well if you identify some altcoins which can provide the best return than you can make good money with altcoins too.
newbie
Activity: 224
Merit: 0
It ia very useful startegy.Beacuse Altcoins are more vulnerable than BTC.But my holding  altcoins correction is 1/10 of its original value.So it is difficult to apply now for me
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