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Topic: Do you approve this strategy: sell alts buy btc? - page 38. (Read 3375 times)

member
Activity: 322
Merit: 10
I think that this is a smart strategy. I am sure that I will win much if do the same. btc has a lot of advantages and I will be following this trend because btc is wanted by everyone and I am not an exception. this is a better alternative to altcoin
jr. member
Activity: 112
Merit: 1
I accept this idea and why not? Bitcoin has a reputation, flexibility in usage and efficiency. In addition, bitcoin is a measure of success in the crypto world. And the exchange of altcoin to receive bitcoin is a common form.
I do not agree at all ,some altcoins are very powerful. Bitcoin has the name because it is the first to arrive.But the time is coming when altcoins shall take over and everyone in the cryptocurrenvy world will be shocked.I will prefer to hold my altcoins.
newbie
Activity: 72
Merit: 0
I accept this idea and why not? Bitcoin has a reputation, flexibility in usage and efficiency. In addition, bitcoin is a measure of success in the crypto world. And the exchange of altcoin to receive bitcoin is a common form.
sr. member
Activity: 854
Merit: 267
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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 guess, selling your alts for bitcoin is good but don't sell if it is not necessary and if you are going to sell it must be alternately . I mean don't just sell alts but also bitcoin because we sometimes bitcoin and even alts is in dump stage.
member
Activity: 130
Merit: 10
Yes i approve that strategy. It is anothey way to dispose your low value altcoins. Buy selling your altcoins or by exchange it in bitcoin is a good strategy to lower your loss or even you can gain now profit. Holding bitcoin is more profitable than holding alts that have low values.
sr. member
Activity: 1221
Merit: 250
No, because the main altcoins and bitcoin are rising and falling at the same time, so it's pointless.
That depends on which coin he had invested cause some of coins are just going down and there is too little chance for it to pump over price when we invested so selling it and putting it in more sure coin like btc has some sense than.
full member
Activity: 1050
Merit: 100
I'm not agree in that strategy because every altcoins have potential in the future, bitcoin now is more stable coins, but other altcoin have good value and good products or amazing application. Nothing is different if you buy bitcoin or altcoin the important is how you handle those coins.
True, every coin has some chance to just go up in future, of course one will have more and other less but there is not 100% that coin will be going down always, so being patient and holding coins which we had invested could bring some income in future.
choose some potential altcoin, but not one altcoin, as this is a greater risk. but we also have to hold the bitcoin so psychologically we will be cool and calm, because that's the key to trading
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
I'm not agree in that strategy because every altcoins have potential in the future, bitcoin now is more stable coins, but other altcoin have good value and good products or amazing application. Nothing is different if you buy bitcoin or altcoin the important is how you handle those coins.
True, every coin has some chance to just go up in future, of course one will have more and other less but there is not 100% that coin will be going down always, so being patient and holding coins which we had invested could bring some income in future.
newbie
Activity: 31
Merit: 0
I do not approve of this strategy. Most altcoins with growing market grow much stronger than bitcoin. Sell ​​altcoyins need only at the peak
newbie
Activity: 113
Merit: 0
I go for buy more alts and buy more BTC. The market is down and prices are very sweet.
You can't do anything with BTC now, so you can do daily profits ONLY with alts.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
I'm not agree in that strategy because every altcoins have potential in the future, bitcoin now is more stable coins, but other altcoin have good value and good products or amazing application. Nothing is different if you buy bitcoin or altcoin the important is how you handle those coins.
member
Activity: 224
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

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.
full member
Activity: 952
Merit: 107
Such decision depends on current situation on the market and what altcoin you are going to sell or buy. Because when bitcoin drops, altcoins drop harder and when it grow up, they recover faster.
It may be depending on the fluctuation in market but as you are saying that when the price of BTCs goes down, altcoins go more down and vice versa which means altcoins’ price is depending directly on the price of BTCs so there would be no loss or no problem if one sells his alts and buy Btcs with them because BTCs has more worth than alts so it will give more profit in future. 
It is depend on which alt you can put your btc to switch off your investment. For now, I can say that it is better to hold ethereum rather than any coin because ethereum shows how good the every change of its price. It really can give good profit because the fall is not that long and when it recovers, your investment can earn huge profit. but still diversify your investment, Bitcoin will recover soon, do not give up, waiting will be worth.
newbie
Activity: 238
Merit: 0
bitcoin has more potential than any other coins I don't think it is right that to sell your altcoins and buy bitcoin because altcoin and bitcoin are the same price movement when bitcoin down also altcoins down. I believe that the investment in your hand should be 70 percent bitcoin as 30 percent altcoin.
full member
Activity: 363
Merit: 101
Such decision depends on current situation on the market and what altcoin you are going to sell or buy. Because when bitcoin drops, altcoins drop harder and when it grow up, they recover faster.
It may be depending on the fluctuation in market but as you are saying that when the price of BTCs goes down, altcoins go more down and vice versa which means altcoins’ price is depending directly on the price of BTCs so there would be no loss or no problem if one sells his alts and buy Btcs with them because BTCs has more worth than alts so it will give more profit in future. 
newbie
Activity: 25
Merit: 0
I don't think that to sell altcoin will give us much bitcoin especially if the altcoin price is down like today because the amount of bitcoin that we can get is reduced. maybe it's better to hold the altcoin that we have until the altcoin price is back to increase again so if we sell the altcoin, we can get much bitcoin and we can wait for bitcoin price is back to increase to sell the bitcoin.
full member
Activity: 798
Merit: 104
Yes i really approve this kind of strategy, which is also my goals for the promising value of 2018 which my goals are collecting holding BTC coin in a preparation for future bigger earning. Otherwise this is not a choice for a diehard funs of Altcoins too. But for me bring as good opportunity to increase the profitable earnings once the market takes to the moon.
newbie
Activity: 72
Merit: 0
bitcoin still be the best choice, I suggest you keep investing in btc, but if you excess capital trying to invest in altcoin there is no harm in anyway there may be more profit opportunities in altcoin though I also still doubt because most of altcoin still berpatokan price on btc
hero member
Activity: 2282
Merit: 795
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 if you have acquired altcoins and you saw that their prices have increased overtime.
Personally, I find the method useful as you are maximizing and diversifying your investments by investing not solely into bitcoin but you explore other options as well. Only sell your bitcoins/altcoins if the prices are higher from what you acquired them in the first place. Investing into bitcoin, on the other hand, may be considered as a short or long-term investment since its volatility is remarkably high. Depending on the market outcome, you may sell your bitcoins on the spot if you saw that their price skyrocketed, despite having a long-term goal on it.

It is good to own some bitcoin but I don't recommend selling all your alts to buy bitcoin. Bitcoin could rise to unprecedented levels but some alts are not expensive at all and could increase a thousandfold. Get some bitcoin and get some alts too.l

The key into investment is by diversifying your resources by not investing into just one method. If you want to maximize your profits, you need to explore other options by investing into multiple methods available. Focusing into cryptocurrency alone may be relatively good as their exist a broad spectrum of choices but other investment mechanisms should be considered as well (i.e. stocks, gold, real estate, etc.)
jr. member
Activity: 197
Merit: 1
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
Are not. I will never sell altcoin to buy BTC. Maybe 2017 is the year of bitcoin but not sure if 2018 bitcoin will burst again. altcoin will be able to earn x3 or x4 assets at any time easily
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