Topic: Do you approve this strategy: sell alts buy btc? - page 39. (Read 3360 times)
I agree with you, have only bitcoin is not good, because there are a lot of altcoins with a good project, that you can invest on them and maybe the better way is when you have bitcoin and have other cryptocurrencies is good too.
I will buy Btc, more and more. Bitcoin has a history, true history. Altcoin following bitcoin and can be scam. For a better ways I will always keep and buy BTC. I will buy altcoin if their project is good and has a strong team and community, has a value grow. But I will spend just a little money to altcoin
I do not approve this strategy. Although bitcoin is a good coin, there are also many good altcoins. Therefore, dont throw away your treasure like that. Altcoins can even bring you a bigger profit than bitcoin itself. However, if you are holding bad altcoins, I think selling is the best you can do in here. YOu will lose your money if you dont sell them
Strategies can be numbers from one to one thousand, I'd number one to ninety-nine strategy is not working for you then try to do the others, since we have type of minds and types of ways to achieve what we have so it is really up to you.
If you are willing to hold bitcoin for a long time and do transactions with bitcoin, such as buying goods and getting the services of other people and pay them in bitcoin then you can use this strategy. I believe bitcoin is the most secure crypto asset anyone could ever have as of now. And the btc price currently is cool to buy.
People buy alts because some of them can yield you a 100x return while this would be hard for Bitcoin even at its current "low". On the other hand alts also bleed way worse than Bitcoin. So in a bear market in can make sense to go BTC only but just as a rule of thumb. there's always exceptions.
No, because the main altcoins and bitcoin are rising and falling at the same time, so it's pointless.
Yes when the price of bitcoin increases then altcoins price also increases but there are some altcoins which do not increase much but take care of that. But sometimes it happens that some altcoins decrease much lower and you lose a high amount and even in bitcoin you get a lower amount of bitcoin when you sell that altcoin so for the better security bitcoin is more suggested. 
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
https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
Umm,.. Nope, definitely not. Yes, bitcoins and other main alternate coins out there are a great investment if investors want to be sure and do not like the hassle of researching about various alternate coins and the developing teams behind them. But for me and for the others that don't mind the hassle? We prefer altcoins because they give greater potential specially for small investors to get more profits. I think a better thing to do would be to divide profits and spend half for main coins investments and the other half for the not well known coins that have great potential.
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, I also do not recommend it. Because I will not sell all the Altcoin I have just to buy and stay in Bitcoin. Bitcoin is very promising and profitable but many Altcoin also has good prospects for the future. So I will keep Bitcoin and also hold my Altcoin. I am sure I am not wrong choosing the coins I hold.https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
The Alts are at the lowest levels they can be. Selling them now and buying a bitcoin is not a very logical move. I need to wait a little longer. Instead of panic sales, you can get some nice profit.
I used to have a large number of of coins in my portfolio, but now I'm on the why to cut it to minimum. Of course I do not wish to stay just bitcoin, especially in the current situation, it really shows bad temps of growth, but to have Etherum, Waves and couple more coins in the portfolio is good time and money saving method.
I did not do that strategy, because if I invest in altcoin it is better to sell it directly to my country's currency. And if I invest in Bitcoin like that 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
https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
Bitcoin is the strongest crypto currency and bitcoin is more likely to survive than failures, and in other words bitcoin is the best coin among other crypto coins so choosing a bitcoin for investment is the best option.
Noooooo definitely not. I'm not sure if I would get any sleep knowing that all my investments are in one coin 
I cringe at the thought. Sure you could get lucky but I just prefer safe approaches.
I cringe at the thought. Sure you could get lucky but I just prefer safe approaches.
No, because the main altcoins and bitcoin are rising and falling at the same time, so it's pointless.
I would be in your place, now pay attention to the purchase of altcoins. Of course bitcoin will also grow, but altcoins will bring you X10 X20 X30 , but bitcoin can bring much less x2. So you think about it.
I would rather choose the reverse strategy. Now the popularity is gained by platforms based on the etherium. I think they will focus on the main development of blockchain technology in the near future.
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
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
https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
Now bitcoin is making a turn from the bearish mood in the bull up. And there will be a steady growth up. So now altcoins is better not to sell, but rather to buy. Since practice shows that after bitcoin prices for altcoins grow. for example bitcoin makes x2, An altcoins do X20. Think about where best to invest their money....
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.
This is true, that is why it does not make any sense to sell your alts for bitcoin right now, since the price of alts is very low because alts crash harder than bitcoin, so it is better to keep holding your altcoins and only sell them when the altcoin goes up in value or the whole market does and once the altcoins reach a high value then you can sell for bitcoin. Jump to: