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Topic: Do you approve this strategy: sell alts buy btc? - page 43. (Read 3375 times)

full member
Activity: 297
Merit: 100
If I would consider about selling my BTC I would exchange it only for something great like Sparkster ICO coins... they have Sparkster Decentralized Cloud with our apps functioning on that
sr. member
Activity: 504
Merit: 250
No, I'm not a supporter of such a strategy, in altcoyins, too, there are pre-war coins on which you can earn
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
I believe each coin will have some value too, its just that they were needed to develop and grow and become potential coin and if the value of bitcoin rises these coin too will somehow have a chance to have their names in the market and become big hit.
full member
Activity: 364
Merit: 103
I do not fully agree with that opinion, because there are so many alt coins that arise and a lot of potential and also the advantages that may be more than btc, only me of them is not or less familiar to the community and investors either new or old investors, it's just that they must wait for time, and the incidence of btc prices fall to the very moment and most likely will change the investor map so that it can and can be an alternative for disappointed investors.
I try to predict one to two years ahead there will be a competitor to balance btc as stability guard and the dynamics of the crypto world
thank you may be useful
full member
Activity: 630
Merit: 102
As an investor in cryptocurrency it's more  profitable to have both bitcoin and alternative coin in your portfolio. It is only people that are not ready to take risks that have only bitcoin.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
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 one really knows what the fate of every coin or token will be in the future. This is a suicide strategy, if we try to realize the market at its current state some altcoins are independent and making organic growth. Not putting all your eggs in one basket will make your investment grow and can minimize losses.
newbie
Activity: 113
Merit: 0
Alts directly depend on BTC. The common trend for both is always the same. But the trick here is when it's green, BTC can add 10% tp its value, qhile some alts can make you 200% and more, so I don't approve such a strategy
hero member
Activity: 994
Merit: 504
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 would still try to keep both. I would diversify it into alts and Bitcoin all the way since they have a huge earning possibility when they pumped up.
member
Activity: 406
Merit: 19
Currently the coins I hold are bitcoin, ethereum and neo, in the slightest I don't think to sell my altcoin to buy bitcoin, I will let it be there because I feel confident their price will grow along with rising bitcoin prices.
newbie
Activity: 2
Merit: 0
intranet
full member
Activity: 493
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
for now I think it's not a good strategy. because bitcoin prices since the beginning of this year until now fall steadily. I think it's better now to invest in altcoin. altcoin has the potential to rise like bitcoin. Good altcoin is now ethereum, dash and litecoin.

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
It will become better if you buy bitcoin and buy altcoins because the altcoins are now down which means that it is a good opportunity to buy them and do a shopping spree because when the price of bitcoin will go up then the price of the altcoins will go up too which is a double profit for you because you will be profiting in altcoins and also in bitcoin.
newbie
Activity: 135
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 do not sell my alt to buy bitcoin because it's not good according to my strategy. If you want to invest in bitcoin, buy it with your money. I only sell alt when I need the rest of the money I hold my alt until the price increases.
member
Activity: 350
Merit: 12
Yes i may sell some but not all.I may sell some of my alts depending on bitcoin price.If it lowered its price then for me it is not bad to sell some alts to buy bitcoin because i trusted bitcoin much that even it flactuate its price, it still manage to recover again and again.
member
Activity: 420
Merit: 10
It is both good and bad ideas. In some situation, selling altcoin can be accepted and you can save your money. However, in some other cases, selling altcoins can make you suffer a huge loss or miss the opportunity to earn a great amount of money. Altcoins and bitcoin are both good. But if you know how to choose a good altcoin, it can bring you a better profit and bitcoin
Yes selling of alt will very risky because if you sell it then you will lose your money and also it will wasting of time so you should wait for its high price as same you wait for bitcoin because both are digital currency and that's why their price it also up and down so that's why you should take some patience other wise bitcoin is much better for investment.
sr. member
Activity: 451
Merit: 250
It is both good and bad ideas. In some situation, selling altcoin can be accepted and you can save your money. However, in some other cases, selling altcoins can make you suffer a huge loss or miss the opportunity to earn a great amount of money. Altcoins and bitcoin are both good. But if you know how to choose a good altcoin, it can bring you a better profit and bitcoin
sr. member
Activity: 742
Merit: 251
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

Many people actually do that because of the idea that Bitcoin still is  the best coin around that could give a person the best profit possible come the time it gains back what it lost after several dumps. However, I will not totally dispose all of my altcoins to buy Bitcoin because there are still some altcoins, like Ethereum, that is worth holding. And also, in this market, diversity is key, so it's better to have a couple of coins rather than just one.
In this market you can enter simply and directly that will lead you to the place you want and you can enter indirectly as suggesting by this statement. Selling Altcoin for Bitcoin is relevant as Bitcoin is the most profitable one and you can sell Altcoin for Bitcoin so that you invest in Bitcoin in a low market but remember as well sell the Altcoin in high market so that your investment grow some fruits.
full member
Activity: 490
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
For me, it depends if the altcoin is really potential why would you sell? But if your alt does not have potential then sell it for bitcoin and wait because I know bitcoin is potentially capable of mooning in the long run.
I am sure your alt won’t be better than bitcoin as now bitcoin at high demand and people are also thinking about selling all kind of alts just to get bitcoin, now a day price of bitcoin is getting better more and more and bitcoin is strongest compotator of other altcoins, bitcoin is high in price and It has huge profit for people who trust it and hold it for long time, I am sure you would be ready to sell alts for sake of bitcoin if you will know the real worth and price of bitcoin.
full member
Activity: 322
Merit: 103
It depends on the situation if i lost a significant value in bitcoin due to bear market and the decision came in it depends on how much I can save in the projected bear or how much I can profit in the coming bull, its a very complicated thing that needs a drastic decision that you've earned in the years of trading awarding skills that can help you decided on this matter.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
Accept the fact that altcoins are more of pump and dump and is producing profit for the day traders. I don't care if he's a pioneer in blockchain on Wall St.
Some will have an uplift eyebrows for just investing in bitcoin, you have your own strategy and the guy isn't forcing you to invest to bitcoin only. But as a long term holder bitcoin has been always reliable in terms of profit and growth for years.
Nowadays more coin release in the market place. So choose the best coin. Then invest. Bitcoin is king of all coin.
Why would I choose the best altcoin and just settle bitcoin next. I would rather choose to invest in bitcoin first and let it happen if there will be an altcoin that will get my interest.
It depends on the quality offer, the status and background of altcoins, and market condition. I think there are also a lot of altcoins that have so much potential for trading or investment. So, what we can do is to do research on best altcoins, with strong team and project, and is profitable. If we find the best altcoin and feel it can give huge profit and worth holding, it's better to hold and sell it at appropriate time. I don't see any problems engaging in good altcoins while doing same thing with Bitcoin. Bitcoin as the leading crypto is more stable, but sometimes I think we need to also explore and diversify, because admittedly, not all time bitcoin is in good condition, and so same thing with alts.
I know that there are altcoins that has the potential but we've been saying this all of the time. And each coin that does have a good volume and developers, we've been labeling them with that tag.
The problem is that few coiners are depending on their way of putting up a standard and most are depending to the voice of the crowd when it comes to what's the best.
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