Topic: Dump the alts - page 11. (Read 1733 times)
With a strong growth of Bitcoin, in any case, projects that work will grow. Now of course this is not felt but the bull in any case will shake the market.
Always safe to have a few million DOGE stashed away for a rainy day though
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BTC got dumped hugely for sometimes although it has revovered a little. Was it a short time correction? If so, I too think that this is probably the best time to invest in alt because the price of altcoin are low against BTC.
i am hoping that the current market situation is not a trap, this morning bitcoin went up to 7500usd down to 6800 this evening.. selling some alts in exchange to bitcoin is a good idea..
Yeeeesss, dump the alts when bitcoin dominance is just spiking higher and higher with not even a healthy uptrend, probably in will continue but in near future there will be more positvity in the altcoins market.
Altcoins are going to show their full potential during the next several months. I disagree with you and believe that holding altcoins on such a market could bring you much more benefits than only BTC holding.
I just want to say that this condition is far better than in the past few months. When bitcoin is priced at $ 3300, I had a little panic and tried to sell it. But I did not do it, because I am optimistic that bitcoin will go up and the results are like currently around $ 7,000. I do not know that this good condition will continue to rise or vice versa, but I will continue to survive and expect above the price of $ 8,000.
Yes we are often confused with the effect of rising market prices or vice versa, we must really be able to understand it if there is an increase that sometimes has a negative impact on other Altcoins.
At present the situation has reversed and Bitcoin has begun to raise prices again after falling for a long time. Make a wise decision because all the assets we have now have a great opportunity to trade.
At present the situation has reversed and Bitcoin has begun to raise prices again after falling for a long time. Make a wise decision because all the assets we have now have a great opportunity to trade.
You've got good points. Alts will only move up when BTC starts moving sideways. Today I saw a post by Binance to reopen deposit and withdrawal on Tuesday , and many people are of the opinion that it will boost altcoin market. Well, I'm holding a bulk of my portfolio in BTC, and 40% in some cool altcoins which are undervalued presently.
The bull run has opened up great opportunities for all, but majority of the increase we experienced is with btc. I've always heard that when bitcoin increases, most altcoin decrease. But this decrease may not be visible when the value of the altcoin is viewed in its dollar equivalent. Its best to invest more in bitcoin and ethereum in this season.
You have done well but what you have forgotten to tell us is when to exit bitcoin after selling all our alts. In this market, giving investment advice is very crucial and must be disseminated carefully to avoid being blamed for failures
I guess we should dump the alts when the price is right since its a little bit too early right now to sell them because all of them had severely dropped in price due to the recent bear market. The best option for alt hodlers is to wait for the right time when prices have recovered before selling it based on your acceptable price.
I think that the idea as a whole is correct, but maybe people do not quite care about prices at BTC, people may be interested in prices in USD, this is quite likely, especially if people do not adhere to the cryptocurrency world as a whole. I think that there is no point in selling anything at all, but temporarily.
All my experience tells me that when I try to make smart investments, it turns out the opposite, so I just diversified my investments.
thats right, i agree with you buddy
diversified your investments is a good idea in all market conditions because thats will reduce the risk of investing my friend
If you remember the market,then this situation is such that when bitcoin grows,it turns out that it first presses the Viola,and then it settles at the level of one,and then all the altcoins begin to grow very strongly and well,so I see that soon the viola will shoot strong
All my experience tells me that when I try to make smart investments, it turns out the opposite, so I just diversified my investments.
The liquidity of alts is fake. What you see on CMC are fake numbers. If their liquidity can be faked, their price can be too. You'll realize your mistake when you try to dump them at the top. Only a few people can do it and those usually are the people who manipulate the prices in the first place.
Stay with the most liquid BTC if you don't wanna get scammed.
Stay with the most liquid BTC if you don't wanna get scammed.
I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).
And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.
And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.
With the price of Bitcoin high, it could be the best time to buy promising alts. With the same amount of BTC, you can buy more amount of alts than you could have yesterday and as BTCs price is highly fluctuative, there are alts that shows higher degree of stability and return of profit.
I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).
And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.
yes it is the right choice for the current situation, the dominance of BTC keeps going up and alt alt down, it's time to sell altcoin.And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.
i think when binance opens the deposit alt will drop again.
I agree with you and i think with current market conditions and btc flying its better to hold btc or at max eth only because these two will be the first ones to boost when market sees increasing volume and fomo.
Will happen only if the prices of bitcoin increased too much from the lower bottom, current value might not reaches that much amount but already can see some dump on bitcoin as well for the last hours which is a sight of buying altcoins? Jump to: