Topic: Dump the alts - page 4. (Read 1733 times)
Why choose between bitcoin or altcoins? It is not useful to group and treat all these coins as one investment category. There are plenty of top quality projects so better to hold both bitcoin and top altcoins.
The good altcoins are starting to gain momentum as well. With the current market situation, I think people will hold a little longer and wait for its peak and starting dumping right away. This is a good chance that they make a profit from investing but it should depend on what altcoin are they holding.
Seeing the current market cryptocurrency are very interesting. Almost its price has been increasing, I see the avarage increasing price up to 10% on the top position especially NEM. As you may know the price NEM is increasing almost 30% based on coinmarketcap. But I don't think this situation will continue especially for altcoin price, its price is very susceptible with manipulation, because it could be now the price is increasing 30% but after that the price can fall more than 30%. Different with bitcoin, there is a little to be manipulation and its price will goes down if there is negative information comes. Seems like I'll agree with you, hold btc and leave altcoin if you aren't sure the price will keep on the right way.
many altcoins are confident that they will fly when bitcoin grows, but in fact many of the altcoins fall when bitcoin flies.
Bitcoin growth has not had much effect on some altcoins.
Bitcoin growth has not had much effect on some altcoins.
Quote
Maybe now (and a little earlier) it would be good to sell altcoins for Bitcoin. But now it is difficult to do. BTC has already grown strongly. The correction may start at any time. This may cause some altcoins to rise to BTC.
We have still time for Bitcoin investment because again little drop in current market but it will forward at anytime. So those are active in crypto market they will earn good profit in Bitcoin and altcoin, But raising percentages from both are different so better you can buy Bitcoin is the good decision.Quite a strange situation, to be honest. Bitcoin is growing, shows some dynamics, and altcoins are flying down, and so confidently and strongly.
It is a situation seen many times before. Looks at the past 4-5 years. There were many periods with Alts going down and BTC going up. Often at the end of the BTC rally the Alts see a rally against BTC. The problem is nobody knows how long the current rally will last and when the roles will be switched.
Quite a strange situation, to be honest. Bitcoin is growing, shows some dynamics, and altcoins are flying down, and so confidently and strongly.
I myself was surprised that the cost of altcoins has been declining for several weeks in relation to Bitcoin. As far as I know, altcoins have always sought in the Wake of BTC. I'm not an expert, but I think this means that the value of Bitcoin is growing because of the pump and very soon it can collapse.
If I am not mistaken, ETH has gained some value in the past few days. It is above $200 and looks great to speculate in. In addition, the rise in Bitcoin could be instrumental in raising the demand for THE as well because people generally think about ETH as the second best asset to speculate/invest in after Bitcoin which means that a rise in the demand for ETH will rise the prices as well. 
maybe this is only for a few moments because it's been a long time since the price of btc hasn't moved, so many sell alt for bitcoin investment, even at low prices, plus alt.coin prices don't show any movement in the btc starting to grow, like panic selling. without knowing the actual altcoins they can have greater profit potential, everyone has their own decisions
No i won't do that because the market is showing green light 
and things can get better from here out
Which green light are they showing, they are showing green light still based on Bitcoin bull run and moreover, the only coins that are showing green light are the ones that are within the top 20, which are still the major coins that will moon when the alt-season comes. and things can get better from here out Other alts doesn’t have much to offer again, so it is best that one sells them to Bitcoin for the main time to make more profit from BTC, if at the end of the day, they are still trying to show signs of increase when the alts time comes, then we can manage to make some few more investment in those alts that are not in top 20, which I see as being risky.
It is not unwise if we will sell those crap Altcoins because we need earnings not loyalty to those altcoins that looks likes no future at all specially that their team is looks like they abandoned the project. Therefore i suggest that if you still want true earnings with the Altcoins then choose only the best Altcoins with products that are feasible to the masses as it will attract more people to invest.
I think it makes much sense. Why to waste a solid opportunity of making profit with bitcoin for a profit that may happen and may not happen with altcoins? Bitcoin we know that has a future, we can't say the same about many altcoins.
Even if you think the profit with btc is low, don't risk your money with altcoins, at least you know you are going to profit with btc for now, it's warranted.
Even if you think the profit with btc is low, don't risk your money with altcoins, at least you know you are going to profit with btc for now, it's warranted.
I agree with you only maintaining altcoin in the top 10 CMCs that will grow for the time being, but that doesn't mean there's no possibility that all altcoins will grow like the previous bullrun ...
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.
Most of the bitcoin holder is greedy they quick sell their bitcoin, until some of people didn't understand well and use patience they panic and want to earn quick.
At this time altcoins will also become better stay cool and relax we all here to grab the opportunity of this price increase but stay your patience is already starting point of crypto bounce in the market cap.
Anyway, I do agree with the OP at some point. Most of the alts are not really worth holding. No matter what happens, bitcoin will survive but alts? The chance of being abandoned is very high once the developers got their pockets full. As you can see, hundreds of alts are dying yet bitcoin is still here.
This is not a flood, this is a valuable hint, now it’s really better to convert your coins into Bitcoin or Ether, since in relation to it it will fall, and these 2 cryptocurrencies will grow. I hope the growth will be great
Agree, sell alts that has no really value in the market and better hold btc. I believe in these two coins that it will going to grow these year. Better hold btc since price is growing and I believe in the coming months btc can reach the ath hopefully. 
if you look around, long-term investment in altcoin will be more profitable than bitcoin because the price is cheaper and if you experience a significant increase you will be able to get multiple profits, but unfortunately, not all altcoins have good potential in the future.
in the current situation, only Bitcoin is clearly not doubted for its growth even though it has experienced a very deep dump but is able to return its value to its highest figure, but all of that must patiently wait a little longer.
You are only looking at the comparison between bitcoin and all the alts that have become successful over the years, but if we consider as well all the altcoins that have failed over the years and all of those that will fail you will find that when you average their results that the profits are many times lower what you could have gotten with bitcoin, to be honest the only reason I invest in altcoins is to multiply the amount of bitcoin I have and I am sure I am not the only one that thinks like that which explains why no one cares about the possible applications that alts may have since they are only looking to make bitcoin with them. in the current situation, only Bitcoin is clearly not doubted for its growth even though it has experienced a very deep dump but is able to return its value to its highest figure, but all of that must patiently wait a little longer.
This is not a flood, this is a valuable hint, now it’s really better to convert your coins into Bitcoin or Ether, since in relation to it it will fall, and these 2 cryptocurrencies will grow. I hope the growth will be great
No need to say haha we having sold our alt for the btc increase but of course not all are doing this but this is mostly done by many by this situation, its good to hold btc now than alts.
I still have faith on the altcoins that im hodling, just waiting for the altseason before dumping them and get good profit even it takes 2 to 3 years
Jump to: