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Topic: Dump the alts - page 5. (Read 1733 times)

legendary
Activity: 1904
Merit: 1277
May 15, 2019, 10:12:38 AM
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.

I do agree that price increases in CoinMarketCap can be misleading for low volume coins - if a coin is 0.001 BTC, and BTC rises 10%, then with no trading on that low volume alt then that also rises 10% in dollar terms because it stays at 0.001 BTC.

But I differ a bit with regard to BTC and top alts. I think that any big crypto bull market tends to start with BTC rising fast, then BTC slows down and the good alts start to increase fast... so maybe my strategy is buy BTC as soon as it starts moving up, then once it slows switch to ETH/XRP and so on.
hero member
Activity: 1120
Merit: 554
May 15, 2019, 09:54:24 AM
Alts are now starting to pump as bitcoin drops.  Ripple is up over 20% and Ethereum has gotten a nice boost as well.  How long this will last is anyones guess but I have a feeling bitcoin will test the $6k level again.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
May 15, 2019, 09:53:49 AM
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.

the point is hodl only a solid project with active developments inside the project right ?
yeah, if we talk about the price on usd terms, most of altcoins will increase, but when we see the price in bitcoin terms, the price was down
thats normal, because we know if bitcoin price rising, a lot of people will convert their altcoins to bitcoin and thats why a kind of shitcoins will dump hard even dead, only a solid altcoins will survive even groth a little bit
full member
Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
May 15, 2019, 09:38:20 AM
I partly agree with you, this is the time to dump everything, alts, wives, kids, houses and even your mother to buy bitcoins!!!
Lol, I think it's too much, even though Bitcoin has a good increase, but if we have to sacrifice all the altcoins we have, I don't think it will be effective because there are still many altcoins that are still red and we must avoid selling with losses.
legendary
Activity: 1568
Merit: 1031
May 15, 2019, 09:23:59 AM

If you read the thread, you would've understood that I'm not referring to strong coins like ETH, but yeah, I doubt ETH will be 400$ anytime soon. At least, not without BTC increasing as well so If you're referring to a flippening like some people are, that's unlikely.
member
Activity: 630
Merit: 10
May 15, 2019, 08:58:07 AM
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.
I do agree with you on this comment you have made.  Bitcoin and ethereum will always be favored when the crypto market is recovering.  If you have decided to dump all the altcoins I will advise that you hold ethereum , bitcoin cash and ripple out as there are definitely going to recover in no time.
it's true bro Now the altcoin movement is very slow whether investors sell their altcoin assets In order to move investment into bitcoin, and I think the best investment is bitcoin Dan ethereum
member
Activity: 490
Merit: 17
May 15, 2019, 07:14:24 AM
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.
I do agree with you on this comment you have made.  Bitcoin and ethereum will always be favored when the crypto market is recovering.  If you have decided to dump all the altcoins I will advise that you hold ethereum , bitcoin cash and ripple out as there are definitely going to recover in no time.
legendary
Activity: 1750
Merit: 1004
May 15, 2019, 06:42:46 AM
In fact this is the part of the game first spread FUD altcoins are going to zero and buy them on cheap price and than create FOMO and let newcomers to buy again on more high prices. This is very common drama which is happening at moment last month altcoins were on fire and now BTC doing the same job. I hope this rally will get started soon.
full member
Activity: 616
Merit: 100
May 15, 2019, 06:34:43 AM
if disposing of altcoins that are not included in the garbage project from ICO seems to be a mistake, bitcoin has increased and now everyone has also been trading their altcoins to wait for the altcoin party.
Altcoin partying will begin soon. Maybe now there is not much of growth. There is more chances for a big growth with altcoins. Some has already sold and invested into bitcoin which is a good choice, and now small downturn is happening with the price of bitcoin is taking place. We may experience a big growth by this weekend.

Yes! In fact I think its has already started but there will be some exceptions in which I think that some projects that has not performed well in terms of development or have not shown results during the previous bear market will not enjoy significant gains during this bull period. Imho,
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
May 15, 2019, 05:32:35 AM
if disposing of altcoins that are not included in the garbage project from ICO seems to be a mistake, bitcoin has increased and now everyone has also been trading their altcoins to wait for the altcoin party.
Altcoin partying will begin soon. Maybe now there is not much of growth. There is more chances for a big growth with altcoins. Some has already sold and invested into bitcoin which is a good choice, and now small downturn is happening with the price of bitcoin is taking place. We may experience a big growth by this weekend.
hero member
Activity: 1540
Merit: 507
May 15, 2019, 05:32:27 AM
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.
Buy when the price was reaching the peak price? i think you are joking even when you say that will even better and buy at the peak price is too risky. remember this when someone sell his alts to get into the bitcoin bull and he will be loosing his funds caused by the whales are dumping it and get back to altcoin, when that guy dump his bitcoin for altcoin and then whale move from altcoin to the bitcoin. this is really difficult thing to speculating about where market will go.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
May 15, 2019, 05:11:55 AM
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.
member
Activity: 658
Merit: 11
May 15, 2019, 04:59:05 AM
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.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
May 15, 2019, 04:57:18 AM
if disposing of altcoins that are not included in the garbage project from ICO seems to be a mistake, bitcoin has increased and now everyone has also been trading their altcoins to wait for the altcoin party.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 15, 2019, 04:12:07 AM
Thanks for the concern, but I am not dumping my alts anytime soon.
The marketcap increase due to the main effort of bitcoin, we can easily see that as the dominant rate have increase significantly also.
Altcoins are down even more than 10 times, dumping it now is a bad idea, HODL does not only apply in Bitcoin but in altcoins as well.
Anyone that really saw what altcoins performed in their last bull run will really find it difficult to dump their coins, from 6 altcoins, I have gotten over $20,000 when the last alts surge occurred, but that was then, before projects became too much in the market and that was the time even bounty campaigns were really paying.

During that time, $1500 gotten from a campaign could multiply to about $7500, but now even if the alt season comes, people will spread their investment evenly and not concentrate it on one particular coin that would make the coin see extra ordinarily increase in its value, so for now, it’s best to still dump them for BTC and we can later invest back during their time.
member
Activity: 574
Merit: 14
May 15, 2019, 03:06:26 AM
LOL, if you take such advice from anyone does not matter who is and sell alts for btc, what is gonna happen you know? Alt season will start and repeat that till you many coins to whales.
yes I like the thought of you master. the results of my fields are a lot of altcoin investments. selling altc for BTC is good. if the price of bitcoin goes up significantly all altcoins will follow their potential even though it is not high. and it has taken advantage of altcoins
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
May 15, 2019, 02:36:07 AM
altcoin doesn't look positive this time despite market up conditions especially for bitcoin, I don't know why this is the case, now we can only see and wait until the altcoin follows the bitcoin pump
hero member
Activity: 1904
Merit: 510
May 15, 2019, 02:35:26 AM
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.



well this is good for some people who lack understanding and experience in investing or trading.
I don't think that all altcoins will grow to be mostly shitcoins that the developers are dumping. Bitcoin has grown in recent weeks but this will not make most altcoins follow its growth.
legendary
Activity: 2618
Merit: 1181
May 15, 2019, 02:28:06 AM
I think this  is not fraud. But beside of all, we must think to make ourself profit. If think about other altcoins that get dumped and it not grow again, well it is depends on developers who behind it. And traders naturally do something like this, any strategy to make profit.
hero member
Activity: 1190
Merit: 541
May 15, 2019, 01:46:11 AM
Lolz seems like you are here to cause bad business for the new altcoins the market if not how can you be advising people to dump their coins, lol… doing that will lead to most altcoins falling and stopping business. Well, right from time I don’t even have the time for those poor coins , my choice has always been the top coins. It’s even difficult to find the top twenty in my list. I mainly choose and invest from the top ten on coinmarketcap list. And right now the only coin I have is Bitcoin and I have been able to make good profit since the price has been going, like about 20% or so.
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