Topic: I feared new altcoins might be left out - page 11. (Read 2054 times)
No one knows if what or how or when altcoin will survive or go along with the rise of bitcoin what we only know according to history was if there was another bullrun altcoin will do the same path with btc but time changes its not always be the same as before so we have to prepare and choose the best strategy we can gain profit.
Your decision to go for bitcoin leaving behind altcoins is very good. In fact, this move of yours will get you to a position where you will get more profits in the coming days as bitcoin halving is coming in. I think bitcoin will reach somewhere between $15000 and $16000 in the next three or four months. So buying bitcoin at present is very much good step.
Withe the little surge from bitcoin since few days now only bitcoin forks benefits the most and i can't see a single new coin surging, what a shame, even interesting projects from binance lauchpad stood silent, this bull run have passed on a message to investors that not all coins will surge
I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
New altcoins are like double edge sword it might hook up with bitcoin price trend or go in the opposite of it.I won't take risk of holding new altcoins so you made the smart move.
I think you already do something right, sell new coins and switch it become bitcoin. New project can't guarantee to get survive but old coin have it. Replace our money into old coin/ project is realistic choice and if we have enough fund, trading or investment will become our new journey. I have no fear about new coin is dump or pump because the real problem is bitcoin movement, in this part negative move can make new coins dying and never came back again.
I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
IMO if you're holding a well established altcoins then there's nothing to worry because even these coins cant soar high despite of bitcoin surging in price, the time will come for them to have their own season. Sometimes alts are not always following btc, just like on 2017 after btc bull run next is alts season on early 2018 wherein most alts are pumping.
Yup, the fear of the market will be there when BTC going up again. But doesn't that prove that nature will take its course? Only a real project will be going seriously about their progress, even if they don't concern about their price at the market. Just like many alts keep coming and the price keep going low after the launch. But still, it had many many opportunities since BTC is the king and alts as followers. If they keep their progress I think many investors would jump to their tracks.
This is the power of free market, people will freely choose which coin they will use. Not government or another authority that push you to use money that you don't want.
The surge is just starting don't be too quick to sell your tokens hold you might get more bitcoin while holding for sometime still.
Right, now almost all altcoin and bitcoin are experiencing good price spikes, so it doesn't hurt if we all hold some altcoin and bitcoin in a few moments, and who knows in February there will be a big surprise in the crypto market.
We already have many good estabilished coins that constantly developed their product, they have much more developers and bigger fund then start-ups so why you still think that these start-ups could win? 
you said it wrong .
on the year 2017 altcoins did pump along with btc . and now knowing that btc is now rising again , the same faith can happen to alts so why did you convert them ? but its okay becuase you only convert them with btc and not selling them directly for cheap price but you only loose some percent due to trading fee . dont fear once you start hodling coins, instead have faith with them .
on the year 2017 altcoins did pump along with btc . and now knowing that btc is now rising again , the same faith can happen to alts so why did you convert them ? but its okay becuase you only convert them with btc and not selling them directly for cheap price but you only loose some percent due to trading fee . dont fear once you start hodling coins, instead have faith with them .
The surge is just starting don't be too quick to sell your tokens hold you might get more bitcoin while holding for sometime still.
I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
Good move I shall say!If you do hold some coins specially non on the top of CMC rankings then its just wise to convert them all to btc.
As we approaching on halving we cant be sure if alts would follow the trend or would deeply dips down and
btc dominance would go higher.In the talk of risk level then its better to secure your position on btc.
not too bad, reducing the current altcoin portfolio and holding an altcoin that you think is appropriate is the right choice. because, not all altcoin will be able to follow the trend of bitcoin as happened in 2017. There will be a lot of drama that happens like panic selling, cutting losses, and immediately switching to bitcoin. but not all new altcoins will suffer bad luck, the community and the market will determine.
Definitely it might happen because some of the altcoins lacks of volume or no volumr at all and even thou someone bought a lot of it, still no one will buy since trader could see it as a bait to pump the specific coin/token which will they will be left behind of no one will bought back.
That is why we need to only choose an altcoin that we think it could give us a profit in the future.
That is why we need to only choose an altcoin that we think it could give us a profit in the future.
I do not think new alt coins might be left out because when the price of bitcoin rises up, it will have an effect on the altcoins price also that might lead for them to rise up even more. It is sure since the altcoins price is dependent to the bitcoin price. If the new altcoins will be dump, that is temporary but sooner or later it will also rise up.
yes, Bitcoin will leave altcoin for a big jump. when Bitcoin reached the highest increase, at that time altcoin was being abandoned. but after that, altcoin will follow the rise of Bitcoin. as you say. Last 2017 events, in my opinion it will be repeated again. but with new ATH. so, if you hold the best altcoin. stay to hold. altcoin increase can be greater than bitcoin.
I personally don't think all the new altcoin would be left out, if there's a bull run. It's basically dependent on the project in question and the trust they've gathered from their community. Exchanging your new altcoin to Bitcoin is not a bad idea as bitcoin is a better store of value.
It is true that not all new altcoins will be left out, but I think most new altcoins will slowly disappear if they cannot make progress with the projects they are carrying and if they do not have a community that believes in the projects they are carrying so I think for the time being it's hard for a new altcoin to survive and deciding to sell and invest it into bitcoin is a very good decision.
I just don't want to take the risk when holding for too long for new altcoins, even though they have the credibility to grow but I guess it's a gamble that basically anyone can choose which is better. But for me personally, it would be better to sell it immediately when they have a decent price, on the other hand I still dare to take the decision to hold the old altcoins but with the popularity that has declined, and I just hope the coins will surge high when the market is bullish and again I still believe in their projects that continue to work for the better.
Ive noticed that the one increasing are those bitcoin forks such as Bitcoin cash and Bitcoin SV. Though other altcoins are also on the move such as binance, eth, neo and those only on the top coins on coinmarketcap. I think those new altcoins are still on risk of dying out since people are focusing on buying major coins such as btc which I believe the right thing to do. As an investor you should know where to put your hard earned money.
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