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. 
Topic: I feared new altcoins might be left out - page 12. (Read 2054 times)
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.
For me it depends on the type of altcoin you hold, if the altcoin still exists at the time of the bear market why can't it stand at the time when bitcoin gets ATH ??
Of course every movement is not really predictable but at least statistics can be a guide for you when making a decision.
If that altcoin is held by everyone, it will certainly be an investment you should consider because the project is definitely still working well and makes investors feel secure. Of course every movement is not really predictable but at least statistics can be a guide for you when making a decision.
Conversely, if the project does not have any news and the value has only decreased, then certainly there will be no investors want to buy that coin. Crypto market is very harsh and only people with good knowledge can exist in this market.
at this time the performance of some altcoins is indeed bad and it's true that you say if some new altcoins are abandoned by the team, selling some altcoins that have no potential is the right choice
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Bitcoin reaching new ATH could also mean the increase in its dominance which automatically also means smaller capital left for all these altcoins but it will act as a natural selection and the altcoins that's still able to survive will also gain benefit of bullish market. New altcoins or project might be left out but only those that are garbage projects or alts. Bitcoin dominance increasing also doesn't necessarily mean those altcoins will be crushed.
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
I think you have made good investment decision to sell shitcoin and then buy BitcoinI myself agree that good investment today just for buying Bitcoin
You just buy altcoin when altseason happen like end 2017, that's the time which can easily to get profit from altcoin
If not, then it's not really worth it IMO
For me it depends on the type of altcoin you hold, if the altcoin still exists at the time of the bear market why can't it stand at the time when bitcoin gets ATH ??
Of course every movement is not really predictable but at least statistics can be a guide for you when making a decision.
Of course every movement is not really predictable but at least statistics can be a guide for you when making a decision.
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
in my opinion it was the right decision because I also did the same thing as you. I haven't held a new altcoin for too long because most of the new altcoins don't last long on the crypto market. so I also sell my altcoin for bitcoin. at the moment I only hold the top altcoin hold. I believe the top altcoin still has a chance to pump when it's a bitcoin pump.
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
Not all altcoins are doomed to fail. Many high ranking altcoins survived the market well and manage to be still useful and relevant nowadays. There is no point to argue whether what you did is right or wrong. If you prefer Bitcoin today, then so be it. But bitcoin is not alone, many other crypto goes up and down depends on the market factors.
yes its really depends on what altcoin you are talking about, if the altcoin has a real bussiness with real case use nothing to be afraid of, thats the problem of most people, they are only looking the price in short period of time, you should focus on the project it self that might be benificial in the long run and i agree that 50% of your invest should be put to bitcoin.
Investing in new altcoins have higher risk comparatively, so your decision is the best at the moment. If I were you, firstly I am very selective when it comes to investing in new altcoins, hence any I invest in, I just invest what I can afford to lose. In essence, I would have left my investment in any altcoin I make up my mind to invest in, unless I perceive scam.
Many altcoins will not only be left behind in price growth when bitcoin starts it massive aggressive movement, they may just never recover again due to lack of fund for proper development and lost of idea on how to sustaining the project. It will wise to stay with bitcoin and some very few good projects.
It really depends on the quality of the project i mean if the alt you are holding is backed by good practical project and the team is working efficiently and proactively on all its aspect then i think such alts will also give good move in the bull market, if a project is not much practical then it has chances of failure.
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
The altcoin market looks too saturated for the new coins to make an impact. In case a coin goes down by 80% or 90% upon its listing, there is hardly any chance of a recovery later. In such cases, I'd recommend the user to sell these coins for either BTC or ETH. And what happened in 2017 is not going to repeat in 2020. Back then we had too many immature users, which is not the case now.
I'd expect that altcoin ratios against Bitcoin will also rise in the event of another major bull run like with what happened in 2016-2017, but converting your holdings to Bitcoin is certainly valid, though one comment I would make is that you might want to spread out your holdings into other major altcoins as they're also prone to rise along with Bitcoin if anything happens. If your goal's just to make more money, you'll see a rise either way in USD or whatever fiat currency you're measuring your gains in even if alts don't significantly surge against BTC and Bitcoin rises.
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
Just remember the time when the altcoin started. You may know that when the halving took place in the back 2016 and after that the price of bitcoin started to increase as fast as possible and this also gave a boost to the price of all altcoins. So after this coming halving it is 100% expected that another bigger altcoin season will come. Indeed Bitcoin is the main asset you must have, but you can also allocate a few percent of your assets to altcoin. Because there is still altcoin in the top 100 coins, which promises in the future, so it all depends on the altcoin you hold, worth it or not, hold or leave.
I agree, also having bitcoin alone is not a good idea. Recommendations here by majority is that to diversify your current holding into different crypto as they as well make major movement. Besides if bitcoin were to go down and the other in the top list goes up you won't get the possible benefit you could have since you chose to let your holding be in bitcoin alone.
I do not think that new coins will fall. if the bull market will really begin now then the new coins will start to grow very high in price but this will happen after all the old coins will grow. new projects that have survived over these two years will show great updates and people will pay attention to them.
Take some time to investigate them thoroughly. Whichever will not benefit you in the future, it will be more profitable for you to change them to btc. In fact, the new project market has been in a very bad case lately, but the market situation had a big share in this matter. That is why I suggest you research, if some of them are good enough to reach a significant point, do not sell them under favorable conditions.
Let's always make time to check the development, what are they doing so far, what they have made in order to rise again, and if we think that they have done nothing and no plan at all that they just rely on exchange or in their investor then it is up to you if you will still continue to hold or you will sell it while you have still have chance.
Take some time to investigate them thoroughly. Whichever will not benefit you in the future, it will be more profitable for you to change them to btc. In fact, the new project market has been in a very bad case lately, but the market situation had a big share in this matter. That is why I suggest you research, if some of them are good enough to reach a significant point, do not sell them under favorable conditions.
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