I feared new altcoins might be left out - page 8.

ven7net

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

You know, I also have such a concern that altcoins may not show the desired growth, but will be used to support and increase BTC. In this situation, you need to correctly distribute the funds and I think you are right, you need to take part of the BTC. I also think that now it is very important not to get out of the race early and wait for the growth we need to make money on this.

MINISTR_E

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We have a good saying: an old friend is better than the new two. That is, I would not rely on the rapid growth of new altcoins, but it is better to wait for the restoration of the price of old ones.

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Quote from: aryana42 on January 17, 2020, 05:19:13 AM

Quote from: FireBallex on January 17, 2020, 01:12:03 AM

There is more opportunities in investing on new altcoins than old altcoins, i think old altcoins have already shown how far they can surge in last bull run of 2017, i prefer mixing old and new coins just in case and make sure you are not holding scam or shit project

Yes, it is better to mix old coins with new coins for now in terms of investment, but I would rather hold large amounts of old coins than new coins, although old altcoins have shown how far they can surge in bull increment.

Still depend on which altcoins you are investing, let's not practice doing investing a lot of altcoins because we wanted to have a lot of option, rather having at least just 5 but well searched and you are confident with it will give you more profits rather than having more than 10 which you don't know what they are capable of.

Kvalentine

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Many new altcoins will bring the highest profit to investors because of their better features, project like origin protocol and liquiddapps is something fresh and stay away from new projects with old features and you will be fine

aryana42

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Quote from: FireBallex on January 17, 2020, 01:12:03 AM

There is more opportunities in investing on new altcoins than old altcoins, i think old altcoins have already shown how far they can surge in last bull run of 2017, i prefer mixing old and new coins just in case and make sure you are not holding scam or shit project

Yes, it is better to mix old coins with new coins for now in terms of investment, but I would rather hold large amounts of old coins than new coins, although old altcoins have shown how far they can surge in bull increment.

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Quote from: BlackFor3st on January 17, 2020, 02:31:37 AM

Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

Your strategy is not that bad but I suggest that you at least put your investment into more than 1 coins/altcoins. But forget about the new alts and make sure to invest in at least top 5 currencies.

They are more safer compared to new alts and they also reach a new ATH the same with bitcoin last 2017 like ethereum.

indeed many altcoins in 2017 could experience price increases because cryptocurrency conditions are currently good and many use cryptocurrency as one of the transactions that is often used, but when there are many cases of fraud, scams and cryptocurrency theft cases then all cryptocurrency prices including bitcoin prices collapse immediately and many are panicking, so to make the price go up again it is very difficult to happen because the trust of traders has been lost.

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

Your strategy is not that bad but I suggest that you at least put your investment into more than 1 coins/altcoins. But forget about the new alts and make sure to invest in at least top 5 currencies.

They are more safer compared to new alts and they also reach a new ATH the same with bitcoin last 2017 like ethereum.

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Quote from: FireBallex on January 17, 2020, 01:12:03 AM

There is more opportunities in investing on new altcoins than old altcoins, i think old altcoins have already shown how far they can surge in last bull run of 2017, i prefer mixing old and new coins just in case and make sure you are not holding scam or shit project

No way , im just give up with new coin
Im just investing with old coin maybe for next Q3 i can research for new coin and i wish can found good project there

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

Actually I do the same as what you have been done in which I already sold some of my altcoins in exchange to buy bitcoins because it will be a hard lost if we will be able to left out some of my altcoins so I started to sold and trade it for a better profit than the normal. This probably the main decision will the others do if they are afraid to lose a very large amount of money, and as usual all of us are afraid on it so better if we will just sold and exchange it to a better coin that we all know can air anytime like bitcoin. That would I have done if I will go or step in your position.

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Quote from: FireBallex on January 17, 2020, 01:12:03 AM

There is more opportunities in investing on new altcoins than old altcoins, i think old altcoins have already shown how far they can surge in last bull run of 2017, i prefer mixing old and new coins just in case and make sure you are not holding scam or shit project

Mixing is a good options since there's still possibilities that both will performed. And like what you have said new projects are able to materialized
if there's good back up and real usage while old projects that already have big communities and performing can top up to previous peak and bring
huge benefits to your investment,.

FireBallex

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There is more opportunities in investing on new altcoins than old altcoins, i think old altcoins have already shown how far they can surge in last bull run of 2017, i prefer mixing old and new coins just in case and make sure you are not holding scam or shit project

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Quote from: michellee on January 16, 2020, 03:07:46 AM

Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

That is a risk that you should realize when you invest in crypto. There is no 100% guarantee to see the coin will be staying in the top price or will survive in the crypto market. All you can do is analyze more, and more so you will know what you should do, and if you think that the coin will not survive in a long time, you can sell it at any time but make sure you can sell if the price can be higher as your buy price so you can make a profit.

We can never have profits without any risk. There always is a risk factor which remains constant no matter in whichever coin we invest. Even investing into bitcoins or any such major coin can be riskier if you made a purchase on the peak. You need to wait a long time in order to gain profits again by selling the coin above the price you bought.

You should gain some patience which would never allow you to sell your coins below the price you bought them because it would only give you loss. Even if you have bought some wrong tokens, yet you should wait until the price at least reaches the price you bought them so that you can sell those for no profit, no loss and shift onto some profitable coin analyzing the buy points.

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

its not the first thread i am reading about people who are selling their alts right now
if its true, so its the most wrong place to sell alts for btc
you are most likely selling the bottom

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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 i think more risky than old altcoins especially top coinmarketcap coin. I talk about which is more risky because we know all altcoin possibly have risk when bitcoin reach it's ATH that is why we should know which one is less risk to pick. If i be you i also sell my new altcoins/tokens especially before it dont't have value anymore.

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the last two years we have been in the bear market and also many scam projects going on so that this condition has made most of the new altcoins and old altcoins lose investors and cannot survive in the crypto market. so I think it's the right decision to sell altcoin to buy bitcoin. but I'm also still optimistic about some of the top altcoins like Ethereum, EOS, Binance, XLM and LTC. I think Altcoin still has the potential to grow and the price to increase.

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Quote from: pandanaran on January 16, 2020, 12:44:05 PM

selling some worthless altcoin is not a bad idea, if I were in your position then I would immediately sell altcoin that is difficult to develop and change it to bitcoin. therefore it is important for all of us to always update the investment both old altcoin and new altcoin.

It's not bad idea as long as it has no potential again and it must be converted into a better coin like ethereum. You can even change them all into the bitcoin but you will minimize your chance to get a huge return and look at the current market right now and how altcoin was growing a lot these days and some altcoins increase more than 100% percent.

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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 decision on your part and this is what actually will happen when the new all time high, hit us again, this is going to be very much different from the one we had, this time only those coins with proven usage will remain in the market and gets pump, it's like a purging of the market.

isaac_clarke22

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I could've held few coins that are already in top. You can never expect a lot of altcoins that will hold out for 2 years. I remembered that I was hodling AION back then but when I checked its price now, it is kinda low.
While we can expect that altcoins could follow Bitcoin's footstep sometimes in terms of its value, not all can sustain through bearish trend.

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Staying in btc or eth is the top strategy and majority of the market adopts this strategy especially it works wonders in the start of downtrend or end of bull market where alts suffer the most. Secondly the best strategy to jump in btc or eth is the ultimate dip, that too when you are quite sure of the dip and also lucky.

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Quote from: Greatchu on January 15, 2020, 08:40:25 AM

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

You are not giving any details about the altcoins in which you invested and in that case is very difficult to tell you if you took the right decision and we can only give some general advice, at the end of the day I do not think it was a bad decision, bitcoin is going to perform well during this year and most likely during the next year as well and in order to get those benefits you only need to do two things and those are to get some bitcoin and then to hold that bitcoin no matter what.

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