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Topic: Is this time to Sell altcoins before BTC Halving - page 2. (Read 1037 times)

hero member
Activity: 2828
Merit: 611
As we can see from the past 2 months, the times of bitcoin going up and altcoin going down is basically over, people are distributing their money equally (or at least distributing a bit) to everywhere and the difference is, when you have billions in bitcoin moving, it makes the same amount of movement it does in altcoins with just couple million at most movements since that is literally what is required for both of them to move, you don't need billions to move NEO for example but you do need it for bitcoin which means you can spend x10 more money on bitcoin and move the same amount in % for altcoins.

That is exactly why if you think bitcoin will go up, altcoins will probably go up as well so you should keep your money in altcoins as well if you want to.
legendary
Activity: 2758
Merit: 1004
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Ethereum isn't being affected much with this sudden dip. Being a holder of some altcoins, I'll sell if I think it's no longer needed to have that coin in a way that it's volume doesn't go up or there's no more interest into it.
You have alts to sell or none, keep on buying bitcoin.
might be very good at selling altcoin at this time for bitcoin. it's just that, I might still hold my altcoin compared to having to sell it. Until now, I have only focused on holding popular altcoins, like ethereum, so I don't think it's a problem not to sell them. in addition, Ethereum prices also continue to rise either in dollars, or bitcoin when bitcoin prices start to rise. however, you can sell altcoin that has no potential if you have it, it might be better. but, if you have altcoin top, I don't recommend doing that.
hero member
Activity: 3024
Merit: 745
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Ethereum isn't being affected much with this sudden dip. Being a holder of some altcoins, I'll sell if I think it's no longer needed to have that coin in a way that it's volume doesn't go up or there's no more interest into it.
You have alts to sell or none, keep on buying bitcoin.
Bitcoin is the only investment I believe in this time and certainly will not sell because this year Bitcoin can completely reach the new ATH. Of course, this is just my personal prediction and everything depends a lot on the market so it is necessary to consider carefully and always set the price to sell after buying to avoid greed.
Don't be so quick to expect that this year bitcoin will get a new ATH. I will not expect something like that as big as this early this year.
As you can see, bitcoin just fell a few hundred dollars and if someone still thinks to sell his alts, now is your time to buy bitcoin.
full member
Activity: 1344
Merit: 102
I don't think if this is perfect time to sell your altcoins, we have 3 months before bitcoin halving so there is a chance that the altcoins prices will increasing for more and especially bitcoin. I just keep hold for now with my altcoins.
don't just look for halving mate,check also the chance of buying low and selling High,we can sell now our altcoins and buy back soon .if we did this movement the time OP made this question/i think many of us are in profit now because look at the value now,almost all the currencies even bitcoin is red blood and 5-10% lowered price compared weeks ago so if the question will be answered now?no this is the time to Buy more.
I guess you are right, the prices of the altcoins are getting down and down. This is the perfect time to buy more or I should wait until its stop declining the prices in the market.
sr. member
Activity: 1056
Merit: 251
If you think halving will affect bitcoin price in the bullish direction then I think the increase in BTC price will also affect altcoin prices then there is no point to sell altcoins right now.
In Bitcoin, it's always more profitable to keep your money, it's safer, I'd say it's more profitable to keep in your wallet now, both Bitcoin and top alts.
legendary
Activity: 2478
Merit: 1951
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I think that new coins can grow even in a bear market, and the top altcoins only in a bull market. But their growth can be said to be "guaranteed" - they are known to everyone and when new users come to crypto in the bull market, in any case they invest part of the money in top altcoins.
Do we still have new coins that are promising, i am not aware of those, the top alt coins will move up in a bull market but it is hard to imagine that we will be having a rally anytime soon in the alt coin market. Right now what we see is that the top alt coins move along the bitcoin market and that is my expectations that the top alts move along the bitcoin market.

I am not selling my alts nor any coins unless i achieve the target i am looking for. If bitcoin is going for a huge pump then usually people usually sell their alts to ride the rally but this time around it is a waiting game to see how the market will react.

As can be seen from today's charts, if the market is seriously moving, then all the coins (both top and new) are moving in one direction. As for specifically new promising coins, I am also not an expert in this, but I think they exist. But we learn about them after they will established themselves.
Your strategy is good and i can say that I also adhered to it, but today's fall and bad news from the global economy convinced me to sell about 50% of my crypto.
full member
Activity: 2520
Merit: 204
I don't think if this is perfect time to sell your altcoins, we have 3 months before bitcoin halving so there is a chance that the altcoins prices will increasing for more and especially bitcoin. I just keep hold for now with my altcoins.
don't just look for halving mate,check also the chance of buying low and selling High,we can sell now our altcoins and buy back soon .if we did this movement the time OP made this question/i think many of us are in profit now because look at the value now,almost all the currencies even bitcoin is red blood and 5-10% lowered price compared weeks ago so if the question will be answered now?no this is the time to Buy more.
full member
Activity: 1344
Merit: 102
I don't think if this is perfect time to sell your altcoins, we have 3 months before bitcoin halving so there is a chance that the altcoins prices will increasing for more and especially bitcoin. I just keep hold for now with my altcoins.
newbie
Activity: 26
Merit: 0
If you think halving will affect bitcoin price in the bullish direction then I think the increase in BTC price will also affect altcoin prices then there is no point to sell altcoins right now.
hero member
Activity: 2856
Merit: 644
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Doesn't matter if you are bigger fool in the short term, it all depends on how much money you are invested in and how much you need in the short term. If you are an investor with a lot of money on an altcoin and you can even afford to buy more when/if it goes down and you will not need that money anytime soon, you are not the bigger fool, the bigger fool is the guy who made short term profit but lost in the long term.

However, if you do not invest too much and you may end up needing the money at anytime, you should focus on the short term gain and that is understandable for you. So who does what all depends on the person, every move is right or wrong depending on your own situation and not on what you do according the general public since everyone's moves are according to their own finances.

If like me then I will do short-term investment because I always need money for necessities so my long-term investment will not be strong because I am not a rich person who can invest long-term.

I always have my own principles where I have to trade in the short term to make a profit even though it's only a few percent for me no problem because there I take advantage of a little but continuously to meet my needs, now at a time like this I have to move to process funds I am because at the time of going down like this it's very vulnerable it could go down all the time and we need the right analysis before doing it.
full member
Activity: 449
Merit: 103
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Ethereum isn't being affected much with this sudden dip. Being a holder of some altcoins, I'll sell if I think it's no longer needed to have that coin in a way that it's volume doesn't go up or there's no more interest into it.
You have alts to sell or none, keep on buying bitcoin.
Bitcoin is the only investment I believe in this time and certainly will not sell because this year Bitcoin can completely reach the new ATH. Of course, this is just my personal prediction and everything depends a lot on the market so it is necessary to consider carefully and always set the price to sell after buying to avoid greed.
member
Activity: 490
Merit: 16
Presently if you are holding any altcoin and you keep seeing some not too bad growth I suggest you start taking the profits and buy back when price goes down, this will surely happen because once Bitcoin loses value other coins will revaluates, no one can predict the future so it's better to keep taking profits
hero member
Activity: 3024
Merit: 745
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Ethereum isn't being affected much with this sudden dip. Being a holder of some altcoins, I'll sell if I think it's no longer needed to have that coin in a way that it's volume doesn't go up or there's no more interest into it.
You have alts to sell or none, keep on buying bitcoin.
sr. member
Activity: 1638
Merit: 278
Doesn't matter if you are bigger fool in the short term, it all depends on how much money you are invested in and how much you need in the short term. If you are an investor with a lot of money on an altcoin and you can even afford to buy more when/if it goes down and you will not need that money anytime soon, you are not the bigger fool, the bigger fool is the guy who made short term profit but lost in the long term.

However, if you do not invest too much and you may end up needing the money at anytime, you should focus on the short term gain and that is understandable for you. So who does what all depends on the person, every move is right or wrong depending on your own situation and not on what you do according the general public since everyone's moves are according to their own finances.
member
Activity: 560
Merit: 13
Altcoins are at the bottom, so it makes a no sense to sell. But it is just my opinion. It is possible that altcoins will dip lower but in every bullrun (if it happens) altcoins are performing very well in altseason.

Not alts are at the bottom few are performing like ETH, TRON etc... And yes I agree that it's not time to sell alts we have to wait for few more days. There is a lot of expectation that after BTC halving the price of alts too will go up and there are possibilities as well, holding right now is the best option as of now.
hero member
Activity: 2688
Merit: 540
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Altcoins are at the bottom, so it makes a no sense to sell. But it is just my opinion. It is possible that altcoins will dip lower but in every bullrun (if it happens) altcoins are performing very well in altseason.
Many predict Altcoin prices will increase dramatically after Halving, So there is no reason for you to sell Altcoin at this time, Because I'm sure you will regret it after seeing the coming Altcoin season.
It will not happen and those people must learn from the past experience about how bitcoin was getting a very big bullish momentum a year after halving. I just believe if the price will be very stagnant as there will be no a lot of volatility in the market. People will be doing small trade everyday. I just believe in the old pattern because that's more reasonable.
Old patterns doesnt guarantee that it would happen in near future or on recent time.We cant conclude yet if there were no alt bullish movement either post-halving or pre-halving.
Dealing with alts will depend on a particular person where if he can risk up on holding or accumulating alts while we are approaching halving then its his choice.
I cant make any conclusion if its bad or a good idea because no one can predict on how the market would move into those times.There are only two ways which is up or down
so its matter of choice on a certain trader or investor.
legendary
Activity: 2674
Merit: 1226
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f bitcoin is going for a huge pump then usually people usually sell their alts to ride the rally but this time around it is a waiting game to see how the market will react.
It is really a waiting game and actually we have been waiting for 2 years already and we are still here, soon for sure we will be able to sell this, and for me, it doesn't matter if I have to wait for another year as long as the project that I am investing with are still here continuing to develop the project.

Think the time to sell just passes, so if you're selling now, you're not doing it anywhere near the highs alts can pounce on if they get their act together. Selling now just leads to more dumping, before alts all realise bitcoin is way ahead of them and then go on another moon rally.

But anyway, yeah, I'm here for big picture even if it takes many more years to actualize.
hero member
Activity: 2268
Merit: 507
Altcoins are at the bottom, so it makes a no sense to sell. But it is just my opinion. It is possible that altcoins will dip lower but in every bullrun (if it happens) altcoins are performing very well in altseason.
Many predict Altcoin prices will increase dramatically after Halving, So there is no reason for you to sell Altcoin at this time, Because I'm sure you will regret it after seeing the coming Altcoin season.
It will not happen and those people must learn from the past experience about how bitcoin was getting a very big bullish momentum a year after halving. I just believe if the price will be very stagnant as there will be no a lot of volatility in the market. People will be doing small trade everyday. I just believe in the old pattern because that's more reasonable.
sr. member
Activity: 1218
Merit: 251
When bitcoin reaches $10k, for me it is the right situation to trade in the short term because the market is green, and when bitcoin goes through a slight correction it is a discount situation for altcoin. To welcome halving bitcoin, of course for me hold altcoin is the right thing rather than selling.

Maybe in this decline because of the effect of Warren Buffet who said on CNBC TV does not have bitcoin even though before he was staying up late it had bitcoin so the price went up but after saying that on CNBC TV the price of bitcoin was getting worse.
Is this because of the effect? or just a short correction then bullish come back?
sr. member
Activity: 994
Merit: 261
When bitcoin reaches $10k, for me it is the right situation to trade in the short term because the market is green, and when bitcoin goes through a slight correction it is a discount situation for altcoin. To welcome halving bitcoin, of course for me hold altcoin is the right thing rather than selling.
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