portfolio renewal is the right decision - page 2.

pandanaran

full member

Activity: 1048

Merit: 101

Quote from: pamsugas on August 21, 2019, 08:26:15 AM

altcoin prices continue to decline while bitcoin is still stable. I decided in July to sell all altcoins moving to bitcoin. if I don't sell my altcoin in July then it's likely that I've lost a lot of money.

You have made the right decision and the actions you have taken are the best way to avoid losses on altcoin. I am not much different from you by selling altcoin and replacing it with bitcoin because some of my altcoins do not have a selling price while the current market is more dominant on bitcoin.

jumiapaul

copper member

Activity: 336

Merit: 3

It's wise for every holder of cryptocurrency to have a good strategy for increasing profitability. Altcoin could be very lucrative if the right tokens are held in your portfolio. One should always update the portfolio with good projects.

Plinteng

jr. member

Activity: 286

Merit: 3

https://goldeth.io/

yes it is true that we have to renew our portfolio if we think it needs to be replaced. Most of the altcoins are currently having a hard time, price declines continue and we need to renew them. bitcoin is one of the very good coins for short-term and long-term investment. currently i am learning to trade with bitcoin

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

Yes, I agree and it's a bad decision and you will end up in a bad portfolio if you are not going to update your portfolio from time to time, so many coins in the market what's profitable today is not going to be profitable tomorrow and a new coin will come with a good potential in the market, it's important to read a lot of news gets updated about the development of coins on your portfolio.

GGmith

jr. member

Activity: 394

Merit: 1

current market trends are more in favor of bitcoin, if you want to change your portfolio simply exchange it or replace it with bitcoin. do this opportunity to make a profit. and of course you also keep some altcoin that you have, there will be a time for altcoin to grow the price again.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

I agree that we need to change the portfolio we have to follow the trend of the market. We cannot depend on the old coins for a long time because the trend will change, and there will be a new competitor for the old coin, especially if they have a strong project. We can change the portfolio when the price increases but if the price is still at a low price, then I don't think we can sell it at a low price because that will make us get a lose. We cannot add more money to buy another coin because that will be too risky. So I think we need to be careful before deciding to change the portfolio because we can get the losses at any time.

digitalblock

sr. member

Activity: 840

Merit: 250

Don't panic. Has not yet come a time when altcoins are afraid to lose their price. Now there are new projects and they are successfully raising their price in the market. Yes, it is slow but it can make a good profit from trading. Hold cryptocurrency in this case is not respectable.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

It's very important to always check all the coins that are in your portfolio, even if those coins are the top coins in the market, we can never be sure, timing is very important, there will always new coins in the market that will have a potential and there are old coins in the market that will lose its value, it's important when you should trade that coin in profit, you can do this by following each coin, those that are in your portfolio and those coins that are recommended by investors.

Winscosinally

member

Activity: 490

Merit: 16

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

Altcoins will be around more than you expected and dont join the group of people that dump their altcoins for bitcoin cos im sure they will regret the decision later on,every altcoin holders should hodl altcoins with good potential and they will have good result,there are many good altcoins that are not up to top 10 on cmc so research will be needed to figure them out

maartenhaha

sr. member

Activity: 1456

Merit: 251

Both of the options you mentioned are options for anticipating losses with current market conditions, my portfolio is listed in the top 5 coins, and there are several tokens that I think are very potential.

kramchers

full member

Activity: 854

Merit: 101

Quote from: Metall303 on August 20, 2019, 06:24:48 AM

altcoins will not disappear from this market in the next 5-10 years. you need to continue to invest and look for new promising projects

5-10 years? many will last to forever while some will be gone in a year or shorter.
Average alternative coins will be for years, we dont know which and what will be.
The decision will come from:

Team developer and its development.
Demand from the people and dump from them.

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market.

Then that doesn't mean that the market isn't really bad if bitcoin is performing pretty well. How it can be a bad market if the king is doing good, it's bad for most holders that has their assets mostly on altcoins.

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

Don't buy unusual altcoins and keep more bitcoin as your main highlight of your portfolio, that's the key. Learn from your own experience if you are into altcoins that are currently bloody and also learn from others experience.

FontSeli

hero member

Activity: 1232

Merit: 858

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

I have long been an ardent fan of Bitcoin. Once I bought altcoins for a long-term investment, but the losses incurred taught me not to trust altcoins.
Now, of course, I have altcoins of the exchanges on which I participate IEO, however, I do not plan to keep them for a long time and I keep the main amounts of my savings in Bitcoins.

stigmacryptonight

member

Activity: 574

Merit: 13

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,

We realize the market is not in a good condition right now, but this is not a serious problem. This is normal and often happens in crypto.

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

- if you are not sure about altcoin, you can exchange it for bitcoin.

This option is actually a good and safe choice to prevent large losses, because the movement of bitcoin is indeed increasing.

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

This second choice is not a bad choice, many people still believe in altcoin, and one way to invest in safe altcoin is indeed the top 10 rankings that are highly recommended to have.

So, all of you decide to go to Bitcoin or stay on altcoin or you can have both Bitcoin and Altcoin at the same time, that's just my personal suggestion.

toydoll

full member

Activity: 504

Merit: 100

Those alts that are now in my wallet can be sold very cheaply,I will not touch them,I do not see the point,let them lie,maybe the price will rise.And about bitcoin I fully agree,in the future I will try to move from alts to btc.

r_delossa

member

Activity: 490

Merit: 10

Agree and believe that simply adding a coin in your portfolio and forgetting about it is not a successful strategy anymore. You can forget about token swap or something else. Furthermore, adding new coins to portfolio would help to add some diversification.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

How long will one continue to renew the portfolio of altcoins, majority of us today made sure that we research on some altcoins that we have in our wallet some years back before adding them, but still at that, we still have so many coins that has not entered exchange and some that are dead already, and this is just barely 3 to 4 years, if we renew our portfolio with mew ones now, what assurance do we still have that these new ones will still not act alike in the next 4 years also.

Most of the altcoins you see are just not so good to be held for a long term project, they are just better for short term investment while the only coin that still remains a long term investment coin would be bitcoin, so any portfolio that needs to be developed now should be filled with bitcoin.

labenea

jr. member

Activity: 327

Merit: 1

The Standard Protocol - Solving Inflation

To minimize the risk, I agree more on the first point, when we are not sure anymore with altcoin, maybe the next method is with bitcoin. while the market today is more in favor of bitcoin, I think bitcoin is the right choice in market conditions like this.

FireBallex

member

Activity: 462

Merit: 19

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

Believe it or not,if there will ever going to be a next altcoin season many new projects will be the most favoured,because after spending a week entirely on research i have seen some very rare good projects that are still very new and havent get listed on CMC yet so some top 20 altcoins of today will be replaced by few rare gems soon

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

Quote from: Kecipir on August 20, 2019, 05:06:07 AM

Are you aware that the current market conditions are really very bad? altcoin prices are down, while bitcoin is still enjoying its movements. if the market continues like this continues, I doubt altcoin will still be in the market. an investor we must have a good strategy to avoid this loss,
- if you are not sure about altcoin, you can exchange it for bitcoin.

-If you still survive with altcoin, you need to update them with potential altcoin. as already listed in the top 10 rankings at Coinmarcetcap.

someone will survive in the market if you can control your own portfolio, so if you cannot manage your assets properly, you will not last long in this market.

The altcoin movement is very dynamic and I agree to renew our portfolio. Except for altcoin which is in the top 30, I think altcoin which does not have the large liquidity that we store, is better exchanged for altcoin which is in the top 10 because it already has a product and has a large transaction volume

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