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Topic: Sell All Altcoins For Bitcoin? (Read 1044 times)

sr. member
Activity: 1162
Merit: 258
1xbit.com
June 26, 2019, 05:02:37 AM
It is tempting to sell altcoins for Bitcoin, as Bitcoin is dominating the market and altcoins are plumetting against Bitcoin. The strongest altcoins are falling too compare to BTC. But i think one day this might stop and we should see a reversal after.
then if you want to get a big profit this year it is better to sell all the bitcoin you have to be redeemed to bitcoin because I believe in this year the bitcoin price will be getting a good rise and high also
member
Activity: 481
Merit: 11
June 26, 2019, 10:06:45 AM
It's not easy to happen for the next few years because Bitcoin will continue to get ahead and have broad benefits for the whole world and it will strengthen that Bitcoin will continue to be used later. Can Bitcoin be better than today.
we must remain vigilant, seeing the events that occurred in early 2018 where the market began to fall after the highest increase in bitcoin. and the decline is even the bloodiest crypto market history due to the decline in 2018 until the beginning of 2019.
even though it still looks good, I think it is still aware of a decline that can happen at any time.
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
June 26, 2019, 10:03:05 AM
It is tempting to sell altcoins for Bitcoin, as Bitcoin is dominating the market and altcoins are plumetting against Bitcoin. The strongest altcoins are falling too compare to BTC. But i think one day this might stop and we should see a reversal after.

It's not easy to happen for the next few years because Bitcoin will continue to get ahead and have broad benefits for the whole world and it will strengthen that Bitcoin will continue to be used later. Can Bitcoin be better than today.
full member
Activity: 896
Merit: 100
June 26, 2019, 09:48:17 AM
#99
well, maybe other altcoins don't develop in price. however, I think that is because ETH prices are not so fast in addition. for now, I will probably hold the altcoin that I have. I feel late to sell it, and I feel that the altcoin price will also be high.
maybe holding an altcoin now is a good choice. although the growth is a little slow, but now we can see the upward movement is already running. there will be an opportunity for altcoins to rise. never regret later for selling your altcoin.
copper member
Activity: 258
Merit: 1
June 26, 2019, 09:42:27 AM
#98
Diversification always work 100% or say 90% not to exaggerate. You shouldn't go all in on BTC, those alts like LEDU, AST still has the potential to give you real profits.
hero member
Activity: 1624
Merit: 500
June 26, 2019, 07:38:49 AM
#97
your speculation is very good for crypto investment but it is true now that investors in my opinion are selling their altcoin assets to buy bitcoin, because bitcoin is now fast rising this is very profitable for investors, I see the altcoin growth is very slow and very different from 2017
well, maybe other altcoins don't develop in price. however, I think that is because ETH prices are not so fast in addition. for now, I will probably hold the altcoin that I have. I feel late to sell it, and I feel that the altcoin price will also be high.
member
Activity: 630
Merit: 10
June 26, 2019, 05:38:34 AM
#96
your speculation is very good for crypto investment but it is true now that investors in my opinion are selling their altcoin assets to buy bitcoin, because bitcoin is now fast rising this is very profitable for investors, I see the altcoin growth is very slow and very different from 2017
full member
Activity: 798
Merit: 103
June 26, 2019, 04:01:20 AM
#95
It is tempting to sell altcoins for Bitcoin, as Bitcoin is dominating the market and altcoins are plumetting against Bitcoin. The strongest altcoins are falling too compare to BTC. But i think one day this might stop and we should see a reversal after.
sr. member
Activity: 1918
Merit: 268
20BET - Premium Casino & Sportsbook
June 26, 2019, 03:28:48 AM
#94
I think if you sell the loss because of your decision and everything back to you, what you buy and sell depends on your point of view and calculation, I will only buy where the altcoin has a pair on USD, because it will obviously follow the price of bitcoin go up
Let's see a small example is ETH, where all exchange sites always open ETH / USD pairs as well as BTC / USD, here we need to focus on collecting USD or BTC, if you focus on multiplying on USD I think choosing ETH is right
hero member
Activity: 3010
Merit: 629
June 26, 2019, 02:46:38 AM
#93
I sold almost all altcoins and always do so with a large growth of the BTC. It's never too late to buy it back.
The price of bitcoin increased drastically and other altcoins were left behind.

Thus its normal for other crypto enthusiasts to think its wise to switch their altcoins to bitcoin but IMO I wont sell everything especially if you are holding eth, litecoin and bitcoin cash.

These coins has potential and will grow in the future, it takes time so be patient.

member
Activity: 461
Merit: 17
🔰FERRUM NETWORK🔰
June 26, 2019, 02:17:13 AM
#92
Yes, this is a better idea! Bitcoin growth level is far better than altcoins. Holding Bitcoin is always the best decision! You can't be sure about altcoins growth, because most of the time they depend on Bitcoin! Who sold altcoin and bought bitcoin 10 days ago, they got a very profit already!
I agree with your opinion, because now holding bitcoin gives a big advantage, it's far different from holding an altcoin. The increase in altcoin feels very slow.
But holding 100% bitcoin in my opinion also has risks, because if the price drop is so drastic that anyone can experience big losses, in contrast to the slower decline in altcoin.
So, it's better to invest divided between bitcoin and altcoin, where the investment percentage must be larger bitcoin than the altcoin .
member
Activity: 416
Merit: 21
June 26, 2019, 01:47:24 AM
#91
Now, this is not the right situation to sell them in the market, now the price of Bitcoin increased a lot which the value of altcoins going down in the market and it will not help us to make money. So instead of selling them for cheap better hold it for another 2 months to make huge amounts of profit.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
June 26, 2019, 01:41:18 AM
#90
I sold almost all altcoins and always do so with a large growth of the BTC. It's never too late to buy it back.

Like the rapid growth of the BTC stopped, you can look at the altcoins
Just stop your fucking nonsense-useless spam post. There is no way for a coin just stopped less than in a day.

And BNB is not even a crypto. I'd never spend any thought for investing in something like that. BCH and BNB if their owners do something drastic your coin is finished.
If BNB isn't crypto, why this coin listed on CMC and has 5 billion dollar as total supply?
hero member
Activity: 1568
Merit: 511
June 26, 2019, 01:33:43 AM
#89
Wellllll
If you think that bitcoin might stop bull push, you don't sell now because Bitcoin has actually going up for almost 2 fold since $6,400
While most alts either drop by 10% or just remain their price in $ but not BTC/ETH if you bought with btc/eth

I would like to say if you believe that the market of alts could soon turn ever, just hold onto it
Else you would most likely regret when Alts market cycle starts
sr. member
Activity: 1162
Merit: 251
June 25, 2019, 09:25:33 PM
#88
I sold almost all altcoins and always do so with a large growth of the BTC. It's never too late to buy it back.
In my opinion it's an inappropriate action, even though the bulls are happening, not only bitcoin who experience price increases right? even a lot of altcoins also experience the same effect, even the price changes can be much higher than bitcoin. Moreover diversify not only give you big profits, but reduces risk also, I won't use all my capital and be centered on bitcoin, I will definitely divide it to another altcoin
sr. member
Activity: 692
Merit: 254
terra-credit.com
June 25, 2019, 06:58:19 PM
#87
Yes, this is a better idea! Bitcoin growth level is far better than altcoins. Holding Bitcoin is always the best decision! You can't be sure about altcoins growth, because most of the time they depend on Bitcoin! Who sold altcoin and bought bitcoin 10 days ago, they got a very profit already!
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
June 23, 2019, 04:01:41 AM
#86

Actually it's not too risky if we have considered it very well. But if I become an OP, I might break my money into three parts to buy bitcoin, bitcoin cash, and BNB. I also used all my money for bitcoin, and at that time it was fortunate enough to go up in price. Altcoin is influenced by bitcoin and when bitcoin goes down the altcoin will also go down, so it's the same if you hold bitcoin or some altcoin because the price will go down too.

Bitcoin I totally agree. But why on earth would you buy an altcoin fork of Bitcoin? You do realize that nobody uses BCash except all its own people who of course had more money to spend than others (because of their forks?).

And BNB is not even a crypto. I'd never spend any thought for investing in something like that. BCH and BNB if their owners do something drastic your coin is finished.
hero member
Activity: 1624
Merit: 500
June 23, 2019, 03:53:54 AM
#85
I think it might be too late. After BTC pump we will definitely see altcoins bullrun. So you just can miss this as no one don't know when BTC stops, while altcoins will make much more xx (espesially new promising coins with small cap)
you're right, i also think like that. for now, I think about holding back ETH. well, when the price of ETH rises, I think it will become a bullrun for other altcoins. for now, I also prefer to hold assets in the form of altcoins. I think it's too late to sell everything for bitcoin.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
June 23, 2019, 03:36:26 AM
#84
for now there may be many who do that, sell altcoin assets and exchange them for BTC. because of seeing high prices of BTC. but now the altcoin is starting to rise, and there is a possibility that the altcoin will grow bigger and make those who release altcoin regret it.
hero member
Activity: 1610
Merit: 508
June 23, 2019, 02:00:49 AM
#83
I think it might be too late. After BTC pump we will definitely see altcoins bullrun. So you just can miss this as no one don't know when BTC stops, while altcoins will make much more xx (espesially new promising coins with small cap)
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