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Topic: Sell All Altcoins For Bitcoin? - page 11. (Read 9978 times)

member
Activity: 308
Merit: 10
June 19, 2019, 06:31:53 PM
#37
sure, statistic says, that 98% of altcoin traders trade in minus or ~equal to Bitcoin price.

so there is no sense in trading alts. Bitcoin gave x3 since winter, can you guess an altcoin?
also it is safe to hodl Bitcoin
sr. member
Activity: 630
Merit: 250
Glad to see you
June 19, 2019, 02:47:44 PM
#36
I approve of this decision.  because you think Bitcoin is the best in what you can invest in the world of cryptocurrency.  Of course there are a lot of Altcoins who are successful and can invest in them.  but it is not as good and profitable as in Bitcoin.
full member
Activity: 1330
Merit: 147
June 19, 2019, 06:30:39 PM
#36
Well, converting the altcoins to be Bitcoin may be a good way in order to decrease the chance for falling. However, we should also know exactly what altcoins better to convert to BTC. For, we can meet several worthy altcoins to hold or trade besides Bitcoin. They are likely ETH, XRP, XZC, Doge, and others.
I don't mind XRP is worthy to be use as investment place since there are a lot of stable coin came who has a same function with XRP. Such as libra coin, if you use libra coin you will anything such you use XRP, you can money easily with the little fee and you can use libra coin as payment system which is if this coin has been lounched then there are many merchant who accept it as payment system. So as, I don't think XRP is still worthy to be use as investment place.
member
Activity: 72
Merit: 10
June 19, 2019, 02:27:55 PM
#35
It's no a bad idea to sell your altcoins and invest into bitcoin because it's the cryptocurrency that has the largest number of investors and also the highest marketcap. It's also one of the safest cryptocurrencies to invest into looking at its price charts. Actually if you intend to hold for long term.
member
Activity: 560
Merit: 10
“A nexgen decentralized ride hailing ”
June 19, 2019, 06:25:09 PM
#35
Bitcoin dominance will not let the altcoin season to start and make the altcoin lovers rich. It will take time at least for 2 years to see stable growth. The stability is still the biggest problem but volatility also help Bitcoin to gain more attraction.
in my opinion if selling all Altcoin for Bitcoin is not the right thing, that means you will lose all Altcoin by getting Bitcoin, and the price of Altcoin is very low compared to Bitcoin.

it's better to wait you can get a big advantage from Altcoin, and after that you can buy Bitcoin with the results of profits from Altcoin, maybe it will be better, Altcoin can also be profitable depending on the growth of Altcoin you have.
full member
Activity: 924
Merit: 106
homt.net
June 19, 2019, 02:20:03 PM
#34
We are all impatiently waiting for altcoin bull market, but it still doesn´t come and all of us have same questions, will it ever come?
If not, then we miss again the Bitcoin´s train   Grin.
sr. member
Activity: 1414
Merit: 254
June 19, 2019, 06:13:05 PM
#34
The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin
That is a wise choice. I thinking the same, it is indeed more profitable to make the altcoin into the form of bitcoin and keep it. Looks like altcoin is not ready yet to follow the rise, we can see the rise happen few months ago, until now there's no big change from altcoin
member
Activity: 328
Merit: 10
June 19, 2019, 02:18:24 PM
#33
It may be less effective if you sell all the altcoins that Kuta has. Just to exchange them for bitcoin, because bitcoin is not always profitable but sometimes we get bigger results with altcoin and altcoin. We can also trade and invest.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 19, 2019, 05:43:33 PM
#33
Bitcoin dominance will not let the altcoin season to start and make the altcoin lovers rich. It will take time at least for 2 years to see stable growth. The stability is still the biggest problem but volatility also help Bitcoin to gain more attraction.
full member
Activity: 546
Merit: 100
June 19, 2019, 05:39:21 PM
#32
The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin
it all depends on our belief in investing, of course, and in conditions like today investors must be clever in taking advantage of every opportunity to gain profits in their investments
If bitcoin is your choice and selling altcoins is the last resort then why not? But as for me altcoin is also profitable as what bitcoin do and all we have to do is to think wisely about investment since the fact about investment is that not 100% sure for quick profit.
sr. member
Activity: 1092
Merit: 269
June 19, 2019, 05:28:25 PM
#31
The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin
it all depends on our belief in investing, of course, and in conditions like today investors must be clever in taking advantage of every opportunity to gain profits in their investments
legendary
Activity: 2226
Merit: 1086
duelbits.com
June 19, 2019, 05:20:24 PM
#30
Well, converting the altcoins to be Bitcoin may be a good way in order to decrease the chance for falling. However, we should also know exactly what altcoins better to convert to BTC. For, we can meet several worthy altcoins to hold or trade besides Bitcoin. They are likely ETH, XRP, XZC, Doge, and others.
member
Activity: 284
Merit: 10
June 19, 2019, 01:04:23 PM
#29
I am not agree with you pal with selling all Altcoins , some of them might be profitable like ETH, NEO and EOS Etc sometimes reach high price.
full member
Activity: 196
Merit: 251
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June 19, 2019, 03:40:40 PM
#29
The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin
But when Bitcoin reaches $ 15,000, for many people it will be a large enough amount and they will start buying cheap Altcoins.
member
Activity: 560
Merit: 10
June 19, 2019, 05:05:37 PM
#29
That is the hard truth. Bitcoin is the crypto mover. It moves the market. It is the only reliable coin to invest in. At least there is a hope that it will rise again even if it drops, so long as you continue to hold
full member
Activity: 1260
Merit: 103
June 19, 2019, 12:53:12 PM
#28
if you have an altcoin that has no potential to go up and prices don't move then sell altcoin it, and move your investment to bitcoin because the bitcoin movement I see is out of control and continues up
hero member
Activity: 1148
Merit: 523
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June 19, 2019, 01:49:15 PM
#28
I am not agree with you pal with selling all Altcoins , some of them might be profitable like ETH, NEO and EOS Etc sometimes reach high price.

Yes all these coins are good to invest when you want to make the growth with your funds in cash or the no big volume coins. Never underestimate growth of Bitcoin.
If you want to increase your funds equals to US dollar value, I am damn sure Bitcoin is the only option for you even stable altcoins will not help you.
full member
Activity: 644
Merit: 103
June 19, 2019, 12:50:32 PM
#27
No, i saving 20% in btc, 60% in top 20 coins, and 20% in low cap coin, im using this since last year, in my opinion its safer rather than just holding only btc
member
Activity: 330
Merit: 10
June 19, 2019, 01:40:55 PM
#27
The altcoin market is vastly different than Bitcoin. New projects arise every day. CoinMarketCap currently provides data on over 2500 projects. Many of these projects will not be around in the future and a lot have extremely low levels of liquidity.
Picking the right altcoin exchanges is essential when trading in the altcoin market. With altcoins already having lower market caps than Bitcoin, users should avoid picking an exchange with scarce order books that may be subject to flash crashes or periods of low liquidity.
sr. member
Activity: 602
Merit: 250
June 19, 2019, 01:32:42 PM
#26
Don't get carried away by market conditions, but let's try to see it with a calm mind. We don't need to sell all altcoins for bitcoin, but change the strategy of the altcoin that grows slowly into the altcoin which is quite up or up. Maybe I will also transfer to Binance coin (BNB) and Litecoin for this week. And I will count very carefully. Because I didn't want to repeat the error a few months ago, so I didn't benefit from the altcoins I have saved for a long time. Don't ambition.
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