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Topic: Sell All Altcoins For Bitcoin? - page 2. (Read 9978 times)

member
Activity: 412
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June 26, 2019, 04:12:26 AM
I don't agree if I have to sell all of the altcoin assets to hold Bitcoin ... I think Altcoin will also increase like bitcoin at this time ... then I will keep holding the altcoin that I have for sale at the right time and with greater profits. ... if I sell it now then I experience a huge loss, so I have to keep holding it until the price is stable and profitable.
full member
Activity: 910
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June 26, 2019, 04:05:36 AM
I bought altcoins a while back. Example coins such as waves and powerledger.  I also have bitcoin cash from the fork etc. 


I bought altcoins back then thinking hey if btc goes up, altcoins will go up more.  Of all the altcoins i ever bought, not one altcoin I have is higher than the current price i bought it at.  Every coin i bought whether it was the huge bull run or before it, such as waves, I'm down money.  Well technically not down as most of these coins, i just hold.  I did sell some though.  The only coin i did buy that is up now is litecoin... but i have none of that now because i sold those a while back.  That's right the one altcoin i sold would be in profit now. 


Also if you look at the prices with bitcoin, its like many of the altcoins i hold, they are not even going up compared to bitcoin at all.  They are either same price or dropping.  Does anyone here think its best to sell all your altcoins for btc?  I heard tons of things about waves.  Yet nothing happening to the price except going down.


Also when i say altcoins, i know it means every other coin but bitcoin.  But i mean specifically like those altcoins that are not in the top 20.  I mean when you look at ETH, bitcoin cash, litecoin, i think these are legit as prices correlate to btc price.  But if you look at those altcoins especially that is not in top 50 for example, many prices have dropped.  I bought coins where price is still down 90% or so.


Now if you say yes, what about bitcoin cash?  Or say bitcoin sv or bitcoin gold? 


Because the more i think about it, if cryptocurrency goes up very high, well it seems like there's only a few coins only that could do that?  Thus bitcoin, litecoin, eth, bitcoin cash, dash, monero or say bitcoin sv?  I heard ripple is centralized so can't imagine it being the standard.  I mean if there were only 3 coins left... what would that list have to be?  I would figure its bitcoin, bitcoin cash and litecoin.  If i had to include a few more, probably ETH and Dash.


I back then also wanted to get coins like funfair, edgeless and a few other altcoins.  But now when i look at it, isn't it basically throwing money away?  I think if i were to buy more crypto now, the only coin i would buy is bitcoin, litecoin or bitcoin cash.  Maybe dash and monero. .


Thoughts on all of this?

I strongly agree that if we make altcoin into Bitcoin because the price of bitcoin is increasing and growing at this time ... then it's time for us to collect bitcoin by selling the altcoins we have from the bounty campaign ... and rest assured we will get more profits big than bitcoin rather than altcoin ...
sr. member
Activity: 2366
Merit: 448
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June 26, 2019, 03:53:46 AM
Actually it's a good idea to swap all Altcoin with Bitcoin, but it must be considered too because in my opinion Bitcoin is now too expensive and there must be profit calculations.
but everything depends on each other's beliefs to judge between Bitcoin and Altcoin for the future.
I think, those who have done it since the price of bitcoins under $ 10k are those who are aware that the potential of bitcoin this year is really high. honestly, until now, I still hold back the assets that I have. well, I still hope that the altcoin pump price with a very high price in the near future.
Yes, if they exchange it when the bitcoin price is under $ 10k it doesn't matter though I think the following prices are still high.
I also hold both because I believe Altcoin will increase in the near future even though it moves slowly but will be proven at the right time.
sr. member
Activity: 1078
Merit: 256
June 26, 2019, 02:53:27 AM
If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.
If that's how you think will lead you to a much successful investment then selling your Alts to have more control with your Bitcoin is also not a bad idea, as the value keeps on rising chances to make a much bigger profits as of now will be there  for your investment, take your call.
sr. member
Activity: 1176
Merit: 252
Futurov
June 26, 2019, 02:47:42 AM
If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.

and i believe all people in this forum believe if bitcoin is the best investments opprotunities in this cryptocurrency rather than the others mate
but, to increase our bitcoin amount the best way is by hodling a good altcoins  Wink
sr. member
Activity: 1176
Merit: 252
June 26, 2019, 02:16:47 AM
Actually it's a good idea to swap all Altcoin with Bitcoin, but it must be considered too because in my opinion Bitcoin is now too expensive and there must be profit calculations.
but everything depends on each other's beliefs to judge between Bitcoin and Altcoin for the future.
I think, those who have done it since the price of bitcoins under $ 10k are those who are aware that the potential of bitcoin this year is really high. honestly, until now, I still hold back the assets that I have. well, I still hope that the altcoin pump price with a very high price in the near future.
sr. member
Activity: 2366
Merit: 448
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June 26, 2019, 02:15:26 AM
Actually it's a good idea to swap all Altcoin with Bitcoin, but it must be considered too because in my opinion Bitcoin is now too expensive and there must be profit calculations.
but everything depends on each other's beliefs to judge between Bitcoin and Altcoin for the future.
full member
Activity: 812
Merit: 100
June 26, 2019, 01:55:13 AM
If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.
legendary
Activity: 2100
Merit: 1058
June 26, 2019, 01:50:28 AM
If you think holding an altcoin is more profitable, of course it's better to stick to the altcoin. Because everyone certainly has their own way of holding altcoin or changing it to bitcoin. Because the cryptocurrency market is starting to increase all of them. So think carefully about the steps that must be taken.
There are some altcoins that we will be making a very big mistake of selling off because of the big future they have, I could remember that in the last bull run, I got so tired of some altcoins that I thought of selling them off, it was my instinct that saved me, not long that I made the decision to sell off that some of them short up as high as 1500x, and I could not really explain the reason for that.

So patient is really a virtue, rather than selling those coins off for Bitcoin, we can just work  for more fiat to add to the Bitcoin portfolio, except coins that are really not working at all again, which we will notice through their very low volume, and would even be difficult for us to sell off.
full member
Activity: 616
Merit: 100
June 25, 2019, 05:16:27 PM
This decision still depends on which altcoin you want to sell for BTC. For me I think if you hold some altcoin and you don't sell you will make good profit that selling now.
Yes, right, we have to consider the sale of Altcoin, especially Altcoin, which has great potential for the long term, it would be better if you sell shitcoin that doesn't grow anymore to buy BTC, of course. The reason for buying BTC is very simple, because the largest and most expensive currency on Crypto BTC will generate big profits if prices rise.
714
member
Activity: 438
Merit: 10
June 25, 2019, 05:07:15 PM
I think this strategy or step is not right, Move all altcoins to Bitcoin. Actually it's good if you want to have bitcoin assets, but it's better to share a few percent for altcoins and the rest for Bitcoin. If for all, it might be profitable and even possible to suffer losses.
I agree that we should keep a certain amount of Bitcoin, but should not completely hold 100% Bitcoin, there are still a lot of good coins out there. Normally I do not keep the amount of Bitcoin exceeding 50% of my assets, the rest I will invest in potential altcoin.
member
Activity: 712
Merit: 15
June 25, 2019, 05:01:18 PM
I think it is not a wise idea to sell your altcoins to buy bitcoin, because altcoins will give you more profit than bitcoin. Don't be discouraged that altcoins are not following bitcoin upward trend presently, they will have their season soon and it will be massive.
member
Activity: 532
Merit: 10
Bountyhive.io
June 25, 2019, 02:22:17 PM
This decision still depends on which altcoin you want to sell for BTC. For me I think if you hold some altcoin and you don't sell you will make good profit that selling now.
full member
Activity: 1414
Merit: 228
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June 25, 2019, 02:20:28 PM
I feel the bull will continue and slowly but surely the price of Bitcoin will again touch $ 20k. Altcoin derivatives of Bitcoin such as Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, Bitcoin SV will bull also follow Bitcoin.. I agree with the invitation to sell all Altcoin then buy Bitcoin, but don't sell Altcoin derivatives of Bitcoin.
hero member
Activity: 1218
Merit: 534
June 25, 2019, 02:11:41 PM
Maybe earlier in the year but I think right now is the time to sell a lot of btc and invest in altcoins.  Many top alts are at very low btc ratio prices especially ethereum.  Anyways as long as your in any crypto coin you will out perform the stock market.
member
Activity: 854
Merit: 21
June 25, 2019, 02:02:39 PM
I think this is very accurate because after analyzing the cryptocurrencies that currently exist on the crypto market, i can say only a hand full of them is capable of making good returns on a bullish market.
Bitcoin is the first and most popular followed by BNB, ethereum, and litecoin to name a few
sr. member
Activity: 1960
Merit: 273
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June 25, 2019, 01:30:22 PM
Its always a wise move to have some altcoins in your portfolio although investing in bitcoin is totally a wise move but you need altcoins as well,just because altcoins aren't surging like bitcoin yet doesn't mean they won't ,what you lack is patience
in my opinion if there is who is certain why must wait bitcoin has shown a perfect increase and is difficult to stop so for this i might disagree, I prefer bitcoin than altcoin for investment
copper member
Activity: 995
Merit: 1
June 25, 2019, 01:22:11 PM
I as a hunter do not often do. Yes, bitcoin is the main coin of the market. Well, the projects have their own potential. What not to say it is. And as a hunter, I know that the project has paid on time and the project documents allow the project to grow.
member
Activity: 784
Merit: 21
June 25, 2019, 01:01:21 PM
Its always a wise move to have some altcoins in your portfolio although investing in bitcoin is totally a wise move but you need altcoins as well,just because altcoins aren't surging like bitcoin yet doesn't mean they won't ,what you lack is patience
full member
Activity: 481
Merit: 102
June 25, 2019, 12:59:08 PM
As for me, this is an ideal strategy during this period. Because now it is profitable to invest in Bitcoin itself, this is a great option in order to make a good profit on Bitcoins later, but you don’t think so much
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