A good idea but it cannot meet the balance. I think you should diversify your investment fund into BTC and one to three other altcoin coins. Bitcoin is the preferred and safe choice in the long term. Combining with short-term for some altcoin with good Fomo will generate greater profits. That is the plan that I always pursue and implement in this market.
Topic: Sell All Altcoins For Bitcoin? - page 6. (Read 9978 times)
Moving all assets to one currency as it will always have a chance that one currency to dump. As such what you did is correct and, I think that what you should do is just add more assets to the ones that you currently have instead of moving all of it to BTC.
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.
Exactly, we should make the best decision based on our own will, of course it's necessary to analyze and study everything to ensure more chance of success. Actually if you have more funds you cannot only focus in one coin, you can hold bitcoin and more altcoins at the same time.
This has been very effective, even in the past, if you just hold and be more patient, you'll likely to make money here.
Sell all your altcoins for Bitcoin can either be a good investment strategy or a bad one. Considering the current state of the crypto market, I will prefer to either keep all my altcoins or change my Bitcoin into altcoins since altcoins have good profit margin returns than that of Bitcoin looking at their price differences.
As long as the altcoin that we hold is top altcoin, I think we have to be patient and keep hold and not to sell it. But if the altcoin that we hold is not transacted on a large exchanger, I think it's better to exchange it for bitcoin
yes you're right, as long as the altcoin ranks top, no problem holding it longer. except altcoin does not have trading volume and is not in a large exchange. selling all altcoins is only for bitcoin, I think it's too reckless. do not let you lose just because of thinking about profit.
Sell all your altcoins for Bitcoin can either be a good investment strategy or a bad one. Considering the current state of the crypto market, I will prefer to either keep all my altcoins or change my Bitcoin into altcoins since altcoins have good profit margin returns than that of Bitcoin looking at their price differences.
As long as the altcoin that we hold is top altcoin, I think we have to be patient and keep hold and not to sell it. But if the altcoin that we hold is not transacted on a large exchanger, I think it's better to exchange it for bitcoin
It was a good advice a while ago, but now better hold your alts. Look, today Neo showed big growth, ripple is rebouncing, so other alts are ready to the moon!
Pick something out of top 30 and that's it!
Pick something out of top 30 and that's it!
Investing in the top 30 is a rational choice because the project is definitely a lot of transactions and also has large liquidity. With a large market cap and large liquidity, our investment can be disbursed at any time. Bitcoin is the safest investment and it is only natural to sell altcoins for bitcoin
It was a good advice a while ago, but now better hold your alts. Look, today Neo showed big growth, ripple is rebouncing, so other alts are ready to the moon!
Pick something out of top 30 and that's it!
Pick something out of top 30 and that's it!
Sell all your altcoins for Bitcoin can either be a good investment strategy or a bad one. Considering the current state of the crypto market, I will prefer to either keep all my altcoins or change my Bitcoin into altcoins since altcoins have good profit margin returns than that of Bitcoin looking at their price differences.
I get your point on this situation and I believe that some of the altcoins are could possibly going down because of Bitcoin Serge's. However we couldn't trust the the market because of volatility so it good to invest on Bitcoin and at the same time on altcoins but make sure that you have understand the potential of those crypto currency.
No, No, NO sell all BTC now!!!
Buy altcoins, that is where the next pump will be
HST decision token
Taking profit now is ok as long as you have the plan on what will be the next move to do, altcoins are not pumping much so maybe they will be the next to go uptrend. But i don’t want to go all in with Bitcoin because some altcoins will also pump so if you have a diversified portfolio the chance to earn is higher, and we know that investing should be spread out into good coins. Buy altcoins, that is where the next pump will be
HST decision token
For me when BTC is in mood for bull run i do always buy doge coins and some good altcoins for a long term investment
I don't think this is the best time to do that and even if its is I wouldn't have done that cos I don't support putting all my eggs in one basket I always like to diversify
as returns with work on evaluation gives as fine on chance on investors to gains with spares on difference then investors to work on decision as referring of point with focus on stands as keeping with limitation on personal arrange on strategics as managing plan on trading.
It is too late to sell alts for bitcoin. Domination is too high, so I suggest that altcoins season is about to start.
Sell your btc for alts and you will gain of this story for following month, believe me
Sell your btc for alts and you will gain of this story for following month, believe me
Some cryptocians know the strategy they do like selling altcoins to buy btc and I think nothing is wrong about that because you can circle it. You can buy alts if you get a profit in bitcoin. Especially now that btc is so bullish.
Am not in support of that in selling of altcoin for bitcoin because I believe some of the the altcoin you are holding now is going to be a greater asset for you in future.
It depends on which strategy you will use if you are a long runner then just wait for your moment...
You have a god point @OP, but you cannot sell a very new altcoin that does not yet have a bearing. So you do not gave any choice than to hold such coin and wait until they are listed.
Imagine seeing bitcoin and other altcoins which you do not have mooning. In this case, you can only see, but you cannot sell, because there is nothing to sell.
Imagine seeing bitcoin and other altcoins which you do not have mooning. In this case, you can only see, but you cannot sell, because there is nothing to sell.
Yes I definitely do that the value of Bitcoin is developing a lot and it will definitely reach some good too early and huge development in the end of this year will be happen so selling Oliver currency to invest in Bitcoin is very good idea in this current developing situation.
I don't think this is all a good reason. because basically people want to sell altcoins and replace them with bitcoin. because they don't want to experience a loss. moreover the state of bitcoin and altcoin is quite different. then there will be more and more that will turn altcoin into bitcoin.
No, No, NO sell all BTC now!!!
Buy altcoins, that is where the next pump will be
HST decision token
Buy altcoins, that is where the next pump will be
HST decision token
After breaking 10 thousand bitcoin will be big in the media and every newbie will want to go in hoping for another rocket to 20 thousand. People know that price always looks for big resistance levels to test so if we went through 10 thousand this fast the next level is at 20. Everyone and their grandparents will run to exchanges now.
Selling BTC isn't the best idea now. Maybe we'll see a correction this week but long term bitcoin is going to 20.
Yes I definitely do that the value of Bitcoin is developing a lot and it will definitely reach some good too early and huge development in the end of this year will be happen so selling Oliver currency to invest in Bitcoin is very good idea in this current developing situation.
I don't think this is all a good reason. because basically people want to sell altcoins and replace them with bitcoin. because they don't want to experience a loss. moreover the state of bitcoin and altcoin is quite different. then there will be more and more that will turn altcoin into bitcoin.
I know everyone does and I believe there is no wrong with that cause we only be practical and choosing such option will generate more profit compared to altcoins. Look at the price right now, if we converted it already, how much gain? Big it for sure.
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