BTC has already shown its potential this year, but if you compare the raise of BTC with other major altcoins, they are still very silent. I have not mentioned any great price increase, so I hope it will happen in the nearest future.
We see that many altcoins are depreciating against the bitcoin right now. So I think that it's not a good time to sell all your altcoins for bitcoin. It's better to hold and wait for an altseason that will come after bitcoin bull run. 
Topic: Sell All Altcoins For Bitcoin? - page 8. (Read 9978 times)
If we talk about profit taking then yes I agree. But if selling all altcoin because of fomo on bitcoin is not good. If you hold a potential altcoin like eth or ltc you don't have to be afraid on it. They really have good projects and been stable on the top 10 of cmc throughout this previous years.
Yes, capitulate please.
If we believe that the altcoins were holding has sound fundamentals especially if it has unique use-cases, then I think we should adhere to that belief and support the project all the way and we should not do panic selling all our altcoin holdings inspite of progressing BTC bull run. Imho.
Its really not a bad idea to sell off all altcoins for bitcoin investment especially for those who can't endure for long term investment which is needed for altcoins ,if you are among those who invested in bitcoin at 3500$ you would have been in huge profits by now
No, I am not going to sell any altcoin for bitcoin now. Because all altcoin bought in high rate. Price has been dropped almost 3X. So I don't like to sell on this huge loss. On the other hand altcoin will start recover when bitcoin will recover. If incase price raise after I sold, then I will be on loss. That's the reason why I am not going to sell lately.
BTC has already shown its potential this year, but if you compare the raise of BTC with other major altcoins, they are still very silent. I have not mentioned any great price increase, so I hope it will happen in the nearest future.
Bitcoin is up and this is a good thing, Altcoin is following an increase because Ethereum is improving better.Bitcoin is indeed a good choice because the movement is good and may be very profitable but to get Bitcoin you need big capital, compared to other Altcoin.
BTC has already shown its potential this year, but if you compare the raise of BTC with other major altcoins, they are still very silent. I have not mentioned any great price increase, so I hope it will happen in the nearest future.
that's exactly what I'm going to do with selling all your altcoins and buying bitcoin is a great way to make money because bitcoin price is so low today and I'm certain that when the price goes up and you sell your holding you will earn a great deal.
Some altcoins also showed good growth. I would not argue that bitcoin could be more profitable than altcoins in the short term. But everyone determines how and what is better to earn.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think that's a good idea. I think if the storm starts, not all the altcoins will start to grow. There's not enough money for all the coins. So leave promising altcoins, and the rest pour into bitcoin.
I think selling all altcoin for bitcoin is not a good idea because the altcoin can increase in anytime. You don't know when the altcoin increase and that could make you too late to sell at the high price. But if you still believe that the altcoin can give another profit, then you should hold it for a while and always check the price at the market, so you don't miss the chance. Many people are late to sell their altcoin because they don't check the price or they don't set the alarm when the price can reach one price they want.
no, just hold if you're a long term holder, go all in just for 1 coin is riskier than split it, but if youre a daily trader its up to you, if you think holding bitcoin for short term is the best action to gain capital just do it, but in my opinion is just hold it till altcoins rising again
Well I will sell my altcoins only after their growth to BTC not earlier. Selling alts now is not a good idea. Usually alts growth after BTC reach the maximum
but for myself it's better to sell all altcoins for bitcoin because I'm sure that soon the good rise in bitcoin prices will occur. so now is our chance to get a big profit from bitcoin because the more the price grows 
I can’t say people to sell their all altcoins for BTC. But for me, to be honest i usually prefer to stay with BTC already.
I don’t like to spend my time while thinking about the next move of ALTs. So i only buy the ones that i trust most and i only hold them.
I don’t like to spend my time while thinking about the next move of ALTs. So i only buy the ones that i trust most and i only hold them.
after all this time and all these altcoin dumps against bitcoin if you haven't figured it out yet then maybe you should try not to trade altcoins at all.
the thing is we have already seen that without any exceptions each time bitcoin rises or falls the altcoins will lose their value because everyone dumps them. so there is no question left about the decision that you should make with your investment, altcoins are only good for short term trading and nothing more.
today is another example to clear any doubts that you might have had!
the thing is we have already seen that without any exceptions each time bitcoin rises or falls the altcoins will lose their value because everyone dumps them. so there is no question left about the decision that you should make with your investment, altcoins are only good for short term trading and nothing more.
today is another example to clear any doubts that you might have had!
In my opinion now is not the right time to sell all Altcoin for Bitcoin, because the price of Bitcoin is too far to reach and already expensive.
You have to save Atlcoin strongly because the movement of Bitcoin will affect other coins including Altcoin and will increase following the movement of Bitcoin.
if you want to have bitcoin, you have to buy bitcoin when there is a slight decrease and with that you will get a tremendous profit from both.
You have to save Atlcoin strongly because the movement of Bitcoin will affect other coins including Altcoin and will increase following the movement of Bitcoin.
if you want to have bitcoin, you have to buy bitcoin when there is a slight decrease and with that you will get a tremendous profit from both.
I think that's a good idea. I think if the storm starts, not all the altcoins will start to grow. There's not enough money for all the coins. So leave promising altcoins, and the rest pour into bitcoin.
Well I will sell my altcoins only after their growth to BTC not earlier. Selling alts now is not a good idea. Usually alts growth after BTC reach the maximum
That's right, selling altcoin is currently accepting losses, I don't sell my altcoin. Because I think it will be their turn to pump in the next few weeks
It's a good idea to sell your altcoins To bitcoin whenever Btc is moving up, in some cases cutting loss is better so as not to get rekt because almost all altcoins will dip whenever bitcoin is moving up, it's not advisable to sell when bitcoin is dipping though
We still some altcoins that are rising along with BTC which are even the coins that I counted as altcoins, because other altcoins I see in the market are become to have too many unserious developers that are not willing to push any further, as Bitcoin rises, notice that only top 50 altcoins are the ones rising along with Bitcoin.Those top coins are the ones I think has the tendency of having a bull run and worthy to keep because no one knows exactly when their bull run will come, which could happen within a twinkle of an eye, but if we have coins that are below these top 50 coin, I think it is best we sell them for Bitcoin, for chance of increasing our Bitcoin profit.
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?
The best practice anyone would advise you should have always been for you to diversify and have your assets in different coin, and since Bitcoin is the only major coin, while the rest of coins are all altcoins, we have no choice than to have at least 5 of them that we can trust to hold for a long term investment, which is still the top 5 altcoins.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?
For the rest of the coin, I think your method will be perfect, especially now that they are not having their bull run yet, we could still convert some of the altcoins we have to Bitcoin since Bitcoin is still the main dominant now, pending when some of these altcoins shows signs of bull run, then we can buy those that has potential to increase back.
Jump to: