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Topic: Sell all alts for Bitcoin while it's down? - page 4. (Read 965 times)

full member
Activity: 910
Merit: 103
I never sell my alts because I believed that all of them have potential to earn more profit in the future , It's a shopping time while bitcoin and whole market price is down
hero member
Activity: 1498
Merit: 586
Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it
For me don't sell your altcoin because there are still have value and have potential to get profit, if you can afford to buy bitcoin without any selling altcoin then buy. Or if you have extra income to get maybe you can use it to buy bitcoin rather than selling your altcoin.
full member
Activity: 658
Merit: 102
If you are holding a potential altcoin or some top ten coin then it can be use for long term hodl because its price will sure to rise again after few weeks. Be sure you bought it at lower price so you can benefit from it when it price go up again. If you have no time for trading then still the best option is hodling if you have the patience to wait. Some price of the altcoins are up while bitcoin price is going down, time to make profits then buy again at lower price.
newbie
Activity: 20
Merit: 0
My suggestion is just hold the coin even the price is going down. I think the price will come back to normal sooner, just keep calm and hoping for the price to raise again.
member
Activity: 110
Merit: 10
You don't really need to sell your alts, just put another investment to bitcoin. Still depends on the alts that you invest in whether if you sell it that you'll get profit from it. And yes it is a good time to buy bitcoin now while it is down, you don't wanna miss the chance of that.
full member
Activity: 280
Merit: 102
if you sell alt-coin or bitcoin when the price falls and buy it when it rises then you will lose and it is not an investment destination, it's better to wait or sell some of it
jr. member
Activity: 262
Merit: 2
yes I'm doing it really is selling my altcoins for bitcoin while bitcoin price is low today because when bitcoin price rises over so much money I earn and that's a good strategy to earn bitcoin.
newbie
Activity: 140
Merit: 0
I do not think that it's a good idea to sell all the Altcoins and buy Bitcoin. Nobody knows where the Bitcoin will go to.
Maybe upward, but it can fall. January 26 expires the CME futures options term, so big players will pull Bitcoin in their favor.
And the price of altcoins is tied mainly to the BTC. I believe that until January 26, the Bitcoin price will fluctuate
between 10,000 USD and 12,000 USD. Then BTC growth should follow.
And all the other altcoins will follow bitcoin. Crypto-currencies global capitalization should reach 1 trillion US dollars this year.


It's the opposite, it's time to buy not to sell all the altcoins and Bitcoin you have.
It's true that nobody knows what will happen to Bitcoin in the future, but i still believe that the  price will rise slowly, this is the right time to buy altcoins and Bitcoin, you have to invest more.
full member
Activity: 602
Merit: 101
I do not think that this is a good way out of the situation, because your altcoins also decreased in price relative to bitcoin, So I think when the correction process started I think you should just wait, if you certainly did not have time to do anything, but in general it is better to fix your deposit in USDT
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it

Since bitcoin now is hitting again the bottom many are thinking to buy which is a good move to profit good but selling all your alts just to buy some especially if you have those promising one is really absurd. Just sell some of it and not all especially eth ( if you hold it ) as the price is increasing slowly but doing a great job. Another FUD again so expect bitcoin to be in dip.
jr. member
Activity: 88
Merit: 4
Bitcoin is slow, transaction fees are too high and the devs are always in disagreement about its direction...personally I moved out of bitcoin last year at a profit and am not going back in, ETH and EOS are the future. Could BTC hit 100k this year sure - market growth should be to around 5 Trillion by 2019 which means the top 50 should each see a 10x increase, but I believe this is where we see others gain more % over time.. Bitcoin had 80% dominance in 2016, 60% dominance in 2017, and is down to 34% already this year...its time is passing.

Personally Id wait for the correction and get out what I had in it and move to something else. Remeber you wont realize a loss unless you sell for a loss. Bitcoin will bounce back, but i wouldnt stay in past that.
full member
Activity: 824
Merit: 104
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sell if it far from u buy it, and buyback hold let it profit. If my opinion like that idk if someone have some good strategy .
sr. member
Activity: 448
Merit: 250
Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it
Good decision, as friend told that its not necessary to sell all altcoins but i want to tell you its not wise decision to sell your all altcoins and buy bitcoins i will decide you to invest your money in different coins in place of only one coins and that will be given best result to you always while also you need to identify some better coins, not good to take any coin whose have no value in market.
newbie
Activity: 126
Merit: 0
I do not think that it's a good idea to sell all the Altcoins and buy Bitcoin. Nobody knows where the Bitcoin will go to.
Maybe upward, but it can fall. January 26 expires the CME futures options term, so big players will pull Bitcoin in their favor.
And the price of altcoins is tied mainly to the BTC. I believe that until January 26, the Bitcoin price will fluctuate
between 10,000 USD and 12,000 USD. Then BTC growth should follow.
And all the other altcoins will follow bitcoin. Crypto-currencies global capitalization should reach 1 trillion US dollars this year.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it
hero member
Activity: 2604
Merit: 816
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Depends what alts you have in the wallet.
But I prefer to invest in new Bitcoins and keep the alts that I have.
Or at least some of them.

but I think it is better to still hold the altcoin until it is increase so we can sell to take a profit. because we are only take a loss if we sell the altcoin when it's down and I think we don't want to take a loss, right? there will be a time for us to have more bitcoin from our profit for selling the altcoin and patience is the best thing that we could do right now. once the altcoin price increase back, then we can take a big profit because when the altcoin increase, it will increase more than just 10%.
ukw
sr. member
Activity: 616
Merit: 250
Depends what alts you have in the wallet.
But I prefer to invest in new Bitcoins and keep the alts that I have.
Or at least some of them.
member
Activity: 198
Merit: 10
I did that. I think it's a good idea, what do you think?
full member
Activity: 448
Merit: 100
I have a principle - dont sell in minus, thats why I am holding  all my coins,  however if you have free eth or btc you it is a good time to by coins with discount))))
full member
Activity: 336
Merit: 106
That's a mistake most have done and it's the complete opposite of what one must do. In order to profit, you should buy LOW and sell HIGH and not the other way around. Apparently, some have been pressured whenever the price goes down and feel the need to sell because they fear of losing. When the price goes up, people buy because of FOMO or having the fear of missing out, which shouldn't be the case. You should buy when the price dips then sell when it goes up. Although BTC has gone down, you should have also used the opportunity to buy when the alts had gone significantly done at the same time.
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