Topic: Sell all alts for Bitcoin while it's down? - page 6. (Read 965 times)
Its not a good idea to sell your coins for BTC,you will be rekt if the bitcoin goes wild again,the best thing to do is to keep the solid altcoins and stick with them while BTC is moving wildly few hours from now the market will recover fast and you will realize that im right to hold your solid alts than to sell them for BTC.
If you did that for bitcoin when it was around $9,900 then you have earned already but if you have faith to your portfolio since it is your coins that you whom chosen then just keep on holding.
It is indeed recovering as of now which most people who did buy cheap coins on those dips are now smiling seeing on the profits that they made on a short period of time.This is the advantage if we do see those dips as opportunities to buy even more because those chances which we can barely able to see that's why we should not hesitate to buy even more because sooner or later coins prices will really recover no matter what just like on the thing we are seeing as of now.Do not sell your alts for Bitcoin. Bitcoin will recover slower. Mostly because of the price, but because of the high transaction fees, as well.
It's recovering now.I will not reccommend to do that, altcoins are affected by Bitcoin and Bitcoin is being pressed down by whales. Do not sell anything, this time is perfect to buy more
I agree. I think that even though that might seem to be a good move since most, if not, all coins are going down in value, like the above-stated reply, I will not support selling all altcoins, maybe 50% will do to just have capital to buy and stack some bitcoin for future use. You should keep those coins that may yield good profit potential if you have them in your portfolio.
I know everything is down right now.. especially Bitcoin.. Should we sell our alts for Btc and rebuy when it rises again or is it much for muchness?
I prefer to hold it. Selling altcoin while their prices and bitcoin currently drops is a big mistake, because with those altcoin, you have to get a lot of profit once the price goes up again. You will benefit to sell altcoin to btc plus more profit to sell btc to usd. 
If you did that for bitcoin when it was around $9,900 then you have earned already but if you have faith to your portfolio since it is your coins that you whom chosen then just keep on holding.
It is indeed recovering as of now which most people who did buy cheap coins on those dips are now smiling seeing on the profits that they made on a short period of time.This is the advantage if we do see those dips as opportunities to buy even more because those chances which we can barely able to see that's why we should not hesitate to buy even more because sooner or later coins prices will really recover no matter what just like on the thing we are seeing as of now. Do not sell your alts for Bitcoin. Bitcoin will recover slower. Mostly because of the price, but because of the high transaction fees, as well.
It's recovering now.
time to buy as much as you can for the rise. If you're looking for a low buy-in, look into ITC. Very good coin that is known as the IOTA of china. https://iotchain.io/
If you did that for bitcoin when it was around $9,900 then you have earned already but if you have faith to your portfolio since it is your coins that you whom chosen then just keep on holding.
Do not sell your alts for Bitcoin. Bitcoin will recover slower. Mostly because of the price, but because of the high transaction fees, as well.
It's recovering now. 
I do not see any sense in selling your bitcoins at the lowest price that has been observed in recent days to change it for some of the multiple altcoins that have emerged and will continue to emerge throughout the year. I would prefer to continue buying more bitcoin, and I would sell the altcoin with better performance throughout this terrible red days.
Buy all of the alts you can. I would get into ITC. Underrated coin atm that is known as the IOTA of china. https://coinmarketcap.com/currencies/iot-chain/
I wouldn't recommend you to do it..It is dangerous and there is the chance the price goes up again and will never back down and you will be forced to buy coins by more high prices if they are worth to you. So, if you want to sell, just don't sell everything, sell just 40-50% percent of holdings , don't be greedy , that will save you from global money losses.
if you are an experienced trader then yes you can add vast amounts to your stack..
if you aren't then no - HODL and ride it out. Noobs lose funds left right and center in a bloodbath. if you believe in your portfolio then HODL go for a swim and come back in 2 weeks
if you aren't then no - HODL and ride it out. Noobs lose funds left right and center in a bloodbath. if you believe in your portfolio then HODL go for a swim and come back in 2 weeks
Yes I agree. So that during the decline of the general market, something to sell or buy needs a very large experience. I understand that you do not have experience. Since you would not have asked this question now. Just stay away, do nothing. Wait until the market returns to normal operation. It's all not for long.
I think now it is not necessary to sell altcoins and buy bitcoin. Because altcoins fell in price more than bitcoin. You will be profitable.
Do not sell your alts for Bitcoin. Bitcoin will recover slower. Mostly because of the price, but because of the high transaction fees, as well.
I think the best advice always comes from the stock market - although you can't really compare the two - always sell when it's rising and keep when it's going down.
Also, from what I noticed it really depends on the amount of coins you have. If you have a lot of low priced coins those could easily triple or quadruple but BTC can go much less than double at this time.
Also, from what I noticed it really depends on the amount of coins you have. If you have a lot of low priced coins those could easily triple or quadruple but BTC can go much less than double at this time.
That's what people do right now,that's why altcoin market in such bloodbath.You have to predict the right timing to jump to the sell wagon,if you're late,you will lose your money if you sell it.Many people miss the chance to sell,they're either sell in the red or keep holding and wait the storm to pass.So,in the future,always look for the right time to sell when everything going grim and buyback later when the price is in the bottom.
No, I am not going to sell all my altcoins to buy bitcoins because the coins i am holding now are of good potential. I think that market will rise soon and will generate me a good profit. Just don't take any silly decision in hurry, wait and think and then take your next step wisely.
Thanks for all the replies... I asked because I currently own NO Bitcoin but have thousands in good alts.. (DRGN.. CAPP.. SUB.. GVT.. UTK.. TIO.. ETN.. EOS TRX etc..Tho I think BTC will rise heaps this year but so will my alts.... Dont have much fiat to buy BTC. 
I think thats a nice strategy sell all my alts to buy bitcoin. By this, your asurance for profit is base on the price of btc if. When the price of btc increasing again as the price btc last november to december 2017 you may sell your btc for the huge profit or you can hold it if you are not convinced with the price..
I think it's wise to sell altcoin now but maybe not all because we do not know also the future price of coins will rise again
Nice idea so do you have enough money to buy bitcoin but i don't prefer to buy all my alts just to buy bitcoins. Investing in a diverse method is i think the best way to earn more profit. In fact, i used bitcoin to buy my prospect coin and all is well.
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