What's wrong about people is that they are being confused on their decision because they want fast and huge profit on their investment. Which will certainly lead them to gain almost nothing. Moving to another kind of invesments, (let's say bitcoin to alts and vice versa) is way much more riskier most especially if it only adviced by those people you know who ain't that much familiar how the market moves, simply they just go to the flow of others. It is high risk, and you can loose much more by doing so. I prefer sticking to your current investment percentage because after all profit is profit, and it doesn't always need to be that big.
Unfortunately newbies do this all the time, they see and ad over the Internet stating they can make a fortune in a short amount of time and instead of using their common sense and thinking how is this even possible? They simple believe it and they want to obtain those profits not understanding that such a thing does in fact happens but only to a minority of the traders out there, and by the time they discover this it is too late and they have already lost most of their capital. 
Topic: Sell Altcoins - page 6. (Read 2231 times)
Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
Each moment has different trends and levels of emotions. Currently in this lunar trend, the bull run has been going on for a very long time and is maintained at a high level, propelling bitcoin to become a trillion asset. Yes, I suppose it would be wise to push alt to get btc at this point. This correction pulled the btc at $ 58k down to $ 54k. This is a good opportunity to transform to create advantages for the new ATH. a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
Well if the altcoins you hold is one of the top list in the market must better to hold it even if the bitcoin are in the high price because there will be a time for that altcoin that you have will be have a chance to bull run again and earn more profit on at. But we have different ways on how to handled that situation so we must think it first before we make some move so that we cannot waste our time in comes in decision that we would make.
That's it, we have different styles of investing. Many are in favor of owning more bitcoin than to hold more altcoins. Me, I prefer to have bigger portion of my stash in bitcoin rather than more in altcoins.Bitcoin's dominance is higher than them and it's feeling more secured that you have invested on it although when the bear comes, you really will be surprised by it.
Well if the altcoins you hold is one of the top list in the market must better to hold it even if the bitcoin are in the high price because there will be a time for that altcoin that you have will be have a chance to bull run again and earn more profit on at. But we have different ways on how to handled that situation so we must think it first before we make some move so that we cannot waste our time in comes in decision that we would make.
The best option is to divide your portfolio and hold more bitcoin as it is more stable and it profit is predictable compare to altcoin whose market is unpredictable and hard to rise when it get dump at any point. But altcoin can give you 800% profits within a second but that could also never come.
It is best to hold Altcoins which shows movement to its value. For me,it is not good to sell Altcoins, it is better to hold it because there is a right time it will be on top, though it's not that quick to earn profit easily but in a long run, you can say that it is worth to wait. It needs faith, trust and patience holding such Altcoins. If you have background to some Altcoins which is one of the top value now. It started from low value until getting it on top. So think positively that soon it will be on top.
If you don't have any $STBU you won't make it. The safest x10 you can earn
STO conducting will be the be the next big thing in crypto and https://stobox.io/ is aiming for parity with Tezos. LFG
$STBU is going to accelerate its growth! The best looking altcoin on Uniswap right now. Just 2 millions mcap
STO conducting will be the be the next big thing in crypto and https://stobox.io/ is aiming for parity with Tezos. LFG
$STBU is going to accelerate its growth! The best looking altcoin on Uniswap right now. Just 2 millions mcap
As long as you bought potential altcoins, there's nothing to worry about your holdings though Bitcoin would really surpass them because there's always a right season to gain a good profit from all our altcoin holdings. Just try to forget about your altcoin investments right now and try to check on it when the alt season approaches. Also, profit is still profit, and don't feel disappointed if you couldn't reach your expected profit because sometimes, greediness could lead us to regrets.
That's right, it is all about which coins you pick and you can't generalize it as crypto as a whole. For example saying altcoin could mean a coin that has zero potential and going down and not wanted, but it could also mean a good great potential new coin that everyone loves to talk about and highly ranked, which one are we talking about here?I would say that hard part is to pick that good coin, after all it is not easy to pick something that could value faster than bitcoin in the future, but if you can manage to do that it would mean that you picked one hell of a good altcoin and that's a good decision, but if you failed and managed to lose money because you picked a bad one, that happens to everyone and not worry about it and get back on the horse to try again and find something better next time. Obviously it is not going to be easy but you should stick with altcoins and learn that.
Since the initial increase in bitcoin prices at the end of 2020, I sold almost half of the altcoins that I had been holding and indeed the decision I made at that time was quite reckless because the movement of bitcoin when the initial increase was not stable, but of course there was no result will we got if we don't dare to take the risk and now my assets have even increased since I made the decision to sell altcoins with bitcoin pairs, even so I still hold several BNB and Eth altcoins as long-term assets.
If you own outdated Altcoins, it has a high possibility of success for SELL, I made a list of arguments:
We should not buy outdated and overvalued coins
People still own many outdated and not innovative coins.
For good profits wee need to make sure, to only buy an innovative coin and sell all outdated coins.
We should not buy outdated and overvalued coins
People still own many outdated and not innovative coins.
For good profits wee need to make sure, to only buy an innovative coin and sell all outdated coins.
This is an infallible option, for now I think it is the best decision, many Defi projects have taken many investors from the market, if we take into account the main characteristics of many alts they may be superior but I think it is leading the "fashion" based on the high range of advertising on social networks, now have a very large arsenal for the traffic of new projects to overshadow those that so much work in development has been raised.
Now looking at it from the point of view of a market speculator, if they see the price of Bitcoin rise rapidly, some are going to sell their Alts so as not to miss the movement of Bitcoin, it is what happens in the majority, and once this the price of the alt goes down noticeably, and if profits are made in BTC, they can put that money back in the highs when the Bitcoin market stabilizes. The best thing about this move is that they will be able to buy the same alts but with a much lower price and they will be able to have many more alts than before.
If you own outdated Altcoins, it has a high possibility of success for SELL, I made a list of arguments:
We should not buy outdated and overvalued coins
People still own many outdated and not innovative coins.
For good profits wee need to make sure, to only buy an innovative coin and sell all outdated coins.
We should not buy outdated and overvalued coins
People still own many outdated and not innovative coins.
For good profits wee need to make sure, to only buy an innovative coin and sell all outdated coins.
What's wrong about people is that they are being confused on their decision because they want fast and huge profit on their investment. Which will certainly lead them to gain almost nothing. Moving to another kind of invesments, (let's say bitcoin to alts and vice versa) is way much more riskier most especially if it only adviced by those people you know who ain't that much familiar how the market moves, simply they just go to the flow of others. It is high risk, and you can loose much more by doing so. I prefer sticking to your current investment percentage because after all profit is profit, and it doesn't always need to be that big.
Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
As long as you bought potential altcoins, there's nothing to worry about your holdings though Bitcoin would really surpass them because there's always a right season to gain a good profit from all our altcoin holdings. Just try to forget about your altcoin investments right now and try to check on it when the alt season approaches. Also, profit is still profit, and don't feel disappointed if you couldn't reach your expected profit because sometimes, greediness could lead us to regrets.
Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
I believe that BTC domination will remain large, since now all forces are thrown on the growth of BTC. For this, funds are needed, and it is precisely the altcoins that will serve as growth for BTC. I believe that in such a situation it is better to keep funds both in BTC and in altcoins, however, you need to be more careful about altcoins and try to choose more promising ones that can show good growth.
It is not good idea to sell alts and buy BTC especially if BTC price has soared so much during the last bull trend. Better wait for bear market for re-entry.
Its ok to sell as long as you already made profit, and do buy some good projects again and Bitcoin can also be a good option. The price is very volatile as of the moment, we’ve seen the pump and dump with bitcoin over the past weeks and that can be a good way to make profit so its ok for me to sell my altcoins to buy bitcoin, again this is my personal analysis as a trader, not an investment advice. That's the biggest reason why people end up losing money, they end up putting their money into something that is going up and they lose money. You do not put money into something that is going up, you put money in it before it goes up, if you are not sure what is going to end up going high then you should not put money into it, if you are sure about it going up then you should be spending money to make it go up yourself of at least buy beforehand.
Obviously nobody could say that it should be done this way or that way because everyone has their own way of trading, but if you buy something that is going up that means you will end up losing money if it stops going up. I have seen people losing thousands of dollars because of things like this, there is nothing wrong with buying when things are low, keep buying as long as it keeps going down and do not be afraid.
This is very common, people see that an altcoin went up in value and instead of thinking it is dangerous and a bad idea to invest in a coin once it has reached a new ATH they think this is the opportunity to buy when that is precisely what many whales want them to do, then once they push the price up long enough they begin to sell and the ones that bought at the top are the ones that suffer the greatest losses as many do not want to admit their mistake and keep holding their coins hoping for things to change, but of course that never happens. Obviously nobody could say that it should be done this way or that way because everyone has their own way of trading, but if you buy something that is going up that means you will end up losing money if it stops going up. I have seen people losing thousands of dollars because of things like this, there is nothing wrong with buying when things are low, keep buying as long as it keeps going down and do not be afraid.
Bitcoin is not yet done so I think if you choose the bitcoin you still earn profit.
Bitcoin still moving forward, for best outcome, having good amount invested to Bitcoin still prfoitable.
But in my opinion I think it is really good if you invest and do not sell your altcoins because for me the altcoins will gives more profit than the bitcoin.
In terms of numbers of folds, Alts that have good functions still have a huge chance to grow more.
Can difinitely brings much bigger profits.
Because the times of possible to be highest is times 2, of the current price but the times of possible for the altcoins to increase is more than 2x if that is potential coin like the ethereum , ripple and bnb.
That's what I'm saying, most of the times, Alts that really breakout brings a huge amount of profits to
all it's early investors.
Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
do not sell all your altcoins for bitcoin my friend
especially if you hold the right altcoin such as ethereum or bnb mate
because we can make profit by holding altcoin too
regards
I hope that I am diversified enough, I believe that we are going to end up with a good profit but I do not know how much, I fear that maybe I am not spread enough and the price may end up being not so bad and not so great for some alts or bitcoin, if I diversify enough that would mean that I could end up profiting whenever one of them increases and can move to another one and get profit from each increase.
It is not good idea to sell alts and buy BTC especially if BTC price has soared so much during the last bull trend. Better wait for bear market for re-entry. If you have a bigger trading capital, go to check the reliable projects and their market shares before investing. The alt season is not started yet and the chances of entering altcoin season increases every day. Better to keep track of alternatives coins rather than investing in single cryptocurrency.
It will be wise to sell some altcoins for Bitcoin if you're not selling the altcoin at a lost price but if the altcoin are DOT, LINK, ADA and ETH. I will recommend you to hold the altcoin and looking for another capital to invest in Bitcoin.
Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
I think you should hold back and not switch. Until now, Bitcoin and only a few major altcoins grew. It seems that the altseason is starting and now the prices of coins from further positions on Coinmarketcap will start to rise.
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