Sell Altcoins - page 8. | Bitcointalksearch.org

Smitty Werben Man Jensen

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Quote from: bandungan on March 17, 2021, 11:50:20 AM

Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

you can sell altcoins when they are profitable. I think selling altcoins when for better than holding back profits, so my advice is to do it instead of feeling disappointed. moving to btc is also not a loss, but it's a choice and confidence, because in cryptocurrency anything can happen

if it's already profitable, why not sell it ?, but if you haven't got a profit it's better to hold, we are still not in the altcoin season,
so there is still hope that the altcoins you hold can increase by 5 to 10x, hope and pray are the key, I suggest buying when correction,
do it all the time, and implement the bag holder strategy!. good luck.

bandungan

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Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

you can sell altcoins when they are profitable. I think selling altcoins when for better than holding back profits, so my advice is to do it instead of feeling disappointed. moving to btc is also not a loss, but it's a choice and confidence, because in cryptocurrency anything can happen

tygeade

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I think if you did that before, it would have been better, because bitcoin increased more than others, but now it would be smart to stay in altcoins, because they are going to increase now that it is their turn. Bitcoin increased a lot so having 70% bitcoin and 30% altcoin would have been ideal for that period, now it makes no sense.

I think you should be in big guns though, do not go with 200+ ranked coins, those are too small and risky and you may end up losing money even during a bull period, but pick coins from top 50 and you could actually end up profiting something. That is at least what I think, not that I am a big investor but the point of crypto should be to make more bitcoins and buying bitcoins is not that path, buying alts and making profit and selling them for more bitcoin is a great way to make a profit and everyone should focus on that.

Reatim

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Actually depend on your main purpose for investment .

- If you are into long term or at least semi long term investing , then always consider Bitcoin for this .

- If you are into Daytrading or short term ? then consider Altcoins because they are the fast acting coins , either fast in Bumping or Dumping so better choose the one that will Fit your desire strategy.

But safest? it is Bitcoin indeed.

michellee

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Quote from: rhodelmabanal on March 16, 2021, 09:26:07 PM

Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

I think you dont need to sell some good altcoin for btc, Because altcoin has a capability to rise when bitcoin is in a bullrun status, i suggest to hold the altcoin and wait for a good price to sell amd earn big profit. Bitcoin is good coin to invest but for now base on its price it is really risky because it needs a lot of money if you invest on it today, better to wait for the dip before you buy bitcoin.

If the altcoin price increase to the highest price, he can sell it right away and enjoy his profit in bitcoin and hold it for a while. But I think he can not expect to see his altcoin increase and reach more than 100% than the price now because the bitcoin price itself is more than $50k, which will be very difficult for the altcoin to reach the value so high. Maybe the percentage that we see at the last ATH is too high, but the bitcoin price does not increase too high, and that was just to reach $20k. But well, everything can happen to the altcoin price. Hopefully, the price can pass the price that we want.

Silberman

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Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

Your observation is correct, you have won money against fiat but lost money against bitcoin, the problem is that you have waited for a very long time that it has become a difficult decision, still I think it is worth to sell your altcoins in exchange for bitcoin as even if there was a crash in the markets most likely altcoins are going to go down in value faster than bitcoin giving you more time to think about what you want to do and reducing your losses that way.

rhodelmabanal

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Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

I think you dont need to sell some good altcoin for btc, Because altcoin has a capability to rise when bitcoin is in a bullrun status, i suggest to hold the altcoin and wait for a good price to sell amd earn big profit. Bitcoin is good coin to invest but for now base on its price it is really risky because it needs a lot of money if you invest on it today, better to wait for the dip before you buy bitcoin.

bct-user

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Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

Do you think it would be wise to sell some Alts for BTC right now?

If you see the improvement of your altcoins already improved above 50%, it is no problem to sell them for BTC or for USDT. It is the way how you secure your profits, then if you want to buy again the altcoins, you just wait for the correction. There is no need of too greedy in profits, you are better to manage your investment in a safer way by securing the profits after reaching a certain target.

djgtr

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Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

If I could get more profit from the dead alts that I still hold today, I loved to do it in order to divert with bitcoin. However, the price of my holdings was unfortunately not good and remained so down these days. Altcoins with no strong support from community has no further increase of demand because most people prefer to trade with btc or ethereum.

Ridwan Fauzi

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Bitcoin dominance is strong, I always expected when bitcoin reach its new all time high then the trend will be changed, altcoin market is coming but it never happen. I have been waiting for long time and I have collected some altcoins that I should buy when the real altseason is coming.

So, it will be the right decision to sell your altcoin investment and buy bitcoin and hold it for long term. Seem like the bull run market will never end at this year. Since there are so many instutional investor just coming to buy bitcoin which is a good news for us, finally the real mass adoption is coming to us.

litepool.ru

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Quote from: hush on March 16, 2021, 09:38:19 AM

NFT is the next trend which is being pumped hard so you should pick wisely any NFT based token to multiply your money. At the moment all projects are doing well just need to make some research to find the best project there.

Never let a trend fool you about its valuable truth, I've seen a lot of projects follow this trend, and it's really bad, not any NFT project is successful, new projects appear all the time and many unknown projects show signs of fraud. Trends are important but don't overdo it as it is like the old defi hype, it will take time for projects to build and refine themselves.

bittick

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Quote from: hush on March 16, 2021, 09:38:19 AM

NFT is the next trend which is being pumped hard so you should pick wisely any NFT based token to multiply your money. At the moment all projects are doing well just need to make some research to find the best project there.

Okay...you said that NFT is a trend but it has nothing to do with what already said by the thread starter as you can see that he already hodl his own altcoins. I guess that will not relate to the NFT. He was in dilema whether he should convert some of his coin or not for the major coin.
I think that it's too far to think he will even convert his altcoin into the NFT coin.

When he was feeling confidence about that he might convert a small portion into the major coins.

angrynerd88

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According to me that will gotten to be a really wise decision man consider altcoin contains a chance to urge another bullrun after the bitcoin bullrun already done.I think must learn from past history of advertise and coins. As we all know the drift that's happening within the crypto and when altcoin will increment after bitcoin will be begun to stabilize.

hush

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NFT is the next trend which is being pumped hard so you should pick wisely any NFT based token to multiply your money. At the moment all projects are doing well just need to make some research to find the best project there.

deathcode

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Quote from: ?? on ??

Altcoin season yet to come. Don't get impatience, some of us have been into crypto for just few months and hurry to take out the profits. HODL some moments, you won't lose anything. Better ignoring outside noise. People get frustrated so early, and this attitude should be solved.

they are not impatient. this is actually the basic stance of investing. they may have reached the target price they wanted to achieve. There is no harm in selling when the pump is like it is today. although not many altcoins are not getting the max pump.
I believe those who buy assets must have planned well. so when they decide to sell or hold the assets they have, it all depends on the consistency of the plans they make.
avoid greed, it will save you.

michellee

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Quote from: javainn on March 16, 2021, 04:02:29 AM

selling some alt for btc is not a problem. but you may have to try to buy altcoins that are still low-priced and potential, maybe this can make you profit when your investment is successful and gets a high price.
seeing high btc dominance, altcoins will usually follow higher.

That is a good idea. But people tend to buy the coin which has rally and expect that they can follow the price increase and make a profit. But the truth is they can not make a profit, especially if they just buy and sell the coin without analyzing the price. Buying the altcoins at a low price will always be recommended, but they can not always get the right coin to buy, so it will need more research to find the coin.

kotajikikox

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Quote from: ADCrypto101 on March 13, 2021, 02:51:53 AM

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.

How many altcoins are we talking here ? if you mean diversification then you have made the best strategy here mate because all of us has that same thing.

But of course most of us has 50% or more Bitcoin and the another half segregated to at least 5 altcoins the least?

in this way we can maximize our potential profit .

leea-1334

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Quote from: Ararbermas on March 16, 2021, 01:20:23 AM

Choose the one you see have a future to hold and you can gain more profits even if it's a long run..because it's ver ly risky and for sure a wrong decision if you jump out to any investment and prefer to join with the BTC wave, especially if you don't have an idea how long it will sustain the pump.

Alts are not long run in general,,, this is the problem. The fact that they rely on hype marketing and bounties means they know they are not around for long, hence the attitude of live fast and furious from the projects and from the buyers as well.

Quote from: javainn on March 16, 2021, 04:02:29 AM

selling some alt for btc is not a problem. but you may have to try to buy altcoins that are still low-priced and potential, maybe this can make you profit when your investment is successful and gets a high price.
seeing high btc dominance, altcoins will usually follow higher.

Man,,, if everyone thought like you, the markets would all die in altcoins at some point. Oh but I guess everyone does think like you:p

javainn

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selling some alt for btc is not a problem. but you may have to try to buy altcoins that are still low-priced and potential, maybe this can make you profit when your investment is successful and gets a high price.
seeing high btc dominance, altcoins will usually follow higher.

Ararbermas

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Choose the one you see have a future to hold and you can gain more profits even if it's a long run..because it's ver ly risky and for sure a wrong decision if you jump out to any investment and prefer to join with the BTC wave, especially if you don't have an idea how long it will sustain the pump. It's very skeptical tbh. Because you know it's so volatile in the market compare to alts.. And in my opinion if i were you stay still where you can obtain profits,, even if its small at least less worries and the most important you can assure there's a good returns despite all of your efforts .. Its too good to be true so be smart mate.

Topic: Sell Altcoins - page 8. (Read 2216 times)