the best strategy to when buying altcoins to get profit, is to buy a lot of altcoins as possible when
price go down so hard, because as we know once the price go down, it will eventually go up in the next day or two
but make sure you buy known coin, not the new coin or hype coin
then once the price go up, sell the coin, then repeat the strategy
Topic: Sell alts for Bitcoin (Read 1074 times)
That's the nature of HODLing sir because you gotta hold on your precious coins no matter how deep its market value goes down. You don't mind the risk of selling it at a lower price if its market value continuous to plummet. Or sell it at a better price once its market value skyrocketed unexpectedly in the following days, otherwise. If you have a feeling that that coin has a potential to rise soon, then it's time to buy it at a lower price.
I guess that will work if gou are aiming to just invest or hold bitcoin. But if the tcoin you are holding have so much potential and can possibly give you some profit, better hold on to it and let the profit grow. At the same Time, wait until btc value goes down and when it doee, that is the best time to buy some btc. But better make sure that the profit you are gaining from bitcoin is way higher than what you will get with the altcoin.
Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you
If you are just going to do it right now, I am afraid you are a bit too late. Bitcoin has already broke the $7,000 resistance and went a little past that. That has put most of the altcoins down. Right now, the best thing to do is not to sell but buy altcoins. The altcoins right now are so cheap that you can easily buy them with an insured profit in the next month. Bitcoin is already very high. I think it will be going stable for a short while before dipping a little.
Do you think it can be a good strategy waiting for 2x?
I've sold most of it and I'm now trying to get myself ready for the upcoming B2x fork, majority of the alts before are in downfall but some are trying to recover now. How many alts do you hold then?
Do you think it's better rebuy alts before the event or just after it? Thank you
It's better to buy back those alts after the hard fork when you have enough profit from the hard fork. I would go for buying bitcoin before the events and not for the alts.
Everyone is hoping for the double the amount of bitcoins type of fork where 2x bitcoin is the new bitcoin, which will retain the 7000 dollar price mark while the other bitcoin will be like cash, it will hover just above 500 dollars. This is a free 500 dollars that you will not get if you didn't originally have bitcoin. So yes, go for it and get some free money.
The world of altcoyins is very diverse and in order to understand it, it needs to be studied well. After all, at the same time there is a drop in some violas and the rise of others. And their movement in one or the other direction depends on many factors. However, it would be correct to partially turn its profits into bitcoins, since most operations with crypto currency are carried out through bitcoin.
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I read many people saying sell your alts for bitcoin, that is true if you have like 4 or 5 bitcoin in order to profit from the price going up, if you have like 0.5 bitcoin or less your profits will be minimal, why should you do that ? If you want to make money with bitcoin than having a few bitcoins is the minimum, so stick with yout alts if they are one of the good projects around, in the future they will be worth alot more, once you have taken good profits from alts it is wise to convert it to bitcoin because only then you can make decent profits.
why we do selling alt if we had some promising alt in our wallet. just keep it.
when you have some more money, yes buying bitcoins is good time now, there were good trend in some days last, as i seen this will be going to have better value for some later still.
when you have some more money, yes buying bitcoins is good time now, there were good trend in some days last, as i seen this will be going to have better value for some later still.
Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you
I don't known! But you can sell every you had! And buy it when price down or buy other altcoin
It makes sense to sell all the altcoins and get the bitcoin.
Because this is the most opposed to the work.
Because this is the most opposed to the work.
Well, estimating the situation on the cryptocurrency market today (last month), it is worth selling altcoins and invest into Bitcoin.
On the other hand, it seems BTC has reached its maximum.
Anyway it is better to monitor altcoin rates and invest into the most profitable one. BTC can't go up infinite.
On the other hand, it seems BTC has reached its maximum.
Anyway it is better to monitor altcoin rates and invest into the most profitable one. BTC can't go up infinite.
Yup! we should monitor on other Cryptos and not on bitcoin alone, I think there are many potential with the top 5 to 6 Altcoins out there, you just need to juggle your investment with bitcoin and Altcoins, but yes there are many user if they can get their Altcoin they will immediately convert it with bitcoin, I think there are good things that may happen trading with Altcoins and not focus alone with bitcoin.
Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you
waiting for 2x, I don't think should sell all assets to bitcoin. I just sell some of them. I still keep eth. I still use eth to invest in ICO. I hope from the small investment can make my eth grow. Expecting profit from ICO , some people don't like it but for me, it works and help me grow my eth. Instead of trading in the market, buy good ICO is more profitable for my case. I don't think you have the same experience as mine.
i just read the tread in local indonesia, and it is china remove while ban bitcoin trading. so it's best to sell altcoin and conversion to bitcoin, the possibility of bitcoin will fly again
Well, estimating the situation on the cryptocurrency market today (last month), it is worth selling altcoins and invest into Bitcoin.
On the other hand, it seems BTC has reached its maximum.
Anyway it is better to monitor altcoin rates and invest into the most profitable one. BTC can't go up infinite.
On the other hand, it seems BTC has reached its maximum.
Anyway it is better to monitor altcoin rates and invest into the most profitable one. BTC can't go up infinite.
Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you
If you always doing trading sell your altcoin when the price is high and convert to bitcoin and buy your coins again when the price goes down you can always use bitcoin to buy back again your altcoin
if you buy bitcoin you going to be guaranteed to be doubled in a long term but altcoins are not certain it may decrease to half or mütlipled by 5 who knows.its your decide
Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you
why do we all have to be bitcoin focused, i mean it costs a ton of electricity, why do we need that?
i mean miners need that or they can close their installations down.
I think you should be in BTC till December
Well I would suggest that he'll stay in the alts till December, I mean I know that the price of Bitcoin is at hike in that date so it'll be best if you can gather as many altcoins as you can. I mean you are farming altcoins for Bitcoin, I don't know if you ever heard of this strategy but this has been effective at my state atleast. You see the technique was, you are gathering tokens and those are probably forked to the decent priced altcoins out there then you are going to sell it, now the most significant part of this is that your earning in massive numbers not just stable number but massive. You can earn Bitcoin right away by joining some campaigns on the Bitcoin section but its not that many so you might want to set up to a more risky but has a chance to earn a lot.agree
I think you should be in BTC till December
Well I would suggest that he'll stay in the alts till December, I mean I know that the price of Bitcoin is at hike in that date so it'll be best if you can gather as many altcoins as you can. I mean you are farming altcoins for Bitcoin, I don't know if you ever heard of this strategy but this has been effective at my state atleast. You see the technique was, you are gathering tokens and those are probably forked to the decent priced altcoins out there then you are going to sell it, now the most significant part of this is that your earning in massive numbers not just stable number but massive. You can earn Bitcoin right away by joining some campaigns on the Bitcoin section but its not that many so you might want to set up to a more risky but has a chance to earn a lot. Jump to: