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Topic: Sell alts for Bitcoin - page 3. (Read 1074 times)

sr. member
Activity: 308
Merit: 250
October 29, 2017, 02:43:14 AM
#22
The real question is if alts will go lower when bitcoin goes down.
hero member
Activity: 1820
Merit: 515
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October 29, 2017, 02:38:09 AM
#21
bitcoin only a few moments to 2x fork, I think you should buy altcoin is a good chance. because altcoin is at a low price, and will give you a 2x - 4x profit. and now altcoin has started up.

If you are a small invester it is better to go with altcoins than bitcoin because nowadays some of altcoin give much more profit than the bitcoin but some altcoins are risk to invest.So if you are a trader its better to go with sell altcoins for bitcoin because both will give you good profit but the profit will be based on your investment.
sr. member
Activity: 1050
Merit: 277
October 29, 2017, 02:34:31 AM
#20
bitcoin only a few moments to 2x fork, I think you should buy altcoin is a good chance. because altcoin is at a low price, and will give you a 2x - 4x profit. and now altcoin has started up.

Maybe. But we can never know. If there will be a massive buys or sells in bitcoin, altcoins always turns to red and you can loose money.
sr. member
Activity: 356
Merit: 250
October 29, 2017, 02:29:37 AM
#19
bitcoin only a few moments to 2x fork, I think you should buy altcoin is a good chance. because altcoin is at a low price, and will give you a 2x - 4x profit. and now altcoin has started up.
Agree, sell your altcoin when the hardfork coming, then back to trading with buy the altcoin, 4x profit is not hard but nothing impossible on trading.
full member
Activity: 608
Merit: 100
October 29, 2017, 02:20:26 AM
#18
bitcoin only a few moments to 2x fork, I think you should buy altcoin is a good chance. because altcoin is at a low price, and will give you a 2x - 4x profit. and now altcoin has started up.
sr. member
Activity: 924
Merit: 255
October 29, 2017, 01:41:13 AM
#17
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
For me, for the moment I prefer to buy and invest on Bch. just look at on the price showing keep moving up, I believe this can giving profits when I selling it back into bitcoin, and combine it with bitcoin that I have.. I'm sure this could be a strategy that can provides an opportunity to gain more profit while waiting for bitcoin price leads back moving higher up.
full member
Activity: 728
Merit: 101
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October 29, 2017, 12:41:32 AM
#16
it might be a good idea but for me i would'nt do it cause bitcoin value is too high and even its rise i dont think i would be gain tremendous profit from it. so better split it to altcoin that you believe in to minimize the loss. but investing in bitcoin not a wrong decesion either. its just a better option that might you want to consider
full member
Activity: 546
Merit: 100
October 29, 2017, 12:36:21 AM
#15
It is common believe that when something is valuable and important we want to buy them at any cost sometime we sell the other things for the sake of that important thing to buy. The same is for bitcoin if we want to have a positive outcome we should buy the bitcoin in the present time because this is the end of this year and I hope that in the next year the bitcoin price will rise we should buy bitcoin if we have altcoin we will sacrifice for the profit which will come from bitcoin
member
Activity: 62
Merit: 10
October 29, 2017, 12:34:06 AM
#14
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 would not, soon the time for alts will come, and you'll think you can drain them up until the end of the year and you'll see that you were wrong. In general, it's yours, but leave at least part of it.
newbie
Activity: 5
Merit: 0
October 29, 2017, 12:32:55 AM
#14
The Segwit2x without replay seems like it will be a nightmare, I am staying off bitcoin during the fork.
hero member
Activity: 770
Merit: 500
Bazinga!
October 29, 2017, 12:24:19 AM
#13
you shouldn't plan like this when it comes to altcoins. instead think of them as a temporary place where your bitcoins go before they come back with profit.

of course that is more of a traders' strategy but it is a good strategy that works best in altcoin market and will give you the most amount of profit. you start trading different altcoins whenever they have some news or hype and are getting pumped because of it and you always increase your bitcoin that you invest in them.

if you do that, you get the answer to your question too. the profit of trading like this is a lot more than the profit that a forked coin can give you. for example BTG gave me 19% profit which was good but trading can give me 100% profit.
hero member
Activity: 2436
Merit: 503
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October 29, 2017, 12:14:54 AM
#12
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 the next 2x will be generating annother forked coin and that will be a good thing but remember after the hardfork and there will be a big dump for sure. as you can see the market is in the demand on the bitcoin.
sr. member
Activity: 1932
Merit: 300
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October 29, 2017, 12:13:59 AM
#11
For me, I just go for the coins/tokens I believe in.
I then place sell order of 50% of my coins at price 2.1x, in that way I recover my investment+transaction fees in x time.
I then place rest in 5x, 10x, 20x, 50x and 100x inorder to get profit.
That way I'll not miss any natural or artificial price pump.
newbie
Activity: 39
Merit: 0
October 29, 2017, 12:13:39 AM
#10
buy bitcoin now and wait for more red, then make some profit that way.
full member
Activity: 672
Merit: 154
Blockchain Evangelist.
October 29, 2017, 12:11:28 AM
#9
I think this's good time to buy more altcoin, just focus on big-volume coins.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
October 29, 2017, 12:03:18 AM
#8
I don't think so this would be proved good strategy this time. Bitcoin is already rise too much. I am expecting drop now because some correction is due that market has to follow anyhow. We can't depend only on bitcoin there are also some good alt coins that you can buy or hold for long that will also give you good profit. But I would advice you to research & select some 5 good altcoins that you think will remain strong whether Btc rise or drop. We should not believe on only 1 coin rest is your choice.
legendary
Activity: 1372
Merit: 1005
October 28, 2017, 01:33:23 PM
#7
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

Altcoins investment will not be long last more than a year I think. Since many coins are introduced next to  bitcoin. We just seeing ETH, LTC, dash and Dodge only a balance in the top alts list.
So we cannot expect every coin will be long last like bitcoin. Don't buy the alts again instead buy bitcoin save your coins in BTG rewarded wallet. That might profit for you.
legendary
Activity: 1918
Merit: 1728
October 28, 2017, 01:31:05 PM
#6
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

It will be a huge mistake to categorize whole cryptocurrencies market into two segment, Bitcoin and alts. There are hundreds of coins, each being affected by thousands of factors. Open CMC any day and you will find all coins moving in different directions, some red, some green.
So it is wrong to make any trading strategy while generalizing all the altcoins. However, it is always recommended to invest in multiple coins rather than throwing all money in 2-3 coins.
full member
Activity: 336
Merit: 100
October 28, 2017, 01:26:44 PM
#5
If i see my coins price increases 2x,then i sell my altcoin for bitcoin.I've got twice more times.I think it's very profitable trade for me.I hopeful again come this time for me when i sell altcoin for 2x bitcoin.
full member
Activity: 302
Merit: 100
October 28, 2017, 06:30:27 AM
#4
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
Nope, but if you are seeing about the latest news about the potential of the protest hardfork against bitcoin gold to be happened. I can say you can try to spent some of your altcoin and save your bitcoin.
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