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Topic: Selling BTC for Alt Coins? - page 10. (Read 1966 times)

member
Activity: 462
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March 15, 2024, 02:06:01 AM
#45
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
Because of the bull run going on in the market the value of both bitcoin and altcoins is increasing but don't make a mistake by investing everything in altcoins. Bitcoin is a much stronger currency and much less risky than altcoins. Will leave some for altcoins after investing in bitcoins. Bitcoin will give good profit in future.
sr. member
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March 14, 2024, 10:16:23 PM
#44
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

It's altcoin and bitcoin bullrun season. This is something that rarely happens and usually only happens during the bitcoin halving moment. I think $2k is a big amount but I don't know what price you bought Bitcoin at that time. In my opinion I would take 50% to trade altcoins. I think bitcoin is the safest savings asset so I wouldn't throw it all away on altcoins. Because when I get a profit from altcoins I will definitely re-invest in Bitcoin.
full member
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March 14, 2024, 08:07:09 PM
#43
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
The market is where we come to sort out our needs, I'm keen on bagging altcoins that have promising road map and not some random projects that will fold up anytime from now. Everything is all about milking the system and it will never be funny if one doesn't suit into the space, I don't care about the trends but interested in price actions because that's the only movement that will affects the market negatively or positively. You're making crucial points in the market, I've come to realized how bitcoin have been dormant all these years and it's charts is found to be dull unlike altcoins that easily makes the good moves in the system.
sr. member
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March 14, 2024, 05:38:57 PM
#42
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
If you are thinking of selling your bitcoin investment and investing in altcoin then I think your thinking is very wrong because if we look at bitcoin this season we can see that bitcoin has increased the most which coin will rise like bitcoin in line with bitcoin could not  A little look at the market and you can see that where Bitcoin is growing 5%-8% there is a lot of demand. So I think it is better to keep your investment in bitcoin but you can try again to invest in altcoin. I can't imagine selling my bitcoins and investing in altcoins because the most success I've had this season has come from bitcoins. I have held ethereum in altcoins but not as successful as bitcoin there so bitcoin is always the best investment if you have bitcoin investments then definitely keep those investments and try new altcoin investments.
sr. member
Activity: 2828
Merit: 344
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March 14, 2024, 05:26:41 PM
#41
It is somewhat proven that some altcoins will rise to a certain X5, x10 but if are selling our Bitcoin just for the sake of accumulating altcoins --that is certainly a big mistake because this is not a good time for buying. We'd rather change our mind and take a picture of the situation OP and remember that we are already in the bullish market and most altcoins are already on the pump. We can't guarantee that it will continue to increase which means that it is too risky for this decision and possibly it ends regretting.

If I were you OP, if you still sell some of your Bitcoins better keep it and wait for the bear season. It is too late to look for the x5 because most of them are already hitting their peak.
legendary
Activity: 3752
Merit: 1415
March 14, 2024, 05:37:04 PM
#40
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

I would never sell all your bitcoin for altcoins.  It's has always been a good thing to have bitcoin in your portfolio.  Yeah 5x might not be lifechamging but what's stopping you from continuing to add to.your stack.  Keep on adding more fiat when possible.  Then big moves in the market make a difference.  Either way if that's what you have I wouldn't gamble it all on low cap.flyer type coins if you are going to do that.  Too much downside risk at least for me.
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March 14, 2024, 05:28:43 PM
#39
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
If your goal is to get 5x the current profits, in this bullish era, then you probably won't get that in Bitcoin. Because currently, the Bitcoin price has started to rise to the top and it will be difficult if it wants to reach 5x again in this bullish era. Unless you bought it when it was priced at $20k first, you can.

However, if you want to convert them to altcoins, you also have to be aware and ready for all the risks. Not all altcoins are worth it. If you make a little miscalculation, you could end up losing your money. Hmm, if you want to, it's best if you choose top coins which really have the potential to increase 5x. However, if you want to bet with results that are even more than 5x, then you can go for hype coins, but with the risk of 5x the profits or your money will actually go to 0.

All of your decision will always have its own plus and minus. be wise and careful, don't be too  greedy.
jr. member
Activity: 1708
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March 14, 2024, 03:53:31 PM
#38
It is a very good idea to sell your Btc at the moment cause the market look very extended for now .It could go for a harsh pullback to round 50k or lower so this could be the best time to get out also taking about investing in altcoins i will advise you to hlod on for now cause if Btc dips most of the other pairs follow suite.
hero member
Activity: 1232
Merit: 516
March 14, 2024, 03:37:02 PM
#37
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

Not a good idea but it also depends on your investment strategy. If you want to maximize your profit then low cap alts is the best option for you but they will also come with high risk. Bitcoin won't do 20X like many altcoin but it will do at least 4X from here which is also not that bad after all with the least risk. If you really think you want to play the risky game then you can use another way to leverage your trading. There are many lending platforms where you can use the Wrap version of bitcoin to take a loan which can be used to invest in risky alts. This way you don't need to sell any bitcoin at the same time you will be able to enjoy the profits from alts as well.
sr. member
Activity: 533
Merit: 250
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March 14, 2024, 12:59:48 PM
#36
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

It depends on you, but if your decision is to sell your bitcoins to buy altcoins so that your money doubles quickly, altcoins are the right choice because in my opinion bitcoin is a coin to maintain our wealth, while altcoins are to multiply our money, how do we want to maintain our wealth? but we ourselves are not yet rich, altcoins are the solution but everything definitely has risks, keep doing your own research, don't be fomo about anything so you don't lose your money
legendary
Activity: 2156
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March 12, 2024, 12:17:51 AM
#35
all decisions are in your hands, if you give up your btc for altcoin it might be the best decision for now, no one can force you,
but if you accept suggestions from your friends here, there will definitely be many who will regret your actions, because BTC is the best COIN and determines the price for all altcoins
sr. member
Activity: 420
Merit: 260
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March 11, 2024, 08:56:18 PM
#34
In my opinion, selling Bitcoin to buy altcoin this period is a dumb idea, with all we have seen for ourselves how the price of Bitcoin became highly volatile and has broken a new ATH, you still think selling it to buy alt would be a good idea? I can't believe this, it just explains how impatient some of you can be even when you see results. This is just pre halving bull, after the halving and price correction, based on history, we still have an anticipating bull that will definitely change the shape of Bitcoin to a more pleasing figure, that will definitely make holders smile.
hero member
Activity: 3038
Merit: 592
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March 11, 2024, 05:22:46 PM
#33
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
You are exactly looking for a gem and a bunch of shitcoin instead of looking for a good asset that will give you a fortune. Yes, it probably Bitcoin won't give us x5 on our capital but if we talk about sustainability and profit assurance long-term, we never fail. Unlike these altcoins, they might be in huge price increase, making some hype during bull season x1000 is even possible but have you imagined missing it, you will never see your money back.
Selling some for altcoins is not really a bad idea but selling all of your BTC for them is a big mistake.
hero member
Activity: 700
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March 11, 2024, 03:54:01 PM
#32
Op what you said is not far from my thoughts these days. I was also thinking that since we are on the bull run, I will like to sell some of my bitcoin and buy Ethereum because the future of Ethereum is very bright like bitcoin and this is the best time to buy Ethereum and hodle for the next bull market. But still observing the Ethereum bull and if I will buy it will be small amount and not much and if you are sell your bitcoin to invest in altcoins I will advise you not to sell all but a fraction of it.

Op don't sell all and do not invest in more than two altcoins. And if you must invest, invest in Ethereum and Eloncoin so that in the next bull market you can make enough profit from it.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
March 11, 2024, 10:54:25 AM
#31
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

If you want to do short term trading and follow the trending narrative, I think you can convert 50% of your Bitcoin to altcoins. You can choose several altcoins with narratives that are currently trending, such as AI and Defin. They can give you profits of up to hundreds of percent. But don't put your money in many portfolios. You can put it in 2 to 5 altcoins. And if the price has risen high, you can take profit and buy Bitcoin again. Altcoins can give you huge profits but the best investment is still Bitcoin.
sr. member
Activity: 1918
Merit: 268
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March 11, 2024, 08:10:47 AM
#30
In fact, it's legal if someone wants to double their money by selling the BTC they own to buy Altcoins, but at least looking for Altcoins that have value or being able to make the decision to buy Meme Coin has at least thought carefully about investing or selling the BTC they own. If only, because the value of the BTC that you have is not that small, 2.1k BTC is not a small amount, half of that alone can buy thousands of Altcoins without having to sell all the BTC that you have, because that could be a risk in itself because no one knows what a person's needs will be in the future. day.
full member
Activity: 336
Merit: 128
March 11, 2024, 08:03:31 AM
#29
You can. Sell some and alternate your crypto investment with AltCoins.
Some AltCoins currently have potential growths to provide more incomes that bitcoin.
You've got a wise view but I can tell you not to sell off total because AltCoind can be funny and also, be careful of AltCoins you invests on especially the MemeCoins.
full member
Activity: 784
Merit: 212
March 11, 2024, 07:42:41 AM
#28
for me, selling bitcoin for altcoins is not very good. because bitcoin has a better future outlook than altcoins.
Even though the price of Bitcoin can fall a lot, there will come a time when it reaches a new ATH.

In contrast to the altcoins that are already known, many of them are dead and worthless. If you make the wrong choice, it certainly won't increase your money, it will actually result in a loss of assets.
sr. member
Activity: 308
Merit: 256
March 11, 2024, 05:46:24 AM
#27
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

This decision will definitely varies from individual, Bitcoin is best harvested after a long term of holding, selling btc to buy altcoins means you are not a holder, Bitcoin has future potential than altcoins and is not a quick get rich scheme but it pays well benefits after a long term of having a compounded of your invested value, for me I won't sell Bitcoin for altcoins I will rather invest in something that is not related to Bitcoin.
legendary
Activity: 2380
Merit: 1343
March 11, 2024, 05:36:56 AM
#26
I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell.

if you say so. yes, you can sell your coins and find an altcoin. your choice. curious to know how you know BTC is not going 5x in the future.

since you have already decided, you should be able to also find an altcoin that may go 5x in the future. this shouldn't be a problem with your crystal ball. there are several altcoins you have in mind that's for sure. i think you can give a comparison of these altcoins as to why you wanna buy this or that.

It most likely will 5x in the future, I was just saying not soon.

Ah ok - so you are a "when Lambo" person! you want quick profit by gambling with something
which has a proven and secure network, has the biggest backing by the community and has
traditional investment companies scrambling to get as much of it as they can - and you look for a choice
of 2 or 3 in a couple of hundred projects made by someone with the sole purpose of
relieving as many gullible people of their Bitcoin as possible.

They thake your most valuable asset Bitcoin and give you some shiny
little trinket in your hopes that the altcoin lottery will pick it to be the next pump-n-dump
winner.
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