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Topic: Selling BTC for Alt Coins? - page 2. (Read 1968 times)

member
Activity: 210
Merit: 36
June 10, 2024, 03:50:32 PM
Before you invest your money, to avoid future loses and regret. Investing in a stablecoin would yield great return for you overtime. Avoid risking your money into several altcoins without clue in this bull run be cautious, work according to your plan.

One need to be very careful choosing the kind of coin they will invest because any wrong decision could actually cost  the person all his investment which is why Bitcoin remains the best option for holding because there is no way you could run any loses that's why Bitcoin is very different from other coins, though I believe there are more other coins that could also be good investing on but the thing is that one just need to be very careful in terms of choosing the particular one.
hero member
Activity: 700
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Hire Bitcointalk Camp. Manager @ r7promotions.com
June 10, 2024, 02:51:14 PM
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 always a choice, sometimes investors must have determined from there innermost before coming to seek public consents. Mean while every other public opinion then would just be a free to air becoming useless to the seeker.
Is 5X profit target? After 5X do you think of exiting from the crypto markets? Or you'd go for a 100X crypto projects or you'd lower the level volume? 😂.
Think twice mate. Are you taking it for a gambling challenge or investment interest? Well, it's good securing highily profitable opportunities but must know it that the higher potentials of making huger profits is the more risky to be exposed.
Think of diversification my friend to alternate your financial security and also chances to hit higher profits.
Yes it is a choice but we have to understand the important and the value price in the investment. There are some altcoins your will invest that you won't make any profit and instead you will lose from the investment. And we have seen such testimonies in the forum and I am a best example. Though I just decided to invest on Ethereum to see if I will make something out of it but till now I have not gotten any profit. Buy if it was on bitcoin I would have gotten enough profit from it.

Though as you said it is a choice but there are some choices we made that also affect our plans again and I think this one of them. Most people are investing in altcoins because they are looking for a means to make quick money and that can vividly seen from the NOTcoin. People made God money from it and they thought that other airdrops can also be the same but the opposite is the case.
member
Activity: 898
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Do it For Better Humanity (Bitget trader)
June 10, 2024, 02:33:18 PM
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.

Alticoins might pump fastet than Bitcoin earlier. But when Bitcoin drops, altcoins drops more than 10x of Bitget drop. So, if you are able to make profit in any altcoins, the best decision is to swap to Bitcoin back so that you can still keep on with the game.
full member
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Catalog Websites
June 10, 2024, 02:20:34 PM
Quote from: husencoe
I think Bitcoin can always be the investment and has the most absolute value.  Investing in bitcoin remains the main choice because it has better potential than other coins.  If I were you, I would keep my $2.1k in Bitcoin, and choose to use other money to invest in the highest ALT.  Even though you can get a larger percentage, you have to really understand how to doing an analysis to find out the most potential Altcoin.  The wrong choice of Alt can cause you to lose your money.  And you also have to keep your eyes on the curve for watching the price movement.  And it doesn't get any better than enjoying your days by sticking to Bitcoin.
When you are hodling BTC, you will have the opportunity to win big profit from your hodling to add value to your profit, but if you are selling BTC to buy altcoins, it will not going to be smooth for you to improve your decentralized business.

If you can be able to invest huge amount of money on BTC and hodl it for long years before you can sell, you will never think such alternative to sell BTC to buy altcoins why other people are selling their altcoins to invest the money on BTC with a smile on their faces because they know that what they are going to gain will be massive when the bull run hit the market.

I know ETH is a potential altcoin you can invest and you will like to invest again in the future, but I will advise you to invest little on ETH and hodl it for short term before you can sell so that you can use the money to solve some issues that will make you to hodl your BTC for a long years.
full member
Activity: 308
Merit: 142
June 09, 2024, 01:52:50 AM
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 always a choice, sometimes investors must have determined from there innermost before coming to seek public consents. Mean while every other public opinion then would just be a free to air becoming useless to the seeker.
Is 5X profit target? After 5X do you think of exiting from the crypto markets? Or you'd go for a 100X crypto projects or you'd lower the level volume? 😂.
Think twice mate. Are you taking it for a gambling challenge or investment interest? Well, it's good securing highily profitable opportunities but must know it that the higher potentials of making huger profits is the more risky to be exposed.
Think of diversification my friend to alternate your financial security and also chances to hit higher profits.
I agree with you here. It is a choice to what we do with our portfolio whether we choose to sell off our Bitcoin to buy altcoins or otherwise. The investor might be on a good profit and selling his Bitcoin is only a small portion of it just like taking a little profit. If some persons find it good to do that then we do not have to be so much concerned about that. My decision in a case like this is totally different. As i would prefer to keep my Bitcoin rather ill do some extra jobs to get more money to buy more altcoins if that's what i really want. 
sr. member
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Eloncoin.org - Mars, here we come!
June 09, 2024, 01:48:33 AM
The decision to sell Bitcoin has proven wrong for some investors every time. Most altcoins are high risk for investment except for some of the top alts. But it is better for you to decide to withdraw by monitoring the price movement by buying the perfect altcoin. Because Bitcoin can give you high profits by accumulating long term. So Bitcoin investment is more profitable for you than other alts.

Those who are selling their bitcoin for altcoins are totally wrong because there is not a single altcoins that can be considered more profit making in contrast with Bitcoin. It can be possible if we sell altcoins in profit to buy more Bitcoin and it makes sense that very soon we will be more profitable as Bitcoin growth is guaranteed.

The better way to get more profit is to invest in both altcoins and bitcoin and when you see that your altcoins are growing then sell these growing altcoins to invest the fund in Bitcoin and whenever you get more money from another source then make altcoins investment again but don't touch your Bitcoin as it is suitable for long term investment.
full member
Activity: 126
Merit: 93
June 09, 2024, 01:12:31 AM
My advice is that you don't need to sell all your BTC, just set aside some of your capital for the top altcoins in the market to minimize the risk of loss. Also make sure that you monitor your investment during a bullish market so you don't miss the opportunity to sell at high prices.
The decision to sell Bitcoin has proven wrong for some investors every time. Most altcoins are high risk for investment except for some of the top alts. But it is better for you to decide to withdraw by monitoring the price movement by buying the perfect altcoin. Because Bitcoin can give you high profits by accumulating long term. So Bitcoin investment is more profitable for you than other alts.
full member
Activity: 350
Merit: 128
June 09, 2024, 12:46:49 AM
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 always a choice, sometimes investors must have determined from there innermost before coming to seek public consents. Mean while every other public opinion then would just be a free to air becoming useless to the seeker.
Is 5X profit target? After 5X do you think of exiting from the crypto markets? Or you'd go for a 100X crypto projects or you'd lower the level volume? 😂.
Think twice mate. Are you taking it for a gambling challenge or investment interest? Well, it's good securing highily profitable opportunities but must know it that the higher potentials of making huger profits is the more risky to be exposed.
Think of diversification my friend to alternate your financial security and also chances to hit higher profits.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
June 08, 2024, 10:02:57 PM
You can choose smaill coins, if You want go get a big profit, but etheir you can lose a big money

Well, that's obvious. High risk - high gains. But I'd prefer to invest in small caps and take profits into Bitcoin, instead of doing the opposite.
It is part of the investment purpose and option as for you to earn high then better to risk high.

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?
No don't do that instead leave it to bitcoin if you are willing to hold at least this year till December or else risk this chance of gaining from Bitcoin bullying .
remember that bitcoin will go first before altcoin increase their value.

Quote
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.
ohhh, so you are seeking for complete greedy price and earning?if you are asking for x5 and above then better to invest in shitcoins or memecoin .
but mind you to never blame us if you end up being loser because that is what you are facing seeking for that so much return.
jr. member
Activity: 138
Merit: 1
June 01, 2024, 03:31:15 AM
My advice is that you don't need to sell all your BTC, just set aside some of your capital for the top altcoins in the market to minimize the risk of loss. Also make sure that you monitor your investment during a bullish market so you don't miss the opportunity to sell at high prices.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
June 01, 2024, 03:24:52 AM
I think that is the right decision for you to make. because I also have the same thoughts as you that bitcoin will not increase in the near future. so we have to take advantage of the current altcoin market conditions to be able to increase the assets we own through altcoins.and don't forget to do research before buying altcoins.

All decisions are in the hands of each individual, but it would be a shame if we were too hasty in selling BTC only to chase altcoins that have less potential, it would be really regrettable, except for coins that have really provided a definite return after we sell them for the duration that we have prepared beforehand.

But, I doubt whether I will find the price when I first buy it. If the market continues to be corrected, it is possible that if it happens to advance, the value will most definitely be a series and most definitely will decrease from the number obtained when you first bought it.


If I don't have any altcoins in my portfolio, I can always sell part of my Bitcoin holdings to make money in the crypto space.
We need to be wise and take every decision in a way that would be profitable for us but one thing we need to limit is greed.
Greed am has made some people to lose money in the crypto market because they are not patient enough and went to put their funds into projects that never lasted well in the cryptocurrency market. We ought to take every necessary decisions in the market.
jr. member
Activity: 145
Merit: 1
June 01, 2024, 03:12:25 AM
You can choose smaill coins, if You want go get a big profit, but etheir you can lose a big money

Well, that's obvious. High risk - high gains. But I'd prefer to invest in small caps and take profits into Bitcoin, instead of doing the opposite.
sr. member
Activity: 532
Merit: 345
Catalog Websites
June 01, 2024, 01:44:30 AM
OP, As i can see you are saying about "Bitcoin can't give you 5x profit in near future" which is true as well as is it indicates, you want to generate best profit from your investment and it also true that, Bitcoin unfortunately a best investment but won't able to fullfil your dream or requirements until you go with altcoins investment. So you ahead with altcoins. Don't sell everything. Maybe 50% is enough to buy good altcoins. And i think you already know what altcoins are potential and what altcoins you should buy
5x profit from Bitcoin is definitely possible in the near future, you need to be able to hold it for a long time. Many expect Bitcoin to hit $1 million in the future, but no one can say exactly when that will happen, it's all just speculation. Although the profits from investing in Bitcoins are low, Bitcoins are trusted and the risk is very low. But if you want to make profit in short term then you can buy altcoins, because if you hold altcoins for a long time you can face a lot of losses. But if you invest in Bitcoin then you must hold for long time. In the short term you may experience losses instead of profits from Bitcoin. However, I don't know what the OP decided? But it might be better to hold Bitcoin. But you are right, if the OP sells 50% bitcoins and invests in altcoins it might be better. But should invest in the top altcoins in the market.
newbie
Activity: 14
Merit: 0
June 01, 2024, 12:41:13 AM
You can choose smaill coins, if You want go get a big profit, but etheir you can lose a big money
full member
Activity: 126
Merit: 93
June 01, 2024, 12:06:05 AM

I think that is the right decision for you to make. because I also have the same thoughts as you that bitcoin will not increase in the near future. so we have to take advantage of the current altcoin market conditions to be able to increase the assets we own through altcoins.and don't forget to do research before buying altcoins.

Only if OP is ready to risk losing all his money I think it's a good decision if OP wants some money that could change his life. This is the bearish season so I think we can accumulate some potential altcoins. If you want to gamble then we can invest in shitcoins, aka meme coins. But I don't recommend it. It is better to invest in some altcoins that you believe will gain a large market in the future. However, you must still monitor your coins because none of the altcoins are as safe as Bitcoin in storing the value of your money.
Determining which altcoin will do well in the future will certainly not be easy because of the volatile market conditions and the risk involved in investing. In bearish season altcoin accumulation trend can be somewhat positive but if you are stuck in the selection process, chances of capital loss increase. But if the selection process is perfected it is possible to get double or triple profit which is short time interval.
member
Activity: 301
Merit: 16
May 31, 2024, 10:18:05 PM
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 think that is the right decision for you to make. because I also have the same thoughts as you that bitcoin will not increase in the near future. so we have to take advantage of the current altcoin market conditions to be able to increase the assets we own through altcoins.and don't forget to do research before buying altcoins.
Satu lagi dan harus terus memantau monitor jika ada perubahan dalam pergerakan harga karena sedikit lengah maka kemungkinan akan tertinggal momen dan kerugian akan di alami oleh kita sendiri, maka sebab itulah kita harus tetap memonitor dari pembelian Alt kita di beberapa bursa..
member
Activity: 372
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May 31, 2024, 06:48:03 PM
OP, As i can see you are saying about "Bitcoin can't give you 5x profit in near future" which is true as well as is it indicates, you want to generate best profit from your investment and it also true that, Bitcoin unfortunately a best investment but won't able to fullfil your dream or requirements until you go with altcoins investment. So you ahead with altcoins. Don't sell everything. Maybe 50% is enough to buy good altcoins. And i think you already know what altcoins are potential and what altcoins you should buy
copper member
Activity: 56
Merit: 1
May 28, 2024, 10:28:34 AM
If I were in your position then there is no reason to prioritize 50% with BTC, 40% for BNB/ETH and 10% for new altcoins. let's just say 10% of the money you are prepared to lose, sometimes new coins can also give good profits, it is important not to be greedy and sell when the opportunity arises.

You can check BTC/ETH or any other alts, and if you hold BTC, it can be an excellent option to sell it for alts on highs when dominance is on the top. NFA, DYOR!
jr. member
Activity: 129
Merit: 3
May 28, 2024, 09:46:42 AM
If I were in your position then there is no reason to prioritize 50% with BTC, 40% for BNB/ETH and 10% for new altcoins. let's just say 10% of the money you are prepared to lose, sometimes new coins can also give good profits, it is important not to be greedy and sell when the opportunity arises.
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Activity: 286
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CRYPTO WEB3 NEOBANK
May 28, 2024, 08:58:06 AM
Its your choice mate. It depends on how you wanna take profit and how long you want to hold your investment. If you are planning for long term then Bitcoin is enough. Cause it just pumped 4x or more within a year! Besides if you are looking for short term profit then you don't have any option without buying altcoins cause only altcoins will give you more profit within short time. So choose your coins according to your wants. But holding top altcoins along with Bitcoin is wise decision

If we are the first buyers during the preesale, we are the champions and what you just said is true, right,  But if we enter when the hype is going on, for example when the price is going up and we predict it will go up again, that's when our desires start to disappear little by little. especially if there is a potential for a BTC correction. That's where the roller coaster was created by the whales by selling the coins little by little, not all at once.

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