Selling BTC for Alt Coins? - page 4.

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Quote from: oktana on May 21, 2024, 07:35:27 PM

To be realistic? Bitcoin will definitely not do 5x in the near future. It will be long for us to see that because 5x means just about $350,000. If you’re looking to invest and get 5x, you should look at Altcoins. They are usually Altcoins that give even more than that, you just have to know which one. Most times it’s best to invest in multiple so you have profits from every possible angle.

Yes, right. BTC's movement is slow but sure and comfortable. If it's a meme, it's like a roller coaster is created once the pump is high enough and with a short duration. Likewise, when it reverses/dumps the price after the pump is also the same.

But strangely, many people enjoy it and even enter the same coin repeatedly, however. what you said above is also very relevant and you have to be careful in choosing them.

woez

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Quote from: Ben Barubal on May 21, 2024, 10:27:12 PM

I often do this now, because, in this era, there are many potential cryptos that can really give us a huge profit this year until next year. As much as I want to collect crypto or altcoins, the problem is that I only buy a few.

It's hard to budget the money that isn't enough to buy all the crypto I want, so my priorities are the ones I prioritize right now, and when I reach the target amount, that's the next priority.. That's what I'm doing now.

Of course, we will work around it in various ways with the previous skills we already have and of course this will come and only be possible if we have done it repeatedly with some losses too.

Of course. In order to get all of our eggs, we need larger funds, but this can also be circumvented from short-term trading profits as well.

Be orderly and don't rush to buy and wait for the right moment.

Kristiyana

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Quote from: oktana on May 21, 2024, 07:35:27 PM

To be realistic? Bitcoin will definitely not do 5x in the near future. It will be long for us to see that because 5x means just about $350,000. If you’re looking to invest and get 5x, you should look at Altcoins. They are usually Altcoins that give even more than that, you just have to know which one. Most times it’s best to invest in multiple so you have profits from every possible angle.

Actually I think you're right that bitcoin will not do 5x in the near future, Because with the current price of bitcoin the possibility of bitcoin to do 5x in the near future is still in doubt, except for long term holding. However I think most of this altcoins can do 5x in the near future but the problem is how to know this coins, though is very good to make research but sometimes it doesn't work to our expectations, sometimes we can get a different thing from our research. However Investing in multiple is also a good idea but you need to make sure you're holding the right coin.

Dr.Osh

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Quote from: oktana on May 21, 2024, 07:35:27 PM

To be realistic? Bitcoin will definitely not do 5x in the near future. It will be long for us to see that because 5x means just about $350,000. If you’re looking to invest and get 5x, you should look at Altcoins. They are usually Altcoins that give even more than that, you just have to know which one. Most times it’s best to invest in multiple so you have profits from every possible angle.

Well, if you want to take a bigger risk then altcoins are the choice. In fact, people will choose meme coins to get more than 5x profits. It's just that, if you want an investment that has less risk than other altcoins, then Bitcoin is the choice. I understand that we are looking for big profits, and I myself also invest in altcoins. However, if we can have an investment of more than 0.5 bitcoin, I think there is no harm in holding it and creating a new portfolio with new capital. So, I might prefer to raise new capital to buy altcoins that I feel have great potential.

laijsica

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Quote from: oktana on May 21, 2024, 07:35:27 PM

To be realistic? Bitcoin will definitely not do 5x in the near future. It will be long for us to see that because 5x means just about $350,000. If you’re looking to invest and get 5x, you should look at Altcoins. They are usually Altcoins that give even more than that, you just have to know which one. Most times it’s best to invest in multiple so you have profits from every possible angle.

It's not fair to blow your mind but a 5x increase in BTC long term is not a fantasy. Long-term holders are reaping the benefits of stash growth in the past. Holding investment in altcoins can pick high levels for short term. The meme has a lot of potential these days which has made many millionaires in the past. Even during BTC's bullish period other cryptos are likely to price higher in the same manner which makes optimism for alt investors.

Ben Barubal

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Quote from: AllYourBitcoinRBelong2Us on March 10, 2024, 01:14:38 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 often do this now, because, in this era, there are many potential cryptos that can really give us a huge profit this year until next year. As much as I want to collect crypto or altcoins, the problem is that I only buy a few.

It's hard to budget the money that isn't enough to buy all the crypto I want, so my priorities are the ones I prioritize right now, and when I reach the target amount, that's the next priority.. That's what I'm doing now.

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To be realistic? Bitcoin will definitely not do 5x in the near future. It will be long for us to see that because 5x means just about $350,000. If you’re looking to invest and get 5x, you should look at Altcoins. They are usually Altcoins that give even more than that, you just have to know which one. Most times it’s best to invest in multiple so you have profits from every possible angle.

batang_bitcoin

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Quote from: cute nmp on May 21, 2024, 02:46:52 PM

At this moment I wont sell my Btc for any other altcoin if one carefully observe this bullish run Btc,Eth and Solana have make more percentages than any other altcoin has made . Most of my profits came from Btc and Solana cause they make more positive movement dont think its a good idea to sell Btc at the moment

It's not the right time to sell BTC for alts that are pumping, you're just bringing something to stomp on your end. Because even if the other alts are pumping and you're fomoing, you're going to miss the profit that you'll about to get through holding BTC.
If I'll be investing now on some other alts, I'll sell my physical stuff that are not being used anymore for it. With that, even with small amounts but it's still considered as accumulation.

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Quote from: cute nmp on May 21, 2024, 02:46:52 PM

At this moment I wont sell my Btc for any other altcoin if one carefully observe this bullish run Btc,Eth and Solana have make more percentages than any other altcoin has made . Most of my profits came from Btc and Solana cause they make more positive movement dont think its a good idea to sell Btc at the moment

I can also see that Ethereum and Solana are also bouncing back again. Today Ethereum reached $3,776 and that is to say they are also improving now to the next level. And now that bitcoin has reduced to $69+k the decline of Ethereum this time is very small. But even as that as you said we should not sell our bitcoins for altcoins because the next All Time High of bitcoin will reach $100k US dollar.
And if you have good number of bitcoins before the price reach the $100k prediction then you will be the next millionaire in the resident. Everyone keep hodling, good time is coming ahead.

cute nmp

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At this moment I wont sell my Btc for any other altcoin if one carefully observe this bullish run Btc,Eth and Solana have make more percentages than any other altcoin has made . Most of my profits came from Btc and Solana cause they make more positive movement dont think its a good idea to sell Btc at the moment

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Quote from: AllYourBitcoinRBelong2Us on March 10, 2024, 01:14:38 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.

Don't sell everything, you'll regret after that decision made and despite the fact on btc's market cap getting so high; market resistance became stronger. There's no need to worry about it because you choose the toughest one.
My advice is cut 25% out of 100% if you think potential altcoins prospects will soon have a booming market value. Don't forget eth and bnb to your list of deserving assets, someday you'll be amazed on how valuable it is.

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Quote from: Mate2237 on May 20, 2024, 05:18:32 PM

Quote from: CoinMin3r on May 20, 2024, 02:56:25 AM

Its only good to sell btc for alts, if you're super confident that will gonna make your investment double or even triple. For that you gave to be super cautious and speculative understanding market sentiments.But for long term holding btc is good. BTC value is directly proportional to time till now. Alts are good too but they are short termed.

When Ethereum came down it has not climbed to or close to his all time high foe about 4 months now. But bitcoin only today has hit $68k and there is hope to hit the $70k at anytime soon. All those altcoins are just to invest if you like to store your coins foe a long time. I don't think short term is good for altcoins though depends on the project and the movement of the token in the market.

BTC has already crossed $70k which is excited. In fact, this is the opportunity that many altcoins projects want to take because some BTC investors prefer to sell during the bullish season. In this opportunity, many altcoins attempt to further increase their stability in the market. Investing in altcoins for the short term is more risky and the chance of losing the investment increases.

Mate2237

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Quote from: CoinMin3r on May 20, 2024, 02:56:25 AM

Its only good to sell btc for alts, if you're super confident that will gonna make your investment double or even triple. For that you gave to be super cautious and speculative understanding market sentiments.But for long term holding btc is good. BTC value is directly proportional to time till now. Alts are good too but they are short termed.

That's what I said in one of the thread here. If you are selling Bitcoin foe any altcoin then you have to know the in and out of the token so that when you invest in it you won't say I did a mistake. Not only confidence foe the project but also knowing the movement of the coin, if really the coin is moving upward even though when it comes down a little bit, it will still go up again. And know the causes of the upward and the downward of the project. And if you can't detect all that then stay on the bitcoin investment that you are and not to sell bitcoin for another coin but you can sell another foe bitcoin.

When Ethereum came down it has not climbed to or close to his all time high foe about 4 months now. But bitcoin only today has hit $68k and there is hope to hit the $70k at anytime soon. All those altcoins are just to invest if you like to store your coins foe a long time. I don't think short term is good for altcoins though depends on the project and the movement of the token in the market.

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Quote from: Nazmul012 on May 19, 2024, 07:11:28 PM

You can go ahead with your decision. I found your decision valid because as you already say that, Bitcoin won't give you 5x income. Actually Bitcoin is slow profit generator but it is safe. That's why people like it and still investing with Bitcoin. But altcoins doesn't have guarantee, they found with many negative issues, many accusations, what could make altcoins questable for future. That's why you need to go with potential altcoins to minimize risk. Investment with low quality altcoins are questable for future

If am to judge from him expecting 5× his invested capital, then am wrong. Investment is set once it has done 2× your capital, expecting more ROI is a matter of decision though, but as far as altcoin project are concerned you can have whatever return but there is no guarantee of it and as well it all rely on Bitcoin for her movement, let not be too optimistic about it because it might dump badly we have seen cases like that.

It should be a matter of diversifying into a potential altcoin and not expecting much return which might lead to other wrong tendencies that cloud your mind and you end up losing and get wrecked.

Bitcoin is never a slow profit generator is only based on the amount invested and how far you accumulate couple with your plan.

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Its only good to sell btc for alts, if you're super confident that will gonna make your investment double or even triple. For that you gave to be super cautious and speculative understanding market sentiments.But for long term holding btc is good. BTC value is directly proportional to time till now. Alts are good too but they are short termed.

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Quote from: Velemir Sava on May 19, 2024, 11:34:06 PM

Quote from: AllYourBitcoinRBelong2Us on March 10, 2024, 01:14:38 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.

Is the goal a short-term investment. If so, do it, but if you want to hold it long-term, keep holding it and don't switch it to something else.

Even if you want to switch to altcoins, buy a price whose chart has not risen for a long time and look at the chart time line for 3 months or at least 1 month. How low you just bought and wait 1 month.

Long term investment is always good and if it is BTC it is not a gamble to expect multiples. If one is not fit to keep it long term then he may withdraw but he may regret it. Some altcoins are growing over time and the market cap is satisfactory which should be chosen carefully. Otherwise there is a possibility of loss of investment margin. According to the price chart, buying coins that have not risen for a long time is more risky because they may fall further. So a few months of observation is not enough when it comes to investing in altcoins.

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Quote from: AllYourBitcoinRBelong2Us on March 10, 2024, 01:14:38 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.

Is the goal a short-term investment. If so, do it, but if you want to hold it long-term, keep holding it and don't switch it to something else.

Even if you want to switch to altcoins, buy a price whose chart has not risen for a long time and look at the chart time line for 3 months or at least 1 month. How low you just bought and wait 1 month.

Nazmul012

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You can go ahead with your decision. I found your decision valid because as you already say that, Bitcoin won't give you 5x income. Actually Bitcoin is slow profit generator but it is safe. That's why people like it and still investing with Bitcoin. But altcoins doesn't have guarantee, they found with many negative issues, many accusations, what could make altcoins questable for future. That's why you need to go with potential altcoins to minimize risk. Investment with low quality altcoins are questable for future

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Quote from: Bravut on May 14, 2024, 03:53:39 PM

For me i do advice, if am diversifying I should think of physical asset rather than altcoin though everyone is entitled to there opinion and decision about there investment choice.

Selling off, when you don't have enough stash of Bitcoin or a maturity stage yet is a bad investment decision, NOTE.

I think I also agree with you. If you sell your bitcoin and buy altcoin I think it's not a good choice. You can make huge profits from altcoins but I think it would be a shame when you sell your bitcoins to buy some altcoins. I personally prefer buying physical assets over altcoins. Because the altcoin market is very volatile and you can enjoy your profits by buying physical assets.

rhodelmabanal

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Quote from: AllYourBitcoinRBelong2Us on March 10, 2024, 01:14:38 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.

You can try to sell btc for altcoins it depends on the strategy you choose, you can start it in a small amount and then make it big when there is a progress or earnings, even if btc is a king of all coins in crypto there are still a lot of investors that sell there btc and invest in good or top altcoins in short period of time, so i Believe that this strategy is effective because there are people earn profit because of this strategy.

Topic: Selling BTC for Alt Coins? - page 4. (Read 1966 times)