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Topic: Selling tokens/low market cap coins for Bitcoin? (Read 863 times)

hero member
Activity: 1820
Merit: 515
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Not a bad idea but sell for the profits if you can or atleast try to get most of the money you invested on that coin and then invest the amount into bitcoin or else you need to wait for years to recover the capital you invested.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.




i hope you sold them and bought some bitcoin. because the market behaves like you predict at this post. altcoins keep going reddish and loose power but bitcoin started to raise up a bit  Smiley
If i be OP, maybe i will already sold all my coins and hold BTC. Maybe in altcoins, price not really improved, but with hold bitcoin, it can keep increased and make my altcoins especially tokens from bounties will be have more value.

you will sell all your coins if you becoming the OP,
i hope only a low market cap coins and a kind of shitcoins my friend
because not all altcoins bad, for example ethereum, BNB and many more  Wink
Usually only tokens from bounties and some ICOs like what OP said. Because tokens that i saved really keep decreased it's value and sometime it is far from ICO price. And for now usually i sell immediately after i get tokens that paid from bounty.
hero member
Activity: 3024
Merit: 745
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i hope you sold them and bought some bitcoin. because the market behaves like you predict at this post. altcoins keep going reddish and loose power but bitcoin started to raise up a bit  Smiley
Bitcoin has been dominating the market and it will never get old. Investors and traders who have accumulated different altcoins and decided to sell it for bitcoin did a great job. We can't deny that there are altcoins that performed well during the last run but it looks like it won't happen again because on how much percentage of dominance is bitcoin gaining throughout the half of this year.
full member
Activity: 393
Merit: 100
Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.




i hope you sold them and bought some bitcoin. because the market behaves like you predict at this post. altcoins keep going reddish and loose power but bitcoin started to raise up a bit  Smiley
If i be OP, maybe i will already sold all my coins and hold BTC. Maybe in altcoins, price not really improved, but with hold bitcoin, it can keep increased and make my altcoins especially tokens from bounties will be have more value.

you will sell all your coins if you becoming the OP,
i hope only a low market cap coins and a kind of shitcoins my friend
because not all altcoins bad, for example ethereum, BNB and many more  Wink
jr. member
Activity: 253
Merit: 1
I think that it depends on the situation of that coin/or that project as a whole if they're making good progress, effort in marketing, or was able to successfully follow their roadmap. Like what others are saying, if the project is not going anywhere, better invest it in BTC or other activities such as gambling if you want to go YOLO or participate in this evolved IEO that lets you buy discounted tokens that are already in an exchange. But if that coin's team members/devs are super active and making good progress as a project as a whole, you might wanna hodl to it a little bit more and enjoy the ride.
full member
Activity: 474
Merit: 111
I think it's a smart strategy but how can you pay your monthly living expenses when you just hold Bitcoin for a long time?
To be profitable when investing in bitcoin, you need to hold for more than 2 years.
Therefore, you should consider for the bitcoin hold. I see some tokens still work quite well and sometimes it can pump up to 400% of the value.
member
Activity: 262
Merit: 10
Selling tokens in order to have bitcoin holding? Maybe it's a very sure idea and to those tired of holding alts, this is a best strategy to do right now. Don't hope for impossible one, yet prefer for the better.
full member
Activity: 788
Merit: 100
I will sell my shit token from bounty, whent they really worth to get. But most of my bounty its a crap so i cant sell it, the price under 5-2$. Went i got around 100-200$ from bounty, i will try to convert with some major coin.
jr. member
Activity: 229
Merit: 1
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I think that's the better way to do specially if there's no progress to that token. Its not wrong because we just want to save what we earned it bounty or our asset that we have. Its better to buy bitcoin than to wait our token to gone their value.
JNR
full member
Activity: 585
Merit: 100
@JNRcryptobox
when you have a not potential token and the price doesn't go up it's better to sell it than you keep holding and change the token assets becoming a coin top like bitcoin, ethereum and binance coin because they will be able to rise many times seen from current market conditions

Many investors and coin holders will do this to sell tokens that are not very useful and have a bad price. It will get worse if the team from the project doesn't do anything. So this is the right step to sell it and buy coins that are very well known to many people.

well, maybe thats really great strategy to collecting more bitcoin by selling unuseful altcoin in our bag
but, before you sell it, you should doing a deep learning about the project first, because sometimes a low marketcap coins will soaring without notifications
if the team still active to develop the project buddy
hero member
Activity: 2632
Merit: 833
Man, some altcoins will never rise again and sometimes it is better to convert this dust to btc.
Bitcoin is liquid, you can hold it or sell for fiat in Indacoin or trade on bitmex, no matter what you are going to do, bitcoin is bitcoin
tru and that happened in my life i have sold any coin for bitcoin right now and i just stay with some promising coin. When altcoin gets dumped and that will be so difficult to gain that value again even with hundreds of updates. I have seen some of my altcoins worth nothing.

Good for you and I lauded your for shifting to bitcoin and dumping all that shitcoins, lol.

As I have said before, this is no longer 2017, investors has learn that at this point, there will be no shitcoin that will give you x100 returns. It's better to dump then will getting a decent profits or take it like a man, suffer a loss and then move to bitcoin. So it really up to you guys out there who still believes that the shitcoin they are holding will give them a good profits by just holding it for so long.
sr. member
Activity: 664
Merit: 253
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tru and that happened in my life i have sold any coin for bitcoin right now and i just stay with some promising coin. When altcoin gets dumped and that will be so difficult to gain that value again even with hundreds of updates. I have seen some of my altcoins worth nothing.
when you have sold it for bitcoin then it is the right choice. altcoin may be bad, and those who lose their value and become very cheap are those who have no interest in the market.
if there is still a price I think there is no problem selling it. now what happens is that many altcoins are very cheap and don't move much. having bitcoin might be better. but if only from an altcoin like that I don't think the results will be seen that much.
full member
Activity: 812
Merit: 101
tru and that happened in my life i have sold any coin for bitcoin right now and i just stay with some promising coin. When altcoin gets dumped and that will be so difficult to gain that value again even with hundreds of updates. I have seen some of my altcoins worth nothing.
when you have sold it for bitcoin then it is the right choice. altcoin may be bad, and those who lose their value and become very cheap are those who have no interest in the market.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Man, some altcoins will never rise again and sometimes it is better to convert this dust to btc.
Bitcoin is liquid, you can hold it or sell for fiat in Indacoin or trade on bitmex, no matter what you are going to do, bitcoin is bitcoin
tru and that happened in my life i have sold any coin for bitcoin right now and i just stay with some promising coin. When altcoin gets dumped and that will be so difficult to gain that value again even with hundreds of updates. I have seen some of my altcoins worth nothing.
sr. member
Activity: 882
Merit: 269
Man, some altcoins will never rise again and sometimes it is better to convert this dust to btc.
Bitcoin is liquid, you can hold it or sell for fiat in Indacoin or trade on bitmex, no matter what you are going to do, bitcoin is bitcoin
Bitcoin is performing more than any other coins in the market. It is better to sell all the tokens that you know are not doing well now than holding them and at the end, you will not get anything from those coins because some of them will never recover again. Some tokens are dying and many projects have been abandon by the developers and you should convert those coins to bitcoin.
member
Activity: 462
Merit: 10
simply getting the job done
Man, some altcoins will never rise again and sometimes it is better to convert this dust to btc.
Bitcoin is liquid, you can hold it or sell for fiat in Indacoin or trade on bitmex, no matter what you are going to do, bitcoin is bitcoin
full member
Activity: 941
Merit: 100
Of course from all alt crypto that exist, Bitcoin is the best choice to invest with it (of course fro a medium to long-term), if hold some coins that are too low from ICO price that not having any development in their product, then better sell ir right away and get some btc or eth.
when in a position of upward movement in bitcoin it might be better to save bitcoin. but if the trend is on an altcoin then choosing etheruem or other assets is better. choose assets that might experience the fastest growth.
full member
Activity: 308
Merit: 100
I'm nothing without GOD
Of course from all alt crypto that exist, Bitcoin is the best choice to invest with it (of course fro a medium to long-term), if hold some coins that are too low from ICO price that not having any development in their product, then better sell ir right away and get some btc or eth.
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
It can be ideal to liquidate your lower ranked assets and diversify into better quality ones if there is not enough liquidity or demand for them in the market, but if a project has long term viability and a sustainable ecosystem then it can be best to HODL
sr. member
Activity: 1960
Merit: 273
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when you have a not potential token and the price doesn't go up it's better to sell it than you keep holding and change the token assets becoming a coin top like bitcoin, ethereum and binance coin because they will be able to rise many times seen from current market conditions
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