Topic: Swap bitcoin to alts - page 7. (Read 1328 times)
The transition to altcoins makes sense in the event that you do not expect a long-term perspective. because I'm not in a hurry, I stay in the altcoins, they will bring me more income.
Distribution your Deposit - the need. In your portfolio should be dollars, BTC, altcoins. This will help to minimize losses.
Bitcoin rally today is huge and it must end at some point.
Now I want to swap part of bitcoins into alts with only one goal - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?
I still think that this is a sensible choice if you have picked out some high quality and good potential alt coins. I have experienced several alt coins growing in value by between 500 and 900% in the past couple of months. I personally don't see Bitcoin growing in value by more than 100% this year.
Now that the Bitcoin value has dipped in 2018, I think the other way round should be done. Alts should be switched for Bitcoin especially since the altcoin run seems to be at its end. Hopefully this is the right decision though haha.
Yes, in November of last year bitcoin needed to be kept and advice was given by the faithful. Then, in December, bitcoin started up to 20,000 dollars, it was a good sight. Now, before the New Year, altcoins have grown quite well in price and among them, first of all, ethereum, whose value has grown to 1223 dollars. It seems to me that this will stop the alts, since further bitcoin should continue to grow, if its shortcomings associated with the slowness and high cost of transactions do not interfere.
I think it is unreasonable to make such kind of conclusion because the bitcoin will still control the market. If you want to invest the alts, but you should know that the risk is high.
If i were you i will never swap my BTC to altcoins because BTC is the most valuable coin in the market and i think that its value will rise up and no altcoins will ever catch up with btc or even overtake on it.
I, too, hold the opinion that this is not necessary, since the demand for bitcoin is growing and the price is also high. For insurance, it is possible to partially buy some coins, as previously described. The choice is still yours.
You are correct. It is best to save in bitcoin and hold it.This is my mistake several months ago before the halving. I park my bitcoin to some alts and when bitcoin becomes bullish all alts in red. I lost much in bitcoin value which I regret.
If I have a Bitcoin, I will keep my Bitcoin without having to switch to Altcoin. Because in some times this Bitcoin is safer to hold. The price is rising rapidly enough for profit without having to trade Altcoin.
Now such an unpredictable crypto-currency market! I'm afraid ,that the prices for altcoins will fly down if the bitcoin price goes down, as many will want to buy bitcoin at a cheaper price.
The whole Cryptocurrency markets been unpredictable since the start. You have to get over your feelings and just invest! 
I think it's not a good idea now to swap from bitcoin to alt.... bitcoin price is rising day by day and there are no clear signals that this rise will stop...
I, too, hold the opinion that this is not necessary, since the demand for bitcoin is growing and the price is also high. For insurance, it is possible to partially buy some coins, as previously described. The choice is still yours.
I would hold Bitcoin for a while and I would refrain from this procedure until the new year. Then I would watch BTC's actions and I think I would soon turn him into Altcoins.
I, too, hold the opinion that this is not necessary, since the demand for bitcoin is growing and the price is also high. For insurance, it is possible to partially buy some coins, as previously described. The choice is still yours.
Now such an unpredictable crypto-currency market! I'm afraid ,that the prices for altcoins will fly down if the bitcoin price goes down, as many will want to buy bitcoin at a cheaper price.
Bitcoin rally today is huge and it must end at some point.
Now I want to swap part of bitcoins into alts with only one goal - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?
You are partly right — you can do it, but do not exchange all of your Bitcoins for altcoins. Leave in your wallet your BTC and do not touch the currency. Buy ETH, Cardano, NEO and some minor alts to trade and make profit.
That is an impractical move right now. Bitcoins are continuously moving upwards and you can lose a sure profit from it. That is free coins you know.
Maybe after the big pumps and prices are about to be stable, you can diversify but never swap all to alts. I say hodl too.
Maybe after the big pumps and prices are about to be stable, you can diversify but never swap all to alts. I say hodl too.
I suggest never swap Bitcoin for Altcoin! I recommend you trade and invest in Altcoins whilst having Bitcoin too!
If bitcoin begins to fall in dollar value, it will also force altcoins to fall in dollar value. Noone surely understands this process. Every other altcoin is tied hard to bitcoin so there isn't anything to gain from alts while bitcoin drops.
Long term - hold, but short term there should be a bit of a retrace happening soon
Jump to: