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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: bitcoinsc on January 12, 2021, 08:11:35 AM



Title: invest into alt coins after every all time high?
Post by: bitcoinsc on January 12, 2021, 08:11:35 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.


Title: Re: invest into alt coins after every all time high?
Post by: Apostlekin$$$ on January 12, 2021, 08:16:49 AM
Are you planning to hold for long term? It's not a smart move to sell all your btc for altcoin, if I were you I'd only sell half of my btc because you can hold btc for many years with worries, it's the best digital currency for sure, I hope the altcoins you buy are top altcoins? The fact is after this huge bitcoin correction price can surge over 40k again, I just have a feeling that bitcoin isn't done yet


Title: Re: invest into alt coins after every all time high?
Post by: Jawhead999 on January 12, 2021, 08:28:30 AM
It's bad idea, you're buy the news... not buy the rumor.

If bitcoin is bullish, most alt coins also in bullish too since they got hyped from Bitcoin. If you buy alt coins when Bitcoin reach ATH, it mean you buy alt coins on ATH too. Soon if Bitcoin is dump, alt coins will crash and hard to recover... it mean you will ended loss.

Alt coins only for short-medium term hold, not long term investment.


Title: Re: invest into alt coins after every all time high?
Post by: YOSHIE on January 12, 2021, 08:31:17 AM
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
Maybe that's a good step for you to do, who knows your fate will change with the Altcoin you have.

2017 is much different from the current 2021, Bitcoin is moving, Altcoins are participating but not with the current situation Altcoins do not show interesting things, only part of it.
As I said, if you have the patience in your investment in Altcoins, maybe 1-2 years will come you become a billionaire, maybe.

But, clearly everything that is done has risks and challenges, if you feel sure what you are doing, that's the best for you.


Title: Re: invest into alt coins after every all time high?
Post by: JHORN on January 12, 2021, 08:31:48 AM
You should have ask people on here before making that decision, it's not safe to buy coins at ATH, you might get stuck if dump happens and the chances that dump may happen is very high since you bought at ATH, don't do this ever again, to make profit from crypto you have to buy at cheap price


Title: Re: invest into alt coins after every all time high?
Post by: bunglor on January 12, 2021, 08:51:19 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

it's your decision if you think that's a good idea and it's your decision we can't do nothing about that but to support you, good luck with your investment.


Title: Re: invest into alt coins after every all time high?
Post by: Dr.Osh on January 12, 2021, 09:16:43 AM
well, selling your bitcoins when the price is above $ 40k is a very good thing. however, to buy altcoins, I think it is wise to wait for the price to fall first. To be honest, at the moment things are probably dump-prone, so, I think buying altcoins right now is like holding bitcoin. there is still a risk of a significant drop in price that could occur at any time this time.


Title: Re: invest into alt coins after every all time high?
Post by: trauchot on January 12, 2021, 09:44:08 AM
You should never invest in cryptocurrencies when they have been growing in price for a long time, because at any moment these cryptocurrencies will have to start falling in price, that's exactly what happened yesterday, so it's worth waiting for the moment when the correction of the cryptocurrency market will end and then it will be possible to invest in cryptocurrencies.


Title: Re: invest into alt coins after every all time high?
Post by: Teraboy on January 12, 2021, 01:17:06 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
you were doing it very wrong dude. Invest when the coins get dumped. It's a very bad idea to invest when the price has been hitting all time high. Believe me you will never earn any profit if you are still doing it.
Stop to invest when the price gets pumped. You must enter in the market when the price was going down to the bottom and you can make profit after the bounce happened.


Title: Re: invest into alt coins after every all time high?
Post by: lebregone on January 12, 2021, 02:03:08 PM
As long as you profit then it is good as we only need to hit the right timing to buy and the right timing to sell if we want to profit in our investment.

But you should consider that investing into the peak of the market is not a good idea at all as you will surely loss your money in the end but investing every ATH is still good as ATH will not determine the peak of the market as long as there are still room for the bitcoin price to increase or to alts.


Title: Re: invest into alt coins after every all time high?
Post by: Baihaki Khaizan on January 12, 2021, 02:28:05 PM
selling bitcoin at a high price in my opinion is very appropriate, but in terms of switching investment to alt, it is necessary to carefully read the market, because alt coins are very difficult to predict compared to price movements of bitcoin and the top 10 coins in the market which of course become a reference for all alt  which exists.


Title: Re: invest into alt coins after every all time high?
Post by: lumokupong21 on January 12, 2021, 02:44:42 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

Why would you sell Bitcoin in exchange for Alt, if I personally it's better to stay on BTC than selling everything for Altcoin? If I think that's the wrong idea ..?


Title: Re: invest into alt coins after every all time high?
Post by: lumokupong21 on January 12, 2021, 02:50:29 PM
selling bitcoin at a high price in my opinion is very appropriate, but in terms of switching investment to alt, it is necessary to carefully read the market, because alt coins are very difficult to predict compared to price movements of bitcoin and the top 10 coins in the market which of course become a reference for all alt  which exists.

That's absolutely right guys, and I totally agree with your review. In this case it is very difficult for us to predict multiple Alt tokens, and if we want to invest we have to be smart about reading the situation and seeing the movements of the top 10 coins ,,?


Title: Re: invest into alt coins after every all time high?
Post by: michellee on January 12, 2021, 04:26:10 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
That is not a good idea to sell bitcoin for altcoin because by holding bitcoin itself, you make a big profit, especially when bitcoin price can back to $40k. But that will depend on what price you bought bitcoin before. If you buy bitcoin at $20k-$30k, you are making a profit, but if you buy bitcoin at $38k, that will be risky because the price now is down, but you do not worry because the price will increase again.
But if you think that the altcoin will increase, you can hold your altcoin whenever the price is down again following the bitcoin price correction. I hope you can hold the potential altcoin, so you will have a chance to profit later.


Title: Re: invest into alt coins after every all time high?
Post by: carlfebz2 on January 12, 2021, 08:44:38 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

No one can stop you on buying altcoins since its your money after all but the mistake you had done here is that on what you had buy.Altcoins are better ones but only to those top ranking ones
but if you do consider on buying those shit coins then you are really at trouble.

Take a look on what happened on top ones? They did really make out some gains after the btc run but eventually having some correction.

If you have converted your btc and had invested on ETH or XLM for sure you do make out gains when these coins had made out some significant move.


Title: Re: invest into alt coins after every all time high?
Post by: crazy-pilot on January 12, 2021, 09:18:47 PM
All in all, this is a bad idea. You don't need other people's thoughts to understand this.
It will be enough to open the chart of any coin and see how it behaved upon reaching its ATH. Now and 3 years ago, many people bought bitcoin and other coins at the peak of their growth, and very much regretted it later.


Title: Re: invest into alt coins after every all time high?
Post by: republicrypto on January 12, 2021, 09:44:07 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

i'm sorry to heard about that buddy
by the way, if you want to know when the right time to enter or exit the market, you should understand about technical analysis my friend
regards


Title: Re: invest into alt coins after every all time high?
Post by: blockman on January 12, 2021, 09:47:12 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
It is not a good idea to sell your bitcoin for altcoins. What you just did for me is a mistake. You shouldn't have done that and you kept bitcoin first and invest in altcoins with another set of money or capital.

so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
It's not about how many altcoins you have but it's about how valuable the altcoins you hold.


Title: Re: invest into alt coins after every all time high?
Post by: Kabul on January 12, 2021, 11:27:02 PM
Your strategy is somewhat cool. But be careful. Some of those altcoins can become worthless in some days. Remember to sell them when you have earned enough. Overcome the beast inside you. Being avid in a single moment can result as lost. The only thing bothering me right now is I dont have much bitcoin or money to accumulate more coins. This rise in the price of cryptocurrency is a chance for me to regain what I have lost in 2017. But this chance is getting far away from me.


Title: Re: invest into alt coins after every all time high?
Post by: Rengga Jati on January 12, 2021, 11:57:45 PM
When the BTC is starting to fall down, altcoins are also following to fall down. And in this case, probably the right time to buy more promising altcoins. Some top 20 are here and they are very worthy to do.
However, once more that we must be careful in choosing altcoins because they are riskier. And probably they are some shitcoins and dead coins. SO never end up like that


Title: Re: invest into alt coins after every all time high?
Post by: Shasha80 on January 12, 2021, 11:59:01 PM
There is nothing wrong with the investment strategy you are doing, by investing in altcoins after you sell your Bitcoin when it reaches an
all time high. Most importantly when it comes to buying altcoins, make sure the altcoins you buy include potential altcoins. Because if you
choose the wrong altcoins for investment, then all the profit you managed to get when selling Bitcoin will be lost. In my opinion, just choose
top altcoins which are safer to buy, but it would be better if not all of your capital was bought for altcoins. Keep buying some more Bitcoin,
especially since the price of Bitcoin is currently being corrected, so it's a great opportunity to invest in Bitcoin.


Title: Re: invest into alt coins after every all time high?
Post by: JeffBrad12 on January 13, 2021, 01:42:31 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

i'm sorry to heard about that buddy
by the way, if you want to know when the right time to enter or exit the market, you should understand about technical analysis my friend
regards
The technical analysis doesn't guarantee if you can enter the market at the correct time. There should always be a combination between the fundamental analysis and TA. When your TA says it's the correct time to enter but the fundamental is bad due to the bad news and it can be a boomerang. So many people have been facing this problem before. I thought that people should not only use TA to determine the correct price and time to enter the market.


Title: Re: invest into alt coins after every all time high?
Post by: hulla on January 13, 2021, 01:58:46 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
It never a good idea because this current cryptocurrency movement is determine by the price movement Bitcoin market presented and the altcoin pump trend this year shows it maybe difficult for 45% of all altcoins in the market to reach new ATH price.
You should have sell your BTC for stablecoin.

so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
Tomorrow are not promised and I believe majority of altcoin will not achieve ATH price this year


Title: Re: invest into alt coins after every all time high?
Post by: Kelvinid on January 13, 2021, 02:38:48 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
Honestly, you have mistaken to buy Bitcoin during its hype, and we are declining now moving back to $33,000. It's absolutely a loss for you but if you were able to hold and wait for it to bounce back, that be your sacrifice.

If that only helps you to save from losing and that altcoin also will potentially grow, you're definitely right. That is also what I suppose to do.
But anyway, the long-term holder had sometimes been paid great. Well, that be your choice either, and switching to altcoins is also the best option to risk.



Title: Re: invest into alt coins after every all time high?
Post by: kram31 on January 13, 2021, 04:55:09 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

It is the wrong moved you did dude, selling your Bitcoin because you want to shift into altcoin is a very bad idea.
I'd rather to hold Bitcoin in the long term rather altcoins. But it is your choice not mine, just hoping that you've never regret
on the decision you made now. Good luck then!


Title: Re: invest into alt coins after every all time high?
Post by: bitkanu on January 13, 2021, 05:52:26 AM
You are converting your assets when it was on the peak price. It sounds very bad decision IMO. it's better if you are converting it into the stable coins and waiting for the dip to enter in the market again.
You have been getting a loss caused by you were entering at the and position.
You should aware dude about the possibility for you to get another lose caused by you are doing the same with your altcoins.


Title: Re: invest into alt coins after every all time high?
Post by: gurunanakji777 on January 13, 2021, 09:03:02 AM
It depends on one planning and the Altcoins you hold instead of Bitcoin even some of the traders will disagree with your decision of selling Bitcoin. I feel you took this decision on the basis of the previous bull run of Btc when Btc touches its ATH after that Altcoins triggered and start booming. I believe this time you expect the same from the altcoins.


Title: Re: invest into alt coins after every all time high?
Post by: bryant.coleman on January 19, 2021, 06:23:00 AM
If you are converting your fiat, or some of the other non-crypto assets to altcoin, then I guess it's OK. But if you are planning to convert some of your Bitcoin holdings to altcoin, then I would warn you that it is going to be a historic blunder. Many of the alts are resembling over-inflated bubbles right now and they can burst at any point. All it takes is a small trigger and you will see 90% of your capital wiped out.


Title: Re: invest into alt coins after every all time high?
Post by: JackieAinsley on January 19, 2021, 06:48:24 AM
Your strategy is somewhat cool. But be careful. Some of those altcoins can become worthless in some days. Remember to sell them when you have earned enough. Overcome the beast inside you. Being avid in a single moment can result as lost. The only thing bothering me right now is I dont have much bitcoin or money to accumulate more coins. This rise in the price of cryptocurrency is a chance for me to regain what I have lost in 2017. But this chance is getting far away from me.

A lot of depends how usefull the project is, what developments it has. How many people will use it in future. More project will use the token in future the higher will be its price.
There are ecological projects https://moss.earth/blog
It is very imortant to protect the nature from pollution.


Title: Re: invest into alt coins after every all time high?
Post by: Fredomago on January 19, 2021, 07:37:57 AM
If you are converting your fiat, or some of the other non-crypto assets to altcoin, then I guess it's OK. But if you are planning to convert some of your Bitcoin holdings to altcoin, then I would warn you that it is going to be a historic blunder. Many of the alts are resembling over-inflated bubbles right now and they can burst at any point. All it takes is a small trigger and you will see 90% of your capital wiped out.

You have to review every action that you'll going to take, converting your assets or your fiat to some
quality alts are good especially those projects that have really good future usages.

It can provide decent benefits in the long run, as every crypto project that have good developing team behind gained good support
from this market.

All eyes should be open as the last statement also right, you can just lose your money
in a split of an eye if you failed to do your research.


Title: Re: invest into alt coins after every all time high?
Post by: LogitechMouse on January 19, 2021, 07:45:24 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
Most probably that you've made a bad decision into that part.
Selling Bitcoins and then buying altcoins? Maybe if you buy altcoins like Ethereum or Polkadot or Chainlink then it might give you profit short to mid term and even long term.

However, selling your Bitcoins in order to buy altcoins doesn't sound a good idea for me. Well, its your money and possible that it is your strategy so still ok. In the end it will depend on your risk management and how good you are in trading but for me personally, I will not do what you did but I will add additional capital to buy some altcoins and not selling my Bitcoins.


Title: Re: invest into alt coins after every all time high?
Post by: Shallow on January 19, 2021, 07:52:16 AM
I don't think anyone have the right to question your decision but however we can air our opinions, and maybe you might find it worthwhile one day. So, you sold your Bitcoin for altcoins, well that's good considering you sold with gains but what really matters afterwards is what you sold Bitcoin for, that is, if you sold Bitcoin for altcoins like Ethereum, then you did a good thing, because that's another wonderful coin to hold and sell once it crosses its ATH which it looks like it is approaching. However, on the other hand, if you sold for some new coins with no future, then you might need to have a rethink on your investment. Furthermore, Bitcoin is one of the few coins which someone can hold for long term without issues, so is Ethereum and some other top altcoins, thus selling Bitcoin for one or some of these top altcoins is also a good idea at the same time, selling altcoins for Bitcoin is also a good idea, but in all facts, holding some Bitcoin for long term is very good.


Title: Re: invest into alt coins after every all time high?
Post by: Bertyda on January 21, 2021, 06:06:44 AM
Your strategy is somewhat cool. But be careful. Some of those altcoins can become worthless in some days. Remember to sell them when you have earned enough. Overcome the beast inside you. Being avid in a single moment can result as lost. The only thing bothering me right now is I dont have much bitcoin or money to accumulate more coins. This rise in the price of cryptocurrency is a chance for me to regain what I have lost in 2017. But this chance is getting far away from me.

A lot of depends how usefull the project is, what developments it has. How many people will use it in future. More project will use the token in future the higher will be its price.
There are ecological projects https://moss.earth/blog
It is very imortant to protect the nature from pollution.

I checked the price of the MCO2 tokens on MOSS website. There price is growing. It means that if the project is useful the price of its tokens grows.


Title: Re: invest into alt coins after every all time high?
Post by: blue_nexus15 on January 21, 2021, 08:48:08 AM
thousands of allcoins are in vogue in the market, a large number of allcoins have great value problems and are core to product development and improvement.  Good to invest in allcoin right now because ETH will maintain the price and be the successor to the alcoin.  Please review it carefully!


Title: Re: invest into alt coins after every all time high?
Post by: bitkanu on January 21, 2021, 02:39:39 PM
thousands of allcoins are in vogue in the market, a large number of allcoins have great value problems and are core to product development and improvement.  Good to invest in allcoin right now because ETH will maintain the price and be the successor to the alcoin.  Please review it carefully!
It's not good when you are investing in at the peak price. Imagine when someone was buying ethereum @1400 and this time he got 10% loss due to the bearish trend that's happening in the market.

The main point should be the timing. This will determine how successful your trade to get the profit from the market.
Ethereum didn't give a lot of impact to another altcoin.


Title: Re: invest into alt coins after every all time high?
Post by: dhaldanga on January 21, 2021, 02:47:17 PM
I am a cryptocurrency lover.
I hold the cryptocurrency by visiting the market all the time.
How to hold more profits than alt coins.  Those who know, please let me know.


Title: Re: invest into alt coins after every all time high?
Post by: jzone23 on January 21, 2021, 03:22:34 PM
It is not good if you're buying on ATH. Selling Bitcoin for alts could be a smart move or not. Only few alts can really give lots of profit. For me i would still hold 50% of Bitcoin then Eth and 25% for alts. Well if you really prefer alts then goodluck just make your own research before buying it.


Title: Re: invest into alt coins after every all time high?
Post by: tvplus006 on January 21, 2021, 03:39:53 PM
You should have ask people on here before making that decision, it's not safe to buy coins at ATH, you might get stuck if dump happens and the chances that dump may happen is very high since you bought at ATH, don't do this ever again, to make profit from crypto you have to buy at cheap price

If altcoins were bought for BTC, then after the dominance of bitcoin decreases, there will be a great opportunity to increase the previous amount of BTC. But this will only happen if you choose a good coin, such as ethereum or litecoin. Because not every coin can grow in price in relation to BTC.


Title: Re: invest into alt coins after every all time high?
Post by: blckhawk on January 21, 2021, 04:13:44 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
I think that gonna somehow work I think but it will depends on the alts you buy though. If you choose the better alts like ETH and the top listed coins in the market then there's no doubt that it will be all worth but if you made a mistake in choosing them like a newly created coin then you might have rethink it cause there's a higher chance you blow it. Better if you liquidate it though but anyway alts are a good option as well.


Title: Re: invest into alt coins after every all time high?
Post by: bitcon on January 22, 2021, 07:47:27 PM
For me it is a bad idea that I have ever heard selling bitcoin to switch to altcoins, bitcoin is very comfortable in investing to large investors while altcoins are only partially choosing it and that in the long run, are currently convinced by the decision taken to sell btc and switch to another alt That's the only way you have to fix the chart control on a daily basis and hold the altcoins for the long term

Investing in any cryptocurrency is risky because there is a high risk of losing your money. It is very difficult to predict how the course will behave. And if we take into account the fact that the cryptocurrency does not yet have the legitimacy everywhere, then it is not possible to return the lost funds.


Title: Re: invest into alt coins after every all time high?
Post by: ElaineGanda on January 22, 2021, 08:49:41 PM
I think that is not a wise idea for an investor. It should be invested before the all time high for you to fully maximize the potential income. Based on the historical graph of every coin, if it reaches an all-time high, it went down again. Like ethereum right now, after hitting its all-time high few days ago which is 1440 USD, few days after it became 1300 USD and currently down to 1250 USD. So it is not wise if we will invest after all time high, it should be before.


Title: Re: invest into alt coins after every all time high?
Post by: cryptonx on January 22, 2021, 09:20:35 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

if you bought bitcoin after hit $40k then you predict if the price of bitcoin will going down, you can exchange your bitcoin to any kind of stable coins my friend, then if think bitcoin price will recover, you can exchange your stable coins to bitcoin, with this way, you will get more bitcoin as your profit
by the way if you sold bitcoin for altcoins, thats a good idea, but you must choose the ritgh alt buddy


Title: Re: invest into alt coins after every all time high?
Post by: 1l1l11ll1l on January 22, 2021, 09:34:43 PM
Investing in any cryptocurrency is risky because there is a high risk of losing your money. It is very difficult to predict how the course will behave. And if we take into account the fact that the cryptocurrency does not yet have the legitimacy everywhere, then it is not possible to return the lost funds.
Investing is always risky. what matters is when do you invest? if you invest in an altcoin with already high price (maybe almost ATH or even already hit ATH), I think you're just wasting your chance to profit from other investments. therefore, investment timing is also very important


Title: Re: invest into alt coins after every all time high?
Post by: makishart on January 22, 2021, 11:23:37 PM
I am a cryptocurrency lover.
I hold the cryptocurrency by visiting the market all the time.
How to hold more profits than alt coins.  Those who know, please let me know.
What you need to do to buy back again when the price is lower.
You can't rely with your coins. You must think about a new method to grow your portfolios. So many people were also doing this too dude.
When it will be reaching your buy rate and sell it and then wait until the bearish trend to happen. It's the best method so far.


Title: Re: invest into alt coins after every all time high?
Post by: cryptoknightt on January 23, 2021, 02:39:15 AM
a good idea maybe if the altseason will arrive after this correction.but it looks like it will apply to only a few altcoins, not all of them go up together.
however it may be risky if btc will continue to rise in the next few months.
and this decline is only a brief correction after the full increase of 1 month.


Title: Re: invest into alt coins after every all time high?
Post by: shoreno on January 23, 2021, 06:28:32 AM
its bitcoin that recently hitted 40k and you mean you invest altcoins after btc hit 40k ? why your loosing when there is no major movements happening in the altcoins , i mean altcoin was still down atfer btc hit 40k and the situation of altcoins are still the same until now but you did a mistake of selling your btc for alts and you still call it a good idea ? lol your crazy .

 stop that and be serious next time if you want to earn  but after reading further i see that you arent really serious . well its up to you


Title: Re: invest into alt coins after every all time high?
Post by: Joyawan13 on January 23, 2021, 11:27:55 AM
I am a cryptocurrency lover.
I hold the cryptocurrency by visiting the market all the time.
How to hold more profits than alt coins.  Those who know, please let me know.
If you want to hold more for a profit then you should buy some Altcoins which are always in the top ten category ranking, because all of them have the potential to benefit everyone, so while monitoring the market you can also see which Altcoins always have potential This year, that's the option for you in terms of holding it.
indeed to get a big profit we have to be able to choose several altcoins, and not enough to accommodate 1/2 coin of course because it could be speculation that the coins we buy for us to hold doesn't mean they want. can raise prices as quickly as possible. maybe we can choose some of the top 10 altcoins that we think have potential and which according to the research we are doing will develop in the future, even though it is not easy for us to know, but before making a purchase, there is nothing wrong with doing research with the altcoins you want buy.


Title: Re: invest into alt coins after every all time high?
Post by: Shubh7668 on January 23, 2021, 12:10:42 PM
When BTC was at 40k then most of the alts are on it's peak,as many of them are near about their ATH. You should have wait,you can check the history that how alts dramatically fall after the run.
You can check the case of Eth.
When it's had its previous Ath and how long it take to break it..


Title: Re: invest into alt coins after every all time high?
Post by: budi691 on January 23, 2021, 02:42:59 PM
buying Altcoins by selling Bitcoin is one of the less good steps, it doesn't mean Altcoins are worthless but it would be better if you held Bitcoin than altcoins,
but that's the decision that has been taken maybe the OP sees altcoins will continue to grow, and not bitcoin,
and sadly that was the wrong decision.


Title: Re: invest into alt coins after every all time high?
Post by: bitzizzix on January 23, 2021, 04:09:58 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
It all depends on your choice and choosing the right and profitable altcoin after sacrificing your bitcoins for altcoins, and what you have to realize is that when bitcoins go down, chances are the altcoins go down too.
but if you share the profit from bitcoin profits to buy altcoins, I think that's right without having to spend your bitcoins for some altcoins which may not necessarily make a good profit.


Title: Re: invest into alt coins after every all time high?
Post by: disconnectme on January 23, 2021, 05:54:09 PM
I think it is unwise to just sell all your Bitcoins for Altcoins, we don't know what the future will say and if there is anything I have learnt in this space never bet against Bitcoin because most of these value in Altcoins are coming back to Bitcoin, just look at the DEFI bull run last season and what happens later in the year to most of these DEFI tokens but BTC stand tall among them


Title: Re: invest into alt coins after every all time high?
Post by: Handsome Boy on January 23, 2021, 05:55:57 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
that is a good idea, because not all altcoin prices have increased (reached its ATH price), so if an altseason occurs, then of course you will get a big profit from investing in altcoin, but you have to choose the right altcoin to make an investment, because for now not all altcoin prices will increase very high and in my opinion you better invest in altcoin that are in the top 300 on coinmarketcap, because the price will definitely increase if there is an altseason.


Title: Re: invest into alt coins after every all time high?
Post by: Natsuu on January 23, 2021, 06:00:36 PM
If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.


Title: Re: invest into alt coins after every all time high?
Post by: doctor877 on January 23, 2021, 10:36:53 PM
One thing about crypto investment is that you need to understand the right time to buy base on your purpose of investment either for short term or long term or mid term. So these will determine when you buy  no matter how promising it might be. Selling all your btc for alts is not bad not the time you buy and the type you buy is what matters.


Title: Re: invest into alt coins after every all time high?
Post by: TastyChillySauce00 on January 24, 2021, 07:46:01 AM
If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.
It's clearly said by him if he has sold it to buy the altcoin when bitcoin was around 40k. I just expected if he was getting small profit to consider the bullish trend of altcoins were happening when the bitcoin was very stable around 36k. I think that he has already got nice profit but if he was using it for the long term and he may end with the loss.


Title: Re: invest into alt coins after every all time high?
Post by: 777Jolami on January 24, 2021, 08:11:20 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
I realize, you are the one going for short-term commercial purposes.  you hit a bad cycle state to take advantage.  I am very interested in the altcoin team that you keep when you sell BTC to salvage them.  If you sell BTC at 40k and hug your team with high volume in the forwards is ETH.  That was the perfect decision.  I am somewhat optimistic about ETH as it is kept safe and better it will break down the 1k5 safe very quickly.


Title: Re: invest into alt coins after every all time high?
Post by: MrBDavies on January 24, 2021, 10:10:27 AM
I only invest on altcoins for half of my btc, because we don't know the future - BTC might hit another ATH and we'll probably regretting it because we don't have enough of it on our bags.


Title: Re: invest into alt coins after every all time high?
Post by: Dr.Osh on January 24, 2021, 11:01:59 AM
If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.
well, too rushed to buy altcoins at that time. at a time when bitcoin price was still hitting $ 40k, altcoin price was still quite high, so it just looked the same. well, everything will be fine when altcoin season comes, and it might be lucky if the OP chooses ethereum at that point. however currently the price is lower than $ 40k, and only a few altcoins are profitable.


Title: Re: invest into alt coins after every all time high?
Post by: Banulit on January 24, 2021, 11:25:12 AM
I think its a bad idea on buying altcoins after it reaches new All time high because I think you are a kind of crypto enthusiasts who is FOMO. However I suggest that if you want to invest in altcoins better always buy in dip and hodl it in long term because in that way you can wait for the right timing to sell it with very profitable earnings.


Title: Re: invest into alt coins after every all time high?
Post by: JohnBitCo on January 24, 2021, 11:30:48 AM
I think its a bad idea on buying altcoins after it reaches new All time high because I think you are a kind of crypto enthusiasts who is FOMO. However I suggest that if you want to invest in altcoins better always buy in dip and hodl it in long term because in that way you can wait for the right timing to sell it with very profitable earnings.

Once the break out is confirmed, it is likely for the altcoins to move up. So if any altcoin reaches it all time high and close an hourly candle above the breakout and then retest the resistance and breakout, that's the time you can buy the coin for short term profit.


Title: Re: invest into alt coins after every all time high?
Post by: Natsuu on January 24, 2021, 11:30:54 AM
If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.
It's clearly said by him if he has sold it to buy the altcoin when bitcoin was around 40k. I just expected if he was getting small profit to consider the bullish trend of altcoins were happening when the bitcoin was very stable around 36k. I think that he has already got nice profit but if he was using it for the long term and he may end with the loss.

If that's so, referring to what you've said, he made unwise decision profiting only for small amount, when he can actually have a great profit if he only wait for just few days after that. But all done is done, he might been thinking of something that alt will delay bull after the bullish trend of btc.


Title: Re: invest into alt coins after every all time high?
Post by: kevinzxz on January 24, 2021, 12:37:11 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

I think you made the wrong decision, because if you want to invest in cryptocurrency for the long term, then a good investment in the long term is Bitcoin, so it is better for you to save your Bitcoin for the long term than you sell Bitcoin to buy altcoin and if you really want to invest in altcoin, then it is better for you to add your capital in cryptocurrency than to sell your Bitcoin to buy altcoin.


Title: Re: invest into alt coins after every all time high?
Post by: WalkerIVIV on January 24, 2021, 12:45:26 PM
I only invest on altcoins for half of my btc, because we don't know the future - BTC might hit another ATH and we'll probably regretting it because we don't have enough of it on our bags.
Actually what you have done is a very good and extraordinary thing, but you also don't need to hesitate about the future of Bitcoin because rare items will always be more expensive in the future, as well as Bitcoin.
BTC is not comparable with altcoin dude. You should also think what will be happening when the price will be going down again. People should think about how they can take the advantage from this holding rather than try to hodl it for the long term but it will be going back again without getting any profit from the market.
Altcoin is not so rarely like bitcoin.


Title: Re: invest into alt coins after every all time high?
Post by: Pamadar on January 24, 2021, 12:50:37 PM
I think its a bad idea on buying altcoins after it reaches new All time high because I think you are a kind of crypto enthusiasts who is FOMO. However I suggest that if you want to invest in altcoins better always buy in dip and hodl it in long term because in that way you can wait for the right timing to sell it with very profitable earnings.

Once the break out is confirmed, it is likely for the altcoins to move up. So if any altcoin reaches it all time high and close an hourly candle above the breakout and then retest the resistance and breakout, that's the time you can buy the coin for short term profit.

There's always open opportunities to those who understand the market.

If you are willing to take the risk and you do understand how to manage your investment, riding with the trend can bring you good benefits, it's just a matter of understanding and how you place your timing to make things possible to gain, otherwise the next thing you see is losing your money after investing in the wrong time and unable to cut your loses it will doomed  everything.


Title: Re: invest into alt coins after every all time high?
Post by: Vishnu.Reang on January 24, 2021, 01:01:17 PM
I understand that the Altcoin market share has increased from 25% to 31% during the last 10-15 days. But I don't think that they will be able to maintain this share. Obviously the pattern is similar to what we witnessed during December 2017-January 2018. Back then Bitcoin first hit the ATH level, and then started declining. Most of the alts had their ATH, around 3-4 weeks after the Bitcoin ATH. But this time, there is hardly any hype in the market for alts. A few whales may be propping up the prices, but they are not going to last for too long.


Title: Re: invest into alt coins after every all time high?
Post by: santiagomaicon on January 24, 2021, 01:28:00 PM
Too buy on highs is never a good idea, sorry


Title: Re: invest into alt coins after every all time high?
Post by: deean_3one on January 24, 2021, 01:59:54 PM
but yeh I sold btc for alt coins. sounds like a good idea?

That's not a good idea. I think selling btc and replacing it with some altcoins is not profitable. I think when the alt price is very good definitely btc price is much better.




Title: Re: invest into alt coins after every all time high?
Post by: meldrio1 on January 24, 2021, 02:35:36 PM
Good idea? maybe not, it's like you bought an altcoins at high price but if you hold them for long term then definitely a good strategy to make profit from altcoins in the future especially if the altcoins making a new all time high then I guess that is the best time to sell your altcoins. Just keep hold your altcoins bro.


Title: Re: invest into alt coins after every all time high?
Post by: CashbackLover on January 24, 2021, 02:48:22 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
It's never a good idea to buy altcoins or even other coins at their all time high price, if price goes down you will lose money faster, even for a newbie like yourself it's far safer to invest when market is down, I still don't get why people only invests when price is pumping


Title: Re: invest into alt coins after every all time high?
Post by: Spaffin on January 24, 2021, 04:12:51 PM
Good idea? maybe not, it's like you bought an altcoins at high price but if you hold them for long term then definitely a good strategy to make profit from altcoins in the future especially if the altcoins making a new all time high then I guess that is the best time to sell your altcoins. Just keep hold your altcoins bro.
Of course, not all altcoins will have corresponding success in the future, but if you are going to invest fiat funds in cryptocurrency, then this can be done even now, when altcoins are in very low positions. But if you invest Bitcoin and Ethereum in other altcoins, then in this case you need to wait for the period when these cryptocurrencies rise to the next historical maximum and even then you can move on to investing in the most popular altcoins.


Title: Re: invest into alt coins after every all time high?
Post by: CuriousGeorge on January 24, 2021, 04:14:50 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
It's never a good idea to buy altcoins or even other coins at their all time high price, if price goes down you will lose money faster, even for a newbie like yourself it's far safer to invest when market is down, I still don't get why people only invests when price is pumping
I hope that he knows if that's the worst decision that should not be repeated again. So many times the newbies will always lose their money instantly caused by this.
The market has been going down again after the bitcoin made its new ATH. he must have learned a lot from this case. he should never try to buy or even shorting the market because it's too risky for his money.


Title: Re: invest into alt coins after every all time high?
Post by: Alohadanc3 on January 24, 2021, 07:20:31 PM
I don't think your move is very good. The market is very high at this moment alts are touching ath everyday. If you invest now there is a chance that if market go down alts will bleed badly. I think when market is down that is the time to invest in alts. But if you know how to make profit from alts then it's fine. But if I have to invest I would never put all my money in alts. That's always a risk. Now it's upto you.


Title: Re: invest into alt coins after every all time high?
Post by: tycsols on January 24, 2021, 08:54:21 PM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
Some people think they are very smart and will buy soon after btc peaks and real alt season starts but to be honest btc peak is not easy to find and most peopel will lose taking this risky strategy. The best time to buy is from longterm support areas during downtrend.


Title: Re: invest into alt coins after every all time high?
Post by: fishbonez11 on January 24, 2021, 10:28:58 PM
I notice that moat altcoins just go with the price of bitcoin. And since the price got so high there is really a big possibility that the price will make a correction and for sure, altcoins will do the same. Stable altcoins, like eth, xrp, bch went down as the btc goes down. So its a no for me to invest in altcoin.


Title: Re: invest into alt coins after every all time high?
Post by: doctor877 on January 24, 2021, 10:54:57 PM
Investing after reaching ATH is so good. It Wil take a longer time for you to make any profit and if market fall backward into a dip, then you have to keep holding to longer time.


Title: Re: invest into alt coins after every all time high?
Post by: BuNga_cute on January 24, 2021, 11:02:49 PM
It was a very good decision to sell your Bitcoin when the price hit $ 40k. After that bought some altcoins, your decision proved to be successful.
Because currently Bitcoin is still correcting after reaching the ATH price. And some altcoins are starting to creep up, but for me the best performing
altcoins this year are Ethereum and Polkadot. Even for Polkadot, it is very special, besides being successful in reaching new ATH this year. Polkadot
also made it past XRP to become the top 4 now.


Title: Re: invest into alt coins after every all time high?
Post by: nykka on January 24, 2021, 11:08:08 PM
I`m a conservative investor, so I`m very afraid to buy any altcoins today, because market can go down any time, so I don`t want to risk. Nonetheless, I`m still holding most of my assets, which were bought before the market growth and I believe new ATH still can be reached


Title: Re: invest into alt coins after every all time high?
Post by: Hypnosis00 on January 24, 2021, 11:19:20 PM
I`m a conservative investor, so I`m very afraid to buy any altcoins today, because market can go down any time, so I don`t want to risk. Nonetheless, I`m still holding most of my assets, which were bought before the market growth and I believe new ATH still can be reached
So what you are doing now? Just keep holding those hopeless coins?
OP didn't make the right decision of buying altcoins during the hypes but he believes that buying those profitable coins will give him a good return either. He's taking more risk than you but I think, he might get more profit than keeping holding altcoins that never have a chance to grow.


Title: Re: invest into alt coins after every all time high?
Post by: ene1980 on January 24, 2021, 11:49:33 PM
Some people think they are very smart and will buy soon after btc peaks and real alt season starts but to be honest btc peak is not easy to find and most peopel will lose taking this risky strategy. The best time to buy is from longterm support areas during downtrend.
You cannot complain because if you look at the charts or if you are active in the market during the last rallies then you would understand the reason why he invested in alt coin when the price of bitcoin reached its all time high valuation, usually after the bitcoin rally the alt season starts gaining momentum.
I stopped riding the market like that because of certain experience and i am not planning to take any risk this year because of my financial situation.


Title: Re: invest into alt coins after every all time high?
Post by: shinratensei_ on January 25, 2021, 02:49:00 AM
I`m a conservative investor, so I`m very afraid to buy any altcoins today, because market can go down any time, so I don`t want to risk. Nonetheless, I`m still holding most of my assets, which were bought before the market growth and I believe new ATH still can be reached
If you didn't wanna deal with the risk and how can you earn a profit from the market? do you see ethereum right now and it has been getting another big pump again. He must have leaned about to buy at the dip but when the market will never be going down again and you will be also losing your money.


Title: Re: invest into alt coins after every all time high?
Post by: inanilujimi on January 25, 2021, 03:02:04 AM
it's your decision, so just enjoy it, no one will know that someday the altcoins you hold will become something in the future ,,,
altcoins could be bigger to make a profit if we choose the right altcoin and vice versa, if one is wrong the real losses will come and your capital may sink forever.


Title: Re: invest into alt coins after every all time high?
Post by: Wulan_maniez on January 27, 2021, 10:00:57 PM
If you’ve already sold your bitcoin at $40k or $41k, it’s sure you’ve made a lot of profit, especially if you bought bitcoin at a cheap price.
Indeed, altcoins are currently pumping because bitcoin is currently doing sideways in a  few weeks. It  might be nice if  you  could  take
advantage of trading short-term altcoins. But you should also be prepared to buy back  bitcoin  when its price drops now, to prepare for
another price hike.


Title: Re: invest into alt coins after every all time high?
Post by: makishart on January 28, 2021, 07:35:10 AM
already sold your bitcoin at $40k or $41k, it’s sure you’ve made a lot of profit
The problem is if he has been using his bitcoin to be converted into the altcoins and this will reduce his profit margin from his bitcoin.
We don't know actually whether he is still in the profit or he was getting the opposite result like the loses from his altcoins.
So many people have asked him about that but again the ATH can always be considered as the time to sell and it's not to buy,. So many people didn't understand it correctly.


Title: Re: invest into alt coins after every all time high?
Post by: ice18 on January 28, 2021, 09:36:51 AM
I assume thats really a good move after you sold at the latest ATH of btc and immediately bought alts like UNI,Dot, Link or Doge if you invest on this altcoins then man you nailed it thats awesome profit those altcoins are really hot right now and continue to rally while btc still in sideways I hope you already take your profit and wait for another btc dip then reenter.


Title: Re: invest into alt coins after every all time high?
Post by: firmino10 on January 28, 2021, 10:13:27 PM
You ought to never invest in cryptocurrencies when they have been pumping in price for quite a while, on the grounds that at any second these cryptocurrencies should begin falling in price, that is actually what happened yesterday, so it merits sitting tight for the second when the amendment of the cryptocurrency market will end and afterward it will be conceivable to invest in cryptocurrencies.


Title: Re: invest into alt coins after every all time high?
Post by: Natsuu on January 30, 2021, 05:21:33 PM
After DOGE reach ATH, I believe rn that you made the right choice and you must have a fortune right now. That's a great gamble you got there with great risk and I am now feeling that I have something to learn from you, from this. So thank you OP.


Title: Re: invest into alt coins after every all time high?
Post by: Alohadanc3 on February 07, 2021, 08:30:03 AM
I don't think its a good idea to sell all your bitcoin and covert it into altcoins. Cause now most of the coins are in high price if you hold it for long term then maybe it's fine. But in short term they can fall hard. and it's also depends on where you out your money. If you chose wrong alt then there is a possibility bo great loss. Hope that will not happen. Whatever you do do it carefully.


Title: Re: invest into alt coins after every all time high?
Post by: vintages on February 07, 2021, 10:04:04 AM
I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea?
so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.

'you will have a hunch of altcoin'? You make it sound like having a lot of altcoin is the key to investing in cryptocurrency. You could have a bunch of altcoin but they still be worthless. I am not trying to sound disappointing but it's kinda the truth. If I were you, I will keep that Bitcoin,  for the future.

I just hope you purchased the right altcoins though.