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Question: Should i sell my alt-coins?
Yes - 11 (40.7%)
No - 15 (55.6%)
Dont Know - 1 (3.7%)
Total Voters: 27

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Author Topic: Should i?  (Read 1212 times)
Anarchy101 (OP)
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June 12, 2016, 05:33:00 AM
 #1

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?

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john2231
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June 12, 2016, 06:45:23 AM
 #2

Yeah you should sell all your altcoin right now before you late.. the price of bitcoin is increasingly fast and i think more price increase will come..
But if  the price of bitcoin is increasing withou effect for the price of altcoin.. just hold your altcoin and don't sell..
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June 12, 2016, 06:52:55 AM
 #3

I always sell them on the fly. When I acquire some from airdrops or some form of payment, immediately to exchange I go and sell sell sell Smiley
Never was sorry that I have lost some small bits because of price drop or price increase.
For me its just to much to worry about to hold them alts on exchanges or separate wallets.
But that's just me, you should do whatever your reason dictates you to do.
Sell before halving? I would do so. Re buy later on? I wouldn't Smiley 

balu2
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June 12, 2016, 08:17:01 AM
 #4

you'll rebuy higher
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June 12, 2016, 08:18:56 AM
 #5

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?



i think depends what of kind alt coins you hold now. if that alt coins you hold seems doesnt have any future, better sell that now before the price will more decreased because got affected by BTC rising.
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June 12, 2016, 09:12:51 AM
 #6

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?


Yes Yes Yes .you can rebuy once BTC settles after halving.
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June 12, 2016, 10:25:16 AM
 #7

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?


Yes Yes Yes .you can rebuy once BTC settles after halving.

I'm not so sure. There should have been a 'don't know' option.

I do remember LTC swelling it's market cap beyond 1Billion$ when the BTC $200 to $1000 rocket happened.

It could be that alts generally move up proportionately more, if BTC heads towards $8-900 only to have a long bear after - in which case better to hold short term.

Or it could be that a select few alts rise dramatically and the rest see a bear market short term.

Who knows?
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June 12, 2016, 10:27:39 AM
 #8

er....

imho you should be doing what I'm doing......ATTIC MINING!

Digging in my attic to sell crap on Ebay to buy BTC as fast as possible before halving

If it PUMPS I'm golden!

If it dumps I have a clean attic for a Rec Room and my house value goes up! (win/win)

anyway ..thats what folk SHOULD BE DOING NOW imho Smiley (keep the alts as a hedge wth)


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June 12, 2016, 11:24:59 AM
 #9

er....

imho you should be doing what I'm doing......ATTIC MINING!

Digging in my attic to sell crap on Ebay to buy BTC as fast as possible before halving

If it PUMPS I'm golden!

If it dumps I have a clean attic for a Rec Room and my house value goes up! (win/win)

anyway ..thats what folk SHOULD BE DOING NOW imho Smiley (keep the alts as a hedge wth)


lol... I like ATTIC MINING...
Can we have a coin which uses it?
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June 12, 2016, 11:51:20 AM
 #10

er....

imho you should be doing what I'm doing......ATTIC MINING!

Digging in my attic to sell crap on Ebay to buy BTC as fast as possible before halving

If it PUMPS I'm golden!

If it dumps I have a clean attic for a Rec Room and my house value goes up! (win/win)

anyway ..thats what folk SHOULD BE DOING NOW imho Smiley (keep the alts as a hedge wth)


lol... I like ATTIC MINING...
Can we have a coin which uses it?


good old USD from ebay and paypal ...then to BTC or LTC .......again its a win/win if sell all the crap I have up there (about 5k i figure) and  all crypto goes tulips i have a rec room to mope in Sad


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Anarchy101 (OP)
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June 12, 2016, 12:06:03 PM
 #11

I think i will sell all my alts except RADS, WAVES, LISK, DAO etc
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June 12, 2016, 12:37:37 PM
 #12

Why not RADS?  Huh
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June 12, 2016, 12:49:06 PM
 #13

Looks like the big exodus from Alts to BTC hasn't started yet. The price increase is coming from the outside at the moment. Do you think, once that stops, people will start to sell their Alts for BTC?
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June 12, 2016, 01:14:18 PM
 #14

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?



Holding BTC makes the most sense while it's rising. I don't know why anybody would be holding altcoins right now. Best to trade to BTC now, then trade back to altcoins later.

All alt/btc are going down, so meaning you will be able to be more of your favorite altcoin in the future.

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freshman777
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June 12, 2016, 01:38:28 PM
 #15

you'll rebuy higher

this

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June 12, 2016, 02:00:47 PM
 #16

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?



I agree with the above poster. It depends on which altcoins you're currently holding and your overall objectives.

The world is big enough to support several cryptocurrencies. And when these currencies become commonplace, the values will be much higher than they are now.

~~
nururochac
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June 12, 2016, 02:15:56 PM
 #17

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?


Yes sell them now and rebuy once halving is done, btc is making a huge price hype and it affects altcoins value once converted to bitcoin.
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June 12, 2016, 02:50:06 PM
 #18

Absolutely not, bitcoin already increased 3 times in a few months, profit prospects are extremely low. Besides, this is not a "natural growth" but a huge pump & dump. As you can see here, almost 85% of btc trade is made on 2 0% fee chinese exchanges. And since they control most bitcoin and 70%+ hashrate its easy to understand why, they pump only what they control (build strong mining equipment and mine with it with 0 cost, while selling it to suckers later for thousands of $) aka btc, ltc, and some other small cryptos.
https://www.cryptocompare.com/coins/btc/analysis/USD
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June 12, 2016, 05:42:54 PM
 #19

Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?


Altcoin is all red right now and may keep at current level or at some dumped level before halving. Selling bitcoin at halving and buying altcoin with it at that time will be nice move i think.

 
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June 12, 2016, 06:07:36 PM
 #20

If you didn't know you should be dumping the hell out of alts then you shouldn't be trading.  The only reason scamcoins like Ethereum haven't imploded to nothingness yet is because the single entity pumper that controls price has been blowing thousands of BTC trying to prop it up.  They'll eventually throw in the towel, then you'll see them drop the hammer causing a flash crash.

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