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Author Topic: Should I sell?  (Read 2599 times)
ObscurePen (OP)
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August 15, 2017, 09:00:55 PM
 #1

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?
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August 15, 2017, 09:08:46 PM
 #2

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?


Anwering this question is difficult only because of litecoin. I can never predict the right trade in litecoin. For the ether, you absolutely need to hold it. I never sell ether below 0.1 bitcoin. This is my rule for ether. And 0.06-0.07 BTC is a buy point for ether.
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August 15, 2017, 10:44:54 PM
 #3

If i were you, i will still hold pending when the market value of the altcoin increases because as bitcoin market value increase most of the other altcoin are decreasing and so if you should sell is as if you may end up selling at lost. Although I don't know the value at which you bought those your coins.
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August 15, 2017, 11:22:21 PM
 #4

Nowadays it is the time to buy bitcoin more and more to get the profit from it and the profit from bitcoin is a confirmed profit while from litecoin and ethereum it is now not sure that when will its start to increase so it is better for you to sell your altcoins and start to buy bitcoins.
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August 15, 2017, 11:28:39 PM
 #5

it depends on yourself,if you have financial back up you don't need to sell it right now.
more likely you will lose it,just sell it whenever you're profitting from it.
for example you bought ETH at 0.06 sell it 0.061 or more than that,
just remember,as long as Bitcoin still exist altcoin will always survive.and someday every altcoin will get pumped.
because human greed,they will not sit and do nothing when they can multiple their Bitcoin,
using that shit absolutely,pump and dump strategist.so if you have a good financial back up,don't worry just hold it a bit longer than before.
and you will get what you deserve
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August 15, 2017, 11:57:52 PM
 #6

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?


Just hold your ETH its still low now, its a good coin and second on coinmarketcap, it will bounce back soon. Also, when a coin is rising its better to observed first, dont buy or you maybe late for the pump. Wait for the correction or when it stabilized and decide to buy. Well bitcoin is also good, especially if you target long term hold.
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August 16, 2017, 01:23:04 AM
 #7

NO.

I also now HODL my coins, I am not selling any of my coin now.
It is you choice
but BTC is on the condition of about to rise but looking for more ground as a solid base to jump
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August 16, 2017, 01:55:31 AM
 #8

in this case, you can sell litecoin and buy btc since btc will be growing up in next few days. but for ether just hold it. ether and btc has strong volume at market so hold it will make more profit for swing trade.
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August 16, 2017, 02:56:37 AM
 #9

in this case, you can sell litecoin and buy btc since btc will be growing up in next few days. but for ether just hold it. ether and btc has strong volume at market so hold it will make more profit for swing trade.

I'm also leaning towards this strategy, getting bitcoin today is the most viable choice because the price of bitcoin will likely increase in the future. Now is the best time to enter bitcoin, because the price is somewhat low because it has gone into a correction. I know you are going to lose some here, but I think with bitcoin, you can easily recovered your losses. As for Ethereum, much better to just hold on it, although its price fluctuation is too hard for me to predict the movement. I think both bitcoin and ETH should be hold for longer term as compare to other altcoins that you can trade daily.

 
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August 16, 2017, 06:58:02 AM
 #10

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?


I suggest you sell all coins and buy bitcoin, because eth and litecoin price are not good. If we see eth and litecoin price action history with long time period is too difficult to rise again, need more time and news speculation. That's why bitcoin become the best alternative to make profit. Your money your call and have a nice day.

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August 16, 2017, 07:40:59 AM
 #11

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?


I suggest you sell all coins and buy bitcoin, because eth and litecoin price are not good. If we see eth and litecoin price action history with long time period is too difficult to rise again, need more time and news speculation. That's why bitcoin become the best alternative to make profit. Your money your call and have a nice day.

But buying btc now were too expensive, we should watch more of it ,if it goes a little bit lower then we can consider it. I might as well considered converting my fiat into btc. But the decision will always be in you if you're already decided then go ahead.
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August 16, 2017, 07:55:23 AM
 #12

If you wish to sell LTC then you can sell off and convert that into either BTC or ETH. Both are good coins and their future market values is going to rise. Only thing currently ETH is available at very reasonable rates so buying this will help you as this rate will rise manifold in coming time as compared to btc. Else you know some good coins at PRE ICO stage then you can invest in that as well.

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August 16, 2017, 07:57:58 AM
 #13

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?

If you are still in lose on the altcoin value and it will better for you to keep your amount until you leave from there without any lose. But if you are feeling the price of bitcoin will increase again and you can sell them now and buy bitcoin as much as you can.

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August 16, 2017, 08:18:19 AM
 #14

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?


Litecoin is a very strange coin. Any time it seems to crash, it magically rise again, even to quite high price. Its technology is nothing special, but it has some relevant advantages: it was the first real alternative to Bitcoin, a large user base and a serious main developer. So I suggest you to hold.

Ethereum (assuming you own ETH and not ETC) is a different thing. I think it is better not to sell, but to invest your ETH in good ICOs, in order to get higher returns.

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August 16, 2017, 08:25:48 AM
 #15

Yesterday while I was scrolling trough the news in Facebook I noticed one post, apparently one guy who is one of the best traders said that price of bitcoin can reach 15000 dollars this year!!! Many bitcoin experts appear from nowhere and with very brave statements, if anyone trys a bit this news is easy to found and can be checked. Honestly I don't know what to think about this prediction, I can't say it's possible I can't say its impossible, with bitcoin anything can happen.
If you believe this guy you should sell ETH and ltc snbuy bitcoins, if not keep your alts and maybe you will have more luck and profit, choice is on you for your money. Each one of us needs to decide what is the best thing to do right now, I will keep my bitcoin and I will try to make more.

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August 16, 2017, 08:30:25 AM
 #16

Hi, all. I have 20 Litecoin and some Ethereum … around 5.7 Ethereum. Bitcoin price seems to be rising, and fast. My question is should I sell my Ethereum and Litecoin now and buy Bitcoin? I checked the price of Bitcoin today. It went down quite a bit. Do you think there is going to be a healthy correction before the price rises again? I feel like I should wait for a couple more days and view the trend. The problem with that is Litecoin seems to be gradually falling. The same is happening with Ethereum. What do you all think?


This is not the best time to sell dump coins like LTC and ETH, Just wait until Altcoin price back to normal then start sell it to bitcoin if you want it, Because if you just wait, At the end, Price of bitcoin is still the same if you sell now or wait for your coin to pump. You will just loss the amount you used on buying ETH or LTC. Patience is a virtue in altcoin trading. You will just regret once you sell now then price of you alts bounce back again.

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August 16, 2017, 08:53:55 AM
 #17

I would keep them both - LTC and ETH.

Currently both are in 10days low and BTC is all time high.
I'm not so strong believer in LTC, but ETH will rise for sure. At least to 330-360 in next month.
Just wait until altcoins regain value to BTC.
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August 16, 2017, 09:44:05 AM
 #18

Bitcoin is actually going up now and  I think if you have risk capital you should wait until the price go up.  Ehtheruem and litecoin on the others hand is not doing to bad and you should not just convert your ethereum to bitcoin if you have long term investment view. I am not a fan of ethereum but I think it's will give you good return more than bitcoin. Bitcoin will find it difficult to go as high as $8000 that is double in price but ethereum will easily double in price.
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August 16, 2017, 11:14:32 AM
 #19

I'm not bullish on either of these alts, but with a little luck and patience both will probably recover. With LTC I wouldn't hold my breath for astronomic gains, ETH is another story, however I also think it's overvalued right now (ICOs even moreso).

Keep in mind that while most alts made a great comeback from a fiat perspective, most of them still got outperformed by BTC in the long run. But I see that you are already in the right state of mind by thinking in selling for BTC and not fiat.

If you want to play it safe just hold some and keep some.

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cubevtc
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August 16, 2017, 07:34:38 PM
 #20

better wait iff no need money btc will rise vey much like 10k in this years

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