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Author Topic: Tricky Question, Sell BTC and buy Altcoin?  (Read 2153 times)
Coffee2015 (OP)
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October 23, 2017, 04:22:21 AM
 #1

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?
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planfox
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October 23, 2017, 05:37:09 AM
 #2

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?
Well, what's the problem, after the fork bitcoin falls a little, you can sell a little and invest in altcoyins, they are promising, and now the price for them is acceptable. So I am for developing the alternative and the emergence of competitors.
RayDali0
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October 23, 2017, 06:25:49 AM
 #3

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?
Well, what's the problem, after the fork bitcoin falls a little, you can sell a little and invest in altcoyins, they are promising, and now the price for them is acceptable. So I am for developing the alternative and the emergence of competitors.

Good advise for newbie.
I also predict that Bitcoin will have correction so I ll keep the margin to buy something,
Not really which to buy and when.

It seems that you indicated a very good point.
I ll keep watching the market.

Share some more advices here, looking forward
hamamelis
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October 23, 2017, 06:38:33 AM
 #4

There is an opinion that altcoin should be bought when important news comes out about it, and during this time of the pump the altcoin should be sold.
RayDali0
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October 23, 2017, 07:41:19 AM
 #5

There is an opinion that altcoin should be bought when important news comes out about it, and during this time of the pump the altcoin should be sold.

Cool if you share more,
Do you have any advise which coin that ll be updated soon?

I am curios to nominate it?

So it is better to sell some and buy altcoins,
Buying which one is that coin with more update?
I am looking further Smiley
h0lybyte
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October 23, 2017, 08:11:19 AM
 #6

It is not definite that the price of bitcoin will decrease after fork. According to veteran traders, the market of bitcoin is speculated to touch $7000.
However, if you are still interested to sell some amount of bitcoin and want to buy altcoins, i would like to suggest some altcoins which have long term potential.
BAT,
OMG,
Waves,
EOS.
You can choose one or all for investments, hope those coins can help you
Coffee2015 (OP)
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October 23, 2017, 08:28:13 AM
 #7

It is not definite that the price of bitcoin will decrease after fork. According to veteran traders, the market of bitcoin is speculated to touch $7000.
However, if you are still interested to sell some amount of bitcoin and want to buy altcoins, i would like to suggest some altcoins which have long term potential.
BAT,
OMG,
Waves,
EOS.
You can choose one or all for investments, hope those coins can help you

I think it is possible that BTC will still rise,
I am looking some altcoins that is is better to run some of my profit,
I ll look for Waves.

I bought some and I ll seek the market response first after forking,
it should be fun to see altcoins after that time
junoreactor
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October 23, 2017, 08:59:10 AM
 #8

In short you are "gambling" because no one can tell Bitcoin price will go down or go up after the fork. Don't be too greedy, whatever you decide to do, friendly advice Wink
Dontme
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October 23, 2017, 09:21:57 AM
 #9

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?
Theres no problem about that, that was the life of traders sometimes if he not longer hold it maybe he can sell it in a good price the only thing that I am telling you is that bitcoin is not yet over. Yes, it's good now to buy altcoins while btc is higher this will be the great season for us to buy some good and potential coins. It will make us more excited while btc getting higher, buy some alts.
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October 23, 2017, 10:06:39 AM
 #10

There is an opinion that altcoin should be bought when important news comes out about it, and during this time of the pump the altcoin should be sold.

What do yo mean altcoins should be bought when important news comes out about them? That is explicitly when the pump occurs and you would want to sell them if you want to get some profit. Buying should be on the dip and not the tip. However you may think otherwise.

The second part of your post is also not correct. There is currently a pump occurring in the price of bitcoin and the altcoins are generally showing a dump. This is a good time to buy some altcoins which you previously could not buy due to high price.

R


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SandybZhyta
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October 23, 2017, 10:33:39 AM
 #11

when hf ended,i think btc will be stable or will a low maybe,perfect time to buy altcoin
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October 23, 2017, 10:35:16 AM
 #12

There is an opinion that altcoin should be bought when important news comes out about it, and during this time of the pump the altcoin should be sold.

What do yo mean altcoins should be bought when important news comes out about them? That is explicitly when the pump occurs and you would want to sell them if you want to get some profit. Buying should be on the dip and not the tip. However you may think otherwise.

The second part of your post is also not correct. There is currently a pump occurring in the price of bitcoin and the altcoins are generally showing a dump. This is a good time to buy some altcoins which you previously could not buy due to high price.
For me. if the occurrence of segwit2 I will still hold my bitcoin after segwit2 finish, maybe bitcoin will back up from current price.

Sewarlock
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October 23, 2017, 11:35:53 AM
 #13

just to remind you that BTC has forked before, and many said back then (BTC Cash) that the coin wouldn't survive, it's sitting at the moment on about six billion US dollars and it doing just fine. It initially reduced the price of BTC but it later stabilized as it's usually the case with crypto coins in general. Buying altcoins even before the fork would be a good idea imo, since everyone will run after them, you'll be already invested and get the early gains from all the players "escaping" BTC. If something big (bad) would happen to BTC the closest thing to profit from it would be Litecoin, it's the most likely competitor and a good hedge against the king of crypto's. Make sure to have a stack in ETH as well, as it's the "main" altcoin and everything is being build around it nowadays (it's having soon a fork itself, which will settle in a couple of months after it has been thoroughly tested). It will add some privacy features which will definitely give an important boost to ETH.
cryptocrusher
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October 23, 2017, 11:42:49 AM
 #14

To my mind you have two options and it depends on your beliefs about bitcoin gold, either sell now and buy alts or sell immediately as the fork happens and buy alts then. You may not get your alts quite as cheap doing the latter but you will get free bitcoin gold.

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aardvark15
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October 23, 2017, 11:49:37 AM
 #15

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?

I like to sell some Bitcoins when the price is high and buy a good altcoin that is low. I think the real trick is getting the altcoin at a good price. Really both the Bitcoin sell price is important and the altcoin buy price as well.

If you have a portfolio of several coins, this strategy can help you increase the coins you have by timing the highs and lows. I suggest sticking with some of the major altcoins that are going to continue increasing in value.
jaocoincrypto18
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October 23, 2017, 12:05:37 PM
 #16

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?

Then if its true that bitcoin value will become higher then to make sure of it i will buy altcoins after the fork to ensure that everything is ok. We really dont know what will happen to crypro currency this time during SegWit2X because no one can see the future that all are 100% speculation that bitcoin is good during the fork. To make it 100% sure i suggest we will wait for the event to happen because this is not a race of altcoins but just to ensure that we are safe to invest the selected altcoins because we are selling our bitcoins.
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October 23, 2017, 01:37:13 PM
 #17

I personally doubt that the alt coin bottom is in yet, at least for the market in general. There may be some that show short- to mid-term potential, but to me personally the risk would be to high to bet on the wrong horse. There's simply too much bullshit abound.

Caveat: I'm pretty much a perma-bear when it comes to alts.


In short you are "gambling" because no one can tell Bitcoin price will go down or go up after the fork. Don't be too greedy, whatever you decide to do, friendly advice Wink

Yep. Trying to get rich quick is a good way to get poor quick.

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xIIImaL
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October 23, 2017, 01:46:40 PM
 #18

It is  a good time for Crypto Land, we are on the moon,.... and even better.
When we have to sell Bitcoin and buy Altcoin?
Forking makes your Bitcoin higher,
so I can sell it.

These extra money can be used to buy (cheap) altcoins,... anyone has suggestion when do I have to start to buy it?

Why you want to buy the altcoins with the bitcoin bro. If you hold the bitcoin you have in your wallet also increase the as price rises in the chart. You will get the profit according to the amount your saved only. So you can save the bitcoin because altcoins are not stable since it is very cheap and you bought huge amount altcoins for one bitcoin means you will loose more than the amount you saved in the form of bitcoin.
Cheap altcoins will be more cheaper after the fork since we are seeing dump in all the altcoins from the past two days.
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October 23, 2017, 02:39:27 PM
 #19

It is not definite that the price of bitcoin will decrease after fork. According to veteran traders, the market of bitcoin is speculated to touch $7000.
However, if you are still interested to sell some amount of bitcoin and want to buy altcoins, i would like to suggest some altcoins which have long term potential.
BAT,
OMG,
Waves,
EOS.
You can choose one or all for investments, hope those coins can help you

I agree and I also did heard a lot from veteran traders stating that Bitcoin will reach $7000 next month. I would hold on to my Bitcoins if I were you and if you have spare money to spend on some altcoins then these would be good choices for long term investment including NEM and Ethereum on the list above mentioned.
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October 23, 2017, 02:58:05 PM
 #20

when hf ended,i think btc will be stable or will a low maybe,perfect time to buy altcoin

After the fork is definitely not the best time to buy altcoins in my opinion, as it's most likely that people would be hoarding alts after the fork as well after claiming the bitcoinGold coins, so I personally expect a slight sharp rise in alts moments after the fork when people realize that they already received their bitcoingold.

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