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Author Topic: Sell alts for Bitcoin  (Read 1000 times)
Thanasis
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October 29, 2017, 07:38:09 AM
 #21

bitcoin only a few moments to 2x fork, I think you should buy altcoin is a good chance. because altcoin is at a low price, and will give you a 2x - 4x profit. and now altcoin has started up.

If you are a small invester it is better to go with altcoins than bitcoin because nowadays some of altcoin give much more profit than the bitcoin but some altcoins are risk to invest.So if you are a trader its better to go with sell altcoins for bitcoin because both will give you good profit but the profit will be based on your investment.

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Acguy
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October 29, 2017, 07:43:14 AM
 #22

The real question is if alts will go lower when bitcoin goes down.

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BTCLovingDude
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October 29, 2017, 07:47:11 AM
 #23

it can technically be a good idea to sell all your altcoins before bitcoin has a fork. then either keep your money as bitcoin or fiat ready to buy bitcoin.

because we have all seen many times in the past that when bitcoin price drops, altcoins follow it harder. so if you have altcoins they may lose a lot of their value. selling in this case is wise.
and when bitcoin has some downtime there will be a bigger rally right afterwards which means you have to join the bitcoin rally before it begins because afterwards it will be late and you miss out. not to mention altcoins will drop during big bitcoin rallies.

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October 29, 2017, 08:06:33 AM
 #24

I see all my alts are down, so I think it is  a good time to buy more. Maybe gradually before the event. After that, I will see if 2x will bring bitcoin higher or lower price. My actions will depend on which way bitcoin will go after the event. Right now, it is just buy alt for me since it is cheap.
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October 29, 2017, 01:35:59 PM
Last edit: October 29, 2017, 07:13:08 PM by valentin68
 #25

All alts are on a downward trend now. And they will be in the mext months. People say that the next appreciation of the alts value will happen in at least some months from now. If you have many alts, my advice is to sell them for the bitcoin and wait 2-3 months before doing something. The bitcoin is appreciating, this is certain, 99% of the alts have a downwards trend.  
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October 29, 2017, 01:39:48 PM
 #26

I believe no. Because there is someone that I know signaled me that not to sell my alts because it will go boom this time around. So guyss, just hold on your alts and probably we can profit a lot. I am so excited for the boom of CTR and AVT. Let's go.




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martinholly167
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October 29, 2017, 01:43:54 PM
 #27

Everyone likes free coins  Grin
Think about BCH and BTG fork
Maybe this will be a similiar pattern, but there is nothing absolute here.
Be ready  Grin
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October 29, 2017, 01:45:14 PM
 #28

Personally, I am holding 30% of my portfolio as BTC like all the time. But before this for, I increased the percentage to 50. It is up to you, but my suggestion is to divide your money to both BTC and alts.
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October 29, 2017, 01:57:02 PM
 #29

I don't know why people say alt coins are where you park your Bitcoin, or that altcoins should be temporary assets in ones portfolio.. if we are to build a robust crypto economy this attitude will not work. You should invest for long term to see good appreciation in value. Day trading and swing trading is different.
This fork if it happens will be different from the previous ones as both are competing for the top spot or the right to call themselves Bitcoin.. the blockchain with the maximum hashpower/miners could be called Bitcoin according to some exchanges..
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October 29, 2017, 02:48:09 PM
 #30

Way too early to leave alts and step into btc. Fork isn't until more then 2 weeks. A lot of profits to be made the nxt week.
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October 29, 2017, 02:49:36 PM
 #31

that might be a good idea but not for me because i wont do much on the bitcoin because the bitcoin has a high value and also i wont get a lot of profit from it. for me it is better to split it to another altcoin the minimize the loss of the coin but investing on the bitcoin was not a wrong decision it is  your own opinion if what strategy would you like to do


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October 29, 2017, 02:54:17 PM
 #32

When do u think make sense to convert alts into btc?  I mean how many days before the fork? One day or two days?
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October 29, 2017, 03:09:49 PM
 #33

a good chance when bitcoin goes up and we can buy thousands of altcoins instead of having to sell them.
and when the bitcoin starts to stabilize wait a while and you will benefit from altcoin that has increased.


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October 29, 2017, 03:14:52 PM
 #34

Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you

Everyone is doing a guess work when it comes prediction and it's not clear to make focus on. It is always a good plan buying altcoins and waiting for an increase in its price.
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October 29, 2017, 03:37:24 PM
 #35

I think price of bitcoin ,altercoin will keep fluctuating but buying altercoin and waiting for price rise is a good business idea.
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October 29, 2017, 04:05:38 PM
 #36

I normally look just for a weekly profit and withdraw at that point and then look to another coin most of these coins now days will fail anyway. Then I convert my earnings to Bitcoin
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October 29, 2017, 04:13:38 PM
 #37

Do you think it can be a good strategy waiting for 2x? Do you think it's better rebuy alts before the event or just after it? Thank you

Everyone is doing a guess work when it comes prediction and it's not clear to make focus on. It is always a good plan buying altcoins and waiting for an increase in its price.

that's a  good strategy buying while price was low then wait for some time before selling when the value went up, its better to understand how the business
works and knows where your investment being place, as long as you know how to deal with loses and you have time to wait then its still good to hold alts than sell it for btc right away.
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October 29, 2017, 04:18:24 PM
 #38

I think, i will sell altcoin for bitcoin start on November 1st. Then hold btc for several weeks. And start trading on december.

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October 29, 2017, 04:21:15 PM
 #39

I think you should be in BTC till December
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October 29, 2017, 04:58:39 PM
 #40

Yes, people are doing that and I think its a good idea because I heard that Bitcoin is getting forked which means there is going to be a new coin called Bitcoin gold and my friend told me that if someone have Bitcoins they are just giving away Bitcoin gold for free , That's the reason most of the people are selling away all the ALT coins.
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