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Author Topic: Swap bitcoin to alts  (Read 1237 times)
AAlex48
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May 05, 2018, 08:23:30 AM
 #141


Bitcoin rally  today is huge and it must end at some point.

Now I want to swap part of bitcoins into alts with only one goal  - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?
I would not sell bitokoyn completely.It is necessary to proceed from the amount of resources you have.I would do it: 20% bitcoin, in the long-term, given its support and emissions, is a very valuable asset.20% of the ether is also not bad.Further 40% in the top 20 cmc.The remaining 20% scattered on the bottom.But this is my personal opinion.
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May 06, 2018, 11:28:31 AM
 #142


Bitcoin rally  today is huge and it must end at some point.

Now I want to swap part of bitcoins into alts with only one goal  - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?




I think it is good not to focus on one cryptocurrency, instead you can divide your investments into different coins and let them grow. If one fails, there's another one you can make money or give profits to you. Altcoins is another way to invest again in crypto market which I actually did these past few months. I gained lots of profits investing not only in bitcoin but in altcoins too especially in ETH, which is really good as an alternative to bitcoin. ETH has a potential growth in crypto market as being the best altcoin which has profitability and sustainability.

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May 13, 2018, 03:55:44 AM
 #143


Bitcoin rally  today is huge and it must end at some point.

Now I want to swap part of bitcoins into alts with only one goal  - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?

If you look carefully alts are also rising recently, some of them with much larger gains than bitcoin, so although what you are saying is common, is not what is happening right now. If you look to coinmarketcap, almost every coin is on green, and this has been happening for the last 2 or 3 days. Given this, I don't really know in what alt you should try to invest because we might see a correction on every coin, and not just bitcoin. I wouldn't do anything right now if I were you.

Normally either bitcoin is moving up or altcoins are in positive direction but not both.  Last few days are especial  in a way that both bitcoins and altcoins are moving up. i didn't see this trend before. Maybe it is due to year end where all the coins close at a high each year. Last year we say bitcoin reach 1000$ which was all time high at that time.
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May 13, 2018, 04:21:24 AM
 #144

Normally either bitcoin is moving up or altcoins are in positive direction but not both.  Last few days are especial  in a way that both bitcoins and altcoins are moving up. i didn't see this trend before. Maybe it is due to year end where all the coins close at a high each year. Last year we say bitcoin reach 1000$ which was all time high at that time.

In the spring of 2017, too, everything grew, Bitcoin and Altcoins. It is difficult to predict what will happen next. In the last days bitcoin falls, altcoins grow. Therefore, it is better never to sell all bitcoin in your portfolio. Diversification of risks should always be.

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May 13, 2018, 04:29:36 AM
 #145


Bitcoin rally  today is huge and it must end at some point.

Now I want to swap part of bitcoins into alts with only one goal  - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?

From what I have noticed, the alts go up only when the Bitcoin also moves up. But the difference is that the swing will be more extreme for the alts. For example, if BTC goes up by 10%, then the average alt will go up by 30%. The reverse is also true. If Bitcoin drops by 10%, then the alts will also go down by 30%.

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May 13, 2018, 05:15:37 AM
 #146

It is advantageous to do this when bitcoin falls in price, and now it's somehow not the time. But this is your money for you to decide what to do with them. Of course, you can not keep everything in one coin.
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May 13, 2018, 05:29:49 AM
 #147

It is advantageous to do this when bitcoin falls in price, and now it's somehow not the time. But this is your money for you to decide what to do with them. Of course, you can not keep everything in one coin.

Both bitcoin and altcoins are profitable, they are in one market and once people know about bitcoin they will also know about altcoins.
Just manage your funds effectively and as much as possible you have to learn how to diversify.

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May 13, 2018, 06:17:00 AM
 #148

Tried and I will say that while it is better to keep in bitcoins, if there is no vein and flair. And so you can play the markets and earn good money on alternative crypto! Cool
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May 13, 2018, 06:30:31 AM
 #149

I have always believed in the value of Bitcoin. After a sharp drop, Bitcoin has gradually recovered. I believe the price of Bitcoin will fluctuate continuously but the value always tends to increase.
If you have Bitcoin, you should keep and wait for high prices to exchange profits. There is a lot of potential Altcoin to invest in but it is far less stable than Bitcoin. Bitcoin should not be changed to Atlcoin. I have balanced my investment in the electronic money market, 60% Bitcoin and 40% Atlcoin.
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May 13, 2018, 06:30:52 AM
 #150

I have everything in altcoins, the main part in Ethereum, bitcoin is expensive and long, on altcoins it turns out to earn in a short time
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May 13, 2018, 06:35:41 AM
 #151

it seems you are taking a bigger risk by switching your bitcoin to altcoin, I think you are speculating without thinking about the risks,
you should re-think that you do not regret later,
because I think bitcoin investment is similar to investment in altcoin but bitcoin investment has a relatively small risk compared to investing in altcoin
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May 13, 2018, 06:37:07 AM
 #152

This is an interesting idea, but I would doubt, that bitcoin will end..because the demand is rising day by day, nothing signs about the end
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May 13, 2018, 06:38:20 AM
 #153

It wont happen that Bitcoin will lose its value, it tackles lots of challenges but still standing in the top. Better to do is hold it might reach 10$k in this year or the upcoming years.
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May 13, 2018, 07:29:39 AM
 #154

Nowadays cryptocurrency market is an unpredictable market! Thus, you can do it, but do not exchange all of your Bitcoin to altcoins. The reason is sometimes Bitcoin is safer to hold. Its price is rising rapidly enough for profit without having any altcoins. But following the reducing risk regulations, I think you should swap some.
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May 13, 2018, 07:32:09 AM
 #155

I think the only way to make this strategy successfully work would be to take greater risks than you have by holding Bitcoin would be to take positions in upcoming ICO coins that have a chance to launch at 10 times prices. ZIL and WAN both managed this recently

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May 13, 2018, 07:40:31 AM
 #156

convert my bitcoin to altcoin is my next plan but I think I still analyze each coin in the market to find the profitable coin and maybe I will choose ethereum to convert my bitcoin. but for now, I think it is better to stick with bitcoin because bitcoin will increase later and I think the time will come soon and I hope it will happen in the next weeks. the altcoin still increases and decrease and only a strong altcoin that could get up following bitcoin increase and I don't want to risk my money for buying too many altcoins.

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May 18, 2018, 03:37:58 AM
 #157

I think getting some altcoins is not a bad idea. But also keep some BTC. The hold the btc and trade with altcoins, or even hold those.
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May 18, 2018, 03:46:28 AM
 #158

Depending on how you apply trading. If you love trading daily, then the bitcoin indeed is not the right coins. Because of the bitcoin is an asset, for long-term investments. So should play in altcoin only if you want daily trading. But still hodl bitcoin as deposits in the future.
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May 18, 2018, 04:04:26 AM
 #159

Bitcoin is more secure and secure. However, if you switch to accompaniment for short-term benefits, you have to take more risks because the quality of the project is not measured and determined.
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May 18, 2018, 04:10:41 AM
 #160

Personally, I think, Holding your bitcoin would be the best thing to do now because BTC prices get more speed. Prices will fall mix with any or news on the market. When the price drops, you can sell your bitcoin and wait until the bottom. So I clean you do not swap but HOLD these two coins. They are strong coins and have great potential for long-term investments.

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