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Author Topic: Time To Sell Alts For Bitcoin?  (Read 778 times)
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December 06, 2017, 12:50:58 PM
 #21

The only thing that will push me to sell my alts when it will give me a 10% profit gain as a daily trader i need to dispose my alts for a short period of time.
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December 06, 2017, 12:56:36 PM
 #22

you should never talk about altcoins in general. which altcoin? not all of them are dropping or rising at the same time. you can see even now that bitcoin price is rising to the moon, there are still altcoins that are getting pumped real nice. and there are also altcoins that get dumped just because bitcoin is rising up.

instead of thinking generally, try and think more specific. choose altcoins which have potential, altcoins that are on the rise. for instance there are times when a random news comes out about some altcoin (like changing name!!!) and it leads to their pump. that is when you buy them.

and of course you always have the bulk of your investment in bitcoin since it is the only long term investment worth having.

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December 06, 2017, 12:57:54 PM
 #23

Some alt is currently at the pump and here's a good time if you want to sell it for bitcoin. But if the price is still dump and still very cheap, I better hold and maybe pump next year.

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December 06, 2017, 01:21:37 PM
 #24

Quote
It is bad time to sell your altcoin for bitcoin. The nearest fork will be probably in may 2018, but i am not sure
You kidding me? The nearest Bitcoin forks will be in this month December There are coming 4 new hardforks such as Super Bitcoin, Bitcoin Platinum, Lightning Bitcoin and Bitcoin Cash Plus

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December 06, 2017, 01:32:22 PM
 #25

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It is bad time to sell your altcoin for bitcoin. The nearest fork will be probably in may 2018, but i am not sure
You kidding me? The nearest Bitcoin forks will be in this month December There are coming 4 new hardforks such as Super Bitcoin, Bitcoin Platinum, Lightning Bitcoin and Bitcoin Cash Plus
That means a lot of the free bucks to the bitcoin holders. but what will be happening if all of these forks will worth nothing in the future? interested to see about how the market reaction to all of these fork coin for sure.
My guess the price will be less.



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aldrin6697
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December 06, 2017, 01:32:59 PM
 #26

if you think the altcoin already made its peak price then sell and buy bitcoin, bitcoin is the safest of all investments but it cant guarantee  great interest. If you want to invest and have great profit then invest with other altcoins if you want but it also come with a risk of loss. For long term investments choose bitcoin a surely have a strong results after years.

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December 06, 2017, 01:34:20 PM
 #27

Personnaly i'm going to do the contrary. The Bitcoin value is too much up to the trend line, I think (and it remains my opinion), that the value is going to correct a bit.
I bought back some altcoins recently. Those one that are strong enough to remain stable when BTC pump and to pump when BTC crash.
Let's see what happens

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December 06, 2017, 01:36:18 PM
 #28

I think if you are going to sell your altcoins for your bitcoins, you will just lose a lot of profit. It is still better if you are going to hold your altcoins for a long-term.

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December 06, 2017, 02:45:16 PM
 #29

hold altcoin for a while and will sell it later at a high price. now is not a good moment to sell altcoin. If I sell it now will lose 50%  Cry

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December 06, 2017, 02:57:09 PM
 #30

For sure it is. Almost all altcoins prices falling down now, holding bitcoins now it's the best idea. I think in several years price will be for 40k of usd, hovewer i can be wrong.

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December 06, 2017, 03:01:23 PM
 #31

It all depends on what alts you are holding and if you can get in some multipliers before cashing out. I am watching three coins that are turning bullish right now and are ahead of BTC in my portfolio. Everything else is red, so am hoping that those three coins will surpass the Bitcoin surge and do a home run for me. Ocourse time will tell how these three alts will perform so am holding them solidly for now as they are so early in their development phases and it would be a crime to sell them right now. I am looking to lock in at least a x 5 or x 10 multiplier from them before cashing out some to Bitcoin.

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December 06, 2017, 03:05:12 PM
 #32

I think it is a little too late to do that. The price of bitcoin is very high in my opinion and there is no much recover in the past few weeks. I think it is better to wait for its falling.

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December 06, 2017, 03:47:23 PM
 #33

CME listing seems to be making bitcoins value go up almost almost as if its a fork coming up. How many of you are selling all alt coins at the moment for bitcoin?
I didn't sold my alt coins for bitcoin what I did is I sold some of my alts for my needs.  Grin But if you think that you had to catch up the CME listing and it's look on hype now, get your bitcoins now but if you had enough bitcoin already and you just hold it for future use just keep on holding it and it will be better if you'll add some more by selling your alts since having bitcoin is the most effective way of earning in crypto.

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December 06, 2017, 04:06:52 PM
 #34

CME listing seems to be making bitcoins value go up almost almost as if its a fork coming up. How many of you are selling all alt coins at the moment for bitcoin?

I dont think that anyone should drop your altcoins right now. The most are just really down and I think they will go up soon.

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December 06, 2017, 05:36:29 PM
 #35

In my opinion, there are many many investors willing to sell their altcoin to buy Bitcoin. There are 3 hard folks in December and this seem make them crazy sell.

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December 06, 2017, 05:57:48 PM
 #36

CME listing seems to be making bitcoins value go up almost almost as if its a fork coming up. How many of you are selling all alt coins at the moment for bitcoin?
I think you should not be too hopeful of bitcoin as long as your altcoin still has potential then increase it even if you believe in your altcoin. indeed bitcoin is the safest and profitable investment is very large but of course altcoin also has enough value in increasing its price

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December 06, 2017, 05:59:40 PM
 #37

CME listing seems to be making bitcoins value go up almost almost as if its a fork coming up. How many of you are selling all alt coins at the moment for bitcoin?
bitcoin is indeed the best but i still hold altcoin like ETH, waves and monero.
and I think altcoin is still good to invest.

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December 06, 2017, 06:04:42 PM
 #38

CME listing seems to be making bitcoins value go up almost almost as if its a fork coming up. How many of you are selling all alt coins at the moment for bitcoin?

I dont think that anyone should drop your altcoins right now. The most are just really down and I think they will go up soon.

I already thought several times about selling all the alternative coins and storing only bitcoin. But I do not want to sell myself at a loss. Only this is holding me back. I regret that I bought some altcoins

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December 07, 2017, 02:23:48 AM
 #39

In my opinion about alt and btc. Bitcoin is surely a good investment because of its increasing price but it is not a guarantee that it will keep on increasing and will not drop down by the end of the year.So inorder to offset this risk, invest in altcoin, because when bitcoin price will decrease, most probably altcoin price will price.

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December 07, 2017, 02:30:06 AM
 #40

Pretty late for that but who knows anything is possible with bitcoin.

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