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Author Topic: Do I need to sell all alts?  (Read 10289 times)
ProfitIsland
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January 07, 2018, 02:56:28 PM
 #201

Don't confuse yourself just relax and hold your altcoins and wait to raise up the value when the time raise up that is the time to sell it but not all maybe 75% and 25% just keep it.
For my opinion the best situation is:
50% - altcoins
25% - BTC
25% - $
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 07, 2018, 03:00:05 PM
 #202

Good day,
 Do you think that BTC is going to reach 20k soon?
 If yes do I need to sell all alts and wait for rising BTC?
 What to do now ? I am confused!!!!
I think that now will be the growth of different altcoins in turn, with general corrections on all coins.

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January 07, 2018, 03:01:13 PM
 #203

I think it is also a wise choice. Bitcoin BTC will rise up to 20000$ again. But, you just should invest in BTC amount of your money. With the rest, you can choose some potential altcoins to invest in long term.
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January 07, 2018, 03:21:16 PM
 #204

Try to know your altcoins first. If your altcoins are ready for dumping, sell them all. If your altcoins have potentials to be on a high price, try to wait more time. Every move that you will do will have risks. If you sell all of your altcoins and transfer to bitcoin, and your altcoins that you sold have a higher price, you will regret that you sell it on a lower price. And if you hold your altcoins and it loses its price, you will still regret it. I think the better way is to analyze your altcoins' behavior and try to sell some and hold some so that you can say that even you lose you still have some profit.

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January 07, 2018, 08:16:47 PM
 #205

You can sell only those coins which have already brought you a profit. Even if it's a small profit. And never sell coins with a loss. It's better just wait a few days or weeks and the price will go up for sure.



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January 12, 2018, 09:43:43 PM
 #206

I think it is also a wise choice. Bitcoin BTC will rise up to 20000$ again. But, you just should invest in BTC amount of your money. With the rest, you can choose some potential altcoins to invest in long term.

The bitcoin in any case I think will rise. Only here I expect very good growth from the Ethereum. The coming transition this year from PoW to PoS

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January 12, 2018, 09:47:37 PM
 #207

Best thing is to invest in altcoins, as each altcoin blows up you sell a little off of that allcoin that has blown up and then use some money to take home for your daily needs and then some to reinvest in a new altcoin or altcoin ICO that has potential to grow and then keep rinsing and repeating this formula, until one day you have a huge portfolio and long term savings then also you can take bigger wage packets home eventually.


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Goodween
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January 12, 2018, 09:56:00 PM
 #208

I think now not the best time to sell altcoins, but of course it depends about wich altcoin we are talking about. If you mean coin from top 20 of coinmarketcap, then nope dont sell it, however if you mean noname coins we actually don't know what to do with it.
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January 12, 2018, 10:03:09 PM
 #209

I believe you bought the altcoins to make profit, so if you believe you have made enough profit and you want to dump, then why not. It is your choice.

Meanwhile, if you have ethereum, you can sell off to buy litecoin or hold ethereum and also buy litecoin. The coin will start rising soon.
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January 12, 2018, 10:07:00 PM
 #210

Keep the altcoins you believe in, and just try to get profit with the pump and dump meme coins and such.
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January 12, 2018, 10:17:06 PM
 #211

hold to your alts, the bulls will return to the market and you will be able to retire early
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January 14, 2018, 05:00:27 PM
 #212

hold to your alts, the bulls will return to the market and you will be able to retire early

Yes, I agree. Now this is a temporary drawdown. I think that soon the situation will change and the whole market will go up. I have the most all in drawdown now. But still in profit.

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January 16, 2018, 10:20:06 AM
 #213

Keep some altcoins for sure. I think that it's just a beggining of them.) Getting the correct alt can make much more money than waiting for btc to go 20k.
Just look how it's slowly implementing in all spheres in our lives. Like for example, yesterday Ive read the article that one team is planning to reform educational system into blockchain platform http://news.ifmo.ru/en/education/trend/news/7195/
. And it's sounds amazing that we can see this moment.
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January 16, 2018, 11:28:28 AM
 #214

it depends on which altcoins you are currently holding and right now might be the best time to invest in the bitcoin since the price is decreasing. Or much better to dump those coins you think that would not gonna have a big impact in the crypto market. Always look at the brighter side  Grin
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January 16, 2018, 11:41:27 AM
 #215

If you gain profit from that altcoin you can sell it while bitcoin price is very low the hold your bitcoin until price goes up. But if you believe in the altcoins you are holding and you think its price will double or triple better hold it. We can't really predict the price of cryptocurrencies so to play safe like what I am doing 20-30% gain I exit.
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January 16, 2018, 11:44:45 AM
 #216

you just have to pay it because the bigger you are losing when you sell it because you're just losing your money so you just hold that you hold
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January 16, 2018, 11:48:27 AM
 #217

Good day,
 Do you think that BTC is going to reach 20k soon?
 If yes do I need to sell all alts and wait for rising BTC?
 What to do now ? I am confused!!!!

I think investing in altcoin is more profitable, for example PRL from price is only $ 0.06 now to $ 3, therefore I personally prefer to invest in altcoin.
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January 16, 2018, 11:48:38 AM
 #218

Good day,
 Do you think that BTC is going to reach 20k soon?
 If yes do I need to sell all alts and wait for rising BTC?
 What to do now ? I am confused!!!!

I think that BTC well hit beyond 20k mark soon.  Just incase you really are afraid to take risk or you want to have security, just decide to divide your alts then sell the 50% and hold the other 50% and wait until it is really profitable to trade it already. And make sure to put your heads up for the possible outcome in the near future.

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January 16, 2018, 11:57:04 AM
 #219

I doubt about the issue which told that the price of BTC will raise to $20k. My plan is just investing in one altcoin. Just wait and wish it price will raise sometimes because the price of altcoin are cheaper and may have a chance to raise higher.
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January 16, 2018, 12:30:57 PM
 #220

It does not make sense to sell all alts, but if you can, you can buy more BTC.
I think we'll soon see a jump on the Bitcoin.

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