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Author Topic: Do I need to sell all alts?  (Read 10289 times)
markalis
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January 23, 2018, 04:01:44 AM
 #461

it seems like a lot of panic sell to see the recent market movement, just hold and you will see everything back to normal, global market is being corrected and that is good for cryptocurrency ecosystem

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January 23, 2018, 04:28:14 AM
 #462

If you ask me that price of alts coin is increasing and decreasing for some days so its a chance to be a too high incoming days. So just hold your coins.

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January 23, 2018, 04:32:41 AM
 #463

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!!!!


There possibility that bitcoin will hit to 20,000 USD this year and many speculation are telling that bitcoin goes rise and double its value again like happen on previews year. Converting all alt is good idea but for now it better to wait and monitor the progress of bitcoin price in the market cap before you sell all your alt.
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January 23, 2018, 05:09:48 AM
 #464

it depends on you. the most important is patient. you can hold your coins or you can sell all to buy Bitcoin. Both of the ways are ok.

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coynedterm
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January 25, 2018, 11:21:54 PM
 #465

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!!!!
No doubt that bitcoin will reach again at 20k$ once in future and also not only 20k  but also 100k because increasing demand are clearly saying what will happen with btc in future .
So now come at the matter of selling all of your altcoins , you just need to see that whether you are in the loss or not , if you are in loss then I don't think you need to sell all of your altcoins , only sell those which are profitable .
And don't think that you if you will have whole investment in altcoins then you will remain in profit or in all btc then you will remain in profit , but do your investment in every field ( i.e to have altcoins as well as bitcoin ) equally .

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Greenrace
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January 25, 2018, 11:29:01 PM
 #466

i also heard some information that btc will reach that price but i think alt-coin will also go up the price so holding a nice alt-coin like eth will also be very profitable and do not need to sell it

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January 25, 2018, 11:46:30 PM
 #467

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!!!!


You are not the only one to be confused. Now the whole market is looking at the graphs trying to figure out if BTC will go up or down, and if the alts will follow or not. Tomorros the data of Bitcoin futures will be released and we probably will have some answers.

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January 26, 2018, 10:56:53 AM
 #468

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!!!!

This kind of emotion is very dangerous in trading. Whenever you engage in trading, emotion should be disregarded. Never trade base on emotion. Things to consider is the fundamental and technical analysis. Study the macro and micro behavior of the market. Never rely on market hype and the most important is never become greedy.

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January 26, 2018, 06:35:35 PM
 #469

I do not even know what to say, I think that the altcoins have much more opportunities to rise than at bitcoin now.

In any case, I do not think that you need to take that risk and buy one thing, if you're so sure of bitcoin, then buy it for 70-80%, but it's worth to leave some altcoins in case something goes wrong as you planned.
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January 26, 2018, 11:50:15 PM
 #470

no.. the market is dumped now. let hold your altcoins now and wait. If you are not patient, you will lose very much. Do not worry, it is just a normal fluctuation.
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January 26, 2018, 11:59:50 PM
 #471

If you are interested to switch over to bitcoin than you may sell you Altcoins. But Altcoins also performing better.
I'm interested to switch over to bitcoin because altcoin are performing better  even the price is fluctuating it is normal to us. If you have much altcoins you better to hodl them than you sell it.

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January 27, 2018, 03:13:27 AM
 #472

my opinion even upside down with you, I think even bitcoin movement is very slow, altcoin movement faster than bitcoin, and also bitcoin very often experienced pending transactions

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January 27, 2018, 03:15:28 AM
 #473

Of course not, you should hold as long as you can if they are excellent projects, or you will regret to sell them.
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January 27, 2018, 04:03:31 AM
 #474

Do not run it is not bad time for all alt coins some are doing well, it depends on quality of your coins if these are weak than exchange it otherwise keep them and wait for blooming because every fall has a rise too.

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January 27, 2018, 04:09:47 AM
 #475

Do not run it is not bad time for all alt coins some are doing well, it depends on quality of your coins if these are weak than exchange it otherwise keep them and wait for blooming because every fall has a rise too.

Yes, not every coin can do well. There are always a few wobbles in a big pot of porridge,and all we need is a careful analysis of each coin's market, the selection of good quality coins,and no future coins sold, it depends on your investment vision and their own analysis.
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January 27, 2018, 04:39:36 AM
 #476

If the alt bleeds just hold them or you will lose a lot,if its bull run go with the flow.

You are correct better hold than to suffer losses.
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January 27, 2018, 04:49:38 AM
 #477

in my opinion should not all altcoin to sell, select altcoin which has no potential for sale (convert to bitcoin). hold altcoins that have good potential in the short term.









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January 27, 2018, 04:49:47 AM
 #478

If you have the gut feeling that your altcoins are not going to survive, then do it. But I should tell you, you should consider if the ICO is really worth investing. If the alt coin really have a potential in growing. Then I suggest you should keep the coins that matter. Do not be afraid to take risks.

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January 28, 2018, 06:45:36 AM
 #479

Alts are not made to sell that quickly.  Grin I beleive alts should be bought cheaper and leave them for atleast 6months to 12months. You will definitely have great profit.
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January 28, 2018, 07:01:36 AM
 #480

This is one problem with crypto in general. You have people new to investing combined with somewhat unrealistic expectations. If all investments rose 10x within a year we'd all be rich (but then there'd be crazy inflation, but that's a different discussion).

If you can get a return over 10% you're doing OK. Could you have made more money elsewhere? Sure. But there's a difference between losing money and not making as much as you could have.

A safe investor won't keep all of their money in one crypto. In fact, they won't invest all their money in crypto. Sure, some people had overnight success because they did. But good portfolios are diversified so you have good performances to offset losses. Imagine that someone finds a better cheaper way of handing these ledgers and transactions that doesn't involve blockchain at all. Overnight, all crypto could crash. It could literally be worthless.

Hope for the best, plan for the worst.
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