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Author Topic: Do I need to sell all alts?  (Read 10290 times)
sean.maley
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January 05, 2018, 12:38:28 PM
 #81

Nobody will give you perfect answer. Why do you ask other people what to do?
Better if you have your own strategy, cause in the future you will have great experience and more confidence in your actions.

Good point. Nobody actually knows what will happen next. If they knew they wouldn't spend so much time here but just do the trading.

I think it should be purely your choice without taking anybody's view. If there will be a mistake, let it be yours.

soulripper
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January 05, 2018, 12:41:49 PM
 #82

in here we cannot suggest the best answer for you but you can get the point in here. if you think bitcoin are worth enough to make alone profit then go ahead. but if you selling all altcoins you have. if some altcoins are bubbling again.the you might miss the train. the choice is in your hand.
madushanperis11
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January 05, 2018, 12:47:51 PM
 #83

First thing is to figure out why you invested on ALTs. If you just did that without considering the trends, market variation and other analysis, I think you should transfer back to BTC and wait. You should have some targets when you invest on ALTs and once you meet those targets you should sell them.

The main thing is, make a plan of you own and stick to that. Do not get confused by sudden market variations which can make your money vanishes in seconds.
Trixie28
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January 05, 2018, 12:48:35 PM
 #84

I suggested on you do not sell all your altcoins.You may check it if they have potentials on the markets.But in trading it always 50 -50 sure or risky.Choose the right path decisions
barlo357
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January 05, 2018, 12:49:03 PM
 #85

Try to hold it and then monitor the exchange so that you are aware what's happening then if the value continue to go down that's the time you will decide weather you sell it or you keep it. You are here to earn money.

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January 05, 2018, 12:54:41 PM
 #86

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 should consider what was the price when you bought the alts and what is your target when you bought it. There's a lot of cases where people selling their alts and planning to buy back later only to be left behind when the alt broke resistance and become more and more expensive each days. My entry price is way lower than the price right now so I'm still comfortable even if bitcoin rise.

Naoko
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January 05, 2018, 01:23:58 PM
 #87

you need to look at the trend and try to predict what can happen next...with each altcoin different things can happen...therefore your decision should depend on your forecasts
AgatioX
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January 05, 2018, 01:34:27 PM
 #88

Yeah sell your altcoins to me please)

Kidding.Stop reacting on any bitcoin sneeze.I even doubt that this grouth is real atm.
We have to fall not to rise right now.
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January 05, 2018, 04:26:49 PM
 #89

I don't think you should sell all altcoin to switch to bitcoin, as it seems that the progress of the crypto will improve quite well this year, and it might be better to invest in both because either bitcoin or altcoin have a chance to continue growing and growing this year.

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cL0uD
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January 05, 2018, 04:33:03 PM
 #90

I think you need to buy alts as much as you can, lots of people say btc is useless and I don't think it will continue pumping in 2018.
izanagi narukami
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January 05, 2018, 04:34:38 PM
 #91

I don't think you should sell all altcoin to switch to bitcoin, as it seems that the progress of the crypto will improve quite well this year, and it might be better to invest in both because either bitcoin or altcoin have a chance to continue growing and growing this year.

IMO, between altcoin and bitcoin , they are similiar which mean that if bitcoin is uptrend than altcoin will go downtrend by adjusting bitcoin value except altcoin market still stable and increase when bitcoin is on uptrend position  , for example like Doge reach another highest value at the moment but for me personally, I still choose to hold it !

Smiley
vkwame30
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January 05, 2018, 04:36:22 PM
 #92

No dont do it. Dont put all your eggs in one basket. Diversification is the key in crypto world.
Sniper150
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January 05, 2018, 04:44:04 PM
 #93

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!!!!

All I wanna say to you is put on hold if you have both of them. Don't sell if you don't need it. If you wanna ask someone too? They are all want to say for you is to hold you btc and alts, these two are both powerful. If these two currencies will going to rise in the market then, I may say you'll become rich soon.
tarlok01
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January 05, 2018, 05:02:31 PM
 #94

I think you should hold the valuable altcoins which may have good value in the future and sell all other altcoins if you think that they will not gonna survive in this competitive world. Just do all this trading wisely and take some advice from experts as they know everything about crypto.
judaspriest
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January 05, 2018, 05:09:44 PM
 #95

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 guess what you are going to do is a gamble. and you should know with all the risks you will receive at any time. yes you must have knowledge and always try for its analysis.

gamer_2088
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January 05, 2018, 05:15:31 PM
 #96

I think most importantly patience. Altcoins will rise, it makes sense to keep them. Bitcoin I bought on the correction. The main thing is not to make rash decisions. Good luck.

xIIImaL
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January 05, 2018, 05:17:38 PM
 #97

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!!!!

All I wanna say to you is put on hold if you have both of them. Don't sell if you don't need it. If you wanna ask someone too? They are all want to say for you is to hold you btc and alts, these two are both powerful. If these two currencies will going to rise in the market then, I may say you'll become rich soon.

What two coins are good dude. For the person you have quoted does not mentioned anything like he want to sell the two crypto currencies still you have said that means you first here seems confused one.
If you are holding the altcoins next to litecoin you will loose all the funds if you are holding the funds for long time. Always holders choice would be bitcoin and ethereum only all others are not suggesting one for anyone.
n0ne
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January 05, 2018, 05:22:37 PM
 #98

Not really, because ethereum is predicted to grow big in value. Based on that I have an thinking that altcoins that were based on ethereum platform too will grow to some extent. Better is to keep hold of the assets which provides a bigger profit studying the market moves for a specific time period.

Zandar
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January 05, 2018, 05:36:44 PM
 #99

When BTC starts to rise too fast, the alt coins BTC worth gets sliced and sliced even while they are holding their dollar worth. So it's best to dump all alt coins during this period and buy them back for less BTC when the rise has stopped. But nobody really knows how high the rise will keep on going when it takes off too fast. Could be days but it could be even just hours. So either you keep your alt coins and their BTC worth gets sliced in sometimes even half, or you sell and buy more of them later on back with the same capital.
onecall123
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January 05, 2018, 05:42:39 PM
 #100

This is what every newbie did everytime and finally miss the decent profit. Patience always pay off so HODL if you deal with good project.  I made many mistakes mostly selling for small profits and later watching thousands slip away.

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DICE
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