Do I need to sell all alts?

[Nicoletan0831]

Study and research the technical analysis first. Don't base your trading/investment in emotions. Most of crypto investment failure is thru lack of experience and thru emotion. Market movement is based on technical and traders psychological pattern.

[Sofiyah]

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 also think that way. but don't sell your altcoin, the price is still very low. if you sell now you will lose. wait for the normal price again you just sell, don't sell now.

[DISCMAN]

there is always a risk. altcoins is a risk. but without risk nothing will happen. if we dont take this risks we will not succeed. you can hold on to those alts in time it will all pay off.

You are allowed to sell the altcoin because its your altcoin but you have to face the possibility of risk if you will be able to sell it because without risking you will not be succesfull at all.

[hendra12]

i think is depend on your choice and opinion. i think bitcoin can beat that price. but we need to calm and learn what coming next so we not take a risk so much and playing safe. if your choice is sell all coins its oke. but you need to read again what coming next in bitcoin.

[Pie_pew]

It's up to you and your trading strategy. Hodling is less profitable yet less risky, trading is more complicated

[Krtok]

Personally, my point of view is that one must necessarily sell, as long as there is an opportunity!

[khungcuaso11]

Bitcoin can rise 20k as it was.
But i will not sell all alts because any alts also will be rise.
We will waiting...

[srmecdes]

Completely no! calm down and stay your position. When bears go away bulls will be back hodl hodl hodl

[modtakels]

You dont need to sell your alts when btc will go bull run just invest in some solid coins like ethereum and neo for you to be sure that they wont be affected too much by the bulls.

[junjunsalsalani]

If the BTC will rises common people will think to sell the alts to get into btc's skyrocket but if it was me i will stick to the solid coins like ethereum and neo because btc's movements nowadays are very unpredictable.

[Kean1998]

If I were you , you must hold you're alts ..for the better.

[alkhie01]

It depends on the price of your alts,actually if you really believe that bitcoin will increase till 20,000$ its not a problem sell your alts when you get profit at the same time if the BTC is already up the value of your token will be the same.Don't sell your alts in very low price,it's not advisable.

[Bambinoe]

There's no need selling your altcoins because they also have potential for growth like BTC.

[asdalani]

Completely no! calm down and stay your position. When bears go away bulls will be back hodl hodl hodl

The prices of most coins are increasing fast, there was a bunch of people in here talking about the dump and was panic selling...Where they at?

[GeorgCoin]

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.

[gurunanakji777]

If you did proper research about the altcoins you hold then you don't need to sell you should trust on your analysis or if you depend on others for trading then you can consider your decision again. Its not easy to predict when bitcoin will reach 20K but we are positive it will again gain the bullish momentum in near future but can not give guarantee its the market nobody can say anything with 100% surety. It can move anywhere anytime. In my opinion keeping both altcoin and bitcoin would be good idea because I am expecting rise in both btc & altcoins and If you hold for long term then probability of profit is more.

[BurhanPSG]

And what about altcoin prices now, whether by selling all the altcoin you have will make you profit. now bitcoin prices are indeed decreasing, But you also have to estimate how much harm if sold all assets altcoin.

[Nanda Dewi277]

for now it's better you hold your altcoin because now altcoin is trying to crawl up and I am sure you will benefit from your patience

[Memenya]

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!!!!

Dont ever trade in cryptocurrency all in one.
I am not expert in trading but as i know we will increase the risk if we trade all in one. If you want to buy bitcoin, just sell a percentage of your altcoin but not all.

[Wyne]

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!!!!

In my opinion, bitcoin and altcoin has its own vital role in blockchain technology.  The two cryptocurrencies have the same concept of decentralization and volatility which  compliments to one another both directly and indirectly.  This is the reason why many investors chooses to invest both in bitcoin and altcoin.  

Unlike bitcoin currency which has a stable spot in the market and gain people's trust, the sprouting of different alt coins brings confusion to many people.  Some altcoins experience a significant surge in value and market capitalization while other altcoins were left behind.  

With this situation, you have to analyze first what altcoin do you hold and how does your altcoin gain confidence and accepted into market.  If your altcoin have a good roadmap, then, you do not need to convert into bitcoin but if your altcoin belongs to the left behind cryptos, then it is time to convert it into bitcoins.  

Those altcoin which gain and establish their name and being supported and used by the market  are good cryptos to hold because it also has a great potential like bitcoin.  You don't need to convert it into bitcoin.