Do I need to sell all alts?

[otunayode]

Selling in this type of market condition is very dicey and risky! You may sell and there will be a serious upturn of event and you may hold and lose even more in dollar terms. I think the best approach in my experience is to hold to lose after all you shouldn't be investing an amount you can not afford to lose!

[rjsmith]

I think not. This is very crucial time for cryptocurrenty. This time is holding time. Wait for good time of crypto.

[Elgrown]

If you are interested to switch over to bitcoin than you may sell you Altcoins.

[hritevanz]

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!!!!

The bitcoin price almost reached $20,000 before the end of the year 2017 and then the month of January, a biggest downfall happened and it seems that it is not yet done. If you are doubting and all your negativity thoughts was triggered then I'll advice you that you should start watching the latest news about bitcoin and the other thoughts and advice of some experts and financial analysts.

[Sarcasm]

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!!!!

The bitcoin price almost reached $20,000 before the end of the year 2017 and then the month of January, a biggest downfall happened and it seems that it is not yet done. If you are doubting and all your negativity thoughts was triggered then I'll advice you that you should start watching the latest news about bitcoin and the other thoughts and advice of some experts and financial analysts.

indeed bitcoin this time the drop is very drastic,
up to $ 6000, and that certainly makes this investor a difficult situation

[Boybugwal760820]

Yes I will probably sell all my altcoins that I have bought during the period when all of those altcoins that I bought are in their lowest value in the market... so probably I'm gonna sell them right away if they increase their market value and as long as I have enough profits from those altcoins that I've bought I will probably sell them right away even if their market value is still rising. Small profit and big profit is all the same to me rather than miss the chance of selling them when their value is high and then wait for a very long time if when their market value will rise up again so you could sell them on a profitable market value.

[xumit]

Buy a good amount. Just wait and watch the rise of money

[mineworker]

It depends on your trading strategy. If you think the altcoins have potential and plan to hold for the long term, there is no point to sell if the price dip. You never know when the altcoins are rising again.

There isn't any trading strategy that allows you to sell your coins, if you do it so, is because you are a lil coward who do not even want to see a -10% of his investment.

[hansbans]

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 believe that bitcoin have a really great potential to reach a price which is more than 20k, but I don't think that it will happen in a near future. Selling your altcoins and investing in bitcoin can be a good way, but don't forget that, you can also get really incredible profits by trading with altcoins. The choice is your, you should do your research and make your decision. Good luck!

[lero34]

This is not necessary, unless of course you do not need money urgently. If you want to really make a lot of money on this, then you need to keep at least another year.

[Vart4varta]

It all depends on how much you have in your currency
It is worthwhile to focus on the reference points - growth and fall
"Golden Law" - sell, when the rate is maximum, sell - with a minimum
If you have 100 bitcoins mi 250 etherium and you have nothing to eat, then definitely trade. But give a small part. The fact is that most users look at bitcoin as something great, created by the great technologically advanced minds of the world of the essential.

[meldrio1]

Just sell your alts if you having profit one of them but if not just keep holding, you don't need to wait bitcoin to increase some altcoins are not relying on bitcoin so keep monitoring one of your altcoins daily maybe one of them is increasing.

[laluna24]

This is a win win situation and you have really think seriously in which are profitable coins. Some altcoins has a good future that can give twice profit or more. Might as well save your altcoins and hold on to your bitcoin. Btc could go higher maybe this coming months.

[Neo.Prometheus]

I think that you need to wait. Do not withdraw money. The alts will still climb up and the price will rise. It is becoming more popular. And the ups and downs will always be.

[dominasikoin]

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!!!!

Yes i think BTC is going to reach 20k, but not so soon,
i think maybe it's in 2019 or 2020.
But you don't have to sell all alts and wait for BTC.
you can still keep and hodl your alts, and invest more BTC.
don't be confused, that's the art as a trader, you just need to check the market.

[nata777]

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 you just have to wait. Although the fall is still possible, it is very difficult to predict

[Achilesban]

So far I know if you think that altcoin has potential and can last for a long time right because lately, it seems the majority of altcoins are really active, you do not have to worry about what a bitcoin does.

[crypto_Butterfly]

Never sell your coins when the markets are red, Everything in crypto is temporary, so for sure you will earn nice profits once the green take over the red.

[cexylikepie]

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 you just have to wait. Although the fall is still possible, it is very difficult to predict

According to my analyze, the Bitcoin will reach $15,000 in the next time. Because the Bitcoin price must to complete this target to recovery its bullish trend before the harvest time of financial market happen. Q2 is an unknown exact trending time of any financial market and in the last year, the cryptocurrency market had a mega bullish trend for altcoin.

[mavipapagan]

I don’t think it is a good time for selling your coins. If you can wait just two weeks you will earn much more than lots of coin will rise at the end of this month. And it would be great if you can add them more before their rising.