Do I need to sell all alts?

[Zooplus]

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!!!!

We do not know what will happen in the future. But, I think do not sell all the altcoin you have for one coin, you need a strategy in investing. If you sell all altcoin and wait for BTC rising and what you get does not match your estimate, you will incur major losses. So, I think it's better to divide it into another coin 70% for BTC and 30% for other coins, but it all depends on you.

Like they say, never put your eggs one basket, it would be apply in crypto because diversifying your investing would minimize the risk.
The future is very unpredictable, so we never know what will take plan, the trend now might not happen in the future again.

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[Maya56674]

If i were you hold first your Alts do not decide it yet just wait for the price goes to 20k then it is the time you can decide if you will sell all your Alts to earn more Bitcoin.

[Mainman08]

I think it depends on the altcoins that you are holding. If the altcoin your holding is not good you can sell it all and buy bitcoin. But if your altcoin have so much potential yo be good keep holding them.

[jameshowlett]

I think it depends on the altcoins that you are holding. If the altcoin your holding is not good you can sell it all and buy bitcoin. But if your altcoin have so much potential yo be good keep holding them.

That is true. Holding a bad altcoin causes a lot of things. We have to determine which coins should be held and should not be held. Instead of holding a bad coins like that, we can make our own research in order to find out which coins are good for us and which are not. AS you can see, there are many good coins on the market cap such as ethereum or litecoin. Therefore, if you realize that your coins are bad, there is no point in holding anymore. You should sell it and buy other coins which are better

[Cryptopal2]

I think btc has hit 20K in December of 2017 but it's no good to sell all the alts and buy btc .most of the time , alts will follow the btc. I wish you haven't do that because the price has go down than the price when you are posting this

[erichall]

I think it depends on the altcoins that you are holding. If the altcoin your holding is not good you can sell it all and buy bitcoin. But if your altcoin have so much potential yo be good keep holding them.

Also depends on whether he bought it at a low price or a higher price. If he bought in early at a low price then it would probably be wise to hold and only sell a little bit, assuming that the market will go back up

[marksayson]

As of now the bitcoin price was still in bearish mode. It is best to sell all the altcoins now and purchase bitcoins in a cheap price. And just wait for the bitcoin price to recover and rise again. When the price of bitcoin goes dump, dont panic it will be back soon to its normal price.

[Arcoin1]

If you need the money, you have to sell everything. If you want to trade in the stock market, you can increase the number of shares by selling the half, waiting for half the time. You should be careful you can lose all of it.

[sofiasalmon]

I sell my alts month ago, than they go lower than upper than lower than upper... so I go party on this money and forget abount crypto))) idl crypto anymore

[CrimsonGT]

If you need the money, you have to sell everything. If you want to trade in the stock market, you can increase the number of shares by selling the half, waiting for half the time. You should be careful you can lose all of it.

I am totally agree with you. You need to develop your strategy and make your portfolio. If you sell something from it, be sure to buy back on dip to maintain your portfolio strategy.

[stevenpn]

I think the price of cryptocurrency will increase very well this year, and we need to focus in it to hold the coin and always be patience if we see the price is not right for us to sell it.

[kay90277]

I think the price of cryptocurrency will increase very well this year, and we need to focus in it to hold the coin and always be patience if we see the price is not right for us to sell it.

Question is not whether to hold - the question should be which coin or token to hold!

[michaelzagoskin]

I think it depends on the altcoins that you are holding. If the altcoin your holding is not good you can sell it all and buy bitcoin. But if your altcoin have so much potential yo be good keep holding them.

Always sell at least half, and the other spend on the acquisition of invaluable experience in the trade, retention and draining of coins.

[Slaxx]

You should never keep all of your investment in any one coin. No need to sell all your alt. Otherwise, you can lose everything.

[okeanis]

This is a bad idea because the price this year at BTC will be well below $ 20,000.  And it is better to hold coins.

[Jamalahmed]

If there is a good profit, then you can sell.I have a lot in the red so I do not sell.In the negative, do not sell

[CoinsAreMyLife]

This is a bad idea because the price this year at BTC will be well below $ 20,000.  And it is better to hold coins.

I totally agree with this. I also do not think BTC will reach 20.000 but will stay far below it.

I think some alt coins have a bigger change of increasing in value drastically. Eventhough lots of alt coins are paired to bitcoin valuewise.

You will have to picks coins you truly believe in and just hold.

[yrsat]

When such a difficult situation on the crypto market, the prices of crypto coins are constantly falling, the best solution is to keep calm. Each action of the investor should not be sudden, you need to constantly think, analyze, and not sell all the coins. This is the only way to save your capital.

[Neerce]

At this point, you just need to wait for the right moment. But as we see, it is not yet available. There was the most ideal option for sale this January, but we missed it.

[yeuskz999999]

Don't bet it all to one coin, leave atleast a backup coin or a long term alt coin that may rise up in the future. It's better to have a backup if something unexpected happens.