Sell all alts for Bitcoin while it's down?

[Muruga]

I do not think that it's a good idea to sell all the Altcoins and buy Bitcoin. Nobody knows where the Bitcoin will go to.
Maybe upward, but it can fall. January 26 expires the CME futures options term, so big players will pull Bitcoin in their favor.
And the price of altcoins is tied mainly to the BTC. I believe that until January 26, the Bitcoin price will fluctuate
between 10,000 USD and 12,000 USD. Then BTC growth should follow.
And all the other altcoins will follow bitcoin. Crypto-currencies global capitalization should reach 1 trillion US dollars this year.

[_noname_]

Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it

Good decision, as friend told that its not necessary to sell all altcoins but i want to tell you its not wise decision to sell your all altcoins and buy bitcoins i will decide you to invest your money in different coins in place of only one coins and that will be given best result to you always while also you need to identify some better coins, not good to take any coin whose have no value in market.

[bayudndy]

sell if it far from u buy it, and buyback hold let it profit. If my opinion like that idk if someone have some good strategy .

[mobomofo]

Bitcoin is slow, transaction fees are too high and the devs are always in disagreement about its direction...personally I moved out of bitcoin last year at a profit and am not going back in, ETH and EOS are the future. Could BTC hit 100k this year sure - market growth should be to around 5 Trillion by 2019 which means the top 50 should each see a 10x increase, but I believe this is where we see others gain more % over time.. Bitcoin had 80% dominance in 2016, 60% dominance in 2017, and is down to 34% already this year...its time is passing.

Personally Id wait for the correction and get out what I had in it and move to something else. Remeber you wont realize a loss unless you sell for a loss. Bitcoin will bounce back, but i wouldnt stay in past that.

[zanezane]

Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it

Since bitcoin now is hitting again the bottom many are thinking to buy which is a good move to profit good but selling all your alts just to buy some especially if you have those promising one is really absurd. Just sell some of it and not all especially eth ( if you hold it ) as the price is increasing slowly but doing a great job. Another FUD again so expect bitcoin to be in dip.

[JohnMacZeppelin]

I do not think that this is a good way out of the situation, because your altcoins also decreased in price relative to bitcoin, So I think when the correction process started I think you should just wait, if you certainly did not have time to do anything, but in general it is better to fix your deposit in USDT

[dominasikoin]

I do not think that it's a good idea to sell all the Altcoins and buy Bitcoin. Nobody knows where the Bitcoin will go to.
Maybe upward, but it can fall. January 26 expires the CME futures options term, so big players will pull Bitcoin in their favor.
And the price of altcoins is tied mainly to the BTC. I believe that until January 26, the Bitcoin price will fluctuate
between 10,000 USD and 12,000 USD. Then BTC growth should follow.
And all the other altcoins will follow bitcoin. Crypto-currencies global capitalization should reach 1 trillion US dollars this year.

It's the opposite, it's time to buy not to sell all the altcoins and Bitcoin you have.
It's true that nobody knows what will happen to Bitcoin in the future, but i still believe that the  price will rise slowly, this is the right time to buy altcoins and Bitcoin, you have to invest more.

[yokai21]

yes I'm doing it really is selling my altcoins for bitcoin while bitcoin price is low today because when bitcoin price rises over so much money I earn and that's a good strategy to earn bitcoin.

[Greenrace]

if you sell alt-coin or bitcoin when the price falls and buy it when it rises then you will lose and it is not an investment destination, it's better to wait or sell some of it

[fazerockzx]

You don't really need to sell your alts, just put another investment to bitcoin. Still depends on the alts that you invest in whether if you sell it that you'll get profit from it. And yes it is a good time to buy bitcoin now while it is down, you don't wanna miss the chance of that.

[adikanwae]

My suggestion is just hold the coin even the price is going down. I think the price will come back to normal sooner, just keep calm and hoping for the price to raise again.

[Seeker#9]

If you are holding a potential altcoin or some top ten coin then it can be use for long term hodl because its price will sure to rise again after few weeks. Be sure you bought it at lower price so you can benefit from it when it price go up again. If you have no time for trading then still the best option is hodling if you have the patience to wait. Some price of the altcoins are up while bitcoin price is going down, time to make profits then buy again at lower price.

[ice098]

Of course it isnt necessary to sell the altcoins if they are good coins, it is better to buy on the contrary so far the market in a similar trend, and bitcoin needs to be bought too. the market will go up later, it is necessary to be ready to it

For me don't sell your altcoin because there are still have value and have potential to get profit, if you can afford to buy bitcoin without any selling altcoin then buy. Or if you have extra income to get maybe you can use it to buy bitcoin rather than selling your altcoin.

[ccsang]

I never sell my alts because I believed that all of them have potential to earn more profit in the future , It's a shopping time while bitcoin and whole market price is down

[jerry0]

Wouldnt it make sense to sell it for usdt instead?

[qiman]

I believe in the projects I have invested in and they still have a lot of promise and upside and some will provide me with the passive income to semi retire from once they get going and grow bigger, so No I will NOT be selling right now any altcons for Bitcoin but if I have spare cash, I sometimes buy a little bitcoin with that, after I have seen my monthly living expenses are all covered and paid for. I am going long on some of my altcoin positions right now.

[ZainSpider]

I believe in the projects I have invested in and they still have a lot of promise and upside and some will provide me with the passive income to semi retire from once they get going and grow bigger, so No I will NOT be selling right now any altcons for Bitcoin but if I have spare cash, I sometimes buy a little bitcoin with that, after I have seen my monthly living expenses are all covered and paid for. I am going long on some of my altcoin positions right now.

Can you tell me which altcoins you are holding and what is your strategy for them?

[Bitkoyns]

I never sell my alts because I believed that all of them have potential to earn more profit in the future , It's a shopping time while bitcoin and whole market price is down

but i think that you can earn more if you sell it to bitcoin because when the price of alt raise the bitcoin will raise also , and you can earn more comparing bitcoin vs the alt you hold , the bitcoin price is fast moving so when it rise expect that you will earn more unlike when the price of alt raise it is limited to its low value  unless you will hold for a long time.

[uylvlprx]

I know everything is down right now.. especially Bitcoin.. Should we sell our alts for Btc and rebuy when it rises again or is it much for muchness?

I do not recommend selling. Maintain confidence in Bitcoin. After its price will break the record. All you have to do is keep bitcoin. I believe it will not let you down in the future.

[shams]

By doing this you are assuming that the rise in the bitcoin price will be able to generate enough profits for your loss in altcoins. Most altcoins are connected to bitcoins in one way or the other, so a decrease in the bitcoin price will definitely have an effect on the altcoin prices, and since altcoins are priced lower than bitcoins, the rise of bitcoin will generate more profits for investments in altcoins than bitcoins in most cases.