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Author Topic: Sell all alts for Bitcoin while it's down?  (Read 900 times)
altcoinhunter01
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January 17, 2018, 03:21:13 PM
 #61

Your idea is sound as now satoshi value is very low and if we sell our altcoins now to convert it in btc and when bitcoin start rising, we get more value of satoshi and then many altcoins dropped.

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January 17, 2018, 03:23:50 PM
 #62

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?

Selling alts for bitcoin.... what is the benefit?
Lets say you have 100k xCoins and you will sale @ 1 sats each.. Total you will get BTC0.001 even in the btc dip or even at the btc peak. isn't it?
Whatever the situation is, ultimately you will get that much btc for as much alts you hodl according to the price.

But if you want to put fiat for btc now than it would be right action to do it, if I am not wrong.

Here I'm talking about two different markets, BTC and USD.

I have 100s of altcoins, but I don't understand how it can beneficial of selling alts for btc. Please teach me! I would like to take advantage of the dip.
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January 17, 2018, 03:28:16 PM
 #63

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?

why u must should it when it down? just hold it for a mounth. this market will be normal and maybe get better. if u sell it now, no benefit for you.

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January 17, 2018, 03:35:31 PM
 #64

Of course, this should be done at the very beginning of our journey, but now it's probably too late now for those who have not managed to do anything, we just need to move away from monitors and just enjoy life. because otherwise there is a risk that you can simply lose your deposit
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January 17, 2018, 03:53:51 PM
 #65

Wise thing would be, hold all your coins you have and invest and buy bitcoins. This is the time to buy not only bitcoins but also other top altcoins. When 5hey are cheap crap them. Current situation may be worst,  but this is making a way to gain more profits. All the best.



























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January 17, 2018, 04:09:06 PM
 #66

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 think this is why the market price is falling, everyone is freaking out selling their altcoin so that it affects market prices and all markets are down, so I suggest not to panic about selling your altcoin because its risk is very bad for other coin market.
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January 18, 2018, 02:29:08 AM
 #67

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 think this is why the market price is falling, everyone is freaking out selling their altcoin so that it affects market prices and all markets are down, so I suggest not to panic about selling your altcoin because its risk is very bad for other coin market.

this will trigger altcoin to go deeper without any chance to back increase but fortunately, today I see the altcoin trying to increase again after yesterday is the red candle. and besides that, bitcoin price giving good progress to increase and now we are trying to reach higher than yesterday. I hope the bitcoin price will still increase and the altcoin will follow to increase too.

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January 18, 2018, 02:33:39 AM
 #68

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?

Yes this is the right time to buy bitcoin but selling alts is optional you can choose your alts that has a small potential and keep the others. that has a big possibilities to get profits.

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January 18, 2018, 02:36:37 AM
 #69

Hodl.
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January 18, 2018, 02:46:11 AM
 #70

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?

By looking for the price, I think btc is good for investing at the current rate. All of the altcoins movement are depending from btc's price, so this will be good.

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January 18, 2018, 03:05:35 AM
 #71

In my opinion it is no a good idea if you sell all your altcoin while the price is down, the best way you can take is holding until the price back to normal again. But if still get the profit whenever you sell altcoin, i think it is a good deal

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January 18, 2018, 03:46:04 AM
 #72

If you know the trade game of crypto, then it's not a bad idea since the price of Bitcoin went down. I suggest to not go all out with your alts. Save a little bit more so you can have something to go back to. Once bitcoin's price go back to normal, you can exchange again for more alts. That's what other traders do when it comes to price drops of bitcoin.

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January 18, 2018, 04:06:54 AM
 #73

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?
You should hold your btc,but buy some cheap alts if you bought yesterday you probably +50% of as of now.

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January 18, 2018, 04:11:10 AM
 #74

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?
Yes all down right now. But the right timing to sell your alt when the bitcoin rise (because all altcoins rise too) keep it and when bitcoin price down hurry to buy it. But for me the price of bitcoin still expensive better invest in eth that we still can reach the price. If you sell altcoin when the price down and direct buying bitcoin you will get profit loss. Better hold, sell when high, hold the cash, when the price down buy the btc.

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January 18, 2018, 04:14:28 AM
 #75

Nice idea so do you have enough money to buy bitcoin but i don't prefer to buy all my alts just to buy bitcoins. Investing in a diverse method is i think the best way to earn more profit. In fact, i used bitcoin to buy my prospect coin and all is well. Smiley

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January 18, 2018, 04:16:46 AM
 #76

I think it's wise to sell altcoin now but maybe not all because we do not know also the future price of coins will rise again

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January 18, 2018, 05:45:40 AM
 #77

I think thats a nice strategy sell all my alts to buy bitcoin. By this, your asurance for profit is base on the price of btc if. When the price of btc increasing again as the price btc last november to december 2017 you may sell your btc for the huge profit or you can hold it if you are not convinced with the price..

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January 18, 2018, 09:04:44 PM
 #78

Thanks for all the replies... I asked because I currently own NO Bitcoin but have thousands in good alts.. (DRGN.. CAPP.. SUB.. GVT.. UTK.. TIO.. ETN.. EOS TRX etc..Tho I think BTC will rise heaps this year but so will my alts.... Dont have much fiat to buy BTC. Smiley
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January 18, 2018, 09:14:06 PM
 #79

No, I am not going  to sell all my altcoins to buy bitcoins because the coins i am holding now are of good potential. I think that market will rise soon and will generate me a good profit. Just don't take any silly decision in hurry, wait and think and then take your next step wisely.
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January 18, 2018, 09:21:46 PM
 #80

That's what people do right now,that's why altcoin market in such bloodbath.You have to predict the right timing to jump to the sell wagon,if you're late,you will lose your money if you sell it.Many people miss the chance to sell,they're either sell in the red or keep holding and wait the storm to pass.So,in the future,always look for the right time to sell when everything going grim and buyback later when the price is in the bottom.
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