Sell all alts for Bitcoin while it's down?

[gabmen]

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?

For me i would not sell all my altcoins that i am holding. I will just leave it all in my portfolio even if all of them are down. Buying bitcoin now is expensive even the value is going down. And it won't last long , all altcoins and bitcoin will be back on track again and all their value will go up again.

And it isn't really sensible to sell when the market is crashing. Only those who are new and inexperienced  traders would make that mistake. If you can't buy, then hold. Especially when its like that that both btc and alts are all down.

[michellee]

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?

For me i would not sell all my altcoins that i am holding. I will just leave it all in my portfolio even if all of them are down. Buying bitcoin now is expensive even the value is going down. And it won't last long , all altcoins and bitcoin will be back on track again and all their value will go up again.

because if we sell our altcoin, we cannot make any profit at all and our money will not grow too and it is better to stay in our wallet until the price is back increase again. the price will not stay at bottom price forever and I am sure soon the price will increase and in that time, we can sell our altcoin to make a profit. just be patient and everything will be back normal and handle our emotion when we see the price in the exchange.

[veraoktav127]

I think to sell bitcoin is not good now because we will lose if buy time with higher price, but if we have airdrop coins I think it's okay to sell it now before it burns

[HashieNewb]

I think to sell bitcoin is not good now because we will lose if buy time with higher price, but if we have airdrop coins I think it's okay to sell it now before it burns

It is not good to sell Bitcoin for small money.
Holding the coin is what is going to make the holder money.

[niisarearning]

I will not sell for the loss If i found atleast 2x profit in bitcoin investment will sell otherwise there is no meaning of trading coins . Now just the market correction hapening like china ban after bitcoin raised upto 10X . So i will hold all my tokens and altcoins .

[imunk]

Yeah It's really going down really fast in this month, maybe it's will rise again in next month so while not buying while it down, hope it will raising rough I invest so much When it's the lowest down yesterday.

[newbie-hero]

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?

For me i would not sell all my altcoins that i am holding. I will just leave it all in my portfolio even if all of them are down. Buying bitcoin now is expensive even the value is going down. And it won't last long , all altcoins and bitcoin will be back on track again and all their value will go up again.

I think this is not the best idea. I do understand that it is not easy to stop yourself from selling your crypto when you see the coins start to fall, but holding and waiting here will be the best policy. As for me I stopped to panic and wait for the alts and BTC growth.

[romecheo]

If you sell you Alts coin/token while everything was going down, that may result a big losses.

No matter how many dip it may occur or how long it may due, once you HODL, the amount are still the same even the price was going down.

How many times, I committed the same mistake, I lost almost half of my investment. But now I HODL as long as I can, because I learned from my previous experienced. 

[chromium jedi]

i think time to sell is when the rally is start ant no sign that it will stop or consolidation movement
is we can sell at that moment, the next thing is try to buy again at lower price
both of that activity is too hard to achieved
it need experience and more information

[Ridwan Fauzi]

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?

Up to you. But you have to really consider it. Bitcoin is good place for an investment, in a few moments you will get pretty much a profit if you buy with condition price go down. But keep in mind altcoin is good too for an investment. And the strategy for investment in altcoin is very good for choose long term investment but depending on the coin you have today.

[Stanlymaker]

As someone here already wrote, if you are confident in your crypto portfolio, you need to wait, and after a while prices are normalized.

[anasso]

i don't suggest you to buy bitcoin because it have not big potential to grow (x2 or x3)

altcoins have potential to make x5, x10, x50 or even x100 if you can find the hidden gems.

[sanlakgun041988]

My personal opinion is not to sell all alts for bitcoin during it becomes down. because still you have a risk after changing to bitcoins. so i suggest to sell portion of alts for bitcoins while it's down rather than selling all alts.

[ngacengan]

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?

if you are stuck in altcoin then the price goes down and bitcoin increases in price then you should keep altcoin you do not sell it better if you have the capital again then buy again altcoin down it because it is an opportunity to buy when the price is cheap. if you buy bitcoin then you will be stuck in bitcoin too.

[Sir Cross]

That's a mistake most have done and it's the complete opposite of what one must do. In order to profit, you should buy LOW and sell HIGH and not the other way around. Apparently, some have been pressured whenever the price goes down and feel the need to sell because they fear of losing. When the price goes up, people buy because of FOMO or having the fear of missing out, which shouldn't be the case. You should buy when the price dips then sell when it goes up. Although BTC has gone down, you should have also used the opportunity to buy when the alts had gone significantly done at the same time.

[Tim2412]

I have a principle - dont sell in minus, thats why I am holding  all my coins,  however if you have free eth or btc you it is a good time to by coins with discount))))

[Jack.Doe333]

I did that. I think it's a good idea, what do you think?

[ukw]

Depends what alts you have in the wallet.
But I prefer to invest in new Bitcoins and keep the alts that I have.
Or at least some of them.

[michellee]

Depends what alts you have in the wallet.
But I prefer to invest in new Bitcoins and keep the alts that I have.
Or at least some of them.

but I think it is better to still hold the altcoin until it is increase so we can sell to take a profit. because we are only take a loss if we sell the altcoin when it's down and I think we don't want to take a loss, right? there will be a time for us to have more bitcoin from our profit for selling the altcoin and patience is the best thing that we could do right now. once the altcoin price increase back, then we can take a big profit because when the altcoin increase, it will increase more than just 10%.

[yacare]

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