Why do you sell Alts when Bitcoin goes down? Stop doing thatm

[dogtana]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

[demonic098]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

But tether never goes up I always put my funds on tether whenever tha trend becomes bearish.

[suburban123]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

A reliable cryptocurrency portfolio will significantly save the investor's funds if Bitcoin goes down and does not pull 100% of the market. Even if 10 currencies from thousands are kept afloat and they form part of the portfolio - the investor will benefit from all those who bought only Bitcoin.

[kuyaJ]

But sometimes, the token you have can decrease faster so you can loose money easily and also faster unlike bitcoin that you has a good future of money.  Don't be greedy for money because it is good to have more in a sure way than a good money easily but you are not sure of this.

[Panna1981]

Well, if you do it at the right time (stepping in and out) it actually makes you money.

[Arcoin1]

Bitcoin, which directs the crypto money world. All Altcoins lose value when Bitcoin falls. We sell it to lose more. Sellers are waiting to win.

[berrygood]

agree with you also it is very difficult to sell and buy altcoins according to this trend so you can even make loss by trying to catch from loss because of decreasing bitcoin.

[bryant.coleman]

This logic never works when the prices stay depressed for more than 6 months, like what is happening now. Those with a shortage of funds will be forced to sell their alts, at whatever prices available.

[Ausgewielt]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

No certain future for altcoins, there are only few altcoins that really good and use full.  Most of people are waiting to buy bitcoin at low price and sell it higher. The most important cryptocurrency is bitcoin so people are more like to buy bitcoin at low price rather than hold their funds in form of altcoins.

[Psynthax]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

But tether never goes up I always put my funds on tether whenever tha trend becomes bearish.

Saving up your funds in form of tether is a another thing though, by owning tether is the same as owning dollar because the currency itself backed by dollar in ratio of 1:1 so can't consider it "saved in alts"
Actually, converting alt to bitcoin is just the same thing, so many altcoins right now are tied to the price of btc always following whether it's pumped and dumped, so yeah, pretty much useless.

[sangtuosimino]

I still change my altcoin into bitcoin, although it makes sense, but holding altcoin for a long time is worthless, and in this market only bitcoin and ETH are recognized by everyone.

[Images21]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

They are doing this perhaps because they want to take the opportunity to buy Bitcoin with their altcoins while the price of Bitcoin is still very cheap. That is also my strategy sometimes. When a certain altcoin that I am hodling is already gaining while Bitcoin is losing, that means my altcoin can actually buy a bigger amount of Bitcoin. Sometimes, that is too tempting for me that I tend to jump from altcoin to Bitcoin, and vice versa if needed.

[3kpk3]

What are you going on about op? You cannot force investors to do what you want just because you don't like it. Investors can do whatever they want to with their money since they took the risk. This liquidity is good for the overall health of the market since you cannot always expect your portfolio to be in the green. Last year was different for cryptocurrencies and was a special year. Focus on your money instead of telling others what to do with their money.

[chanc3r]

You may think that by putting funds into Bitcoin will save you from faster fall of Alts, but when the trend turns, the Alts will also rise faster and more! So what younare doing is just paying a lot of fees for trades  .

They are doing this perhaps because they want to take the opportunity to buy Bitcoin with their altcoins while the price of Bitcoin is still very cheap. That is also my strategy sometimes. When a certain altcoin that I am hodling is already gaining while Bitcoin is losing, that means my altcoin can actually buy a bigger amount of Bitcoin. Sometimes, that is too tempting for me that I tend to jump from altcoin to Bitcoin, and vice versa if needed.

The main reason they are all feeling panic and they are feeling worried if their portfolio will go down a lot in the future. This has already happened in so many times about there was a lot of people are feeling panic and then exchange all of their altcoins to the bitcoin and then dump it as fast as possible.

[jhowww]

I agree with @3kpk3, not sure what OP is going on about. people have different strategies for trading, and you don't simply put your money into btc when it goes up or down, you put into consideration if you're selling your alts at a loss as well.

[Roomshambles]

It may be seen that altcoin will be difficult to develop and increase like bitcoin, whereas altcoin has more chances than bitcoin. Altcoin can increase up to many times for now, while bitcoin seems to have been difficult to increase the price even if only a few percent.
So I'm more convinced altcoin, so it will not sell my altcoin for bitcoin.

[dhmi]

Every decline has a rise. Try to be patient. sipping coffee, watch up ascent.  Everyone is panicking and selling. That's why they will always lose.

[Ereun]

Having bitcoin is very valuable even in small quantities because the price increase is unpredictable, And their goal is just to make a profit