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Author Topic: Do you approve this strategy: sell alts buy btc?  (Read 2872 times)
Viendong6158
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August 23, 2018, 05:21:26 PM
 #1061

No, I adhere to the strategy that I need to have both bitcoin and altcoin in my crypto portfolio. Bitcoin is a long-term and reliable investment for me. Similarly, any altcoin can achieve this result, who knows Smiley Smiley
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August 23, 2018, 05:32:13 PM
 #1062

I wont sell my all altcoins,will kept those who have acquired top  value in market ,but i will sell other as bitcoin have more potential and more steadier rate than altcoins ,yes,altcoins can make you earn a great amount if you sell them at right time but bitcoin is still more stable . 

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August 23, 2018, 05:37:21 PM
 #1063

It could be good decisions but i do think it depends on how market are. When market concentration are in bitcoin it would be good to buy bitcoin and sell your alts but it would be different when bitcoin down and alts is increasing, if it happen it would be best to buy coins in top 100 cause mostly people will buy famous coins and it will have better chance to increase than other coins below top 100.

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August 23, 2018, 05:45:28 PM
 #1064

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
It is not recommended i guess its a matter of our choice,altcoins were more cheap compared to bitcoins.If you see some potential coins and has big possibilities to boom in the market then probably better hodl your altcoins rather than selling it to buy bitcoins.
On the other hand bitcoin has never failed us,its consistency in the market remains to be the toughest cryptocurrency of all time and i think that it is also advisable to own bitcoins,but you need to find your way to  buy bitcoins,but not selling potential coins.

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August 23, 2018, 07:19:54 PM
 #1065

No, I adhere to the strategy that I need to have both bitcoin and altcoin in my crypto portfolio. Bitcoin is a long-term and reliable investment for me. Similarly, any altcoin can achieve this result, who knows Smiley Smiley
Yes, actually this is the strategy what im doing right now, and its actually worth it (for me only, i dont think if its worth it to others). I just wait to he price of altcoins to increase and then i will sell to have enough money to buy bitcoin at lower price.

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August 23, 2018, 07:27:54 PM
 #1066

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
It is depends upon the users if they want to sell alt and buy bitcoin . all we know that bitcoin is still the number one coin .
Yeah it is all about the users but mate I think everyone should know that when to buy and when to sell  as wrong time buying and wrong time selling can make our profit get lost, I think bitcoin is the best coin to buy, because it has more demand than any other coin specially in crypto currency bitcoin is the mother of all other coin, I think it is best time for all of us to celebrate and get benefit.

   

 
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SkvorNyc777
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August 23, 2018, 09:30:33 PM
 #1067

I think that that strategy can only be applied for certain periods of exact current market situation. There are periods of total altcoin domination...

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August 23, 2018, 09:40:39 PM
 #1068

I agree with this statement considering that now BTC and ALTC are experiencing a bear market, and that we can use it to make profits by buying as much bitcoin as possible, this would be very profitable if we could sell it later when the price skyrocketed

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August 23, 2018, 10:06:37 PM
 #1069

If you think that it is a good move for your investment then continue the work ,who knows that strategy will be good enough for your investment , you are the one who run your investment ,try to test because it might go good then it will be good for other investors also.
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August 23, 2018, 10:12:08 PM
 #1070

I approve.
The fact is 99% of the time when people sell alts, they already buy btc because that's the way we have right now with alt/btc pairs.
It is profitable and I find that when I don't care about how much USD I get, I still end up earning more bitcoin with the strategy which will be a good thing in long term.
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August 23, 2018, 10:36:49 PM
 #1071

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

No, I don't think it is  good idea. We all know that when bitcoin increase most of the alts will also be drag up. Maybe the best thing to do is to sell the alts with less potential and keep the best alts you think will make a huge recovery.

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August 23, 2018, 11:28:59 PM
 #1072

Every people here are different strategy. Some people will sell their alts and buy bitcoin. But some people goes the other way. For me sell some bitcoin and buy alts. Because there are many altcoins that have so much potential in the future.

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August 23, 2018, 11:36:22 PM
 #1073

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
I believe that it is also better to hold some alts, but i think is more better if we will hold more bitcoin because bitcoin price can really grow more among the rest and i think holding bitcoin can make us more profitable this year of 2018.

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August 24, 2018, 01:30:13 AM
 #1074

For me selling alts to buy bitcoin is not a good decision. If you are looking for more safer investment then you need to alot the amount of your investment in different coins for you not to have loss a large amount.
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August 24, 2018, 01:44:29 AM
 #1075

Berpikir lah secara sehat jangan terlalu terburu buru mengambilnya tindakan..jika saat ini agan ada sedikit keraguan lebih bijaknya mebahan diri.bisa beralih ke lain hal misalnya mencari projek baru sambil menunggu keadaan yg belum begitu mengikat.

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August 24, 2018, 02:22:55 AM
 #1076

Selling altcoins and buying btc, that's what I do if I have an altcoin, I will invest my money in coin btc, because coin btc is very good potential and the king of all digital coins is BTC, but not 100% of all my money will invested in BTC, only 50% of all my money and more for my needs in the real world.
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August 24, 2018, 02:56:35 AM
 #1077

Yes, I would definitely sell my coins and then buy bitcoin. I would love to have btc of my own, and that is what I wanna do if I would have enough to buy btc.
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August 24, 2018, 04:53:03 AM
 #1078

Yes, I would definitely sell my coins and then buy bitcoin. I would love to have btc of my own, and that is what I wanna do if I would have enough to buy btc.

Selling your coins today is not profitable because the price of bitcoins is very high and that is the reason why the best option today is just hold your coins right now to avoid losing your investments.

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August 24, 2018, 05:37:46 AM
 #1079

In my opinion, I would do the opposite. I will sell Bitcoin and invest in Altcoin. It takes a lot of Altcoin to get Bitcoin. Bitcoin's rate of increase over the period is not as expected.
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