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Author Topic: Do you approve this strategy: sell alts buy btc?  (Read 2872 times)
jayyen
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May 28, 2018, 08:06:48 AM
 #21

Holding altcoins is sometimes very profitable as compared to bitcoin.Bitcoin is the altimate coin and everyone wants to own some but sometimes altcoins start increasing in value whiles bitcoin depreciates or  become stagnant.
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May 28, 2018, 08:15:39 AM
 #22

Sell bitcoins and invest in alts Cheesy
i'd say keep both but not more than 1/3 in btc

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May 28, 2018, 08:39:03 AM
 #23

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

You should have a portfolio, with the weight of Bitcoin amongst your crypto assets high, if you have a low risk tolerance. Altcoins may have higher potential gains, but they can drop quickly too. In the equity world, it is only the highly adventurous who look at penny stocks. The same goes for crypto investors who venture outside the top 100.


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May 28, 2018, 08:41:58 AM
 #24

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 would not recommend investing in just one crypto currency. Undoubtedly, bitcoin now leads the market, but this does not mean that you can ignore the rest of the crypto currency. To date, we can see a large number of promising coins, in which it is worth investing. Therefore, I share the investment and choose several worthy projects.

Investment is always an individual decision, Market is Volatile, Putting ALL investment in one project is not a good idea, anything happened in the crypto market trading, the price value of one coin can drop its price without noticed, as it maybe a reaction from the volume of investment in the trading market. i would put in some investment in other ALT COINS but not all together in one project coin investment.

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May 28, 2018, 08:52:38 AM
 #25

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 would not recommend investing in just one crypto currency. Undoubtedly, bitcoin now leads the market, but this does not mean that you can ignore the rest of the crypto currency. To date, we can see a large number of promising coins, in which it is worth investing. Therefore, I share the investment and choose several worthy projects.

Every investor have a general principle to follow applied in the trading market, Putting all investment in one crypto currency coin project is not accepted or not my style of strategy for investment, anything can happened in every trading market at any given time, if you've invested all in one such project it will be a great gamble, you may gain a huge amount for such profits, but if the price value of such coin drops, you will be losing all of your investment. So, it is not a good idea to put in all your investment in one project.

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May 28, 2018, 08:54:08 AM
 #26

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

You should have a portfolio, with the weight of Bitcoin amongst your crypto assets high, if you have a low risk tolerance. Altcoins may have higher potential gains, but they can drop quickly too. In the equity world, it is only the highly adventurous who look at penny stocks. The same goes for crypto investors who venture outside the top 100.
Saving altcoin provides a variation of investment for you and may give you a big advantage, yeah you're right but the risk will certainly be much bigger, seeing the price of altcoin can go down very deep, so I think if you are able to accept that risk you can invest in other than bitcoi,  if you can not accept a big risk better invest in bitcoin alone

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May 28, 2018, 09:51:17 AM
 #27

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
Doing this or following this strategy without timing is tantamount to gambling. We know that Bitcoin, in most cases, determines the movement of altcoins. The altcoins go down whenever bitcoin is down and vice versa. So how do you sell falling altcoins to buy falling bitcoin or a rising one? Except the seller is ready to take a loss.

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May 28, 2018, 10:11:25 AM
 #28

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
For me it depends upon the situation.If the price of alts hits in the market then I will sell my alts and buy bitcoins and save and hold. If the alts I have has high potential in the market I will still hold it and wait for the right time to sell.

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May 28, 2018, 10:16:48 AM
 #29

While it is lucrative to invest on BTC, investing on other alt coins is also a smart move to do. Diversifying your portfolio picks up the slack of the investments that is slow to rise. Then again, investing on alt coins is really risky. Alot of these coins wouldn't survive the end of the year. So it is also smart to research the investment you are going in to.

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May 28, 2018, 10:22:34 AM
 #30

We have different strategies on how to make more profit with our investments, some says it will be wise to diversify why others prefer to stick to one. Well its risky to put all your money in one basket however if that particular coin is btc then I think it depends on the investor itself on how he truly believe in the features and purpose of it since btc is the first crypto and has many supporters, early investors earn huge for hodling their coins in the long period thus if you think the history can repeat in the future then follow their recomendation.

Nevertheless I prefer to have many coins in my crypto-portfolio so I wont stick to btc if I can see potential to altcoins.

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May 28, 2018, 10:36:30 AM
 #31

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
For me it depends upon the situation.If the price of alts hits in the market then I will sell my alts and buy bitcoins and save and hold. If the alts I have has high potential in the market I will still hold it and wait for the right time to sell.

In my opinion, what you are saying is the same since if your alts hit in the market, you will be selling them but that also means that you bought it or maybe invested in it right? If that is the case why not just buy Bitcoin directly if that is what you are doing because in your case there will be a time that your alt will also go down and you will lose your investment or profit by buying it.

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May 28, 2018, 10:37:00 AM
 #32

Well it depends ,Sometimes I sell my Bitcoin to buy some alts to gain some profit,
I would sell my Bitcoin once it starts dumping then buy some alt-coin to gain some BTC from it.


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May 28, 2018, 10:38:20 AM
 #33

Accept the fact that altcoins are more of pump and dump and is producing profit for the day traders. I don't care if he's a pioneer in blockchain on Wall St.
Some will have an uplift eyebrows for just investing in bitcoin, you have your own strategy and the guy isn't forcing you to invest to bitcoin only. But as a long term holder bitcoin has been always reliable in terms of profit and growth for years.



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May 28, 2018, 11:05:16 AM
 #34

Accept the fact that altcoins are more of pump and dump and is producing profit for the day traders. I don't care if he's a pioneer in blockchain on Wall St.
Some will have an uplift eyebrows for just investing in bitcoin, you have your own strategy and the guy isn't forcing you to invest to bitcoin only. But as a long term holder bitcoin has been always reliable in terms of profit and growth for years.

Nowadays more coin release in the market place. So choose the best coin. Then invest. Bitcoin is king of all coin. So it any time to down and increase the price. So check the market price then get the all coin price information. then invest. It change the most of the people life. It time to acct. So time to sell and buy the coin. It any time to increase the price. If price will be increase then sell on time. It good future growth. Now most of the people wait for the price down. This right time to buy and hold the coin. Market place is help to gather more information of the all coin price list. So easy to choose the best coin and invest. It change the people life style. If price will be low buy and price will be increase sell on time. If buy the coin follow the market price then sell. Market place is help to get the coin price information for buy and sell.

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May 28, 2018, 11:27:08 AM
 #35

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

For me it's depend, i mean if the altcoin that i purchase have a potential to grow its value in the future i want to hold it, but if it's not i sold it and buy bitcoin as my investment, but the best way is diversify our investment exp. we have 10 kinds of altcoin, so when one altcoin drop its value you have 9 that can sustained our earning but make sure you have top 10 altcoin that you invested in.

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May 28, 2018, 12:00:03 PM
 #36

do not sell all alt you have, save some alt and buy bitcoin. basically alt is used to complete bitcoin, indeed we can be rich and successful if investing in bitcoin, but it takes a long time, comes its alt to make us able to wait bitcoin price up and make investment or trading with altcoin. remember, do not pull all your eggs in one basket if you want to earn more profit.
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May 28, 2018, 01:02:29 PM
 #37

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 prefer to hold some altcoins than to sell it and exchange in bitcoin. We can earn a lot when we will buy altcoins specially to the new existing one. As much as possible, we should not put one coin in a bucket because that is too much risky. Whether we would like it or not; we must diversify our portfolio.
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May 28, 2018, 01:07:34 PM
 #38

I never want to invest on any of altcoins by selling my bitcoins because I knows that bitcoin has more potential than any other coins so it will give more benefits in future if we hold until,if you invest on altcoins you can invest the amount from profits of your bitcoin.
Do you read the articles?and do you read the OP?seems like your on the other planet huh?

Op says "would you sell all your altcoins just to buy bitcoin"

If my altcoins comes even closer to my target price why not,for sure i will buy bitcoin because this coin is worth holding that all the altcoin in this cryptocurrency

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May 28, 2018, 01:13:12 PM
 #39

for me the strategy of buying and selling bitcoin in the way that we use to make a lot of profit, by buying low prices and selling higher prices, so we will get many benefits.

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May 28, 2018, 02:07:23 PM
 #40

It depends on the market value for me sell altcoins to buy btc is not really good because the value of btc is really high so if you sell the altcoins you have to aware of the market price.So if the price of btc is high  the value of the altcoins is getting lower.So you have to make a strategy on when is the best time to buy btc at his lower price.

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