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Author Topic: Do you approve this strategy: sell alts buy btc?  (Read 3301 times)
forbesmining
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June 04, 2018, 11:24:33 AM
 #261

I do the similar thing but instead of bitcoin I preffer to buy Ethereum. Do bounty, earn alts, exchange them to Ethereum!

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Elexsis
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June 05, 2018, 03:19:36 AM
 #262

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.
Well i think about that also we cannot actually sell our bitcoins in order to buy altcoins, as we all know bitcoin has more potential than other coins. If we hold more in bitcoin right now maybe in the near future it gives more benefits than other altcoins.
randyg29
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June 05, 2018, 04:20:30 AM
 #263

Yes of course! But I prefer to transfer it in Ethereum in this moment because I think it is more stable than bitcoin as I see last year even bitcoin reached the highest amount of price in the market. Ethereum still has the stable price right now and most of all my altcoins are getting price down that's why I sell them and put it in Ethereum to make some stable profit.

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June 05, 2018, 04:36:47 AM
 #264

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
Of course, selling their altoquines to invest all their funds in bitcoin is not worth it. Bitcoin is now going through not the best of his time. While it has a price tag for all the coins and tokens, it's worth investing in it. However, he has already lost his popularity and is inferior in terms of functional qualities to many types of crypto-currency. Investing in it is becoming more risky. Now more attention must be given to the altcoyins.

Kodok Bencot
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June 05, 2018, 05:27:38 AM
 #265

I think this is a strategy that is not quite right, we more easily get profit thousands of dollars per day with 1000 altcoin than with 1 btc, this is what makes us have to believe with altcoin.
Cinemo
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June 05, 2018, 06:02:12 AM
 #266

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
Yes I accept that concert of strategy. Cause in my own experience ive done it many times. Cause bitcoin is always be the best for me. Alt coins are just alternative not forever.but bitcoin is the real cryptocurrency and the blockchain technology is aiming that bitcoin good. I think that bitcoin will rise up again.
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June 05, 2018, 07:34:15 AM
 #267

If bitcoin prices decrease and altcoin prices rise, I will accept the strategy to sell the bitcoin to buy the bitcoin in the market today, the price of bitcoin is in the range of 7000-8000 dollars / bitcoin at such price. You can buy them without much hesitation
andriw
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June 05, 2018, 08:27:10 AM
 #268

but strangely is when the price of BTC down, Altcoin prices also come down
when the strategy is to sell Altcoin and buy BTC, I think it depends on market conditions
sell when the market is maximal bullish
Yunbalo
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June 05, 2018, 08:46:56 AM
 #269

If bitcoin prices decrease and altcoin prices rise, I will accept the strategy to sell the bitcoin to buy the bitcoin in the market today, the price of bitcoin is in the range of 7000-8000 dollars / bitcoin at such price. You can buy them without much hesitation
In my opinion, should buy BTC at under $ 8000 is most reasonable, now the market will not increase as strong as the previous time they increased slightly and almost reduced more, in my opinion it is difficult to increase the BTC up to $ 10000 . So just buy under $ 8000 at this price we are hoping to make a profit from the hold.
raven7886
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June 05, 2018, 09:01:02 AM
 #270

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 think that this should not be done. Bitcoin has already reached high values in the price and every twofold increase will be accompanied by new scandals and shocks. Investing in bitcoin will be further problematic and rather risky. Although it is possible that he can still make a good profit. However, for this amount it is better to buy cheap altcoyins, which sometimes grow in price in tens and hundreds of times. It will be a more secure and peaceful investment of its funds.
The problem with a lot of newbie is that because they felt they have missed the bitcoin train and the value has increased hugely, it will never increase again and in that case, they just invest in any low coin that they see as long as it gives them quantity, hoping that one day what happens to bitcoin will happen to those coins even if they are shitty.

Alts at least for now even when they increase hugely hardly do not last and they are basically more like a pump and dump market except for just very few that still hold up in a way. A good strategy not to hold on to alts for so long.
julzcoinbit
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June 05, 2018, 09:27:26 AM
 #271

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 think that this should not be done. Bitcoin has already reached high values in the price and every twofold increase will be accompanied by new scandals and shocks. Investing in bitcoin will be further problematic and rather risky. Although it is possible that he can still make a good profit. However, for this amount it is better to buy cheap altcoyins, which sometimes grow in price in tens and hundreds of times. It will be a more secure and peaceful investment of its funds.
The problem with a lot of newbie is that because they felt they have missed the bitcoin train and the value has increased hugely, it will never increase again and in that case, they just invest in any low coin that they see as long as it gives them quantity, hoping that one day what happens to bitcoin will happen to those coins even if they are shitty.

Alts at least for now even when they increase hugely hardly do not last and they are basically more like a pump and dump market except for just very few that still hold up in a way. A good strategy not to hold on to alts for so long.

Most of the alts are really not be trusted In terms of long term Investment. If we are looking for a better outcome,  of course we choose bitcoin because Its proven effective that has a capability to make you earn an expectable Income by the time It will arouse Its market value. All we gonna just hold and don't too emotional by those fraud surrounds.
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June 05, 2018, 10:30:16 AM
 #272

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

In my point of view, I honestly believe in bitcoin rather than altcoins. When I have altcoins I just only wanted to trade it to bitcoins, wanna know why? Its because bitcoins is has future in the market not just like altcoins it has a posibility to scam their. And bitcoin is one of the leading crypto currency today. And it is prove and tested in the blockchain. All is gonna do is to buy bitcoin and sell it when the price goes high. So everytime I earn altcoins I always exchange it to bitcoin so that I can convert it in other currency.

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ethereumhunter
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June 05, 2018, 10:52:23 AM
 #273

it will depend on the market situations because if the altcoin is down, I think it's not a good idea to sell altcoin to have bitcoin only because we cannot get much of bitcoin for doing that. but if the altcoin is up then we can sell all of the altcoins because we can get much bitcoin and this will be good again if bitcoin can increase also so we can get much money to sell the bitcoin. but this will be back for what our strategy and our plan because if you decide to be a holder, then this will not good for you to sell right now.

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June 05, 2018, 11:18:40 AM
 #274

If bitcoin is going to have bull market selling alt coins would be a good step for profits in bitcoin
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June 05, 2018, 11:51:55 AM
 #275

For me, it's ok to sell all my altcoins and buy bitcoin after. I would like to changed my strategy and play for a long term wherein it can have great profits.

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June 05, 2018, 12:18:54 PM
 #276

I think this is a strategy that is not quite right, we more easily get profit thousands of dollars per day with 1000 altcoin than with 1 btc, this is what makes us have to believe with altcoin.
But in reality, you can't do that. I'm really sure you can't remember 1000 altcoin and check them regularly, that's a stupid move Cool.
Also "thousands of dollars" could happen when those coins are pumped up cuz of certain news and you can't see them everyday like you said.

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bachus
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June 05, 2018, 12:19:49 PM
 #277

Sometimes I am doing just the same, but recent days there are so many alternatives to bitcoin that are more perspective than it is
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June 05, 2018, 12:30:04 PM
 #278

I don't agree with this strategy especially if this altcoins are valuable and having a good price. But if you have altcoins with medium value or just shitcoins then it would be great to sell them and buying Bitcoin because BTC is always valuable and needed.

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June 05, 2018, 12:42:21 PM
 #279

That's not a good idea because when Bitcoin is dropping automatically the price of altcoin will drop harder and if you convert them to Bitcoin you will get much lesser value. So when Bitcoin price is kept decreasing it is better to hold the altcoins until Bitcoin price starts increasing.
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June 05, 2018, 12:43:22 PM
 #280

in part, after all, the Altcoins have good coins that are not worth selling and that can bring a good profit in the future
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