shield132
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May 29, 2018, 10:01:42 PM |
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You didn't mention in title, nor in your post main opinion of this man: he would sell alts such as Cardano, TRON, IOTA and NEO, but was “neutral” and would hold Ethereum, Ripple, Bitcoin Cash and EOS. If he would include ether, bcash and similars in word altcoin, it seems this strategy has no idea behind it but now this proposal proves (at least for me) what is his main idea.
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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Tylev
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May 29, 2018, 10:17:27 PM |
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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.
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KrishaBitcoin
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May 29, 2018, 10:18:46 PM |
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It will always depend of the situations like if my Altcoins are going crap that its look like will not recover specially if the team if that coin Altcoin is in active then better to sell your coins and buy Bitcoin but if my certain Altcoin has a huge potential then better to sell some of my Bitcoin and buy more of that promising Altcoin.
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Stephen1989
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May 29, 2018, 10:20:51 PM |
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if bitcoin seems to have a much lower price and I think I can buy many bitcoins with my altcoin, why not? You see, bitcoin has more potential than alts since it's the original cryptocurrency recognized in the world, and the price of altcoins also depends on bitcoin so buying the original one is much better than keeping the newly made ones.
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emulsifryer
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May 29, 2018, 10:49:43 PM |
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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.
That's absolutely right bitcoins gives more benefits but i didn't say that all the time but for me if you want some long term investments i would probably take a risk on selling my altcoins to invest my profit to bitcoin.
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Dingdong7
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May 30, 2018, 02:43:41 AM |
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It would still be better if youll be diversifying your investment. We know that when bitcoin price increases, other alternative coins also increas in value. Since you can no longer get greater volume of bitcoin because of its high price, you can have alternative coin to make good volume. Volume of coin means greater profit to be earned, that why dont sell alts, just buy bitcoin with your new fund.
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greenpath
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May 30, 2018, 03:04:03 AM |
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Don't sell your all altcoins for bitcoin. You will end up with lifetime regrets. You should sell some of your altcoins maybe from your 100% of altcoins you can sell half or maybe 30%. Then after you have your money buy bitcoin even it will not got to 1 bitcoin. It is okey because bitcoin will probably decrease again so on that time your bitcoin will surely increase according to what it's equivalent value. Much better to sell your altcoins but don't sell everything.
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Aldrinx00
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May 30, 2018, 03:17:35 AM |
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I think it is not a good idea to sell all your altcoins to buy bitcoin because bitcoin price as of the moment is very unpredictable and we never know if it will really go up or not. It's better to diversify your investments with both bitcoin and altcoins.
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xanxus.kun
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May 30, 2018, 03:29:53 AM |
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Since I get a lot of alt coins by joining signature campaign, I'd rather stick to what I do and where I profit the most, I always wait for the alt coins to pump then trade it to Ethereum, then use it to buy some low price alt coins and hold the rest into Ethereum, I'm not really the type to hold Bitcoin for a long period of time because this is the only source of income I have, so whether I like it or not, I don't have much choice but to be a short term holder.
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expless
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May 30, 2018, 05:29:27 AM |
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I think it’s right. Bigger profits comes from investing only on Bitcoin than investing on several altcoins at a time, and that’s based on my own experience. The price of Bitcoin fluctuates heavily than every other cryptocurrencies in the market and let’s assume that you invested $60,000 right now, you will make bigger profit from it than when you invested the $60,000 in altcoins. But I’m not saying that this happens all the time, but it is most likely to happen.
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KalaiBTC
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May 30, 2018, 05:58:32 AM |
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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.
Lolzzz that’s true man, Bitcoin has more potential than every other cryptocurrency we have in the market. You’re likely to make more profit from Bitcoin than you will do with other crypto. I have developed more interest on bitcoin than every other crypto in the market today. This year I haven’t invested in any altcoin, I’m just focusing only on Bitcoin and I hope that the price gets high.
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abaidudez
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May 30, 2018, 06:00:50 AM |
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I agree that Bitcoin will be climbing up again and I think it will reach $10,000 or even more than that. But Selling altcoins is not a good choice to make. I think altcoins will still bring something to some investors as long as you choose the right one.
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laravuemaster
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May 30, 2018, 06:01:37 AM |
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Actually it will be depending on the situation, if the market today is very volatile like there is huge drop and increase then just hold your coins but if you think that you will be earning more profit for your coin if you will just hold it for a very long time then just jeep on holding.
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Bagaji
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May 30, 2018, 06:09:38 AM |
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Well, I have friend who does that most of the time he get payment in alternative coins because he believe that bitcoin has influence on altcoins and that once bitcoin move to either direction all other altcoin will follow but not to the percentage of bitcoin and that was why he use to convert altcoins to bitcoin.
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normanderecho
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May 30, 2018, 08:40:09 AM |
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Well, I have friend who does that most of the time he get payment in alternative coins because he believe that bitcoin has influence on altcoins and that once bitcoin move to either direction all other altcoin will follow but not to the percentage of bitcoin and that was why he use to convert altcoins to bitcoin.
For me its good to buy a bitcoin because we know bitcoin price is growing up and we know bitcoin is ideal for investment because thier many people become rich because of bitcoin and theres a big possibility bitcoin price will reach current price but its good also altcoins because if the price of bitcoin will rise all altcoin to well rise also.
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squog
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May 30, 2018, 08:48:15 AM |
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That was my strategy for a while and it became that when BTC fell, no other investments picked up the slack. Then again, when BTC fell every thing feel right after. But then I invested on strong alt coins and strong up and coming ones. This is called portfolio diversity. The suprising thing about it is, alt coins gain more than BTC. So there.
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thetruth123123
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May 30, 2018, 10:44:09 AM |
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I would not do that for now despite of any reccomandations because alternative currencies do have a great perspective future sooner or later
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marginal
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May 30, 2018, 11:46:18 AM |
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Eventually I am doing thing like that right now. I am trying to aggregate as many bitcoin as I can to wait to the moon with it
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ichai
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May 30, 2018, 12:35:52 PM |
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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. Personally, I always support people buying BTC, because I believe that BTC is the best and least risky coin on the market today, holding BTC we will never fear that it will lose capital. The longer they hold, the more valuable they are. Your profits will grow so I always support everyone who buys BTC,
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nur rochid
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May 30, 2018, 12:47:27 PM |
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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. Personally, I always support people buying BTC, because I believe that BTC is the best and least risky coin on the market today, holding BTC we will never fear that it will lose capital. The longer they hold, the more valuable they are. Your profits will grow so I always support everyone who buys BTC, different from me, even though i invest in bitcoin, but i still hold potential altcoin. we know if there is pump on altcoin, we will profit a lot, although this is more risky, but i try to enjoy it
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