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PX-Z
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May 31, 2018, 01:37:53 PM |
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I disagree with you mate, that selling all your altcoins and to have only bitcoin is not recommended, because bitcoin is the most secured crypto that you may have compared to other altcoins, and bitcoin is the most recommended crypto by almost all crypto holders, so how could you say that holding a single crypto (bitcoin) is not recommended? |
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DjTremor
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May 31, 2018, 01:38:48 PM |
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that is not a good idea. it is better if you use Ethereum . because Ethereum has a good chance that it will pump like last year . and Ethereum is better than bitcoin. i did that thing i sell my Alts then convert them top bitcoin. i just did that because bitcoin is i only know how to convert it into a fiat cash. . but now i know now how to convert Ethereum to be cash out into a fiat cash This depends on the market trend. Without seeing the trend, you cannot decide if you should sell alts to turn back to bitcoin. Sometimes you should sell bitcoins to turn back to alts. This is a reality. |
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rat03gopoh
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May 31, 2018, 01:55:01 PM |
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In my opinion, other people's analysis is only 30% helpful in trading others, the remaining 70% is how a trader judge for themselves market conditions. Precisely if you have little capital, highly recommended to be altcoins traders are much cheaper. Because every penny of their price movement is very significant
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Hillthy
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May 31, 2018, 02:44:03 PM |
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Yes, I agree with this strategy. Because I'm an investor with a long-term perspective. In fact, BTC is always a coin of profitability over time. When seeing the convincing growth of bitcoin in 2017 from $ 2000 to $ 20,000. I really believed BTC was the king of cryptocurrency. So, to me BTC is the best coin in the long run. I will sell altcoin to buy BTC.
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shulio
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May 31, 2018, 02:49:05 PM |
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Even they have more use cases and more technology, none of the altcoins or ICO's or tokens are successful as Bitcoin. Bitcoin is better investment than the all remaining crypto currencies.
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Wonder_woman
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I am hired and not own by any Team!
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May 31, 2018, 03:31:01 PM |
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For me, it depends if the altcoin is really potential why would you sell? But if your alt does not have potential then sell it for bitcoin and wait because I know bitcoin is potentially capable of mooning in the long run. |
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Biggapp
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May 31, 2018, 08:32:47 PM |
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if i am more confident to sell alts and buy btc, because btc in terms of market price is more stable than alts.
ea depending on you alone, to keep choosing alts or btc.
I am afraid it is not true. Bitcoin is the most unstable and fluctuating currency at the moment rather it is world’s first most volatile and profitable asset. Stability is antonym to BTC. The reason is, we do not have this asset in a large supply while its demand increases with time pushing value too much. Even a buying or selling of a small scale can make a big difference in its price. Selling alts for getting BTC is a wise move. |
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YTBitcoin
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May 31, 2018, 09:15:55 PM |
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for us, we should invest in bitcoin instead of investing in altcoin, as altcoin prices follow bitcoin prices, as well as bitcoin prices up and down nice so you can get more profit.
If someone is holding for a longer time and will forget his or her investment then I will suggest what you suggested to invest only in bitcoin while if a person is looking for investment for shorter time and they only want a short term trade or day trade then they can use altcoins for their trade as every day we see one or two coins reaching much high in percentage. |
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makolz26
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May 31, 2018, 09:33:18 PM |
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for us, we should invest in bitcoin instead of investing in altcoin, as altcoin prices follow bitcoin prices, as well as bitcoin prices up and down nice so you can get more profit.
If someone is holding for a longer time and will forget his or her investment then I will suggest what you suggested to invest only in bitcoin while if a person is looking for investment for shorter time and they only want a short term trade or day trade then they can use altcoins for their trade as every day we see one or two coins reaching much high in percentage. That is right, we all have different strategies here and those depends on our capabilities, how we focus and our time, if we do lack of time then there is no way we can do day trading, what we can do is just to hold and do trading, if we are really interested in day trading then we must sacrifice our time for us to focus on it. |
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smarcio
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May 31, 2018, 09:42:57 PM |
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I also disapprove this strategy. If you are the holder, you could buy bitcoin and altcoins for a long time. It will be more balancer strategy.
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YoungMaster
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MYCRYPTOBANK.IO
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May 31, 2018, 09:54:50 PM |
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Sell my altcoins to buy bitcoin only in situational condition like when bitcoin price is on down so that i can buy many bitcoins. But not always like that, sometimes i hold my altcoins especially if the altcoin have big potential. |
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@baracitamon
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May 31, 2018, 10:17:14 PM |
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Yes, I agree with this strategy. Because I'm an investor with a long-term perspective. In fact, BTC is always a coin of profitability over time. When seeing the convincing growth of bitcoin in 2017 from $ 2000 to $ 20,000. I really believed BTC was the king of cryptocurrency. So, to me BTC is the best coin in the long run. I will sell altcoin to buy BTC.
It is not quite right to say that BTC is a lucrative penny over time. It is true that BTC and the Crypto market are falling sharply, but there is nothing to predict. The BTC will continue to increase, but my forecast is that the BTC is below $ 12,000. from now on. |
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shone08
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May 31, 2018, 10:23:23 PM |
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Yes, I agree with this strategy. Because I'm an investor with a long-term perspective. In fact, BTC is always a coin of profitability over time. When seeing the convincing growth of bitcoin in 2017 from $ 2000 to $ 20,000. I really believed BTC was the king of cryptocurrency. So, to me BTC is the best coin in the long run. I will sell altcoin to buy BTC.
It is not quite right to say that BTC is a lucrative penny over time. It is true that BTC and the Crypto market are falling sharply, but there is nothing to predict. The BTC will continue to increase, but my forecast is that the BTC is below $ 12,000. from now on. Well all of us have a different strategy to earn in crypto world, selling your altcoin and invest to bitcoin is not a good or bad idea the price are below $10k so meaning it has a dentency to create a good profit in the future. |
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tabas
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May 31, 2018, 10:24:15 PM |
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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. Why would I choose the best altcoin and just settle bitcoin next. I would rather choose to invest in bitcoin first and let it happen if there will be an altcoin that will get my interest. It depends on the quality offer, the status and background of altcoins, and market condition. I think there are also a lot of altcoins that have so much potential for trading or investment. So, what we can do is to do research on best altcoins, with strong team and project, and is profitable. If we find the best altcoin and feel it can give huge profit and worth holding, it's better to hold and sell it at appropriate time. I don't see any problems engaging in good altcoins while doing same thing with Bitcoin. Bitcoin as the leading crypto is more stable, but sometimes I think we need to also explore and diversify, because admittedly, not all time bitcoin is in good condition, and so same thing with alts. I know that there are altcoins that has the potential but we've been saying this all of the time. And each coin that does have a good volume and developers, we've been labeling them with that tag. The problem is that few coiners are depending on their way of putting up a standard and most are depending to the voice of the crowd when it comes to what's the best. |
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xbl1008
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May 31, 2018, 10:37:14 PM |
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It depends on the situation if i lost a significant value in bitcoin due to bear market and the decision came in it depends on how much I can save in the projected bear or how much I can profit in the coming bull, its a very complicated thing that needs a drastic decision that you've earned in the years of trading awarding skills that can help you decided on this matter.
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Harley29
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May 31, 2018, 11:01:50 PM |
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For me, it depends if the altcoin is really potential why would you sell? But if your alt does not have potential then sell it for bitcoin and wait because I know bitcoin is potentially capable of mooning in the long run. I am sure your alt won’t be better than bitcoin as now bitcoin at high demand and people are also thinking about selling all kind of alts just to get bitcoin, now a day price of bitcoin is getting better more and more and bitcoin is strongest compotator of other altcoins, bitcoin is high in price and It has huge profit for people who trust it and hold it for long time, I am sure you would be ready to sell alts for sake of bitcoin if you will know the real worth and price of bitcoin. |
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Kevondo
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May 31, 2018, 11:16:00 PM |
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Many people actually do that because of the idea that Bitcoin still is the best coin around that could give a person the best profit possible come the time it gains back what it lost after several dumps. However, I will not totally dispose all of my altcoins to buy Bitcoin because there are still some altcoins, like Ethereum, that is worth holding. And also, in this market, diversity is key, so it's better to have a couple of coins rather than just one. In this market you can enter simply and directly that will lead you to the place you want and you can enter indirectly as suggesting by this statement. Selling Altcoin for Bitcoin is relevant as Bitcoin is the most profitable one and you can sell Altcoin for Bitcoin so that you invest in Bitcoin in a low market but remember as well sell the Altcoin in high market so that your investment grow some fruits. |
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totaleclipseofthebank
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May 31, 2018, 11:44:09 PM |
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It is both good and bad ideas. In some situation, selling altcoin can be accepted and you can save your money. However, in some other cases, selling altcoins can make you suffer a huge loss or miss the opportunity to earn a great amount of money. Altcoins and bitcoin are both good. But if you know how to choose a good altcoin, it can bring you a better profit and bitcoin
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Dark Sky
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June 01, 2018, 12:14:01 AM |
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It is both good and bad ideas. In some situation, selling altcoin can be accepted and you can save your money. However, in some other cases, selling altcoins can make you suffer a huge loss or miss the opportunity to earn a great amount of money. Altcoins and bitcoin are both good. But if you know how to choose a good altcoin, it can bring you a better profit and bitcoin
Yes selling of alt will very risky because if you sell it then you will lose your money and also it will wasting of time so you should wait for its high price as same you wait for bitcoin because both are digital currency and that's why their price it also up and down so that's why you should take some patience other wise bitcoin is much better for investment. |
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anavir
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June 01, 2018, 01:11:28 AM |
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Yes i may sell some but not all.I may sell some of my alts depending on bitcoin price.If it lowered its price then for me it is not bad to sell some alts to buy bitcoin because i trusted bitcoin much that even it flactuate its price, it still manage to recover again and again.
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