Do you approve this strategy: sell alts buy btc?

[Valzzz005]

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 depends on the people but I can say yes because bitcoins is a great platform to invest and to put our money in but of course ut is much better to have at least another investment rather than that because the perks of having a different investment rather than bitcoins is of course when the bitcoin fall then you should wait because you cannot get that without losing money but if you have another investment you will not bother selling your bitcoins because you have a back up plan. But putting money in bitcoins is great think of it compared your alts into btc.

[Nyenyepogi]

If you have read many strategies about selling alts and buy you could make analysis if what strategy is fit for you, well we have our own strategies and I Believe that experienced in crypto is one of the best.

That is right but different people different points of view so lets respect their decision on how to earn in crypto industries but my strategy is to collect more alts and I used my extra money to buy some part of bitcoin because there are many potential alts that can generate a lot of profit so we cannot throw them easily.

[iRakic]

I disagree with this strategy. Alts can bring more profit than BTC in short term. When you get enough profit from alts, then buy BTC and see how it goes. Repeat every once in a while. 

[ttking]

Uniquely, any crypto currency, in addition to bitcoin and etherium, can and should be bought on the stock exchange. At crypto-exchange exchanges, you can buy any altcoins, except those, of course, which are still at the ICO stage.

[hckdeface]

If you have read many strategies about selling alts and buy you could make analysis if what strategy is fit for you, well we have our own strategies and I Believe that experienced in crypto is one of the best.

[GDragon]

Nope, i most prefer to do that both. I usually using longterm for btc and short term for my altcoins. And it seems that altcoins give me a good profit so why I will sell it for one thing purposes only. In fact, there's a tendency that waiting of btc to pump is like waiting you to be dead, why would I choose that.

[lastnumber]

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. Investing in Bitcoin may be less risky but you will not profit much unless you invest a lot of money. Altcoin is cheap now, and its potential is huge. So, I would invest in Altcoin if I could sell Bitcoin.

[19Nov16]

I think the strategy of sell altcoins to buy bitcoin is not right, if all users do that then it is certain that bitcoin is too dominating and this will make the competition unattractive.

[keeee]

Each one of us has distinctive systems to make benefits. For me the better procedure half/half. Offering all the altcoin to purchase bitcoin is certainly not a smart thought since a portion of the altcoins presently is getting value. For whatever length of time that you can, hold the half of altcoin we don't recognize or imagine a scenario in which the value increment and half it will sell for the bitcoin. At last, you half lament half advantages, half lose. I call it balance technique

No, its not a good idea to sell all your alts just to buy bitcoin because altcoins sometimes pump too. Better to hold for it like bitcoin and until it was pump so that you can get more profit from it. Even it is benificial to invest here in bitcoin that dorsnt mean that you all need to sell your altcoin because some of them are worth having of it.

[Gila uang]

All depends on the prediction of each person, if we predict by selling altcoin and buy Bitcoin it is more profitable, then it is good to do. because we do anything must have a reason, it is impossible we do something that is perfunctory.

I think do not put too many percentage of your investment into alt, because alt have bigger risk than btc
I will not do that, alt coin can be very profitable if you can invest in the right coins, and it's a good idea to diversify your investment, so you do not lose all your money at once when bitcoin drop.

[Topaz72]

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 do not do such a strategy because i am less skilled and in the end will only get the loss. I just want to minimize the losses from the crypto currency. Because we invest only for profit, right?

It is good to utilize yourself and it is good if you recognized your aim of investing, it is fir sure true that we use to invest in crypto currency for the purpose of profit so we should focus on it, it is good time to buy bitcoin as much as you can buy when the price is very low so better if you hold bitcoin only and don’t think much just buy bitcoin and hold it you will surely win at the end.

[doomloop]

no i dont really approve that strategy because i think that is not right to sell alts just because you want to buy btc. Alts are more valueable and more profitable therfore i wouldnt try to sell them just to get a btc though id rather sell my btc in order to buy alts.

I will only sell my alts if i already achieved my targeted price but as of now i dont think i can achieved it because the market is still down.

Market is full of strategies and my advice to you is whatever you want to do and you desire for should be inside the circle of market rules and principles.

If you are doing with disobedience then you will face with problems. A person can follow a strategy for example if sell Altcoin or Ethereum in order to upgrade in the crypto market then it is a good decision if selling and buying processes take place by applying market rules.

Well it is entirely a subjective topic. You can choose any crypto to deal in the market and earn good. This also depends on the market situation. At times you have to let go one crypto for another. In the current situation, you can invest in both Bitcoin and altcoin because the prices are down. You can also go for a diverse portfolio by which I mean you can have some Bitcoin and in the same time altcoin in your portfolio.

[rimueng agam]

If I do not agree because if you trade with bitcointalk you have a small capital just the same as lie because with your small capital Do not get a big profit but if you do trading in altcoin you will be faster can profit and a little more because you have small capital.

[rajkr]

It ia very useful startegy.Beacuse Altcoins are more vulnerable than BTC.But my holding  altcoins correction is 1/10 of its original value.So it is difficult to apply now for me

[newwest]

I disagree with this strategy. Alts can bring more profit than BTC in short term. When you get enough profit from alts, then buy BTC and see how it goes. Repeat every once in a while. 

Alt coins do have a huge potential to provide much higher returns that btc because altcoin which trade in cents or few dollars has a huge way to reach till 100$ or more per coins. While btc is already at 7500$ so may not reach 10 times in a year or so . Well if you identify some altcoins which can provide the best return than you can make good money with altcoins too.

[morex0123]

If I do not agree because if you trade with bitcointalk you have a small capital just the same as lie because with your small capital Do not get a big profit but if you do trading in altcoin you will be faster can profit and a little more because you have small capital.

It depends on what coins you have, if you have ETH then I don't agree selling strategy. But when you refer it to other coins with low value, I think its good to trade and buy btc or ETH because both have bigger value or increase of price and you will gain huge profit.

[udanemas]

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 I do not want to invest on altcoin by selling my bitcoin. because I know that bitcoin has more potential than other coins so it will provide more benefits in the future. if you want to invest in altcoin, you can invest that amount from your bitcoin earnings. Because I think coins depend on the value of bitcoin.

[Mhd-Bobbi]

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.

Yes. very aggrieved when investing bitcoin. because bitcoin has a huge advantage. has a very high market price. I am sure by the end of 2018 there will be a rise in bitcoin prices that will rise and normal again

[Birin016]

Depends on how you handle your coins and bitcoin. For me, I buy alt and still sell it and trade in alt like ethereum. Alts has more chances of gaining higher income especially when that alt really pump and has potential to grow.

[denisaardelean]

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

The market in recent days has been continuously decreasing, you can see that bitcoin prices in the past days are continuously reduced and will continue to fall deeper than when the market is bearish in the long term . So I think that at this point you do not have altcoin, so buy bitcoin and increase the amount of bitcoin you own.