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Chrisjay29
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August 20, 2018, 09:49:24 AM |
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For me its depend on the market price. Because it will be bad idea if you sell your alt while in a low price and its bad strategy if you buy bitcoin when its on high price
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cryptocurrencyguru
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Activity: 280
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August 20, 2018, 11:02:51 AM |
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Selling alts and buying bitcoin we should observe this step very carefully the main reason is price fluctuates very often while seeing alts and converting to bitcoin we may suffer losses in between
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passeroutpass
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August 21, 2018, 01:20:49 PM |
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If you plan to invest for a long time, then this strategy is suitable.
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sunflower_11438
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August 21, 2018, 01:23:43 PM |
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for now bitcoin is still number 1
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hometester
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August 23, 2018, 06:43:46 AM |
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not at any time, but only when the market has grown enough, you can apply this strategy
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gigusico
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August 23, 2018, 08:24:10 AM |
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to some extent yes, but it is worth taking into account what altcoyins you are going to sell there are also good options
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GREATLOVE
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August 23, 2018, 09:14:36 AM |
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It is depends upon the users if they want to sell alt and buy bitcoin . all we know that bitcoin is still the number one coin . |
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sidodadii
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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August 23, 2018, 09:20:09 AM |
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maybe, this way is used for some people.
im wait for the best price for altcoin. if the price is under ico rate, i will hold it. i dont know, maybe until it become garbage. but if the price is almost reach ico rate or reach it, i will sell. but, the most is is i will see the future of altcoin. when it have good future i will keep until the price 2-3 times.
i change to eth, not in bitcoin. im just buy bitcoin if there any remains of money after change to fiat
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
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jlong187
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August 23, 2018, 11:13:12 AM |
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I will do that with pleasure but let market be recovered before, I'm not going to sell my alternative cryptocurrency coins while they are 56 down from the price of ICO, it is poor. |
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Jupeter
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August 23, 2018, 11:43:00 AM |
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I think that such strategy may save your whole portfolio...currently I'm very upset because I decided to hold my alts in may/june. I could sell them all by beneficial price, now the losses are terrible.
I really trust a lot altcoins now especially the ethereum and eos and i dont think that selling our altcoins just to buy bitcoin is advisable because holding some good altcoins for long term is also a good strategy so for me we can also focus on holding some alts over than selling it. |
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kniheant2
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August 23, 2018, 01:46:39 PM |
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in my case,I will do it if the price of bitcoin decreases to the point of seemingly death. It will bring hiluge impact to the communities and sell their altcoins for bitcoin.
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Ezenwanyi1
Copper Member
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Veil
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August 23, 2018, 02:21:32 PM |
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In this present market scenario, i think that is the best thing to do .
In the other way round, altcoins may recover fully when you do not expect it.
So deal with wisdom.
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bongnor531
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August 23, 2018, 02:30:49 PM |
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On a market like this it might not be wise. I would rather wait until it recovers a little bit, that might boost alts as well.
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Rebisco
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August 23, 2018, 02:35:16 PM |
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It depends on the potential of your altcoins, it can be good idea if you hold shitcoins or the altcoins that doesn't have a value. There are some altcoins that are really good in long term investment, identify first if the altcoins that you hold have potential or not. |
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laborrdj
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August 23, 2018, 02:59:36 PM |
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well it relies upon the present market status of those altcoins. I think what they implied is contribute more on btc as opposed to altcoins on the grounds that we as a whole realize that alts are not as steady as bitcoin. he didn't said that offer your alt at that point purchase btc. having altcoins likewise includes up your venture portfolios, there are a few alts that is steady and can be leveled with bitcoin. |
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Viendong6158
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August 23, 2018, 05:21:26 PM |
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No, I adhere to the strategy that I need to have both bitcoin and altcoin in my crypto portfolio. Bitcoin is a long-term and reliable investment for me. Similarly, any altcoin can achieve this result, who knows  |
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LyQaN
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August 23, 2018, 05:32:13 PM |
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I wont sell my all altcoins,will kept those who have acquired top value in market ,but i will sell other as bitcoin have more potential and more steadier rate than altcoins ,yes,altcoins can make you earn a great amount if you sell them at right time but bitcoin is still more stable .
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deloreswest
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Open and Transparent Science Powered By Blockchain
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August 23, 2018, 05:37:21 PM |
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It could be good decisions but i do think it depends on how market are. When market concentration are in bitcoin it would be good to buy bitcoin and sell your alts but it would be different when bitcoin down and alts is increasing, if it happen it would be best to buy coins in top 100 cause mostly people will buy famous coins and it will have better chance to increase than other coins below top 100.
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Bellator
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August 23, 2018, 05:45:28 PM
Last edit: August 24, 2018, 01:03:34 AM by Bellator |
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It is not recommended i guess its a matter of our choice,altcoins were more cheap compared to bitcoins.If you see some potential coins and has big possibilities to boom in the market then probably better hodl your altcoins rather than selling it to buy bitcoins. On the other hand bitcoin has never failed us,its consistency in the market remains to be the toughest cryptocurrency of all time and i think that it is also advisable to own bitcoins,but you need to find your way to buy bitcoins,but not selling potential coins. |
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Magic Sarap
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Merit: 14
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August 23, 2018, 07:19:54 PM |
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No, I adhere to the strategy that I need to have both bitcoin and altcoin in my crypto portfolio. Bitcoin is a long-term and reliable investment for me. Similarly, any altcoin can achieve this result, who knows Yes, actually this is the strategy what im doing right now, and its actually worth it (for me only, i dont think if its worth it to others). I just wait to he price of altcoins to increase and then i will sell to have enough money to buy bitcoin at lower price. |
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