Converted all altcoin back to BTC

[kakade]

Yes, that can make you profit. Now the price of BTC rises very high and this also makes all coins go up in price. But not entirely, your Altcoin will be converted to BTC. It's better to keep Altcoin because it has a very high chance of going up.

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[shirackjs]

I think an investment portfolio should be balanced and diversify among coins. Altcoins has dipped a lot in price during the past year, is this a good time to convert all to Bitcoin? Well, I hope you made the right decision.

[susila_bai]

Everyone will tell about their view but you have to see that whether the altcoins you sold have potential to grow more when the market recovers then selling now and converting to BTC is not a good idea. But if tommorrow altcoin market goes down then your decision will be good and you can buy back the altcoins in lesser price.

[JeBro]

I think we shouldn't underestimate the potential of altcoins. Many of them are able to grow much higher than Bitcoin grows. It was more prudent to create a basket of bitcoin and altcoins.

[Mighty_crypt]

Damn the bitter truth is there are many good coins and tokens that are way better than bitcoin ,faster transactions speed and lower transaction rates and moreover last bullrun has proven how profitable altcoins can be I think you just make a very bad move my friend you are not doing researchs very well

[tamango]

I don't know if you have made a good decision but for sure in longterm you can sleep well now. I'm thinking about same decision but for now I'm holding also alcoins.

[richminded]

Convert your small altcoins to bitcoin but you also have to have a more good altcoins because that's the best strategies in gambling where no one tell you to only hold one coin. I know bitcoin is dominant but its not enough to fully invest on bitcoin. The price started to pump with bitcoin, its a good idea to increase your bitcoin holdings because the best price will soon to come.

[efrenbilantok]

It's great to see that you have this kind of high hopes for BTC, but it's more likely to be in profit if you keep your funds split into different kinds of coins/tokens so by this you are going to have more chances. Altcoins are riding with the flow of bitcoin it is just following its movement as you can see in the marketcap.

So for me, it is better to have cheap altcoins because you can hold much more,
the more coins you hold the more profit you can make when the coin that you hold rise higher in price.

[steveabrahams]

Fyi, there are some altcoins that also increase with a huge percentage, look at bitcoin cash and litecoin, the price is increased so high even bigger than bitcoin increase percentage. Both bitcoin and altcoins are good but if you want more profit, altcoin is also a good choice, not only bitcoin.

[coinswebid]

I think an investment portfolio should be balanced and diversify among coins. Altcoins has dipped a lot in price during the past year, is this a good time to convert all to Bitcoin? Well, I hope you made the right decision.

and i think if the OP hold a good altcoins such as ethereum, eos or others,,
its better to convert a half not all,, because all great altcoins project always have a great future 
always do your own research before decided anything in crypto investments

[burky156]

Yes my friend, that would be the day of turning back to Bitcoin. Yesterday i exchanged my dogecoins to BTC. Also now i am exchanging my all altcoins to ETH and BTC. I feel that there will be a great rally about the coins which is TOP20 in coinmarketcap. The process going on just like the big run in 2017..

[kevinex]

Yes my friend, that would be the day of turning back to Bitcoin. Yesterday i exchanged my dogecoins to BTC. Also now i am exchanging my all altcoins to ETH and BTC. I feel that there will be a great rally about the coins which is TOP20 in coinmarketcap. The process going on just like the big run in 2017..

does if bitcoin and ethereum experience growth in the market make the altcoin not experience growth? why are they all now turning to bitcoin and ethereum? I myself still save my altcoin assets and haven't sold them or changed them to bitcoin or ethereum.

[Jpt]

I also do not think it will be a wise idea to put all your hard-earned money into a single coin. But here I do not mean at all that bitcoin is a bad investment. Of course, bitcoin, the king coin, is better investment. But I think you cannot get much profit from a single coin. You have shared that you lost some portion of your investment as exchange fees. But there are a lot of good investment coins and new coins which could rise by multiple folds in short time. So try some of them. You should divide your investment into bitcoin and other coins so as to get more profit. Good luck.

[r_delossa]

I believe that it is one of the worst decisions at the moment, because Bitcoin is raising, but altcoins are doing it much faster and are giving not only 20 percent. You just need to find great altcoins that are ready to launch.

[Nggedebus]

Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.

In my opinion, investing in altcoins would be better than put our investment in bitcoin, if the amount of money we got can't afford to get a lot amount of bitcoins. But if we had many altcoins then the possibilities for profit should be increase.

[michellee]

Can't say I proifted much, I paid way too high of fees on the exchanges, lesson learned on who to use and who not to next time. Right now I want to see how this next move shakes out. If I miss out on a big 30% move on some coins, so be it. I will sleep well tonight.

It is better to take a rest because you cannot always stay at your front monitor watching the price moves. We can search for another profit from other coins, and I am sure that you can be able to do that. I think not only you that miss on the rise of the coins, but the other people also have those things too. But I am sure that we still have time to see the other coin can rise again. Be patient and don't stop for searching the profit from any coins.

[ajqjjj]

I believe that it is one of the worst decisions at the moment, because Bitcoin is raising, but altcoins are doing it much faster and are giving not only 20 percent. You just need to find great altcoins that are ready to launch.

This is purely concentrate the future market because if all the holders are exchange to altcoins into Bitcoin it will going to moon. So new investors are make huge profits in upcoming days and altcoins also good decision in this market because large number of traders are continuously participate in crypto trading so both are profits but Bitcoin is the ruling community.

[Crypt0BHunter]

Now in acumulation phase, as always in general, altcoins could bring you from 10-300% in btc, on the other way btc could only bring you dollars

[Emmy92]

Well, you are entitled to your opinion and then you becomes responsible for them. Only know the reason why you converted to BTC, so don't feel bad about it. Also, I think it's wise holding some altcoins, in this case, altcoins with great use case.

[desticy]

Sometimes your own peace is worth more than any money. You did the right thing to take responsibility for your choices, this is the best approach, no matter what happens in the future. Most do not realize that all the events happening to them are the result of their own choice.