Selling tokens/low market cap coins for Bitcoin?

[r32godzilla]

Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.

[HichemFetoui]

i think the reverse of that is the most safer option now a lot of alt are undervalued in comparison with bitcoin but for sure you need to avoid scam project and choose well good luck

[mrdeposit]

This depends on the potential of the altcoin. So, if you think coins/tokens are not going to make progress in the future, why should you hold? It would be the best choice to get BTC instead.

[consideritdone]

You may be taking a lost now.
But yes if you wanna cut loose.
But when also good times come all alts will raise as seen

[malcovi2]

I agree, most value of altcoins in satoshi are slowly declining. Its better to convert it for now in bitcoin. We are now experiencing a bullrun.

[krisnajsadrak]

its depends on what kind of token/coin in your bag
if you hold a good token with great team, just hold it,,
but if your token is a shitcoins, just convert it to bitcoin as soon as possible my friend

[nicster551]

Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.

It depends on your altcoin that earned in bounty campaigns, if you think your token have a future and their team is very active then go hold that token. In the other hand, you think that your token have no future and their team is all about talk without developments then dump your token and buy some valuable coins like bitcoin.

[H0USE]

I agree, most value of altcoins in satoshi are slowly declining. Its better to convert it for now in bitcoin. We are now experiencing a bullrun.

i still think there are many coins that are still worthy to hold like new altcoins have good platform and supported by famous exchanges, they surely have the big chance to be pumped in the future, so you can sell all the useless altcoins or too old altcoins without any better progress into BTC when we can still have profit when BTC is still rising every month.

[Muzika]

Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.

that is the safest thing to do with your alts acquired from bounty campaign, selling it whatever the price is and then buy bitcoins and store it to your safe and secured wallet. Because most of the time those alts are no longer to had a good price so it is better to stake it to a much stable coin in the market.

[mindrust]

If they are already dead there is no point in dumping right now. I am a btc guy but even I do hold some dead shitcoins. (No more than $100 from these dead prices)

What I got now used to be worth more than $2k and now it is barely $100. $100 won't make a difference if I buy btc with it but on the other hand that $100 is like a lottery ticket if keep it in alts.

Your situation might be different. If you got thousands of dollars in shitcoins it is probably a good idea to sell some since you shouldn't have owned them in the first place.

[LogitechMouse]

If I'm getting any rewards in bounty campaigns a year ago, I always sell around 60-80% of my total rewards into Bitcoin so that I can secure my profit and hold the remaining in case there is a continuous development of the project and if the token will bloom in the future then I can sell it at a higher price. There is some risk on it but its ok for me.

Whenever I get tokens in campaigns, I always see if the team is active or there is a development in the project. I can sense too if the token will be a dead coin in the future or not. The best choice is to sell a huge percentage of it and then hold the remaining.

[r32godzilla]

But how would you predict the future value? It is even hard to say about some small cap coin that has a progress - I simply do not see it, Bitcoin could be used by masses, these small utility tokens probably not. 

[puremage111]

Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.

Well, on some potential altcoins, it shall worth the risk vs reward
Bitcoin has a capped price increment. ($5,000 to $20,000 is 4x)

But for minor altcoins/low marketcap coins ($0.01 > $0.05 is 5x and it is easier to do that compare to Bitcoin) - Not because of it's price, but its marketcap

[passwordnow]

I'm happy that you are starting to see that you should convert all of your alts into bitcoin. You are in the right path if you are considering of doing it immediately. As you said, most of these altcoins are starting to be dead if all of those came from bounty campaigns. Don't regret because you're doing the right thing, having bitcoin is the greatest choice of an investor on this market because if you're not going to do it, you will have that greatest regret whenever you see bitcoin reach new ATH.

[coinporch]

I'm happy that you are starting to see that you should convert all of your alts into bitcoin. You are in the right path if you are considering of doing it immediately. As you said, most of these altcoins are starting to be dead if all of those came from bounty campaigns. Don't regret because you're doing the right thing, having bitcoin is the greatest choice of an investor on this market because if you're not going to do it, you will have that greatest regret whenever you see bitcoin reach new ATH.

i think its can be right and can be wrong too
because, in my opinion bitcoin price will hit ATH in 2020,
so at this moment this is the best time to collect more bitcoin, by trading your altcoins not only convert

[passwordnow]

I'm happy that you are starting to see that you should convert all of your alts into bitcoin. You are in the right path if you are considering of doing it immediately. As you said, most of these altcoins are starting to be dead if all of those came from bounty campaigns. Don't regret because you're doing the right thing, having bitcoin is the greatest choice of an investor on this market because if you're not going to do it, you will have that greatest regret whenever you see bitcoin reach new ATH.

i think its can be right and can be wrong too
because, in my opinion bitcoin price will hit ATH in 2020,
so at this moment this is the best time to collect more bitcoin, by trading your altcoins not only convert

What's the difference of trading and converting? you are converting when you are trading. Trading of altcoins means that you are converting it to another one like bitcoin. I can't understand or what's probably the wrong that I've said of labeling 'not only convert'. With your opinion that we can probably see bitcoin ATH by 2020, let's hope that it will actually happen. I'm also eyeing for that year to be one of the best again but this year, we're already seeing on how positive the next years will be.

[BitcoinHodler]

in my experience you shouldn't hold any of the altcoins under any circumstances because the best case scenario for an altcoin in the long run is that it rises but the rise is not going to ever be as big as bitcoin rise in the long run so in that "best case scenario" you lot a lot of opportunities.

but in 90% of the altcoins you won't get that best case scenario. instead you will get the worst case scenario which is that altcoin loses value and continues going down so every day that you hold it you will lose more and more money.

altcoins are only best for short term trading during their pumps.

[r32godzilla]

in my experience you shouldn't hold any of the altcoins under any circumstances because the best case scenario for an altcoin in the long run is that it rises but the rise is not going to ever be as big as bitcoin rise in the long run so in that "best case scenario" you lot a lot of opportunities.

but in 90% of the altcoins you won't get that best case scenario. instead you will get the worst case scenario which is that altcoin loses value and continues going down so every day that you hold it you will lose more and more money.

altcoins are only best for short term trading during their pumps.

I also see many altcoins as highly speculative assets that their future is unpredictable and more and more people stopped believing in altcoins - you can see it now, Bitcoin is raising its dominance.

[cahkalem]

in my experience you shouldn't hold any of the altcoins under any circumstances because the best case scenario for an altcoin in the long run is that it rises but the rise is not going to ever be as big as bitcoin rise in the long run so in that "best case scenario" you lot a lot of opportunities.

but in 90% of the altcoins you won't get that best case scenario. instead you will get the worst case scenario which is that altcoin loses value and continues going down so every day that you hold it you will lose more and more money.

altcoins are only best for short term trading during their pumps.

I also see many altcoins as highly speculative assets that their future is unpredictable and more and more people stopped believing in altcoins - you can see it now, Bitcoin is raising its dominance.

form the past bitcoin already dominance in market capitalizations of cryptocurrencies
why ? of course because bitcoin is the first crypto in this world my friend,,
and i think a good decision if the OP convert his low marketcap token or coin to bitcoin for now

[SMOKEU]

its a good idea.. but some of us is still holding those coins and waiting for the next ath.. as soon the price of bitcoin will rise for sure those altcoins well