Selling tokens/low market cap coins for Bitcoin?

[pey]

Selling such low market cap altcoins for BTC is not necessarily a good idea, you should do it if there is really no hope for those coins. In that case, I would rather sell for ETH because it has crashed as much as trash coins.

[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

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.

convert is only sell your altcoins for bitcoin, thats it 
but in my understanding trading is sell your altcoins in higher price for bitcoin then, buy again your altcoins in lower price, so when the price of your altcoins rising you can sell it and get an enouogh profit in bitcoin my friend, thats mean you already increase your bitcoin amount 

[r32godzilla]

True, selling / exchanging altcoins into Bitcoin means that you stopped believing in altcoins and you would like to hold Bitcoin only.
While trading means speculating among all cryptocurrencies, you do not matter what you hold in your wallet currently. 

[sana54210]

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 did not get to know about this strategy on time before my altcoins went down very low in value and they are so low that it is better I just keep them there and be watching them, because the vale they are not when converted to fiat is not something to be proud of, but I can just say that it is something I can just pull from my pocket easily to invest directly in Bitcoin.

If I still get any campaign that pays and would enter exchange, I would not make the mistake of holding them again, but another challenge is still the ones that have not entered exchange ever since I got them, those ones would not be easy to change to Bitcoin since it cannot yet be sold.

[Red-Apple]

you should never hold coins like that to want to make a decision about selling them or not. specially if you gathered them through airdrops it is 100% mandatory that you sell them as soon as you can because we all know the airdrop coins, ICOs, bounties,...  always fall down as soon as they are listed on exchanges.

the only case when they become a viable investment is if they are during a pumping day. in which case if you can catch that kind of pump you can gain a lot of profit because these small cap coins are always getting big pumps unlike the big market cap coins that barely rise 10%

[Sanitough]

Do it based on what you think is right.
For me, I think selling it is not a good idea, low marketcap means price is undervalued and there is no liquidity in exchange.
I'd rather hold it and wait until project improve and get develop, I have a lot of cheap coins which are in small exchange, but I'm hoping one day it will pump.

[DeepChipolino]

If I assume that half of my assets will die, some alts will not rise in price, then I will still hold everything I have. Those assets that will be more expensive, compensate for all dead and cheap projects. Bitcoin can rise in price many times. But some altcoins have much more potential. What exactly, I do not know. Therefore, I hold everything until victory or defeat.

[Whosdaddy]

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.

Your idea is really nice and I think some people are already doing this, last week. I sold 50% of my tokens that has entered exchange to buy bitcoin, I know that before we enter altcoins season, bitcoin would have risen to a very big level that even if I decide to pull the investment out of bitcoin, to buy the alts again, it would have doubled the initial amount I pulled out.

I too don’t see the reason why one should keep holding on to those coins that has refused to increase along with bitcoin rise, although I am aware that this is not their season yet, so this your idea should really be taken serious by most alt investors.

[d1ceplayer]

Do it based on what you think is right.
For me, I think selling it is not a good idea, low marketcap means price is undervalued and there is no liquidity in exchange.
I'd rather hold it and wait until project improve and get develop, I have a lot of cheap coins which are in small exchange, but I'm hoping one day it will pump.

They will surely pump there is no absolutely any doubt about that, but if you have been studying how these markets has been operating in the past, you will see that most of them only follow uptrend when bitcoin consolidate, have you not noticed that all these increase in bitcoin, majority of them have not responded by even 0.1%, they are not doing so because it is not yet their time, so one can play the 2 games, withdraw them now and put in bitcoin for the price to multiply, which you will still get the value back when you get a sign  that they are about going on their own bull run.

[popolite11]

Selling such low market cap altcoins for BTC is not necessarily a good idea, you should do it if there is really no hope for those coins. In that case, I would rather sell for ETH because it has crashed as much as trash coins.

I would better buy Ethereum as it does not matter that this cryptocurrency fell. It did not crash: the project is alive and the changes happen constantly.
We see the movement - it does not sleep, it is not going to die or to be closed. the team is excellent. As for the trash coins or shitcoins, it is better to get rid of them. The sooner you will do it, the better.

[shulc7]

Selling such low market cap altcoins for BTC is not necessarily a good idea, you should do it if there is really no hope for those coins. In that case, I would rather sell for ETH because it has crashed as much as trash coins.

This is not a bad variant for a "lazy" holder. Bitcoin is the cryptocurrency that regulates the price of the other altcoins, so that, if you have it, you can be always in plus as sooner or later, BTC will go up.

[SirLancelot]

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 is not possible to see a bull run in the price of tokens as it were in 2017, because 2017 was when we had a lot of tokens being created in the market and then investors cared less about what they offer but the profit they could make within a short period of time, though we have now seen a correction in the market which have separated the good tokens/coins from the bad once, this is why we saw the price of so many coin in the market go so low never to recover.

[zgrdyg]

I am having the same question. I have lots of coin which worth very low and has a very low market cap. Should i sell them all to have a little bit more btc or should i wait for an alt party or a surprise 100x even 1000x from one of them? A hard choice really.

[D3m1r4wanti]

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. 

most people do it to catch up with the rising price of bitcoin.
but not with me, the altcoin price that I trade now follows the flow of the bitcoin price volatility, so when bitcoin increases, the altcoin price that I have also increases. so I don't force to sell my altcoin with low capitalization just to get bitcoin.

[Johnzky]

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.

Obviously this is what happens these days as we are seeing a great growth of bitcoin while altcoins remains silent

More altcoin holders are selling their folios and invest all in bit coin without thinking what if this is a trap?you will lose bigger and won't recover by doing such

[EMS_REP]

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 i am 1000% agreed with you.I have sold my crap few weeks ago and got decent amount of bitcoin and already booked some profit but i will hold it for few more months.

[LUCKMCFLY]

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.

I think your case is that of many investors who believed in a moment in a project that did not meet them, and that you obviously plan to sell, but the sales potential can only be determined by what you have been able to determine in the market according to what have you seen, that is, if in the project of that altcoin have more development prepared, if you plan to list it in a Level 1 Exchange, and if its developers have more features?

This is simple, if you are just for being enthusiastic the price will drop more, because it had its ATH moment and I know it will not return anymore because it will not be listed in a quality exchange, since many times some altcoins survive by Dump and Pump that apply, the rest at this time where all the attention is given to Bitcoin, I do not think that they will return to believe in projects that did not arise due to bad decisions or centralized administrations.

Many projects have come down in this case, have not known the power and channel it to attract new investors, to maintain a project and meet their Whitepaper, if this happens I think it is best to sell, otherwise, you must Do the relevant research and even talk directly with the creators of the project and request information which, you should not deny.

[Kang TB]

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 i am 1000% agreed with you.I have sold my crap few weeks ago and got decent amount of bitcoin and already booked some profit but i will hold it for few more months.

maybe you need to hold in few more years, so you can gain more profit by holding your bitcoin my friend
for sure, bitcoin is good for long term investments, maybe after the halving even of bitcoin in the next year, the price could surpass the past highest price my friend

[poodle63]

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 i am 1000% agreed with you.I have sold my crap few weeks ago and got decent amount of bitcoin and already booked some profit but i will hold it for few more months.

maybe you need to hold in few more years, so you can gain more profit by holding your bitcoin my friend
for sure, bitcoin is good for long term investments, maybe after the halving even of bitcoin in the next year, the price could surpass the past highest price my friend

It's not. the halving will give bitcoin only 50% increase as an indicator based on how many blocks halving that will have reduced in the future. Bitcoin will not instantly increase after halving but miners must put more efforts to get bitcoin from the block and this will increase the difficulty that will make the mine will even harder and this create a little inflation that will give a huge impact to the price of bitcoin.

[Altero]

~snip..

well i am 1000% agreed with you.I have sold my crap few weeks ago and got decent amount of bitcoin and already booked some profit but i will hold it for few more months.

maybe you need to hold in few more years, so you can gain more profit by holding your bitcoin my friend
for sure, bitcoin is good for long term investments, maybe after the halving even of bitcoin in the next year, the price could surpass the past highest price my friend

Even though we know how potential is Bitcoin but we aren't sure that its price will be on that top for the coming years.
Long-term holding is not a solution to make more profits but for us to work it well. If we know in trading, then better to make it a way to see more gains rather than to keep on holding for many years.