Dump the alts

[perla]

I think this is a pretty standard thing, because Bitcoin is now growing and finally shows at least some dynamics , investors like it and they invest in it.

Standard means that's really happening, well, I am not sure, the market sentiment changes from time to time.
Altcoins does not dump anymore, so there is no reason to dump it, bitcoin is rising and altcoins will follow, patience is needed to benefit on this.

Maybe it will be good to happen. Because what people do when bitcoin price get pumped is different each other. There are some people who sell their alts and take profit in fiat with bitcoin and there are people who hold it.

[Milamol]

.................................................
Investing in the Bitcoin is a wise intention and dumped altcoins have a small effect on the BTC pump. Idea is to understand the market cycle:
Simple cycle: Bitcoin pumps -> cash flow ->Altcoins. Price dumps ->  cash flow -> Altcoins In all cases altcoins don't have enough volume for protecting their value without considering the demand.

Everything has its time. The rise of bitcoin will attract new people to crypto. Later, they will begin to see potential in some altcoins. This will cause an increase in altcoins. Therefore, you can add to your chain -> new money, a small dump of BTC and ETH, the rise of altcoins.

[South Park]

That is what we need to do in these situations.
We are now can hold both bitcoin and altcoin because bitcoin and altcoin will increase later so it will worth if we can be patient at this moment.
As long as you can choose the right altcoin, I am sure that you can make a profit and you can have the investment in the altcoin section besides bitcoin investment.

You can do it if and only if the altcoin you are holding right now is not a proven shitcoin. In my case I hold btc and I also have 100 ZAP tokens, ever heard of that? Probably not. I got it from a signaturw campaign way back 2017, it still in my MEW but i have no longer intentions for it. I just choose to forget about it. You know what? If I had a chance to dump this shitcoin, I definitely will. However, I don't think it was listed on the exchanges that's whay it remain stuck .

Choosing the right altcoin is becoming more problematic with each day that passes, I do not have any statistic about this belief I have but I will speculate that the number of altcoins created over the last weeks has gone up, scammers are seeing that more people are interested in the market and they are trying to take advantage of this opportunity which means the number of shitcoins is going up, and as an investor that only makes my job even harder, things are so bad that long time ago I decided to stop investing in new coins regardless of how good its concept was since I cannot risk being scammed.

[kemetz]

we cannot say this is the reason plainly to dump the the altcoins in this situation because Bitcoin is developing right now and moreover people like to invest in it the demand only decides the price I think that's why it is not going good well.

it all depends on the altcoin that you hold if you think they have good potential for growth, then you should keep holding the altcoin and if you want to invest in bitcoin, use other capital.
but if it turns out that the altcoin you hold does not have any potential even when the altcoin pump and the coin do not experience significant movement, it is better to throw the altcoin to switch to bitcoin or maybe to other altcoins which have better growth potential.

[HichemFetoui]

i don't think you are right instead now is the best time to invest in alts coin a lot of good projects are undervalued right now good luck for you in your future decesions but try to diversify as well

[starblocks]

This is good advice because it's completely unpredictable if the entire market will benefit as greatly as the leading two assets Bitcoin and Ethereum from any further appreciations that may occur and if you are wanting to diversify your portfolio just make sure you choose either well established projects that are top ranked as recommended or any asset that has a strong use case and a well developed strategy to achieve further adoption

[Reatim]

I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

I guess this is what investors did From the start of this month until the mid since bitcoin dominance continued to grow and many altcoins has almost didn’t move from that certain time
But today looking at the chart I think altcoins supporters turns back and re invested on their favorite coins as we can see they are now moving together as bitcoin moves ups and downs for the past weeks
this indicates the balancing of the cryptocurrencies and this is one good indication of healthy market and bull running is just around the corner I guess

[tadpole_bitfrog]

I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

I and most people know that keeping BTC is safe and will bring good returns over time. But for higher profits, we need to have high-risk investment missions. Everyday you can see there will be a few altcoins that increase from 30 to 60% and even 100% - 200%.
  We really can't ignore it in the crypto market. We need flexibility and constant strategy changes to get the highest profit.

[stadus]

I think this is a pretty standard thing, because Bitcoin is now growing and finally shows at least some dynamics , investors like it and they invest in it.

But dumping alts for that? this is hard for those who have accumulated alts during early 2018 as it's price that time is still lower compared to the current price. Maybe for some who have accumulated alts in the last quarter of 2018, they can dump now and ride with btc.

Actually I think, altcoins and bitcoin will rise, the only difference is the time frame as bitcoin will certainly go first then altcoins will follow.

[shoreno]

I think this is a pretty standard thing, because Bitcoin is now growing and finally shows at least some dynamics , investors like it and they invest in it.

But dumping alts for that? this is hard for those who have accumulated alts during early 2018 as it's price that time is still lower compared to the current price. Maybe for some who have accumulated alts in the last quarter of 2018, they can dump now and ride with btc.

Actually I think, altcoins and bitcoin will rise, the only difference is the time frame as bitcoin will certainly go first then altcoins will follow.

If they buy altcoins on the year 2018 then their alts have already grown alot by this year and there is nothing wrong on selling some  . Maybe the guy above you means that dump the alts and take profit and then invest in btc while its hot . Thats a nice strategy btw because btc is still actively fluctuates which means we can still buy when it declines and it does not take time to increase and recover until it fully pumps and start another bull  .

[iamzill]

I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

that is true and real now, the BTC price has increased but the altcoin price cannot fully increase. this may still require a lot of processes to be able to increase the altcoin price again, now the price of altcoin is a lot of dumps and whether or not they can increase

[CutePanda]

I think this is a pretty standard thing, because Bitcoin is now growing and finally shows at least some dynamics , investors like it and they invest in it.

But dumping alts for that? this is hard for those who have accumulated alts during early 2018 as it's price that time is still lower compared to the current price. Maybe for some who have accumulated alts in the last quarter of 2018, they can dump now and ride with btc.

Actually I think, altcoins and bitcoin will rise, the only difference is the time frame as bitcoin will certainly go first then altcoins will follow.

I also think the same way, we cannot dump altcoins so easily because it was growing so much comparing to early 2018.
But apparently it's also depend on someone's strategy, if they are dare to sell altcoins and buy another bitcoins, why not.

[IvugeoEvolutionCoin]

This is good advice because it's completely unpredictable if the entire market will benefit as greatly as the leading two assets Bitcoin and Ethereum from any further appreciations that may occur and if you are wanting to diversify your portfolio just make sure you choose either well established projects that are top ranked as recommended or any asset that has a strong use case and a well developed strategy to achieve further adoption

I don't believe it's still a good advice from the poster. There are several other good coins asides bitcoin and ethereum which are worthy of a long hold. I will rather opine that the investor focuses on substance than current price. These valuable gems will be worth much more in the future

[Adriano2010]

Is not good in my opinion to dump the alts because can make the price going lower and this can affect over time the price and if a bull run coming than most people will lose if they dump now.

[darojat99]

hold on to your alt and trust the token that we can grow rapidly to hold up to the moon  and help share with investors to accelerate development even though now there are parties who want to buy cheap don't sell cheap your altcoin is very valuable, key to success is patience

[rdbase]

Now isnt the right time to dump anything because the movement of the coin which influences them all has been doing good as of late.
Cause if you dump now your profits for holding on to them for this long will diminish because bitcoin hasnt finished its ongoing rise just yet.

[coinluisa]

I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

Much better to hold the coin that you know will grow like now that bitcoin is growing and feel that alts will be follow to bitcoin. So hodl it for now, we know that it's hard to predict what will be the price of coin so be observer too.

[Capt00]

I'm not here to spread FUD before you start throwing accusations at me. I'm just saying though, Bitcoin is increasing in price, and it's probably a very wise idea to sell your coins and hold BTC at this point. I'm however not referring to alts like ETH, Tezos, LTC and the other solid ones out there. I'm mostly referring to the projects that have not followed the roadmap and didn't manage to deliver and let's be honest, there are plenty. Probably anything not in the top 15 in CoinMarketcap is not worth investing it (with few exceptions).

And apparently, there is some confusion within the community about price increases in CoinMarketCap and people think that everything is going up right now, which is not the case. The green numbers you're seeing in the price page don't represent much. If you click on the coin though, you'll see the price in Satoshi... that's the one that should be increasing.

Much better to hold the coin that you know will grow like now that bitcoin is growing and feel that alts will be follow to bitcoin. So hodl it for now, we know that it's hard to predict what will be the price of coin so be observer too.

We are apparently seeing some altcoins moves higher but the others still sleeping dead. If you have no patient, will actually made a decision to sell. That is the common problem right now, and we can't stop them cause in the first place, it is just a waste of holding those nonsense coins too long without expected returns, better to sell it and invest into different coins. Maybe it will be good by then.

[bangdol]

We are apparently seeing some altcoins moves higher but the others still sleeping dead. If you have no patient, will actually made a decision to sell. That is the common problem right now, and we can't stop them cause in the first place, it is just a waste of holding those nonsense coins too long without expected returns, better to sell it and invest into different coins. Maybe it will be good by then.

but the altcoin condition is not bad now, holding it back first I think there is still a possibility to still get a profit. the market still looks positive even though several times there has been a correction in prices on the market. keep calm and just watch the market movements, it will be better than immediately selling and switching to other assets.

[rose9696]

Most of alternative coins are not for long time profits, just make as most as you can while the hype is still much about the coin and dump it asap to avoid being caught in the loss.

I agree with you. altcoins or current tokens are usually not reliable businesses and it creates only to dump and dump. I am quite concerned about this and I think the low and high selling strategy should be applied more in altcoins outside the top 50 of CMC.
Then we should take profit to buy BTC or ETH and hold it. It's 2 coins I appreciate very much and it can bring in a profit of 200-400% in a few years.