Dump the alts

[MadGamer]

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.

[kindbtc]

I agree with you and i think with current market conditions and btc flying its better to hold btc or at max eth only because these two will be the first ones to boost when market sees increasing volume and fomo.

[MirkoIta]

I partly agree with you, this is the time to dump everything, alts, wives, kids, houses and even your mother to buy bitcoins!!!

[tsaroz]

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.

The crypto market is hard to predict and depending on just a single coin could have negative consequences.f you have a diverse portfolio, it would be wise to hold what you have or even start selling the coins which are in profit.
Diversification is not only a financial buffering for yourself but also is an contribution to the development of crypto industry.

[hongus]

I do not know . Bitcoin growth can be triggered by simply moving assets from alts to major coins. Because I see how some altcoins, despite growth, lose 50%. I really don't like it. It all looks like an artificial growth of the market.

[Rufsilf]

We all have noticed it dude and we may think that the market today and its trend is having a bit different from the past.
Unlikely, we are able to see the entire market will turn into bullish but it only appears that BTC has huge inclines than of altcoins.
It may be we need some hypes to make the entire market grow as what it usually happen previously.

[bolshojkush]

I agree that there are too many projects and most of them are empty. But we must not forget that it is better to invest only 10% of your portfolio in one cryptocurrency, even from the top 15, otherwise you can stay with nothing.

[Adriano2010]

Is a good idea but always should not sell all altcoins for bitcoin, because maybe on bull run if will happen now we can have a good chance for some altcoins to grow more.

[Galantin]

I think the bull can cause problems not only for working altcoins. But also in new projects. Who wants to invest in the growth of Bitcoin in a new project ... I think this will greatly affect the market. Projects will have to be moved so that investors stay with them.

[zeingrind777]

I agree. When Bitcoin is being pumped, Alts ranked 11 and above have no change. It's better to switch Alts to BTC and hold it back than withhold Alts which only have a slight movement

[semobo]

I agree with you and i think with current market conditions and btc flying its better to hold btc or at max eth only because these two will be the first ones to boost when market sees increasing volume and fomo.

Will happen only if the prices of bitcoin increased too much from the lower bottom, current value might not reaches that much amount but already can see some dump on bitcoin as well for the last hours which is a sight of buying altcoins?

[kiwoh123]

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.

yes it is the right choice for the current situation, the dominance of BTC keeps going up and alt alt down, it's time to sell altcoin.
i think when binance opens the deposit alt will drop again.

[Nalbo]

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.

With the price of Bitcoin high, it could be the best time to buy promising alts. With the same amount of BTC, you can buy more amount of alts than you could have yesterday and as BTCs price is highly fluctuative, there are alts that shows higher degree of stability and return of profit.

[mindrust]

The liquidity of alts is fake. What you see on CMC are fake numbers. If their liquidity can be faked, their price can be too. You'll realize your mistake when you try to dump them at the top. Only a few people can do it and those usually are the people who manipulate the prices in the first place.

Stay with the most liquid BTC if you don't wanna get scammed.

[hrunya102]

All my experience tells me that when I try to make smart investments, it turns out the opposite, so I just diversified my investments.

[trade2winnn]

If you remember the market,then this situation is such that when bitcoin grows,it turns out that it first presses the Viola,and then it settles at the level of one,and then all the altcoins begin to grow very strongly and well,so I see that soon the viola will shoot strong

[cahkalem]

All my experience tells me that when I try to make smart investments, it turns out the opposite, so I just diversified my investments.

thats right, i agree with you buddy
diversified your investments is a good idea in all market conditions because thats will reduce the risk of investing my friend

[makerst]

I think that the idea as a whole is correct, but maybe people do not quite care about prices at BTC, people may be interested in prices in USD, this is quite likely, especially if people do not adhere to the cryptocurrency world as a whole. I think that there is no point in selling anything at all, but temporarily.

[Altcoinrusher]

I guess we should dump the alts when the price is right since its a little bit too early right now to sell them because all of them had severely dropped in price due to the recent bear market. The best option for alt hodlers is to wait for the right time when prices have recovered before selling it based on your acceptable price.

[darkangel]

You have done well but what you have forgotten to tell us is when to exit bitcoin after selling all our alts. In this market, giving investment advice is very crucial and must be disseminated carefully to avoid being blamed for failures