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Author Topic: Dump the alts  (Read 1708 times)
Shatterlean22
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May 14, 2019, 05:39:20 AM
 #101

Bitcoin will be the only one with better profits for sure but that doesn't mean altcoins won't surge in price and don't expect all altcoins to follow the upthread real quick,its not altcoins season yet but altcoins season will return soon

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Gabmot
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May 14, 2019, 05:44:09 AM
 #102

I also think, it Is a wise idea to hold Btc at this point time. Am quite amazed at how things are moving really serious for Btc in particular. And like you said, there is no sharing FUD anywhere, it's the bitter truth of the moment
MadGamer (OP)
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May 14, 2019, 08:43:32 AM
 #103

I will go will what I have always known, anything showing green means its gained and doing well.

It's not necessarily the case, especially If you're looking at the first page. If we take a look at Litecoin for example:



The only reason why it's showing green is that Bitcoin went up but If you look at the price in Satoshi, it's going down and that's exactly what you should be looking at.
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May 14, 2019, 09:05:49 AM
 #104

In my opinion this lag altcoins said that BTC are just inflated. I think that in the near future either altcoins will make up for the backlog of Bitcoin again, or the price of Bitcoin will collapse down, which is a more realistic scenario in my opinion.

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May 14, 2019, 09:07:55 AM
 #105

Well, as we notice these days bitcoin really increasing its value and also some other alts like etherium did as well. It seems bitcoin showing a motive to commit a skyrocket before the of this year. If I wish to hold bitcoin it was before when it was still around $3,000, but unfortunately I haven't yet capital to spend buy bitcoin. So for those who have, I think its yoyr time to invest in bitcoin while its yet starting to rise.
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May 14, 2019, 09:20:50 AM
 #106

it is correct but if you have small funds, you need to get risks, therfore alts will make you the money, but if you have enough funds , you cam move to Bitcoin from alts.
ttcsalam
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May 14, 2019, 09:33:21 AM
 #107

You are right, but I think the price of alto coins, especially in  ETH or Top 2/4, certainly will increase. Besides, the rest will increase prices gradually.

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May 14, 2019, 10:22:13 AM
 #108

I myself was surprised that the cost of altcoins has been declining for several weeks in relation to Bitcoin. As far as I know, altcoins have always sought in the Wake of BTC. I'm not an expert, but I think this means that the value of Bitcoin is growing because of the pump and very soon it can collapse.

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Jpt
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May 14, 2019, 10:34:40 AM
 #109

Bitcoin is a king coin and investing in it is worth and there is less risk of investment. Compared to altcoins, its price is little bit stable and lately is increasing. It has made such impact in the people that the people consider bitcoin when it comes to talking about cryptocurrency. The coin has been accepted widely across the globe. I do not agree with your another argument. Only top 15 coins in the coinmarketcap is worth investing. There are many coins not in the top 15 coin rank that are worth investing in the market. The coins have sound and strong team, technology and goals.
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May 14, 2019, 12:04:28 PM
 #110

I know what you mean OP, based on the coinmarketcap, bitcoin has a big increase so far in crypto market. Altcoins like ethereum, bitcoin cash, litecoin and other altcoins also increase but not as much as bitcoin. If you want to get maximum profit then choose bitcoin like what OP said.
for me this opportunity will exchange bitcoin to altcoin, because it hasn't started bullrun yet. so that you will get more profit. but indeed if you choose a safe one you can faithfully invest in bitcoin

Yeah it can go either way, btc won't be pumping the whole year, that's for sure, and then alts that are extremely down today would then start making a run of their own. I wouldn't drop all alts i have now though i will be exchanging a lot to btc but you also have to prepare and make contingencies in case the wheel turns the other way. Then the alt stash i have will have it's turn at making their own run.


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May 14, 2019, 12:08:59 PM
 #111

OP's advice is sound but I think folks are mixing up 2 different things here.

If you want to store value and hold for the long term, Bitcoin is probably the way to go.

If you want to GROW then altcoins are the way to go. Bitcoin has valuation potential of 5X in several years.

Some alts like BAT are ready to explode 30x easily when their final product goes live.

As always measure your risk x reward.

Incredible as it may seem, Bitcoin today is the more stable crypto while alts are the wild rides.

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May 14, 2019, 12:19:09 PM
 #112

yeah very tough day, when Bitcoin price is increased Altcoin will automatically adjusting the price to $dollar, many people are losing Bitcoin not dollar. we shouldn't trade Altcoin when Bitcoin price were fluktuatif.
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May 14, 2019, 12:46:44 PM
 #113

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.

In my opinion, besides the recent positive signals from the market, according to me, the Binance exchange is being attacked by hackers and the blocking of the withdrawal of Coin is the main reason for this price increase.
However, with the Coin trading on the dollar exchanges, when you see it green on Coinmarketcap it has increased in price. But there's no need to compare with Bitcoin's sts.
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May 14, 2019, 12:50:26 PM
 #114

I myself was surprised that the cost of altcoins has been declining for several weeks in relation to Bitcoin. As far as I know, altcoins have always sought in the Wake of BTC. I'm not an expert, but I think this means that the value of Bitcoin is growing because of the pump and very soon it can collapse.

I agree with you in part. Perhaps due to the effect of Binance exchange locking deposite and withdrawing Coin leading to this increase. When Binance floor opens again, the market will probably plunge
But I hope it will go up
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May 14, 2019, 01:30:47 PM
 #115

Your opinion are very ok and specific it seems the Bibance incidents yield a positive result in the crypto community but, am a kind of worried despite the positive effects because no one knows what will happen when Binance finally open to operations. That is why we gat to do everything wisely since we all know the risk involved in crypto take decision that suit you no because you some one said it with you confirming it.
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May 14, 2019, 05:36:17 PM
 #116

but the fall in altcoins in price relative to Bitcoin is temporary. when bitcoin growth will slow down people will start to buy altcoins and then we will see a bull run of the altcoin market
Exactly, the same was also in last year. In December 17, bitcoin reached its ATH and later when it was becoming weakene, altcoin started to rise and reached ATH at January 10 for all.

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May 14, 2019, 05:50:48 PM
 #117

but the fall in altcoins in price relative to Bitcoin is temporary. when bitcoin growth will slow down people will start to buy altcoins and then we will see a bull run of the altcoin market
Exactly, the same was also in last year. In December 17, bitcoin reached its ATH and later when it was becoming weakene, altcoin started to rise and reached ATH at January 10 for all.
I am also confident in the growth of the Altcoins. For a simple reason, the Altcoins are now worth a penny and it is very profitable to buy them.

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May 14, 2019, 06:01:27 PM
 #118

This idea is not new. I have already seen periods of the beginning of Bitcoin growth several times, and as I recall, as the price of Bitcoin rises, the price of altcoins always began to fall. This is due to the fact that many investors are starting to switch to Bitcoin as the most reliable and, at the same time, rapidly growing asset at that time. This time there is no such thing.

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May 14, 2019, 06:14:09 PM
 #119

Mybopinion is that many crypto investors are already dumping other less popular alts for the likes of btc and eth that is the reason for the rise in the top cryptos, other alts are dunking. IMO it may not be a very good advice for those who wish to break even on their past great losses

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May 14, 2019, 06:49:12 PM
 #120

If so, for one reason only. Everything was done solely to buy altcoins at super cheap prices. That is why I think the prices were artificially lowered. As soon as the prices of these altcoins increase, we will understand why all this has been done.
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