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Author Topic: Dump the alts  (Read 1708 times)
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May 14, 2019, 06:54:10 PM
 #121

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.

Always what you just affirmed is what happens, in fact, one of the reasons why always when bitcoin rises and the altcoins go down is by this same fact, most people or operators do not want to miss the movement, in fact the Most speculators including small whales.

The important thing of this is, that at the moment of bitcoin of the first correction turn, many speculators and investors decide to make the move to buy altcoins, since they are much cheaper and they know that if the bitcoin goes up, the altcoins will start to go up, this is a logic of the market that very few know.

To fulfill these expectations it is always necessary to emphasize that it always turns out to be successful when the bitcoin is in bullish trend stage, because when bitcoin falls for its recession it will not continue to fall, this is the guarantee that it is good to analyze and know when we are in trend bullish not to make mistakes in investments or financial decisions.

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May 14, 2019, 07:09:43 PM
 #122

LOL, if you take such advice from anyone does not matter who is and sell alts for btc, what is gonna happen you know? Alt season will start and repeat that till you many coins to whales.

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May 14, 2019, 07:12:20 PM
 #123

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.
I have been thinking so too that binance paused on withdrawal and deposits contributed to the current price of most cryptocurrencies in the market bit even at that bitcoin price was already on the increase before the hack incident on binance but the rate of the growth of the price increase significantly after the accident, but that will not be enough reason to sell out your altcoins in panic that it may lose it value soon.
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May 14, 2019, 07:14:03 PM
 #124

it is the right decision if you have more altcoins than the number of bitcoins, it is good to swap them and survive with bitcoin, but not all of them can make that decision because they have different views. for me to exchange altcoins for bitcoin for the time being is a good decision.

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May 14, 2019, 07:14:13 PM
 #125

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 agree with you. It is very important for the project to follow the roadmap and deliver in time. Yanu.ai is one of those projects Wink
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May 14, 2019, 07:14:47 PM
 #126

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
unpopular altcoin especially token dumped by holder.they prefer to hold bitcoin or major coins in market in order to recovery they initial balance after loss alot in long bearish market.and if bitcoin reach its peak performance they could sell it and switch to their token to get more amount.
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May 14, 2019, 09:39:15 PM
 #127

Unlike in the past where most of the newly listed coins has high price, many of the new coins has very low price they first listed in the exchange. Both bounty hunters and investors contributes to price dumps when sell the coins. Even those new coins with big potential to go up in the future are experiencing dumps in their prices because of the early profit-takers. The continuing uptrend of bitcoin will also affect the price of the altcoins because many people will shift their funds to the top cryptocurrency.
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May 14, 2019, 09:54:46 PM
 #128

Unlike in the past where most of the newly listed coins has high price, many of the new coins has very low price they first listed in the exchange. Both bounty hunters and investors contributes to price dumps when sell the coins. Even those new coins with big potential to go up in the future are experiencing dumps in their prices because of the early profit-takers. The continuing uptrend of bitcoin will also affect the price of the altcoins because many people will shift their funds to the top cryptocurrency.
If we are a smart person, I will never be wasting my time in investing bounty tokens than of the existed ones. Bitcoin has its magic and no doubts that people will choose this coin rather than to look for another. They'll have the opportunity to gain and why we shouldn't take this advantage.
May this time people are too strong with bitcoin alone that is why Bitcoin has its high price than of altcoins.



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May 14, 2019, 10:24:08 PM
 #129

it is the right decision if you have more altcoins than the number of bitcoins, it is good to swap them and survive with bitcoin, but not all of them can make that decision because they have different views. for me to exchange altcoins for bitcoin for the time being is a good decision.

if you look around, long-term investment in altcoin will be more profitable than bitcoin because the price is cheaper and if you experience a significant increase you will be able to get multiple profits, but unfortunately, not all altcoins have good potential in the future.

in the current situation, only Bitcoin is clearly not doubted for its growth even though it has experienced a very deep dump but is able to return its value to its highest figure, but all of that must patiently wait a little longer.

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May 14, 2019, 10:24:50 PM
 #130

Unlike in the past where most of the newly listed coins has high price, many of the new coins has very low price they first listed in the exchange. Both bounty hunters and investors contributes to price dumps when sell the coins. Even those new coins with big potential to go up in the future are experiencing dumps in their prices because of the early profit-takers. The continuing uptrend of bitcoin will also affect the price of the altcoins because many people will shift their funds to the top cryptocurrency.
If we are a smart person, I will never be wasting my time in investing bounty tokens than of the existed ones. Bitcoin has its magic and no doubts that people will choose this coin rather than to look for another. They'll have the opportunity to gain and why we shouldn't take this advantage.
May this time people are too strong with bitcoin alone that is why Bitcoin has its high price than of altcoins.
if so, is the current increase in the price of bitcoin also because many investors are beginning to realize that searching for ico tokens does not profits, and finally they return to bitcoin simultaneously, which causes the price of bitcoin to return to its peak.
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May 15, 2019, 05:46:11 AM
 #131

Lolz seems like you are here to cause bad business for the new altcoins the market if not how can you be advising people to dump their coins, lol… doing that will lead to most altcoins falling and stopping business. Well, right from time I don’t even have the time for those poor coins , my choice has always been the top coins. It’s even difficult to find the top twenty in my list. I mainly choose and invest from the top ten on coinmarketcap list. And right now the only coin I have is Bitcoin and I have been able to make good profit since the price has been going, like about 20% or so.
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May 15, 2019, 06:28:06 AM
 #132

I think this  is not fraud. But beside of all, we must think to make ourself profit. If think about other altcoins that get dumped and it not grow again, well it is depends on developers who behind it. And traders naturally do something like this, any strategy to make profit.

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May 15, 2019, 06:35:26 AM
 #133

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.



well this is good for some people who lack understanding and experience in investing or trading.
I don't think that all altcoins will grow to be mostly shitcoins that the developers are dumping. Bitcoin has grown in recent weeks but this will not make most altcoins follow its growth.
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May 15, 2019, 06:36:07 AM
 #134

altcoin doesn't look positive this time despite market up conditions especially for bitcoin, I don't know why this is the case, now we can only see and wait until the altcoin follows the bitcoin pump



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Rainbot
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May 15, 2019, 07:06:26 AM
 #135

LOL, if you take such advice from anyone does not matter who is and sell alts for btc, what is gonna happen you know? Alt season will start and repeat that till you many coins to whales.
yes I like the thought of you master. the results of my fields are a lot of altcoin investments. selling altc for BTC is good. if the price of bitcoin goes up significantly all altcoins will follow their potential even though it is not high. and it has taken advantage of altcoins

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May 15, 2019, 08:12:07 AM
 #136

Thanks for the concern, but I am not dumping my alts anytime soon.
The marketcap increase due to the main effort of bitcoin, we can easily see that as the dominant rate have increase significantly also.
Altcoins are down even more than 10 times, dumping it now is a bad idea, HODL does not only apply in Bitcoin but in altcoins as well.
Anyone that really saw what altcoins performed in their last bull run will really find it difficult to dump their coins, from 6 altcoins, I have gotten over $20,000 when the last alts surge occurred, but that was then, before projects became too much in the market and that was the time even bounty campaigns were really paying.

During that time, $1500 gotten from a campaign could multiply to about $7500, but now even if the alt season comes, people will spread their investment evenly and not concentrate it on one particular coin that would make the coin see extra ordinarily increase in its value, so for now, it’s best to still dump them for BTC and we can later invest back during their time.

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May 15, 2019, 08:57:18 AM
 #137

if disposing of altcoins that are not included in the garbage project from ICO seems to be a mistake, bitcoin has increased and now everyone has also been trading their altcoins to wait for the altcoin party.
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May 15, 2019, 08:59:05 AM
 #138

Maybe now (and a little earlier) it would be good to sell altcoins for Bitcoin. But now it is difficult to do. BTC has already grown strongly. The correction may start at any time. This may cause some altcoins to rise to BTC.

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May 15, 2019, 09:11:55 AM
 #139

Maybe now (and a little earlier) it would be good to sell altcoins for Bitcoin. But now it is difficult to do. BTC has already grown strongly. The correction may start at any time. This may cause some altcoins to rise to BTC.
We have still time for Bitcoin investment because again little drop in current market but it will forward at anytime. So those are active in crypto market they will earn good profit in Bitcoin and altcoin, But raising percentages from both are different so better you can buy Bitcoin is the good decision.

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May 15, 2019, 09:32:27 AM
 #140

Maybe now (and a little earlier) it would be good to sell altcoins for Bitcoin. But now it is difficult to do. BTC has already grown strongly. The correction may start at any time. This may cause some altcoins to rise to BTC.
We have still time for Bitcoin investment because again little drop in current market but it will forward at anytime. So those are active in crypto market they will earn good profit in Bitcoin and altcoin, But raising percentages from both are different so better you can buy Bitcoin is the good decision.
Buy when the price was reaching the peak price? i think you are joking even when you say that will even better and buy at the peak price is too risky. remember this when someone sell his alts to get into the bitcoin bull and he will be loosing his funds caused by the whales are dumping it and get back to altcoin, when that guy dump his bitcoin for altcoin and then whale move from altcoin to the bitcoin. this is really difficult thing to speculating about where market will go.

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