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Author Topic: Dump the alts  (Read 1710 times)
n0ne
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May 15, 2019, 09:32:35 AM
 #141

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.
Altcoin partying will begin soon. Maybe now there is not much of growth. There is more chances for a big growth with altcoins. Some has already sold and invested into bitcoin which is a good choice, and now small downturn is happening with the price of bitcoin is taking place. We may experience a big growth by this weekend.

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May 15, 2019, 10:34:43 AM
 #142

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.
Altcoin partying will begin soon. Maybe now there is not much of growth. There is more chances for a big growth with altcoins. Some has already sold and invested into bitcoin which is a good choice, and now small downturn is happening with the price of bitcoin is taking place. We may experience a big growth by this weekend.

Yes! In fact I think its has already started but there will be some exceptions in which I think that some projects that has not performed well in terms of development or have not shown results during the previous bear market will not enjoy significant gains during this bull period. Imho,
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May 15, 2019, 10:42:46 AM
 #143

In fact this is the part of the game first spread FUD altcoins are going to zero and buy them on cheap price and than create FOMO and let newcomers to buy again on more high prices. This is very common drama which is happening at moment last month altcoins were on fire and now BTC doing the same job. I hope this rally will get started soon.
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May 15, 2019, 11:14:24 AM
 #144

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.
I do agree with you on this comment you have made.  Bitcoin and ethereum will always be favored when the crypto market is recovering.  If you have decided to dump all the altcoins I will advise that you hold ethereum , bitcoin cash and ripple out as there are definitely going to recover in no time.
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May 15, 2019, 12:58:07 PM
 #145

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.
I do agree with you on this comment you have made.  Bitcoin and ethereum will always be favored when the crypto market is recovering.  If you have decided to dump all the altcoins I will advise that you hold ethereum , bitcoin cash and ripple out as there are definitely going to recover in no time.
it's true bro Now the altcoin movement is very slow whether investors sell their altcoin assets In order to move investment into bitcoin, and I think the best investment is bitcoin Dan ethereum

MadGamer (OP)
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May 15, 2019, 01:23:59 PM
 #146


If you read the thread, you would've understood that I'm not referring to strong coins like ETH, but yeah, I doubt ETH will be 400$ anytime soon. At least, not without BTC increasing as well so If you're referring to a flippening like some people are, that's unlikely.
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May 15, 2019, 01:38:20 PM
 #147

I partly agree with you, this is the time to dump everything, alts, wives, kids, houses and even your mother to buy bitcoins!!!
Lol, I think it's too much, even though Bitcoin has a good increase, but if we have to sacrifice all the altcoins we have, I don't think it will be effective because there are still many altcoins that are still red and we must avoid selling with losses.

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May 15, 2019, 01:53:49 PM
 #148

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 point is hodl only a solid project with active developments inside the project right ?
yeah, if we talk about the price on usd terms, most of altcoins will increase, but when we see the price in bitcoin terms, the price was down
thats normal, because we know if bitcoin price rising, a lot of people will convert their altcoins to bitcoin and thats why a kind of shitcoins will dump hard even dead, only a solid altcoins will survive even groth a little bit

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May 15, 2019, 01:54:24 PM
 #149

Alts are now starting to pump as bitcoin drops.  Ripple is up over 20% and Ethereum has gotten a nice boost as well.  How long this will last is anyones guess but I have a feeling bitcoin will test the $6k level again.
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May 15, 2019, 02:12:38 PM
 #150

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 do agree that price increases in CoinMarketCap can be misleading for low volume coins - if a coin is 0.001 BTC, and BTC rises 10%, then with no trading on that low volume alt then that also rises 10% in dollar terms because it stays at 0.001 BTC.

But I differ a bit with regard to BTC and top alts. I think that any big crypto bull market tends to start with BTC rising fast, then BTC slows down and the good alts start to increase fast... so maybe my strategy is buy BTC as soon as it starts moving up, then once it slows switch to ETH/XRP and so on.






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May 15, 2019, 02:41:05 PM
 #151

I still have faith on the altcoins that im hodling, just waiting for the altseason before dumping them and get good profit even it takes 2 to 3 years

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May 15, 2019, 05:57:18 PM
 #152

No need to say haha we having sold our alt for the btc increase but of course not all are doing this but this is mostly done by many by this situation, its good to hold btc now than alts.
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May 15, 2019, 06:55:10 PM
 #153

This is not a flood, this is a valuable hint, now it’s really better to convert your coins into Bitcoin or Ether, since in relation to it it will fall, and these 2 cryptocurrencies will grow. I hope the growth will be great
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May 15, 2019, 09:34:00 PM
 #154

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.
You are only looking at the comparison between bitcoin and all the alts that have become successful over the years, but if we consider as well all the altcoins that have failed over the years and all of those that will fail you will find that when you average their results that the profits are many times lower what you could have gotten with bitcoin, to be honest the only reason I invest in altcoins is to multiply the amount of bitcoin I have and I am sure I am not the only one that thinks like that which explains why no one cares about the possible applications that alts may have since they are only looking to make bitcoin with them.
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May 15, 2019, 11:18:10 PM
 #155

This is not a flood, this is a valuable hint, now it’s really better to convert your coins into Bitcoin or Ether, since in relation to it it will fall, and these 2 cryptocurrencies will grow. I hope the growth will be great
Agree, sell alts that has no really value in the market and better hold btc. I believe in these two coins that it will going to grow these year. Better hold btc since price is growing and I believe in the coming months btc can reach the ath hopefully.
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May 15, 2019, 11:24:48 PM
 #156

Anyway, I do agree with the OP at some point. Most of the alts are not really worth holding. No matter what happens, bitcoin will survive but alts? The chance of being abandoned is very high once the developers got their pockets full. As you can see, hundreds of alts are dying yet bitcoin is still here.
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May 15, 2019, 11:34:22 PM
 #157

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.


Most of the bitcoin holder is greedy they quick sell their bitcoin, until some of people didn't understand well and use patience they panic and want to earn quick.
At this time altcoins will also become better stay cool and relax we all here to grab the opportunity of this price increase but stay your patience is already starting point of crypto bounce in the market cap.
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May 15, 2019, 11:51:01 PM
 #158

I agree with you only maintaining altcoin in the top 10 CMCs that will grow for the time being, but that doesn't mean there's no possibility that all altcoins will grow like the previous bullrun ...
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May 16, 2019, 12:47:48 AM
 #159

I think it makes much sense. Why to waste a solid opportunity of making profit with bitcoin for a profit that may happen and may not happen with altcoins? Bitcoin we know that has a future, we can't say the same about many altcoins.
Even if you think the profit with btc is low, don't risk your money with altcoins, at least you know you are going to profit with btc for now, it's warranted.

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May 16, 2019, 02:21:09 AM
 #160

It is not unwise if we will sell those crap Altcoins because we need earnings not loyalty to those altcoins that looks likes no future at all specially that their team is looks like they abandoned the project. Therefore i suggest that if you still want true earnings with the Altcoins then choose only the best Altcoins with products that are feasible to the masses as it will attract more people to invest.
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