Dump the alts

[Supercrypt]

No i won't do that because the market is showing green light  and things can get better from here out

Which green light are they showing, they are showing green light still based on Bitcoin bull run and moreover, the only coins that are showing green light are the ones that are within the top 20, which are still the major coins that will moon when the alt-season comes.

Other alts doesn’t have much to offer again, so it is best that one sells them to Bitcoin for the main time to make more profit from BTC, if at the end of the day, they are still trying to show signs of increase when the alts time comes, then we can manage to make some few more investment in those alts that are not in top 20, which I see as being risky.

[babykika2027]

maybe this is only for a few moments because it's been a long time since the price of btc hasn't moved, so many sell alt for bitcoin investment, even at low prices, plus alt.coin prices don't show any movement in the btc starting to grow, like panic selling. without knowing the actual altcoins they can have greater profit potential, everyone has their own decisions

[redsun114]

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.

If I am not mistaken, ETH has gained some value in the past few days. It is above $200 and looks great to speculate in. In addition, the rise in Bitcoin could be instrumental in raising the demand for THE as well because people generally think about ETH as the second best asset to speculate/invest in after Bitcoin which means that a rise in the demand for ETH will rise the prices as well.

[mannybitcoins]

Quite a strange situation, to be honest. Bitcoin is growing, shows some dynamics, and altcoins are flying down, and so confidently and strongly.

[coco23]

Quite a strange situation, to be honest. Bitcoin is growing, shows some dynamics, and altcoins are flying down, and so confidently and strongly.

It is a situation seen many times before. Looks at the past 4-5 years. There were many periods with Alts going down and BTC going up. Often at the end of the BTC rally the Alts see a rally against BTC. The problem is nobody knows how long the current rally will last and when the roles will be switched.

[DeepChipolino]

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.

Some altcoins began to recover. What I wrote about earlier. Perhaps soon bitcoin will continue to grow, and altcoins will continue to fall. But now it is better to wait for new money in the game. This can raise many of our assets to a new level.

[moynul2050]

many altcoins are confident that they will fly when bitcoin grows, but in fact many of the altcoins fall when bitcoin flies.
Bitcoin growth has not had much effect on some altcoins.

[EdenHazard]

Seeing the current market cryptocurrency are very interesting. Almost its price has been increasing, I see the avarage increasing price up to 10% on the top position especially NEM. As you may know the price NEM is increasing almost 30% based on coinmarketcap. But I don't think this situation will continue especially for altcoin price, its price is very susceptible with manipulation, because it could be now the price is increasing 30% but after that the price can fall more than 30%. Different with bitcoin, there is a little to be manipulation and its price will goes down if there is negative information comes. Seems like I'll agree with you, hold btc and leave altcoin if you aren't sure the price will keep on the right way.

[sehoon]

The good altcoins are starting to gain momentum as well. With the current market situation, I think people will hold a little longer and wait for its peak and starting dumping right away. This is a good chance that they make a profit from investing but it should depend on what altcoin are they holding.

[go4crypto]

Why choose between bitcoin or altcoins? It is not useful to group and treat all these coins as one investment category. There are plenty of top quality projects so better to hold both bitcoin and top altcoins.

[arpon11]

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 have many tokens that are now worthless because the developer has abandoned them and since there are worthless to me I don't think I should disagree with you in selling the few that are still have little value but I think in future are not going to survive!  I will hide to your advice and sell those coins are tokens now or convert them to some altcoins like litecoin and ethereum.  Dumping what you know are not going to make any significant progress in terms of pricing and market capitalization is the most and viable investments' decision we may make now in the face of this investments reality.

[raes]

Why choose between bitcoin or altcoins? It is not useful to group and treat all these coins as one investment category. There are plenty of top quality projects so better to hold both bitcoin and top altcoins.

you have a wise choice. where instead of making a choice on one asset either bitcoin or altcoin. why not choose some of them. bitcoin is good for the long term, and some altcoins have good growth for trading. we can benefit from both.

[monalia]

Why choose between bitcoin or altcoins? It is not useful to group and treat all these coins as one investment category. There are plenty of top quality projects so better to hold both bitcoin and top altcoins.

Project based altcoins choosing idea is too old buddy. If there is good market for one coin you may invest on that coin that is fact now. Please check the best cryptocurrencies can grow more. Some of the IEO also to good to make the investment.

If you invest your funds on cheap coins which seems dumped in the market. That coin will be increasing for the marketplace.

[Seeker#9]

Some of the developers of thses coins that are failed to follow its roadmap might encountered a problem that neededto be solve first and this is one of the reasons why the coin's price failed to go up. Others are struggling to go up because many investors and bounty hunters have sold the token after it hit the exchange. But some of these alts recovered later after their developers continues to improve the tokens. Some alts dumped temporarily but the others may delisted later due to inactivity of price.

[playboy654]

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.

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.

[traderethereum]

Why choose between bitcoin or altcoins? It is not useful to group and treat all these coins as one investment category. There are plenty of top quality projects so better to hold both bitcoin and top altcoins.

you have a wise choice. where instead of making a choice on one asset either bitcoin or altcoin. why not choose some of them. bitcoin is good for the long term, and some altcoins have good growth for trading. we can benefit from both.

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.

[HBBZ]

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.

[NavI_027]

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 .

[seleme]

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.

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.

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.

[freedomgo]

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.