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Author Topic: Sell All Altcoins For Bitcoin?  (Read 972 times)
asyakashi
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June 22, 2019, 09:25:21 PM
 #81

When bitcoin rises, all altcoin holders choose to secure their assets and hold fiat or bitcoin. this is a cycle that everyone must know, especially traders.
but the advantage is that we can choose the cheapest altcoin to buy, and hold for a few percent profit.

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June 23, 2019, 05:58:21 AM
 #82

it's too risky to sell all altcoins and hold bitcoin, but I think the risk of holding a bitcoin is not as big as holding an altcoin. Bitcoin has proven to have great prices and great potential. maybe if now the altcoin held is an altcoin that might have a low price I don't think it's a problem to sell altcoins and buy bitcoin.

Actually it's not too risky if we have considered it very well. But if I become an OP, I might break my money into three parts to buy bitcoin, bitcoin cash, and BNB. I also used all my money for bitcoin, and at that time it was fortunate enough to go up in price. Altcoin is influenced by bitcoin and when bitcoin goes down the altcoin will also go down, so it's the same if you hold bitcoin or some altcoin because the price will go down too.

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June 23, 2019, 07:00:49 AM
 #83

I think it might be too late. After BTC pump we will definitely see altcoins bullrun. So you just can miss this as no one don't know when BTC stops, while altcoins will make much more xx (espesially new promising coins with small cap)
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June 23, 2019, 08:36:26 AM
 #84

for now there may be many who do that, sell altcoin assets and exchange them for BTC. because of seeing high prices of BTC. but now the altcoin is starting to rise, and there is a possibility that the altcoin will grow bigger and make those who release altcoin regret it.

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June 23, 2019, 08:53:54 AM
 #85

I think it might be too late. After BTC pump we will definitely see altcoins bullrun. So you just can miss this as no one don't know when BTC stops, while altcoins will make much more xx (espesially new promising coins with small cap)
you're right, i also think like that. for now, I think about holding back ETH. well, when the price of ETH rises, I think it will become a bullrun for other altcoins. for now, I also prefer to hold assets in the form of altcoins. I think it's too late to sell everything for bitcoin.
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June 23, 2019, 09:01:41 AM
 #86


Actually it's not too risky if we have considered it very well. But if I become an OP, I might break my money into three parts to buy bitcoin, bitcoin cash, and BNB. I also used all my money for bitcoin, and at that time it was fortunate enough to go up in price. Altcoin is influenced by bitcoin and when bitcoin goes down the altcoin will also go down, so it's the same if you hold bitcoin or some altcoin because the price will go down too.

Bitcoin I totally agree. But why on earth would you buy an altcoin fork of Bitcoin? You do realize that nobody uses BCash except all its own people who of course had more money to spend than others (because of their forks?).

And BNB is not even a crypto. I'd never spend any thought for investing in something like that. BCH and BNB if their owners do something drastic your coin is finished.

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June 25, 2019, 11:58:19 PM
 #87

Yes, this is a better idea! Bitcoin growth level is far better than altcoins. Holding Bitcoin is always the best decision! You can't be sure about altcoins growth, because most of the time they depend on Bitcoin! Who sold altcoin and bought bitcoin 10 days ago, they got a very profit already!

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June 26, 2019, 02:25:33 AM
 #88

I sold almost all altcoins and always do so with a large growth of the BTC. It's never too late to buy it back.
In my opinion it's an inappropriate action, even though the bulls are happening, not only bitcoin who experience price increases right? even a lot of altcoins also experience the same effect, even the price changes can be much higher than bitcoin. Moreover diversify not only give you big profits, but reduces risk also, I won't use all my capital and be centered on bitcoin, I will definitely divide it to another altcoin
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June 26, 2019, 06:33:43 AM
 #89

Wellllll
If you think that bitcoin might stop bull push, you don't sell now because Bitcoin has actually going up for almost 2 fold since $6,400
While most alts either drop by 10% or just remain their price in $ but not BTC/ETH if you bought with btc/eth

I would like to say if you believe that the market of alts could soon turn ever, just hold onto it
Else you would most likely regret when Alts market cycle starts
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June 26, 2019, 06:41:18 AM
 #90

I sold almost all altcoins and always do so with a large growth of the BTC. It's never too late to buy it back.

Like the rapid growth of the BTC stopped, you can look at the altcoins
Just stop your fucking nonsense-useless spam post. There is no way for a coin just stopped less than in a day.

And BNB is not even a crypto. I'd never spend any thought for investing in something like that. BCH and BNB if their owners do something drastic your coin is finished.
If BNB isn't crypto, why this coin listed on CMC and has 5 billion dollar as total supply?

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June 26, 2019, 06:47:24 AM
 #91

Now, this is not the right situation to sell them in the market, now the price of Bitcoin increased a lot which the value of altcoins going down in the market and it will not help us to make money. So instead of selling them for cheap better hold it for another 2 months to make huge amounts of profit.
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June 26, 2019, 07:17:13 AM
 #92

Yes, this is a better idea! Bitcoin growth level is far better than altcoins. Holding Bitcoin is always the best decision! You can't be sure about altcoins growth, because most of the time they depend on Bitcoin! Who sold altcoin and bought bitcoin 10 days ago, they got a very profit already!
I agree with your opinion, because now holding bitcoin gives a big advantage, it's far different from holding an altcoin. The increase in altcoin feels very slow.
But holding 100% bitcoin in my opinion also has risks, because if the price drop is so drastic that anyone can experience big losses, in contrast to the slower decline in altcoin.
So, it's better to invest divided between bitcoin and altcoin, where the investment percentage must be larger bitcoin than the altcoin .

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June 26, 2019, 07:46:38 AM
 #93

I sold almost all altcoins and always do so with a large growth of the BTC. It's never too late to buy it back.
The price of bitcoin increased drastically and other altcoins were left behind.

Thus its normal for other crypto enthusiasts to think its wise to switch their altcoins to bitcoin but IMO I wont sell everything especially if you are holding eth, litecoin and bitcoin cash.

These coins has potential and will grow in the future, it takes time so be patient.


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June 26, 2019, 08:28:48 AM
 #94

I think if you sell the loss because of your decision and everything back to you, what you buy and sell depends on your point of view and calculation, I will only buy where the altcoin has a pair on USD, because it will obviously follow the price of bitcoin go up
Let's see a small example is ETH, where all exchange sites always open ETH / USD pairs as well as BTC / USD, here we need to focus on collecting USD or BTC, if you focus on multiplying on USD I think choosing ETH is right

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June 26, 2019, 09:01:20 AM
 #95

It is tempting to sell altcoins for Bitcoin, as Bitcoin is dominating the market and altcoins are plumetting against Bitcoin. The strongest altcoins are falling too compare to BTC. But i think one day this might stop and we should see a reversal after.
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June 26, 2019, 10:38:34 AM
 #96

your speculation is very good for crypto investment but it is true now that investors in my opinion are selling their altcoin assets to buy bitcoin, because bitcoin is now fast rising this is very profitable for investors, I see the altcoin growth is very slow and very different from 2017

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June 26, 2019, 12:38:49 PM
 #97

your speculation is very good for crypto investment but it is true now that investors in my opinion are selling their altcoin assets to buy bitcoin, because bitcoin is now fast rising this is very profitable for investors, I see the altcoin growth is very slow and very different from 2017
well, maybe other altcoins don't develop in price. however, I think that is because ETH prices are not so fast in addition. for now, I will probably hold the altcoin that I have. I feel late to sell it, and I feel that the altcoin price will also be high.
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June 26, 2019, 02:42:27 PM
 #98

Diversification always work 100% or say 90% not to exaggerate. You shouldn't go all in on BTC, those alts like LEDU, AST still has the potential to give you real profits.
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June 26, 2019, 02:48:17 PM
 #99

well, maybe other altcoins don't develop in price. however, I think that is because ETH prices are not so fast in addition. for now, I will probably hold the altcoin that I have. I feel late to sell it, and I feel that the altcoin price will also be high.
maybe holding an altcoin now is a good choice. although the growth is a little slow, but now we can see the upward movement is already running. there will be an opportunity for altcoins to rise. never regret later for selling your altcoin.
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June 26, 2019, 03:03:05 PM
 #100

It is tempting to sell altcoins for Bitcoin, as Bitcoin is dominating the market and altcoins are plumetting against Bitcoin. The strongest altcoins are falling too compare to BTC. But i think one day this might stop and we should see a reversal after.

It's not easy to happen for the next few years because Bitcoin will continue to get ahead and have broad benefits for the whole world and it will strengthen that Bitcoin will continue to be used later. Can Bitcoin be better than today.

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