Sell All Altcoins For Bitcoin?

[Corer]

I don't think this is the best time to do that and even if its is I wouldn't have done that cos I don't support putting all my eggs in one basket I always like to diversify

[islafilipina]

For me when BTC is in mood for bull run i do always buy doge coins and some good altcoins for a long term investment

[creeps]

No, No, NO   sell all BTC now!!!

Buy altcoins, that is where the next pump will be

HST decision token

Taking profit now is ok as long as you have the plan on what will be the next move to do, altcoins are not pumping much so maybe they will be the next to go uptrend. But i don’t want to go all in with Bitcoin because some altcoins will also pump so if you have a diversified portfolio the chance to earn is higher, and we know that investing should be spread out into good coins.

[Bobby park]

I get your point on this situation and I believe that some of the altcoins are could possibly going down because of Bitcoin Serge's. However we couldn't trust the the market because of volatility so it good to invest on Bitcoin and at the same time on altcoins but make sure that you have understand the potential of those crypto currency.

[minersday]

Sell all your altcoins for Bitcoin can either be a good investment strategy or a bad one. Considering the current state of the crypto market, I will prefer to  either keep all my altcoins or change my Bitcoin into altcoins since altcoins have good profit margin returns than that of Bitcoin looking at their price differences. 

[defyance]

It was a good advice a while ago, but now better hold your alts. Look, today Neo showed big growth, ripple is rebouncing, so other alts are ready to the moon!
Pick something out of top 30 and that's it!

[jcarlo]

It was a good advice a while ago, but now better hold your alts. Look, today Neo showed big growth, ripple is rebouncing, so other alts are ready to the moon!
Pick something out of top 30 and that's it!

Investing in the top 30 is a rational choice because the project is definitely a lot of transactions and also has large liquidity. With a large market cap and large liquidity, our investment can be disbursed at any time. Bitcoin is the safest investment and it is only natural to sell altcoins for bitcoin

[Burogh]

Sell all your altcoins for Bitcoin can either be a good investment strategy or a bad one. Considering the current state of the crypto market, I will prefer to  either keep all my altcoins or change my Bitcoin into altcoins since altcoins have good profit margin returns than that of Bitcoin looking at their price differences. 

As long as the altcoin that we hold is top altcoin, I think we have to be patient and keep hold and not to sell it. But if the altcoin that we hold is not transacted on a large exchanger, I think it's better to exchange it for bitcoin

[Nivia1st]

Sell all your altcoins for Bitcoin can either be a good investment strategy or a bad one. Considering the current state of the crypto market, I will prefer to  either keep all my altcoins or change my Bitcoin into altcoins since altcoins have good profit margin returns than that of Bitcoin looking at their price differences. 

As long as the altcoin that we hold is top altcoin, I think we have to be patient and keep hold and not to sell it. But if the altcoin that we hold is not transacted on a large exchanger, I think it's better to exchange it for bitcoin

yes you're right, as long as the altcoin ranks top, no problem holding it longer. except altcoin does not have trading volume and is not in a large exchange. selling all altcoins is only for bitcoin, I think it's too reckless. do not let you lose just because of thinking about profit.

[freedomgo]

If you think holding an altcoin is more profitable, of course it's better to stick to the altcoin. Because everyone certainly has their own way of holding altcoin or changing it to bitcoin. Because the cryptocurrency market is starting to increase all of them. So think carefully about the steps that must be taken.

Exactly, we should make the best decision based on our own will, of course it's necessary to analyze and study everything to ensure more chance of success. Actually if you have more funds you cannot only focus in one coin, you can hold bitcoin and more altcoins at the same time.

This has been very effective, even in the past, if you just hold and be more patient, you'll likely to make money here.

[tenebriscaelum]

Moving all assets to one currency as it will always have a chance that one currency to dump. As such what you did is correct and, I think that what you should do is just add more assets to the ones that you currently have instead of moving all of it to BTC.

[blue_nexus15]

A good idea but it cannot meet the balance. I think you should diversify your investment fund into BTC and one to three other altcoin coins. Bitcoin is the preferred and safe choice in the long term. Combining with short-term for some altcoin with good Fomo will generate greater profits. That is the plan that I always pursue and implement in this market.

[posporo]

If you choose bitcoin over altcoins for investing, that's not bad at all but there are lots of altcoins which increasing silently like ethereum which now over $300 from $200 so I think if in my case I would regret selling all my altcoins for bitcoin because you can also earn big profits by investing other altcoins which has a good potential so it would be best if you just choose an altcoins wisely by selling it for bitcoin.

[Bitbtc8]

The reason why this post was created is mainly because altcoins are not surging in price like bitcoin but you have forgotten that we have altcoins seasons separately and bitcoin always be the first one to rally up before the arrival of altcoins season ,my suggestion will be to hold on ,altcoins brings better profits than bitcoin

[jyotianand01]

As per my opinion, it is not a good idea to sell all altcoins now for bitcoin as when bitcoin stabilize anywhere, then altcoins start their run and you get more bitcoin value after sell them. Not all but many altcoins will give huge value creation in near future.

[Apes]

swaps from alt to btc are now an alternative for investors to look for quick profits. Slow alt growth is one reason investors choose this step. I'm sure if  BTC price reaches above 15K this practice will be over, and that's when Alt will grow and take a long rallied pursue a price deficit.

[miklesm]

According to statistics, it is usually better just to hold Bitcoin than buying altcoins - only few of them grew in pair with Bitcoin, like Binance coin and Chainlink.

[billyhaleym]

I think its fair but in other for you to increase your satoshi you also need to trace in some few low sat altcoins, but be careful you don't get burnt

[Robotbitcoin22]

Moving all assets to one currency as it will always have a chance that one currency to dump. As such what you did is correct and, I think that what you should do is just add more assets to the ones that you currently have instead of moving all of it to BTC.

Choosing bitcoin is actually also an election error for investment. when the increase has been seen usually altcoin has also experienced a large decline as well.

[shoreno]

yes why not ? i always sell my altcoin for bitcoins and then i cash out my bitcoins or i traded them with fiats  . you cant instanty cash out your alts so you need to convert them with bitcoin first  but if your alts are not mature yet then there is no way to sell them . 

it also depend on what alt you hodl because some alts works poorly while some alts performs better this alts should be kept and if you want btc then you can just buy btc seperately its a wiser move to save fees  if you are an investor  .