Sell All Altcoins For Bitcoin?

[john_nautica]

sell altcoin and buy bitcoin when high bitcoin can be a good choice. your strategy is when you get profit from bitcoin you have to go back to buying a little bit of altcoin with your profits and selling at a high price, so you can still get profits from altcoin

[samuraijin]

If I sell cheap altcoins at the moment and buy bitcoin when prices are expensive now, I think that's a bad step to take, I believe that some of my altcoins will return to have good value when the bitcoin price really touches the highest price later, one again I'm not interested in XRP

[xephireusMMX]

It is better not to sell Altcoins now, but to buy them on the contrary, because now Altcoins are very promising and should grow in the future

[leonair]

You're already in pain, earn from it! don't give up!

What's your basis in the first place? because Bitcoin's price is going up and you must go with the flow and disregard your plans with your altcoins? then I feel pity for you because cryptocurrency market isn't suitable for softhearted and emotional people.

Don't lose hope my friend, the time of altcoins will come just keep on trusting to your gut instinct.

[Yalovtsev]

I do not see any sense in this at all,since altcoins are now in the drawdown from X5-100,and bitcoin is only 2 times,that's the point say??? I think now very soon will be the time of altcoins,and it will be possible to earn a lot of money on them,so to speak, and only then it will be possible to shift to bitcoin,but as they say we will see

[sri.bima]

Don't get carried away by market conditions, but let's try to see it with a calm mind. We don't need to sell all altcoins for bitcoin, but change the strategy of the altcoin that grows slowly into the altcoin which is quite up or up. Maybe I will also transfer to Binance coin (BNB) and Litecoin for this week. And I will count very carefully. Because I didn't want to repeat the error a few months ago, so I didn't benefit from the altcoins I have saved for a long time. Don't ambition.

[KlepZ]

The altcoin market is vastly different than Bitcoin. New projects arise every day. CoinMarketCap currently provides data on over 2500 projects. Many of these projects will not be around in the future and a lot have extremely low levels of liquidity.
Picking the right altcoin exchanges is essential when trading in the altcoin market. With altcoins already having lower market caps than Bitcoin, users should avoid picking an exchange with scarce order books that may be subject to flash crashes or periods of low liquidity.

[jvdp]

I am not agree with you pal with selling all Altcoins , some of them might be profitable like ETH, NEO and EOS Etc sometimes reach high price.

Yes all these coins are good to invest when you want to make the growth with your funds in cash or the no big volume coins. Never underestimate growth of Bitcoin.
If you want to increase your funds equals to US dollar value, I am damn sure Bitcoin is the only option for you even stable altcoins will not help you.

[Dacosta Osei-Tutu]

That is the hard truth. Bitcoin is the crypto mover. It moves the market. It is the only reliable coin to invest in. At least there is a hope that it will rise again even if it drops, so long as you continue to hold

[kawetsriyanto]

Well, converting the altcoins to be Bitcoin may be a good way in order to decrease the chance for falling. However, we should also know exactly what altcoins better to convert to BTC. For, we can meet several worthy altcoins to hold or trade besides Bitcoin. They are likely ETH, XRP, XZC, Doge, and others.

[MonaLeeTracy]

The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin

it all depends on our belief in investing, of course, and in conditions like today investors must be clever in taking advantage of every opportunity to gain profits in their investments

[Allura74]

The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin

it all depends on our belief in investing, of course, and in conditions like today investors must be clever in taking advantage of every opportunity to gain profits in their investments

If bitcoin is your choice and selling altcoins is the last resort then why not? But as for me altcoin is also profitable as what bitcoin do and all we have to do is to think wisely about investment since the fact about investment is that not 100% sure for quick profit.

[seleme]

Bitcoin dominance will not let the altcoin season to start and make the altcoin lovers rich. It will take time at least for 2 years to see stable growth. The stability is still the biggest problem but volatility also help Bitcoin to gain more attraction.

[necromastery]

The growth of Bitcoin began, and therefore profit from altcoins has become very difficult to obtain, it is now more profitable for me to keep 80% in Bitcoin

That is a wise choice. I thinking the same, it is indeed more profitable to make the altcoin into the form of bitcoin and keep it. Looks like altcoin is not ready yet to follow the rise, we can see the rise happen few months ago, until now there's no big change from altcoin

[TKarollah]

Bitcoin dominance will not let the altcoin season to start and make the altcoin lovers rich. It will take time at least for 2 years to see stable growth. The stability is still the biggest problem but volatility also help Bitcoin to gain more attraction.

in my opinion if selling all Altcoin for Bitcoin is not the right thing, that means you will lose all Altcoin by getting Bitcoin, and the price of Altcoin is very low compared to Bitcoin.

it's better to wait you can get a big advantage from Altcoin, and after that you can buy Bitcoin with the results of profits from Altcoin, maybe it will be better, Altcoin can also be profitable depending on the growth of Altcoin you have.

[Ridwan Fauzi]

Well, converting the altcoins to be Bitcoin may be a good way in order to decrease the chance for falling. However, we should also know exactly what altcoins better to convert to BTC. For, we can meet several worthy altcoins to hold or trade besides Bitcoin. They are likely ETH, XRP, XZC, Doge, and others.

I don't mind XRP is worthy to be use as investment place since there are a lot of stable coin came who has a same function with XRP. Such as libra coin, if you use libra coin you will anything such you use XRP, you can money easily with the little fee and you can use libra coin as payment system which is if this coin has been lounched then there are many merchant who accept it as payment system. So as, I don't think XRP is still worthy to be use as investment place.

[halpi]

sure, statistic says, that 98% of altcoin traders trade in minus or ~equal to Bitcoin price.

so there is no sense in trading alts. Bitcoin gave x3 since winter, can you guess an altcoin?
also it is safe to hodl Bitcoin

[CutePanda]

It will not be a good decision if you sell all of your altcoins for bitcoin. Theory of wise investment said do not put your eggs in one basket. And this is the real reminder for you, because if you invest all of your money on bitcoin, when its down you will lose everything at once. That is so danger.

[janggernaut]

sure, statistic says, that 98% of altcoin traders trade in minus or ~equal to Bitcoin price.

so there is no sense in trading alts. Bitcoin gave x3 since winter, can you guess an altcoin?
also it is safe to hodl Bitcoin

Try to look BNB (binance coin) and compare with bitcoin, which one is grow higher?

It will not be a good decision if you sell all of your altcoins for bitcoin. Theory of wise investment said do not put your eggs in one basket. And this is the real reminder for you, because if you invest all of your money on bitcoin, when its down you will lose everything at once. That is so danger.

How about if bitcoin keeps growing, and all of your investment in bitcoin, you should be thankful or not?
Puting all your money in a basket isn't always a bad thing

[caeles]

Selling all altcoins for bitcoin is risky. Maybe it is good to divide it equally so even it lose its price, you atill have profit. Also, if it raises its price you will have a higher profit. The best is hold some and sell some. Risking all the cryptos might give you regrets.