Sell All Altcoins For Bitcoin?

[fulled]

no, just hold if you're a long term holder, go all in just for 1 coin is riskier than split it, but if youre a daily trader its up to you, if you think holding bitcoin for short term is the best action to gain capital just do it, but in my opinion is just hold it till altcoins rising again

[ethereumhunter]

I think that's a good idea. I think if the storm starts, not all the altcoins will start to grow. There's not enough money for all the coins. So leave promising altcoins, and the rest pour into bitcoin.

I think selling all altcoin for bitcoin is not a good idea because the altcoin can increase in anytime. You don't know when the altcoin increase and that could make you too late to sell at the high price. But if you still believe that the altcoin can give another profit, then you should hold it for a while and always check the price at the market, so you don't miss the chance. Many people are late to sell their altcoin because they don't check the price or they don't set the alarm when the price can reach one price they want.

[zzortyx]

Some altcoins also showed good growth. I would not argue that bitcoin could be more profitable than altcoins in the short term. But everyone determines how and what is better to earn.

[monster2]

that's exactly what I'm going to do with selling all your altcoins and buying bitcoin is a great way to make money because bitcoin price is so low today and I'm certain that when the price goes up and you sell your holding you will earn a great deal.

[installer]

BTC has already shown its potential this year, but if you compare the raise of BTC with other major altcoins, they are still very silent. I have not mentioned any great price increase, so I hope it will happen in the nearest future.

[trumplove]

BTC has already shown its potential this year, but if you compare the raise of BTC with other major altcoins, they are still very silent. I have not mentioned any great price increase, so I hope it will happen in the nearest future.

Bitcoin is up and this is a good thing, Altcoin is following an increase because Ethereum is improving better.
Bitcoin is indeed a good choice because the movement is good and may be very profitable but to get Bitcoin you need big capital, compared to other Altcoin.

[The Cryptovator]

No, I am not going to sell any altcoin for bitcoin now. Because all altcoin bought in high rate. Price has been dropped almost 3X. So I don't like to sell on this huge loss. On the other hand altcoin will start recover when bitcoin will recover. If incase price raise after I sold, then I will be on loss. That's the reason why I am not going to sell lately.

[Stanlo]

Its really not a bad idea to sell off all altcoins for bitcoin investment especially for those who can't endure for long term investment which is needed for altcoins ,if you are among those who invested in bitcoin at 3500$ you would have been in huge profits by now

[bitsurfer2014]

If we believe that the altcoins were holding has sound fundamentals especially if it has unique use-cases, then I think we should adhere to that belief and support the project all the way and we should not do panic selling all our altcoin holdings inspite of progressing BTC bull run. Imho.

[Elkmar]

Yes, capitulate please.

[xSkylarx]

If we talk about profit taking then yes I agree. But if selling all altcoin because of fomo on bitcoin is not good. If you hold a potential altcoin like eth or ltc you don't have to be afraid on it. They really have good projects and been stable on the top 10 of cmc throughout this previous years.

[skivrmt]

BTC has already shown its potential this year, but if you compare the raise of BTC with other major altcoins, they are still very silent. I have not mentioned any great price increase, so I hope it will happen in the nearest future.

We see that many altcoins are depreciating against the bitcoin right now. So I think that it's not a good time to sell all your altcoins for bitcoin. It's better to hold and wait for an altseason that will come after bitcoin bull run.

[Huskerz1]

With the rise of BTC, the best Alt Coin performers are going to be BCH and LTC.  Especially LTC before the halving.  LTC has so much more room to gain. 

[armanhusni]

I bought altcoins a while back. Example coins such as waves and powerledger.  I also have bitcoin cash from the fork etc. 


I bought altcoins back then thinking hey if btc goes up, altcoins will go up more.  Of all the altcoins i ever bought, not one altcoin I have is higher than the current price i bought it at.  Every coin i bought whether it was the huge bull run or before it, such as waves, I'm down money.  Well technically not down as most of these coins, i just hold.  I did sell some though.  The only coin i did buy that is up now is litecoin... but i have none of that now because i sold those a while back.  That's right the one altcoin i sold would be in profit now. 


Also if you look at the prices with bitcoin, its like many of the altcoins i hold, they are not even going up compared to bitcoin at all.  They are either same price or dropping.  Does anyone here think its best to sell all your altcoins for btc?  I heard tons of things about waves.  Yet nothing happening to the price except going down.


Also when i say altcoins, i know it means every other coin but bitcoin.  But i mean specifically like those altcoins that are not in the top 20.  I mean when you look at ETH, bitcoin cash, litecoin, i think these are legit as prices correlate to btc price.  But if you look at those altcoins especially that is not in top 50 for example, many prices have dropped.  I bought coins where price is still down 90% or so.


Now if you say yes, what about bitcoin cash?  Or say bitcoin sv or bitcoin gold? 


Because the more i think about it, if cryptocurrency goes up very high, well it seems like there's only a few coins only that could do that?  Thus bitcoin, litecoin, eth, bitcoin cash, dash, monero or say bitcoin sv?  I heard ripple is centralized so can't imagine it being the standard.  I mean if there were only 3 coins left... what would that list have to be?  I would figure its bitcoin, bitcoin cash and litecoin.  If i had to include a few more, probably ETH and Dash.


I back then also wanted to get coins like funfair, edgeless and a few other altcoins.  But now when i look at it, isn't it basically throwing money away?  I think if i were to buy more crypto now, the only coin i would buy is bitcoin, litecoin or bitcoin cash.  Maybe dash and monero. .


Thoughts on all of this?

there are some altcoins that I have already sold and already bought Bitcoin ... and until now I still keep bitcoin from selling the altcoins that I have ... but not all of the altcoins can I sell because the price of some of the altcoins I have is very cheap and even a case of no value at all ... even though the project has just been listing in a market ... but the price continues to decline from day to day ... and in my opinion right now it's time we sell assets to buy bitcoin ...

[khimer_rangers]

I will not sell all my altcoins for bitcoin and I only sell altcoins which I think lack potential in the future, and some altcoins that don't need to be sold are ethereum bnb and litecoin I am not worried about these three altcoins.

[mksundip]

I hold a number of altcoins whose value is almost equivalent to 0.5 bitcoin, but now the value is only 0.27 bitcoin, I feel I made the wrong decision

[Kucink]

simple from me, if you want to take a long-term investment and hold you will better choose BTC.
but when you want trading, altcoin is the main choose from it.
the best solution is make ypur asset 50:50 for BTC and Altcoin, all clear.

[almiani]

it looks like we are now worshiping bitcoin, whereas in the past we have started to lose confidence when the price of bitcoin is down, investment and trading is a matter of strategy and patience

[Emmy92]

In as much as Bitcoin is always profitable or rather good for holding, I also think it is wise to keep some altcoins. But in this case, shouldn't be untrusted altcoins but coins that are worth holding like ETH and so on.
In my opinion, since you would like to hold Bitcoin, hold a later percentage of it and a little percentage of altcoins; altcoins are worth holding no matter what.

[bitladen]

Bitcoin's grown up a lot today. I don't think it's worth selling altcoins now, because together with Bitcoin, altcoins has started to grow.