Sell All Altcoins For Bitcoin?

[Dimas99]

If indeed we see the price of bitcoin has a greater potential increase, usually we sell altcoin assets and divert to bitcoin. this has been done by many traders because when the increase in bitcoin occurs the altcoin price mostly decreases and it is also big.

[1714877994]

1714877994

[sngwinner]

This os very true and I'm experiencing similar situation. Somewhere last year, I invested in crypto and divrsified my investment by paying some altcoins like cardano and verge. I just wish I left all my investment in btc.

[Innocant]

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!

Yes holding our alts was the best way for now, Actually we can trade our alts also in not time or if we want to. But if the we hold is a shitcoins must better to sell them all and chage to bitcoin. And thats true alts are going to moon so hold a little bit and wait.

[EL-NIDO]

I would suggest to hold 50 % of your investment in Bitcoin and the other 50 % in different promising altcoins. I have invested now a small amount of BTC in some altcoins again.

[leetcoiner]

I would not sell all the Altcoins, and would leave without myself a few top investments for a long term, and of course, I would put the right decision in the second half or more than half of Bitcoin on me.

[joshy23]

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!

Yes holding our alts was the best way for now, Actually we can trade our alts also in not time or if we want to. But if the we hold is a shitcoins must better to sell them all and chage to bitcoin. And thats true alts are going to moon so hold a little bit and wait.

Shitcoin is nothing but taking the risk of your money, who knows things will happen and miracle will bring this shit into gold giving more
profits same a like with pumped and dumped project where pumpers has its own way to pushed the project up.

[taufik0911]

maybe this question is something common among traders
"Do I have to sell my altcoin to get bitcoin?"
in my opinion rising and falling prices is something normal, why?
cryptocurrency as well as goods, if there are many people who need it and the less or difficult the cryptocurrency is obtained then the price will rise
at the moment bitcoin almost reaches its supply limit. now many people are interested in bitcoin so the possibility of bitcoin is very suitable for long-term investment, we can get a big profit when bitcoin is mined
but will our money grow if we save our assets in bitcoin?
in my opinion NO, why?
we will indeed benefit from the increase in the price of bitcoin to fiat but the value of our bitcoin assets does not change.
now in my opinion the best decision is to do short trading and take profits in bitcoin instead of fiat, so while waiting for the moment where bitcoin reaches ATH our assets will continue to grow

[CryptoAlphaStar]

I think the time to sell all altcoins for Bitcoin is when BTC has bottomed in $ price. When it starts growing, that is when everybody sells the alts for BTC and you want to time the markets and be the first.
After a massive BTC surge, there usually comes the altcoins season and money start flocking back to alts.

[Golstrim]

Altcoins are more volatile, because they have lower capitalisation. But you shouldn't forget about your original purpose of holding bitcoin. It is something like increasing amount of bitcoin

[Loedong]

if you invest in altcoin popular or among the top 10 in CMC I don't think you need to worry about them, I'm sure that among them it won't make you lose big. but if you invest in altcoins that don't have price developments, it's very risky. but for the convenience of your money, I think you need to invest with bitcoin.

[Baimovic]

if you invest in altcoin popular or among the top 10 in CMC I don't think you need to worry about them, I'm sure that among them it won't make you lose big. but if you invest in altcoins that don't have price developments, it's very risky. but for the convenience of your money, I think you need to invest with bitcoin.

what you say is true if all depends on what altcoin we have because there are many pretty good altcoins that are even better held in the near future than Bitcoin. so if we feel our coins are good enough, we don't need to exchange them for bitcoin or any coins.

[zhekinsp]

If our investment is developing then I don't do I like this because I know my value is going on so I do not convert my investment to Bitcoin for getting huge profit because sometimes it may give the loss also.

[PuertoLibre]

Altcoin index is on the low level of historical graphic, I predict a new cash flow towards the alternative cryptocurrencies this year. Hope the price of BTC will be stable for few years and I will own more BTC with trading the altcoins. Bitcoin price will trigger the $50000 in a year, but altcoins will stay here for a long time.

[Bitcoin Smith]

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?

in this situation will be ok to send because the Bitcoin value is very very expensive now so you can invest in it we can get huge profit after sometime so that only I can sell now otherwise it is also a risky decision.

[IParn]

I would venture to sell all my altcoins to buy Bitcoin because this is probably a better deal and it’s more likely that you can make more money as Bitcoin is now growing very well.

[harsi123]

I would venture to sell all my altcoins to buy Bitcoin because this is probably a better deal and it’s more likely that you can make more money as Bitcoin is now growing very well.

I agree a good investment is all right and true but you need to take into account the fact that you must have at least some experience with Bitcoin and generally in the world of cryptocurrencies because it is not so simple

[bluesnup]

Honestly dumb question. There are a bunch of altcoins DAILY that make 4X times the profit of bitcoin that same day even on bear markets. It's just a matter of knowing the crypto market and researching but i guess you are just a casual trader with top 5 alts and that's it.
If you do want to learn about the market check daily cmc top 100 and the next page too, check twitter, talk with telegrams groups, see the exchanges available, lack of pairs in exchange ? use Switch.ag trade between alts. Want to use your btc? learn about wbtc. For the rest is just binance and the top tokens which everybody knows about this now.

[abs350]

I see no reason to sell my top Altcoins for Bitcoin.  If I wanted to invest in Bitcoin, I would have done so.  But this transfer from one coin to another is not for me.

[nicecrypto]

There is no need to sell your alts for btc because alts period to increase in price will also come then maybe you won't be able to buy at low price when you sell all your alts just to ride btc price increase, besides not all alts are stagnant, some few alts are climbing alongside btc, ti may not be as high as btc but few are doing have increase this few days, am hodling my alts as firm as i could.

[Xclusive5]

I think its a good idea to sell some altcoins to buy bitcoin because it seems as if bitcoin is the only coin experiencing the current bullrun. I am not happy with the price of altcoins now because its not encouraging.