Sell All Altcoins For Bitcoin?

[SistaFista]

It depend on what altcoins you have, top altcoins are good to hold because the price usually follow the BTC trend.
Some altcoins even better than BTC price. Like ETH, the price was increasing in the past days more than BTC movements.
About Waves, i don't see a significant rising price and it is better to change them to other coins.

[Ezio_Auditore]

It is better not to put all the eggs in one basket. I would prefer to have not only bitcoin but also several alternative cryptocurrencies that have the potential and in which I am more or less confident. At the moment I do not hold only bitcoin. That and all advise. So you can at least a little to insure themselves and make a profit if altcoin will make more to the cost

[Aldrinx00]

It's your choice because it's your money and no one can decide for you, but for me if i have a lot of altcoins i will sell some for bitcoin and will just hold bitcoin, eth and bnb for long-term.

[freedomgo]

It depend on what altcoins you have, top altcoins are good to hold because the price usually follow the BTC trend.
Some altcoins even better than BTC price. Like ETH, the price was increasing in the past days more than BTC movements.
About Waves, i don't see a significant rising price and it is better to change them to other coins.

After a long bear market, I noticed these trends.

1) Bitcoin pump, will result to good increase of value compared to all altcoins.

2) Major and popular altcoins pump together with bitcoin.

3) Small and not popular altcoins will pump together with major altcoins and bitcon.

I think we haven't seen the number 2 yet, so it's a good decision to focus first on bitcoin.

[Sendi blackspade team]

It's your choice because it's your money and no one can decide for you, but for me if i have a lot of altcoins i will sell some for bitcoin and will just hold bitcoin, eth and bnb for long-term.

it can be done by anyone. where everyone asks for the opinions of others to make decisions. it's natural especially for those who just started investing.
I sell some of my altcoins and hold more bitcoins, that's normal because bitcoin growth is better now. for the long term who knows the future?

[ballerin and giroud]

I think there are altcoins which has potential in the future and I don't mind to sell them to buy bitcoin.

Indeed, bitcoin is good investment place in crypto world so far but it doesn't mean altcoin is not good to be use as investment place.

I choose ETH for an example, the best altcoin so far and still in the second position based on market crypto.

[bangdol]

I think there are altcoins which has potential in the future and I don't mind to sell them to buy bitcoin.

Indeed, bitcoin is good investment place in crypto world so far but it doesn't mean altcoin is not good to be use as investment place.

I choose ETH for an example, the best altcoin so far and still in the second position based on market crypto.

if so, sell all the altcoins you have and invest in bitcoin and ethereum. this won't be wrong, now that ethereum and bitcoin are experiencing a small decline. this is the right time.

[fosco333]

Selling all of your altcoins won't bring you a guaranteed profit. You must choose your altcoins.
If you have some good altcoins, why bother to sell it ? just hold it, for example bnb coin.

[Folajuwon56]

Most investors always prefer to hold BTC, but let's not forget that some of these Altcoins we have today will turn to be a giant in the nearest future when everything is back to normal. So I'm not in support of selling all Alts for bitcoin.

[Samboo]

Yes you are right. I think from now on, only a few of coins will manage to increase in prices, and the rest coins will dump or may not increase in price in proportion with the few coins. List of the few coins that get increased in price in the future is bitcoin, ethereum, binance coin, monery, litecoin, NEO. Among them, BNB will break all records.

[ahmed04]

Bad idea. Best of all hold a big part in bitcoin and small part in altcoins. Since bitcoin will reach a certain point and will not be able to go further.

[corrado25]

I think this is the worst idea now to sell altcoins. they eventually grow up well in the same way. but how many more will continue the pump BTC nobody knows. maybe it will soon end and continue to grow altcoins

[DarkIT]

I think this is the worst idea now to sell altcoins. they eventually grow up well in the same way. but how many more will continue the pump BTC nobody knows. maybe it will soon end and continue to grow altcoins

for now, we don't know when the altcoin price will pump, and get higher. do not sell it now, and remain patient may be an advantage for the future. maybe in a few weeks, the time will come for altcoin to have a high price.

[Genkotsu]

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.

I agree with you, sell all altcoin to buy Bitcoin is not good choice and make profit reduce.
To make profit max in cryptocurrency we could be holder and trader.
If we just take one of them i think that is not good for me.

[Adya]

never keep all actives in one place or in one curreency. i thought it should know every guy who know how to register in bitcointalk.

[Karlinz]

Appears to be the justifiable thing to do, have tried tweaking between btc and altcoins and I found out I have lost some btc in the process, it appears that btc is growing faster than altcoins, btc may get to a stable level for altcoins to pick up again, etherium has been stagnant is the same case

[Kay101]

What is an IEO? An Initial Exchange Offering, as its name suggests, is conducted on the platform of a cryptocurrency exchange. Contrary to Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the startup that seeks to raise funds with its newly issued tokens. #MPCX

[logicgate]

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

 if you are already in profit and want to upgrade to the Bitcoin then you are safe to sell your Altcoins for the Bitcoins. In contrast to it, if you are not in profit and if you sell it then it is not a good idea. You must invest your money in more than 2 leading crypto coins for better results but in situations like this, you have only one choice to sell your Altcoins if you are in profit and want to upgrade.

[Belianez]

It seems to me to adequately sell all my altcoins to buy Bitcoin.  because it is much more profitable and right now when the growth of Bitcoin continues to increase.

I would not move at the moment , bitcoin sooner or later will go to the correction , and many of the coins will begin to grow , I also have altcoins , but I believe that the season of altcoins will come soon

[Distinctin]

It seems to me to adequately sell all my altcoins to buy Bitcoin.  because it is much more profitable and right now when the growth of Bitcoin continues to increase.

I would not move at the moment , bitcoin sooner or later will go to the correction , and many of the coins will begin to grow , I also have altcoins , but I believe that the season of altcoins will come soon

Have to keep it believes cause we still know what will happen next and I believe it so that altcoins will soon to rise just like happen to Bitcoin.
But if we just hold those dead altcoins, will it seems that we are just holding for nothing and better to trade it.

It is normal to see people think about this (diversification) cause there is a huge profit in Bitcoin at this time and we have to take that opportunity though.