Sell All Altcoins For Bitcoin?

[pelumi20]

I think it is not a wise idea to sell your altcoins to buy bitcoin, because altcoins will give you more profit than bitcoin. Don't be discouraged that altcoins are not following bitcoin upward trend presently, they will have their season soon and it will be massive.

[1714833283]

1714833283

[714]

I think this strategy or step is not right, Move all altcoins to Bitcoin. Actually it's good if you want to have bitcoin assets, but it's better to share a few percent for altcoins and the rest for Bitcoin. If for all, it might be profitable and even possible to suffer losses.

I agree that we should keep a certain amount of Bitcoin, but should not completely hold 100% Bitcoin, there are still a lot of good coins out there. Normally I do not keep the amount of Bitcoin exceeding 50% of my assets, the rest I will invest in potential altcoin.

[seggardinggins]

This decision still depends on which altcoin you want to sell for BTC. For me I think if you hold some altcoin and you don't sell you will make good profit that selling now.

Yes, right, we have to consider the sale of Altcoin, especially Altcoin, which has great potential for the long term, it would be better if you sell shitcoin that doesn't grow anymore to buy BTC, of course. The reason for buying BTC is very simple, because the largest and most expensive currency on Crypto BTC will generate big profits if prices rise.

[davinchi]

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.

There are some altcoins that we will be making a very big mistake of selling off because of the big future they have, I could remember that in the last bull run, I got so tired of some altcoins that I thought of selling them off, it was my instinct that saved me, not long that I made the decision to sell off that some of them short up as high as 1500x, and I could not really explain the reason for that.

So patient is really a virtue, rather than selling those coins off for Bitcoin, we can just work  for more fiat to add to the Bitcoin portfolio, except coins that are really not working at all again, which we will notice through their very low volume, and would even be difficult for us to sell off.

[H1N1]

If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.

[bitzizzix]

Actually it's a good idea to swap all Altcoin with Bitcoin, but it must be considered too because in my opinion Bitcoin is now too expensive and there must be profit calculations.
but everything depends on each other's beliefs to judge between Bitcoin and Altcoin for the future.

[DarkIT]

Actually it's a good idea to swap all Altcoin with Bitcoin, but it must be considered too because in my opinion Bitcoin is now too expensive and there must be profit calculations.
but everything depends on each other's beliefs to judge between Bitcoin and Altcoin for the future.

I think, those who have done it since the price of bitcoins under $ 10k are those who are aware that the potential of bitcoin this year is really high. honestly, until now, I still hold back the assets that I have. well, I still hope that the altcoin pump price with a very high price in the near future.

[cryptonx]

If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.

and i believe all people in this forum believe if bitcoin is the best investments opprotunities in this cryptocurrency rather than the others mate
but, to increase our bitcoin amount the best way is by hodling a good altcoins 

[joshy23]

If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.

If that's how you think will lead you to a much successful investment then selling your Alts to have more control with your Bitcoin is also not a bad idea, as the value keeps on rising chances to make a much bigger profits as of now will be there  for your investment, take your call.

[bitzizzix]

Actually it's a good idea to swap all Altcoin with Bitcoin, but it must be considered too because in my opinion Bitcoin is now too expensive and there must be profit calculations.
but everything depends on each other's beliefs to judge between Bitcoin and Altcoin for the future.

I think, those who have done it since the price of bitcoins under $ 10k are those who are aware that the potential of bitcoin this year is really high. honestly, until now, I still hold back the assets that I have. well, I still hope that the altcoin pump price with a very high price in the near future.

Yes, if they exchange it when the bitcoin price is under $ 10k it doesn't matter though I think the following prices are still high.
I also hold both because I believe Altcoin will increase in the near future even though it moves slowly but will be proven at the right time.

[mulia sabee]

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?

I strongly agree that if we make altcoin into Bitcoin because the price of bitcoin is increasing and growing at this time ... then it's time for us to collect bitcoin by selling the altcoins we have from the bounty campaign ... and rest assured we will get more profits big than bitcoin rather than altcoin ...

[Ureung jameun]

I don't agree if I have to sell all of the altcoin assets to hold Bitcoin ... I think Altcoin will also increase like bitcoin at this time ... then I will keep holding the altcoin that I have for sale at the right time and with greater profits. ... if I sell it now then I experience a huge loss, so I have to keep holding it until the price is stable and profitable.

[klaaas]

Maybe earlier in the year but I think right now is the time to sell a lot of btc and invest in altcoins.  Many top alts are at very low btc ratio prices especially ethereum.  Anyways as long as your in any crypto coin you will out perform the stock market.

It is a risky move with BTC moving up on the chart like it is doing. May you jump to alts and Bitcoin dont slow down the alts you buy now will be a expensive purchase later on.

[florac9]

Do not sell all your altcoins for bitcoin because we don't know what the next altcoins season will look like,it might be better than what we've witnessed in the past ,we need patience and remember that altcoins season of last bullrun came when we least expected

[florac9]

This is my answer to all people complaining about altcoins bearish movement ,before bitcoin start surging in price remember that many people talk against bitcoin saying its the end of its life circle ,no one expected to see bitcoin at 10k this soon except real bitcoin fans out here so now same thing is happening to altcoins ,to my own point of view its simply lack of impatience

[kkaroul4]

Its always a wise move to have some altcoins in your portfolio although investing in bitcoin is totally a wise move but you need altcoins as well,just because altcoins aren't surging like bitcoin yet doesn't mean they won't ,what you lack is patience

in my opinion if there is who is certain why must wait bitcoin has shown a perfect increase and is difficult to stop so for this i might disagree, I prefer bitcoin than altcoin for investment

if in my opinion indeed in this condition it is not a problem to sell your altcoins all to be exchanged to bitcoin because I am sure that bitcoin will soon want to experience a fairly high price increase this year

[Chika08]

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?

probably one of the points I am trying to make. But most of your holding are doing good. I will not ask you not to sell and buy btc but will suggest you make some research on that before doing so.

[michellee]

If you want to play safer, then selling your altcoins for buying bitcoin is a good way to do.
As we can see now, bitcoin price still climbing surpassing $12k in the market.
Holding bitcoin is better than altcoin for me, because the bitcoin price is good.

and i believe all people in this forum believe if bitcoin is the best investments opprotunities in this cryptocurrency rather than the others mate
but, to increase our bitcoin amount the best way is by hodling a good altcoins 

No matter what, bitcoin still be the best investment in cryptocurrency, and now we saw that bitcoin is going to strong day by day. I am sure that soon, the price will rise more than now and we will be back to make a big profit. You don't need to worry if the price was down for a while or even a day because bitcoin price will increase and will make the highest price in the other days.  

[CryptoAlphaStar]

Bitcoin's dominance just passed 61% and I think that most traders are ditching the alts. Major plunges can be seen among a lot of top 50 coins.
As I am not a trader, this exercise is too complicated for me. Unless you are very savvy in the trading part, it is risky to make mistakes and destroy value.

[thehulkk]

In my opinion that is not a good idea, we should not put all eggs in a basket. It's best to break down your investments to avoid big risks. I often divide my investments into 50% - 50%, of which 50% I use to invest in Bitcoin and the remaining 50% I use to invest in altcoin.