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Author Topic: If you have to sell bitcoin to an alt, so...  (Read 885 times)
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October 27, 2019, 11:40:33 PM
 #41

Describing a shitcoin varies from person to person. An alt that made you good money doesn't mean that it's a promising one. So please be honest, and if you ever have to sell your btc, what would you buy with them?

My first vote to Monero, for privacy reasons. Fuk ZEC and its "optional privacy" which is NOT a privacy actually. DASH? Lol, no privacy. Another bitcoin clone methinks.
Second one is Ethereum, there is no serious competitor in smart contract area.

I cannot find third one. Maybe NANO.
If ever that happened so, I'll choose XRP and ETH. However I'm still open to other altcoins such as Doge, Dash, and ltc. I'm always fascinated to such coins that has low fees since I'm a person who make transactions several times per day thus transaction fee is a big deal thing for me.
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October 28, 2019, 06:55:48 AM
 #42

BNB could be your potentially third coin, Binance coin is so attractive and so much more potential specially that Binance is offering different products and services, I think its a must add coin in every portfolio at its current price I think it is still undervalued.
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October 28, 2019, 08:09:43 AM
 #43

I personally don't really dare to save altcoins for long term purpose especially the altcoin with lack of market support and it's risky for me and my reason if i have to sell bitcoin and buy altcoins is those altcoins should be have good potention to provide me short term profit so i think i will thinking to switch my method if there is altcoin can able to do that because if i do it for long term then i will more likely choose bitcoin instead of altcoin

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October 28, 2019, 01:10:05 PM
 #44

I will go with Ethereum too as a second choice.
In fact, I already made that decision a long time ago.
Good thing I still made profits from the last ATH and somehow I bought more ETH using those profits after the fall.

3rd one? That should be something else. I will go PundiX. They are getting larger now adding more coins in their wallet service which is the XPOS or Xwallet.
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October 28, 2019, 02:17:12 PM
 #45

If I have to sell bitcoin for altcoins, I will choose Binance coin (BNB) because it has very good potential to hold. As we know BNB
was created by binance exchanges which are the best exchanges at the moment. That is why I am very much sure in the future it
will rise rapidly the price of BNB coins, because BNB is a profitable coin. And also BNB has good fundamentals, my conclusion there
is no need to hesitate to buy BNB and hold for long-term.

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October 28, 2019, 02:28:27 PM
 #46

I just thinking that most crypto user now will choose promising coin/token comparing to choose the function of the coin itself. Privacy will be choose for those who have a lot of money and they intend or have invested on cryptocurrency. The reason is simple they want to make every transaction be made secretly.

But for an investor such as me, I won't choose for its purpose. I just pice some coins who make me think there will be many people who interesting to the especially in profit side. Such as choosing an investment in IEO, yeah as you may know IEO project has made many investor think that this way is a good way to earn a lot of profit in short term investment.
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October 28, 2019, 02:40:09 PM
 #47

Actually I don't like selling bitcoin for altcoin, but if I choose I will make BNB as the first option. BNB, which is a coin created by binance, receives a lot of support and is considered the best exchanger. Secondly maybe Ethereum just like you ETH in the development of platform technology is the best.
BNB, since the platform have an established business already,  the chance of gaining higher value is always possible. With the investment side of this industry, you need to look for good reason before supporting projects that were  being offered around the market. It would be a hard decision to make exchanging your BTC to another potential Alts, but doing a good research will be able to assist you from choosing  those available solid project if it's really needed.

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October 28, 2019, 03:37:45 PM
 #48


I'll sell it on Ethereum too, Especially now its price has dropped. The second is Kucoin I see their strong exchange which may be similar to Binance Coin.

And the third is PundiX, Due to its good development now that will definitely give it a lot of investors, Especially their blockchain phone to be released in the market!
3rd one? That should be something else. I will go PundiX. They are getting larger now adding more coins in their wallet service which is the XPOS or Xwallet.
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October 28, 2019, 03:54:42 PM
 #49

Describing a shitcoin varies from person to person. An alt that made you good money doesn't mean that it's a promising one. So please be honest, and if you ever have to sell your btc, what would you buy with them?

My first vote to Monero, for privacy reasons. Fuk ZEC and its "optional privacy" which is NOT a privacy actually. DASH? Lol, no privacy. Another bitcoin clone methinks.
Second one is Ethereum, there is no serious competitor in smart contract area.

I cannot find third one. Maybe NANO.
Ethereum would be my very first choice if you want me to convert from BTC to any other altcoins. But my second option could be Litecoin itself. I know that there is no development in LTC since a few years but frankly speaking it fulfills almost every flaw left over by BTC. Be it transaction speed or maybe high transaction costs LTC takes care of that. Moreover it is equally secure as BTC and as of now is not facing any kind of scalability issues at all. If crypto market will prosper it's obvious that you would need a currency for day to day settlement and Bitcoin's flaws will not allow it to be number one so most of the people would turn to LTC only.
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October 28, 2019, 07:01:35 PM
 #50

So please be honest, and if you ever have to sell your btc, what would you buy with them?

just another shitcoins with High rate of HYIP , by the way, i never hodl it for long time , follow some trend then take a place.


My first vote to Monero, for privacy reasons. Fuk ZEC and its "optional privacy" which is NOT a privacy actually. DASH? Lol, no privacy. Another bitcoin clone methinks.
Second one is Ethereum, there is no serious competitor in smart contract area.

I cannot find third one. Maybe NANO.

both of them is good ,

well, that depends on what criteria you are looking for?
i just have suggestion , why not following a trend, u know , nowdays,utility tokens seems popular, just choose one of them , such as BNB or HT or KCS.

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October 28, 2019, 11:45:41 PM
 #51

Browsed the answers of some of the known users here and it looks like Ethereum really won this time.

Wise choice will be the same, Ethereum.
It is already established, secured and low transaction fees.
What else could you ask for? It is almost as the same as bitcoin but the smart contracts really made a lot of difference.
Although there are negative sides of it, the good thing is it gave some company a chance to grow with the use ERC20 tokens.
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October 29, 2019, 12:03:17 AM
 #52

~snipped~

My BTC will only be limited to BTC/USD pair.

For altcoins, sh*t or not, I do have separate funds for that only limited to altcoin trading. This is to ensure that my strategy will not be affected by some of the given circumstances on either BTC or alts.

In terms of choosing altcoins, no doubt the technology behind it isn't really the main reason why people preferred this or that to trade. Volume-wise and popularity are the main criteria*. I do have my own list on my portfolio but decided not to share with it as lurkers might be confused about what to choose especially, newbies. They will think that just because those coins give profit to others, they will expect to have the same result.

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October 29, 2019, 03:15:45 AM
 #53

I will not sell all the valuable bitcoin assets like bitcoin only to be used to buy altcoin because I think bitcoin has very good potential and bitcoin can also make a lot of profit because I believe from year to year the price of bitcoin always goes up and becomes expensive.
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October 29, 2019, 03:19:49 AM
 #54

I will not sell my bitcoin to buy altcoins, Its not a wise decision especially now that the value is improving.

I would rather use my fiat to buy additional altcoins and that would be eth, bnb and ltc. Im seeing these 3 alts with a good future knowing how established it is.

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October 29, 2019, 03:44:18 AM
 #55

Describing a shitcoin varies from person to person. An alt that made you good money doesn't mean that it's a promising one. So please be honest, and if you ever have to sell your btc, what would you buy with them?

My first vote to Monero, for privacy reasons. Fuk ZEC and its "optional privacy" which is NOT a privacy actually. DASH? Lol, no privacy. Another bitcoin clone methinks.
Second one is Ethereum, there is no serious competitor in smart contract area.

I cannot find third one. Maybe NANO.

I will buy more ethereum or low price coins like grin, atom, trx, or ada. But that will need to observe and analyze more in the market because I need to find out more about which altcoin will be potential to increase later. I think every altcoin can be potential, but it will need time to find out the right coins, and I feel the market still unpredicted. But I don't want to sell my bitcoin to buy altcoin because I already buy many altcoins in a few weeks or months ago, so I still hold some altcoin which I think it will be potential to increase.

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October 29, 2019, 06:03:51 AM
 #56

if I sell my bitcoin for altcoin, the choices that appear in my head are ethereum, BNB, BCH SV, TRX, and WAVES. I might choose one of them, and if I have a lot of bitcoin, I will do full or more stock on ethereum. but, right now I think selling bitcoin is wrong. however, people are currently selling altcoin for bitcoin.
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October 29, 2019, 06:31:34 AM
 #57

if I sell my bitcoin for altcoin, the choices that appear in my head are ethereum, BNB, BCH SV, TRX, and WAVES. I might choose one of them, and if I have a lot of bitcoin, I will do full or more stock on ethereum. but, right now I think selling bitcoin is wrong. however, people are currently selling altcoin for bitcoin.

So far now, I don't need to sell my Bitcoin, it is more safer than selling it and buying altcoins, yes, there are some altcoins which are good to hold too, but of course majority of it are not. So, the one stated, I agree, but rather than selling my Bitcoin, will just invest a part of my savings to it that I will hold added to Bitcoin.
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October 29, 2019, 09:50:36 AM
 #58

if I sell my bitcoin for altcoin, the choices that appear in my head are ethereum, BNB, BCH SV, TRX, and WAVES. I might choose one of them, and if I have a lot of bitcoin, I will do full or more stock on ethereum. but, right now I think selling bitcoin is wrong. however, people are currently selling altcoin for bitcoin.
With the price spike of the bitcoin market, it is really affecting the holders of altcoins because they are getting hyped up of the price movement of bitcoin and like what you said, they are now selling their altcoins for bitcoin in terms of profit probability. If I were you, I will do the opposite which is convert bitcoin to altcoin since we know that they are on the low because of the bearish market and just hold them until the next altcoin season to fully maximize the potential of the altcoin market.
in this case I am different. maybe I prioritize bitcoin more than altcoin because there are so many decreases that occur in altcoin. Somehow I have a strong feeling about bitcoin, I'm pretty sure the price will exceed $ 15000 in 2020, so imagine when you had a lot of bitcoin at the time.

It might be good to have several altcoins right now, but because there are so many altcoins that are popular, and each altcoin has different potential, I am confused about which altcoin to hold on. however ethereum remains the first choice, but what about the other choices? I don't want to miss the train, so I feel that when the market recovery occurs, the price of bitcoin and ethereum will definitely have a high price.
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October 29, 2019, 10:15:15 AM
 #59

First, I don’t think that I would ever like to want to sell my bitcoin for anything, and if I pick interest in any altcoin, I would rather just prefer to use fiat to buy it afresh because bitcoin is full of so many surprises, it could be that the time I sell the bitcoin for altcoin is when bitcoin will start growing in value which I think I would not want to take chances for that.

Talking of choice of altcoin though, i think that Ethereum is still one of my favorite and potential coin, which I believe greatly in the future of Ethereum, after bitcoin, the best choice of altcoin would be Ethereum and like you said here, if I eventually decide to sell little of my bitcoin for altcoin, I think that I would rather prefer to also sell it for Litecoin, I have never believed in any project as much as I also believe in Litecoin too.

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October 29, 2019, 10:53:41 AM
 #60

~snipped~

My BTC will only be limited to BTC/USD pair.

For altcoins, sh*t or not, I do have separate funds for that only limited to altcoin trading. This is to ensure that my strategy will not be affected by some of the given circumstances on either BTC or alts.

In terms of choosing altcoins, no doubt the technology behind it isn't really the main reason why people preferred this or that to trade. Volume-wise and popularity are the main criteria*. I do have my own list on my portfolio but decided not to share with it as lurkers might be confused about what to choose especially, newbies. They will think that just because those coins give profit to others, they will expect to have the same result.
I would say to sell bitcoin (in term of trading not for long term investment) for an alts is conditionally , I mean when bitcoin market seems so stagnant and you found it interesting to compare the price between the bitcoin and an alt where certain alt isn't move in the bullish period... I see this as opportunity as when any others alts has moved up but that one altcoin is not yet ... that time I decided to sell my bitcoin up to half of it and start buying those altcoin I targeted before.

That's how my bankroll management works, that's how I build my portfolio. You shouldn't leak the whole portfolio you have , just share some tricks how you do buying those alts.

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