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Author Topic: Coming from altcoin to bitcoin  (Read 1067 times)
betty11
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January 12, 2020, 03:13:09 PM
 #61

Most of my altcoin from bounty campaigns are just shitty, I will rather leave them for project to shutdown than selling for penny. If the team are serious, they will do something about the price otherwise, let it just disappear.
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January 12, 2020, 03:17:31 PM
 #62

I don't think it is true that you sell altcoins, investing in bitcoin is still good, but altcoins also bring a lot of opportunities and high profits. You should think again.
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January 12, 2020, 03:21:01 PM
 #63

I love and only invest in bitcoin and not in other altcoins. Previously I and you have invested a large amount in altcoin and lost, and now I have abandoned altcoin.
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January 12, 2020, 03:21:30 PM
 #64

It depends on the potential of the altcoins that you're holding. Holding altcoins is still a good choice but if you're holding coins without good potential then you better sell it for Bitcoin at least you could have an assurance of good profit in the future. We all know that holding Bitcoin will always be the best choice especially for those who have seen its capability.
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January 12, 2020, 03:33:43 PM
 #65

I agree that you should exchange all altcoin to bitcoin because those altcoin might lose much value if bitcoin bullrun. You should only hold top altcoin and sell all altcoin which not in top 30 because these altcoin can not be exchange directly into usd, you must exchange these into bitcoin first and this may drop much in bitcoin bullrun. You should decide as soon as possible because i feel that bitcoin bullrun is coming.


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January 12, 2020, 03:41:27 PM
 #66

I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
You know it is the right decision. You are holding coins from bounties that turns out to be a $20 while holding them, it is good that you have decided that way and right now you should have collected more bitcoin before halving and enjoy more profit when that time comes.
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January 12, 2020, 03:45:23 PM
 #67

I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
You know it is the right decision. You are holding coins from bounties that turns out to be a $20 while holding them, it is good that you have decided that way and right now you should have collected more bitcoin before halving and enjoy more profit when that time comes.
You are right even now I sell some of the altcoins that I have for bitcoin. I believe growth will occur when halving is run. the market is moving with a major update being made to bitcoin because we know the effects of the bitcoin movement will grow the market very quickly.

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January 12, 2020, 03:53:21 PM
 #68

So you were one of those hodlers of alts hmm. Well it is uncontrollable anyway. What coins were you hodling? I am curious of it since 2k to 20 USD is quite a sharp decrease.
Well I guess you chose already to invest in Bitcoin. If it is for long-term, keep it. If it is for short-term, you might consider few altcoins again.
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January 12, 2020, 03:59:13 PM
 #69

I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits

Within few years time most of the altcoins will struggle to survive or be dead. The best option to secure your investment is to invest in Bitcoin for long term.

There are some who will say you to diversify your portfolio. I agree too but major investment should be in Bitcoin.

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January 12, 2020, 04:02:06 PM
 #70

I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
If the altcoins you are holding are from bounty, it is best to sell them all as soon as possible and buy bitcoin or the top altcoins in this market. The price of the altcoins you are holding will definitely drop in the future and it is difficult to increase with the current market, which will be a great and right decision for you.
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January 12, 2020, 04:02:31 PM
 #71

It depends on the potential of the altcoins that you're holding. Holding altcoins is still a good choice but if you're holding coins without good potential then you better sell it for Bitcoin at least you could have an assurance of good profit in the future. We all know that holding Bitcoin will always be the best choice especially for those who have seen its capability.
However, he is not holding a potential coin. (refer below)

Basically, selling it was the right choice. Bitcoin can do better and even if there is no assurance or guarantee for a good profit, it is better since it is good for long term investment.
most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them




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January 12, 2020, 04:06:38 PM
 #72

not everyone can take the decision you take like that, just look at many people who already feel loss because altcoin and tokens are falling in price, that's a risk in trading, sometimes we have to know when to make the right decision to sell and switch even though we feel loss , I only hold the best altcoin so prices don't fall too deep

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January 12, 2020, 04:29:04 PM
 #73

not everyone can take the decision you take like that, just look at many people who already feel loss because altcoin and tokens are falling in price, that's a risk in trading, sometimes we have to know when to make the right decision to sell and switch even though we feel loss , I only hold the best altcoin so prices don't fall too deep
Indeed. Not everyone can take that kind of decision because everybody still feels that their altcoins from bounties could still have a good value, even it will not, that is why they chose to hold it until it has a good value. I think he is making a right decision that he should only invest his shitcoins into bitcoins, so that it could be a worth even just a small amount.
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January 12, 2020, 04:39:32 PM
 #74

I love and only invest in bitcoin and not in other altcoins. Previously I and you have invested a large amount in altcoin and lost, and now I have abandoned altcoin.

Great, I think you will make a profit from bitcoin if you decide to invest in bitcoin. By the way, altcoin can also help you to make a profit, but it's only if you can select the right coin because, in the market, there are so many potential altcoins that can give us the profit. But unfortunately, we don't know which coin can provide that way to us, so we need to analyze one by one of the coins so we can get that coin. It will need time before we can get the right coin, but trust me, that is worth to do that.

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valuater
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January 12, 2020, 04:45:26 PM
 #75

altcoin investment is really this is a painful time and some of my friends who save the results of the bounty in 1-2 years have had the misfortune of losing tens of thousands of $ because they are sure about the price will rise to more than 2x when the price of the pump, indeed when this investment like bitcoin is more guarantee in my opinion but it's also not easy.
breathlessz
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January 12, 2020, 04:45:47 PM
 #76

not everyone can take the decision you take like that, just look at many people who already feel loss because altcoin and tokens are falling in price, that's a risk in trading, sometimes we have to know when to make the right decision to sell and switch even though we feel loss , I only hold the best altcoin so prices don't fall too deep
Indeed. Not everyone can take that kind of decision because everybody still feels that their altcoins from bounties could still have a good value, even it will not, that is why they chose to hold it until it has a good value. I think he is making a right decision that he should only invest his shitcoins into bitcoins, so that it could be a worth even just a small amount.
especially for altcoin who have been pumped, it feels a pity to sell it at a low price. even though it may be that the value will not change, even many projects are dead without any innovation, so how can they develop. therefore it takes courage to move our assets to bitcoin, rather than not receiving a return later


Adriano2010
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January 12, 2020, 04:55:56 PM
 #77

I also think is very good choice to sell new altcoins for bitcoin and hold the bitcoin until a bull run will come and after just sell if you feel you make enough profit or sell a part and hold the rest for longer.
Hamphser
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January 12, 2020, 04:56:41 PM
 #78

You did the right choice because those coins who are not moving and not in the top coin list is a bunch of shit coins. Sooner or later they were all gonna be lost and i don't think you like that while you haven't made a single penny from it. Make sure to do invest more in bitcoin and less in altcoins.

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Kersh768
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January 12, 2020, 05:31:11 PM
 #79

I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits

Well, you have just made the right choice and decision of selling them out. It will be just a stressful matter keeping and holding into Altcoins you know that are not worthy to spend time and effort holding for a long period of time. Once you have identified and proven that those are no good anymore, sell them and decide the best thing to do on how you can use the money you will get from it. Since you have mentioned that you have just sold out those Altcoins that do not belong to the top rank Altcoins, why have not you tried investing into those that are into the top? It will surely be worthy since the recent ones you have are not on the list, I think it will worth a try to still get into Altcoins but this time, you will be getting into the top rank Altcoins now. It is a good decision investing all of your money into Bitcoin since we all know that Bitcoin is a well-known cryptocurrency which is really worthy but having Altcoins aside from it will also be much worthy as long as you choose those that have the potential of growing.

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January 12, 2020, 05:48:44 PM
 #80

I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
You can holding with altcoin but looking first how much transaction volume of you coin holding, you can compare with other altcoin could raise more than 100% from price on the early when listing with exchange market, not all coin have the same progress because many altcoin have lower price after holding with long term, check about developer how to get their coin keep on higher price.
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