Coming from altcoin to bitcoin

[cryptoangel]

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.

Bitcoin and altcoins are stay in a crypto market so most are think, which one is best in the market. The market growing faster so both are good to invest, may be some peoples are like to invest Bitcoin. But Ethereum and BNB also best platform for current traffic so we must plan the step by step and invest our own manner.

[julius caesar]

If you are going to sell your altcoin for bitcoin, then you are on the correct decision. Why? Because we all know that halving even is happening very soon. So you better take the opportunity to have some bitcoin while the price of it is not that high. If you bought bitcoin on a cheaper price today, you will have a profit into it if you sell it after the halving.

[bdivrik]

Bitcoin still has the most active system. There are projects with a better network than Bitcoin. However, the Bitcoin price dominates the whole market. In this case, it does not make sense to invest in altcoins. Bitcoin is still the most popular project in this case.

[mobilestrike]

If you are going to sell your altcoin for bitcoin, then you are on the correct decision. Why? Because we all know that halving even is happening very soon. So you better take the opportunity to have some bitcoin while the price of it is not that high. If you bought bitcoin on a cheaper price today, you will have a profit into it if you sell it after the halving.

Yes this time is the time for to wait halving and to be prepared for that so we need to buy as much bitcoin as possible and if someone do not have money and have all in cryptocurrencies then if they want they can put some of their coins in bitcoin to get the halving pleasure while after that if the see their coins rising in value then they can again put their money in that altcoins to not miss the chance of profit.

[yanto@1977]

Most people will take your way to get fresh money, by the way saving shit coins is not worth. We are bounty hunter and get income in currency is our goal. We can avoid scam project but this is down trend and sell all coin and saving into currency or bitcoin is wise step. Never forget that " hold " not always works and prepare for the worst is the best we can do.

[Aikidoka]

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

That's really a good idea because the most of altcoins are really so bad ans not profitable at all. It's kinda rare to find a good crypto currency beside Bitcoin that good enough, like the shitty coins are really a lot in the coin market cap. Altcoins are really good when we're talking about trading because it's really profitable if you buy a lot of em cheap and sell them in short term period when they're increasing.

[joshy23]

Most people will take your way to get fresh money, by the way saving shit coins is not worth. We are bounty hunter and get income in currency is our goal. We can avoid scam project but this is down trend and sell all coin and saving into currency or bitcoin is wise step. Never forget that " hold " not always works and prepare for the worst is the best we can do.

Yeah its only timing and luck that will work well in case you have that to earned more. But instead of risking to that and waits for it to come better to
exchange it to bitcoin and hold as there's much bigger chance to earned than waiting for shit coins to pumped.

[jacafbiz]

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

There is no one that held on through the 2018 bear market that did not lose money doing so, investment of $10k turns $30, tokens of $1 turns $0.0002. Some of these tokens I can't sell them, count them as loss, if they come back pumping good  but if not move on. I believe it this year is going to be BTC year ad even has its dominance hit close to 80%

[henrybek3]

Bitcoin domination is very falza. Even if the bitcoin price goes up, altcoin prices are adversely affected. Why should people invest in altcoins? For altcoins, the bitcoin price needs to remain constant. In 2020, there could be such an improvement.

[magneto]

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, it depends on what you're selling.

If you're selling worthless tokens that are bound to go to zero due to their inherently crap fundamentals, then kudos to you because getting into bitcoin is a smart decision to make given that bitcoin has very strong fundamentals and will continue to be a stable force in the crypto space.

If you're selling certain undervalued coins (XMR for example comes to mind) then it could potentially mean that you miss out in future pumps, but even then it wouldn't matter by much since BTC generally sets the pace of the crypto market. You'll still reap the benefits of a bull market for sure.

[Yamifoud]

You have nothing to worry buddy, you have the right choice and absolutely not regrettable.
Diversification is somewhat not new to everyone and besides, it happens most of the time especially when we see profitability with the other coin. We know how bitcoin is on the move nowadays and holding low performer altcoins is no help at all for them to stay. Better to sell it and convert it into Bitcoin because it for sure, you'll become more profitable at this time. You will lose on the other side but you also gain on the other side in returns (more than enough to consider).

[Desscount]

my advice is now better to hold altcoin 50% and Bitcoin 50%, if you already get profit from altcoin buy Bitcoin, but not all of them, the potential for both is still very high to go up, good luck

[djgtr]

If you came from worst situations with altcoins, then proper diversions will take place. Reverting our mode of holdings can be done through bitcoin as an asset, and don't hold altcoins if you see no improvement in the long run.
We should make things as first priority, in case if there's a fear of bigger lost when holding non sustainable alts.

[tenakha]

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

Obviously, no need to be a top altcoin, it is enough to have real product and team. But if they do not have these qualities and you think they will not succeed in the future, I support you in your decision. The weak altcoins you mention will weaken as time passes by, so you lose more every second you are late to sell. Buy and switch to BTC, IMO losing at BTC makes you feel better than losing at altcoins like them.

[sana54210]

Selling an altcoin that does not have a pitential and switching to Bitcoin is a very precise decision because now many new altcoins are not worth so many investors who feel at a disadvantage, and in this year Bitcoin and Altcoins are already Have a pitensi growing back and this is a good time to invest in it, because for the future we must be able to reap a big profit in order to redeem any losses in the previous year.

This is actually what most of the investors or the bounty hunters think and it is what dumps the price for the newly launched token/coin which hits the exchange. In my opinion, you can hold the tokens which has potential and also which has a strong product behind.

Also holding utility token can be beneficial as the demand for utility tokens rises up much quickly once the project launches as the investors buys the utility tokens and it creates the demand no matter how many bounty hunters sell their tokens. If you see the volume increasing in a ascending manner for any of such utility token which you earned from the bounty campaigns than you can hold that token because there is a possibility to have high growth of that coin in the coming future.

[VeeTeaSee]

now selling alts for bitcoin?"
you'll probably regret for selling the bottom..
the sentence dont buy top and dont sell the bottom - is just about situations like this
alts may go more down, but most of them look really interesting on the charts
yes bitcoin may run up now, but with alts you can double your bitcoin holdings or triple it

[qomariah95]

A good investment is indeed in Bitcoin and it doesn't hurt to invest in some of the top altcoins. Unless you are investing in new tokens / coins which certainly do not have considerable potential. More Bitcoin in your portfolio and add some altcoin.

[LouVandetta]

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

It depends on which altcoins that you're holding. In your case, you're holding a new altcoins from bounties, it's risky actually hodling your rewards especially from new projects. You've already seen that the value from 2k turn to $20. Nowadays, it's hard for new coins to survive in this market, either they could have a good price or died in the process.

So it's your choice if you want to switch to bitcoin after all that, or you could also turn to major altcoins. Of course with a proper research.

[Sithara007]

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

IMO, you did the right thing. I made this step almost two years back. And looking back, I am happy with the outcome. The problem with the altcoin market is that there is no real usage with any of these coins. And there are too many of them in existence, with dozens more being created and listed every day. I am not sure whether there will be a recovery in the altcoin market, at some point in the near future. But I am sure about one thing. There is no room in the market for 10,000 different cryptocurrencies.

[Landak]

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 have made the right steps even though you are too late to realize it, you realize when the coins you have are getting less and less the value of the price and then start selling it and buying bitcoin as an investment.
Actually, most people are now doing it, selling bounty tokens and buying bitcoin. if there are still people who are loyal to hold the bounty token, it means that person has extraordinary optimism, has imagination beyond limits.