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Author Topic: I feared new altcoins might be left out  (Read 1991 times)
Greatchu (OP)
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January 15, 2020, 01:40:25 PM
 #1

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

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January 15, 2020, 01:48:55 PM
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 #2

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

This will vary completely depending on which project you are talking about. Since 2017, more than 1000 crypto currencies have emerged. It might be a bit naive to think that all of this is legit.

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January 15, 2020, 01:53:51 PM
 #3

Portfolio allocation management is very important to get the maximum investment results or on target. New Altcoin? I think for a lot of time it's bullshit and not proven. Of course, I always put Bitcoin first and foremost, the allocation for bitcoin is naturally more than 50% of your total investment, you need to throw away what you don't need to hold back. Soon the bull run will start, so think as clearly as possible so you don't miss the ticket. Many people today are switching to bitcoin, there will be good news soon (halving).

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January 15, 2020, 01:57:37 PM
 #4

Let's sell the coins we see that can't keep up with the price of bitcoin. Because once the bitcoin bull run starts I am sure the prices of useless coins will drop and it will probably die.
And of course don't forget to store reputable coins like ethereum and litecoins.
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January 15, 2020, 01:58:29 PM
 #5

can you be more specific with the new altcoin that you mentioned? name the altcoin if you can do it.
speaking about the bull run, in 2017 we were experiencing a hysteria because of the ico. we might see another bull run in the future but it is very unlikely for us to experience the same thing as we used to be in 2017 because in the future the growth will be more natural and the surge will be created based on adoption not because of hype. people tend to learn from their mistake.

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January 15, 2020, 02:00:57 PM
 #6

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

And at current time most of the alts are performing better than bitcoin. This also shows a new trend of growth in crypto market. And bitcoin and two of it's fork are on top 5 places by coinmarketcap. But it's time to sell your coins because a correction dip is coming soon.



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January 15, 2020, 02:01:35 PM
 #7

Indeed Bitcoin is the main asset you must have, but you can also allocate a few percent of your assets to altcoin. Because there is still altcoin in the top 100 coins, which promises in the future, so it all depends on the altcoin you hold, worth it or not, hold or leave.
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January 15, 2020, 02:04:43 PM
 #8

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
New altcoins are like double edge sword it might hook up with bitcoin price trend or go in the opposite of it.I won't take risk of holding new altcoins so you made the smart move.

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January 15, 2020, 02:12:31 PM
 #9

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position

You are right everyone's attention is on Bitcoin right now that new coins are negligible, and investors do not have interest in it, it's better to buy Bitcoin now than stock new coins in the hope that the bull will bring it profit because you bought it at a very low price.

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January 15, 2020, 02:15:27 PM
 #10

As years passed by new comers/investors only know Bitcoin. If you will introduce crypto to them, the first thing that comes into their mind would be "bitcoin", so basically, as adaption occurs you cannot deny that altcoins will be left behind as some or most of them doesn't any position YET but who knows if they will have more development and exposure in the next years or in the next bull run.
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January 15, 2020, 02:20:37 PM
 #11

My goal is always to acquire Bitcoin trough the cheaper altcoins.
Back in 2016 I had Almost 2 Bitcoins because of my Altcoins, and the good thing is that you can always sell your Altcoins for Bitcoins whenever you want.
Because Bitcoin is kinda expensive to buy and for most people it is already to expensive (they can only buy a small part of a bitcoin)
Also transfering Bitcoin is to expensive compared to other Altcoins, I think Bitcoin is really for the bigger Transfers/purchases.
And not for very small amounts under 100$ in my opinion.
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January 15, 2020, 03:44:21 PM
 #12

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
I will try to put more to the bitcoin but it will not so much caused by the latest trend that is happening in the market has already proven if the possibility for altcoin to increase is always there. I have bought DASH last week and im sitting on 60% profit from my initial investment.
Altcoin is not so bad as those people said as long as you can choose the correct coin to invest. Remember the key to invest in altcoin will be your due diligence to identify which coin that will bring you to profit in the future.
Just try to consider the bottom position as your main key to enter the market.
It's also a good decision too to decrease your altcoin portfolios and then put it into the bitcoin to bet on halving.

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January 15, 2020, 03:52:49 PM
 #13



There will be altcoins that will be left out some are already been dead as well. Some that I have been holding since 2017 didn't make it. With them just listed in an unknown exchange will really be that difficult to rise up unless DEX is going to be used by those who pumps the altcoins. Luckily some of them are listed on popular dex. Those coins not listed in binance or bittrex would struggle to gain %

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January 15, 2020, 03:53:29 PM
 #14

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
Maybe not all altcoins will be abandoned and for me some altcoins are still good to invest like altcoin which is in the top positions like eth and ltc. But for the new altcoin I also doubted it a bit and chose to sell it and invest in bitcoin in my opinion is the right decision to do because for me personally bitcoin is far more promising than other coins to hold in the long term.
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January 15, 2020, 04:26:51 PM
 #15

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
Well, if I were you I would also sell some of my altcoins but not everything I will only sell those altcoins that I got from ICOs before and left only the top performing coins. I don't think that altcoins will be left out, the fact that some of likely to be affiliated with Bitcoin as what I have observed, I mean as Bitcoin pump alts will also do the same.

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January 15, 2020, 04:34:15 PM
 #16

If you want to be safe bitcoin and old altcoin are better for investment now for new altcoins I think it's difficult because most of them are still not useful and that makes the price very difficult for growth like old altcoin.
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January 15, 2020, 04:37:18 PM
 #17

I feared new altcoins will be left out so i start selling some coins for bitcoin because it can be a big blow if altcoin fails to surge like in 2017 after bitcoin reach a new ATH, what do you think? And what would you have done in my position
I think you only need to re-select altcoin which you want to maintain, not all altcoins are bad, excessive worry sometimes affects, it is undeniable that many new coins cannot last long. But not all of them, there are some that can survive and are worth investing.

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OasisDre
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January 15, 2020, 04:45:17 PM
 #18

Its left for everyone to pick projects based on how useful they are, if the new projects have nothing big to offer do not invest on them, few good altcoins are available e.g celer and matic or even gowithmi, team of a particular project is something you should be ready for

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January 15, 2020, 05:00:43 PM
 #19

Many new altcoins have no real use cases that's why they will be left out, many of them have none necessary use cases that won't help crypto users and crypto world that's why they are bad, we already have too many coins, now we need less useless tokens and coins

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mrdeposit
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January 15, 2020, 05:01:37 PM
 #20

Take some time to investigate them thoroughly. Whichever will not benefit you in the future, it will be more profitable for you to change them to btc. In fact, the new project market has been in a very bad case lately, but the market situation had a big share in this matter. That is why I suggest you research, if some of them are good enough to reach a significant point, do not sell them under favorable conditions.
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