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Author Topic: I feared new altcoins might be left out  (Read 2002 times)
orcobbe
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January 29, 2020, 06:38:06 PM
 #181

This is exactly what I have noticed as well. The problem I figured out - there are many pretty similar solutions, however they are not coming with something unique that would be advanced and attractive

This is true. I would say that I am only aware of 1 truly advanced hardware wallet. Kinda unique one, with own standards and real results
Denongels
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January 29, 2020, 06:44:21 PM
 #182

Which altcoin actually depends? Is that from IEO? if yes, it should be good to leave, especially if the IEO comes from a launchpad which is not clear because in recent months their prospects are very bleak, but if they come from a good launchpad I think keep some and sell some because I think a number of altcoins will succeed at ath this year.

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January 29, 2020, 06:44:48 PM
 #183

This is true. I would say that I am only aware of 1 truly advanced hardware wallet. Kinda unique one, with own standards and real results

What is the one you are talking about? Curious to know, cause I couldn't find the one that would meet my requirements
orcobbe
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January 29, 2020, 06:47:04 PM
 #184

What is the one you are talking about? Curious to know, cause I couldn't find the one that would meet my requirements

The one I am talking about is GetHashWallet. Basically, one of the most advanced solutions these days. This is a secured and private hardware wallet, it is arrow certified and reliable. What also makes sense - guys had successful campaign on Indiegogo. And the product is already available for sale, so everyone can try it out. And I recommend you to have a look at their website, cause there is a lot of useful info available there
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January 29, 2020, 06:49:02 PM
 #185

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 would have equally sold out my starsh too because, new coins are likely to disappear within some short time. Many coins in my wallet have actually disappeared to zero due to hype of different magnitude from new projects. For now, any new coins entry into my wallet will be meant to be exchange with Bitcoin. Am better with Bitcoin and not new coins.  

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January 29, 2020, 06:49:47 PM
 #186

In my opinion, as long as you keep a new altcoin that has further price developments then you don't need to worry about leaving it, unless you have a new altcoin that is difficult to develop, then you need to change it to another cryptoqurrency that is better than before. but it's much better if you prioritize bitcoin for investment.

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January 29, 2020, 10:31:58 PM
 #187

Selling altcoins for bitcoin is a good decision because making bitcoin as the main investment is the most important, but I personally do not worry about it because when bitcoin reaches a new ATH it is very possible for altcoin to achieve it too even though its achievement takes longer.
I support what you said for we're in the market season where the direction of crypto market is determined by the bitcoin market.
@OP, there are several things which will tells if a new altcoin will follow bitcoin once the bull run market start but the level of community support are very important.

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January 29, 2020, 10:51:39 PM
 #188

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 would have equally sold out my starsh too because, new coins are likely to disappear within some short time. Many coins in my wallet have actually disappeared to zero due to hype of different magnitude from new projects. For now, any new coins entry into my wallet will be meant to be exchange with Bitcoin. Am better with Bitcoin and not new coins.  
but the tokens that you receive at this time are that most of them are not too optimal to be developed or indeed have been abandoned by the CEO and its developers. can hold it until the price can go up to be expensive but do not know when it will happen.
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January 29, 2020, 10:55:14 PM
 #189

Selling altcoins for bitcoin is a good decision because making bitcoin as the main investment is the most important, but I personally do not worry about it because when bitcoin reaches a new ATH it is very possible for altcoin to achieve it too even though its achievement takes longer.
I support what you said for we're in the market season where the direction of crypto market is determined by the bitcoin market.
@OP, there are several things which will tells if a new altcoin will follow bitcoin once the bull run market start but the level of community support are very important.
You can't expect a good community support when the market is not bullish, most likely, people will mostly support on old and strong coins compared to the new ones, if the market is healthy again, that's the time we will see people supporting individual projects they like but when the market is bearish, people will fear and will always make sure they stick with the stronger ones.

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January 30, 2020, 11:56:06 PM
 #190

Altcoins are waking up slowly now as we may see. But I think if there are some strong movements on Biitcoin, money will flow back to BTC immediately, so be careful now.

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lienfaye
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January 31, 2020, 03:11:14 AM
 #191

In my opinion, as long as you keep a new altcoin that has further price developments then you don't need to worry about leaving it, unless you have a new altcoin that is difficult to develop, then you need to change it to another cryptoqurrency that is better than before. but it's much better if you prioritize bitcoin for investment.
Its best to stick to bitcoin and altcoins that already prove their worth. There's a chance that new coins might be left behind if the price of btc rise, even well established alts are sometimes not following the movement of btc so what more the new ones?

Nevertheless its good to diversify but choose where to invest because its our hard earned money so its better to be cautious.

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kotajikikox
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January 31, 2020, 03:25:46 AM
 #192

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
why need to ask us here when you are already selling your coins?does it matter if we say not to?and anyway you are making a right decision because we cannot blame you as there is a experience after the 2017 Hype and most of altcoins fell and some almost dead now.better stick to bitcoin because we are here in 2020 when the expected growth will happen as the awaited Bitcoin Halving will happen.

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January 31, 2020, 04:28:36 AM
 #193

If you still have some that have not been converted to bitcoin, then it is better to convert all the coins you have to bitcoin. Because it's better to do everything that has happened and hope that bitcoin will continue to increase going forward. So you can benefit.

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January 31, 2020, 04:57:47 AM
 #194

Altcoins are waking up slowly now as we may see. But I think if there are some strong movements on Biitcoin, money will flow back to BTC immediately, so be careful now.
Yes, recently many old altcoins have gone pretty well. I only sell some of them. Most of them are now very lowered in price, so I see no reason to sell them. Some of the altcoins can bring much greater profit than even bitcoin. Therefore, the whole thing is in a specific altcoin. Some will be useless, others will be profitable. I do not think that all tokens need to be exchanged for bitcoin.

superving
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January 31, 2020, 05:15:03 AM
 #195

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
youve made the right decision selling some of your altcoins that on near death, if i were you i will also do that .Some altcoins will die this year because the team has stop updating the project and thier community.

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January 31, 2020, 05:40:24 AM
 #196

selling new altcoins to invest in bitcoin is very good but it all depends on the project because recently I also saw some altcoins that have potential in the future

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January 31, 2020, 06:14:26 AM
 #197

selling new altcoins to invest in bitcoin is very good but it all depends on the project because recently I also saw some altcoins that have potential in the future

yep not all alts are bad and if you think the alt that you have , have a potential why will you dispose it  ?  even if you dispose it for btc that is still a bad move imo   . but keep in mind that there are also altcoins that we think good but it turns out bad at the middle or at the end of thier session  .  these are the coins that we must avoid because these are the coins that will left out  .  if you are unsure ,  then better if you only pick btc since also wanted to swap your alts for btc later on   .
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January 31, 2020, 06:20:28 AM
 #198

I truly don't think new alt coins may be forgotten about in light of the fact that when the price of bitcoin ascends, it will affect the altcoins price likewise that may lead for them to ascend considerably more. It makes certain since the altcoins cost is needy to the bitcoin cost. On the off chance that the new altcoins will be dump, that is impermanent yet sometime it will likewise ascend.
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January 31, 2020, 06:36:25 AM
 #199

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

It varies from project to project, yes what you did was the right though if you aren't holding at least the top 10 coins in CMC. Nowadays many altcoins are just replicas of others with nothing new to make them relevant. Also, for someone who want to hold long term most altcoins aren't worth it because swap etc. Furthermore, anytime any day, holding BTC is the best bet as it stands to give more returns unlike other altcoins. While a greater number of altcoins aren't worth it and will surely miss out should there ever be a surge like that of 2017, altcoins like Eth won't be left out. So like I earlier stated, it depends on the type of altcoins.

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January 31, 2020, 07:42:52 AM
 #200

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 is also a very reasonable decision. I also sold a number of small alts outside the top 50 CMC, which are Komodo, Enjin, BTT. These are the alts that didn't have a good growth during the bitcoin bull run. I think our investors are wiser now, they are gradually selling non-potential alts to hold bitcoin and gain good profits in the long run. That's why the Bitcoin dominance is still at a high level of 66% and the rest belongs to the top 10 alts. Maybe investors are fed up with the promise of shit alts out there, now is the time. The crowd invested in the top alts. We should follow the trend to get the best profit. Grin


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