I feared new altcoins might be left out

[mcnocon2]

It depends on what altcoins we are talking about. If you are talking about fraud and shitty altcoins then you obviously made the right decision in converting to bitcoin. However if you accidentally sell an altcoins that have a huge potential in the future then you might regret it in the future but converting to bitcoin is the safest option.

[iTradeChips]

In my case it really depends on the altcoin that I have and if I am still bullish about it. So far only ETH is the altcoin that I would say that I still trust. Long time that I sold most of the altcoins that I have invested time and a little money on. I have some Ethereum tokens but I don't really care about them anymore. Only the main ETH itself.

[iTradeChips]

Well I despite everything trust some new great altcoins will make some positive move as a result of their utilization however I would prefer to go for existing great altcoins to add to my portfolio,research is constantly key.

It has been a while when I last invested in altcoins. The years 2016 to 2018 for me were the good years of altcoins. We definitely need more research now if we would like to see what happened to the top alts and if there are good players right now. I would say a small amount of effort is needed before we can make good decisions in investing in altcoins.

[trauchot]

Top altcoins will not disappear and will sometimes rise in price when big players with manipulators will decide that the right moment has arrived, and of course, the main pump will be on Bitcoin, because it’s Bitcoin that is interesting for big players and investors, so in our portfolio you need to hold bitcoin and top altcoins.

[LogitechMouse]

~

It is a good move that you've made.

Many are expecting that most of the altcoins right now will disappear in the near future for some reasons like lack of support from the investors, lack of development (abandoned coin) and the coin has just created to scam other people that is why I'm holding Bitcoin right now and a bit of ETH since I believe that these 2 will exist in the next years and maybe decades.

What happened in 2017 is that most of the altcoins followed the move of Bitcoin. Now if Bitcoin will make a parabolic move again, I don't know if the altcoins will follow it but one thing is for sure an altcoin season will happen but I don't know when.

[MWesterweele]

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

Yes it is better to do mate ! I remember in that year I lose a 1bitcoin and up because I did not be able to sell my coins and then bad thing happens, in 2018 my coins go dump and now it is a shit coin, I will not forget that thing , I always have that regret not selling that coin, wish I could turn back time, so that I could have a bitcoin now and also some business, I hope 2017 ATH will happen again.

[adzino]

New altcoins? Well most of them are just clone of other clones or are just a total shitcoin. Obviously they are going to be left out. You did the right thing to sell it and buy bitcoin with it. As soon as the price of bitcoin will start to increase, people will sell those altcoins and then jump into bitcoin investment, making the price of those altcoins go down further. Try investing on bitcoin and those other well known altcoins.

[thesmallgod]

This is what any brave crypto investor will do. selling shit coin to buy bitcoin. You know, in 2017, alot of people ran to crypto investment and it was a big investment because you can make 10x your investment by investing in project backed token. This is mainly due to the influx of the new traders and investors which stabilizes and also grow the price but now that a lot of bad eggs have entered crypto business by abating and creating project with intention of scamming, it become an obstacle to see token investment booming even if there is another bull run of bitcoin so it is wise to stay with strong coin and trade away other less valued altcoin

[Latines]

This is what any brave crypto investor will do. selling shit coin to buy bitcoin. You know, in 2017, alot of people ran to crypto investment and it was a big investment because you can make 10x your investment by investing in project backed token. This is mainly due to the influx of the new traders and investors which stabilizes and also grow the price but now that a lot of bad eggs have entered crypto business by abating and creating project with intention of scamming, it become an obstacle to see token investment booming even if there is another bull run of bitcoin so it is wise to stay with strong coin and trade away other less valued altcoin

I understand correctly, do you suggest investing only in bitcoin? No more investing in any coin. Even ethereum? But there are projects that really improve life, they have their own coin. Is it also better not to invest in them? Or did you mean investing in bitcoin for enrichment, and not for the development of cryptocurrency and blockchain?

[miklesm]

I agree with your position, holding altcoins is a bit risky, especially those are not in top 20 on CoinMarketCap. There is a huge risk the majority of altcoin will not have a real use case in the future, so their tokens will be useless.

[kambaralikhan]

Cryptoeconomy doesn't need new projects, it need new investors, mass adoption, huge investment and progressive legislations to increase it's acceptability. There are launching so many projects everyday but investors are not there to invest.

[Kvalentine]

We have too many new coins in crypto space but we are lacking behind because of lower investors, how will adoption rate grows when no one is investing? focus should be on mass adoption not more newer coins

[RussiaUkraineTranslation]

There is always room for new coins, just as there is always room for new businesses and products in the world. You guys are being really myopic, this is a new technology and we are early. Get yourself some ETH on ecxx and buy some low cap gems like $BRAP and cash out during the next bullrun.

[South Park]

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.

When bitcoin gets in a bull run then most likely the price of altcoins is going to go up as investors are going to feel more comfortable with their profits and their greed and their appetite to get more profits increases they will be willing to take bigger risks, but this is a very dangerous thing to do no matter how you look at it, when that bull run stops then you can be sure that those altcoins are going to be the ones that are the first affected and if you do not get out of them in time then you will lose everything.

[TemTum]

I hold a few moonshot coins more than the Top 10 coins

Better to invest in proven and launched tech with strong use cases

When the bull run comes - i hope we see as before - once BTC goes ATH the profits will move out of BTC and into alt coins

Best one i hold is Temtum - working mainnet based on brand new tech from Richard's PhD and MOU's with a national state to run their currency - i can see this going big

https://www.coingecko.com/en/coins/temtum

https://t.me/Temtumofficial

[XCANA]

New altcoins might make a better altcoins because of the project, how its been sponsored and the team behind the project. There are already millions of altcoins around the entire cryptocurrency community, most of these projects have prospect and a workable product, so, such project like this will not be feared. Currently, am holding a good number of altcoins in my possession and have made good profits from them. Good altcoins are still there with great benefits.

[LbtalkL]

I think if the altcoin is really promising and you have done a lot of research already maybe for me, I will just sell 80% - 90% of it for bitcoin, of course, your decision is good #BTC is the safest coin in cryptocurrency no doubt about it. Only legit, unique and has community support will survive of course if no one is buying or support it, it will probably die. But bitcoin is different no one is backing it just the community is enough.

[flagpara]

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 don't want to sell my token. My experience was "Thinkcoin", During Bitcoin touch 13000 USD, thinkcoin did great bullrun. Altcoin price will change after Bitcoin halving. This two ways is profitable, swap Bitcoin or other coin could safe than old coin.

[hulla]

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 don't want to sell my token. My experience was "Thinkcoin", During Bitcoin touch 13000 USD, thinkcoin did great bullrun. Altcoin price will change after Bitcoin halving. This two ways is profitable, swap Bitcoin or other coin could safe than old coin.

Most altcoin will experience the bullrun but there are very important features you need to compare before making the decision to hold the token you have in possession and i will advise you to compare the coin you mention features and level of support when it was launched to those you have now.
Meanwhile, if you sell your token for BTC now you'll even make more profit through BTC than the token.

[Chuky92]

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

The idea is good but needs a little re-adjustment, and that is, not all altcoins will be left out. It is true there are many altcoins today with more upcoming up as well, in the same way there are good altcoins which are good to hold, if worst comes to worst then top altcoins are worthwhile. In the same way, holding Bitcoin is always the best but in my own opinion I think it also pays to hold 1 or 2 altcoins could be major altcoins to be on the safer side or other altcoins with clear direction on what they want to achieve. If I were you, I would hold a good portion of Bitcoin with a lesser portion allocated to other altcoins..