fib123 (OP)
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February 09, 2020, 10:23:21 AM |
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Hello Everyone, As we all knew about Bitcoin upcoming event that is Bitcoin Halving, Which is schedule near around MAY,2020. Due to this news you can see that Bitcoin is continuously climbing everyday and todays BTC market is open above 10k USD. This is clearly mentioning bull run in BTC which is always welcoming by all crypto lover. In this time we have to think about what we need to do with our altcoins which is crushing daily basis. Here is my thought about altcoins to be patient and wait for the right time, don't need to panic, I belie that we will be see perfect time to get out from alt market. And for those who are in Bitcoin i advised them to stay away and wait for more dip. What is your suggestion please comment.
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Becky666
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February 09, 2020, 10:34:41 AM |
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Frankly speaking, the upcoming even has happened and things have been seen. I wouldn't advise that one should sell off his or her portfolios because, the main bullish trend for altcoins will be immediately after Bitcoin halve. Although sometimes ago, altcoins and bitcoin always perform well after the event, so, we should study the market before engage in selloffs.
Currently am still holding some of my altcoins in the waet because of this upcoming event that's taking place May, 2020. For those thinking of buying Bitcoin or altcoins should do that before it's over, we are still in the dip.
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Sadlife
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February 09, 2020, 02:23:14 PM |
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That might be a bad idea to selloff altcoins now because currently the bitcoin dominance is slipping and most altcoins currently are outperforming BTC, you can refer to CMC.
A possible altcoin season might take place, still it would be good, to diversify investment to better take advantage in both halving and a possible alt boom.
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Gozie51
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February 09, 2020, 03:27:49 PM |
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My mind tells me that this year will see more altcoins in green unlike last year and the previous one. Hodling altcoins now could be more profiting because the move is gradually increasing in volume for altcoins and more nice project are coming into the market.
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nydiacaskey01
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February 09, 2020, 04:06:56 PM |
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One thing I learned about trading cryptocurrencies, if we are all anticipating an event like example halving and we are thinking that price will move up, more likely, it will not happen as everyone will start dumping and panic when they suddenly see a downtrend. Last halving, nothing significant happened, so why expect that something will happen now? Theres nothing new to offer as far as I know.
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plvbob0070
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February 09, 2020, 04:15:28 PM |
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What is your suggestion please comment.
Have you ever seen that some of the altcoins have now a great improvement today and basically, they will also rise again just like what happens to bitcoin right now. The best option that you can do right now is to diversify your portfolio and try to focus on other altcoins then not only in bitcoin. The performance of altcoins and bitcoin is now pretty good and if ever you have good altcoins in your portfolio it's better to be patient and sell it out in the best time. There's nothing to be panic and it's normal to see the upside-down of the market and keep your eye in bitcoin because you will really see the improvement on its price this year.
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Mumbeeptind1963
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February 09, 2020, 04:18:36 PM |
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Hello Everyone, As we all knew about Bitcoin upcoming event that is Bitcoin Halving, Which is schedule near around MAY,2020. Due to this news you can see that Bitcoin is continuously climbing everyday and todays BTC market is open above 10k USD. This is clearly mentioning bull run in BTC which is always welcoming by all crypto lover. In this time we have to think about what we need to do with our altcoins which is crushing daily basis. Here is my thought about altcoins to be patient and wait for the right time, don't need to panic, I belie that we will be see perfect time to get out from alt market. And for those who are in Bitcoin i advised them to stay away and wait for more dip. What is your suggestion please comment. I think it more good to buy more altcoins, it is buying season before bitcoin halving wherein the altcoins are pumping and it will be more hard for you to buy in that time, so I rather suggest to buy more , do not sell your coins, it will be a bad decision that you will be made, selling coins now. For those having bitcoin, just hodl your coin and wait for some dip before halving, or if ever do not sell your bitcoin either.
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sisule
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February 09, 2020, 04:59:34 PM |
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Hello Everyone, As we all knew about Bitcoin upcoming event that is Bitcoin Halving, Which is schedule near around MAY,2020. Due to this news you can see that Bitcoin is continuously climbing everyday and todays BTC market is open above 10k USD. This is clearly mentioning bull run in BTC which is always welcoming by all crypto lover. In this time we have to think about what we need to do with our altcoins which is crushing daily basis. Here is my thought about altcoins to be patient and wait for the right time, don't need to panic, I belie that we will be see perfect time to get out from alt market. And for those who are in Bitcoin i advised them to stay away and wait for more dip. What is your suggestion please comment. Wait little moment until two weeks later when halving is coming on May you can sell your altcoin assets, still availabe two months later for seeing altcoin back to higher price and get much opportunity how altcoin get positive effect with bitcoin keep stable with higher price, just keep little patient to see altcoin on the moon.
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carlfebz2
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February 09, 2020, 05:59:16 PM |
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Hello Everyone, As we all knew about Bitcoin upcoming event that is Bitcoin Halving, Which is schedule near around MAY,2020. Due to this news you can see that Bitcoin is continuously climbing everyday and todays BTC market is open above 10k USD. This is clearly mentioning bull run in BTC which is always welcoming by all crypto lover. In this time we have to think about what we need to do with our altcoins which is crushing daily basis. Here is my thought about altcoins to be patient and wait for the right time, don't need to panic, I belie that we will be see perfect time to get out from alt market. And for those who are in Bitcoin i advised them to stay away and wait for more dip. What is your suggestion please comment. I'll say its a bit late, it is more better or worth that you had done this step when the price is still on 6k-7k which you should already switch before this time comes. We cant say if we are already on the middle of the bull run or start up. Going all in with BTC? Your choice but it would be more worth when we do talk about diversifying yet we know that if bull run comes there would be significant top altcoin in the market that do also join the ride.
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bL4nkcode
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February 09, 2020, 06:17:32 PM |
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Last halving, nothing significant happened, so why expect that something will happen now? Theres nothing new to offer as far as I know.
You mean the $19k+ isn't significant? Of course, you will say that was a year after the halving ($600+) but not necessarily price will increase right after the halving, it even dump after a month and was doubled the value after 6 months and reached its ATH after several months which was on dec. So expect same thing, though selling alts is not my current mood, it will go with the flow with btc months after halving.
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canamani
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February 09, 2020, 06:44:29 PM |
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Maybe yes or maybe no but the problem is if have like more altcoins which worth only 5 usd or lower.
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ralle14
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February 09, 2020, 11:57:50 PM |
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If i've gained enough profits from my current altcoin investments and want to secure them then i'll probably sell most of it. You could lose some potential profits in the future but at the same time it feels so good when you secure profits. Maybe yes or maybe no but the problem is if have like more altcoins which worth only 5 usd or lower.
Altcoins are worth less than $5 each won't be a problem since there's so many altcoins with very high supply. They could be worth less than $1 and still be profitable to some traders.
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harizen
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February 10, 2020, 12:23:00 AM |
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Here is my thought about altcoins to be patient and wait for the right time, don't need to panic, I belie that we will be see perfect time to get out from alt market.
That "don't need to panic" is already a basic thing to do. Generally, a rule of thumb. "Perfect and right time" - this is the crucial part. A simple statement but difficult to determined. If you think that its now time to shift into BTC, then do it without hesitation. If the price went up after, don't worry as long as you take advantage of it. There is no perfect and right time to buy or sell but proper execution of our strategy.
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BlackFor3st
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February 10, 2020, 01:11:09 AM |
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Hello Everyone, As we all knew about Bitcoin upcoming event that is Bitcoin Halving, Which is schedule near around MAY,2020. Due to this news you can see that Bitcoin is continuously climbing everyday and todays BTC market is open above 10k USD. This is clearly mentioning bull run in BTC which is always welcoming by all crypto lover. In this time we have to think about what we need to do with our altcoins which is crushing daily basis. Here is my thought about altcoins to be patient and wait for the right time, don't need to panic, I belie that we will be see perfect time to get out from alt market. And for those who are in Bitcoin i advised them to stay away and wait for more dip. What is your suggestion please comment. If you are holding a potential altcoins then I can suggest that you need to be patient and hold it for a while as the market is starting to climb. Once the market is in good condition, most of the potential altcoins will also grow then it is your chance to profit. But if you really like to stake all your investment in bitcoin and sell all your altcoins just for it then it is your decision. Investment will be better if you will put it to more than one basket but make sure that you are wise in picking your investment choice.
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btc78
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February 10, 2020, 04:38:33 AM |
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depends on how you trust you altcoins in folio,if you are doubting that this can bring you profit?then sell them to convert into Bitcoin. but let me tell you something,never regret when those altcoins of yours make much growth after Halving Ok? i had made same decision last year converting 2 of my altcoins to bitcoin,but i remain those other 2 because i believe that it will make another Hype sooner.
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RealMalatesta
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February 10, 2020, 06:23:04 AM |
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Careful is great but I think you are pessimist with halving can increase bitcoin price in future, realistic perspective but sell all altcoin is not wise. We can see this is up trend and halving could become nightmare, there's possibility will turn red again after split but trend is trend. Follow the trend, find potential altcoin to safe your asset, such as ethereum with their 2.0 program. Chance to make money always there, you only need to explore market and minimize risk before replace fund.
Few selected coins would be on the list of experiencing bull runs at the initial stage which includes bitcoins, etherum, ripple, EOS, etc. Holding these coins in the current bull runs would make our capital grow vigorously hence it would never be preferred to sell in the start of the bull markets. The price for bitcoins had never crossed $10k in few past years and now bitcoins crossing the limits brings some positivism among the holders. Bull runs can really show us a great future and this year, the halving process is surely going to accelerate one. Being patient is the key to success in these kind of bull runs. You can sell few alts which might not be affected by the bull runs and move onto some beneficial coins which would surely give you benefits.
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iv4n
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February 10, 2020, 08:30:03 AM |
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depends on how you trust you altcoins in folio,if you are doubting that this can bring you profit?then sell them to convert into Bitcoin. but let me tell you something,never regret when those altcoins of yours make much growth after Halving Ok? i had made same decision last year converting 2 of my altcoins to bitcoin,but i remain those other 2 because i believe that it will make another Hype sooner.
It all comes down to trust in chosen alts. We can't generalize this, not all alts are the same, not all of them have the same potential. For sure, it would be good to dump some alts now, but some alts worth keeping I believe. We can't give some advices here about keeping or dumping some alts if we don't know about which alt's OP thinks about. Trust in your investment is essential for long term holding. It's crazy to invest in some alt and change mind whenever price drops or don't move for some time. If you chose to trust some alt with your money, be with that alt in good and bad times.
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flyer88
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February 10, 2020, 09:46:54 AM |
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That might be a bad idea to selloff altcoins now because currently the bitcoin dominance is slipping and most altcoins currently are outperforming BTC, you can refer to CMC.
A possible altcoin season might take place, still it would be good, to diversify investment to better take advantage in both halving and a possible alt boom.
The Altcoin season will also occur after Halving, so I will never sell Altcoin at this time to buy Bitcoin. I am very optimistic that the price of Altcoin also will occur Bullish after Halving. But all the choices are in your hands, if you sell Altcoin to buy Bitcoin, that's also good.
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milewilda
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February 10, 2020, 10:18:11 AM |
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That might be a bad idea to selloff altcoins now because currently the bitcoin dominance is slipping and most altcoins currently are outperforming BTC, you can refer to CMC.
A possible altcoin season might take place, still it would be good, to diversify investment to better take advantage in both halving and a possible alt boom.
The Altcoin season will also occur after Halving, so I will never sell Altcoin at this time to buy Bitcoin. I am very optimistic that the price of Altcoin also will occur Bullish after Halving. But all the choices are in your hands, if you sell Altcoin to buy Bitcoin, that's also good. I agree with this specially if you do hold up altcoins which are on top ranks or does have potential.We cant still be sure if alts would do correlate on bitcoins price but we have seen these kind of circumstances that its still high on probability that it would really correlate so missing that chance wont really be worth on selling you alts as of this moment. Think of sensibly when it comes to possible returns or multipliers ,no brainer that alt would really give that for sure.
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Wind_FURY
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February 10, 2020, 10:47:03 AM |
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This is only my observation. The money goes to Bitcoin first, then surges to the cryptocurrencies in the top 10/top20, then surges again to the lower and lower to smaller and smaller capitalized coins.
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