Is this time to Sell altcoins before BTC Halving

[The Cryptovator]

If bitcoin Halving effect on bitcoin price then most likely altcoin will be affected as well. When bitcoin start up naturally most of bitcoin start dumping. But they start pump again after a period when bitcoin stay calm. So panic buy would cause of your lose. Most of altcoins are on dip. So I think its will very harm to hold then till next bull run. But of course you should have patience to catch next bull because we don't know when it will happen. So I will discourage everyone to avoid panic sell right now.

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[rijaljun]

If you are sure Bitcoin will surge after the halving then you have at least two options : the first one is to hold your altcoin, cause eventhough you know the price (in BTC) will go down but you will eventually see the price goes up again. the second option is to sell your altcoin before it goes down deeper (because the halving) and then re-buy the dip.

the first option needs more patience and time, the second one probably better if you are now in profit.

[Kupid002]

If you are sure Bitcoin will surge after the halving then you have at least two options : the first one is to hold your altcoin, cause eventhough you know the price (in BTC) will go down but you will eventually see the price goes up again. the second option is to sell your altcoin before it goes down deeper (because the halving) and then re-buy the dip.

the first option needs more patience and time, the second one probably better if you are now in profit.

There is possibility that you may earn much higher in altcoin than in btc the only problem is if the altcoin you hold will follow the thrend if the btc price goes up.
For me my only suggestion is if you believe about the altcoin you hold that it will give profit then hold it and wait for the btc bull run and halving. If you affraid you cna sell atleast half of your holdings and convert it to btc in that case you will not risk all your money.

[butcherme]

For me instead of selling it off why not invest some fresh money since we don't know if the alt-coins that we hold would rise up too when halving occur,
But if you already think that it is doomed to stay low then it is better to jump to BTC instead of just letting it sink on that alt-coin.
Choose where you believe that you would gain the maximum profit.

[LUCKMCFLY]

There are immediate effects on the altcoins due to Bitcoin movements:

1.- If Bitcoin goes up, the altcoins go down.

2.- If Bitcoin goes down, altcoins bleed much faster.

3.- The Altcoins rise, only when Bitcoin becomes a small bullish rally or bullish movement, only because all altcoins depend on Bitcoin, that is, no altcoin has a life of its own.
 
4.- The best way to buy altcoin is when Bitcoin makes the correction, and there is confirmation that Bitcoin will continue to rise.

5.- It may happen that the Altcoins can go up, but if Bitcoin turns into a certain laterality or goes down a bit, the altcoin falls immediately.

I have drawn these conclusions because of my little experience, and since the Halving effect of Bitcoin is coming, nobody wants to miss the Bitcoin bullish rally (if it happens immediately) that is why they sell all altcoin so as not to lose movement.

[Slow death]

strange that most altcoins are increasing prices in relation to Bitcoin, this could mean that they are starting to recover from prices. But you have to pay attention to the following: Two years ago the price of altcoins in relation to bitcoin were very high and today they are very low.

ETH two years ago had reached 0.14 BTC and that was in June 2017

ETH current price in relation to bitcoin: 0.024 BTC.

imagine the loss have today

[Ridwan Fauzi]

I use this forum to compare what coin that should I choose for my investment. Indeed, I saw the halving event is trending topic from the early at this year and I just thinking that if you have intention to buy bitcoin especially you sell first your altcoin it could be worst.

I mean, seeing market cryptocurrency as a whole is really promissing either for bitcoin and altcoin market. Have you see the pricr movement for altcoin? Most of them have increasing a lot. Such as ETH, I never make any decision to sell them, greatfully I have bought this coin at the lower price and hold them until now.

But when you have intention to buy bitcoin using your saving money it is highly recommended. You can see the movement price right now and I have a predict that most likely you will be gain some profit although you choose short term investment.

[rodskee]

for me it is not fair for altcoins to be just sold for Bitcoin conversion because we can still see the growth of altcoins now together with BITCOIN ,specially those who is on top 20?though there are few who is not performing good but the majority of them are making good catch as Bitcoin continue to grow.
so for me?if you are not confident in your alts then go Sell them all but if you are having second thoughts then follow your instinct mate.just DO.

[el kaka22]

I feel like maybe people are over estimating what the halving will do to bitcoin, which indirectly means they could be wrong about the altcoins as well. I know there has been times when bitcoin went up and that resulted with altcoins going down as well but that doesn't really mean that it has to be like that all the time as well. Just look at the 20k peak times of bitcoin, all of altcoins had a peak as well and they have never been that high ever again after that.

What if the price of bitcoin increases a bit (not 20k but more like 15k) but altcoins rise even higher? Back to their all time high prices? Nobody says it can't, I mean technically speaking that is still as possible as all other options. Why do people never take that for a possibility and invest into altcoins?

[Aaroenz0r]

If you are sure Bitcoin will surge after the halving then you have at least two options : the first one is to hold your altcoin, cause eventhough you know the price (in BTC) will go down but you will eventually see the price goes up again. the second option is to sell your altcoin before it goes down deeper (because the halving) and then re-buy the dip.

the first option needs more patience and time, the second one probably better if you are now in profit.

I will sell when I have had enough profit in trading because if you are greedy when participating in this market, you will face a lot of big risks in investing. In fact, I am starting to take profits from this market because my current profit has more than doubled in just a short period of time and there is no reason for me to continue investing. The market is definitely going to undergo a huge correction in the near future so this is the time I will be patiently waiting and hoping to buy some coins at cheap prices.

[perla]

For disclaimer, this is not suggestion. But if me,i will exchange my altcoins to BTC first before halving. Or at least coin that i know will increased when that time come. But if people want to keep their altcoins, it is their choice or maybe coins that they hold can increased more than bitcoin in percentage.

[maydna]

For disclaimer, this is not suggestion. But if me,i will exchange my altcoins to BTC first before halving. Or at least coin that i know will increased when that time come. But if people want to keep their altcoins, it is their choice or maybe coins that they hold can increased more than bitcoin in percentage.

If your altcoin price can increase before bitcoin halving, then yes, you can sell your altcoin to bitcoin, and then you can hold your bitcoin until the bitcoin price can increase higher. But unfortunately, we don't know if our altcoin will increase or not since the altcoin market still follows bitcoin moves. But if you can hold the potential altcoin like ethereum and the other, then it will increase at the right time.

We need to wait for a while to see if the altcoin price can increase, so we have the opportunity to sell our altcoin at the highest price. But if you want to sell your altcoin now, I think your profit will not too big than if you wait for the increase in your altcoin price.

[Wind_FURY]

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.

And the implication of this saying is that we should definitely do the opposite, work hard in holding altcoins, even buying more in this situation because before the halving event, whales will make pumps for bitcoin, capitalizing from altcoins will become nutrients for bitcoin to grow, altcoin will have low value, selling will only cause losses. While we have many opportunities to have a special performance when whales have no more capital for bitcoin, they will create pumps for altcoins to accumulate, our chances are right here

With a warning. You don't know which shitcoins the whalecumulators would ty to manipulate. Stuck HODLING Bitcoin will be better than stuck HODLING the wrong shitcoins in my opinion.

[rijaljun]

With a warning. You don't know which shitcoins the whalecumulators would ty to manipulate. Stuck HODLING Bitcoin will be better than stuck HODLING the wrong shitcoins in my opinion.

Isn't it just the same?
Nothing is better between both, and if you think it's better to get stuck on holding Bitcoin because Bitcoin always has fundamental things, shitcoin also always has a chance to get manipulated. So, they are just same.

[Twentyonepaylots]

If you are sure Bitcoin will surge after the halving then you have at least two options : the first one is to hold your altcoin, cause eventhough you know the price (in BTC) will go down but you will eventually see the price goes up again. the second option is to sell your altcoin before it goes down deeper (because the halving) and then re-buy the dip.

the first option needs more patience and time, the second one probably better if you are now in profit.

But the thing is that there ks no enough time to correctly predict bitcoin's price along with it's profitability. I could give you all the time you want and you'd end up with the same thing you atarted up with. It might be enticing to buy bitcoins now because of the halving but buying bitcoin in exchange for your diverse portfolio is just not that good. Ypu can buy bitcoin in itself to expand your investments but it wouldn't be good if you sell some of your shares for bitcoin. If bitcoin dumps, a greater percentage of your portfolio dumps as compared to just flat out buying it pn margina and stuff. So no, trading coins for bitcoin and then hodling them is not good.

[Bagaji]

Are you aware that as Bitcoin increase in value so is most of the altcoins and sometimes the percentage of the market value of some altcoins might be a little higher than that of Bitcoin. If you so believe then I see no good reason why you should sell your altcoins now since they don't have much value now.

[Juse14]

Altcoin on the good condition right now.

Better to sell the altcoin went the value already 2-4x after the halving, sometimes went bitcoin was moving the value usd of altcoin will rise up.

[posi]

Altcoin on the good condition right now.

Better to sell the altcoin went the value already 2-4x after the halving, sometimes went bitcoin was moving the value usd of altcoin will rise up.

You make a good point but it all depends on the coin owner decision after selling the altcoin cause if he sells the altcoin for Bitcoin and plans to hold it till the new ATH, such decision is far better than holding an altcoin which it market is highly manipulated and also follow the trend bitcoin market.

[BitSat19]

For me this is not going to be good decision because halving is going to have some impact on market and its going on which way no one can predict about this surely so better keep this altcoins because these can go on rise or lost you still able to have all recovery on long run patience and market checking is all on you for more details you can check market analysis which are available on many sites and blogs these are also helpful.

[adzino]

Do you think it is time to sell your altcoins? Don't take suggestions from random people on the internet. Most of the people out there will give you random suggestions based on nothing. They don't care if you make losses because of their suggestions. I would suggest you to do your own research. If you think it is best to sell your altcoins, then yeah go ahead. If you think there are chances that the price of altcoin will also rise with btc halving, then hold your altcoins. Or you can always sell a portion of your investment and buy bitcoin with it, while holding the rest.