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Author Topic: Is this time to Sell altcoins before BTC Halving  (Read 1033 times)
julius caesar
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February 16, 2020, 08:56:45 AM
 #81

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.
I would like to agree on this one because we all know that after the halving, almost all of the coins price will gonna rise up and become profitable. So it is better to hold your coin first until the halving takes effect for you to be able to earn a good amount of money. Do not just sell and be patient enough to wait for its price to rise up even more.

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February 16, 2020, 09:04:19 AM
 #82

We have different kind of currency on Hold and some of them are those we trusted more that is why the chance of selling  altcoins are not in the first place but at least review our folio and look for the out performing currency and consider selling why Bitcoin halving is just soon to come.i have sold one of my coin last week and bought last night because the price fall below 10k usd again

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kapalmabur
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February 16, 2020, 11:28:01 AM
 #83

We have different kind of currency on Hold and some of them are those we trusted more that is why the chance of selling  altcoins are not in the first place but at least review our folio and look for the out performing currency and consider selling why Bitcoin halving is just soon to come.i have sold one of my coin last week and bought last night because the price fall below 10k usd again
But you do not have to sell all the altcoins that you have, because I think the altcoin season has not come, I know the decline in Altcoin yesterday was one of the price effect of bitcoin falling, but the potential to bounce back is still there
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February 16, 2020, 12:08:00 PM
 #84

We have different kind of currency on Hold and some of them are those we trusted more that is why the chance of selling  altcoins are not in the first place but at least review our folio and look for the out performing currency and consider selling why Bitcoin halving is just soon to come.i have sold one of my coin last week and bought last night because the price fall below 10k usd again
But you do not have to sell all the altcoins that you have, because I think the altcoin season has not come, I know the decline in Altcoin yesterday was one of the price effect of bitcoin falling, but the potential to bounce back is still there

I also there is big potential in this space so when the real bull run will get started than everything will get exploded. That kind of correction is also necessary it make the trend more healthy and strong to keep pushing it towards the moon.
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February 16, 2020, 12:43:06 PM
 #85

We have different kind of currency on Hold and some of them are those we trusted more that is why the chance of selling  altcoins are not in the first place but at least review our folio and look for the out performing currency and consider selling why Bitcoin halving is just soon to come.i have sold one of my coin last week and bought last night because the price fall below 10k usd again
But you do not have to sell all the altcoins that you have, because I think the altcoin season has not come, I know the decline in Altcoin yesterday was one of the price effect of bitcoin falling, but the potential to bounce back is still there

I also there is big potential in this space so when the real bull run will get started than everything will get exploded. That kind of correction is also necessary it make the trend more healthy and strong to keep pushing it towards the moon.
I do not know if it is important or not, but the correction that has occurred is not so great. this market looks stronger now. bulls in the future will happen. let's see what will happen after halving bitcoin is finished running. hopefully, as many expected by the holder.
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February 16, 2020, 02:47:21 PM
 #86

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.
I would like to agree on this one because we all know that after the halving, almost all of the coins price will gonna rise up and become profitable. So it is better to hold your coin first until the halving takes effect for you to be able to earn a good amount of money. Do not just sell and be patient enough to wait for its price to rise up even more.
Indeed you don't need to sell your altcoins in your portfolio just because bitcoin halving is happening in may and coins in your portfolio wouldn't be there if you didn't study and analyze its potential so if you sell them off then you just wasted your time picking that coin, just continue what you normally do but put more focus on the halving and how will you maximize profit when halving's effect takes place on the market. Hold, wait and then earn profit.



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February 16, 2020, 09:04:50 PM
 #87

But you do not have to sell all the altcoins that you have, because I think the altcoin season has not come, I know the decline in Altcoin yesterday was one of the price effect of bitcoin falling, but the potential to bounce back is still there

Yes, you are right here, the altcoins season has not come fully, the recent price increase was an indicator that the crypto market needs altcoin, you just can't ignore all of them. Many people took the profit from this green market which was needed, now we can expect in the next Bitcoin price increases, all the potential altcoin's price will be increasing too! So, no need to sell all the altcoins for Bitcoin, you will regret if you do it. Rather split your investment in various coins.

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February 16, 2020, 09:17:32 PM
 #88

Some altcoins have been preforming well according to CMC, and the volumes point to a possible alt season comming... I am no analyst, and I don't know if it makes sense an altseason before the BTC halving, but I am holding my alts for some more time before I switch...
BTC dominance on CMC has also been slipping a bit... a good sign for an altseason Wink

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February 16, 2020, 10:55:27 PM
 #89

If its shitcoins then sold it but if its a good coin and you see the pump on it right now then its better to hold on that. Bitcoin halving is not for bitcoin alone, i mean the whole cryptomarket will benefit on that and the good altcoins will also grow so its better to have more coins than bitcoin alone.
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February 16, 2020, 11:01:44 PM
 #90

Actually this what you are posting is a general question, I would say, "it depends".

if you bought your altcoins cheaper and then you'll see a significant rise, then it's always good to sell it and take the profit.
most likely before and weeks after the halving the hype is still there, so it could somehow result to an increase of altcoins value, so that says an opportunity for you.

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February 16, 2020, 11:11:57 PM
 #91

We have different kind of currency on Hold and some of them are those we trusted more that is why the chance of selling  altcoins are not in the first place but at least review our folio and look for the out performing currency and consider selling why Bitcoin halving is just soon to come.i have sold one of my coin last week and bought last night because the price fall below 10k usd again
But you do not have to sell all the altcoins that you have, because I think the altcoin season has not come, I know the decline in Altcoin yesterday was one of the price effect of bitcoin falling, but the potential to bounce back is still there
It has already come but with the same time with the bitcoin bullish season caused by the halving that will be happening next months. I never feel doubt the bullish trend that is happening in the market.
Just try to believe if everything is safe right now and the bounce already happened.

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February 17, 2020, 02:17:49 AM
 #92

Not necessary to sell all of your altcoin to focus more for bitcoin because following to bitcoin price of movements some of altcoin have bull run too such as Eth or Dash and i think it's good opportunity to having them into your portfolio because they can able to increase the price while people talking about bitcoin halving and it proven some of altcoins still able to have positive trend and in my opinion in crypto we have to utilize all of potention how to get profit so if there is altcoin can survive and have good movements while bitcoin price increase so it's not wrong to having them

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February 17, 2020, 03:25:57 AM
 #93

Not necessary to sell all of your altcoin to focus more for bitcoin because following to bitcoin price of movements some of altcoin have bull run too such as Eth or Dash and i think it's good opportunity to having them into your portfolio because they can able to increase the price while people talking about bitcoin halving and it proven some of altcoins still able to have positive trend and in my opinion in crypto we have to utilize all of potention how to get profit so if there is altcoin can survive and have good movements while bitcoin price increase so it's not wrong to having them
well it is supposed to be able to get a lot of profit must be able to hold the assets that you have until the price becomes expensive because usually when there is a halving occurs FOMO that can give effect to the conditions of the exchange and altcoin prices will sometimes rise to be expensive because they usually use altcoin to use to sending assets from the exchange to another exchange.

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February 17, 2020, 06:24:38 AM
 #94

"Buy the Hype, Sell on News"

This thing which ive been followed ever since.You can sell out before halving event and that would be the thing i would do.
Pretty somewhat sure that it would dump most likely but this is just my own analysis though yet we know that halving event
does have long term effect or we cant be sure if there would be a pump on that particular days.

Well, then the question for those who believe in this strategy also is that, when does the hype end and when does the news start?

For me, the news about halving already happened a long time ago! And now,,, we are still living the hype? So what exactly is the hype and news phase when it comes to BTC halving?

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February 17, 2020, 07:51:42 AM
 #95

If its shitcoins then sold it but if its a good coin and you see the pump on it right now then its better to hold on that. Bitcoin halving is not for bitcoin alone, i mean the whole cryptomarket will benefit on that and the good altcoins will also grow so its better to have more coins than bitcoin alone.

Are you not afraid that the scenario with the LTC halving will be repeated? As you can see on the chart, the price has fallen significantly and even at the moment it is very far from recovery:


https://bitinfocharts.com/ru/comparison/price-price-ltc.html#1y

Halving can be positive in the long run, but in the short run it can cause a strong drop in price.

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February 17, 2020, 08:59:31 AM
 #96

If its shitcoins then sold it but if its a good coin and you see the pump on it right now then its better to hold on that. Bitcoin halving is not for bitcoin alone, i mean the whole cryptomarket will benefit on that and the good altcoins will also grow so its better to have more coins than bitcoin alone.

Are you not afraid that the scenario with the LTC halving will be repeated? As you can see on the chart, the price has fallen significantly and even at the moment it is very far from recovery:


https://bitinfocharts.com/ru/comparison/price-price-ltc.html#1y

Halving can be positive in the long run, but in the short run it can cause a strong drop in price.


NO. Be ready to buy!

I personally will not sell altcoins at this time. Halving Bitcoin will help increase the price of bitcoin, but it will also help the entire altcoin market grow soon thereafter. And up to now, the total altcoin I hold has increased by at least 30% and it will continue to increase


But your risk would depend on which altcoin, and I'm not just talking about the price. You don't want to HODL an altcoin that, doesn't have strong support from good developers, is not listed in many exchanges/threatened to be delisted, weak defense to network attacks, did have an ICO/IEO.

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February 17, 2020, 05:16:06 PM
 #97

nope i guess, april is the deadline for it,although we on natural correction right now,there still have a chance for pump before the halving happened,i just think on March,bitcoin will go to range 11k,even more,of course its a good profit if u hodl it from january this year.
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February 17, 2020, 05:46:18 PM
 #98

It is absolutely not, remember that most of altcoins are the followers of Bitcoin especially the ones who are ranked on the top 20. Plus, I see there is a correction during this period, so most of crypto in a little dip. So if you want a long term profit then you should buy an acceptable amounts of digital currencies like, Cardano, Tron, Ethereum, Bitcoin cash and of course the king Bitcoin. In additon to that, if you are pretty afraid of losing money then you need to stay away from this domain because without risk and patient, your goals will never been achieved.
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February 17, 2020, 06:06:15 PM
 #99

If its shitcoins then sold it but if its a good coin and you see the pump on it right now then its better to hold on that. Bitcoin halving is not for bitcoin alone, i mean the whole cryptomarket will benefit on that and the good altcoins will also grow so its better to have more coins than bitcoin alone.

Are you not afraid that the scenario with the LTC halving will be repeated? As you can see on the chart, the price has fallen significantly and even at the moment it is very far from recovery:


https://bitinfocharts.com/ru/comparison/price-price-ltc.html#1y

Halving can be positive in the long run, but in the short run it can cause a strong drop in price.

It doesn't make any sense to compare any altcoin with BTC. Bitcoin is in big demand and it is being discussed on very level even all banks are afraid of this so that it will be keep continue with its natural way as like it is moving forward. I believe BTC will get explode after this event.

 
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February 17, 2020, 11:33:08 PM
 #100

Well it depends on you if the altcoins you have has a good price.
But for me I will not sell it Im going to hold first and wait those hlaving mention, Maybe our altcoins we have be going rise the price in no time and before that happen we can get more profit for trade our altcoins.

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