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Author Topic: Is this time to Sell altcoins before BTC Halving  (Read 1001 times)
leea-1334
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February 20, 2020, 08:16:08 AM
 #121

I personally will still maintain the altcoins that I have, because it would be better for us to have a focus for bitcoin and altcoins, when the price of bitcoin is pumped higher of course it will have a positive impact on the altcoins market too although it doesn't happen quickly and in my opinion having a few coins in the portfolio will be good for preparing a bullish market.

Naturally, if Bitcoin does well then the crypto market in general does well too but just a reminder that this is no guarantee. Not all altcoins will enjoy the boom when it happens,,, as this is not any longer 2017;)

Also, if you saw, Bitcoin dropped 4% but Ether then dropped >10%. So alts enjoy the rise but they also suffer even more when things do not go well!

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February 20, 2020, 09:09:36 AM
 #122

I personally will still maintain the altcoins that I have, because it would be better for us to have a focus for bitcoin and altcoins, when the price of bitcoin is pumped higher of course it will have a positive impact on the altcoins market too although it doesn't happen quickly and in my opinion having a few coins in the portfolio will be good for preparing a bullish market.
we have the same thought. I also don't sell my altcoin because I feel that bitcoin will have an effect on altcoin. in addition, I hold ethereum, the second-best coin available at the moment. so, when the price of bitcoin goes up because of halving, I think ethereum will also go up, and I feel that the situation will be very similar in 2017. Well, in that year, I think the most profitable thing is to have altcoins.
Me too, I still hold Altcoin that I save at this time in preparation for welcoming Bitcoin Halving later, I believe Altcoin will also increase along with the increase the price of Bitcoin. There is no reason for me to sell Altcoin right now just because it welcomes Bitcoin Halving.
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February 21, 2020, 07:11:43 PM
 #123

Now the market is growing, so I don't think you should sell alts to hold on to Bitcoin, personally I'm holding on to both Bitcoin and alts.
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February 21, 2020, 10:13:14 PM
 #124

Now the market is growing, so I don't think you should sell alts to hold on to Bitcoin, personally I'm holding on to both Bitcoin and alts.
That’s the smart choice because why you need to sell your good altcoins for bitcoin where you can hold both of them. Crytomarket is growing, that means bitcoin and altcoins are growing, so the more you have coins the more profit to get. Altcoins is the best alternative, the cryptomarket will go big again and will put the altcoins on a better position in the future.

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February 22, 2020, 06:03:42 AM
 #125

If you already have portfolio of altcoins it's pointless to start selling because after Bitcoin halving there might be a big bullrun, it's better to keep your altcoins and wait patiently to avoid missing out

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February 22, 2020, 11:23:14 AM
 #126

If you already have portfolio of altcoins it's pointless to start selling because after Bitcoin halving there might be a big bullrun, it's better to keep your altcoins and wait patiently to avoid missing out
Indeed, this is not the time to sell our coins whether its btc or alts because halving is few months away.

Many predicted the price of btc will increase or might trigger for bull market hence better wait until it happen.

Though there's no assurance for this speculation I think it wont hurt us investors if we're going to wait.

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February 22, 2020, 11:29:00 AM
 #127

Now the market is growing, so I don't think you should sell alts to hold on to Bitcoin, personally I'm holding on to both Bitcoin and alts.

At the moment, we can already confidently say that growth has ended. At the moment, the price is actually in equilibrium and does not move either up or down. I think in order to make a decision on opening trading positions, it is necessary to wait for fundamental news. All the old news has already affected the market and now does not matter.

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February 23, 2020, 02:18:22 AM
 #128

If you already have portfolio of altcoins it's pointless to start selling because after Bitcoin halving there might be a big bullrun, it's better to keep your altcoins and wait patiently to avoid missing out
This is the time to consider investing more because altcoin season has not yet happened and there may be some other adjustments before all the coins together reach new ATH. Most people have been going through the bear market for a long time and it's time to be patient. Personally, I believe this is a very good place for long-term investment and will continue to invest more if possible.

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February 23, 2020, 03:33:27 AM
 #129

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.

Event Countdown is Here https://www.bitcoinblockhalf.com/
Since you are getting the feel of bullish trend its better to jump out to bitcoin as soon as possible,waiting for the perfect time might end up in losing your profits because once the real bullish trend begins the prices will grow too fast even before you come into a conclusion.









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February 23, 2020, 05:55:24 PM
 #130

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.

Event Countdown is Here https://www.bitcoinblockhalf.com/
Since you are getting the feel of bullish trend its better to jump out to bitcoin as soon as possible,waiting for the perfect time might end up in losing your profits because once the real bullish trend begins the prices will grow too fast even before you come into a conclusion.
Main things that everyone do experience where making decisions which a bit late in result of loss instead of gains.This isnt surprising though yet market is always unpredictable in the first place which means these kind of
mistakes do happen most of the time.

It all matter on risk management though where you do know the risk but you have gambled to take such step because you do believe that you can able to make profits ahead.We already seen some signs of possible
bullish run in few months thats why we do have that impression that this might be the time on selling out our altcoin stash and go all in for btc.

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February 23, 2020, 07:01:33 PM
 #131

On the contrary, now it is necessary to stock up both alts and Bitcoin, because before halving Bitcoin must grow market.
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February 23, 2020, 09:55:05 PM
 #132

On the contrary, now it is necessary to stock up both alts and Bitcoin, because before halving Bitcoin must grow market.

I think we have just missed the right time to stock up the altcoins and crypto and most probably we might have to wait for one more dump before the halving inorder to stock up the wallets as a dump is expected before the Bitcoin halving and we need to encash this situation. Again this is just my observation and there might or might not be any dump so do further research and take decision.

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February 23, 2020, 10:14:45 PM
 #133

On the contrary, now it is necessary to stock up both alts and Bitcoin, because before halving Bitcoin must grow market.

I think we have just missed the right time to stock up the altcoins and crypto and most probably we might have to wait for one more dump before the halving inorder to stock up the wallets as a dump is expected before the Bitcoin halving and we need to encash this situation. Again this is just my observation and there might or might not be any dump so do further research and take decision.
Indeed, the trend is good right now and the market is healthier than before but we can't make some holders not to sell their coins because they already have gained profits by now making this trend to drop sometimes. Maybe it was a crazy thing to do but that's their decision and we can't hold them liable for any changes because that is their way of making money here. And therefore, we could say dumps will probably be happening soon either before or after halving is done.



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Rainbot
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February 24, 2020, 05:41:51 PM
 #134

I think we have just missed the right time to stock up the altcoins and crypto and most probably we might have to wait for one more dump before the halving inorder to stock up the wallets as a dump is expected before the Bitcoin halving and we need to encash this situation. Again this is just my observation and there might or might not be any dump so do further research and take decision.

 Cheesy
All these thoughts unfortunately are obvious after all the events have happened. I do not think that you are 100% sure of a future dump, but if you are right, we are now losing a good opportunity to take a short position (although I am sure some traders have done this).
My idea is that no matter what happens, there are always some opportunities and you cannot "catch" all of them.

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February 25, 2020, 12:25:06 AM
 #135

On the contrary, now it is necessary to stock up both alts and Bitcoin, because before halving Bitcoin must grow market.
I think everyone will have different investment strategies and not everyone can afford to buy Bitcoin during this period. In my opinion, if you invest a small amount of money, you should only choose cheap coins because those are very safe coins for you and certainly if the altcoin season comes back you will make a huge profit. However, no one can be sure what will happen next so you need to have great patience when investing in this market.

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February 25, 2020, 03:42:37 AM
 #136

On the contrary, now it is necessary to stock up both alts and Bitcoin, because before halving Bitcoin must grow market.

Everyone has different speculative about the current situation of the market because many people are predicting the price of altcoins and Bitcoin will decrease but market situation might be different. There are 50-50 chances whether the price will decrease or increase.
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February 25, 2020, 06:30:07 AM
 #137

I think that new coins can grow even in a bear market, and the top altcoins only in a bull market. But their growth can be said to be "guaranteed" - they are known to everyone and when new users come to crypto in the bull market, in any case they invest part of the money in top altcoins.
Do we still have new coins that are promising, i am not aware of those, the top alt coins will move up in a bull market but it is hard to imagine that we will be having a rally anytime soon in the alt coin market. Right now what we see is that the top alt coins move along the bitcoin market and that is my expectations that the top alts move along the bitcoin market.

I am not selling my alts nor any coins unless i achieve the target i am looking for. If bitcoin is going for a huge pump then usually people usually sell their alts to ride the rally but this time around it is a waiting game to see how the market will react.
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February 25, 2020, 06:41:17 AM
 #138

f bitcoin is going for a huge pump then usually people usually sell their alts to ride the rally but this time around it is a waiting game to see how the market will react.
It is really a waiting game and actually we have been waiting for 2 years already and we are still here, soon for sure we will be able to sell this, and for me, it doesn't matter if I have to wait for another year as long as the project that I am investing with are still here continuing to develop the project.

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February 25, 2020, 07:10:19 AM
 #139

f bitcoin is going for a huge pump then usually people usually sell their alts to ride the rally but this time around it is a waiting game to see how the market will react.
It is really a waiting game and actually we have been waiting for 2 years already and we are still here, soon for sure we will be able to sell this, and for me, it doesn't matter if I have to wait for another year as long as the project that I am investing with are still here continuing to develop the project.
You mean you gamble with something and now wait and hope the dump on someone, aka bigger fool theory.

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February 25, 2020, 01:20:21 PM
 #140

f bitcoin is going for a huge pump then usually people usually sell their alts to ride the rally but this time around it is a waiting game to see how the market will react.
It is really a waiting game and actually we have been waiting for 2 years already and we are still here, soon for sure we will be able to sell this, and for me, it doesn't matter if I have to wait for another year as long as the project that I am investing with are still here continuing to develop the project.

So where is this huge pump now happening? All I have been seeing now is minor rallies followed by retracements it has been more or less the same story for months now. I would hardly call this a pump. A minor alt rally for sure, but this was always part of the cycle was it not?

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