Dont sell off because of the period

[Ozero]

Investing in altcoins can bring huge profits but the possibility of losses is also very high, a wise investor always knows to stop in time.
There are a lot of potential altcoin coins that have become a dump, I think if we are not sure about an altcoin project, it is best to sell it as soon as possible.

Yes, it’s hard to say what will happen to our altcoins in the future and what their price will be. I continue to hold them, if only because the current very low price does not suit me. I still believe that the time will come for them. Do not rush. The situation may change at any time.

[Farma]

Investing in altcoins can bring huge profits but the possibility of losses is also very high, a wise investor always knows to stop in time.
There are a lot of potential altcoin coins that have become a dump, I think if we are not sure about an altcoin project, it is best to sell it as soon as possible.

Yes, it’s hard to say what will happen to our altcoins in the future and what their price will be. I continue to hold them, if only because the current very low price does not suit me. I still believe that the time will come for them. Do not rush. The situation may change at any time.

Seeing current conditions, I also intend to hold the altcoin that I have. currently, the price of bitcoin is rising and has a pretty good effect on some altcoins. it's just that I'm not satisfied to see an increase in ethereum prices. Well, I assume that there will be a follow-up pump conducted by Ethereum after the bitcoin price has stabilized from its increase.

[shaheer001]

Actually this totally depends on your return if you are in good profit and you have bought the Altcoins in the last dump then it is good for you otherwise try your luck and hold for sm more time. As Cryptocurrencies are unpredictable.

[joseyphil82]

How is selling off altcoins to buy Bitcoin a bad idea? All altcoins still rely on Bitcoin entirely, if Bitcoin don't surge altcoins aren't going no where, it's not entirely a bad choice selling altcoins for Bitcoin, but it's true that altcoins have better profits than Bitcoin

[Novatech8]

I hate trying to make decisions between Bitcoin and altcoin, instead of selling your altcoins for Bitcoin why can't you invest on both to erase that doubt of which one will grow better, invest in altcoins and also buy some Bitcoin too, this will clear your mind of doubts

[VDraci]

Those who are worth selling off their coins now are those who buy when Bitcoin dive to 3k plus, they've make the biggest profits within few weeks, Bitcoin keeps surging since days back now mean many are buying, it's not too late to buy

[abel1337]

How is selling off altcoins to buy Bitcoin a bad idea? All altcoins still rely on Bitcoin entirely, if Bitcoin don't surge altcoins aren't going no where, it's not entirely a bad choice selling altcoins for Bitcoin, but it's true that altcoins have better profits than Bitcoin

On some point it's not a bad move on selling those altcoins for bitcoin, But remember that not all altcoins rely on bitcoin and I think that coins are the one you would want to sell in our current situation because some coins don't show the potential of rising up now and you can always buy back the coins you want to sell if you gained profit in no time.

[jargom]

I bought in every period and yes now I feel like to sell a bit to make a little bit of profit

[semobo]

+ all your time of investment would become in vain: long term holder of altcoin should not without a thoughtful look sell off there coin
+ things might not go as you planned: the ball can go two ways, one it can go in your favour and two go against you.

I understand that investing in something more promising -bitcoin for example- is productive, but rather than, selling off just invest in it with available raw capital.

Sometimes it is okay to sell your coin which you have to holding too long just to invest on bitcoin because most of the crypto investors invest on altcoins since they cannot afford to buy bitcoin because it is so expensive so if there is a time when their altcoin is too high and bitcoin looks starts rising can be a good reason for them to sell it.

[acdc]

Investing in altcoins can bring huge profits but the possibility of losses is also very high, a wise investor always knows to stop in time.
There are a lot of potential altcoin coins that have become a dump, I think if we are not sure about an altcoin project, it is best to sell it as soon as possible.

Yes, it’s hard to say what will happen to our altcoins in the future and what their price will be. I continue to hold them, if only because the current very low price does not suit me. I still believe that the time will come for them. Do not rush. The situation may change at any time.

Surely when we decide to invest in a currency we always believe in it. However, not all altcoins are as profitable as we would like, so I think we should abandon bad currencies and focus on better ones.
In the past I used to hold a lot of altcoins but most of them became a dump, so for the moment I only focus on the big altcoins in the market.

[joinfree]

Everybody has his/her own targets for holding any coin or investing in it. Someone can decide to sell his holdings once his profits target has been met others will also decide to hold a bit more once they see how the development of the project is advancing. However, the best of plans is always to sell some and hold the rest so that if things go sideways at any point in time the risk will not be massive.

[Kong Hey Pakboy]

Everybody has his/her own targets for holding any coin or investing in it. Someone can decide to sell his holdings once his profits target has been met others will also decide to hold a bit more once they see how the development of the project is advancing. However, the best of plans is always to sell some and hold the rest so that if things go sideways at any point in time the risk will not be massive.

Absolutely. Once a person decided to invest a coin, he will definitely hold and wait as long he sees a development and potential to the coin. However, expecting too much to the altcoin that you are investing can also turn into a disappointment because not all altcoins can be expensive, that is why there are some investors who sells their altcoins into bitcoins.

[@baoli]

For those that bought some coins few months back should be thinking of taking profit. Some coins have seen significant increase recently. It is always good to set target of taking profit.

[meto012]

For those that bought some coins few months back should be thinking of taking profit. Some coins have seen significant increase recently. It is always good to set target of taking profit.

I would definitely recommend to take profit at least for some of the alts if their volatile. But I myself will hold on the most stable ones like eth or ltc

[ololajulo]

Last year sell-off for altcoins was accurate, it is the reaction of the bear market and may never see such period in the next season. The pandemic turn the bull market to a bear market but if the space can recover by the next halving, though the price may have the post halving dump the whole market never be that bad again. If the IEOs get successful and make profit to investors in short and long term, the sentiment may get back and ICO will be replaced by IEOs then fresh and big money will come in.

[Convery]

You have to think about the possible losses, you sell and then the price will only go up and you won´t be able to buy for same / lower price than you buy for a higher price and your number of coins get reduced, does it worth? I don´t think so. 

[doctor877]

Eventually that's what people will do because everyone wants to enjoy the Bitcoin moves. An exception is if there is a separate fund for emmergency Investment in times of dip and moon then I will be easy to hold your altcoins.

[Krabby]

How is selling off altcoins to buy Bitcoin a bad idea? All altcoins still rely on Bitcoin entirely, if Bitcoin don't surge altcoins aren't going no where, it's not entirely a bad choice selling altcoins for Bitcoin, but it's true that altcoins have better profits than Bitcoin

Obviously, altcoins are always more profitable than bitcoin because the altcoin's marketcap is much lower and the price can increase many times. But investing in altcoins is too risky and risky, you can lose and lose all assets if encountering altcoin scam.

[Banadony]

My opinion, this is a market whether you hold or not. All altcoins has price limit. whenever they got to a certain price, they tend to fail back with is different from bitcoin. we all are in the business to make gains. when the opportunity raises to sell and make profits, sell and make gains. the market will always pump and dump and that is what the cryptocurrency has been experiencing since inception.

[swivel1983@gmail.com]

I also think that it is always necessary to invest in bitcoin. Even if you invest a little bit every day, then in the long term you can get a good profit. There are even special services for auto buying coins every day.