ElaineGanda
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Futurov
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January 22, 2021, 08:49:41 PM |
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I think that is not a wise idea for an investor. It should be invested before the all time high for you to fully maximize the potential income. Based on the historical graph of every coin, if it reaches an all-time high, it went down again. Like ethereum right now, after hitting its all-time high few days ago which is 1440 USD, few days after it became 1300 USD and currently down to 1250 USD. So it is not wise if we will invest after all time high, it should be before.
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cryptonx
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Futurov
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January 22, 2021, 09:20:35 PM |
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I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea? so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
if you bought bitcoin after hit $40k then you predict if the price of bitcoin will going down, you can exchange your bitcoin to any kind of stable coins my friend, then if think bitcoin price will recover, you can exchange your stable coins to bitcoin, with this way, you will get more bitcoin as your profit by the way if you sold bitcoin for altcoins, thats a good idea, but you must choose the ritgh alt buddy
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1l1l11ll1l
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January 22, 2021, 09:34:43 PM |
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Investing in any cryptocurrency is risky because there is a high risk of losing your money. It is very difficult to predict how the course will behave. And if we take into account the fact that the cryptocurrency does not yet have the legitimacy everywhere, then it is not possible to return the lost funds. Investing is always risky. what matters is when do you invest? if you invest in an altcoin with already high price (maybe almost ATH or even already hit ATH), I think you're just wasting your chance to profit from other investments. therefore, investment timing is also very important
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makishart
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January 22, 2021, 11:23:37 PM |
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I am a cryptocurrency lover. I hold the cryptocurrency by visiting the market all the time. How to hold more profits than alt coins. Those who know, please let me know.
What you need to do to buy back again when the price is lower. You can't rely with your coins. You must think about a new method to grow your portfolios. So many people were also doing this too dude. When it will be reaching your buy rate and sell it and then wait until the bearish trend to happen. It's the best method so far.
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cryptoknightt
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January 23, 2021, 02:39:15 AM |
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a good idea maybe if the altseason will arrive after this correction.but it looks like it will apply to only a few altcoins, not all of them go up together. however it may be risky if btc will continue to rise in the next few months. and this decline is only a brief correction after the full increase of 1 month.
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shoreno
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January 23, 2021, 06:28:32 AM |
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its bitcoin that recently hitted 40k and you mean you invest altcoins after btc hit 40k ? why your loosing when there is no major movements happening in the altcoins , i mean altcoin was still down atfer btc hit 40k and the situation of altcoins are still the same until now but you did a mistake of selling your btc for alts and you still call it a good idea ? lol your crazy .
stop that and be serious next time if you want to earn but after reading further i see that you arent really serious . well its up to you
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Joyawan13
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elysian.finance
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January 23, 2021, 11:27:55 AM |
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I am a cryptocurrency lover. I hold the cryptocurrency by visiting the market all the time. How to hold more profits than alt coins. Those who know, please let me know.
If you want to hold more for a profit then you should buy some Altcoins which are always in the top ten category ranking, because all of them have the potential to benefit everyone, so while monitoring the market you can also see which Altcoins always have potential This year, that's the option for you in terms of holding it. indeed to get a big profit we have to be able to choose several altcoins, and not enough to accommodate 1/2 coin of course because it could be speculation that the coins we buy for us to hold doesn't mean they want. can raise prices as quickly as possible. maybe we can choose some of the top 10 altcoins that we think have potential and which according to the research we are doing will develop in the future, even though it is not easy for us to know, but before making a purchase, there is nothing wrong with doing research with the altcoins you want buy.
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Shubh7668
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January 23, 2021, 12:10:42 PM |
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When BTC was at 40k then most of the alts are on it's peak,as many of them are near about their ATH. You should have wait,you can check the history that how alts dramatically fall after the run. You can check the case of Eth. When it's had its previous Ath and how long it take to break it..
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budi691
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January 23, 2021, 02:42:59 PM |
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buying Altcoins by selling Bitcoin is one of the less good steps, it doesn't mean Altcoins are worthless but it would be better if you held Bitcoin than altcoins, but that's the decision that has been taken maybe the OP sees altcoins will continue to grow, and not bitcoin, and sadly that was the wrong decision.
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bitzizzix
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January 23, 2021, 04:09:58 PM |
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I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea? so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
It all depends on your choice and choosing the right and profitable altcoin after sacrificing your bitcoins for altcoins, and what you have to realize is that when bitcoins go down, chances are the altcoins go down too. but if you share the profit from bitcoin profits to buy altcoins, I think that's right without having to spend your bitcoins for some altcoins which may not necessarily make a good profit.
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disconnectme
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January 23, 2021, 05:54:09 PM |
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I think it is unwise to just sell all your Bitcoins for Altcoins, we don't know what the future will say and if there is anything I have learnt in this space never bet against Bitcoin because most of these value in Altcoins are coming back to Bitcoin, just look at the DEFI bull run last season and what happens later in the year to most of these DEFI tokens but BTC stand tall among them
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Handsome Boy
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January 23, 2021, 05:55:57 PM |
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I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea? so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
that is a good idea, because not all altcoin prices have increased (reached its ATH price), so if an altseason occurs, then of course you will get a big profit from investing in altcoin, but you have to choose the right altcoin to make an investment, because for now not all altcoin prices will increase very high and in my opinion you better invest in altcoin that are in the top 300 on coinmarketcap, because the price will definitely increase if there is an altseason.
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Natsuu
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January 23, 2021, 06:00:36 PM |
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If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.
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doctor877
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January 23, 2021, 10:36:53 PM |
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One thing about crypto investment is that you need to understand the right time to buy base on your purpose of investment either for short term or long term or mid term. So these will determine when you buy no matter how promising it might be. Selling all your btc for alts is not bad not the time you buy and the type you buy is what matters.
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TastyChillySauce00
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January 24, 2021, 07:46:01 AM |
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If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.
It's clearly said by him if he has sold it to buy the altcoin when bitcoin was around 40k. I just expected if he was getting small profit to consider the bullish trend of altcoins were happening when the bitcoin was very stable around 36k. I think that he has already got nice profit but if he was using it for the long term and he may end with the loss.
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777Jolami
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January 24, 2021, 08:11:20 AM |
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I invested into some alt coins after it hit 40k. I am somewhat at a lost. but yeh I sold btc for alt coins. sounds like a good idea? so when another all time hits sell for alt coins. by that time i will have a bunch of alts lol. I have a lot now. but nothing serious. enough to be a coiner lol.
I realize, you are the one going for short-term commercial purposes. you hit a bad cycle state to take advantage. I am very interested in the altcoin team that you keep when you sell BTC to salvage them. If you sell BTC at 40k and hug your team with high volume in the forwards is ETH. That was the perfect decision. I am somewhat optimistic about ETH as it is kept safe and better it will break down the 1k5 safe very quickly.
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MrBDavies
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January 24, 2021, 10:10:27 AM |
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I only invest on altcoins for half of my btc, because we don't know the future - BTC might hit another ATH and we'll probably regretting it because we don't have enough of it on our bags.
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Dr.Osh
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January 24, 2021, 11:01:59 AM |
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If you have sell your btc for 40k and buy your alt when btc reaches 29 or 30k, then it is a wise decision. But if you sell it at 40k then buy alt immediately, then it might have been not wise though altseason may have not yet started. So your action may really be a risky trade in your end.
well, too rushed to buy altcoins at that time. at a time when bitcoin price was still hitting $ 40k, altcoin price was still quite high, so it just looked the same. well, everything will be fine when altcoin season comes, and it might be lucky if the OP chooses ethereum at that point. however currently the price is lower than $ 40k, and only a few altcoins are profitable.
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Banulit
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January 24, 2021, 11:25:12 AM |
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I think its a bad idea on buying altcoins after it reaches new All time high because I think you are a kind of crypto enthusiasts who is FOMO. However I suggest that if you want to invest in altcoins better always buy in dip and hodl it in long term because in that way you can wait for the right timing to sell it with very profitable earnings.
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JohnBitCo
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January 24, 2021, 11:30:48 AM |
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I think its a bad idea on buying altcoins after it reaches new All time high because I think you are a kind of crypto enthusiasts who is FOMO. However I suggest that if you want to invest in altcoins better always buy in dip and hodl it in long term because in that way you can wait for the right timing to sell it with very profitable earnings.
Once the break out is confirmed, it is likely for the altcoins to move up. So if any altcoin reaches it all time high and close an hourly candle above the breakout and then retest the resistance and breakout, that's the time you can buy the coin for short term profit.
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