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Author Topic: invest into alt coins after every all time high?  (Read 590 times)
inanilujimi
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January 25, 2021, 03:02:04 AM
 #81

it's your decision, so just enjoy it, no one will know that someday the altcoins you hold will become something in the future ,,,
altcoins could be bigger to make a profit if we choose the right altcoin and vice versa, if one is wrong the real losses will come and your capital may sink forever.
Wulan_maniez
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January 27, 2021, 10:00:57 PM
 #82

If you’ve already sold your bitcoin at $40k or $41k, it’s sure you’ve made a lot of profit, especially if you bought bitcoin at a cheap price.
Indeed, altcoins are currently pumping because bitcoin is currently doing sideways in a  few weeks. It  might be nice if  you  could  take
advantage of trading short-term altcoins. But you should also be prepared to buy back  bitcoin  when its price drops now, to prepare for
another price hike.

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makishart
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January 28, 2021, 07:35:10 AM
 #83

already sold your bitcoin at $40k or $41k, it’s sure you’ve made a lot of profit
The problem is if he has been using his bitcoin to be converted into the altcoins and this will reduce his profit margin from his bitcoin.
We don't know actually whether he is still in the profit or he was getting the opposite result like the loses from his altcoins.
So many people have asked him about that but again the ATH can always be considered as the time to sell and it's not to buy,. So many people didn't understand it correctly.

ice18
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January 28, 2021, 09:36:51 AM
 #84

I assume thats really a good move after you sold at the latest ATH of btc and immediately bought alts like UNI,Dot, Link or Doge if you invest on this altcoins then man you nailed it thats awesome profit those altcoins are really hot right now and continue to rally while btc still in sideways I hope you already take your profit and wait for another btc dip then reenter.

firmino10
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January 28, 2021, 10:13:27 PM
 #85

You ought to never invest in cryptocurrencies when they have been pumping in price for quite a while, on the grounds that at any second these cryptocurrencies should begin falling in price, that is actually what happened yesterday, so it merits sitting tight for the second when the amendment of the cryptocurrency market will end and afterward it will be conceivable to invest in cryptocurrencies.

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Natsuu
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January 30, 2021, 05:21:33 PM
 #86

After DOGE reach ATH, I believe rn that you made the right choice and you must have a fortune right now. That's a great gamble you got there with great risk and I am now feeling that I have something to learn from you, from this. So thank you OP.

Alohadanc3
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February 07, 2021, 08:30:03 AM
 #87

I don't think its a good idea to sell all your bitcoin and covert it into altcoins. Cause now most of the coins are in high price if you hold it for long term then maybe it's fine. But in short term they can fall hard. and it's also depends on where you out your money. If you chose wrong alt then there is a possibility bo great loss. Hope that will not happen. Whatever you do do it carefully.

vintages
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February 07, 2021, 10:04:04 AM
 #88

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.

'you will have a hunch of altcoin'? You make it sound like having a lot of altcoin is the key to investing in cryptocurrency. You could have a bunch of altcoin but they still be worthless. I am not trying to sound disappointing but it's kinda the truth. If I were you, I will keep that Bitcoin,  for the future.

I just hope you purchased the right altcoins though.
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