Sell Altcoins

[makishart]

I don't think if that is good idea to sell your altcoins just for bitcoin.. Many altcoins out there that has more potential than bitcoin like polkadot, cardano, binance coin, they can increase multiple times. Bitcoin is good for long term investment but if I have money to spare I rather to invest in altcoins.

Agreed, betting into the new tech is totally worthy. So many people have become the new millionaires caused by this. I personally will pick altcoins as my first choice rather than bitcoin.
Bitcoin is only worth for the big buyers. As a medium buyers and i would never try to buy that.
We must see how binance early adopters have become the next millionaires caused by it was getting increased so hard.
That proves new altcoins are really worth right now.

[Renampun]

Hi guys,

a question which i had discussed with some of my friends before:

If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.

Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?

Really interested in your thoughts!

Kind regards.

BTC is the most valuable cryptocurrency and that's undeniable, so you are free to choose...
BTC or Altcoin has the same potential price increase, it's just different times of vulnerability. ADA, BNB, ETH are examples of Altcoins that have more than 7x rose in recent times and they are really profitable. I made hundreds of dollars from past ADA bulls. so just choose the best cryptocurrency and you have nothing to lose.

[criket]

BTC is the most valuable cryptocurrency and that's undeniable, so you are free to choose...
BTC or Altcoin has the same potential price increase, it's just different times of vulnerability. ADA, BNB, ETH are examples of Altcoins that have more than 7x rose in recent times and they are really profitable. I made hundreds of dollars from past ADA bulls. so just choose the best cryptocurrency and you have nothing to lose.

many altcoins are making the high pump this month.
such as DOT and ADA that have provided benefits to you.
I don't get from ADA, but I get from BNB. the strong pump that occurred in the market from the beginning of the year that not many people expected to make altcoins also respond to this pump.
even low-priced altcoins like NPXS, AOA, and BTT.
at this time the altcoin season has almost evenly occurred in all altcoins in the market.

[Question123]

Bitcoin is not yet done so I think if you choose the bitcoin you still earn profit. But in my opinion I think it is really good if you invest and do not sell your altcoins because for me the altcoins will gives more profit than the bitcoin. Because the times of possible to be highest is times 2, of the current price but the times of possible for the altcoins to increase is more than 2x if that is potential coin like the ethereum , ripple and bnb.

[JumangiMan]

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[Fatunad]

Bitcoin is not yet done so I think if you choose the bitcoin you still earn profit. But in my opinion I think it is really good if you invest and do not sell your altcoins because for me the altcoins will gives more profit than the bitcoin. Because the times of possible to be highest is times 2, of the current price but the times of possible for the altcoins to increase is more than 2x if that is potential coin like the ethereum , ripple and bnb.

This is what others been thinking off when it comes to possible profits which if they do decide to stick out with bitcoin then they can only get 2x maximum
but with altcoins with low price and low cap then they can possibly earn 100x-1000x into their investment thats why there are really people whom do target out
altcoins and focusing on it despite of the common recommendation of the masses which we should stick with bitcoin.Actually this is really a matter of choice
because some people do choose a bit of security when it comes to long term aspects thats why some do play bit safe and some do play with fire.

[Theones]

Hi guys,

a question which i had discussed with some of my friends before:

If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.

Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?

Really interested in your thoughts!

Kind regards.

I think you should hold back and not switch. Until now, Bitcoin and only a few major altcoins grew. It seems that the altseason is starting and now the prices of coins from further positions on Coinmarketcap will start to rise.

[Myleschetty]

It will be wise to sell some altcoins for Bitcoin if you're not selling the altcoin at a lost price but if the altcoin are DOT, LINK, ADA and ETH. I will recommend you to hold the altcoin and looking for another capital to invest in Bitcoin.

[seleme]

It is not good idea to sell alts and buy BTC especially if BTC price has soared so much during the last bull trend. Better wait for bear market for re-entry. If you have a bigger trading capital, go to check the reliable projects and their market shares before investing. The alt season is not started yet and the chances of entering altcoin season increases every day. Better to keep track of alternatives coins rather than investing in single cryptocurrency.

[TheGreatPython]

Hi guys,

a question which i had discussed with some of my friends before:

If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.

Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?

Really interested in your thoughts!

Kind regards.

do not sell all your altcoins for bitcoin my friend
especially if you hold the right altcoin such as ethereum or bnb mate
because we can make profit by holding altcoin too
regards

That is what I was thinking, altcoins are still quite valuable, and they are away from their ATH price as well, when bitcoin broke over 20k the other coins were still under their ATH prices, but over time when bitcoin kept going up those altcoins broke over their ATH prices as well, that is what will happen very soon, we are going to see bitcoin price go up more and more and we are going to see alts go up even more and break their ATH and go up to higher levels.

I hope that I am diversified enough, I believe that we are going to end up with a good profit but I do not know how much, I fear that maybe I am not spread enough and the price may end up being not so bad and not so great for some alts or bitcoin, if I diversify enough that would mean that I could end up profiting whenever one of them increases and can move to another one and get profit from each increase.

[Golftech]

Bitcoin is not yet done so I think if you choose the bitcoin you still earn profit.

Bitcoin still moving forward, for best outcome, having good amount invested to Bitcoin still prfoitable.

But in my opinion I think it is really good if you invest and do not sell your altcoins because for me the altcoins will gives more profit than the bitcoin.

In terms of numbers of folds, Alts that have good functions still have a huge chance to grow more.

Can difinitely brings much bigger profits.

Because the times of possible to be highest is times 2, of the current price but the times of possible for the altcoins to increase is more than 2x if that is potential coin like the ethereum , ripple and bnb.

That's what I'm saying, most of the times, Alts that really breakout brings a huge amount of profits to

all it's early investors.

[South Park]

That's the biggest reason why people end up losing money, they end up putting their money into something that is going up and they lose money. You do not put money into something that is going up, you put money in it before it goes up, if you are not sure what is going to end up going high then you should not put money into it, if you are sure about it going up then you should be spending money to make it go up yourself of at least buy beforehand.

Obviously nobody could say that it should be done this way or that way because everyone has their own way of trading, but if you buy something that is going up that means you will end up losing money if it stops going up. I have seen people losing thousands of dollars because of things like this, there is nothing wrong with buying when things are low, keep buying as long as it keeps going down and do not be afraid.

This is very common, people see that an altcoin went up in value and instead of thinking it is dangerous and a bad idea to invest in a coin once it has reached a new ATH they think this is the opportunity to buy when that is precisely what many whales want them to do, then once they push the price up long enough they begin to sell and the ones that bought at the top are the ones that suffer the greatest losses as many do not want to admit their mistake and keep holding their coins hoping for things to change, but of course that never happens.

[crzy]

It is not good idea to sell alts and buy BTC especially if BTC price has soared so much during the last bull trend. Better wait for bear market for re-entry.

Its ok to sell as long as you already made profit, and do buy some good projects again and Bitcoin can also be a good option. The price is very volatile as of the moment, we’ve seen the pump and dump with bitcoin over the past weeks and that can be a good way to make profit so its ok for me to sell my altcoins to buy bitcoin, again this is my personal analysis as a trader, not an investment advice.

[ven7net]

Hi guys,

a question which i had discussed with some of my friends before:

If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.

Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?

Really interested in your thoughts!

Kind regards.

I believe that BTC domination will remain large, since now all forces are thrown on the growth of BTC. For this, funds are needed, and it is precisely the altcoins that will serve as growth for BTC. I believe that in such a situation it is better to keep funds both in BTC and in altcoins, however, you need to be more careful about altcoins and try to choose more promising ones that can show good growth.

[Cling18]

Hi guys,

a question which i had discussed with some of my friends before:

If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.

Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?

Really interested in your thoughts!

Kind regards.

As long as you bought potential altcoins, there's nothing to worry about your holdings though Bitcoin would really surpass them because there's always a right season to gain a good profit from all our altcoin holdings. Just try to forget about your altcoin investments right now and try to check on it when the alt season approaches. Also, profit is still profit, and don't feel disappointed if you couldn't reach your expected profit because sometimes, greediness could lead us to regrets.

[uelque]

What's wrong about people is that they are being confused on their decision because they want fast and huge profit on their investment. Which will certainly lead them to gain almost nothing. Moving to another kind of invesments, (let's say bitcoin to alts and vice versa) is way much more riskier most especially if it only adviced by those people you know who ain't that much familiar how the market moves, simply they just go to the flow of others. It is high risk, and you can loose much more by doing so. I prefer sticking to your current investment percentage because after all profit is profit, and it doesn't always need to be that big.

[Billo_]

If you own outdated Altcoins, it has a high possibility of success for SELL, I made a list of arguments:
We should not buy outdated and overvalued coins

People still own many outdated and not innovative coins.
For good profits wee need to make sure, to only buy an innovative coin and sell all outdated coins.

[LUCKMCFLY]

If you own outdated Altcoins, it has a high possibility of success for SELL, I made a list of arguments:
We should not buy outdated and overvalued coins

People still own many outdated and not innovative coins.
For good profits wee need to make sure, to only buy an innovative coin and sell all outdated coins.

This is an infallible option, for now I think it is the best decision, many Defi projects have taken many investors from the market, if we take into account the main characteristics of many alts they may be superior but I think it is leading the "fashion" based on the high range of advertising on social networks, now have a very large arsenal for the traffic of new projects to overshadow those that so much work in development has been raised.

Now looking at it from the point of view of a market speculator, if they see the price of Bitcoin rise rapidly, some are going to sell their Alts so as not to miss the movement of Bitcoin, it is what happens in the majority, and once this the price of the alt goes down noticeably, and if profits are made in BTC, they can put that money back in the highs when the Bitcoin market stabilizes. The best thing about this move is that they will be able to buy the same alts but with a much lower price and they will be able to have many more alts than before.

[DU18]

Since the initial increase in bitcoin prices at the end of 2020, I sold almost half of the altcoins that I had been holding and indeed the decision I made at that time was quite reckless because the movement of bitcoin when the initial increase was not stable, but of course there was no result will  we got if we don't dare to take the risk and now my assets have even increased since I made the decision to sell altcoins with bitcoin pairs, even so I still hold several BNB and Eth altcoins as long-term assets.

[TheGreatPython]

As long as you bought potential altcoins, there's nothing to worry about your holdings though Bitcoin would really surpass them because there's always a right season to gain a good profit from all our altcoin holdings. Just try to forget about your altcoin investments right now and try to check on it when the alt season approaches. Also, profit is still profit, and don't feel disappointed if you couldn't reach your expected profit because sometimes, greediness could lead us to regrets.

That's right, it is all about which coins you pick and you can't generalize it as crypto as a whole. For example saying altcoin could mean a coin that has zero potential and going down and not wanted, but it could also mean a good great potential new coin that everyone loves to talk about and highly ranked, which one are we talking about here?

I would say that hard part is to pick that good coin, after all it is not easy to pick something that could value faster than bitcoin in the future, but if you can manage to do that it would mean that you picked one hell of a good altcoin and that's a good decision, but if you failed and managed to lose money because you picked a bad one, that happens to everyone and not worry about it and get back on the horse to try again and find something better next time. Obviously it is not going to be easy but you should stick with altcoins and learn that.