Sell Altcoins

[TheGreatPython]

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?

I agree that it is a personal choice, it is not a question to ask others because everyone will give their own answers. I have a friend who is on 100% bitcoin and keeps increasing his bitcoin number and never looks at any other coin, he made a good amount of profit during this period, his 20k waaaay back in the day turned into 300k+ dollars, and he is quite happy about it.

I have a friend who likes trading, he doesn't do daily, he just reads charts constantly and finds good coins that should go up, buys and waits until it goes to the price he estimates and sells when it reaches there, he made a good amount of money as well. I have also seen people who lost money both ways as well.

So long story short whatever you do, however you do it, if you know what you are doing and good at it, you are going to profit, if you fail you will fail with both of them.

[Golftech]

I'm proud that I've bought ETH at a low price ($900+) last year. I hope it will go higher than my projected target which is 75% of my investment and then will invest in another altcoin on the market like YLD, Pundi X, and Blocknet (BLOCK)
Long-term, until next month or December is sounding very safe. So NO, I don't plan to sell it 

Be very careful, I know that a lot of people are very happy with the results they are getting with altcoins and that's fine you should be happy about your good results but you should never invest in altcoins for the long term, you should always be ready to sell your coins and get out of it because we know that once this market begins to crash altcoins are going to crash way faster than bitcoin, this is not an opinion this is a fact and you should be ready for it.

You need  to set your target unless you are aiming for long term achievements and you really

trust the project that you are investing your money, There's always a good side and bad side

of this market, you need to invest with your knowledge to make a much better/clearer path

towards to your success journey around crypto industry.

[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 decided to sell altcoins with bitcoin pairs, even so I still hold several BNB and Eth altcoins as long-term assets.

I also have some BNB and ETH, both coins surpass the previous ATH and it's a great thing that happened to me. I think the wise decision that I make. I don't just want to stick with BTC but I also want to take some risk and put most of my assets in altcoins. I'm satisfied what I could put in BTC. It's safer to have both of BTC and altcoins. I think I have a future if I be able to buy when the price is still cheap rather than wait for a few years later. 

Bitcoin is one of the most promising long-term assets like some altcoins which can indeed be an option to store for a long time, sometimes not everyone has the same opinion in determining the choices made, like me who prefers to save BNB for several reasons that I have considered, so with those of you who prefer BTC as your investment asset and now the dominance of bitcoin is indeed quite large but I think it will not be long and will be replaced by the altcoin season but whatever choice we make of course we expect profits to come to us.

[newwest]

Common! Selling alts during the wildest alt season ever?? Find an altcoin that operates in untapped niche and invest heavily!
As an example did you know that less than 1% of websites worldwide are protected against DDOS and it is a huge untapped niche - Disbalancer (https://disbalancer.com/ ) project is going to disrupt. If it is not a gem - idk. IDO starts very soon. Don't miss it
Take a look at their medium https://disbalancer.medium.com/

Diversification is the key and one need to hold good altcoins and not the ones which does not rises only and stuck at same levels or keep falling. So, knowing which to pick is also the key so that during the bull run these coins helps you make a good value for investment. Sell the ones which are not worth it and buy some tops altcoins.

[kopijos]

investing in bitcoin or altcoin is not really a problem, as long as both are potential. for altcoins that are of more concern because now altcoins have many variations and we must be able to choose altcoins well, lest we choose altcoins that are indicated as scam. this requires accurate analysis and prediction

[ScamViruS]

investing in bitcoin or altcoin is not really a problem, as long as both are potential. for altcoins that are of more concern because now altcoins have many variations and we must be able to choose altcoins well, lest we choose altcoins that are indicated as scam. this requires accurate analysis and prediction

Just as Altcoin can give you huge profits, it can also cause you huge losses unless you are careful enough to buy any Altcoin. There are huge amounts of altcoin coins in the crypto market so it is not an easy task to open the potential coin and invest in it. This will require the ability to research a project properly. And you don't have to worry too much about investing in Bitcoin, if you are thinking of investing in the long term, you can buy Bitcoin at any time.

[Om.monata]

for me choosing bitcoin or altcoin has the same good market, it's just how we process our assets because in crypto anyone can be successful from any coin bitcoin or altcoin can be an option of your choice according to your beliefs

[Vinaa77]

The right time to sell altcoins is when the market is in a bullish trend like it is today. you will be able to get the maximum return on investment.
Perform technical analysis in order to give you confidence and also at what price to sell it. but before investing, of course, in conducting our own analysis,
 we already have a target that at what price will sell. and actually this can be made into a range that we can do for Take Profit

[meocart1989]

https://m.facebook.com/story.php?story_fbid=4236353629721724&id=100000413868386

[jocker-poker1]

There couldnt have been a better time to be invested in the "right" altcoin project.

[ecnalubma]

If you’re patient you can wait, for sure you believed in your altcoins before you purchased them. Sometimes we don’t need to rush things, but its your decision to make. Every coin in the market has their moments if you get easily carried away by your emotions it will be hard, stick to your goals.

[bitjoin]

I think you have done a very good investment strategy 30% in bitcoin and 70% in altcoin, it looks so perfect. You don't need to sell part of the altcoins you own to increase the bitcoin percentage. Especially now that the altcoin market is on the right track, you will benefit greatly if you invest in the right altcoin.

[Rampagoe004]

I think it's a division that can be continued and you can directly choose the altcoin that you want to invest, because in investing today more benefit in some potential altcoins, and the risk we bear is not too big so we can rely on it to invest, but if bitcoin price continues to increase then the profit we can also be very large but the capital we spend is also large.

[Ewox]

I personally would prefer to hold more of Bitcoin and probably distribute around 60% of my investment to other altcoins that have great possibilities in the crypto world that’ll be of good use in the near future too. And would most probably do short term trading with altcoins and long term trading for bitcoin.

[Golftech]

I personally would prefer to hold more of Bitcoin and probably distribute around 60% of my investment to other altcoins that have great possibilities in the crypto world that’ll be of good use in the near future too. And would most probably do short term trading with altcoins and long term trading for bitcoin.

Short trades for alts is very possible it can bring good earnings if the timing is right, while with Bitcoin

is very advisable to keep it for long term, a good future investment that you'll see the best benefits

after some months or years, depending to how you really appreciate the market and how deep you

are willing to take for the best interest.

[tabas]

I personally would prefer to hold more of Bitcoin and probably distribute around 60% of my investment to other altcoins that have great possibilities in the crypto world that’ll be of good use in the near future too. And would most probably do short term trading with altcoins and long term trading for bitcoin.

60% for alts and 40% for bitcoin? I think you should increase more in bitcoin. But if that's your plan and you're firm to hold 40% of bitcoin for your portfolio and 60% goes to alt.
As long as you'll not touch anymore your bitcoin for that percentage and you let the 60% flow to different altcoins of your choice which you think might grow with your chosen altcoin.

[turbo_trader0101]

I'm really amazed by what stoboxcompany team has been doing so far! A true gem in making with extremely low MC
Tokenized shares that's what will be the next hyped topic in crypto and https://stobox.io/ is clearly leading the way! $STBU is at the support now. Time to ape
https://www.youtube.com/watch?v=oj1v3BwwMp8

[Jateng]

I am personally not sure of that way because for me it would be better to keep it separate, I also did it separately even though some of the altcoins I still hold today and have not thought about selling them to bitcoin. I just wanted to stay in the original plan where I made investments in altcoins as well as bitcoin separately, because then I would actually be profiting from a different basket.

I prefer to sell altcoins anytime if the price goes up and then buy again if the price goes down, unlike in BTC I don't allow myself to sell it even before the price goes up. It's my long-term investment while I be able to sell altcoin when I'm satisfied what I've gained, but there are some alts that I also prefer not to sell like BNB and ETH.
BTC now is too expensive since I have already some BTC in my wallet which I brought when it still cheap, I'm just focus on finding some altcoins that worth to invest like XRP, THETA, RUNE and ENJ.

[JumangiMan]

Selling alts? You muct be kidding, right?  If defi remains as hot as it is now you better be looking at https://dehive.finance It is a decentralized protocol that allows the user to become a holder of the top DeFi tokens packed into 1 index
Token sale is on 14th of April! 1.1 mil tokens
https://medium.com/dehive/the-details-of-dhv-public-sale-5eade5de729f

[ADCrypto101]

What kind of alts are you holding? If its an establish one then stay still. Alts season will occur in time, keep in mind that investing on alts are profitable as well but sometimes it doesnt happen during btc bullrun, it has a season on its own.

Just hold your altcoins because its not a bad decision to allocate 70% for it. If you want to join the ride of btc IMO you need additional capital to buy, however not at this moment because the price is so expensive.

Nice man! Thank you very much for the input!