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Author Topic: Sell Altcoins  (Read 2051 times)
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June 10, 2021, 01:43:34 AM
 #181

As I had planned in THETA, those who were able to enter by selling I think they have obtained very good profits, since only today it has fallen by 8%, in this analysis it is shown:



Quote
Bearish divergence on RSI confirmed the most recent pullback, but its downtrend was more disconcerting. A bearish twin peak setup on Awesome Oscillator also suggested some incoming selling pressure. Losing out on the bottom trendline of the channel could trigger a 26% fall towards the $6-mark.
Source: https://ambcrypto.com/ethereum-theta-filecoin-price-analysis-08-june/

There is still the possibility that it continues to fall, that is, for those who have not entered short, they can do so and maybe win something.

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June 10, 2021, 05:01:31 AM
 #182

As long as it is profitable, it doesn't matter, as investors of course we have to think realistically, don't sell out of panic but sell when there are too many negative issues from the altcoins, if altcoins are in the top 50 then hodl is the best option than sell.


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June 10, 2021, 08:09:44 AM
 #183

As long as it is profitable, it doesn't matter, as investors of course we have to think realistically, don't sell out of panic but sell when there are too many negative issues from the altcoins, if altcoins are in the top 50 then hodl is the best option than sell.
But base on my experience ? sometimes Panicking saves us from continues losing specially if we are not really into long term strategy .

When the coins are starting to fall, i sold all my coins and boom the market becomes bearish and my funds if not sold will decrease more than half.
 
But luckily that i panicked and sell all so now i doubled my holding.

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June 10, 2021, 08:10:40 AM
 #184

As long as it is profitable, it doesn't matter, as investors of course we have to think realistically, don't sell out of panic but sell when there are too many negative issues from the altcoins, if altcoins are in the top 50 then hodl is the best option than sell.

Actually a good decision is to sell altcoins when we are profitable, if the altcoins we currently have are a loss if they are sold for what to sell now.
Moreover, the decline in the crypto market will not be forever, it will definitely recover again, so if we don't have an urgent need for what sell altcoins
we have at a loss. Moreover, the coins that we HODL include the top 50, including safe for HODL for the long term. Unless the altcoins we HODL are
new projects or shitcoins, they should be sold immediately,  because there is a possibility that the price will be difficult to recover.


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June 10, 2021, 09:53:24 AM
 #185

As long as it is profitable, it doesn't matter, as investors of course we have to think realistically, don't sell out of panic but sell when there are too many negative issues from the altcoins, if altcoins are in the top 50 then hodl is the best option than sell.
But base on my experience ? sometimes Panicking saves us from continues losing specially if we are not really into long term strategy .

When the coins are starting to fall, i sold all my coins and boom the market becomes bearish and my funds if not sold will decrease more than half.
 
But luckily that i panicked and sell all so now i doubled my holding.
Sometimes it is but if we panic too often and sell it I don't think it's a good thing,
however we continue to analyze the market so that when we make the right decision,
it's clear when the coin goes down we better stay calm first

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June 10, 2021, 02:31:40 PM
 #186

Bitcoin has increased 15% today, but Altcoins still haven't increased, if seen from the analysis,
this is because the dominance of bitcoin is back up again, and above 43% today, of course this is what makes altcoins still not up,
if the dominance drops deeper then you can sell altcoins gradually, don't rush and keep stay calm
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June 11, 2021, 05:41:32 PM
 #187

Bitcoin's dominance chart looks very uncertain. Bounces in Bitcoin are possible, but in my opinion, a further decline in Bitcoin's dominance is more possible.
Indeed, if Bitcoin grows, it is likely that growth will be slow. And altcoins are likely to outpace it in growth. It is from these considerations that you should proceed in your trade.
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June 11, 2021, 05:45:03 PM
 #188

Bitcoin has increased 15% today, but Altcoins still haven't increased, if seen from the analysis,
this is because the dominance of bitcoin is back up again, and above 43% today, of course this is what makes altcoins still not up,
if the dominance drops deeper then you can sell altcoins gradually, don't rush and keep stay calm

I am pretty hopeful for the altcoins also to rise back sooner and some of evergreen coins will be the ones which will bounce back quickly. The prices have fallen a lot for some of the coins and expecting once bitcoin rises a bit further some altcoins to lead the rally back.

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June 11, 2021, 07:22:19 PM
 #189

Bitcoin has increased 15% today, but Altcoins still haven't increased, if seen from the analysis,
this is because the dominance of bitcoin is back up again, and above 43% today, of course this is what makes altcoins still not up,
if the dominance drops deeper then you can sell altcoins gradually, don't rush and keep stay calm

I am pretty hopeful for the altcoins also to rise back sooner and some of evergreen coins will be the ones which will bounce back quickly. The prices have fallen a lot for some of the coins and expecting once bitcoin rises a bit further some altcoins to lead the rally back.
Yes, to be precise, bitcoin has remained strong for the past 3 days. Altcoins are still standing still and are looking at fresh moves in the value of BTC. Of course, I think in this case, BTC will bullrun first, and the choice will be to keep BTC beat at strong defensive levels to create an advantage.
Altcoins will give bullish hope in case BTC moves above the corner.

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June 11, 2021, 11:29:26 PM
 #190

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!
That's fine for me.

I think the only improvement that you could try is whenever you get profit from altcoins, you can just store it into Bitcoin then let it be there. I think no matter how much you start in Bitcoin it's pretty much profit in these days. But still, I would recommend to store some of the profit or you have spare money left in your wallet to Bitcoin and HODL it.

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June 12, 2021, 01:58:04 AM
 #191

sell altcoins? all altcoins are in support, to be honest I'm still monitoring the altcoins I hold,
and until now my asset estimation has decreased a lot, it's sad to see prices continue to decline, it hurts a lot.
reportedly today will also be a bad day for cryptocurrencies,



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June 12, 2021, 10:29:59 AM
 #192

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 far as I know, this always happens. First, they buy BTC and sell altcoins, thereby increasing the price of BTC and its dominance, but when the dominance of BTC falls, then it makes sense to sell BTC and buy altcoins. It is very important for you to know exactly when the dominance of BTC will begin to rise in order to have time to buy BTC and capitalize on the growth of its price. Now, as far as I can see, the price of both BTC and altcoins has gone down, and to be honest, it is difficult to say whether there is any point in selling anything at all. I believe that it is better to wait for the moment until the market situation changes to a rise in cryptocurrency prices.
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June 12, 2021, 11:21:41 AM
 #193

it seems that this is a difficult condition for altcoins, bitcoin dumping causes altcoins to also be dumped,
of course this is very scary because many traders panic sell, I am also like that, yes it's natural to panic,
if not sold then we can lose a lot, it's better sell rather than hold, and buy back when the price drops

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June 15, 2021, 09:45:36 PM
 #194

Theta has been on a strong swing, it has risen, it has recovered, but its trend is clearly bearish, the technical indices show that it may continue to fall, therefore, as I had previously written a previous post, I see this currency ideal to sell at Despite the fact that BTC is rising from price:


Quote
MACD too registered a bullish crossover, as it moved away from the signal line and above the histogram. The asset’s price could rise further moving forward. Buying pressure continued to overpower the selling pressure, as Relative Strength Index remained above the median line at the 57 mark. However, the indicator registered a decline in the past few hours.
Source: https://ambcrypto.com/binance-coin-matic-theta-price-analysis-15-june/
I don't know if someone has sold or went short, but it is a very good option to do so.

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kesmex
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June 16, 2021, 09:02:47 AM
 #195

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.

if you have made a profit from altcoin that you invested, then I think it's okay if you swap your altcoin to BTC, because I think BTC is very good for a long-term investments, then of course it will definitely give you a big profit in the long term and investing in BTC is indeed safer than investing in altcoin, so in my opinion it is the right choice if you swap your altcoin with BTC.
True Bitcoin is the right choice for long-term investing,
because Bitcoin goes up every year and that's a good thing other than that Bitcoin is proven to be profitable,
other than that, investing in bitcoin is safer and I don't think the risk is as big as investing in altcoins

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June 16, 2021, 10:45:10 AM
 #196

If I were you, then I would stick with the assets you currently have. if you feel that the price of bitcoin is cheaper, then look for other ways to own it. however, altcoin prices also have an impact when bitcoin prices fall. So, I don't think it would be wise to sell it at such a low price. at the very least, sell it when you have your assets back.

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rodskee
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June 16, 2021, 11:35:59 AM
 #197

If I were you, then I would stick with the assets you currently have. if you feel that the price of bitcoin is cheaper, then look for other ways to own it. however, altcoin prices also have an impact when bitcoin prices fall. So, I don't think it would be wise to sell it at such a low price. at the very least, sell it when you have your assets back.
Yeah maintain the currencies he has and just use some of his extra funds to invest with other coins .
he has already a good folio so why need bother to change the cryptos inside .
Theta has been on a strong swing, it has risen, it has recovered, but its trend is clearly bearish, the technical indices show that it may continue to fall, therefore, as I had previously written a previous post, I see this currency ideal to sell at Despite the fact that BTC is rising from price:


Quote
MACD too registered a bullish crossover, as it moved away from the signal line and above the histogram. The asset’s price could rise further moving forward. Buying pressure continued to overpower the selling pressure, as Relative Strength Index remained above the median line at the 57 mark. However, the indicator registered a decline in the past few hours.
Source: https://ambcrypto.com/binance-coin-matic-theta-price-analysis-15-june/

I don't know if someone has sold or went short, but it is a very good option to do so.

Theta has been on a strong swing, it has risen, it has recovered, but its trend is clearly bearish, the technical indices show that it may continue to fall, therefore, as I had previously written a previous post, I see this currency ideal to sell at Despite the fact that BTC is rising from price:


Quote
MACD too registered a bullish crossover, as it moved away from the signal line and above the histogram. The asset’s price could rise further moving forward. Buying pressure continued to overpower the selling pressure, as Relative Strength Index remained above the median line at the 57 mark. However, the indicator registered a decline in the past few hours.
Source: https://ambcrypto.com/binance-coin-matic-theta-price-analysis-15-june/
I don't know if someone has sold or went short, but it is a very good option to do so.

sorry but How come that you made the same post in different dates? this was the first time i see this kind .

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June 16, 2021, 01:58:40 PM
 #198

If I were you, then I would stick with the assets you currently have. if you feel that the price of bitcoin is cheaper, then look for other ways to own it. however, altcoin prices also have an impact when bitcoin prices fall. So, I don't think it would be wise to sell it at such a low price. at the very least, sell it when you have your assets back.
Selling at a low price is of course not the right decision,
with moments like that we need to be patient and keep holding it I think it's much better,
but holding coins is not easy and self control is very important

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sarmrakib
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June 16, 2021, 02:45:18 PM
 #199

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.
You already have with your result .I think we have seen a good alt move in the recent past and you got enough profit from this time .If its not you don't need to be panicked right at the moment and don't sell your alt on low price .You didn't mentioned which coins you have invested if it is the top coin then really fine but if it is shitcoin then you have lost enough .However you still may go with btc hop you will have a great future .

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June 17, 2021, 02:55:46 PM
 #200

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.
You already have with your result .I think we have seen a good alt move in the recent past and you got enough profit from this time .If its not you don't need to be panicked right at the moment and don't sell your alt on low price .You didn't mentioned which coins you have invested if it is the top coin then really fine but if it is shitcoin then you have lost enough .However you still may go with btc hop you will have a great future .

Does this mean that you are generally saying that alt prices are low right now? Which alt coin is low in your opinion in specific? For me it looks like insane prices for almost all alt coins if you look at it from a realistic market perspective. Compare some of the alt coins to real companies producing products and see what their value is. Not that easy to say that alt coins are cheap right now.

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