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Author Topic: Sell Altcoins  (Read 2051 times)
LUCKMCFLY
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June 19, 2021, 08:12:08 PM
 #201

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 .


Thank you very much, instead of giving the opinion of the post what I did was to place the same quote, as for the answer was that at this moment if I went into position when I recommended it, and at first I was the market against me, but in the end I went out with positive balance, but I still do not change my position as for this currency, I do not know if someone else has done the same thing that I recommended, but because the recovery of BTC is not much that theta has actually uploaded .

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June 20, 2021, 03:17:35 AM
 #202

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 .
but I firmly believe that the alt season still exists, even though at this point we have to admit that prices are going down and maybe some are lucky and some are not. but it's true what you said, don't sell when the price is correcting at the moment but still hold it because it is certain that altcoins will be able to bounce back because the end of the year is still long.

because the period of improvement will occur at the end of the year and there is still a very long chance and there is no need to worry about what is happening now. all will soon pass and altcoins will rise again along with bitcoin.

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June 20, 2021, 07:59:37 AM
 #203

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 .
but I firmly believe that the alt season still exists, even though at this point we have to admit that prices are going down and maybe some are lucky and some are not. but it's true what you said, don't sell when the price is correcting at the moment but still hold it because it is certain that altcoins will be able to bounce back because the end of the year is still long.

because the period of improvement will occur at the end of the year and there is still a very long chance and there is no need to worry about what is happening now. all will soon pass and altcoins will rise again along with bitcoin.
It's true right now it's better to be patient and hold on first,
we need to see the current market conditions are correcting and of course this is not the right time to sell,
we'll see later and hopefully everything can rise soon
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June 20, 2021, 11:24:01 AM
 #204

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.
This is a pretty tricky question. I think there is no need to rely too heavily on the dominance of bitcoin. I used to love this indicator, but over time I became disillusioned with it.

The fact is that it calculates strangely. The number of altcoins is growing all the time and this figure is hardly representative. Better to look at the chart of a specific altcoin to bitcoin. There is more accurate and clear information.

It's better not to sell anything yet.
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June 20, 2021, 01:27:58 PM
 #205

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.
a crushing blow at this time bitcoin has experienced a great decline then altcoins will decline much more just look at this time the market has deteriorated all altcoins are falling faster and so on making the price lower bitcoin is the start of a disaster for altcoins that fall so fast that those who hold altcoins have more the big risk of losing money is greater when the market is down and it's very detrimental in contrast when bitcoin hits $60k all altcoins become very valuable.


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Koutami
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June 20, 2021, 11:42:31 PM
 #206


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?

Its based on your preference as a believer on crypto space, if you trust more Bitcoin over altcoin than your decision could be wrong and you can change some of alt to the bitcoin.
But if you are Bitcoin minimalist like me, having only little percentage of Bitcoin are a fine for me.

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