Selling BTC for Alt Coins?

[Rasa nanas]

The question is, what altcoin do you want to invest in? Which altcoin do you think can give you a 5x profit?
looking at the current market situation it seems difficult to make a profit on altcoins because currently the price of bitcoin is being corrected and this is also followed by most altcoins.

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[AVE5]

Who would have thought BTC would never go 5x we never know in the future, instead you move to altcoins will minus the losses you experience if you don't properly invest in altcoins.

So $2100 in Bitcoin right?
Remember you will be safe investing in bitcoin even though the profits will not be as high as altcoins but do you have experience about altcoin research before? If you follow other people's advice while not according to your expectations then it will raise because you trust other people.

While other people will choose bitcoin as the main investment.

I think I get your point here clearly. It's better of investing of a reliable source in this crypto industries where you'd invest considering minimal risk to lost of your funds.
So here bitcoin is suggested by you @ajiz138 right? Considering the emotions and sentiments in the market cap reliability is a major consideration in the crypto investment which bitcoin is the one which such potentials. It's should be noted by Investors that making your profits on a gradual process with a guarantee that your assets are saved with you should be more preferred to investing on other cryptocurrencies that may fetch you bigger profits but with the flexibilities to attain you lost without even able to recover your capital

Basically it's not sighted that there are no reputable AltCoins to offer those reliabilities of investing without the flexibilities to lost of assets but at most, technical analytical skills are required.

[lepbagong]

The question is, what altcoin do you want to invest in? Which altcoin do you think can give you a 5x profit?
looking at the current market situation it seems difficult to make a profit on altcoins because currently the price of bitcoin is being corrected and this is also followed by most altcoins.

If, in a situation like what you also said, that there has been a correction, obviously, no one wants to speculate much about altcoins, they are also corrected because of the influence of Bitcoin.
But if you have confidence and can analyze well, of course many altcoins will be able to do it later after the halving period, not now.
Remember when bitcoin passed ATH that many meme coins increased many times over, a sign that there is always that possibility, but again not now.

[SeriouslyGiveaway]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

With an investment amount that is not too large, I think you should take a little risk with Altcoin, because Bitcoin should only be for people with a large amount of capital. But if you accept risks with Altcoins, it means you have to spend more time in the market to research and observe the Altcoins you are investing in. It will be more difficult than holding Bitcoin, and sometimes more anxiety-provoking when the market corrects. If you can accept these things, and bet higher levels of risk to get better profits, then allocating to Altcoins at this time is quite reasonable when the cash flow into Altcoins is not yet real strong. There is still a lot of Altcoin growth space ahead.

[mich]

No I do not think this is a good idea for you. If you right now do have $2,000 if bitcoins then just hodl those coins and you will see profits in this year.

For me I do not sell my Bitcoin for alt coins. If I have some fiat and I want to stack some eth or other alts this is what I do. I do not sell my Bitcoins.

[Geurangsang]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

Bitcoin is the best place to invest. If you have made up your mind, it is better not to sell all your Bitcoins. You can sell max 50% of your assets for top Altcoins such as ETH, BNB and Solana. You can also search for other best Alts on Coinmarkercap or Coingecko. Something you should know is that investing in Altcoins have more risky then on Bitcoin. You have to be a good analyst to find profitable coins. The crypto market is very volatile and you should do your own analysis so that you are confident in your investment. Otherwise, sticking to Bitcoin is the best choice.

[devil-soul]

It seems that you have already decided and you just want confirmation/reassurance, of course bitcoin will no longer make big gains over time but it will still continue to grow, i would do exactly the opposite that is, i would sell all the altcoins with a doubtful future and invest in bitcoin but as council (none financial advise) just keep half the sum in bitcoin and half invest in altcoins

[Kristiyana]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

Bitcoin is the best place to invest. If you have made up your mind, it is better not to sell all your Bitcoins. You can sell max 50% of your assets for top Altcoins such as ETH, BNB and Solana. You can also search for other best Alts on Coinmarkercap or Coingecko. Something you should know is that investing in Altcoins have more risky then on Bitcoin. You have to be a good analyst to find profitable coins. The crypto market is very volatile and you should do your own analysis so that you are confident in your investment. Otherwise, sticking to Bitcoin is the best choice.

Well I think that's not the right decision to make, although you must have a reason for doing that. but I will advice you hold on to it you can't predict the future, who knows if bitcoin will do 5× in the nearest future, reason been that bitcoin still have the potential to increase in the value. however bitcoin is the father of all cryptocurrency so I think selling it to invest in most of this altcoin is not ideal,I will advice you hold on to it for Long term and see what the future will bring.

[xandriel]

The thing is, when in a downtrend, I don't see others having high odds to double like Bitcoin. And now, in an uptrend, I see many tokens having high odds to halve compared to Bitcoin. Maybe altcoins have a chance to multiply by 5 as you said, but they also have a high chance to divide by 5. And how will you know which altcoin will increase or not? So, I think don't go all in on altcoins. Just allocate around 1/4 to 2/4 of your portfolio.

[Epaper]

My advice, it's better not to sell your BTC. Even better, if you have other money, you can buy some potential altcoins to get other profits. but it all depends on your choice, if you feel that the BTC you currently have is profitable, maybe you can sell it and buy altcoins that have the potential to get even bigger profits.

[OrangeII]

The question is, what altcoin do you want to invest in? Which altcoin do you think can give you a 5x profit?
looking at the current market situation it seems difficult to make a profit on altcoins because currently the price of bitcoin is being corrected and this is also followed by most altcoins.

I think, when the OP is looking for potential with a price increase of up to 5x, maybe he feels that altcoins are the coin that suits that. With the price of bitcoin so high, it might be very difficult to wait until the value of the asset could be $10k or more, considering he only has $2k. So, I think the OP is looking for a cheap coin with the potential for a higher price increase.
However, I also agree that bitcoin is the best, and it is better to create a new portfolio. However, if the OP's decision cannot be changed, then the answer to the question lies in popular altcoins that have low prices. Although this is also very risky. I would probably choose coins like ETH, BNB, Matic, and others. however, if the OP wants to make quick profits, he can try investing in new coins or new projects. However, the risks he had to face became increasingly higher.

[moneystery]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

if you already think like that, why bother asking the forum again? you already think that bitcoin will never 5x again in the near future, and i'm not going to try to convince you. you can sell it or keep it, because it's your money and it's up to you what you want to do with it, right? so yeah, just stick with your choice and good luck with it.

[Shamm]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

if you already think like that, why bother asking the forum again? you already think that bitcoin will never 5x again in the near future, and i'm not going to try to convince you. you can sell it or keep it, because it's your money and it's up to you what you want to do with it, right? so yeah, just stick with your choice and good luck with it.

I don't think that he is right mate cause we all know the capabilities of a Bitcoin it can make us satisfied if we have  some of it. And also 5x is too small for a king of crypto currency and I know that there's a chance that we can make a good profit in the near future and not even 2x or even 5x bit more for sure. Anyways you are right that mate it's not our money so it's up to him is he gonna hold it an wait for the profit or else he gonna sell and buy some altcoins. Still that is a good choice but the outcome is different.

[VFalcon]

yes, the days when you could make a few x's on btc are over. But it is still possible to find that gem that will bring those Xs. TFS token became such for me, but I even paid more attention to its high APY

[terrific]

Give it another bull run and after the next halving on 2028 and you'll never know what a supercycle can do.
But that's going to take another time and that's the reason why you don't want to wait. You're free to sell your bitcoins anytime you want for the altcoins that you like to have if you're for a better gain and if you think that's best for you.

[Bitco55]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

Honestly, that would be your choice and decision. But I'd like you to calculate something before making those investments. That is, how much you'd earn by the end of the year if you liquidate your Bitcoin and invest it in other altcoins. Then, compare it to how much you'd earn by the end of the year if you left it in Bitcoin and it reaches over 100k per BTC. Now, it's not like I'm picking any side here. I don't even know what the outcome would be, but I think it'll help you in making your decision. As a person I barely make these decisions without determining how much benefits I'd earn from it. Don't even know if it's  a good or bad habit, but it is what it is.

[GreatArkansas]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

Around pre bull run of 2017, this is my biggest mistake. Most of my funds are in Bitcoin, I was lured by these random altcoins and I loss most of them. I realized that if I just hold Bitcoin I will not lose too much.
Now, I already know when to hold and when to sell or convert my Bitcoins, it's like already a lesson for me.

[Bureau]

Around pre bull run of 2017, this is my biggest mistake. Most of my funds are in Bitcoin, I was lured by these random altcoins and I loss most of them. I realized that if I just hold Bitcoin I will not lose too much.
Now, I already know when to hold and when to sell or convert my Bitcoins, it's like already a lesson for me.

You learn from mistakes and yes it is a bad idea to sell Bitcoin for altcoins. Bitcoin has always rebounded back and has always been the force driving the bull market. It is always advised to hold Bitcoin and not to sell it as it is more valuable than any other cryptocurrencies. Still, people forget the facts and invest in coins that won't have any value in the future. I think many members would have learned the value and potential of Bitcoin through this kind of mistake. Thanks for sharing your valuable experience with those who are still new to crypto.

[leonair]

Around pre bull run of 2017, this is my biggest mistake. Most of my funds are in Bitcoin, I was lured by these random altcoins and I loss most of them. I realized that if I just hold Bitcoin I will not lose too much.
Now, I already know when to hold and when to sell or convert my Bitcoins, it's like already a lesson for me.

You learn from mistakes and yes it is a bad idea to sell Bitcoin for altcoins. Bitcoin has always rebounded back and has always been the force driving the bull market. It is always advised to hold Bitcoin and not to sell it as it is more valuable than any other cryptocurrencies. Still, people forget the facts and invest in coins that won't have any value in the future. I think many members would have learned the value and potential of Bitcoin through this kind of mistake. Thanks for sharing your valuable experience with those who are still new to crypto.

The more mistakes one makes the more one learns. I don't know anyone who decides to sell bitcoins and invest in altcoins.  Bitcoin is a strong digital currency where long term investment has very less chance of loss but if one invests in altcoins then there is a high chance of loss and also the possibility of scams. so I don't know who is willing to take more risk with less risk. I myself would never sell bitcoins to invest in altcoins. and whoever does such a thing I think will be the biggest mistake of his life

[Iamcrypticguy]

I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

I suggest splitting the funds, leaving half in BTC and investing the other half in ETH. Then, exchange tokens that have shown good performance over the last couple of months, such as BGB. After that, look for low-cap altcoins with impressive utilities like NAVI. This is just my opinion and not financial advice! Here's a sneak peek on NAVI.