Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: electronicash on January 25, 2025, 07:38:32 PM
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
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if I were to sell my alts currently I would not convert them to BTC, would rather convert them to stables and when BTC reaches $60k or around that in next couple years, buy BTC then with stables.
NFA, it's just what I'd do and what I plan to do upon selling my alts holdings.
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if I were to sell my alts I would still not convert them to BTC currently, would rather convert alts to stable coin and when BTC reaches $60k or around that in next couple years, buy BTC then with the stablecoin.
NFA, it's just what I'd do and what I plan to do upon selling my alts holdings.
stablecoin is reasonable by the time bear market is happening and buying at 60k with your stablecoin would be strategic.
that is if the bear market is confirmed. right now even if the price drops to 90K, people will hope the price will bounce further up to more than 106k. and this is like what Trump gave for crypto users, they are more hopeful than ever that bull run will continue.
buying stabkecoin while BTC just jump to 120k, its an ooportunity loss.
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Nah because I have nothing to sell right now I lose all my funds both Bitcoin and Altcoin holdings from trading memecoins so maybe if I had the chance soon but for now, I will make savings first. I wish I can still get on the ride before price goes up so I am not able to miss this bullrun again.
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ever tempted to sell them all to make more profit?
If all the altcoins that one holds are altcoins without promise, selling them off to BTC will be the best decision right now as the price looks bullish. Holding on to those coins may mean missing on the opportunity to jump on to bitcoin while there is a lot of chance to.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
We have different strategies with regards on making profit in crypto,if you think you can earn by selling your altcoins holdings and buy btc then go for it,holding good altcoins is not a bad idea but sometimes you also need to change your plan to make profit it needs limitations and plan,if you hold your altcoins for a long term and nothing happens then sell it and buy btc for good.
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dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
I've been holding altcoins that are now below my buying price and with this thread, I might sell all of them and buy other coin although it will not be Bitcoin, but rather Ethereum. Unless Bitcoin will go below $100,000, I will not buy any Bitcoin, and I believe that coins like Ethereum have more upside hence more profit than Bitcoin with their current price.
I'm thinking of selling it, but I can't take the losses that I will get once I sell them. Currently, I'm down almost 50% on each of the coins which is quite unfortunate although I'm staking it to at least cover some losses. Nevertheless, if time comes that I need to sell all of my altcoins for Bitcoin or Ethereum, I'll do it.
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From the market behavior and reactions towards altcoin one can easily gets tempted to sell to BTC because when you look at Bitcoin the price increasing above other coin, and of course we know that Bitcoin is driving factors on the market and every other tends to follow after it, currently the market is not reflecting anymore because we know that much attention was given to Bitcoin and Donald Trump focuses on Bitcoin during his campaign lots of do use that medium to venture into Bitcoin, in fact Bitcoin gained lot of attention than any other shitcoin out there. So holding altcoin may seems not right for now except those hype coin that always results to pump and dump.
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I don't know but it could be the smart decision and it could be late if you are going to sell it right now. I think last year was the best time to sell altcoin->bitcoin specially in the first quarter or before the halving as we have established a new all time high that time.
And for sure, altcoins investors are just shaking their head as it seems that the altcoin bull run is very much delayed and now we are seeing the decoupling of Bitcoin and altcoins have been left behind.
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For me, my strategy is to sell Bitcoin when it goes up and buy Altcoin instead, and vice versa, i.e. I sell Altcoin and buy Bitcoin when the price of Bitcoin goes down.
Usually, after Bitcoin goes up and starts to go down a little, it is a good opportunity to buy Altcoin, some of which starts to go up at this point, but of course you have to do your own research and know how to choose good Altcoin with a good project and potential for future growth.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
I don't sell my altcoins for Bitcoin, what I do is put money on Bitcoin separately and put some on altcoins that I know will one day go up later in the future. The thing is that you may regret selling your coins one day for another because you never can tell when the pump may come later, it's even after you have convert the coins later do run up.
I have some Mantra coin I have been holding for sometime and I was tempting to sell them but something keep telling me to hold and this year has been so massive about Mantra, there is opportunities on altcoins too but they are just risky.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
You can sell your bitcoins if the price of bitcoin crosses your target, but altcoins are more volatile so there is more risk involved. The profit you made by holding Bitcoin for 2 years can be lost in just a few days by investing in Alt. So if you are not an expert in market analysis then I don't think it would be good for you to sell bitcoins and go alt.
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For me, my strategy is to sell Bitcoin when it goes up and buy Altcoin instead, and vice versa, i.e. I sell Altcoin and buy Bitcoin when the price of Bitcoin goes down.
Usually, after Bitcoin goes up and starts to go down a little, it is a good opportunity to buy Altcoin, some of which starts to go up at this point, but of course you have to do your own research and know how to choose good Altcoin with a good project and potential for future growth.
BTC seems going down, decisions i think have been declared by some of us today. we all have different strategy and whether you sell your altcoins or not, i think the advices we read on forums are not having much effect on us since we are all capable of deciding on our own.
as for me, i'm selling most of them. just leave the altcoins that aint contributing to the growth of my portfolio.
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dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
I just got tempted with this decision mate, after observing the dominance effect of BTC on these ALTS especially memes, giving them new lows at every price drop.
Even when BTC tends to start an uptrend, the ALTS wouldn't follow up even after volume increases and this is incurring loss on me...
The comparison of ALTS to BTC is now inevitable because a little drop in BTC price beings a dip to these ALTS especially memes, but a price surge doesn't even trigger the move of these ALTS as compared to a price drop.
And right now, this is a great concern for me and I'm beginning to feel I have to restrategize my pattern cause I'm almost been liquidated on my trades currently....
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I've already sold meme tokens not for bitcoin but for some OG altcoins. There's just not enough time to play around these temporarily hyped up tokens. I think I'll stick to the top alts until the next halving ;D I guess I'm just confident that these coins won't go away as long as the King BTC is still around.
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I've done it before, but it's been a long time, selling my ETH and CTSI at that time in 2020-2021, taking profits, and then bought BTC. It's just that at that time, the market dropped and finally ended in a prolonged bearish as usual, and I still hold the BTC until now. Actually, at that time it was quite profitable when selling the altcoins, it's just that my expectations were too high to hope that BTC would rise to $ 100k at that time, and finally it all ended in a bearish.
but 1 thing is for sure, there are no regrets, because it is BTC, and whatever it is, it is still very worth it, you just have to be more patient, and if compared to the current BTC price, this is much better.
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dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
i already had some altcoins sold and put into bitcoin lol
the thing is wwe expect altcoins to do well now that bitcoin is doing well but since almost everyone is focused on bitcoin, altcoins are not focused at more they are not doing bad but they are also not doing exceptionally well the psychology of the investors usually will be to find another altcoin that could be their bitcoin or if bitcoin starts dipping then that is when altcoins will get some love
i am going to be honest though there is no altcoin i would rather hold than bitcoin
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I thought about exchanging my altcoin to btc, but not directly to the btc pair but exchanging it to stablecoin first because I think if I exchange it directly to btc I feel like I'm losing out, especially since the price of btc is currently high, I will exchange it to stablecoin first then to BTC, by buying btc if there is a decrease
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I thought about exchanging my altcoin to btc, but not directly to the btc pair but exchanging it to stablecoin first because I think if I exchange it directly to btc I feel like I'm losing out, especially since the price of btc is currently high, I will exchange it to stablecoin first then to BTC, by buying btc if there is a decrease
It would be viable to get more BTC itself only if you go long-term.
Otherwise - you would do right not to turn the funds straight up into BTC.
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I thought about exchanging my altcoin to btc, but not directly to the btc pair but exchanging it to stablecoin first because I think if I exchange it directly to btc I feel like I'm losing out, especially since the price of btc is currently high, I will exchange it to stablecoin first then to BTC, by buying btc if there is a decrease
I don't know understand the logic you are trying to explain, converting altcoin to Altcoins and then then to Bitcoin makes any sense, you will even be losing more as either fees or arbitrage but might not be too significant in my opinion. The exchange has a way they balance trade between altcoins and Bitcoin that you don't have any leverage.
If you swap your altcoin directly to Bitcoin, the value will be the same when you channel it from stable and then Bitcoin. Unless you want to patronize the exchange with fees and give back as a loyal customer, there is literally no difference in what you are doing if you use a tier 1 exchange.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
Yes, I did it in the past, I sold decent amount of ETH to buy BTC in 2018 or later which I am not regretting at all and from that phase I am heavy towards bitcoin. My temptation is opposite of what we discuss here, I often got the temptation to sell some BTC to invest on the upcoming alts after noticing the potential rewards but still I don't do that.
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dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
I've done that so many times, usually when I feel the bull run is coming, I dump coins or tokens that are not performing in my experience.
And I don't regret doing that, and I always prove that I'm right about dumping those tokens in exchange for Bitcoin; Bitcoin stability is unquestionable, and of course there are still altcoins worth keeping, like Ethereum.
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Altcoin season usually begins when bitcoin is stable or enters the union stage after a bull run. Investors then transferred their funds to alternative cryptocurrency from bitcoin so looking for a higher return. The flow of money increases the price of altcoins across the market. However, the current time is different for a few months, the price of bitcoin has been rising but in that case some of the old altcoins are now down. I have also deposited some altcoins for years and have not yet been sold. This year i saw several new altcoins tremors but i could not buy due to lack of funds.
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I've done that so many times, usually when I feel the bull run is coming, I dump coins or tokens that are not performing in my experience.
And I don't regret doing that, and I always prove that I'm right about dumping those tokens in exchange for Bitcoin; Bitcoin stability is unquestionable, and of course there are still altcoins worth keeping, like Ethereum.
SOL did even more during this cycle, imo.
But Bitcoin should be a top priority for everybody, due to what you said about it especially.
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I too am often tempted to sell all the altcoins and buy btc but it is not a good idea. We should never bet everything on one thing, you need to diversify your investments, even selling all our btc reserves is not a good idea.
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I too am often tempted to sell all the altcoins and buy btc but it is not a good idea. We should never bet everything on one thing, you need to diversify your investments, even selling all our btc reserves is not a good idea.
Depends on what point of time to do it.
For now, it's not a good idea, judging by the way BTC behaves, we would need to wait for it to give its dominance away and see the alt season, on which the alts would be handy to have, especially if you accumulated enough for much lower prices.
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Just because Bitcoin is skyrocketing heavily doesn't mean altcoin wouldn't do the same. Altcoin season is coming. When it does, those altcoins you thought were doing badly now, may skyrocket and give you potential profits.
That's what I think about the altcoins I am hodling currently. I would prefer to buy Bitcoin with the spare money I have rather than sell my altcoins I have a short term plan of selling them soon when I see 5x-10x profits in them
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I already have nearly everything in BTC, so i understand that this topic is directed to people who are holding a lot of altcoins. However, my recommendation is that it is never a bad idea to sell your altcoins for BTC. If you want something safe for the long term, you should convert your altcoin to BTC.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
This kind of situation will really be giving out that kind of hesitance and doubts on the actions that you are taking on which you've been really that thinking whether you do make up some conversion with your altcoins into bitcoin on which this isnt really that a bad option but of course you will be having those hesitation too because we do know that when it comes into this situation on which the potential of altcoin gains might really be that more on what altcoins could do and this is something that you will be that wanting more and this is the reason on why we do really make out that option or preferring out this kind of choice because we do know that we can make even more profits.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
Yes, i think this is the most pathetic situation on the crypto economy, bitcoin has always been a dominant coin, and worst still, drives the all altcoins frequently to "NEW LOWs" often. Obviously, i will say that the Bitcoin dominance could tempt holders to sell their altcoins to buy Bitcoin.
However, it takes patience to keep holding some altcoins, probably until altcoins season.
I think that the most appropriate time take profit on most altcoins out there may be during the altcoins season.
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Not really, but I wish I was tempted to sell my alts for BTC in prior bull markets as that would have helped me secure lots of profits, but the way things went — me keeping holding onto alts, profits disappeared as they came.
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I actually did that with part of my altcoins that I have purchased long time ago. It seemed that they were not my best purchases and I was (and still would be) in a loss with them. Selling them when Bitcoin was at $85k was my best decision, as Bitcoin price increase let me close my purchases with 0 instead of minus. For example I still had NEO purchased years ago at $60+. I used to have EOS that cost dollars, and now its value is less than a dollar. Selling altcoins for BTC was not a temptation for me, but a solution.
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Selling altcoins for BTC was not a temptation for me, but a solution.
Yeah, and it is the same for a lot of other people in the industry, especially those who are holding altcoins that have dumped and never to rise again, it is much better they cut their losses and put the funds into BTC that has value and utility, you are also sure that BTC is going to rise in the long term.
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I actually did that with part of my altcoins that I have purchased long time ago. It seemed that they were not my best purchases and I was (and still would be) in a loss with them. Selling them when Bitcoin was at $85k was my best decision, as Bitcoin price increase let me close my purchases with 0 instead of minus. For example I still had NEO purchased years ago at $60+. I used to have EOS that cost dollars, and now its value is less than a dollar. Selling altcoins for BTC was not a temptation for me, but a solution.
Making up decisions will really be that depending on you because there are altcoins on which are really that worth on holding on which this will really be that making up that kind of hard decision because just like on what everyone is really that saying that you are the ones will really be making up such decision because on the time that you've seeing that altcoin is much more better than with Bitcoin investment then you will be making up decisions basing up or in accordance into your preference because not all will really be that having on the same mindset when it comes to investment and this is why you should be that mindful when it comes into this approach on which you do seem that it will be beneficial for you.
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Selling altcoins for BTC was not a temptation for me, but a solution.
Yeah, and it is the same for a lot of other people in the industry, especially those who are holding altcoins that have dumped and never to rise again, it is much better they cut their losses and put the funds into BTC that has value and utility, you are also sure that BTC is going to rise in the long term.
It's either that, or the end of the alt season to wait for the next rally, either BTC one or alt one, it would still work out pretty well.
But surely, if the losses are too big to handle - then it's better to be dealt with.
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I actually did that with part of my altcoins that I have purchased long time ago. It seemed that they were not my best purchases and I was (and still would be) in a loss with them. Selling them when Bitcoin was at $85k was my best decision, as Bitcoin price increase let me close my purchases with 0 instead of minus. For example I still had NEO purchased years ago at $60+. I used to have EOS that cost dollars, and now its value is less than a dollar. Selling altcoins for BTC was not a temptation for me, but a solution.
Making up decisions will really be that depending on you because there are altcoins on which are really that worth on holding on which this will really be that making up that kind of hard decision because just like on what everyone is really that saying that you are the ones will really be making up such decision because on the time that you've seeing that altcoin is much more better than with Bitcoin investment then you will be making up decisions basing up or in accordance into your preference because not all will really be that having on the same mindset when it comes to investment and this is why you should be that mindful when it comes into this approach on which you do seem that it will be beneficial for you.
The more I look on the altcoins in my portfolio, the more I think why wouldnt I just stay with Bitcoin. I have never had great success in buying altcoin, holding it and selling with huge profit. I usually have patience to wait for 30-50% and sell. In the past, it was common for altcoin to give hundreds percent of profit for holders, now, if we look on a long distance, Bitcoin does all the same. Another example, been holding Ripple since 2018. Yes, I have sold it with a good profit, but I would gladly hold Bitcoin all that time. Not only because it showed also good price performance, but it turned to be less risky, less headache.
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I actually did that with part of my altcoins that I have purchased long time ago. It seemed that they were not my best purchases and I was (and still would be) in a loss with them. Selling them when Bitcoin was at $85k was my best decision, as Bitcoin price increase let me close my purchases with 0 instead of minus. For example I still had NEO purchased years ago at $60+. I used to have EOS that cost dollars, and now its value is less than a dollar. Selling altcoins for BTC was not a temptation for me, but a solution.
Making up decisions will really be that depending on you because there are altcoins on which are really that worth on holding on which this will really be that making up that kind of hard decision because just like on what everyone is really that saying that you are the ones will really be making up such decision because on the time that you've seeing that altcoin is much more better than with Bitcoin investment then you will be making up decisions basing up or in accordance into your preference because not all will really be that having on the same mindset when it comes to investment and this is why you should be that mindful when it comes into this approach on which you do seem that it will be beneficial for you.
Everyone has their own considerations to choose bitcoin or altcoin as their investment priority. I still choose bitcoin as my main coin and some top altcoins as alternatives. because we must have many opportunities to gain profit by having many coins that we hold. Altcoin can give higher profit than bitcoin, but bitcoin is still the safest coin to hold. I agree with this
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Yes, this was my experience last year when the Bitcoin pump began, I noticed the possibility of Bitcoin reaching $80k and I was positive towards Trump's election victory coupled with the fact that he has made promises to the Bitcoin community. I watched as Bitcoin touched $80k and retraced and I had some altcoins that were not doing well at that time and they had not added any good profit for my holding for a short time, that alone made me sell them out for Bitcoin and till this moment I never regretted my actions as it paid off.
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Everyone has their own considerations to choose bitcoin or altcoin as their investment priority. I still choose bitcoin as my main coin and some top altcoins as alternatives. because we must have many opportunities to gain profit by having many coins that we hold. Altcoin can give higher profit than bitcoin, but bitcoin is still the safest coin to hold. I agree with this
Do you know that most of the altcoin are created to make you lose your precious bitcoin?
Yes, you could be holding bitcoin today and when a coin is launched such as altcoin that you may find so much potential in it, you wouldn't mind selling off some of your stashed bitcoin for the quick gain of that altcoin and if you aren't smart enough you would lose entirely the money you use in making investment of that coin. This is the reason why I do not quickly rushed to other altcoin as people may do, because only established coin are more better than newly launched coins.
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Yes, this was my experience last year when the Bitcoin pump began, I noticed the possibility of Bitcoin reaching $80k and I was positive towards Trump's election victory coupled with the fact that he has made promises to the Bitcoin community. I watched as Bitcoin touched $80k and retraced and I had some altcoins that were not doing well at that time and they had not added any good profit for my holding for a short time, that alone made me sell them out for Bitcoin and till this moment I never regretted my actions as it paid off.
As of this point while BTC has been on the range price close to its ATH, is it too late to move to BTC selling all altcoins of a person or still a good decision to do it?
It actually feels like I'm going to waste the time I have kept holding these tokens. All for nothing. But then If its true that this bull run is only for BTC, I would also be missing the opportunity. What sort of wisdom should I listen while having this thoughts?
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Yes, this was my experience last year when the Bitcoin pump began, I noticed the possibility of Bitcoin reaching $80k and I was positive towards Trump's election victory coupled with the fact that he has made promises to the Bitcoin community. I watched as Bitcoin touched $80k and retraced and I had some altcoins that were not doing well at that time and they had not added any good profit for my holding for a short time, that alone made me sell them out for Bitcoin and till this moment I never regretted my actions as it paid off.
Now we are at $106k mark.
Glorious. And you did well.
8)
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
By investing in hyped coins it is possible to make a good profit in a short period of time, but they are for a limited period of time, a long-term investment like investing in Bitcoin cannot be made there, and those who invest in it for a long time, even if they make a profit at one time, face a huge loss later. so you can invest in hyped coins for short term but invest in bitcoin or some potential coins for long term investment. But of course they should not be in memecoin, shitcoins
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Yes, this was my experience last year when the Bitcoin pump began, I noticed the possibility of Bitcoin reaching $80k and I was positive towards Trump's election victory coupled with the fact that he has made promises to the Bitcoin community. I watched as Bitcoin touched $80k and retraced and I had some altcoins that were not doing well at that time and they had not added any good profit for my holding for a short time, that alone made me sell them out for Bitcoin and till this moment I never regretted my actions as it paid off.
As of this point while BTC has been on the range price close to its ATH, is it too late to move to BTC selling all altcoins of a person or still a good decision to do it?
It actually feels like I'm going to waste the time I have kept holding these tokens. All for nothing. But then If its true that this bull run is only for BTC, I would also be missing the opportunity. What sort of wisdom should I listen while having this thoughts?
Considering the altcoins I held in the past, I think I could have made a lot more profit today if I had invested those coins in Bitcoin. I have realized for myself how much I have lost by holding altcoins. In the long run, we all know that altcoins become worthless if they are not top-level altcoins. Moreover, the massive growth of altcoins every year also creates a major obstacle to the increase in the price of these coins. That is why investing in Bitcoin is a relatively safe investment.
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Yes, this was my experience last year when the Bitcoin pump began, I noticed the possibility of Bitcoin reaching $80k and I was positive towards Trump's election victory coupled with the fact that he has made promises to the Bitcoin community. I watched as Bitcoin touched $80k and retraced and I had some altcoins that were not doing well at that time and they had not added any good profit for my holding for a short time, that alone made me sell them out for Bitcoin and till this moment I never regretted my actions as it paid off.
As of this point while BTC has been on the range price close to its ATH, is it too late to move to BTC selling all altcoins of a person or still a good decision to do it?
It actually feels like I'm going to waste the time I have kept holding these tokens. All for nothing. But then If its true that this bull run is only for BTC, I would also be missing the opportunity. What sort of wisdom should I listen while having this thoughts?
Considering the altcoins I held in the past, I think I could have made a lot more profit today if I had invested those coins in Bitcoin. I have realized for myself how much I have lost by holding altcoins. In the long run, we all know that altcoins become worthless if they are not top-level altcoins. Moreover, the massive growth of altcoins every year also creates a major obstacle to the increase in the price of these coins. That is why investing in Bitcoin is a relatively safe investment.
I had some altcoins then and I have been holding them for quite some time without any move or added value so when it was trumps election, I saw how things were going and the market reaction, and it made me more positive about the situation after seeing the price get to $80k and retraced back. I quickly had to sell off the majority of the alt I was holding which had no profit for some time buying bitcoin and after I did that, the price of bitcoin pumped up to a new all time high that was how I got more profit from the alts I sold.
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As a matter of fact, I have done that more than once. I will achieve profit in the short and long term, Kucoin offers me the possibility of staking and earning, the main thing is buying and selling. I believe in a very good result of that.
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As a matter of fact, I have done that more than once. I will achieve profit in the short and long term, Kucoin offers me the possibility of staking and earning, the main thing is buying and selling. I believe in a very good result of that.
once you have profited from the altcoins you sold for BTC, would you buy back your altcoins in order to profit also when altcoin season come?
just another question since we have sold our altcoins and i'm thinking when altcoin season come and BTC will be stagnant for awhile, we may feel the opposite after that happens. will we be seeing ourselves again in such dilemma where buying altcoins will be the next move?
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As a matter of fact, I have done that more than once. I will achieve profit in the short and long term, Kucoin offers me the possibility of staking and earning, the main thing is buying and selling. I believe in a very good result of that.
once you have profited from the altcoins you sold for BTC, would you buy back your altcoins in order to profit also when altcoin season come?
just another question since we have sold our altcoins and i'm thinking when altcoin season come and BTC will be stagnant for awhile, we may feel the opposite after that happens. will we be seeing ourselves again in such dilemma where buying altcoins will be the next move?
It is just a business world and people would prefer making a profit if the opportunity avails itself. I believe a sharp trader would immediately sell off to get in and take a profit because of the market situation and also they would do the same if bitcoin is up. Everyone's motive is to take profit from the system and when it surfaces, they do that immediately because they would still buy bitcoin back with the profit gotten from the altcoin sales since the bitcoin market is stagnant at that period.
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It is totally no problem if you sold your shitcoins for Bitcoin. There are many altcoins which have no good progress, they are surely better to sell than keep holding them for a longer time. Few years ago, I honestly regreted that I didn't sell some of my shitcoins faster, now they become dead coins already. If I sold the random altcoins at that time, and keep the top altcoins only. I've the funds to buy more Bitcoin. However, this is a good lesson, never trust on random altcoins! Just keep holding those top altcoins only...
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It is totally no problem if you sold your shitcoins for Bitcoin. There are many altcoins which have no good progress, they are surely better to sell than keep holding them for a longer time. Few years ago, I honestly regreted that I didn't sell some of my shitcoins faster, now they become dead coins already. If I sold the random altcoins at that time, and keep the top altcoins only. I've the funds to buy more Bitcoin. However, this is a good lesson, never trust on random altcoins! Just keep holding those top altcoins only...
Specially this cycle, we haven't seen any altcoins that really goes up and hit their new all time high. As compare to Bitcoin wherein we not only topple six digits, but we reaches as high as $110k already.
So it's only logical if others have sold their altcoins->bitcoin and they could be in profits already.
But if they haven't though, still have chance for them to make that right decision.
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Specially this cycle, we haven't seen any altcoins that really goes up and hit their new all time high. As compare to Bitcoin wherein we not only topple six digits, but we reaches as high as $110k already.
There are some altcoins which have reached their new ATH. BNB, SOL, SUI, TON, and PEPE are some of the examples. But there are still many altcoins which haven't reached their ATH. Well, Bitcoin has reached its ATH several times. According to CMC, the latest ATH was around $109,114. It doesn't reach $110k yet, but people believe it must cross $110k in the near future.
So it's only logical if others have sold their altcoins->bitcoin and they could be in profits already.
But if they haven't though, still have chance for them to make that right decision.
If you look at the current condition on crypto market, it doesn't really make sense to sell even the altcoins. The prices of crypto coins are declining a lot, selling now will get big losses. The right decision for now is to wait for the next pump. At least, we don't need to sell for losses.
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It is totally no problem if you sold your shitcoins for Bitcoin. There are many altcoins which have no good progress, they are surely better to sell than keep holding them for a longer time. Few years ago, I honestly regreted that I didn't sell some of my shitcoins faster, now they become dead coins already. If I sold the random altcoins at that time, and keep the top altcoins only. I've the funds to buy more Bitcoin. However, this is a good lesson, never trust on random altcoins! Just keep holding those top altcoins only...
Specially this cycle, we haven't seen any altcoins that really goes up and hit their new all time high. As compare to Bitcoin wherein we not only topple six digits, but we reaches as high as $110k already.
So it's only logical if others have sold their altcoins->bitcoin and they could be in profits already.
But if they haven't though, still have chance for them to make that right decision.
Indeed, not all altcoins have reached their ATH this year, but there are some altcoins that have reached their ATH, Solana.
for those who have sold their coins, maybe because their targets have been achieved while those who have not sold their ATH are likely waiting for ATH this year.
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It is totally no problem if you sold your shitcoins for Bitcoin. There are many altcoins which have no good progress, they are surely better to sell than keep holding them for a longer time. Few years ago, I honestly regreted that I didn't sell some of my shitcoins faster, now they become dead coins already. If I sold the random altcoins at that time, and keep the top altcoins only. I've the funds to buy more Bitcoin. However, this is a good lesson, never trust on random altcoins! Just keep holding those top altcoins only...
Specially this cycle, we haven't seen any altcoins that really goes up and hit their new all time high. As compare to Bitcoin wherein we not only topple six digits, but we reaches as high as $110k already.
So it's only logical if others have sold their altcoins->bitcoin and they could be in profits already.
But if they haven't though, still have chance for them to make that right decision.
Indeed, not all altcoins have reached their ATH this year, but there are some altcoins that have reached their ATH, Solana.
for those who have sold their coins, maybe because their targets have been achieved while those who have not sold their ATH are likely waiting for ATH this year.
It should not be questioned that every investment decision is certainly based on previously prepared goals and strategies. This is due to few of us attaining the desired goal, hence exiting from it by selling and the others who are still hoping for a bigger opportunity to reap huge profits. Of course, mobile development of the provided crypto assets is fascinating every time a token rises to the peak. Those who are still holding the hope to is certain to see the positive continuations of the trend while those who have sold must have done so in accordance to the laid down plan. The most important concept to uphold in the decision making processes is equilibrium in order to ensure that the investments are ongoing and as planned.
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I did but that needs to be thought of for so many times. I did it a couple of times and didn't do good for me, so instead of making some money, I've lose more. if you want to have more BTC, use some of those money that's spare to you or just decide if you are okay releasing those altcoins and you'll never look for them again whatever happens. So, to see with it, all you have t do is to think whether it will be a good decision and whatever happens, you'll be fine with that decision.
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
You held onto your alts for 2 years, that's huge timeframe, as I invested in alts few months ago and if I were you, I would never be invested in alts instead I would be investing in BTC only just to be on the safer place. As I could have made 3x easily if I would have entered 2 years ago CMIIW.
I also think the wait for alts to pump is not frustrating me, and testing my patience, as I also saw my portfolio just yesterday and I am not in rest with it, as I am in huge lose due to many alts. Still, I don't want to sell my alts now, because I am in lose, and selling now would make me a big dump dude, I should wait for the market recovery which I think is expected but we should be prepare for another situation if it won't then I think I will exit the market with the money I had now, and won't even invest in BTC at the current price too.
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Bitcoin has always had the upper hand over altcoins and with the recent price of Bitcoin every one dream is to own Bitcoin and the temptation of selling what ever altcoins that you hold to invest in Bitcoin is there because Bitcoin has a fast growth rate and now that the current price of Bitcoin is fluctuating around $97k to $100k it's advisable that you sell all of what ever that you own in altcoins and invest it into Bitcoin as it has a fast retur on investment due to it fast growth over time while altcoins don't have that quality
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because it looks like all the money is jist going to BTC already. i sold some ofnthe tokens i hold for around 2 years for BTC but still have a few of those hyped coins that i tried investing.
decision came when i saw price dips to 99k recently and then when BTC goes up again to 106k the altcoins did nothing still.
dont you think the wait is already too long when its price should alsl go high when BTC also go up. ever tempted to sell them all to make more profit?
One thing you should know is that bitcoin will always be the most valuable digital currency of all the cryptocurrencies in the market, however, we must also understand that bitcoin should also constitute the higher percentage of our portfolio in crypto, then we can have on others as another plan differently, but in your own case on this, have you went to check from the recent fall of bitcoin the way other altcoins would have fallen after the fall of bitcoin, maybe having bitcoin is even a rescue for you not to have regretted on them all.
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One thing you should know is that bitcoin will always be the most valuable digital currency of all the cryptocurrencies in the market, however, we must also understand that bitcoin should also constitute the higher percentage of our portfolio in crypto, then we can have on others as another plan differently, but in your own case on this, have you went to check from the recent fall of bitcoin the way other altcoins would have fallen after the fall of bitcoin, maybe having bitcoin is even a rescue for you not to have regretted on them all.
It is no longer in doubt, Bitcoin is the best cryptocurrency, no debate. It's just a matter of how we maximize this potential to gain huge profits. In any case, each person may have their own strategy.
There are those who sell altcoins to buy BTC, and after taking profits in BTC because BTC has reached ATH, then transfer some to certain altcoins, then for the short term only take profits in the altcoins.
but of course all of this has its own risks. there are also those who only focus on BTC, and this is also very worth it. so whatever it is, if it suits us and brings profit, just do it.
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One thing you should know is that bitcoin will always be the most valuable digital currency of all the cryptocurrencies in the market, however, we must also understand that bitcoin should also constitute the higher percentage of our portfolio in crypto, then we can have on others as another plan differently, but in your own case on this, have you went to check from the recent fall of bitcoin the way other altcoins would have fallen after the fall of bitcoin, maybe having bitcoin is even a rescue for you not to have regretted on them all.
It is no longer in doubt, Bitcoin is the best cryptocurrency, no debate. It's just a matter of how we maximize this potential to gain huge profits. In any case, each person may have their own strategy.
There are those who sell altcoins to buy BTC, and after taking profits in BTC because BTC has reached ATH, then transfer some to certain altcoins, then for the short term only take profits in the altcoins.
but of course all of this has its own risks. there are also those who only focus on BTC, and this is also very worth it. so whatever it is, if it suits us and brings profit, just do it.
The risk is when the altcoin you sold burst its price after it. I blamed my bad decision when I sold my XRP and in just few months the price went almost $4. I should have investigated the team's plan before selling.
The frustrating part of holding altcoin is that it can take too long before we see result while with BTC, you can just keep trading while the price is just moving up and down. Accepting the risk of losing in trading makes me think its worth doing than losing money while holding.
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My major holding are on Bitcoin, so the little altcoins I have in possession will remain there and I'll buy more altcoins that has good potentials. On the market rise and drops, I sell off some fractions of my Bitcoin to stable USDT when the price gets to some highs, and when the price gets to some lows, I buy.
As Bitcoin has it's tremendous value, altcoins also have their values in most cases.
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I have been, but with the recent trends, I would like to trade it more actively. It's more about the part where you would be better off buying altcoins instead of BTC, and then once you do that, just build a BTC portfolio with the profit you earned. I think it could come from the profits or just allot a percentage of your holdings.
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I have been, but with the recent trends, I would like to trade it more actively. It's more about the part where you would be better off buying altcoins instead of BTC, and then once you do that, just build a BTC portfolio with the profit you earned. I think it could come from the profits or just allot a percentage of your holdings.
Yeah, but I do think for now, it's a good time to buy more alts. And once BTC would fall off eventually, - buy lots of said BTC to hodl for the next cycle.