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Author Topic: ever been tempted to sell all your altcoins for BTC?  (Read 2325 times)

Offline libert19

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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #30 on: January 29, 2025, 08:15:40 AM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #30 on: January 29, 2025, 08:15:40 AM »

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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #31 on: January 29, 2025, 09:49:57 AM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #31 on: January 29, 2025, 09:49:57 AM »

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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #32 on: January 30, 2025, 07:42:32 AM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #33 on: January 30, 2025, 09:31:06 AM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #34 on: January 30, 2025, 12:44:33 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #35 on: January 30, 2025, 01:49:43 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #36 on: January 30, 2025, 02:17:46 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #36 on: January 30, 2025, 02:17:46 PM »


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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #37 on: January 30, 2025, 03:03:00 PM »
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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Offline SmartGold01

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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #38 on: January 30, 2025, 03:15:20 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #39 on: January 30, 2025, 03:23:34 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #40 on: January 30, 2025, 04:01:43 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #41 on: January 30, 2025, 05:36:09 PM »

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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Offline Rubel007

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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #42 on: January 30, 2025, 06:47:45 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #43 on: January 31, 2025, 05:36:43 PM »
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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Re: ever been tempted to sell all your altcoins for BTC?
« Reply #44 on: January 31, 2025, 07:38:40 PM »
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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