Post
Topic
Board Altcoin Discussion
Re: Selling for a loss to buy cheaper crypto?
by
Shenzou
on 01/04/2018, 16:22:46 UTC
Everyone recommends hodling but what do you think about selling cryptos at a loss to buy other cryptos for cheap? You might be able to profit from a more volatile altcoin, especially with all the big coins going down for some time now.

But then again, it might be a little late for that, what do you think?
I don't think it is a good idea because high value coins that you have already invested in when their price was up, are more likley to start climbing up again than the other small ones that are cheaper, take bitcoin for example even if it is down at the moment when it goes up it goes up by 100 $ or 400$ a day but the other ones it might take them days, weeks or even years to change to 1$.