Post
Topic
Board Economics
Re: Do you approve this strategy: sell alts buy btc?
by
DjTremor
on 31/05/2018, 13:38:48 UTC
I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
that is not a good idea.
it is better if you use Ethereum . because Ethereum has a good chance that it will pump like last year .
and Ethereum is better than bitcoin.
i did that thing i sell my Alts then convert them top bitcoin. i just did that because bitcoin is i only know how to convert it into a fiat cash. .
but now i know now how to convert Ethereum to be cash out into a fiat cash

This depends on the market trend. Without seeing the trend, you cannot decide if you should sell alts to turn back to bitcoin. Sometimes you should sell bitcoins to turn back to alts. This is a reality.