Post
Topic
Board Economics
Re: Do you approve this strategy: sell alts buy btc?
by
nightways
on 01/06/2018, 10:27:13 UTC
on the off chance that we investigate the market in the ongoing days, I dont figure this would be a smart thought, however the bitcoin costs are going down now, alternate alts are even goes further, in regards to the costs, it is imprudent to offer our alts and purchase BTC, as the hole was too huge I think.on't feel that to offer altcoin will give us much bitcoin particularly if the altcoin cost is down like today on the grounds that the measure of bitcoin that we can get is decreased. possibly it's smarter to hold the altcoin that we have until the altcoin cost has returned to increment again so on the off chance that we offer the altcoin, we can get much bitcoin and we can sit tight for bitcoin cost has returned to increment to offer the bitcoin.
This strategy is very good as Bitcoin is the most valuable coin and we know that anything having long term trusted store we should invest in that and we further know that Bitcoin has long term trusted store of value more that other currencies so investment here is very good. You should sellout your Altcoin but in a high market so that your investment work out.