Post
Topic
Board Altcoin Discussion
Re: Do you keep all your bounty coins or you convert some to ETH and BTC?
by
jamids
on 31/07/2018, 02:25:09 UTC
Coins like BTC and ETH have proven beyond reasonable doubts that they are the best and more safer coins to invest. My little advice is that, whenever you get your altcoins, it would be better to convert at least one third to either BTC or ETH to serve as some form of insurance to your tokens in case it fails to survive. I used to keep all my altcoins and now that the market is red it has badly affected my investment. And mind you, those new altcoins are not like BTC and ETH, they can get zero volume anytime so they are not reliable. Is there any other person with a different view or everybody agrees with me?

I do agree with you. New coins has the possibility of having zero volume and might even have the possibility of being delisted in exchanges so it is better if you have some kind of assurance that you were able to get something from it. You can even take advantage of trading the coin you sold and then buy back later when it is cheaper and then selling it again when you have profits so that you can increase your holdings. If you are just holding then better sold half of it as this is my own strategy.