I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me its way to early to be selling your altcoins. Its like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
as long as it's profitable for them by selling altcoins and buying it into bitcoin in my opinion it's one of the strategies to make a profit. other than that maybe people don't believe in the altcoin they hold so they move to bitcoin or withdraw to FIAT. so anything can happen i think.