Post
Topic
Board Speculation (Altcoins)
Re: Selling tokens/low market cap coins for Bitcoin?
by
puremage111
on 04/05/2019, 09:30:12 UTC
Hello,
 didn't you ask yourself if it is not better to sell all of your low market cappitalization coins (mostly earned in bounty campaigns) and buy more Bitcoins?
Because I do not see any price progress in these altcoins,  like in 2017 bull market when all of these tokens were highly valuable and could make 1000% anytime.
Now most of them seems like dead. And I am asking myself: Now, it is the best time to sell them all and get atleast some Bitcoins?
Imagine that you sell all of your tokens for 1000$ and buy Bitcoin that costs now 5000$.
Imagine that you didn't sell and all of your tokens will still have same value, but Bitcoin will reach new ATH price.




Well, on some potential altcoins, it shall worth the risk vs reward
Bitcoin has a capped price increment. ($5,000 to $20,000 is 4x)

But for minor altcoins/low marketcap coins ($0.01 > $0.05 is 5x and it is easier to do that compare to Bitcoin) - Not because of it's price, but its marketcap