Post
Topic
Board Speculation (Altcoins)
Re: It’s taking a lot of discipline not to sell my alts for Bitcoin.
by
HELLOFF
on 28/07/2019, 13:32:58 UTC
I’m 80% bitcoin, 20% alts. Most of those 20% alts were bought with bitcoin when I “thought” the Satoshi level was low. Little did I know it would go A LOT lower. That 20% is Litecoin, Ethereum, Cardano and Ripple.

Since I’ve seen their Satoshi prices cut in half...every day I think I should cut my losses.

But then I look at the charts and, especially Cardano, I’m not sure how much lower it can go. Then again...who knows. It could go much further down from here.
Lol. You are selling all of your altcoins for bitcoin? That will be a disastrous for you when alts become the 2019 bull run. If ever all of alts will increase by hundred times, you will regret that you sell them. That is not discipline for me, that is a excitement to buy bitcoin. I have my own set-up in buying cryptocurrencies, yes I also prioritize bitcoin. But I only reserve 50% of my portfolio to it. I better to look upon other cryptocurrencies which I suspect that will move up simultaneously as bitcoin
I think that you should not get so excited and sell altcoins for Bitcoin.  First of all, you should make an analysis of each coin and study the issue of its future prospects.  You may even need to look at reviews from other users, if you have some doubts about personal conclusions.  But you can’t leave only Bitcoin in your portfolio, because the quality of the result depends on the diversity of your portfolio.