Post
Topic
Board Altcoin Discussion
Re: Selling BTC for Alt Coins?
by
Kristiyana
on 27/03/2024, 10:35:10 UTC
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
Bitcoin is the best place to invest. If you have made up your mind, it is better not to sell all your Bitcoins. You can sell max 50% of your assets for top Altcoins such as ETH, BNB and Solana. You can also search for other best Alts on Coinmarkercap or Coingecko. Something you should know is that investing in Altcoins have more risky then on Bitcoin. You have to be a good analyst to find profitable coins. The crypto market is very volatile and you should do your own analysis so that you are confident in your investment. Otherwise, sticking to Bitcoin is the best choice.

Well I think that's not the right decision to make, although I guess you must have a reason for doing that. but I will advice you hold on to it you can't predict the future, who knows if bitcoin will do 5× in the nearest future, reason been that bitcoin still have the potential to increase in the value. however bitcoin is the father of all cryptocurrency so I think selling it to invest in most of this altcoin is not ideal,I will advice you hold on to it for Long term and see what the future will bring.