Do i sell my altcoins because Bitcoin is going up?
Again depending on your aims i would say, unless you have the time to check, a better long term would be ( 2-5days)do not sell..hold and if you have bitcoins buy more altcoins that you are invested in. When the profits are cashed in from bitcoin most of the time the money will flow back down into the altcoins because when you sell bitcoin into USD you pay tax on the profits.
Good buys-
ReddCoin (RDD)
$0.003207 (-0.47%) ( best buy )
GoldCoin (GLD)
$0.112174 (11.94%)
Steem Steem (STEEM)
$2.74 (61.52%)
Augur (REP)
$32.25 (10.48%)
BitBay BitBay (BAY)
$0.035024 (48.06%) ( best buy )
I haven't seen bitcoin growing much in percent, compare to, for instance Siacoin... I don't know about your alcoins, however, I think you might be happier if you support the project you like and you want it to grow.
Keep your bitbay & steem.
Bitbay is finally getting some of the attention is deserves. Matter of time until its in the 0.35-0.50 range.
Bitbay is the way its amazing under valued - considering it has working functionality
A VISA card - Steem it and Bbay are the clear best investments at the moment.
The only thing i can see wrong with Bitpay is their crappy website
Also keep in mind that when the price of Bitcoin rises and you see the alt coins price falling it is only because it now takes less bitcoin to buy the alt coin at the same price USD. If you have the Bitcoin I say definitely grab some more alts when the price rises and when Bitcoin is down trade your alts for Bitcoin. That's my strategy.
Spot on! Cheers for the reinforcement and further explanation.
Happy trading
Do your maths, if it is worth it then sell them, but be sure to keep your Steems!
Like i said depends on your aims and if you have the time... my main point is ... if you have a job and family and kids you cant make it online all the time ..do not worry about the red.. it'll be up again :)
Very understandable too
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