As a bitcoin holder, how are you going to deal with the following days regarding the ETF? Looks like the price may tank. Im considering selling some in Poloniex using the USDT, wait a couple of days and rebuy back, i've seen a lot of people wanting to do this, this leads me to believe we may see a serious dip and I don't want to be the idiot watching the price tank, at least if I can profit from it I will feel better, since im sure it will recover im not worried long term but I need to make more BTC and this seems like a good opportunity. I doubt price will go any higher than $1200 before dump party begins.
Of course there is the possibility of ETF passing and the market going nuts about it and we may see $1300+... but odds are against that.
If I had a verified account on Poloniex so I could trade to fiat, I would probably consider selling 20% as a hedge at some price north of $1250. I would not buy into altcoins because when Bitcoin's price declines,
more money moves from altcoins into Bitcoins to take advantage of the dip opportunity. So altcoins decline more on a percentage basis than Bitcoin. The time to buy altcoins is as Bitcoin starts to rise significantly, then altcoins go bonkers, but sell the altcoins before Bitcoin peaks. Note sentiment about the ETF event
is perfectly balanced.