Post
Topic
Board Economics
Re: Do you approve this strategy: sell alts buy btc?
by
expless
on 30/05/2018, 05:29:27 UTC
I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
I think it’s right. Bigger profits comes from investing only on Bitcoin than investing on several altcoins at a time, and that’s based on my own experience. The price of Bitcoin fluctuates heavily than every other cryptocurrencies in the market and let’s assume that you invested $60,000 right now, you will make bigger profit from it than when you invested the $60,000 in altcoins. But I’m not saying that this happens all the time, but it is most likely to happen.