I have been hodl'ing one BTC in a cold wallet. Plan was to keep this indefinitely as longterm investment. I have some BNB (Binance coin) and have great faith in the coin. Considering to sell my BTC to pick up more BNB. Theory:
As I write this:
BTC at $6680 USD
BNB at $13.40 USD
If I hold BTC and it goes up to the prior high of $19,500 USD, then I have $12,820 USD.
If I sell BTC for 500 BNB and it goes up to the prior high of $24.66 USD then I have $12,330 USD.
But, say BNB exceeds the high (Which I feel is very possible because they are the best exchange out there and keep doing new things) and hits $50 USD a coin (Or more), I am at $25,000 USD. I know Bitcoin can also exceed the prior high, but I feel if it happens it will be later (Maybe 2019, 2020?).
What do you all think?