Quote from: MadeinCoin on June 27, 2019, 01:06:47 PM

Quote from: Cnut237 on May 13, 2019, 02:53:05 PM

Quote from: cristiwn on May 07, 2019, 01:01:13 PM

I've been accumulating btc ever since the huge dump in December, now I'm switching to alt-coins. I strongly believe that alt-coins will experience a mini bull run vs btc in the following months.

I believe this as well, however I don't think the time to switch to alts is just yet. BTC is still rising fast, and whilst some alts are also rising, they are not all rising as fast as BTC. So I would say BTC remains the safer bet for the short-term, and then once it starts to slow down it would be the time to move to alts... but that might just be me being a bit risk-averse

That's right, BTC is a safe asset now because the crypto market conditions are fluctuating heavily. If you hold the current altcoin and bitcoin down then the altcoin will experience a bigger decline than bitcoin. So I now choose to hold bitcoin and wait for the price of bitcoin to stabilize and then buy an altcoin. Because it's useless to hold altcoins now, the price won't experience a big increase when bitcoin rises.

Because you will be in the competition with another trader to liquidate your altcoin to the bitcoin as soon as possible while that coin doesn't have a big volume to prevent it.
We will not see any bull trend for altcoin until bitcoin will have stabilized and the volatility gets decreased.