Bitcoin crosses 64% dominance on cmc
The relentless Agony of the Alts...
What hurts me more is the BTC count going down in Blockfolio app, even with a basket of coins being 96% BTC.
But then i see the usd total value, and i smile again..
I kept a bit more than 4% alts, since I managed (way back) to trade the majority of them into profit, meaning the ones I've kept are at zero cost.
Last bull run, I didn't sell my BTC, I sold alts for BTC and cashed out some $ that way. So, it didn't particularly worry me to keep them and wait for the next 'alt season' this time around.
Yes, they
have increased in $ terms, but I still feel I lost out by not flipping 'em over to BTC when I should have, of course.
Rationally, they have still made more money than I could have made on anything else outside of crypto. So I know I really cannot complain. But irrationally - knowing how much more it 'could have been' makes it a strangely annoying place to be in.
I guess it's proof of
loss aversion theory; we all fear losing money more than we enjoy making it.