Post
Topic
Board Speculation (Altcoins)
Re: It’s taking a lot of discipline not to sell my alts for Bitcoin.
by
tenakha
on 24/07/2019, 23:54:05 UTC
I’m 80% bitcoin, 20% alts. Most of those 20% alts were bought with bitcoin when I “thought” the Satoshi level was low. Little did I know it would go A LOT lower. That 20% is Litecoin, Ethereum, Cardano and Ripple.

Since I’ve seen their Satoshi prices cut in half...every day I think I should cut my losses.

But then I look at the charts and, especially Cardano, I’m not sure how much lower it can go. Then again...who knows. It could go much further down from here.
The number 1 rule is holding as much as Bitcoin and that's why I trade my altcoins for Bitcoin. Altcoins will not let the Bitcoin to leave the $10000 without the big whipsaw on the charts and it is impossible to see a Bitcoin dominance level over 90% in my opinion. Keep that in mind: Stacking BTC is the first intention in this market.