Post
Topic
Board Trading Discussion
Re: If you have to sell bitcoin to an alt, so...
by
EdenHazard
on 29/10/2019, 10:53:41 UTC
~snipped~

My BTC will only be limited to BTC/USD pair.

For altcoins, sh*t or not, I do have separate funds for that only limited to altcoin trading. This is to ensure that my strategy will not be affected by some of the given circumstances on either BTC or alts.

In terms of choosing altcoins, no doubt the technology behind it isn't really the main reason why people preferred this or that to trade. Volume-wise and popularity are the main criteria*. I do have my own list on my portfolio but decided not to share with it as lurkers might be confused about what to choose especially, newbies. They will think that just because those coins give profit to others, they will expect to have the same result.
I would say to sell bitcoin (in term of trading not for long term investment) for an alts is conditionally , I mean when bitcoin market seems so stagnant and you found it interesting to compare the price between the bitcoin and an alt where certain alt isn't move in the bullish period... I see this as opportunity as when any others alts has moved up but that one altcoin is not yet ... that time I decided to sell my bitcoin up to half of it and start buying those altcoin I targeted before.

That's how my bankroll management works, that's how I build my portfolio. You shouldn't leak the whole portfolio you have , just share some tricks how you do buying those alts.