Right now I am out of alts completely. Alts have bottomed out and I can't see any sign of recovery. Situation has been same for months now. Since Bitcoin made a jump in April this year, Alts started going down. Since then, they are only in bearish cycle. Also, the volume is coming to Bitcoin only. Plus Bitcoin is showing volatility in a positive direction. Right now altcoins don't make any sense.
No. the altcoins are no longer profitable so why buy them anyway?
I know some people are buying altcoins right now because they are very cheap but not me.
Bitcoin is currently more profitable so why buy altcoins? I chose to buy bitcoin since it is doing well more than the altcoins.