Post
Topic
Board Speculation (Altcoins)
Re: Portfolio update , your thought please
by
Silberman
on 29/11/2019, 17:04:11 UTC
Portfolio update. Your thought is really important for me

Get some bitcoin. An alt surge is unlikely at the moment. Honestly stablecoins are probably the best when the market is like this, but I would say get some BTC in your portfolio. It still has huge room for price growth. Don't just go hunting around for undiscovered gems - the vast majority of them will remain undiscovered and won't be gems. There is enough risk in crypto without going all-in on alts. Get some bitcoin.
This is really good advice, investors are always looking for the next bitcoin or the next ethereum not realizing that such projects are very rare and do not appear too frequently, the rest of the coins are only going to grow in very specific circumstances, like an altcoin season, but as you say that is not really likely even if the price of bitcoin has been recovering during the last days its value is still very low compared to its price a few months ago and it doesn't seem likely that we will reach those prices again soon.