Post
Topic
Board Speculation (Altcoins)
Re: here comes the alts days?
by
Mahanton
on 09/06/2020, 14:50:47 UTC
halving expectation is there, and btc price may keep in a rational range for a time before it explodes.
so maybe it is good time to buy alts to get more btc now?

If you want to earn more btc  better to trade bitcoin not Altcoins , the price of Altcoin is much more volatile compare to btc, normal thing that always happen if bitcoin price increase altcoin price decrease and you will lose in bitcoin value its always happen every time bitcoin move higher.

Buying altcoin is not a way to increase your bitcoin holdings.
it can happen but the increase in the price of bitcoin is not always followed by all the decreases in altcoin, although some altcoins decrease when bitcoin increases, in my opinion for example we want to buy altcoin at this time to add Bitcoin and it can happen, because for me in buying altcoin it doesn't make bitcoin as a benchmark of the decrease in altcoin that we buy will decrease because of the price increase on bitcoin.

It doesnt correlate from time to time thats why calculations should really be done and consider out neither you do profit in terms of btc amount or in usd terms.
For now i dont have still much consideration on putting up some funds on alts and now im focused on accumulating btc since we know that there might be
some bull run neither this year or on next. Its still cheap btw and it isnt bad to diversify though yet not all people would have the same mindset
when it comes to investment matters.