Post
Topic
Board Altcoin Discussion
Re: DONT MARRY YOUR ALTCOIN BAGS
by
Divinespark
on 22/06/2020, 09:26:07 UTC
altcoins are great for flipping for more btc but dont every marry a coin. When btc goes on a run past all time highs you dont want to be bagholding ALTS. You will watch them get crushed. I personally was bagholding alts from 4k-20K and they got demolished I even had friends saying man you must be doing well with those bitcoins you have Cheesy In the end alts went nuts and I did well but If I would have waited till BTC topped out I would have made more. So moral of the story there is dont marry a coin/project they and watch your btc shrink get in and get out after you make decent profits. Sure sometimes you can buy an alt an maybe 10x-100x on it bagholding, but there is 1000s of coins out there that wont make those type of gains. Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be

You should always have more than 60% of your portfolio in BTC, 30% in stable altcoins or at least in the top 50 and then only bet a 10% in altcoins which could have an excellent profit compared to risk
Why use 30% for stablecoins? That amount will certainly never change and you will never get profit from stablecoins investing. It is better to use 60% for BTC and the remaining 40% to buy the top altcoions in this market to maximize profits.