Post
Topic
Board Trading Discussion
Re: Do not trade Alts with BTC these days, You will just lose
by
sambuddha
on 05/11/2020, 22:01:52 UTC
too high-risk trading Alts with BTC at this bullish time...
I agree with your suggestion that only recommend trading BTC/USD at the moment, as the Alts price moved late. I am currently monitoring market movements and I noticed that Altcoins is not moving fast at all following the Bitcoin price movement.
Now the bitcoin dominance index is near a strong resistance line. Altcoins may start to rise soon. There is no growth without corrections) But it is important to observe risk management and always use a stop loss.