Hi guys, I hope you are doing well in this pandemic time. Do you think it can be a good time to invest in some altcoin for hodl with the BTC pair instead of USDT pair?
I saw that most of the altcoins are now in the bottom with the BTC pair and my personal goal is to increase my BTC account instead of the USD one. My strategy is to wait that the BTC dominance reach 70% it will be blood on the ALT but very cheap price and then I want to invest in it with the BTC/pair.
For example these alt are now at :
Stellar : 460 sat
Tron : 143 sat
Eos : 14500 Sat
Do you think it can be a good strategy in order to prepare the Alt season IF she will come?
For planning your BTC holdings to increase yes that's better idea than to do it Fiat value like USDT.
Just make sure that the altcoin you will buy will follow altcoin trend when the altcoin season started . The problem with your idea is if the Bitcoin continue to grow or increase and the altcoin price is decrease it's Bitcoin value then instead of earning in BTC you will only get profit in USD value.