Quote from: cryptomaniac_xxx on Today at 07:41:08 AM

What the hell is this advise? Move bitcoin to alts? Lol, one of the worst if not the worst advise that I have heard in this forum for a long time. Regardless if we didn't get to a new all time high, I wouldn't liquidate my bitcoin assets in favor or alts. I'm not against alts by the way, but they are move volatile that bitcoin that it wouldn't make sense for a bitcoin holder. And we have seen the correlation with alts, if BTC fails then the rest of the alts followed.

Thanks for pointing that out! I like people with opinions and this is well-taken!

In my defence, BTC at the top - ATH, and there is obviously going to be huge barrier here. Do you see a 100% move in BTC here, should it move above $20,000? If yes, it's good. If not (which I think will happen), you have literally exited BTC at the top which is $19700 or whatever and moved your money to coins like ripple or cardano or tron which still have 2x upside left if not more.

If they are connected, definitely they will move in the same direction. If BTC going $40k (if at all), ripple and cardano may be trading at 2.5 - 3x atleast which means you would have made more money in these than BTC.

If BTC comes crashing down, ripple etc may fall as well, less in correlation with BTC.

I believe a good way to trade this is by moving to alts.

Open to discussion and debate!