BTC technicals are against $20,000. I don't think holding now is a good idea.
Maybe a good idea is to move the money from BTC to altcoins.
If BTC breaks $21,000 confirming a breakout, media will write about BTC and move retail investors will flow in. Then get in.
I think for now, the best idea is to liquidate BTC. And move to alts.
What's your take and why?
Happy to discuss!
Well, yeah I will think about this one but I don't think it to convert my Bitcoin into Altcoins, maybe if it is a stable coin like USDT, BUSD, and more because from that I will be more certain that the profit will be safe unlike in altcoins with having no certainty.
Thereby, placing it in some alts makes it even riskier. Yet, alts only follow on the move of Bitcoin thus if it plunged and so will be for most of the alts in the market. You gotta choose your take for this one carefully.