Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
Definitely it's going to be tough decisions to make right now, since bitcoin struggles to rise while on top value right now. That's better to take more time to grow your alts before deciding when to sell all of it. By the time, when you fail on that specific decisions you might miss the opportunity to earn those potential profit. So don't rush, analyze what's best for your asset and don't forget to read every updates.