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.
In my opinion, your choice to split your investment 30/70 is a good idea.
And what about your 70% alts? Is it a good rating alts? If it is, i suggest you to keep your alts and dont touch it.
Currently it is not the perfect time to buy bitcoin, because the price is so expensive.
Thanks for the response i already posted my split:
"My precise portfolio is:
BTC: 40%
ETH: 23%
ADA: 12%
VECHAIN: 10%
IOTA: 4%
Link 2%
Last 10%--> AAve, Zil, BQX, LTC, NEO, TRX, GRT, Verge, DOT
i think i will hold on to 70% of my top 4 invests - means selling 30% when bullmarket is ending (indicator for me is Galssode Charts (e.g.NUPL), Crypto Quant outflow/inflow of exchanges and others).I missed that trought the last bullrun and sat to complete bear market Smiley...
And additionally i will sell 70% of my other alts for btc when altseason (which is already there) is peaking out"
Your portfolio is one of the best coins you are holding, which has a higher chance to increase their price. The above mentioned has higher chances to increase their price more than 40X and it will help you to make some decent profit in this bull market.