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.
It all depends on the type of Altcoin you invest in, if you feel the coin is not suitable for the long term, you should reverse the investment presentation you made by choosing to invest 70% in Bitcoin and the rest in some potential Altcoins.