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.
Most of the altcoins nowadays are doing good and some are even saying that the alt season has already started, nevertheless bitcoin's performance is still at the top and regardless of the sudden dips which are corrections that are ongoing, it still keeps on achieving a new ATH every time. You cannot say you wasted too much bitcoin for buying alt, neither you wasted too much alt because of investing instead on bitcoin. Actually, both are having the best performance at the moment and any form of investment, no matter what percentage the two are sharing, you can surely gain good profit specially if you are handling your investment right and wisely.