Quote from: bitgolden on Today at 01:36:14 PM

Quote from: hotpassion on May 12, 2021, 01:27:13 AM

I'm still struggling to make my decision to sell my BTC for altcoins (I prefer ETH, ADA, SOL, ETC).
Do you think I should do that?

NEVER ever go for that. You may become disappointed at any time.
The best practice must be risking only 5% to 10% of your portfolio in altcoins is always recommended.

What we are having right now due to dogecoin/etehreum is not a sustaining one. Moreover these may happen once in 5 or 10 years, you cannot dream about that on cyclic manner how people are enjoying assured profits with bitcoins on every four years. By the way, I never heard about SOL so far, what is that?

ETH might be trading around its ATH of life time right now, investing with that may become a life's biggest mistake as well. Same the case for Ada. ETC may become dead at any time.

I agree with the notion of bitcoin as the biggest portfolio piece, I just do not agree with the 5-10% part (depending on the coin of course). Right now 90% of my portfolio is btc-eth-bnb and has been like that for months, I am very happy with it, I made a great deal of profit that way, while others made even more I was quite happy with what I have.

But I did purchased eth and bnb, those are altcoins so I could say that I do not have 10% in altcoins, I do have 10% in other coins aside from these three, that is the true part and I agree with that but the fact is that I still managed to make a good amount of income from the biggest three coins in the crypto market. That is why I agree that you should not swim outside of shore too much, but you can keep it at the top levels if you want to, which I did, I have like 40-50% of my money in bitcoin as well, just not 90%.