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.
depending on what altcoin you invest, if you invest in altcoin that are in the top 5 on coinmarketcap (ETH, BNB and ADA), then you better keep holding your altcoin, because you will definitely get a big profit (the price will definitely increase very high), but if you invest in altcoin that are new or don't have a product, so it's better if you still invest in BTC, because the price of BTC will definitely increase very high in the future, so you will definitely get a big profit from investing in BTC rather than investing in altcoin that are not in the top 5 on coinmarketcap.