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.
if you have made a profit from altcoin that you invested, then I think it's okay if you swap your altcoin to BTC, because I think BTC is very good for a long-term investments, then of course it will definitely give you a big profit in the long term and investing in BTC is indeed safer than investing in altcoin, so in my opinion it is the right choice if you swap your altcoin with BTC.
True Bitcoin is the right choice for long-term investing,
because Bitcoin goes up every year and that's a good thing other than that Bitcoin is proven to be profitable,
other than that, investing in bitcoin is safer and I don't think the risk is as big as investing in altcoins