Post
Topic
Board Speculation (Altcoins)
Re: Sell Altcoins
by
yohananaomi
on 20/06/2021, 03:17:35 UTC
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.
You already have with your result .I think we have seen a good alt move in the recent past and you got enough profit from this time .If its not you don't need to be panicked right at the moment and don't sell your alt on low price .You didn't mentioned which coins you have invested if it is the top coin then really fine but if it is shitcoin then you have lost enough .However you still may go with btc hop you will have a great future .
but I firmly believe that the alt season still exists, even though at this point we have to admit that prices are going down and maybe some are lucky and some are not. but it's true what you said, don't sell when the price is correcting at the moment but still hold it because it is certain that altcoins will be able to bounce back because the end of the year is still long.

because the period of improvement will occur at the end of the year and there is still a very long chance and there is no need to worry about what is happening now. all will soon pass and altcoins will rise again along with bitcoin.