I am looking to take some profits on my altcoins after the next big pump. Need some advice if my strategy is good or not. I'm based in the US.
3. Once the bull run is over I'm most likely going to keep all my bitcoin and probably most of my Ethereum. I'll sell most of my alts for stablecoins but keep small bags of the ones I want to keep through the bear market. Is this a sound strategy?
My take on this one is to do it only if you are sure that the altcoin that you intend to sell will be worth nothing some altcoins are worth keeping and some coins are worth dumping, trading it on the stable coin is good if you are sure that it's going to worth nothing and the market is going down, the stable coin is good for safekeeping in times of bear.