Post
Topic
Board Trading Discussion
Re: Just a piece of advice needed here folks
by
AmoreJaz
on 27/10/2021, 20:14:09 UTC
 
Of course I hodl Bitcoin but I had to go into investing on these altcoin as I couldn't afford to purchase 1Btc at a time. So what I literally do is take profit on these altcoins and buy more Bitcoin regardless of whatever price its sitting.
Exactly as a small trader or investor we can't buy One Bitcoin, and for this reason we can't take profit from Bitcoin holding. For this reason altcoin is best for buying and from altcoin profit we can buy Some amount Bitcoin satoshi for long time holding.               
But we can hope that someday, we can earn more than one bitcoin from the altcoin because I am sure that will happen to us if we have so many potential altcoins ready to sell at a high price. We should pick the potential altcoins to make a big profit, and we already know what the altcoin name is. So in the next altcoin season, we can expect to get a big profit from that altcoins.

it depends on the alts you are holding here as many of them are not really worth holding. but if you will stick to top alts like eth, bnb, you have high chance to get your profits because they have solid foundation as compared to most. also, look for other top 10 alts with very good use case in the market as they will also be worth holding.
but don't forget to hold btc first and foremost. because it has proven by time, that this is worth holding. even if the value today is going down, the likelihood of going up in the coming days is very high.