Quote from: aubert on March 11, 2022, 10:31:56 PM

Quote from: 7deadlyBTCIN on March 10, 2022, 01:26:50 PM

Altcoins lose value faster than BTC is that's what you need to hear,

People are massively converting their tokens to the bitcoin once the bear occured. People are using bitcoin as the place to keep the value from the bear market. The bear market itself was triggering by bitcoin. This is also making the altcoins dropping so hard compared with bitcoin. That means once they are able converting their altcoins to the bitcoin mean they will be a winner as they can buy back at the cheap price.

Quote from: 7deadlyBTCIN on March 10, 2022, 01:26:50 PM

a 10% loss in price of BTC can tank 30% or more off any altcoins this is why I only invest 30% of money into altcoins and 70% into BTC, the best store of value after stable coins is BTC.

Agreed and altcoin suffer more lose once the bad news are coming at the same time. I have seen even some lose more than 70% as well. Diversifying our portfolios looks a good idea but remember more risk and more gain.

That is mainly the fear of not knowing which coin will survive and which token will fail. This is why most people end up changing their crypto holdings into either btc, or stablecoins. This way you are aware that you will end up with something that will survive no matter what.

Obviously it is not going to be that easy, obviously we are going to end up with some things that will lose us some money. But that doesn't mean that we can't be picking the most careful ones. Even if BTC goes down, even if inflation causes our stablecoins to be "valued" lower (the amount can't go down since it is stable) that means we are at least at the most riskless thing.