Post
Topic
Board Altcoin Discussion
Re: What are you doing with your alt bags
by
TimeTeller
on 17/12/2022, 21:18:54 UTC
Almost all altcoins are now making new all time low, Gala games for example look like it's going to 0.015$ after holding 0.025$ for months, I have halted my buys right now because I believe that BTC will go lower, what are you plans?
Honestly, you are investing altcoins that are certainly at a low value in the market, therefore, it was hard to expect them to look green while Bitcoin is also on the decline situation. These coins are more independent of Bitcoin and when it dumps, these altcoins are badly affected and dump more.
And if you have trust in these coins, I suggest that you extend your patience and keep them, never think about selling them as you are probably at loss. May these coins will surge during the bull market, you'd better wait for that moment. If you have some funds, make use of it for other coins which are more profitable than these coins that you have mentioned.

Maybe not only profitable but a very solid one that you think won't continuously decline its price,
but with high chance of recovering once bitcoin is also going up its price.
And with this consideration, you should consider alts with very strong presence in the market,
in terms of its application.