Quote from: fuguebtc on Today at 10:15:03 AM

Quote from: JamesDaniel90 on February 02, 2023, 04:24:48 PM

Is anyone taking profits or are most of us just DCA?

I can say taking profit is always right, but if you are thinking of selling bitcoin and then switching to altcoins, then I suggest you stop. It is true that altcoins will offer higher returns than bitcoin, but the risks are also more significant. You also saw 2 crashes of the top 2 altcoins in 2022, and you made a wise decision to invest in bitcoin, not altcoins. You should keep your stance on bitcoin and DCA instead of shifting your investment to altcoins which are not recommended even if those are the top coins.

I hear you loud and clear on the taking profits thing, that's always a good move. But when it comes to switching from Bitcoin to altcoins, I gotta say, hold up. Sure, altcoins might promise higher returns, but with that comes much higher risk. Let's not forget those two big crashes from the top altcoins in 2022. You made a smart choice by going with Bitcoin instead. So why even mess with success? Stick with what's working for you, keep your investment in Bitcoin and keep on DCA-ing, instead of going down the altcoin rabbit hole. Trust me, it's not worth the headache.