Quote from: ichsan ardi on April 04, 2023, 06:30:23 PM

Quote from: JamesDaniel90 on March 28, 2023, 10:56:41 AM

I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.

I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?

we can't predict when the next altcoin season will be no one can predict when it will happen if you don't want your coin to drop deeper maybe you should sell some and buy BTC which is lower risk if bitcoin goes up the altcoins also go up because you can say bitcoin that covering altcoins also goes up, I think the cycle is average, so if BTC goes up, the average alt coin goes up too because bitcoin king of crypto is just my personal point of view that I've seen lately.

Yes, that's the cycle in general, if BTC goes up then everything goes up too, but in my opinion it's not a good choice either if you sell Altcoin at this time especially when it's down, if that's the main indicator of Altcoin going up I don't think you have to sell it if the price will come back, but it must be seen first that the Altcoin is owned, if the Altcoin that is owned is potential enough in its price development in Bullrun then why should it be sold, it is possible that the value will be many times what you imagine, but as we realize that Altcoins have enough the risk is high so it's up to everyone to continue to hold or let go at a loss, and it's true that we can't predict that Altcoin season will come. DYOR