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?
In crypto, it is difficult for us to determine when the price goes up and down because crypto is very volatile. What we can do when the price drops and is having a lot of Altcoins is to hold it until it gives the profit we want.