With us seeing a new all time high in March before the Bitcoin halving this year it has left me feeling unsure of what to expect for the rest of this year.
~snip~
Have you invested in BTC or are you still 100% in altcoins? I know everyone is waiting for BTC to go strong to pump up the altcoins along the way, but it wouldn't be the first time that doesn't happen. The first most popular altcoin has only 30% growth in the last year, Bitcoin at the same time has about 100% - not that it is some kind of ultimate indicator, but I think it is worth taking into account.
Still 100% altcoins. I would be very surprised if altcoins do not pump at some point in the peak months of the bull run.
My plan is still the same , cash out my altcoin profits in the peak months of this bull run and buy Bitcoin in the lows of the next bear market in 2026.
What do you mean the first popular altcoin has only 30% growth , which one is that?
I am holding a few altcoins that have done over 1000% growth in the last 9 months.
It's not a bad for any investor to consider some good Alts as an investment option and the idea of investing with the profits gotten from Altcoin investment into Bitcoin is good one as well cause no matter how good an Alt may be Bitcoin still remain the best Cryptocurrency when it comes to investment. Well I think what Lucius meant was that the first Altcoins like Namecoin and Litecoin didn't grow much compared to other which came after but one thing I've noticed is that it's not about the time an Alt was created or how long they've stayed that would determine it's growth it's about the community backing the coin and how often people trade or invest on it. I won't talk anyone outside investing on Alts despite the fact that Bitcoin still remains the best for investment but diversification is allowed given that good Alts still exist all it takes is for an investors to be careful not to invest on the wrong one due to market manipulations.