Post
Topic
Board Bitcoin Discussion
Re: Eth being sold to buy Sol - meanwhile BTC keep winning...
by
AsiaHODL
on 11/11/2024, 16:20:09 UTC
Well alot of these alt traders really have deluded themselves into thinking they can outperform BTC. It just like day traders who delude themselves into thinking they can reliably make money day trading stocks or FX. They can't. But some just take longer than others to realize it.
You can certainly make sweet amounts of Money doing both Altcoin and Stock trading.  And you can outperform Bitcoin nowadays, but it involves an incredible risk not many should afford to choose.  A few hundred percent is what Bitcoin did last cycles, and this is something that is not impossible be surpassed.  The question is how.  How the hell do you pick the perfect Altcoins, withdraw at the perfect time and return with more Bitcoin.  I suppose you either need the experience and knowledge or to be simply lucky and hit the 'jackpot'.  Most of the time, you think you make a lot of Money and then you quickly realize you would of had more Profit if you simply held Bitcoin all the time.

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Eth today hit yet another 3 year record low to BTC. What an absolute disaster for anyone hoping to outperform BTC with an alt.
Has it really?  Seeing the Ethereum charts over the last few days I would have thought it was the opposite actually.  Very curious!

Zoom out just a tad...