Quote from: bettercrypto on Today at 03:30:15 PM

Quote from: udayantha11 on December 23, 2024, 11:15:53 AM

Now BTC dominance at range of 55-60%. last 2 weeks gone bloody red. i saw panic selling most are. In coming months BTC profits should come to alts and BTC dominance can be lower 35%. so alt coins prices will 3x-10X from current price.

keep in mind all the coins not perform in same way.

most of the newbies, dont know what is going to happen in next months.

If you refer twitter , you get panic quickly.

That's why others always say that the safest thing to do to keep the risk low is to always hold long-term and not short-term, because usually long-term holdings always win every time a bull run comes, and I've seen and witnessed that many times.

There are also others who have the mindset of a get rich quick scheme, and if you have this mindset, the time and effort you put in will surely be wasted.

And the best asset in this industry for the long term is just Bitcoin that will never fail as long as you have strong conviction and patience.
And besides Bitcoin, I think other crypto or altcoins that do panic selling for various reasons especially their lack of knowledge and experience and they just secure their assets before the loss occurs. But as long as they do the sale in a profitable condition even though in a small amount I think it's okay as long as they don't sell at a big loss and whatever they do will eventually be a valuable lesson that will make them better in the future, and this is the same as us or most people when they are still beginners and also includes the mindset of a get rich quick scheme which is actually not that easy.