Quote from: I_Anime on Today at 06:20:14 PM

Quote from: new19980 on November 18, 2024, 09:23:55 PM

Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT Roll Eyes

To me is better to start now with some DCAing, and you can start with any amount of your choice there's no deadlines or something, so there's no need to be in rush , just start accumulating and keep your investment smooth, but don't over do it when purchasing just in the name of trying to be aggressive ( like using your emergency funds to purchase). So is for you to decide the amount you wanna use to start the only advice I can give to you for now is to start with DCAing.

From post, the OP is already making profits from trading altcoins and wants to invest part of the profits into Bitcoin. For me, since he is already making progress in that, he has to continue doing that and use the approach of investing his profits in Bitcoin for long term holding. This is smart and something I know few guys that do it successfully. If I have a strategy that gives me net profits in trading, I will definitely use this method because it seems reasonable.