I would really like to add to my Link, Ondo, and Render bags but don't have any dry powder. I was thinking about selling a little BTC to do this. I'm in massive profit in BTC, and considering selling $20k worth to do so.
Anyone else considering this? Just looking for feedback as nobody i personally know is in to crypto.
Selling Bitcoin (BTC) to fill your altcoin portfolio could be a bad decision for you, because currently the price performance of altcoins is also affected by Bitcoin (BTC) itself. If Bitcoin (BTC) goes down, then the performance of your altcoin portfolio will also go down, as simple as that. So, it would be better if you rethink your plan. If you still want it, just do it, all the risks, all the decisions are on you, mate.