Post
Topic
Board Altcoin Discussion
Re: Selling BTC for dry powder during this dip?
by
Huppercase
on 16/03/2025, 19:59:11 UTC
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.

I hope you don't regret your actions, I'm not an anti altcoins, I like them for short term gain while Bitcoin remain the long term goals but I'm selective when it comes to altcoin investment. Have you look at Ondo and Link chart in a yearly view, it seems whales has left link and have focus on another coin. That coin was massively pump during the 2020 market recovery just like Ada was did but today, it looks like one coin that is a grave yard that nobody is having interest to buy.

The tech aspect of chainlink is one thing every projects need as long as EVM interoperability is concern but I don't know maybe it's because the hype has died down or the over confidence the coin had during the recovery, there is nothing new and fascinating about the coin anymore and people are not buying that much. If you must sell your Bitcoin that is on profit for any altcoins, please try as much as possible to do your research before you put all your money on them so you don't regret later.