Post
Topic
Board Altcoin Discussion
Re: Selling BTC for dry powder during this dip?
by
WatChe
on 30/03/2025, 12:41:47 UTC
If it was prior to 2025 i would have suggested you the same, but altcoins are almost dead these days. I did the same mistake last year, selling some of my bitcoin to get into altcoins, thinking that the altseason would come and give me much more returns, but it never happened. I would sincerely suggest you not buy altcoins for your bitcoins. If you want to cash some of the profits in bitcoins, better convert them into stable coins. Keep those stablecoins with you, in case the market crashes to 73-74K, you can still buy back bitcoins cheap or maybe get some of the altcoins at more cheaper prices.

Altcoins are down and out these days and we don't know when they will get out of this bearish season. It's more risky now to invest in alts, even top alts like Ethereum is not able to perform well despite Bitcoin going so high. If you have Bitcoin then HODL it and if you have cash to buy then better buy more Bitcoin on current dip rather then going for alts. For alts, there aren't many choices these days. Many got good profit from Trump coin during it's initial phase of launch but it's total gambling, if you are good in gambling then one can try that path. DYOR