Quote from: Stable090 on Today at 06:53:01 PM

Quote from: JamesDaniel90 on Today at 11:21:33 AM

Currently, I do not own any Bitcoin but my plan is to sell all my altcoins later this year for (hopefully) decent profit and then buy Bitcoin only starting next year once it has crashed from the expected highs that we see later this year.

Why not sell your altcoins now then divert the money into bitcoin investment? How sure are you that bitcoin price is going to crash by next year? If you are planning to invest in bitcoin, then you shouldn’t waste time, you trying to wait for bitcoin price to drop, that means you are not really ready to invest, because bitcoin price might not really crash the way you thinking. If you are planning to invest in bitcoin, then you can just start by making use of DCA strategy when you are planning to invest.

Quote from: JamesDaniel90 on Today at 11:21:33 AM

I am assuming 2029/30 will be a peak high as that would be the next bull run if the 4 year cycle was to continue.

Why are you giving assurance that by 2029/30 is the peak high of bitcoin? I don’t think anyone knows what’s going to happen by then, so you shouldn’t assure anyone anything yet, things like this do mislead people, if bitcoin didn’t pump by then, some people are going to be disappointed.

Selling my altcoins now while they are less than 2x profit or even break even and circumstances down 50% and swapping them for bitcoin now at the all time high is a dumb decision in my eyes.

Bitcoin dominance will likely fall, altcoins will pump and that’s when I will sell my altcoins and buy Bitcoin.