Get ready for the next crypto season🧣
Name your favorite Altcoin!
I have some ether in my portfolio so it's up there on my list of favorites, even though it isn't doing anything and is far away from its ATH.
I am the wrong person to discuss altcoins because I make an attempt to avoid them. I like the ability for traders to exit any positions in a coin and buy a stablecoin without that being considered a taxable event. You won't like my answer, but my favorite alts are therefore stablecoins.
I don't like holding Altcoins either and I always try to avoid Altcoins. However, I use Altcoins for gambling because they have very low withdrawal fees. And transactions are completed very quickly. I mostly use BNB to deposit on gambling sites because BNB has very fast transactions and withdrawal fees are very low. And if I want to hold altcoins, I hold BNB and SOL because according to my research, these two coins have a lot of potential and holding them can yield very good profits in the future.
Somehow its understandable for certain individual that they use altcoin for gambling since somehow I think this is the ideal option to use. Usually I grab stable coins or other top alts to deposit and I don't like to use my BTC since its meant to be for holding.
I don't want to waste my long time accumulation just for gambling and used those funds in alts that I can afford to lose.
Don't hold much any alts right now and usually I just either dump it or spend in on gambling. I'm buying more Bitcoin because I believe it will pump more in future.
Spending up your Bitcoin into gambling or into other things will be giving out that kind of hesitance on doing it because we do know on how important on saving up your coins specially Bitcoin for long term. Me myself isnt that wanting to make use of BTC too but there are those situations or time that i do made out some direct use of my own Bitcoin but unexpectedly I do made out some winnings with that. Usually I do make myself use too with those altcoins too specially even with some meme coins too at the time or moment that I have decided myself to gamble.
It will be all matter or basing up into someones decisions on how they would be gonna handling out their spending whether they will be that in moderation or just that simply let loose.
Gamble into the extra amount you do have and with this then you wont be finding yourself that easily gets panic.