Basically, it was when altcoins start rallying this happens late stage bitcoin rally and this signals that bitcoin will have a correction and it makes sense to sell your bitcoin at that time.
Can anyone please let me know if there is any truth into this because I don't buy or care about altcoins and think they are junk. So when I hear that they are exploding in value and even in polls bitcoin is not the #1 pick or even #2.
I will advice you stay were you are, hold on to your Bitcoin portfolio and never be so emotional with the media news and jump into Alt Coins out of greed by selling your Bitcoins.
Although the affirmative Alt Coins are good utility and use assets due t their exponential potentials but I bet those are only feasible to bring investors profits after a pullback of Bitcoin.
For now we don't know when next rally of Bitcoin will come again after the last two weeks experience. It is hard to tell that investors will rollover to the Alts now or soonest because Bitcoin is only in a temporary price decline and a resistance level of $117K and $118K with a significant to skyrocket again as a matter of fact ...the bull market is not over yet.
Maybe those Alt Coins rally will come after the Bull run season and then set to dump which sensitively may drive investors FOMO to sell and having a strong look to diversify on the Alts. Everyone need to think well because the dimension of investing a lot like that in Bitcoin can be critically ill since Alt seasons is not periodical like Bitcoin market cycles occurs every 4 years.