Pick up cheap alts? What, after they've been inflated past all rational valuations? Nah, I think it would be a great idea to sell and take your profit off the table now (if you made one). I definitely wouldn't be buying right now. Bitcoin maybe, but NOT any altcoins.
Yes, most alts should have been dumped already by hodlers, the rise was unsustainable, but some got smaller pumps such as LTC, which only doubled. I sold half of my LTC and made profits, but i'll keep half of it there to hedge against the risk of a potential 51% BU mining support. I think LTC and ETH are decent bets to profit from such an scenario.When people look at alts, they tend to only look at their bitcoin value. Get into the habit of checking their dollar value - it gives a better indication of where things are going.
The smaller the group of owners / whales, the more likely that number will not moon.
Allows you to identify entry and exit points as a small investor.
