^ Yup. Some speculators have to understand that BTC is rising much faster than alts, taking much of the fiat value in crypto. If you bought anything with Bitcoin, you have to understand that there's an opportunity cost by trading it for
an alt.
The best move would then be to trade back to BTC, with BTC profit. It simply is the crypto to hold long term.
You're so right! I think speculators in crypto have begun to lose touch with reality or am I the one who hasn't adjusted to crypto reality maybe! Bitcoin's rise has been amazing, but people need to remember that it actually took us all by surprise. Who would have expected $5k or $10k, much less the price it is today? Those of us who invested in CSNO were diversifying. We don't know how the future will look like. Perhaps alts will rise and catch up to BTC, and our decisions will be justified. Perhaps BTC will always rise faster than alts, but that's the point. We don't know, and therefore we hedge by going into alts.
If we all looked back and just looked at fiat value, overall, alts are doing well. And as long as we haven't lose fiat value, we haven't lost anything. If your faith is in BTC, then hold BTC. If it is with alts, or with BitDice, then hold CSNO!