How Does it feel to be Balls Deep in altcoin, when only bitcoin is rising?

wxa7115

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Quote from: electronicash on March 16, 2024, 01:14:25 PM

this situation happens almost every bull run, it's always BTC that runs wild the first and altcoins follow. BTC in this bull run though is just different than how it did in the last few bull runs. the ETFS must be the ones that make it a lot different.

waiting is the game. you have missed a lot already since the time BTC started rallying, selling your altcoins now for BTC could be too late and by the time you look back, you'll see your altcoin gains will also go up. if possible just come up with a new capital in buying BTC and just leave your altcoin investment alone.

Depending on the altcoins you hold such a move could be good or very bad, because as we know new altcoins are very susceptible to the change on the sentiment of the market, so if at the time the altcoin is released all the focus is on bitcoin, it is possible the best opportunity for that coin to produce profits could be lost.

And by the time the focus shifted to altcoins, a great deal of new projects may have merged which could reduce even further the interest the community may have on investing in that coin in particular.

mich

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Well my crypto portfolio does have some of the alt in it. But it is a smaller amount then I do hodl of my Bitcoin. And now Bitcoin is down 4 percent just in the last 7 days. But then there is Solana that is up 27 percent.

And BNB is up 20%. All the coins were rising when Bitcoin was but now we see not all the alts need for it to happen to make profits.

Claymore2

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I've invested in a mix of altcoins, and the recent rise in Bitcoin has affected them too. Bitcoin went up by around 20%, and many other altcoins followed suit, including Ethereum. However, some altcoins didn't see much movement. I believe this could lead to an altcoin season in the future, where many altcoin prices surge. But it's important to remember that not all altcoins will benefit – only the good ones and certain meme coins usually do.

Belarge

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Quote from: Adreman23 on March 16, 2024, 06:38:06 PM

To be honest, of course, I feel fomo towards bitcoin because it keeps rising, while my hold altcoin seems stagnant and unresponsive. But the fomo im experiencing is also tinged with fear because, for instance, if I sell my alts and buy bitcoin, what if it suddenly drops? Perhaps I'll just hodl onto my altcoin for now and wait for the altcoin season.

Altcoins will continue to be top trends in the market because they're not one bur vast in numbers, everyone have a story to tell when their entries are invalid and losses are made steadily. We're just preys in the hands of the bull and bear season. They exists in the market inother to either liquidate our accounts or get us to be smiling with the huge profits printed. This is not the first time I'll be losing money to crypto. It have taught me lesson and I'm not going to give up, atleast not now that I've witnessed the evidence of trading in my life.

Adreman23

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To be honest, of course, I feel fomo towards bitcoin because it keeps rising, while my hold altcoin seems stagnant and unresponsive. But the fomo im experiencing is also tinged with fear because, for instance, if I sell my alts and buy bitcoin, what if it suddenly drops? Perhaps I'll just hodl onto my altcoin for now and wait for the altcoin season.

electronicash

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this situation happens almost every bull run, it's always BTC that runs wild the first and altcoins follow. BTC in this bull run though is just different than how it did in the last few bull runs. the ETFS must be the ones that make it a lot different.

waiting is the game. you have missed a lot already since the time BTC started rallying, selling your altcoins now for BTC could be too late and by the time you look back, you'll see your altcoin gains will also go up. if possible just come up with a new capital in buying BTC and just leave your altcoin investment alone.

doomloop

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Quote from: bastian466 on February 29, 2024, 01:49:33 AM

There is no need to rush into the decision to sell altcoins to switch to Bitcoin, I prefer to wait because what I invest in is Altcoin, the majority of which follows Bitcoin's movements, so there is no need to worry about switching. because I always divide my investments into various types, not just at one point

Rushing is subjective. It can make or break you. For now alts are dumping as the OP is saying and if we bought them at a not-so-low price, we might still be down so there is no need to rush on selling them even though our intention is good because we will switch on BTC.

I have a better idea to do here. Why can we just use our money outside to buy a BTC? BTC is also rising but it shouldn't intimidate us since we can miss more gains later on. There are two types of altcoin. One is old or those alts who can rise slower, and the other is new or those who can rise quickly but the only thing is they also don't last long. So if the alt that we have is the old one, indeed that we will need to wait.

Mate2237

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If you look well there are some altcoins are also rising though it is not as speed as bitcoin but they are rising and investors in those altcoins are also smiling because they have made profit. Ethereum has also broken it all time high of $4,080.50 and those who invested in Ethereum last two years when it was #1000 are making profit in their investment so when you said altcoins are lagging behind and I would say it is not all.

And if anyone is investing in Ethereum, Dogecoin, Eloncoin, Solana and Litecoin should not sell it to buy Bitcoin allow Bitcoin investment to go smoothly and others as well and that is the sweetest part in the cryptocurrency investment.

Bitstar_coin

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They both have separate time to moon, btc is always the first to lead the way while the alts will follow up post halving I guess.
Don't worry buddy alts will have their time to pump hard and everyone who is neck deep into alts will be happy with their investment.
Remember the full bull season is yet to come. Don't judge too quickly.
Yeah, one can feel a little anxious seeing how btc keeps pumping but if you already know the behaviour you will not be sad knowing what is coming.

Kristiyana

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Quote from: Bushdark on March 06, 2024, 01:51:10 PM

This can be really annoying when we keep seeing our altcoins boiling deep while Bitcoin is going bull.
We need to see our holdings and look for good altcoins to buy if we want to hold and make money in the market.
There are some altcoins that would take time before they go bull, we need to avoid such kind of altcoins because we will have to hold and keep holding before we see any reasonable profits to again from our portfolio.

You're absolutely right,I think there are some altcoins that is somehow related to bitcoin, whenever there is increase or change in bitcoin price, this set of coins also change in there value.i don't know if I'm the only one experience this.but I won't mention this coins not until I make a proper research.

wxa7115

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Quote from: Bushdark on March 06, 2024, 01:51:10 PM

This can be really annoying when we keep seeing our altcoins boiling deep while Bitcoin is going bull.
We need to see our holdings and look for good altcoins to buy if we want to hold and make money in the market.
There are some altcoins that would take time before they go bull, we need to avoid such kind of altcoins because we will have to hold and keep holding before we see any reasonable profits to again from our portfolio.

It goes way beyond being annoying, it is a huge mistake to find yourself in that position, life in general does not really give you too many chances to rapidly improve your life, and when you have one of those opportunities right in front of you, you have to take it.

If for some reason you fail at doing this, you will not know when such an opportunity will appear again, so I hope those that are heavily invested in dubious altcoins change their mind quick, or they may miss a bull run which is faster and stronger than what we may have imagined.

Bushdark

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This can be really annoying when we keep seeing our altcoins boiling deep while Bitcoin is going bull.
We need to see our holdings and look for good altcoins to buy if we want to hold and make money in the market.
There are some altcoins that would take time before they go bull, we need to avoid such kind of altcoins because we will have to hold and keep holding before we see any reasonable profits to again from our portfolio.

wxa7115

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Quote from: btc78 on February 29, 2024, 10:20:48 PM

I have another question as well: Does someone really don’t hold bitcoin?

I do understand using altcoin for everyday uses but if it is for investment, I find it most effective that I hold some bitcoin and then some Altcoins. But anyway if that was not the case, how would I feel? First of all, I still would invest in bitcoin but it doesn’t mean I will be selling my altcoins.

Unless I see that there is no more potential for them but aside from that if I believe it has potential to generate some profit then I will still hold it. Remember that the general sentiment of the market relies on bitcoin and I believe that altcoins have a key role especially right after halving

You will be surprised by the number of people that do not hold any bitcoin, and this is because many of them think that it is too late already to invest in it and they are looking for other avenues in which to invest their money.

With altcoins being the natural alternative for them, however as we know very well, altcoins vary in quality, so if they happen to invest in a bad altcoin that is unable to gather the interest of enough people among our community, then they will lose everything they invested without any recourse to get it back.

MFahad

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

FOMOing is no solution to this, Bitcoin has already gone up so much, that it might have a correction at any point which will be useless if one sells their altcoin holdings and buys Bitcoin right now. One should keep holding their assets and hope that they also start going up if Bitcoin doesn't stop going up because they don't have a choice.
This is one reason why one should never be balls deep in altcoins when Bitcoin is the leader of the market and it is a known fact. So it should be first investment choice for everyone but most people these days invest more in altcoins out of greed because they believe altcoins tend to provide higher profits.

Volimack

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At the moment the price of bitcoin is rising much to the delight of investors who have been waiting for this bull period. Altcoins will rise in value as bitcoin price rises don't be disappointed altcoins will never stay deep altcoins have already risen in value. You will understand if you do a little market research. With the halving altcoins are in a good position following bitcoin's formula.

btc78

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I have another question as well: Does someone really don’t hold bitcoin?

I do understand using altcoin for everyday uses but if it is for investment, I find it most effective that I hold some bitcoin and then some Altcoins. But anyway if that was not the case, how would I feel? First of all, I still would invest in bitcoin but it doesn’t mean I will be selling my altcoins.

Unless I see that there is no more potential for them but aside from that if I believe it has potential to generate some profit then I will still hold it. Remember that the general sentiment of the market relies on bitcoin and I believe that altcoins have a key role especially right after halving

irhact

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

I won't sell my altcoins as Bitcoin is rising, I know that after Bitcoin is done rising, altcoins will pick up and starts it's own bull season that will give you more profit than Bitcoin if you're lucky to pick the right altcoin that gets the hype in altcoins season. Bitcoin rises first before altcoin rise therefore when you see Bitcoin rising don't regret that your altcoins aren't rising but use that time to do more research to pick good altcoins with strong fundamentals. Don't sell your altcoins as Bitcoin is rising.

When I'm investing I also get myself some Bitcoin and not only altcoins so when either of them is rising I'll be benefiting and not regretting that I didn't buy Bitcoin but only focus on investing in altcoins. Altcoins are always late and when many individuals begin to give up hope on altcoins, the bull season for altcoins come and make only those that didn't sell to make profits and the rest regret selling early.

goaldigger

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Quote from: kentrolla on February 29, 2024, 01:48:22 PM

I feel we need to hodl on altcoins as it's really make or break situation as we see few Altcoins pumping up suddenly and then dropping down after few hours hence the only option we have is to keep checking out portfolio or set up alerts so that you can sell it's your Altcoin's time to pump. But the problem is, it's really difficult to predict or know which Altcoin will go on rally when. I had same issues in the past as well hence shifted majority of my portfolio to Bitcoin to have some peace of mind.

Altcoins will catch up later on, its just that many are focused with Bitcoin right now because of its price value and that is the normal trend for cryptomarket. If Bitcoin will stabilize its price, then this is the right time for altcoins to pump as well, and that will happen any moment from now. Altcoins are good to hold too especially the top altcoins so make sure to have holdings as well, ETH will also lead altcoins for the pump.

bSpend

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Quote from: Yudhisthir on February 29, 2024, 01:53:31 PM

It's a happy moment for everyone. The bull everyone was hoping for is finally here. I guess there are many more rises and falls to come on crypto. Not sure what the highest point be this time. It's not just bitcoin but a lot of altcoins to increasing in price, some more than others.
And a good diversification would never make you sad. Anyone seriously into crypto must have a decent amount of bitcoin which they can now profit from. Next week, the bitcoin price may go slow but another good alt from your portfolio may make you happy.

Its only a happy moment for those who are or have invested heavily in bitcoin, and maybe some altcoin in the bear season, and honestly, I do not think we are in the bull season yet, this is if we are to compare the previous bull seasons and when they started, to this present season.
And if you asked, I would say that, according to previous data, the bull run is supposed to start around October this year, this is to say that what we are currently seeing might still be the effect of the bitcoin ETF approval, some one somewhere, or a government may be secretly accumulating bitcoin for what ever reason, and this may have been what lead to the pump in the last three days.

Yudhisthir

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It's a happy moment for everyone. The bull everyone was hoping for is finally here. I guess there are many more rises and falls to come on crypto. Not sure what the highest point be this time. It's not just bitcoin but a lot of altcoins to increasing in price, some more than others.
And a good diversification would never make you sad. Anyone seriously into crypto must have a decent amount of bitcoin which they can now profit from. Next week, the bitcoin price may go slow but another good alt from your portfolio may make you happy.

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

Lets discuss...

I have a little Bitcoin and some altcoins. I don't like diversification into many altcoins. So currently I only hold about 5 altcoin projects. Most of them are projects with an AI narrative. I am sure that these projects will be successful in the future. I still keep some of it in Bitcoin because I believe that Bitcoin is the safest asset. So I just invest in altcoins and am ready for the risk. In my opinion, there is no need to sell your altcoins if you are still experiencing losses. But if you have made a profit and want to secure your assets then you can try converting them to Bitcoin.

kentrolla

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I feel we need to hodl on altcoins as it's really make or break situation as we see few Altcoins pumping up suddenly and then dropping down after few hours hence the only option we have is to keep checking out portfolio or set up alerts so that you can sell it's your Altcoin's time to pump. But the problem is, it's really difficult to predict or know which Altcoin will go on rally when. I had same issues in the past as well hence shifted majority of my portfolio to Bitcoin to have some peace of mind.

bluebit25

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

Diversifying assets and being flexible in investing with crypto requires a specific plan. I am not a shortterm or momentary player, so I really understand the importance of patience in investing.

I have had a win/lose journey many times with crypto so I actually feel quite comfortable with the market's volatility, but also admit that at this time there is a bit of excitement with the price increase.

With altcoins not all, we also see some increasing and some not showing much, but that is the investment environment and the plan needs to be specific in advance to understand that everything will reach the target. It's just sooner or later.

tsaroz

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That's why bitcoin is called the safest way to success. Altcoins generally are a bit late to follow bitcoin. Many of the altcoins have grown much larger than bitcoin this week. Meme coins like PEPE, Shiba Inu and Doge doubled in last few days. Solana and Toncoin too have a larger increase than bitcoin itself. But again a lot of promising and popular alts have not came close. With the crypto market growing bigger and bigger, it's getting harder for all the coins to rally to a higher price. The first thing people check price of and jump into for a crypto investment is bitcoin.
Personally I had about 25% of my portfolio in Bitcoin and I have already sold half of that above 60K.

mindrust

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Feels good actually.

Doge is up 26% against bitcoin in the last 24H. I actually converted some btc to doge yesterday when the action started and I can have more btc now if I convert my doge back to btc.

Even LTC is up 11% against BTC since yesterday even though it has been on a death spiral for the last 5 years or smth.

It is all relative.

People who bought LTC 5 years ago are cursing their luck while people who bought LTC yesterday made some money.

Troytech

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There isn't any need to sell your altcoins to invest in Bitcoin cause it's price is getting high, we are certain that the bull run would touch some altcoins what you should be bothered about is if you've invested in the right project or not. The reason behind this bull run having so much pressure on Bitcoin is because of the recent interest of investors in Bitcoin since the last ETF approval and also new of the halving coming.

Sometimes the altcoin bull run actually sets in a little after the Bitcoin bull run, I was never expecting the wave to hit the altcoin market so soon and we are still very early in the bull and it's the right time to keep buying so instead of selling buy more or rather invest in Bitcoin now,it's not too late.

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?

I don't have much in alts but if I am that one that have balls deep in altcoins and never invested in Bitcoin, I'd definitely feel terrible that after all of the advises that I've heard and being said to me to keep on buying bitcoin when it was low and I have never obliged myself to follow. It's my problem when the surge is only happening currently to Bitcoin but then, the altcoins are going to follow the trend and that's for sure.

Quote from: bSpend on February 28, 2024, 06:03:28 PM

Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

HODL and wait patiently. If you're believing on the altcoin that you're holding, you're not going to FOMO. Because that's how you've invested but it can't also be help if there are some change of plans that happens during these times that you see that the price of Bitcoin goes up. You just want to sell all of those altcoins of yours and use them to buy Bitcoin. If that happens, that's also fine as long as you know what you're doing and it is your money that's being played around in the market.

Kelward

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I believe that altcoins will have their day soon, Bitcoin is the pacesetter, and as it's price is massively pumping now, the development will encourage investors to diversify their interests in altcoins, which will increase their demands thereby making their prices to start experiencing steady pump. This theory doesn't apply to the whole altcoins, every investor have to carry out research before deciding on the project that they think can have bull run alongside Bitcoin. A lot of scam projects can pump on a very short term, then they'll vanish with investors funds, so due diligence is required to invest in altcoins, otherwise it's safer to stay with Bitcoin, especially in this bull season.

Yaunfitda

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I guess it just shows how Bitcoin is really the prime mover here in crypto, most of the altcoins even ETH is still behind it's ATH, -40% if I'm not mistaken. But if you look at BTC, closing in at it's previous all time high and maybe it can top it before even the halving itself. So obviously, doesn't feel good if you are not that a Bitcoin investor or at least believed that altcoin will be the savior and that it will make you rich this bull run. So I guess all the emotions are there, what if, regrets, I should have done this blah blah blah. I know the feeling though, but I can't get it back, and so we should just move forward and learn for this mistakes. And who knows, in the next coming years, we might see all time high with our altcoins and make a lot of profits, we will never know.

Text

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This is a classic dilemma in the crypto space. Some altcoins are currently keeping pace with Bitcoin's performance, and these are the notable ones. Other altcoins tend to follow their cycles, and their moment to shine may occur when Bitcoin stabilizes or consolidates. Holding onto them requires a significant amount of faith and confidence in the altcoins you've invested in. If you believe in the potential of your altcoins, retaining them during Bitcoin's surge might be a wise decision.

However, in my case, I'm riding the Bitcoin wave, and I have already divested from my altcoins.

bastian466

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There is no need to rush into the decision to sell altcoins to switch to Bitcoin, I prefer to wait because what I invest in is Altcoin, the majority of which follows Bitcoin's movements, so there is no need to worry about switching. because I always divide my investments into various types, not just at one point

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

Hi guys,
I believe we all saw or rather, have seen bitcoin's performance in the crypto market this few days, it's price have risen from around $51,000 to a little about $64,000 before it dropped a bit a little above $60,000 where it currently is at the time of writing this post, all this happened In matter of (I think) 2 days or 3.

And while bitcoin is rising, it's market dominance also rose from around 50.1 to 53.13, which simply means that bitcoin marketcap is rising along side it's price, while many altcoins are seriously lagging behind.

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

Lets discuss...

Bitcoin has actually proven to be the best over time especially when viewing from long-term perspective, investment in Altcoin is more like looking for a quick profits, but however there is possiblity of those altcoins with low market cap to come up since there performance solely depends on Bitcoin, but anyone in Altcoin investment should also consider including Bitcoin in his portfolio. Is risky selling you altcoin now because there is possiblity of it pumping since Bitcoin is doing pretty well.

AVE5

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The projection in the crytop currencies is that as bitcoin rises in values so also AltCoins is expected to push up too so, it in any case bitcoin tends to rise while the AltCoins remains stagnant then means the system isn't proper. There might be or not but to my best of ideal there's no such of AltCoin bull run season that is supposed to have it pumping but since I know about bitcoin bull run, I expected that its bull run has the pumping of the AltCoins so, I am excusing the AltCoins markets for bitcoin because I didn't bump Into the AltCoin market to catch one of those cruises but to Invest and make profits. But well I don't think if such would be in place at all or it has even been. Not this time the ETH and BnB has taken a large scales of potential shape.

wxa7115

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

Hi guys,
I believe we all saw or rather, have seen bitcoin's performance in the crypto market this few days, it's price have risen from around $51,000 to a little about $64,000 before it dropped a bit a little above $60,000 where it currently is at the time of writing this post, all this happened In matter of (I think) 2 days or 3.

And while bitcoin is rising, it's market dominance also rose from around 50.1 to 53.13, which simply means that bitcoin marketcap is rising along side it's price, while many altcoins are seriously lagging behind.

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

Lets discuss...

I suppose it should not be a nice feeling, but I wonder why would anyone do that move so early on? We know that during the early stages of the bull run, bitcoin outperforms on average all altcoins on the market, it is only after a plateau is reached in which altcoins begin to regain the ground they have lost.

But if a person has already made this move I think it is better for them to keep their altcoins and wait for the altcoin season, but this move only makes sense if they invested in good altcoins, as if someone invested in meme coins then it is likely their coins will do badly even during that period.

cryptoaddictchie

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Well thats kinda bit hurting Im also balls feep on some alts but still have major alts that are coinicides with the pump of bitcoin like eth. Good thing I am using eth on some lsdfi hencr it got hold also earning some points like eigenlayer and renzo. I think after bitcoin settled a bit it will shift to alts thats where we should wait for at the moment and take the chance. Its always like that or course bitcoin first then next major alts then go to shitcoins and moderate projects.

jrrsparkles

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FOMO especially when price started to surge in the unexpected rate is pretty common but deciding whether keep the altcoins and wait for it to rise or just dump them for Bitcoin depends on which coins we are talking about. But seriously if you feel the coins are lagging then just go for the second option in my choice cause the price of Bitcoin is expected to atleast double from it's previous ATH so atleast 2x kind of guaranteed even if you jump right now.

JeffBrad12

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I invested in various alts and the recent bitcoin rise has been affecting these altcoin also you need to know that recent surge of bitcoin is 20% increase.
most of the altcoin out there in the market also having 20% increase I think its logical, ethereum more prominently also have quite the rise.
but if your altcoin somehow doesn't get some pump, and yeah I know plenty of altcoin that just outright stagnating, maybe in the future there will be altcoin season.
after all in every bullish run there will be altcoin season that causes most of the altcoin price to surge but doesn't necessarily mean all altcoin price gonna surge only select good altcoin usually and certain meme coin.
if you want altcoin that have high chance of increase while bitcoin also rising why not investing in bitcoin side chain dapps or the blockchain itself many of them are increasing high like stacks (STX)

Wiwo

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Quote from: bSpend on February 28, 2024, 06:03:28 PM

Hi guys,
I believe we all saw or rather, have seen bitcoin's performance in the crypto market this few days, it's price have risen from around $51,000 to a little about $64,000 before it dropped a bit a little above $60,000 where it currently is at the time of writing this post, all this happened In matter of (I think) 2 days or 3.

And while bitcoin is rising, it's market dominance also rose from around 50.1 to 53.13, which simply means that bitcoin marketcap is rising along side it's price, while many altcoins are seriously lagging behind.

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

Let's discuss...

There are no chain reactions from the majority of the altcoins in proportion to the Bitcoin recent market increase that almost broke the last all-time high, and this is why some times, the Bitcoin market differs from the remaining altcoins except for the few that never get left behind when bitcoin rise in price such as Ethereum and BNB with a couple of other popular coins in the market.

Although the coins that have not risen well in this recent bull are those coins that have their own hypes and whose market never depends on the traditional crypto chain market, this is why you noticed their own particular form of market movement some sometimes pump, and dump movement since there is no real ecosystem that supports their market such as users usage.

That is the reason why many altcoins are only good for short-term speculations and not suitable for long-term investments.

bSpend

sr. member

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Hi guys,
I believe we all saw or rather, have seen bitcoin's performance in the crypto market this few days, it's price have risen from around $51,000 to a little about $64,000 before it dropped a bit a little above $60,000 where it currently is at the time of writing this post, all this happened In matter of (I think) 2 days or 3.

And while bitcoin is rising, it's market dominance also rose from around 50.1 to 53.13, which simply means that bitcoin marketcap is rising along side it's price, while many altcoins are seriously lagging behind.

So, I have a simple question 🙋.
How do you feel being balls deep in altcoin investment, when bitcoin alone is rising?
Do you feel like selling your alts and fomoing into bitcoin, or do you just hold, patiently waiting, believing that alt time to rise will come?

Lets discuss...

Topic: How Does it feel to be Balls Deep in altcoin, when only bitcoin is rising? (Read 316 times)