If it's other than BTC, then ETH and BNB come first after BTC of course. I'm not going to take too high a risk, because with all the analysis I've done, these two coins are still my personal favorite.
This is a very good opportunity for us to accumulate more in our wallets. We have seen the price spike recently and it is enough to make me smile to see my portfolio also following the spike.
Actually there are a few new projects that I see promise of lately, but I prefer to focus on what I'm doing now which is DCA. Because BTC is more promising for us to collect as much as possible.
Besides there is not much of a reason to decide to invest in those coins right now, yes you could get in very early and make more money this way, but what are the chances this will happen? Not very good if you ask me, it is better to take the safer approach and invest in good coins, then later on once we are finally immersed on the bull run you can decide to speculate once you have obtained massive profits from those investments, as you will be playing with free money at that point.
So from that, even though I did see some there, I discouraged my intention to return because regardless of the conditions, it was a little difficult if I really tried my luck with some projects that were unclear and new.
We know that bitcoin is a sure thing and it is a fitting goal, regardless of anything there is no doubt there.
If it's other than BTC, then ETH and BNB come first after BTC of course. I'm not going to take too high a risk, because with all the analysis I've done, these two coins are still my personal favorite.
This is a very good opportunity for us to accumulate more in our wallets. We have seen the price spike recently and it is enough to make me smile to see my portfolio also following the spike.
Actually there are a few new projects that I see promise of lately, but I prefer to focus on what I'm doing now which is DCA. Because BTC is more promising for us to collect as much as possible.
Wouldn't you want to accumulate a more promising altcoin for a bigger pump during a bull market to cash out for btc if that is your goal as then your returns would be higher in btc value?
No, I basically don't really like the pump and dump system in altcoins. On the other hand, the current conditions, regardless of anything, I don't really believe in the many altcoin projects that exist apart from those I mentioned earlier, so why bet with some new projects. Even though this is indeed about risk, we also have to be able to see that what we do in crypto is trading and investing, not gambling.