Take profit now, and invest in a house, or land, or buy some bluechip stock on a dip.
Sorry, the best I can do is make some bids on Heloise and continue buying A/B/U gold foils. I won't be selling any gains until March, when I think we will hit our first relative cycle top.
why every crypto is still priced in USD?
I believe it is priced in USD because it is currently the world reserve currency. Of course, people can compare crypto to their local currencies through different software and exchange platforms. However, I know plenty of crypto traders who don't price things in USD, and instead look at how the alt coins trade against BTC.
This is quite a telling metric, especially when it comes to alt season to see how certain cryptos are faring compared to the alpha asset, BTC. So far, a lot of the L1 proof-of-stake networks have seen their blockchain tokens rise: XRP, BNB, SOL, AVAX, ADA, ALGO, POL, etc.
I don't trade much with small/micro cap tokens besides $SPS and $HIVE anyways, and even those two, I get them mostly by earning and not buying from the market. Thanks for your advice and for tempering all the jubilation. Taking profits is always an important part of any bull cycle. I nailed it spot on in November 2017, but I definitely let it slip a bit this last cycle in 2021. At least this last bear market I was DCAing into BTC from $16K all the way up to $100K. Keeping that part automated so I don't do anything silly!
and why is that? Not only it is the world reserve currency, but also it is most popular, and that is why it is the reserve.
It is interesting to compare BTC price vs. Gold price as inflation-resistant stores of value. When Trump turns on the money printer, we will see both of these assets rise because the USD is getting weaker. That is the intrinsic value!