Holding Bitcoin now isn't such a bad idea when the dominance keeps growing. You should monitor the BTC/alts -chart and when it tops, move BTC to alts. Another way is to swing trade alts with a relatively large portfolio. Takes time but there's always one or two moving up and by swing trading and rotating within your portfolio, you can mitigate the downside while growing alt bags.
Alt season feels like a myth.. waiting for it since last year
It's coming, that's for sure. In this crypto space, you just need a lot of patience, fren! 🙂
It's because BTC is dominance is so high, atm. But it will top at some point. My guess is we have to wait until Q1 next year for alt season to start.
i know how dominance work.. the point is, holding Altcoins instead of bitcoin is more like shooting yourself a bullet on head..
Alt season feels like a myth.. waiting for it since last year
Holding Bitcoin now isn't such a bad idea when the dominance keeps growing. You should monitor the BTC/alts -chart and when it tops, move BTC to alts. Another way is to swing trade alts with a relatively large portfolio. Takes time but there's always one or two moving up and by swing trading and rotating within your portfolio, you can mitigate the downside while growing alt bags.
It's coming, that's for sure. In this crypto space, you just need a lot of patience, fren! 🙂