hello all! i know it's biz but i try to start a thread where we can talk about if it's better to be in alts or btc right now in a serious way. looking forward to your thoughts and opinions. a friend.
BTC or ALTs?
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tradingview.com
tradingview.com
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Yes
anyone?
Sounds good.
not too sure, but as soon as BTC hit $8k people went in altcoins a bit it seems
Go on tradingview and check ALT-BTC longs. Right now they are being crushed while ALT-USD longs are mooning. Until some steam flows back to ALT-BTC longs you want to be all in BTC. Once longs return switch to your alts.
Example here:
> [Longs at 7 month high] tradingview.com
> [Shorts at all time low]: tradingview.com
alts
btc has zero use cases, probably won't disappear but it will not outperform anything
exactly. thats the problem
from a technical perspective alts are a better buy
from a fundamental perspective this would be playing with fire, as an etf approval could blow you the fuck out any day now
not quite sure how the sec does things so maybe another user can shed some light. do have certain days where they announce things or is it random?
This is exactly the conversation that needs to be had.
Are people selling alts into BTC to have a larger % of portfolio in BTC for larger exposure to potential upcoming bull run?