I'm switching almost all of my shitcoins to BTC.
Bye bye altcoins
So you finally decided you want consistent gains, over a hypothetical moonshot. That's the path of true strength.
chainlink $1000 eoy
Wise choice
Alta finna get murdered
Remember when it was hard to find something below 100 sats on binance? Seems like it was yesterday
>Retard finally decides to be in btc after a 90% loss
Time to buy altcoins. Always do the opposite of what dumb traders do.
Sometimes you gotta cut the cord even if it hurts. I'm about to.. Despite being down 86% in 4 months. I just can't take another drop.
Sadly yes, i have to surrender to that scenario.
Me switching is the only way to get those shitcoins moon and BTC fall to 22% dominance.
Should have done it a long time ago. I'm mostly BTC with a small flyer on smart contract tokens once in a while. My $500 in BOMB early doesn't bother me if it goes to 0 because I have BTC. $500 cashed out at $10,000 for more BTC, ETH and now some of that ETH into SHOCK. just keep your shitcoin portfolio under 15% of your total crypto and a moon here and there gives you profit in sats. Control your spending. Or go in heavy only on projects you can tell are better than the rest.
I did this yesterday and I've already got burned.
>capitulation
time to buy altcoins
Please don't, buy more BTC and die with me.
next alt season starts at 20k BTC. majority of alts still have another 50% drop in sats to go
This is the likely bull scenario. Last season we had to wait until a 6 months after BTC halved. That would put alt season at 2021.
Markets get silly at the end of bull runs. That's when dumb money floods in and Alts pump.
> 1 case in the past
"that's when"
>Judging the outcome of a trade after just a day
You need patient to make money. You need to understand DCA. Alts are obviously a better investment right now. BTC dominance has been going up for well over a year. It will fall eventually, and that can happen really fast. Btc dominance could easily fall back to 30% in a single bullish week.
I don't ever trade, it's hard not to look over charts after one has been done. You are right that I should have DCA'd.
Exactly this. BTC dominance rises slowly but falls like a knife. You can't time this market and dca into alts above 50% dominance is the way to consistently make massive gains.
Next level is 80%
shut the fuck up gay alien
If we went back to 90%, which could happen, it would only take 6 months, maybe less. at the rate BTC dominance is moving.
be careful listening to these guys, they've only been around since 2017. That's why they're expecting alts to run but 2017 is 2021 in this btc halving cycle. I would love for alts to pump because I can't help myself but all alts wont pump until right before BTC crash. that's 3 years away.
dr;ns
Good choice, your future self will thank you for the pain of today.
US traders exiting binance with btc is the only reason btc dominance is so high. Amirite?
It's fucking cyclical. Every 4 years BTC halves supply, BTC does at least 10x after that. In the last year of BTC's bull run Alts go silly. You guys had 6 months of alts gaining and you expect it to always be like that. You all thought NANO would overtake BTC in 2018 too. It's not about fees or TX times. It's so early that none of that matters more than supply vs demand and security