Should I buy #Altcoin yet?
In my opinion, not yet. Currently, #BTC has reached a new ATH, but Altcoin is still not active and lacks growth momentum. In the case of a market profit-taking, if BTC adjusts, then #Altcoin could drop even deeper. According to Glassnote's data, the percentage of Bitcoin that is profitable right now is 98%-99%, and in my view, the likelihood of profit-taking is high. My strategy now is to sell BTC at #DCA , increase the amount of #usdt held, and wait. Tomorrow BTC might reach 200k$ , but taking profits to hold cash is how I manage risk. We won't know where the peak or the bottom is until it has already happened...
In my opinion, not yet. Currently, #BTC has reached a new ATH, but Altcoin is still not active and lacks growth momentum. In the case of a market profit-taking, if BTC adjusts, then #Altcoin could drop even deeper. According to Glassnote's data, the percentage of Bitcoin that is profitable right now is 98%-99%, and in my view, the likelihood of profit-taking is high. My strategy now is to sell BTC at #DCA , increase the amount of #usdt held, and wait. Tomorrow BTC might reach 200k$ , but taking profits to hold cash is how I manage risk. We won't know where the peak or the bottom is until it has already happened...