Why I prefer ALTCOINS vs BTC for next couple months - My logic
Here's my logic
During next bull run, Bitcoin can go up 3-4x.
Good alts can go up 5-10x.
Even if Bitcoin increases faster in price at the beginning of the bull run, alts usually catch up and overtake Bitcoin at the end of the bull run.
Considering I want to hold and just wait.
I do not want to try to time the best time to switch Bitcoin for alts.
Let's say my objective is to reach $20,000 and I'm at $7,500 now. I just have to 3x my money before selling out.
Doesn't it make sense to just buy ALTS at a good price and wait until I reach 20k$ to sell?
I feel like chances are higher to reach my objective with alts vs Bitcoin. No matter how long it takes.
I'll reach my objective for sure with alts.
It's not a certainty with Bitcoin, or it'll take longer.
What do you think?
During next bull run, Bitcoin can go up 3-4x.
Good alts can go up 5-10x.
Even if Bitcoin increases faster in price at the beginning of the bull run, alts usually catch up and overtake Bitcoin at the end of the bull run.
Considering I want to hold and just wait.
I do not want to try to time the best time to switch Bitcoin for alts.
Let's say my objective is to reach $20,000 and I'm at $7,500 now. I just have to 3x my money before selling out.
Doesn't it make sense to just buy ALTS at a good price and wait until I reach 20k$ to sell?
I feel like chances are higher to reach my objective with alts vs Bitcoin. No matter how long it takes.
I'll reach my objective for sure with alts.
It's not a certainty with Bitcoin, or it'll take longer.
What do you think?
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