When Btc Goes Up Should I Sell Alt Coins

Last Updated on January 24, 2024 by Paganoto

Is it too late to sell my altcoins for bitcoin? – Quora

I would wait until around $8,000 to sell all of my altcoins, because they still get lots of additional profits while Bitcoin also goes up.

Should I sell all of my altcoins and just invest in Bitcoin only?

Yes, because 50% of altcoins are negatively correlated with the Bitcoin price, because they have weak fundamentals and can’t really get investors on board.

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Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.