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#THIS IS A REMINDER
many of us might be tempted to jump on alt coins fueled by stats and charts. Don’t do it guys. Trust the BTC.
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View Reddit by boring–planet – View Source
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Don’t fall in the alt-trap, stick to the champion
I converted all my alts to BTC 6 months ago and have no regrets. I’ll admit though I recently thought about allocating some of my DCA into alts, so thank you for this reminder 😆
Everyone needs to be scammed by alts once or twice to become a maxi.
It’s ok, just let nature do it’s thing, teenagers always want to push back against their Daddy, it’s natural.
Yep been there and got the shitty t shirt to prove it.
I’d be considerable richer if I listen to that advice between 2015 and now.
Live and learn I suppose.
Stick to hard money not Fiat in disguise.
This sub is odd sometimes lol
I don’t think we’ll see an alt bull cycle in the same magnitude as previous cycles. Ginsler proclaiming that everything not bitcoin is considered a security is a fundamental and existential change from previous cycles. There is now the very real threat that all alt coins will be forced to comply with KYC or be delisted in the US. Until there is regulatory certainty, BTC is the only investable crypto asset.
I don’t see a problem with moving a portion of your stack to alts at opportune times based on the charts, as long as the end goal is to just take advantage of them stack more BTC.
Holding them them long term? Hell no, obviously stick with the king. When it comes to alts, use ’em and abuse ’em to increase your sats position if you like.
Or not, just holding BTC is great too.
no one went broke taking profits in alts.
Wrong sub.
Good reminder. Thank you OP