ALTCOINS/OTHERS dominance going to 30% - Sell ALTS January 2023
For all the BTC maxis, can you tell me which way the long term trend is going for ALTS dominance?
Yes, the ALTS have had major crashes vs BTC & ETH but since 2014, the trend is pretty damm clear. It's up.
Holding ALTS long term has been a good idea vs BTC.
You just need to pick the RIGHT ALTS.
That's not that easy.
The large caps might be safer bets.
Individual ALTS Moon and crash and disappear quickly, but the OVERALL ALTS dominance has been growing since 2014.
So maybe holding a BASKET of ALTS is the best idea.
Diversify into multiple ALTS.
We are touching the historic trendline.
It's VERY likely we get a bounce from here from 11% to 30%. 3x in dominance. About 150% increase.
That's a pretty incredible BULL RUN if you ask me!
I'm bullish on ALTCOINS if it wasn't clear.
Yes, the ALTS have had major crashes vs BTC & ETH but since 2014, the trend is pretty damm clear. It's up.
Holding ALTS long term has been a good idea vs BTC.
You just need to pick the RIGHT ALTS.
That's not that easy.
The large caps might be safer bets.
Individual ALTS Moon and crash and disappear quickly, but the OVERALL ALTS dominance has been growing since 2014.
So maybe holding a BASKET of ALTS is the best idea.
Diversify into multiple ALTS.
We are touching the historic trendline.
It's VERY likely we get a bounce from here from 11% to 30%. 3x in dominance. About 150% increase.
That's a pretty incredible BULL RUN if you ask me!
I'm bullish on ALTCOINS if it wasn't clear.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.