10-06-2021, 09:49 PM
This is the worst time to sell your alt coins for bitcoin
<!-- SC_OFF --><div class="md"><p>As the title says this is actually the worst time for you to sell your alt coins for bitcoin. BTC has pumped almost 24% in the past week. Bitcoin dominance has jumped too, currently sitting at 42.62%. If we look at the past trends, when bitcoin makes a move, usually alts dump on their BTC pairs while maintaining the USD value or sometimes dumping on that pair too. Once Bitcoin is done moving, it stabilizes at a certain range and lets alts run. The first alt coin which usually moves is ETH and all the others follow it. So if you're thinking about selling your alts for BTC in hopes of catching a further 5% pump, think again. ALT/BTC pairs are currently bottoming and have way much more room to run.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Faze-Cumshot"> /u/Faze-Cumshot </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q2glxa/this_is_the_worst_time_to_sell_your_alt_coins_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q2glxa/this_is_the_worst_time_to_sell_your_alt_coins_for/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As the title says this is actually the worst time for you to sell your alt coins for bitcoin. BTC has pumped almost 24% in the past week. Bitcoin dominance has jumped too, currently sitting at 42.62%. If we look at the past trends, when bitcoin makes a move, usually alts dump on their BTC pairs while maintaining the USD value or sometimes dumping on that pair too. Once Bitcoin is done moving, it stabilizes at a certain range and lets alts run. The first alt coin which usually moves is ETH and all the others follow it. So if you're thinking about selling your alts for BTC in hopes of catching a further 5% pump, think again. ALT/BTC pairs are currently bottoming and have way much more room to run.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Faze-Cumshot"> /u/Faze-Cumshot </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q2glxa/this_is_the_worst_time_to_sell_your_alt_coins_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q2glxa/this_is_the_worst_time_to_sell_your_alt_coins_for/">[comments]</a></span>Kind Regards R