MultiversX Tracker is Live!

The Big Q: When to start scaling back into altcoin picks?

All Cryptocurrencies

by COINS NEWS 94 Views

During the bear market you tend to find the best chances of getting huge explosive 10x, 20x, 30x or more returns on investment. The life changing stuff that got most of us into crypto.

But... alts are also at a very high risk of going further and further down during a bear, or honestly in any market. It's very much a question of risk/reward.

Thoughts? What's your plan? Just BTC + ETH for now/until an obvious return to a bull? What are you waiting for to start "risking on" again? Are you already stacking alts?

Many I'm sure are inclined still to just keep buying less risky BTC and/or ETH, & play it safe after a long and hard winter. Maybe they're right to... especially if they're passive long term investors.

But I suspect if/when things start heating up again in crypto many will succumb to the fomo that will bring, and wish they started scaling in to those alts sooner.

There's much money to be made in acting ahead of the crowd. But when is the right time for that risk?

submitted by /u/millennial-snowflake
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments