risky
Trader Prefers Bitcoin Over Altcoins to Avoid Boredom and Volatility
If I were to buy altcoins like Atom, TRB, and others, I would be stuck for months, just fluctuating up and down or hovering like in Atom for already a year. But I trade Bitcoin, which sometimes moves in line with altcoins, as recently with TRB, and I exit profitably. Sitting around waiting for altcoins and buying every bottom is terrible and boring!
Source available for registered users Sign Up Free
AI Analysis
The opinion highlights a common sentiment among active traders regarding the volatility and stagnation associated with altcoins such as Atom and TRB. These altcoins tend to experience prolonged period...
AI Recommendation
For traders who find altcoins monotonous and unprofitable during their stagnant phases, focusing on Bitcoin or other highly liquid cryptocurrencies might be a better strategy. The increased volatility...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
trade
buy on weakness