you should probably never hold a single altcoin position lon | AltcoinSherpa-1 no Binance Square

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AltcoinSherpa-1

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you should probably never hold a single altcoin position longer than 6 months (and likely even less)

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$BTC will have infinite bid and 99.9% of alts (specifically alt/btc) will be down only so why trade alts at all? because there are going to be ~20 alts (or less) that truly outperform BTC in short stretches. Find those

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Fartcoin: Although I like the current area for a local bottom, I'm not a huge fan of these wicks to the upside; would much prefer seeing those wicks on the lower end. Still chopping around this current area and hoping that the coinbase listing isn't the top (it often is unfortunately). Watching and waiting in active positions for now but still have a spot bag

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imo alts are NOT following btc in the short term bc this price action for $BTC looks inorganic (probably Saylor) and when it pulls back, alts are obv going to get hurt even more. waiting patiently myself

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Some different trades that I'm interested in (not in all of these, more watching): Fartcoin: In this for spot, watching on perps. Still in bulk of position and think we're going to go decently higher

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$ETH if and when we can get through this current area, probably looking at mid $3000s ish. I'm still bullish on ETH in the mid term to be honest; while I always think that ethbtc will be down only on higher time frames, there *should* be some rallies here and there.

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