Another drop in crypto where Bitcoin's dominance holds strong! What am I watching?
✅ETH below 2,000 $ interests me again for long-term accumulation
✅Altcoins I said about 3-4 months ago that I would no longer accumulate unless they capitulate vs Bitcoin towards the bottom zones of 2017 and 2019-2020, but why?
🚨NOT because Cowen said so, who is super bearish on alts and has been wrong in the past, but because I am overexposed in altcoins and even if I were to do DCA at better prices, I would significantly increase my investment in ALTS which I do not want at the moment. I have increased it in ETH. And I have 2 options:
🛬1. We get there:
• I have altcoins at ridiculously low prices and I pull my average down nicely, without having done slow DCA for another 3-9 months and continuously adding money
🛫2. We do NOT get there
• I stay with what I have accumulated and have "missed" some better entries without increasing my risk in alts, I am satisfied either way!
🎺Make your own plan and don't let influencers "manipulate" you so you can later blame them, take from each what suits you, based on your thinking filter and the level of trust you have realized over time you have in each coin. We all made mistakes, the important thing is how we adapt to these mistakes!🎺