💥💥IN YOUR ACCORDANCE, IS THIS DECISION RIGHT OR WRONG?💥💥
🤔A big guy I know just decided to restructure his investment portfolio. Specifically, he sold all the number $ETH stored in his wallet, to switch to holding altcoins in Ethereum Ecosystem, Solana Ecosystem and $BTC .
The reason he gave is that this market only has 2 choices: Bitcoin and Altcoin.
👉With Bitcoin, this is a safe choice, expect x2 x3 when the cycle peaks. Therefore, the capital for Bitcoin is enough to "carry" the entire safe investment in the portfolio. In fact, Ethereum's peak is only expected to be about x3 from this price, so why bother holding ETH when you already have Bitcoin???
👉With altcoins, this is a high-risk, high-return option. Investing in altcoins is to expect x5 – x10 from the entry price. So why hold more ETH when it cannot meet profit expectations?
💥In other words, this person's opinion is that ETH is neither as safe as Bitcoin nor as profitable as altcoins.
=> NOT NECESSARILY IN THE LIST!! 😅😅
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I am the one who always advises you to diversify your portfolio with Bitcoin, Ethereum and favorite altcoins. However, when I heard this person's explanation, I found it absurd... but very convincing. 🤡🤡
👉In your opinion, is the above strategy of not holding ETH really suitable for the current market? If it were you, would you imitate this method?