Why are altcoins suffering?

Altcoins are going through a tough time due to something called BTC dominance. Right now, Bitcoin holds 61% of the market capitalization, but it's only a matter of days before a large part of that capitalization begins to migrate to the most important altcoin: Ethereum (ETH).

When ETH reaches all-time highs, money will start flowing into other altcoins, causing price explosions. This has always happened in the market, and this time will be no different.

My advice is to prepare yourself mentally: What actions will you take when your portfolio grows by 100% in a single night?

• Do you already have your selling points defined?

• Do you know what percentage you are going to sell?

Because if your plan is simply: "When it goes up, I sell," you will be part of the 95% of people who end up selling everything at the worst moment.

Get ready. Having a clear plan makes the difference between success and failure.