There's a real smell of burning in the crypto market. The media is starting to talk about Bitcoin, many new players are entering the market, and a friend asked me yesterday, 'Do you think it's a good idea to invest in Ethereum?' That's when I knew it was time to start getting out of the market.
So, here's my opinion, the same one I gave to him and applied to myself: it's not the right time to enter the market. I've sold 60% of my altcoins, and I'll continue if the market keeps heading in this direction.
Everything is moving too fast, too strong, everyone is making money: too many people are making money. There will soon be a huge crash in the market and a lot of players will exit, probably a -25% or -30% on Bitcoin, and a -40/-50% on altcoins. It hurts, it's tough, but it's necessary.
What I recommend: sell a reasonable portion of your altcoins, place buy orders at lower levels, and wait. This moment is not far away at all.
This post reflects only my opinion.
Thank you for reading.
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