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>when the coin is overvalued Or undervalued. If you are speculating on exchanges on a daily basis it doesn't matter but for long term holding, which is the eas
by HeadsUpHigh 6y ago
>when the coin is overvalued
Or undervalued. If you are speculating on exchanges on a daily basis it doesn't matter but for long term holding, which is the easiest strategy for most retail investors it's not a bad thing.
People who have been through this cyclic process already are looking towards the end of the current market run and are suggesting something like a 60% btc 30% eth 10% altcoins that might spike a lot for holding until the next cycle. Why? Because btc/eth are "stable", which in crypto terms they are. This is an important change in sentiment.
Don't forget that gold has different sell and buy prices to discourage speculating on it's pricing( just enough so that right about anything will outperform it in the relevant timeframes). It wouldn't be unreasonable for something similar to happen to asset types of crypto.