Anonymous
ID: oOfRN9V9
6/12/2025, 11:30:00 PM No.60497145
Oh look, another day of traditional markets being up while altcoins are down big! For any people out there who are holding alts long-term, let me give you some advice: Sell your alts and swing trade triple-leveraged index funds (like SOXL/SOXS) instead. Just because you love a project doesn't mean you need to hold the coin. Here are some of the benefits:
* Higher liquidity
* No big fees on trades
* Easy to take either a long or short position
* Very tradable price action
Altcoins are not for buying and holding. While altcoins are usually going down (with just small spurts of upward movement very infrequently), traditional markets are almost always going up.
Who knows, maybe "altcoin season" is just around the corner, but think of the opportunity cost of waiting all these years for it while traditional markets keep grinding higher. Traditional markets have hit new all time highs frequently in the last year and a half; your favorite altcoin is probably still down about 70% from it's peak nearly four years ago!
I sold my alts eariler this year and now I actually make money and don't hate my life. Just something to consider; I guess you need to make your own decision. The universe is trying to teach you a lesson and you continue to suffer because you are being obstinate; altcoin markets belong to the bears. Accept it and don't fight it.
* Higher liquidity
* No big fees on trades
* Easy to take either a long or short position
* Very tradable price action
Altcoins are not for buying and holding. While altcoins are usually going down (with just small spurts of upward movement very infrequently), traditional markets are almost always going up.
Who knows, maybe "altcoin season" is just around the corner, but think of the opportunity cost of waiting all these years for it while traditional markets keep grinding higher. Traditional markets have hit new all time highs frequently in the last year and a half; your favorite altcoin is probably still down about 70% from it's peak nearly four years ago!
I sold my alts eariler this year and now I actually make money and don't hate my life. Just something to consider; I guess you need to make your own decision. The universe is trying to teach you a lesson and you continue to suffer because you are being obstinate; altcoin markets belong to the bears. Accept it and don't fight it.
Replies: