

Certain altcoins like Solana and many meme coins have posted strong gains. During Altcoin season, Altcoins outperform BTC. So if we are now in Altcoin season, we can make more by increasing the percentage of Altcoins in our portfolio. The usual pattern in past bull cycles is for BTC to lead the way and for BTC dominance to grow. After that ETH will play catch up and other major altcoins will follow. Then money will flow to the small caps and meme coins. This cycle seems to be different. ETH and the large caps are lagging and meme coins have gotten a lot of interest. Normally people jumping into meme coins is a sign that the market is topping the bull cycle. π¦ We are still far from a cycle top and there is still a lot of room for cryptos to grow. BTC dominance is still growing. π¦ In my opinion Altcoin season has not really started. What do you think? How would you structure your portfolio in the near or medium term? I bought some Altcoins like SOL, ADA and AVAX recently. The latest round of correction has hit them harder than BTC. My holdings of these ADA and AVAX are now underwater. Looks like I went in too early. I will hold them and I believe that they will recover ππ¦
Do you agree that it is better to be early than to be late?
For example those who bought BTC at 30K suffered paper loss when the price fell to 17K. But compared to buying now at 65K, they saved a lot more than the interest on their capital.
Those who buy now at 65K or even at the recent ATH of 73K will be happy they bought at that price when the price of BTC has risen to 90K or 100K π¦