And still the "dump BTC for ETH or XRP" pump trade continues.
Gosh do they want people in anything *but* Bitcoin so badly...
I wonder why? Smells like 2017 all over again...
Pity for the n00bs and more pity for those who already been in the situation and made gaines, though those people before (also some of my friends) "made gaines" but also choked themselves in the altcoin-koolaid and never took the BTC profits always thinking it will go higher it will sustain etc... So the profit they should have taken turned around in what altcoins true meaning is designed for "Not for making BTC, but its to take away peoples BTC"
Few understand this. But also friends of me right now... have rallied MAXIMUM profits with like ADA for example, it rallies so good that they now think its a good coin while its a shitcoin which is becoming more and more a bigger shitcoin over time and just rallies on the hype etc ... Some have to burn themselves more as one time I guess ...
The sign of the times is that people get excited by the
new shiny things..in 2017 it was eth and xerp, now a-coin, d-coin, u-coin, l-coin.
For some, the gains are spectacular (currently). However, we know how it all ends-in a vast under-performance vs btc when the bear market ensues.
All in all, they are oscillators (have been so far). A-coin that you mentioned was the biggest oscillator of them all-lost 98-99% in 2018-2019.
IMHO, it will lose 90% at some point again, the question is-from where?
I never sell btc for any alt, but dabble using fiat. Not buying now.
The difficult art to master is when to sell.
It's easier with bitcoin-I never sell any more, just buy+accumulate otherwise.
Worst I have been hearing lately was when some friends still holding XRP, sold there shitcoin when the lawsuit was there, I said to surely sell, lot of them did .... Later on they told me why did we sell we said it was gonna pump etc LoL, they still like the XRP performance while its still half in FIAT terms from ATH and I don't know how ad against BTC, ofcourse they only watch against USD but really LoL.... They really think its performing good and they just wanna believe its a good coin cause its cheap in FIAT terms, only around a buck ... pfff n00bs, n00bs everywhere
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