A few weeks ago I wrote a post about keep a portion of your portfolio in Bitcoin to act as a hedge against Alts. I took a lot of flak and had people point out that could get lot bigger gains just holding Alts. I understood this fact but was also aware of the fragile relationship that Alts have with btc.
Here we are today bitcoin has run up and the sats if these alt coins have taken a beating. Furthermore if btc dumps 5-10% you can rest assured Alts will go even further into the whole.
So I Reiterate. It is pivotal to hold a portion as btc because basing your trades in fiat will more then likely result in a loss. If you have any questions leave a comment below.
