King Bitcoin Gave The Altcoins a Chance to Recover Over the Last Two Weeks.

I wrote a post entitled, "The Bitcoin and Crypto Currency Rubberband Effect" five months ago. I said, "Altcoin fever sets in when Bitcoin volatility gets boring." Well this is what has happened over the last 10 days.

Randy is the Altcoin Run Coming to an End?

I don't know and it is likely going to continue for a little while longer. No one has a crystal ball in Crypto. Hell, I sold my BTC to altcoins back when Bitcoin hit $9k because I thought $10k would be the top. Yesterday I broke even in BTC terms. If I would have sold at $18k I would be up huuuuuge!

What I am Doing With My Altcoins and Bitcoin Now.

As you saw in my post, "Bitcoin - You Are Here." I have recently converted to the HODL system of crypto investing. Over the last 10 days many of my altcoin investments are up 50-200%. So, what I have done is take out my profits and keep the profits in Bitcoin. What remains is the altcoins that remain after the profit taking. I literally own those at zero cost. Now, if Bitcoin moons again I will benefit and I won't mind if my altcoins lose against Bitcoin until the next time the pendulum swings back to altcoins.

Never Forget That the Pendulum Always Swings Between Bitcoin and the Altcoins.