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RE: BITCOIN (BTC) Buy Ladder Update: FOUR Rungs FILLED and Profitable! This is the Power of Laddering!!
So would you say that its a good time to be buying alt coins whilst they are in the red, as they should be rebounding soon ?
I'm laddering in and have been all day.
can you make a list of which coins to ladder in on? and what % of your portfolio are you putting into your alts?
So basically, instead of selling BTC. Buying alts would be smarter? even though BTC is about to dip??
As you can see from earlier post, I'm selling BTC for profit. I'm buying Alts for a swing.
The % allocations don't matter. Im laddering heavy into NEO, BCH, ZEN and others.
It's important to know that once BTC trend turns back down, Alts will follow.
so you're selling BTC for profits in USD.... and buying ALTS with USD? or using some BTC to buy ALTS?
Yes, I sell for USD cash. The deploy the cash to buy Alts. I rarely go from BTC to Alts. Trading fees are negligible.
How about Monaco? It had a bull run thanks to getting listed on more exchanges. I'm putting my money on NEO, MCO, WTC,SNM
@Haejin so once BTC starts to drop to bottom of wave IV ALTs will turn Phasic again and also drop (assuming they haven risen over next few days)?