When should you be in BTC and when Alts/DeFi (substituted by eth here)?
I looked at the prior crypto cycle when ATH of 2017 (All Time High) was hit and broke. We might want to be in Alts now in 2020/21 here at similar ATH and ride it up.
I don’t think Alts necessarily mean eth or old coins, but it is primarily DeFi - the current new paradigm/narrative. Old coins won’t pump as hard - they are the prior cycles narrative. Get into DeFi now (at btc ATH) to see this same effect. After the Alt bubble tops insanely, flip to BTC to ride out the longer boom another 3-5x.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.