Buying altcoins? Why?
(The short version)
Because there is not much capital available and savings plans are not possible with the current income.
Instead of plunking a 4-digit sum into some ETF or sinking it into shares, I'm relying on the naivety of my generation of investors and the value (lol) that the coins are supposed to have in a few generations.
So the active strategy is:
Take advantage of the market phases in crypto and actively trade (buy/sell every few months).
Would also have worked with $BTC (-2.18%) but when the strategy was created a few years ago, the movements in altcoins were more pronounced.
You're always smarter afterwards.
I am still slightly negative in the current position due to early entries this year, but today it looks good on the home screen.
$ATOM (-2.02%)
$GRT (-0.31%)$LINK (+0.3%) BRRRR TO THE MOON and all that