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<blockquote data-quote="redbeard" data-source="post: 1273464" data-attributes="member: 6466"><p>Teeka is the last person to listen to, he's been yelling "buy alts" for the past 2 years.</p><p></p><p>Alts are still *extremely* correlated with Bitcoin and although there are outlier pumps where you'll find alpha, it's not worth the time and risk.</p><p></p><p>Liquidity is king especially if you want "stealth wealth." What good is buying alts if you can't sell them? Interest in alts continues to decline. What do you do when volume shrivels up over the next year and you're left holding the bag?</p></blockquote><p></p>
[QUOTE="redbeard, post: 1273464, member: 6466"] Teeka is the last person to listen to, he's been yelling "buy alts" for the past 2 years. Alts are still *extremely* correlated with Bitcoin and although there are outlier pumps where you'll find alpha, it's not worth the time and risk. Liquidity is king especially if you want "stealth wealth." What good is buying alts if you can't sell them? Interest in alts continues to decline. What do you do when volume shrivels up over the next year and you're left holding the bag? [/QUOTE]
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