Is it safe to go all in on cryptocurrencie now.. Have we bottomed??
Investing in Bitcoin is the best investment you can have this days but it's not advisable to go all in your capital into Bitcoin.
We have to take advantage of the BTC dominance where most of alts follow the price movement of Bitcoin. To make this, we have to diversify our capital. Instead of investing into Bitcoin only, diversify your capital to invest also in other alts.
Why we should do this? It's because the volatility of Bitcoin is so low which means it takes more time to double your investment while if you invested in legit alts, you can double your investment easily because of high volatility.
But for me, base on my analysis in the market, it's not ideal to do this now because the retracement is not happening yet.
Bottomed already happened on Nov. 2022, and we are in a bullish market now.