My dear friends, how are you! I hope you are well, I am also Alhamdulillah. Guys we have seen quite a good dumping in the market today and bitcoin is currently trading above 99 thousand 3 hundred. Friends today we are going to discuss whether now is the time to take profit from alts coins or not. So let's begin-

See if we look at the last 2 weeks we can see that the last 2 weeks have seen a pretty good pump in alts coins, and since we are now at the end of the week this could be a very important time for alts coins. If you look further you can see that xrp pumped at the end of the week when it had a huge pump. But have you noticed that no matter how many alts coins have pumped so far, most of them have been large cap coins and most of them have increased by 2x to 3x.

---

Source

---

But we haven't seen much pump in mid cap or low cap coins yet Look whether it is large cap coins or low cap coins I think this is not enough but more liquidity will come in the market and all coins will pump more. Let me give you another small example, many people who bought arb at or around $0.6 are now in 2x or more profit. But, arb coin doesn't stop here, its price has a lot of potential to go higher. And also you have noticed that coins like manta, icp, ai etc. but we have not noticed huge pump in them. Especially like the trx coin. But here are some of the specific reasons why trx is able to show us such a big pump I discussed in a previous post You can come and see if you want.

Anyway back to the main discussion As we have seen a good pump in large cap coins but not in other cap coins So we can say that we saw some pump in alts coins but we did not see pump in all alts coins simultaneously. Which means we can expect that the alts coins in the market are still preparing for their pump. And we can expect to see a big bullrun in alts coins as well.

See, another reason for this is Bitcoin. You have noticed that the market dominance of Bitcoin is still pretty good. Which means that investors are still investing in Bitcoin but when we can see that the dominance of Bitcoin is slowly starting to decrease from the market then we have to understand that investors are now moving away from Bitcoin and start investing in alts coins. And then we can basically see the bullrun of real alts coins

---

Source

---

Guys last thing I want to tell you that I think you should not enjoy the profit of alts coins now you should wait for next bullran. But the thing to note here is that if you have bought earlier in bear market and you are in profit up to 5x then you can sell 20 to 30 percent of your total holding. Look guys I am not a professional trader so when you sell your holdings you must do your own research. So guys this is the end of today, everyone be fine.