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I am just not that excited about buying here

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by COINS NEWS 63 Views

Was loading up heavily on BTC in the 60k range and even caught some in the high 50ks.

I kept a large stack of cash in reserve for this fall but at these prices I'm just not really that excited about making a big move. BTC is still trading above 75k, sure it's a solid place to just throw in some regular dollar cost averaging purchases but I just can't see unloading the clip here. ETH is also at around $2500 and trading above .03 to BTC, in 2021 it peaked at .085. Even Solana would only be a 3x move from here with comparison to BTC if it hit it's 2021 peak, and that is BEST case scenario unless you expect that to go beyond this instead of having diminishing returns. I just cannot really see a reason to get over excited on ETH or Sol and would rather just buy BTC and/or just speculate on smaller cap alts for shorter term swing trading opportunities.

SOL to BTC: Solana Price in Bitcoin | CoinGecko

ETH to BTC: Ethereum Price in Bitcoin | CoinGecko

Hoping we get a big sell off over the next month or two to make some big purchases, but right now I'm just sitting with the positions I currently have.

submitted by /u/ubermensch1001
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