Panic among altcoins, while Bitcoin stands still...

It gets very clear on bearish days like yesterday, that Bitcoin is something else than the rest of the cryptocurrencies. So, while everyone were shouting and screaming in fear, Bitcoin was standing still. This was easy to notice, and the famous Edward Snowden even wrote a tweet on the topic.

So, Bitcoin is much more stable and safe than the very volatile altcoins. That is why I recently wrote about my strategy of taking profits, not only in USDT/USDC, but also in Bitcoin, because I believe it to be much more stable, with a very bright future.

Of course, it is more fun with the altcoins as they pump, but at the same time, it gets much more brutal when the market turns red. Yesterday, Steemit moved between $0.37 and $0.23 on Binance, and right now, it is trading at $0.28. That was one crazy ride, and if anyone was able to do some quick trading, there was lots of profit to be made.

I didn't, and I don't regret it, because I would most likely have lost just a lot of money in the process (because I wasn't ever very lucky doing day-trading).

Take care everyone, and walk with wisdom!