simondixontwitt on Nostr: Yup. Unfortunately we lost 10% of our recovery in timing alone as #Bitcoin dominance ...

Yup. Unfortunately we lost 10% of our recovery in timing alone as #Bitcoin dominance went from 40% to 50% in the time it took #Celsius to realize this is a good idea. Also liquidity is lower for Alts now than it was & they announced the day of the trade to allow others to dump, but something is better than nothing at this stage.

Quoting @epoepo111:
Okay, Thank you so much for the explanation Simon. Happy they convert all to BTC and ETH although unfortunately much later than you recommended. Then higher BTC prices will not have such a huge impact on recovery after this conversion is done.