Recently, crypto analyst and influencer\u00a0Ben Armstrong\u00a0talked about his \u201ccrypto end game for altcoins\u201d in a\u00a0video\u00a0released on his very popular YouTube channel \u201cBitBoy Crypto\u201c.<\/p>\n
Armstrong started by saying that the U.S. dollar isn\u2019t going away any time soon and that selling crypto is sometimes necessary:<\/p>\n
\u201cThe dollar isn\u2019t going away any time soon. A worst-case scenario of hyperinflation is possible, but it isn\u2019t likely. This means the crypto system is not replacing the dollar in the next year. Ten years down the road, who knows? But for now, it just simply isn\u2019t happening. You know those bills that you got? Well, they have to be paid with cash.<\/em> Most of you aren\u2019t in a position to play a long game and accumulate crypto indefinitely in hopes that it totally replaces our financial system one day.<\/em>\u201c<\/p>\n He next said that it is important to be clear about which cryptoassets you are going to hold long-term no matter what happens to the price and which cryptoassets you are willing to let go in order to make short-term profits.<\/p>\n In his case, he plans to hang on to the majority of his holdings in Bitcoin, Ethereum, Cardano, Chainlink, and (possibly) Polkadot. He is also going to try to increase the holdings in these cryptoassets if\/when good opportunities arise.<\/p>\n Armstrong went on to say:<\/p>\n