Hi there
I just registered to this forum in order to participate to this conversation which is surprisingly consistent ater 260 pages of posts
I would like to ask your opinion about the following. Having entered the market recently (about 3 months), I'm actually wondering if it is really time for accumulating. It seems to me that the entire crypto market is in a bubble, and that most of alt coins are highly overrated.
Therefore I'm really wondering if/when the bubble will pop, and if it happens then it would seem the right moment to really accumulate.
Very curious about your thoughts !
I just registered to this forum in order to participate to this conversation which is surprisingly consistent ater 260 pages of posts
I would like to ask your opinion about the following. Having entered the market recently (about 3 months), I'm actually wondering if it is really time for accumulating. It seems to me that the entire crypto market is in a bubble, and that most of alt coins are highly overrated.
Therefore I'm really wondering if/when the bubble will pop, and if it happens then it would seem the right moment to really accumulate.
Very curious about your thoughts !
I completely understand your view. I frankly am not sure if I were new to crypto if I would heavily invest after this amazing 18 month run. But I do think you need to have investments in crypto regardless. Bear markets in the grander scheme of things do not last very long. It is entirely possible that you see a correction as much as 75% on any crypto, however, for the top 10 coins I think that correction only last 6 months max before you return to profitability.
What I am doing and have done is diversifed the percentage of my portfolio into Crypto that I could personally tolerate knowing I was in it for the long haul (5 years), 30% of my crypto holdings are typically in some alt or another. Then buy monthly at those same ratios what I could afford. Continue for 5 years and retire. I figure I have a couple more years before I retire as I have been doing this for three years.