Hello, what do you think will happen in august ? Now is it a good time time to buy, I have some altcoin like exrnchain, eos, litecoin I think this will boom in august, what do you think ?
Hopefully mate, but in reality it's hard to expect. We all know how unpredictable is cryptocurrency specially bitcoin, because of its very high volatility of its market that can cause of the dump and rise of its price in just a few moments. But i'm still thinking positive about bitcoin and i don't lose hope with it, because i really believe on its ability to create a greater value in the future. And hopefully you too.
Yeah, when August comes we will get to see what happens but at this stage nothing is predictable. Although, I have the feelings that some altcoins are going to experience rally by August but I am not expecting there would be so much to expect with bitcoin but during this rally bitcoin might be in a short term uptrend and consolidation. Buying some of the altcoin with prospect now will actually be a superb move anyway for those who may be looking forward to at least compensate themselves with the current downtrend.