I have been checking out a few altcoins for investment, like Spectrecoin and Shia coin (and a few others) and it seems they all have started to rise. I am waiting for my funds to arrive in Kraken and I am a bit worried that we will see a nice upwards movement of altcoins since the bitcoin price is not moving much right now.
Is this the start of the a bullish trend for altcoins many where hoping for, or is this just a temporary consolidation because of bitcoin not rising for the moment? Will the altcoin market gain momentum, what are your thoughts?
Everyone was so worried about the dump of the market value of altcoins and now its time for uptrend!
And it's gone. I think for people dealing with alts, either you hold for the long term or be contended with 5 to percent profit at this kind of market because it doesn't seem to be going on a sustained pump anytime soon.