Post
Topic
Board Altcoin Discussion
Re: waiting for altcoin season might take time
by
Distinctin
on 23/08/2019, 22:33:01 UTC
I believe it's coming very soon. That's why I'm accumulating more alts, mostly HOT, TOMO, OLT,...
I think that you should pay attention to coins that have low capitalization. I am buying coins with a capitalization of up to 60 million dollars.
That's a good range, altcoins dropped an average of 10 times from their highest marketcap, so they are undervalued now.
In the past, if I see a coin with at least 500 million usd marketcap, I also consider it a good coin as long as it has a good liquidity as well, but due to the bear market, most of them dropped significantly, so they are only holding now at 50 million usd and below.