Post
Topic
Board Altcoin Discussion
Re: waiting for altcoin season might take time
by
Viscore
on 23/08/2019, 22:44:28 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.
Smart people does not panic even altcoins still did not show signs that it will recover this year.
They will take this opportunity to buy because as the shit coins are going down or dead already, the strong altcoins will remain in the market to compete and because they survive that means they have a chance to pump in the future, provided the altcoin season will again come.

When we say of future, there is no specific time on that, it could be 5 or 10 years, that's long but we have to deal with it.
Now, it's up to us if we are willing to wait for that long but since we have our own prediction, we should stick to what we believe but at least we should be ready if our prediction will not take place.