in fact, so far, when bitcoin prices have risen, altcoin has not experienced a quick recovery, and when bitcoin prices have fallen, altcoin has fallen steeply. this proves that the price of altcoin is quite slow to recover this year.
Until now, I am still holding back some altcoins that I think have potential. it's just that, I started thinking that I would convert it to bitcoin when I had the chance to. but, I will try to hold it until the end of the year.
finally someone who understands except the word recover. its the opposite. its not a recover, its already a blind sellout.
be smart people and see reality in the eyes. this price development is not a good sign at all.
go at worldcoinindex.com and see the growth of btc now its like 1,61 percent. many alts are not at the same level or above it. most are below that level
the price in sats has fallen even if there is a green rate above zero percent. the price in sats stays only the same or gets bigger when its also at 1,61 percent or above that rate. otherwise the price in sats get lower. you cant blame it on the projects, there are also many good projects.
the alt market is mostly controlled by the emotions of btc price influence.
remember that drop yesterday? it was like -6 percent. many alts fell even more below that rate.
slow "growth" big fall = price in sats always gets lower even if btc rises. its not win win its loose loose.
be careful people.