Post
Topic
Board Speculation (Altcoins)
Re: Has alt season started?
by
PuertoLibre
on 20/11/2019, 12:27:21 UTC
alt season has not yet begun and although this year there has been an increase but it is only a temporary recovery which in fact this year's trend has also improved compared to the previous year, so with this slight recovery will at least motivate many updates that might be better in the year ahead until it might have a more positive impact which in fact alt season is expected next year
There are many different predictions about the altcoin season but it is likely that the market will move to a new phase in 2020 and this is a very good opportunity for you to consider investing now. One way or another, you have to always manage your assets and allocate your capital appropriately because the big fluctuations will certainly affect your profits a lot.

Everyone has a different view of the market, last year when the price of altcoins going down, we might see a better improvement in the year 2019. In 2019, the same thing is repeating which we don't have any clue and start to think about 2020 will have a bright future for altcoins. Before predicting anything the price of Bitcoin should increase otherwise, it is impossible for the altcoins to increase their prices.
Every year is a different time for the financial markets, the crypto market cycles are not an exception. When the prices go down due to the general market conditions, the altcoin's price lags behind the BTC market trend. The last years were the middle of the bear market cycle IMO and the next year predictions are based on air which we don't use in the investing. The wise investors already have reserved their place for the altcoin rally party and the party will end when the music stops.