Post
Topic
Board Altcoin Discussion
Re: Which altcoins will grow in price faster if the market recovers?
by
BitcoinTurk
on 05/04/2020, 09:38:19 UTC
The fall of the crypto market has stopped. At least some altcoins have not fallen in price for several days and even show weak growth.
Everyone knows that the time of crisis is the best time to buy.
Before the strong fall in the price of Bitcoin, I sold my coins and then managed to buy them back at a much lower price. Now I have money left for additional investments and I am thinking of spending it on bitcoins to average out in case of a fall in the price or better to buy other coins. What kind of altcoins do you think will grow in price faster if the market recovers? I am more interested in your reasoned opinion than the name of a simple coin name.

Although it is difficult to make an exact guess and nobody knows the clear answer to this question, I want to make some recommendations. Undoubtedly, when the market conditions improve, the prices of many options that have proven themselves and have created bullish signals as price will move upwards. There are a few factors to consider when making the right choice, which is, as I always say, to do detailed research on the project and to analyze the previous price of the project to be preferred. I think many projects that have proven themselves and are among the top 20 in terms of market volumes will experience great increases, and therefore I do not want to name a single cryptocurrency. In addition, I recommend that you create an investment basket and include your various preferences in that basket by reminding that a single crypto or a single investment instrument should not be preferred. Why would you lose your potential profit margin, which you can get from projects that are on a higher upward slope by choosing a single project that can definitely rise? Instead of thinking about the possibilities with the eagerness to win over, you can evaluate the pricing that can occur in many projects by thinking of earning too much.