Post
Topic
Board Speculation (Altcoins)
Re: here comes the alts days?
by
michellee
on 22/05/2020, 15:58:09 UTC
halving expectation is there, and btc price may keep in a rational range for a time before it explodes.
so maybe it is good time to buy alts to get more btc now?

Probably ALT SEASON is coming....Yesterday nano and banano pumped a lot, Banano did +120% and i sold some of it doing a good profit (I bought it at 5 sat), now I rebought at 6sat and I have duplicate my positions on it. A lot of alts are doing good at the moment, I hope we shouldn't wait added!
This is just a temporary rise and not an altcoin season, so you should not be optimistic early at this time. I think the value of this coin usually depends a lot on Bitcoin because if it does not increase, you will not be able to make a profit. For me, altcoins are just profitable coins, and I never choose to hold long term because the risks are huge.
Yes, the altcoin season will come, and we don't need to worry. Our jobs now only wait and buy more if we believe that the coin we hold can increase so high so we can make a big profit from that coin. But if we are worried, that can make us become panic, especially if we see the coin price is down, and that can lead us to panic sell which will not be good for us. The altcoin can be your way to make more profit, but that will depend on what altcoin you hold so you can get more money.