Post
Topic
Board Altcoin Discussion
Re: Altcoin Season 2020!
by
hulla
on 11/07/2020, 21:05:02 UTC
As the Bitcoin faces Bearish trend, Altcoins are gaining traders attention.

ETH, XRP, USDT, Dogecoin, BNB, ADA & other are the preferred Altcoins lately
Bitcoin was facing the bearish you because of the arbitrage traders slight switch to altcoin which some people refer to as pump and dump scheme. However, XRP should a preferable altcoin for any genuine crypto trader.

Has the Alt season arrived?
No.


No one can actually say yes presently, but the best one can do is to seize the opportunity to trade altcoins now that the dominance of Bitcoin is low, it is profitable right now,move with the trend and know when to sell ,once bitcoin makes a major move, it's going to affect altcoins drastically, so always watch your trade,remember to use stoploss except for long term trades.
You're right when you said no one can actually say yes cause the market itself have already provided the answer but one thing thats sure is that the altcoin market will follow bitcoin market and if bitcoin is not making waves the altcoin wont either.