Post
Topic
Board Speculation (Altcoins)
Re: Altcoins enter bullish trend
by
cryptothreads
on 03/08/2020, 14:04:29 UTC
upon seeing most of the altcoins in top 20 are green for the past week I'm very positive that the market is very bullish, now is the very time to buy and hold. Seeing the ethereum increasing 100% from the past 6 months is such a relief, this year is going to be great for ethereum I guess. XRP is gaining some strength too, its price changes +66% from the past month, I got XRP in my portfolio, I must say a pretty decent amount of it and I'm glad that these coins are pumping. But don't take it too easy to get any profit, the market is still deep, it's just shallow when we look at it. Study the market, don't rush!
Now the price of ETH has crossed the $400 mark and this is only the beginning of the market. The altcoin season is coming very close, and this is a good time for people to make a profit because I am sure the investment demand in the next few months will increase rapidly. Based on what is happening, I can predict that ETH price will soon reach $800 by the end of this year or possibly higher.
Today there is good growth with the leading altcoins in the market. Ethereum suddenly peaked high reaching around $400. Further there is price fluctuations which has not made it gain resistance around $370. The same day there is big growth with XRP crossing 0.32$, but that didn't gain resistance to move higher. This way the altcoins were bullish, we need to be prepared to experience the best profit from altcoin investment.
Investing altcoins during this time is the safest option but should only choose coins that are in the top 150 CMC because these coins can guarantee your profits.

The market is in an uptrend, but also need to think carefully because if suddenly dropped, the profit of investors can return to zero. By all means, should ensure profits when investing and don't trust others because they can put you at risk