Post
Topic
Board Altcoin Discussion
Re: What are you guys trading today?
by
target
on 25/01/2021, 18:59:00 UTC
Bitcoin (BTC) continues to be stagnant at $32k giving time for some alts to recover at a certain level where they can compete like Polkadot (DOT) and Chainlink (LINK). Ethereum (ETH) still on its streak of going up maybe going after an all new ATH. But the real competition starts with top 4 to 10 giving them more chance to gain resistance at this stagnant market. What are you guys trading today?  Huh
At the moment everyone is involved with btc and eth because of the fact that these two top coins move ahead of the market, yes, there are several other coins moving nicely but btc and eth have their own charm and for this reason they have over 88% of total market share which makes them extremely dominating coins.

Most projects that risen up are the DEFI projects. It wouldn't be too late to get into Defi if you really are up to trade and make money out of it. The crypto marcket cap is decreasing yet the prices of defi continue to rise.

The stagnant price of around 32,000 might just be a sign that the price of BTC will drop below $30,000. I couldn't be more sure but if it happens, then that's how the market goes.