Once the bitcoin reaches 70% dominance, I think its a right time to invest in alt coins. Most of the alt coins are at bottom price now. I feel it's a great opportunity to invest in alt coins..
Are we Going to see Bull Run in Q1 2021? Is it a right time to invest in Alt Coins? What is your opinion on this?
No one has a crystal ball but here are the most likely scenarios:
Bitcoin ETF approved in the US, Bitcoin pumps to 100k then money flows back into alts.
XRP lawsuit dropped, XRP pump starts alt season.
Economic collapse, traders dump everything, including crypto. 1-2 months later a new quantum financial system emerges based on blockchain technology, all cryptos pump but Bitcoin likely loses it's #1 spot if lighting network isn't adopted or exists merely as a tokenized store of value on XRP/XLM/IOTA/HBAR/ETH.
Anyway, historically the largest gains have come from microcaps so I am loading up on ALCX and 0xMR too.