Is it over already or it's not too late to invest in altcoins right now? I'm new to this crypto thing and I've been told to invest in top altcoins or BTC but the market isn't looking so good and I don't know if this is still a good time to invest or wait for red market
One of the most recommended strategies for investing in the crypto world involves investing 40-50% of your budget in popular altcoins.
Some of these popular altcoins include NEO, Tron, DASH, etc. Some experts believe that altcoins are likely to outperform Bitcoin and other established coins. This is because they have a strong foundation along with great growth potential, profit structure, utility mechanism, etc.
There are many other similar altcoins with great potential. The risk of these coins is minimal and the potential for return is high in the long run. So most of your investment should go there.
There's no such thing as "expert", we are all making speculations about this market. Investing to the popular ones is indeed a good option but that's not exactly as it is. Bitcoin as an example is a good choice but in my case I don't have holdings in TRON and Dash even if these two are on the top list. It will still be depending on your preference and it is not a mandatory to invest to each of the big names. An investor has a freedom to diversify or to just invest to one crypto. Either way, risk should be considered especially right now wherein the market is more unpredictable. Proof to this is the sudden downfall in the price of cryptos then followed by an upward motion in the same week.