Post
Topic
Board Economics
Re: How is it supposed to be alt coin season after bitcoin falls?
by
sunsilk
on 21/04/2021, 23:01:26 UTC
~snip~

Market fluctuates and everything is affected. Bitcoin drops does not mean it will continue to drop and wont hike gain, when this happens, maybe crypto world will vanish. Maybe altcoin season will now get higher price for those potential coins because it is the opportunity to altcoin to gain more value while bitcoin is dropping. Take this time as an opportunity to buy bitcoin because this is always the best coin and even institutions investing on it.
It's far from vanishing if that's what you're thinking. We will eventually know if this altcoin season is about to end soon. Because at the end of the cycle if the comparison would be the same as 2017.

Then the drop of bitcoin would be continuous and then the altcoins would follow too. But if you have the analysis and can read the basicality of the market, you'll have the belief that it's not yet done. All of these drops are still a chance for accumulation.