Post
Topic
Board Altcoin Discussion
Re: Altxoin downtrend
by
Jose Mourinho
on 16/06/2021, 16:04:00 UTC
In May since the decline in bitcoin, altcoins have also fallen until now, and many traders in the world are stuck at a fairly deep peak and many have cut losses, is this the work of bookies, what do you think?
it's a very natural thing in trading, the price of Bitcoin and some altcoins hit their high point. so if a lot of people don't take profit it's a big loss and if there are some people who dare to take a big risk to buy the highest price coin now they have to bear the risk, the price of the coin in the market is really hard to predict. the world's rich people bought a lot of bitcoins and altcoins some time ago causing the market price to soar. So now if you expect the price to peak again is something a lot of people don't want anytime soon, myself included. maybe we should wait for influential people in the world to re-advert bitcoin or other altcoins so as to influence the market demand. and I don't think that's going to happen anytime soon. now go back to collect the best coins to be used as future assets.