Quote from: livingfree on August 09, 2021, 10:45:03 PM

Quote from: michellee on August 09, 2021, 07:47:36 AM

Quote from: livingfree on August 08, 2021, 10:22:46 AM

Quote from: michellee on August 08, 2021, 06:41:28 AM

Fortunately, bitcoin and ethereum now can change better than before and I guess people's attention now follow the bitcoin and ethereum price because they want to make a bigger profit.

But I feel that the altcoin season will come again soon as when the bitcoin price can increase and reach $45k-$50k, it can trigger the altcoin to increase.

Maybe this year, we will see two times of big bull runs until the end of the year. Hopefully, that can happen in the next months. So it is better to focus and search for the other potential coins to buy and hold for a while.

I guess this is again the altcoin season.

That's what usually is happening when a pump for the altcoins is happening. There's so much demand that makes the other coins pump as they're also just followers of ethereum.

Up or down, when Eth does, the alts are also likely doing it.

Hopefully, that will happen from this month so we will see the altcoin season and make a profit again. But this situation seems a bit difficult to predict as when bitcoin price getting high and reach $44k, the price is down slowly and not jump down fast.

I think the investor still looking the right time to enter and buy bitcoin or ethereum as the price now is at $2,9xx which is not easy to accept if the price is down deeper than that price. All in all, the altcoin follows the bitcoin price moves and now, the altcoin also get correction of the price.

For most alts that I hold, it's not really that much as I'm also into bitcoin.

So whether we're in the altcoin season, bitcoin will also show how superior it is and this is going to be beneficial for those people like me that holds both, bitcoin and ethereum.

I hold bitcoin bigger than the altcoin because I believe that the profit will be bigger from bitcoin. But I admitted that the altcoin could give the other bigger profit, especially if the altcoin price can increase 2 times than the price before.

When you hold bitcoin and ethereum, I am sure your profit will become bigger as I say before. We know the chance for bitcoin price to back to $64k will be wide open while ethereum can break $5k sooner or later. So that will be enough for us to keep holding those coins and wait for the bullish trend comes.