Post
Topic
Board Speculation (Altcoins)
Re: Good time for all ALTcoin
by
geegaw
on 08/09/2021, 15:21:26 UTC
It's the year of Bitcoin in my opinion because after 2017 Bitcoin just moved flat in the market. In my opinion, the year of Dogecoin is not suitable, because there are still many other Altcoins that have increased positively since the middle of this year. We also don't underestimate Dogecoin which can surprise the market because they can always make a difference.

The year of Bitcoin was 2017, yes it has gone up many more times in the past but it was at a small market cap, and not many people in it. 2017 was when there was so much retail interest it shot up over 20x. And remember,,, this was when BCH threatened to wipe BTC out, and ETH also and both failed:)

For sure this is a good year,,, but going from 20k to 60k is not exactly a great year to top 2017
It could happen again and Bitcoin will peak this year. $63K already happened despite the previous low in early January of $29,374 and it looked like Bitcoin would sink by then. I'm sure Bitcoin has a great story this year and will be a year full of drama.
The drama started again in the first few days of September as bitcoin retreated into ports of support and altcoins also suffered from this unexpected drama, it's hard for anyone to talk about the year-end situation, the face-up and flip-up cards are constantly appearing, making the drama more unpredictable than ever. Bet a lot of people are eyeing altcoins but it's especially difficult to spot a suitable entryway, the gates of death still abound and if one goes wrong, the end of the year will be sad for them.