Post
Topic
Board Speculation (Altcoins)
Re: What do you think November will be for alts?
by
Oceat
on 19/11/2021, 23:57:48 UTC
November had many events notable for the entire cryptocurrency market, but still, I'm kinda not sure what's going to be next. Now I am closely watching the process of public sale and development of CheckDot platform. I have high expectations for this project. What do you think about it? What can significantly affect the price? Also, I would like to see your predictions for the altcoin market for November, which altcoin do you believe in and what fundamentals can drive growth?

Actually,November will be the dump time for every year.So hold your altcoin,whatever it maybe.Once the december come,you gonna sell at good price.The price of most of altcoin will reach huge on December.I had invested many coin,mostly they are altcoin.Once the price of altcoin reach to the good value,I will sell and get good profit from it.


You choose the right strategy, but I'm afraid you might be wrong when it comes to timing to sell. I agree that November will be a month of declines, but I cannot agree that December will surely be a month of increases. In my opinion, it is very possible that in December prices will still be very low and that the increases will not start until next year.
Why do you guys keep holding altcoins that isn't in the top instead of buying Bitcoin? Bitcoin is worthy enough to hold than those shitcoins out there. If you did your research right you might have earn enough profit already than holding those altcoins that is just too good at the start because of the hype but after that I don't think you might be able to sell some of them when investors are leaving and dumping already with that certain coins.

I don't think November is a bad month since clearly you don't see the recent pump of Bitcoin after it gets corrected. But anyway, I believe this correction is just a temporary drop to allow new investors to buy before heading to new ATH this year. And probably most altcoins will follow too but I have a doubt with the new altcoins/tokens you guys been hodling.