Quote from: Tellek Garing on Today at 08:52:55 AM

Quote from: abralzain17 on January 28, 2022, 09:38:40 PM

Quote from: Tellek Garing on January 02, 2022, 12:19:29 PM

Contrary to speculations from various cryptocurrency analysts who have predicted that the altcoin market was going to witness the highest price boom in 2021 it seems the hype was overrated and the market went in the other direction opposite the speculations and many speculators are left with no choice than to flow with the current market conditions.
The altcoin market witnessed some new development and projects such as the web 3 NFTs and the discovery of the metaverse which are now the rave of the moment, this and many more are the happenings that characterize the altcoin market with its wave being transferred to this year 2022. I guess the altcoin faith is left hanging at the moment and a lot of analysis has gone ahead which all point to a more groundbreaking development ahead.

For this year (2022) I believe more in old Altcoins compared to Altcoins that are trending now, I believe more in Cardano, Bnb, Ethereum, Matic and Dogecoin. With the current market correction, this is an opportunity for me to collect the Altcoins that I mentioned.

Actually, the current position of the market is low below what we hard in 2021 but because of the general state of the cryptocurrency market it can be said we need more time and big news to change the face of the market,
The most important aspect is that more new projects with promising future and multi-blockchain layer 2 services will give the altcoin market a new phase of price movement.

True, the current market scenario is not very rosy and crypto in general can fall further low as there is fundamental shift in money supply policy which is causing panic in all financial market including Bitcoin but i think it is good buying opportunity when Bitcoin is trading around 36K but should adapt 3 step buying strategy and start accumulating top 10 coins now and wait for the next dip which is likely to happen in March when Interest rates are likely to be revised.