Post
Topic
Board Altcoin Discussion
Re: What's your reason for buying altcoins?
by
mirakal
on 20/02/2022, 04:12:00 UTC
Honestly, we are all looking for real opportunities to change ourselves or our lives by seeking profits.  But always remember that it is only when bitcoin starts a bull run that altcoins stand a chance.  So don't miss a beat for diversified portfolio, always hold btc first
Some “wen moon” people always forget this important thing. Smiley)
I still remember that "To the Moon" in 2017, and boy was it something that was starting to bother me. For me, the only reason for the altcois to start taking their bullish turn is that BTC rises in price and is put in a new ATH, which is something that we cannot rule out, but for now the market is a bit strange, with a lot of uncertainty In fact, the whales have tested price levels to see how the offer behaves, trying to push the price to $43-$45k, but we have seen that there are many bears, so it is somewhat difficult to eliminate the offer, since as long as there is a lot of supply, it will be difficult for btc to rise and, consequently, altcoins to rise.

It's been following the same trend in 2017 and after that year, the only difference is that no more ICO projects this time but shit coins still exist. I would not be surprise if the market turns bearish because after a major bull run, a major correction is also expected.