Quote from: armanhusni on March 02, 2022, 05:53:08 PM

Quote from: kentrolla on February 05, 2022, 09:27:43 PM

Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.

But my only worry is what if it's one more bulltrap.

Bitcoin is not looking in good position. Its continuously moving up and down and and its directly created vad impact in All Altcoins.
ADA,Eth,Dot all are looking very bearish. Waiting for bitcoin to stable there then I will think for next entry.

Yup! Bitcoin may not in a good position for now because its market haven't recover yet from the previous successive dips but its market is having a slow progress due to the Russia-Ukraine issue, particularly because people from those country stated are starting to convert their assets/funds into cryptocurrency to defend themselves from the deflation of their local currencies.

Nevertheless, it is still a good time to invest in BTC or Altcoins such as ADA, ETH, BNB and DOT even if the market is still declining and a bull trap may happen.