Post
Topic
Board Speculation (Altcoins)
Re: Are we going to see a new altcoin boom soon
by
Bonenx14
on 10/04/2022, 13:34:09 UTC
We've already passed half of the month since this post but look, we haven't yet seen a huge surge in the market particularly in the altcoins. It looks like we've not seen another Bullrun this quarter, I'd presume a change late this year before the end of 2022. But then, we're supposed not to expect it, we're actually glad to still see the market still at high despite the war and FUDs.
In the first quarter the market conditions did not have support for bullishness, even after the news of the war in Ukraine the market conditions worsened even though it had recovered but the pattern of market movements was unstable, currently Bitcoin has experienced a correction of almost $ 5k in 2 days, while bitcoin needs more time than that to rise.

Quote
Well, for now...the best thing to do is accumulate more while the price is cheap.
In the declining phase of the market then it's time to improve the portfolio, adding more top coins for long term profit