Post
Topic
Board Altcoin Discussion
Re: Altcoin market, what to expect in this season
by
RealMalatesta
on 17/04/2022, 15:30:34 UTC
The recent volatility of the cryptocurrency market and the hype surrounding its trends make many people feel that altcoins move too quickly. I feel this is quite normal considering that we should also look at the fact that the cryptocurrency market is still small compared to the traditional financial markets before it. Although in recent years, with changes and development, it is still a place for many people to take advantage or take advantage of the opportunity to make money, I see the problem in each person when knowledge as well as background If we don't have enough financial resources, it is always easy to make mistakes and receive losses with altcoins.
The thing is, when you are talking about altcoins there are levels to it, when you talk about top 20 that is different, when you are talking about something between 100th and 200th then we are talking about something else, when we are talking about 500th to 1000th then we talk about something else.

This is why we talk about volatility in different lengths and waves, bitcoin may not have a huge volatility, but some top 20 coins have big ones, some 100th to 200th level ones have much bigger for sure, some 500th to 1000th ones have like insane levels, be down 80% one day, be up 500% another day, hence why it matters. This is why volatility is different.