For investors who invest long term buying bitcoin is the most profitable. However, for short-term investors who already have strong trading skills, they can take advantage of the momentum of the ups and downs of Altcoin prices that have strong fundamentals. They buy Altcoins when they are down and then sell them when the price is high so that the profits can be maximized.
Altcoin price action mostly co-relate with Bitcoin movement. Bitcoin price is trading over 39k, and this price is not confirmed whether go upside or downside. For investors who invest long term can be saved but short term can give negative result. Many market analyst trust that the bottom isn't over but Bitcoin price could see more downside between 30-35k. Those dealing you've warned.
That is what most people say but I do not see it. I mean sure you could see the situation as risky right now but I feel like we are going to do very well in the near future instead of doing badly. I get that everyone is fearing the price drops that happened recently and fear that the same could happen again but I feel like that will probably not happen.
This means that we need to actually see it get low before we believe that happens, and before it goes down further, I will not believe that myself. The current situation is as bad as it could get for me and I believe that we will probably end up with something much better very soon, like a 40k+ coming in a day or two.