Post
Topic
Board Speculation (Altcoins)
Re: Altcoin investments have become risky this day.
by
ningrum
on 29/06/2022, 11:39:51 UTC
Don't get caught by Hype on altcoins especially when everything is red colored by downtrend. Wait for the next recovery phase and invest in right time on the promising projects. Currently BTC dominance going up, so don't worry about altcoins, wait for the green market conditions before investing, IMO.
That's true but if you want to invest in top coins like Bitcoin, Ethereum, or BNB I don't think we need to wait for green market conditions,
because the three coins are coins that have strong fundamentals and there is no need to doubt it,
this is the right time to invest and after that keep holding on until the market recovers
we should wait better price before start buying altcoin no matter that bitcoin ethereum or bnb. for long term actually current price cheap enough , but i still see bitcoin and altcoin still have possibility to down one more time. more littlye patience and we will get best price for those coins. we are still face alot negative fud in market that spread by whales now , they want buy or bitcoin cheaply.
It seems that the possibility will still go down but of course we need to determine the maximum target price to be purchased,
currently the price of Bitcoin is at $ 20k and it has been a few days the price has been there,
the most important thing is to continue to follow developments and always take advantage of the opportunities that exist to make a profit