Post
Topic
Board Speculation (Altcoins)
Re: Time to buy some low cap coins
by
datguy
on 10/07/2022, 18:12:42 UTC
When Bitcoin bounces, top altcoins will bounce first, not low cap altcoins.
I am totally agree with you that when Bitcoin start to bullish ,all the top altcoins start to bullish because it's directly propotional to Bitcoin.
But the best thing for low market cap coin is that it's bullish jump is more higher then top altcoin due to low resistance
So you have more possible chance to earn more
You could say the influence of Bitcoin on the top altcoins is extraordinary whether the price goes up or when it goes down,
coins like that when they go up I don't think they will last long and different from the top altcoins,
so we really have to know when is the right time to buy and sell it

I partly disagree with you. I don’t think that all the top altcoins will follow Bitcoin. It is clear that locally every coin will give some bounce, but it is unlikely to go on trend. I believe more, when alt season comes, we need to monitor which segment will go up and follow the coins of this segment, starting from the top coins, and then look at similar lowcaps.