Is polka-dot a good price at 7 dollars? This was its price two years ago, do you think that polka-dot can still go down or not? Have we met the bottom for altcoins or all these are just fake outs? What do you think about altcoin market.
I think there is hope for other altcoins if precious assets like Bitcoin and Ethereum enter an uptrend. For example, $1000 became the bottom price for Ethereum. It's now up to around $1700. So, we may be in a good period for altcoins. For this reason, I think it might be good to buy altcoins gradually.
The market always works like that, the altcoin market always follows the movement of the top 2 coins. We cannot see altcoins growing while bitcoin is going down.
I highly recommend Dot, it's a potential altcoin and worth holding for the long term. The market is going up after the Fed announcement, I think if we want to invest, we should wait instead of buying now. The market will still correct a lot, I think the bear season is not over yet.