Post
Topic
Board Altcoin Discussion
Re: Market is about to pump
by
Minecache
on 17/11/2022, 14:00:31 UTC
Market conditions bad now. I think, Many investors losted Their money. I hope crypto Will pump very closer on 2023.
If this exchanges drama ends now, then it is possible that we will see recovery in the market. As DXY is dropping which is positive for crypto market

However, now is a good time to buy potential altcoins during the market decline
Sure! But stay away from sam's coins

You are absolutely right that we need to stay away from Sam's coins because  their recovery won't be so easy . The current bear market is an excellent opportunity to accumulate  Bitcoin and Ethereum  as both are fundamentally very strong coins. Though current bearish phase seems very severe & we have witnessed consecutive collapse of many big projects like LUNA & FTX but it will definitely end & we will see new ATH of Bitcoin & Ethereum in future.

Are you talking about projects that SBF and Alameda have invested in?  they have invested a lot in different projects, it can be said that the top projects on CMC all have their investment. But I agree with you that no matter what coin SBF has invested in, in the current situation stay away from all altcoins, focus on bitcoin and maybe ETH as 2nd choice. The bear market is not over yet and we are a long way from halving and it is impossible to know which coins will crash next, so stay away from all altcoins.