Post
Topic
Board Speculation (Altcoins)
Re: Arb below 1$
by
hd49728
on 31/03/2023, 01:22:16 UTC
Arb supply is very big which will not let this token pump hard like other coins. What do you think about Arb Token? Is it a good option to take entry below 1$ or I use my fund in btc or Ethereum?
Big supply is one of issues but with massive airdrop like Arbitrum did, it will have another problem. Massive selling pressure from airdrop receivers and I don't say it is bad idea to accumulate Arbitrum when its price is cheap. Though it is good plan for 2024 bull run, you must wait a few months before making your accumulation on Arbitrum. Months later, if you accumulate ARB, you should hold it till more than middle of 2024, a few months after Bitcoin 2024 halving.

After that halving, cryptocurrency market will have a new big bull run and it is when you can take profit with your ARB.