Post
Topic
Board Altcoin Discussion
Re: What altcoins have dropped at least 10x in this bear market and will easily 10x
by
GeorgeJohn
on 31/10/2023, 06:15:19 UTC
As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.
I may say that we are in the middle of bullrun and slide out of bearish season because of little increment in the market, so basically I believe that altcoins is not something you will trust fully because some of the altcoins doesn't have a potential like other altcoins and when purchasing you don't have to conclude in your mind that this particular altcoins will give you more than 10x when you invest in it, sometimes what pushed increment of altcoins is bitcoin, because whenever Bitcoin is progressing or having potential in the market it get accelerated too been altcoins.

So you investing in altcoins doesn't guarantee you that you make a very big profit in altcoins even the altcoins you invested, because I know quite well that not all altcoins have the power of dominance, but they get value gradually depends on the project, some of the altcoins have its way of moving forward.

But if I should encourage us in altcoins investment we have to invest in altcoins that have a potential not altcoins that doesn't have anything to ride on, sometimes it's a long term investment that makes some people to lose their funds in altcoins investment because some of the investment bearish season may meet them and I believe that short term investment is the best someone can do in cryptocurrency investment and especially in altcoins, no altcoins is trusted or have a similar potential with bitcoin.