Post
Topic
Board Altcoin Discussion
Re: We should start looking into Altcoins
by
EarnOnVictor
on 28/11/2023, 13:25:18 UTC
The Liquidity pouring into BTC will eventually start pouring into top altcoins and we can already see it happening with likes of $SOL , LINK , $INJ etc making massive moves !

The obvious play here is to learn and leverage on top altcoins to buy
There is no lie here, altcoins are now promising, even more promising than Bitcoin when it comes to returns on investments. It's obvious that the price of Bitcoin is so large now, which is a discouragement to some people, especially to those who did not benefit from it when it was so small in price. And since Bitcoin is not the only cryptocurrency, the money is being distributed in all of them (cryptocurrencies).

Even if more money is injected into Bitcoin, due to its large size, the money would not have much effect on the price and the profit made would be little. This is unlike altcoins that still have very low market capitalizations, and due to this, if just $10B is injected into some altcoins, they might have yielded x20 of their initial holdings, but such an amount will only move Bitcoin by about 7.3%.

This is why it's getting increasingly discouraging for smart investors as they think investment is all about making money, and the best way to make it is actually the true way.