Post
Topic
Board Altcoin Discussion
Re: Investing altcoins now or during halving?
by
Abiky
on 15/01/2024, 22:15:41 UTC
Most altcoins follow the trend of Bitcoin, and so it's very likely whatever happens to Bitcoin has got a reflective effect on them. So I would prefer to buy at this moment because by that time, the trends must have gone far and you will not be able to buy at a good price or FOMO may set in and you may take irrational decision that may not be a good financial decisions. If you buy now before the halving, after the halving, by the next bull run, you may be able to get some good profit on your investment.

Buying during halving isn't a bad idea but then it could be buying at a bad price because definitely their will be volatility due to demand resting from the halving.

Market prices have been going down lately because of the "buy the rumor, sell the news" event. It's the perfect time to grab altcoins at a discount before BTC goes through the halving. I believe the market will turn bullish afterwards (as it has been shown in the past). My eyes are on both Solana and Ethereum, as they're the top coins for "De-Fi" and NFTs. It's likely they will reach a new ATH soon. We can't discard BSC either (the chain of BNB), especially when it's backed by the world's largest crypto exchange.

Exciting times ahead for the whole crypto/Blockchain industry. Just keep buying, and holding, and forget about the rest. Wink