Post
Topic
Board Altcoin Discussion
Re: What happens to altcoins ?
by
NicNacCoin
on 13/02/2024, 22:01:57 UTC

Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
If you can hold the investment till now from where you invested then I think you are in for a lot of profit. Crypto currency market is risky and you have to move forward by taking that risk. Always remember that you can only succeed if you take risk. Of course I believe in altcoin and hold altcoin but I always consider ethereum as an altcoin over bitcoin and thinking of moving forward with ethereum. Because I don't want to take too much risk and move forward with any coin.