Post
Topic
Board Altcoin Discussion
Re: How high will altcoins fly?
by
Mehedi72
on 16/03/2024, 19:58:19 UTC
Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as  the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
Looking at the market habits i feel that if you want to get a cheap price by waiting for the market habits to be bearish, but it depends on ourselves whether you want to get a profit or vice versa, because usually a bearish market is difficult for us to get satisfactory results.
I think it might be better to wait for some time as the market is very high now to get satisfactory results. The price of bitcoin has gone up a lot with the increase in the price of bitcoin the value of altcoins is high. The price may go down after the price increase so wait and buy.
This should be the case, as the current market is very loss-prone if long-term investments are made. Especially investing in new coins that have no clear origin, if I jump into new coins then what I do is only with short-term investments, with the technique of buying and selling when market conditions rise and fall quickly. (But I do not recommend it because it is very extreme) especially for beginners who are still unfamiliar with the development of new coins.