Here we are, 2.5 weeks later and the Alt-coin market seems to be down 30%+ and floating at that level for a while.
With the upcoming Halving event in a few weeks, does the community think whether we still have more than 30% drop to go (from the highs last month), or is it a good time to load up on Alt-coins again?
The upcoming halving is only days away and we haven't seen that much drop in altcoin prices, if there's going to be a drop it isn't happening before the halving. It's very difficult to predict what will happen to altcoin as altcoins are very volatile and the price can be affected by different things. Memecoin can pump due to some celebrities buying the memecoin or tweeting about it while other altcoins can pump as big whale investors are investing into the project as we have with Real world Assets tokens pumping.
Loading up altcoin right now can be risky as we don't know which altcoin is going to be getting the most attention for the bull maket and if you want to make profits you have to be invested in the right project that gets the attention. You can know the narrative but if you didn't have the right tokens that will be getting all the hypes, you'll miss out on making profits as altcoin that do well depends on hype.