Quote from: Webetcoins on April 09, 2024, 04:58:05 PM

So, the guy above him is wrong when he said that the alt season is now up? I can't confirm because I'm not really into alts. My only focus at all times are in BTC. Even though BTC is now pumping heavily, it is not yet on its full form or the bull run is not yet over for the altcoin season to get started.

The last bear market we have are so intense, so you got a point there that the coins who survive it might be strong and has a potential but it is better to still be picky and do a research since there might be coins who only got lucky to survive that kind of bear. There are coins who can continue soaring high even though their devs have already died or are now retired. Take a look at BTC.

It is difficult to see the development of altcoins because such assets are quite speculative and when people do not understand the market movement it will actually lead to losses. But if people want to invest in altcoins then they should be able to look at the top coinmarketcap which has much better potential, although the level of risk is also large when someone doesn't understand how to invest.

There are many people who still invest in altcoins and perhaps they understand the fundamental level that can generate profits in the short term. If you don't want to take big risks then bitcoin is the solution because even though this asset is speculative, they have a moment of recovery before reaching the next ATH. That's why people prefer to invest in bitcoin compared to altcoins because even though both have risks, they are very different.