Post
Topic
Board Altcoin Discussion
Re: Are you still buying altcoins??
by
Sayeds56
on 06/06/2024, 15:54:00 UTC
It seems bulls are busy with Bitcoin only. That's why Bitcoin keep breaking new All time high but most of top altcoins (except a few) Still straggling to cross even Half of their Ath price. So maybe altcoins season might come after btc halving. That's why many people still don't hesitate to collect altcoins. What is your opinion about this matter. Are you still buying anything or will think about it later after halving

The dynamics of the other cryptocurrencies are indeed influenced by Bitcoin's performance, particularly major event like halving and approvals of Bitcoin's spot approval which has significantly attracted substantial investment in Bitcoin. Bitcoin dominance Index is the indicator of investing flowing in Bitcoin and when this index starts to slide it potentially triggers price of all major cryptocurrencies.