Quote from: lixer on June 28, 2024, 08:20:53 AM

Quote from: Sebas.tian on June 25, 2024, 03:59:54 AM

I think, is very important for traders to take note that after bullish season, bearish season is about to take place in the market for those that made income from their trading to use the period to purchase more coins that will make them to be comfortable in holding without the fear of disappearing. Purchasing altcoins during the bullish season will not going to make your income massive in the future, and if you want your income to be massive in this year, purchase your altcoins in the bearish season. Based on what is happening now in the altcoins market, show that the bearish season that will lead to massive bullish season is about to take over the market which investors need to embrace this opportunity to purchase and hold until the bullish season appear.

I think the market is still very good to buy and profit from altcoins because as much as Bitcoin fluctuates, so do altcoins, and at the moment Bitcoin is not in a stable condition. And there are a lot of ups and downs going on at this time, if you invest in alternative coins and get profits at the same time, a good profit can be accumulated.

Yes, I don't recommend buying and holding any alternative at this time for a long time because the current market condition is best for daily trading or short-term trading. Those who are experienced traders get good profits in such conditions. Those who are waiting for the market to fall for buying altcoins should start doing DCA because if they don't want to buy a coin at once then they should be active in the market under the DCA method.

Right now, I don't think it's a good time since the market might still crash, and we're waiting for Bitcoin to hit $53k since it will affect the whole cryptocurrency price. And while waiting for the market crash then best option is to convert some spare funds to USDT and buy at the right time.

But if you are eager to buy on the crypto market right now, then the option is DCA.