Post
Topic
Board Speculation
Re: Bitcoin - what do you expect for the rest of 2024?
by
JamesDaniel90
on 15/08/2024, 09:45:18 UTC

Still 100% altcoins. I would be very surprised if altcoins do not pump at some point in the peak months of the bull run.

My plan is still the same , cash out my altcoin profits in the peak months of this bull run and buy Bitcoin in the lows of the next bear market in 2026.

What do you mean the first popular altcoin has only 30% growth , which one is that?

I am holding a few altcoins that have done over 1000% growth in the last 9 months.


Holding 100% altcoin is very risky, you should consider it .

There have been many predictions discussed on X as well as on reddit . We are not going to have an altcoin season and with what is going on , I see them having reason to make those predictions . I don't expect that to happen ,  but I think we should also think about that scenario and have a backup plan because anything can happen . As we can see bitcoin has increased from $17k to $73k and is trading at $60k , but many altcoins are not even having any impressive growth or breakout . So far ,  only a few have shown good growth so I'm skeptical of an altcoin season .

In the time Bitcoin went from $17k to $73k , I had altcoins that did 5x, 10x and one even 30x.

I am happy being in altcoins, we may not see a massive alt season like the previous bull cycles but I still expect good returns in the peak months of the bull run.