I'm not really sure about this but we could be at this 'spot' when it's time to start accumulating alts again. But not just any alt. I think we could have better chances of more upside if we hold the newer ones that were released recently. None of those old ones like UNI, AAVE, LTC or XRP which already had their time of trending up huge during past bull markets. We want the newer ones that are -80% down or more their recent all time highs. Those ones that were released after 2021. I won't give any suggestions of which those are as it would look like I'm shilling.
I think we'll be seeing a lot of the newer alts make huge moves up next year. And rather than scalping them for a measly 10% gain, just hold them and make a lot more money.
Stay safe out there guys.
I tend to agree. Been through many bull amd bear markets amd this feels very pumpy right now. Seems like a consolidation at this point amd people are stocking up on coins amd tokens. Could be wrong but I think come nov/Dec we start to see some positive movement upwards amd then spring of 2025 we have a full bore bull run with more of the "normal" population starting to get involved. No clue where this one goes but I think it's going to be the biggest volume in crypto we've seen in it's 15 year history. Just my 2 cents.