Post
Topic
Board Altcoin Discussion
Re: Do you think Bull Market is over?
by
liasbaa
on 16/09/2024, 06:44:28 UTC
Happy to hear your opinions und when it will go up again or not, and at witch levels u would sell or buy more?
Altcoin season is not here yet, look at the price of bitcoin, it is yet to pump to as high as is expected in this cycle, but it will. If you do not know, altcoins somewhat follow the price of bitcoin, so you have to be patient. If bitcoin does indeed rise to as high as $100,000, then some altcoins are also going to pump, the question is will you be hodling the "right" altcoin when the altcoin season comes, and will you also be smart and ready to take profit when you should.
With the increase in the value of Bitcoin, most of the leading currencies are seen to indicate an upward trend which continues to influence the crypto market to a large extent. To make your foray into the crypto market fruitful, you need to be patient and prepare yourself for the long term. Some investors tend to buy altcoins in bearish times which tends to affect them positively to get profits but should choose the right coin.