Quote from: Faisal2202 on December 03, 2024, 06:30:29 PM

I can't agree more with you we must not abbreviate December word but you do agree with one thing that this month was not so good and according to history it was not that bullish as November and January are. So in this month I think alt season will start don't know about you if you like to invest in alts or not but alt season attracts more investors even from BTC to alts. People start to convert their assets into alts.

Their for the word diversification and evaluation and assessing our strategy with time is necassary in this month as we can find some good tokens to invest in for the upcoming year to make more returns or we can simply stick to the BTC and buy more BTC in this month.

Historically, not all Decembers have been bad for bitcoin, especially since we are in the middle of a bull run, there is no reason to be pessimistic that this month will be bad for bitcoin. Bitcoin also just crossed $100k and even touched $104k and this will be a historic milestone for bitcoin, so saying that December will be a bad month is completely wrong.

Altcoin season has started and will get crazier as we enter 2025 and I don't see any problem if people start moving to altcoins for better profit opportunities. But i wouldn't consider this diversification as the entire altcoins are still dependent on bitcoin. If bitcoin price corrects or suddenly drops, altcoins will also suffer the same fate, so it cannot be said that investing in altcoins is diversification to reduce risk.