Post
Topic
Board Altcoin Discussion
Re: why people panic and selling alts ,they might dont what will happen in next mont
by
bSpend
on 28/12/2024, 22:30:59 UTC
Now BTC dominance at range of 55-60%. last 2 weeks gone bloody red. i saw panic selling most are.  In coming months BTC profits should come to alts and BTC dominance can be lower 35%. so alt coins prices will 3x-10X from current price.

keep in mind all the coins not perform in same way.

most of the newbies, dont know what is going to happen in next months.

If you refer twitter , you get panic quickly.
The market is generally unpredictable, atleast to the best of my knowledge, it's hard to tell when Alts will rise and when they will fall, I have always believed that the best way to profit from Alts is to select the good and solid ones and invest in them, withdraw the Alts to your private wallet where you have the keys and seed phrase written and saved up somewhere safe and only the investor have access to it, then forget about the Alts and check back years later.

Staying with the market and always looking at the price movement of alts is one of the things that easily drive some investors into Panic selling.