I understand we are entering altcoin season and things will be bullish. But when will we see the downward trend? Are we talking mid 2025?
Even the bullish we are talking about with certainty is not certain. Anything could happen this year aside our huge expectations for altcoins. If you are buying any altcoin now be careful for the choice of altcoin this season. Get an altcoin that no matter what season we find ourselves into, whether bullish or bearish season we can still have hope of holding it for more time. Mark my words most persons will get unlucky to buy the wrong altcoins. And if para venture we see the downward trend then those projects might go out of the market.
SOL is the way, in my opinion.
But I don't see the events, the chain of them, that would break the rally coming in 2025. And we simply can't speculate on them due to not knowing what's to come till it is too late.
This is the correct way to approach crypto. I mean in most cases we know that long term they go up, and that's fine and we love crypto for it. However, short term is mostly unknown, a bit mid-term or even short term right now is that we are on a bull run, so we could see SOL and bunch of other things go up a lot, and that's fine and I like that. However, we can't guarantee anyone anything, it's a mystery to all of us.
Hardest part about the situation is that we are dealing with something that's taking a bit of time, and for that reason we can't make this work any other way. I am not really considering this to be changing quickly, it is not going to be that simple, but at the end of the day, it's going to be tough to predict the future.