Post
Topic
Board Altcoin Discussion
Re: why people panic and selling alts ,they might dont what will happen in next mont
by
Jegileman
on 17/01/2025, 20:41:56 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.

Twitter is another whole place on its own when you are into crypto, that’s not a place to rely in people’s view about a token, crypto is very wide and many people have different way they view and react to it. Panicking is something that kills motivation for patience to reside in the mind of an holder, it is very difficult to make tangible choices when you’re panicking. The bitcoin dominance is still actively present and I don’t see the need for a shift to the altcoin season now until we see a trend shift in bitcoin which looks uncertain and may not happen anytime soon. When you’re holding an altcoin, having a proper research and a strong conviction is important to hold for the long term and even till the altcoin seaosn. But altcoins are not trustworthy and one cannot fully rely on them to make good profits, some may give you what you need and many may disappoint you.