Post
Topic
Board Speculation (Altcoins)
Re: How quick will altcoins recover?
by
Agbamoni
on 14/03/2025, 10:13:25 UTC
Do we think altcoins are going to recover as quick as they crashed?
Altcoins is not a currency to rely on. Most times its recovery is dependent on the recovery of BTC. While sometimes depending on the altcoins you are holding the price may recover whether Bitcoin is going up or down. And that is as a result of the projects, team, and investors.

It has been a brutal few weeks for altcoins and being 100% altcoins it has hit my portfolio hard.

My portfolio is still +62% despite this big correction but it was +180% back in December.
 
Well you have to wait for the next bull season, this is one thing about cryptocurrency. There may come a time where those coins will never be as low as this, the highest high might be the lowest low all you need is patience. Unless you are short term investor you can just wait for the price to recover and give you small gains then you exit the market.