Most professional traders/investors believe that the much anticipated altcoins season will not commence except there are reasonable melt down of the dominance index rates. As a matters of facts, Bitcoin dominance index rate is still bullish at 63% as at the time of writing.
Some time ago many traders, retail investors and holders thought that altcoins season has ended earlier this year, but I have contrary opinion, i think that altcoins season is yet to commerce, though no technical indicator to validate my opinion, but based on past experiences of the past season, there could be reason to believe that altcoins may be loading waiting to commence any time this year. What are your thoughts?
Bitcoin dominance is still on and the year is yet to halve. so much can still happen. Predictions remain predictions until it happens. For me, altcoin will come up before the year ends. My
What are your thoughts?
I just want to tell you that the market will always have sellers and buyers, bitcoin investors and altcoin investors. Those who have taken profits will say the bull season is over, but those who have not sold believe the bull season is not over yet. Likewise, bitcoin investors do not expect or hope for altcoin season to come because it is not beneficial for them. But altcoin investors believe it will come regardless of what others say.
Therefore, you just need to choose a side and stand firm in your position . There is no need to ask or seek advice from anyone because they are not on your side , and they like you, cannot know what will happen in the future.
thoughts though
well i agree with you partially and my added opinion is to invest in both Bitcoin and Altcoin if you have enough capital, expect the best, set price limit for buy and for sell, know when to take profit, reduce greed and be smart in your decisions. Predictin cannot be relied upon 100%